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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

509210

Report Date :

18.05.2018

 

 

IDENTIFICATION DETAILS

 

Name :

ANHUI JIETAI INTELLIGENT TECHNOLOGY CO., LTD

 

 

Registered Office :

101, Integrated Power Detection Analyzer Industrialization Project Production Building, Anhui Yizhi Electronics Co., Ltd, No. 7, Qianshui East Road, Hefei High-tech Zone

 

 

Country :

China

 

 

Financials (as on) :

31.12.2016

 

 

Date of Incorporation :

09.06.2013

 

 

Unified Social Credit Code:

91340100070938547A

 

 

Legal Form :

Limited Liabilities Company

 

 

Line of Business :

Subject is mainly engaged in manufacture and sales of color sorting machines. Its main products are free falling ore color selection machines, rice color selection machines, grain selection machines, corn color selection machines, wheat color selection machines, yellow rice color selection machines, lotus seed color selection machines, peanut color selection machines

 

 

No. of Employees :

50

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

B

 

Credit Rating

Explanation

Rating Comments

B

Medium Risk

Business dealings permissible on a regular monitoring basis

 

Status :

Moderate

 

 

Payment Behaviour :

Slow 

 

 

Litigation :

--

 

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 early 2015, 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. Fu

Tel

(86 551)68121778

Investigation Way

Telephone

 

 

ORDER DETAILS & INVESTIGATION RESULTS

 

-

Order Information

Verification

Name(English)

ANHUI JIETAI INTELLIGENT TECHNOLOGY CO., LTD.

Correct

Address (English)

The Cross Of Yulan Avenue And Tangkou Road, High-Tech District, Hefei, Anhui Province, 230031, China

Correct

Tel

86-551-68121778

Correct

Fax

86-551-68121787

Correct

 

 

ABSTRACT

 

BASIC INFORMATION

Name (English)

ANHUI JIETAI INTELLIGENT TECHNOLOGY CO., LTD. (Given by Official Sources)

Unified Social Credit Code

91340100070938547A

AIC registration No.

340191000021097

National Organization Code

070938547

Company Status

Operational

Executive

Chen Yingbin

Registered Capital

CNY 5,000,000.00

Date of Establishment

2013-06-09

Employee

50

Website

www.ahjietai.cn

Company Size

Small

SIC (China)

3599,Production of Other Special Equipments

Import and Export Enterprise Code

3400070938547

Import/Export Permit

Yes

Judicial Records

8

 

CONTACTS

Tel

(86 551)68121778

Fax

(86 551)68121787

Address

Cross of Yulan Avenue and Tangkou Road, Taohua Industry Zone, Hefei City, Anhui Province(Office / Manufacture)

Address Post code

230031

Ownership

N/A

 

GENERAL COMMENTS

RISK ANALYSIS

Established in June of 2013 with the registered capital of CNY 5,000,000.00, SC is mainly engaged in manufacture and sales of color sorting machines. With years of operation, the company has certain industry experience. However, as a company founded by natural persons, it has weak financing and risk resisting capacities.

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. Subject's profits indices in 2016 are higher than those of 2015, indicating its profitability was improved in 2016. The company's turnover of total assets of 2016 is lower than that of 2015, indicating its assets operation capability was weakened in 2016. As a whole, with lower liabilities to assets ratio of 2016, subject's long-term solvency is improved.

 

 

REGISTRATION INFORMATION

 

REGISTRATION INFORMATION

Unified Social Credit Code

91340100070938547A

AIC registration No.

340191000021097

Date of Establishment

2013-06-09

Registered Address

101, Integrated Power Detection Analyzer Industrialization Project Production Building, Anhui Yizhi Electronics Co., Ltd, No. 7, Qianshui East Road, Hefei High-tech Zone

Registry

Market Supervision Administration – High-tech Development Zone, Hefei City

Legal Representative

Chen Yingbin

Legal Form

Limited Liabilities Company

Registered Capital

CNY 5,000,000.00

Paid-in Capital

CNY 5,000,000.00

Latest Year of Annual Report

2017

Operation duration

2043-06-09

Business Scope

R&D, sales and technical services of artificial intelligence equipment and optoelectronic products;

R&D, manufacture, sales and technical services of color sorting machines;

