GRGC definition

GRGC means Guangzhou Railway (Group) Company, our largest shareholder.
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GRGC. China Railway Guangzhou Group Co., Ltd.*（中國鐵路廣州局集團有限公司）, a company incorporated under the PRC laws, and the largest shareholder of the Company “GRGC Group” GRGC and all the companies, entities or departments owned or controlled by it (excluding the Group)
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GRGC means China Railway Guangzhou Group Co., Ltd., f/k/a Guangzhou Railway (Group) Company Limited, our largest shareholder.
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Examples of GRGC in a sentence

  • In this regard, the Company has been providing GRGC with its monthly financial data summaries during the reporting period.

  • During the reporting period, in view of the highly centralized and systematic transportation management over the nationwide railway network, it is necessary for the Company’s largest shareholder, GRGC, to obtain the Company’s financial information in order to exercise its administrative functions as an industry leader according to the law and administrative regulations.

  • GRGC will reduce the number of connected transactions as much as practicable in its operation relations with the Company.

  • GRGC or any of its subsidiaries will not engage, directly or indirectly, in any business activities that may compete with the railway transportation and related businesses of the Company within the service territory of the Company.

  • For necessary connected transactions, GRGC will perform these connected transactions on the basis of openness, justice and fairness without abusing its position as the largest shareholder and behaving in a manner that is detrimental to the interests of the Company.

  • After the acquisition of the transportation businesses and assets of Guangzhou-Pingshi Railway, GRGC or any of its subsidiaries will not compete with the Company within the service territory of the Company either.

  • The leasing agreement entered into by the Company and GRGC became officially effective on 1 January 2007, pursuant to which the land use right for the Guangzhou-Pingshi Railway line was leased to the Company by GRGC for a term of 20 years.

  • For necessary connected transactions, GRGC will perform these connected transactions on the basis of openness, justice and fairness without abusing its position as a large shareholder and behaving in a manner that is detrimental to the interests of the Company.

  • After the acquisition of the transportation operational assets and businesses of Guangzhou-Pingshi Railway, GRGC and any of its subsidiaries will not compete with the Company either.

  • As at the date of this announcement, GRGC, the largest Shareholder, holds an aggregate of 37.12% of the issued share capital of the Company.


More Definitions of GRGC

GRGC. China Railway Guangzhou Group Co., Ltd. (中國鐵路廣州局集團有限公司) (formerly known as Guangzhou Railway (Group) Company (廣州鐵路 (集團)公司 )), a company incorporated under the PRC laws and the largest Shareholder of the Company “Group” the Company and its subsidiaries “GRRE” Guangzhou Railway Real Estate Construction Engineering Co., Ltd. (廣州鐵路地產置業有限公 司), a company incorporated under the PRC laws and a connected person of the Company “H Share” overseas listed foreign shares of the Company with a par value of RMB1.00 issued in Hong Kong and listed on the Stock Exchange, denominated in Hong Kong dollar “Listing Rules” the Rules Governing the Listing of Securities on the Stock Exchange
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GRGC means Guangzhou Railway (Group) Company , a company incorporated under the PRC laws and the substantial Shareholder
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