What is Guomao Supply Chain? Guomao Supply Chain Review, Features

Zhejiang Guomao Supply Chain Service Co., Ltd. is the first comprehensive foreign trade service enterprise in Zhejiang Province. Relying on the strong strength of its shareholders, the company has jointly built a portable online foreign trade comprehensive service platform - "Guomao Supply Chain" with banks and credit insurance companies; the platform provides one-stop trade service solutions, aiming to help small and medium-sized enterprises solve financing problems, increase the number of orders, reduce trade risks, and promote the transformation and upgrading of small and medium-sized enterprises.

About Guomao Supply Chain

·Guomao Supply Chain is the first comprehensive foreign trade service platform in Zhejiang Province certified by the Provincial Department of Commerce, focusing on the services of the export supply chain. This is a platform that provides one-stop services to thousands of customers, and it is also a stage for entrepreneurship. So far, it has provided unsecured and unsecured supply chain financing of more than RMB 1.8 billion to 2,964 small and medium-sized enterprises. Advantages: Rapid capital recovery, advance payment of foreign goods and tax refunds; both credit sales and letters of credit can be accepted to improve order acceptance capabilities; safe order acceptance without worries, risk warning, and global premiums as low as 0.52%; save time, effort, money, and worry, one-stop foreign trade services, fast customs clearance, and 0 service fees.

·The Guomao supply chain foreign trade comprehensive service platform focuses on export supply chain services. Simply put, as long as the customer receives the order, a series of subsequent work, such as customs clearance, foreign exchange settlement and tax refund, foreign trade services, financial services, market procurement, buyer's credit, etc. can be handed over to the platform for one-stop solution. It is professional and fast, allowing enterprises to avoid many detours.

More than 80% of the team of Guomao Supply Chain are internally trained, starting from frontline employees and gradually growing into leaders of small teams. The company guides employees to analyze the current situation, set goals, and take action based on each person's different situations and markets, and constantly provide feedback and corrections. This coaching-style empowerment method not only achieves goals, but also trains individuals, allowing frontline employees to maintain highly consistent values ​​and continue to grow. After employees grow into team leaders, they copy this set of empowerment practices and train new teams, making the big team grow stronger. After several years of experience, Guomao Supply Chain has grown from a small team of more than a dozen people to a super team of more than 20 departments.

Products and Services

1. Foreign trade services

(1) Includes: ① Customs clearance: fast customs clearance with high customs credit qualification and free commodity inspection ② Foreign exchange: foreign exchange is settled on the same day of arrival, with fast settlement, professional operation, safe collection of foreign exchange, cross-border RMB settlement, and reasonable avoidance of foreign exchange risks; ③ Tax refund: export tax refunds are handled for customers in compliance with regulations, which is safe and professional. The foreign exchange verification documents are complete and the account is credited within 3 working days, which speeds up capital turnover and relieves capital pressure.

(2) Access conditions: The seller is registered in mainland China; the exported products must comply with relevant laws and regulations; the invoice issuer must be a manufacturing enterprise with general taxpayer qualifications.

(3) Fee Description: Basic services are free of charge; the service fee for advance payment of tax refunds is as low as 0.6% of the invoice amount; the service fee for agency tax refund services is 0.3% of the invoice amount; towing, customs declaration, logistics and other expenses are reimbursed on a reimbursement basis.

(4) Business process: Apply for service - Sign cooperation agreement - Customs declaration and clearance - Foreign exchange collection and settlement - Advance payment of tax refund.

2. Financial services

(1) Tax refund financial services: Please consult the official customer service for details.

(2) Credit financial services:

①Content: Guomao Supply Chain provides convenient and fast uncollateralized and unsecured financing services for small and medium-sized foreign trade enterprises. Under insurance coverage, payment can be received within 3 working days after customs clearance, with an account period of up to 90 days, which can quickly recover funds, improve customers' order-taking capabilities, and avoid risks caused by unprofessionalism.

② Access conditions: The seller is registered in mainland China; export products must comply with relevant laws and regulations; overseas buyers must pass the credit investigation of the China Export Credit Insurance Corporation, and all amounts are within the insurance coverage limit; Guomao Supply Chain’s customs declaration and collection of foreign exchange must pass the document review of Guomao Supply Chain; the longest account period shall not exceed 90 days.

③ Fee description: There is no service fee for using the basic services of Guomao Supply Chain; Overseas buyer credit investigation fee: 800 yuan/household for corporate buyers; Premium: Accounts receivable amount * premium rate (5.2‰); Financial service fee: Accounts receivable amount * 0.04% * actual credit sales days; Towing, customs declaration, logistics and other fees are reimbursed on a real-time basis.

④Business process: Apply for service - Buyer credit assessment - Sign cooperation agreement - Collect advance payment from overseas buyers - Customs clearance - Collect financing funds.

(3) Letter of credit financial services

①Content: Guomao Supply Chain provides convenient and fast uncollateralized and unsecured financing services for small and medium-sized foreign trade enterprises. Under insurance coverage, payment can be received within 3 working days after customs clearance, with an account period of up to 90 days, which can quickly recover funds, improve customers' order-taking capabilities, and avoid risks caused by unprofessionalism.

