In view of the further improvement of China’s market position, ZF, one of the three largest gearbox manufacturers in the world, will consider bringing China out of the Asia Pacific region and setting up a separate China region to report directly to headquarters alongside Asia Pacific, North America and South America. . Not long ago, Dai Zhangjun, vice president of ZF Drives Technology Co., Ltd. disclosed to reporters that the China regional headquarters will be located in Shanghai and is expected to be established in January 2011. It is understood that ZF, which has gearboxes and transmission systems as its main business areas, currently has more than 120 production bases and 6 R&D centers in the world. Since entering China in 1984, there have been more than 20 production bases in China, and an R&D center in Shanghai, which cooperates with many auto makers such as Foton, SAIC, and Chery. Dai Zhangjun said that sales in the Chinese market currently account for more than 20% of ZF's worldwide, and the potential for future growth is huge. Based on this, it is necessary for the Chinese market to establish a separate large area, which will be separated from the Asia-Pacific region in terms of management structure and office locations. It is reported that in the future, senior management positions in China will be mainly considered from within the Asia Pacific region. In the future, the Asia Pacific region will manage the business in markets such as Australia, Southeast Asia and Japan.
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