MIRA INFORM REPORT
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Report Date : |
29.12.2011 |
IDENTIFICATION DETAILS
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Name : |
SPREAD
INTERNATIONAL HOLDINGS LTD. |
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Registered Office : |
Flat E, 14/F., Block 12, Sceneway Garden, 8 Sceneway Road, Lam Tin, Kowloon |
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Country : |
Hong Kong |
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Date of Incorporation : |
12.12.2007 |
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Com. Reg. No.: |
38893037 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacturing and exporting all
kinds of batteries (lithium-ion cells) for mobile phones |
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No. of Employees
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Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Small Company |
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Payment
Behaviour : |
No Complaints |
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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
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Hong Kong |
a2 |
a2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name
SPREAD INTERNATIONAL
HOLDINGS LTD.
Company ADDRESS
Flat E, 14/F., Block 12, Sceneway Garden, 8 Sceneway Road, Lam Tin, Kowloon, Hong Kong.
PHONE: Not available
FAX: Not available
MANAGEMENT
Managing Director: Mr. Lin Junpo
SUMMARY
Incorporated on: 12th December, 2007.
Organization: Private Limited Company.
Capital: Nominal: HK$10,000.00
Issued: HK$5,000.00
Business Category: Manufacturer and Exporter
Employees: Nil.
Main Dealing Banker: The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.
Banking Relation: Satisfactory.
company ADDRESS
Registered Head Office:-
Flat E, 14/F., Block 12, Sceneway Garden, 8 Sceneway Road, Lam Tin, Kowloon, Hong Kong.
Associated Companies:-
· SICT Mobile Communication Co. Ltd., China.
· Zhongshan Tianmao Battery Co. Ltd., China.
·
Zhuhai Hua Chang Enterprise Development
Co. Ltd., China.
BUSINESS REGISTRATION NUMBER
38893037
COMPANY FILE NUMBER
1194716
MANAGEMENT
Managing Director: Mr. Lin Junpo
CAPITAL
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)
Issued Share Capital: HK$5,000.00
SHAREHOLDER
(As per registry
dated 12-12-2010)
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Name |
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No. of shares |
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LIN Junpo |
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5,000 ==== |
DIRECTOR
(As per registry dated
12-12-2010)
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Name (Nationality) |
Address |
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LIN Junpo |
Room 702, No. 1, Unit 6 Building, 823 West Mei Hua Road, Xiangzhou, Zhuhai, Guangdong, China. |
SECRETARY
(As per registry
dated 12-12-2010)
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Name |
Address |
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LAM Tak Ki |
Flat E, 14/F., Block 12, Sceneway Garden, 8 Sceneway Road, Lam Tin, Kowloon, Hong Kong. |
HISTORY
The subject was incorporated on 12th December, 2007 as a private limited liability company under the Hong Kong Companies Ordinance.
Apart from these, neither material change nor amendment has been ever traced and noted.
OPERATIONS
Activities: Manufacturer & Exporter.
Lines: all kinds of batteries (lithium-ion cells) for mobile phones
Employees: Nil.
Materials/Commodities: Imports raw materials from European countries, some of the Asian countries and finished
products from China.
Markets: China, other Asian countries, etc.
Terms/Sales: L/C, T/T, etc.
Terms/Buying: L/C, T/T, etc.
FINANCIAL INFORMATION
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)
Issued Share Capital: HK$5,000.00
Profit or Loss: Keeping a balance account in Hong Kong.
Condition: Business is not active in Hong Kong.
Facilities: Making fairly active use of general banking facilities.
Payment: Met trade commitments as required.
Commercial Morality: Satisfactory.
Banker: The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.
Standing: Small.
GENERAL
Spread International Holdings Ltd. is wholly-owned by Mr. Lin Junpo who is a China merchant. He is a China passport holder and does not have the right to reside in Hong Kong permanently. He is also the only director of the subject.
The subject does not have its own operating office. Its registered address is in a private building located at Flat E, 14/F., Block 12, Sceneway Garden, 8 Sceneway Road, Lam Tin, Kowloon, Hong Kong. This is the residence of Mr. Lam Tak Ki who is the individual secretary of the subject. Lam is a Hongkongnese.
The subject has had an associated company Zhongshan Tianmao Battery Co. Ltd. [TMB]. Your given phone number 86-760-8673 1175 and fax number 86-760-8673 1180 belong to this company. TMB, founded in 2002, is a high-tech enterprise engaged in professional research, production, and marketing of lithium-ion cells. TMB is located in Tanzhou Town, Zhongshan City, Guangdong Province of China.
The factory of TMB covers an area of about 80,000 sq.m. and the construction area covers 130,000 sq.m. It has more that 5,000 staff, and it is one of the largest lithium-ion cell manufacturers in the world. Its daily output is 800,000 units, and it will increase to 2,000,000 units by 2012. The cells are widely used in mobile phones, digital products, mobile powers. TMB has more than 300 models.
TMB has got ISO 9001:2008 and ISO 14001:2004
certifications. Its prime markets are Hong Kong, Taiwan, Southeast Asia,
Europe, the United States. Business is active.
Lam is operating two more firms in Zhuhai Special Economic Zone known as Zhuhai Hua Chang Enterprise Development Co. Ltd. and SICT Mobile Communication Co. Ltd.
It is likely that TMB deals with foreign parties under the name of the subject and let foreign firms correspond with the subject’s registered address in Hong Kong. TMB also exports commodities to foreign markets under the name of the subject and its registered address in Hong Kong.
The subject’s business in Hong Kong is not very active.
Since the subject does not have its own operating office and has no employees in Hong Kong, consider it good for business engagements on secured basis.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.53.21 |
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UK Pound |
1 |
Rs.83.32 |
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Euro |
1 |
Rs.69.51 |
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 |
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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NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.