Ningbo Amgee Logistics Co., Ltd. (Amgee Logistics), affiliated to Ningbo Fengya, has the following advantages in railway-river combined transportation.   Beilun Port Railway Container Handling Station is located in Ningbo Beilun Container Terminal (NBCT) front yard, which connects to the national railway network through Beilun Railway and Hangzhou-Ningbo Railway. It is the only railway container handling station in the port terminal front yard, all containers to and from the port can be seamlessly and efficiently connected to the railway, decreasing the transport process and time, and reducing the transportation cost. Ningbo-Yiwu Railway is expected to start during the “12th Five-Year Plan”, once completed, it will shorten the railway transportation distance from Jiangxin even the areas along the Shanghai-Kunming Railway, and improve the time efficiency of transport. The railway-water combined channel from East China to Ningbo Port has been listed by Ministry of Transport as one of the national container railway-water combined pilot channels. Ministry of Railways prepares the major node station plan for national railway container, Ningbo is listed as a major node station for railway container transportation in the Yangtze River Delta, as well as one of the eighteen central stations of the national railway container, which will be used at the end of the “12th Five-Year Plan”. With the construction and improvement of the national railway network, the railway logistics transport capacity will be further released, the railway network coverage tends to be broader with more reasonable layout, which will greatly drive the further development of national container railway-water combined transport. The railway-water combined transport network of Ningbo Port will be extended to Anhui, Hunan, Hubei, Sichuan, Shaanxi and other provinces in East China, Central China, and West China, in addition to the Jiangxi hinterland. The container railway-river combined transport will be given the opportunity during the “12th Five-Year Plan”.

Ningbo Amgee Logistics Co., Ltd. (Amgee Logistics), affiliated to Ningbo Fengya, has an excellent operation team with the experience of international air transportation, provides its customers with leading air transportation solution, ensures the immediate cargo shipment in a professional, accurate and fast way, and meets diverse customer needs.    Amgee Logistics provides space booking service for domestic major airports such as Ningbo Lishe International Airport, Shanghai Pudong International Airport, Hangzhou Xiaoshan International Airport, Beijing Capital International Airport, Guangzhou Baiyun International Airport, Nanchang Changbei International Airport and Tianjin Binhai International Airport, and establishes a good partnership with major airlines.    Amgee Logistics provides high-grade door-to-door customs clearance and other services by relying on a complete domestic transport network and the overseas agents across the world.    We commit: In peak season or off-season, we will provide our customers with adequate spaces and reasonable prices, and ensure customer satisfaction with our high-grade services!

Ningbo Meishan Bonded Port Area is located in Meishan Island, Beilun District of Ningbo, known as the fifth bonded port area established with the approval of the State Council. The specific region connecting to the port operation area, where port operation, logistics and processing are integrated, is a dedicated region with port function supervised by the customs house, as well as a special region with the highest level of openness, the most preferential policy, and the most complete function in China. As of the end of 2011, 15 South Korea lines and 6 West Africa lines have been opened.      Operational business models of the bonded warehouse   Import bonded warehousing   Export tax rebates, bonded carrying-forward   International transit, secondary LCL   International procurement, value-added processing   Foreign trade, transit trade     Ningbo Amgee Logistics Co., Ltd. (Amgee Logistics), affiliated to Ningbo Fengya, is one of the forwarders with the largest business volume and the most complete types of operation in Ningbo bonded logistics industry, especially proficient in simple processing of various international distributions, with a terrific customer reputation.    We adhere to the principle of dedication to customer service and maximize the benefits at the lowest cost.   

Ningbo Amgee Logistics Co., Ltd. (Amgee Logistics), affiliated to Ningbo Fengya, provides its customer with FCL, LCL, large cargo, bulk cargo marine and air transport import services. Amgee Logistics can precisely control the whole process from the port of shipment including freight favorable quotation and space booking, customs declaration, to the customs clearance, customs inspection, inland lightering, warehouse devanning upon the goods arrival at Ningbo Port, so as to ensure the service quality and minimize the transportation cost to be borne by its customers.    And Ningbo Amgee Logistics Co., Ltd. (Amgee Logistics), affiliated to Ningbo Fengya, provides bonded warehousing, bonded transportation and other value-added services.    Ningbo Amgee Logistics Co., Ltd. (Amgee Logistics), affiliated to Ningbo Fengya, is one of the few companies in Ningbo Port that provides import LCL service, currently we provide devanning, customs clearance, distribution and other associated services on a weekly basis for the imported LCL cargos from Hong Kong, Taiwan, South Korea, Japan and Southeast, even European and American companies.    Customer praise is our driving force!

