MIRA INFORM REPORT

 

 

Report Date :

28.01.2011

 

IDENTIFICATION DETAILS

 

Name :

SHENZHEN HASEE COMPUTER CO., LTD.

 

 

Registered Office :

Hasee Industrial Park, Banxuegang Industrial Area, Longgang District, Shenzhen, Guangdong Province, 518112 Pr China

 

 

Country :

China

 

 

Date of Incorporation :

15.01.2001

 

 

Com. Reg. No.:

440307102787772

 

 

Legal Form :

Shares Limited Company

 

 

Line of Business :

Manufacturing and Selling Computers

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Status :

Good

 

 

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 – 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 and Address

 

Shenzhen Hasee Computer Co., Ltd.

HASEE INDUSTRIAL PARK, BANXUEGANG INDUSTRIAL AREA,

LONGGANG DISTRICT, SHENZHEN, GUANGDONG PROVINCE, 518112 PR CHINA

TEL: 86 (0) 755-89604071/84710000         FAX: 86 (0) 755-89742389

 

EXECUTIVE SUMMARY

 

INCORPORATION DATE                        : jan. 15, 2001

REGISTRATION NO.                              : 440307102787772

REGISTERED LEGAL FORM                 : SHARES limited company

CHIEF EXECUTIVE                                : MR. wu haijun (chairman)

STAFF STRENGTH                                : 3,000

REGISTERED CAPITAL                         : cny 729,000,000

BUSINESS LINE                                    : MANUFACTURING

TURNOVER                                          : N/A

EQUITIES                                             : N/A

PAYMENT                                            : AVERAGE

RECOMM. CREDIT RANGE                   : MODERATE AMOUNT

MARKET CONDITION                            : competitive

FINANCIAL CONDITION                         : N/A

OPERATIONAL TREND                          : steady

GENERAL REPUTATION                       : well known

EXCHANGE RATE                                 : CNY 6.59 =USD1

 

Adopted abbreviations:

ANS     - amount not stated       

NS        - not stated       

SC        - subject company (the company inquired by you)

NA        - not available   

CNY     - China Yuan Renminbin

 

 

Rounded Rectangle: HISTORY 

 

 


Note: the given telephone number 86 755-8960403 is incomplete.

 

SC was registered as a limited liabilities company at local Administration for Industry & Commerce (AIC-The official body of issuing and renewing business license) on Jan. 15, 2001 and has been under present ownership since 2008.

 

Company Status: Shares limited co.

This form of business in PR China is defined as a legal person. Its registered capital is divided into shares of equal par value and the co. raises capital by issuing share certificates by promotion or by public offer. Shareholders bear limited liability to the extent of shareholding, and the co. is liable for its debts only to the extent of its total assets. The co has independent property of legal person and enjoys property rights of legal person. The characteristics of the shares limited co. are as follows:

The establishment of the co. requires at least two promoters and no more than 200, half of whom shall be domiciled in China.. Natural person are allowed to serve as promoters.

The minimum registered capital of a co. is CNY 5M. while that of the co. with foreign investment is CNY 5M. The total capital of a co. which propose to apply for publicly listed must be no less than CNY 30M.

The board of directors must consist of five to nineteen directors.

If the co. raises capital by public offer, the promoters must not subscribe less than 35% of the total shares. the promoters’ shares are restricted to transfer- within one year of the offer.

A state-owned enterprise that is restructured into a shares limited co. must comply with the conditions & requirements specified under the law & administrative rule.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SC’s registered business scope includes researching, developing, selling, and manufacturing computer systems; domestic commerce; supplying and selling of commodities (excluding the products privileged, prohibited or franchised); international trade; technical development and sales of ERP system software, other software and hardware; technical development of computer system integration and intelligent buildings; and information consultation; developing, manufacturing, purchasing and selling teaching apparatus, computers and electronic products; technology developing of computer software.

 

SC is mainly engaged in manufacturing and selling computers.

 

Mr. Wu Haijun has been chairman of SC since 2001.

 

SC is known to have approx. 3,000 employees at present.

 

SC is currently operating at the above stated address, and this address houses its operating office and factory in the industrial zone of Shenzhen. Our checks reveal that SC owns the total premise about 85,000 square meters.

 

 

Rounded Rectangle: WEB SITE 

 

 


http://cnc.hasee.com The design is professional and the content is well organized. At present, the web is both in Chinese and English versions.

 

E-mail: international@hasee.com

 

Rounded Rectangle: KEY EVENTS/RECENT DEVELOPMENT 

 

 


Changes of SC’s registered information:

Date

Item

Before changed

After changed

Aug., 2007

Registered number

4403011058708

Present one

Apr., 2008

Chinese name

Shenzhen Hasee Computer Co., Ltd.

