MIRA
INFORM REPORT
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Report Date : |
17.08.2012 |
IDENTIFICATION DETAILS
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Name : |
ADTECH (SHENZHEN) TECHNOLOGY CO., LTD. |
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Registered Office : |
5/F, 27-29th Building, Tianxia Ic Industrial
Park, Majialong, Yiyuan Road, Nanshan District, Shenzhen City, Guangdong
Province, 518006 Pr |
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Country : |
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Date of Incorporation : |
13.08.2002 |
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Com. Reg. No.: |
440301102965383 |
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Legal Form : |
Shares Limited Company |
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Line of Business : |
researching, developing, manufacturing and selling motion control
system |
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No. of Employees : |
800 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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) |
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A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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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 |
Company name & address
ADTECH (SHENZHEN) TECHNOLOGY Co., Ltd.
5/f, 27-29th
Building, Tianxia IC Industrial Park, Majialong, Yiyuan road, Nanshan District,
Shenzhen City, Guangdong PROVINCE, 518006 PR CHINA
TEL: 86 (0)
755-26099116/26722719 FAX: 86 (0)
755-26722718
EXECUTIVE SUMMARY
INCORPORATION DATE : AUG. 13, 2002
REGISTRATION NO. : 440301102965383
REGISTERED LEGAL FORM :
SHARES LIMITED CO.
STAFF STRENGTH : 800
REGISTERED CAPITAL : cny 60,000,000
BUSINESS LINE : R&D, ManufacturE
TURNOVER : N/A
EQUITIES : N/A
PAYMENT : AVERAGE
MARKET CONDITION : AVERAGE
FINANCIAL CONDITION : N/A
OPERATIONAL TREND : FAIRLY STEADY
GENERAL REPUTATION : AVERAGE
EXCHANGE RATE : CNY 6.36 = USD 1
Adopted abbreviations:
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
CNY -
%20TECHNOLOGY%20CO%20,%20LTD%20%20-%20190426%2017-Aug-2012_files/image012.gif){kind=small}
SC was registered as a limited liabilities co. at local Administration for Industry & Commerce (AIC - The official body of issuing and renewing business license) on Aug. 13, 2002, and has been under present legal form since Jul., 2011.
Company Status: Shares limited co. This form of business in PR
China is defined as a legal person. Its registered capital is divided into
shares of equal par value and the co. raises capital by issuing share
certificates by promotion or by public offer. Shareholders bear limited
liability to the extent of shareholding, and the co. is liable for its
debts only to the extent of its total assets. The co has independent
property of legal person and enjoys property rights of legal person. The characteristics of the shares limited co. are as
follows: The establishment of the co.
requires at least two promoters and no more than 200, half of whom shall be domiciled
in The minimum registered capital
of a co. is CNY The board of directors must
consist of five to nineteen directors. If the co. raises capital by public
offer, the promoters must not subscribe less than 35% of the total shares.
the promoters’ shares are restricted to transfer- within one year of the
offer. A
state-owned enterprise that is restructured
into a shares limited co. must comply with the conditions &
requirements specified under the law & administrative rule.
SC’s registered business scope includes technology development and sales of
motion control, CNC system,
servo
system, automation software, automation equipment, robotics and other
automation and control products, (excluding restricted items and the franchise,
the control and monopoly of goods); import and export business ( excluding
those prohibited by the legal, administrative regulations and State Council,
with permit if needed).
SC is mainly
engaged in researching, developing, manufacturing and selling motion control
system.
Mr.
Zeng Yi has been the legal representative, chairman and general manager of SC since 2002.
SC is
known to have approx. 800 employees at present.
SC is currently operating at the above stated address, and
this address houses its operating office in the industrial park of Shenzhen. Detailed information of the premise is
unspecified.
SC’s factory is located in
Tianyi Demonstration District, Xiangtan, Hunan
%20TECHNOLOGY%20CO%20,%20LTD%20%20-%20190426%2017-Aug-2012_files/image013.gif){kind=small}
http://www.adtechcn.com/ The
design is professional and the content is well organized. At present it is in
Chinese, English and Russian versions, etc.
