Scan the code, and shipment is immediately processed. These days, in the smart warehouse of the Ningbo Hongyi Electronic Technology Co., Ltd., workers are busily loading over 10 containers of power connectors, which will be shipped to Europe after customs declaration. On-site feedback indicates that after obtaining AEO certification, the clearance speed for export goods has significantly increased, while the inspection rate has simultaneously decreased.
Company Chairman Shen Guoqiang said in an interview that since becoming an AEO enterprise, the company has enjoyed "one-on-one" coordination services from customs and a lower inspection rate. During peak business periods, the efficient clearance process not only shortens delivery cycles and reduces storage and port demurrage costs but has also significantly improved the company's overall operational efficiency. He also expressed sincere gratitude for the help and support from customs: "AEO certification has high standards and strict audits. To help the enterprise successfully pass the certification, the Cixi Customs sent credit cultivation specialists to tailor a certification plan and provided full guidance throughout the application process. The company successfully obtained the certification on September 8, i.e., a process that took only 8 months."
The Hongyi Electronic Technology Co., Ltd. achieved a record high in exports in 2022, with sales exceeding 1.6 billion yuan. Afterwards, due to multiple factors such as international trade friction and decreased consumer spending, exports declined for a period. "Crisis breeds opportunities, and innovation is imperative. The product iterations we've been exploring for years need to be accelerated and implemented!" said Shen Guoqiang. The transformation from low to mid-end household sockets to mid to high-end new energy vehicle charging piles and sockets for machinery equipment and ships has begun to show results. Currently, there are over 20 models of charging piles for new energy vehicles alone, and the number of mid to high-end socket production lines has increased to 15. In the first 8 months of this year, the company's export value reached 840 million yuan, with a year-on-year increase of 49.4%.
"In the complex and volatile international trade environment, AEO certification is not only an honor but also an important tool for enhancing core competitiveness and deeply participating in the international market. Now, we not only enjoy multiple conveniences domestically, such as priority clearance, precise services, and green channels, but we can also achieve rapid clearance in countries and regions that have mutual recognition agreements with China. This provides us with a solid guarantee for exploring the international market and enhancing our supply chain competitiveness," Shen Guoqiang said confidently.
