MIRA INFORM REPORT
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Report Date : |
02.02.2012 |
IDENTIFICATION DETAILS
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Name : |
VOLTRONIC POWER TECHNOLOGY CORP. |
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Registered Office : |
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Country : |
Taiwan |
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Date of Incorporation : |
01.05.2008 |
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Com. Reg. No.: |
28865032 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and trade
of PV and UPS products and the related products |
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No. of Employees
: |
50 |
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 10,000 |
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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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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 |
Contact
Points
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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: |
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E-mail: |
Notes:
The supplied address is incomplete, and the exact name is as above.
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
Company
Identification Details
History
Subject was incorporated
on
Shareholders
|
Subscription Share |
|
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Zhuoming Xie |
8,764,500 |
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Kaihong International Investment Co., Ltd
(translated) |
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|
2,217,500 |
|
|
FSP Technology Inc |
5,225,000 |
|
Yiling Xie |
1,400,000 |
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RPS. S.P.A. |
5,337,500 |
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Fufengshou Investment Co., Ltd (translated) |
3,337,500 |
The information above is that of subject’s major shareholders.
Subsidiaries &
Branches
Manufacture Center
in mainland of China:
|
Name |
Yusheng
Production Center |
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Position |
1 |
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Telephone Number: |
+86-755-86016601 |
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Fax Number: |
+86-755-86016603 |
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2 |
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Name |
Shiyan
Production Center |
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Position |
1 |
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Telephone Number: |
+86-755-29182809 |
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Fax Number: |
+86-755-29182982 |
Personnel
Information
Core
Management
|
1 |
|
|
Name |
Zhuoming Xie |
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Position |
Board Chairman |
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2 |
|
|
Name |
Cuifang Chen |
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Position |
Director |
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3 |
|
|
Name |
Yaoren Zheng |
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Position |
Director |
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4 |
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Name |
Yiling Xie |
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Position |
Director |
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5 |
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Name |
ROBERTO FACCI |
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Position |
Director |
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6 |
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Name |
Yuzhe Lin |
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Position |
Supervisor |
Personnel
Structure
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Total Employees |
About 50 Employees |
Operation
Information
Offices
& Factories
|
|
Headquarters |
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Add |
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Production
Information
l
Subject is a manufacturer of PV and UPS products and the related products with
the production activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
F113050 |
Wholesale of computer and businesslike equipment |
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F118010 |
Wholesale of software |
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F119010 |
Wholesale of electronic material |
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I501010 |
Products Design |
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I599990 |
Other Design |
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ZZ99999 |
Besides licensed business, all other business
items those are not banned or restricted. |
l
The components and raw material for production are
mostly purchased from abroad.
l
Subject is mainly engaged in manufacturing and
trading of OEM/ODM power products and the related products.
l
Subject introduced that major products sold as
following:
|
Product |
Sales Region |
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1 |
Bonnie 50W DC UPS |
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2 |
SCC-MPPT 300W- 600W |
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3 |
SCC-MPPT 3KW |
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4 |
SCC-Basic 50-100W |
|
5 |
EnerSolar 3KW-5KW |
|
6 |
Scudo 400-600VA |
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7 |
Others |
l
Subject introduced that it also provides customers
with customized packages from product combination, marketing intelligence, to innovative
market plan.
l
Subject’s selling territory covers many countries,
such as the mainland of China, USA, and Europe and so on.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Settlements
Subject declined
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. Chen 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. Chen |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.53 |
|
UK Pound |
1 |
Rs.77.95 |
|
Euro |
1 |
Rs.64.66 |
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 |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.