Common use of INFORMATION OF THE PARTIES Clause in Contracts

INFORMATION OF THE PARTIES. The Company is principally engaged in investment holding. Its subsidiaries are principally engaged in investment property holding in the PRC, provision of financing to customers in the PRC and investment holding. The JV Company is established in the PRC with limited liability, a non-wholly owned subsidiary of the Company, of which 77.58% equity interest is owned by the Company. It is mainly engaged in the business of provision of finance lease. Dongrui is an indirect non-wholly owned subsidiary of the Company established in the PRC with limited liability. It is principally engaged in importing and exporting factoring business, domestic and offshore factoring business and consulting service related to commercial factoring. Guangdong Iron is established in the PRC with limited liability. It is principally engaged in building and construction service. To the best knowledge, information and belief of the Directors, having made all reasonable enquiries, Guangdong Iron and its ultimate beneficial owner(s) are Independent Third Parties not connected with the Company and connected persons of the Company. The ultimate beneficial owners of Guangdong Iron are Xxx Xx and Xxxxx Xxxx Xxx. To the best knowledge of the Directors, Guangdong Iron and its respective ultimate beneficial owner(s) do not have any other past or present relationships, whether formal or informal, business or otherwise, implied or explicit, with the Company’s existing customers. IMPLICATIONS UNDER THE LISTING RULES Pursuant to Rule 14.07 of the Listing Rules, the transactions contemplated under the Factoring Agreement and the Supplemental Agreement constituted a notifiable transaction of the Company, as one of the applicable percentage ratios (defined under the Listing Rules) in respect of the transactions contemplated under the Factoring Agreement and the Supplemental Agreement exceed(s) 5% but is/ are less than 25%, the transactions contemplated under the Factoring Agreement and the Supplemental Agreement constitutes discloseable transaction of the Company and is thus subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules. On behalf of the Board Xxxxx International Holdings Limited Xxx Xxxx Xxx Company Secretary Hong Kong, 25 June 2021 As at the date of this announcement, the Board comprises Xx. Xx Xxx Xx (Chairman), Xx. Xxx Xxxx (Chief Executive Officer), and Xx. Xxx Xxxx Xxx as executive Directors; Xx. Xxx Xxxxxxxx (Vice Chairman) and Mr. Xxx Xxxxx as non-executive Directors; and Xx. Xxxx Xxxx Xxx, Xx. Xxxxx Xxx Xxxx and Mr. Xxxx Xxx Xxxx as independent non-executive Directors.

INFORMATION OF THE PARTIES. The Company Group is principally engaged in investment holdingmanufacturing and trading of textile products. Its subsidiaries CIGL is a company incorporated in Bermuda with limited liability and registered by way of continuation in the Cayman Islands, the shares of which are listed on the Main Board of the Stock Exchange (stock code: 2232). Xxxxxxx is principally engaged in investment property holding garment trading and manufacturing. To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, Xx. Xx Lok Xxxx Xxxxxxx and Xxx. Xx Xxxx Xxx Xxxxx Xxxxxx are the beneficial owners who ultimately own or control 10% or more of the total shares in CIGL. IMPLICATIONS UNDER THE LISTING RULES As at the PRCdate of this announcement, provision CIGL indirectly holds 25% of financing to customers in the PRC and investment holding. The JV Company is established in the PRC with limited liability, issued share capital of PCGT Limited (a non-wholly owned subsidiary of the Company), CIGL is a substantial shareholder of which 77.58% equity interest is owned by the Company. It is mainly engaged in the business of provision of finance lease. Dongrui is an indirect a non-wholly owned subsidiary of the Company. Accordingly, CIGL is a connected person of the Company established at the subsidiary level, and the transactions contemplated under the Master Agreement constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. As the Board (including all the independent non-executive Directors) (i) have approved the transactions contemplated under the Master Agreement and (ii) have confirmed that the terms of the Master Agreement are fair and reasonable and the transactions contemplated thereunder are on normal commercial terms or better, conducted in the PRC with limited liability. It is principally engaged in importing ordinary and exporting factoring businessusual course of business of the Group, domestic and offshore factoring business and consulting service related to commercial factoring. Guangdong Iron is established in the PRC with limited liability. It is principally engaged in building and construction service. To the best knowledge, information