MIRA INFORM REPORT

 

 

Report Date :           

03.03.2012

 

IDENTIFICATION DETAILS

 

Name :

SUN YUAN ENVIRONMENTAL ENTERPRISE CO. LTD

 

 

Registered Office :

292-9 Liufu Rd. Luzhu Township Taoyuan County 338

 

 

Country :

Taiwan

 

 

Date of Incorporation :

31.08.2011

 

 

Com. Reg. No.:

53517315

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Business of waste materials, etc.

 

 

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

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:

Sun Yuan Environmental Enterprise Co. Ltd

Supplied Name:

Sun Yuan Environmental Enterprise Co. Ltd

Trading Address:

292-9 Liufu Rd. Luzhu Township Taoyuan County 338 Taiwan

Supplied Address:

292-9 Liufu Rd. Luzhu Township Taoyuan County 338 Taiwan

Telephone Number:

+886-33211323

Fax Number:

+886-33210197

 

 

Company Identification Details

 

Registered Name:

Sun Yuan Environmental Enterprise Co. Ltd

Registered Address:

292-9 Liufu Rd. Luzhu Township Taoyuan County 338 Taiwan

Date of Foundation:

2011-8-31

Registration Number:

53517315

Registry:

Ministry of Economic Affairs Central Office

Registered Capital:

NTD 1,000,000.00 (USD 33,000.00)

(As of 2012.3, 1 NTD = 0.033 USD)

Paid-up Capital:

NTD 1,000,000.00 (USD 33,000.00)

Legal Representatives:

Shumin Hu

Legal Form:

Private Limited Liability Company

Principal Activities:

Business of waste materials, etc.

Staff:

N/A

Listed at Stock Exchange:

No

Notes:

Subject declined to introduce its staff number.

 

 


History

 

Subject was incorporated on 2011-8-31 with registered number 53517315 as Private Limited Liability Company in Taiwan.

 

 

Shareholders

(Unit: NTD)

Name

Subscription Amount

Shumin Hu

100,000

 

 

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

 

 

Subsidiaries & Branches

 

Subject did not register any subsidiaries or branches, from other source we can not obtain the relevant information, either.

 

 

Personnel Information

 

Core Management

Directors

Name

Shumin Hu

Position

Director

 

Operation Information

 

Offices & Factories

 

Headquarters

Add

292-9 Liufu Rd. Luzhu Township Taoyuan County 338 Taiwan

 

Production Information

l         Subject is a trader of waste materials, etc. without any production activities

 

Purchase Information

l         The registered activities of subject:

Business Code

Details

J101080

Resource recycling industry

F199010 

Wholesaling of Recyclable materials

F106010

Wholesaling of Hardware

F113010

Wholesaling of machinery

F113100

Wholesale industry of Pollution control equipment

F115010

Wholesaling of Jewelry and precious metals

F199990 

Other Wholesales

F401010

International trade

I102010

Investment Advisory

I103060

Management Consultancy Services

J101010

Building sanitary services

J101020

Pest control industry

J101030

Waste Collection

J101040

Waste Treatment and Disposal

J101050

Environmental testing services industry

J101060

Waste (Sewage) Treatment

J101090

Waste Disposal Industry

J101990

Environmental Health and Pollution Controlling Services

J101070

Radioactive waste processing services industry

CA01990

Other non-ferrous metal basic industries

CA05010

Powder Metallurgy Industry

CA02080

Metal forging industry

CA02990

Other metal products manufacturing

CG01010 

Jewelry and precious metal products manufacturing

CZ99990

Other Industrial Products Manufacturing

ZZ99999

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

 

l         Subject purchases pollution control equipment, etc from both domestic and foreign markets.

l         The subject has a proportion of 50% for Import

 

Sales Information

l         The subject is mainly engaged in waste and recyclable materials, etc.

l         Subject also supplies sewage treatment works, sewage planning design and construction, etc.

l         Subject has both domestic and foreign markets.

l         Subject supplies service to Korea, Japan, etc.

l         The subject has a proportion of 50% for export.

 

Import and export right:

Import right

Yes

Export right

Yes

 

 

Settlements

 

Purchase

Domestic Purchase

Product

Payment Terms

Proportion

Waste materials, etc.

COD, CBD, etc.

100%

 

Foreign Purchase

Product

Payment Terms

Proportion

Waste materials, etc.

CBD, etc.

100%

 

Sales

Domestic Markets

Product

Sales Terms

Proportion

Waste (Sewage) Treatment, etc.

CBD, etc.

100%

 

Export

Product

Sales Terms

Proportion

Waste (Sewage) Treatment, 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’s relevant staff Mr. Lin declined to disclose its financials citing the grounds of company’s confidentiality; 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

 

Name

Mr. Lin

E-mail

klin519@ms18.hinet.net 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.35

UK Pound

1

Rs.78.68

Euro

1

Rs.65.63

 

 

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.