SVW was awarded the title of "2007 Shanghai Enterprises Quality First Award," in the recently released 2007 Shanghai Enterprises Quality First Awards, organized by the Shanghai Quality and Technical Supervision Organization.

　　The "Shanghai Enterprises Quality First Award" evaluation first began in 2001 and is jointly launched by the Shanghai Municipal Development and Reform Commission, the Shanghai Municipal Economic Commission and the Shanghai Municipal Bureau of Quality and Technical Supervision. Following the principle of "scientific, fair and open," the award evaluates enterprises in terms of operation strategy, market research, product development, resource management, process management and the quality control abilities of the whole after-sales service process.

　　The award also evaluates the integrated performance of the enterprise in terms of its ability at innovation, operational capacity, adaptability and development potential. It is the most authoritative and comprehensive award of its kind in Shanghai. This award follows a number of significant awards that SVW has achieved in the quality management field, including "the National Quality Management Award" in 2001 and the "Shanghai Quality First Award Enterprises" in 2004.

　　Another significant award that SVW won this year was the "Best Employer of Foreign-Funded Enterprises Award" in the 2007 "Most Suitable Company to Work for in China" evaluation. This award was based on the company's outstanding human resources management and the high employee commitment.
SVW also won the "Annual Enterprise Award" in the "2007 Sixth Auto Oscar." All of these awards are a testament to SVW's timely market-oriented technical innovation, as well as the company's outstanding quality management achievements.