Historical figures. The historical amounts of the fees for the provision of gold refining services by Zhaojin Refinery to the Group for the two years ended 31 December 2019 and the eleven months ended 30 November 2020 are set out as follows: For the year ended 31 December 2018 For the year ended 31 December 2019 For the eleven months ended 30 November 2020 RMB’ million RMB’ million RMB’ million (approximately) (approximately) (approximately) Gold refinery fee paid by the Group to Zhaojin Refinery 7.30 5.07 4.74 Reference is made to the 2017 Announcement which stated that, for each of the three financial years ending 31 December 2020, the annual caps of the fees for the provision of gold refining services by Xxxxxxx Refinery to the Group under the 2017 Gold Refinery Agreement shall not exceed RMB12.6 million. The Directors has been monitoring the transaction amounts under the 2017 Gold Refinery Agreement, and such amounts did not exceed the respective annual caps for the two years ended 31 December 2019. As of the date of this announcement, the transaction amount incurred in 2020 did not exceed and is not expected to exceed the 2020 annual cap. Annual caps The Company expects that the annual caps for the annual fees payable by the Company to Zhaojin Refinery for the provision of gold refining services for the three years ending 31 December 2021, 31 December 2022 and 31 December 2023 shall not exceed RMB11,000,000, RMB13,000,000 and RMB15,000,000, respectively. The above annual caps are arrived at after taking into account (i) the historical fees payable by the Group to Zhaojin Refinery for the provision of gold refining services; and (ii) the expected sales and production of gold by the Group. In view of the anticipated increase in our gold production capacity and other factors such as sales strategy having regard to anticipated gold price trend and production capability, the annual caps for the transactions under the Gold Refinery Agreement show an increasing trend. Pricing policies The processing fee per gram for crude gold with gold content less than 99% is determined by the parties to the Gold Refinery Agreement after arm’s length negotiation having regard to the price charged by similar service providers in the local market. The terms offered by Xxxxxxx Refinery to the Company shall be no less favourable than that offered by independent third party refineries to the Company. The Gold Refinery Agreement also provided that the fees at which Zhaojin Refinery provides gold re...
Historical figures. The historical transaction amounts of the Master Sales Agreement (2019) and the corresponding annual caps during the relevant years are as follows: Annual caps (in RMB’000) (Note) Actual amount (in RMB’000) For the For the For the For the year For the For the 6 months year ended year ended ending year ended year ended ended 31 December 31 December 31 December 31 December 31 December 30 June 2020 2021 2022 2020 2021 2022 Master Sales Agreement (2019) 310,000 500,000 580,000 85,702 317,896 119,240 Note: Annual caps figures in the table above are derived from the announcements of the Company dated 31 December 2019 and 4 November 2021. It is expected that the actual transaction amount for the year ending 31 December 2022 will not exceed the proposed annual cap for the corresponding year.
Historical figures. For the two years ended 31 December 2017 and 2018 and five months ended 31 May 2019, the Group’s sale of aluminium profiles to Jiangxi Jingxing was approximately RMB115.4 million, RMB65.6 million and RMB53.2 million respectively.
Historical figures. The historical transaction amounts and the corresponding annual caps of the maximum daily outstanding balance of deposits under the Financial Services Framework Agreement (2019) during the relevant years are as follows: Annual caps (in RMB’000) (Note) Actual amount (in RMB’000) For the For the For the For the year For the For the 6 months year ended year ended ending year ended year ended ended 31 December 31 December 31 December 31 December 31 December 30 June 2020 2021 2022 2020 2021 2022 Maximum daily outstanding balance of deposits 419,000 419,000 600,000 418,410 417,912 599,653 Note: Annual caps figures in the table above are derived from the announcements of the Company dated 31 December 2019 and 23 February 2022. It is expected that the actual amount for the year ending 31 December 2022 will not exceed the proposed annual cap for the corresponding year.
