MIRA
INFORM REPORT
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Report Date : |
02.04.2012 |
IDENTIFICATION DETAILS
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Name : |
zhejiang
hengdian apeloa imp & exp co., ltd. |
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Registered Office : |
3/F, Block A, World Trade Office Plaza, No. 122,
Shuguang Road, Hangzhou,
Zhejiang Province 310007 PR |
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Country : |
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Date of Incorporation : |
10.10.2011 |
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Com. Reg. No.: |
330783000081510 |
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Legal Form : |
One-Person Limited Liability
Company |
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Line of Business : |
Importing and exporting various kinds of commodities and
technology |
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No. of Employees : |
5 |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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-- |
NB |
New Business |
-- |
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Maximum Credit Limit : |
USD 100,000 |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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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 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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China |
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 and address
zhejiang hengdian apeloa imp &
exp co., ltd.
3/F,
BLOCK A, WORLD TRADE OFFICE PLAZA, NO. 122, SHUGUANG ROAD
HANGZHOU,
ZHEJIANG PROVINCE 310007 PR CHINA
TEL: 86
(0) 571-87950110
FAX: 86
(0) 571-87990222
EXECUTIVE SUMMARY
Date of Registration : october 10, 2011
REGISTRATION NO. : 330783000081510
LEGAL FORM :
One-person Limited Liability Company
REGISTERED CAPITAL :
cny 50,000,000
staff : 5
BUSINESS CATEGORY :
trading
Revenue : n/a
EQUITIES : n/a
WEBSITE : N/A
E-MAIL : N/A
PAYMENT : AVERAGE
Recommended Credit Limit: UP TO USD
100,000
MARKET CONDITION : average
FINANCIAL CONDITION : n/a
OPERATIONAL TREND :
ORDINARY
GENERAL REPUTATION : AVERAGE
EXCHANGE RATE : CNY 6.31 = USD 1
Adopted abbreviations (as
follows)
SC -
Subject Company (the company inquired by you)
N/A – Not
available
CNY –
China Yuan Ren Min Bi
OPERATIONAL TREND & GENERAL
REPUTATION
This section aims at indicating the relative positions of SC
in respect of its operational trend & general reputation
Operational Trend:- General
Reputation:-
Upward Excellent
Steady Good
Fairly Steady Fairly
Good
Ordinary Average
Fair Fair
Stagnant Detrimental
Downward Not
known
Not known Not
yet be determined
Not yet be determined
LEGAL STATUS & HISTORY
SC was
established as one-person limited
liability company of PRC with State Administration of Industry &
Commerce (SAIC) under registration No.: 330783000081510 on October 10, 2011.
SC’s Organization Code Certificate
No.: 58357423-2
SC’s registered capital: cny 50,000,000
SC’s paid-in capital: cny 50,000,000
Registration Change Record:
No significant changes of SC have
been noted in SAIC since its incorporation
Current Co search indicates SC’s shareholders & chief
executives are as follows:-
|
Name of Shareholder (s) |
% of Shareholding |
|
Zhejiang Hengdian Import and
Export Co., Ltd. |
100 |
SC’s Chief Executives:-
|
Position |
Name |
|
Legal Representative,
Chairman, and General Manager |
Wu
Xing |
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Director |
Zhu
Fangmeng |
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Xu
Wencai |
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|
Hu
Tiangao |
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|
Li
Baoping |
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Supervisor |
Huang
Guimiao |
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Li
Jia |
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|
Wang
Qiang |
RECENT DEVELOPMENT
No recent development was found during our checks at
present.
SHAREHOLDER CHART &
BACKGROUND
Name % of
Shareholding
Zhejiang Hengdian Import and Export
Co., Ltd.
100
=====================================
Date of Registration: June 3, 1997
Registration No.: 330783000046130
Legal Form: Limited
Liability Company
Registered Capital: CNY 50,000,000
MANAGEMENT
Wu
Xing, Legal Representative, Chairman and General Manager
---------------------------------------------------------------------------------------------
Ø
Gender: M
Ø
Age: 40
Ø
ID# 330724197202082014
Ø
Qualification: University
Ø
Working experience (s):
From 2011 to present, working in SC as legal representative,
chairman and general manager Also as director of Zhejiang Hengdian Import and
Export Co., Ltd.
Director
-----------
Zhu Fangmeng ID# 42280119720722141X
Xu Wencai ID# 330104196601181631
Hu Tiangao ID# 330724196509140018
Li Baoping ID# 33010319640314231X
Supervisor
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Huang Guimiao ID# 33072419561025543X
Li Jia ID#
510213197009141622
Wang Qiang ID# 110107196907130632
BUSINESS
OPERATION
SC’s registered business scope
includes operating and acting as an agent of importing and exporting
various kinds of commodities and technology, excluding the goods forbidden by
the government; processing with imported materials, processing with imported
samples, assembling with imported parts, and compensation trade in agreement; counter trade & transit trade.
SC is
mainly engaged in international trade.
SC’s
products mainly include: chemical products, textile, etc.
SC sources its materials 100%
from domestic market, mainly Zhejiang. SC sells 70% of its products in domestic
market, and 30% to overseas market, mainly Southeast Asian market.
The
buying terms of SC include T/T and Credit of 30-60 days. The payment terms of
SC include T/T, L/C and Credit of 30-60 days.
Staff & Office:
--------------------------
SC is
known to have approx. 5
staff at present.
SC
rents an area as its operating office, but the detailed information is unknown.
RELATED
COMPANY
SC is not known to have any subsidiary at present.
PAYMENT
Overall payment appraisal:
( ) Excellent ( )
Good (X) Average ( ) Fair ( ) Poor ( ) Not yet be 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
did not provide any name of trade/service suppliers and we have no other
sources to conduct the enquiry at present.
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.
BANKING
Basic Bank:
Bank of China Zhejiang Province Branch
AC#: 403959867567
FINANCIALS
As a new company established recently in 2011, SC’s
financials are not filed in local SAIC at present.
CONCLUSIONS
SC is considered medium-sized in its line with a short
history. Taking into consideration of SC’s background, a credit line up to USD 100,000 would appear to be within SC’s
capacities.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.15 |
|
|
1 |
Rs.81.79 |
|
Euro |
1 |
Rs.68.34 |
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 |
|
-- |
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.