ZF TRW Group (China)

Company Profile

■URL

http://www.trwauto.com

■Address

6F, Bldg., Building 62, No.421, Hongcao Road, Shanghai 200223, China

Business Overview

-The TRW Group, which focuses on active and passive safety systems, recently placed particular emphasis on manufacturing electronics safety system products in China through TRW Automotive Components (Shanghai) Co., Ltd. (TACS), which is its wholly owned subsidiary. The facility manufactures antilock brake systems (ABSs), electronic stability control (ESC) systems, electric power steering systems (EPSs), airbag ECUs, side impact sensors and other products.

-Since it launched operations in the Chinese market in 1994, TRW has been supplying its products mainly to FAW-VW and Shanghai GM. In 2005 and after, the Company formed alliances with Changan Automobile, Beijing Benz, Chery Automobile and SAIC Motor to expand its business with car OEMs.

-TRW System Consulting Services Shanghai Co., Ltd. was established in Shanghai in 2004 to oversee the Group's operations in the Asia Pacific region.

-In September 2014, TRW announced it has entered into a definitive agreement with ZF Friedrichshafen AG (ZF) under which ZF will acquire all outstanding shares of the Company. The transaction is expected to close in the first half of 2015. The Company will be a separate business unit of ZF.

-In May 2015, the Company completed the acquisition of U.S.-based TRW for approximately USD 12,400 million. The integration of TRW into ZF Group made TRW as Active & Passive Safety Techonology Division of ZF Friedrichshafen AG.

Products

<Active safety systems>
Brake systems
- Brakes
- Brake drums
- Brake discs
- Brake calipers
- Brake boosters
- Brake master cylinders
- Parking brakes
- Electronic parking brakes (EPBs)
- Wheel hubs

Vehicle Dynamic Control Systems
- Anti brake systems (ABSs)
- ABS sensors
- Actuators
- Electronic stability controls (ESCs)
- Electronic stability control-regeneratives (ESC-Rs)
- Lane-departure warning sensors
- Semi active roll controls (SARCs)

Steering systems
- Steering systems 
- Steering for medium- and heavy-duty commercial vehicles
- Electronic power steering systems (EPSs)
- Electronic power hydraulic steerings (EPHSs)
- Steering gears
- Rack & pinions
- Steering knuckles
- Steering parts

Linkage and suspension systems
- Suspension struts
- Suspension parts

<Passive safety systems>
Airbag systems
- Airbag modules
- Driver airbag modules
- Curtain shield airbags

Steering wheel systems

Seat belt systems

- Seat belts
- Seat belt retractors
- Seat belt buckles
- Seat belt adjusters

Electronics safety systems
- ECUs
- Airbag ECUs
- Sensors
- Side impact sensors

<Other products>
- Fasteners
- Plastic moldings
- Machining products

History

June 1994 TRW established Lucas Varity Langzhong Brake Co., Ltd.(LVLB) in Langfang City, Hebei Province, providing 70 percent of the capital.
Oct. 1995 TRW and Fawer Automotive Parts Co., Ltd. jointly established FAW-Kelsey Hayes Automobile Chassis Systems Co., Ltd. in Changchun City, Jilin Province, with TRW providing 60 percent of the capital. 
March 1996 TRW established TRW (Suzhou) Automotive Electronics Co., Ltd. in Suzhou City, Jiangsu Province. The joint venture is owned 75 percent by TRW.
July 1997 TRW and SAIC established a 50-50 joint venture, Shanghai TRW Automotive Safety Systems Co., Ltd. (STASS), in Shanghai.
Jan. 1998 TRW established TRW (Ningbo) Components & Fastening Systems Co., Ltd. as a joint venture company in Ningbo City, Zhejiang Province.
Oct. 2002 TRW established TRW Automotive Components (Shanghai) Co., Ltd. (TACS) in Shanghai, providing 100 percent of the capital. 
Feb. 2004 TRW expanded its scope of business at FAW-Kelsey Hayes Automobile Chassis Systems Co., Ltd. and adopted a new name for the joint-venture company: TRW FAWER Automobile Safety Systems (Changchun) Co., Ltd.
April 2004 TRW and Fawer Automotive Parts Co., Ltd. jointly established TRW FAWER Commercial Vehicle Steering (Changchun) Co., Ltd. (TFCVS) in Changchun City, Jilin Province, with TRW providing 50 percent of the capital.  
Aug. 2004 TRW System Consulting Services Shanghai Co., Ltd. was established as the Asia Pacific headquarters of TRW.
July 2004 TRW established TRW Automotive Research & Development (Shanghai) Co., Ltd. to integrate the Group's R&D activities in the Asia Pacific region.  
June 2005 TRW and China South Industries Group jointly established CSG TRW Chassis Systems Co. Ltd. (CTCS), with TRW providing 50 percent of the capital.
Feb. 2006 The Company started constructing a testing center to prove winter road driving in Heihe, Heilongjiang Province. The facility is the first of its kind in China.
Nov. 2006 The Company established a wholly-owned subsidiary, TRW Automotive Components (Langfang) Co., Ltd., in Langfang City, Hebei Province.
Nov. 2006 TRW FAWER Automobile Safety Systems (Changchun) Co., Ltd. established a new plant in Beijing to supply chassis modules to Beijing Benz.
Dec. 2007 The Company established a wholly owned subsidiary, TRW Automotive Components (Suzhou) Co., Ltd.; in Suzhou City, Jiangsu Province.
Mar. 2010 The Company established a joint venture, TRW Dong Fang (Xi'an) Safety Airbag Inflator Co., Ltd., with China's Xi'an Dong Fang Group Co., Ltd to set up an airbag inflator and seat belt pretensioner manufacturing facility in Xi'an, Shaanxi Province.
2013 TRW's second Global Technical Center opened in Anting, Shanghai. The center covers an area of 32000 square meters,
being one of the largest in scale among its worldwide facilities.
Sep. 2014 TRW announced it entered into a definitive agreement with ZF Friedrichshafen AG (ZF) under which ZF woul acquire all outstanding shares of TRW. The transaction is expected to close in the first half of 2015. TRW will be a separate business unit of ZF.
Feb. 2015 TRW divested engine valve business to Federal-Mogul's Powertrain division for USD 385 million.
Feb. 2015 ZF TRW announced that its two new plants, one for brake systems and the other for occupant safety systems, in Zhangjiagang, Jiangsu began operating.
Sep. 2016 ZF TRW Automotive Holdings Corp. signed a memorandum of understanding with the Wuhan Economic & Technological Development Zone (Hannan) on its additional investment project in Wuhan.

Supplemental Information 1