|
Report Date : |
16.11.2013 |
IDENTIFICATION DETAILS
|
Name : |
NAN PAO RESINS CHEMICAL CO., LTD. |
|
|
|
|
Registered Office : |
No.12, Nan Hai Pu, Nan Hai Village, Shee
Kang Dist., Tainan City |
|
|
|
|
Country : |
Taiwan |
|
|
|
|
Date of Incorporation : |
02.10.1963 |
|
|
|
|
Com. Reg. No.: |
74229304 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture of adhesives, coatings, chemical
resins and special chemical products. |
|
|
|
|
No. of Employees : |
1,900 Employees (Group) |
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 : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Taiwan |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
taiwan - ECONOMIC OVERVIEW
Taiwan has a dynamic capitalist economy with gradually
decreasing government guidance of investment and foreign trade. Exports, led by
electronics, machinery, and petrochemicals have provided the primary impetus
for economic development. This heavy dependence on exports exposes the economy
to fluctuations in world demand. In 2009, Taiwan's GDP contracted 1.8%, due
primarily to a 13.1% year-on-year decline in exports. In 2010 GDP grew 10.7%,
as exports returned to the level of previous years, and in 2011, grew 4.0%. In
2012, however, growth fell to 1.3%, because of softening global demand.
Taiwan's diplomatic isolation, low birth rate, and rapidly aging population are
major long-term challenges. Free trade agreements have proliferated in East
Asia over the past several years, but except for the landmark Economic
Cooperation Framework Agreement (ECFA) signed with China in June 2010, so far
Taiwan has been excluded from this greater economic integration in part because
of its diplomatic status. Negotiations continue on such follow-on components of
ECFA regarding trade in goods and services. The MA administration has said that
the ECFA will serve as a stepping stone toward trade pacts with other key trade
partners, which Taiwan subsequently launched with Singapore and New Zealand.
Taiwan's Total Fertility rate of just over one child per woman is among the
lowest in the world, raising the prospect of future labor shortages, falling
domestic demand, and declining tax revenues. Taiwan's population is aging
quickly, with the number of people over 65 accounting for 11.2% of the island's
total population as of 2012. The island runs a large trade surplus largely
because of its surplus with China, and its foreign reserves are the world's
fifth largest, behind China, Japan, Saudi Arabia, and Russia. In 2006 China
overtook the US to become Taiwan's second-largest source of imports after
Japan. China is also the island's number one destination for foreign direct
investment. Three financial memorandums of understanding, covering banking,
securities, and insurance, took effect in mid-January 2010, opening the island
to greater investments from the mainland's financial firms and institutional
investors, and providing new opportunities for Taiwan financial firms to
operate in China. In August 2012, Taiwan Central Bank signed a memorandum of
understanding on cross-Strait currency settlement with its Chinese counterpart.
The MOU allows for the direct settlement of Chinese RMB and the New Taiwan
dollar across the Strait, which could help develop Taiwan into a local RMB hub.
Closer economic links with the mainland bring greater opportunities for the
Taiwan economy, but also poses new challenges as the island becomes more
economically dependent on China while political differences remain unresolved.
|
Source
: CIA |
|
Company Name: |
Nan Pao Resins Chemical Co., Ltd. |
|
Supplied Name: |
Nan Pao Resins Chemical Co Ltd. |
|
Trading Address: |
No.12, Nan Hai Pu, Nan Hai Village, Shee
Kang Dist., Tainan City, Taiwan, R.O.C. |
|
Supplied Address: |
3F, No. 356, Sec 1., Neihu Road Taipei |
|
Telephone Number: |
+886- 6-795-2801-8 |
|
Fax Number: |
+886- 6-795-0079 |
|
E-mail: |
Notes: The exact name is as above. Supplied
address is the address of the Taipei office of the subject, and the exact
address is as above.
