MIRA
INFORM REPORT
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Report Date : |
28.06.2012 |
IDENTIFICATION DETAILS
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Name : |
JINGHAO ENTERPRISE SHARES CO., LIMITED |
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Registered Office : |
No. 1004, Building 2,
Gutangao Industrial Area, Huicheng District, |
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Country : |
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Date of Incorporation : |
--- |
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Com. Reg. No.: |
--- |
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Legal Form : |
--- |
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Line of Business : |
--- |
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No. of Employees : |
--- |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 |
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Status : |
Registered in |
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Payment Behaviour : |
Unknown |
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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
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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China |
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 |
Company name & address
JINGHAO ENTERPRISE SHARES CO., LIMITED
NO. 1004, BUILDING 2, GUTANGAO
INDUSTRIAL AREA, HUICHENG DISTRICT
HUIZHOU, GUANGDONG PROVINCE
516001 PR CHINA
FAX: 86 (0) 752-2299287
NARRATIVE
REPORT
This refers to a type of report whose format is different from that of a
standard report. Such type of report is provided when:
l
Information obtained is insufficient for compiling
a standard report.
l
The enquired co has been out of business or its
business address has been untraceable.
It should be noted that the time and manpower spent on preparing such
type of report might be greater than those on a standard report. On many
occasions, the information in this type of report still indicates the current
status of the enquired co. and serves as a useful reference to assess its
credit standing.
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Adopted abbreviations (as follows)
SC - Subject Company
(the company inquired by you)
N/A – Not available
CNY – China Yuan Ren
Min Bi
CHECK
ON SC’S REGISTERED TELEPHONE LINE
²
According
to the given name, we found the following contact ways,
Tel: 86 (0)
752-2299187
Fax: 86 (0)
752-2299287
When we dialed the above telephone number, a lady answered the phone.
She admitted the given English name, and told us SC is registered in Hong Kong,
and its Chinese name in translation is “锦好企业股份有限公司”, SC mainly
operates in Huizhou, Guangdong Province PR China.
²
The lady
introduced the below information,
A.
SC is mainly engaged in exporting electronic
products.
B.
The products mainly include:
Hearing
aid BTE
Rechargeable
HA
Pocket
Modle HA
Nebulizer
B.P.Monitor
Digital
Themometer
C.
SC sources its materials 100% from domestic market,
mainly Guangdong. SC sells 100% to overseas market, mainly Europe, North
America, and the Middle East.
D.
SC’s website is www.jinhaoenterprise.com
E.
SC’s other contact ways,
MSN
Messenger ID: jhhearing@live.cn
Yahoo
Messenger ID: jinghao.shine
Skype:
zoe4866
Email:
sales@jinhaoenterprise.com
SPOT
VISIT
No. 1004,
Building 2, Gutangao Industrial Area, Huicheng District, Huizhou, Guangdong
Province
According to the lady, SC locates in the heading address at present.
REGISTRATION
According to the Chinese name the lady released, a research was conducted with Huizhou municipal and Guangdong Provincial Administration of Industry & Commerce (the official body of issuing and renewing business license), but no record of SC was found.
During our check with Hong Kong Registry, we found the following registration about SC,
Company Name:
Jinghao Enterprise Shares Co., Limited
Company
File No.: 1033291
Date of
Registration: March 24, 2006
Legal
Form: Private
Status: Live
CONCLUSIONS
SC is considered small-sized in its line with 6 years business history.
Credit dealings with SC should be confined into small amount at present.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.57.22 |
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UK Pound |
1 |
Rs.89.42 |
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Euro |
1 |
Rs.71.46 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.