|
|
|
MIRA
INFORM REPORT
|
Report No. : |
494334 |
|
Report Date : |
28.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
XIANHE CO., LTD |
|
|
|
|
Registered Office : |
No. 81, Tongjiang Road, Shenjia Economic Development Zone,
Qujiang Dist, Quzhou City, Zhejiang Province |
|
|
|
|
Country : |
China |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
19.12.2001 |
|
|
|
|
Unified
Social Credit Code: |
913308037344981434 |
|
|
|
|
Legal Form : |
Shares Limited Company |
|
|
|
|
Line of Business : |
Subject is mainly engaged in manufacture and
sales of special paper. Its main products are tobacco industry paper,
household decoration paper, business communication and anti-counterfeiting
paper, food and medical packaging paper, label off type paper, electrical and
industrial paper, heat transfer printing paper, low quantitative publication
printing paper, etc. Subject's products are widely applied in tobacco,
industry, home, printing, food and other industries. |
|
|
|
|
No. of Employees : |
2000 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but Correct |
|
|
|
|
Litigation : |
Exist |
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
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
China |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
CHINA - ECONOMIC OVERVIEW
Since the late 1970s, China has moved from a closed, centrally planned system to a more market-oriented one that plays a major global role. China has implemented reforms in a gradualist fashion, resulting in efficiency gains that have contributed to a more than tenfold increase in GDP since 1978. Reforms began with the phaseout of collectivized agriculture, and expanded to include the gradual liberalization of prices, fiscal decentralization, increased autonomy for state enterprises, growth of the private sector, development of stock markets and a modern banking system, and opening to foreign trade and investment. China continues to pursue an industrial policy, state support of key sectors, and a restrictive investment regime. Measured on a purchasing power parity (PPP) basis that adjusts for price differences, China in 2016 stood as the largest economy in the world, surpassing the US in 2014 for the first time in modern history. China became the world's largest exporter in 2010, and the largest trading nation in 2013. Still, China's per capita income is below the world average.
After keeping its currency tightly linked to the US dollar for years, China in July 2005 moved to an exchange rate system that references a basket of currencies. From mid-2005 to late 2008, the renminbi appreciated more than 20% against the US dollar, but the exchange rate remained virtually pegged to the dollar from the onset of the global financial crisis until June 2010, when Beijing announced it would allow a resumption of gradual liberalization. From 2013 until early2015, the renminbi (RMB) appreciated roughly 2% against the dollar, but the exchange rate fell 13% from mid-2015 until end-2016 amid strong capital outflows in part stemming from the August 2015 official devaluation; in 2017 the RMB resumed appreciating against the dollar – roughly 7% from end-of-2016 to end-of-2017. From 2013 to 2017, China had one of the fastest growing economies in the world, averaging slightly more than 7% real growth per year. In 2015, the People’s Bank of China announced it would continue to carefully push for full convertibility of the renminbi, after the currency was accepted as part of the IMF’s special drawing rights basket. However, since late 2015 the Chinese Government has strengthened capital controls and oversight of overseas investments to better manage the exchange rate and maintain financial stability.
The Chinese Government faces numerous economic challenges including: (a) reducing its high domestic savings rate and correspondingly low domestic household consumption; (b) managing its high corporate debt burden to maintain financial stability; (c) controlling off-balance sheet local government debt used to finance infrastructure stimulus; (d) facilitating higher-wage job opportunities for the aspiring middle class, including rural migrants and college graduates, while maintaining competitiveness; (e) dampening speculative investment in the real estate sector without sharply slowing the economy; (f) reducing industrial overcapacity; and (g) raising productivity growth rates through the more efficient allocation of capital and state-support for innovation. Economic development has progressed further in coastal provinces than in the interior, and by 2016 more than 169.3 million migrant workers and their dependents had relocated to urban areas to find work. One consequence of China’s population control policy known as the “one-child policy” - which was relaxed in 2016 to permit all families to have two children - is that China is now one of the most rapidly aging countries in the world. Deterioration in the environment - notably air pollution, soil erosion, and the steady fall of the water table, especially in the North - is another long-term problem. China continues to lose arable land because of erosion and urbanization. The Chinese Government is seeking to add energy production capacity from sources other than coal and oil, focusing on natural gas, nuclear, and clean energy development. In 2016, China ratified the Paris Agreement, a multilateral agreement to combat climate change, and committed to peak its carbon dioxide emissions between 2025 and 2030.
The government's 13th Five-Year Plan, unveiled in March 2016, emphasizes the need to increase innovation and boost domestic consumption to make the economy less dependent on government investment, exports, and heavy industry. However, China has made more progress on subsidizing innovation than rebalancing the economy. Beijing has committed to giving the market a more decisive role in allocating resources, but the Chinese Government’s policies continue to favor state-owned enterprises and emphasize stability. Chinese leaders in 2010 pledged to double China’s GDP by 2020, and the 13th Five Year Plan includes annual economic growth targets of at least 6.5% through 2020 to achieve that goal. In recent years, China has renewed its support for state-owned enterprises in sectors considered important to "economic security," explicitly looking to foster globally competitive industries. Chinese leaders also have undermined some market-oriented reforms by reaffirming the “dominant” role of the state in the economy, a stance that threatens to discourage private initiative and make the economy less efficient over time. The slight acceleration in economic growth in 2017—the first such uptick since 2010—gives Beijing more latitude to pursue its economic reforms, focusing on financial sector deleveraging and its Supply-Side Structural Reform agenda, first announced in late 2015.