|
Registered Name: |
NAN PAO RESINS CHEMICAL CO., LTD. |
|
Registered Address: |
No.12, Nan Hai Pu, Nan Hai Village, Shee
Kang Dist., Tainan City, Taiwan, R.O.C. |
|
Date of Foundation: |
1963-10-2 |
|
Registration Number: |
74229304 |
|
Registry: |
Department of Commerce, Ministry of Economic
Affairs, R.O.C. |
|
Registered Capital: |
NTD 800,000,000
(USD27,120,000) (As of 2013.11, 1 NTD = 0.0339 USD) |
|
Paid-up Capital: |
NTD 740,184,440 (USD 25,329,553) |
|
Legal Representatives: |
Zhengxian Wu |
|
Legal Form: |
|
|
Principal Activities: |
Manufacture of adhesives, coatings, chemical resins and special chemical
products. |
|
Staff: |
|
|
Listed at Stock Exchange: |
|
|
Date of Last Annual Return: |
Subject was incorporated
on 1973-10-2 with registered number 74229304
as Joint Stock Company in
Taiwan.
|
Name |
Subscription
Shares |
|
Shengshi Investment Co Ltd (Literal translated) |
409,000 |
|
Perfect Wealth International Limited |
4,443,500 |
|
Pou Chien Chemical Co., Ltd. |
16,397,090 |
|
Shengjia Huang |
14,033,082 |
|
Dingfeng Investment Co., Ltd (Literal translated) |
5,613,590 |
Offices
|
1 |
|
|
Name |
Taipei Office |
|
Address |
|
|
Telephone Number |
+886-2-2799-8801 |
|
Fax Number |
+886-2-2799-8806 |
|
2 |
|
|
Name |
Chungli Office |
|
Address |
No.117,Gaoshuang Road, Ping Jhen City,Tao yuan County, Taiwan |
|
Telephone Number |
+886-3-492-0376 |
|
Fax Number |
+886-3-281-1472 |
|
3 |
|
|
Name |
Taichung Office |
|
Address |
No.90, Sec. 1, Shatian Rd., Dadu Dist., Taichung City 432, Taiwan |
|
Telephone Number |
+886-04-2693-1368/2693-1962 |
|
Fax Number |
+886-4-2311-1987 |
|
4 |
|
|
Name |
Yuanlin Office |
|
Address |
75, Sinsing Rd., Pusin Township, Changhua County |
|
Telephone Number |
+886-4-829-8470/82-98474 |
|
Fax Number |
+886-4-829-8467 |
|
5 |
|
|
Name |
Kaohsiung Office |
|
Address |
No.18, Tuku 1st Rd., Nanzih District, Kaohsiung City 811, Taiwan
(R.O.C.) |
|
Telephone Number |
+886-7-354-4947/354-1198 |
|
Fax Number |
+886-7-354-3584 |
Related Companies:
|
1 |
|
|
Name |
NAN PAO RESINS (HOLDINGS) LTD. NAN PAO RESINS INTERNATIONAL LTD. EASTLION INDUSTRIAL LTD. |
|
Address |
Room 13, 10/F, Block B, Tonic Industrial Centre, 19 Lam Hing Street,
Kowloon Bay, Kowloon, Hong Kong |
|
Telephone Number |
+852-2331-3983-3984 |
|
Fax Number |
+852-2757-4299 |
|
E-mail: |
|
|
2 |
|
|
Name |
Huang-Jiang Nan Pao Shoes-Materials Factory |
|
Address |
Yue Yuen Industrial Estate, HuangJiang Town DongGuan City, GuanDong,
P.R.C. |
|
Telephone Number |
+86 769-8366-4815~7．3800 |
|
Fax Number |
+86 769-8366-6177 |
|
E-mail: |
|
|
3 |
|
|
Name |
Fuqing Nan Pao Resins Co., Ltd |
|
Address |
Hong Kuan Industry Village, Xi To, Fu Qing City, Fu Jian Province
,China |
|
Telephone Number |
+86 591-8529-1391 |
|
Fax Number |
+86 591-8529-1570 |
|
E-mail: |
|
|
4 |
|
|
Name |
Nan Pao Resins (China) Co., Ltd |
|
Address |
No.600, Kunhia Road. Kunshan Economic & Technological Zone Jiangsu
Province the People’s Republic of China |
|
Telephone Number |
+86 512-5770-8888 |
|
Fax Number |
