Proposed Annual Caps Sample Clauses

Proposed Annual Caps. The Directors propose that the total annual purchase amount by Shengmu High-tech from Aiyangniu Technology under the Materials Supply Framework Agreement shall not exceed RMB30 million, RMB30 million and RMB30 million for the three years ending 31 December 2020, 2021 and 2022, respectively. In determining such annual caps, the Directors have considered the following factors:

Proposed Annual Caps. The proposed annual caps for the transactions in relation to the provision of Contract Energy Management, Contract Environment Management and Exclusive Operation by CR Energy Services or its subsidiaries pursuant to the Framework Agreement for the years ending 31 December 2014, 2015 and 2016 are expected to be RMB100 million, RMB300 million and RMB500 million, respectively (equivalent to approximately HK$126.21 million, HK$378.63 million and HK$631.05 million, respectively). The proposed annual caps for the transactions in relation to the provision of Contract Energy Management, Contract Environment Management and Exclusive Operation pursuant to the Framework Agreement have been determined after arm’s length negotiation with reference to (i) the historical transaction amount; (ii) with respect to Contract Energy Management and Contract Environment Management, the expected amount of capital expenditure to be undertaken by CR Energy Services or its subsidiaries on the relevant projects, the term of the individual contracts and the rate of return determined by CR Energy Services at the tender conducted by the Group; and (iii) with respect to Exclusive Operation, the total amount of net power generation and the maximum amount of subsidies for electricity price of RMB1.5 cent/kWh, RMB1 cent/kWh and RMB0.2 cent/kWh pursuant to the relevant national policies in relation to franchised desulfurization, denitration and ash-removal projects in the PRC, respectively.

Proposed Annual Caps. The proposed annual caps for the transactions under the Commercial Factoring Services Agreement for the three years ending 31 December 2028 are determined primarily based on the factor that Eastern Air Factoring is qualified to conduct UATP card issuance and accounts receivable factoring financing services. In order to attract corporate clients, optimize cash flow, and further expand its international business, the Company expects to engage in transactions with Eastern Air Factoring involving commercial factoring related to UATP, factoring financing of accounts receivable unrelated to UATP, accounts receivable management and related advisory services. Taking into account the factors above, the proposed annual caps for the transactions under the Commercial Factoring Services Agreement are set out as below: The maximum daily outstanding balance (including factoring handling and advisory service fees) contemplated under the Commercial Factoring Services Agreement 510 1,020 1,530 As the highest applicable percentage ratio set out in the Hong Kong Listing Rules in respect of the Commercial Factoring Services and the Commercial Factoring Advisory Services under provided by Eastern Air Factoring to the Company under the Commercial Factoring Services Agreement exceeds 0.1% but is less than 5% on an annual basis, such transactions are subject to the reporting, announcement and annual review requirements only and are exempt from Independent Shareholders’ approval under the Hong Kong Listing Rules. As the highest applicable percentage ratio set out in the Hong Kong Listing Rules for the Commercial Factoring Advisory Services provided by the Company to Eastern Air Factoring under the Commercial Factoring Services Agreement is less than 0.1%, such transactions are exempt from all reporting, announcement, annual review and Independent Shareholders’ approval requirements pursuant to Rule 14A.76 of the Hong Kong Listing Rules. Should the actual transaction amount exceed the de minimis threshold in future, the Company will comply with the applicable connected transaction regulatory requirements under Chapter 14A of the Hong Kong Listing Rules.

Proposed Annual Caps. The proposed annual caps for the provision of deposit services under the Financial Services Agreement for the three years ending 31 December 2028 are determined primarily based on the following factors:

Proposed Annual Caps. The Directors propose that the total annual purchase amount by the Group (excluding ▇▇▇▇▇▇▇ ▇▇▇▇▇) from Shengmu Pangu under the Milk Supply Framework Agreement shall not exceed RMB333.1 million, RMB421.5 million and RMB454.2 million for the three years ending 31 December 2017, 2018 and 2019, respectively. In determining such annual caps, the Directors have considered the following factors:

Proposed Annual Caps. Set out below are the proposed annual caps for the period from 1 April to 31 December 2018 and the year ending 31 December 2019 for (i) the contractual fee payable by China Cargo Airlines to the Company under the Contractual Operation Agreement; and (ii) the Operation Cost payable by the Company to China Cargo Airlines under the Operation Cost Agreement: (in millions of RMB) (in millions of RMB) the contractual fee payable by China Cargo Airlines to the Company under the Contractual Operation Agreement 3,000 4,000 the Operation Cost payable by the Company to China Cargo Airlines under the Operation Cost Agreement 265 353 The proposed annual caps for the period from 1 April to 31 December 2018 and the year ending 31 December 2019 for the contractual fee payable by China Cargo Airlines to the Company under the Contractual Operation Agreement are determined with reference to: (i) the Bench ▇▇▇▇ ▇▇▇▇▇ (Without Tax) for the period from April to December of 2018 amounting to approximately RMB2,737 million as evaluated by the Valuer according to the formula stated above in the paragraph headed “Contractual Operation Agreement — Pricing” and after taking into account the market price in terms of determining the revenue level per kilometre, a factor in the formula (a summary of the Valuation Report will be disclosed in the Circular); (ii) the historical amount of the revenue of Bellyhold Space freight business of the Group for the year ended 31 December 2017 amounting to approximately RMB3,300 million; (iii) a buffer of 10% based on the Bench ▇▇▇▇ ▇▇▇▇▇ (Without Tax) for the period from 1 April to 31 December 2018 to adjust the potential difference between the audited actual revenue (without tax) of operating the Bellyhold Space Business and the Bench ▇▇▇▇ ▇▇▇▇▇ (Without Tax); and (iv) the future expansion of operation scale of the Company and the overall situation of the freight market. The proposed annual caps for the period from 1 April to 31 December 2018 and the year ending 31 December 2019 for the Operation Cost payable by the Company to China Cargo Airlines under the Operation Cost Agreement are determined with reference to: (i) the historical amount of the cost arising from the operation of the Bellyhold Space freight business and the average cost rate of 8.823% for the three years from 2014 to 2016 as calculated by ▇▇▇▇▇ & ▇▇▇▇▇; (ii) the proposed annual caps for the contractual fee payable by China Cargo Airlines to the Company under the Contractual Opera...

Proposed Annual Caps. Set out below are the maximum daily deposit amounts and the interests on deposits under the 2024 Financial Services Agreement during the following periods: Maximum daily deposit amounts (including interest accrued thereon) 30 30 30

Proposed Annual Caps. The table below sets out the Proposed Annual Caps for each category of the Continuing Connected Transactions for 2025.

Proposed Annual Caps. The proposed annual caps for the transactions contemplated under the West Wing Yihua Building Tenancy Agreement for the three years ending 31 December 2021 are set out below: For the year ending 31 December For the year ending 31 December For the year ending 31 December West Wing Yihua Building Tenancy Agreement 137 137 137 The annual cap for each the years ending 31 December 2019, 2020 and 2021 was calculated by multiplying the agreed monthly rent (inclusive of management fee) of RMB11,380.0 (equivalent to approximately HK$12,745.6) by 12 months. In arriving at the monthly rent (inclusive of management fee) and proposed annual caps, the Directors have taken into account the following factors: