Year

Event

1992

Shangsheng Electrics established for the manufacture of loudspeaker systems for automobiles

1995

Loudspeaker systems for the Shanghai Volkswagen (“SVW”) Santana automobile model was selected by Science and Technology Commission of Jiangsu Province be one of the Torch and Sparkle Projects of the Jiangsu Province

1996

Research and development alliance with Nanjing University, a newly developed springs used in automobiles was successfully made

1997

Sonavox produced its own parts for loudspeaker systems parts

 

Sonavox was awarded as Reliable Enterprise by Suzhou Import and Export Commodity Inspection Bureau.

1998

Joint design and develop two audition rooms with Nanjing University

 

Adopted Computer Aided Design (“CAD”) to carry out the design for loudspeaker systems

1999

Sonavox was awarded ISO9002 and QS9000 certifications by Shanghai Audit Centre of Quality System

 

Loudspeaker systems for the Shanghai General Motors (“SGM”) Buick automobile model was selected by Science and Technology Commission of Jiangsu Province be one of the Torch Projects of the Jiangsu Province

 

Computer Integrated Manufacturing Systems (“CIMS”) for the manufacture of loudspeaker systems for automobiles was jointly developed by Sonavox, Nanjing Aerospace University and Computer and Technology Research Centre of the Jiangsu Province

2000

Successfully applied CAD and CIMS techniques to develop quality loudspeaker systems for the SGM Buick automobile model

 

Awarded by SGM as one of its excellent suppliers in Mainland China and became member of the Shanghai General Motors Joint Developing Center

 

Sonavox Acoustics established for the manufacture of loudspeaker systems for home theatres and audio equipment

2001

Awarded VDA6, Part 1 certification by Tü](jV Management Service GmbH in recognition of the product compliance with the German automobiles production quality standard

2002

Sonavox was selected by the Suzhou City People’s Government as one of the 100 enterprises for the award of Contract Emphasising and Promise Honouring Enterprises for 2000 – 2001

 

Listed on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited

2003

Successfully developed loudspeaker systems for the U.S. Ford Motors, SVW Passat automobile model and Yamaha

 

A service centre was established in Italy to provide after-sales services and just-in-time goods deliveries to Fiat Company in Italy

 

Awarded ISO14001 and ISO/TS16949 quality certifications by Shanghai Audit Centre of Quality System

2004

Successfully developed loudspeaker systems for Daihatsu in Japan

 

Suzhou Shangsheng Technology Co., Ltd. and Suzhou Hesheng Industries Co., Ltd. established for further expansion of loudspeaker systems business

2005

Detroit Sonavox Inc. established for the purpose of providing sales support and engineering services in the U.S. markets

 

Sonavox was awarded Ford Q1 Preferred Quality Status (the “Ford Q1”) by Ford Motor Company, became the first Chinese automobiles loudspeakers provider to achieve the Ford Q1

 

Sonavox was awarded ISO/TS 16949: 2002 by Tü](jV Management Service GmbH in recognition of its application of quality management system for design, production and sales of loudspeaker systems

 

The development of the loudspeaker systems for the Passat automobile model was selected by Ministry of Science and Technology of the People’s Republic of China as the China Torch Program. As a result, the local government granted an interest subsidy to the Group

2006

Sonavox acquired entire issued share capital of Indigo Manufacturing Inc. (Currently known as Sonavox Canada Inc.), a company incorporated in Ontario, Canada, at a consideration of CAD5.3 million

 

Suzhou Shangsheng Technology Co., Ltd. and Suzhou Hesheng Industries Co., Ltd. commenced operation in Suzhou. Three more improved automated assembly lines were built in order to increase efficiency by more than 35% and increase total output to more than 30,000,000 units per year. Machinery and equipment for ABS injection components, voice coils, cones, electroplating were acquired and upgraded. In-house laboratory capability and in-house environmental test capability for manufacture of cones and electroplating was further upgraded and fully tested

 

A new division for automobile electronics products, such as amplifiers and crossover, were established

 

First docking systems with BASH for iPod and MP3 products were developed

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