Procurement Agency & Service Terms

Procurement Agency & Service Terms

1. Security Deposit

To secure resources for your participation in Model 1: On-site Sourcing Tour, a security deposit of USD 800 must be paid within 3 business days after providing your travel details.

• Payment Methods: T/T bank transfer or credit card.

• Handling: The deposit will be fully applied toward the commission of your first shipment. If no order is placed, the deposit is non-refundable.

2. Procurement Scale & Payment Terms

Minimum Procurement Value:

• For Model 1 and Model 2, each shipment must have a minimum product value of USD 10,000.

Payment Terms:

• Orders ≥ USD 10,000: Payment may be made via T/T or irrevocable sight L/C, subject to mutual agreement.

• Orders < USD 10,000: Applies to Model 2, Model 3, and small Model 1 orders. Payments follow a staged structure to ensure smooth project execution:

  1. Production Deposit: 70% of total order value due after order confirmation and prior to production.

  2. Balance Payment: Remaining 30% due before shipment.

Additional Fees: All bank charges or payment-related fees are the responsibility of the buyer.

3. Commission Structure

Commission is calculated based on the product value per shipment:

Note: Minimum commission for a single Model 1 project is USD 1,000.

4. Costs, Documentation & Customs Responsibilities

Travel Expenses:

• For Model 1, all personal transportation and accommodation costs during your visit to China are borne by the buyer.

• We provide up to 10 working days of on-site support.

Commission Coverage:

• Includes sourcing support, order tracking, quality inspections, warehouse/consolidation, and container loading supervision.

• Excludes domestic logistics, international freight, insurance, and destination-port customs fees (except DDP under Model 3).

Documentation:

• All commercial documents will be provided upon full payment.

Customs Clearance:

• Model 1 & 2: Buyer responsible for destination-port customs clearance.

• Model 3 (Platform Sourcing):

  • DDP Option: We or our partners handle customs clearance and duties; buyer cooperation may be required.

  • Non-DDP: Buyer handles all customs procedures independently.

5. General Terms

Liability:

• Any party breaching this agreement shall be responsible for direct financial losses caused to the other party.

Dispute Resolution:

• All disputes arising under this agreement shall be submitted to CIETAC (China International Economic and Trade Arbitration Commission) for arbitration.

Entire Agreement:

• These terms constitute the full and complete agreement between both parties regarding the services described.