Hisense Group definition

Hisense Group. Qingdao Hisense Electronic Holding Ltd. (“HEH”), Qingdao Hisense Electric Ltd.(“Hisense Electric”) and Hisense Optoelectronic Technologies Co. (“Hisense OE”), and are referred to herein as the “Transaction Documents”; and
Hisense Group means Hisense Co. Ltd.

Examples of Hisense Group in a sentence

  • Each of Hisense Group and its Subsidiaries are Associates of Hisense Air-Conditioning and therefore connected persons of the Company according to the Hong Kong Listing Rules.

  • Hisense Group was incorporated in August 1979 with its registered address at ▇▇.

  • The relevant companies which have become Subsidiaries of the Company after completion of the acquisition of the Target Group have conducted similar transactions with the relevant Subsidiary of Hisense Group in the past.

  • Pursuant to the Business Co-operation Framework Agreement 2, the Company has agreed that the Group shall engage Hisense Group and/or Hisense Electric for the provision of property management service, medical service, material processing services, installation and maintenance, management consultancy and agency services for import and export, leasing, design, equipment management, advertising and information system maintenance.

  • Further, Hisense Group and/or Hisense Electric possesses the expertise and experience for the provision and maintenance of services of such nature which can enable the Group to carry out its daily operation smoothly.

  • It can also facilitate the Group’s production of refrigerators and air-conditioners for its sale to Hisense Group and/or Hisense Electric.

  • At Closing, all of the issued and outstanding stock of Ligent US will be owned 50% by HEH and 50% by Hisense Group.

  • As at the date of this announcement, as (i) Hisense Group (through its indirect interest in the Company held by Hisense Air-conditioning and Hisense HK) is the controlling shareholder of the Company; and (ii) each of Hisense Financial Investment, Hisense Electronic Equipment and Hisense International is a subsidiary of Hisense Group, each of Hisense Financial Investment, Hisense Electronic Equipment and Hisense International is a connected person of the Company according to the Hong Kong Listing Rules.

  • It is contemplated that Ligent US and Hisense OE may borrow funds on commercially reasonable terms from Hisense Group or other third parties for the sole purpose of funding the operations of Ligent US, the STB Division and Hisense OE, in an aggregate amount not to exceed US $9,000,000 (the “Hisense Loans”).

  • The Group has the right to engage from time to time according to its own needs service providers other than Hisense Group and/or Hisense Electric to provide the aforesaid services to the Group.