Looking to place an order with a new Chinese supplier?
Are you sure they’re reliable?
Or are they really a factory as they claim rather than a trading company?
Supplier fraud is undoubtedly the biggest risk for buyers importing from China.
The truth is, if a buyer is scammed, the chances of being able to recover damages are almost zero.
You may be using alibaba.com to find your supplier, or you may have heard of Trade Assurance.
But is that safe enough?
What is Supplier Evaluation?
Supplier evaluation is the process of deciding whether a potential supplier is a good fit for your company. It’s also known as a supplier audit or due diligence.
at HUACI Sourcing, our supply chain experts perform a comprehensive examination to reveal the truth about your supplier.
Who Benefits From Supplier Evaluation Service?
If you’re an importer trying to source potential suppliers online (like alibaba.com or made-in-china.com, etc.,) you’d better have a further check on your supplier before placing an order.
Our supplier evaluation service will be helpful for you if you have the following questions:
Why do You Need to Have a Supplier Evaluation?
It’s much easier to import from China than ten years ago.
Thanks to the online marketplaces, you don’t have to fly to China to discuss your order any longer.
However, that brings in a new problem: you have to make all your decisions based on suppliers’ online performances.
Keep your intellectual property safe.
What Is in a Supplier Evaluation Report?
HUACI Sourcing offers 3 different supplier evaluation solutions to meet buyers’ needs at different stages.
Supplier Evaluation BASIC: includes all the essential company background details. With the BASIC plan, you will be able to know if this supplier is existing and if it is a real factory or not.
Supplier Evaluation PRO: in addition to the information included in the BASIC plan, risk and intellectual property information is included in determining the supplier’s reliability effectively.
Supplier Evaluation 360-DEGREE: in addition to information on the PRO Plan, it also includes verifying suppliers’ relevant certifications (e.g., production management systems such as ISO) and customs records for exported products.
Choose Your Supplier Evaluation Plan | Basic | Pro | 360-Degree | ||
$98 | $148 | $298 | |||
Company Background | Registration Information | Company Name in English | ✔️ | ✔️ | ✔️ |
Company Name in Chinese | ✔️ | ✔️ | ✔️ | ||
Previously Used Chinese Name | ✔️ | ✔️ | ✔️ | ||
Date of Establishment | ✔️ | ✔️ | ✔️ | ||
Business Status | ✔️ | ✔️ | ✔️ | ||
Registered Capital | ✔️ | ✔️ | ✔️ | ||
Paid-In Capital | ✔️ | ✔️ | ✔️ | ||
Unified Social Credit Code | ✔️ | ✔️ | ✔️ | ||
Business Registration Number | ✔️ | ✔️ | ✔️ | ||
Organization Code | ✔️ | ✔️ | ✔️ | ||
Taxpayer Identification Number | ✔️ | ✔️ | ✔️ | ||
Taxpayers' Qualifications | ✔️ | ✔️ | ✔️ | ||
Type Of Business | ✔️ | ✔️ | ✔️ | ||
Industry | ✔️ | ✔️ | ✔️ | ||
Operating Period | ✔️ | ✔️ | ✔️ | ||
Size of Staff | ✔️ | ✔️ | ✔️ | ||
Number of Insured Persons | ✔️ | ✔️ | ✔️ | ||
Registration Office | ✔️ | ✔️ | ✔️ | ||
Date of Approval | ✔️ | ✔️ | ✔️ | ||
Registered Address | ✔️ | ✔️ | ✔️ | ||
Business Scope | ✔️ | ✔️ | ✔️ | ||
Shareholder Information | Name of Shareholder | ✔️ | ✔️ | ✔️ | |