E-mail: export@machine-controller.com
%20TECHNOLOGY%20CO%20,%20LTD%20%20-%20190426%2017-Aug-2012_files/image014.gif){kind=small}
Changes of its
registered information are as follows:
|
Date of change |
Item |
Before the change |
After the change |
|
2007-11-2 |
Registration No. |
4403012094685 |
Present one |
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Registered Capital |
CNY 2,000,000 |
CNY 5,000,000 |
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Shareholdings |
Zeng Yi曾逸 20% Qian Zuozhong 10% Zhang Weiju 70% |
Zhang Weiju 28% Qian Zuozhong 10% Zeng Yi 62% |
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Registered Capital |
CNY 5,000,000 |
CNY 8,000,000 |
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Registered Capital |
CNY 8,000,000 |
CNY 15,000,000 |
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Shareholders &
Shareholdings |
Zhang Weiju 28% Qian Zuozhong 10% Zeng Yi 62% |
Shenzhen
Zhongzhixing Investment & Development Co., Ltd. (literal translation)
16.67% Zhang Weiju 14.93% Luo Tong 4.00% Zeng Yi 59.07% Qian Zuozhong 5.33% |
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Registered Capital |
CNY 15,000,000 |
CNY 17,242,000 |
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Shareholders &
Shareholdings |
Shenzhen
Zhongzhixing Investment & Development Co., Ltd. (literal translation)
16.67% Zhang Weiju 14.93% Luo Tong 4.00% Zeng Yi 59.07% Qian Zuozhong 5.33% |
Present ones |
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Company Name |
Adtech (Shenzhen) CNC
Technology Co., Ltd. |
Present one |
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Registered Capital |
CNY 17,242,000 |
Present amount |
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Legal Form |
Limited liabilities co. |
Present one |
%20TECHNOLOGY%20CO%20,%20LTD%20%20-%20190426%2017-Aug-2012_files/image015.gif){kind=small}
MAIN SHAREHOLDERS:
Name %
of Shareholding
Shenzhen Huaao Venture Capital Enterprise (Limited
partnership)
(literal translation) 2
Shanghai Lianxin Investment Center (Limited partnership)
(literal translation) 9
Shenzhen Zhongzhixing Investment & Development Co., Ltd.
(literal translation) 14.5
Zeng Yi 51.39
Qian Zuozhong 4.64
Shenzhen Nalande Investment Co., Ltd. (literal translation) 2
Luo Tong 3.48
Zhang Weiju 12.99
Shenzhen Zhongzhixing Investment & Development Co., Ltd.
(literal translation)
==========================================================
Registration No.: 440301104609935
Chairman: Zhang Zhiqiang
Registered Capital: CNY 5,000,000
Shenzhen Nalande Investment Co., Ltd. (literal translation)
==========================================
Registration No.: 440301104961739
Chairman: Yang Shiqing
Registered Capital: CNY 15,000,000
%20TECHNOLOGY%20CO%20,%20LTD%20%20-%20190426%2017-Aug-2012_files/image016.gif){kind=small}
Legal
Representative, Chairman and General Manager:
Mr. Zeng Yi is currently
responsible for the overall and daily management of SC.
Working
Experience(s):
From 2002 to present Working in SC as legal representative, chairman and general manager.
*Officials:
=======
Name Title
Qian Zuozhong Director
Zhang Weiju Director
Wu Zonghe Director
Wang Huaquan Director
Liu Yihua Director
Guo Jianlin Director
Chang Haisheng Supervisor
Fang Bing 方兵 Supervisor
Gu Wentang Supervisor
%20TECHNOLOGY%20CO%20,%20LTD%20%20-%20190426%2017-Aug-2012_files/image017.gif){kind=small}
SC is mainly engaged
in researching, developing, manufacturing and selling motion control system.
SC’s products mainly include:
Motion Control Platform
► Multi-axis
Motion Control Card
•Multi-axis Motion
Control Card
► Multi-axis
Motion Controller
•Motion Controller
► Motors and
Drives
•Stepping Series
•Servo Series
Industrial CNC
Control System
► Metal
Processing
•Flame/Plasma
Cutting Controller
•CNC Spring
Controller
•Laser-marker
Controller
•Laser Cutting
Controller
•Wood Processing
CNC Controller
•Key Processing
CNC Controller
•Welding
Controller
► Textile
& Household
•Brush Making
Controller
•Computerized
Knitting Machine Controller
•Full Automatic
Diamond Grinding CNC Controller
•Scrap Chopper
Controller
•Spraying
Controller
► Electronic
Equipment
•Automatic Glue
Dispense Controller
•Plastic Dropping
Controller
•Coil Winding
Controller
► Standard
CNC machine
•Turning/Lathe CNC
Controller
•Milling/Drilling
CNC Controller
•Punching CNC
Controller
Etc.
SC sources its materials 90% from domestic
market, and 10% from overseas market. SC sells 60% of its products in domestic
market, and 40% to overseas market.
The buying terms of SC include Check, T/T, L/C and Credit of
30-60 days. The payment terms of SC include Check, T/T, L/C and Credit of 30-60
days.
