11 On the 24th of the month, Shanghai Yongqian was invited to attend the 2016 Volvo Automotive Supplier Conference and was awarded the Volvo Quality Excellence Award " VQE" . The Volvo Quality Excellence Award " VQE"  is the highest honor awarded by Volvo Cars to its suppliers in the field of quality, and is a goal pursued by global Volvo car parts manufacturing companies.

Winning the VQE award means that this supplier has achieved the highest level in quality system, on-site management, logistics transportation, and product quality. This award is selected among all VOLVO suppliers worldwide, with only 5 suppliers in the Asia Pacific region receiving this honor this year.