and belief interests of the Directors, having made all reasonable enquiries, Guangdong Iron and its ultimate beneficial owner(s) are Independent Third Parties not connected with the Company and connected persons of the Company. The ultimate beneficial owners of Guangdong Iron are Xxx Xx and Xxxxx Xxxx Xxx. To the best knowledge of the DirectorsShareholders as a whole, Guangdong Iron and its respective ultimate beneficial owner(s) do not have any other past or present relationships, whether formal or informal, business or otherwise, implied or explicit, with the Company’s existing customers. IMPLICATIONS UNDER THE LISTING RULES Pursuant pursuant to Rule 14.07 14A.101 of the Listing Rules, the transactions contemplated under the Factoring Master Agreement and the Supplemental Agreement constituted a notifiable transaction of the Company, as one of the applicable percentage ratios (defined under the Listing Rules) in respect of the proposed annual caps for such transactions contemplated under the Factoring Agreement and the Supplemental Agreement exceed(s) 5% but is/ are less than 25%, the transactions contemplated under the Factoring Agreement and the Supplemental Agreement constitutes discloseable transaction of the Company and is thus subject to the reporting reporting, annual review and announcement requirements but are exempted from the circular, independent financial advice and independent Shareholders’ approval requirements under Chapter 14 14A of the Listing Rules. On behalf None of the Board Xxxxx International Holdings Limited Xxx Xxxx Xxx Company Secretary Hong KongDirectors has a material interest in the Master Agreement and the transactions contemplated thereunder, 25 June 2021 As at and none of the date of this announcement, Directors has abstained from voting on the Board comprises Xx. Xx Xxx Xx (Chairman), Xx. Xxx Xxxx (Chief Executive Officer), resolution(s) for considering and Xx. Xxx Xxxx Xxx as executive Directors; Xx. Xxx Xxxxxxxx (Vice Chairman) and Mr. Xxx Xxxxx as non-executive Directors; and Xx. Xxxx Xxxx Xxx, Xx. Xxxxx Xxx Xxxx and Mr. Xxxx Xxx Xxxx as independent non-executive Directorsapproving the same.

INFORMATION OF THE PARTIES. The Company is principally engaged in investment holding. Its subsidiaries are principally engaged in investment property holding in the PRC, provision of financing to customers in the PRC and investment holding. The JV Company is established in the PRC with limited liability, a non-wholly owned subsidiary of the Company, of which 77.58% equity interest is owned by the Company. It is mainly engaged in the business of provision of finance lease. Dongrui is an indirect non-wholly owned subsidiary of the Company established in the PRC with limited liability. It is principally engaged in importing and exporting factoring business, domestic and offshore factoring business and consulting service related to commercial factoring. Guangdong Iron Chongqing Chaofung is established in the PRC with limited liability. It is principally engaged in building and construction service. To the best knowledge, information and belief of the Directors, having made all reasonable enquiries, Guangdong Iron Chongqing Chaofung and its ultimate beneficial owner(s) are Independent Third Parties not connected with the Company and connected persons of the Company. The ultimate beneficial owners of Guangdong Iron Chongqing Chaofung are Xx Xxx Xx Xxx and Xxxxx Xxxx XxxXxxx. To the best knowledge of the Directors, Guangdong Iron Chongqing Chaofung and its respective ultimate beneficial owner(s) do not have any other past or present relationships, whether formal or informal, business or otherwise, implied or explicit, with the Company’s existing customers. IMPLICATIONS UNDER THE LISTING RULES Pursuant to Rule 14.07 of the Listing Rules, the transactions contemplated under the Factoring Agreement and the Supplemental Agreement constituted a notifiable transaction of the Company, as one of the applicable percentage ratios (defined under the Listing Rules) in respect of the transactions contemplated under the Factoring Agreement and the Supplemental Agreement exceed(s) 5% but is/ are less than 25%, the transactions contemplated under the Factoring Agreement and the Supplemental Agreement constitutes discloseable transaction of the Company and is thus subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules. On behalf of the Board Xxxxx International Holdings Limited Xxx Xxxx Xxx Company Secretary Hong Kong, 25 June 2021 As at the date of this announcement, the Board comprises Xx. Xx Xxx Xx (Chairman), Xx. Xxx Xxxx (Chief Executive Officer), and Xx. Xxx Xxxx Xxx as executive Directors; Xx. Xxx Xxxxxxxx (Vice Chairman) and Mr. Xxx Xxxxx as non-executive Directors; and Xx. Xxxx Xxxx Xxx, Xx. Xxxxx Xxx Xxxx and Mr. Xxxx Xxx Xxxx as independent non-executive Directors.

