Beijing Capital Airport. Beijing Capital International Airport “Board” the board of Directors

Beijing Capital Airport. Beijing Capital International Airport “Board” the board of Directors “CAVIP” Capital Airport VIP Services Management Co., Ltd.* ( 首都空港貴賓服務管理有限公司), a limited liability company established in the PRC and a wholly-owned subsidiary of the Parent Company “Company” Beijing Capital International Airport Company Limited ( 北京首都國際機場有限公司 ), a sino-foreign joint stock limited company incorporated in the PRC with limited liability, and the H-Shares of which are listed on the Stock Exchange “connected person(s)” has the same meaning as ascribed to it in the Listing Rules “controlling shareholder” has the same meaning as ascribed to it in the Listing Rules “COVID-19” novel coronavirus “Director(s)” the director(s) of the Company “Fees Waiver Policy for Businesses in International Departure Area and Olympics Security Area” the policy of the Company in relation to the waiver of rentals and operating fees for food and beverage business, advertising business, VIP business and convenience business at Beijing Capital Airport due to the impact of COVID-19 and the security for the Winter Olympics, details of which were disclosed in the 2021 Inside Information Announcement “Flexible Retail and F&B Resources Usage Agreement” the tripartite domestic retail and food and beverage resources usage agreement dated 13 August 2021 entered into among the Company, Beijing Airport Commercial and Trading and Beijing Airport Food Management, details of which were disclosed in the 2021 F&B Resources Usage Announcement and the 2021 F&B Resources Usage Circular “H-Share(s)” the overseas listed foreign share(s) of the Company with a nominal value of RMB1.00 each in the registered capital of the Company “Independent Shareholder(s)” the Shareholder(s) other than the Parent Company, its associates and any other Shareholder who has a material interest in the transactions contemplated under any of the 2021 Supplemental Agreements “Listing Rules” the Rules Governing the Listing of Securities on the Stock Exchange “Parent Company” Capital Airports Holdings Limited* ( 首都機場集團有限公司 ), (formerly known as Capital Airports Holding Company* ( 首都機場集團公司 )), an enterprise established in the PRC and the controlling shareholder of the Company

Beijing Capital Airport. Beijing Capital International Airport “Board” the board of Directors “Company” Beijing Capital International Airport Company Limited, a sino- foreign joint stock limited company incorporated in the PRC with limited liability, and the H Shares of which are listed on the Stock Exchange “connected person” has the meaning ascribed to it under the Listing Rules “connected transaction” has the meaning ascribed to it under the Listing Rules “Director(s)” the director(s) of the Company “Food and Beverage Leasing Agreement” the agreement dated 28 December 2017 entered into between the Company and Beijing Airport Food Management for the leasing of the designated food and beverage resources at Beijing Capital Airport from the Company to Beijing Airport Food Management “H Share(s)” overseas listed foreign shares of nominal value of RMB1.00 each in the registered capital of the Company “Independent Shareholders” the Shareholders other than the Parent Company, its associates and any other Shareholder who has a material interest in the transactions contemplated under the Supplemental Food and Beverage Leasing Agreement “Inside Information Announcements” the inside information announcements of the Company dated 31 March 2020 and 19 May 2020 in relation to the Rental Waiver Policy “Listing Rules” the Rules Governing the Listing of Securities on the Stock Exchange “Parent Company” Capital Airports Holding Company* ( 首都機場集團公司 ), an enterprise established in the PRC and the controlling shareholder of the Company

Examples of Beijing Capital Airport in a sentence

The Company is principally engaged in the operation of Beijing Capital Airport.
The Company is principally engaged in the operation of the Beijing Capital Airport.
In determining the estimated amount of annual service fee, the Parties will anticipate the scale of adjustment of the number of frontline staff of Aviation Security Company and thereby calculate the estimated amount of labour costs for each year, by taking into account adjustment factors such as the forecast of business volume at Beijing Capital Airport and the need for safeguard of aviation security.
Based on safety targets and the Company’s demand for aviation safety and security guard services, it is anticipated that the actual amount of labour cost for the provision of aviation safety and security guard services at Beijing Capital Airport for the year ending 31 December 2021 should not deviate from the estimated amount of labour cost by more than 10%.
Therefore, the Parent Company is competing with the Company which is engaged in the operation of theaeronautical and non-aeronautical businesses of Beijing Capital Airport.
As the impact of the pandemic on international passenger throughput was minimal in January 2020, the international passenger throughput at the Beijing Capital Airport for the six months ended 30 June 2021 still showed a trend of sharp decline as compared with the same period of the previous year, which in turn resulted in a significant decrease in the related non-aeronautical revenue as compared with the same period of the previous year.
The net loss for the six months ended 30 June 2021 was mainly attributable to the continuous impact of the COVID-19 pandemic, which caused uncertainty in respect of the rebound of the international passenger throughput at the Beijing Capital Airport.
The decrease in passenger throughput has led to lower demand for retail as well as food and beverage services, with approximately 65% of the retail stores and 40% of the food and beverage outlets at the Beijing Capital Airport opening for business as at 30 June 2021.
The Company is principally engaged in the operations of Beijing Capital Airport.
The Board announces that on 29 December 2020, the Company entered into the Food and Beverage Resources Usage Agreement with Beijing Airport Food Management, pursuant to which the Company agreed to permit Beijing Airport Food Management to use the designated food and beverage resources in Beijing Capital Airport for a term of three years commencing from 1 January 2021 to 31 December 2023.

