– Global leader in automotive interiors invests and recruits further in CEE

Yanfeng Automotive Interiors (YFAI), the global leader in automotive interior solutions, celebrates the opening of its new production plant in South Bohemia.

(Photo: http://mma.prnewswire.com/media/521270/Yanfeng_Plant.jpg )

Together with high-ranking officials and industry representatives, the state-of-the-art production facilitiesin Plana nad Lužniciwere unveiled today.As a new employer in the region, the companyis looking to recruitup to 500new employeesover the next few years.

“As the market leader in global automotive interiors, we have very strong business growth now and in the future. We decided to further invest in our European locations and our manufacturing network in the Czech Republic.

We are pleased to celebrate the grand opening of our new plant in Plana nad Lužnici today,” said Johannes Roters, Chief Executive Officer for YFAI.

The new production plant in South Bohemia is established in Plana nad Lužnici – next to Tabor. With its high-tech manufacturing equipment and operational expertise, the plant will produce instrument panels and door panels for passenger cars. “With Plana nad Lužnici we have set up additional capacity to our existing production network with state-of-the-art technology in Eastern Central Europe. We will now gradually start to ramp up production and will be able to robustly start operations and mass production by early 2018,” said Jochen Heier, Vice President & General Manager Europe & South Africa for YFAI.

During today’s opening celebration and ribbon-cutting event, YFAI’s global management was joined by Czech political and public stakeholders and automotive industry representatives.

The Chinese Ambassador to the Czech Republic, and guest of honor, H.E. Mrs MA Keqing, stated in her speech, “Successful business relations depend on a variety of economic and political factors. We appreciate the stable relations between the Czech Republic and the People’s Republic of China, which allows companies to expand and grow, combining the best of both countries.”

Yanfeng Automotive Interiors is anattractive andimportant employer in the region

With production ramping up in the next months, YFAI will become one of the largest employers in the Tabor region. The company has already 170 employees on board at its new plant and will gradually increase the number of employees up to 300 by the beginning of 2018.

In the CEE region, the new plant in Plana nad Lužnici follows the extension of the company’s Technical Center in Trenčin, Slovakia, and the opening of the Automotive Business Center in Bratislava (SK) a few weeks ago. In addition to these three locations, the company has a plant in Žatec, for the manufacture of door panels, floor consoles and other automotive interior components in the Czech Republic, as well as production sites in Papa (HU) and Namestovo (SK). With these existing sites and the new plant which is being constructed in Plana nad Lužnici (CZ), the company can meet all customer requirements in the CEE region and support the company’s growth plans in Europe.

About Yanfeng Automotive Interiors:

Yanfeng Automotive Interiors (YFAI) is the global leader in automotive interiors. YFAI is redefining how people relax, work and play in their vehicle interiors today and decades from now. Headquartered in Shanghai, the company has approximately 110 manufacturing plants and technical centers in 18 countries and more than 33,000 employees globally. They design, develop and manufacture interior components for all automakers. Established in 2015, Yanfeng Automotive Interiors is a joint venture between Yanfeng, one of the largest automotive suppliers in China and Adient, the global leader in automotive seating. For more information, please visit http://www.YFAI.com.

For more information, please contact:

Yanfeng Automotive Interiors Jagenbergstrasse 1 41468 Neuss Germany Astrid Schafmeister Phone: +49-2131-609-3028 E-Mail: [email protected]

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