|
Source
: CIA |
INVESTIGATION
RECORD
|
Name of Interviewee |
Ms. Huang |
|
Tel |
(86 570)2831423 |
|
Investigation Way |
Telephone |
ORDER DETAILS & INVESTIGATION RESULTS
|
- |
Order Information |
Verification |
|
Name(English) |
XIANHE
CO., LTD. |
Correct |
|
Address
(English) |
No.81
Tongjiang Road, Shenjia Development Zone of Quzhou City, Zhejiang 324022 |
Correct |
ABSTRACT
BASIC INFORMATION
|
Name (English) |
XIANHE CO., LTD. (Given by Official Sources) |
|
Unified Social Credit Code |
913308037344981434 |
|
AIC registration No. |
330803000012452 |
|
National Organization Code |
734498143 |
|
Company Status |
Operational |
|
Executive |
Wang Minliang |
|
Registered Capital |
CNY 550,000,000.00 |
|
Date of Establishment |
2001-12-19 |
|
Employee |
2,000 |
|
Website |
www.xianhepaper.com |
|
Company Size |
Large |
|
SIC (China) |
2221,Production of Machine-Made Paper and Cardboard |
|
Import and Export Enterprise Code |
3300734498143 |
|
Import/Export Permit |
Yes |
|
Judicial Records |
26 |
CONTACTS
|
Tel |
(86 570)2831423 |
|
Fax |
(86 570)2931631 |
|
Address |
No. 81, Tongjiang Road, Shenjia Economic Development Zone,
Qujiang Dist, Quzhou City, Zhejiang Province(Office / Manufacture) |
|
Address Post code |
324022 |
|
Ownership |
N/A |
GENERAL COMMENTS
|
RISK ANALYSIS |
|
Established in December of 2001 with the registered
capital of CNY 550,000,000.00, SC is mainly engaged in manufacture and sales
of special paper. With a long history, the company has rich industry
experience. Its strong shareholders can provide certain market base and
capital support for its business development. According to its current financial information, SC's
operating income of 2016 increased over that of 2015, indicating its business
was developed well in 2016. With high net profit margin of 2016, subject’s
profitability is good. The company’s turnover of total assets of 2016 is low,
indicating its assets operation capability is weak. As a whole, with low
liabilities to assets ratio of 2016, subject’s financial structure is good
and its long-term solvency is good. |
REGISTRATION INFORMATION
|
Unified Social Credit Code |
913308037344981434 |
|
AIC registration No. |
330803000012452 |
|
Date of Establishment |
2001-12-19 |
|
Registered Address |
No. 81, Tongjiang Road, Shenjia Economic Development Zone,
Qujiang Dist, Quzhou City, Zhejiang Province |
|
Registry |
Market Supervision Administration – Quzhou City |
|
Legal Representative |
Wang Minliang |
|
Legal Form |
Shares Limited Company (Unlisted) |
|
Registered Capital |
CNY 550,000,000.00 |
|
Paid-in Capital |
CNY 550,000,000.00 |
|
Latest Year of Annual Report |
2016 |
|
Operation duration |
Perpetual |
|
Business Scope |
R&D of paper, pulp and paper products; Manufacture of paper; Deep process of paper; Process of mechanical parts; Retail of pulp and raw materials (excluding hazardous
chemicals and precursor chemicals); Import and export of goods; Warehousing service (excluding dangerous goods); Road freight operation; Investment management and investment advisory service; Business operation of electricity sales; Branch is located in No. 69, Tianhu South Road, Qujiang
Dist, Quzhou City, engaged in Manufacture of paper; Deep process of paper;
Process of mechanical parts (Of the above business projects where a permit is
required, permit shall be obtained) |
REGISTRATION CHANGES
|
- |
Date |
Item Changed |
From |
To |
|
1 |
2016-09-13 |
Registered
capital |
CNY450,000,000.00 |
CNY550,000,000.00 |
|
2 |
2015-12-03 |
Name |
Zhejiang Xianhe Special Paper Co., Ltd |
XIANHE CO., LTD. |
|
3 |
2014-12-31 |
Shareholders |
Wang Minglong Wang Minqiang Wang Minliang ; Wang Minlan ZHEJIANG XIANHE HOLDINGS CO.,LTD. |
Wang Minglong ZHEJIANG XIANHE HOLDINGS CO.,LTD. |
|
4 |
2014-12-25 |
Registered
capital |
CNY150,000,000.00 |
CNY450,000,000.00 |
|
5 |
2014-12-25 |
Shareholders |
Wang Minglong ) Wang Minqiang Wang Minliang ; Wang Minlan |
Wang Minglong ); Wang Minqiang Wang Minliang Wang Minlan
ZHEJIANG XIANHE HOLDINGS CO.,LTD. |
|
6 |
2009-11-09 |
Registered
address |
No. 30, Tongjiang Road, Shenjia Economic Development Zone,
Qujiang Dist, Quzhou City, Zhejiang Province |
No. 81, Tongjiang Road, Shenjia Economic Development Zone,
Qujiang Dist, Quzhou City, Zhejiang Province |
|
7 |
2006-11-24 |
Registered
capital |
CNY50,000,000.00 |
CNY150,000,000.00 |
|
8 |
2003-10-31 |
Registered
address |
Shenjia Economic Development Zone, Qujiang Dist |
No. 30, Tongjiang Road, Shenjia Economic Development Zone,
Qujiang Dist, Quzhou City, Zhejiang Province |
SHAREHOLDER INFORMATION
|
- |
Name |
% Ownership |
Capital Contributed |
Currency |
Investment Way |
Paid-in % |
Country |
|
1 |
ZHEJIANG XIANHE HOLDINGS CO., LTD. |
98.18 |
540,000,000.00 |
CNY |
Capital |
100 |
China |
|
2 |
Wang Minglong (王明龙) |
1.82 |
10,000,000.00 |
CNY |
Capital |
100 |
China |
|
Total |
|
100.0 |
550,000,000 |
|
|
|
|
ENTITY
SHAREHOLDER
|
Name (English) |
ZHEJIANG XIANHE HOLDINGS CO., LTD. |
|
Country |
China |
|
Legal Representative |
Wang Minwen |
|
Registration No. |
330800000088561 |
|
Unified Social Credit Code |
91330800323439958R |
|
Date of Establishment |
2014-12-08 |
|
Legal Form |
Limited Liabilities Company |
|
Registered Capital |
CNY 300,000,000.00 |
|
Status |
Operational |
|
Registered Address |
Room 409, No. 333, Jiuhua North Avenue, Baiyun
Sub-district, Kecheng Dist, Quzhou City, Zhejiang Province |
ULTIMATE HOLDING
|
- |
Ultimate Shareholder |
Investment Way |
|
1 |
Wang
Minwen |
Capital |
|
English Name |
Wang Minwen |
|
Country |
China |
|
Type |
Natural person shareholder |
|
Investment Way |
Capital |
|
Note |
Wang Minwen -->32.00%
ZHEJIANG XIANHE HOLDINGS CO., LTD. -->98.18% XIANHE CO., LTD. |
No branch information of subject is searched from Gladtrust
database.
INVESTMENT IN OTHER
COMPANIES
|
- |
Name |
License Status |
Share Holding |
Currency |
% Ownership |
|
1 |
HENAN
XIANHE SPECIAL PULP AND PAPER CO., LTD. |
Operational |
100,000,000.00 |
CNY |
100.00 |
|
2 |
ZHEJIANG
GAOXU XIANHE HIGH POLYMER MATERIAL CO., LTD. |
Operational |
9,800,000.00 |
CNY |
49.00 |
|
3 |
KINGDECOR
(ZHEJIANG) CO., LTD. |
Operational |
16,300,000.00 |
USD |
50.00 |
|
4 |
ZHEJIANG
XIANHE NEW MATERIALS SALES CO., LTD. |
