INFORMATION OF THE PARTIES Sample Clauses

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, inclusive finance, new energy and manufacturing of high-end equipment. Information of the Asset Transferee The Asset Transferee is a company with limited liability incorporated in the PRC on 21 July 2010 and located in Chongqing City, the PRC, which is mainly engaged in the businesses of finance leasing, transfer and acceptance of finance lease assets, 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 under the Asset Transfer Agreement constitutes a discloseable transaction of the Company and is subject to the announcement requirement but is exempt from the shareholdersapproval requirement under Chapter 14 of the Listing Rules.
AutoNDA by SimpleDocs
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. 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 II is a limited liability company incorporated in the PRC, which is principally engaged in science and technology promotion and application services. Information of the Supplier The Supplier is a limited liability company incorporated in the PRC, which is principally engaged in technical services, technology development industry. LISTING RULES IMPLICATIONS As the transactions under the Purchase Agreements and the Financial 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 the Purchase Agreement II and the Finance Lease Agreement IV 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 Agreement II and the Finance Lease Agreement IV constitutes 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. (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. 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. 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, development, production and sales of titanium alloy products. Lessee II is a limited liability company incorporated in the PRC, which is principally engaged in the research, development, production and sales of titanium alloy products. Information of the Supplier The Supplier is a limited liability company incorporated in the PRC, which is principally engaged in the research, development, production and sales of titanium alloy products. LISTING RULES IMPLICATIONS The Lessees and the Supplier are under the common control of the same ultimate beneficial owner, the Lessees and the Supplier are parties connected with one another (as set out under Rule 14.23 of the Listing Rules). As the transactions under the 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 Agreement and the Finance Lease Agreements is higher than 5% but less than 25%, the transactions contemplated under the Purchase Agreement 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.
AutoNDA by SimpleDocs
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. 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.
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.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!