The project is a direct engine for promoting development. It is irreplaceable that those projects with great projects have played a leading role in supporting the leapfrogging development of the economy and society. The 13 millionth steering gear of Shanghai ZF Steering System (Yantai) Co., Ltd. was off the assembly line on December 11, 2012, and the company's development history ushered in a new milestone.
It is understood that Shanghai ZF Steering System (Yantai) Co., Ltd. is a high-precision enterprise built by three world top 500 cooperative investment companies. The company started construction in Fushan District in September 2010, completed and put into production in 2011, and realized within one year. The introduction, start-up, construction, commissioning and effective results have created an exciting ZF speed. In 2014, after the company was completed and put into production, the annual output value of 4 billion yuan, profits and taxes of 1 billion yuan, will become the largest domestic and world-class automotive electric steering system production base.
At the company’s celebration ceremony, Fushan District stated that in the future more effective measures will be taken to provide more thoughtful services and continue to create a better environment for the development of the real economy.
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