MIRA INFORM REPORT

 

 

Report Date :

20.06.2012

 

IDENTIFICATION DETAILS

 

Name :

TCI FIRSTEK CORP.

 

 

Registered Office :

8F., No.189, Kang Chien Rd., Taipei City

 

 

Country :

Taiwan

 

 

Date of Incorporation :

09.11.2004

 

 

Com. Reg. No.:

27531430

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Sales of healthy food materials and beauty care materials, etc

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

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:

TCI FIRSTEK CORP.

Supplied Name:

TCI FIRSTEK CORP

Trading Address:

8F., No.189, Kang Chien Rd., Taipei City, Taiwan, R.O.C.

Supplied Address:

8F No. 187 Kang Chien Rdneihu Dist. Taipei City

Telephone Number:

+886-2-8797-7811

Fax Number:

+886-2-8979-3578

E-mail:

firstek@qodm.com

Notes: Subject’s exact name and address are as above.

 

Credit Summary

 

Credit Opinion:

Business connections are permissible.

 

Company Identification Details

 

Registered Name:

TCI FIRSTEK CORP.

Registered Address:

8F., No.189, Kang Chien Rd., Taipei City, Taiwan, R.O.C.

Date of Foundation:

2004-11-9

Registration Number:

27531430

Registry:

Taipei City Government

Registered Capital:

NTD 200,000,000 (USD 6,700,000)

(As of 2012.06, 1 NTD = 0.0335USD)

Paid-up Capital:

NTD 70,000,000 (USD 2,345,000)

Legal Representatives:

Shujun Guan

Legal Form:

Joint Stock Company

Principal Activities:

Sales of healthy food materials and beauty care materials, etc

Staff:

N/A

Listed at Stock Exchange:

No

Date of Last Annual Return:

2012-5-28

Notes: Subject declined to disclose its staff number; from other source we cannot obtain the relevant information, either.

 

History

Subject was incorporated on 2004-11-9 with registered number 27531430 as Joint Stock Company in Taiwan.

 

Change of Name

Former Chinese Name

第一國際科技股份有限公司

Current Chinese Name

台灣第一新藥股份有限公司

 

Shareholders

 

Name

Subscription Shares

TCI CO., Ltd

7,000,000         

 

 

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

 

Subsidiaries & Branches

 

Parent Company

Name

TCI CO., Ltd

Address

8F, No.187, Kang Chien Rd.,Nei Hu Dist.,Taipei 114,Taiwan

Tel

+886-2-8797-7811

Fax:

+886-2-8797-3577

Email:

info@qodm.com

 

Other related Companies and offices

Shanghai Biotech Co.Ltd.
Room801, Intercontinental Bussiness Center,100 Yutong Road. Shanghai China
TEL : +86-21-5102-9211
FAX : +86-21-5102-8211
Email : info@qodm.com   

 

TCI Beijing Office
A536-F5,CBD lnternational tower, No.16, YongAndongli, Chaoyang District, Beijing, China
TEL : +86-10-5126-9211
FAX : +86-10-6563-7622
Email : sunny.ye@qodm.com

 

TOYO BIO TEC Co. Ltd  S2 factory (Japan Branch)
4046-1 Rokutanda Uruda Kmono Mie-Gun,Mie-Pref,Japan 510-1253
TEL : +81-59-391-1810
FAX : +86-59-394-1731
Email : info@qodm.com 

 

TCI Biochemica Products, Inc
Rowland Heights, California, USA
TEL : +1-949-439-3335
Email : eugene@qodm.com 

 

TCI Taipei Wu-Gu Factory
3F,No.1,Wucyuan Rd.,Wugu Township,Taipei Country,Taiwan,R.O.C.,
TEL : +886-2-7739-1007
FAX : +886-2-7739-1008

 

TCI Hainan Factory
Haikou City, Hainan, China

 

TCI Agricultural Biotechnology Park Factory

Pingtung County, Taiwan

TCI Minhang Factory

Zishun Industry Park, Minhang District, Shanghai, China

 

Personnel Information

Core Management

 

Directors

1

Name

Shujun Guan

Position

Board Chairman

2

Name

Wunan Yang

Position

Director

3

Name

Yongxiang Lin

Position

Director

Date of Appointment:

2012-5-7

4

Name

Qijuan Yang

Position

Supervisor

 

Operation Information

Offices & Factories

 

 

Headquarters

Add

8F., No.189, Kang Chien Rd., Taipei City, Taiwan, R.O.C.

 

Production Information

l         Subject is a trader of healthy food, and skincare product materials without any production activities itself.

Purchase Information

 

l         The registered activities of subject:

Business Code

Details

F401010

International Trading Business

C199990

Manufacture of other unclassified food

C104010

Manufacture of candy

F102170

Wholesales of food and groceries

F108021

Wholesales of Western medicine

F208021

Retails of Western medicine

IC01010

Pharmaceutical inspection industry

IG01010

Biological technology services

F208050

Retails of B type medicine

C802100

Manufacture of cosmetics

C802110

Manufacture f cosmetic pigment

F208040

Retails of cosmetics

F221010

Retails of food additives

F299990

Other retails

F601010

Intellectual property industry

F107200

Wholesales of chemical materials

F107990

Wholesales of other chemical products

F207200

Retails of chemical materials

F207990

Retails of other chemical products

ZZ99999

Besides licensed business, all other business items those are not banned or restricted.

 

l         It is introduced that Subject has business points in Taiwan, USA, Japan, China and Hong Kong for purchasing.

l         Subject’s major agent brands are Weishardt, JellySkin, Happy Banana, Gomini, Gomeli and SOPep-C, etc

 

 

Sales Information

 

l         Subject is mainly engaged in sales of materials for healthy food, and skincare products and it is introduced that subject has over 1,000 items for sale.

l         Subject’s products are both sold in domestic and overseas market and subject’ sales region mainly focus on Asia.

 

Major items

1

Weishardt Collagen Powder

2

Vitamin C

3

Bio cellulose face mask & eye mask

4

JellySkin aequorin

5

Happy Banana (Serotonin health care products)

6

Gomini

7

Gomeli

8

SOPep-C

 

Import and export right:

Import right

Yes

Export right

Yes

 

Settlements

Purchase

 

Domestic Purchase

Product

Payment Terms

Proportion

Healthy food, and skincare products materials, etc

CBD, COD, etc

100%

 

Foreign Purchase

Product

Payment Terms

Proportion

Healthy food, and skincare products materials, etc

CBD, etc

100%

 

Sales

Domestic Markets

Product

Sales Terms

Proportion

Healthy food, and skincare products materials, etc

CBD, etc

100%

 

Export

Product

Sales Terms

Proportion

Healthy food, and skincare products materials, etc

CBD, etc

100%

 

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 declined to disclose its financials citing the grounds of company’s confidentiality; from other source we can not obtain the relevant information, either.

 

Bankers

 

Subject declined to disclose its bank details; from other source we can not obtain the relevant information, either.

 

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

 

Department

Sales department

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.56.01

UK Pound

1

Rs.87.85

Euro

1

Rs.70.54

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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.