MIRA INFORM REPORT

 

Report Date :

21.02.2011

 

Additional Information:

Anhui Biochem Pharmaceutical Co Ltd. has little business now, and Anhui Biochem United Pharmaceuticals Co., Ltd. mainly uses this name – Anhui Biochem Pharmaceutical Co ltd. as trade name to start its business.

 

IDENTIFICATION DETAILS

 

Correct Name :

ANHUI BIOCHEM PHARMACEUTICAL CO., LTD.

 

 

Registered Office :

No. 108, Shahe Road, Taihe County, Fuyang, Anhui Province, 236604 Pr

 

 

Country :

China

 

 

Date of Incorporation :

26.03.2003

 

 

Com. Reg. No.:

341222000001734

 

 

Legal Form :

Limited Liabilities Company

 

 

Line of Business :

Manufacturing & Selling Medicine

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Business Transferred

Payment Behaviour :

---

Litigation :

---

 

 

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 – June 30, 2010

 

Country Name

Previous Rating

                   (01.04.2010)                  

Current Rating

(30.06.2010)

China

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name & address 

 

anhui biochem pharmaceutical CO., LTD.

no. 108, shahe road, taihe county, fuyang, anhui PROVINCE,

236604 PR CHINA

108

TEL: 86 (0) 558-8629371/8635599    FAX: 86 (0) 558-8635599/2918597

 

 

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.

 


 

Rounded Rectangle: CHECK ON SC’S REGISTERED TELEPHONE LINE
 
I'VE RECEIVED THE REPORTS JUST IN TIME.
 
THANK YOU BUT WOULD YOU PLS E-MAIL THEM TO : CREDIT@QINGDAO.CNGB.COM 
RIGHT NOW AGAIN?
 
I WILL BE WAITING..
 
THANKS AGAIN,
 
JULIE
 NTS
 

 

 


The provided telephone number is:

 

86 558-8629371

 

When we dialed the number, a gentleman Mr. Zhang answered.

 

He admitted the given English name and told us its Chinese name安徽贝克药业有限公司

 

He also released the following information:

 

SC was mainly engaged in manufacturing & selling medicine. At present SC has transferred its business to Anhui Biochem United Pharmaceutical Co., Ltd. so it has little business in recent years.

 

Mr. Zhang confirmed that SC has account in the given bank (Agricultural Bank of China), but he refused to release the details.

 

 

Rounded Rectangle: SPOT VISIT 

 

 


The address client given is:

No. 108, Shahe Road, Taihe, Fuyang, Anhui

According to Mr. Zhang, SC is operating in this address.

 

 

Rounded Rectangle: REGISTRATION 

 

 


According to the from the local Administration for Industry & Commerce (AIC-The official body of issuing and renewing business license), SC’s registration details are as below:

 

Incorporation Date                      : March 26, 2003

Registration No.                         : 341222000001734

Registered Legal Form               : Limited Liabilities Co.

Legal representative                                                                                             : Wang Zhibang

Registered capital                                                                                            : CNY 26,000,000

Duration                                      : March 26, 2003 to March 25, 2018

 

SC’s registered business scope includes manufacturing & selling chemical raw materials.


 

MAIN SHAREHOLDERS:

 
Name                                                              % of Shareholding

 

Wang Zhibang                                                                                                                                                                           58.51

Liang Yongming                                                                                                                                                             24.12

Li Fulin                                                                                                                                                                                      8.60

Zheng Gang                                                                                                                                                                               2.31

Wang Zhihong                                                                                                                                                                           1.43

Ma Yilu                                                                                                                                                                                     1.25

Li Yong                                                                                                                                                                                     0.41

Zhang Xiuling                                                                                                                                                                             0.38

Chen Juan                                                                                                                                                                                 0.30

Zhang Na                                                                                                                                                                                  0.30

The other 17 individual shareholders                                                                                                         2.39

 

 

Rounded Rectangle: OPERATION
 

 

 


Mr. Zhang released that SC has transferred its business to Anhui Biochem United Pharmaceutical Co., Ltd. so it has little business in recent years.

 

 

Anhui Biochem United Pharmaceutical Co., Ltd.

===================================

Its products are mainly APIs, intermediates, fine chemicals, etc.

Website: http://www.bcpharm.com

 

 

Rounded Rectangle: REMARKS 

 

 


SC has little business in recent years. In view of the investigation results, caution is advised related to dealings with persons claiming to represent such an entity

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.18

UK Pound

1

Rs.73.04

Euro

1

Rs.61.43

 

 

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

 

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.