Operational |
100,000,000.00 |
CNY |
100.00 |
|
5 |
ZHEJIANG
XIANHE NEW ENERGY CO., LTD. |
Operational |
30,000,000.00 |
CNY |
100.00 |
|
6 |
ZHEJIANG
XIANLU PAPER PRODUCT CO., LTD. |
Operational |
18,750,000.00 |
CNY |
74.65 |
|
7 |
ZHEJIANG
EVERTHRIVE SPECIALTY PAPER CO., LTD. |
Operational |
50,000,000.00 |
CNY |
100.00 |
|
8 |
Zhejiang
Zhefeng New Material Co., Ltd. |
Operational |
200,000,000.00 |
CNY |
100.00 |
|
Name (English) |
HENAN XIANHE SPECIAL PULP AND PAPER CO., LTD. |
|
Unified Social Credit Code |
914113257919074250 |
|
License Status |
Operational |
|
Registration No. |
411325120001037 |
|
Name Of Legal Representative |
Wang Minqiang |
|
Legal Form |
Limited Liabilities Company |
|
Country |
China |
|
Registered Capital |
CNY 100,000,000.00 |
|
Type |
Subsidiary |
|
Date of Establishment |
2006-06-16 |
|
Share Holding |
100,000,000.00 |
|
Currency |
CNY |
|
Way of Investment |
Capital |
|
% Ownership |
100.00 |
|
Name (English) |
ZHEJIANG GAOXU XIANHE HIGH POLYMER MATERIAL CO., LTD. |
|
Unified Social Credit Code |
91330803071623483A |
|
License Status |
Operational |
|
Registration No. |
330803000027720 |
|
Name Of Legal Representative |
QUENTIN SHI |
|
Legal Form |
Limited Liabilities Company |
|
Country |
China |
|
Registered Capital |
CNY 20,000,000.00 |
|
Type |
Minority Shareholding |
|
Date of Establishment |
2013-06-21 |
|
Share Holding |
9,800,000.00 |
|
Currency |
CNY |
|
Way of Investment |
Capital |
|
% Ownership |
49.00 |
|
Name (English) |
KINGDECOR (ZHEJIANG) CO., LTD. |
|
Unified Social Credit Code |
913308007686956395 |
|
License Status |
Operational |
|
Registration No. |
330800400000802 |
|
Name Of Legal Representative |
Zhu Yi |
|
Legal Form |
Limited Liabilities Company (Sino-Foreign Joint Venture) |
|
Country |
China |
|
Registered Capital |
USD 32,600,000.00 |
|
Type |
Subsidiary |
|
Date of Establishment |
2004-11-26 |
|
Share Holding |
16,300,000.00 |
|
Currency |
USD |
|
Way of Investment |
Capital |
|
% Ownership |
50.00 |
|
Name (English) |
ZHEJIANG XIANHE NEW MATERIALS SALES CO., LTD. |
|
Unified Social Credit Code |
91330803MA29THTK1X |
|
License Status |
Operational |
|
Registration No. |
330803000063102 |
|
Name Of Legal Representative |
Wang Minliang |
|
Legal Form |
Limited Liabilities Company |
|
Country |
China |
|
Registered Capital |
CNY 100,000,000.00 |
|
Type |
Subsidiary |
|
Date of Establishment |
2017-09-01 |
|
Share Holding |
100,000,000.00 |
|
Currency |
CNY |
|
Way of Investment |
Capital |
|
% Ownership |
100.00 |
|
Name (English) |
ZHEJIANG XIANHE NEW ENERGY CO., LTD. |
|
Unified Social Credit Code |
913308033074210963 |
|
License Status |
Operational |
|
Registration No. |
330803000035787 |
|
Name Of Legal Representative |
Wang Minliang |
|
Legal Form |
Limited Liabilities Company |
|
Country |
China |
|
Registered Capital |
CNY 30,000,000.00 |
|
Type |
Subsidiary |
|
Date of Establishment |
2014-06-17 |
|
Share Holding |
30,000,000.00 |
|
Currency |
CNY |
|
Way of Investment |
Capital |
|
% Ownership |
100.00 |
|
Name (English) |
ZHEJIANG XIANLU PAPER PRODUCT CO., LTD. |
|
Unified Social Credit Code |
91330800051333761K |
|
License Status |
Operational |
|
Registration No. |
330800400002159 |
|
Name Of Legal Representative |
Wang Minliang |
|
Legal Form |
Limited Liabilities Company (Sino-Foreign Joint Venture) |
|
Country |
China |
|
Registered Capital |
CNY 25,115,789.00 |
|
Type |
Subsidiary |
|
Date of Establishment |
2012-08-22 |
|
Share Holding |
18,750,000.00 |
|
Currency |
CNY |
|
Way of Investment |
Capital |
|
% Ownership |
74.65 |
|
Name (English) |
ZHEJIANG EVERTHRIVE SPECIALTY PAPER CO., LTD. |
|
Unified Social Credit Code |
91330800MA28FQ6684 |
|
License Status |
Operational |
|
Registration No. |
330800000112958 |
|
Name Of Legal Representative |
Wang Minliang |
|
Legal Form |
Limited Liabilities Company |
|
Country |
China |
|
Registered Capital |
CNY 50,000,000.00 |
|
Type |
Subsidiary |
|
Date of Establishment |
2017-03-29 |
|
Share Holding |
50,000,000.00 |
|
Currency |
CNY |
|
Way of Investment |
Capital |
|
% Ownership |
100.00 |
|
Name (English) |
Zhejiang Zhefeng New Material Co., Ltd. |
|
Unified Social Credit Code |
913308220979123635 |
|
License Status |
Operational |
|
Registration No. |
330822000033255 |
|
Name Of Legal Representative |
Wang Minliang |
|
Legal Form |
Limited Liabilities Company |
|
Country |
China |
|
Registered Capital |
CNY 200,000,000.00 |
|
Type |
Subsidiary |
|
Date of Establishment |
2014-04-23 |
|
Share Holding |
200,000,000.00 |
|
Currency |
CNY |
|
Way of Investment |
Capital |
|
% Ownership |
100.00 |
MANAGEMENT
|
Name |
Wang Minliang |
|
Country |
China |
|
Position |
Chairman; General Manager |
|
Gender |
Male |
INVOLVEMENT
IN OTHER COMPANIES
|
- |
Name (English) |
License Status |
Legal
Representative |
Position |
Type
of Engagement |
|
1 |
HENAN
XIANHE SPECIAL PULP AND PAPER CO., LTD. |
Operational |
NO |
Director |
Directorship |
|
2 |
ZHEJIANG
CHANGFENG SPECIAL PAPER CO.,LTD. |
Operational |
YES |
Chairman;
General manager |
Directorship |
|
3 |
ZHEJIANG
GAOXU XIANHE HIGH POLYMER MATERIAL CO., LTD. |
Operational |
NO |
Director |
Directorship |
|
4 |
Zhejiang
Kingdecor New Energy Co., Ltd. |
Operational |
NO |
Director |
Directorship |
|
5 |
KINGDECOR
(ZHEJIANG) CO., LTD. |
Operational |
NO |
Director |
Directorship |
|
6 |
ZHEJIANG
XIANHE HOLDINGS CO., LTD. |
Operational |
NO |
Director |
Directorship; Investment(30.00%) |
|
7 |
ZHEJIANG
XIANHE NEW MATERIALS SALES CO., LTD. |
Operational |
YES |
Executive
director |
Directorship |
|
8 |
ZHEJIANG
XIANHE NEW ENERGY CO., LTD. |
Operational |
YES |
Chairman;
General manager |
Directorship |
|
9 |
ZHEJIANG
XIANLU PAPER PRODUCT CO., LTD. |
Operational |
YES |
Chairman;
General manager |
Directorship |
|
10 |
ZHEJIANG
EVERTHRIVE SPECIALTY PAPER CO., LTD. |
Operational |
YES |
Executive
director and general manager |
Directorship |
|
11 |
Zhejiang
Zhefeng Energy Development Co., Ltd. |
Operational |
YES |
Chairman;
General manager |
Directorship |
|
12 |
Zhejiang
Zhefeng New Material Co., Ltd. |
Operational |
YES |
Chairman;
General manager |
Directorship |
|
13 |
Quzhou
Xianhe Cultural and Creative Co., Ltd. |
Operational |
YES |
Executive
director |
Directorship |
|
Name (English) |
HENAN XIANHE SPECIAL PULP AND PAPER CO., LTD. |
|
License Status |
Operational |
|
Name Of Legal Representative |
Wang Minqiang |
|
Registered Capital |
CNY 100,000,000.00 |
|
Country |
China |
|
Registration No. |
411325120001037 |
|
Unified Social Credit Code |
914113257919074250 |
|
Legal Form |
