If price quoted in USD or any foreign currency its total price excluding 13% VAT.
Exchange rates will be confirmed by PE after confirmation of the order.
If price quoted in RMB excluding 13% VAT unless otherwise mentioned.
Quotes are subjected to changes if there are any additional processes or any form of changes
on the technical data received after the official offer submission.
Any special requirements on packing requirements will be charged extra at actual, as those not
included in the pricing.
Any requirement on the tool qualification production more than 2 hrs will be charged extra at
actual unless otherwise mentioned in quote.
Quoted price does include any testing or measurement cost to be conducted at external facility
other than the in house sources and capabilities.
No oral commitment or agreement will be taken into account unless otherwise it’s in the email or
in written form.
Quoted price doesn’t include resin cost for the testing and validations, customer to provide the
materials for the testing and validations.
Only 3 times samples shipment cost on normal mode is considered in the tooling quote, if to be
changed to fast or express mode, will be charged extra at actual.
ECN samples shipment cost will be considered in the ECN quote or shipment on the
customer’s account.
Lead time will start once after the official receipt of PO from the customer.
Any form of delay on the feedback from the customer on technical or commercials reviews time
taken are not counted on the lead time from the quote, lead time will be counted only after
clearance from the customer.
Only 3 to 4 times trials considered in price, if more trials to be taken cost will be charged extra
at actual.
Any process validations or DOE to be conducted on the products the cost will be charged extra
at actual.
Travel and accommodation expenses for the technical discussion at customer’s base will be
charged extra at actual.
Validity of Offer
Validly of the offer is 30 days from the date of submission.
Quoted price are subjected change or re – evaluations if order confirmed after the validity period.
(30 days).
Delivery Terms
Delivery terms will be Ex- works Suzhou PE.
Any change on the above general delivery terms need to be discussed and agreed with PE
before confirmation of the order and PO release.
Any special requirements on packing requirements will be charged extra at actual, as those not
included in the pricing.
Payments Terms
For the new tool development 50% down payment upon order confirmation, 20% after FOT
samples submission, 20% after Mold approval and Final 10% upon Tool delivery.
For ECN and tool modifications 100% upon ECN completion, irrespective to ECN approval from
the END customers.
Credit terms will be flat 30 days from the date of invoice from PE.
Any overdue payments beyond 30 days will be subjected to interest by PE.
For the domestics business any overdue payments beyond 90 days are subjected to 13% VAT,
which will be charged accordingly.
Above terms and conditions are originally generated in English any translation mismatch need to
clarified with PE Sales department.