Ningbo Amgee Logistics Co., Ltd. (Amgee Logistics), affiliated to Ningbo Fengya, has a complete global network of overseas agents, has designated agents in 188 ports of 126 countries, especially in Southeast Asia, the Middle East, Europe and North America, we have maintained partnership with agents for many years, which were once visited by us. Amgee Logistics can integrate the superior advantages at all points to provide its customers with more reassuring and convenient one-stop marine, air import-export shipment service.     Provide export multimodal transport and door-to-door service The discharge port for export goods designated by some consignors is inaccessible by shipping companies or airlines, we may handle the procedure on its behalf and provide the related customs clearance service, on the contrary, EXW or FCA or other terms signed between some consignees and consignors are not covered by shipping companies or airlines, we may provide inland and customs declaration to suit the trade needs of our customers.      Provide import multimodal transport and door-to-door service We provide our customers in the shortest possible time with the most complete price and service by using the agency network in each point, integrating our import offer prices with partnered shipping companies, and integrating a variety of our import supervised warehouse.     Provide cargo collection, distribution and other logistics services Our logistics companies and agents in all points are capable of customs clearance, warehousing and distribution, may provide the complete logistics services upon the customer request, ranging from door-to-door collection, LCL, inland lightering, marine shipment, devanning, customs clearance, to distribution. We provide our customers with allocating, warehousing and cargo collection by using our or any of partnered foreign agents own or long-term rented warehouses, thus presenting more economical and efficient logistic solutions. 

Ningbo Amgee Logistics Co., Ltd. (Amgee Logistics), affiliated to Ningbo Fengya, has open direct LCL lines to Europe, Middle East, and Southeast Asia. With the support of strong operating platform and a number of overseas agents, the export LCL service has been available in hundreds of major ports across the world, we provide our domestic and foreign customers with a complete door-to-door service, and provide three to four direct shipment services a week at some major ports.    And our LCL team is one of the most competent teams in Ningbo. Our experienced team customizes marine LCL solutions with the consistent top-grade service, and provides customers with desirable price options.    Fast service is because of professionalism, we are always at your disposal for 365 days a year. This is our service-oriented concept. 

Ningbo Amgee Logistics Co., Ltd. (Amgee Logistics), affiliated to Ningbo Fengya, is one of the space booking agents for Ningbo Port, with a strong marine export public booking platform/operating system, highly experienced and capable sales/customer service/operation team, and high-quality and reliable service level.      Booking platform and shipping line advantages   Amgee Logistics has the right of direct booking to all shipping companies in Ningbo Port and the freight advantage over other shipping companies. Route sales is divided into five main parts, the Europe-Mediterranean Sea-Africa line, the Middle East/Red Sea/ India and Pakistan line, Southeast Asia/Australia line, the American line, Japan-South Korea-Taiwan line. It has professional operating skills, abundant industrial experience and high-quality service concept.      Industry-leading operating system   Amgee Logistics has successfully developed the customer-oriented EDI space booking system, paperless filing system, and achieved the seamless connection between customer, shipping company, shipping agent, terminal, warehouse and yard.

What is the import issuance financing?   Leveraging Fengya’s credit line at the bank, after the payment of a certain guarantee to Fengya, Client will be issued with an import L/C, so that Client’s request for using L/C settlement will be satisfied and its financial pressure will be eased.    Other notes   1. Product advantages:  ①Client does not have to pay the guarantee in full amount, so that its financial pressure is eased.  ②Depending on the import experience over the past years, Fengya’s import and export professional team will provide customers with high-grade services, reducing the operating cost and efficiently controlling the commercial risk.  ③ Depending on the bargaining power and good cooperation between Fengya and bank, various fees will be substantially reduced, and the import documentary bills and other value-added services are available for those customers requesting deferred payment.    2. Fees:  ①Use Fengya’s credit line granted by the bank free from any charge.  ② If the application for import documentary bills are requested, our documentary interest rate is more competitive than other peers. 3. Issuing period: Generally no longer than 3 months, but it can be negotiated where applicable. 

