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Chinese motor manufacturer receives RMB2.26 bln order from ZF Friedrichshafen

June 11, 2019


Abstract : Wolong Electric Group Co., Ltd. (600580.SH), a leading motor and drive manufacturer in China announced on Monday that it had signed a contract with German automotive supplier ZF Friedrichshafen AG (ZF) worth about 2.259 billion yuan.

BEIJING, June 12 (Xinhua) -- Wolong Electric Group Co., Ltd. (600580.SH), a leading motor and drive manufacturer in China announced on Monday that it had signed a contract with German automotive supplier ZF Friedrichshafen AG (ZF) worth about 2.259 billion yuan.

According to the contract, Wolong Electric Group Co., Ltd. will provide ZF with motors and related components for new energy vehicles.

Wolong Electric Group Co., Ltd. said that the move will help the company to build business ties with world-renowned car makers or their suppliers, posing positive effects on the company's future development.

After more than two years' technical exchanges and......

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