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Report Date : |
11.05.2012 |
IDENTIFICATION DETAILS
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Name : |
HAANTEX CO., LTD. |
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Registered Office : |
No.80, Jili st., Beitou District, Taipei City 112 |
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Country : |
Taiwan |
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Date of Incorporation : |
07.09.2006 |
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Com. Reg. No.: |
28397328 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Sales of knitting machines, etc |
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No. of Employees : |
Over 10 employees |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
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: |
1/F., No.80, Jili st., Beitou District,
Taipei City 112, Taiwan (R.O.C.) |
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Supplied Address: |
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Telephone Number: |
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Fax Number: |
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E-mail: |
Notes:
Subject’s exact name and address are as above.
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Credit Opinion: |
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Registered Name: |
Haantex Co., Ltd. |
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Registered Address: |
No.80, Jili st., Beitou
District, Taipei City 112, Taiwan (R.O.C.) |
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Date of Foundation: |
|
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Registration Number: |
28397328 |
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Registry: |
Taipei City Government |
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Registered Capital: |
(As of 2012.5, 1 NTD = 0.03406 USD) |
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Paid-up Capital: |
NTD 8,000,000 (USD
272,475) |
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Legal Representatives: |
Hanzhe Dai |
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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
|
Name |
Subscription
Shares |
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Hanzhe Dai |
160,000 |
|
Yiling Chen |
|
|
160,000 |
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|
Chunyu Xiao |
160,000 |
|
Qiuzhen Huang |
160,000 |
The information above is that of subject’s major shareholders.
Subject did not introduce
whether it has any subsidiaries or branches, from other source we can not
obtain the relevant information, either.
Core
Management
|
1 |
|
|
Name |
Hanzhe Dai |
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Position |
Board Chairman |
|
2 |
|
|
Name |
Yiling Chen |
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Position |
Director |
|
3 |
|
|
Name |
Chunyu Xiao |
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Position |
Director |
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4 |
|
|
Name |
Qiuzhen Huang |
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Position |
Supervisor |
Personnel
Structure
|
Total Employees |
Over 10 employees |
Offices
& Factories
|
|
Headquarters |
|
Add |
1/F., No.80,
Jili st., Beitou District, Taipei City 112, Taiwan (R.O.C.) |
l
Subject is a trader of knitting machines and other
related products without any production activities.
Purchase Information
l
The registered activities of subject:
|
Business Code |
Details |
|
ZZ99999 |
Besides licensed
business, all other business items those are not banned or restricted. |
l
Subject purchases the components mainly from Taiwan
and parts of the components are imported from Japan and Germany.
l
Subject is mainly engaged in
trading of knitting machines.
l
It is introduced that Subject also deals with the
assembling of the machines.
l
Subject’s products are mainly sold to overseas
market
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Purchase
Domestic Purchase
|
Payment Terms |
Proportion |
|
|
Components |
CBD, etc |
100% |
Foreign Purchase
|
Payment Terms |
Proportion |
|
|
Components |
CBD, etc |
100% |
Sales
Domestic Markets
Subject has little domestic sales.
Export
|
Payment Terms |
Proportion |
|
|
Knitting
machines |
L/C |
100% |
Notes:
Subject’s settlement for export is generally in USD
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. Wu declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
|
Name |
Citi Bank |
|
Address |
Taiwan |
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. Chan |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.34 |
|
UK Pound |
1 |
Rs.86.11 |
|
Euro |
1 |
Rs.69.07 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.