|
Report Date : |
22.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
|
|
|
|
|
Registered Office : |
No.48, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
October, 2008 |
|
|
|
|
Com. Reg. No.: |
130900000003594 |
|
|
|
|
Legal Form : |
Limited Liabilities Company |
|
|
|
|
Line of Business : |
Sales of carton mechanical equipments |
|
|
|
|
No. of Employees : |
05 |
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 : |
Small Company |
|
Payment Behaviour : |
Slow |
|
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) |
|
|
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
|
|
|
No.48, |
|
|
061000 |
|
|
Tel : |
86 317 3074777 |
|
|
86 13903170809 |
|
Fax: |
86 317 3074666 |
|
E-mail: |
|
Currency in this report is Chinese Yuan unless otherwise stated.
Exchange Rate: 1 USD=6.31 Chinese Yuan
"--"in this report indicates "unavailable" due to insufficient information or "no comments"
Notes:
Due
to the recent government intervention of government in the AIC systems, credit
reports of Chinese companies could be impacted for a certain period. As for
Chinese company credit reports, only the basic registry information of Chinese
companies is available, shareholder and financial information couldn’t be
obtained.
|
DATE OF establishment |
October, 2008 |
|
Aic Registration No. |
130900000003594 |
|
REGISTERED LEGAL FORM |
limited liabilities
company |
|
main BUSINESS |
Sales of carton mechanical equiments |
|
SIC Code ( |
6379 wholesale of other machinery and electric products |
|
employees |
5 |
|
import and export permits |
yes |
|
business scale |
Small |
|
operation trend |
Average |
|
EXCHANGE RATE |
1 Usd=6.31CNY (MAY 22th, 2012) |
|
Name |
|
|
AIC Registration Number |
130900000003594 |
|
Registered address |
No.48, |
|
Operation address |
No.48, |
|
Date of Establishment |
October, 2008 |
|
Registry |
Administration Bureau of Industry and Commerce –
|
|
Legal Representative |
Yang Sen (杨森) |
|
Registered Legal Form |
limited liabilities
company |
Limited liabilities co.
This form of business in PR China is
defined as a legal person. Its registered capital is contributed jointly by at least
two shareholders and no more than fifty. Shareholders bear limited liability to
the extent of shareholding, and the co. is liable for its debts only to extent
of its total assets. The characteristics of this form of co. are as follows:
Upon the establishment of the co., an
investment certificate is issued to the each of shareholders.
The board of directors is comprised of
three to thirteen members.
The minimum registered capital for a
co. is listed as follows:
-manufacturing co. :
RMB 500,000.00
-trading &wholesaling co. :
RMB 500,000.00
-retailing co. : RMB 300,000.00
-consultancy & service co. :
RMB 100,000.00
Shareholders may take their capital
contributions in cash or by means of tangible assets or intangible assets such
as industrial property and non-patented technology.
Cash contributed by all shareholders
must account for at least 50% of the registered capital while contribution by
intangible assets must not exceed 20% of the registered capital.
Existing shareholders have
pre-exemption right to purchase shares of the co. offered for sale by the other
shareholders and to subscribe for the newly increased registered capital of the
co.
REGISTRATION INFO: AVAILABLE
FINANCIAL REPORTS: AVAILABLE
N/A
|
Name |
HEBEI XINGUANG CARTON MACHINERY CO. LTD |
|
Registration address |
|
|
Tel |
86 317 7751118 |
|
Fax |
86 317 7750598 |
|
Registration No. |
130923000006103 |
|
Relationship with SC |
Related company |
|
Main business |
Manufacture and sales of carton
mechanical equipments and printing equipments. |
.
|
Name |
Yang Sen |
|
Gender |
Male |
|
Title |
Legal Representative |
|
Bank name |
Bank of |
|
Account No. |
-- |
|
Tel |
86 317 2010249 |
|
Remarks |
SC’s staff Mr. Yang said the USD account of their
company was opened in the above bank. However, the bank staff refused to
disclose any account information due to the bank secrecy. |
|
Geographic Location |
No.48, |
|
Area |
150 square meters |
|
Environment and traffic |
Acceptable |
|
Property Ownership |
Rented |
After
checking with the Trademark Office of Chinese Administration Bureau of Industry
and Commerce and the State Intellectual Office, no trademarks or patents of SC
were found.
|
Main business |
Sales of carton mechanical equipments. |
|
Products and services |
SC mainly deals with export
of carton mechanical equipments and printing equipments. Its products include
corrugated paper manufacture equipments, absorption single machine, hydraulic
paper shelf, electrical paper shelf, glue spreader, computer cutting machine,
numerical control paper cutting machine, etc. |
|
Export |
100% |
|
Regions |
|
|
Major overseas clients |
Paper
mill, printing factory, etc. |
|
Payment terms |
L/C, T/T |
|
SC’s products are all exported
to overseas countries. Its clients are mainly from paper making industry and
printing industry. With short history, its sales network needs to be further
developed. |
|
|
The above information was
confirmed by SC’s employee |
|
|
Main Commodities Purchased |
Numerical control paper cutting machine and
other carton mechanical equipments. |
|
Region |
Local: 100% |
|
Number of Major Suppliers |
More than 3 |
|
Major suppliers |
HEBEI XINGUANG CARTON MACHINERY CO. LTD, etc. |
|
Main Terms of Payment |
Local: Prompt payment; on
credit |
|
SC’s products are mainly provided by HEBEI XINGUANG CARTON MACHINERY CO.
LTD. It has stable sources of goods. |
|
|
The above information was
confirmed by SC’s employee |
|
|
Name of supplier |
HEBEI XINGUANG CARTON MACHINERY
CO. LTD |
|
Main commodities and service supplied |
Carton
mechanical equipments, etc. |
|
Title of interviewee |
Office staff. |
|
Telephone of Interviewee |
86
317 7751118 |
|
Cooperation |
Confirmed |
|
Payment comment |
Prompt |
After checking with
N/A
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.68 |
|
|
1 |
Rs.86.52 |
|
Euro |
1 |
Rs.69.86 |
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 |
|
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.