Schaeffler Group Asian-Pacific Management Headquarters and R & D Center stationed itself in the R & D area of the Auto City in 2005. The R & D Center takes up an area of 21,000 m2 and the total investment in it comes to RMB 220 million. Its phase I projects was completed and put into operation in May, 2007. As a leading bearing manufacturer and auto parts supplier in the world, the German Schaeffler Group owns three major brands of INA、FAG and LuK. It has an employee enrollment of 63,000 and over 180 branches worldwide. In 2006 its global sales turnover was Euro 8.3 billion in total.