Self-run and agents of import and export of goods and technologies (except items limited or prohibited by the state government)

 

REGISTRATION CHANGES

-

Date

Item Changed

From

To

1

2015-07-28

Registered capital

CNY3,000,000.00

CNY5,000,000.00

2

2015-05-13

Shareholders

Chen Shiyang

Wang Jiatai

Chen Yingbin

Zhang Lunyun

Chen Shiyang

Wang Jiatai

; Chen Yingbin

3

2015-01-27

Shareholders

Chen Shiyang

Wang Jiatai

Chen Yingbin

Chen Shiyang

; Wang Jiatai

; Chen Yingbin

; Zhang Lunyun

 

SHAREHOLDER INFORMATION

-

Name

% Ownership

Capital Contributed

Currency

Investment Way

Paid-in %

Country

1

Chen Shiyang

80.00

4,000,000.00

CNY

Capital

100

China

2

Chen Yingbin

10.00

500,000.00

CNY

Capital

100

China

3

Wang Jiatai

10.00

500,000.00

CNY

Capital

100

China

Total

 

100.0

5,000,000

 

 

 

 

 

ULTIMATE HOLDING

-

Ultimate Shareholder

Investment Way

1

Chen Shiyang

Capital

 

English Name

Chen Shiyang

Country

China

Type

Natural person shareholder

Investment Way

Capital

Note

Chen Shiyang

-->80% ANHUI JIETAI INTELLIGENT TECHNOLOGY CO., LTD.

 

BRANCHES

No branch information of subject is searched out from Gladtrust database.

 

 

 

 

INVESTMENT IN OTHER COMPANIES

-

Name

License Status

Share Holding

Currency

% Ownership

1

Anhui Jietai Intelligent Technology Hefei Co., Ltd.

Operational

1,000,000.00

CNY

100

2

Hefei Yingsaite Electronic Technology Co., Ltd

Operational

650,000.00

CNY

65

 

Name (English)

Anhui Jietai Intelligent Technology Hefei Co., Ltd.

Unified Social Credit Code

9134012334875337X4

License Status

Operational

Registration No.

340123000128166

Name Of Legal Representative

Chen Yingbin

Legal Form

Limited Liabilities Company

Country

China

Registered Capital

CNY 1,000,000.00

Type

Subsidiary

Date of Establishment

2015-07-29

Share Holding

1,000,000.00

Currency

CNY

Way of Investment

Capital

% Ownership

100

 

Name (English)

Hefei Yingsaite Electronic Technology Co., Ltd

Unified Social Credit Code

913401005785138226

License Status

Operational

Registration No.

340100000541194

Name Of Legal Representative

Liang Wei

Legal Form

Limited Liabilities Company

Country

China

Registered Capital

CNY 1,000,000.00

Type

Subsidiary

Date of Establishment

2011-07-05

Share Holding

650,000.00

Currency

CNY

% Ownership

65

 

 

MANAGEMENT

 

LEGAL REPRESENTATIVE

Name

Chen Yingbin

Position

General Manager

Gender

Male

Age

35

 

INVOLVEMENT IN OTHER COMPANIES

-

Name (English)

License Status

Legal Representative

Position

Type of Engagement

1

Anhui Jietai Intelligent Technology Hefei Co., Ltd.

Operational

YES

Executive director and general manager

Directorship

2

Hefei Yingsaite Electronic Technology Co., Ltd

Operational

NO

Supervisor

Directorship

 

Name (English)

Anhui Jietai Intelligent Technology Hefei Co., Ltd.

License Status

Operational

Name Of Legal Representative

Chen Yingbin

Registered Capital

CNY 1,000,000.00

Country

China

Registration No.

340123000128166

Unified Social Credit Code

9134012334875337X4

Legal Form

Limited Liabilities Company

Position

Executive director and general manager

Date of Establishment

2015-07-29

 

Name (English)

Hefei Yingsaite Electronic Technology Co., Ltd

License Status

Operational

Name Of Legal Representative

Liang Wei

Registered Capital

CNY 1,000,000.00

Country

China

Registration No.

