Xinsen Synthetic Fiber

Explanation of the Statistics on the Proportion of Low-Risk Suppliers at XinSen Technology

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2026-04-22

Fujian Xinsen Synthetic fiber Technology Co., Ltd. (hereinafter referred to as “Xinsen Technology”) conducts supplier assessments and rating evaluations (annually) in accordance with the provisions of the Supplier Management System. The upward or downward adjustment of a supplier’s rating serves as the basis for determining the quantity of purchase orders and the payment terms, and a “Supplier Evaluation Form” is prepared. Suppliers are evaluated and assessed according to the “Supplier Rating Classification,” with overall supplier ratings divided into four levels: A, B, C, and D. (Levels A and B are classified as low-risk suppliers, Level C as medium-risk, and Level D as high-risk.)

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