MIRA INFORM REPORT

 

 

Report Date :           

17.03.2012

 

IDENTIFICATION DETAILS

 

Name :

HK  QUANJIE  INTERNATIONAL  LOGISTICS  LTD

 

 

Registered Office :

c/o Phoenix C.P.A. Co. Ltd., Room 2301-2303, 23/F., Wayson Commercial Building, 28 Connaught Road West, Sheung Wan

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

15.11.2010

 

 

Com. Reg. No.:

53287053

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

subject is a forwarding agent providing clients with air-freight and sea-freight services

 

 

No. of Employees :

10

 

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 :

Small Company

 

 

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Hong Kong

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name

 

HK  QUANJIE  INTERNATIONAL  LOGISTICS  LTD.

 

 

Company ADDRESS

 

Room 13, 8/F., Po Hong Centre, 2 Wang Tung Street, Kowloon Bay, Kowloon, Hong Kong.

PHONE:            2132 6452

FAX:                 3107 1211

 

 

MANAGEMENT

 

Managing Director:  Mr. Ou Yang Su Ping

 

 

SUMMARY

 

Incorporated on:             15th November, 2010.

                                       

Organization:                 Private Limited Company.

 

Capital:                         Nominal:           HK$10,000.00

Issued:              HK$10,000.00

 

Business Category:        Forwarding agent, etc.

 

Employees:                   10.

 

Main Dealing Banker:     The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.

 

Banking Relation:           Satisfactory.

Company ADDRESS

 

Registered Office:-

c/o Phoenix C.P.A. Co. Ltd.

Room 2301-2303, 23/F., Wayson Commercial Building, 28 Connaught Road West, Sheung Wan, Hong Kong.

 

Head Office:-

Room 13, 8/F., Po Hong Centre, 2 Wang Tung Street, Kowloon Bay, Kowloon, Hong Kong.

 

Associated Company:-

Guangzhou Quanjie Import & Export Co. Ltd.

 

Head Office:

8-9 Huayuan East Road, Sanyuan Lane, Baiyuan District, Guangzhou City, Guangdong Province, China.

[Tel: 86-20-8655 3553;  Fax: 86-20-8655 3017]

 

Shenzhen Office:

Room 1219, Fude Building, Hantian Third District, Fuyong Jiedao, Bao’an District, Shanzhen Special Economic Zone, China.

[Tel: 86-755-8146 6450, 8145 7652]

 

Dongguan Office:

20-C Yanshan Road, Yuanwubian, Nancheng District, Dongguan City, Guangdong Province, China.

[Tel: 86-769-8905 6188, 3320 9568]

 

 

BUSINESS REGISTRATION NUMBER

 

53287053

 

 

COMPANY FILE NUMBER

 

1528169

 

 

MANAGEMENT

 

Managing Director:                     Mr. Ou Yang Su Ping

Contact Person:                         Mr. Ku Hui

 

CAPITAL

 

Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)

 

Issued Share Capital:     HK$10,000.00

 

 

SHAREHOLDER

(As per registry dated 15-11-2011)

 

Name

 

No. of shares

OU YANG Su Ping

 

10,000

=====

 

 

DIRECTOR

(As per registry dated 15-11-2011)

 

Name

(Nationality)

 

Address

OU YANG Su Ping

Room 2301-2303, 23/F., Wayson Commercial Building, 28 Connaught Road West, Sheung Wan, Hong Kong.

 

SECRETARY

(As per registry dated 15-11-2011)

 

Name

Address

Co. No.

Xinlida Industries Group Ltd.

Room 2301-2303, 23/F., Wayson Commercial Building, 28 Connaught Road West, Sheung Wan, Hong Kong.

0908493

 

 

HISTORY

 

The subject was incorporated on 15th November, 2010 as a private limited liability company under the Hong Kong Companies Ordinance.

Apart from these, neither material change nor amendment has been ever traced and noted.

 

OPERATIONS

 

Activities & Lines:          Forwarding agent, etc.

 

Employees:                   10.

 

Business Territories:      Hong Kong, China, etc.

 

Terms/Services:             As per contracted.

 

 

FINANCIAL INFORMATION

 

Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)

 

Issued Share Capital:     HK$10,000.00

 

Profit or Loss:                Too early to offer an opinion.

           

Condition:                      Business is under development.

 

Facilities:                      Making fairly active use of general banking facilities.

 

Payment:                      Met trade commitments as required.

 

Commercial Morality:     Satisfactory.

 

Banker:                         The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.

 

Standing:                      Small.

 

 

GENERAL

 

HK Quanjie International Logistics Ltd. is wholly-owned by Mr. Ou Yang Su Ping who is a China merchant.  He is a China passport holder and does not have the right to reside in Hong Kong permanently.  He is also the only director of the subject.

The subject is a forwarding agent providing clients with air-freight and sea-freight services.  It has had its own warehouse covering an area of about 4,200 sq.m.

The subject is an associated company of Guangzhou Quanjie Import & Export Co. Ltd. [Quanjie] which is a China-based firm.  Besides the subject, Quanjie has set up offices in Humen, Changping of Dongguan City, Airport of Shenzhen SEZ.  The subject is engaged in the following business scope:-

·         Courier between Hong Kong and China

·         Air-Freight and Sea-Freight

·         Goods exporting for clients in Hong Kong and China

·         Acting as agent for DHL, UPS, FEDEX and EMS, etc.

·         Special delivery for South Korea, Japan, Taiwan, etc.

According to Quanjie, it has been exporting the following commodities: electronic products, foodstuffs, port, healthcare products, cosmetics, dairy products, raw materials, moulds, electric household appliances, garments, DVDs, etc.

The subject is engaged in the same lines of business as Quanjie.  Its business is chiefly handled by Mr. Ou Yang Su Ping himself.  History in Hong Kong is over a year and four months.

On the whole, since the history of the subject is short, consider it good for normal business engagements on secured basis.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.50.31

UK Pound

1

Rs.79.04

Euro

1

Rs.65.82

 

 

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.