Haldex supplies anti-lock braking system to leading Chinese Bus Manufacturers

Haldex supplies anti-lock braking system to leading Chinese Bus
Manufacturers

Two of the leading Chinese Bus manufactures Suzhou Kinglong and Golden
Dragon have chosen Haldex as the supplier of ABS (Anti-lock Braking
System), TK+.

Two of the leading Chinese Bus manufactures, Suzhou Kinglong and Golden
Dragon, have chosen Haldex as the supplier of Anti-lock Braking System,
TK+. Serial supply to both customers has already started.

The Haldex TK+ is a cost effective and expandable system for ABS or
ABS/ASR on trucks and busses, using the latest communication standards
for both engine control and diagnostics and combining proven pneumatic
technology with the latest in electronic circuit design.

“We are very pleased that major OEMs in China have chosen Haldex as
their supplier. This strengthens our position of brake control systems
for truck and bus market in China, which is in line with Haldex
previously communicated strategic focusing on growth in emerging
market”, said Aichang Li, Senior Vice President, Head of China.

“We aim to take full advantage of the expected market growth in the
commercial vehicle industry in China and leverage Haldex established
position which we intend to strengthen even further through our own
local production,” says Jay C. Longbottom, President and CEO, Haldex AB.
“The adaptation of higher quality technology will continue to drive
Haldex expansion in China. Contracts like these are central to our
growth strategy.”

Haldex in China has production located in Suzhou, a broad sales network
and the head office situated in Shanghai.

For further information, please contact:
Andreas Richter, Vice President Corporate Communications, +46 (0) 706 82
37 79
Kristina Brink, Corporate Communications Manager, +46 (0) 705 90 91 40