INFORMATION OF THE PARTIES. The Company Group is principally engaged in investment holding(i) the manufacture and sale of aluminium profiles which are applied as construction and industrial materials; and (ii) property development. Its subsidiaries are principally engaged in investment property holding in the PRC, provision of financing to customers in the PRC and investment holding. The JV Company is established in the PRC with limited liability, a non-wholly owned subsidiary of the Company, of which 77.58% equity interest is owned by the Company. It is mainly engaged in the business of provision of finance lease. Dongrui Guangdong Xingfa is an indirect nonwholly-wholly owned subsidiary of the Company established in the PRC with limited liability. It and is principally engaged in importing the manufacture and exporting factoring business, domestic and offshore factoring business and consulting service related to commercial factoringsale of aluminium profiles. Guangdong Iron is established in the PRC with limited liability. It Xingfa Curtain Wall is principally engaged in building the decoration, design, production and construction serviceinstallation of curtain wall, door and window projects made from aluminium profiles. As at the date of the announcement, Xxxxxx Xxxxxxx Xxxx is owned as to 21% by Xx. XXXX Xxxxxx, an executive Director and a substantial Shareholder, and as to 46% by Xx. XXX Xx, the Honourable Adviser of the Group and the father-in-law of Xx. XXXX Xxxxxx. By virtue of the aforesaid relationships, Xingfa Curtain Wall is a connected person of the Company under the Listing Rules. VIEWS OF THE DIRECTORS 2021–2023 Master Supply Agreement Having considered the reasons for and benefits of the revision of the Existing Annual Caps mentioned above, the Directors (including the independent non-executive Directors) are of the view that (i) the 2021–2023 Master Supply Agreement is entered into in the ordinary course of business; (ii) the terms of the 2021–2023 Master Supply Agreement are on normal commercial terms and are fair and reasonable; and (iii) it is in the interest of the Group and the Shareholders as a whole to continue to supply aluminium profiles to Xingfa Curtain Wall pursuant to the 2021–2023 Master Supply Agreement with the Revised Annual Caps. Engineering Service Agreement Taking into account the reasons for and benefits of entering into the Engineering Service Agreement, the Directors (including the independent non-executive Directors) are of the view that the terms of the Engineering Service Agreement are on normal commercial terms and that the terms of the Engineering Service Agreement and the related annual cap (for the six months ending 31 December 2021) set out above are fair and reasonable and in the interests of the Company and the Shareholders as a whole. To the best of the Directors’ knowledge, information and belief of the Directors, and having made all reasonable enquiries, Guangdong Iron and its ultimate beneficial owner(s) are Independent Third Parties not connected with the Company and connected persons by virtue of the Companyrelationship between Xx. The ultimate beneficial owners of Guangdong Iron are Xxx Xx XXXX Xxxxxx, an executive Director and Xxxxx Xxxx Xxxa substantial Shareholder, and Xingfa Curtain Wall, Xx. To XXXX has material interest in the best knowledge 2021–2023 Master Supply Agreement, the Engineering Service Agreement and the respective transactions contemplated thereunder, (i) Xx. XXXX had abstained from voting on the resolutions of the DirectorsBoard to approve the Revised Annual Caps of the 2021– 2023 Master Supply Agreement, Guangdong Iron and its respective ultimate beneficial owner(s(ii) do not have any other past or present relationships, whether formal or informal, business or otherwise, implied or explicit, with the Company’s existing customersEngineering Service Agreement and the transactions contemplated thereunder as well as the related annual cap (for the six months ending 31 December 2021). IMPLICATIONS UNDER THE LISTING RULES Pursuant to Rule 14.07 In view of the Listing Rules, the transactions contemplated under the Factoring Agreement and the Supplemental Agreement constituted a notifiable transaction of the Companyfact that, as one of the applicable percentage ratios (defined under the Listing Rules) in respect of the transactions contemplated under the Factoring Agreement and the Supplemental Agreement exceed(s) 5% but is/ are less than 25%, the transactions contemplated under the Factoring Agreement and the Supplemental Agreement constitutes discloseable transaction of the Company and is thus subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules. On behalf of the Board Xxxxx International Holdings Limited Xxx Xxxx Xxx Company Secretary Hong Kong, 25 June 2021 As at the date of this announcement, the Board comprises Xxxxxx Xxxxxxx Xxxx is owned as to 21% by Xx. Xx Xxx Xx (Chairman)XXXX Xxxxxx, an executive Director and a substantial Shareholder, and as to 46% by Xx. Xxx Xxxx (Chief Executive Officer)XXX Xx, the Honourable Adviser of the Group and the father-in-law of Xx. Xxx Xxxx Xxx as executive Directors; XxXXXX Xxxxxx, Xxxxxx Xxxxxxx Wall is a connected person of the Company under the Listing Rules. Xxx Xxxxxxxx (Vice Chairman) Accordingly, the transactions contemplated under each of the 2021–2023 Master Supply Agreement and Mr. Xxx Xxxxx as non-executive Directors; and Xx. Xxxx Xxxx Xxx, Xx. Xxxxx Xxx Xxxx and Mr. Xxxx Xxx Xxxx as independent non-executive Directorsthe Engineering Service Agreement constitute continuing connected transactions for the Company under Chapter 14A of the Listing Rules.