MIRA INFORM REPORT

 

 

Report Date :

04.05.2012

 

IDENTIFICATION DETAILS

 

Name :

ANT  INTERNATIONAL  (HONG  KONG)  LTD.

 

 

Registered Office :

C/o Winson Electronics Co. Ltd.

Unit A, 13/F., Harbour View Tower, 101 Wai Yip Street, Kwun Tong, Kowloon

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

17.03.2003

 

 

Com. Reg. No.:

33443372

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Importer and Exporter of all kinds of electronics consumer products, etc.

 

 

No. of Employees :

Not Available

 

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 :

Moderate

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

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 and address

 

ANT  INTERNATIONAL  (HONG  KONG)  LTD.

 

ADDRESS:       c/o Winson Electronics Co. Ltd.

Unit A, 13/F., Harbour View Tower, 101 Wai Yip Street, Kwun Tong, Kowloon, Hong Kong.

 

PHONE:            2345 0802

 

FAX:                 2345 8028

 

 

MANAGEMENT

 

Managing Director:  Mr. Wang Wei Zhong, Robert

 

 

SUMMARY

 

Incorporated on:             17th March, 2003.

 

Organization:                 Private Limited Company.

 

Capital:                         Nominal:           HK$10,000.00

Issued:              HK$10,000.00

 

Business Category:        Electronic product trader.

 

Employees:                   Nil.

 

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

 

Banking Relation:           Satisfactory.


ADDRESS

 

Registered Office:-

c/o HKRTP Ltd.

MSH2100, Room 1007, 10/F., Ho King Center, 2-16 Fa Yuen Street, Mongkok, Kowloon, Hong Kong.

 

Head Office:-

c/o Winson Electronics Co. Ltd.

Unit A, 13/F., Harbour View Tower, 101 Wai Yip Street, Kwun Tong, Kowloon, Hong Kong.

 

Affiliated Companies:-

Jin Xie Ke Electronic Technology Co. Ltd., China.

Winson Electronics Co. Ltd., Hong Kong.

 

 

BUSINESS REGISTRATION NUMBER

 

33443372

 

 

COMPANY FILE NUMBER

 

0838623

 

 

MANAGEMENT

 

Managing Director:  Mr. Wang Wei Zhong, Robert

 

 

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

 

 

SHAREHOLDERS

(As per registry dated 17-03-2012)

 

Name

 

No. of shares

WANG Wei Zhong

 

8,000

BAO Ying

 

2,000

 

 

––––––

 

Total:

10,000

=====

 

 

DIRECTORS

(As per registry dated 17-03-2012)

 

Name

(Nationality)

 

Address

BAO Ying

A2304, 3064 Zhongshan North Road, Shanghai, China.

 

WANG Wei Zhong

A2304, 3064 Zhongshan North Road, Shanghai, China.

 

 

SECRETARY

(As per registry dated 17-03-2012)

 

Name

Address

Co. No.

HKRTP Ltd.

Room 1007, 10/F., Ho King Court, 2-16 Fa Yuen Street, Mong Kok, Hong Kong.

0663489

 

 

HISTORY

 

The subject was incorporated on 17th March, 2003 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:                      Importer and Exporter..

 

Lines:                           All kinds of electronics consumer products, etc.

 

Employees:                   Nil.

 

Commodities Imported:   China, other Asian countries, etc.

 

Markets:                       Australia, Japan, South Korea, Middle East, North America, Other Asian Countries, Western Europe, etc.

 

Terms/Sales:                 L/C or as per contracted.

 

Terms/Buying:               L/C, T/T, D/P, etc.

 

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:                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.

 

 

GENERAL

 

Having issued 10,000 ordinary shares of HK$1.00 each, Ant International (Hongkong) Ltd. is jointly owned by Mr. Wang Wei Zhong, holding 80% interests, and Ms. Bao Ying, holding 20%.  Being China merchants, Wang and Bao are also directors of the subject.  They are China passport holders and do not have the right to reside in Hong Kong permanently.  Seemed to be a couple, Wang and Bao are residing in Shanghai, China.

The subject does not have its own operating office.  Its registered office is in its affiliated company located at Unit A, 13/F., Harbour View Tower, 101 Wai Yip Street, Kwun Tong, Kowloon, Hong Kong known as Winson Electronics Co. Ltd. [Winson] which is handling its correspondences and documents.  Winson is trading in PC peripherals, consumer products, test-bench apparatus, intelligent lighting products, calculators, etc.

The subject’s registered address is in a commercial service firm located at MSH2100, Room 1007, 10/F., Ho King Court, 2-16 Fa Yuen Street, Mongkok, Kowloon, Hong Kong known as HKRTP Ltd.  This firm is also the corporate secretary of the subject. The subject has no employees in Hong Kong.

The subject has had an associated company Jin Xie Ke Electronic Technology Co. Ltd. [JXK] which is a China-based firm.  The subject is trading in JXK’s products.

JXK is a design house specialized in electronics products development, investment from Hong Kong, established in 1996.  Its management team includes a number of Hong Kong experienced sales representatives and engineers.

JXK’s business is to provide clients with complete project design solution for electronics consumer products, scientific calculators and PC peripheral products, etc.  It is also the authorized distributor of some major Taiwan and overseas MCUs and peripheral IC and power devices, such as SRAM, RF receiver and SCR/TRIAC.

The followings are some of the major products of JXK:-

·         iPOD Docking Centre

·         Skype Headset

·         FM/RF Sound Transmitter System

·         New Scientific Calculator

·         Touch Panel Switches

·         GSM Alarm

The subject exports these products to worldwide countries.  Business is just fairly active.

The subject’s business in Hong Kong is not active.  History in Hong Kong is over nine years and a month.

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.53.23

UK Pound

1

Rs.86.14

Euro

1

Rs.69.98

 

 

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%)

 

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.