MIRA INFORM REPORT

 

 

Report Date :

29.02.2012

 

IDENTIFICATION DETAILS

 

Name :

HUEI-HO  INTERNATIONAL  CO.  LTD.

 

 

Registered Office :

C/o JBL Secretary Services Ltd.

Room 1302, 13/F., CRE Building, 303 Hennessy Road, Wanchai

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

17.10.2003

 

 

Com. Reg. No.:

33994349

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Trading in all kinds of pharmaceuticals, fine chemicals, pesticide intermediates and pharmaceutical raw materials.

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Dissolved by Deregistration

Payment Behaviour :

--

Litigation :

--

 

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)

Hong Kong

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name and address

 

HUEI-HO  INTERNATIONAL  CO.  LTD.

 

ADDRESS:

 

Registered Office:-

c/o JBL Secretary Services Ltd.

Room 1302, 13/F., CRE Building, 303 Hennessy Road, Wanchai, Hong Kong.

 

Associated Company:-

Huei-Ho International Co. Ltd.

Shanghai Office

20B, No. 2, Lane 600, Peakway Tower, Tianshan Road, 200051 Shanghai, China.

Tel:       86-21-6273 7219, 6273 6279

Fax:      86-21-6273 5948

E-mail:  info@huei-ho.com

Nanjing Office

Room 1805, 18/F., Changfu Fenghua Tower, 75 Changfu Road, Nanjing 210002, China.

Tel:       86-15715146098

Fax:      86-25-8664 8817

 

 

BUSINESS REGISTRATION NUMBER 

 

33994349

 

 

COMPANY FILE NUMBER

 

 0866728

 

 

DATE OF INCORPORATION 

 

17th October, 2003.

 

 

CAPITAL

 

Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)

 

Issued Share Capital: HK$10,000.00

 

SHAREHOLDER

(As per registry dated 17-10-2009)

 

Name

 

No. of shares

YAO Bing Xing

 

10,000

=====

 

 

DIRECTOR    

(As per registry dated 17-10-2009)

 

Name

(Nationality)

 

Address

YAO Bing Xing

Room 102, No. 44, Lane 5058, Dushi Road, Minhang, Shanghai, China.

 

 

SECRETARY

(As per registry dated 17-10-2009)

 

Name

Address

Co. No.

JBL Secretary Services Ltd.

Room 1302, 13/F., CRE Building, 303 Hennessy Road, Wanchai, Hong Kong.

0665319

 

 

GENERAL

 

Please be advised that Huei-Ho International Co. Ltd. was a private limited company which applied for deregistration in January 2010.  It was formally deregistered on 18th June, 2010, the date of the publication of Gazette Notice No. 3557.  The subject was accordingly dissolved on deregistration.

The subject was incorporated on 17th October, 2003 as a private limited liability company under the Hong Kong Companies Ordinance.

Originally the subject was registered under the name of Frame Consultant Co. Ltd., name changed to Huei-Ho International Co. Ltd. on 13th August, 2004.

The subject did not have its own operating office.  Its registered office was in a commercial service firm located at Room 1302, 13/F., CRE Building, 303 Hennessy Road, Wanchai, Hong Kong known as JBL Secretary Services Ltd. which had handled its correspondences and documents.  JBL Secretary Services Ltd. was also the corporate secretary of the subject.

The subject had no employees in Hong Kong.

According to the Companies Registry of Hong Kong, the subject had issued 10,000 ordinary shares of HK$1.00 each which were wholly-owned by Mr. Yao Bing Xing who is a China merchant residing in Shanghai, China.  Holding a China ID card, he was also the only director of the subject.

To our knowledge, there is a firm in Shanghai, China bearing the same name [hereafter refers to “Huei-Ho”] as the subject.  It is likely that Huei-Ho is still a live company in Shanghai, China.  Huei-Ho is trading in all kinds of pharmaceuticals, fine chemicals, pesticide intermediates and pharmaceutical raw materials.

The subject had traded the same type of products as Huei-Ho.

Huei-Ho is carrying the following main commodities: Sodium Borohydride, Phenyl Ethyl Alcohol, 2,2,2-Trifluoro Ethanol, N, N-Dimethyl Carbamoyl Chloride, Para Hydroxy Acetophenone, Ortho Hydroxy Acetophenone, etc.  Huei-Ho’s chemicals were exported to Southeast Asia, Europe and North America.  Overall business is normal.

Huei-Ho has had an office in Nanjing City, Jiangsu Province, China.  Its factory in Shanghai has been ISO 9001 certified.  It is likely that Mr. Yao Bing Xing is also the owner of Huei-Ho.

Huei-Ho had dealt with foreign parties under the name and address of the subject in Hong Kong.

Since the subject has been dissolved by deregistration, consider it not suitable for any business engagements.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.14

UK Pound

1

Rs.77.86

Euro

1

Rs.66.06

 

 

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%)

 

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