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Report Date : |
14.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
JYE BAO CO., LTD. |
|
|
|
|
Registered Office : |
9Fl., No.651-7, Chung Cheng Rd., Xinzhuang
Dist., New Taipei City 242 |
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|
|
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Country : |
Taiwan |
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|
|
|
Date of Incorporation : |
27.06.1987 |
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|
|
|
Com. Reg. No.: |
22608493 |
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|
|
|
Legal Form : |
Limited Liability Company |
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|
|
|
Line of Business : |
Design, Manufacturing and sales of RF products, etc |
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|
|
|
No. of Employees : |
About 100 Employees |
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 : |
Satisfactory |
|
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Taiwan |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company Name: |
|
|
Supplied Name: |
|
|
Trading Address: |
9Fl., No.651-7,
Chung Cheng Rd., Xinzhuang
Dist., New Taipei City 242, Taiwan (R.O.C.) |
|
Supplied Address: |
9F No 651-7
Chung Cheng Rd Shin Chuang
City Taipei Shein |
|
Telephone Number: |
+886-2-2902-9282 |
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Fax Number: |
|
|
E-mail: |
Note:
The exact address is as above.
The supplied shipping address No 12, 1 Lin Da-Hai Village Tai-Yuan Taoyuan Hsein Taiwan is subject’s factory address.
|
Credit Opinion: |
|
Registered Name: |
Jye Bao Co., Ltd. |
|
Registered Address: |
9Fl., No.651-7, Chung Cheng Rd., Xinzhuang Dist., New Taipei City 242, Taiwan (R.O.C.) |
|
Date of Foundation: |
1987-6-27 |
|
Registration Number: |
22608493 |
|
Registry: |
New Taipei City Government |
|
Registered Capital: |
NTD 25,000,000
(USD 835,000) (As of 2012.08, 1 NTD = 0.0334 USD) |
|
Legal Representatives: |
Jinlai Li |
|
Legal Form: |
|
|
Principal Activities: |
|
|
Staff: |
|
|
Listed
at Stock Exchange: |
|
|
Date
of Last Annual Return: |
Subject was incorporated on 1987-6-27 with registered number 22608493 as Limited Liability Company in Taiwan.
|
Name |
Subscription
Amount |
|
Jinlai Li |
17,500,000 |
The information above is that of subject’s major shareholders.
Related
Company
|
Name |
Jye Bao USA |
|
Address |
1621 Perkins Drive Arcadia, CA 91006, USA |
|
Telephone Number |
+1-626-347-7500 |
|
Fax Number |
+1-626-226-4061 |
Factory
|
Name |
Dayuan Factory |
|
Address |
No.12, Sec 1, Dahai
Village, Dayuan Township, Taoyuan
County, Taiwan |
|
Telephone Number |
+886-3-383-2221 |
Core Management
|
Name |
Jinlai Li |
|
Position |
Director |
Personnel Structure
|
Total Employees |
About 100
Employees |
Offices & Factories
|
|
Headquarters
|
|
Add |
9Fl., No.651-7,
Chung Cheng Rd., Xinzhuang Dist., New Taipei City
242, Taiwan (R.O.C.) |
l
Subject is
engaged in design and manufacturing of RF products, etc.
l
It is
introduced that subject has two factories in Taiwan for production.
Major production departments
|
|
Department |
|
1 |
Raw
Cable Production |
|
2 |
Connector/
Adaptor/ Passive Component Production |
|
3 |
Cable
Assembly Production |
|
4 |
Electro-Plating |
Purchase Information
l
The
registered activities of subject:
|
Business Code |
Details
|
|
CA04010 |
Surface
treatment |
|
CC01020 |
Manufacturing of wire and cable |
|
CC01060 |
Manufacturing
of cable communication equipment |
|
CC01070 |
Manufacturing
of wireless communication equipment |
|
CC01080 |
Manufacturing
of electronic components |
|
CE01010 |
Manufacturing
of general instrument |
|
F106010 |
Wholesale
of ironware |
|
F109070 |
Wholesale
of stationery, music instrument, and sport supplies |
|
F111090 |
Wholesale
of building materials |
|
F113010 |
Wholesale
of machinery |
|
F113020 |
Wholesale
of electrical equipment |
|
F113050 |
Wholesale
of computer and its parts |
|
F114060 |
Wholesale
of ship and its parts |
|
F206010 |
Retail
of ironware |
|
F209060 |
Retail
of stationery, music instrument, and sport supplies |
|
F211010 |
Retail
of building materials |
|
F213010 |
Retail of
electrical equipment |
|
F213030 |
Retail
of computer and its parts |
|
F213080 |
Retail
of machinery |
|
F214060 |
Retail
of ship and its parts |
|
F401010 |
International
trade business |
|
ZZ99999 |
Besides
licensed business, all other business items those are not banned or
restricted. |
l
The
components and raw materials for production are purchased from both home and
abroad.
l
Subject is
engaged in sales of RF products, etc.
l
Subject
has many distributors for selling their products which are located in Austria,
Finland, Netherlands, Switzerland, Australia, France, Poland, America, Belgium,
Germany, Romania, brazil, Hungary, Russia, India, Singapore, Columbia, Israel,
Spain, Zech and Slova, Italy, Sweden, Denmark,
Lithuania, and UK, etc.
l
Subject’s
sales regions include Taiwan domestic market, Southeast Asia, Europe, and
America, etc.
l
Subject
obtained the certifications of ISO 9001:2000 and ISO 14001:2004.
Major
products sold
|
|
Product |
|
1 |
RF
Connector |
|
2 |
RF
Adaptor |
|
3 |
RF
Components |
|
4 |
RF
Cable |
|
5 |
RF Test
Cables |
|
6 |
Quick
Turn RF Cable Assemblies |
|
7 |
VNA
Test Cables |
Import
and export right:
|
Import right |
Yes |
|
Export
right |
Yes |
Purchase
Domestic
Purchase (Taiwan and Mainland, China)
|
Payment
Terms |
Proportion |
|
|
Components
and raw materials |
COD,
CBD, etc |
100% |
Foreign
Purchase
|
Payment
Terms |
Proportion |
|
|
CBD, etc |
100% |
Sales
Domestic Markets (Taiwan)
|
Sales
Terms |
Proportion |
|
|
RF products |
COD,
CBD, etc |
100% |
Export
|
Sales
Terms |
Proportion |
|
|
RF products |
CBD,
etc |
100% |
Notes:
Subject’s settlement for export is
generally in USD
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. Wang declined to disclose its financials citing the grounds of company’s confidentiality; from other source we can not obtain the relevant information, either.
Subject declined to disclose its bank details; from other source we cannot obtain the relevant information, either.
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. Wang |
|
Department |
Sales Department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.42 |
|
UK Pound |
1 |
Rs.86.78 |
|
Euro |
1 |
Rs.68.03 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.