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Jiangsu Sanjian Construction Group Co. Ltd. CN 547714519 Rapport Business

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------(C) 2017 D&B

COPYRIGHT 2017 DUN & BRADSTREET INC.

D&B Report DATE PRINTED:December 6 2017 ------D-U-N-S:54-771-4519 FULL REVISION ------ NANTONG SANJIAN CONSTRUCTION GROUP CO. LTD.

D&B RATING 5A- EMMA Score 3 PAYDEX 71 STARTED 2001 NO.131, SHISHAN RD. SALES: 20,277,876 RMB Thous HAIMEN WORTH: 6,957,810 RMB Thousa JIANGSU IMPORTS YES EXPORTS YES POST CODE:226100 EMPLOYS: 3481 (TOTAL) CONDITION: UNDETERMINED REGISTERED CAPITAL:RMB 621,217,790 HISTORY BUSINESS (SUBJECT HA TEL:0513 82315277 TEL:0513 82315311 TEL:0513 82315499 FAX:0513 82315099 SIC: 15410000 SIC: 15420000 SIC: 87110000 SUBJECT IS MAINLY ENGAGED IN ARCHITECTURAL ENGINEERING CONSTRUCTION GENERAL CONTRACT. CHIEF EXECUTIVE: HUANG, YUHUI / PRESIDENT/GENERAL MANAGER CURRENCY: All monetary amounts quoted in this report are shown in (RMB) unless otherwise stated. ------EXECUTIVE SUMMARY ------The D&B Rating for the company is 5A-, which indicates a tangible net worth of over RMB 450,000,000 and an overall credit condition which is considered as undetermined.

The Company EMMA Score is 3, indicating Moderate Low Risk.

Subject company is a joint stock established in 2001 with 3481 employees.

Subject company's registered capital is RMB 621,217,790 with paid-up capital of RMB 621,217,790.

Subject company has 25 records of court litigation in D&B China's court file within 2 years.

Subject company has 7 media records in the past 12 months.

Nantong Sanjian Holding Co., Ltd. (D-U-N-S:56-005-6839) based in China is the parent company of the subject.

Key Events:

Subject's capital was changed from RMB 596,204,692 to on(in) March 31, 2017.

RISK ANALYSIS ------

The major factors that influence the EMMA Score for this company are:

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* Subject's registered capital is RMB 621,217,790, which is in the higher level range, indicating a lower risk. * Subject is a joint stock, which is classified as a lower risk type of business. * Subject has an employee size of 3481, which is in the higher range level, indicating a lower risk level. * Subject/Industry PAYDEX® shows the company/industry has some delay payment, indicating medium risk.

Note: Besides the major factors listed above, there are other key drivers that also contribute to the EMMA Score calculation. For more information of the Methodology and Key drivers, please refer to Appendix at the end of the report. CURRENT INVESTIGATION ------On Aug 8, 2017, Mr.Yao,Business Principal, , confirmed operational and partially historical data in this report but declined other information

