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Xinfengming Group Co Ltd and its subsidiary, Tongxiang Zhongyi Chemical Fiber Co Ltd, received Authorized Economic Operator (AEO) certificates from Jiaxing Customs on Aug 14, bringing the total number of members in Jiaxing's AEO enterprise team to 32.

Xinfengming Group, a leader in the chemical fiber industry, integrates PTA, polyester, polyester spinning, and import-export trade. With its annual production capacities of PTA and polyester ranking among the top three globally, the company is recognized as a national manufacturing champion and one of China's top 500 enterprises. It operates over 20 subsidiaries across four major bases in Zhejiang and Jiangsu.

In recent years, the company has been shifting from a domestic market focus to expanding its presence in international markets, and the AEO certification is a crucial step toward achieving this goal.

AEO-certified enterprises enjoy numerous benefits, including priority processing of import and export goods, reduced audit frequency, and lower inspection and quarantine supervision frequencies. They also benefit from customs facilitation measures in 28 economies and 54 countries that have mutual AEO recognition with China.

"The simultaneous AEO advanced certification of both companies is truly a double blessing. With this 'golden business card', we are more confident in competing in the international market," said Lin Zhenyong, vice-president of Xinfengming.