Limited Liabilities Company |
|
Position |
Director |
|
Date of Establishment |
2006-06-16 |
|
Name (English) |
ZHEJIANG CHANGFENG SPECIAL PAPER CO.,LTD. |
|
License Status |
Operational |
|
Name Of Legal Representative |
Wang Minliang |
|
Registered Capital |
CNY 50,000,000.00 |
|
Country |
China |
|
Registration No. |
330822000033907 |
|
Unified Social Credit Code |
91330822307499504G |
|
Legal Form |
Limited Liabilities Company |
|
Position |
Chairman; General manager |
|
Date of Establishment |
2014-05-28 |
|
Name (English) |
ZHEJIANG GAOXU XIANHE HIGH POLYMER MATERIAL CO., LTD. |
|
License Status |
Operational |
|
Name Of Legal Representative |
QUENTIN SHI |
|
Registered Capital |
CNY 20,000,000.00 |
|
Country |
China |
|
Registration No. |
330803000027720 |
|
Unified Social Credit Code |
91330803071623483A |
|
Legal Form |
Limited Liabilities Company |
|
Position |
Director |
|
Date of Establishment |
2013-06-21 |
|
Name (English) |
Zhejiang Kingdecor New Energy Co., Ltd. |
|
License Status |
Operational |
|
Name Of Legal Representative |
Zhu Yi |
|
Registered Capital |
CNY 30,000,000.00 |
|
Country |
China |
|
Registration No. |
330803000035795 |
|
Unified Social Credit Code |
913308033074230244 |
|
Legal Form |
Limited Liabilities Company |
|
Position |
Director |
|
Date of Establishment |
2014-06-17 |
|
Name (English) |
KINGDECOR (ZHEJIANG) CO., LTD. |
|
License Status |
Operational |
|
Name Of Legal Representative |
Zhu Yi |
|
Registered Capital |
USD 32,600,000.00 |
|
Country |
China |
|
Registration No. |
330800400000802 |
|
Unified Social Credit Code |
913308007686956395 |
|
Legal Form |
Limited Liabilities Company (Sino-Foreign Joint Venture) |
|
Position |
Director |
|
Date of Establishment |
2004-11-26 |
|
Name (English) |
ZHEJIANG XIANHE HOLDINGS CO., LTD. |
|
License Status |
Operational |
|
Name Of Legal Representative |
Wang Minwen |
|
Registered Capital |
CNY 300,000,000.00 |
|
Country |
China |
|
Registration No. |
330800000088561 |
|
Unified Social Credit Code |
91330800323439958R |
|
Legal Form |
Limited Liabilities Company |
|
Share Holding |
90,000,000.00 |
|
Currency Of Share Holding |
CNY |
|
Way of Investment |
Capital |
|
% Ownership |
30.00 |
|
Position |
Director |
|
Date of Establishment |
2014-12-08 |
|
Name (English) |
ZHEJIANG XIANHE NEW MATERIALS SALES CO., LTD. |
|
License Status |
Operational |
|
Name Of Legal Representative |
Wang Minliang |
|
Registered Capital |
CNY 100,000,000.00 |
|
Country |
China |
|
Registration No. |
330803000063102 |
|
Unified Social Credit Code |
91330803MA29THTK1X |
|
Legal Form |
Limited Liabilities Company |
|
Position |
Executive director |
|
Date of Establishment |
2017-09-01 |
|
Name (English) |
ZHEJIANG XIANHE NEW ENERGY CO., LTD. |
|
License Status |
Operational |
|
Name Of Legal Representative |
Wang Minliang |
|
Registered Capital |
CNY 30,000,000.00 |
|
Country |
China |
|
Registration No. |
330803000035787 |
|
Unified Social Credit Code |
913308033074210963 |
|
Legal Form |
Limited Liabilities Company |
|
Position |
Chairman; General manager |
|
Date of Establishment |
2014-06-17 |
|
Name (English) |
ZHEJIANG XIANLU PAPER PRODUCT CO., LTD. |
|
License Status |
Operational |
|
Name Of Legal Representative |
Wang Minliang |
|
Registered Capital |
CNY 25,115,789.00 |
|
Country |
China |
|
Registration No. |
330800400002159 |
|
Unified Social Credit Code |
91330800051333761K |
|
Legal Form |
Limited Liabilities Company (Sino-Foreign Joint Venture) |
|
Position |
Chairman; General manager |
|
Date of Establishment |
2012-08-22 |
|
Name (English) |
ZHEJIANG EVERTHRIVE SPECIALTY PAPER CO., LTD. |
|
License Status |
Operational |
|
Name Of Legal Representative |
Wang Minliang |
|
Registered Capital |
CNY 50,000,000.00 |
|
Country |
China |
|
Registration No. |
330800000112958 |
|
Unified Social Credit Code |
91330800MA28FQ6684 |
|
Legal Form |
Limited Liabilities Company |
|
Position |
Executive director and general manager |
|
Date of Establishment |
2017-03-29 |
|
Name (English) |
Zhejiang Zhefeng Energy Development Co., Ltd. |
|
License Status |
Operational |
|
Name Of Legal Representative |
Wang Minliang |
|
Registered Capital |
CNY 100,000,000.00 |
|
Country |
China |
|
Registration No. |
330822000034151 |
|
Unified Social Credit Code |
913308223073392608 |
|
Legal Form |
Limited Liabilities Company |
|
Position |
Chairman; General manager |
|
Date of Establishment |
2014-06-13 |
|
Name (English) |
Zhejiang Zhefeng New Material Co., Ltd. |
|
License Status |
Operational |
|
Name Of Legal Representative |
Wang Minliang |
|
Registered Capital |
CNY 200,000,000.00 |
|
Country |
China |
|
Registration No. |
330822000033255 |
|
Unified Social Credit Code |
913308220979123635 |
|
Legal Form |
Limited Liabilities Company |
|
Position |
Chairman; General manager |
|
Date of Establishment |
2014-04-23 |
|
Name (English) |
Quzhou Xianhe Cultural and Creative Co., Ltd. |
|
License Status |
Operational |
|
Name Of Legal Representative |
Wang Minliang |
|
Registered Capital |
CNY 5,000,000.00 |
|
Country |
China |
|
Registration No. |
330800000072395 |
|
Unified Social Credit Code |
913308020762062916 |
|
Legal Form |
Limited Liabilities Company |
|
Position |
Executive director |
|
Date of Establishment |
2013-08-14 |
MANAGEMENT
|
- |
Name |
Position |
Gender |
|
1 |
Wang
Minliang |
Chairman;
General Manager |
Male |
DIRECTORS AND SUPERVISORS
|
- |
Name |
Position |
Gender |
|
1 |
Wang
Minliang |
Chairman;
General Manager |
Male |
|
2 |
Wang
Hongxiang |
Director |
Male |
|
3 |
Jian
Desan |
Director |
Male |
|
4 |
Wang
Minqiang |
Director |
Male |
|
5 |
Wang
Minlan |
Director |
Male |
|
6 |
Hu
Kaitang |
Director |
Male |
|
7 |
Wang
Minglong |
Director |
Male |
|
8 |
Zhang
Jiaming |
Supervisor |
Male |
|
9 |
Zhang
Cheng |
Supervisor |
Male |
|
10 |
Zhang
Jiuhai |
Supervisor |
Male |
JUDICIAL
INFORMATION
There are totally 26 judicial records related to subject
checked. Maximum 10 records of each part of judicial information is
provided in the report for reference.
DEFAULT EXECUTED PARTY
As of the reporting date, no related record about subject is
found through below sources:
A. Website of China Court Organization;
B. Websites of local courts of subject's location;
C. Websites of major domestic courts;
SUBJECT AS EXECUTED PARTY
As of the reporting date, through website of China Court
Organization, websites of local courts of subject's location, websites of major
domestic courts and judicial information of Gladtrust database, the total
amount executed against subject is CNY 550,000.
