(I) Policy Background

Some companies have resorted to "dummy exporting" to cut costs and evade taxes. While this has brought short - term convenience, in the long run, it has caused tax losses, disrupted market order, and tarnished the image of Chinese exports. The announcement aims to plug loopholes and promote a more standardized and transparent foreign trade industry.

(II) Evils of Dummy Exporting

1. Tax Losses: Dummy exporters evade VAT and other taxes through fake invoices and under - reporting export values, directly reducing national tax revenue.

2. Market Disorder: Low - cost, tax - evading dummy export products flood the market. Law - abiding companies can't compete on price and are put at a disadvantage, hindering industry development.

3. Damaged International Image: Low - price exports often lead to anti - dumping investigations, labeling Chinese products as "low - priced and low - quality" and harming the reputation of Chinese suppliers in international markets.

(I) Combating Irregular Operations and Regulating the Market

The new regulations stipulate that exports of taxable goods must be taxed like domestic sales, and companies must confirm tax registration before export. This blocks dummy exporting from the outset. In the stainless steel industry, some companies have dumped products via dummy exporting, disrupting market prices. After the regulations take effect, law - abiding stainless steel processors, with their product quality and service advantages, will gain more market opportunities, and competition will return to a virtuous cycle focusing on quality and innovation.

(II) Enhancing Corporate Compliance Awareness and International Competitiveness

With strengthened tax supervision, stainless steel exporters will focus more on compliance. Companies need to obtain legitimate import and export qualifications and improve financial management. Although compliance costs may rise in the short term, in the long run, this helps enhance internal management and boost international competitiveness. Law - abiding companies can better handle international trade rules and market changes, win the trust of international clients, and lay a solid foundation for sustainable development.

(I) Reduced Risk of Trade Frictions

Previously, some Chinese industries faced anti - dumping investigations due to low - price exports, bringing uncertainty to international trade. After the new regulations, Chinese exports will better align with international rules and pricing principles, reducing skepticism about low - pricing. Global importers can procure Chinese stainless steel products without worrying about trade frictions from pricing issues and can establish long - term, stable partnerships with Chinese companies.

(II) Enhanced Reputation of Made - in - China

As exports become more compliant and transparent, the credibility of Chinese suppliers will significantly improve. When choosing suppliers, global importers pay more attention to compliance and reputation. The new regulations will push stainless steel exporters to improve product and service quality to meet the requirements for compliant suppliers. This not only uplifts the image of Made - in - China but also offers global importers more high - quality and reliable purchasing options, promoting healthy international trade.

(III) Optimized Procurement Cost Structure

While the new regulations may cause prices of some low - cost, tax - evading products to normalize, in the long term, this helps optimize the procurement cost structure for global importers. Previously, although low - cost, tax - evading products seemed price - competitive, their poor quality and after - sales service exposed importers to higher potential risks. Partnering with compliant Chinese companies ensures stable quality and reliable after - sales service, reduces extra costs from quality issues, and achieves optimized and sustainable procurement cost control.

Since its establishment in 2006, CCY has always adhered to lawful and compliant operations and is an AEO - certified company by customs. Against the backdrop of the new regulations, CCY will continue to leverage its strengths, hold itself to higher standards, and ensure legal and compliant business processes.

(I) Upholding Compliance and Setting Industry Benchmarks

CCY will continue to embrace its business philosophy of "active innovation, pursuit of excellence, full - staff participation, and service to society", strictly abide by national laws, regulations, and international trade rules. As an AEO - certified company, it enjoys a good reputation in the customs credit system, which strongly supports its international competitiveness.

(II) Enhancing Product Quality and Strengthening Customer Trust

Quality has always been a top priority for CCY. It uses advanced equipment and efficient management to provide high - quality products like grinding, slitting, leveling, and special surface processing. Its long - term partnerships with world - class companies like GE and Whirlpool fully demonstrate the reliability of its products and market recognition.

(III) Sticking to Quality and Commitments and Creating Value for Customers

CCY is customer - oriented, dedicated to providing high - quality products and services. In the future, it will continue to stick to quality and commitments, create more value for customers through continuous innovation and optimization, and work hand in hand with global partners to tackle market changes and seize development opportunities.

In summary, taking the new regulations as an opportunity, CCY will further enhance its compliance and international competitiveness, contributing to the healthy development of the stainless steel industry. We believe that with the guidance of policies and the joint efforts of enterprises, China's stainless steel industry will showcase stronger competitiveness on the international stage and provide more high - quality and reliable products and services to global customers.