Autoliv Shanghai Vehicle Safety System Technical Center Co.,Ltd.

Autoliv is a Fortune 500 company. We are the global technology and market leader in vehicle safety. We operate 80 companies in 28 countries, with 42,000 employees. Autoliv spend 8% of sales on research, development & engineering, and continues to lead in the safety restraint technology. We are the market leader, develop and supply safety system and products to all car companies around the world, including all major Chinese brands such as Chery, Geely, Brilliance, and many others.Autoliv started our first operation in China back in 1989. Our growth in China has been fast and exciting. Back in 1999, our annual sales was only 9 MUSD with 150 employees. Today we have 11 companies in China, a total workforce of 3,000 people, and annual sales of 400 MUSD. Over the last 2 years, we have launched 6 new factories in China. To strengthen our position in China, we are building a world class technical center in Shanghai. These speak of Autoliv confidence and long term commitment to China. Looking into the future, we believe that our annual sales will soon reach 1 billion USD. With the world class technical center operational by end 2008, we believe our Chinese employees and engineers will play an increasing role in Autoliv global engineering & development for safety restraint technology.