|
Name |
XIANHE CO., LTD. |
|
Government ID. / AIC Registration No. |
734498143 |
|
Execution Court |
People’s Court of Qujiang District, Quzhou City |
|
Court Type |
Grassroots People's Court |
|
File No. |
(2018) ZHE 0803 Zhi 412 |
|
File Date |
2018-02-11 |
|
Status |
Pending |
|
Value |
550,000.00 |
|
Currency |
CNY |
CIVIL & COMMERCIAL
TRIAL PROCESS
|
Name |
XIANHE CO., LTD. |
|
Government ID. / AIC Registration No. |
913308037344981434 |
|
File No. |
(2017) ZHE 0803 Min Chu 2170 |
|
Position |
Plaintiff |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City |
|
Date Type |
Filing Date |
|
Date |
2017-07-12 |
|
Name |
XIANHE CO., LTD. |
|
Government ID. / AIC Registration No. |
913308037344981434 |
|
File No. |
(2016) ZHE 0803 Min Chu 2706 |
|
Position |
Plaintiff |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City |
|
Date Type |
Trial Date |
|
Date |
2017-01-25 |
|
Cause |
Sales contract dispute |
|
Name |
Zhejiang Xianhe Special Paper Co., Ltd (SC's previous
name) |
|
File No. |
(2016) ZHE 0803 Li Yu 176 |
|
Position |
Defendant |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City |
|
Date Type |
Trial Date |
|
Date |
2016-10-17 |
|
Cause |
Dissension of employers' responsibility |
|
Name |
Zhejiang Xianhe Special Paper Co., Ltd (SC's previous
name) |
|
File No. |
(2016) ZHE 0803 Min Chu 2565 |
|
Position |
Defendant |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City |
|
Date Type |
Filing Date |
|
Date |
2016-10-17 |
|
Name |
Zhejiang Xianhe Special Paper Co., Ltd (SC's previous
name) |
|
File No. |
(2016) ZHE 0803 Li Yu 176 |
|
Position |
Appellee |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City |
|
Date Type |
Filing Date |
|
Date |
2016-09-08 |
|
Name |
Zhejiang Xianhe Special Paper Co., Ltd (SC's previous
name) |
|
File No. |
(2016) ZHE 0803 Li Yu 00089 |
|
Position |
Defendant |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City |
|
Date Type |
Trial Date |
|
Date |
2016-08-26 |
|
Cause |
Dissension of employers' responsibility |
|
Name |
Zhejiang Xianhe Special Paper Co., Ltd (SC's previous
name) |
|
File No. |
(2015) QU Long Shang Chu Zi 00703 |
|
Position |
Plaintiff |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City |
|
Date Type |
Filing Date |
|
Date |
2015-09-14 |
|
Name |
Zhejiang Xianhe Special Paper Co., Ltd (SC's previous
name) |
|
File No. |
(2015) QU Shang Chu Zi 00672 |
|
Position |
Plaintiff |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City |
|
Date Type |
Filing Date |
|
Date |
2015-09-14 |
|
Name |
Zhejiang Xianhe Special Paper Co., Ltd (SC's previous
name) |
|
File No. |
(2015) QU Shang Chu Zi 00446 |
|
Position |
Plaintiff |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City, Zhejiang
Province |
|
Date Type |
Trial Date |
|
Date |
2015-08-19 |
|
Cause |
Sales contract dispute |
|
Name |
Zhejiang Xianhe Special Paper Co., Ltd (SC's previous
name) |
|
File No. |
(2015) QU Shang Chu Zi 00446 |
|
Position |
Plaintiff |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City |
|
Date Type |
Filing Date |
|
Date |
2015-07-01 |
CIVIL & COMMERCIAL
JUDGMENT DOCUMENT
|
Name |
XIANHE CO., LTD. |
|
File No. |
(2017) ZHE 0803 Zhi 541 |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City, Zhejiang
Province |
|
Court Type |
Grassroots People's Court |
|
Cause of Action |
Implementation of case |
|
Value |
0 |
|
Position |
Execution applicant |
|
Date of Closing |
2017-07-20 |
|
Name |
XIANHE CO., LTD. |
|
File No. |
(2017) ZHE 0803 Zhi 541－1 |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City, Zhejiang
Province |
|
Court Type |
Grassroots People's Court |
|
Cause of Action |
Implementation of the case |
|
Value |
0 |
|
Position |
Execution applicant |
|
Date of Closing |
2017-03-20 |
|
Name |
XIANHE CO., LTD. |
|
Government ID. / AIC Registration No. |
913308037344981434 |
|
File No. |
(2016) ZHE 0803 Min Chu 2706 |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City, Zhejiang
Province |
|
Court Type |
Grassroots People's Court |
|
Cause of Action |
Sales contract dispute |
|
Value |
1,254,973.2000 |
|
Position |
Plaintiff |
|
Date of Closing |
2017-01-25 |
|
Name |
XIANHE CO., LTD. |
|
Government ID. / AIC Registration No. |
913308037344981434 |
|
File No. |
(2016) ZHE 0803 Zhi 34 |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City, Zhejiang
Province |
|
Court Type |
Grassroots People's Court |
|
Cause of Action |
Sales contract dispute |
|
Value |
0 |
|
Position |
Execution applicant |
|
Date of Closing |
2016-04-07 |
|
Name |
Zhejiang Xianhe Special Paper Co., Ltd (SC's previous
name) |
|
File No. |
(2015) QU Shang Chu Zi 672 |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City, Zhejiang
Province |
|
Court Type |
Grassroots People's Court |
|
Cause of Action |
Sales contract dispute |
|
Value |
911,948.4000 |
|
Position |
Plaintiff |
|
Date of Closing |
2015-10-29 |
|
Name |
Zhejiang Xianhe Special Paper Co., Ltd (SC's previous
name) |
|
File No. |
(2015) E Dong Xi Hu Zhi Zi 00169 |
|
Hearing Court |
People's Court of Dongxihu Dist, Wuhan City, Hubei
Province |
|
Court Type |
Grassroots People's Court |
|
Cause of Action |
Private lending disputes |
|
Value |
0 |
|
Position |
Execution applicant |
|
Date of Closing |
2015-07-23 |
|
Name |
Zhejiang Xianhe Special Paper Co., Ltd (SC's previous
name) |
|
File No. |
(2010) QU Bao Zi 47 |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City, Zhejiang
Province |
|
Court Type |
Grassroots People's Court |
|
Cause of Action |
Dispute of transportation contract |
|
Value |
0 |
|
Position |
Appellor |
|
Date of Closing |
2010-09-28 |
|
Name |
Zhejiang Xianhe Special Paper Co., Ltd (SC's previous
name) |
|
File No. |
(2010) QU Shang Chu Zi 778 |
|
Hearing Court |
People’s Court of Qujiang District, Quzhou City, Zhejiang
Province |
|
Court Type |
Grassroots People's Court |
|
Cause of Action |
Dispute over the right of recourse |
|
Value |
3,050,000.0000 |
|
Position |
Plaintiff |
|
Date of Closing |
2010-08-27 |
ADMINISTRATIVE ILLEGAL
RECORDS
As of the reporting date, no related record about subject is
found through below sources:
A. Website of China Court Organization;
B. Websites of local courts of subject's location;
C. Websites of major domestic courts;
OPERATION & TRENDS
|
Main Business |
Manufacture and sales of special paper |
|
Products & Service |
SC is mainly engaged in manufacture and sales of special
paper. Its main products are tobacco industry paper, household decoration
paper, business communication and anti-counterfeiting paper, food and medical
packaging paper, label off type paper, electrical and industrial paper, heat
transfer printing paper, low quantitative publication printing paper, etc.
Subject's products are widely applied in tobacco, industry, home, printing,
food and other industries. |
|
OTHER INFORMATION |
SC has passed ISO9001 (quality management system
certification), ISO14001 (environmental management system certification),
OHSAS18001 (occupational health and safety management system certification),
FSC COC (FSC-C110766) production and marketing chain certification and other
certifications, QS production license and CMA metrology certification. Its products
are awarded as Green Enterprise in Zhejiang Province; Famous Product in
Zhejiang Province; Famous Brand in Zhejiang Province, etc. |
OPERATION FACILITIES
|
Business Address |
No. 81, Tongjiang Road, Shenjia Economic Development Zone,
Qujiang Dist, Quzhou City, Zhejiang Province(Office / Manufacture) |
|
Tel |
(86 570)2831423 |
|
Fax |
(86 570)2931631 |
|
Post code |
324022 |
|
Environment |
Main industrial area |
|
Ownership |
N/A |
|
Traffic Condition |
Convenient |
|
Region |
Products |
Customer Type |
Number of Customers |
Payment Terms |
Region |
Percentage |
|
|
Domestic |
Special
paper and other products |
Cigarette factories, food factories, printing plants,
electrical appliance plants, etc. |
30家以上 |
Prompt payment; Credit payment |
All
over China |
90 |
|
|
International |
Special paper and other products |
Traders and so on |
Above 10 |
T/T; L/C |
Southeast Asia, Europe and America, etc. |
10 |
|
|
