China's first 8-speed automatic transmission, developed by Shengrui Transmission Co., Ltd. (located in Weifang city Shandong province), has been launched to the market. It is China's first 8-speed automatic transmission, with independent intellectual property rights, and the first FF (Front-engine Front-drive) 8-speed automatic transmission in the world as well. The automatic transmission, as one of the core automotive powertrain components, is an integration of machinery, electricity, fluid and electronic control and a technology-intensive product, with high added value. In early 2007, Shengrui Transmission Co. started to cooperate with Chemnitz University of Technology, Beijing University of Aeronautics and Astronautics and many other units at home and abroad to develop the FF (Front-engine Front-drive) 8-speed automatic transmission that has independent intellectual property rights and has reached the international advanced level. On an individual enterprise basis, the cooperation started among industries, universities and research institutes, taking advantage of superior resources domestic and overseas. At present, the prototype of this 8-speed automatic transmission has been completed and tested, with all testing results meeting its design target.