China is extremely important market for us: Continental China CEO

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China is extremely important market for us: Continental China CEO

STORY: China is extremely important market for us: Continental China CEO SHOOTING TIME: June 21, 2024 DATELINE: June 22, 2024 LENGTH: 0:02:01 LOCATION: HEFEI, China CATEGORY: ECONOMY SHOTLIST: 1. various of Continental AG 2. SOUNDBITE (Chinese): ENNO TANG, President and CEO of Continental China STORYLINE: German car parts supplier Continental AG put into operation the fourth phase of its tire plant in China's Hefei on Thursday. The plant is Continental AG's first wholly-owned tire production base in China. With the new project, the company's annual tire production capacity in China is expected to reach 18 million in 2027. SOUNDBITE (Chinese): ENNO TANG, President and CEO of Continental China "Continental has been in the Chinese market for 30 years, and it is an extremely important market for us globally. Its significance lies not only in its size but also in its technological leadership. Through 30 years of development, Chinese automobiles, especially in terms of electrification and intelligent systems,

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