Guangdong Toy Export Orders Reveal the Mystery of OEM Business Losses

[HC Gift Crafts Network] No matter what angle you look at the financial crisis but also received a large-scale retail enterprises from the United States Sears (Sears) and discount retailers, and more fun (DollarTree) of OEM orders should be good situation, but that is from these two orders are in Shantou, a toy Querang company endured headaches.

A month ago, I received a newspaper from Dragon Electronics, Shantou Shantou complaints, saying the company last January and in October the two companies by the Hong Kong Toys century (also known as Hong Kong’s ultra-Wei International Co., Ltd.) the assignment of two major U.S. document OEM orders for the retail toy business, but several months later issued the goods, the Hong Kong toy companies for different reasons century of outstanding loans, resulting in the loss of more than 100 million last year. According to the company responsible Chenzhuo Dan said default or arbitrarily withheld foundry business loan is not a single individual cases, a phenomenon concentrated in the toy industry, Shantou, widespread, and has seriously affected the company’s survival.

Two items under Shantou Long bizarre electronic debits provided to the author of two contracts in January this year, the Hong Kong toy companies to Shantou Long century electronic orders, which required more than the United States pleasure leading provider of discount production 120 000 nozzles, each of the of 6.2 Hong Kong dollars, total 71.5 Hong Kong dollars. “We quickly requested delivery, but then did not get paid on time.” Chenzhuo Dan said to the writer, was back in Hong Kong Toys century as it is a product of the plant needs to improve and where unsatisfactory, for several withheld 100 000 purchase price, together with the U.S. clients in the U.S. inspection test report.

But according to Chen Zhuodan say, San Lung these more fun water gun in the removal before the order has been in accordance with the requirements of the authorized organs of Intertek Testing Services Hong Kong Company (Intertek) by U.S. standards, while providing customers the Hong Kong Toys century test report Tianxiang company from the United States, this is the parent company of Hong Kong Tienhsiang, “the way the U.S. test report, signed with Hong Kong companies are the same test, how could it fail? We have been skeptical.”

Last year in October, the Hong Kong Electronic Toys century Youxiang Shantou under a single, asking them for the leading U.S. retailer Sears, Kmart stores in Canada, production of 3600 toy vehicles, each with 49 Hong Kong dollars, the total cost of about 17 million. But the freight to Canada, the same did not receive payment. “After the Hong Kong Toys century back in the mail, that price tag does not meet our requirements, is Kmart shelves, money withheld.” But Chenzhuo Dan said, after post about the price tag is not unqualified Shantou Dragon’s fault, but Hong Kong Toys century problems.

Receiving the complaint, the newspaper I have tried to contact Sears and more fun the U.S. public relations company, and to outline the incident made to interview, but the time of this writing, the author has not been answered. But I Intertek Testing Services Hong Kong companies to consulting, the company staff said, after Hong Kong’s post-test the products Tienhsiang should conform to U.S. standards, and is recognized by the U.S. buyers. Recently, I continue to call the Hong Kong toy company Tuomasilin century, for the question, the boss dodging words that are not very clear need to check information.

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Category: Business Management
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