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Report Date : |
23.08.2014 |
IDENTIFICATION DETAILS
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Name : |
BIG SUN ENERGY TECHNOLOGY INC. |
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Registered Office : |
No.458-9, |
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Country : |
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Date of Incorporation : |
19.05.2006 |
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Com. Reg. No.: |
28318416 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Sales of Mono-Crystalline Silicon Solar Cell, Multi-Crystalline Silicon Solar Cell |
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, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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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 |
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. Taiwan's diplomatic isolation, low birth rate, and rapidly aging population are other major long-term challenges. Free trade agreements have proliferated in East Asia over the past several years, and following the landmark Economic Cooperation Framework Agreement (ECFA) signed with China in June 2010, Taiwan in July 2013 signed a free trade deal with New Zealand—Taipei’s first-ever with a country with which it does not maintain diplomatic relations—and in November inked a trade pact with Singapore. Negotiations continue on follow-on components of ECFA regarding trade in goods and a dispute resolution mechanism; a trade in services agreement is under review in the legislature. 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 overall trade surplus largely because of its surplus with China, and its foreign reserves are the world's sixth largest, behind China, Japan, Saudi Arabia, Russia, and Switzerland. 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. Taiwan since 2009 has gradually loosened rules governing Chinese investment on the island, and has also secured greater market access for its investors in the mainland. 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.
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Source
: CIA |
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Company Name: |
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Supplied Name: |
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Trading Address: |
No.458-9, Sinsing Rd., Hukou Township, Hsinchu County 303, Taiwan
(R.O.C.) |
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Supplied Address: |
No. 458-9 Sinsing Rd., Hukou Township
Hsinchu County, Taiwan |
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Telephone Number: |
+886-3-5980288 |
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Fax Number: |
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Credit Rating: |
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Credit Opinion: |
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Registered Name: |
Big Sun Energy
Technology Inc. |
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Registered Address: |
No.458-9, Sinsing Rd., Hukou
Township, Hsinchu County 303, Taiwan (R.O.C.) |
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Date of Foundation: |
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Registration Number: |
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Registry: |
Department of Commerce,
Ministry of Economic Affairs, R.O.C. |
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Registered Capital: |
NTD 2,200,000,000 (USD 76,340,000) (As of 2011.07, 1 NTD =
0.0347 USD) |
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Paid-up Capital: |
NTD 1,350,770,000
(USD 46,871,719) |
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Legal Representatives: |
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Legal Form: |
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Principal Activities: |
Sales of Mono-Crystalline Silicon Solar Cell, Multi-Crystalline Silicon
Solar Cell |
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Staff: |
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Listed at Stock Exchange: |
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Date of Last Annual Return: |
Subject was incorporated on
Awards
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Year |
Awards |
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2007 |
Blue chip importer and exporter |
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2008 |
Blue chip importer and exporter |
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2009 |
Blue chip importer and exporter |
Standard of Blue chip
importer and exporter
Unit: USD
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Year |
Amount |
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2007 |
18,000,000 |
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2008 |
19,000,000 |
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2009 |
15,000,000 |
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Name |
Subscription
Shares |
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8,872,306 |
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732,000 |
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3,600,000 |
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2,008,404 |
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856,132 |
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804,457 |
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379,096 |
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190,840 |
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454,507 |
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400,000 |
Directors
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1 |
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Name |
Jiaqing Luo |
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Position |
Board Chairman |
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2 |
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Name |
Qinxian Zhu |
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Position |
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3 |
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Name |
Huanbang Xie |
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Position |
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4 |
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Name |
Minji Lu |
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Position |
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5 |
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Name |
Wensheng Xiao |
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Position |
Director |
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6 |
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Name |
Shangyuan Development Investment Co., Ltd |
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Position |
Director |
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7 |
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Name |
Yuhe Chen |
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Position |
Independent Director |
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8 |
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Name |
Renxi Ni |
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Position |
Independent Director |
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9 |
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Name |
Mifu Zou |
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Position |
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10 |
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Name |
Quancai Huang |
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Position |
Auditor |
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11 |
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Name |
Maoyuan He |
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Position |
Auditor |
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12 |
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Name |
Zhengfu Li |
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Position |
Auditor |
Personnel
Structure
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Total Employees |
More than 20 Employees |
Offices
& Factories
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Headquarters |
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Add |
No.458-9,
Sinsing Rd., Hukou Township, Hsinchu County 303, Taiwan (R.O.C.) |
Production
Information
l
Subject produces Mono-Crystalline
Silicon Solar Cell, Multi-Crystalline Silicon Solar Cell.
l
The subject produces in Taiwan.
Purchase
Information
l
The raw materials for
production are mostly purchased from domestic.
l
The subject is mainly engaged in sales of Mono-Crystalline Silicon Solar Cell, Multi-Crystalline
Silicon Solar Cell.
l
The subject sells products around the world.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Purchase
Domestic Purchase (Taiwan and Mainland, China)
|
Payment Terms |
Proportion |
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Raw materials |
COD, etc |
100% |
Foreign Purchase
The subject seldom imports.
Sales
Domestic Markets (Taiwan)
|
Sales Terms |
Proportion |
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|
Mono-Crystalline Silicon Solar Cell, Multi-Crystalline Silicon Solar
Cell |
CBD, etc |
100% |
Export
|
Sales Terms |
Proportion |
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Mono-Crystalline
Silicon Solar Cell, Multi-Crystalline Silicon Solar Cell |
CBD, etc |
100% |
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Year |
Sales |
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2010 |
About USD
8,000,000 |
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Taiwan Bank |
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.
|
Name |
Wensheng Xiao |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.44 |
|
|
1 |
Rs.100.24 |
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Euro |
1 |
Rs.80.35 |
INFORMATION DETAILS
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Report Prepared
by : |
NIT |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.