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Factory Under Auction Still Shipping Goods? Uncover the Hidden Risks!

Factory Under Auction Still Shipping Goods? Uncover the Hidden Risks!

Discover how to identify potential supplier risks before they disrupt your supply chain. Learn about warning signs and how CheckSonar can protect your business.

Factory Under Auction Still Shipping Goods? Uncover the Hidden Risks!

2025-05-29

Imagine this: you're working with a supplier whose factory equipment is being auctioned off, yet they continue shipping goods as if nothing is wrong. How do you know if this is a sign of deeper trouble? Cross-border buyers face these kinds of challenges daily, but ignoring them could cost you millions.

Warning Signs Every Buyer Should Know

  • Core equipment listed for judicial auction
  • Numerous unresolved legal cases
  • Suspected shell company operations
  • Severe financial instability
  • Zombie companies operating without profits

These red flags are just the tip of the iceberg. Without proper due diligence, businesses risk falling victim to fraud, supply chain disruptions, or worse.

Introducing CheckSonar: Your AI-Powered Risk Intelligence Platform

CheckSonar leverages authoritative data from over 340 million social entities in China, analyzing more than 100 dimensions of enterprise information. Here’s what sets it apart:

Data Coverage

Covering an extensive network of 340 million Chinese social entities, CheckSonar ensures comprehensive insights into every aspect of your suppliers' operations.

Risk Dimensions

With 100+ dimensions of enterprise data, we track judicial risks, operational issues, tax violations, and more—providing actionable intelligence at machine speed.

Technology

Precision-driven AI analytics deliver real-time risk scoring with 99.3% accuracy, enabling proactive mitigation strategies that save both time and money.

Key Benefits of Using CheckSonar

  • Reduce operational costs to one-tenth of traditional methods
  • Receive detailed reports within 30 seconds
  • Compress risk assessments from days to sub-minute execution
  • Avoid blind spots with second-precision alert systems

Customer Success Stories

“The core factory building of a Shenzhen circuit board factory was listed for judicial auction, and we received an early warning via CheckSonar's report.”

“Last year, due to Dongguan Motor Factory concealing $3 million in triangular debt, our production line was halted for two weeks. Now, with CheckSonar's reports, the financial risks of each supplier are easily accessible.”


What risk types can CheckSonar detect?

CheckSonar detects over 100 dimensions of risk, including judicial disputes, tax violations, defaults, and shell company activities.

Do the 340 million covered social entities include enterprises outside of China?

No, the coverage focuses exclusively on entities within China, ensuring deep and accurate insights tailored to cross-border trade scenarios.

Will sensitive corporate data be leaked?

Absolutely not. All data handled by CheckSonar is processed securely and complies with strict privacy standards.

Is there a free trial?

Yes, new users can access limited free trials to experience the platform’s capabilities firsthand.

Is a printable version of the report available?

Yes, all reports generated through CheckSonar are available in a downloadable and printable format for convenience.

Mitigate Financial Risks: Deep Dive into Supplier Profiles

Verify your Chinese suppliers immediately and obtain a risk information report.

Sign Up Now

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