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Report Date : |
04.05.2012 |
IDENTIFICATION DETAILS
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Name : |
JIAN-SUN MACHINERY CO., LTD. |
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Registered Office : |
No.34, |
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Country : |
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Date of Incorporation : |
22.06.1992 |
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Com. Reg. No.: |
86764716 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and trade of tire mold |
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No. of Employees : |
About 20 Employees |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Taiwan |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 |
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Company Name: |
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Supplied Name: |
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Trading Address: |
No.647, Sec.3, Yuanchi Rd., Chaio Tou
Village, Shetou Hsiang, Chang Hua, Taiwan, R.O.C |
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Supplied Address: |
No.647, Sec 3, Yuan-Ji Rd., Chaur- Tou,
Village, Sir-Tou Shiang Changhua, Taiwan |
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Telephone Number: |
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Fax Number: |
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E-mail: |
Notes:
The exact name and address are as above.
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Credit Opinion: |
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Registered Name: |
Jian-Sun Machinery Co.,
Ltd. |
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Registered Address: |
No.34, Hezuo St., Yuanlin
Township, Changhua County 510, Taiwan (R.O.C.) |
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Date of Foundation: |
|
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Registration Number: |
86764716 |
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Registry: |
MOEA Central Office |
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Registered Capital: |
(As of 2012.5, 1 NTD = 0.03424 USD) |
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Paid-up Capital: |
NTD 5,000,000 (USD
171,185) |
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Legal Representatives: |
Jinhua Li |
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Legal Form: |
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Principal Activities: |
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Staff: |
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Listed at Stock Exchange: |
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Date of Last Annual Return: |
Subject was incorporated on
Change of Name
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Former Chinese Name |
建上機械股份有限公司 |
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Current Chinese Name |
政昌機械股份有限公司 |
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Former English Name |
Jian Shang Mechanical Co., Ltd. |
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Current English Name |
Jian-Sun Machinery Co.,
Ltd. |
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Subscription
Shares |
|
|
Jinhua Li |
140,000 |
|
Pingxiong Huang |
|
|
160,000 |
|
|
Wen Huang |
5,000 |
|
Zhangli Huang |
5,000 |
The information
above is that of subject’s major shareholders.
Core
Management
Directors
|
1 |
|
|
Name |
Jinhua Li |
|
Position |
Board of Chairman |
|
2 |
|
|
Name |
Pingxiong Huang |
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Position |
Director |
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3 |
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Name |
Wen Huang |
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Position |
Director |
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4 |
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Name |
Zhangli Huang |
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Position |
Supervisor |
Personnel
Structure
|
Total Employees |
About 20 Employees |
Offices
& Factories
|
|
Headquarters |
|
Add |
No.647, Sec.3,
Yuanchi Rd., Chaio Tou Village, Shetou Hsiang, Chang Hua, Taiwan, R.O.C |
Production
Information
l
Subject is a manufacturer of tire mold with the production
activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
CQ01010 |
Manufacture of
mold |
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CB01010 |
Manufacture of
machinery |
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F106030 |
Wholesale of
mold |
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F113010 |
Wholesale of
machinery |
|
F401010 |
International
trade |
|
ZZ99999 |
Besides licensed
business, all other business items those are not banned or restricted. |
l
The components and raw material for production are
purchased from local and abroad.
l
Subject is mainly engaged in manufacturing and
trading of tire mold and the related products.
l
Subject introduced that its major products sold as
following:
|
|
Product |
|
1 |
PCR Tire Molds |
|
2 |
Truck/Lorry Tire
Molds |
|
3 |
Agricultural /
Industrial / Forklift Tire Molds |
|
4 |
ATV Tire Mold |
|
5 |
Motorcycle/Scooter Tire Molds |
|
6 |
Motocross Tire
Molds |
|
7 |
Bicycle Tire
Molds |
|
8 |
Inner Tube Molds |
|
9 |
Others |
l
Subject’s selling territory covers all over the
world.
Import and export
right:
|
Import right |
Yes |
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Export right |
Yes |
Subject declined to disclose the settlements information, and from other
sources, we couldn’t obtain the information, either.
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 Ms. Lin declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
The bankers’ information is not available from the subject or other
sources.
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.
|
Name |
Ms. Lin |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.23 |
|
|
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 |
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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 |
|
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.