Although sales of ZF (ZF) in the world in the first eight months of this year decreased by one-third compared with the same period of last year, it maintained growth in the Asian market.
The company moved into a new office center in Shanghai last week. The new center occupies an area of ​​11,000 square meters and costs 150 million yuan. Currently, it can accommodate 300 employees.
ZF Shanghai Center is located in Shanghai Songjiang Hi-Tech Park, with ZF China Holding Company, ZF China Investment Company and ZF Engineering Center.
ZF (China) spokesman Keren Jiang said, "In the first phase, the engineering facilities will have a full range of gasoline and diesel transmission test benches, and will also have a test bench for the electric power steering system. In addition, the equipped temperature box will be used for simulation. Extreme temperature conditions."
In addition, the ZF center also has a customer prototype cabin equipped with ZF's new generation of electric steering gears, multi-servo hydraulic functions and chassis part testing equipment. The center also has a full-size physics and chemistry laboratory and a full-featured software laboratory.
ZF said in its press release that the company has added 50 new jobs in Asia this year, but has cut 800 jobs in North America. ZF expects sales for the full year will fall by a quarter to 9.2 billion euros (93 billion yuan).
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