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Report No. : |
305578 |
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Report Date : |
30.01.2015 |
IDENTIFICATION DETAILS
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Name : |
ALL TECHNOLOGY INTERNATIONAL CO., LTD. |
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Registered Office : |
11F.-2, No.2, |
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Country : |
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Date of Incorporation : |
17.05.2000 |
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Com. Reg. No.: |
70401181 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Trading of Iron and Steel Raw Materials. |
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No. of Employees : |
Not Available |
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 : |
Unknown |
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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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
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Taiwan |
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: |
11F.-2, No.2,
Zhongshan 2nd Rd., Qianzhen Dist., Kaohsiung City 806, Taiwan |
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Supplied Address: |
ROOM 2, 11F, NO.
2, ZHONGSHAN 2ND RD., QIANZHEN DIST., KAOHSIUNG CITY 806, TAIWAN R.O.C. |
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Telephone Number: |
+886-7-333-5625 |
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Fax Number: |
Notes: The exact name and address are as above.
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Registered Name: |
All Technology International Co., Ltd. |
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Registered Address: |
11F.-2, No.2, Zhongshan 2nd Rd., Qianzhen Dist.,
Kaohsiung City 806, Taiwan |
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Date of Foundation: |
2000-5-17 |
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Registration Number: |
70401181 |
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Registry: |
Economic Development Board of Kaohsiung City
Government |
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Registered Capital: |
(As of 2015.1, 1 NTD = 0.0320 USD) |
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Paid-up Capital: |
NTD 25,000,000 (USD 800,000) |
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Legal Representatives: |
Ciya Huang |
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Legal Form: |
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Principal Activities: |
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Staff: |
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Listed at Stock Exchange: |
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Date of Last Annual Return: |
Note: Subject declined
to disclose the number of staff, and from other source we cannot obtain the
information, either.
Subject was incorporated on
2000-5-17 with registered number 70401181 as Joint Stock Company in Taiwan.
Subject did not register any subsidiaries or branches; from other source
we could not obtain the relevant information, either.
Major Shareholders
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Name |
Subscription Shares |
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Ciya Huang |
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1,750,000 |
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Xinjie Huang |
250,000 |
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Cishuang Huang |
250,000 |
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Linmudan Huang |
250,000 |
Core Management
Directors
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1 |
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Name |
Ciya Huang |
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Position |
Chairman of the Board |
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2 |
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Name |
Xinjie Huang |
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Position |
Director |
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3 |
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Name |
Cishuang Huang |
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Position |
Director |
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4 |
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Name |
Linmudan Huang |
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Position |
Supervisor |
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Offices & Factories
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Headquarters |
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Add |
11F.-2, No.2, Zhongshan 2nd Rd., Qianzhen Dist., Kaohsiung City 806,
Taiwan |
Production
Information
Subject is a trader of iron and steel raw materials, etc. without any production activities.
Purchase
Information
The registered activities of subject:
|
Business Code |
Details |
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F401010 |
The international trade |
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F111070 |
Metal building materials wholesale. |
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F211010 |
Building materials retail |
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F113010 |
Mechanical wholesaling |
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F213080 |
Mechanical equipment retail |
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E604010 |
The machinery installation industry. |
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F107200 |
Chemical raw materials wholesale |
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ZZ99999 |
Besides licensed business, all other business items those are not
banned or restricted. |
The products of the subject are mainly purchased from the Mainland of China, India, South Korea, etc.
· Subject is engaged in sale of iron and steel raw materials, etc.
It
is introduced that subject’s products are applied to manufacturing of steel
products.
Subject’s
sales regions include domestic and abroad.
Subject’s
major customers are iron and steel plants, etc.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Purchase
Domestic Purchase
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Products |
Iron and steel raw materials, etc. |
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Payment Terms |
T/T, Cash, etc. |
Import
|
Products |
Iron and steel raw materials, etc. |
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Payment Terms |
L/C, T/T, etc. |
Domestic Markets
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Product |
Iron and steel raw materials, etc. |
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Selling Terms |
T/T, Cash, etc. |
Export
|
Product |
Iron and steel raw materials, etc. |
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Selling Terms |
L/C, T/T, etc. |
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 declined to disclose
its financials citing the grounds of company’s confidentiality; from other
sources we could not obtain such information, either.
Subject declined to disclose its bank details; from other source we
could not obtain the relevant information, either.
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.
Interview Details
|
Name |
Ms. Huang |
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Department |
Sales Department |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.50 |
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|
1 |
Rs.93.12 |
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Euro |
1 |
Rs.69.32 |
INFORMATION DETAILS
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Analysis Done by
: |
RAS |
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Report Prepared
by : |
NIT |
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.