340100000541194

Unified Social Credit Code

913401005785138226

Legal Form

Limited Liabilities Company

Position

Supervisor

Date of Establishment

2011-07-05

 

MANAGEMENT

-

Name

Position

Gender

1

Chen Yingbin

General Manager

Male

2

Chen Shiyang

Executive Director

Male

 

MANAGEMENT DETAILS

Name

Chen Shiyang

Country

China

Position

Executive Director

Gender

Male

Age

36

 

DIRECTORS AND SUPERVISORS

-

Name

Position

Gender

1

Chen Shiyang

Executive Director

Male

2

Wang Jiatai

Supervisor

-

 

 

JUDICIAL INFORMATION

 

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;

D. Judicial information of database.

 

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 24,300.76.

Name

ANHUI JIETAI INTELLIGENT TECHNOLOGY CO., LTD.

Government ID. / AIC Registration No.

91340100070938547a

Execution Court

People's Court of Hefei High-tech Industry Development Zone, Anhui Province

Court Type

Grassroots People's Court

File No.

(2017) WAN 0191 Zhi 1167

File Date

2017-08-14

Status

Pending

Value

5,160

Currency

CNY

 

Name

ANHUI JIETAI INTELLIGENT TECHNOLOGY CO., LTD.

Government ID. / AIC Registration No.

91340100070938547a

Execution Court

People's Court of Hefei High-tech Industry Development Zone, Anhui Province

Court Type

Grassroots People's Court

File No.

(2015) HE Gao Xin Zhi Zi 1598

File Date

2015-10-08

Status

Cannot be found

Value

9,582.5

Currency

CNY

 

Name

ANHUI JIETAI INTELLIGENT TECHNOLOGY CO., LTD.

Government ID. / AIC Registration No.

91340100070938547a

Execution Court

People's Court of Hefei High-tech Industry Development Zone, Anhui Province

Court Type

Grassroots People's Court

File No.

(2015) HE Gao Xin Zhi Zi 1599

File Date

2015-10-08

Status

Cannot be found

Value

9,558.26

Currency

CNY

 

CIVIL & COMMERCIAL TRIAL PROCESS

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;

D. Judicial information of database.

CIVIL & COMMERCIAL JUDGMENT DOCUMENT

Name

ANHUI JIETAI INTELLIGENT TECHNOLOGY CO., LTD.

File No.

(2017) WAN 0191 Zhi 1167

Hearing Court

People's Court of Hefei High-tech Industry Development Zone, Anhui Province

Court Type

Grassroots People's Court

Cause of Action

Implementation of case

Value

5,209.5000

Position

Person Subject to Enforcement

Date of Closing

2017-10-12

 

Name

ANHUI JIETAI INTELLIGENT TECHNOLOGY CO., LTD.

Government ID. / AIC Registration No.

91340100070938547a

File No.

(2017) SU 09 Zhi 493

Hearing Court

Intermediate People's Court of Yancheng City, Jiangsu Province

Court Type

Intermediate people's court

Cause of Action

Implementation of the case

Value

0

Position

Execution applicant

Date of Closing

2017-08-08

 

Name

ANHUI JIETAI INTELLIGENT TECHNOLOGY CO., LTD.

Government ID. / AIC Registration No.

91340100070938547a

File No.

(2016) WAN 0191 Min Chu 3497

Hearing Court

People's Court of Hefei High-tech Industry Development Zone, Anhui Province

Court Type

Grassroots People's Court

Cause of Action

Labor dispute

Value

0

Position

Plaintiff

Date of Closing

2016-10-14

 

Name

ANHUI JIETAI INTELLIGENT TECHNOLOGY CO., LTD.

Government ID. / AIC Registration No.

91340100070938547a

File No.

(2015) HE Gao Xin Zhi Zi 1598

Hearing Court

People's Court of Hefei High-tech Industry Development Zone, Anhui Province

Court Type

Grassroots People's Court

Cause of Action

Execution of sealing up; auction; pay off the debt

Value

0

Position

Person Subject to Enforcement

Date of Closing

2015-10-12

 

Name

ANHUI JIETAI INTELLIGENT TECHNOLOGY CO., LTD.

Government ID. / AIC Registration No.

91340100070938547a

File No.

