At the first classified enterprise management conference 2004 under the jurisdiction of Beijing Customs, CNTIC has been rated an A-Class Company. Beijing Customs has completed the classification adjustment recently. In accordance with the Notification of AA classification conferred by Beijing Customs, CNTIC will not be required to open a marginal deposit bank account for its processing and trading business.
The assessment was conducted by Beijing Customs according to the Measures of Classified Enterprise Management by Customs in the People’s Republic of China. Only 24 enterprises have been ranked A-Class in Beijing. The preferential status granted to CNTIC as an A-Class enterprise will facilitate its processing and trading business.