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Report Date : |
13.06.2012 |
IDENTIFICATION DETAILS
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Name : |
JIA CHENG TECHNOLOGY CO., LTD. |
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Registered Office : |
No.2-3, |
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Country : |
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Date of Incorporation : |
23.02.2009 |
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Com. Reg. No.: |
24358210 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Process and trade of unique electroplating products and
the related products |
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No. of Employees : |
Not Available |
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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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
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 |
Notes:
Subject introduced that the exact English name is as above.
Subject declined to confirm the supplied address, but stated that the exact trading address is as above.
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Credit Opinion: |
Note:
Subject declined to disclose the staff number, and from other sources, we couldn’t obtain the information, either.
Subject
was incorporated on
|
Name |
Subscription
Amount |
|
Shuman Huang |
2,000,000 |
The information above is that of subject’s major shareholders.
Core
Management
|
Name |
Shuman Huang |
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Position |
Director |
Offices
& Factories
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|
Headquarters |
|
Add |
No.2-3,
Mincyuan Rd., Dayuan Township, Taoyuan County 337, Taiwan (R.O.C.) |
Production
Information
l
Subject is a processor of unique electroplating
products with the production activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
CA02010 |
Manufacture of
the metal material and building material. |
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F113010 |
Wholesale of
machinery |
|
F401010 |
International
trade |
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E605010 |
Computer
Peripheral Installation |
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ZZ99999 |
Besides
licensed business, all other business items those are not banned or
restricted. |
l
The components and raw material for production are
mostly purchased from local.
l
Subject is mainly engaged in processing and
trading of unique electroplating products and the related products.
l
Subject introduced that support many factory to
process anodizing treatment of aluminum and aluminum alloy including RAZER
(aluminum mouse pad), TOYOTA, and NISSAN (X-TRAIL) MOTOROLA, Shuttle Inc. and
so on.
l
Major products sold as following:
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|
Product |
|
1 |
Anodizing
treatment of aluminum and aluminum alloy |
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2 |
Hard anodizing
treatment of aluminum and aluminum alloy |
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3 |
Electro less
nickel plating |
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4 |
Brushing/
Grinding/ Buffing/ Polishing |
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5 |
Vibratory
Polishing |
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6 |
Abrasive
Blasting |
|
7 |
Chromate
Conversion Coating |
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8 |
Others |
l
Subject’s selling territory mainly covers Asia.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Subject declined to disclose the settlements information, and from other sources, we couldn’t obtain the information, either.
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 Mr. Huang declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
The bankers’ information is not available from the subject or other sources.
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.
|
Name |
Mr. Huang |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.05 |
|
UK Pound |
1 |
Rs.86.69 |
|
Euro |
1 |
Rs.69.98 |
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 |
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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 |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.