(2015) HE Gao Xin Zhi Zi 1599

Hearing Court

People's Court of Hefei High-tech Industry Development Zone, Anhui Province

Court Type

Grassroots People's Court

Cause of Action

Execution of sealing up; auction; pay off the debt

Value

0

Position

Person Subject to Enforcement

Date of Closing

2015-10-12

 

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;

D. Judicial information of database.

 

 

OPERATION INFORMATION

 

MAIN BUSINESS

Main Business

Manufacture and sales of color sorting machines

Products & Service

SC is mainly engaged in manufacture and sales of color sorting machines. Its main products are free falling ore color selection machines, rice color selection machines, grain selection machines, corn color selection machines, wheat color selection machines, yellow rice color selection machines, lotus seed color selection machines, peanut color selection machines,.

 

OPERATION FACILITIES

Business Address

Cross of Yulan Avenue and Tangkou Road, Taohua Industry Zone, Hefei City, Anhui Province(Office / Manufacture)

Tel

(86 551)68121778

Fax

(86 551)68121787

Post code

230031

Environment

Main industrial area

Ownership

N/A

Traffic Condition

Convenient

 

SALES INFORMATION

Region

Products

Customer Type

Number of Customers

Payment Terms

Region

Percentage

Domestic

Color sorting machines

Processing enterprises and so on

Above 5

Advance payment; Prompt payment; Short-term credit payment

All over China

20

International

Color sorting machines

Traders and so on

Above 5

T/T; L/C

Thailand, Bangladesh, India, Philippines, Poland, etc.

80

OTHER INFORMATION

SC's sales business is developed at home and abroad and the company concentrates on the export business. Its products mainly are applied in rice, grain, ore, plastics, industry, etc.

 

PURCHASE INFORMATION

Region

Main Products Purchased

Number of Suppliers

Payment Terms

Region

Percentage

Domestic

Metal parts, electrical and mechanical equipment, production equipment, office supplies and other business services.

Above 5

Advance payment; Prompt payment; Short-term credit payment

East China, etc.

100

OTHER INFORMATION

SC's products are purchased at home, mainly from East China, etc. Its main suppliers are metal parts and electromechanical equipment manufacturing enterprises and wholesalers etc.

 

NOTE TO CREDIT RECORD

Note

SC's staff declined to disclose any information of the suppliers due to company secrecy. No information of its suppliers is obtained through public sources. Hence, no payment records can be provided in the report.

 

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 & TRENDS

 

PATENT

-

Patent Name

Patent Type

Status

Application No.

Application date

Classification

Publication No.

1

Three channel screening machine

Appearance design

Approved

CN201730562505.1

2017-11-15

15-99(11)

CN304606934S

2

Color sorting machine

Appearance design

Approved

CN201730525057.8

2017-10-28

15-06(11)

CN304554061S

3

Two vibration material hopping device

Patent for utility models

Approved

CN201721167581.3

2017-09-13

B65B37/04(2006.01)I; B65G27/04(2006.01)I; B65G27/32(2006.01)I; B65G69/04(2006.01)I; B65G65/44(2006.01)I; B65G65/32(2006.01)I

CN207292573U

4

Feeding device for glass slide

Patent for utility models

Approved

CN201721167737.8

2017-09-13

B65G65/42(2006.01)I; B65G69/04(2006.01)I; B65G21/20(2006.01)I; B65G65/32(2006.01)I; B65G11/20(2006.01)I; B65G11/16(2006.01)I

CN207192338U

5

Color selection feeding device

Patent for utility models

Approved

CN201720000167.7

2017-01-01

B07C5/342(2006.01)I; B07C5/02(2006.01)I; B07C5/36(2006.01)I

CN206425257U

6

Dustproof device for non rod cylinder

Patent for utility models

Approved

CN201720000166.2

2017-01-01

F15B15/08(2006.01)I

CN206429474U

7

Jetting valve detector

Patent for utility models

Approved

CN201620939855.5

2016-08-25

G01B11/30(2006.01)I

CN205940493U

8

Color sorting machine

Appearance design

Approved

CN201630209273.7

2016-05-30

15-99(10)

