INFORMATION OF THE PARTIES. Information of the Company The Company is a company established in the PRC in 1984 and converted into a joint stock limited company on 28 September 2015. The principal business of the Company includes providing comprehensive leasing services to high-quality customers in industries including aviation, infrastructure, shipping, vehicle and construction machinery, new energy, and high-end equipment. Information of the Asset Transferor The Asset Transferor is a state-owned enterprise incorporated in the PRC on 11 April 2016 and located in Guangdong Province, the PRC, which is mainly engaged in the businesses of finance lease, etc. LISTING RULES IMPLICATIONS According to Chapter 14 of the Listing Rules, as the highest applicable percentage ratio of the transaction under the Asset Transfer Agreement is higher than 5% but lower than 25%, the transaction constitutes a discloseable transaction of the Company and is subject to the announcement requirement but is exempt from the shareholders’ approval requirement under Chapter 14 of the Listing Rules.
INFORMATION OF THE PARTIES. Information of the Company The Company is a pioneer and a dedicated finance lease company in serving technology and new economy companies in China. As the sole finance lease platform under Zhongguancun Development Group Co., Ltd. ( 中關村發展集團股份有限公司), the Company offers efficient finance lease solutions and a variety of advisory services to satisfy technology and new economy companies’ needs for financial services at different stages of their growth. The Company’s finance lease solutions primarily take the form of direct lease and sale-and-leaseback. The Company also delivers a variety of advisory services, including policy advisory and management and business consulting, to help its customers achieve rapid growth. Information of the Lessee Lessee is a limited liability company incorporated in the PRC, which is principally engaged in oil and gas drilling engineering services, drilling special technical services and drilling engineering energy saving services. Information of Suppliers Supplier I: a limited liability company incorporated in the PRC, which is principally engaged in oil industry special equipment related services. Supplier II: a limited liability company incorporated in the PRC, which is principally engaged in oil drilling special equipment manufacturing and sales. LISTING RULES IMPLICATIONS As the transactions under the Purchase Agreements and the Finance Lease Agreements were entered into during the 12-month period, according to Rule 14.22 of the Listing Rules, the transactions thereunder shall be aggregated as a series of transactions. As the highest applicable percentage ratio under each of the Purchase Agreements and the Finance Lease Agreements is less than 5%, while the highest applicable percentage ratio upon aggregation of the Purchase Agreements and the Financial Lease Agreements is higher than 5% but less than 25%, the transactions contemplated under the Purchase Agreements and the Finance Lease Agreements constitute a discloseable transaction of the Company and are subject to the notification and announcement requirements under Chapter 14 of the Listing Rules.
INFORMATION OF THE PARTIES. Information of the Company The Company is a pioneer and a dedicated finance lease company in serving technology and new economy companies in China. As the sole finance lease platform under Zhongguancun Development Group Co., Ltd. ( 中關村發展集團股份有限公司), the Company offers efficient finance lease solutions and a variety of advisory services to satisfy technology and new economy companies’ needs for financial services at different stages of their growth. The Company’s finance lease solutions primarily take the form of direct lease and sale-and-leaseback. The Company also delivers a variety of advisory services, including policy advisory and management and business consulting, to help its customers achieve rapid growth. Information of the Lessee Lessee is a limited liability company incorporated in the PRC, which is principally engaged in unmanned retail service operation.
INFORMATION OF THE PARTIES. The Company is a joint stock company established under the laws of the PRC with limited liability on March 1, 1997, the H Shares of which are listed on the Main Board of the Stock Exchange. It is principally engaged in investing in, developing and operating high-grade roads in the PRC. The Group is also engaged in expressway-related development and operation, as well as securities business. Shangsan Co is a limited liability company established in the PRC on January 1, 1998. As at the date of this announcement, Shangsan Co is a subsidiary of the Company owned as to approximately 73.625% of its equity interest. It is principally engaged in the operation of Shangsan Expressway. Jiaxing Branch is a branch of LongLiLiLong Co, a wholly-owned subsidiary of the Company. Jiaogong Underground Construction is an indirect non-wholly owned subsidiary of Communications Group established under the laws of the PRC. Jiaogong Underground Construction is principally engaged in construction services for building works, building decoration, environmental protection and municipal works. Zhejiang Commercial is a wholly-owned subsidiary of Communications Group established under the laws of the PRC. Zhejiang Commercial is principally engaged in service area planning and design, investment operation and construction, integrated energy supply and management, retail chains, advertising, catering and other related businesses. LISTING RULES IMPLICATIONS As at the date of this announcement, Jiaogong Underground Construction is an indirect non-wholly owned subsidiary of Communications Group, and is therefore a connected person of the Company. As a result, the transactions contemplated under the Construction Agreements constitute connected transactions for the Company under Chapter 14A of the Listing Rules. Pursuant to Rule 14A.81 and Rule 14A.82 of the Listing Rules, as the respective transactions contemplated under the Construction Agreements and the Previous Transaction were entered into or completed within a 12-month period with Jiaogong Underground Construction, a connected person of the Company, the transactions contemplated under the Construction Agreements and Previous Transaction are required to be aggregated for the calculation of the relevant percentage ratios to determine the classification of the transactions contemplated under the Construction Agreements. As one or more of the applicable percentage ratios in respect of the transactions contemplated under the Construction Ag...
