China: CATARC and Continental sign collaboration agreement
Issue Date: 2016-01-27

On Jan 6, 2016, the CATARC-Continental Strategic Collaboration Agreement Signing Ceremony was held in CATARC headquarters. CATARC Vice President Zhang Jianwei, CATARC Yancheng Proving Ground General Manager Li Zanfeng, directors of relevant CATARC departments, Member of the Executive Board of Continental AG and President and CEO of Continental China Dr. Ralf Cramer and other Continental staff attended the ceremony.

Continental is one of the world leading auto component suppliers with its business covering brake, powertrain, chassis system and component, instrument, IT and entertainment system, automotive electronics, tire and industrial rubber products. It strives to enhance the driving safety and global environmental protection. Continental is also the premium partner in the field of auto telematics and communication. At the moment the business collaboration between CATARC and Continental is rising fast and involves the areas as Yancheng Proving Ground, industrial standards and technology regulations, information consultation and service etc.

During the discussion, Mr. Zhang Jianwei and Dr. Ralf Cramer both introduced the profiles and development plans of their own companies and made communication on establishing close strategic collaborative partnership. Zhang Jianwei congratulated the rapid growth and rich achievements of Continental and advised that wider and deeper collaboration between CATARC and Continental be conducted based on the current excellent relationship. Dr. Cramer also fully confirmed CATARC's role in enhancing the automotive industry technology progress. He believed the two parties should form further all-round collaboration and join hands to make efforts for the promising future of the Chinese automotive industry. Later with the presence of executives from both sides, Zhang Jianwei and Ralf Cramer signed the strategic collaboration agreement.

The agreement signing signified that CATARC had built the all-round collaborative relationship with Continental, a world famous auto component supplier and further explored the market, which would promote the growth of various businesses in CATARC.