CN303933620S

9

Dissipate heat canister

Patent for utility models

Approved

CN201620277942.9

2016-04-06

F21V29/83(2015.01)I; F21V29/85(2015.01)I; F21V29/70(2015.01)I; F21Y115/10(2016.01)N

CN205560677U

10

Rod cylinder test device

Patent for utility models

Approved

CN201620285388.9

2016-04-06

G01M13/00(2006.01)I

CN205506384U

11

Material grooves

Patent for utility models

Approved

CN201620277941.4

2016-04-06

B07C5/342(2006.01)I

CN205496093U

12

Gas leak detection tooling for SMC solenoid valve

Patent for utility models

Approved

CN201620285387.4

2016-04-06

G01M3/28(2006.01)I

CN205506327U

13

LED lamp structure with good heat dissipation

Patent for utility models

Approved

CN201520694088.1

2015-09-09

F21S8/00(2006.01)I; F21V29/67(2015.01)I; F21V19/00(2006.01)I; F21V21/00(2006.01)I; F21V29/83(2015.01)I; F21W131/403(2006.01)N; F21Y101/02(2006.01)N

CN204901530U

14

Meter road test platform

Patent for utility models

Approved

CN201520694942.4

2015-09-09

G01M13/00(2006.01)I

CN204882066U

15

Testing platform for solenoid valve

Patent for utility models

Approved

CN201520694941.X

2015-09-09

G01M3/28(2006.01)I

CN204882008U

16

Testing equipment for the injection valve coil

Patent for utility models

Approved

CN201520694171.9

2015-09-09

G01M3/38(2006.01)I

CN204882012U

17

Color selector hopper

Patent for utility models

Approved

CN201420383951.7

2014-07-14

B07C5/342(2006.01)I; B65D88/54(2006.01)I; B65D90/00(2006.01)I

CN203972339U

18

Color separator

Patent for utility models

Approved

CN201420383904.2

2014-07-14

B08B1/00(2006.01)I; B07C5/342(2006.01)I

CN203944585U

19

Split type color selector light source

Patent for utility models

Approved

CN201420383953.6

2014-07-14

F21V19/00(2006.01)I; F21V29/00(2006.01)I

CN203949114U

20

Color selector background plate

Patent for utility models

Approved

CN201420383903.8

2014-07-14

B07C5/342(2006.01)I

CN203944583U

 

COPYRIGHT

-

Copyright Information

File No.

Classification

1

Man-machine display software for large rice selection machine

2015SR010595

30200-0000

2

Monitoring software for bottom fuses

2015SR009954

30200-0000

3

Logic_back information analysis software

2014SR164267

30219-0000

4

Touch_mcu80_dw operation test control software

2014SR164265

30219-0000

 

EXPORT/IMPORT PERMIT

EXPORT/IMPORT PERMIT

Yes

 

IMPORT / EXPORT DETAILS

2016 Import / Export Volume (USD 1,000)

Import Volume

Export Volume

-

3,009.00

 

2016 Exporting Regions (USD 1,000)

Exporting Regions

Export Volume

Thailand

1,514

Bangladesh

644

India

551

Philippines

273

Poland

27

expcon_pic

 

2016 Exported Products (USD 1,000)

Exported Products

Export Volume

Optical color granule sorter(color sorter)

3,009

 

2015 Import / Export Volume (USD 1,000)

Import Volume

Export Volume

-

1,965.00

 

 

2015 Exporting Regions (USD 1,000)

Exporting Regions

Export Volume

Thailand

1,722

South Korea

84

Pakistan

71

India

56

Bangladesh

31

expcon_pic

 

2015 Exported Products (USD 1,000)

Exported Products

Export Volume

Optical color granule sorter(color sorter)

1,965

 

EMPLOYEE

Employee Number

50

OTHER INFORMATION

SC's staff confirmed the above employee number.

 

WEBSITES

-

Website

Name

File No

Registrant

1

www.ahjietai.cn

ANHUI JIETAI INTELLIGENT TECHNOLOGY CO., LTD.

Wan ICP 14011299-3

-

 

Website

www.ahjietai.cn

Country

China

Status

Operational

Name

ANHUI JIETAI INTELLIGENT TECHNOLOGY CO., LTD.

Sponsor Name

ANHUI JIETAI INTELLIGENT TECHNOLOGY CO., LTD.

Hosted By

Enterprise

File No.

Wan ICP 14011299-3

Source

Internet

 

 

ADMINISTRATIVE INFORMATION

 

ADMINISTRATIVE LICENSES & IDENTIFICATIONS

-

License No.