COURT ACTION ------

Judgment Date: 5/19/16 Court: Court Judgment Plaintiff(s): Jishi Properties Co.,Ltd. Cause Action: Judgment: To compensate the plaintiff with reimbursement of 0 Judgment Date: 5/5/16 Court: District Court Judgment Plaintiff(s): N/a Cause Action: Judgment: To compensate the plaintiff with reimbursement of 0 Judgment Date: 5/23/16 Court: District Court Judgment Plaintiff(s): Qinhua Zhou, ,Changhong Wang,Aiying Cause Action: Judgment: To compensate the plaintiff with reimbursement of 0 Judgment Date: 6/6/16 Court: District Court Judgment Plaintiff(s): Fangda New Building Material Co., Ltd Cause Action: Judgment: To compensate the plaintiff with reimbursement of 0 Judgment Date: 6/24/16 Court: District Court Judgment Plaintiff(s): N/a Cause Action: Judgment: To compensate the plaintiff with reimbursement of 620,070 Judgment Date: 4/19/16 Court: District Court Judgment Plaintiff(s): N/a Cause Action: Judgment: To compensate the plaintiff with reimbursement of 1,205,485 Judgment Date: 5/4/16 Court: District Court Judgment Plaintiff(s): N/a Cause Action: Judgment: To compensate the plaintiff with reimbursement of 2,587,013 Judgment Date: 6/8/16 Court: District Court Judgment Plaintiff(s): Anti - corrosion insulation Co.,Ltd Cause Action: Judgment: To compensate the plaintiff with reimbursement of 0 Judgment Date: 6/21/16 Court: District Court Judgment Plaintiff(s): N/a Cause Action: Judgment: To compensate the plaintiff with reimbursement of 12,327,564 Judgment Date: 5/9/16 Court: District Court Judgment Plaintiff(s): Puhua Building Energy Conservation Material Co., L Cause Action: Judgment: To compensate the plaintiff with reimbursement of 0 Judgment Date: 5/10/16 Court: District Court Judgment Plaintiff(s): N/a Cause Action: Judgment: To compensate the plaintiff with reimbursement of 94,914 Judgment Date: 6/15/16 Court: District Court Judgment Plaintiff(s): N/a Cause Action: Judgment: To compensate the plaintiff with reimbursement of 350,548 Judgment Date: 5/3/16 Court: District Court Judgment Plaintiff(s): N/a Cause Action: Judgment: To compensate the plaintiff with reimbursement of 864,060 Judgment Date: 5/3/16 Court: District Court Judgment Plaintiff(s): N/a Cause Action: Judgment: To compensate the plaintiff with reimbursement of 1,324,756 Judgment Date: 5/6/16 Court: District Court Judgment Plaintiff(s): N/a Cause Action: Judgment: To compensate the plaintiff with reimbursement of 819,118 Judgment Date: 5/27/16 Court: District Court Judgment Plaintiff(s): Changfeng Hoi hollow brick factory Cause Action: Judgment: To compensate the plaintiff with reimbursement of 0 Judgment Date: 5/10/16 Court: District Court Judgment Plaintiff(s): Yingshang County Tong Materials Co., Ltd Cause Action: Judgment: To compensate the plaintiff with reimbursement of 0 Judgment Date: 5/13/16 Court: District Court Judgment Plaintiff(s): (Gongyi Shengshi Concrete Co.,Ltd Cause Action: Judgment: To compensate the plaintiff with reimbursement of 0 Judgment Date: 2/10/17 Court: hearing notice Plaintiff(s): Dongfeng Concrete Co., Ltd. Cause Action: Breach Of Contract Judgment: To compensate the plaintiff with reimbursement of 0 Judgment Date: 12/5/16 Court: hearing notice Plaintiff(s): Zhiwen Zhang Cause Action: Judgment: To compensate the plaintiff with reimbursement of 0 Judgment Date: 11/22/16 Court: hearing notice Plaintiff(s): Minlurun Trading Co., Ltd. Cause Action: Breach Of Contract Judgment: To compensate the plaintiff with reimbursement of 0 Judgment Date: 6/5/17 Court: District Court Judgment Plaintiff(s): N/a Cause Action: Judgment: To compensate the plaintiff with reimbursement of 128,488 Judgment Date: 7/3/17 Court: District Court Judgment Plaintiff(s): N/a Cause Action: Judgment: To compensate the plaintiff with reimbursement of 403,650 Judgment Date: 7/14/17 Court: District Court Judgment Plaintiff(s): N/a Cause Action: Judgment: To compensate the plaintiff with reimbursement of 62,808 Judgment Date: 1/18/17 Court: District Court Judgment Cause Action: Other Cases Judgment: To compensate the plaintiff with reimbursement of 2,514,200 with interest

