ZF Group

- ZF entered China in 1981, and China has become one of ZF's most important strategic markets. In 2023, the ZF Group achieved a total sales revenue of 46.6 billion euros, a year-on-year increase of 6.5%. In 2023, ZF's sales revenue in the Chinese market reached 8.1 billion euros, a year-on-year increase of 5.19%. - ZF provides mobility system solutions for passenger cars, commercial vehicles, and industrial technology. In the four key technology areas of vehicle motion control, integrated safety systems, autonomous driving, and electric drive, ZF offers comprehensive products and software solutions for existing automotive manufacturers and emerging mobility service providers. - ZF has set up its Asia-Pacific headquarters in Shanghai. It has established nearly 50 production enterprises and four R&D centers in more than 20 major cities, including Shanghai, Beijing, Tianjin, Chongqing, and Hangzhou. - ZF is composed of the following business divisions.