In order to help an enterprise solve financing difficulties, Fengya in collaboration with China Export & Credit Insurance Corporation (Sinosure) renders credit insurance financing service to help you accelerate the capital turnover, avoid trading risk, and accept orders with low cost, low threshold and at its great convenience. 

What is the forward exchange hedging?   Forward exchange hedging refers to the lock of client’s profit in advance, and the reduction of loss arising from change of exchange rate by specifying the foreign currency, amount, exchange rate and delivery date in future exchange settlement and sale.    Other notes 1. Product advantages:  ① Lock profits in advance to avoid any loss due to exchange rate fluctuations;  ② Low-threshold hedging: The minimum amount is only USD 50,000 (the locked exchange amount is integer multiples of 10,000);  ③ Without any service charge    2. Guarantee: Bank guarantee=Locked exchange * Forward lock exchange rate * 5%;    3. Other provisions:  ① To apply for forward exchange hedging, “optional delivery” is the only choice, which means the delivery within a given period;  ② A receipt or payment of exchange cannot correspond to two lock exchange agreements, in principle no partial delivery is allowed, in other words, a single lock exchange must be delivered in one time. 

What is the export L/C documentary financing?   Export L/C documentary financing refers a short-term export financing business when Fengya submits to the bank the export negotiable document, the bank will mail a complete set of documents required under the L/C to a foreign issuing bank, with the examination and acceptance by the foreign issuing bank, it advances the payment as per the book value to Fengya, then claims for exchange from the issuing bank, and collects documentary interest and commissions from Fengya and reserves the right to recourse.    Other notes  1. Product advantages:  ① Get reimbursement prior to the payment for goods by foreign customer, accelerating the capital turnover and improving the cash flow;  ② Handle exchange settlement in advance, avoid exchange rate risk;  ③ The financing procedure is easier and more operable than working capital loans;  ④For the export document that is consistent with that under the L/C, the exporter may transact the export documentary bills even if it has not verified credit line at the bank.    2. Financing interest rate:  ①Compared to Renminbi loans, the export documentary financing interest rate is lower, and you may get more favorable treatment than other peers depending on the good collaboration between Fengya and the bank.  ②Collect the same money as the actual bank deductions.    What is the import L/C documentary financing?   Import L/C documentary bills, also referred to as import documentary bills, is a short-time financing that the issuing bank grants to the applicant. Generally, it refers to a short-term trade financing method that the applicant uses the goods under its importation as collateral, applies for the import documentary bills, and repays principal, interest and fees to the bank within the prescribed period, because the applicant fails to pay to the bank for the documents due to shortage of funds or turnover difficulties.    Other notes  1. Product advantages: Make it convenient for the client to ease the financial pressure through various financing methods;  2. Fees:  ①Use the Fengya’s credit line granted by the bank free from any charge.  ②Depending on the bargaining power and good cooperation between Fengya and bank, the documentary interest rate is more competitive than other peers.  3. Documentary period: (L/C payment period + Number of documentary days) <= 90 days.

