JAT 1.43% 71.0¢ jatcorp limited

Is JAT creating a MONSTER, page-108

  1. 3,323 Posts.
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    Following on with the progress summary on JAT. I forgot to mention this. IMO another important thing that JAT has done in the last few months is ensure that no fake JAT products can be made in China and passed off as genuine. And to streamline approval for JAT products.

    It is hard to believe the things that have been copied by unscrupulous companies in China. It’s especially a surprising in a place like China where penalties for corruption for instance, can lead to capital punishment. I bought some fake Denso iridium spark plugs with no iridium. They “Looked Good”.

    JAT has entered into an agreement with CCIC Australia Pty Ltd under which CCIC Aust will manage the Chinese registration, approval, certification and traceability of products produced in Australia by JAT and its subsidiaries. The initial functions to be undertaken by CCIC Aust are as follows:
    • Consular solutions for JAT’s products exported to China;
    • Technical support to obtain approval and product registration in China for JAT’s products manufactured in Australia;
    • ANMA’s dairy manufacturer Chinese licence review and approvals for new products;
    • Pre-shipment inspection and traceability service;
    • Certification;
    • Chinese label approval; And
    • Quality pre-testing, including sampling at origin and testing by recognized laboratories according to Chinese standards, to ensure that the products meet Chinese import requirements.



    The Importance of this move cant be understated IMO. JAT is covering most things well. Contracts also seem tight and to JAT's benefit if there are problems as well.

    GLTAH DYOR
    Last edited by CaptainSteve: 30/11/19
 
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