PAYMENTS ------

DATE PAYING HIGH NOW PAST SELLING LAST RECORD CREDIT OWES DUE TERMS SALE

12/31/15 Slow 210+ 100,000 100,000 100,000 Net45 01/31/16 Prompt 300,000 300,000 25,000 Net30 01/31/16 Slow 210+ 100,000 100,000 100,000 Net45 02/18/16 Slow 30+ 2,500 2,500 2,500 Net 02/29/16 Prompt 750,000 2,500 0 Net 02/29/16 Prompt 300,000 250,000 0 Net30 02/29/16 Slow 210+ 100,000 100,000 100,000 Net45 03/31/16 Slow 30+ 300,000 250,000 250,000 Net30 03/31/16 Slow 210+ 100,000 100,000 100,000 Net45 04/30/16 Slow 210+ 100,000 100,000 100,000 Net45 05/31/16 Prompt 60,000 7,500 0 Net 05/31/16 Prompt 600,000 600,000 0 Net 05/31/16 Prompt 300,000 100,000 0 Net30 05/31/16 Slow 210+ 100,000 100,000 100,000 Net45 06/30/16 Prompt 600,000 600,000 0 Net 06/30/16 Slow 210+ 100,000 100,000 100,000 Net45 07/31/16 Prompt 600,000 200,000 0 Net 07/31/16 Slow 210+ 100,000 100,000 100,000 Net45 08/31/16 Prompt/Slow 21 100,000 100,000 15,000 Net45 09/30/16 Slow 210+ 100,000 15,000 15,000 Net45 10/31/16 Slow 210+ 100,000 15,000 15,000 Net45 11/30/16 Slow 210+ 100,000 15,000 15,000 Net 01/31/17 Prompt 45,000 45,000 0 Net 01/31/17 Prompt 900,000 900,000 0 Net 02/28/17 Prompt 100,000 100,000 0 Net 02/28/17 Prompt 900,000 700,000 0 Net 03/31/17 Prompt 250,000 250,000 0 Net 04/30/17 Prompt 0 0 0 04/30/17 Prompt 250,000 100,000 0 Net 05/31/17 Prompt 900,000 300,000 0 Net 05/31/17 Prompt 0 0 0 Cash 05/31/17 Prompt 250,000 100,000 0 Net 06/30/17 Slow 30+ 900,000 300,000 300,000 Net 06/30/17 Prompt 250,000 100,000 0 Net 06/30/17 Prompt 0 0 0 Cash 07/31/17 Prompt 0 0 0 Cash 07/31/17 Prompt 300,000 300,000 0 Net 08/31/17 Prompt 300,000 200,000 0 Net 09/30/17 Prompt 300,000 200,000 0 Net 10/31/17 Prompt 300,000 200,000 0 Net

------PAYDEX of This Business 71 ------

FINANCE ------FISCAL BALANCE SHEET AS OF Dec 31, 2016 RMB(Thousands) ------Cash and Bank 2,918,861 Account Receivables 3,333,994 Notes Receivables 134,856 Accounts Payable 2,576,665 Interest Receivable 1,209 Notes Payable 1,713,557 Other Receivables 6,128,855 Interest Payable 40,929 Inventory 8,101,219 Other Payables 2,165,759 Short-Term Loans 3,293,300 LT Debt Due in 12 Mths 687,643 Advances from Customers 386,499 Prepayment 407,132 Other Current Assets 100,101 Provision:Taxes & Fees 476,634 Accrued Payroll 996,136 Provision for Dividends 33,317 Other Current Liabilities175,552 ------TOTAL CURRENT ASSETS 21,126,227 TOTAL CURRENT LIABILITIES12,545,991 Investment Real Estates69,792 Medium/Long Term Loans 1,389,126 Other Fixed Assets 346,616 Bills Payable 1,758,225 LT Payables 30,767 Deferred Tax Liab. 27,616 ------TOTAL FIXED ASSETS 416,408 TOTAL NON-CURRENT LIAB 3,205,734 Intangibles 2,653 R&D Expenses 2,860 Goodwill 269,671 ------TOTAL INTANGIBLE ASSETS275,184 TOTAL LIABILITIES 15,751,725 Salable Financial Asset200,175 Capital 596,205 LT Equity Investment 2,440 Capital Reserve 5,480,436 LT Acc. Receivable 460,430 Surplus 74,517 LT Prepaid Expense 44,531 Retained Earnings 768,589 Deferred Tax Assets 150,163 Others 38,063 Other Non-curr.Assets 403,864 ------INVESTMENT & OTHER ASSE1,261,603 TOTAL EQUITY 6,957,810 ------MINORITY INTEREST 369,887 ======TOTAL ASSETS 23,079,422 EQUITY & LIABILITIES 23,079,422 Tangible net worth of the company is 6,957,810 Thousands after deducting Intangible assets of 275,184 Thousands. PROFIT & LOSS STATEMENT ------Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 (RMB) (RMB) (RMB) (Thousands) (Thousands) (Thousands) (Fiscal) (Fiscal) (Fiscal)

Sales 20,277,876 18,725,209 18,788,059 Cost of Goods Sold -18,077,717 -16,656,757 -16,690,682 Sales Tax -232,045 -638,231 -614,190 Gross Profit/Loss 1,968,114 1,430,221 1,483,187 Other Operating Income 51,675 15,937 31,129 Operating Expenses -10,248 -10,969 -11,071 Administrative Expense -526,058 -275,314 -299,699 Financial Expenses -200,886 -208,503 -226,533 Other Expenses -188,383 --65,813 -226,533 Operating Profit/Loss 1,094,214 1,017,185 875,225 Non-Operating Income 5,053 4,514 19,818 Non-Operating Expense -4,776 -5,042 -5,502 Profit/Loss Before Tax 1,094,491 1,016,657 889,541 Income Tax 353,713 295,963 231,258 Profit/Loss After Tax 740,778 720,694 658,283 Minority Interest 37,642 3,451 1,728 Net Profit(Loss) after Tax & Min. Interest 703,136 717,243 656,555 The above balance sheet and profit and loss statement were audited. The above Statements were obtained from the company's annual/intrim report. COMPARATIVES ------

