|
Report Date : |
22.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
HONLUS TECHNOLOGY (HONGKONG) LTD. |
|
|
|
|
Registered Office : |
C/o Fu Wah Int’l Business (HK) Ltd. Unit 4, 7/F., |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
05.01.2010 |
|
|
|
|
Com. Reg. No.: |
51638319 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Importer, Exporter and Manufacturer of Optoelectronic devices, modules and sub-systems such as laser diodes [LD], photo detectors [PD], optical transceiver modules, etc. |
|
|
|
|
No. of Employees : |
Nil. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
No Operating Office In |
|
Payment Behaviour : |
Unknown |
|
Litigation : |
-- |
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 30, 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 |
HONLUS TECHNOLOGY
(HONGKONG) LTD.
ADDRESS: c/o Fu Wah Int’l Business
(HK) Ltd.
Unit 4, 7/F., Bright Way Tower, 33 Mong Kok Road, Kowloon,
Hong Kong.
PHONE: 2389 2981, 2793 5511
FAX: 3590 2333
E-MAIL: sales@honlus.com
Managing Director: Mr. Zhang Yan
Wei
Incorporated on: 5th
January, 2010.
Organization: Private
Limited Company.
Capital: Nominal: HK$10,000.00
Issued: HK$10,000.00
Business Category: Importer, Exporter and Manufacturer.
Employees: Nil.
Main Dealing Banker: The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.
Banking Relation: Satisfactory.
Registered Head Office:-
c/o Fu Wah Int’l Business (HK) Ltd.
Unit 4, 7/F., Bright Way Tower, 33 Mong Kok Road, Kowloon,
Hong Kong.
51638319
1408540
Managing Director: Mr. Zhang Yan
Wei
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of
HK$1.00 each)
Issued Share Capital: HK$10,000.00
(As per registry dated 05-01-2012)
|
Name |
|
No. of shares |
|
ZHANG Yan Wei |
|
10,000 ===== |
(As per registry dated 05-01-2012)
|
Name (Nationality) |
Address |
|
ZHANG Yan Wei |
Unit 4, 7/F., Bright Way Tower, 33 Mong Kok Road, Kowloon, Hong Kong. |
(As per registry dated 05-01-2012)
|
Name |
Address |
Co. No. |
|
Fu Wah Int’l Business (HK) Ltd. |
Unit 4, 7/F., Bright Way Tower, 33 Mong Kok Road, Kowloon, Hong Kong. |
1205540 |
The subject was incorporated on 5th January, 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.
Activities: Importer,
Exporter and Manufacturer.
Lines: Optoelectronic
devices, modules and sub-systems such as laser diodes [LD], photo detectors
[PD], optical transceiver modules, etc.
Employees: Nil.
Raw Materials: Imported from China, etc.
Markets: China,
Japan, other Asian countries, etc.
Terms/Sales: As per contracted.
Terms/Buying: L/C,
T/T, etc.
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: Keeping a balance account in Hong Kong.
Condition: Business
is not active in Hong Kong.
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.
Having issued 10,000 ordinary shares of HK$1.00 each, Honlus Technology
(Hongkong) Ltd. is wholly owned by Mr. Zhang Yan Wei who is a China
merchant. He is a China ID holder and
does not have the right to reside in Hong Kong permanently. He is also the only director of the subject.
The subject does not have its own operating office. Its registered office is in a commercial
service firm located at Unit 4, 7/F., Bright Way Tower, 33 Mong Kok Road,
Kowloon, Hong Kong known as Fu Wah Int’l Business (HK) Ltd. which is handling
its correspondences and documents. This
firm is also the corporate secretary of the subject.
The subject has no employees in Hong Kong.
The subject has had an associated factory in China known as Honlus. The China factory is engaged in manufacturing
a wide variety of optoelectronic devices, modules and sub-systems such as laser
diodes [LD], photo detectors [PD], optical transceiver modules, etc. which find
broad applications in the optical communications industries. It was reported that the initial investment
and technical team primarily had come from the United States.
Currently, Honlus has set up a Class 100 clean room of 100 sq.m. for
wafer fab, a Class 1,000 clean room of 2,000 sq.m. for device packaging and a
Class 10,000 clean room of 10,000 sq.m. for module assembly. The total area of three manufacturing
facilities exceeds 30,000 sq.m.. In
addition, a multi-purpose office building of 10,000 sq.m. hosts the
administration, operations, engineering and R&D departments of Honlus.
Honlus provides a wide variety of optical transceiver modules, include
the most basically 1x9 transceivers, Bi-directional 1x9 and SFP transceivers,
every kinds of bit rate SDH/SONET, Ethernet SFPs, and also high speed
transceivers, like 850nm SFP+, 1310nm 10km SFP+, 10km to 80km XFPs, CWDM, DWDM
SFPs, etc. According to Honlus, all
these products are sold to customers with competitive price.
The exact location of Honlus is unknown.
It seems to be in Wuhan City, Hubei Province, China.
Honlus’ products are marketed in China, exported to Japan and other
Asian countries.
We can reach nobody as per your given phone number 86-15071177460 as
nobody answers our calls. This is a
China mobile phone line.
The history of the subject in Hong Kong is just over two years and two
months.
Since the subject does not have its own operating office and has no
employees in Hong Kong, consider it good for business engagements on L/C basis.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.59 |
|
|
1 |
Rs.80.34 |
|
Euro |
1 |
Rs.67.14 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.