Present one

Registered capital

CNY 98,000,000

CNY 486,000,000

Legal form

Limited liabilities company

Present one

Mar., 2010

Registered capital

CNY 486,000,000

Present amount

 

Note: SC changed is Chinese name in 2008, while its English name remains the same.

 

 

Rounded Rectangle: OWNERSHIP/MANAGEMENT BACKGROUND 

 

 


MAIN SHAREHOLDERS:

 
Name                                                                                   % of Shareholding

 

Shenzhen Hasee Group Co., Ltd.                                                83.5159

                                                                         

Shenzhen Zhimei Jiayu Advertisement Co., Ltd.                            5.1020 

Wu Haijun                                                                                 4.1155 

Yu Dongming                                                                             1.0288 

83 Individuals                                                                             6.2378

 

Shenzhen Hasee Group Co., Ltd.

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

Hasee Industrial Park, Banxuegang Industrial Area, Longgang District, Shenzhen, Guangdong Province

Tel: 86 (0) 755-84710000

Fax: 86 (0) 755-89742389

 

 

Rounded Rectangle: MANAGEMENT 

 

 


l         Chairman and CEO:

Mr. Wu Haijun, born in 1966, with Doctor’s degree. He is currently responsible for the overall management of SC.

 

Working Experience(s):

 

From 2001 to present                              Working in SC as chairman and CEO;

                    At present                                                Working in Shenzhen Hasee Group Co., Ltd. as chairman.

 

l         Vice CEO:

 

Mr. Zhang Xi, born in 1971, with university education. He is currently responsible for the daily management of SC.

 

Working Experience(s):

 

From 2001 to present                              Working in SC as vice CEO.

 

l         Supervisors:

 

Wei Enzong

Li Yin

Sun Huilong

 

l         Directors:

 

Zhu Jianshe

Wu Haijun

Ni Guangnan

Chen Min

Luo Yucheng

Zhang Xi

Liu Shiru

 

 

Rounded Rectangle: BUSINESS OPERATIONS
 BACKGROUND
 

 

 


SC is mainly engaged in manufacturing and selling computers.

 

SC’s products mainly include: computers.

      

 

SC sources its materials 70% from domestic market, mainly Guangdong, and 30% from overseas market. SC sells its products 45% in domestic market, and 55% to overseas market, mainly Hong Kong, European and American countries.

 

The buying terms of SC include Check, T/T, L/C, and Credit of 30-60 days. The payment terms of SC include Check, T/T, L/C, and Credit of 30-60 days.

 

*Major Suppliers:

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

Microsoft Corporation

Intel Corporation

AMD China

Shanghai Sanlen Information Security Co., Ltd.

 

 

Rounded Rectangle: RELATED COMPANIES

 BACKGROUND
 

 

 


SC is known to have the following subsidiary and branches at present:

 

Shenzhen Hasee Computer Co., Ltd. Hasee Electronics Factory

Add: Xintianxia Industrial City, Banxuegang Industrial Area Longgang District, Shenzhen City, Guangdong Province

Tel: 0755-84710000

 

Shenzhen Hasee Computer Co., Ltd. Jinan Branch

Add: No. 160, Shanda Road, Jinan

Tel: 0531-88587540

 

Shenzhen Hasee Computer Co., Ltd. Shanghai Branch

Add: No. 41, Caoxi North Road, Shanghai

Tel: 021-54900481

 

Shenzhen Hasee Computer Co., Ltd. Shenyang Branch

Add: No. 54, Sanhao Street, Shenyang

Tel: 024-83960217

 

Shenzhen Hasee Computer Co., Ltd. Hangzhou Branch

Add: No. 388, Wensan Road, Hangzhou

Tel: 0571-88212976

 

Shenzhen Hasee Computer Co., Ltd. Chengdu Branch

Add: No. 118, Xinnan Road, Chengdu

Tel: 028-85228456

 

Rounded Rectangle: PAYMENT

 BACKGROUND
 

 

 


Overall payment appraisal :

(  ) Excellent      (  ) Good      (X) Average      (  ) Fair      (  ) Poor      (  ) 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: SC’s suppliers declined to make any comments.

 

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.

 

 

Rounded Rectangle: BANKING

 BACKGROUND
 

 

 


SC’s management declined to release its bank information.

 

 

Rounded Rectangle: FINANCIAL HIGHLIGHTS

 BACKGROUND
 

 

 


SC’s financial reports were not found during our checks with local AIC.

 

SC’s management declined to release its financial reports.

 

 

Rounded Rectangle: REMARKS

 BACKGROUND
 

 

 


SC is considered large-sized in its line with 10 years operating history. Taking into consideration of SC’s background, general performance, reputation as well as market conditions, we would rate SC as an average credit risk company.

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.57

UK Pound

1

Rs.72.50

Euro

1

Rs.62.46

 

 

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.