② Access conditions: The seller is registered in mainland China; export products must comply with relevant laws and regulations; Guomao Supply Chain is the beneficiary of the letter of credit and the bank delivery is completed by Guomao Supply Chain; overseas buyers pass the credit investigation of China Export Credit Insurance Corporation, and all amounts are within the insurance coverage limit; Guomao Supply Chain customs declaration and collection of foreign exchange are subject to the document review of Guomao Supply Chain; the longest account period shall not exceed 180 days.

③ Fee description: There is no service fee for using the basic services of Guomao Supply Chain; Overseas buyer credit investigation fee: 800 yuan/household for corporate buyers; Premium: Accounts receivable amount * premium rate (5.2‰); Financial service fee: Accounts receivable amount * 0.04% * actual credit sales days; Towing, customs declaration, logistics and other fees are reimbursed on a real-time basis.

④Business process: Apply for service - credit assessment of buyer and issuing bank - signing of cooperation agreement - review and preparation of documents - customs clearance - collection of financing funds.

(4) Bill of Lading Pledge Financial Services

①Content: Applicable to buyers who pay upon seeing the documents. With insurance coverage, buyers can get the payment within 3 working days after customs clearance. The payment period is up to 90 days, which can quickly recover funds, improve customers' order-taking capabilities, and avoid risks caused by unprofessionalism.

② Access conditions: The seller is registered in mainland China; export products must comply with relevant laws and regulations; overseas buyers must pass the credit investigation of the China Export Credit Insurance Corporation, and all amounts are within the insurance coverage limit; Guomao Supply Chain’s customs declaration and collection of foreign exchange must pass the document review of Guomao Supply Chain; the longest account period shall not exceed 90 days.

③ Fee description: There is no service fee for using the basic services of Guomao Supply Chain; Overseas buyer credit investigation fee: 800 yuan/household for corporate buyers; Premium: Accounts receivable amount * premium rate (5.2‰); Financial service fee: Accounts receivable amount * 0.04% * actual credit sales days; Towing, customs declaration, logistics and other fees are reimbursed on a real-time basis.

④Business process: Apply for service - Buyer credit assessment - Sign cooperation agreement - Collect advance payment from overseas buyers - Customs clearance - Collect financing funds.

3. Letter of credit buyout financing service

(1) Content: Guomao Supply Chain is the beneficiary and the first beneficiary of the forward letter of credit. After the goods pass customs and obtain a full set of documents, Guomao Supply Chain completes the delivery of documents. After receiving the payment commitment telegram from the issuing bank, Guomao Supply Chain provides domestic customers with non-recourse letter of credit buyout financing.

(2) Advantages: Experts review, prepare and deliver documents to avoid soft terms and discrepancies in letters of credit; at the same time, we conduct professional risk qualification assessments on the issuing country and bank to fully control risks; 100% buyout service, transfer risks to Guomao Supply Chain, and collect foreign exchange in advance.

4. Buyer’s credit

(1) Content: Buyer's credit refers to the credit provided by the international trade supply chain to support domestic enterprises in the production of electromechanical products, complete sets of equipment,

As well as the export of capital goods and services such as foreign engineering contracting, we provide importers with medium- and long-term loans under insurance coverage, helping domestic companies to quickly and safely recover funds.

(2) Advantages: For exporters: Transforming exporter liabilities into importer liabilities, optimizing exporter balance sheets; facilitating exporters to securely receive foreign exchange; treated as cash exchange projects, exporters can receive cash exchange after shipment, accelerating capital turnover. For importers: More financing channels; favorable financing conditions; usually lower financing costs than in the country where the importer is located.

(3) The operation process is as follows:

5. Market procurement

(1) Content: The Guomao supply chain agent market procurement trade platform is a comprehensive management service platform covering all business entities of market procurement trade and the entire trade process; it realizes the collection and aggregation of goods flow, document flow, capital flow and information flow, provides data and information support for the business of various trade export management departments, and provides various e-government "one-stop" services such as customs declaration, inspection, tax exemption registration, and foreign exchange settlement for various business entities of market procurement trade, providing all-round integrated support for the export of small commodities.

(2) Advantages: Export goods can be declared for export through market procurement trade; enjoy convenient customs clearance policies; enjoy export goods tax exemption policies; enjoy relevant credit inquiry and trade risk early warning and prevention services; query the goods customs clearance status nodes; timely check the policies and information issued by various government departments; enterprises and merchants can conduct statistical analysis on their own export goods.

(3) Business process: cargo assembly and packing - inspection and quarantine - customs declaration - duty-free management - foreign exchange settlement.

6. Cross-border e-commerce comprehensive service platform

(1) Service content: global store opening, product selection and distribution, smart platform, cross-border exchange collection, convenient customs clearance, and inclusive finance.

(2) Advantages: A large number of brands and a secure supply of goods; convenient operation and efficient platform; global logistics and drop shipping; financial support to relieve pressure.

(3) The process operation is as follows:

Guomao supply chain service process

The Guomao supply chain service process is as follows:

Development History

-In 2013, Zhejiang Province's first comprehensive foreign trade service platform was established - Zhejiang Guomao Supply Chain Service Co., Ltd.; Guomao Supply Chain formed a strategic partnership with Industrial and Commercial Bank of China; and was awarded by CITIC as the "First Strategic Partner of Overseas Individual Buyers' Credit Insurance".

-In 2014, Wang Yang, Vice President of the State Council, inspected and investigated the Guomao supply chain; obtained A-round angel investment.