Dec 31,2016 Dec 31,2015 Dec 31,2014 (RMB) (RMB) (RMB) (Thousands) (Thousands) (Thousands) (Fiscal) (Fiscal) (Fiscal)

CURRENT ASSETS 21,126,227 16,511,182 11,737,248 CURRENT LIABILITIES 12,545,991 10,393,760 7,160,225 WORKING CAPITAL 8,580,236 6,117,422 4,577,023 OTHER TANGIBLE ASSETS 1,678,011 1,433,618 1,218,164 OTHER LIABILITIES 3,205,734 1,843,501 984,509 MINORITY INTEREST 369,887 582,261 398,244 TANGIBLE NET WORTH 7,052,513 5,707,539 4,810,678 CASH & BANK 2,918,861 2,417,131 2,305,474 A/CS & NOTES RECEIVABL 9,598,914 6,474,905 5,858,142 FIXED ASSETS 416,408 352,771 412,787 A/CS & NOTES PAYABLE 6,496,910 5,837,305 3,631,166 INVENTORY 8,101,219 7,181,602 2,892,205 ANNUAL SALES/REVENUE 20,277,876 18,725,209 18,788,059 PROFIT/LOSS AFTER TAX 740,778 720,694 658,283 KEY RATIOS ------Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 (RMB) (RMB) (RMB)

CURRENT RATIO 1.68 1.58 1.63 QUICK RATIO 1.03 0.89 1.23 TOTAL DEBT/EQUITY RATIO 2.26 2.29 1.76 DEBT RATIO 0.68 0.67 0.61 COLLECTION PERIOD(DAYS) 59 54 56 PAYMENT PERIOD(DAYS) 51 35 15 INVENTORY TURNOVER(DAYS) 161 155 62 ASSET TURNOVER 0.87 1.03 1.42 NET PROFIT MARGIN(%) 3.46 3.83 3.49 RETURN ON EQUITY(%) 10.10 13.47 14.22 RETURN ON ASSETS(%) 3.21 3.97 5.00 EARNINGS PER SHARE($) BANKING ------

The company maintains relationship(s) with the following bank(s) in China:

CHINA CONSTRUCTION BANK HAIMEN BRANCH SALES DEPARTMENT

CORPORATE HISTORY ------Registration Date : March 18,2001 Registered At : Nantong Administration for Industry and Commerce Administration for Industry & Commerce USCCC No. : 91320684138774017K Registered Capital : RMB 621,217,790 Paid up Capital : RMB 621,217,790 Business Start Year : 2001 Legal Status : a joint stock

The USCCC No. refers to the United Social Credit Code Certificate Number. Subject is listed on the National Equities Exchange and Quotations, with Effective Date on August 23, 2016 under List Code 838583.

Shareholders:

Nantong Sanjian Holding Co., Ltd. , China Shares: 76.12% Nantong Jiechuang Investment Management Center (Limited Partnership) , China Shares: 6.35% Nantong Sanjian Huichuang Investment Management Center (General Parternship) , China Shares: 3.9% Jianyi Investment Management Center (General Parternship) , China Shares: 3.47% Nantong Guangfeng Investment Management Center (General Parternship) , China Shares: 2% Chuangze Investment Partnership (limited partnership) , China Shares: 3.47% Zhenghao Cai , China Shares: 1.17% Yuda Wang , China Shares: 1.01% Hongqiu , China Shares: 0.64% Kangning , China Shares: 0.58% Others Shares: 1.29%

Total 100% ======

Name Changes :

From: Jiangsu Nantong No.3 Construction Group Co., Ltd. To : Nantong Jiangsu Three Construction Group Limited by Share Ltd On(in) Apr 06,2016 To : Jiangsu Nantong Sanjian Construction Group Co. Ltd. (Current Name)Change date not available

Change in Registered Capital :

From:RMB 518,000,000 To : RMB 201,280,000 On(in) Oct 15,2004 To : RMB 551,408,000 On(in) Apr 25,2016 To : RMB 596,204,692 On(in) Nov 01,2016 To : RMB 621,217,790(Current Capital) On(in) Mar 31,2017

