On Jan 20th, the 10th of Kostal Asia Key Suppliers Award was held in Shanghai Anting Newtown by Kostal Shanghai Management Co Ltd. and LRC won the Best Collaboration Support Award in the conference, which is the first time to be recognized by Automotive customer for LRC and proves the acknowledgement and praise from international customers after years’ of developing in the automotive field.

Kostal Shanghai was established in 1995 and it is a Sino-German joint venture. It focuses on providing electrical system, connector and examining equipment solutions for autos and its core customers include Mercedes-Benz, BMW, Volkswagen and GE. According to the vision of Kostal, Kostal Shanghai is going to become the R&D and manufacturing base and purchasing center in Asia for Kostal Group.

From the first contact in 2009 and first shipment in 2011, the cooperation between LRC and Kostal has gradually become more and more closer. Through deep cooperation and communication, Kostal has known more about LRC, regarding LRC as a reliable supplier and giving more new business opportunities to LRC, which makes more space for the future business growth. Although the automotive customer has a very high level of requirement for quality, the high level of supplier loyalty will contribute enormously to the growth of the business in future. With the faith of innovation, collaboration, understanding and mutual benefits, LRC is going to make win-win business by proactively collaborating with the customers.