Fast forward to 2021: Today, ZF has around 40 locations in China with approximately 12,500 employees, generating sales of 6.4 billion euros in 2020 – almost 20 percent of the company’s global business. At Auto Shanghai 2021, ZF presented the next generation of its ZF ProAI supercomputer for the first time to the public. “In 40 years, ZF has gone through the journey from ‘Sold in China’, ‘Made in China’, ‘Designed in China’ to the point that one ZF Board Member leads the business out of China. With the dedication of our team members, the strengths of ZF’s global development network and trust by our customers and partners, we have been an active part of the Chinese automotive industry and social fabrics,” said Ms. Renee Wang, ZF China President and SVP Operations, Asia-Pacific.
“At ZF, we are determined to carry on our long-term commitment as we continue to invest in China and grow with the local society," said Shanghai-based ZF Board Member Dr. Holger Klein, whose responsibilities include leading the Asia-Pacific region. His appointment to the Board of Management in 2019 was also a milestone. For the first time in ZF's history, a Member of the Board of Management manages the business from China.