INFORMATION OF THE PARTIES. Information of the Company The Company is a pioneer and a dedicated finance lease company in serving technology and new economy companies in China. As the sole finance lease platform under Zhongguancun Development Group Co., Ltd. ( 中關村發展集團股份有限公司), the Company offers efficient finance lease solutions and a variety of advisory services to satisfy technology and new economy companies’ needs for financial services at different stages of their growth. The Company’s finance lease solutions primarily take the form of direct lease and sale-and-leaseback. The Company also delivers a variety of advisory services, including policy advisory and management and business consulting, to help its customers achieve rapid growth. Information of the Lessees Lessee I is a limited liability company incorporated in the PRC, which is principally engaged in research and development of fluid machinery equipment for oil and gas productions. Lessee II is a limited liability company incorporated in the PRC, which is principally engaged in research and development, leasing and sales of fluid machinery equipment for oil and gas productions.
INFORMATION OF THE PARTIES. Information of the Company The Company is a pioneer and a dedicated finance lease company in serving technology and new economy companies in China. As the sole finance lease platform under Zhongguancun Development Group Co., Ltd. ( 中關村發展集團股份有限公司), the Company offers efficient finance lease solutions and a variety of advisory services to satisfy technology and new economy companies’ needs for financial services at different stages of their growth. The Company’s finance lease solutions primarily take the form of direct lease and sale-and-leaseback. The Company also delivers a variety of advisory services, including policy advisory and management and business consulting, to help its customers achieve rapid growth. Information of the Lessee Lessee is a limited liability company incorporated in the PRC, which is principally engaged in computing services and data services. Information of the Supplier The Supplier is a limited liability company incorporated in the PRC, which is principally engaged in the sales of supercomputing equipment.
INFORMATION OF THE PARTIES. (a) The Company The Company is an investment holding company. The Group is principally engaged in the business of design and sale of integrated circuit chips.
INFORMATION OF THE PARTIES. Xxxxx Xxxxxx Xxxxx Xxxxxx is principally engaged in the production of dehaired cashmere and cashmere tops. It is located in Qinghe County, Xingtai City, Hebei Province, the PRC which is a region where high quality cashmere is found. So far as the Directors are aware, Hebei Yuteng is one of the largest cashmere processing factories in Hebei Province and is also well-known for its use of advanced technology used in its production of high quality cashmere. As informed by Xxxxx Xxxxxx, Xxxxx Xxxxxx is ultimately beneficially owned as to 51% by Mr. Xx Xxxxxx and 49% by Mr. Xx Xxxxxxxx as at the date of this announcement. As at the date of this announcement, (i) Mr. Xx Xxxxxx is a director, the general manager and authorised representative of Nanguan Tech and a director of Moro International; and (ii) Mr. Xx Xxxxxxxx is a director of Nanguan Tech. The Purchasers Nanguan Tech is a joint venture company owned as to 55% and 45% by the Company (through a subsidiary) and Hebei Yuteng respectively as at the date of this announcement. The principal business of Nanguan Tech is the production of cashmere yarn. Each of Huizhou Nanxuan and Huizhou Nanguan is a wholly-owned subsidiary of the Company. The principal business of each of Huizhou Nanxuan and Huizhou Nanguan is the manufacture of knitwear products. REASONS FOR AND BENEFITS OF THE 2022 RAW MATERIALS PURCHASE AGREEMENT AND THE 2022 LEASE AGREEMENT The Group is principally engaged in the manufacture of knitwear products. The Group also produces cashmere yarn for the production of cashmere knitwear. The principal business of Nanguan Tech is the production of cashmere yarn. The entering into of the 2022 Raw Materials Purchase Agreement provides the Purchasers access to a reliable supply of high quality cashmere and other raw materials on favourable terms and allows the Purchasers to better manage quality control and production lead time for the Group’s cashmere knitwear products. As Nanguan Tech has been engaging in the production of cashmere yarn, it needs factory space for the production of cashmere yarn. Having considered the business needs of the Group and the rent and location of the Factory Plant, the Directors consider the Factory Plant is suitable for the production of cashmere yarn by Nanguan Tech and provides sufficient factory space which satisfies the production needs of Nanguan Tech for the following three years. In view of the aforesaid, the Directors (including the independent non-executive Directors) a...
INFORMATION OF THE PARTIES. CR Healthcare CR Healthcare is principally engaged in hospital investment and operation management. The Group The Group’s core business encompasses research and development, manufacturing, distribution and retail of an extensive range of pharmaceutical and other healthcare products.
INFORMATION OF THE PARTIES. 1. The Company was established at December 1994 and is principally engaged in the construction and operation of power plants, the sale of electricity and thermal power, the repair and maintenance of power equipment and power related technical services, with its main service areas being in the PRC.
