Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229- 91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu.  
  EUROPEAN COMMISSION  
Brussels, 21.09.2020  
C(2020)  6571 final  
PUBLIC VERSION 
To the notifying parties  
Subject : Case M.9900 – ZF CHINA / WOLONG / WOLONG ZF AUTOMOTIVE 
ELECTRIC MOTORS  JV 
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No  139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 28 August  2020, the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which the 
undertakings ZF China Investment Co., Ltd. ("ZF China", People’s Republic of 
China), a subsidiary of ZF Friedrichshafen AG ("ZF", Germa ny, together with its 
affiliates "ZF Group") and Wolong Electric Group Co., Ltd. ("Wolong", People’s 
Republic of China), a subsidiary of Wolong Holding Group Co., Ltd. ("Wolong 
Holding", together with its affiliates "Wolong Group")  acquire within the meani ng of 
Article 3(1)(b) and 3(4)  of the Merger Regulation joint control over the whole of the 
undertaking Wolong ZF Automotive Electric Motors Co., Ltd., ("Wolong ZF 
Automotive Electric Motors", People’s Republic of China), a newly created company  
by way of purchase of shares .3 
2. The business activities of the undertakings concerned are:  
− for ZF : ZF is a global supplier of products for passenger vehicles, commercial 
vehicles, and industrial technology. Products include in particular gearboxes, 
steering, axles, clutches, dampers, chassis components and systems, active and 
passive safety technology for automotive applications and other associated 
components, 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union’  and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Publication in the Official Journal of the European Union No C 298, 8.9.2020, p. 6. 

2 − for Wolong : Wolong is a motor and drive manufacturer. The products of Wolong, 
inter alia, include various (electric) motors and controlling systems, photovoltaic 
power stations, UPS batteries and construction machinery,  
Wolong ZF Automotive Electric Motors  will be active in  the development, design, 
manufacturie and sale of electric motors and related services thereto for automotive 
markets worldwide.  
3. After examination of the notification, the European Commission has concluded that 
the notified operation fal ls within the scope of the Merger  Regulation and of 
paragraph 5(a) of the Commission Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No  139/2004.4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation  and Ar ticle 57 of 
the EEA Agreement . 
For the Commission 
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5.