How to verify a Chinese company
The report is a company verification from the official China company registry system. Chinese companies have to file their Annual Report covering a natural year within 6 months of the next year. Other These reports are filed by certified accountant firms and contain essential company information, contact details, shareholding details and financials. In most cases financials are not disclosed to the public.
In addition, chinese entities have to report other changes or modifications within 20 business days. These changes include secured loans and mortgages, capital contributions, equity changes, administrative sanctions and changes in business license. Government bodies reporting information to the system have 7 business days to file the information and it has to be published within 2 business days.