+86 512-5771-9888 |
|
E-mail: |
|
|
5 |
|
|
Name |
Nan Pao Resins (Fo Shan) Co., Ltd |
|
Address |
No.12, Kohler Avenue, Leping town, Sanshui District, Foshan City,
Guangdong Province |
|
Telephone Number |
+86-757-8739-3000 / 8739-3001 |
|
Fax Number |
+86-757-8738-0695 |
|
E-mail: |
|
|
6 |
|
|
Name |
Thai Nan Pao Resins Chemical., Ltd |
|
Address |
412 Kor Soi |
|
Telephone Number |
+662-323-2761~3 |
|
Fax Number |
+662-323-2760 |
|
E-mail: |
|
|
7 |
|
|
Name |
P.T Indo Nan Pao Resins Chemical Co., Ltd |
|
Address |
JL. Pajajaran Raya No. 44, Jatiuwung, Tangerang, Indonesia |
|
Telephone Number |
+21-591-8810,591-8812,591-8813 |
|
Fax Number |
+62-21-591-6867 |
|
E-mail: |
|
|
8 |
|
|
Name |
Nan Pao Resins (Vietnam) Co., Ltd |
|
Address |
No.10, Thong Nhat Road, Song Than 2 Industrial Park, Di An District,
Binh Duong Province, Viet Nam. |
|
Telephone Number |
+84-65-0379-0378 |
|
Fax Number |
+84-65-0379-0377 |
|
E-mail: |
|
|
9 |
|
|
Name |
Nan Pao Electronic Material Company |
|
Address |
No.510,Zhongshan Rd., Xigang Dist, Tainan City 723, Taiwan |
|
Telephone Number |
+886 6-795-6032 |
|
Fax Number |
+886 6-795-8542 |
|
E-mail: |
|
|
Application： |
Socket adapter、Server power supplier、Engine firing sytem
circuit in car、HID lighting step-up transformer |
|
Main Productions： |
SENDUST CORE、FAA |
|
10 |
|
|
Name |
Nan Pao Applicated Material Ltd. |
|
Address |
|
|
Telephone Number |
+886-3-271-4689 |
|
Fax Number |
+886-3-463-3840 |
|
E-mail: |
|
|
Main Productions Applicated: |
Coating technology and surface treatment technology of water-based
nano combined with the optical coating technology and physical vacuum coating
technology so that became ADC(Advanced Decorative Coatings). ADC technology
can be applied to the decorative appearance of every material. |
|
Main Poerating Items： |
|
|
11 |
|
|
Name |
Foshan Nan Pao Great-will Advanced Materials Limited |
|
Address |
No.12, Kohler Avenue, Leping town, Sanshui District, Foshan City,
Guangdong Province |
|
Telephone Number |
+86-757-8739-3000 |
|
Fax Number |
+86-757-8739-3047 |
|
E-mail: |
|
|
Main Applications： |
Non-woven Hygienic Products, hot melt adhesive for footwear, hot melt
pressure sensitive adhesives, packaging adhesives, wood-working adhesives,
medical hot melt, adhesives for graphic arts, paper products, automotive
adhesives, assembly adhesives and others. |
|
Main Products |
Hot melt adhesive, disposable hygienic products, footwear, label,
tape, packaging, woodworking, medical products, automotives, etc |
|
12 |
|
|
Name |
Shengshi Investment Co Ltd (Literal translated) |
|
Date of Registration |
1994-8-29 |
|
Registered Number |
89832098 |
|
Registered Address |
1F., No.105, Chenggong Rd., West Central Dist., Tainan City, Taiwan
(R.O.C.) |
|
Registered Capital: |
NTD 40,000,000 (USD1,356,000) (As of 2013.11, 1 NTD = 0.0339 USD) |
|
Paid-up Capital: |
NTD 40,000,000 (USD1,356,000) |
|
Legal Representatives: |
Shengjia Huang |
|
Date of Last Annual Return: |
2013-9-13 |
|
13 |
|
|
Name |
Pou Chien Chemical Co., Ltd. |
