INITIATION OF NEW SHIPPER REVIEW-BONDING OPTION ON RAW FLEXIBLE MAGNETS FROM CHINA EXPORTED AND PRODUCED BY JINGZHOU MEIHOU FLEXIBLE MAGNET COMPANY, LTD. (A-570-922-002)

1. COMMERCE IS CONDUCTING A NEW SHIPPER ADMINISTRATIVE REVIEW OF THE ANTIDUMPING DUTY ORDER ON RAW FLEXIBLE MAGNETS FROM THE PEOPLE'S REPUBLIC OF CHINA (“PRC”) (A-570-922) FOR THE PERIOD 09/01/2009 THROUGH 02/28/2010. 2. THE NOTICE OF INITIATION FOR THIS REVIEW WAS PUBLISHED IN THE FEDERAL REGISTER ON 04/30/2010 [75 FR 22740]. 3. FOR SHIPMENTS OF RAW FLEXIBLE MAGNETS FROM THE PRC EXPORTED AND PRODUCED BY THE FOLLOWING COMPANY, ENTERED, OR WITHDRAWN FROM WAREHOUSE, FOR CONSUMPTION ON OR AFTER 04/30/2010, A BOND OR OTHER SECURITY DEPOSIT IS PERMITTED, AT THE IMPORTER'S OPTION: EXPORTER: JINGZHOU MEIHOU FLEXIBLE MAGNET COMPANY, LTD. PRODUCER: JINGZHOU MEIHOU FLEXIBLE MAGNET COMPANY, LTD. CASE NUMBER: A-570-922-002 DEPOSIT RATE: 185.28 PERCENT THE OPTION TO POST A BOND OR OTHER SECURITY DEPOSIT MAY ONLY BE MADE AVAILABLE TO THE EXPORTER/PRODUCER COMBINATION IDENTIFIED ABOVE ONLY IN THE COMBINATION IDENTIFIED ABOVE. FOR SHIPMENTS OF SUBJECT MERCHANDISE FROM THE EXPORTERS IDENTIFIED ABOVE IN ANY OTHER COMBINATION, CASH DEPOSITS ONLY SHOULD BE COLLECTED AT THE 185.28 IN EFFECT ON THE DATE OF ENTRY. THE COUNTRY-WIDE RATE CURRENTLY IN EFFECT IS 185.28 PERCENT. 4. IN ACCORDANCE WITH T.D. 85-145, AT THE DISCRETION OF CBP, CUSTOMS OFFICERS MAY ACCEPT EITHER A SINGLE-ENTRY BASIC IMPORTATION AND ENTRY BOND OR A CONTINUOUS BASIC IMPORTATION AND ENTRY BOND ONLY IF THE AMOUNT OF THE ESTIMATED ANTIDUMPING OR COUNTERVAILING DUTY IS LESS THAN FIVE PERCENT AD VALOREM (OR THE EQUIVALENT). OTHERWISE, WHERE THE IMPORTER HAS THE OPTION TO POST A BOND FOR ESTIMATED ANTIDUMPING OR COUNTERVAILING DUTIES, CUSTOMS OFFICERS MUST REQUIRE A SINGLE-ENTRY BASIC IMPORTATION AND ENTRY BOND PURSUANT TO T.D. 85-145. YOU ARE INSTRUCTED TO ADHERE TO THE REQUIREMENTS OF T.D. 85-145 WITH RESPECT TO THESE BONDING REQUIREMENTS. 5. UNLESS INSTRUCTED OTHERWISE, FOR ALL OTHER COMPANIES IDENTIFIED IN THE ANTIDUMPING DUTY MODULE, THE CASH DEPOSIT RATE IS THE RATE PROVIDED THEREIN. 6. FOR ALL OTHER EXPORTERS OF RAW FLEXIBLE MAGNETS FROM THE PRC WHICH DO NOT HAVE SPECIFIC RATE IN THE MODULE, THE CASH DEPOSIT RATE CONTINUES TO BE 185.28 PERCENT. 7. THE OPTION OF A BOND IN LIEU OF A CASH DEPOSIT WILL REMAIN IN EFFECT FOR IMPORTS OF SUBJECT MERCHANDISE EXPORTED AND PRODUCED BY THE ENTITIES IDENTIFIED IN PARAGRAPH 3 UNTIL PUBLICATION OF THE FINAL RESULTS OF THE NEW SHIPPER REVIEW. 8. IF THERE ARE ANY QUESTIONS REGARDING THIS MATTER BY CBP OFFICERS, THE IMPORTING PUBLIC OR INTERESTED PARTIES, PLEASE DO CONTACT DAVINA HASHMI OR RON TRENTHAM AT THE OFFICE OF AD/CVD OPERATIONS, IMPORT ADMINISTRATION, INTERNATIONAL TRADE ADMINISTRATION, U.S. DEPARTMENT OF COMMERCE, AT (202)482-0984 OR (202) 482-3577, RESPECTIVELY (GENERATED BY 04:ZW). 9. THERE ARE NO RESTRICTIONS ON THE RELEASE OF THIS INFORMATION. MICHAEL B. WALSH