Due diligence of Chinese partners is in demand before placing large orders and in cases where the information obtained during the general audit of a Chinese company is not enough. Verification of the supplier allows you to significantly reduce the risks when working with the Chinese side and be confident in the reliability of the upcoming transaction.

What is the problem

Verification of a Chinese company, first of all, means an analysis of its financial and legal performance. Such data can only be obtained by counterparties registered in China through specialized resources.

How can we help you

As a rule, the due diligence service is required after the initial search for suppliers in China, since it is not always able to provide full confidence in the counterparty and provide all the information that the customer needs to complete the transaction.

In order to better understand and fulfill your supplier verification requirements, we work with you to develop the necessary set of criteria, which may include parameters such as:

confirmation of the declared production capacity or production capabilities
stability of financial indicators
availability of the legal history of the company in accordance with the required age
availability of a reference list, a list of completed projects in the required area
correctness of statutory, registration documents and tax deductions
proof of export license
verification of company data in regional industrial and commercial chambers
the presence of information about the company on the Internet and in the media
search for consumer reviews
identification of the facts of the company’s appeal to law enforcement agencies

If necessary, we can conduct a certified independent examination of products, equipment or personnel. A mandatory component of the service is a visit to production facilities. We take into account the fact that compliance with the norms and rules of etiquette in business negotiations is highly valued by the Chinese side.

What are you getting

During the verification of manufacturers, at your request, we conduct research, analysis and systematization of data, as a result of which you will receive a detailed report containing:

Data on the actual production volumes at the plant, financial performance, technical equipment, legal history of the company
Information about the founders and management of the company
Information about the quality of the company’s work based on data in the media

When ordering due diligence of Chinese suppliers, you can use both our complex of services and its individual components, from accompanying your negotiations with the Chinese side to checking the production line at the factory.

Cost and terms

The minimum cost of supplier due diligence services in China starts from $250 – $300. If the transaction is completed with our participation, then the amount is paid in advance and returned to you along with your order. The terms for collecting, analyzing and preparing data depend on the order and can range from 5 to 14 days.