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Report Date : |
13.04.2012 |
IDENTIFICATION DETAILS
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Name : |
APEX ASSEMBLY CO., LTD. |
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Registered Office : |
2f., No.28, Ln. 260, Sec. 2, Zhongyi Rd., Guishan Township, Taoyuan County 33378 |
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Country : |
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Date of Incorporation : |
20.05.2003 |
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Com. Reg. No.: |
80194443 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and trade of mechanical tooled parts, printed circuit board and the related products. |
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No. of Employees : |
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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Maximum Credit Limit : |
USD 20,000 |
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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Taiwan |
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 |
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Company Name: |
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Supplied Name: |
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Trading Address: |
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Supplied Address: |
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Telephone Number: |
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Fax Number: |
Notes:
The exact name is as above.
The supplied address is incomplete, and the exact address is as above.
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Credit Rating: |
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Credit Opinion: |
Subject declined
to disclose the staff number, and from other sources, we couldn’t obtain the
information, either.
Subject was incorporated on
Change of Name
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Former Chinese Name |
廣展電子有限公司 |
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Current Chinese Name |
廣展電子股份有限公司 |
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Name |
Subscription
Amount |
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Zhaoyi Asset
Management |
700,000 |
The information
above is that of subject’s major shareholders.
Core
Management
Directors
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1 |
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Name |
Huiqin Zhan |
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Position |
Board of Chairman |
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2 |
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Name |
Zuyu Zhang |
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Position |
Director |
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3 |
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Name |
Daqing Zhang |
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Position |
Director |
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4 |
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Name |
Dafu Zhang |
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Position |
Supervisor |
Offices
& Factories
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Headquarters |
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Add |
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l
Subject is a manufacturer of mechanical tooled parts, printed circuit
board and the related products with the production activities
Purchase Information
l
The registered activities of subject:
|
Business Code |
Details |
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CC01030 |
Manufacture of
electronic machinery |
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CC01080 |
Manufacture of
electronic material |
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F401010 |
International
trade |
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I301030 |
Supplying of electronic
information service |
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I501010 |
Design |
l
The components and raw material for production are
mostly purchased from local.
l
Subject is mainly engaged in manufacturing and
trading of mechanical tooled parts, printed
circuit board and the related products.
l
Subject introduced that
major products sold as following:
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Products |
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1 |
Assembly(Printed Circuit Board and Box) |
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2 |
Aluminum
Extrusion |
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3 |
Die Casting |
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4 |
Metal Stamping |
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5 |
Printed Circuit Board |
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6 |
Plastic Molding |
l
Subject introduced that its products mainly exports
to the Western Countries.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Purchase
Subject declined to
disclose the purchase settlements information, and from other sources, we
couldn’t obtain the information, either.
Sales
Domestic Markets
Subject seldom
sells to domestic markets.
|
Product |
Payment Terms |
Proportion |
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Mechanical tooled parts, printed circuit board and the
related products. |
L/C, T.T, etc |
100% |
Subject has no obligations to disclose its financial statements to the third
party according to the relevant policy in Taiwan and the only source from which
we can obtain the information is the subject itself.
Subject’s relevant staff Ms. Cai declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
The bankers’ information
is not available from the subject or other sources.
Mortgage
No chattel mortgage record of subject has been found within the recent 3
months.
Lawsuit
Up to date of
reporting, no existing or latent litigation of the subject has been found.
|
Name |
Ms. Cai |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.44 |
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|
1 |
Rs.81.96 |
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Euro |
1 |
Rs.67.60 |
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 |
-- |
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.