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Tax Rate Adjustment Notice

Tax Rate Adjustment Notice

Dear Suppliers: First of all, we would like to express our sincere gratitude for your close cooperation and strong support over the years to Zhejiang Zhongji Foundry and Forging Co., Ltd. According to Announcement No. 39 of 2019 issued by the Ministry of Finance, the State Taxation Administration, and the General Administration of Customs, “Announcement on Policies Related to Deepening VAT Reform”: Starting from April 1, 2019, for general VAT taxpayers engaging in VAT‑taxable sales activities or importing goods, the tax rate applicable to those previously subject to 16% will be adjusted to 13%, and the rate applicable to those previously subject to 10% will be adjusted to 9%. Our customers have requested that the tax‑exclusive prices remain unchanged; accordingly, we are asking all suppliers to maintain their tax‑exclusive prices without increasing our company’s…

29

2019

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03

In 2019, the company organized a voluntary blood donation event.

In 2019, the company organized a voluntary blood donation event.

On March 6, 2019, the company organized a voluntary blood‑donation event to show compassion. A large number of employees enthusiastically participated in this public‑service initiative, rolling up their sleeves to donate their precious blood.

29

2019

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03

Wishing all our new and existing customers a joyful Christmas and a happy New Year! Merry Christmas & Happy New Year!!!

Wishing all our new and existing customers a joyful Christmas and a happy New Year! Merry Christmas & Happy New Year!!!

Wishing all our new and existing customers a joyful Christmas and a Happy New Year! Merry Christmas & Happy New Year!!!

21

2018

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12

Zhejiang Zhongji Foundry and Forging Co., Ltd.

Zhejiang Zhongji Foundry and Forging Co., Ltd.

The company primarily engages in the research and production of bearing forgings and machined components, and is a private enterprise that has introduced high-speed forging production lines. It has successfully obtained certifications under IATF 16949 for quality management, ISO 14001 for environmental management, OHSAS 18001 for occupational health and safety, and ISO 50001 for energy management, as well as passed audits by major automakers such as BMW and Volkswagen. The company has become a partner to global bearing industry leaders including FAG, SKF, and NTN, and is recognized as a national-level high-tech enterprise.

03

2018

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04

Why choose us?

Why choose us?

The company primarily engages in the research and production of bearing forgings and machined components, and is a private enterprise that has introduced high-speed forging production lines. It has successfully obtained certifications under IATF 16949 for quality management, ISO 14001 for environmental management, OHSAS 18001 for occupational health and safety, and ISO 50001 for energy management, as well as passed audits by major automakers such as BMW and Volkswagen. The company has become a partner to global bearing industry leaders including FAG, SKF, and NTN, and is recognized as a national-level high-tech enterprise.

03

2018

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04

The website of Zhejiang Zhongji Foundry and Forging Co., Ltd. has been launched.

The website of Zhejiang Zhongji Foundry and Forging Co., Ltd. has been launched.

The company primarily engages in the research and production of bearing forgings and machined components, and is a private enterprise that has introduced high-speed forging production lines. It has successfully obtained certifications under IATF 16949 for quality management, ISO 14001 for environmental management, OHSAS 18001 for occupational health and safety, and ISO 50001 for energy management, as well as passed audits by major automakers such as BMW and Volkswagen. The company has become a partner to global bearing industry leaders including FAG, SKF, and NTN, and is recognized as a national-level high-tech enterprise.

03

2018

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04

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