Nader is entitled as Outstanding Enterprise of Waigaoqiao Functional Zone by Pudong New District Government and Waigaoqiao Free Trade Zone, April 15th, 2008. Famous companies like HP, GE and BASF also receive the honor In the mean time.
President Ren attends the annual meeting and voices after government officers' speech. Ren says it is both affirmation and urge-on for Nader to be given this honor, moreover it is great support and encouragement for many Nader-alike fast growing national enterprises. Nader devotes in pursuing technology innovation and management transformation to upgrade company's key competence continuously. Up to now Nader has been honored Shanghai High-tech Enterprise, and its products have been named after " Shanghai Brand Product", "Shanghai Electrical Industry Famous and Quality Product", "Shanghai Sci-Tech Achievement Transformation Project" and "Shanghai Patent New Product" successively. By quality products and good credit, Nader wins reputation from well-known companies like GE, Emerson, Huawei both home and abroad.
After a brief introduction on Nader's development history, Ren points out clearly the company's mid/long-term objective, to reach a sales turnover of 1.3 billion, get listed, strive to be domestic leading company in mid/high end low-voltage market, compete with international brands, creat value for customers and build international brand of national industry.
The annual enterprise meeting is supposed to honor excellent companies in Waigaoqiao Free Trade Zone. WFTZ was founded in 1990 with a planned area of 100,000 square meters. It is the nation's first and the largest free trade zone in economic scale. As of the end of 2006, WFTZ possesses 9,550 projects from 87 nations and regions, including 104 of Fortune 500 companies.