MIRA INFORM REPORT

 

 

Report Date :           

17.08.2012

 

IDENTIFICATION DETAILS

 

Name :

NAN PAO RESINS CHEMICAL CO., LTD.

 

 

Registered Office :

No.12, Nan Hai Pu, Nan Hai Village, Shee Kang Dist., Tainan City

 

 

Country :

Taiwan

 

 

Date of Incorporation :

02.01.1963

 

 

Com. Reg. No.:

74229304

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Manufacture of adhesives, coatings, chemical resins and special chemical products

 

 

No. of Employees :

About 1,900 Employees(Group)

 

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 :

Good

 

 

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 – 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

Restricted

 

C2

Off-credit

 

D

 


Contact Points

 

Company Name:

Nan Pao Resins Chemical Co., Ltd.

Supplied Name:

Nan Pao Resins Chemical Co Ltd.

Trading Address:

No.12, Nanhaipu, Nanhai Vil., Xigang Dist., Tainan City 723, Taiwan

Supplied Address:

3F, 356, Sec 1., Neihu Road Taipei

Telephone Number:

+886 6-7952801-8

Fax Number:

+886 6-7950079

Notes:

The supplied address is the Taipei office’s address, and the exact headquarter address of subject is as above.

 

 

Company Identification Details

 

Registered Name:

Nan Pao Resins Chemical Co., Ltd.

Registered Address:

No.12, Nan Hai Pu, Nan Hai Village, Shee Kang Dist., Tainan City, Taiwan, R.O.C.

Date of Foundation:

1963-1-2

Registration Number:

74229304

Registry:

Department of Commerce, Ministry of Economic Affairs, R.O.C.

Registered Capital:

NTD 800,000,000 (USD 26,956,500)

(As of 2012.3, 1 NTD = 0.03370 USD)

Paid-up Capital:

NTD 740,184,440 (USD 24,941,000)

Legal Representatives:

Shengjia Huang

Legal Form:

Joint Stock Company

Principal Activities:

Manufacture of adhesives, coatings, chemical resins and special chemical products.

Staff:

About 1,900 Employees(Group)

Listed at Stock Exchange:

No

Date of Last Annual Return:

2011-9-14

 

 

History

 

Subject was incorporated on 1963-1-2 with registered number 74229304 as Joint Stock Company in Taiwan.

Awards

Year

Awards

2008

Blue chip importer and exporter

2009

Blue chip importer and exporter

2010

Blue chip importer and exporter

Standard of Blue chip importer and exporter

Unit: USD

Year

Amount

2008

19,000,000

2009

15,000,000

2010

20,000,000

 

 

Shareholders

 

           

Name

Subscription Share

Shengjia Huang

14,018,662

Perfect Wealth International Limited

4,443,500

Baojian Chemical Co.,Ltd

16,397,090

Baowang Investment Co., Ltd (translated)

4,575,424

Guangrong Investment Co., Ltd (translated)

4,811,382

Dingfeng Investment Co., Ltd (translated)

5,613,590

 

The information above is that of subject’s major shareholders.

 

 

Subsidiaries & Branches

 

Offices

1

Name

Taipei Office

Address

3F., No.356, Sec. 1, Neihu Rd., Neihu Dist., Taipei City 114, Taiwan

Telephone Number

+886 2-27998801

Fax Number

+886 2-27998806

2

Name

Chungli Office

Address

No.117,Gaoshuang Road, Ping Jhen City, Tao Yuan County, Taiwan, Republic of China

Telephone Number

+886 3-4920376

Fax Number

+886 3-2811472

3

Name

Taichung Office

Address

No.90, Sec. 1, Shatian Rd., Dadu Dist., Taichung City 432, Taiwan

Telephone Number

+886 4-26931368.26931962

Fax Number

+886 4-23111987

4

Name

Yuanlin Office

Address

75, Sinsing Rd., Pusin Township, Changhua County

Telephone Number

+886 4-8298470.8298474

Fax Number

+886 4-8298467

5

Name

Kaohsiung Office

Address

No.18, Tuku 1st Rd., Nanzih District, Kaohsiung City 811, Taiwan (R.O.C.)

Telephone Number

+886 7-3544947 / 07-3541198

Fax Number

+886 7-3543584

 

Subsidiaries

1

Name

NAN PAO RESINS (HOLDINGS) LTD.

NAN PAO RESINS INTERNATIONAL LTD.

EASTLION INDUSTRIAL LTD.

Address

Room 13, 10/F, Block B, Tonic Industrial Centre, 19 Lam Hing Street, Kowloon Bay, Kowloon, Hong Kong

Telephone Number

+852-2331-3983-3984

Fax Number

+852-2757-4299

E-mail:

fax@nanpao.com.hk

2

Name

Huang-Jiang Nan Pao Shoes-Materials Factory

Address

Yue Yuen Industrial Estate, HuangJiang Town DongGuan City, GuanDong, P.R.C.

