Schaeffler may transform into a joint-stock company

In order to maintain its viability in the capital market, Schaeffler, a German family-owned company, is considering changing the nature of the company from a limited liability company to a joint stock company.

Maria Schaeffler, Schaeffler Group Vice President, said: "In order to have a broader strategic choice in the future, for the benefit of the entire company and all employees, we decided to set up a joint-stock company. The new company will be established in October, but we have not yet Do a good job of public offerings."

Maria Schaeffler's son, Georg F, President, Schaeffler Group. W. Schaeffler said: "After setting up a joint-stock company, we will have more flexibility and transparency in the capital market, which will benefit the company's future long-term development."

The Schaeffler Group produces ball bearings and double clutches. Last year, sales reached 12.8 billion U.S. dollars. Schaeffler is the largest shareholder of the Continental Group.

Excavator Proportional System

Excavator proportional system refers to the hydraulic system that controls the movement of the excavator's arm, bucket, and other attachments. This system is designed to provide precise and proportional control over the excavator's movements, allowing the operator to perform delicate and precise operations with ease.

The excavator proportional system uses a series of hydraulic valves and sensors to control the flow of hydraulic fluid to the various components of the excavator. These valves are controlled by the operator's movements of the joystick, which sends signals to the hydraulic system to adjust the flow of fluid to the various components.

The proportional system allows the operator to control the speed and force of the excavator's movements with great precision. This is particularly important for tasks that require delicate and precise movements, such as digging around sensitive underground utilities or performing demolition work in tight spaces.

Overall, the excavator proportional system is an essential component of modern excavators, providing operators with the control and precision they need to perform a wide range of tasks safely and efficiently.

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