On April 18th, Chongqing Millison Technologies Inc.and ZF Friedrichshafen AG  signed a strategic cooperation agreement in the Millison Modern Industrial Park. Yu  Yajun,Chairman of Millison and Wolfgang Allinger,ZF Global Procurement Vice  President, and relevant business leaders from both sides attended the signing  ceremony.

ZF is a global technology group that provides system solutions for passenger cars,  commercial vehicles, and industrial technology; Millison is mainly engaged in the  research and development, production, and sales of aluminum alloy precision die-casting parts in the communication and automotive fields, and can provide customers with onestop solutions for the entire process. Both parties, as advantageous  enterprises in their respective technological fields, not only share the same target  customer group in the current wave of automotive industry transformation, but also  can achieve complementary advantages in resources.

According to the agreement, both parties will deepen cooperation in areas such as  technology research and development, process improvement, production and  manufacturing, mold equipment, cost reduction and efficiency improvement, energy  conservation and environmental protection, maintain sufficient information  communication and resource sharing, strengthen mutual visits and exchanges, jointly  improve the cooperation promotion mechanism, and lay a solid foundation for future  long-term strategic cooperation.

The strong cooperation between the two companies will help improve overall  supply chain efficiency, reduce costs, and provide higher quality products and services to end customers. Both parties will take this as a new starting point, cooperate  sincerely, and move forward hand in hand to assist in the high-quality development of the global automotive industry.