INFORMATION OF THE PARTIES. Information of the Company The Company is a company established in the PRC in 1984 and converted into a joint stock limited company on 28 September 2015. The principal business of the Company includes providing comprehensive leasing services to high-quality customers in industries including aviation, infrastructure, shipping, vehicle and construction machinery. Information of the Assets Transferor The Assets Transferor is a limited liability company incorporated in the PRC on 16 May 2017 and is located in Guangdong Province, the PRC. It mainly engages in finance lease, transfer and acquisition of finance lease assets, and fixed income securities investment. IMPLICATION OF LISTING RULES According to Chapter 14 of the Listing Rules, as the highest applicable percentage ratio of the transaction under the Assets Transfer Agreements is higher than 5% but lower than 25%, such transaction constitutes a discloseable transaction of the Company and is subject to the announcement requirement but is exempt from the shareholders’ approval requirement under Chapter 14 of the Listing Rules.
INFORMATION OF THE PARTIES. Information of the Company The Company is a pioneer and a dedicated finance lease company in serving technology and new economy companies in China. As the sole finance lease platform under Zhongguancun Development Group Co., Ltd. ( 中關村發展集團股份有限公司), the Company offers efficient finance lease solutions and a variety of advisory services to satisfy technology and new economy companies’ needs for financial services at different stages of their growth. The Company’s finance lease solutions primarily take the form of direct lease and sale-and-leaseback. The Company also delivers a variety of advisory services, including policy advisory and management and business consulting, to help its customers achieve rapid growth. Information of the Lessee Lessee is a limited liability company incorporated in the PRC, which is principally engaged in unmanned retail service operation.
INFORMATION OF THE PARTIES. Information of the Company The Company is a pioneer and a dedicated finance lease company in serving technology and new economy companies in China. As the sole finance lease platform under Zhongguancun Development Group Co., Ltd. ( 中關村發展集團股份有限公司), the Company offers efficient finance lease solutions and a variety of advisory services to satisfy technology and new economy companies’ needs for financial services at different stages of their growth. The Company’s finance lease solutions primarily take the form of direct lease and sale-and-leaseback. The Company also delivers a variety of advisory services, including policy advisory and management and business consulting, to help its customers achieve rapid growth. Information of the Lessees Lessee I is a limited liability company incorporated in the PRC, which is principally engaged in research and development of fluid machinery equipment for oil and gas productions. Lessee II is a limited liability company incorporated in the PRC, which is principally engaged in research and development, leasing and sales of fluid machinery equipment for oil and gas productions.
INFORMATION OF THE PARTIES. Information of the Company The Company is a pioneer and a dedicated finance lease company in serving technology and new economy companies in China. As the sole finance lease platform under Zhongguancun Development Group Co., Ltd. ( 中關村發展集團股份有限公司), the Company offers efficient finance lease solutions and a variety of advisory services to satisfy technology and new economy companies’ needs for financial services at different stages of their growth. The Company’s finance lease solutions primarily take the form of direct lease and sale-and-leaseback. The Company also delivers a variety of advisory services, including policy advisory and management and business consulting, to help its customers achieve rapid growth. Information of the Lessee Lessee is a limited liability company incorporated in the PRC, which is principally engaged in oil and gas drilling engineering services, drilling special technical services and drilling engineering energy saving services. Information of Suppliers Supplier I: a limited liability company incorporated in the PRC, which is principally engaged in oil industry special equipment related services. Supplier II: a limited liability company incorporated in the PRC, which is principally engaged in oil drilling special equipment manufacturing and sales. LISTING RULES IMPLICATIONS As the transactions under the Purchase Agreements and the Finance Lease Agreements were entered into during the 12-month period, according to Rule 14.22 of the Listing Rules, the transactions thereunder shall be aggregated as a series of transactions. As the highest applicable percentage ratio under each of the Purchase Agreements and the Finance Lease Agreements is less than 5%, while the highest applicable percentage ratio upon aggregation of the Purchase Agreements and the Financial Lease Agreements is higher than 5% but less than 25%, the transactions contemplated under the Purchase Agreements and the Finance Lease Agreements constitute a discloseable transaction of the Company and are subject to the notification and announcement requirements under Chapter 14 of the Listing Rules.
INFORMATION OF THE PARTIES. Information of the Company The Company is a pioneer and a dedicated finance lease company in serving technology and new economy companies in China. As the sole finance lease platform under Zhongguancun Development Group Co., Ltd. ( 中關村發展集團股份有限公司), the Company offers efficient finance lease solutions and a variety of advisory services to satisfy technology and new economy companies’ needs for financial services at different stages of their growth. The Company’s finance lease solutions primarily take the form of direct lease and sale-and-leaseback. The Company also delivers a variety of advisory services, including policy advisory and management and business consulting, to help its customers achieve rapid growth. Information of the Lessee Lessee is a limited liability company incorporated in the PRC, which is principally engaged in computing services and data services. Information of the Supplier The Supplier is a limited liability company incorporated in the PRC, which is principally engaged in the sales of supercomputing equipment.
INFORMATION OF THE PARTIES. (a) The Company The Company is an investment holding company. The Group is principally engaged in the business of design and sale of integrated circuit chips.
INFORMATION OF THE PARTIES. The Group is principally engaged in (i) the manufacture and sale of aluminium profiles which are applied as construction and industrial materials; and (ii) property development. Guangdong Xingfa is an indirect wholly-owned subsidiary of the Company and is principally engaged in the manufacture and sale of aluminium profiles. Xingfa Curtain Wall is principally engaged in the decoration, design, production and installation of curtain wall, door and window projects made from aluminium profiles. As at the date of the announcement, Xxxxxx Xxxxxxx Xxxx is owned as to 21% by Xx. XXXX Xxxxxx, an executive Director and a substantial Shareholder, and as to 46% by Xx. XXX Xx, the Honourable Adviser of the Group and the father-in-law of Xx. XXXX Xxxxxx. By virtue of the aforesaid relationships, Xingfa Curtain Wall is a connected person of the Company under the Listing Rules. VIEWS OF THE DIRECTORS 2021–2023 Master Supply Agreement Having considered the reasons for and benefits of the revision of the Existing Annual Caps mentioned above, the Directors (including the independent non-executive Directors) are of the view that (i) the 2021–2023 Master Supply Agreement is entered into in the ordinary course of business; (ii) the terms of the 2021–2023 Master Supply Agreement are on normal commercial terms and are fair and reasonable; and (iii) it is in the interest of the Group and the Shareholders as a whole to continue to supply aluminium profiles to Xingfa Curtain Wall pursuant to the 2021–2023 Master Supply Agreement with the Revised Annual Caps. Engineering Service Agreement Taking into account the reasons for and benefits of entering into the Engineering Service Agreement, the Directors (including the independent non-executive Directors) are of the view that the terms of the Engineering Service Agreement are on normal commercial terms and that the terms of the Engineering Service Agreement and the related annual cap (for the six months ending 31 December 2021) set out above are fair and reasonable and in the interests of the Company and the Shareholders as a whole. To the best of the Directors’ knowledge, information and belief and having made all reasonable enquiries, by virtue of the relationship between Xx. XXXX Xxxxxx, an executive Director and a substantial Shareholder, and Xingfa Curtain Wall, Xx. XXXX has material interest in the 2021–2023 Master Supply Agreement, the Engineering Service Agreement and the respective transactions contemplated thereunder, (i) Xx....
INFORMATION OF THE PARTIES. Xxxxx Xxxxxx Xxxxx Xxxxxx is principally engaged in the production of dehaired cashmere and cashmere tops. It is located in Qinghe County, Xingtai City, Hebei Province, the PRC which is a region where high quality cashmere is found. So far as the Directors are aware, Hebei Yuteng is one of the largest cashmere processing factories in Hebei Province and is also well-known for its use of advanced technology in its production of high quality cashmere. As informed by Xxxxx Xxxxxx, Xxxxx Xxxxxx is ultimately beneficially owned as to approximately 51% by Mr. Xx Xxxxxx and approximately 49% by Mr. Xx Xxxxxxxx as at the date of this announcement. As at the date of this announcement, (i) Mr. Xx Xxxxxx is a director, the general manager and authorised representative of Nanguan Tech and a director of Moro International; and (ii) Mr. Xx Xxxxxxxx is a director of Nanguan Tech. The Purchasers Nanguan Tech is a joint venture company owned as to 55% and 45% by the Company (through a subsidiary) and Hebei Yuteng respectively as at the date of this announcement. The principal business of Nanguan Tech is the production of cashmere yarn. Each of Huizhou Nanxuan and Huizhou Nanguan is a wholly-owned subsidiary of the Company. The principal business of each of Huizhou Nanxuan and Huizhou Nanguan is the manufacture of knitwear products. Moro International is a non-wholly owned subsidiary of the Company. The principal business of Moro International is the trading of cashmere yarn. REASONS FOR AND BENEFITS OF THE 2024 RAW MATERIALS PURCHASE AGREEMENT The Group is principally engaged in the manufacture of knitwear products. The Group also produces cashmere yarn for the production of cashmere knitwear. The entering into of the 2024 Raw Materials Purchase Agreement provides the Purchasers access to a reliable supply of high quality cashmere and other raw materials on favourable terms and allows the Purchasers to better manage quality control and production lead time for the Group’s cashmere knitwear products. In view of the aforesaid, the Directors (including the independent non-executive Directors) are of the view that the terms of the 2024 Raw Materials Purchase Agreement (including the annual cap under the 2024 Raw Materials Purchase Agreement) are fair and reasonable and the transactions contemplated thereunder are on normal commercial terms or better, in the ordinary and usual course of business of the Group, and are in the interests of the Company and its shareholders as a whol...
INFORMATION OF THE PARTIES. CR Healthcare CR Healthcare is principally engaged in hospital investment and operation management. The Group The Group’s core business encompasses research and development, manufacturing, distribution and retail of an extensive range of pharmaceutical and other healthcare products.
INFORMATION OF THE PARTIES. 1. The Company was established at December 1994 and is principally engaged in the construction and operation of power plants, the sale of electricity and thermal power, the repair and maintenance of power equipment and power related technical services, with its main service areas being in the PRC.
