Thornfield Resources · Full Supplier Check
Example Electronics (Shenzhen) Co., Ltd
示例电子（深圳）有限公司
Verdict
Proceed only after three changes. The company is real, active and has no court problems. But it is a trading company: moulding is done at a related factory in Dongguan, the bank account on the invoice belongs to a third company in Hong Kong, and the quote says the mould is yours while it will sit at a company you have no contract with. All three are common and fixable before you pay. None of them should be left as they are.
Summary of findings
| Check | Result | Finding |
|---|---|---|
| 1. Official registration | Green | Active since March 2014. Name and credit code match the quote and contract. |
| 2. Factory or trader | Amber | Registered and operating as a trading company. Production is at a related company in Dongguan. |
| 3. Owners and related companies | Green | Stable ownership for 6 years. The Dongguan factory shares the same majority shareholder. |
| 4. Courts and enforcement | Green | No enforcement cases, no dishonest-defaulter listing. Two small contract cases, both closed. |
| 5. Call to the supplier in Mandarin | Amber | Confirmed moulding is outsourced to the Dongguan company. Lead time given on the call is longer than the quote. |
| 6. Bank details and tooling terms | Red | Payee is a Hong Kong company not named in the contract. Mould ownership clause does not cover the company holding the mould. |
| 7. Can they make your product? | Green | The Dongguan factory's stated equipment and certified quality system fit this order. |
Read the full report
The rest of this sample shows our recommendations before payment, the detailed findings with every source, and the limits of the check. Tell us where to send it and you can read it here and download the PDF.
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Before you pay: what we recommend
- Pay only the company you contract with. Either the invoice is reissued with a bank account in the name of Example Electronics (Shenzhen) Co., Ltd, or your contract is changed so the Hong Kong company is a party. Ask the supplier for this in writing, on company letterhead with the company seal.
- Put the mould holder on paper. Add a short mould agreement signed and sealed by both the Shenzhen company and the Dongguan factory: you own the mould, it is marked with your name and mould number, it is used only for your orders, and it is released to you within an agreed time on request.
- Hold the tooling payment until the above is signed. Then keep the usual 30% deposit and 70% balance, with the balance released after a pre-shipment inspection.
- Optional: a Site Verification visit to the Dongguan address before first production, to confirm the factory and machines are there.
These are commercial steps, not legal advice. For contract wording, use a lawyer qualified in the law that governs your contract.
Detailed findings
1. Official registration
| Chinese legal name | 示例电子（深圳）有限公司 |
|---|---|
| Unified Social Credit Code | 914403•••••••••••X (shown in full in client reports). Matches the contract and quote. |
| Status | 存续 (in existence, active) |
| Date set up | March 2014 (12 years) |
| Legal representative | Mr Wang (full name in client report) |
| Registered capital | RMB 5 million subscribed. Annual reports show capital paid in. |
| Business scope | Sale of electronic products and components, import and export of goods. No manufacturing activities listed. |
| Annual reports | Filed every year 2014–2025. Social insurance paid for 9 employees in the 2025 report. |
Source: National Enterprise Credit Information Publicity System (gsxt.gov.cn), searched 13 October 2026.
2. Factory or trader
The supplier's Alibaba page and emails call it a "factory". The records say otherwise: the business scope is sales and import/export only, it has 9 insured employees, and its registered address is an office floor in a commercial tower in Futian, Shenzhen, not an industrial area.
This is not a problem in itself. Many good suppliers are traders working with their own or a partner factory. It matters because your contract, your payment and your mould should all point to companies that are legally tied to each other.
Sources: gsxt.gov.cn business scope and annual reports; supplier's Alibaba storefront and emails supplied by you; our call (see 5).
3. Owners and related companies
Two individual shareholders (70% and 30%), unchanged since 2020. The 70% shareholder also holds 60% of Example Precision Moulding (Dongguan) Co., Ltd, set up in 2016, whose business scope includes injection moulding and electronic assembly, with 64 insured employees in its 2025 annual report. No look-alike companies with similar names found in Shenzhen or Dongguan.
The Hong Kong company on the invoice, Example Trading (HK) Limited, is listed in the Hong Kong Companies Registry as live, set up in 2019. Its shareholders are not public without a paid filing search, so we could not confirm who owns it.
Sources: gsxt.gov.cn shareholder and investment records for both mainland companies; Hong Kong Companies Registry (ICRIS) company search, 13 October 2026.
4. Courts and enforcement
No enforcement cases and no listing as a dishonest defaulter for the Shenzhen company, the Dongguan company or the legal representative. Two published contract judgments (2019 and 2022), both sales disputes under RMB 60,000, both closed. Nothing about quality fraud or non-delivery.
Sources: China Judgements Online (wenshu.court.gov.cn); China Enforcement Information Disclosure (zxgk.court.gov.cn), searched 13 October 2026.
5. Call to the supplier in Mandarin
We called the number on the business card on 13 October 2026 and spoke to the sales manager, Ms Li, for 25 minutes.
- Asked where housings are moulded, she first said "our factory", then confirmed it is the Dongguan company, "our boss's other company".
- She said production lead time is 35 days after sample approval. Your quote says 25 days.
- She said the Hong Kong account is used "for all overseas customers, it is faster". She offered to provide a Shenzhen RMB account on request but not a USD one.
- She was open, answered all questions and agreed to a video walk-through of the Dongguan workshop.
Source: our call notes, 13 October 2026 (full notes in client report).
6. Bank details and tooling terms
Bank details. The invoice asks for payment to Example Trading (HK) Limited, a company that is not a party to your contract and whose ownership we could not confirm. If something goes wrong, the company you contract with can say it was never paid, and the company that was paid owes you nothing under the contract. This is the most common route by which buyers lose deposits, including through hacked email changing bank details. Treat any later change of bank details by email as fraud until confirmed by a call to a number you already have.
Tooling. The quote says "Mould fee US$8,500. Mould belongs to buyer." It does not say where the mould will be kept, who holds it, or how and when you can take it back. The mould will be at the Dongguan factory, which is not a party to your contract.
Sources: invoice PI-0928 and quotation supplied by you; Hong Kong Companies Registry; our call (see 5).
7. Can they make your product?
From the equipment list the supplier sent and the call: 14 injection moulding machines (90–280 tonnes) and two SMT lines at the Dongguan site. That is suitable for housings of this size and a 5,000-unit run. The Dongguan company holds an ISO 9001 certificate valid to 2027, which we confirmed on the official certification database. The supplier says it exports to Germany and Poland; we have not independently confirmed this.
UKCA or CE marking and the safety testing for a mains-powered smart plug are your responsibility as the seller in Great Britain. Ask the supplier for its test reports and check them with your test lab.
Sources: equipment list supplied by the supplier; China National Certification and Accreditation Administration certificate search (cx.cnca.cn), 13 October 2026.
Limits of this report
This report is based on official records, information from the company and our own enquiries at the dates shown. It is not legal advice, a credit rating or a guarantee of future conduct. We did not visit the premises. Thornfield Resources is paid only by the client and receives no payment of any kind from the suppliers it checks.
Followed by a 20-minute call to go through the findings and next steps.