Huayou New Energy Technology (Quzhou) Co Ltd in Quzhou, East China's Zhejiang province, recently obtained an Authorized Economic Operator (AEO) certification, making it the fifth enterprise in Quzhou with senior certifications.

AEO senior certification is the highest level of customs credit certification. Certified enterprises enjoy faster clearance and less supervision, in addition to other customs benefits.

Meanwhile, certified enterprises benefit from AEO recognition from 23 economies and 49 countries and regions, reducing the cost of customs clearance.

Quzhou Huayou Cobalt New Material Co Ltd is also a beneficiary of AEO certification.

After the enterprise obtained the certification in 2021, it enjoyed faster customs clearance. The enterprise also further expanded into overseas markets, and its scale of foreign trade saw rapid growth, said Li Jingjing, customs manager of the enterprise.