Change in Legal Status :

From:a limited company To : a joint stock(Current Legal Status) On(in) Apr 06,2016

Change in Registration Number :

From:3206842102991 To : 320684000141191(Current Registration Number) On(in) Mar 02,2007 PRINCIPALS ------

Name: Huang,Yuhui Gender: male Date of Birth: 1971 Nationality: China Title: President/General Manager Education Level: Master Started with Subject: 2012 Employment History: Period Company Employed Last Position Held January 19Longxin Construction Group Co., Ltd. Vice General Manag September Nantong Yucheng Construction Co., Ltd. Chairman May 2010-M Longxin Investment Co., Ltd. General Manager

18 years

Name: Zhou,Bingao Nationality: China Title: Vice Chairman

Name: Shi,Hui Nationality: China Title: Vice Chairman

Name: Wang,Weichong Nationality: China Title: Director

Name: Xu,Ting Nationality: China Title: Director

Name: Wei,Bo Nationality: China Title: Director

Name: Zhang,Fubing Nationality: China

Name: Zhang,Ming Function Departments: Office Finance Dept.

others OPERATIONS ------Subject is mainly engaged in architectural engineering construction general contract. Subject is ranked TOP 410 among the Top 500 enterprises in in 2005 (Revenue: 5,818,600 thousand in 2004). Subject was listed as No. 437 among Year 2006 Top 500 China Enterprises with revenue of RMB 6,872,620 thousand in 2005.

PURCHASE TERRITORY

Local & International Major Suppliers Asia New Building Materials (Shanghai) Co., Ltd. Anta () Machinery Equipment Industry Co.,L Binhai Fengyang Earth and Stone Work Co.,Ltd. Changzhou Kang'ao Construction Materials Technol Beijing Guangtonglingyu Cable Co., Ltd. Shanghai Bangtai Economic Co., Ltd. Import Volume (2013) : USD 68,645

Purchasing Terms : Agreement/Contract basis

SALES TERRITORY

Local & International Exporting to Yemen Angola Zambia Congo Export Volume (2013) : USD 16,880,173 Export Volume (2014) : USD 15,364,095 Export Volume (2015) : USD 9,158,434

Selling Terms : Agreement/Contract basis

CUSTOMER TYPES Major customers include Shanghai San Sheng Investment (Group)Co., Ltd.. , Shanghai Suihua Real Estate Co., Ltd., Shanghai Lujiazui (Group) Co., Ltd. , Bonded Zone Lijia Industry Co.,Ltd. , Shanghai Jinbi Property Limited .

NUMBER OF EMPLOYEES : 3,481 (Total) Staff Breakdown Sales Personnel 236 Technicians 312 Finance personnel 231 OPERATION SUMMARY LOCATION ------Subject is located in a commercial area. of 17,625 sq.m. at the above captioned address, used as its officeSubject owns premises (In China, land in urban area is owned by the government, while the land in rural area is collectively owned.)

REGISTERED ADDRESS

Address: No. 131, Shishan Rd., Haimen

BRANCH(ES)

D-U-N-S: 54-799-5027 Name: Jiangsu Nantong Sanjian Construction Group Co., Ltd. Shanghai Branch

BRANCH(ES)

D-U-N-S: 52-883-8530 Name: Jiangsu Nantong Sanjian Construction Group Co., Ltd. Branch

BRANCH(ES)

D-U-N-S: 54-777-1741 Name: Jiangsu Nantong Sanjian Construction Group Co., Ltd. Beijing Branch

PARENT ------D-U-N-S 56-005-6839 Name: Nantong Sanjian Holding Co., Ltd. Haimen China % Share Hold: 76.12% MAJOR SUBSIDIARIES ------D-U-N-S : 52-904-7654 Name: Nanjing Gardens Industry Co., Ltd

China 100% Owned by Subject D-U-N-S : 54-637-5214 Name: Jiangsu Jiangzhou Construction Development Co., Ltd.

China 100% Owned by Subject D-U-N-S : 54-669-6050 Name: Jiangsu Nantong Sanjian Overseas Labour Services Co., Ltd.

China 100% Owned by Subject D-U-N-S : 54-629-1749 Name: Nantong Yucheng Construction Co., Ltd.

China 100% Owned by Subject D-U-N-S : 53-074-0046 Name: Luwang Traffic Construction Group Co., Ltd.

China 55% Owned by Subject MAJOR AFFILIATES ------D-U-N-S : 42-135-5989 NAME: Jiangsu Nantong Construction Building Decoration Co., Ltd. China 10% OWNED BY SUBJECT

MEDIA RELEASE ------

Date: 11/17/17 Source: Online Information Detail: NA

Date: 08/25/17 Source: Online Information Detail: NA

Date: 08/25/17 Source: Online Information Detail: NA

Date: 08/28/17 Source: Online Information Detail: NA

Date: 09/01/17 Source: Online Information Detail: NA

Date: 08/26/17 Source: Online Information Detail: NA

Date: 12/12/16 Source: Online Information Detail: Jn.cutv.com-According to the report of 'Jinan News' of Jinan television news channel, it was learned that at the specific rectification work conference of construction safety and risk of Jinan, municipal construction committee published the fire treatment situation of real estate project of Dongshefang Lixia District and the Tianding Center Project. The above two projects were ordered to terminate the construction and make comprehensive safety check. China Construction Eighth Engineering Division Corp Ltd and Jiangsu Nantong No.3 Construction Group Co., Ltd were circularized a criticism and order to rectify.

APPENDIX ------

D&B EMMA Score (Emerging Market Mediation Alert Score) is a risk assessment model developed for emerging market countries. It is a score developed by data profiling approach and statistical molding, which predicts the possibility of a business in perilous status of instability or unreliability, such as poor financials, late payment, stale inventory, abnormal operational status, etc. The EMMA Score provides you with a quick assessment of a business' risk standing, and when used together with other information, allows you to make better risk decisions.The EMMA Score is based on a scale of 1 to 10, where 1 represents a lower risk and 10 a higher risk.

------Range EMMA Score % of Report % of High Commentary in Database Risk Business ------Low Risk Scores 1-3 28.9% 5.7% Lower Risk Range Medium Risk Scores 4-7 56.7% 9.1% Average Risk Range High Risk Scores 8-10 14.4% 36.4% High Risk Range ------

* EMMA Score for China is initially rolled out in May 2009,derived from an Index Development Sample of close to 4,000,000 company records.When using the Score to make individual applicant decisions,a customized version of this table based on an analysis of the Score against your customer account portfolio is recommended.It does not necessarily mean doing business with a company,which is assigned with higher Risk Score , will result in increased risk.

* Considering the particularity of Chinese business environment and in order to make EMMA Score analyze and reflect risk factors of Chinese enterprises more appropriately, HDBC conducted an optimization and adjustment toward EMMA Score in the first half of 2012, combined PAYDEX? to appraisal model as an important risk evaluating dimension and will try harder to deeply reflect the internal factors of enterprise risk. The optimized EMMA Score makes the scores more scientifically and effectively reflect the risk characteristics of current China as an emerging market and more objectively and deeply reflect risk level of Chinese enterprises.

* EMMA Score for China is calibrated on regular basis following D&B Global Modeling Methodology that captures business environmental change in China caused by macro economy shift and particular systematic events.

The Key Drivers of the EMMA Score include the following:

BUSINESS INFORMATION

. Business Type . Line of Business . Employee Size . Sales Teritory . Registered Capital . Years in Business . History Status . Property Ownership

GEOGRAPHICAL INFORMATION

. Region &

PAYMENT INFORMATION

. Percentage of Overdue Payment . Company/Industry PAYDEX

PUBLIC RECORD

. Number of Negative Record

EMMA Score Application ------

* Low EMMA Score - May proceed to process the applicant quickly with minimal or no manual review depending on the extent of score validation analysis.

* Medium EMMA Score - Medium Risk Scores - Recommend a manual review of the applicant based on the applicant's capacity, your internal policy and risk tolerance.

* High EMMA Score - High Risk Scores - Requires thorough manual review of potential decline, or approval depending on the applicant's capacity, your internal policy and risk tolerance.

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When using EMMA Score, combination with other information including an internal assessment policies, other HDBC data, and front channel input is suggested. This report, which is licensed under contract solely for use by D&B's customer as one factor in its business decisions, contains information compiled from sources D&B does not control and which, unless otherwise indicated in this report, has not been verified. D&B does not assume any of user's business risk; does not guarantee the accuracy, completeness, and timeliness of the information; and shall not be liable in tort, contract or otherwise for any loss, damage, and injury resulting from use of this information, even if caused by D&B's negligence. Copyright 2017 Dun & Bradstreet All Rights Reserved *** REPORT COMPLETE ***

Neither Infoclipper nor its sources or distributors warrant such information nor shall they be liable for your use or reliance upon it. Source : Dun & Bradstreet - All rights reserved © Infoclipper SAS