Chapter Ninety-Eight: Anti-Dumping Investigation

"What's wrong with our family's lawsuit?" Yun Chaochao has not heard Yun Zhilei mention the progress of anti-dumping and countervailing for a while.

The anti-dumping proceedings on the EU side are nearing completion.

The preliminary results of the anti-subsidy and anti-dumping rulings on the US side have also come out, and Yunyao Ribbon has obtained zero tariffs in the preliminary ruling.

To say that there are still many differences between these two responses.

The EU's response to the lawsuit is Yunyao's active choice.

The United States, on its part, is passive and targeted.

The U.S. company Beverey and its wholly-owned subsidiary, Lion Ribbon Company, filed an application with the U.S. Department of Commerce to initiate an anti-dumping investigation into the narrow webbing produced in China.

Just that's not what you are targeting.

However, listing Yunyao Ribbon as a mandatory anti-dumping and anti-dumping investigation enterprise is clearly targeted.

Two were required to compel the anti-dumping action, and the other two were required to respond to the countervailing duty.

It stands to reason that this adds up to four companies, but in reality there are only three.

Of the four forced response [quotas], two of them fell on Yunyao's webbing.

Yunyao Ribbon is the only one selected as a mandatory anti-dumping investigation enterprise and a mandatory anti-subsidy investigation enterprise at the same time.

Yunyao webbing was targeted as an industry leader, but in fact, there was no incomprehension.

The scale is there, and it is better to sue no one than to sue the leader.

Forcing a response to a lawsuit is a somewhat disgusting thing.

Beverey and Lion Ribbon sued for the narrow webbing made in China, and dozens of companies were sued together.

For those ribbon companies that are not on the list of mandatory responses, they can just do it, or think about calming things down, and the tax rate should fall on about 110%.

If the company that is required to compulsorily respond to the lawsuit still gives up responding to the lawsuit, the tax rate will soar directly by more than 220%.

The field of webbing has always been an industry with small profits and quick turnover.

European and American merchants choose to import webbing from China, considering the cost performance.

For exports to the United States, if the tax rate exceeds 30%, it will basically be directly blocked.

If Yunyao Ribbon is taken down, the two webbing companies that have been raised will be able to encroach on the market share of Yunyao Ribbon in the United States.

When playing against the EU, Yun Zhilei still has two options: to respond to the lawsuit or not to respond to the lawsuit.

From the very beginning, the United States was directly targeted.

For Yun Yao Weaving, if you don't want to give up the U.S. market, you must respond to the lawsuit, and you must respond to the lawsuit in the direction of zero interest rate.

Another company that was listed as a mandatory anti-dumping investigation together with Yunyao Webbing was sentenced to a punitive tariff of 231.4% because it gave up responding to the lawsuit, which is equivalent to a direct withdrawal from the US market.

The dozens of companies that were not compelled to respond to the lawsuit were all ruled to be 115.70%.

It is not difficult for Yunyao Ribbon to get the preliminary result of zero tax rate under such circumstances.

The lawyer team is experienced enough, and with the support of various departments and industry associations, Yunyao Webbing's response to the lawsuit has always been smooth.

These processes, Yun Zhilei shared in real time in order to make Yun Chaochao feel at ease in school.

Si Nian suddenly came up with such a sentence, which really surprised Yun Chaochao.

When did Yun Lao learn to hide from Rainbow Dash?

"You don't think that a preliminary decision will give you peace of mind, do you?"

"Don't they all say that 99.9% of the final review will uphold the preliminary ruling?" Yun Chaochao has always been very optimistic about the news he received.

"Hehe? Who did you listen to? Now at this juncture, why don't you go back and pick out the details with your father, so embarrassed to be here?" Brother Si Nian, who ate a stomach of dog food, finally found an opportunity to play on the topic.

"Will the final review overturn the preliminary ruling?" Yun Chaochao really thought it was already a sure thing.

Yun Zhilei has always reassured him that he can study at school with peace of mind.

Listening to the meaning of Si Nian's words, it doesn't seem to be like that.

"Isn't this nonsense? Isn't it normal for you to go to a lawsuit, overturn the conclusion of the first instance in the second instance, and overturn the conclusion of the second instance in the final trial?

"Have you heard anything?" Yun Chaochao asked very directly, and he had no interest in continuing to raise the bar with Si Nian.

