Our distributor signed contract with JingDong, our biggest e-commerce channel, to sell DA paper on their website. They will renew the contract every year, but their inspection of document turned to be very strict this year. Since we don’t have Trademark Authorization Certification for registration number 7354566, they locked our distributor’s account and prohibited them to sell paper in their channel.
Due to there are over half a month our distributor hasn’t provide the sealed Authorization Certification to Jingdong, they will charge distributor 30,000RMB as deposit to reopen their right to sell DA paper in their channel, and if we do not provide the Authorization Certification within this week, they will also charge an amount of money as penalty.
Our distributor signed contract with JingDong, our biggest e-commerce channel, to sell DA paper on their website. They will renew the contract every year, but their inspection of document turned to be very strict this year. Since we don’t have Trademark Authorization Certification for registration number 7354566, they locked our distributor’s account and prohibited them to sell paper in their channel. Due to there are over half a month our distributor hasn’t provide the sealed Authorization Certification to Jingdong, they will charge distributor 30,000RMB as deposit to reopen their right to sell DA paper in their channel, and if we do not provide the Authorization Certification within this week, they will also charge an amount of money as penalty.
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