Hong Kong Inventory is an electronic marketplace to find electronic parts, sell electronic parts.

Stock & Trade Reference Certificate (STRC) is designed to verify member's In-Stock status of their inventory and their records of trade references. Suppliers with their own stock are easily recognized and provide better confidence to Buyers.

Benefits of using STRC

Convenience – you can directly upload your inventory online.

Competitive – make you stand out from your competitors.

Priority Listing - higher ranking in sorted result in Part Search pages.

Visibility - STRC tag easily identified among other members.

Credibility - To assure other members that you are serious and responsive to your clients. You are able to quote the price quickly and ready to ship the goods as the order confirmed.

Exclusive rights of STRC Member

1. After application succeeds, each applicant will undergo a strict STRC evaluation process that may take up to 3 months. During the probation period, the STRC tag will be in dim grey colour. A gold colour STRC tag and STRC certificate will be offered to official STRC member.
   



STRC Tag
DIM Grey color STRC tag - Probationary tag for new applicant
GOLD color STRC tag - Official tag for STRC company

2. STRC membership gives your company something extra. Your customers will know that your business values credibility. Gold tag member can place a "STRC Member of HKin.com" logo onto their online marketing material to increase recognition.



a. You may place the logo on your own official company website;
b. You may place the logo on your e-Catalog in HKin.com if you have no official company website.

3. With STCR, your In-Stock items will be differentiated from a gold tag icon and displayed in a higher ranking in sorted result in Part Search pages.

   In-stocks—you actually own the items and able to deliver the items upon receipt of purchase order.
   Stocks—items are available but not own by you.

1. The Applicant must be an active HKin.com Standard or Corporate member for at least 3 consecutive months.
2. A copy of a valid business registration / business license for verification.
3. Provide 4 trade references with business trade records within the past 6 months (two of which must be companies based outside China).
4. Provide support documentation to prove that your goods are in-stock.
5. An application fee US$1,200.00 is required to pay along with application.

Member Regulations

1. As an STRC member, you are hereby required to provide true and accurate in-stock inventory data, guarantee the authenticity and accuracy of the data, and be able to ship the goods to the purchasing party ("Buyer") within two working days.
2. As an STRC member, you agree to update your inventory data at least once within every 2 working days.
3. As an STRC member, you agree to reply Buyers' request for quotations within 2 working days.
4. You agree to unconditionally accept Escrow as a payment method in the event that a Buyer requests to pay through Escrow service.
5. You (either the new applicant or renewal member) must place the STRC member logo on the following area within 3 months:

   a. Your official company website
   b. Your e-Catalog in HKin.com if you have no official company website

6. You agree to accept credit checks conducted by HKin.com from time to time.
7. You, as an STRC member, must conduct business in good faith.
8. As an STRC member, you are required to update your information once a year.
9. HKin.com will periodically evaluate STRC members’ credibility and validate qualified companies with a STRC certificate.

Termination of STRC Service

1. HKin.com reserves the right to suspend or terminate your STRC membership under any of the following conditions:
   1. The STRC member has an invalid business license and is unable to provide a valid replacement within 1 month's time;
   2. Only Standard and Corporate members are eligible to benefit from STRC value-added service. Thus, with the expiration of Standard or Corporate membership, STRC status will also be automatically terminated.
   3. The applicant (either the new applicant or renewal member) has not placed the STRC member logo within 3 months on the following areas:
      1. Your official company website
      2. Your e-Catalog in HKin.com if you have no official company website
   4. After the STRC member reaches 3 counts of any of the below in 6 months:
      1. Inaccurate in-stock inventory data;
      2. The STRC member fails to update inventory once every 2 working days;
      3. The STRC member fails to reply customer inquiries within 2 working days;
      4. Verified complaints of the STRC member.
   5. The STRC member engages in any fraudulent behaviors during trade transactions.

   Notes:
   - Reactivation of STRC service following invalidation due to conditions a) and b) as below requires a re-application fee.
   - Reactivation of STRC service following suspension due to condition c) and d) as below can be made after a 6 month suspension period and requires a re-application fee.
   - Reactivation of STRC service terminated due to condition e) will be revoked by us indefinitely.

2. Prior to terminating STRC services, HKin.com will provide the STRC member written notice via email or letter.

Other Terms and Conditions

1. It is your duty as a STRC member to ensure that your account user name and password is well-protected and not disclosed to third parties. You agree to take full legal responsibility of all log-in activities and events associated and relevant to your user account.
2. Should you, as an STRC member, violate commercial law and governing legislations, you will voluntarily undertake complete responsibility and liabilities of the damages that arise against other HKin.com users.
3. STRC certification only serves as a trade reference for STRC members in the agreed period of time. HKin.com does not act as a guarantor for any STRC member in their trade transactions. You acknowledge that any dispute and/or loss of goodwill which may arise from the trade transaction is a matter taken by you solely and HKin.com shall have no liability or responsibility of whatsoever nature in respect of any failure, omission, breach or default of any obligations provided therein.
4. We reserve the right to reject and/or discontinue any company that may or may not be qualified for STRC.
5. HKin.com has the final explanation right to this Agreement.

Application Fee

1. The fee for STRC certification is US$1,200.00 per application.
2. The STRC status is effective indefinitely upon approval, under the provision that the STRC membership is not discontinued.
3. In the event that the Applicant fails to be approved, US$200.00 will be deducted from application fees for verifying work and the rest of amount will refund to the Applicant.

