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Report Date : |
04.08.2012 |
IDENTIFICATION DETAILS
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Name : |
HONG
KONG YI HUA
COMPUTER EQUIPMENT CO. |
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Registered Office : |
Unit 2017-2018, 20/F., Park-In Commercial Centre, 56 Dundas Street,
Mongkok, Kowloon |
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Country : |
Hong Kong |
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Date of Incorporation : |
14.04.2008 |
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Com. Reg. No.: |
39147130-000-04 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Importer, Exporter and Wholesaler of all kinds of computer accessories, etc. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
No operating in Hong Kong |
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Hong Kong |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
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 |
HONG
KONG YI HUA
COMPUTER EQUIPMENT CO.
c/o Faith Joy CPA
Ltd.
Unit 2017-2018,
20/F., Park-In Commercial Centre, 56 Dundas Street, Mongkok, Kowloon, Hong
Kong.
PHONE: Not available
FAX: 3520 3584
E-MAIL: 3520 3184
Manager: Mr. Zhang Ronghua
Establishment: 14th April, 2008.
Organization: Sole Proprietorship.
Capital: Not disclosed.
Business Category: Importer, Exporter and Wholesaler.
Employees: Nil.
Main Dealing Banker: The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.
Banking Relation: Satisfactory.
HONG
KONG YI HUA
COMPUTER EQUIPMENT CO.
Registered
Office:-
c/o Faith Joy CPA
Ltd.
Unit 2017-2018, 20/F.,
Park-In Commercial Centre, 56 Dundas Street, Mongkok, Kowloon, Hong Kong.
Associated
Companies:-
Guangzhou EVC
Computer Equipment Co. Ltd.
Guangzhou Dadao,
Baiyun District, 510000 Guangzhou City, Guangdong Province, China.
[Tel:
86-20-6265 3966 Fax: 86-20-3742 0365
Guangzhou Tianbo
Computer Equipment Co. Ltd.
4 Zhuang Yuan,
Xiongwei New Village, Zhuliao, Baiyun District, Guangzhou City, Guangdong
Province, China.
39147130-000-04
Manager: Mr. Zhang Ronghua
Name: Mr. ZHANG Ronghua
Residential
Address: 4 Zhuang Yuan, Xiongwei New Village, Zhuliao, Baiyun District,
Guangzhou City, Guangdong Province, China.
The
subject was established on 14th April, 2008 as a sole proprietorship concern
owned by Mr. Zhang Ronghua under the Hong Kong Business Registration
Regulations.
Apart
from these, neither material change nor amendment has been ever traced and
noted.
Activities: Importer, Exporter and Wholesaler.
Lines: All kinds of computer accessories, etc.
Employees: Nil.
Commodities Imported: Imports raw materials from European countries, some of the Asian countries and finished products from China.
Markets: China, other Asian countries, Europe, North America, etc.
Terms/Sales: L/C or as per contracted.
Terms/Buying: L/C, T/T, D/P, etc.
Capital: Not disclosed.
Profit or Loss: Keeping a balance account in Hong Kong.
Condition: Business is not active in Hong Kong.
Facilities: Making fairly active use of general banking facilities.
Payment: Met trade commitments as required.
Commercial Morality: Satisfactory.
Banker: The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.
Standing: Small.
Hong
Kong Yi Hua Computer Equipment Co. is a sole proprietorship set up and owned by
Mr. Zhang Ronghua who is a China merchant.
He is a China ID card holder and does not have the right to reside in
Hong Kong permanently. He is also the
manager of the subject.
The
subject does not have its own operating office.
Its registered office is in an accountant firm located at “Unit
2017-2018, 20/F., Park-In Commercial Centre, 56 Dundas Street, Mongkok, Hong
Kong” known as “Faith Joy CPA Ltd.” which is handling its correspondences and
documents.
The
subject has no employees in Hong Kong.
The
subject has had an associated company in China known as Guangzhou EVC Computer
Equipment Co. Ltd. [EVC].
EVC
is engaged in manufacturing all kinds of computer accessories. Employing about 1,200 persons, EVC covers an
area of 114,000 sq.m. Its annual
production capacity is about 4 million computer cases and 1.5 million computer
power supplies. EVC has got ISO9001:2000
certification. Its products bear the
brand name of EVC.
According
to EVC, it has developed business ties with partners in the United States,
France, Germany, the United Kingdom, Russia, India, the United Arab Emirates,
etc.
EVC
also receives OEM orders. It is operated
by Zhang Ronghua.
The
subject’s business in Hong Kong is not active.
History in Hong Kong is over four years.
Since
the subject does not have its own operating office and has no employees in Hong
Kong, consider it good for business engagements on L/C basis.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.08 |
|
|
1 |
Rs.87.02 |
|
Euro |
1 |
Rs.68.36 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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 |
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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 |
|
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 |
|
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.