Ningbo Lisheng Precision Spring Co., Ltd. Supplier Evaluation

Executive Summary

Ningbo Lisheng Precision Spring Co., Ltd. is a China-based supplier located in Zhejiang, with a reported factory area of 4,000+ sqm and 10+ staff. The supplier offers spring- and mechanism-related products including office chair gas lift gas springs, bed lift mechanisms, stainless steel components, stainless steel wire, and coil spring tube bender products. Its platform profile shows 4 years as a Gold Supplier, Trade Assurance support, verified supplier status, ODM service availability, full customization, minor customization, and response time within 4 hours. Business activity appears moderate, with 40+ orders and CN¥270.4K+ transaction value over the past six months, supported by a 4.8 store rating and 10+ reviews. Delivery performance is strong, with a 100.0% on-time dispatch rate. This supplier appears suitable for buyers seeking small-to-medium volume sourcing, customized spring or metal component products, and platform-backed transactions. However, review volume, workforce scale, and quality inspection information remain limited.

Detailed Analysis

1. Company Strength

Basis
- Factory location: Zhejiang, China
- Factory area: 4,000+ sqm
- Employees: 10+ staff
- Verified supplier / factory audit status: True
- Product scope includes gas springs, lift mechanisms, stainless steel spring/wire components, and coil spring tube bender products

Elaboration
The supplier has a defined production site with 4,000+ sqm of factory area, which indicates a tangible manufacturing base rather than a purely trading-oriented profile. The listed employee count of 10+ staff suggests a relatively lean organization. While the factory area is reasonable for a specialized component manufacturer, the limited staff size constrains the assessment of large-scale production capacity.

The presence of verified supplier status strengthens the credibility of the company’s operational foundation. The product portfolio also shows concentration around springs, gas lift mechanisms, stainless steel wire, and related metal components, indicating a focused manufacturing direction rather than an overly broad or unrelated catalog.

Scoring Rationale
The company demonstrates basic-to-moderate manufacturing strength through its factory area, verified status, and specialized product range. However, the reported workforce of only 10+ staff limits confidence in large-scale or highly complex production capacity. Based on the available data, it is stronger than a very small unverified supplier but does not meet the profile of a large-scale stable supply chain.

Final Score
13 / 20

2. Platform & Compliance Credibility

Basis
- Gold Supplier: True
- Gold Supplier tenure: 4 years
- Trade Assurance: True
- Verified supplier: True
- Certification / industry labels: ODM service available, Full customization, Minor customization, Response time ≤4h

Elaboration
The supplier has a complete basic credibility profile, including Gold Supplier status, Trade Assurance support, and verified supplier status. A 4-year Gold Supplier history provides a moderate platform track record, showing that the supplier is not newly established on the platform.

The listed platform tags also support commercial credibility. ODM service, full customization, and minor customization indicate that the supplier presents itself as capable of handling customized product requirements. The response time label of ≤4h further supports platform service transparency. However, no additional third-party management system certifications, product certifications, or industry compliance certificates are provided in the data.

Scoring Rationale
The supplier has strong core platform credibility: Gold Supplier status, 4 years of tenure, Trade Assurance, and verified supplier status. These are meaningful platform-backed indicators. However, because the tenure is moderate rather than long-term, and because no independent quality, safety, or management certifications are provided, the score remains below the highest tier.

Final Score
17 / 20

3. Business Performance

Basis
- Orders in the past 6 months: 40+
- Transaction value in the past 6 months: CN¥270.4K+
- Store rating: 4.8
- Reviews: 10+

Elaboration
The supplier has visible transaction activity, with more than 40 orders and over CN¥270.4K in transaction value during the past six months. This indicates that the supplier has recent commercial activity and is not an inactive or unproven storefront.

The store rating of 4.8 is positive, but the review count of 10+ is relatively limited. This means the rating is favorable but based on a smaller sample size. The order volume and transaction amount suggest a stable but not high-volume business profile on the platform.

