I would like to draw your attention to a very recent desperate approach for taking advantage of one’s naivety and trust. Cyclolab has been contacted for a substantial order for fine chemicals by a Chinese company not specialized in chemicals (Xi’an Nuo Lang Trading CO., Ltd, Business License:91610133MA6UQ9X955, Address: No.10 Rongxin Road, Yan Ta District, Xi’an City, Shaanxi Province, The People’s republic of China (PRC), TEL:+86-29-6303-5040, Zip Code: 710065).
The story was a bit to good to be true, promising contacts and conditions, all pre-paid with a single suspicious stipulation: the contract needs to be signed in person and at their headquarters. After stubbornly insisting on these conditions despite offering alternatives, a small “detective” work revealed that similar schemes are often performed to lure honest companies.
In short, this is how it goes based on what we learned and experienced:
They promise a big order, and rarely negotiate the prices. They say that they will prepay and would even sign a contract on it. However, they always want to meet you. In meeting they build up a big future cooperation. However, in the end, they always find some small cost like an import certificate, bank fee, administration fee for the notary office, etc., which is small (1%) compared to the total sum. They then want you to pay 50% of that cost before they can send you any money. When done, you will never hear about them again.
Be careful guys!
Check this out:
Wow, this is extremely useful, thank you!
Very usefull feed back, – they have just contact my young food start up with exactly the same way.
as it was a bit to good to be true, my investigation drives me to your greatfull feed back.
Thank you very much – BR – Jacky
You are very welcome Jacky 🙂
Exactly what I endured unfortunately last year…
Pity I didn’t read this post before I traveled to China to meet & sign the contract
How do these people get away with this let alone live with themselves.?
DO NOT USE THIS COMPANY UNDER ANY CIRCUMSTANCES