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Xiamen C&D Inc. Stock Code: 600153.SH

Stock Code: 600153.SH

C&D Mineral Resources Recognized as Xiamen's 100th AEO Advanced Certified Enterprise

Date: 2024-07-10 | Source:C&D Inc.
On June 28, C&D Mineral Resources, a wholly-owned subsidiary of C&D Steel Group under C&D Inc. (600153.SH), was officially awarded the AEO Advanced Certification by customs, becoming the 100th company in Xiamen to receive this certification.

Previously, 12 operation units and platform companies under C&D Inc. had already achieved AEO Advanced Certification. This latest certification for C&D Mineral Resources represents customs' high recognition of the company's import and export management standards. With this certification, C&D Mineral Resources will benefit from a range of advantages including prioritized customs clearance, reduced inspection frequency, lower customs costs, shortened processing times, and enhanced services. These benefits will significantly reduce the company's operational costs and improve business efficiency in customs clearance, boosting its international market competitiveness and facilitating the expansion of its global market share.

Currently, Xiamen is accelerating its development as a node city in the new development pattern, striving to create new advantages for high-quality growth. Under the professional guidance of Xiamen Customs and with strong support from the company's leadership at all levels, C&D Mineral Resources steadily advanced its AEO Advanced Certification process. The company met the high standards and stringent requirements of customs across various dimensions, including internal controls, financial health, compliance, and trade security standards, successfully obtaining this highly valuable "international passport".

Looking ahead, C&D Mineral Resources will leverage the AEO "international business card" to actively participate in customs initiatives promoting trade facilitation,  and continuously enhance its standardized and professional supply chain operations and management capabilities, provide more efficient and expedited supply chain services to customers in the domestic and international steel industry chains, actively embrace overseas development opportunities, and enhance international competitiveness.