MIRA INFORM REPORT

 

 

Report Date :

17.05.2012

 

IDENTIFICATION DETAILS

 

Name :

SCH POWER TECH CO., LTD.

 

 

Registered Office :

No.11, Lane 596, Sec. 2, Jiansing Rd., Sinfong Township, Hsinchu County 304,

 

 

Country :

Taiwan

 

 

Date of Incorporation :

06.05.1996

 

 

Com. Reg. No.:

96997405

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Manufacture and sales of electronic components, etc

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

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 – 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

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Contact Points

 

Company Name:

SCH Power Tech Co., Ltd.

Supplied Name:

SCH Power Tech Co Ltd.

Trading Address:

No.11, Lane 596, Sec. 2, Jiansing Rd., Sinfong Township, Hsinchu County 304, Taiwan (R.O.C.)

Supplied Address:

11, Lane 596, Chien Hsing Rd, Section 2, Hsinfeng Hsiang Hsinchu Hsien 304 Taiwan

Telephone Number:

+886-3-5590988

Fax Number:

+886-3-5592220

E-mail:

george_chen@mail.sch.com.tw

Notes: Subject’s exact name and address are as above.

 

Credit Summary

 

Credit Opinion:

Business connections are permissible.

 

 

Company Identification Details

 

Registered Name:

SCH Power Tech Co., Ltd.

Registered Address:

No.11, Lane 596, Sec. 2, Jiansing Rd., Sinfong Township, Hsinchu County 304, Taiwan (R.O.C.)

Date of Foundation:

1996-5-6

Registration Number:

96997405

Registry:

MOEA Central Office

Registered Capital:

NTD 25,000,000 (USD 845,000)

(As of 2012.05, 1 NTD = 0.0338 USD)

Paid-up Capital:

NTD 25,000,000 (USD 845,000)

Legal Representatives:

Genghua Xu

Legal Form:

Joint Stock Company

Principal Activities:

Manufacture and sales of electronic components, etc

Staff:

N/A

Listed at Stock Exchange:

No

Date of Last Annual Return:

2012-4-5

Notes: Subject did not introduce its staff number; from other source we can not obtain the relevant information, either.

 

History

Subject was incorporated on 1996-5-6 with registered number 96997405 as Joint Stock Company in Taiwan.

 

Former English Name

Shang Yuan Machinery Co., Ltd.

Current English Name

SCH Power Tech Co., Ltd.

 

Shareholders

 

Name

Subscription Shares

Genghua Xu

500,000

 

Yunhua Xu

 

355,000

 

Xiuhua Xu

500,000

The information above is that of subject’s major shareholders.

 

Subsidiaries & Branches

 

Subject did not introduce whether it has any subsidiaries or branches, from other source we can not obtain the relevant information, either.

 

Personnel Information

Core Management

 

Directors

1

Name

Genghua Xu

Position

Board Chairman

2

Name

Yunhua Xu

Position

Director

3

Name

Xiuhua Xu

Position

Director

4

Name

Qingzhu Que

Position

Supervisor

 

Operation Information

Offices & Factories

 

 

Headquarters

Add

No.11, Lane 596, Sec. 2, Jiansing Rd., Sinfong Township, Hsinchu County 304, Taiwan (R.O.C.)

Production Information

 

l         Subject is manufacturer of electronic components.

l         Subject has obtained the certification of ISO9001:1994 and ISO9001:2008

 

Purchase Information

l         The registered activities of subject:

Business Code

Details

C805990

Manufacture of other plastic products

CA02030

Manufacture of screw, nut and rivet

CA02050

Manufacture of valves

CA02990

Manufacture of other metal products

CB01010 

Manufacture of mechanical equipment

CB01990 

Manufacture of other machinery

CC01080 

Manufacture of electronic components

CE01010 

Manufacture of general instruments

CE01990 

Manufacture of other Optical and precision instruments

F106010 

Wholesales of hardware

F113010 

Wholesales of machinery

F113030 

Wholesales of precise instrument

F119010 

Wholesales o electronic materials

F206010 

Retails of hardware

F213080 

Retails of mechanical appliance

F219010 

Retails of electronic materials

F401010 

International trading business

ZZ99999 

Besides licensed business, all other business items those are not banned or restricted.

 

l         Subject purchases both at home and abroad

l         Subject is the agent for DuPont Vespel Polyimide, KAYDON Bearing, etc

Sales Information

 

l         The subject is mainly engaged in sales of Engineering plastic parts, etc

l         Subject also supplies DuPont Vespel Polyimide, KAYDON Bearing, etc

l         Subject’s products are both sold in domestic and overseas market and it exports to Europe, America, Japan and Singapore, etc

Major products sold

DuPont Vespel

--

KAYDON BEARING

--

Semiconductor Applied

Processing & Handling:

Wafer clamping ,Insulator

Screws & Fasteners

Clamping Finger

Bearing ,Centering Pins, Alignment Pins

Vacuum Pads

Wafer Guide

Vacuum Pickup Strips and Tips

Wafer Carriers

Full PPS Retainer Ring

CLAMPING RING

IC Testing and Handling:

Test Socket & Probe Card

Die-Pickup Collect

Test sites and Holders

Opto-Electronics

Push Pin

Oven Pad

Second Push Pin

Pvd Process

 

Import and export right:

Import right

Yes

Export right

Yes

 

 

Settlements

Purchase

 

Domestic Purchase

Product

Payment Terms

Proportion

Raw materials and components, etc

CBD, COD, etc

100%

 

 

Foreign Purchase

Product

Payment Terms

Proportion

Raw materials and components, etc

CBD, etc

100%

 

Sales

 

Domestic Markets

Product

Sales Terms

Proportion

Electronic components, etc

CBD, etc

100%

 

Export

Product

Sales Terms

Proportion

Electronic components, etc

CBD, etc

100%

 

 

Financial Information

 

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 declined to disclose its financials citing the grounds of company’s confidentiality; from other source we can not obtain the relevant information, either.

 

Bankers

 

Subject declined to disclose its bank details; from other source we can not obtain the relevant information, either.

 


Public Record

 

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.

 

 

Interview Details

 

Department

Sales department

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.29

UK Pound

1

Rs.86.61

Euro

1

Rs.68.87

 

 

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%)

 

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.