MIRA INFORM REPORT

 

 

Report Date :

04.07.2012

 

IDENTIFICATION DETAILS

 

Name :

HK  YJ  INTERNATIONAL  GROUP  CO.  LTD

 

 

Registered Office :

Room 603, 6/F., Hang Pont Commercial Building, 31 Tonkin Street, Cheung Sha Wan, Kowloon

 

 

Country :

Hong Kong 

 

 

Date of Incorporation :

19.08.2011

 

 

Com. Reg. No.:

58939554

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Not Available

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

--

NB

                                       New Business

 

--

 

Status :

New company

Payment Behaviour :

Unknown

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

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

 

HK  YJ  INTERNATIONAL  GROUP  CO.  LTD.

 

 

Company ADDRESS

 

Registered Office:-

c/o Hongkong Gangsheng Business Consulting Co. Ltd.

Room 603, 6/F., Hang Pont Commercial Building, 31 Tonkin Street, Cheung Sha Wan, Kowloon, Hong Kong.

 

 

BUSINESS REGISTRATION NUMBER

 

58939554

 

 

COMPANY FILE NUMBER

 

1658873

 

 

DATE OF INCORPORATION

 

19th August, 2011.

 

 

CAPITAL

 

Nominal Share Capital: HK$1,000,000.00 (Divided into 1,000,000 shares of HK$1.00 each)

 

Issued Share Capital: HK$1,000,000.00

 

 

SHAREHOLDERS

 

(As per registry dated 19-08-2011)

Name

Occupation

No. of shares

MIN Yu

 

500,000

DU Juan Juan

 

500,000

 

 

––––––––

 

Total:

1,000,000

=======

 

 

DIRECTORS

 

(As per registry dated 19-08-2011)

Name

(Nationality)

 

Address

DU Juan Juan

No. 5-1, No. 24, Ren Min Village, Yu Zhong District, Chong Qing City, China.

 

MIN Yu

No. 318-3-1, Dui Jin Village, Sha Ping Ba District, Chong Qing City, China.

 

 

SECRETARY 

 

(As per registry dated 19-08-2011)

Name

Address

Co. No.

Hongkong Gangsheng Business Consulting Co. Ltd.

Room 603, 6/F., Hang Pont Commercial Building, 31 Tonkin Street, Cheung Sha Wan, Kowloon, Hong Kong.

1450784

 

 

GENERAL

 

HK YJ International Group Co. Ltd. was incorporated on 19th August, 2011 as a private limited liability company under the Hong Kong Companies Ordinance.

The subject does not have its own office.  Its registered office, located at Room 603, 6/F., Hang Pont Commercial Building, 31 Tonkin Street, Cheung Sha Wan, Kowloon, Hong Kong, is the operating office of a commercial service firm known as Hongkong Gangsheng Business Consulting Co. Ltd. [Gangsheng] which is handling its correspondences and documents.  Gangsheng is also the corporate secretary of the subject.

The subject has no employees in Hong Kong.

The subject’s registered address is not located at your given address Room 2301, 23/F., World-Wide House, 19 Des Voeux Road Central, Hong Kong where is the operating address of a commercial service provider WinGate Business Ltd.

According to the Companies Registry of Hong Kong, the subject has issued 1 million ordinary shares of HK$1.00 each which are equally-owned by Ms. Du Juan Juan and Mr. Min Yu.  Both are China merchants.  Being China ID holders and do not have the right to reside in Hong Kong permanently, they are also directors of the subject.  Currently, they are residing in Chongqing City, China.

The subject’s lines of business are unknown since the secretarial firm knows nothing about its business.

The director and shareholder of the subject cannot be reached as they are in China.

No information of the subject can be obtained from our secondary sources.

We can reach nobody from your given phone number 852-3065 6386 as this line has always been engaged.  It is likely that this line has been out of service.

It is likely that the subject has got an associated company in Chongqing City, China which is also operated by the two shareholders of the subject.

It is also likely that the China firm deals with foreign parties under the name of the subject and let foreign firms correspond with the subject’s registered address in Hong Kong.  The China firm also exports commodities to foreign markets under the name of the subject and its registered address in Hong Kong.

The subject’s business in Hong Kong is not active.  History in Hong Kong is over ten month.

Since the subject does not have its own operating office and has no employees in Hong Kong, consider it good for business engagements on L/C basis.

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.81

UK Pound

1

Rs.86.03

Euro

1

Rs.69.06

 

 

INFORMATION DETAILS

 

Report Prepared by :

PDT

 

 

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.