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Recently, ZF signed an agreement with the Huadu District Government of Guangzhou City to establish its third R&D center in China locally, aiming to make a more comprehensive and in-depth layout of the Chinese market and accelerate the transformation and innovation of future travel modes
.
ZF's third R&D center in China opens in Huadu, Guangzhou
ZF's third R&D center in China settled in Guangzhou Huadu ZF's third R&D center in China settled in Guangzhou Huadu ZF's third R&D center in China settled in Guangzhou HuaduCurrently, ZF has two R&D centers in China, located in Shanghai Jiading District and Songjiang District
.
On the other hand, ZF has been actively deploying autonomous driving and electric drive business in recent years, and has quickly won the favor of customers and the support of partners locally
.
Based on the good momentum of the business, coupled with ZF's firm confidence in the long-term development of the Chinese auto market, and insight into China's rapid development in the fields of intelligent connected vehicles and smart transportation, ZF decided to deepen localized research and development.
Actively cooperate with the trend of the new four modernizations of China's automobiles, with firm determination
.
It is expected to invest 700 million yuan and put into production in 2023
The estimated investment is 700 million yuan, and the estimated investment in 2023 is 700 million yuan, and the estimated investmentin 2023The ZF R&D center to be established in Huadu District, Guangzhou City, with an estimated investment of about RMB 700 million, will be put into operation in 2023
.
The Guangzhou R&D Center will have core engineering technology research and development capabilities, covering software development and future travel related technologies; it will not only relieve the pressure of the two R&D centers in Shanghai, but also complement the technological advantages, forming a synergistic effect, and fully implement the implementation of mining in China.
Fu's global technology policy, namely "See, Think, Act", provides Chinese customers with comprehensive technical solutions from software to hardware, meets the needs of the Chinese market, and comprehensively builds green, safe, High-quality and affordable next-generation mobility solutions, fulfilling ZF's "In China, for China" commitment
.
Dr.
Holger Klein, Member of the Board of Directors of ZF Group and President of Asia Pacific and India, said: "The decision to establish a third R&D center in China is of great significance to the ZF Group and confirms our determination.
Deeply cultivating China, the world's largest automobile market
.
Ms.
Wang Runyi, President of ZF Group China and Senior Vice President of Asia Pacific Operations, also pointed out: "The establishment of the third R&D center in Huadu District, Guangzhou will enable us to improve the efficiency of communication with customers in South China, faster, To better respond and meet their needs, lay a solid foundation for more cooperation in the future
.
On the day of the event, the leaders of Guangzhou Municipal Government and Huadu District, members of the board of directors of ZF Group, Holger Klein, President of Asia Pacific and India, and Wang Runyi, President of ZF China and Senior Vice President of Asia Pacific Operations, and other important guests attended the event.
and witnessed the signing ceremony
.
China business is a key part of ZF Group's development strategy
Chinese business is a key part of ZF Group's development strategy Chinese business is a key part of ZF Group's development strategy Chinese business is a key part of ZF Group's development strategy ZF entered the Chinese market in 1981, witnessed the rapid development of China's economy and society, and from sales to China, went through the stage of "Made in China" and "Designed in China", and stepped onto the stage of "Leading in China"
.
At present, China business is a key part of ZF Group's development strategy; not only all business divisions and business units are deployed in China, but also has an Asia Pacific headquarters, 2 technical centers, and nearly 40 manufacturing plants in China
.
In 2018, the group's global sales reached 36.
9 billion euros (about 290 billion yuan), of which about 21% came from China and the Asia-Pacific region, or about 8 billion euros, about 61.
6 billion yuan
.