On November 23 2018, at Volvo Car's 2018 Supplier Convention held in Sanya,Hainan, VAST China was awarded the Excellent Supplier Award, the highest honorof the event. Mr. Yuan Xiaolin, the Global Senior Vice President &President of Asia Pacific of Volvo, presented the award to Mr. William Zhang, the Operation CEO of VAST China.

“Volvo is a global strategic customer of VAST Group, VAST will provide Volvo with excellent quality products and servicebuilt upon a customer oriented, win-win philosophy and continuous improvement”, said Mr. William Zhang, during the award ceremony. Among over 300 suppliersparticipated in the conference, only three component manufacturers won thishonor, which fully demonstrates Volvo's recognition of the product quality,technical strength and excellent service provided by VAST China.