MIRA
INFORM REPORT
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Report Date : |
19.09.2007 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
No.18 |
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Country : |
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Date of Incorporation : |
22.08.2007 |
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Com. Reg. No.: |
120101000004290 |
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Legal Form : |
One-person Limited Liability Company |
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Line of Business : |
Trading |
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 : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
COMPANY NAME &
ADDRESS
No.18
TEL: 86 (0) 22-23302309
FAX: 86 (0) 22-23302213
EXECUTIVE SUMMARY
INCORPORATION DATE : august 22, 2007
REGISTRATION NO. : 120101000004290
REGISTERED LEGAL FORM : One-person Limited Liability Company
CHIEF EXECUTIVE : MR. wu linhui (CHAIRMAN)
STAFF STRENGTH : 2
REGISTERED CAPITAL : CNY 500,000
BUSINESS LINE : trading
TURNOVER : n/a
EQUITIES : n/a
PAYMENT : Not yet determined
RECOMM.
MARKET CONDITION : n/a
FINANCIAL CONDITION : N/A
OPERATIONAL TREND : n/a
GENERAL REPUTATION : N/A
EXCHANGE RATE : CNY7.52 = US$1 AS OF 2007-9-19
Adopted abbreviations:
ANS - amount not stated
NS - not stated SC - subject company (the company inquired by you)
NA - not available
CNY -
SC was registered as a one-person limited liability company at local Administration for Industry & Commerce (AIC - The official body of issuing and renewing business license) on August 22, 2007.
Company Status: One-person Limited Liability Company Single person LLC refers to a limited liability company set
up by only one natural person or legal person as the single shareholder of
it. The minimum registered capital of Single person LLC is
CNY100,000. The shareholder’s capital contributes, as set out by the
articles of associations should be a lump-sum payment in full. One natural person can only invest in and set up one
limited liability company, which is not permitted to invest in and set up a
new Single person LLC. As to any one-person limited liability company, the
sole-investor nature of the natural person or legal person shall be
indicated in the registration documents of the company and shall be
indicated in the business license thereof as well. The regulation of Single person LLC should be set up by the
shareholder The regulation of Single person LLC has no shareholder
meeting.
SC’s registered business scope includes importing and exporting various kinds of commodities and technologies, excluding the goods forbidden by the state.
SC has not started its normal operation yet.
Mr. Wu Linhui has been chairman of SC since 2007.
SC is known to have approx. 2 staff members at present.
SC is currently operating at the above stated address, and this address houses its operating office in the commercial zone of Tianjin. Our checks reveal that SC rents the total premise about 50 square meters.
http://www.tjmrjh.com The design is professional and the content is well organized. At present the web site is both in Chinese and English versions.
E-mail: zgtjmrjhgs@yahoo.com.cn
No significant events or changes were found during our checks with the local Administration for Industry & Commerce.
SHAREHOLDERS:
Name % of Shareholding
Wu Linhui 100
Chairman and General Manager:
Mr. Wu Linhui , 37 years old with university education. He is currently responsible for the overall management of SC.
Working Experience(s):
From 2007 to present Working
in SC as chairman and general manager.
Established in August of 2007, SC has not started its normal operation yet.
SC is not known to have any subsidiary at present.
Overall payment appraisal :
( ) Excellent ( ) Good ( ) Average ( ) Fair ( ) Poor (X) Not yet determined
The appraisal serves as a reference to reveal SC's payments habits and ability to pay. It is based on the 3 weighed factors: Trade payment experience (through current enquiry with SC's suppliers), our delinquent payment and our debt collection record concerning SC.
Trade payment experience : None in our database.
Delinquent payment record : None in our database.
Debt collection record : No overdue amount owed by SC was placed to us for collection within the last 6
years.
SC declined to release its bank details.
SC was established recently in 2007, and its financial reports are not available at present.
SC was established recently in August of 2007, and its credit has not been established yet. Credit dealings with SC are recommended under secured terms at present.
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%)