We, Pure Global Brands, Inc. have been doing trading business with Chinese manufacturers for many years and we used to purchase inflatable air beds/toys from this company: Yiwu Hongshang Plastic Products Co., LTD starting from 2019.
In 2020, we placed 4 orders purchasing “Pure Boxing punch N play for kids” and “Heavy bags for kids” from this supplier. As initially agreed, they are shipping all 4 orders in September 2020 and we paid 30% initial deposit/70% N45 days after cargo getting on board as payment term. This supplier broke contract with Pure Global Brands by asking increasing deposit percentage from 30% to 50% and increase the price by 8%. After long period of negotiation, Pure Global Brands paid total up to 75% deposit to this supplier (Yiwu Hongshang Plastic Products Co., LTD) but they still refuse to ship all 4 cargos and denied refunding money back. This is a big fraud from this Chinese supplier/factory, and they (Yiwu Hongshang Plastic Products Co., LTD) should be banned from doing any business with US clients.