When you are looking for a solar product website. It is important to do your research to make sure you are not getting scammed. There are many Chinese scams out there in china. So you want to be sure that the website you are looking at is legitimate. A common mistake is to assume that if a website exists, then the company must be legitimate. Unfortunately, this is not always the case. Scammers often copy the contents of existing websites, including the address, photos, and logo. If you’re looking to buy solar products from China, be sure to confirm the existence of the company first. A simple Google search will often reveal helpful information. Don’t be scammed – do your research!
Many scams are associated with Chinese companies, especially those that operate online. One of the most common is the use of false information on websites. This can include anything from the company’s address to the length of time it has been in business. Just yesterday a customer sent us a company website, saying that they want to buy from them, as this is a renowned group of companies present on the market since 1999. But a quick check of their registry reveals that the company was set up in 2020, has a registered capital of 5 million RMB, and 0 RMB of it was paid. It does not mean that the company is unreliable, but cooperation with them is risky.
Verifying information you find on a Chinese company’s website is important. This includes the address of the company’s registration and the date the website was registered. You should also confirm the company’s industry and whether it is a manufacturer or intermediary. If you are looking to partner with a Chinese company on solar products it is important to make sure that the information on their website is accurate.
Are you thinking about importing solar products from China beware of potential scams? There are many reputable Chinese manufacturers of solar panels, batteries, and inverters. However, there are also a number of unscrupulous operators who are looking to take advantage of unsuspecting buyers that cannot verify their reliability. One of the most common scams is the sale of products that do not meet the specifications that have been advertised. For example, a buyer may be promised a solar panel that has a certain power output, but when the panel arrives it is of lower quality and output than advertised. If you are thinking of importing solar products from China, it is important that you do your research and only deals with reputable manufacturers. Be sure to get written quotes and detailed specifications for any products you are interested in, then add them as an attachment to the purchase contract. If you are scammed, you may be able to get your money back, but it is lengthy and expensive process. So it is better to avoid scams in the first place by verifying companies and products.
As the Coronavirus pandemic continues, we are seeing an increase in cases of Chinese scams, as well when it comes to solar products. Many B2B companies are dealing with untrustworthy suppliers, so there are a few red flags to watch out for when dealing with Chinese suppliers. By following these tips, you can protect yourself from Chinese scams and ensure that you get the solar products you need:
Unstable global situation, rising electricity prices and the outbreak of the novel coronavirus has led to a surge in demand for solar products. However, this increase in demand has also led to a rise in solar scams, with unscrupulous suppliers selling fake or substandard products.
In one recent case, a Chinese company was caught selling solar panels with falsified safety certificates. The panels were found to be made of substandard materials and did not meet the required safety standards. As a result, the company was forced to recall the panels and refund the customers who had purchased them.
If you have been the victim of a solar scam in the first place you have to check signed contract, and communication that can prove that you are the victim. With enough evidence you should negotiate with the supplier available solutions. If this stage will not resolve the problem, then you should contact your local Chamber of Commerce, which can further recommend solutions and relevant law firms to deal with the case.
The Chinese solar panel scam is a relatively new phenomenon. However, it is already causing big problems for solar panel manufacturers and importers all over the world. The scam works like this:
This scam is especially prevalent on Alibaba, the world’s largest online marketplace. On Alibaba Chinese, solar panel manufacturers and suppliers are able to reach a global audience of buyers. The way Alibaba works, it is very difficult for buyers to verify the identity or track down the location of the Chinese sellers. Making it easy for scammers to operate with impunity.
So far, there have been hundreds of cases of the Chinese solar panel scam, with victims located in countries all over the world. The total amount of money lost is estimated to be in the millions of dollars.
Another scam involves the scammers posing as a solar panel manufacturer or supplier and offering solar products at significantly lower prices than the market rate. They will then request that the payment be made to a bank account that does not belong to the company. It can also happen that just before the payment, you are informed that urgent change to the bank account numbers has to be made. You are provided with the new bank account, and just after the payment the supplier informs you that their email account was hacked, and the new bank address was provided by the hacker, while they are a reliable supplier, also a victim of the scam.
To avoid becoming a victim of this type of scam, it is important to always double check recipient account. Always confirm the bank account details that you are sending the payment. If you have any doubts, do not hesitate to ask for more information or clarification using other mean of contact, i.e. by the direct phone call.
Especially these days it is not easy to go to China to visit the factory and personally assess the product. Many business owners decide not to hire another company to do quality checks, thinking of it as a way of saving money. However, without proper inspection during production or before shipping, the supplier might send out a sub-standard product. Even reputable suppliers make mistakes when packing the final goods. In that case, the importer might face additional costs or even lose the investment entirely if the product cannot be sold. Like in the case of prepayment extortion, without a contract under Chinese law, the importer cannot do anything after the product has arrived.
This is especially important for solar panel products, as solar batteries and inverters need to meet certain requirements to ensure safety and optimal performance. By having a third-party quality control company inspect the products during production, you can be sure that the solar panel products you receive are up to par and won’t cause any issues down the line.
As the Coronavirus continues to spread across the world, we want to remind our readers to be extra careful when conducting business transactions with Chinese partners. This is because, unfortunately, scammers have been taking advantage of the situation by posing as legitimate Chinese businesses. We cannot stress enough the importance of verifying a Chinese company’s credentials and inspecting their products before making any payments. We also discourage transferring money to China without first knowing who you are dealing with. In these uncertain times, it is more important than ever to be vigilant.
SkyAbound is a trusted and reliable supplier in China for B2B companies for 12 years. So, contact us to Import solar products to the EU and worldwide.