OTHER INFORMATION |
SC's products are sold at home and abroad and the company
concentrates on the domestic market. Its domestic sales business is developed
all over China and the company also exports products to South Korea, India,
Iran, Taiwan, Hong Kong, etc. Subject's products mainly are sold directly to
cigarette factories, food factories, printing plants, electrical appliance
plants, traders, etc. |
||||||
MAJOR CUSTOMERS
|
- |
Name |
Legal Form |
Country |
|
1 |
Ansteel Group Corporation |
Limited Liabilities Company (State-Owned) |
China |
|
2 |
NANJING AMITY DEVELOPMENT CO., LTD. |
Limited Liabilities Company |
China |
|
3 |
Shanwei Gaofeng Kete Paper Co., Ltd. |
Shares Limited Company (Unlisted, Sino-Foreign Joint
Venture) |
China |
|
4 |
ZHEJIANG TECHMAY NEW MATERIALS CO., LTD. |
Shares Limited Company (Unlisted) |
China |
|
Name (English) |
Ansteel Group Corporation |
|
Country |
China |
|
Legal Form |
Limited Liabilities Company (State-Owned) |
|
Name (English) |
NANJING AMITY DEVELOPMENT CO., LTD. |
|
Country |
China |
|
Legal Form |
Limited Liabilities Company |
|
Name (English) |
Shanwei Gaofeng Kete Paper Co., Ltd. |
|
Country |
China |
|
Legal Form |
Shares Limited Company (Unlisted, Sino-Foreign Joint
Venture) |
|
Name (English) |
ZHEJIANG TECHMAY NEW MATERIALS CO., LTD. |
|
Country |
China |
|
Legal Form |
Shares Limited Company (Unlisted) |
|
Region |
Main Products Purchased |
Number of Suppliers |
Payment Terms |
Region |
Percentage |
|
|
Domestic |
Wood pulp, production equipment, office supplies, etc. |
Above 10 |
Prompt payment; Credit payment |
All over China |
20 |
|
|
International |
Wood
pulp, production equipment, etc. |
Above 10 |
T/T; L/C |
Southeast
Asia, Europe and America, etc. |
80 |
|
|
OTHER INFORMATION |
SC's products are purchased at home and abroad. Its
domestic purchase business is mainly developed in Zhejiang Province and the
surrounding areas. Subject also imports products from Chile, Canada,
Indonesia, Brazil, Russian Federation, etc. With years of operation,the
company has stable cooperation with its suppliers. |
|||||
MAJOR SUPPLIERS
|
- |
Name |
Legal
Form |
Country |
|
1 |
CellMark
AB |
- |
N/A |
|
2 |
Royal
Golden Eagle |
- |
N/A |
|
3 |
Rui'an
City Licheng Machinery Co., Ltd. |
Limited
Liabilities Company |
China |
|
4 |
Zhejiang
Longquan Jianzhen Ceramics Co., Ltd. |
Limited
Liabilities Company |
China |
|
Name (English) |
CellMark AB |
|
Country |
N/A |
|
Name (English) |
Royal Golden Eagle |
|
Country |
N/A |
|
Name (English) |
Rui'an City Licheng Machinery Co., Ltd. |
|
Country |
China |
|
Legal Form |
Limited Liabilities Company |
|
Name (English) |
Zhejiang Longquan Jianzhen Ceramics Co., Ltd. |
|
Country |
China |
|
Legal Form |
Limited Liabilities Company |
|
- |
Supplier Name |
Product Supplied |
Cooperation Period |
Payment History |
|
1 |
Rui'an City Licheng Machinery
Co., Ltd. |
Slitting machines |
- |
Prompt |
|
Name (English) |
Rui'an City Licheng Machinery Co., Ltd. |
|
Country |
China |
|
Product Supplied |
Slitting machines |
|
Payment History |
Prompt |
|
Date of Interview |
2018-02-26 |
|
Name of Interviewee |
Mr. Qu |
|
Position |
Sales staff |
|
Tel |
(86) 13758782765 |
|
Comment |
The above referee confirmed subject is one of the above
company’s clients and subject made payment in time. |
Ø MORTGAGE
|
- |
File No. |
Mortgagee Name |
Mortgagee Type |
Mortgagor Name |
Collateral |
|
1 |
Qu
Jiang Gong Shang Di Deng Zi [2018] 9 |
Shanghai
Pudong Development Bank Co., Ltd. Quzhou Branch |
- |
- |
Soft
pressure arc roller (rubber surface) |
|
2 |
Qu
Jiang Gong Shang Di Deng Zi [2018] 8 |
Shanghai
Pudong Development Bank Co., Ltd. Quzhou Branch |
- |
- |
Copper
net |
|
3 |
Qu
Jiang Gong Shang Di Deng Zi [2018] 7 |
Shanghai
Pudong Development Bank Co., Ltd. Quzhou Branch |
- |
- |
Forklift
in Donggang Factory |
|
4 |
Qu
Jiang Gong Shang Di Deng Zi [2018] 41 |
Shanghai
Pudong Development Bank Co., Ltd. Quzhou Branch |
- |
- |
Pneumatic
regulating valve |
|
File No. |
Qu Jiang Gong Shang Di Deng Zi [2018] 9 |
|
Mortgagee Registration No. |
91330800556195923G |
|
Mortgagee Name |
Shanghai Pudong Development Bank Co., Ltd. Quzhou Branch |
|
Mortgage Type |
Chattel mortgage |
|
Collateral |
Soft pressure arc roller (rubber surface) |
|
Quantity, quality, condition, location, etc |
Quantity: 1; Quality: qualified; Address: No. 69, Tianhu
South Road, Qujiang Dist, Quzhou City |
|
Type of Principal Debt |
Other |
|
Coverage |
The principal creditor's rights, and also the resulting
interest (as referred to in this contract including interest interest,
penalty interest and compound interest), liquidated damages, damages, and
other fees incurred for signing or performance of the contract fee, and the
pledgee realizes the guarantee of the rights and claims from the charge |
|
Principal Claim Amount |
CNY 160,000,000 |
|
Start Date |
2018-01-18 |
|
End Date |
2023-01-18 |
|
File Party |
Administration Bureau for Industry and Commerce - Qujiang
Dist |
|
File No. |
Qu Jiang Gong Shang Di Deng Zi [2018] 8 |
|
Mortgagee Registration No. |
91330800556195923G |
|
Mortgagee Name |
Shanghai Pudong Development Bank Co., Ltd. Quzhou Branch |
|
Mortgage Type |
Chattel mortgage |
|
Collateral |
Copper net |
|
Quantity, quality, condition, location, etc |
Quantity: 1; Quality: qualified; Address: No. 69, Tianhu
South Road, Qujiang Dist, Quzhou City |
|
Type of Principal Debt |
Other |
|
Coverage |
The principal creditor's rights, and also the resulting
interest (as referred to in this contract including interest interest,
penalty interest and compound interest), liquidated damages, damages, and
other fees incurred for signing or performance of the contract fee, and the
pledgee realizes the guarantee of the rights and claims from the charge |
|
Principal Claim Amount |
CNY 20,000,000 |
|
Start Date |
2018-01-18 |
|
End Date |
2023-01-18 |
|
File Party |
Administration Bureau for Industry and Commerce - Qujiang
Dist |
|
File No. |
Qu Jiang Gong Shang Di Deng Zi [2018] 7 |
|
Mortgagee Registration No. |
91330800556195923G |
|
Mortgagee Name |
Shanghai Pudong Development Bank Co., Ltd. Quzhou Branch |
|
Mortgage Type |
Chattel mortgage |
|
Collateral |
Forklift in Donggang Factory |
|
Quantity, quality, condition, location, etc |
Quantity: 1; Quality: qualified; Address: No. 69, Tianhu
South Road, Qujiang Dist, Quzhou City |
|
Type of Principal Debt |
Other |
|
Coverage |
The principal creditor's rights, and also the resulting
interest (as referred to in this contract including interest interest,
penalty interest and compound interest), liquidated damages, damages, and
other fees incurred for signing or performance of the contract fee, and the
pledgee realizes the guarantee of the rights and claims from the charge |
|
Principal Claim Amount |
CNY 120,350,000 |
|
Start Date |
2018-01-18 |
|
End Date |
2023-01-18 |
|
File Party |
Administration Bureau for Industry and Commerce - Qujiang
Dist |
|
File No. |
Qu Jiang Gong Shang Di Deng Zi [2018] 41 |
|
Mortgagee Registration No. |
91330800556195923G |
|
Mortgagee Name |
Shanghai Pudong Development Bank Co., Ltd. Quzhou Branch |
|
Mortgage Type |
Chattel mortgage |
|
Collateral |
Pneumatic regulating valve |
|
Quantity, quality, condition, location, etc |
Quantity: 1; Quality: qualified; Address: Zhejiang Tongpu
Automatic Control Equipment Co., Ltd. |
|
Type of Principal Debt |
Other |
|
Coverage |
The principal creditor's rights, and also the resulting
interest (as referred to in this contract including interest interest,
penalty interest and compound interest), liquidated damages, damages, and other
fees incurred for signing or performance of the contract fee, and the pledgee
realizes the guarantee of the rights and claims from the charge |
|
Principal Claim Amount |
CNY 103,930,000 |
|
Start Date |
2016-09-06 |
|
End Date |
2019-09-06 |
|
File Party |
Administration Bureau for Industry and Commerce - Qujiang
Dist |
ELECTRICITY CONSUMPTION
RECORD
No electricity consumption record of subject can be obtained
as the electricity consumer may not be filed with subject's name.
