About Cehe Company
Dedicated to boilers, pressure vessels, petrochemical equipment, wind power equipment, marine vessels, etc.Wuxi Cehe Trading Co., Ltd., established in August 2008, has been committed to steel trading (boiler and pressure vessel plates) since its inception. Looking back, 2008 was a special year. From March of that year, Chinese steel prices, like A-shares, rose steadily. However, in August, affected by the US subprime mortgage crisis, China's severe overcapacity in steel production led to a sharp price drop, ultimately halving the price. Recovery was later achieved through the national four trillion yuan infrastructure plan. In 2015, Chinese steel traders experienced a repeat of 2008, this time in a more dramatic fashion, with carbon steel prices inexplicably falling to 1600 RMB/ton. Amidst these market fluctuations, we navigated like thin ice, cautiously learning and growing.
Adhering to the development philosophy of "driving diversification through specialization, and achieving scale through diversification," the company started with boiler and pressure vessel steel plates, later adding gas cylinder steel, and gradually expanding to enamel steel for heat exchangers in thermal power plants, enamel steel for other appliances, weathering steel, and even steel for household appliances. Through customer referrals and a strong reputation built over many years, the company further enriched its product range by adding shipbuilding plates, automotive steel plates, high-strength steel plates, and more.
Choosing a reliable supplier is a crucial issue that every importing company must consider, just as important as finding good customers. You've likely heard of companies being deceived by unscrupulous Chinese steel trading suppliers. The methods of deception are endless, a typical example being the fabrication of company qualifications. Newly established companies often claim decades of experience, attracting customers with below-market prices. Once they receive a deposit, they demand price increases under various pretexts, or use inferior steel, or reduce the quantity shipped, or sometimes simply refuse to deliver. In such cases, there's often no recourse; even international litigation cannot resolve the financial losses. This is because their company's purpose is not profit-making. The legal representatives of these companies are often elderly individuals with no viable assets for enforcement in court. We abhor this practice for three reasons: first, it damages the image and reputation of Chinese businesses; second, it undermines traditional Chinese values; and third, it violates the essence of commerce.
To help prevent or reduce the occurrence of such incidents, I've provided two Chinese websites for searching company information, which I hope will be helpful:
1. China's National Enterprise Credit Information Publicity System (https://www.gsxt.gov.cn) is the official website of the Chinese government. User registration is required to access information.
2. Tianyancha (https://www.tianyancha.com) is a third-party paid website where you can find company names, registration dates, registration status (operating status), registered capital, number of employees, etc. Legal proceedings and other information are also available for a fee. It's particularly important to be wary of companies claiming to be steel manufacturers. Like in your country, investing in a steel manufacturing plant (which doesn't actually produce steel but purchases and rolls billets) requires hundreds of millions of yuan. Most of what you see are actually steel traders.
