MIRA INFORM REPORT
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Report Date : |
14.10.2011 |
IDENTIFICATION DETAILS
|
Name : |
JEENXI TECHNOLOGY CO., LTD. |
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Registered Office : |
No.46, 20th Road, Taichung
Industrial Park, Nantun District, Taichung City 408 |
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Country : |
Taiwan |
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Date of Incorporation : |
05.04.2000 |
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Com. Reg. No.: |
70734809 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture, trading,
and the export of vertical
machines |
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 40,000 |
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|
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Status : |
Moderate |
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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
|
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 |
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Restricted |
C2 |
|
Off-credit |
D |
Contact
Points
|
Company Name: |
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Supplied Name: |
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Trading Address: |
1F., No.46, 20th Road, Taichung Industrial
Park, Nantun District, Taichung City 408, Taiwan, R.O.C. |
|
Supplied Address: |
No. 46, 20 Road, Taichung Industrial Park,
Nanjun District, Taichung 408 , TW |
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Telephone Number: |
+886-04-23597868 |
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Fax Number: |
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E-mail: |
Credit
Summary
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Credit Rating: |
|
|
Credit Opinion: |
Company
Identification Details
History
Subject was incorporated on 2000-04-05 with registered
number 70734809 as Joint Stock Company in Taiwan.
Shareholders
|
Name |
Subscription
Shares |
|
Chen Xizhong |
23,650 |
|
Liao Liling |
|
|
15,620 |
|
|
Jiang Zhenming |
2,150 |
|
Jiang Wenxuan |
8,580 |
Notes: The information above is that of subject’s major
shareholders.
Subsidiaries &
Branches
Personnel
Information
Core
Management
|
1 |
|
|
Name |
|
|
Position |
Chairman |
|
2 |
|
|
Name |
Liao Liling |
|
Position |
Director |
|
3 |
|
|
Name |
Jiang Zhenming |
|
Position |
Director |
|
4 |
|
|
Name |
Jiang Wenxuan |
|
Position |
Supervisor |
Operation
Information
Offices
& Factories
|
1 |
Headquarter |
|
Add |
1F., No.46, 20th Road, Taichung Industrial Park, Nantun District,
Taichung City 408, Taiwan, R.O.C. |
|
2 |
Factory |
|
Construction
Area |
|
|
Size |
Production
Information
l
Subject is a manufacturer of vertical machines with a production of 3-5
machines each month.
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
F213080 |
Retailing of machines |
|
F113010 |
Wholesaling of machines |
|
F215010 |
Retailing of Jewelry and Precious Metals |
|
F218010 |
Retailing of Information Software |
|
F219010 |
Retailing of electronic materials |
|
F401010 |
International Trade |
|
CB01010 |
Manufacture of machinery |
|
CG01010 |
Manufacture of Jewelry
and Precious Metals |
|
E605010 |
Computer Equipment Installation |
|
CQ01010 |
Manufacture of mold |
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CP01010 |
Manufacture of hand tools |
|
E604010 |
Mechanical installation industry |
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I301010 |
Services of Information Software |
|
I301020 |
Services of data processing |
|
I301030 |
Services and suppliers of electronic information |
|
CC01010 |
Manufacture of Generation, transmission,
distribution machinery |
|
F401030 |
Manufacturing industry output |
|
ZZ99999 |
In addition to licensing business, act may not
prohibited or restricted operation of the business |
Besides licensed business, all other business items those are not banned
or restricted.
l
The subject is mainly engaged in trading, and the export of vertical
machines.
l
The subject has a market all over the world.
Major products
sold
|
Product |
Sales Region |
|
Europe (Russia) |
|
|
Vertical machines |
America |
|
Vertical machines |
Asia |
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Settlements
Purchase
Domestic Purchase (Taiwan and Mainland, China)
|
Payment Terms |
Proportion |
|
|
Raw materials |
CBD |
100% |
Foreign Purchase
Note: The subject seldom purchases from foreign
market.
Sales
Domestic Markets (Taiwan and Mainland, China)
|
Sales Terms |
Proportion |
|
|
Vertical machines |
CBD |
100% |
Export
|
Sales Terms |
Proportion |
|
|
Vertical machines |
CBD |
100% |
Financial
Information
Mr. Li, Sales manager of subject, disclose its annual operating income is
about NTG 500,000,000-600,000,000.
Public
Record
Lawsuit
Up to date of
reporting, no existing or latent litigation of the subject has been found.
Interview
Details
|
Name |
Li Youjin |
|
Position |
Sales manager |
|
E-mail |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.02 |
|
UK Pound |
1 |
Rs.77.13 |
|
Euro |
1 |
Rs.67.56 |
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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.