Zhejiang Lihao Plastic Industry Co., Ltd. Supplier Evaluation

Executive Summary

Zhejiang Lihao Plastic Industry Co., Ltd. is a China-based plastic waste bin and trash can supplier located in Zhejiang, with a reported factory area of 16,000+㎡ and 100+ staff. Based on the provided data, the company appears to be a mid-sized manufacturing supplier with verified supplier status, Gold Supplier membership for 8 years, Trade Assurance support, and platform labels including Finished Product Inspection, Full Customization, ODM service availability, and Warranty available. Its product range focuses on plastic waste bins, foot pedal trash cans, commercial trash containers, and large-capacity wheeled bins, with relatively low MOQs across several listings. Business performance is supported by 80+ orders and CN¥2.2M+ transaction value in the past six months, combined with a 4.9 store rating and 30+ reviews. This supplier is suitable for buyers seeking stable plastic waste container sourcing, OEM/ODM customization, and verified platform protection, while larger enterprise buyers may still need further factory audit and quality documentation before bulk procurement.

Detailed Analysis

1. Company Strength

Basis:
- Factory area: 16,000+㎡
- Employees: 100+ staff
- Verified supplier: True
- Main product scope: plastic trash cans, waste bins, commercial bins, large-capacity wheeled bins

Elaboration:
The supplier demonstrates a clear manufacturing foundation with a factory area above 16,000㎡ and more than 100 employees. This indicates a production setup beyond a small trading operation and suggests the company has the physical infrastructure and workforce to support regular manufacturing activity. The verified supplier status further strengthens the credibility of its operational presence. However, the data does not provide detailed production line numbers, monthly capacity, machinery lists, or independent factory audit reports.

Scoring Rationale:
The company fits the profile of a medium-sized stable factory rather than a very large-scale supply chain operator. The available factory size, staffing level, and verification status support confidence in its basic production capability, but the absence of detailed capacity data prevents a top-tier score.

Final Score: 16 / 20

2. Platform & Compliance Credibility

Basis:
- Gold Supplier: True
- Gold Supplier duration: 8 years
- Trade Assurance: True
- Certification / industry labels: Warranty available, Finished product inspection, Full customization, ODM service available
- Verified supplier: True

Elaboration:
The supplier has a relatively strong platform credibility profile. An 8-year Gold Supplier history indicates long-term presence on , while Trade Assurance provides transaction protection for buyers. The available platform labels cover several important procurement concerns, including warranty, finished product inspection, customization, and ODM services. Verified supplier status adds another layer of platform-backed credibility.

Scoring Rationale:
The combination of long Gold Supplier tenure, Trade Assurance, verified supplier status, and multiple service/quality labels creates a strong compliance and platform trust profile. However, no specific international product certifications, factory management certifications, or third-party audit certificates are provided, so a perfect score is not justified.

Final Score: 19 / 20

3. Business Performance

Basis:
- Orders in past 6 months: 80+
- Transaction value in past 6 months: CN¥2.2M+
- Store rating: 4.9
- Reviews: 30+

Elaboration:
The supplier shows active recent transaction performance. Over 80 orders and CN¥2.2M+ in six-month transaction value indicate verified commercial activity and reasonable market acceptance. The store rating of 4.9 is strong, suggesting positive buyer satisfaction. The review count of 30+ provides some feedback base, though it is not large enough to be considered extensive.

Scoring Rationale:
The transaction value is strong and the order count is healthy, while the 4.9 rating supports positive commercial validation. The main limitation is the relatively moderate number of reviews, which reduces the depth of customer feedback evidence.

Final Score: 17 / 20

4. Service Capability

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

Elaboration:
The supplier demonstrates solid service capability through a response time within two hours and support for full customization. ODM service availability indicates the supplier may support product adaptation or buyer-specific design requirements, based strictly on the provided platform label. However, the response time is not within one hour, and no additional data is provided on sales team size, language capability, sampling speed, or project management process.

Scoring Rationale:
The supplier has clear customization capability and acceptable response efficiency. Since the response time is ≤2h rather than ≤1h, it falls slightly below the highest service tier but remains suitable for standard procurement communication.

Final Score: 8 / 10

5. Delivery Performance

Basis:
- On-time delivery rate: 100.0%

Elaboration:
The supplier reports a 100.0% on-time delivery rate, which is the strongest delivery metric provided. This suggests reliable fulfillment performance within the platform-recorded transaction context. No further data is available on average lead time, logistics methods, peak-season delivery stability, or historical shipment volume.

Scoring Rationale:
According to the scoring standard, an on-time delivery rate above 90% qualifies for 9–10 points. A 100.0% rate supports the maximum score, although buyers should still confirm lead times for specific order quantities.

Final Score: 10 / 10

6. Quality & Customer Feedback

Basis:
- Store rating: 4.9
- Reviews: 30+
- Finished Product Inspection: available
- Verified supplier: True
- Warranty available: listed

Elaboration:
The quality profile is positive based on the 4.9 store rating, Finished Product Inspection label, warranty availability, and verified supplier status. These factors indicate that the supplier has some platform-visible quality assurance measures. However, the review count is only 30+, which provides limited customer feedback depth compared with suppliers with hundreds or thousands of reviews. No specific product test reports, ISO certifications, defect rate data, or inspection standards are provided.

Scoring Rationale:
The supplier has good visible quality indicators and a strong rating, but the limited review volume and lack of detailed quality documentation prevent it from reaching the highest score range.

Final Score: 17 / 20

Total Score

87 / 100

Procurement Recommendation

Zhejiang Lihao Plastic Industry Co., Ltd. is recommended as a suitable supplier for small to mid-sized buyers, distributors, wholesalers, and customized plastic waste bin procurement projects requiring Trade Assurance, moderate MOQ flexibility, and verified supplier credibility. The company is especially suitable for buyers sourcing plastic trash cans, HDPE waste bins, commercial bins, and large-capacity wheeled bins.

Key risks include insufficient data on monthly production capacity, machinery, international certifications, detailed factory audit reports, lead time structure, and product-specific testing standards. Its growth potential is positive, supported by 8 years of Gold Supplier history, 100% on-time delivery, CN¥2.2M+ recent transaction value, and customization/ODM capability. For high-volume or enterprise-level procurement, a pre-shipment inspection, sample validation, and additional factory documentation review are recommended before placing large orders.