More Definitions of Beijing Capital Airport

Beijing Capital Airport. Beijing Capital International Airport “Board” the board of Directors “Company” Beijing Capital International Airport Company Limited (北京首都國際機場股份有限公司), a sino-foreign joint stock limited company incorporated in the PRC with limited liability, and the H Shares of which are listed on the Stock Exchange “connected person(s)” has the meaning ascribed to it under the Listing Rules “controlling shareholder(s)” has the meaning ascribed to it under the Listing Rules “COVID-19” novel coronavirus “Director(s)” the director(s) of the Company “H Share(s)” overseas listed foreign share(s) of nominal value of RMB1.00 each in the registered capital of the Company “Independent Shareholder(s)” the Shareholder(s) other than the Parent Company, its associates and any other Shareholder who has a material interest in the transactions contemplated under the Purchase of Temporary Storage and Lost and Found Services Agreement, as the case may be “Listing Rules” the Rules Governing the Listing of Securities on the Stock Exchange “Parent Company” Capital Airports Holdings Limited* (首都機場集團有限公司) (formerly known as Capital Airports Holding Company* (首都機場集團公司)), an enterprise established in the PRC and the controlling shareholder of the Company

Beijing Capital Airport. Beijing Capital International Airport “Board” the board of Directors “Company” Beijing Capital International Airport Company Limited (北京首都國際機場股份有限公司), a sino-foreign joint stock limited company incorporated in the PRC with limited liability, and the H Shares of which are listed on the Stock Exchange “connected person(s)” has the meaning ascribed to it under the Listing Rules “controlling shareholder” has the meaning ascribed to it under the Listing Rules “Director(s)” the director(s) of the Company “H Share(s)” overseas listed foreign share(s) of nominal value of RMB1.00 each in the registered capital of the Company “Independent Shareholder(s)” the Shareholder(s) other than the Parent Company, its associates and any other Shareholder who has a material interest in the transactions contemplated under the BAFM Premises Leasing Agreement, as the case may be “Listing Rules” the Rules Governing the Listing of Securities on the Stock Exchange “Parent Company” Capital Airports Holdings Limited* (首都機場集團有限公司) (formerly known as Capital Airports Holding Company* (首都機場集團公司)), an enterprise established in the PRC and the controlling shareholder of the Company

Beijing Capital Airport. Beijing Capital International Airport “Board” the board of Directors “Company” Beijing Capital International Airport Company Limited (北京首都國際機場股份有限公司), a sino-foreign joint stock limited company incorporated in the PRC with limited liability, and the H Shares of which are listed on the Stock Exchange “connected person(s)” has the meaning ascribed to it under the Listing Rules “controlling shareholder” has the meaning ascribed to it under the Listing Rules “Director(s)” the director(s) of the Company “Former Tourism Business Leasing Agreement” the tourism business leasing agreement dated 2 January 2019 entered into between the Company and Beijing Airport Tourism Business, which constituted de minimis transactions under Rule 14A.76 of the Listing Rules and were fully exempt under Chapter 14A of the Listing Rules “H Share(s)” overseas listed foreign share(s) of nominal value of RMB1.00 each in the registered capital of the Company “Independent Shareholder(s)” the Shareholder(s) other than the Parent Company, its associates and any other Shareholder who has a material interest in the transactions contemplated under the Tourism Business Resources Usage Agreement “Listing Rules” the Rules Governing the Listing of Securities on the Stock Exchange “Parent Company” Capital Airports Holdings Limited* (首都機場集團有限公司) (formerly known as Capital Airports Holding Company* (首都機場集團公司)), an enterprise established in the PRC and the controlling shareholder of the Company “Parties” the parties to the Tourism Business Resources Usage Agreement

Beijing Capital Airport. Beijing Capital International Airport “Board” the board of Directors “Circular” a circular of the Company containing, among other things, details of the International Retail Management Agreement, the letter from the Independent Board Committee to the Independent Shareholders, and the letter of advice from the Independent Financial Adviser to the Independent Board Committee and the Independent Shareholders

Related to Beijing Capital Airport

Working Capital Target means $0.
Working Capital Amount shall have the meaning specified in Section 3.4(e).
Net Working Capital Target means $0.00.
Closing Net Working Capital means the Net Working Capital as of the open of business on the Closing Date.
Target Working Capital Amount means Nineteen Million Dollars ($19,000,000).
Target Net Working Capital Amount means $5,000,000.
Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.
Target Working Capital means $0.
Working Capital Adjustment has the meaning set forth in Section 2.15(b).
Actual Working Capital has the meaning set forth in Section 2.7(a).
Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.
Final Working Capital has the meaning set forth in Section 2.4(b)(iii).
Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.
Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.
Target Net Working Capital means $0.
Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.
Working Capital Units shall have the meaning given in the Recitals hereto.
Working Capital Advance has the meaning specified in Section 2.01(c).
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.
Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.
Base Working Capital means negative USD$250,000 in aggregate for the Target Entities.
Working Capital Adjustment Amount means the amount (which may be positive or negative) equal to the result of the Closing Net Working Capital minus the Target Working Capital Amount.

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