Telephone Number

+86 769-8366-4815~7.3800

Fax Number

+86 769-8366-6177

E-mail:

np.quality@nanpao.com

3

Name

Fuqing Nan Pao Resins Co., Ltd

Address

Hong Kuan Industry Village, Xi To, Fu Qing City, Fu Jian Province ,China

Telephone Number

+86 591-8529-1391

Fax Number

+86 591-8529-1570

E-mail:

zzl163@pub5.fz.fj.cn

4

Name

Nan Pao Resins (China) Co., Ltd

Address

No.600, Kunhia Road. Kunshan Economic & Technological Zone Jiangsu Province the People’s Republic of China

Telephone Number

+86 512-57708888

Fax Number

+86 512-57719888

E-mail:

cnp@nanpao.com

5

Name

Nan Pao Resins (Fo Shan) Co., Ltd

Address

No.12, Kohler Avenue, Leping town, Sanshui District, Foshan City, Guangdong Province

Telephone Number

+86-757-87393000 / 87393001

Fax Number

+86-757-87380695

E-mail:

cheng.li@nanpao.com

6

Name

Thai Nan Pao Resins Chemical., Ltd

Address

412 Kor Soi 1c Bangpoo Industrial Tumbon Preaksa Ampur Muang Samutprakarn 10280, Thailand.

Telephone Number

+662-323-2761~3

Fax Number

+662-323-2760

E-mail:

colin.kung@nanpao.com

7

Name

P.T Indo Nan Pao Resins Chemical Co., Ltd

Address

JL. Pajajaran Raya No. 44, Jatiuwung, Tangerang, Indonesia

Telephone Number

+21 5918810,5918812,5918813

Fax Number

+21 5916867

E-mail:

jacktsai@nanpao.com

8

Name

Nan Pao Resins (Vietnam) Co., Ltd

Address

No.10, Thong Nhat Road, Song Than 2 Industrial Park, Di An District, Binh Duong Province, Viet Nam.

Telephone Number

+84-65-03790378

Fax Number

+84-65-03790377

E-mail:

gmoffice@nanpao.com 

9

Name

Nan Pao Electronic Material Company

Address

No.510,Zhongshan Rd., Xigang Dist, Tainan City 723, Taiwan

Telephone Number

+886 6-795-6032

Fax Number

+886 6-795-8542

E-mail:

np7092@nanpao.com

10

Name

Nan Pao Applicated Material Ltd.

Address

1F , No.7, Hejiang 2nd Rd., Shingling City, Taoyuan County 320, Taiwan

Telephone Number

+886-3-271-4689

Fax Number

+886-3-463-3840

E-mail:

sonic@npamadc.com

Main Products

3C Products, Boutique Accessories and the General Consumer Products, etc

11

Name

Foshan Nan Pao Great-will Advanced Materials Limited

Address

No.12, Kohler Avenue, Leping town, Sanshui District, Foshan City, Guangdong Province

Telephone Number

+86-757-87393000

Fax Number

+86-757-87393047

E-mail:

Mark.yi@nanpao.com

Main Products

Hot melt adhesive, disposable hygienic products, footwear, label, tape, packaging, woodworking, medical products, automotives, etc

 

 

Personnel Information

 

Core Management

Directors

1

Name

Shengjia Huang

Position

Board of Chairman

2

Name

Taichang Tang Huang

Position

Vice board of Chairman

3

Name

Baojian Chemical Co.,Ltd

Position

Director

4

Name

Baowang Investment Co., Ltd (translated)

Position

Director

5

Name

Guangrong Investment Co., Ltd (translated)

Position

Director

6

Name

Dingfeng Investment Co., Ltd (translated)

Position

Supervisor

 

Personnel Structure

Total Employees

About 1,700 Employees

 

 

Operation Information

 

Offices & Factories

 

Headquarters

Add

No.12, Nanhaipu, Nanhai Vil., Xigang Dist., Tainan City 723, Taiwan

Production Information

l         Subject is a manufacturer of adhesives, coatings, chemical resins and special chemical products   with the production activities

 

Purchase Information

l         The registered activities of subject:

Business Code

Details

C801060

Manufacture of synthetic rubber

C801100 

Manufacture of synthetic resin and plastic

C802120

Manufacture of industrial auxiliaries

C802200 

Manufacture of painting and the related products

ZZ99999

Besides licensed business, all other business items those are not banned or restricted.

l         The components and raw material for production are purchased from both local and abroad.

 

Sales Information

l         Subject is mainly engaged in manufacturing and trading of adhesives, coatings, chemical resins and special chemical products.

l         Subject introduced that the products of subject are all designed by themselves.

l         Subject introduced that it divided the products into 3 business units as Footwear Business Unit, Adhesive Business Unit and Coating Business Unit.

l         Subject introduced that the products sell to all over the world, and it has offices and subsidiaries located in different countries to help subject deal with the business in local markets.

 

Import and export right:

Import right

Yes

Export right

Yes

 

 

Settlements

 

Subject declined to disclose the settlements information, and from other sources, we couldn’t obtain the information, either.

 

 

Financial Information

 

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. Wu declined to disclose its financials citing the grounds of company’s confidentiality; from other source we can not obtain the relevant information, either.

 

 

Bankers

 

The bankers’ information is not available from the subject or other sources.

 

 

Public Record

 

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.

 

 

Interview Details

 

Name

Ms. Wu

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.99

UK Pound

1

Rs.87.55

Euro

1

Rs.68.69

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.