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Nantong Tongfu Receives Customs AEO Certification

Release date:

2020-08-17

On August 14, Nantong Customs ceremoniously presented certificates to five companies that have successfully obtained AEO certification. Among them, Nantong Tongfu Microelectronics Co., Ltd. was certified—making it the second company under Tongfu Group to achieve AEO status.

　　On August 14, Nantong Customs ceremoniously presented certificates to five companies that have achieved AEO certification. Among them, Nantong Tongfu Microelectronics Co., Ltd. successfully obtained the certification, making it the second company under Tongfu Group to earn AEO status.

　　AEO, which stands for "Authorized Economic Operator," refers to businesses that have been certified under internationally recognized standards. Customs authorities evaluate companies based on their creditworthiness, compliance records, and robust security management systems. Businesses holding this certification can enjoy streamlined customs procedures when trading with partner countries and regions, significantly reducing trade-related costs such as port fees, insurance expenses, and logistics charges.

　　Tongfu Microelectronics is the sole enterprise from Nantong Customs among the two pilot companies within the Nanjing customs area. By obtaining AEO certification, Tongfu Group can streamline its material distribution more effectively while also benefiting from enhanced preferential policies.