Examples of Ping in a sentence
When entering into the Ping An Bank Structured Deposit Product Agreements with respect to the aggregate of the total subscription amount of the products under the Ping An Bank Structured Deposit Products Agreements, one or more of the applicable percentage ratios (as defined under Rule 14.07 of the Listing Rules) exceeds 5% but all of the ratios are below 25%.
The Company recently entered into the Ping An Bank Structured Deposit Product Agreement I with Ping An Bank and agreed to subscribe for a structured deposit product with a total amount of RMB250 million by using its self-owned idle funds generated from daily operation.
The transactions under the Ping An Bank Structured Deposit Products Agreements shall be aggregated in accordance with Rule 14.22 of the Listing Rules.
The Directors, after making all reasonable inquiries, to the best of their knowledge and belief, each of Ping An Bank and its ultimate beneficial owner is a third party independent of the Company and its connected persons.
The Directors (including the independent non-executive Directors) are of the view that the above- mentioned Ping An Bank Structured Deposit Products Agreements are made on normal commercial terms, are fair and reasonable and in the interest of the Company and its shareholders as a whole.
Meanwhile the Company entered into the Ping An Bank Structured Deposit Product Agreement II with Ping An Bank and agreed to subscribe for structured deposit products with a total amount of RMB149 million by using its temporary idle proceeds from the public issuance of A shares.
Ping An Bank has the right of early termination due to force majeure or in the interest of the investing public.
Ping An Bank is a licensed bank established under the laws of the PRC and principally engages in banking and financial services.
The products under the Ping An Bank Structured Deposit Product Agreement II is subscribed by the Company using its temporary idle proceeds from the public issuance of A shares.
IMPLICATIONS UNDER THE LISTING RULES The transactions under the Ping An Bank Structured Deposit Products Agreements shall be aggregated in accordance with Rule 14.22 of the Listing Rules.