License Name

1

GR201534000244

Hefei Municipal Science and Technology Bureau Identification Information of High and New Technology Enterprises

 

License No.

GR201534000244

License Name

Hefei Municipal Science and Technology Bureau Identification Information of High and New Technology Enterprises

Issuing date

2015-06-19

Expire date

2018-06-19

Issuing party

Hefei Municipal Science and Technology Bureau

 

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;

C. Taxpayer information of database.

 

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;

C. Taxpayer information of Gladtrust database.

 

DEBT ARREARS LIST

As of the reporting date, no related record about subject is found through below sources:

A. Major telecommunication operators of China;

B. Telecommunication information of database.

 

 

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 

6,474

18,877

Liabilities

 

 

Year

2015-12-31

2016-12-31

Total Liabilities

3,749

9,771

Total Owner’s Equity

2,725

9,106

Total Liabilities and Owner's Equity

6,474

18,877

expcon_pic

Income Statement

 

 

Year

2015-12-31

2016-12-31

Operating Income

13,500

21,498

Total Profit

44

949

Income Tax

20

142

Net Profit

24

807

 

GROWTH RATE OF MAJOR FINANCIAL

 

2015

Growth(%)

2016

Operating Income   

13,500

59.24

21,498

Total Assets

6,474

191.58

18,877

Total Profit   

44

2,056.82

949

Net Profit   

24

3,262.50

807

Total Liabilities   

3,749

160.63

9,771

Total Owner’s Equity   

2,725

234.17

9,106

IMPORTANT RATIO

Profitability

2015

2016

Return on net assets (%)

0.88

8.86

Return on total assets (%)

0.37

4.28

Net profit margin (%)

0.18

3.75

Operation capacity

2015

2016

Turnover of total assets

2.09

1.14

Solvency

2015

2016

Liabilities to assets ratio (%)

57.91

51.76

Development capacity

2015

2016

Yearly Growth of Operating Income (%)

-

59.24

Yearly growth of total assets (%)

-

191.58

 

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

 

INDUSTRY CODE

SIC (China)

3599,Production of Other Special Equipments Major

ISIC

2829,Manufacture of other special-purpose machinery

NACE

28.99,Manufacture of other special-purpose machinery

 

INDUSTRY FINANCIAL AVERAGE

-

2015

Subject

Best(10%)

Average

Worst(10%)

Solvency

Liabilities to Assets Ratio (%)

57.91

45

54

76.50

Current ratio

-

2.71

1.52

0.82

Quick ratio

-

1.69

0.95

0.52

Development Capacity

Yearly Growth of Operating Income (%)

-

26.10

12.43

-11.52

Yearly Growth of Gross Profit (%)

-

31.25

9.07

-14.22

Yearly Growth of Total Assets (%)

-

25.76

11.98

-12.33

Profitability

Return on net assets (%)

0.88

15.12

6.38

-4.23

Return on total assets (%)

0.37

7.84

3.92

-2.70

Gross profit margin (%)

-

28.11

15.12

4.48

Operation Capacity

Turnover of total assets

2.09

1.79

1.01

0.56

Turnover of current assets

-

2.80

1.34

0.67

Turnover days of account receivable

-

25.32

72

202.50

 

-

2016

Subject

Best(10%)

Average

Worst(10%)

Solvency

Liabilities to Assets Ratio (%)

51.76

45.90

52.38

79.56

Current ratio

-

2.76

1.48

0.85

Quick ratio

-

1.73

0.92

0.54

Development Capacity

Yearly Growth of Operating Income (%)

59.24

26.62

12.06

-11.98

Yearly Growth of Gross Profit (%)

-

31.87

8.80

-14.79

Yearly Growth of Total Assets (%)

191.58

26.28

11.62

-12.82

Profitability

Return on net assets (%)

8.86

15.42

6.19

-4.40

Return on total assets (%)

4.28

8.00

3.80

-2.81

Gross profit margin (%)

-

28.67

14.67

4.66

Operation Capacity

Turnover of total assets

1.14

1.83

0.98

0.58

Turnover of current assets

-

2.86

1.30

0.70

Turnover days of account receivable

-

25.82

69.84

210.60

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 67.72

UK Pound

1

INR 91.65

Euro

1

INR 79.89

CNY

1

INR 10.67

 

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)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.