MIRA INFORM REPORT
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Report Date : |
28.02.2012 |
IDENTIFICATION DETAILS
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Name : |
DUAL-TAIAQUA CORPORATION |
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Registered Office : |
No.46, Cheng Kung St.,
Erh Chen Vil., Kuan Tien Dist., Tainan City 72046 |
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Country : |
Taiwan |
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Date of Incorporation : |
17.10.1987 |
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Com. Reg. No.: |
22651809 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Trading of animal feed, feed additives, etc |
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No. of Employees
: |
About 25 employees |
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 20,000 |
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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) |
|
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 |
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Company Name: |
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Supplied Name: |
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Trading Address: |
No.46, Cheng Kung St., Erh Chen Vil., Kuan
Tien Dist., Tainan City 72046, Taiwan |
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Supplied Address: |
No. 46, Cheng Kung St., Tainan City 72046,
Erh Chen Vil. Kuan, Tien Taiwan |
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Telephone Number: |
+886-6-6987192 |
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Fax Number: |
Notes:
The exact subject’s name and address are as above mentioned.
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Credit Rating: |
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Credit Opinion: |
Subject was incorporated on 1987-10-17 with registered
number 22651809 as Joint Stock Company in Taiwan.
Change of Name
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Former Chinese
Name |
鹏群饲料股份有限公司 |
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Current Chinese
Name |
鹏群兴业股份有限公司 |
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Name |
Subscription Shares |
|
Minghui Lin |
260 |
|
Wenli Ye |
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|
3,570 |
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|
Xiunv Xu |
3,920 |
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Zhongzhaozai Lin |
2,750 |
The information above is that of subject’s major shareholders.
Core
Management
|
1 |
|
|
Name |
Minghui Lin |
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Position |
Chairman |
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2 |
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|
Name |
Wenli Ye |
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Position |
Director |
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3 |
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Name |
Xiunv Xu |
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Position |
Director |
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4 |
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Name |
Zhongzhaozai Lin |
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Position |
Supervisor |
Personnel
Structure
|
Total Employees |
About 25 employees |
Offices
& Factories
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|
Headquarters |
|
Add |
No.46, Cheng Kung St., Erh Chen Vil., Kuan Tien Dist., Tainan City
72046, Taiwan |
l
Subject produces feed additives, etc.
l
Subject
has its factory in Taiwan.
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
C199990 |
Unallocated other food
manufacturing |
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C201010 |
Feed manufacturing |
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C802100 |
Cosmetics Manufacturing |
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C802110 |
Cosmetic pigment
manufacturing |
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F101050 |
Aquatic Products Wholesale |
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F102170 |
Food even goods wholesale
trade |
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F103010 |
Feed wholesale trade |
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F107030 |
Cleaning supplies wholesale
trade |
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F107070 |
Animal drug wholesale
industry |
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F107200 |
Chemical raw materials,
wholesale trade |
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F108040 |
Wholesaling of Cosmetics |
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F113010 |
Machinery wholesale industry |
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F113030 |
Precision instrument
wholesale trade |
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F201030 |
Aquatic retail |
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F202010 |
Feed retail |
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F203010 |
Even goods food, beverage
and retail trade |
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F207030 |
Retail of cleaning supplies |
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F207070 |
Animal drug retail |
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F207200 |
Chemical raw materials,
retail |
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F208040 |
Cosmetics retail |
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F208050 |
B medicine retail |
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F401010 |
International trade |
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I101070 |
Agriculture, forestry,
fisheries, livestock consultant industry |
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I101090 |
Food Consultancy Services |
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ZZ99999 |
Besides licensed
business, all other business items those are not banned or restricted. |
l
The products are mostly purchased from abroad.
l
Subject purchases from
mainland of China.
l
The subject has a
proportion of 50% for Import.
l
The subject is mainly engaged in trading of animal feed, feed additives, etc.
l
Subject’s main markets are local markets.
l
Subject seldom exports.
Import and export
right:
|
Import right |
Yes |
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Export right |
Yes |
Purchase
Domestic Purchase
|
Payment Terms |
Proportion |
|
|
Food, beverage |
COD, CBD, etc. |
100% |
Foreign Purchase
|
Payment Terms |
Proportion |
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Food, beverage |
CBD, etc. |
100% |
Sales
Domestic Markets
|
Sales Terms |
Proportion |
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Food, beverage |
COD, CBD, etc. |
100% |
Export
Notes: Subject seldom exports.
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 declined to disclose its financials citing the
grounds of company’s confidentiality; from other source we can not 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.
Notes:
The woman who answered the telephone declined to introduce its staff number.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.05 |
|
UK Pound |
1 |
Rs.77.78 |
|
Euro |
1 |
Rs.65.89 |
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 |
|
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 |
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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.