Note:
SC’s management declined to release its major clients and suppliers.
%20TECHNOLOGY%20CO%20,%20LTD%20%20-%20190426%2017-Aug-2012_files/image018.gif){kind=small}
According to SC’s website:
Hong Kong
Office
Address: Flat
20,
Tel.:+852-6941 7480/2357 9688
Fax:+852-2951 0751
Turkey Business
Partner and Technical Support
Address:
Uzuncayir Cad. No. 31 Yapi Is Merkezib2 Blok D:24 Hasanpasa Kadikoy Istanbul
Turkey
Tel : + 90 216 340 39 70
Fax : + 90 216 340 39 64
Gujarat India
Business Partner and Technical Support
Address:
Tirupati Estate, Opp. Bombay Housing, Everest-Milan Road, Saraspur,
Ahmedabad-380 024. Gujarat, India
Tel.: + (91-79) - 22740546, 22740467, 22741838
Iran Business
Partner and Technical Support
Address: Unit
604 – Soheil Administrative Tower – Navab Azarbaijan Cross- Jomhouri Sq.
–Tehran -Iran
Tel: +98 21 66381345
Fax: (+98 21) 66381725
Brazil Business
Partner and Technical Support
Address:
Sargento Rosende Street Number 11 São Paulo – Sp Brazil
Zip Code: 03734-27
Tel.: + 55 11 2791.3484 Ext 26
Fax: + 55 11 2957.8644 Ext 26
Syria Business
Partner and Technical Support
Address: Azizie
- Shouhadah Str Aleppo – Syria 1015
Tel: +963 21 212 88 500
Indonesia
Business Partner and Technical Support
Address:
J1.Raya Prancis Pergudangan 8 Block Sn Jati Mulya, Kosambi-Tangerang 15212
Tel: +62-21-559 12618/19/20
Mob: +6281 1150 718
Xi'an Liaison Office
Mobile: 13909187520
Fax: 029-88013092
E-mail：xian_office@adtechcn.com
Wuxi Liaison Office
Mobile: 18603020557
Fax: 0510-82621651
E-mail：wx_office@adtechcn.com
Taizhou Liaison Office
Mobile: 18675578038
Fax: 0576-82458056
E-mail：tz_office@adtechcn.com
Jinan Liaison Office
Mobile: 18675500917
Fax:0531-68824789
E-mail：lmq@adtechcn.com
Qingdao Liaison Office
Mobile: 13925230385
E-mail：gxl@adtechcn.com
Jinjiang Liaison Office
Mobile: 18603023430
Fax: 0595-28086260
E-mail：lzg@adtechcn.com
Beijing Liaison Office
Mobile: 18675500917
E-mail：mgc@adtechcn.com
Wuhan Liaison Office
Mobile: 18665825190
13823271441
E-mail：wh_office@adtechcn.com
Shanghai Liaison Office
Mobile: 13922875490
E-mail：zzg@adtechcn.com
Etc.
%20TECHNOLOGY%20CO%20,%20LTD%20%20-%20190426%2017-Aug-2012_files/image019.gif){kind=small}
Overall payment appraisal:
( ) Excellent (
) Good (X) Average (
) Fair ( ) Poor
( ) Not yet determined
The appraisal serves as a reference to reveal SC's payments habits and ability
to pay. It is based on the 3 weighed
factors: Trade payment experience
(through current enquiry with SC's suppliers), our delinquent payment and our
debt collection record concerning SC.
Trade payment experience: SC did not
provide any name of trade/service suppliers and we have no other sources to
conduct the enquiry at present.
Delinquent
payment record: None in our database.
Debt collection record: No overdue amount owed by SC was placed to us for
collection within the last 6 years.
%20TECHNOLOGY%20CO%20,%20LTD%20%20-%20190426%2017-Aug-2012_files/image020.gif){kind=small}
No bank
information was found during our checks with the local Administration for
Industry and Commerce. And SC declined to release its banking details.
%20TECHNOLOGY%20CO%20,%20LTD%20%20-%20190426%2017-Aug-2012_files/image021.gif){kind=small}
Investigations were made with the local AIC, but the financial were not
available.
SC’s management declined to release any financial information.
%20TECHNOLOGY%20CO%20,%20LTD%20%20-%20190426%2017-Aug-2012_files/image022.gif){kind=small}
SC is considered medium-sized in its line with 10 years operation history.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.55.98 |
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UK Pound |
1 |
Rs.87.55 |
|
Euro |
1 |
Rs.68.69 |
INFORMATION DETAILS
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Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.