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Dr.Schwab Speech

05-09-2007


Manfred Schwab(L), Chairman of ZF Asia-Pacific Board addressed on the ceremony

Ladies and Gentlemen,

It is a great pleasure to be here and to celebrate together with you today another very important milestone in the development of Pubilc Transport here in Beijing.

We at ZF are proud to be your partner in the challenge to solve the growing need for environmental friendly, safe and comfortable public transportation in your metropolis.

Since 2002 most modern full low floor buses have been installed in Beijing with latest ZF-low floor axle technology. At the end of this year, more than 2500 sets of ZF low floor axle, over 7000 ZF steering gears and over 500 automatic transmissions are put into service. We are glad to see that Beijing people love the availability of most modern vehicle technology and their benefits.

Today we come together to celebrate another important step of "Beijing Pubilc Transport" and are proud to be part of this important step, the indroduction of a substantial fleet of zero emission, battery-driven buses.

As a sign of our ongoing partnership in modern low floor busesfor public transport systems we do celebrate together the donation of 50 sets of super low floor axles by ZF for the first larger fleet of battery driven buses to be put into operation soon.

We admire and congratulate "Beijing Pubilc Transport" for its courage and strategic far-sighted view and decision and we are happy to support this with the significant contribution.

Please allow me in this context to share also a few pieces of informatin of our company ZF and our engagement here in China.

ZF headquartered in Germany, is now for close to 100 years a technological worl leader in products serving the mobility of human beings and goods. Innovations in driveline and chassis technology provide increased driving dynamics, safety ,comfort and economy to all kind of vehicles, from passenger cars, buses to heavy construction machinery.

Today ZF employs 55,000 people in 120 factories around the world, generating an annual turnover of more than 120 billion RMB in 2007.

Already in 1980 ZF began to develop relationship with China. So we do have a long history and friendship with many companies here in China.

Today we do have already 20 manufacturing sites here in your great country and we do employ already more than 4000 people in China. Since 1994 we opened nearly 2 new factories in China every year to serve your fast growing automotive industry.

Today`s event is full in line with ZF strategy. ZF`s main priority is to meet its customers needs by using leading technology,quality and service.

Please accept my best wishes to "Beijing PUblic Ranssport" and the further developmetn of your fleet of vechcles which we are happy to support today with this donation.


 


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