|
Date of Registration |
1907-10-14 |
|
Registered Number |
16095349 |
|
Registered Address |
No.265, Sec.1, Yeong Fu Rd., Yeong Ging Hsiang, Chang Hua Hsien,
Taiwan, R.O.C. |
|
Registered Capital: |
NTD 1,268,100,000 (USD 42,988,590) (As of 2013.11, 1 NTD = 0.0339 USD) |
|
Paid-up Capital: |
NTD 1,268,100,000 (USD 42,988,590) |
|
Legal Representatives: |
Jinzhu Lu |
|
Date of Last Annual Return: |
2013-6-7 |
|
Telephone Number: |
+886-4-7696604 |
|
Fax Number: |
+886-4-7680577 |
|
|
|
|
Name |
Dingfeng Investment Co., Ltd (Literal translated) |
|
Date of Registration |
2005-12-12 |
|
Registered Number |
28052529 |
|
Registered Address |
7F., No.59, Sec. 1, Zhonghua Rd., Zhongzheng Dist., Taipei City,
Taiwan (R.O.C.) |
|
Registered Capital: |
NTD 389,257,750 (USD 13,195,837,725) (As of 2013.11, 1 NTD = 0.0339 USD) |
|
Legal Representatives: |
Everpeak investment International Holding Co., Limited |
|
Date of Last Annual Return: |
2013-11-1 |
Factories
|
1 |
|
|
Name: |
Baoli Plant |
|
Address: |
No.508, 510, Zhongshan Rd., Qing An Li, Xigang Dist., Tainan City,
Taiwan (R.O.C.) |
|
Date of Foundation: |
1975-4-22 |
|
Date of Registration: |
1976-9-11 |
|
Factory Registration Number: |
99656412 |
|
Factory Manager: |
Maolin Cai |
|
Status: |
In Production |
|
Date of Last Annual Return: |
2005-1-3 |
|
Major Products: |
184 Synthetic resin、thermosetting plastic and rubber |
|
2 |
|
|
Address: |
No.506, Zhongshan Rd., Qing An Li, Xigang Dist., Tainan City, Taiwan
(R.O.C.) |
|
Date of Foundation: |
1980-7-10 |
|
Date of Registration: |
1982-6-16 |
|
Factory Registration Number: |
99656413 |
|
Factory Manager: |
Maolin Cai |
|
Status: |
In Production |
|
Date of Last Annual Return: |
2005-1-3 |
|
Major Products: |
184 Synthetic resin、thermosetting plastic and rubber 192 Coating, dyes and pigment |
|
3 |
|
|
Address: |
No.521, Zhongshan Rd., Qing An Li, Xigang Dist., Tainan City, Taiwan
(R.O.C.) |
|
Date of Foundation: |
1992-10-9 |
|
Date of Registration: |
1994-12-12 |
|
Factory Registration Number: |
99656577 |
|
Factory Manager: |
Wuchang Yu |
|
Status: |
In Production |
|
Date of Last Annual Return: |
2012-11-1 |
|
Major Products: |
184 Synthetic resin、thermosetting plastic and rubber 192 Coating, dyes and pigment |
Core Management
Directors
|
1 |
|
|
Name |
Zhengxiang Wu |
|
Position |
Board of Chairman |
|
2 |
|
|
Name |
Perfect Wealth International Limited |
|
Position |
Vice board of Chairman |
|
3 |
|
|
Name |
Pou Chien Chemical Co., Ltd. |
|
Position |
Director |
|
4 |
|
|
Name |
Mingxian Xu |
|
Position |
Director |
|
5 |
|
|
Name |
Shengjia Huang |
|
Position |
Director |
|
6 |
|
|
Name |
Dingfeng Investment Co., Ltd (Literal translated) |
|
Position |
Supervisor |
Personnel
Structure
|
Total Employees |
1,900 Employees (Group) |
Offices &
Factories
|
|
Headquarters |
|
Add |
No.12, Nan Hai Pu, Nan Hai Village, Shee Kang Dist., Tainan City,
Taiwan, R.O.C. |
Production
Information
The subject is a manufacturer of adhesives, coatings, chemical resins
and special chemical products.