"Isn't the US Department of Commerce going to Yunyao Webbing next week for a week-long on-the-spot inspection of antidumping? Are all your materials ready? Can you ensure that nothing goes wrong?"

"On-the-spot inspection next week?" Yun Chaochao really didn't know about this matter.

"That's right, I heard that you Yunyao Weaving Belt has more than 2,000 employees, and when the time comes, you will randomly check them, have you explained them clearly? "This is a counterattack from Si Single Dog Nian.

The anti-dumping investigation is more critical in the end.

The result of the zero tax rate given by the preliminary ruling is based on the information provided by Yunyao Webbing.

Many Chinese factories are unwilling to respond to anti-dumping investigations by the EU and the United States, not because they are subjectively unable to do so, nor because they cannot afford to hire a lawyer.

Rather, it is not up to par in the materials required to respond to the lawsuit.

When Si Nian's lighter and the EU fought an anti-dumping lawsuit, they encountered this problem.

Most of the factories that have developed from small workshops will have extensive and backward management models.

Those family-run factories rely on experience for management and human relationships for management.

It is difficult for the traditional factory management model to be as clear and formal as the accounts of listed companies.

The fact that the accounts are true and complete alone may not be sorted out in a short period of time, not to mention that various commercial letters, orders, invoices, packing lists, factory orders, and customs declarations need to be provided in response to the lawsuit.

To put it bluntly, it is to demand the factory with the financial level of the listed company.

For many factories, there is no way to solve it.

The reason why Yun Chaochao strongly asked Yun Zhilei to respond to the lawsuit was because Yun Yao Ribbon was ahead of the traditional family-run factory in the modern office of the factory.

Yunyao weaving belt has a scientific and standardized management system.

From raw materials to shipment, every process is carried out under strict monitoring.

Yun Yao webbing can develop to the current scale, to a large extent, because of Yun Chaochao's mother.

Yun's mother graduated from Tongji University, and when she was not an architect, she came to Yun Zhilei's factory and became a treasurer.

From the very beginning, it was a rush to a modern factory.

Although it took a long time to sort out the materials needed to respond to the lawsuit, everything was ready-made, and it was enough to sort it out.

It's not like those that can't be sorted out if you want to.

The result of the initial zero tax rate is also a good confirmation of this.

Anti-dumping is an investigation within a company.

The price of purchased materials + labor cost + energy loss and other production costs ≥ export prices are deemed to have no dumping relationship.

The price of purchased materials + labor cost + energy loss and other production costs and export prices are regarded as the existence of a dumping relationship.

Random check of all orders.

Occasionally, if a few profitable transactions are discovered, they will be counted as original sin.

The anti-dumping tariff rate needs to be given after the preliminary determination result is available, based on on-site verification, and the final result will be given.

Whether we can get the final result of zero tariff after on-site verification, there are many details that need to be paid attention to.

If there are some details in the on-site survey that are different from the questionnaire data, it may affect the final result.

Moreover, what Yunyao Webbing wants is [zero tariff] that will not interfere in the next twenty years.

If the tax rate is less than 2%, it is zero tariff, but only when the tax rate reaches less than 1%, it does not need to be subject to [review] by the U.S. Department of Commerce for various reasons.

It can be said that it is quite difficult to achieve the result of a tax rate of less than 1%.

A strong team of lawyers, of course, will help prepare documents that should be verified on the spot.

But with such a big company and so many people, it is definitely an incomparably huge workload to make sure that every link is not a problem.

This kind of verification, experienced once in 20 years, is acceptable, but if there are so many details that are not done well, and the zero tax rate is given and not given less than 1%, it is also bad enough.

If you can't even keep a zero tax rate, it will be even worse, as if all the efforts for so long have been in vain.

It is one thing to look at the preliminary verdict of the response materials, but it is another thing to conduct an on-the-spot investigation.

If Yunyao Webbing only has one hundred and ten people, it is still very good to train.

With more than 2,000 employees, most of whom are factory workers, it is difficult to ensure that there are no problems at every step.

It's not that you want to cover up something, it's mainly that you probably don't know what people are investigating.

In the past, no one had ever asked the workers in the factory to do an investigation, and when it came up, it was an investigation by the U.S. Department of Commerce, which inevitably made it a little uncomfortable.

