ZF (China) Investment Co., Ltd. invested by Germany ZF Group, one of the world's top 500 companies, was officially put into operation recently. It is reported that this is also the first foreign-invested company in Shanghai's Songjiang District, and will also be the regional headquarters of ZF Group's nearly 30 subsidiaries in the Asia-Pacific region.
It is reported that ZF (China) Investment Co., Ltd. has a total investment of 130 million U.S. dollars and covers an area of ​​45 acres. At present, the first-phase project completed has invested 150 million yuan in total. The ZF Group has two subsidiaries in Jiading, Qingpu, Minhang, and Fengxian, and one each in Suzhou, Jiangsu and Hangzhou, Zhejiang. The A5 Jiajin Expressway happens to link these subsidiaries into a string, while Jiuting Town is located in Centered position. “When we decided to invest in the site two years ago, we would have taken advantage of Jiuting’s regional advantages at a glance, and it was easy for us to set up a regional headquarters.†Ye Guohong, president of the company, said in an interview.
As a regional headquarters, ZF (China) Investment Co., Ltd. has three central functions of investment and financing, R&D and sales services, and manages 20 domestic subsidiaries.
And other nearly 10 subsidiaries in the Asia Pacific region. Among them, the company's R & D business, similar to ZF's other five major R & D centers, will achieve the localization of technology development, and provide services to the world. At present, technologies such as electric power steering are in the world's leading position.
According to another report, the company currently has the first batch of more than 80 people entering the Jiuting office. The first phase will have 300 employees, of whom 80%-90% will be engineering R&D personnel and 10%-15% will be greatly improved. Pavilion's local talent structure.
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