Fengya in collaboration with China Export & Credit Insurance Corporation (Sinosure) renders export credit insurance service that covers up to 120 days of OA payment period, so as to guarantee the safety of money payment. Once the insurance becomes effective, Fengya will assist in claiming for indemnity throughout the process, the enterprise is entitled to get the maximum 90% of the insured amount as indemnity.        FAQs     Q:  What is the insurance coverage provided by Sinosure? A:  Sinosure’s insurance coverage:  ① Commercial risk – Buyer goes bankrupt or becomes insolvent; buyer delays the payment for goods;  ② Political risk – The country or region where the buyer is located bans or restricts the buyer from paying for goods to the insured; bans the buyer from importing goods or revoke the import license that has been granted to the buyer; there is a war, civil war or riot that results in a failure of buyer to perform the contract; the third country through which the buyer has to makes payment issues the deferred payment order.    Q:  What is the maximum amount indemnified by Sinosure? A: After an enterprise purchases Sinosure’s export insurance, once the insurance becomes effective, Sinosure will indemnify the enterprise against the maximum 90% of the insured amount. (The insured amount must be within the buyer’s credit line)   Q:  How much is the Sinosure’s insurance premium? A:  Sinosure’s insurance premium may vary in country, region and payment period. Equation for premium: Insurance premium=Export amount specified in the customs declaration*Premium rate.    Q:  What if the buyer refuses to pay after the expiry of OA payment period? A：  ①Recourse payment for goods: Under normal circumstances, overseas buyer will make payment in accordance with the payment method signed on PO. If the buyer refuses to pay after the expiry of OA payment period, Fengya may recourse money from the overseas buyer through Sinosure after confirming with the enterprise.  ②Sinosure indemnity: Fengya will assist Sinosure in carrying out the credit investigation by issuing the relevant trading documents. If the trading background turns out to be true and accurate through investigation, and there is no default by seller, Sinosure will indemnify the maximum 90% of the factory’s insured amount.  ③Buyer’s credit records: If the overseas buyer fails to pay as per the order, after Sinosure makes a claim, the buyer’s dishonesty will be permanently recorded into the buyer’s credit system, any domestic company may inquire the buyer’s dishonesty record through Sinosure, and Sinosure can hardly approve any credit line to such disputed overseas buyer, which may directly affect its subsequent transaction. 

In order to reduce your risk in international trade, Fengya in collaboration with China Export & Credit Insurance Corporation (Sinosure) renders credit investigation service, help you understand the credit background of buyer (and the available credit line of buyer), avoid trading risk, and accept order at ease.      FAQs   Q: Under which circumstance should I investigate the buyer’s credit standing? A: You are advised to investigate the buyer’s credit standing if:  ① New customer places an order for the first time and makes payment in the form of sales on account;  ② Old customer places an order, but the payment period is long (sales on account); ③ In case of other circumstances where there is a payment period and there is a concern about the risk of money collection.      Q: What information should I provide to apply for the credit investigation on buyer? A: Buyer’s company name, company address, contact person, telephone number, e-mail, expected annual transaction volume, and the order signed with buyer.    Q: How long does it take to issue the credit investigation report? A:  ① Prior to your application for the investigation, if Sinosure, authorized by other enterprises in China Mainland, has investigated the credit standing of this overseas buyer, and has issued a report or has approved the credit line, the credit investigation report will be generally issued within 7 business days.    ②Prior to your application for the investigation, if Sinosure has not investigated the credit standing of this overseas buyer, or although the investigation has been conducted, the investigation report has expired or the credit line has expired, then another investigation is required, the credit investigation report will be generally issued within 15 business days.    Q: How much need I pay for the credit investigation on buyer? A: RMB 600-800. 

Fengya’s agent import and export products involve an extensive range from electrical appliances, handicrafts, stationery, textiles, daily necessities, auto parts, machinery, medical equipment, metals, furniture, sanitary ware, to wastes. The import formalities may vary from product to product. Many customers may incur unnecessary problems and trouble from the import process due to little knowledge about the import formalities. Our import team has a rich experience in products, help our customers avoid detours, and save their time and money.   In order to provide our customers with better service, Fengya has established a good relationship with banks, the adequate credit line will help them open L/C and address the difficulty of capital turnover. And tailor import solutions for each customer to solve their problems and get them out of trouble. 

In collaboration with China Export & Credit Insurance Corporation (Sinosure) and banking institutions, Fengya will provide you with one-stop credit insurance services ranging from credit investigation on buyer, credit export insurance, to advance payment for goods, so as to avoid you from trading risk, ensure safe payment collection, and quickly get the credit insurance export order of advance payment for goods.    Basic services   Credit investigation on buyer   Credit export insurance   Credit insurance financing     Entry conditions: Foreign trade production-oriented enterprise, with a certain production capacity.  Enterprise is a general taxpayer, incorporated for more than half a year Trading background should be true and accurate. Export goods through Fengya.  Foreign buyer has a credit limit at Sinosure.      Fees 1. Credit investigation fee: RMB 600-800/order 2. Sinosure insurance premium: Amount specified in the export declaration×premium rate 3. Credit insurance financing service fee:        Cooperation process 1 Credit investigation on buyer 2 Credit insurance coverage 3 Credit insurance financing