Shanghai Taixiong Magnetic Industrial Co., Ltd. Supplier Evaluation

Executive Summary

Shanghai Taixiong Magnetic Industrial Co., Ltd. is a China-based magnet supplier located in Shanghai, with a reported factory area of 1,300+ square meters and 40+ staff. The company shows a credible platform profile, including 10 years as a Gold Supplier, Trade Assurance support, and service/quality-related tags such as Finished Product Inspection, ODM service, Full Customization, and Minor Customization. Its product range, based on the provided data, covers magnetic display items, cup magnets, NdFeB permanent magnets, adhesive magnetic sheets, and injection molded ferrite magnets, with MOQs ranging from 1 set to 1,000 pieces.

Commercial performance appears moderate to stable, supported by 100+ orders and CN¥1.5M+ transaction value over the past six months. However, the review count is limited at 10+, and the on-time delivery rate of 73.1% is a notable operational risk. This supplier is more suitable for buyers seeking flexible magnet sourcing and customization rather than highly time-sensitive procurement.

Detailed Analysis

1. Company Strength

Basis
- Factory location: Shanghai, China
- Factory area: 1,300+ m²
- Employees: 40+ staff
- Verified supplier status: True

Elaboration
The supplier has a defined physical production base and a moderate workforce size. A 1,300+ m² facility with 40+ employees indicates that the company has basic in-house operating capacity, but the scale is not large enough to be classified as a large-scale industrial supplier based on the provided data. The verified supplier status strengthens its credibility, suggesting that at least some form of supplier verification has been completed.

Scoring Rationale
The company demonstrates a stable but relatively modest production foundation. The factory area and employee count support small-to-medium production capability, while the verified supplier status adds confidence. However, there is no provided evidence of large-scale production lines, advanced manufacturing capacity, annual output, or internationally recognized factory certifications. Therefore, the score should reflect a capable but not large-scale supplier.

Final Score
14 / 20

2. Platform & Compliance Credibility

Basis
- Gold Supplier: True
- Gold Supplier duration: 10 years
- Trade Assurance: True
- Certification/industry tags: Finished product inspection, ODM service available, Full customization, Minor customization
- Verified supplier status: True

Elaboration
The supplier has a strong platform profile. A 10-year Gold Supplier history indicates long-term platform presence, while Trade Assurance improves transaction security for buyers. The presence of Finished Product Inspection and customization-related tags also improves the supplier’s compliance and service credibility within the platform ecosystem.

Scoring Rationale
This is one of the supplier’s strongest areas. The combination of long Gold Supplier tenure, Trade Assurance, verified supplier status, and platform tags provides a relatively complete credibility framework. The only limitation is that the provided data does not include detailed third-party factory audit reports, ISO certifications, or other formal compliance certificates. As a result, the supplier scores high but not at the absolute maximum.

Final Score
19 / 20

3. Business Performance

Basis
- Orders in the past six months: 100+
- Transaction value in the past six months: CN¥1.5M+
- Store rating: 4.8
- Reviews: 10+

Elaboration
The supplier has demonstrated active transaction performance over the last six months. More than 100 orders and CN¥1.5M+ in transaction value indicate a reasonable level of buyer demand and commercial activity. The 4.8 store rating is positive, suggesting generally favorable buyer satisfaction. However, the review count of 10+ is relatively limited compared with the order volume, which reduces the depth of publicly visible customer feedback.

Scoring Rationale
The supplier shows stable mid-level business performance, with meaningful recent order activity and transaction value. The high store rating supports buyer confidence, but the low number of reviews limits the reliability of the rating as a broad market validation signal. This places the supplier above basic commercial validation but below the level of a highly proven, high-volume supplier with extensive feedback.

Final Score
16 / 20

4. Service Capability

Basis
- Communication response time: ≤11h
- Full Customization: Available
- Minor Customization: Available
- ODM service: Available

Elaboration
The supplier provides several customization-related services, including full customization, minor customization, and ODM service. This indicates flexibility for buyers requiring product adjustments or tailored magnet solutions. However, the stated response time is ≤11 hours, which is acceptable but not fast enough to qualify as a highly responsive supplier under a ≤1 hour benchmark.

Scoring Rationale
The customization capability is a positive factor and supports buyers with non-standard sourcing requirements. However, communication speed is moderate rather than excellent. For procurement teams that require rapid sampling discussions, urgent order adjustments, or real-time technical communication, the response time may be a limitation. Therefore, the service capability is rated as solid but not top-tier.

Final Score
7 / 10

5. Delivery Performance

Basis
- On-time delivery rate: 73.1%

Elaboration
The supplier’s on-time delivery rate is 73.1%, which falls within the 70–79% range. This suggests that delivery reliability is a meaningful concern. While the supplier may still be suitable for orders with flexible lead times, buyers with strict delivery schedules should treat this as a key risk factor.

Scoring Rationale
According to the scoring framework, a delivery rate between 70% and 79% corresponds to 5–6 points. Given that 73.1% is closer to the lower-middle part of this band and substantially below the 90%+ level expected from highly reliable suppliers, a conservative score is appropriate. Delivery should be actively managed through confirmed lead times, written shipment commitments, and buffer planning.

Final Score
5 / 10

6. Quality & Customer Feedback

Basis
- Store rating: 4.8
- Reviews: 10+
- Finished Product Inspection: Available
- Verified supplier status: True

Elaboration
The store rating of 4.8 is favorable and suggests positive customer experience among available reviewers. The Finished Product Inspection tag indicates that the supplier has at least a basic product inspection mechanism. Verified supplier status also contributes to quality assurance credibility. However, the review count is only 10+, which limits the statistical reliability of customer feedback.

Scoring Rationale
The supplier has several positive quality indicators, including a high rating and Finished Product Inspection. However, the limited number of reviews prevents a stronger conclusion about long-term quality consistency across a broad customer base. No additional data is provided regarding defect rates, inspection standards, quality certificates, or return/dispute records. Therefore, the supplier receives a good but not high-end quality score.

Final Score
15 / 20

Total Score

76 / 100

Score Breakdown:
- Company Strength: 14 / 20
- Platform & Compliance Credibility: 19 / 20
- Business Performance: 16 / 20
- Service Capability: 7 / 10
- Delivery Performance: 5 / 10
- Quality & Customer Feedback: 15 / 20

Procurement Recommendation

Cooperation is conditionally recommended. Shanghai Taixiong Magnetic Industrial Co., Ltd. appears suitable for buyers sourcing magnetic products with customization needs, moderate order volumes, and flexible delivery timelines. The supplier’s main strengths are its 10-year Gold Supplier status, Trade Assurance support, verified supplier profile, customization capability, and active recent transaction record.

The main risk is delivery reliability, as the on-time delivery rate is only 73.1%. The limited review count also means that customer feedback depth is not strong enough to fully validate consistent quality performance. Buyers should consider starting with sample orders or small-to-medium trial orders before scaling up.

This supplier is most appropriate for procurement teams that value platform credibility, product variety, and customization flexibility, but less suitable for buyers with strict delivery deadlines or high-volume programs requiring proven large-scale production stability. Growth potential exists if the supplier improves delivery performance and accumulates more verified customer feedback.