MIRA INFORM REPORT

 

 

Report Date :

08.06.2012

 

IDENTIFICATION DETAILS

 

Correct Name :

POWER COMMUNICATION TECHNOLOGY CO., LTD.

 

 

Registered Office :

9f.-3, No.716, Chung Cheng Rd., Zhonghe Dist., New Taipei City 235

 

 

Country :

Taiwan

 

 

Date of Incorporation :

05.07.1988

 

 

Com. Reg. No.:

23016118

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Manufacture and trade of computer peripheral equipments and the related products

 

 

No. of Employees :

About 25 Employees (Administrators)

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

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:

Power Communication Technology Co., Ltd.

Supplied Name:

Power Data International Ltd.

Trading Address:

9f.-3, No.716, Chung Cheng Rd., Zhonghe Dist., New Taipei City 235, Taiwan (R.O.C.)

Supplied Address:

9F-3 No. 716 Chung Cheng Rd Chung Ho Taipei

Telephone Number:

+886 2-8227-3297

Fax Number:

+886 2-8227-3363

E-mail:

Lynn_chen@pct-max.com.tw

Notes:

·         The supplied name is the name of subject’s subsidiary in the mainland of China, and the exact registered name in Taiwan is as above.

·         The supplied address is incomplete, and the exact address is as above.

 

 

Credit Summary

 

Credit Opinion:

Business connections are permissible.

 

 

Company Identification Details

 

Registered Name:

Power Communication Technology Co., Ltd.

Registered Address:

9f.-3, No.716, Chung Cheng Rd., Zhonghe Dist., New Taipei City 235, Taiwan (R.O.C.)

Date of Foundation:

1988-7-5

Registration Number:

23016118

Registry:

New Taipei City Government

Registered Capital:

NTD 24,000,000 (USD 801,804)

(As of 2012.6, 1 NTD = 0.03341 USD)

Paid-up Capital:

NTD 24,000,000 (USD 801,804)

Legal Representatives:

Bokai Li

Legal Form:

Joint Stock Company

Principal Activities:

Manufacture and trade of computer peripheral equipments and the related products

Staff:

About 25 Employees (Administrators)

Listed at Stock Exchange:

No

Date of Last Annual Return:

2010-5-5

 

 

History

 

Subject was incorporated on 1988-7-5 with registered number 23016118 as Joint Stock Company in Taiwan.

Change of Name

Former Chinese Name

銘鵬企業有限公司

Current Chinese Name

銘鵬科技股份有限公司

 

 

Shareholders

 

           

Name

Subscription Shares

Bokai Li

16,454

Houding Li

1,000

Houkuan Li

2,653

Yumeng Liang

2,793

 

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

 

 

Subsidiaries & Branches

 

Factory in Taiwan

Address

Daxi, Taoyuan County, Taiwan, R.O.C

 

Subsidiary in the mainland of China:

Name

Power Data International Ltd.

Address

No.4, Lane 9, Yanzhong Street, Wusha District, Chang’ an Town, Dongguan City, Guangdong

Telephone Number

+86-769-81551956 / 85331246 

Fax Number

+86-769-81551976

E-mail

pcthjs@pct-max.com.tw/807100@163.com

 

 

Personnel Information

 

Core Management

Directors

1

Name

Bokai Li

Position

Board of Chairman

2

Name

Houding Li

Position

Director

3

Name

Houkuan Li

Position

Director

4

Name

Yumeng Liang

Position

Supervisor

 

Personnel Structure

Total Employees

About 25 Employees (Administrators)

 

 

Operation Information

 

Offices & Factories

 

Headquarters

Add

9f.-3, No.716, Chung Cheng Rd., Zhonghe Dist., New Taipei City 235, Taiwan (R.O.C.)

 

Production Information

l         Subject is a manufacturer of computer peripheral equipments and the related products with the production activities

Purchase Information

l         The registered activities of subject:

Business Code

Details

1

General import and export(except futures)

2

Trade of motor material, hardware material and the related products.

3

Manufacture , process and trade of computer peripheral equipment and electronic material

F113070

Wholesale of electronic equipment

I301010 

Software Industry

l         The components and raw material for production are purchased from local.

 

Sales Information

l         Subject is mainly engaged in manufacturing and trading of computer peripheral equipments and the related products.

l         Subject introduced that its major products include Multi-KVM Switches, Monitor Splitters, Video Extenders, Video Switches and PC Sharing Devices.

l         Subject introduced that subject in the mainland of China has the factory, and the customers can choose the products from the mainland of China or Taiwan.

l         Subject’s selling territory covers all over the world.

 

Import and export right:

Import right

Yes

Export right

Yes

 

 

 

 

Settlements

 

Purchase

Subject declined to disclose the purchase settlements information, and from other sources, we couldn’t obtain the information, either

 

Sales

Domestic Markets

Product

Sales Terms

Proportion

Multi-KVM Switches, Monitor Splitters, Video Extenders, Video Switches and PC Sharing Devices.

COD, etc.

100%

 

Export

Product

Sales Terms

Proportion

Multi-KVM Switches, Monitor Splitters, Video Extenders, Video Switches and PC Sharing Devices.

T.T, etc.

100%

Notes:

Subject’s settlement for export is generally in USD

 

 

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.

 

 

Bankers

 

The bankers’ information is not available from the subject or other sources.

 

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.55.15

UK Pound

1

Rs.85.22

Euro

1

Rs.69.24

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.