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Haiyang Libenli Body-Building Apparatus Co., Ltd. Supplier Evaluation

18.07.26 0 Comments Posted by

Executive Summary

Haiyang Libenli Body-Building Apparatus Co., Ltd. is a China-based supplier located in Shandong, with a reported factory area of 22,000+㎡ and 190+ staff. Based on the provided data, the company appears to be a medium-sized manufacturing supplier focused on resistance bands, bungee cords, bungee trampoline accessories, and related elastic fitness products. Its profile shows strong platform credibility, including 12 years as a Gold Supplier, Trade Assurance support, and verified supplier status. Business activity is moderate to solid, with 200+ orders and CN¥1.2M+ transaction value over the past six months, supported by a 4.7 store rating and 40+ reviews. However, delivery performance is a notable concern, with an on-time delivery rate of 78.8%, which is below the preferred 80–90% benchmark. This supplier is most suitable for buyers seeking established elastic fitness product sourcing with moderate order volume, while delivery control should be closely managed.

Haiyang Libenli Body-Building Apparatus Co., Ltd.

Detailed Analysis

1. Company Strength

Basis
- Factory location: Shandong, China
- Factory area: 22,000+㎡
- Employees: 190+ staff
- Verified supplier: True

Elaboration
The supplier has a clearly stated physical manufacturing base with a sizable factory area and a workforce of over 190 employees. This indicates more than basic trading capability and suggests the supplier has meaningful production infrastructure for elastic fitness and bungee-related products. The verified supplier status further strengthens confidence that the company has undergone some level of supplier or factory validation.

Scoring Rationale
The company does not reach the highest tier because the available data does not indicate very large-scale production capacity, multiple factories, advanced automation, or detailed factory certification records. However, the factory size, employee count, and verified status support classification as a stable medium-sized factory with credible manufacturing capability.

Final Score
17 / 20

2. Platform & Compliance Credibility

Basis
- Gold Supplier: True
- Gold Supplier duration: 12 years
- Trade Assurance: True
- Verified supplier: True
- Platform tags: Low MOQ for customization, Response time ≤6h, On-time delivery 78.8%

Elaboration
The supplier has a long operating history, with 12 years as a Gold Supplier, which provides a strong platform credibility signal. Trade Assurance support adds transactional protection for buyers, while verified supplier status improves confidence in the legitimacy of the business profile. The listed platform tags also provide additional operational transparency, especially around customization MOQ, response time, and delivery performance.

Scoring Rationale
This is one of the supplier’s strongest areas. A 12-year Gold Supplier record, Trade Assurance, and verification together represent a strong platform trust profile. The score is not a full 20 because the provided data does not include detailed third-party factory audit reports, named management system certifications, or complete compliance documentation.

Final Score
19 / 20

3. Business Performance

Basis
- Past six-month orders: 200+
- Past six-month transaction value: CN¥1.2M+
- Store rating: 4.7
- Reviews: 40+

Elaboration
The supplier shows active commercial performance on the platform, with over 200 orders and CN¥1.2M+ in transaction value during the past six months. This indicates that the supplier has ongoing buyer activity and a commercially validated product offering. The 4.7 rating is positive, while 40+ reviews provide some customer feedback base, though not a very large review volume.

Scoring Rationale
The supplier demonstrates stable mid-level business activity rather than low-volume or unproven performance. However, the transaction and review scale do not indicate a top-tier high-volume supplier. The rating is strong, but the relatively limited review count prevents a higher score.

Final Score
16 / 20

4. Service Capability

Basis
- Communication response time: ≤6h
- Platform tag: Low MOQ for customization
- Full Customization: Insufficient Data

Elaboration
The supplier’s response time of within six hours suggests acceptable communication efficiency for routine sourcing inquiries. The “Low MOQ for customization” tag indicates some customization-related flexibility, particularly for smaller buyers or trial orders. However, the provided data does not confirm whether the supplier supports full customization, design development, private labeling, packaging customization, or technical sampling services.

Scoring Rationale
Service capability is adequate but not exceptional. The response time is reasonable, but it does not meet the ≤1 hour level required for the highest score range. Customization capability is partially supported by the low-MOQ customization tag, but the absence of confirmed Full Customization data limits the score.

Final Score
7 / 10

5. Delivery Performance

Basis
- On-time delivery rate: 78.8%

Elaboration
The supplier’s on-time delivery rate is 78.8%, which places it below the 80% threshold. This suggests delivery reliability may require close monitoring, especially for buyers with fixed launch dates, seasonal sales windows, or strict inventory replenishment schedules.

Scoring Rationale
According to the scoring standard, a delivery rate between 70% and 79% corresponds to 5–6 points. Since 78.8% is near the upper end of this range but still below 80%, the supplier receives the higher score within this band.

Final Score
6 / 10

6. Quality & Customer Feedback

Basis
- Store rating: 4.7
- Reviews: 40+
- Verified supplier: True
- Finished Product Inspection: Insufficient Data
- Factory Verification: True, based on verified supplier status

Elaboration
The 4.7 store rating indicates generally positive customer satisfaction, while 40+ reviews provide a moderate amount of feedback. Verified supplier status adds a basic quality credibility signal, but the provided data does not confirm Finished Product Inspection, formal product testing procedures, or specific quality management certifications.

Scoring Rationale
The supplier shows good customer feedback and basic verification support, which justifies a score above the average range. However, the review volume is not large, and the lack of confirmed Finished Product Inspection or detailed quality assurance systems prevents classification as a top-tier quality-controlled supplier.

Final Score
15 / 20

Total Score

80 / 100

Procurement Recommendation

Cooperation is recommended with controlled risk management. Haiyang Libenli Body-Building Apparatus Co., Ltd. is suitable for buyers sourcing resistance bands, bungee cords, and elastic fitness accessories from a verified medium-sized Chinese factory with strong platform credibility. The supplier is especially suitable for small to medium buyers, trial orders, and buyers requiring low-MOQ customization flexibility.

The main risk is delivery reliability, as the on-time delivery rate is only 78.8%. Buyers should confirm lead times, production schedules, inspection arrangements, and shipment milestones before placing larger orders. Growth potential exists due to the supplier’s established platform history, verified status, factory scale, and active transaction record, but stronger delivery control and clearer quality inspection documentation would be needed for higher-volume strategic procurement.

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