MIRA INFORM REPORT
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Report No. : |
348527 |
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Report Date : |
07.11.2015 |
IDENTIFICATION DETAILS
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Name : |
SHANGHAI LUCKYSTAR CO., LTD. |
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Registered Office : |
Room 213, 2nd Floor, No. 1168 Yan’an West Road, Changning District
Shanghai 200050 Pr |
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Country : |
China |
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Date of Incorporation : |
24.10.2012 |
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Com. Reg. No.: |
310105000420911 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Selling chemical products and raw materials, machinery equipment,
hardware, valves, electronic products, metal materials, computers, software
and auxiliary equipment; business consulting, business services, exhibition services;
technology services, technology consulting, technology transfer, and
technology development of computer technology; importing and exporting goods
and technology. |
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No. of Employee : |
6 |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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China |
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 and address
SHANGHAI LUCKYSTAR CO., LTD.
ROOM 213, 2ND FLOOR, NO. 1168 YAN’AN WEST ROAD, CHANGNING DISTRICT
SHANGHAI 200050 PR CHINA
TEL: 86 (0) 21-32572119
FAX: 86 (0) 21-61275196
EXECUTIVE
SUMMARY
Date of Registration : october 24, 2012
REGISTRATION NO. : 310105000420911
LEGAL FORM : Limited Liability Company
CHIEF EXECUTIVE :
shi jiangbo (LEGAL REPRESENTATIVE)
REGISTERED CAPITAL : CNY 1,000,000
staff :
6
BUSINESS CATEGORY : TRADING
Revenue :
N/A
EQUITIES : N/A
WEBSITE : N/A
E-MAIL :
eva@luckystarchem.com
PAYMENT :
UNKNOWN
MARKET CONDITION : fair
FINANCIAL CONDITION : N/A
OPERATIONAL TREND : Ordinary
GENERAL REPUTATION : AVERAGE
EXCHANGE RATE :
CNY 6.34 = USD 1
Adopted abbreviations
(as follows)
SC - Subject Company
(the company inquired by you)
N/A – Not available
CNY – China 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.: 310105000420911 on October 24, 2012.
SC’s Organization Code Certificate No.:
05588456-0
SC’s Tax No.: 310105055884560
SC’s registered capital: CNY 1,000,000
SC’s paid-in capital: CNY 1,000,000
Registration Change Record:-
|
Date |
Change of Contents |
Before the change |
After the change |
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Shareholder (s) (% of Shareholding) |
Li Fagen 45% Pan Guoqiang 35% Shi Jiangbo 10% Han Hui 10% |
Lei Dongju 50% Tian Kexin 50% |
Current Co search indicates SC’s shareholders & chief executives are
as follows:-
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Name of Shareholder (s) |
% of Shareholding |
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Lei Dongju |
50 |
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Tian Kexin |
50 |
SC’s Chief Executives:-
|
Position |
Name |
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Legal Representative, Chairman and General Manager |
Shi Jiangbo |
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Supervisor |
Lei Dongju |
RECENT
DEVELOPMENT
No recent development was found during our checks at present.
SHAREHOLDER
CHART & BACKGROUND
Name %
of Shareholding
Lei Dongju 50
Tian Kexin 50
MANAGEMENT
Shi Jiangbo, Legal Representative, Chairman and General
Manager
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Gender: M
Qualification: University
Working experience
(s):
At present, working in SC as legal representative, chairman and general
manager
Supervisor
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Lei Dongju
BUSINESS
OPERATION
SC’s registered business scope includes selling chemical
products and raw materials, machinery equipment, hardware, valves, electronic
products, metal materials, computers, software and auxiliary equipment;
business consulting, business services, exhibition services; technology
services, technology consulting, technology transfer, and technology
development of computer technology; importing and exporting goods and
technology.
SC is mainly engaged in selling chemicals.
SC’s products mainly include: pesticide, intermediate, etc.
SC sources the products 100% from domestic market. SC sells 20% of its products in domestic market, and 80% to overseas market.
The buying terms of SC include Check, T/T and Credit of 30-60 days. The
payment terms of SC include T/T, L/C and Credit of 30-60 days.
*Major Customer:
=============
Studio Ray LLC.
Staff &
Office:
--------------------------
SC is known to have approx. 6
staff at present.
SC rents an area as its operating office of approx. 50 sq. meters at the
heading address.
RELATED
COMPANY
Beijing Luckystar Co., Ltd.
--------------------------------
Date of Registration: November 3, 2004
Registration No.: 110105007597726
Chief Executive: Li Fagen
Registered Capital: CNY 10,000,000
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
The bank information of SC is not filed in SAIC.
FINANCIALS
The financials of SC is not available in local
SAIC, and SC also refused to release the details.
CONCLUSIONS
SC is considered small-sized in its line with a development history of 3
years.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.79 |
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|
1 |
Rs.99.95 |
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Euro |
1 |
Rs.71.55 |
INFORMATION DETAILS
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Analysis Done by
: |
KAS |
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Report Prepared
by : |
SDA |
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 |
-- |
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.