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Yongkang Liqian Industry And Trade Co., Ltd. Supplier Evaluation

10.07.26 0 Comments Posted by

Executive Summary

Yongkang Liqian Industry And Trade Co., Ltd. is a China-based supplier located in Zhejiang, offering electric classic cars, sightseeing mini cars, and multi-seat electric classic car models. The company shows a verified supplier profile, 2,800+ m² factory area, 13 years as an Gold Supplier, Trade Assurance support, and platform labels including authorized vehicle exporter, finished product inspection, warranty availability, and ODM service availability. Its business performance is moderate, with 10+ orders and CN¥270.4K+ transaction value over the past six months, supported by a 4.5 store rating and 10+ reviews. Service response time is within 4 hours, and delivery performance is strong with a 100.0% on-time shipment rate. Overall, this supplier appears suitable for buyers seeking low-to-medium volume electric classic vehicle sourcing with verified platform credibility and flexible MOQ options, while larger-volume buyers should further validate production capacity, employee scale, and quality consistency before committing to major procurement programs.

Detailed Analysis

1. Company Strength

Basis
- Factory location: Zhejiang, China
- Factory area: 2,800+ m²
- Employee count: Insufficient Data
- Verified supplier status: True
- Product scope includes electric classic cars, sightseeing mini cars, and 8-seat / 11-seat electric classic car models

Elaboration
The supplier has a disclosed factory area of 2,800+ m², which indicates a physical production base with a measurable manufacturing footprint. The verified supplier status provides an additional layer of credibility regarding the existence and basic operating profile of the company. However, the absence of employee count limits the ability to fully assess labor scale, production staffing, and capacity stability. The listed product portfolio is focused around electric classic and sightseeing vehicle categories, suggesting a specialized rather than highly diversified manufacturing orientation.

Scoring Rationale
The company demonstrates basic-to-moderate production capability through its factory area and verified supplier status. However, 2,800+ m² is not sufficient evidence of a large-scale stable supply chain, and the missing employee count prevents a stronger conclusion about production depth or scalability. Therefore, the supplier fits better into the lower end of a medium/small verified factory profile rather than a large manufacturing base.

Final Score
13 / 20

2. Platform & Compliance Credibility

Basis
- Gold Supplier: True
- Gold Supplier duration: 13 years
- Trade Assurance: True
- Verification: Verified supplier status is True
- Certification / industry labels: Warranty available, Authorized vehicle exporter, Finished product inspection, ODM service available

Elaboration
The supplier has a strong platform credibility profile. A 13-year Gold Supplier history indicates long-term presence on , while Trade Assurance provides transaction-level protection for buyers. The verified supplier status adds another layer of platform-based credibility. The listed labels are also commercially relevant, particularly authorized vehicle exporter, finished product inspection, warranty availability, and ODM service availability. These labels support the supplier’s positioning in vehicle-related export and customized supply.

Scoring Rationale
This dimension is one of the supplier’s strongest areas. The long Gold Supplier duration, Trade Assurance support, verified status, and multiple relevant platform labels together form a relatively complete platform credibility structure. Since the data does not provide detailed third-party factory audit reports or named external certifications beyond the listed platform labels, the score is high but not full.

Final Score
19 / 20

3. Business Performance

Basis
- Orders in the past 6 months: 10+
- Transaction value in the past 6 months: CN¥270.4K+
- Store rating: 4.5
- Number of reviews: 10+

Elaboration
The supplier has recorded commercial activity in the last six months, with 10+ orders and CN¥270.4K+ transaction value. This indicates that the supplier has recent buyer engagement and is not an inactive storefront. The 4.5 rating is acceptable, though not at the highest performance level. The review count of 10+ provides some customer feedback basis, but it remains limited for making a robust assessment of long-term buyer satisfaction across multiple markets or procurement scenarios.

