Jingxin Sourcing

COMMERCIAL FRAMEWORK

Commercial Terms & Conditions.

Institutional parameters governing international sourcing agency mandates, on-site factory floor quality audits, proprietary tooling agreements, and multimodal cargo fulfillment.

Standard Framework: Incoterms® 2020
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Governing Law: Bangladesh & P.R. China
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Arbitration: CIETAC & Commercial BD
PILLAR 01 FIDUCIARY AGENCY SCOPE

Buyer-Side Representation & Agency Scope

Jingxin Sourcing acts as a procurement and sourcing representative for international buyers. Commercial terms, fee structures, and service arrangements are agreed upon per project scope and commercial agreement.

100% open-book factory invoices and verified unit costs
Agreed commercial terms and transparent service scope
PILLAR 02 QUALITY GOVERNANCE

On-Site Factory Audits & Inspection Standards

All factory evaluations and production assessments involve physical on-site inspections conducted by Jingxin inspection staff. Quality control sampling can use ISO 2859-1/AQL sampling where appropriate to the agreed inspection scope. We provide comprehensive photo and video logs before cargo dispatch.

Mandatory physical workshop verification before PO release
ISO 2859-1/AQL sampling aligned to agreed scope
PILLAR 03 ASSET PROTECTION

Custom Tooling, Injection Moulds & Buyer IP Title

All bespoke injection moulds, stamping dies, extrusion tooling, and specialized jigs funded by the buyer remain the exclusive proprietary asset of the client. Jingxin executes enforceable bilingual tooling contracts under Chinese and international law, establishing unambiguous legal title retention and prohibiting tooling modification, domestic unauthorized runs, or factory hostage claims.

100% legal ownership of moulds retained by buyer
Pre-agreed tooling amortization and retrieval clauses
PILLAR 04 MILESTONE TERMS

Production Milestone Gating & Payment Release

Payment schedules, production milestones and any inspection requirements are agreed according to the applicable project quotation, purchase terms or service agreement.

Payment terms and milestone criteria defined in project agreements
Direct local corporate invoicing via Bangladesh and China hubs
PILLAR 05 LOGISTICS ALLIANCE

Multimodal Freight & Incoterms® Allocation

Risk allocation, freight liability, and cargo transfer are defined under the agreed International Chamber of Commerce (ICC) Incoterms® specified in each commercial quotation (such as EXW, FOB, or CIF). For FOB terms, risk transfers to buyer carrier upon container loading past the ship's rail at the designated origin port of departure, or Chattogram.

Comprehensive ocean bill of lading and export customs clearance
Complimentary LCL consolidation at our Yiwu facility
PILLAR 06 LEGAL RECOURSE

Dispute Resolution & International Arbitration

In the event of a commercial disagreement or defect non-compliance, parties commit to a mandatory 14-day amicable consultation period. Unresolved disputes shall be referred to and finally resolved by arbitration administered by the China International Economic and Trade Arbitration Commission (CIETAC) or the Courts of Bangladesh, depending on the contract entity origin.

Mandatory 14-day amicable commercial mediation
Binding arbitration under CIETAC or Bangladesh commercial courts

Executing an Institutional Enterprise Contract?

We provide tailored Master Services Agreements (MSA) incorporating bespoke service scopes, dedicated procurement support, and volume fee tiers.