MIRA INFORM REPORT

 

 

 

 

Report Date :            

28.10.2013

 

IDENTIFICATION DETAILS

 

Name :

HEFEI TAIHE OPTOELECTRONIC TECHNOLOGY CO., LTD.

 

 

Registered Office :

Room 405-406, Zheshang Chuangye Building, No. 103 Kexue Dadao, High And New Tech Zone, Hefei, Anhui Province 230088 Pr

 

 

Country :

China

 

 

Date of Incorporation :

10.12.2004

 

 

Com. Reg. No.:

340106000025377

 

 

Legal Form :

Limited Liabilities Company

 

 

Line of Business :

manufacturing and selling color sorting equipment

 

 

No. of Employees :

200

 


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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

China

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name & address 

 

hefei taihe optoelectronic technology co., ltd.

room 405-406, zheshang chuangye building, no. 103 kexue dadao

high and neW tech zone, hefei, anhui province 230088 PR CHINA

TEL: 86 (0) 551-53990155359489/5359485/5359489/8588880

FAX: 86 (0) 551-53990158588885

 

 

EXECUTIVE SUMMARY

 

Date of Registration         : december 10, 2004

REGISTRATION NO.                  : 340106000025377

LEGAL FORM                           : Limited liabilities company

CHIEF EXECUTIVE                   : xu dahong (LEGAL REPRESENTATIVE)

REGISTERED CAPITAL             : cny 5,100,000

staff                                      : 200

BUSINESS CATEGORY             : manufacturing

Revenue                                : n/a

EQUITIES                                 : n/a

WEBSITE                                  : www.colorsort.cn

E-MAIL                                     : taihe@colorsort.cn

PAYMENT                                : AVERAGE

MARKET CONDITION                : average

FINANCIAL CONDITION             : n/a

OPERATIONAL TREND             : fairly STEADY

GENERAL REPUTATION           : AVERAGE

EXCHANGE RATE                    : CNY 6.30 = USD 1

 

 

Adopted abbreviations

(as follows)

 

SC - Subject Company (the company inquired by you)

N/A – Not available

CNYChina Yuan Ren Min Bi

 

 

OPERATIONAL TREND & GENERAL REPUTATION

 

This section aims at indicating the relative positions of SC in respect of its operational trend & general reputation

 

Operational Trend:-                                            General Reputation:-

Upward                                                             Excellent

Steady                                                              Good

Fairly Steady                                                     Fairly Good

Ordinary                                                            Average

Fair                                                                   Fair

Stagnant                                                           Detrimental

Downward                                                         Not known

Not known                                                         Not yet be determined

Not yet be determined

 

 

LEGAL STATUS & HISTORY

 

SC was established as a limited liabilities company of PRC with State Administration of Industry & Commerce (SAIC) under registration No.: 340106000025377 on December 10, 2004.

 

SC’s Organization Code Certificate No.: 76902942-7

SC’s registered capital: cny 5,100,000

 

SC’s paid-in capital: cny 5,100,000

 

Registration Change Record:

No significant changes of SC have been noted in SAIC since its incorporation.

 

Current Co search indicates SC’s shareholders & chief executives are as follows:-

Name of Shareholder (s)

% of Shareholding

Xu Dahong

 

62.8

Ge Suhui

 

11.16

Tang Lin

 

10.00

Yan Tianxin

 

11.02

Wu Jiantong

 

1.98

Huang Huili

 

0.59

Xu Dagang

 

0.49

Other 24 individuals

1.96

 

SC’s Chief Executives:-

Position

Name

Legal Representative, Chairman, and General Manager

Xu Dahong

Deputy General Manager

Ge Suhui

 

 

RECENT DEVELOPMENT

 

SC has got the certificate ISO9001.

 

 

 

SHAREHOLDER CHART & BACKGROUND

 

Name                                                                                                  % of Shareholding

                                                                    

Xu Dahong                                                                                                       62.8

Ge Suhui                                                                                                           11.16

Tang Lin                                                                                                            10.00

Yan Tianxin                                                                                                       11.02

Wu Jiantong                                                                                                      1.98

Huang Huili                                                                                                       0.59

Xu Dagang                                                                                                       0.49

Other 24 individuals                                                                                           1.96

 

 

MANAGEMENT

 

Xu Dahong, Legal Representative, Chairman and General Manager

---------------------------------------------------------------------------------------------------

Ø  Gender: M

Ø  Age: 40’s

Ø  Qualification: University

Ø  Working experience (s):

 

From 2004 to present, working in SC as legal representative, chairman and general manager

 

 

Ge Suhui, Deputy General Manager

----------------------------------------------------------

Ø  Gender: M

Ø  Qualification: University

 

 

BUSINESS OPERATION

 

SC’s registered business scope includes manufacturing, selling and color sorting equipment and parts.

 

SC is mainly engaged in manufacturing and selling color sorting equipment.

 

SC’s products mainly include: color sorting equipment.

 

SC sources its materials 100% from domestic market. SC sells 80% of its products in domestic market, and 20% to overseas market, mainly USA, Europe and Southeast Asia.

 

The buying terms of SC include T/T and Credit of 30-60 days. The payment terms of SC include T/T, L/C and Credit of 30-60 days.

 

Staff & Office:

--------------------------

SC is known to have approx. 200 staff at present.

 

SC owns an area as its operating office and factory, but the detailed information is unknown.

 

 

RELATED COMPANY

 

SC is not known to have any subsidiary at present.

 

PAYMENT

 

Overall payment appraisal:

( ) Excellent      ( ) Good      (X) Average      ( ) Fair      ( ) Poor      ( ) Not yet be 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.

 

 

BANKING

 

Basic Bank:

Huishang Bank Hefei Branch

AC#: 1021601021000213875

 

 

FINANCIALS

 

The financials of SC is not available in local SAIC, and SC also refused to release the details.

 

 

CONCLUSIONS

 

SC is considered medium-sized in its line with a development history of 8 years. A credit line up to USD 20,000 would appear to be within SC’s capacities.

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.63

UK Pound

1

Rs.99.94

Euro

1

Rs.85.14

 

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

 

 

 

 

 

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