MIRA
INFORM REPORT
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Report Date : |
03.02.2012 |
IDENTIFICATION DETAILS
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Name : |
CHAMPION GOODS CORPORATION |
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Registered Office : |
5F., No.282, fu Hsing N. Rd., Taipei |
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Country : |
Taiwan |
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Date of Incorporation : |
08.07.2011 |
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Com. Reg. No.: |
53356628 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Trading of building materials, etc |
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No. of Employees : |
About 5-10 employees |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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-- |
NB |
New Business |
-- |
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Status : |
New Company |
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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 – September 30, 2011
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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: |
+886-2-2518-4358 |
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Fax Number: |
Notes: subject’s exact name and address are as above and Ms. Lin introduced that
the supplied name also belongs to subject.
Company Identification Details
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Registered Name: |
Champion Goods Corporation |
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Registered Address: |
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Date of Foundation: |
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Registration Number: |
53356628 |
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Registry: |
Taipei City Government |
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Registered Capital: |
(As of 2012.02, 1 NTD = 0.0338 USD) |
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Legal Representatives: |
Shiquan Zhou |
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Legal Form: |
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Principal Activities: |
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Staff: |
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Listed at Stock
Exchange: |
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Date of Last
Annual Return: |
History
Subject was incorporated on
Shareholders
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Name |
Subscription Amount |
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Shiquan Zhou |
600,000 |
The information above
is that of subject’s major shareholders.
Subsidiaries & Branches
Personnel Information
Core
Management
Director
|
Name |
Shiquan Zhou |
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Position |
Director |
Personnel
Structure
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Total Employees |
About 5-10 employees |
Operation Information
Offices
& Factories
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Headquarters |
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Add |
l
Subject is a trader of building materials without
any production activities, but it is introduced that subject has cooperative
manufacturers in Taiwan and the mainland of China to deal with the production.
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
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F101040 |
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F102170 |
Wholesales of food and groceries |
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F111090 |
Wholesales of building materials |
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F401010 |
International Trading Business |
l
Subject purchases mainly purchase from domestic
market.
l
The subject is mainly engaged in sales of building materials
including Acoustical Mineral Fiber Ceiling Board,PVC Vinyl Laminated Gypsum
Board,Ceiling Grid,Suspension System,Magnesium Oxide Board,Perforated
Acoustical Gypsum Board,Ceiling,Ceiling Fan,Cement Fiber Board,Calcium Silicate
Boards, etc
l
Subject’s products are both sold in domestic and
overseas market.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Settlements
Purchase
Domestic Purchase
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Payment Terms |
Proportion |
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Building materials, etc |
COD, CBD, etc |
100% |
Foreign Purchase
Subject has little domestic import business.
Sales
Domestic Markets
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Sales Terms |
Proportion |
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Building materials, etc |
CBD, etc |
100% |
Export
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Sales Terms |
Proportion |
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Building materials, etc |
CBD, etc |
100% |
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. Lin declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
Bankers
Subject declined to
disclose its bank details; from other source we can not obtain the relevant
information, either.
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. Lin |
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Department |
Sales department |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.13 |
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|
1 |
Rs.77.85 |
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Euro |
1 |
Rs.64.75 |
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.