QUALIFICATIONS
|
- |
Name |
Image |
Registration
No. |
International Classification |
Country |
|
1 |
- |
- |
22330783 |
1 |
China |
|
2 |
- |
- |
22330960 |
27 |
China |
|
3 |
- |
- |
22330943 |
34 |
China |
|
4 |
- |
- |
22330996 |
40 |
China |
|
5 |
- |
- |
22329311 |
16 |
China |
PATENT
|
- |
Patent Name |
Patent Type |
Status |
Application No. |
Application date |
Classification |
Publication No. |
|
1 |
The cylinder pressure machine flow slurry etc. |
Patent for utility models |
Approved |
CN201720647843.X |
2017-06-06 |
D21F1/06(2006.01)I |
CN206815085U |
|
2 |
Production method of paper paper for cigarette use |
Invention |
Published |
CN201710264848.9 |
2017-04-21 |
D21H27/00(2006.01)I; D21F11/00(2006.01)I;
D21H23/52(2006.01)I; D21H25/06(2006.01)I; D21G1/00(2006.01)I |
CN107059481A |
|
3 |
Production method of high performance stainless steel
liner paper for oil absorption |
Invention |
Published |
CN201710244016.0 |
2017-04-14 |
D21H11/04(2006.01)I; D21H17/29(2006.01)I;
D21H17/68(2006.01)I; D21H21/14(2006.01)I; D21H21/20(2006.01)I |
CN107044067A |
|
4 |
Production method of wood pulp and water spunlaced
nonwoven fabric |
Invention |
Published |
CN201710173412.9 |
2017-03-22 |
D21F11/00(2006.01)I; D21F3/00(2006.01)I;
D21F5/02(2006.01)I; D21H21/12(2006.01)I; D21H27/00(2006.01)I |
CN106996054A |
|
5 |
Automatic waste paper packing machine |
Patent for utility models |
Approved |
CN201720251553.3 |
2017-03-15 |
B30B1/38(2006.01)I; B30B9/30(2006.01)I; B30B15/00(2006.01)I |
CN206796611U |
|
6 |
Molding paper tray finishing device |
Patent for utility models |
Approved |
CN201720228505.2 |
2017-03-10 |
B65H75/18(2006.01)I |
CN206767311U |
|
7 |
Dryer scraper trimming machine |
Invention |
Published |
CN201710078217.8 |
2017-02-14 |
B24B3/36(2006.01)I; B24B41/00(2006.01)I;
B24B41/02(2006.01)I; B24B55/02(2006.01)I |
CN106863029A |
|
8 |
The production process of baking paper |
Invention |
Published |
CN201710077860.9 |
2017-02-14 |
D21H11/02(2006.01)I; D21H17/29(2006.01)I;
D21H21/12(2006.01)I; D21H23/32(2006.01)I; D21H25/06(2006.01)I;
D21H21/20(2006.01)I; D21H21/16(2006.01)I; D21H19/10(2006.01)I;
D21H17/55(2006.01)I; D21F11/00(2006.01)I; D21D1/02(2006.01)I;
D21F5/04(2006.01)I; D21G1/00(2006.01)I |
CN106868922A |
|
9 |
Paper and its production method for single side light smoke |
Invention |
Published |
CN201610006081.5 |
2016-01-07 |
D21D1/20(2006.01)I; D21H23/04(2006.01)I;
D21F5/04(2006.01)I; D21F3/02(2006.01)I |
CN105442373A |
|
10 |
The production method of salt bag paper |
Invention |
Published |
CN201610006357.X |
2016-01-07 |
D21H27/10(2006.01)I; D21H13/02(2006.01)I;
D21H17/67(2006.01)I; D21H21/18(2006.01)I; D21H21/16(2006.01)I;
D21H21/10(2006.01)I; D21H21/08(2006.01)I; D21H21/12(2006.01)I |
CN105603828A |
|
11 |
Using tissue delivery and production process of electronic
components |
Invention |
Published |
CN201610005755.X |
2016-01-07 |
D21F11/00(2006.01)I; D21H11/02(2006.01)I;
D21H21/08(2006.01)I; D21H21/12(2006.01)I; D21H21/16(2006.01)I |
CN105648825A |
|
12 |
Paper making technology of anti-static dust free paper
containing carbon fiber |
Invention |
Published |
CN201610000804.0 |
2016-01-04 |
D04H1/4242(2012.01)I; D04H1/541(2012.01)I;
D04H1/60(2012.01)I; D04H1/732(2012.01)I; D21H13/50(2006.01)I;
D21H15/12(2006.01)I; D21H21/14(2006.01)I; D21H21/18(2006.01)I;
D21H21/20(2006.01)I |
CN105624915A |
|
13 |
Self permeable paper paper and its production method and
application |
Invention |
Cancelled to avoid duplication |
CN201410004332.7 |
2014-01-01 |
D21F11/00(2006.01)I; D21H11/06(2006.01)I;
D21H21/16(2006.01)I; D21H21/08(2006.01)I; D21H21/20(2006.01)I;
D21G1/00(2006.01)I |
CN103774487A |
|
14 |
Low quantitative high opacity biblical paper and its
production methods and uses |
Invention |
Cancelled to avoid duplication |
CN201410004030.X |
2014-01-01 |
D21H21/16(2006.01)I; D21H17/67(2006.01)I;
D21H17/68(2006.01)I |
CN103757982A |
|
15 |
Paper core ejecting equipment |
Patent for utility models |
Name or address changing of applicant |
CN201220582127.5 |
2012-11-07 |
D21G9/00(2006.01)I |
CN202881757U |
|
16 |
Production method for cigarette inner lining paper |
Invention authorization |
Name or address changing of applicant |
CN201210411907.8 |
2012-10-24 |
D21F11/00(2006.01)I; D21H17/68(2006.01)I;
D21H21/16(2006.01)I; D21H17/17(2006.01)I |
CN102899957B |
|
17 |
Acetylene welding gun welded with a soldering iron head |
Patent for utility models |
Name or address changing of applicant |
CN201220549620.7 |
2012-10-24 |
B23K3/02(2006.01)I |
CN202861574U |
|
18 |
Paper cutting equipment for paper making |
Patent for utility models |
Name or address changing of applicant |
CN201220514966.3 |
2012-10-08 |
B26D1/24(2006.01)I; B26D5/12(2006.01)I; B26D7/26(2006.01)I |
CN202805277U |
|
19 |
The production method of Grasin's original paper |
Invention |
Cancelled after publication |
CN201210378731.0 |
2012-10-08 |
D21H11/04(2006.01)I; D21H21/16(2006.01)I;
D21H21/14(2006.01)I |
CN102888778A |
|
20 |
Cylinder core cutting machine for paper |
Patent for utility models |
Name or address changing of applicant |
CN201220480988.2 |
2012-09-20 |
B26D1/01(2006.01)I; B26D5/02(2006.01)I; B26D7/01(2006.01)I |
CN202805249U |
AUTHENTICATION INFORMATION
|
- |
Certificate Category |
Certificate No. |
Issue Date |
Expire Date |
Status |
|
1 |
Forest certification FSC |
SGSHK-COC-007138 |
2016-07-03 |
2019-12-23 |
Effective |
|
2 |
Quality management system certification (ISO9000) |
0350215Q20408R1M |
2015-10-25 |
2018-10-24 |
有效 |
|
3 |
Environmental management system certification |
0350215E10217R1M |
2015-10-25 |
2018-10-24 |
Effective |
|
4 |
Certification of China's occupational health and safety
management system |
0350215S20126R1M |
2015-10-25 |
2018-10-24 |
Effective |
EXPORT/IMPORT PERMIT
|
EXPORT/IMPORT PERMIT |
Yes |
IMPORT / EXPORT DETAILS
|
|
||||||||||||||||
|
|
||||||||||||||||
|
|
||||||||||||||||
|
|
||||||||||||||||
|
Employee Number |
2,000 |
|
OTHER INFORMATION |
SC's staff confirmed the above staff information. |
WEBSITES
|
- |
Website |
Name |
File No |
Registrant |
|
1 |
XIANHE
CO., LTD. |
Mo Hengshan (莫恒山) |
|
Website |
|
|
Country |
China |
|
Status |
Operational |
|
Name |
XIANHE CO., LTD. |
|
Sponsor Name |
XIANHE CO., LTD. |
|
Hosted By |
|
|
File
No. |
Zhe
ICP 05010542-1 |
|
Registrant |
Mo
Hengshan (莫恒山) |
|
Source |
Ministry
of Industry and Information Technology |
ADMINISTRATIVE INFORMATION
Ø ADMINISTRATIVE LICENSES &
IDENTIFICATIONS
|
- |
License
No. |
License
Name |
|
1 |
AQBⅢQG ZHE 201702474474 |
Standard
enterprise for safety production |
|
2 |
JY33308030112350 |
Food
management license information |
|
License
No. |
AQBⅢQG ZHE 201702474474 |
|
License
Name |
Standard
enterprise for safety production |
|
Expire
date |
2020-08-13 |
|
Issuing
party |
Safety
Supervision Bureau |
|
License
Content |
Standardization
level: three level |
|
License
No. |
JY33308030112350 |
|
License
Name |
Food
management license information |
|
Expire
date |
2021-11-07 |
|
Issuing
party |
Market
Supervision Administration – Qujiang Dist, Quzhou City |
|
License
Content |
Hot
food production and sales |
Ø ABNORMAL TAX PAYER
As of
the reporting date, no related record about subject is found through below
sources:
A.
