Agent services in China, legal support in China, company registration in China and Hong Kong

How to find a factory in China: partner search lessons

Scenarios for the development of relations with factories in China, how to find the right company, the interest of the Chinese partners in dealing with foreign clients, general, technical and financial analysis of factories in China.

How to find a factory in China and not to miscalculate? How to build cooperation with a factory in China? How to find a factory in China? These questions are among the most difficult for those who wish to get the most favorable outcome when buying finished goods or placing an order for its production in China. But everyone who wants to start building cooperation with Chinese enterprises needs to search for answers to these questions.

Assessing the potential of factories and factory type enterprises

So, how to find a factory in China, where to start and what to look for? It is important to thoroughly evaluate the company with which you are going to build long-lasting business relationships. To do it remotely is not always possible, and often – it is simply impossible. Of course, your agent or authorized representative can give you the preliminary information about the factory in China,  you can specify the criteria for the evaluation (type of equipment, production culture, proximity of raw material suppliers, market position, etc.)

But, in practice, while searching for the solution of the problem finding a factory in China, a deeper analysis can only be done by personal visit by the client, that means you – the businessman that made  a choice in favor of China. The situation is because of the fact that the agency company is not a specialist in a particular field (in all segments of each industry), and therefore can only give an analysis by the specified parameters. However, for a comprehensive assessment of the prospects of the placing of production, the confidence that the methodology of solving the problem of how to find a factory in China, is defined, the view of highly trained technicians and marketing analysts is important.

UGL Corporation Limited advises all the customers who place orders in the factories and industrial enterprises in China, at least once visit the production site in China. We will arrange for you to meet with top management, CEOs or directly with business owners so that you can personally explore the issues and specifics of the topics, how to find a factory in China? After all, the stakes are high – when placing the production or placing large orders for products, significant sums are invested.

We do the analysis of factories in China by the following criteria:

GENERAL INFORMATION ABOUT THE MANUFACTURER:

  • company’s registration documents
  • the factory’s scope of business in China
  • work experience with foreign companies
  • main competitors on the market
  • загруженность производства и степень амортизации оборудования

THE TECHNICAL EVALUATION OF THE COMPANY:

  • available equipment and technology used
  • certifications, both Chinese and international
  • the equipment compliance with the industry and international quality standards
  • Chinese factory staff qualifications
  • production load and depreciation of equipment

FINANCIAL EVALUATION OF THE COMPANY:

  • main financial statements
  • the results of the last audit
  • analysis of financial performance and overall financial state
  • the description of the organizational structure of production process
  • market share of the enterprise

Our company will help you to get a comprehensive answer to the question how to find a factory in China? You will be able to build mutually beneficial business relationships with Chinese manufacturers and get the most acceptable and favorable conditions of work with them, as well as establish the right way of financial settlements with factories in China,  build the right logistics for the shipment of finished products to its sale and use regions.

 

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