Warmly congratulate Zhejiang Ouyi Bearing Manufacturing Co., Ltd. on being awarded the title of "AA level contract abiding and trustworthy unit of Zhejiang Industrial and Commercial Enterprise"
Enterprise integrity performance is an important way to achieve credit economy and legal economy. The administrative authorities for industry and commerce carry out in-depth publicity activities of "abiding by contracts and valuing credit" in enterprises, which is an important component of promoting the construction of enterprise credit. It is not only an objective need to improve China's socialist market economy system, but also a fundamental strategy to rectify and regulate the order of the market economy. Doing this work well has important practical significance in creating a harmonious and safe market trading environment and maintaining a fair and orderly market economic order.
In recent years, with the active support of local party committees and governments, administrative authorities for industry and commerce at all levels have conscientiously implemented the spirit of the State Council's "Eleventh Five Year Plan", which focuses on improving credit records for credit, tax payment, contract performance, and product quality, accelerating the construction of a social credit system, and improving the system for punishing dishonesty, Implementing the work deployment of the Several Opinions on Deepening the Activities of "Observing Contracts and Valuing Credit" issued by the State Administration for Industry and Commerce (Gong Shang Shi Zi [2006] No. 16), based on the objective record of enterprise contract performance, enterprises with contract credit reaching the standard of "Observing Contracts and Valuing Credit" shall be promptly disclosed to the whole society on the basis of soliciting opinions from relevant administrative departments, industry organizations, etc, It has played a positive exemplary and guiding role in promoting the formation of the concept of credit in the entire society.
After careful evaluation by the issuance center of the Zhejiang Administration for Industry and Commerce, Zhejiang Ouyi Bearing Manufacturing Co., Ltd. has been awarded an AA credit rating. The certificate was issued in August 2011 and is valid for three years.