Quasar Wins A Prestigious CGMA Annual Award

Nov 27, 2023 | News, Press Releases | 0 comments

Quasar Medical Wins “CGMA Excellent Practice in Management Accounting of the Year” Award


Shanghai, November 23, 2023 – Quasar Medical, a leader in medical device contract manufacturing, has secured the prestigious “CGMA Excellent  Practice in Management Accounting of the Year ” award from the Chartered Institute of Management Accountants (CIMA) China Office. The award ceremony took place in Shanghai on November 23rd and was attended by finance and accounting professionals from across the country, with CFO Dr. William Chen representing Quasar Medical.

The CGMA Annual Awards, also known as the “Financial Oscar,” were initiated in 2005. Widely recognized by management accounting regulators and academia in China, as well as the global management accounting industry, these awards set the gold standard for management accounting excellence and acknowledge outstanding achievements in the field.

This award is a testament to Quasar Medical’s commitment to excellence and innovation. Our finance team’s dedication plays a vital role in steering the company toward success,” said Alex Wallstein, CEO of Quasar Medical.

The CGMA Excellent Practice in Management Accounting of the Year Award recognizes Quasar Medical’s finance team for their outstanding contributions to the company’s success. The finance team plays a vital role in supporting the company’s high growth by developing and tracking the corporate performance dashboard, acting as business partners to provide various timely and insightful analyses, and driving long-term financial planning with effective use of resources.

Commenting on the award, Dr. William Chen, Chief Financial Officer of Quasar Medical, expressed gratitude, stating, “We are honored to receive the CGMA Excellent Practice in Management Accounting Award. This reflects our unwavering commitment to financial excellence and innovative management accounting practices, steering our organization towards a successful and sustainable future.

Quasar Medical has consistently demonstrated excellence in its field, setting high standards for quality and innovation in medical device contract manufacturing. The company’s dedication to sound financial practices aligns with the values celebrated by the CGMA Awards.

For further information about Quasar Medical and its achievements, please visit quasarmedical.com or contact [email protected]

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Left: Quasar CFO William Chen | Photo Credit: AICPA & CIMA


About Quasar Medical

Quasar Medical has been leading the global medical device market in manufacturing minimally invasive medical components, devices, and micro-sensors for over 35 years. With six manufacturing operations worldwide and a team of over 3,000 employees, Quasar offers comprehensive turnkey solutions. From design and prototyping to process automation and rapid mass production, Quasar delivers innovative, high-quality, and cost-effective solutions to medical device companies worldwide. Headquartered in Hong Kong and Singapore, Quasar’s global presence ensures seamless service to clients across Europe, America, Asia, and Israel.


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