Basis of the Annual Caps. The annual caps are determined based on the following factors, including: (i) the historical amounts of service fees paid by the CITIC Group to the Group for the Internet Data Centre Services; (ii) the prevailing market price of the provision of similar Internet data centre services; (iii) the expected increase in the amount of service fees to be charged by the Group over the term of the Framework Agreement; and (iv) the estimated level of the Internet Data Centre Services required by CITIC Group and the relevant costs of the Group during the term of the Framework Agreement.
Basis of the Annual Caps. The Annual Caps have been determined principally with reference to:
Basis of the Annual Caps. In arriving at the annual caps for the years ending 31 December 2023, 2024 and 2025, the Company has taken into account, among other things, the following:
Basis of the Annual Caps. When determining the annual caps, the Directors of the Company have taken into account the historical amount of such transactions and the trend of future development. In recent years, the Group has accelerated the pace of its transformation and upgrading. The general contracting has become the main way to explore the market, accounting for more than 50% of the total contracted projects of the Group. In 2017, the financing construction and industrial investment of the Group increased by more than 100% year-on-year and the daily operation services required and provided in the daily production and operation business continued to grow. Accordingly, both the services provided by Energy China Group and its subsidiaries to the Group and the services provided by the Group to Energy China Group and its subsidiaries increased correspondingly. Reasons for and Benefits of Entering into the Daily Production and Operation Framework Agreement The main reasons for and benefits of entering into the Daily Production and Operation Framework Agreement are as follows:
Basis of the Annual Caps. The annual caps for the business support services to be provided by Shanghai Yixin to Xxxxxx Xxxxxxx under the Business Cooperation Framework Agreement have been determined principally with reference to:
Basis of the Annual Caps. The Annual Caps set out above have been determined by a number of factors, which include:
Basis of the Annual Caps. The proposed annual caps for the three years ending 31 December 2019 for the Distribution Framework Agreement have been determined based on:
