MIRA
INFORM REPORT
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Report Date : |
08.09.2007 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
No. 40, Building 1,
Yongxinglou Area, Baima Bridge, Taijiang District Fuzhou City, Fujian
Province 350009 Pr |
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Country : |
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Date of Incorporation : |
April 30, 2007 |
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Com. Reg. No.: |
3501032105419 |
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Legal Form : |
Limited Liabilities Company |
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Line of Business : |
Wholesaling, purchasing and selling hardware, groceries,
computers, software, furniture, handicrafts, building machinery, building materials,
generators, diesel engines, electric motors, electric controlled switches,
engineering machines, shoemaking machines, instruments &
meters, and industrial lubricant; importing and
exporting commodities & technology. Engaged in importing seafood. |
RATING & COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Undetermined |
name & address
no. 40, building 1, yongxinglou AREA,
TEL: 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:
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Information obtained is insufficient for compiling
a standard report.
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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.
According to the given address, we found a company named “Fuzhou Zhenfu
Trading Co., Ltd.”.
Its telephone number is:
0591-83395788
When we dialed the number, a lady who refused to release her name
answered the phone. She recognized SC’s English name, and told us SC’s Chinese
name. She also released that her company, Fuzhou Zhenfu Trading Co., Ltd., used
to provide inspection and agency services for SC. But the lady didn’t know the
current telephone number of SC. And we also unable to find SC’s telephone
number through various information sources.
The general registration of Fuzhou Zhenfu Trading Co., Ltd. are as
follows:
EXECUTIVE SUMMARY
INCORPORATION DATE : july 30, 2004
REGISTRATION NO. : 3501002018908
REGISTERED LEGAL FORM : limited liabilities company
STAFF STRENGTH :
4
REGISTERED CAPITAL : cny1,000,000
BUSINESS SCOPE : IMPORTING AND EXPORTING COMMODITY &
TECHNOLOGY
MAIN SHAREHOLDERS:
Name % of Shareholding
Gu Jianluan 70
Huang Zhixiong 30
The address client provided is:
Room 2506, 25/F, A Area,
According to the lady, the given address actually is the operating
address of her company - Fuzhou Zhenfu Trading Co., Ltd.
Based on our investigations, SC’s registered address should be the
heading one: no. 40, building 1, yongxinglou
AREA, baima bridge, taijiang district, fuzhou city.
Investigations were made with the local AIC according to
SC’s Chinese name, and we found SC’s
general registration information, as follows:
EXECUTIVE SUMMARY
INCORPORATION DATE : april 30, 2007
REGISTRATION NO. : 3501032105419
REGISTERED LEGAL FORM : limited liabilities company
REGISTERED CAPITAL : cny 30,000
BUSINESS LINE :
trading
SC’s registered business scope includes wholesaling,
purchasing and selling hardware, groceries, computers, software, furniture,
handicrafts, building machinery, building materials, generators, diesel
engines, electric motors, electric controlled switches, engineering machines, shoemaking
machines, instruments & meters, and industrial lubricant;
importing and exporting commodities & technology.
MAIN SHAREHOLDERS:
Name Investment
(’000) % of Shareholding
Chen Xiangxing 20 66.67
Chen Yanbin 10 33.33
OPERATION:
According to the lady, SC’s operation is as
follows:
SC is
mainly engaged in importing seafood.
SC sources its materials 20% from
domestic market, mainly
SC was established recently in 2007, and it can’t be contacted at
present. If the current telephone number can be provided, we would definitely
continue our investigation and update this report.
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%)