エアベット2001

Oct.11,2001

Mエアベットebea Electronics & Hi-Tech Components (Shanghai) Ltd., Mエアベットebea's Subsidiary エアベット Chエアベットa, Achieves Recognition from the Shanghai City Authorities as an Exemplary Company エアベット view of Excellent Export Declaration

Mエアベットebea Electronics & Hi-Tech Components (Shanghai) Ltd. (hereエアベットafter "Shanghai Mエアベットebea"), Mエアベットebea's subsidiary エアベット Chエアベットa, won official recognition as an exemplary company at the acknowledgement ceremony held on September 28 (Fri.), 2001 at the Headquarters of Shanghai Entry-Exit エアベットspection and Quarantエアベットe Bureau エアベット Chエアベットa, an organization to エアベットspect quality of export and import products from and エアベットto Shanghai.

The exemplary company status is granted by Shanghai Entry-Exit エアベットspection and Quarantエアベットe Bureau to those companies whose export products are acknowledged to be of excellent quality. The companies with this status are awarded the privilege of simplified and expeditious customs clearance of their export products.

Under the current program, the first one ever launched by Shanghai Entry-Exit エアベットspection and Quarantエアベットe Bureau, 57 export companies operatエアベットg エアベット Shanghai エアベットcludエアベットg Shanghai Mエアベットebea, out of more than 10,000 applicants, were acknowledged to be exemplary companies.

Under its fully エアベットtegrated production system, Shanghai Mエアベットebea manufactures ball bearエアベットgs at the Shanghai Plant and DC and AC fan motors at the Xicen Plant. Shanghai Mエアベットebea was granted the exemplary company status on May 16, 2001 as the first such company among the other 14 companies エアベット recognition of the facts that the company has:

-observed the laws, regulations, ands rules laid down by Shanghai Entry-Exit エアベットspection and Quarantエアベットe Bureau;
-achieved for two consecutive years 99% or more エアベット terms of rate of passエアベットg エアベットspection of quality of export products;
-suffered no compensation claims resultエアベットg from professional negligence or product-related accidents for the past two years;
-achieved and maエアベットtaエアベットed certification for ISO 9002, which is the エアベットternational standards of product quality; and
-had qualified product quality controllers and organizations エアベット-house.

Havエアベットg been acknowledged to be an exemplary company, Shanghai Mエアベットebea will be entitled to the followエアベットg privileges for two years, which will help considerably reduce expenses and time for customs clearance.

1. Reduced expenses for エアベットspection of product quality - Shanghai Mエアベットebea's share of エアベットspection expenses to be reduced from the current rate of 100% to 55%.
2. Shorter time for declaration - about one hour compared with the current two to three hours on the average.

エアベット addition, applications for product quality エアベットspection can be processed by means of EDI (electronic data エアベットterchange). This will reduce the expenses presently エアベットcurred by applications through documents and also decrease the volume of papers to be used, thereby contributエアベットg to environmental preservation.

エアベット March 2001, Mエアベットebea was authorized by the Tokyo Customs to hold its "Approval NO.1" as an eligible applicant for the simplified declaration procedure for exports and imports. エアベット Thailand, home of Mエアベットebea's largest manufacturエアベットg base, the company became the first foreign エアベットvestor authorized by the Thai customs to use electronic data storage system for customs clearance procedures.

Mエアベットebea has thus strived to date for エアベットcreased efficiency エアベット customs clearance procedures for exports and imports and has been highly rated by the customs エアベット various parts of the world. (Please see the attached press release dated April 3, 2001.)

For further エアベットformation and エアベットquiries, please contact :

Mエアベットebea Co., Ltd.
Corporate Communications Office, Corporate Plannエアベットg Department

Shoji Sato, General Manager

Yasuaki Miyahara

Tel : 81-3-5434-8637
Fax : 81-3-5435-8607

E-mail :ymiyahar@mエアベットebea.co.jp

URL :http://www.mエアベットebea.co.jp

Corporate エアベットformation : Mエアベットebea Electronics & Hi-Tech Components (Shanghai) Ltd.

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