MIRA
INFORM REPORT
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Report Date : |
30.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
WINNER INTERNATIONAL INDUSTRIES LTD. BEIJING OFFICE |
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Registered Office : |
Rm 1503, Guangqumennei Avenue, Chongwen District, Beijing,
100062 Pr |
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Country : |
China |
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Date of Incorporation : |
July 8, 2005 |
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Com. Reg. No.: |
0013299 |
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Legal Form : |
Representative Office |
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Line of Business : |
Importing and exporting
chemicals, full sets equipment, electromechanical devices, iron & steel,
garments, caps & shoes, general merchandise, decoration materials and
coal; processing with imported materials, and market research. |
RATING &
COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Unknown |
name & address
WINNER INTERNATIONAL INDUSTRIES LTD. BEIJING OFFICE
RM 1503, GUANGQUMENNEI AVENUE,
CHONGWEN DISTRICT, BEIJING, 100062 PR CHINA (AS GIVEN)
TEL : N/A
FAX : N/A
Narrative report
This refers to a
type of report whose format is different from that of a standard report. Such
type of report is provided when:
l
Information obtained is insufficient for compiling a standard report.
l
The enquired co has been out of business or its business address has
been untraceable.
It should be noted that the time and manpower spent on preparing such
type of report might be greater than those on a standard report. On many
occasions, the information in this type of report still indicates the current
status of the enquired co. and serves as a useful reference to assess its
credit standing.
From external sources, we found the following tel. numbers of SC:
010-58613497 / 83169078 / 63470369
However, all the numbers do not exist now.
Exhausting our efforts, we were unable to find its new
telephone number in various information sources, including the internet, yellow
pages and telecom companies.
The address client
provided is:
RM 1503, GUANGQUMENNEI street, CHONGWEN DISTRICT, BEIJING
The address is not in detail, therefore, a site visit is
impossible at present.
The given company name: Winner International Industries Limited.
As our confirmation, the above company name is the name of SC’s shareholder, and SC’s correct company name should be Winner International Industries Limited Beijing Office.
At the
local AIC (Administration of Industry & Commerce), we found registered
information of SC as following:
Incorporation Date :
July 8, 2005
Registration No. :
0013299
Registered Legal Form :
Representative Office
SC’s registered
business scope includes liaison business of importing and exporting chemicals,
full sets equipment, electromechanical devices, iron & steel, garments,
caps & shoes, general merchandise, decoration materials and coal;
processing with imported materials, and market research.
MAIN SHAREHOLDERS:
Name
% of
Shareholding
Winner
International Industries Limited (Hong
Kong) 100
SC is unable to be contacted, and caution is advised
related to dealings with persons claiming to represent such an entity.
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)