On October 26, 2022, Haikou Customs issued Hainan Bondex FTZ Supply Chain Management Co., Ltd. (the Company) with the Advanced "AEO CERTIFICATE".
In October, Haikou Customs’ expert group conducted an on-site AEO certification audit on the Company from the following four aspects: the Company's internal control, financial situation, compliance with laws and regulations, and trade security. It is proved that the Company achieved all standards and specifications of the Advanced AEO Certification and passed the audit. Many thanks to the guidance from the expert team in the audit, which will promote our business to a new level.
AEO is the abbreviation of Authorized Economic Operator. The customs evaluates enterprises' credit, law compliance and safety management and give preferential facilities for customs clearance to the enterprises that have passed the evaluation. In countries and regions with mutual recognition of AEO Certificate, enterprises with the AEO Certificate can enjoy preferential treatment for customs clearance there, which will effectively reduce the enterprises' cost and enhance their international competitiveness. As a company with China custom's advanced AEO certificate, we can not only enjoy the favorable treatment in China, but also in 48 countries and regions with mutual recognition such as Singapore, the European Union, etc. The favorable treatment including simplifying customs clearance procedures and reducing inspection rates will help us to improve customs clearance efficiency and reduce operating costs as much as possible. Therefore, the AEO Certificate is also known by the import and export enterprises as the "golden signboard" for international trade.
The advanced AEO Certificate affirmed the Company's business management standards and specifications, improved our import and export management system and strengthened the supply chain trade security management. In the future, we will strictly implement the standards of the Certificate and keep improving our business to support the construction of Hainan Free Trade Port. We will adhere to the principle of "customer first" to achieve win-win development with our customers, and achieve the goal of "doing business from Hainan to China till the Globe".
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