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Our company has a well-established operational history of over 20 years. According to Frost&Sullivan's report, in 2016, our group was a leading provider in the passenger car interior modification industry in Singapore, accounting for approximately 16.3% of the market share (in terms of sales revenue). According to Frost&Sullivan's report, in 2016, we ranked first in the leather interior and electronic parts division of passenger cars in Singapore based on sales revenue.
During the record period of 2015 and 2016, our clients were mainly authorized passenger car distributors and dealers in Singapore, who typically have strict quality requirements for leather interior and electronic parts of passenger cars. According to Frost&Sullivan's report, we had 34 passenger car distributors and dealers in Singapore in 2016, with 11 of them being our customers during the record period of 2015 and 2016. We believe that our long-term and reliable business relationship with these customers is a clear proof of the efficiency and quality of our passenger car leather interior and electronic accessories.
We have always been committed to following market trends and adjusting our business strategy to meet necessary market demands. We believe that our comprehensive product range and installation quality will help enhance the reputation of the group, while also enhancing our ability to maintain market position and overall competitiveness.
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Our numerous customers maintain long-term business relationships, including several major authorized passenger car distributors and dealers in Singapore. We have a dedicated sales and marketing team, and our customers maintain close contact. During the record period of 2015 and 2016, we have provided services to our top five clients for between ten to 22 years.
For many years, we believe that our group has committed to providing customers with high-quality leather lining and electronic accessory products and reliable services, making our customer connections more stable. Our clients establish long-term and stable relationships, allowing us to accurately grasp and flexibly respond to their needs and needs. We believe that our group has established strategic partnerships with our customers, especially the main authorized passenger car distributors and dealers in Singapore. We believe that our existing customer relationships, as well as our professional knowledge, experience, and reputation in the passenger car industry, are beneficial factors in maintaining our customer relationships.
We have also established long-term business relationships with suppliers in our passenger car leather interior business and electronic parts business. Most of our suppliers have a cooperation period between three to 16 years, and we believe that our suppliers have formed a good understanding of our business, which can better meet our needs and regulations. We are the exclusive distributor of electronic accessories for digital suppliers in Singapore. We have also entered into brand cooperation arrangements with our suppliers, whereby our Eurostyle trademark and other brands are printed on the products together.
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Our group is committed to providing high-quality products and services, adopting strict quality control from supplier selection to procurement and installation to ensure that our products and services meet customer requirements. Our emphasis on product quality helps maintain customer trust and loyalty. We have carefully selected suppliers to establish stable relationships, which helps ensure that we obtain high-quality raw materials that meet our requirements.
We also implement strict quality control, and our senior technicians or supervisors in the leather interior and electronic parts business supervise quality in daily operations. Our supplier's ability to establish long-term relationships and maintain high-level quality control measures throughout the procurement to delivery process is a possible part of our business.
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Our senior management team is led by founders Mr. Xiao Yaoquan and Ms. Li, both of whom have approximately 30 years of experience in the passenger car interior modification industry and are involved in strategic planning and daily business management. Under their leadership and management, our group has developed into a leading service provider in the Singapore passenger car interior modification market. We believe that the rich experience and profound knowledge of the senior management team in the passenger car industry can enable the group to timely and effectively understand market trends and customer needs.
The senior management team is supported by a team of well-trained technical personnel who have worked for the group for an average of over eight years. More than one-third of employees have worked for the Group for over ten years. We are well aware that skilled and highly motivated employees are the key to maintaining the success of our business. Our employees receive vocational training to continuously enhance their skills, knowledge, and keep them informed of the latest development trends in the industry. We believe that the continuous development of our employees provides a solid foundation for the continued success of our business.
We believe that an experienced and diligent management team, combined with well-trained technical personnel, will enable the group to continue to seize market opportunities and contribute to the sustainable development of the group in the future.