It is introduced that subject has 3 factories and about 10 related
companies and factories for manufacturing in Taiwan, the mainland of China
(Guangzhou, Jiangsu, Fujian), Vietnam, Indonesia, and Thailand.
The subject has obtained ISO 9001: 2000, OHSAS18001, ISO14001 and
ISO9002 certification.
Purchase
Information
The registered activities of subject:
|
Business Code |
Details |
|
C801060 |
Manufacture of synthetic rubber |
|
C801100 |
Manufacture of synthetic resin and plastic |
|
C802120 |
Manufacture of industrial auxiliaries |
|
C802200 |
Manufacture of painting and the related products |
|
ZZ99999 |
Besides licensed business, all other business items those are not
banned or restricted. |
The raw materials and etc for production are
purchased both at home and abroad.
It is introduced that subject imports some raw materials and etc from
Japan.
The subject is engaged in sales of
adhesives, coatings, chemical resins and special chemical products.
It is introduced that subject’s sales business covers the whole world.
Subject’s group has related services points and subsidiaries in many
regions such as China, Indonesia, Vietnam and Thailand for group distribution.
Major Products
|
Type |
Products |
|
Adhesive |
Resins fro fiber treatment, Resins for artificial flower making
,Resins for genuine leather, Resins for fiberfill, Resins for flocking
,Resins for cast molding and electrical bulb, Resins for paint, Resins for PU
synthetic leather, W/B PU resins, Adhesives for industry, Strong adhesives,
Adhesives for plywood , Adhesives for paper tube winding, Sprayable
adhesives, Adhesives for laminating, Epoxy adhesive |
|
Coatings |
Powder coatings, Maintenance paints, Products for architecture,
Water-proof products, Flame retardant products, Photocatalyst products |
|
Footwear |
Products for shoe-making |
|
Others |
High Performance PSA, Packing, TAPE & LABEL, Wood-Edge Banding,
Footwear Hot Melt, PUR Product Line, Solvent-free Moisture curing PU Hot-Melt |
Import and export right:
|
Import right |
Yes |
|
Export right |
Yes |
Purchase
Domestic Purchase
|
Product |
Payment Terms |
Proportion |
|
Raw Materials and etc |
COD, CBD and etc |
100% |
Foreign Purchase
|
Product |
Payment Terms |
Proportion |
|
Raw Materials and etc |
CBD and etc |
100% |
Sales
Domestic Markets
|
Product |
Sales Terms |
Proportion |
|
Adhesives, coatings, chemical resins and special
chemical products. |
COD, CBD and etc |
100% |
Export
|
Product |
Sales Terms |
Proportion |
|
Adhesives, coatings, chemical resins and special chemical products. |
100% |
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. Chen declined to
disclose its financials citing the grounds of company’s confidentiality; from
other source we can not obtain the relevant information, either.
Mortgage
No chattel mortgage record of subject has been found within the recent 3
months.
Lawsuit
|
2005,Nanjiu, 17 |
|
|
Date of Trial: |
2005-10-24 |
|
Reason: |
litigation in forma pauperis |
|
Name |
Ms. Chen |
|
Department |
Sales Department |
|
E-mail |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.06 |
|
|
1 |
Rs.101.15 |
|
Euro |
1 |
Rs.84.95 |
INFORMATION DETAILS
|
Report Prepared by
: |
SDA |
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.