Scoring Rationale
The transaction data reflects moderate but not high business scale. Order quantity and review volume are relatively limited, while the transaction amount is meaningful but not enough to indicate high-volume commercial validation. The 4.5 rating supports a reasonable level of buyer satisfaction, but the small review base reduces confidence. Overall, the supplier fits the “stable but modest commercial performance” range.

Final Score
14 / 20

4. Service Capability

Basis
- Communication response time: ≤4h
- Full Customization: Insufficient Data
- ODM service available: Listed in certification / industry labels

Elaboration
The supplier’s response time of within 4 hours indicates acceptable communication efficiency for international sourcing. The data does not explicitly state Full Customization support, so this cannot be confirmed. However, the listed ODM service availability suggests some level of design or product adaptation capability. Since ODM is not identical to full customization, the assessment must remain conservative.

Scoring Rationale
The response time is reasonable but does not meet the strongest benchmark of ≤1 hour. The supplier has an ODM service label, which supports a degree of customization capability, but the absence of explicit Full Customization data limits the score. The service profile is therefore suitable for routine inquiries and potential ODM discussions, but not yet proven as a highly responsive full-customization supplier.

Final Score
7 / 10

5. Delivery Performance

Basis
- On-time shipment rate: 100.0%

Elaboration
The supplier reports a 100.0% on-time shipment rate, which is a strong indicator of delivery reliability based on the available platform data. This performance is particularly important for vehicle procurement, where delayed shipments can affect project timelines, distributor planning, and end-customer delivery commitments. No additional delivery volume or shipment count is provided, so the result should be interpreted within the limits of the available data.

Scoring Rationale
According to the scoring standard, an on-time shipment rate above 90% qualifies for the 9–10 point range. A 100.0% rate supports the maximum score. The only reservation is that the underlying shipment sample size is not disclosed, but the stated delivery metric itself is excellent.

Final Score
10 / 10

6. Quality & Customer Feedback

Basis
- Store rating: 4.5
- Review count: 10+
- Finished product inspection: Listed
- Factory Verification / Verified supplier status: True
- Warranty available: Listed

Elaboration
The supplier has several quality-related indicators, including finished product inspection, verified supplier status, and warranty availability. These are positive signals for procurement risk control, especially for electric vehicle-related products where inspection and after-sales responsibility are important. The 4.5 rating is acceptable, but the review base of 10+ is relatively small, limiting the statistical reliability of customer feedback. The data does not include defect rates, inspection reports, return rates, or detailed customer complaint history.

Scoring Rationale
The supplier has a credible basic quality assurance structure through finished product inspection and warranty availability. However, the customer feedback volume is not large, and the rating is good rather than excellent. Because detailed quality performance data is unavailable, the supplier should not be scored in the top range, but it deserves a solid mid-level score due to the presence of inspection and verification signals.

Final Score
15 / 20

Total Score

78 / 100

Procurement Recommendation

Cooperation is conditionally recommended. Yongkang Liqian Industry And Trade Co., Ltd. is most suitable for buyers seeking low-to-medium volume sourcing of electric classic cars, sightseeing mini cars, or multi-seat electric classic vehicle models, especially where Trade Assurance, verified supplier status, low MOQ options, and on-time delivery performance are important.

The main strengths are its 13-year Gold Supplier history, Trade Assurance support, verified supplier status, 100.0% on-time shipment rate, and relevant labels such as authorized vehicle exporter, finished product inspection, warranty available, and ODM service available. These factors make the supplier relatively credible from a platform and transaction-risk perspective.

Key risks include insufficient employee count data, limited visible order volume, limited review quantity, and lack of detailed third-party quality reports or production capacity metrics. Larger buyers, fleet operators, distributors, or project-based procurement teams should request additional documentation before scaling orders, including factory audit details, production capacity, employee structure, product compliance documents, inspection records, warranty terms, and references from previous vehicle buyers.

Growth potential is moderate. The supplier has a specialized electric classic vehicle product range and strong platform credibility, but it needs stronger commercial validation, more customer feedback, and clearer production capacity disclosure to be considered a high-confidence supplier for large-scale procurement.

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