Scoring Rationale
Business performance is moderate and commercially validated. The supplier has recent orders, meaningful transaction value, and a good rating. However, the transaction scale is not high enough to indicate a top-performing supplier, and the limited number of reviews reduces the strength of customer validation. The score reflects stable medium-level platform performance.

Final Score
15 / 20

4. Service Capability

Basis
- Communication response time: ≤4h
- Platform labels: Full customization, Minor customization, ODM service available

Elaboration
The supplier provides a response time within 4 hours, which is acceptable for international sourcing communication. The presence of full customization, minor customization, and ODM service labels indicates that the supplier can support more than standard off-the-shelf purchasing.

This service profile is useful for buyers requiring product adjustment, size or specification modification, or customized component sourcing. However, the data does not show a response time of ≤1 hour, nor does it provide evidence of dedicated engineering support, multilingual service teams, or project management capacity.

Scoring Rationale
The supplier demonstrates solid service capability through customization support and reasonable response speed. However, because the response time is ≤4h rather than ≤1h, and because deeper service infrastructure details are not provided, the supplier fits the normal-to-good service tier rather than the highest tier.

Final Score
7 / 10

5. Delivery Performance

Basis
- On-time dispatch rate: 100.0%

Elaboration
The supplier’s reported on-time dispatch rate is 100.0%, which is a strong delivery indicator. This suggests that, based on available platform data, the supplier has been able to meet committed dispatch timelines.

A high on-time dispatch rate is especially important for repeat procurement, production scheduling, and buyers managing inventory or assembly timelines. However, the data only provides dispatch punctuality and does not include average lead time, logistics method, production cycle, or historical late shipment cases.

Scoring Rationale
According to the scoring standard, an on-time dispatch rate above 90% qualifies for the 9–10 point range. With a reported 100.0% on-time dispatch rate, the supplier earns the maximum score for this dimension. The score is based strictly on the provided delivery data.

Final Score
10 / 10

6. Quality & Customer Feedback

Basis
- Store rating: 4.8
- Reviews: 10+
- Verified supplier: True
- Finished Product Inspection: Insufficient Data
- Factory Verification: True / verified supplier status provided

Elaboration
The supplier has a positive store rating of 4.8, which indicates generally favorable customer feedback. Verified supplier status also provides some platform-level confidence in the supplier’s legitimacy and operating base.

However, the review count is only 10+, which limits the reliability of the rating as a broad quality indicator. In addition, the data does not state whether Finished Product Inspection is available. No specific quality certificates, inspection procedures, defect rate data, or product compliance documentation are provided.

Scoring Rationale
The supplier shows acceptable quality credibility through a high rating and verified supplier status. However, the limited review base and lack of Finished Product Inspection information prevent a higher score. The quality profile is positive but not fully substantiated by comprehensive inspection or certification data.

Final Score
15 / 20

Total Score

Procurement Recommendation

Ningbo Lisheng Precision Spring Co., Ltd. is recommended for conditional cooperation, especially for buyers seeking spring-related components, gas lift mechanisms, stainless steel wire products, or customized metal spring solutions in small-to-medium purchasing volumes.

The supplier is suitable for: - Buyers requiring Trade Assurance protection - Customers seeking ODM, full customization, or minor customization support - Small-to-medium volume importers or distributors - Buyers prioritizing strong on-time dispatch performance - Procurement teams that can perform sample validation before bulk orders

Main risks: - Employee scale is limited at 10+ staff, which may constrain large-volume production capacity - Review count is only 10+, so customer feedback is positive but not deeply validated - Finished Product Inspection information is not provided - No independent product certification or management system certification is included in the data

Growth potential is moderate. The supplier has a verified platform profile, 4 years of Gold Supplier history, Trade Assurance support, customization capability, and strong delivery performance. If future data confirms stronger quality inspection systems, higher review volume, and expanded production capacity, the supplier could become a stronger candidate for larger or more strategic sourcing programs.