Historical figures. The historical figures of the Securities and Financial Products Transactions contemplated under the 2018 Everbright Group Financial Products and Services Framework Agreement between the Group and the Everbright Group and its associates for each of the two financial years ended December 31, 2020 and for the six months ended June 30, 2021 are as follows: Approximate historical transaction figures for the Securities and Financial Products Transactions for the year ended December 31, six months ended June 30, In(1) Out(2) 2019 2020 2021 (RMB million) 117,600 165,100 60,200 134,500 168,900 65,400 Notes:
Historical figures. The historical figures of the securities and financial services contemplated under the 2018 Everbright Group Financial Products and Services Framework Agreement between the Group and the Everbright Group and its associates for each of the two financial years ended December 31, 2020 and for the six months ended June 30, 2021 are as follows: Securities and Approximate historical transaction figures for the year ended for the six months Financial Services December 31, ended June 30, 2019 2020 2021 (RMB million) Revenue generated by 250.6 329.9 102.1 the Group from provision of securities and financial services to the Everbright Group and its associates Fees paid by the Group to 223.4 153.4 65.3 the Everbright Group and its associates for their provision of securities and financial services
Historical figures. A breakdown of the approximate historical transaction figures in respect of the provision of non-financial miscellaneous services by the Everbright Group and its associates to the Group for two years ended December 31, 2017 and the six months ended June 30, 2018 is as follows: Approximate historical transaction figures for the six Non-financial Miscellaneous Services for the year ended December 31, months ended June 30, 2016 2017 2018 (RMB million) Fees paid by the Group to the Everbright Group and its associates for their provision of non- financial miscellaneous services 0.05 1.4 0.69
Historical figures. A breakdown of the approximate historical transaction figures in respect of the rent received from and paid to the Everbright Group and its associates by the Group for two years ended December 31, 2017 and the six months ended June 30, 2018 is as follows: Approximate historical transaction amounts for the six Property Leasing for the year ended December 31, months ended June 30, 2016 2017 2018 (RMB million) Rental income received from the Everbright Group and its associates for
Historical figures. For the year ended 31 December 2017 and 31 December 2018, and for the period from 1 January 2019 to 16 December 2019 (the latest practicable date before entering into the Supplemental Agreement), the premiums ceded by the Company to PICC Re and the commissions paid to the Company by PICC Re are as follows: Premiums ceded by the Company to PICC ReRMB million Commissions paid to the Company by PICC Re RMB million For the year ended 31 December 2017 3,170 1,039 For the year ended 31 December 2018 4,058 1,378 For the period from 1 January 2019 to 16 December 2019 (Note) 3,846 1,203 Note: the above figures for the period from 1 January 2019 to 16 December 2019 are extracted from the business system and are not audited. Both the premiums ceded by the company to PICC Re and the commissions paid to the Company by PICC Re under the Reinsurance Framework Agreement for the period from 1 January 2019 to the date of this announcement didn’t exceed current annual caps as agreed under the Reinsurance Framework Agreement.
Historical figures. The historical amounts of the fees for the provision of gold refining services by Xxxxxxx Refinery to the Group for the two years ended 31 December 2015 and 31 December 2016 and the eleven months ended 30 November 2017 are set out as follows: For the year ended 31 December 2015 For the year ended 31 December 2016 For the eleven months ended 30 November 2017 RMB’ million RMB’ million RMB’ million (approximately) (approximately) (approximately) Gold refinery fee payable by the Group to Zhaojin Refinery 7.41 7.23 5.15 The annual cap of the fee for the provision of gold refining services by Zhaojin Refinery to the Group for the financial year ending 31 December 2017 under the 2015 Gold Refinery Agreement was RMB9,900,000 which has not been exceeded as at the date of this announcement and is not expected to be exceeded before 31 December 2017. Annual caps The Company expects that the annual caps for the annual fees payable by the Company to Zhaojin Refinery for the provision of gold refining services for each of the three years ending 31 December 2018, 31 December 2019 and 31 December 2020 shall not exceed RMB12.60 million. The above annual caps are arrived at after taking into account (i) the historical fees payable by the Company to Zhaojin Refinery for the provision of gold refining services; and (ii) the expected sales and production of gold by the Group. In view of the anticipated increase in our gold production capacity and other factors such as sales strategy having regard to anticipated gold price trend and production capability, the annual caps for the transactions under the Gold Refinery Agreement will be higher than those in the past three years. Pricing policies The processing fee per gram for crude gold with gold content less than 99% is determined by the parties to the Gold Refinery Agreement after arm’s length negotiation having regard to the price charged by similar service providers in the local market. The terms offered by Xxxxxxx Refinery to the Company shall be no less favourable than that offered by independent third party refineries to the Company. The Gold Refinery Agreement also provided that the fees at which Zhaojin Refinery provides gold refining services to the Company shall not be higher than the fees charged by Xxxxxxx Refinery on any independent third party at that time for the same type of services provided in the normal course of business and shall not be higher than the fees charged by any independent third party to the Group a...