Contribution Amount | ✔️ | ✔️ | ✔️ | ||
Percentage of Shareholding | ✔️ | ✔️ | ✔️ | ||
Contribution Date | ✔️ | ✔️ | ✔️ | ||
Key Personnel | Name | ✔️ | ✔️ | ✔️ | |
Positions | ✔️ | ✔️ | ✔️ | ||
Invested Companies | Company Name | ✔️ | ✔️ | ✔️ | |
Company Name in Chinese | ✔️ | ✔️ | ✔️ | ||
Legal Representative | ✔️ | ✔️ | ✔️ | ||
Business Status | ✔️ | ✔️ | ✔️ | ||
Amount of Investment | ✔️ | ✔️ | ✔️ | ||
Investment Ratio | ✔️ | ✔️ | ✔️ | ||
Date of Establishment | ✔️ | ✔️ | ✔️ | ||
Risk Information | Judicial Interpretation | ❌ | ✔️ | ✔️ | |
Notice of Court Sessions | ❌ | ✔️ | ✔️ | ||
Legal Proceedings | ❌ | ✔️ | ✔️ | ||
Court Announcements | ❌ | ✔️ | ✔️ | ||
Consumer Restraint Order | ❌ | ✔️ | ✔️ | ||
Final Case (Law) | ❌ | ✔️ | ✔️ | ||
Breach of Trust Information | ❌ | ✔️ | ✔️ | ||
Executor (Of a Lawsuit) | ❌ | ✔️ | ✔️ | ||
Mutual Legal Assistance | ❌ | ✔️ | ✔️ | ||
Service of Notice | ❌ | ✔️ | ✔️ | ||
Information on Cases Filed | ❌ | ✔️ | ✔️ | ||
Business Anomaly | ❌ | ✔️ | ✔️ | ||
Administrative Penalty | ❌ | ✔️ | ✔️ | ||
Serious Offence | ❌ | ✔️ | ✔️ | ||
Pledge of Shares | ❌ | ✔️ | ✔️ | ||
Equity Pledge | ❌ | ✔️ | ✔️ | ||
Tax Offences | ❌ | ✔️ | ✔️ | ||
Chattel Mortgage | ❌ | ✔️ | ✔️ | ||
Environmental Penalty | ❌ | ✔️ | ✔️ | ||
Notice of Tax Arrears | ❌ | ✔️ | ✔️ | ||
Judicial Auctions | ❌ | ✔️ | ✔️ | ||
Evaluation of the Request for Quotations | ❌ | ✔️ | ✔️ | ||
Liquidation Information | ❌ | ✔️ | ✔️ | ||
Intellectual Property Rights Pledged | ❌ | ✔️ | ✔️ | ||
Public Announcement of Reminder | ❌ | ✔️ | ✔️ | ||
Land Hypothecation | ❌ | ✔️ | ✔️ | ||
Easy Cancellation | ❌ | ✔️ | ✔️ | ||
Insolvency Reorganization | ❌ | ✔️ | ✔️ | ||
Intellectual Property Rights | Trademark Information | Trademark Names | ❌ | ✔️ | ✔️ |
International Classification | ❌ | ✔️ | ✔️ | ||
Application for Registration Number | ❌ | ✔️ | ✔️ | ||
Trademark Status | ❌ | ✔️ | ✔️ | ||
Date of Application | ❌ | ✔️ | ✔️ | ||
Patent Information | ❌ | ✔️ | ✔️ | ||
Authorships | ❌ | ✔️ | ✔️ | ||
Website Record | ❌ | ✔️ | ✔️ | ||
Corporate Development | Financing History | ❌ | ❌ | ✔️ | |
Investment Time | ❌ | ❌ | ✔️ | ||
Core Team | ❌ | ❌ | ✔️ | ||
Business | ❌ | ❌ | ✔️ | ||
Investment Institution | ❌ | ❌ | ✔️ | ||
Private Equity Fund | ❌ | ❌ | ✔️ | ||
Management Information | Recruitment Information | ❌ | ❌ | ✔️ | |
News and Public Opinion | ❌ | ❌ | ✔️ | ||
Administrative Authorization | ❌ | ❌ | ✔️ | ||
Tax Ratings | ❌ | ❌ | ✔️ | ||
Spot Check | ❌ | ❌ | ✔️ | ||
Double Random Inspection | ❌ | ❌ | ✔️ | ||
Certifications | ❌ | ❌ | ✔️ | ||
Bidding | ❌ | ❌ | ✔️ | ||
Product Information | ❌ | ❌ | ✔️ | ||
Announcements and Reports | ❌ | ❌ | ✔️ | ||
Plot Announcement | ❌ | ❌ | ✔️ | ||
Land Transfer | ❌ | ❌ | ✔️ | ||
Import and Export Credit | ❌ | ❌ | ✔️ | ||
Bond Information | ❌ | ❌ | ✔️ | ||
Land Acquisition Information | ❌ | ❌ | ✔️ | ||
Telecommunications Licensing | ❌ | ❌ | ✔️ | ||
Suppliers | ❌ | ❌ | ✔️ | ||
Client | ❌ | ❌ | ✔️ | ||
Business Franchise | ❌ | ❌ | ✔️ | ||
Customs Data | Export Frequency Chart | ❌ | ❌ | ✔️ | |
Bill of Lading Information | Export Date | ❌ | ❌ | ✔️ | |
Export Product | ❌ | ❌ | ✔️ | ||
Number of Products Exported | ❌ | ❌ | ✔️ | ||
Destination Port | ❌ | ❌ | ✔️ | ||
Name of Buyer/Importer | ❌ | ❌ | ✔️ | ||
Buyer Summary Analysis | ❌ | ❌ | ✔️ |