Historical figures Sample Clauses
Historical figures. The relevant companies which will become Subsidiaries of the Company after completion of the acquisition of the Target Group have conducted similar transactions with the H and HE Group in the past. Details of such historical transaction amount are set out below:- Transaction amount for the provision of loading and unloading of goods and equipment rental services to the Hisense Group for the year ended 31 December 2009 RMB 356,200 (inclusive of value-added tax) Transaction amount for the provision of loading and unloading of goods and equipment rental services to the Hisense Group for the three months ended 31 March 2010 RMB 183,400 (inclusive of value-added tax) The transactions contemplated by the Business Co-operation Framework Agreement 2 from the date of approval of the agreement by the Independent Shareholders, which is expected to be on 4 June 2010, to 31 December 2010 regarding the provision of services of loading and unloading of goods and equipment rental services are subject to the annual cap set out below: For 4 June2010 to 31 December 2010 RMB420,000 (inclusive of value-added tax) The above annual cap was determined with reference to (a) similar transactions between the relevant companies which have become Subsidiaries of the Company after completion of the acquisition of the Target Group and the Hisense Group in the past; and (b) the prevailing market conditions relating to the provision of such services. The transactions contemplated under the Business Co-operation Framework Agreement 2 will constitute continuing connected transactions for the Company under the Hong Kong Listing Rules and should be aggregated with the similar transactions contemplated under the Business Cooperation Framework Agreement 1 dated 6 November 2009 for the purpose of Rules 14A.25 to 14A.27 of the Hong Kong Listing Rules. As such, upon approval by the Independent Shareholders, the annual cap for all similar continuing connected transactions with H and HE Group in this regard shall be as follows: Annual Cap from 1 January 2010 to 31 December 2010 pursuant to Business Co- operation Framework Agreement 1 dated 6 November 2009 RMB360,000 (inclusive of value-added tax) Annual Cap for the year ending 31 December 2010 pursuant to the Business Co-operation Framework Agreement 1 dated 6 November 2009 and the Business Co-operation Framework Agreement 2 dated 5 May 2010 RMB780,000 (inclusive of value-added tax) In the light of the above, the Directors (excluding the independent...
Historical figures. For the two years ended 31 December 2017 and 2018 and for the 10 months ended 31 October 2019, the Group’s sale of aluminium profiles to Jiangxi Jingxing was approximately RMB115.4 million, RMB65.6 million and RMB76.8 million respectively.
Historical figures. The historical amounts of the fees for the provision of gold refining services by ▇▇▇▇▇▇▇ 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 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. 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. 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 ▇▇▇▇▇▇▇ 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 ▇▇▇▇▇▇▇ 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 at that time for the provision of same type of services. The pricing policies ...
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) Maximum daily outstanding balance of deposits 419,000 419,000 600,000 418,410 417,912 599,653 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 amounts of the fees for the provision of refining services by ▇▇▇▇▇▇▇ Refinery to the Group for the two years ending 31 December 2009 and 31 December 2010 and the ten months ended 30 October 2011 are set out as follows: For the year ended 31 December For the year ended 31 December For ten months ended 30 October The Company expects that the annual fees payable by the Company to Zhaojin Refinery for the provision of gold refinery services for the three years ending 31 December 2012, 31 December 2013 and 31 December 2014 shall not exceed RMB7,300,000, RMB8,400,000 and RMB9,700,000, respectively. 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 the gold refinery services; and (ii) the expected increase in the sales and production of gold by the Group. As stated in the Prospectus, PRC laws and regulations require gold refining to be carried out at a refinery that has been licensed by the Shanghai Gold Exchange to produce standard gold bullion. The Group is not a qualified gold refinery and has to rely on other enterprises that possess the relevant licence to refine the crude gold to standard gold bullion. Zhaojin Refinery is a licensed gold refinery in the PRC and has been commissioned by the Company to refine its gold since its incorporation. Given the aforesaid and after taking into account the terms of the Gold Refinery Agreement, the Directors (including the independent non-executive Directors) consider that the entering into of the Gold Refinery Agreement is in the interests of the Company and the Shareholders as a whole, and the terms thereof are on normal commercial terms and fair and reasonable.
