About ZF

2024-02-04 00:00
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ZF Friedrichshafen AG, headquartered in Friedrichshafen, Germany, was founded in 1915 and is a Fortune 500 company. It is a partner and spare parts supplier to the global automotive industry, specializing in transmission, steering, chassis systems and other automotive parts. ZF Group is a world leader in automotive powertrain and chassis technology. As a global technology group, ZF provides system solutions for passenger cars, commercial vehicles and industrial technology. It has 165,000 employees worldwide, sales of 43.8 billion euros in 2022, and 168 production sites in 32 countries. Since entering China in 1981, ZF has achieved steady and substantial development in China. Currently, ZF Group has its Asia-Pacific headquarters in Shanghai and two R&D centers. ZF has 4 R&D centers, nearly 40 manufacturing plants, 3 after-sales companies, and nearly 240 after-sales service outlets in about 24 major Chinese cities, including Shanghai, Beijing, Tianjin, Chongqing, Hangzhou, Suzhou, Nanjing, Changchun, Shenyang, Chengdu, Xi'an, and Wuhan, and has introduced all of ZF's global advanced technologies to China. In 2022, ZF achieved sales of 7.7 billion euros in China. ZF Automotive Technology (Shanghai) Co., Ltd. is located in Shanghai Anting Industrial Park. It is a wholly-owned subsidiary invested and built by ZF Group and was established in August 2011.