MIRA INFORM REPORT

 

 

Report Date :

14.02.2012

 

IDENTIFICATION DETAILS

 

Correct Name :

E-ZUR TECHNOLOGY INT'L CO.

 

 

Registered Office :

1F, No.2-1, Alley 63, Lane 505, Lao Chuang Rd., Yang Mei Town, Taoyuan Hsien

 

 

Country :

Taiwan

 

 

Date of Incorporation :

22.06.2000

 

 

Com. Reg. No.:

70585836

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Manufacture and Trading of electronic passive components, etc.

 

 

No. of Employees :

N/A

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 30,000

Status :

Moderate

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 30, 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:

E-Zur Technology Int'l Co.

Supplied Name:

Techcom Power Inc.

Trading Address:

1F, No.2-1, Alley 63, Lane 505, Lao Chuang Rd., Yang Mei Town, Taoyuan Hsien, Taiwan, R.O.C.

Supplied Address:

No.2-1 Alley Lane 505, Lao Jung Road, Yangmei, Taoyuan Taiwan

Telephone Number:

+886-3-4785305

Fax Number:

+886-3-4759185

Email:

ezur@ms61.hinet.net

 

Notes:

The exact subject’s name and address are as above mentioned, and the supplied name is another foreign trade name of subject which is not registered in the registry.

 

 

Credit Summary

 

Credit Rating:

Maximum credit USD 30,000

Credit Opinion:

Business connections are permissible.

 

 

Company Identification Details

 

Registered Name:

E-Zur Technology Int'l Co.

Registered Address:

1F, No.2-1, Alley 63, Lane 505, Lao Chuang Rd., Yang Mei Town, Taoyuan Hsien, Taiwan, R.O.C.

Date of Foundation:

2000-6-22

Registration Number:

70585836

Registry:

Ministry of Economic Affairs Central Office

Registered Capital:

NTD 5,000,000.00 (USD 165,000.00)

(As of 2012.1, 1 NTD = 0.033 USD)

Paid-up Capital:

NTD 5,000,000.00 (USD 165,000.00)

Legal Representatives:

Wenrong Chen

Legal Form:

Private Limited Liability Company

Principal Activities:

Manufacture and trading of electronic passive components, etc.

Staff:

N/A

Listed at Stock Exchange:

No

Date of Last Annual Return:

2004-2-9

 

Notes:

Subject declined to introduce its staff number.

 

 

History

 

Subject was incorporated on 2000-6-22 with registered number 70585836 as Private Limited Liability Company in Taiwan.

 

 

Shareholders

 

(Unit: NTD)

Name

Subscription Amount

Wenrong Chen

3,980,000         

 

 

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

 

 

Personnel Information

 

Core Management

 

Directors

Name

Wenrong Chen

Position

Director

 

 

Operation Information

 

Offices & Factories

 

 

Headquarters

Add

1F, No.2-1, Alley 63, Lane 505, Lao Chuang Rd., Yang Mei Town, Taoyuan Hsien, Taiwan, R.O.C.

 

Production Information

 

Subject produces electronic passive components, etc.

Subject has its factory in Taiwan.

 

Purchase Information

 

The registered activities of subject:

Business Code

Details

F113020 

Electrical wholesale industry

F119010

Electronic materials and wholesale industry

F219010

Retail of electronic materials

F213010 

Electrical retail business

F113010 

Machinery wholesale industry

F113070

Wholesale trade of telecommunications equipment

F401010

International trade

 

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

 

The components and raw material for production are mostly purchased from domestic.

 

Sales Information

 

·         The subject is mainly engaged in manufacturing and processing of electronic passive components, etc.

·         Subject’s products include multi-layer chip capacitors (MLCC), zinc oxide varistor, SMD varistor, chip resistor, PTC thermistor, ceramic disc capacitor, ring varistor, etc.

·         Subject has both domestic and foreign markets.

·         Subject exports to America, Europe, Asian countries, etc.

·         The subject has a proportion of 50% for export.

 

Import and export right:

Import right

Yes

Export right

Yes

 

 

Settlements

 

Purchase

 

Domestic Purchase

Product

Payment Terms

Proportion

Components and raw material

COD, CBD, etc.

100%

 

Foreign Purchase

Product

Payment Terms

Proportion

Components and raw material

CBD, etc.

100%

 

Sales

 

Domestic Markets

Product

Sales Terms

Proportion

Electronic passive components, etc.

COD, CBD, etc.

100%

 

Export

Product

Sales Terms

Proportion

Electronic passive components, 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. Chen declined to disclose its financials citing the grounds of company’s confidentiality; 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. Chen

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.32

UK Pound

1

Rs.77.84

Euro

1

Rs.65.35

 

 

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.