Tom,
I'm back at it after a call to Rick. He said the first valve, the one you have pictured, stays next to the tractor's case and then the second valve, which looks a little different, slides on the studs with the cover last. That's the way the diagram shows them but the written instructions are different. Rick's advise; don't read the instructions, look at the picture. Must be some more bad translation.
Hey John, you should get a full time job with Kioti to write their material and that would make it easier on everyone.
I haven't posted any pictures on TBN but will give it a try once all the parts are together. Like Tom's, a picture is worth 1000 words, especially if you are trying to understand the translated version.
Sodamo, The install isn't as hard as it looks once you start to see how it goes together. I cheated a little and took the fender off. I think the few minutes spent removing the fender saves you more time with the install, especially with adding both valves and you don't have to lay on the ground. No cold ones yet. Maybe after I'm done and there are no leaks. Good Luck.