On July 8th, officials from the Qidong Municipal Tax Bureau visited Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (hereinafter "CIMC SOE") to present the company with an award plaque inscribed "Class-A Tax Credit Enterprise (2020-2024)." This recognition not only reflects the tax authorities' acknowledgment of the company's long-term commitment to compliant tax practices but also showcases the collaborative efforts between tax authorities and enterprises in driving local economic development.
During the award ceremony, Cai Dan, Member of the Party Committee and Head of the Discipline Inspection Team at the Qidong Tax Bureau, highly commended CIMC SOE’s tax management. She emphasized that maintaining Class-A tax credit for five consecutive years demonstrates the company’s "respect for the law, sense of responsibility, and a vivid practice of its integrity-driven business philosophy." Shi Chongbing, CFO of CIMC SOE, accepted the plaque on behalf of the company, stating: "This honor stems from the professional guidance and precise services provided by the tax authorities over the years. It is the result of our entire team’s unwavering commitment to compliance and serves as a ‘gold standard’ for our sustainable development." Both parties also engaged in in-depth discussions on optimizing tax services and enhancing policy coordination.
"Tax credit is an intangible asset more persuasive than any commercial advertisement," the release noted. In China’s tax credit rating system, Class-A represents the highest tier. Achieving this for five consecutive years requires zero tax violations, zero late or missed payments, and consistent compliance with core indicators such as tax declaration accuracy and tax compliance rates. This accolade epitomizes CIMC SOE’s meticulous efforts in tax management over the years.
The five-time recognition not only summarizes past achievements but also motivates future progress. CIMC SOE will leverage this milestone to deepen collaboration with tax authorities, striving to become an industry benchmark for "ethical operations and tax compliance" while injecting stronger "blue momentum" into Qidong’s economic and social development!