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: 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. According to the audited consolidated accounts of the NWDS Group for the two financial years ended 30 June 2008 and the unaudited consolidated management accounts of the NWDS Group for the nine months ended 31 March 2009, the aggregate approximate amounts of the Continuing Connected Transactions are as follows: Master Management Agreement Concessionaire Counter Arrangements It is expected that the annual consideration payable under each of the Continuing Connected Transactions will not exceed the amount set out below (the “Annual Caps”): For the year ending 30 June Master Management Agreement 2010 RMB110,402,000 (approximately 2011 RMB126,962,000 (approximately 2012 RMB146,006,000 (approximately HK$125,373,000) HK$144,178,000) HK$165,805,000) Master Leasing RMB154,479,000 RMB224,415,000 RMB276,907,000 Agreement (approximately HK$175,427,000) (approximately HK$254,847,000) (approximately HK$314,456,000) Master RMB51,208,000 RMB74,734,000 RMB107,878,000 Concessionaire (approximately (approximately (approximately Counter Agreement HK$58,152,000) HK$84,868,000) HK$122,507,000) Master Services RMB141,998,000 RMB420,164,000 RMB413,766,000 Agreement (approximately HK$161,253,000) (approximately HK$477,139,000) (approximately HK$469,874,000) The Annual Caps in respect of the Master Management Agreement have been determined by reference to historical transaction amounts, gross sales proceeds and rental income from third party operators. The Annual Caps in respect of the Master Leasing Agreement have been determined based on the historical transaction amounts, the terms of the leases and the expected growth in the number of new Stores. The Annual Caps in respect of the Master Concessionaire Counter Agreement have been determined based on the terms of the existing concessionaire counter agreements, the historical transaction amounts, the expected increase of sales of each of the concessionaire counters and the floor space of the CTF Jewellery Group alongside with the growth of the relevant stores and the number of new concessionaire counters and the floor space for which members of the NWDS Group might enter into new concessionaire counter agreements and rental agreements with members of the CTF Jewellery Group for stores to be opened by the NWDS Group, and the expected increase of sales from the concessionaire counters and the floor space in the Stores at which the CTF Jewellery Group conducts business by means of accepting cash equivalent gift coupons, gift cards a...
Historical figures. The table below sets out the actual transaction amounts, being the property management fees paid by the Group to Xinglu Property Management for the years ended 31 December 2021, 2022 and 2023:
Historical figures. For the two years ended 31 December 2018 and 2019 and the nine months ending 30 September 2020, the rental amount of property leased by the Group to Jiangxi Jingxing was approximately RMB2,200,000, RMB2,700,000 and RMB2,678,000 respectively. The Annual Cap for the transactions contemplated under 2021 Tenancy Agreement B is set out below: For the year ending 31 December Annual Cap amount (RMB) 2021 (1 January 2021 to 31 December 2021) 3,645,852 The above Annual Cap is arrived at by translating the monthly rent of RMB303,821 into rent receivable by Jiangxi Xingfa for the year ending 31 December 2021 under the 2021 Tenancy Agreement B. In view of the above, the Directors (including the independent non-executive Directors) are of the view that the Annual Cap for the 2021 Tenancy Agreement B is fair and reasonable and in the interests of the Company and the Shareholders as a whole. The Group is principally engaged in (i) the manufacture and sale of aluminium profiles which are applied as construction and industrial materials; and (ii) property development. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ is principally engaged in the manufacture and sale of aluminium profiles. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ is principally engaged in the manufacture and sale of aluminium panels. In view of the stable rental income to be generated under the 2021 Tenancy Agreement B and the rent and terms under the 2021 Tenancy Agreement B will not be more favourable to Jiangxi Jingxing than those offered to independent tenants, the Directors consider that the entering into the 2021 Tenancy Agreement B is in the interests of the Company and its Shareholders as a whole. The Group will undertake the following internal control measures to monitor the rents and terms of the transactions contemplated under each of the 2021 Tenancy Agreement A and 2021 Tenancy Agreement B and ensure that the rents and terms offered by the Landlords to the Tenants under the 2021 Tenancy Agreements will be no more favourable than rents and terms offered to independent tenants and that the Annual Caps are not exceeded:
Historical figures. The historical amounts for the continuing connected transactions conducted under the Previous IRICO Group Master Purchase Agreement as well as the respective historical annual caps for the three years ended/ending 31 December 2021 are set out in the table below: Fees paid by the Group to IRICO Group and its associates under the Previous IRICO Group Master Purchase Agreement