September 1915, "Zahnradfabrik GmbH" (that is, ZF AG's predecessor, meaning "gear factory", referred to as the "ZF") completed the first commercial registration. After a hundred years of development, ZF and its 7,160 employees worldwide will celebrate the company’s 100th birthday in 2015. All employees from 122 regions around the world will participate in the 100th anniversary celebration. The employees will also take this opportunity to deepen the consensus on the company's development vision. The group is optimistic about the future development prospects. ZF will also complete the largest merger and acquisition transaction in its history - the acquisition of TRW, which will rank among the top three in the global auto supplier industry, thus further optimizing its product technology portfolio and expanding Global market share to better serve the global trend of development.

ZF celebrates 100th anniversary of the company

Major historical opportunities

Looking back over a century of development, despite the ups and downs, ZF has evolved from a supplier focused on aeronautical technology to a globally active technology company. 100 years ago, "Zahnradfabrik" was established on the banks of Lake Constance, based on the headquarters of its equity partner, Luftschiffbau Zeppelin GmbH: The main task of the new company is to develop, test and produce "aircraft, cars and motorboats". Gears and transmissions." Just a few years later, ZF’s leading technology was favored by car manufacturers and developed into a pivotal supplier for emerging German industries. ZF has optimized its product portfolio through technology reserves and technology licensing: In 1930, it added the steering system business for automotive and commercial vehicles and the agricultural tractor driven components business. By 1945, the number of employees increased to 2,800.

In 1946, ZF began to engage in the research and development of agricultural tractors and commercial vehicle transmissions for civil products. With innovative technical advantages, the company has entered a new market segment, such as the first mass-produced multi-speed passenger car transmission in 1965, which also contributed to ZF's establishment of technology in this market area after 50 years. The status of the leader. At the same time, ZF established an early production base in Brazil in 1958 and began to further expand its international influence. Soon afterwards, ZF set up production bases in the United States and China in 1979 and 1993, respectively, and embarked on the exploration of local production. In addition, ZF has continued to seek development opportunities through expansion and corporate mergers and acquisitions: For example, in 1984, the company acquired the Lemförder Group to enter the global market for chassis components and actively expand its use. Vehicle and commercial vehicle chassis systems business. In 2001, the transmission and chassis components business of passenger cars and commercial vehicles inherited the technical advantages of the former Mannesmann Sachs AG: the net output ratio continued to increase, and more innovative products entered the market. Today, more and more innovative products and technologies are closely linked to the name “ZF”, such as the CDC (Variable Variable Damping Control Damper) and hybrid technology.

Today's ZF portfolio includes transmission and chassis technology products such as transmissions, transmissions and chassis components, as well as complete axle systems and modules. ZF's technology is widely used in passenger cars, commercial vehicles, construction and agricultural machinery, railway vehicles and marine applications. In addition, he is also focused on the development of the wind energy and electronic components business.

The sustainable development of professional technology

The ZF Group not only has an eye-catching development history and a proud innovation culture, it also upholds the principles and pursuit of sustainable development. With its current products, ZF has made preparations for the future development trend: from improving fuel efficiency and reducing carbon dioxide emissions, to lightweight, electrified and networked design, to autopilot technology. Research and development. In this process, the Group enjoys a high level of international technology, and 122 production-oriented enterprises are located in every corner of the world's four continents. ZF's production technology is serving the global trend of development, such as plug-in hybrid passenger car transmissions. In addition, ZF has presented the world with professional technical research and cutting-edge concepts in the past few years, such as the concept trucks displayed at the recent 2014 International Auto Show. The truck is a 25-metre-long truck trailer combination. With ZF's networked manoeuvring assist technology, remote control can be easily implemented outside the cab using a tablet PC.

At present, ZF's acquisition of U.S. automotive supplier TRW is ongoing. Most of TRW's shareholders have already passed the ZF M&A offer. On the occasion of the 100th anniversary of ZF, the strong alliance between the two groups will create the world’s third largest automotive supplier, with sales exceeding 30 billion euros (41 billion US dollars). The total number of employees of the new group is approximately 138,000 people. The combination of the two groups will provide a more comprehensive and complementary product technology portfolio in the areas of drivetrain and chassis technology, safety and electronic systems. In the most important automotive markets - Western Europe, the United States and the Asia-Pacific region - the Group will achieve a regionally balanced and customer-oriented product optimisation portfolio in quantitative and high-end market segments.

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