If you are already a Member, please click to sign-in and apply for STRC verification.

General Questions

What is the purpose of STRC?
How does STRC tag work?
Are HKin.com members required to apply for a STRC?
How will information provided to HKin.com be used?

Application

How do I obtain STRC?
Why send a copy of Business Registration / License for application of STRC?
How much does STRC cost?
How long do I need to wait for my application approval?
How will I be notified that my application has been approved or not?
How do I cancel my STRC?
If my application has been rejected, can I apply for it again?

Regulations

How do I maintain my STRC status?
What is meant by spot checks?
How are suppliers sampled?
Under what circumstances will a STRC application be rejected?
When will a company's STRC be removed?
Do I need to renew my STRC?
Is STRC an official validation?

*If your company is registered in Mainland China, please download the Simplified Chinese version.

For more information, please contact STRC Department
Email: strc@hkinventory.com
Hong Kong Office     Tel: (852) 2787 4210        Fax: (852) 2787 4103
Shenzhen Office    Tel: (86) 755 8364 0208      Fax: (86) 755 8364 0218

General Questions

What is the purpose of STRC?
Prevent companies from listing its accessible inventory as "in-stock" that they don't actually carry in their warehouse.

A STRC tag is used to identify stock items which are readily available in members' warehouses. It also assures other buyers that these HKin.com members are pre-qualified suppliers, are committed to respond to RFQs and are ready to ship their in-stock items within 2 working days.

How does STRC tag work?
The STRC tag will automatically be activated on STRC in-stock items which have priority listing over available inventory in our Stock Trading Center. STRC members are required to update their  inventory data at least once every 2 working days. 

Are HKin.com members required to apply for STRC?
Application for STRC is entirely voluntary, however, it is highly recommended as STRC helps companies increase their recognition and maximize exposure with priority listing in Stock Trade Center.

How will information provided to HKin.com be used?
Hong Kong Inventory Limited takes your privacy seriously. The information we collect is solely for verification of your application. We will not disclose your information to third parties.

Application

Why send a copy of Business Registration / License for application of STRC?
Business registration / license documents are used to verify the applicants authenticity and to prevent companies with fraud identity to obtain STRC.

How much does the STRC cost?
This is a value-added service for our Standard and Corporate Members and is US$1,200.00 per application.

How long do I need to wait for my application approval?
Application approval usually takes up to 2 weeks after receiving the copy of your business registration / license. Each applicant needs to go though 3-month evaluation period before obtaining an official gold STRC tag. During the evalution period, the member will have a grey STRC tag to show in-stock inventory.

How will I be notified that my application has been approved or not?
We will send you a letter confirming that your application has been approved or not. If you do not receive the letter within 12 weeks after the submitting Business Registration / License copy to us then it is possible that we did not receive your documents.

How do I cancel my STRC?
If you wish to cancel your STRC, you may send an email to strc@hkinventory.com for cancellation.

If my application has been rejected, can I apply for it again?
If my application has been rejected, can I apply for it again?
Yes, you can. You may re-apply for STRC after a 6 month wiating period. However, US$200.00 will be deducted from application fees for verifying work and the rest of amount will refund to the Applicant.

Regulations

How do I maintain my STRC status?
-The in-stock listings STRC members provide must be actual existing stock. In-stock listings must be true and accurate. STRC members are required to make shipment in 2 working days.
-STRC suppliers must update their inventory listings every 2 working days.
-STRC members must reply buyers’ RFQs within 2 working days.
-STRC members must unconditionally accept buyers’ request using Escrow as payment method.
-STRC must provide photos of their in-stock inventory within a given time frame whenever requested.
-STRC must conduct business in an ethical manner.

What is meant by spot checks?
STRC members are now required to send photos of requested in-stock parts to strc@hkinventory.com. The STRC Department will send you a spot check request email at any given time and you are required to reply us within the next 4 hours. The photo should contain your in-stock item, business card and a newspaper dated that same day.

How are suppliers sampled?
We will match posted requirements from a random selection of buyers (Basic members) with in-stock components from STRC suppliers. Buyers may choose to deal with these STRC suppliers. We may have a random spot-check on STRC members occasionally . If sellers haven't responsed within 2 working days or without in-stocks parts during the deal, buyers are asked to report the incident back to us and our staff will address the violation accordingly.

Under what circumstances will a STRC application be rejected?
When the applicant does not have verified stock in their warehouse, give incorrect information, have poor trade records or do not submit a copy of their valid business registration / license document on time.

When will a company's STRC be invalidated?
STRC membership will be suspended/terminated should HKin.com receive any 3 confirmed and verified counts of: 1) member complaints of the STRC member, 2) inaccurate in-stock inventory data, 3) failing to update inventory within 2 working days or 4) reply customer inquiries within 2 working days. STRC is terminated immediately should the STRC member engage in any fraudulent behaviors. Being unable to provide a valid business license for one month when required and the expiration of your Standard or Corporate membership will lead to the suspension of STRC status.

Do I need to renew my STRC?
No, upon approval, STRC membership is valid permanently unless it is discontinued from any of the aforementioned reasons. HKin.com will conduct an annual evaluation to ensure all information is up-to-date. 

Is STRC an official validation?
No, STRC cannot be considered as an official validation, STRC carries out a necessity to increase company online recognition. For Trade assurance, we recommend to verify a company and its products through an inspection company.