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Zhejiang Dongyang Yongmin Rubber Plastic Magnet Co., Ltd. Supplier Evaluation

10.07.26 0 Comments Posted by

Executive Summary

Zhejiang Dongyang Yongmin Rubber Plastic Magnet Co., Ltd. is a China-based supplier located in Zhejiang, with a reported factory area of over 16,000㎡ and more than 70 staff. Based on the provided data, the company appears to be a medium-sized manufacturing supplier with verified supplier status, 14 years as an Gold Supplier, Trade Assurance support, and platform tags including Finished Product Inspection, ODM service, Minor Customization, and Full Customization. Its product listings focus on flexible rubber magnet-related products with low MOQs ranging from 1 piece to 1,000 pieces, indicating suitability for both sample-stage purchasing and customized order requirements. Commercial performance is moderate, with 10+ orders and CN¥338K+ transaction value in the past six months, supported by a 5.0 store rating but only 7 reviews. Overall, this supplier is suitable for buyers seeking customizable magnetic sheet or rubber magnet products from a verified, long-standing supplier, while review volume and order scale remain key risk considerations.

Zhejiang Dongyang Yongmin Rubber Plastic Magnet Co., Ltd.

Detailed Analysis

1. Company Strength

Basis
- Factory area: 16,000+㎡
- Staff size: 70+ staff
- Verified supplier: True
- Location: Zhejiang, China

Elaboration
The supplier has a reported factory area exceeding 16,000㎡, which indicates a meaningful physical production base rather than a small trading-only operation. The workforce of 70+ staff suggests a medium-sized organization with basic production, administration, and order-handling capacity. The presence of verified supplier status further supports the credibility of its operating foundation, although the provided data does not include detailed production lines, annual output, machinery lists, or capacity utilization.

Scoring Rationale
The company does not qualify as a large-scale supplier because the employee count is moderate and production capacity details are insufficient. However, the factory area is relatively solid, the staff base is adequate, and verified supplier status gives additional confidence in its operational presence. Therefore, it fits the profile of a medium-sized stable factory rather than a small or weak supplier.

Final Score
16 / 20

2. Platform & Compliance Credibility

Basis
- Gold Supplier: True
- Gold Supplier duration: 14 years
- Trade Assurance: True
- Certification / industry tags: Finished product inspection, Minor customization, ODM service available, Full customization

Elaboration
The supplier has maintained Gold Supplier status for 14 years, which is a strong indicator of long-term platform presence. Trade Assurance support provides an additional transaction protection mechanism for buyers. The listed platform tags also show that the supplier has some structured service and quality-related capabilities visible on the platform. However, no independent factory audit report, company-level ISO certificate, or detailed compliance documentation is provided in the dataset.

Scoring Rationale
A 14-year Gold Supplier history combined with Trade Assurance and multiple capability tags represents a strong platform credibility profile. The score is not a full 20 because the provided data does not include complete third-party audit details or verified company-level certification documents beyond platform tags.

Final Score
19 / 20

3. Business Performance

Basis
- Orders in past 6 months: 10+
- Transaction value in past 6 months: CN¥338K+
- Store rating: 5.0
- Number of reviews: 7

Elaboration
The supplier has recorded more than 10 orders and over CN¥338K in transaction value during the past six months. This confirms recent commercial activity, but the order count is not high. The 5.0 store rating is positive, yet the review base of 7 is limited, reducing the statistical reliability of the rating. The transaction amount suggests some meaningful order value, but the available data does not prove high-volume or large-scale buyer adoption.

Scoring Rationale
The supplier demonstrates active sales and a strong rating, but the relatively low order count and small number of reviews prevent it from being classified as a high-performance commercial supplier. The business record is stable but still moderate in scale.

Final Score
14 / 20

4. Service Capability

Basis
- Response time: ≤2h
- Full Customization: Listed
- Minor Customization: Listed
- ODM service available: Listed

Elaboration
The supplier’s response time of within two hours indicates acceptable communication efficiency, though it does not meet the strongest benchmark of one hour or less. The presence of Full Customization, Minor Customization, and ODM service tags suggests the supplier can support customized requirements, which is relevant for magnetic sheets and flexible magnet products where size, shape, and application-specific customization may be required.

Scoring Rationale
Service capability is above basic level due to customization and ODM support, but response speed is not at the top tier. Since the data does not include response rate percentage, language capability, quotation turnaround time, or after-sales service details, the score remains in the upper-middle range.

Final Score
8 / 10

5. Delivery Performance

Basis
- On-time delivery rate: 90.0%

Elaboration
The supplier’s reported on-time delivery rate is exactly 90.0%, which meets the threshold for strong delivery performance under the provided scoring criteria. This indicates that the supplier has demonstrated acceptable reliability in fulfilling orders on schedule. However, the dataset does not include sample size, logistics destinations, average lead time, or late-shipment reasons.

Scoring Rationale
Because the on-time shipment rate reaches 90%, the supplier qualifies for the 9–10 point range. A score of 9 is appropriate because the rate is at the lower boundary of the top tier rather than significantly above it.

Final Score
9 / 10

6. Quality & Customer Feedback

Basis
- Store rating: 5.0
- Review count: 7
- Finished Product Inspection: Listed
- Verified supplier: True
- Factory Verification: Insufficient Data

Elaboration
The supplier has a perfect 5.0 store rating, which is positive, but the rating is based on only 7 reviews. This limits the reliability of customer feedback as a broad quality indicator. The Finished Product Inspection tag provides evidence of a basic quality control mechanism. Verified supplier status also adds credibility, but the provided data does not clearly confirm a separate Factory Verification system or provide detailed inspection standards, defect rates, quality certificates, or buyer complaint records.

Scoring Rationale
The supplier shows good quality signals through its rating and Finished Product Inspection tag, but the limited review count and lack of detailed factory verification or quality documentation prevent a top-tier score. The quality profile is credible but not fully validated by extensive customer feedback.

Final Score
16 / 20

Total Score

82 / 100

Procurement Recommendation

Cooperation is recommended with controlled order scaling. This supplier is suitable for buyers seeking flexible rubber magnet or magnetic sheet products with customization needs, especially sample orders, small-batch customized purchases, ODM inquiries, and medium-scale procurement. Its main strengths are long platform history, Trade Assurance support, verified supplier status, customization capability, and acceptable delivery performance.

Key risks include limited recent order volume, only 7 customer reviews, and insufficient data on detailed production capacity, factory audit documents, company-level certifications, and quality control procedures. Growth potential is present due to the supplier’s 16,000+㎡ factory base, customization tags, and 14-year Gold Supplier history, but buyers should request updated factory audit materials, inspection standards, and pre-shipment quality confirmation before placing larger orders.

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