This kind of thing, in fact, practice makes perfect, and the most feared is the first time.

Especially this formation.

The [Verification Outline] alone has dozens of pages.

The final audit results have to be hundreds of pages.

No matter how big or small, the random survey of more than 2,000 employees in the whole company needs to be carefully arranged.

The factory selects workers based on technology, and there are many positions, and they don't even need to receive compulsory education.

As long as the technology is excellent, you can't read a single big word, and there may not be a problem.

It is troublesome enough to respond to anti-dumping lawsuits, and Yun Yao Ribbon also has to deal with countervailing lawsuits at the same time, and it is difficult for Yun Zhilei to be busy alone.

"I called and asked Yun Lao what was going on. "Yun Chaochao has confidence in Yun Yao's webbing, of course.

Yunyao ribbon has always won by quality, and has never done such a business as making money at a loss, or clearing inventory at a loss.

This point, Yun Chaochao is very clear.

What she didn't know was why Yun Zhilei hid the matter of on-site verification.

"Yun Lao, the U.S. Department of Commerce is going to come over for on-the-spot verification next week?" Yun Chaochao was originally a direct character, and when he talked to his father, he naturally didn't need any twists and turns.

"How did Rainbow Dash know?" Yun Zhilei asked, which was equivalent to admitting it in disguise.

"Why are you hiding such a big matter from me?" Yun Chaochao didn't say how he knew, and he didn't mention Si Nian.

Yun Zhilei had a heart to hide it, and Si Nian could only know it from the wall board of the lawyer group.

To be strict, it can be regarded as a bit of a dereliction of duty, and leaking the progress of the case with unrelated people.

Not strictly speaking, Si Nian can also be regarded as a small half of the parties, and he was directly involved at the beginning.

Yun Chaochao has no intention of wasting time on non-critical issues.

"Didn't I ask you when your final exams were last week?

Recently, Yun Chaochao was worried about the results of the college entrance examination on the one hand, and he was preparing for his final exam.

With Yun Chaochao's strong character of wanting to be the first in every class, the final exam is also very important to her.

There are a lot of homework assignments that take time in architecture, and it has nothing to do with whether you are a master or not, whether you are intelligent or not, it is to have a liver.

When I went to college, I still wanted to be the first in every class, and the hard work I had to put in in Tsinghua University, where there were many top students, was also conceivable.

There were two courses last semester because the usual grades were one and a half points worse than enough to make Yun Chaochao depressed for a whole winter vacation, Yun Zhilei didn't want Yun Chaochao's summer vacation, and it was also ruined because of things like leave.

What's more, if the on-site verification time and the final exam collide, it is not a matter of asking for leave to deduct one and a half points from the usual grades.

If you don't take the final exam, you will miss the exam, and if you miss the exam, you will have no grades, and if you don't have a grade, you will have to make up the exam.

Yun Chaochao is so big, when has it been related to the word make-up examination?

Yun Zhilei didn't say it, he felt sorry for his daughter.

You can also ask for leave in normal times, and put it in the final exam, which has a great impact.

If there is a make-up exam, it should not be a scholarship.

Of course, Yun Chaochao is not short of scholarship money, but it is an honor, and it has nothing to do with money.

Yun Chaochao is going to get a special scholarship from Tsinghua University.

This selection, known as the "Immortal Fight of the Year", cannot be open to "ordinary people" who have the results of the make-up examination.

The Chao Dynasty girl usually doesn't have any hobbies.

The only two can be called hobbies, that is, exams and awards.

However, of course, it is more important than the scholarship of the father.

On the other hand, Yun Zhilei also feels that his daughter's affairs are greater than everything.

This is the situation where Si Nian was coldly given an army.

"You know I'm going to go back, so you should tell me. "Yun Chaochao has always liked to Yun Zhilei's heart.

"Rainbow Dash wants to give Yun Lao a little confidence, I believe that Yun Lao will be able to handle it. ”

"Don't believe it, you are a person who did not want to respond to the lawsuit before, I find it hard to believe that you will do your best for on-the-spot verification. If you don't come early or late, you just picked such a time. ”

If you go back, you must go back, and it must be inevitable to be depressed.

"All I have to do is fill out the volunteers. Chao Changchang directly gave the solution: "If your girlfriend doesn't dislike it, I'll go for you?"