Ltd. had no administrative or criminal illegal records of smuggling or violating customs supervision regulations within 24 months before the occurrence of the illegal act.Export DrawbackIn accordance with Article 33

Paragraph 1 of the Administrative Penalty Law of the Peoples Republic of China

Article 14

Paragraph 1 of the Regulations of the Peoples Republic of China on the Implementation of Customs Administrative Penalties

and with reference to Article 7

Paragraph 2 of the Benchmark for the Discretion of Customs Administrative Penalties of the Peoples Republic of China (I)

Shanghai Customs decided not to impose administrative penalties on Ningbo Xingyue Trading Co.

Ltd. On May 21

2024

the customs officially made this decision.

Article 33

Paragraph 1 of the Administrative Penalty Law of the Peoples Republic of China stipulates that for minor illegal acts that are promptly corrected and cause no harmful consequences

administrative penalties may not be imposed. Article 14Export ClearanceParagraph 1 of the Regulations of the Peoples Republic of China on the Implementation of Customs Administrative Penalties further clarifies the specific circumstances for not imposing administrative penalties.

According to Article 7

Paragraph 2 of the Benchmark for the Discretion of Customs Administrative Penalties of the Peoples Republic of China (I)

Conclusion

for first - time violations of customs supervision regulations with minor circumstances and no serious consequences