Blog_Fujian Tung Kang Steel Co., Ltd

The State Council: Payment for project funds must not exceed 60 days! Interest will be charged for overdue payments, effective September 1!

The State Council's No. 728 Order, the "Regulations on Guaranteeing Payment to Small and Medium-sized Enterprises," came into effect on September 1, 2020. To ensure timely payment of overdue funds owed to SMEs, the Regulations stipulate that government agencies and public institutions shall pay within 30 days from the date of delivery of goods, completion of projects, or provision of services when procuring such items from SMEs. If the contract includes a different payment term, the maximum payment period shall not exceed 60 days. Additionally, if construction contractors are required to provide advance funding for government-invested projects, the relevant government agencies and public institutions will be held accountable. It is strictly prohibited to delay payments under the pretext of changes in legal representatives or key personnel, delays in internal payment procedures, or lack of explicit contractual agreements.

Release Time:

2020-09-01 10:24

The official website of Fujian Tung Kang Steel Co., Ltd. will be launched soon. Stay tuned!

Fujian Tung Kang Steel Co., Ltd (formerly known as Fujian Shiding Steel Co., Ltd.) was established in January 1998. Adhering to the philosophy of "Quality First, Customer Satisfaction, and Cost Advantage," Fujian Donggang provides customers with comprehensive services ranging from engineering design and material supply to steel structure fabrication, painting & galvanizing, and installation. Our commitment is to deliver products that not only boast an aesthetically pleasing appearance but also meet the highest quality standards. With a dedication to craftsmanship, unwavering integrity, and a spirit of continuous innovation, Fujian Donggang has become a trusted partner for numerous renowned companies.

Release Time:

2020-04-22 20:24

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Phone:0591-85295108
Address: No. 5 Yanxi Road, Hongkuan Industrial Village, Yangxia Town, Fuqing City, Fujian Province
Postal Code: 350323
Fax: 0591-85295128

Affiliated with: Donghe Steel Enterprise Co., Ltd.

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