Website of Tax Bureau of China;
B.
Website of local Tax Bureau of subject's location;
Ø TAX ARREARS LIST
As of
the reporting date, no related record about subject is found through below
sources:
A.
Website of Tax Bureau of China;
B.
Website of local Tax Bureau of subject's location;
Ø DEBT ARREARS LIST
As of
the reporting date, no related record about subject is found through below
sources:
A.
Major telecommunication operators of China;
FINANCIAL INFORMATION
DETAILED
FINANCIAL INFORMATION (UNIT: CNY 1,000)
Financial Note: Due to the lack of a clear government policy
regarding the transparency of enterprise financial information, some financial
items might be missing in the financial statements, causing possible inequality
between the sum of the provided items and the provided total numbers.
|
Assets |
|
|
|
Year |
2015-12-31 |
2016-12-31 |
|
Report Type |
Annual
Report |
Annual
Report |
|
Statement Type |
Individual |
Individual |
|
Source |
AIC |
AIC |
|
Audited or Not |
Unknown |
Unknown |
|
Total Assets |
3,227,905 |
3,483,016 |
|
Liabilities |
|
|
|
Year |
2015-12-31 |
2016-12-31 |
|
Total Liabilities |
1,729,394 |
1,435,640 |
|
Total Owner’s Equity |
1,498,511 |
2,047,376 |
|
Total Liabilities and Owner's
Equity |
3,227,905 |
3,483,016 |
|
Income Statement |
|
|
|
Year |
2015-12-31 |
2016-12-31 |
|
Operating Income |
1,487,283 |
1,628,093 |
|
Total Profit |
185,836 |
257,848 |
|
Income Tax |
14,216 |
13,241 |
|
Net Profit |
171,620 |
244,607 |
GROWTH RATE OF MAJOR FINANCIAL
|
|
2015 |
Growth(%) |
2016 |
|
Operating Income |
1,487,283 |
9.47 |
1,628,093 |
|
Total Assets |
3,227,905 |
7.90 |
3,483,016 |
|
Total Profit |
185,836 |
38.75 |
257,848 |
|
Net Profit |
171,620 |
42.53 |
244,607 |
|
Total Liabilities |
1,729,394 |
-16.99 |
1,435,640 |
|
Total Owner’s Equity |
1,498,511 |
36.63 |
2,047,376 |
IMPORTANT RATIO
|
Profitability |
2015 |
2016 |
|
Return on net assets (%) |
11.45 |
11.95 |
|
Return on total assets (%) |
5.32 |
7.02 |
|
Net profit margin (%) |
11.54 |
15.02 |
|
Operation capacity |
2015 |
2016 |
|
Turnover of total assets |
0.46 |
0.47 |
|
Solvency |
2015 |
2016 |
|
Liabilities to assets ratio (%) |
53.58 |
41.22 |
|
Development capacity |
2015 |
2016 |
|
Yearly Growth of Operating Income (%) |
- |
9.47 |
|
Yearly growth of total assets (%) |
- |
7.90 |
FINANCIALS & ANALYSIS
|
Financial
Note |
SC’s
detailed financial information of 2015 and 2016 is unavailable through all
available channels. Subject’s staff was contacted but declined to provide
relevant financial information. Only subject’s financial summaries of 2015
and 2016 obtained from AIC source are provided for client’s reference. |
INDUSTRY INFORMATION
|
SIC (China) |
2221,Production of Machine-Made Paper and Cardboard 【Major】 |
|
ISIC |
1701,Manufacture of pulp, paper and paperboard |
|
NACE |
17.12,Manufacture of pulp, paper and paperboard |
INDUSTRY
FINANCIAL AVERAGE
|
- |
2015 |
Subject |
Best(10%) |
Average |
Worst(10%) |
|
Solvency |
Liabilities to Assets Ratio (%) |
53.58 |
54.50 |
65.40 |
92.65 |
|
Current ratio |
- |
2.39 |
1.03 |
0.49 |
|
|
Quick ratio |
- |
1.49 |
0.64 |
0.31 |
|
|
Development
Capacity |
Yearly Growth of Operating Income (%) |
- |
9 |
-3.60 |
-27.14 |
|
Yearly Growth of Gross Profit (%) |
- |
1.53 |
-8.50 |
-34.44 |
|
|
Yearly Growth of Total Assets (%) |
- |
12.51 |
2.07 |
-15.91 |
|
|
Profitability |
Return on net assets (%) |
11.45 |
4.59 |
0.36 |
-13.63 |
|
Return on total assets (%) |
5.32 |
4.41 |
0.16 |
-7.41 |
|
|
Gross profit margin (%) |
- |
10.62 |
7.29 |
-17.11 |
|
|
Operation
Capacity |
Turnover of total assets |
0.46 |
0.99 |
0.36 |
0.09 |
|
Turnover of current assets |
- |
2.07 |
0.81 |
0.18 |
|
|
Turnover days of account receivable |
- |
30.90 |
75.46 |
230.82 |
|
- |
2016 |
Subject |
Best(10%) |
Average |
Worst(10%) |
|
Solvency |
Liabilities to Assets Ratio (%) |
41.22 |
55.59 |
62.78 |
89.87 |
|
Current ratio |
- |
2.44 |
0.98 |
0.47 |
|
|
Quick ratio |
- |
1.52 |
0.61 |
0.30 |
|
|
Development
Capacity |
Yearly Growth of Operating Income (%) |
9.47 |
9.18 |
-3.45 |
-26.33 |
|
Yearly Growth of Gross Profit (%) |
- |
1.56 |
-8.16 |
-33.41 |
|
|
Yearly Growth of Total Assets (%) |
7.90 |
12.76 |
1.99 |
-15.44 |
|
|
Profitability |
Return on net assets (%) |
11.95 |
4.68 |
0.35 |
-13.22 |
|
Return on total assets (%) |
7.02 |
4.50 |
0.15 |
-7.19 |
|
|
Gross profit margin (%) |
- |
10.83 |
7.00 |
-16.60 |
|
|
Operation
Capacity |
Turnover of total assets |
0.47 |
1.01 |
0.35 |
0.09 |
|
Turnover of current assets |
- |
2.11 |
0.78 |
0.17 |
|
|
Turnover days of account receivable |
- |
31.52 |
72.44 |
223.89 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 64.85 |
|
|
1 |
INR 90.58 |
|
Euro |
1 |
INR 79.97 |
|
CNY |
1 |
INR 10.29 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
|
|
Report Prepared
by : |
KET |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.