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Warehousing

Warehousing service charging standards and specifications

Thank you for choosing our warehousing services. To ensure the safety of your goods, optimize the use of storage resources, and provide you with more efficient and transparent service, we have formulated these fee standards and regulations. Please read them carefully.

Basic Storage Fee

  1. Fee: USD 8/sq.m./month.
  2. Billing Method: ○ Billed based on the actual storage space used. ○ Area calculation is based on the maximum enclosing rectangle of the shelf or floor space occupied by your goods.

Long-term Immovable Goods Disposal Policy and Surcharges

If there is no sales or shipment activity for all products (all SKUs) under your account, the following process will be triggered to effectively manage storage resources:

  1. Triggering Conditions: No sales or shipments have been made for any SKU in your account for more than 15 consecutive days.
  2. Processing and Fee Instructions:
    Once a condition is triggered, we will send you a reminder via email or notification from your account manager and proceed as follows:

Stage

Time point (example)

Notification content

Fee status

First reminder

The beginning of the first month (e.g. September 1st)

Your account will be notified that the rule has been triggered. Storage fees will be charged on all inventory starting October 1st, with the final destruction date being December 7th.

No current fees

Billing starts

Early second month (e.g. October 1st)

Official notification of the start of billing and reiteration of the destruction date (December 7).

Start billing

One period fee

Early third month (e.g. November 1st)

Send the October storage fee bill and remind the destruction date again.

First month fee charged

Final notice

Early 4th month (e.g. December 1st)

Send final bill for October & November stating that all inventory will be destroyed 7 days later (December 7th).

Charge full fee

The process description is based on the last delivery date being August 15th.

● Additional storage fee: Starting from the second month after the trigger (such as October in the example), all your inventory will be charged a normal base fee of US$8/square meter/month without any additional surcharge. (Note: Here, only the base fee is charged as per your request. If you need to add a surcharge, you can modify this clause)

● Destruction terms: If we have not received your processing instructions or paid all fees within 7 days after the final notification, we have the right to destroy all inventory in your account, and the resulting losses shall be borne by the customer.

  1. payment terms
  1. Please complete payment within 97 calendar days of the initial notification.
  2. If payment is not made within the specified timeframe, we reserve the right to dispose of all inventory at our sole discretion.
  1. Customer Responsibilities
  1. Please ensure that the contact information you provide is accurate and valid, and check notifications promptly. Any losses incurred due to incorrect contact information or failure to promptly check notifications will be borne by the customer.
  2. For inventory that is about to trigger or has already triggered the Long-Term Immobilization Policy, please promptly arrange for disposal (e.g., sale, return, or destruction).
  1. Effective date

These fee schedules and regulations are effective from the date of publication. Thank you again for your cooperation and understanding. If you have any questions, please feel free to contact your account manager or the customer service center.