On November 20, 2013, Schaeffler Group, a parts supplier, announced that it plans to integrate its operations structure in the Asia Pacific region and separate China, India and other Asian markets, thereby highlighting the importance of business in China and Southeast Asia. As one of Schaeffler Group's fastest-growing regions, the Chinese market contributed nearly 1.1 billion euros to the company's sales last year, accounting for 43% of the entire Asia-Pacific region. In order to reflect the strategic importance of the Chinese market, the Schaeffler Group will list the Chinese market as an independent business area, with Zhang Yilin, currently head of the Group’s automotive business in China, as the regional CEO. In addition, Schaeffler will integrate South Korea, Japan, Australia and South East Asian countries into the new Asia-Pacific region, with 43-year-old Andreas Schick as the CEO of the region. His current position is head of the Schaeffler Transmission Equipment Business Unit. . India is the third largest market in the Asia-Pacific region after Schaeffler Group follows China and South Korea, and contributes about 300 million euros in sales each year. Schaeffler will integrate the Indian market into a new regional market - Europe, Middle East, Africa and India (EMEA). The group's business in India will continue to be led by Dharmesh Arora. The CEO of Schaeffler Group Klaus Rosenfeld stated: "The decision to divide China and South Korea, Japan, and South East Asia into two separate regional markets shows that the Schaeffler Group has made tremendous progress in these countries over the past few years, enabling us to These important growth areas put more effort into them." In the first three quarters of this year, Schaeffler Group's global sales reached 8.425 billion euros, of which the Asia-Pacific region's market contributed 23% of its sales. The group expects this proportion to increase further to 25% by 2015. Honda Civic Accessory,Honda Civic Accessories,Honda Civic Spare Parts,Honda Civic Interior Accessories Danyang Weisheng Automotive Technology Co., Ltd , https://www.dywizsinparts.com