Annto definition

Annto. 安得物流股份有限公司 (Annto Logistics Co., Ltd.*), a company incorporated in the PRC with limited liability and a subsidiary of Midea
View Source
Annto means 安得物流股份有限公司 (Annto Logistics Co., Ltd.*) (formerly known as 蕪湖安得物流股份有限公司 (Wuhu Annto Logistics Co., Ltd.*), a limited company incorporated in the PRC and a subsidiary of Midea;
View Source

Examples of Annto in a sentence

  • Annto is a subsidiary of Midea with its principal business engaged in logistic and transportation services including cargo agent services, general road cargo transportation, warehousing management and logistic technologies consultation services.

  • In general, Annto will calculate the logistic service fees on a monthly basis prior to the 15th day of following month.

  • Annto has been one of the logistic service providers of the Group since 2008.

  • Upon receiving the counterparty’s confirmation on the amount, Annto will issue the invoices and the counterparty will settle the payments in the form of cash within 15 days after issuance of invoices or on an agreed period basis.

  • Given that the Existing Logistic Service Agreement will expire on 31 December 2016, the Company had on 2 December 2016 entered into the 2016 Logistic Service Agreement with Annto for the revision, setting of new annual caps and extension of the term of the Existing Logistic Service Agreement for a term of three years commencing from 1 January 2017 to 31 December 2019 (both days inclusive).

  • As Annto has a thorough understanding of the Group’s requirements for its operations, this enables Annto to provide more efficient and reliable Logistic Services to the Group.

  • Reference is made to the announcement of the Company dated 23 June 2014 in respect of the Existing Logistic Service Agreement entered into between the Company and Annto for the provision of the Logistic Services by Annto and/or its subsidiaries to the Group.

  • As Annto is a subsidiary of Midea which is a controlling shareholder of the Company, each of Annto and its subsidiaries is an associate of Midea and therefore a connected person of the Company under the Listing Rules.

  • Annto is a subsidiary of Midea which is a controlling shareholder of the Company, each of Annto and its subsidiaries is an associate of Midea and therefore a connected person of the Company under the Listing Rules.

  • The historical actual amounts of logistic service fees paid by the Group to Annto for the year ended 31 December 2013 and for the four months ended 30 April 2014 amounted to RMB5,659,000 and RMB2,507,000, respectively.