Sanjiang definition
Examples of Sanjiang in a sentence
The Company will comply with the relevant Listing Rules requirements when the respective terms of the Sanjiang Chemical Nitrogen Gas Sales Agreement is renewed.
Reasons for entering into Sanjiang Chemical Nitrogen Gas Sales Agreement The entering into of the Sanjiang Chemical Nitrogen Gas Sales Agreement will enable the Group to extend its business relationships between the Group and Jiahua Energy Chemical Co. and its wholly-owned subsidiary, Jiahua New Material, and further bring synergies to the parties.
It is agreed that the price of any Commodity purchased by Sanjiang Shopping Club should not be higher than the price offered by New JoySun to any third party (as far as legitimate under the applicable laws).
The Sanjiang Chemical Nitrogen Gas Sales Agreement is non-exclusive and non-compulsory in nature, which allows the Group to maximize the usage of its relevant production facilities for gas production at the time of having spare capacity.
Payment Term : Sanjiang Shopping Club shall settle the payment of each purchase within 45 days upon delivery.
As of the date of this announcement, Sanjiang Shopping Club holds 18% equity interest in New JoySun Supermarket Chain, which is an indirect 82% owned subsidiary of the Company.
The Directors (including the independent non-executive Directors) are of the view that the terms and conditions of Sanjiang Chemical Nitrogen Gas Sales Agreement are fair and reasonable and on normal commercial terms and in the ordinary and usual course of business of the Group and that the entering into Sanjiang Chemical Nitrogen Gas Sales Agreement is in the interests of the Company and its Shareholders as a whole.
In view of the foregoing reasons, the Group entered into the Sanjiang Chemical Nitrogen Gas Sales Agreement with Jiahua New Material.
Rebate : Sanjiang Shopping Club is entitled to a rebate of 4.5% of the total purchase price.
Construction and/ or equipping of wastewater treatment plants and sewerage systems in the Sanjiang, Rong’an, Rongshui, and Liucheng Counties, and in the Shatang and Guantang Districts of Liuzhou.