MIRA INFORM REPORT

 

 

Report Date :           

12.12.2011

 

IDENTIFICATION DETAILS

 

Name :

CCI TECH INC.

 

 

Registered Office :

No.83, Chengtian Rd., Tucheng Dist., New Taipei City 236

 

 

Country :

Taiwan

 

 

Date of Incorporation :

26.11.2001

 

 

Com. Reg. No.:

12982169

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Manufacture and trading of advanced looms and its auxiliary tools for making fabric swatches

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 20,000

 

 

Status :

Moderate

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Taiwan

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Contact Points

 

Company Name:

CCI TECH INC.

Supplied Name:

CCI TECH INC

Trading Address:

No.83, Chengtian Rd., Tucheng Dist., New Taipei City 236, Taiwan (R.O.C.)

Supplied Address:

88-3 Cheng Tien Rd Tucheng City Taipei Hsien 236 Taiwan

Telephone Number:

+886 2-2267-7231/ 2-2267-7232

Fax Number:

+886 2-2267-7230

E-mail:

service@ccitk.com

Notes:

The supplied address is incomplete, and the exact address is as above.

 

 

Credit Summary

 

Credit Rating:

Maximum credit USD 20,000

Credit Opinion:

Business connections are permissible.

 

 

Company Identification Details

 

Registered Name:

CCI TECH INC.

Registered Address:

No.83, Chengtian Rd., Tucheng Dist., New Taipei City 236, Taiwan (R.O.C.)

Date of Foundation:

2001-11-26

Registration Number:

12982169

Registry:

New Taipei City Government

Registered Capital:

NTD 15,000,000 (USD 494,196)

(As of 2011.12, 1 NTD = 0.03295 USD)

Paid-up Capital:

NTD 15,000,000 (USD 494,196)

Legal Representatives:

Rilong Zhong

Legal Form:

Joint Stock Company

Principal Activities:

Manufacture and trading of advanced looms and its auxiliary tools for making fabric swatches

Staff:

N/A

Listed at Stock Exchange:

No

Date of Last Annual Return:

2011-8-31

 

Note:

The staff number is not available from the subject or other sources.

 

 

History

 

Subject was incorporated on 2001-11-26 with registered number 12982169 as Joint Stock Company in Taiwan.

Change of Name

Former Chinese Name

碩奇實業股份有限公司 (Shuo Qi Industrial Co., Ltd.)

Current Chinese Name

安培企業股份有限公司 (Ampere Enterprise Co., Ltd.)

 

 

Shareholders

 

Name

Subscription Number

Rilong Zhong

161,480

 

Ruisheng Chen

 

521,020

 

Lei Jing Ltd (translated)

712,500

 

The information above is that of subject’s major shareholders.

 

 

Subsidiaries & Branches

 

Related Companies

1

Name

Operations Office in Hong Kong

Address

1508 Millennium City 5, 418 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong

Telephone Number

+852-3750-8626

Fax Number

+852-3007-9105

E-mail:

hk@ccitk.com  

2

Name

CCI Tech (China) Inc.

Address

1A110, 138 Jingsizhi Road, Baiyang Street, Hangzhou Economic Development District, Zhejiang 310018, China

Telephone Number

+86-571-8519-5724

Fax Number

+86-571-8891-4821

E-mail:

hz@ccitk.com  

3

Name

Qingdao Office

Address

Room 1413, Building A, World Trade Center, No.6, Hong Kong Middle Road, Qingdao 266071, China

Telephone Number

+86-532-8591-9176

Fax Number

+86-532-8591-9785

E-mail:

qd@ccitk.com 

 

 

Personnel Information

 

Core Management

Directors

1

Name

Rilong Zhong

Position

Board Chairman

2

Name

Ruisheng Chen

Position

Director

3

Name

Qinlong Liao

Position

Director

4

Name

Zhida Liu

Position

Supervisor

 

 

Operation Information

 

Offices & Factories

 

Headquarters

Add

No.83, Chengtian Rd., Tucheng Dist., New Taipei City 236, Taiwan (R.O.C.)

 

Production Information

l         Subject is a manufacturer of advanced looms and its auxiliary tools for making fabric swatches with the production activities

 

Purchase Information

l         The registered activities of subject:

Business Code

Details

C302010 

Weaving Industry

F104010 

Wholesale of clothing

F104020

Wholesale of garment

F113010

Wholesale of machinery

F401010

International Trade

l         The components and raw material for production are purchased from both local and abroad.

 

Sales Information

l         Subject is mainly involved in manufacture and trading of advanced looms and its auxiliary tools for making fabric swatches.

l         Subject introduced that it focus on solution of woven fabrics.

l         Subject introduced it is founded by a team of specialists from Hong Kong and Taiwan in the areas of textile & mechanical engineering, automation, information technology and marketing. Innovation reflects the Company’s culture with focus on continuous product development.

l         Subject has its research & development centre, technical service and production facilities in Taipei, while the sales and marketing operations is located in Hong Kong.

l         Subject’s selling territory covers all over the world, such as America, Europe, and so on.

Import and export right:

Import right

Yes

Export right

Yes

 

 

Settlements

 

Subject declined to disclose the settlements information, and from other sources, we couldn’t obtain the information, either.

 

 

Financial Information

 

Subject has no obligations to disclose its financial statements to the third party according to the relevant policy in Taiwan and the only source from which we can obtain the information is the subject itself.

Subject’s relevant staff Mr. Zhang declined to disclose its financials citing the grounds of company’s confidentiality; from other source we can not obtain the relevant information, either.

 

 

Bankers

 

The bankers’ information is not available from the subject or other sources.

 

 

Public Record

 

Mortgage

No chattel mortgage record of subject has been found within the recent 3 months.

 

Lawsuit

Up to date of reporting, no existing or latent litigation of the subject has been found.

 

Interview Details

 

Name

Mr. Zhang

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.52.23

UK Pound

1

Rs.81.55

Euro

1

Rs.69.60

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.