PARTICULARS OF THE PARTIES. Merchants Nanjing is a company established in the PRC and an indirect non-wholly owned subsidiary of the Company. It is principally engaged in property development in the PRC. Jiangsu Poly is a company established in the PRC and is principally engaged in property development in the PRC, and is an indirect wholly-owned subsidiary of Poly Development Holding Group Limited* ( 保 利 發 展 控 股 集 團 股 份 有 限 公 司 ), a listed company in Shanghai Stock Exchange with stock code 600048; Wuhan Fanyue is a company established in the PRC and is principally engaged in management consultation and property investment in the PRC, and is an indirect wholly-owned subsidiary of Langold Real Estate Co., Ltd.* (南國置業股份有限公司), a listed company in Shenzhen Stock Exchange with stock code 002305; Nanjing Yiju is a company established in the PRC and is principally engaged in property development in the PRC, and is an indirect wholly-owned subsidiary of Nanjing State-owned Assets Investment Management Holding (Group) Co. Ltd.* (南京市國有資產投資管理控股 （集團）有限責任公司), its ultimate beneficial owner is State-owned Assets Supervision and Administration Commission of Nanjing Municipal Government (南京市人民政府國有資產監督管理委員會); and Nanjing New Hope is a company established in the PRC and is principally engaged in property development in the PRC, and is an indirect wholly-owned subsidiary of Sichuan New Hope Property Development Ltd.* ( 四 川 新 希 望 房 地 產 開 發 有 限 公 司 ), its ultimate beneficial owner is Mr. XXX Xxxxxxx ( 劉 永 好 先 生 ).
PARTICULARS OF THE PARTIES. Merchants Foshan is a company established in the PRC and an indirect wholly-owned subsidiary of the Company. It is principally engaged in property development in the PRC. Foshan Hongtai is a company established in the PRC and is principally engaged in property development in the PRC. LISTING RULES IMPLICATIONS As one or more of the applicable percentage ratios in respect of the transactions as contemplated under the Cooperation Agreement exceed 5% but are less than 25%, the entering into of the Cooperation Agreement constitutes a discloseable transaction of the Company under Chapter 14 of the Listing Rules and is subject to the reporting and announcement requirement but exempted from the Shareholders’ approval requirement under Chapter 14 of the Listing Rules.
PARTICULARS OF THE PARTIES. The Parties to this Agreement are:
PARTICULARS OF THE PARTIES. The Group is principally engaged in the development, sale, lease, investment and management of properties in the PRC and the sales of electronic and electrical related products and sales of building related materials and equipment. CMSK is a company established in the PRC with limited liability. Its principal business activities include investment, development and operation of city and community, transportation and industrial manufacturing. Happy City is a company established in Hong Kong with limited liability. It is principally engaged in investment holding. Shenzhen Merchants is a company established in the PRC with limited liability. It is principally engaged in trading of electronic and electrical and building related materials and equipment. Nanjing Merchants is a company established in the PRC with limited liability. It is principally engaged in property development. According to the audited accounts of Nanjing Merchants prepared in accordance with the PRC Generally Accepted Accounting Principles, Nanjing Merchants has total assets and total equity of approximately RMB6,147,526,718.83 and RMB445,928,768.19 respectively as at 31 December 2016, and its net profit (before taxation) for the two years ended 31 December 2015 and 2016 are approximately RMB5,671,509.14 and RMB121,264,784.96, respectively.
PARTICULARS OF THE PARTIES. Merchants Nanjing is a company established in the PRC with limited liability and an indirect non wholly-owned subsidiary of the Company. It is principally engaged in property development in the PRC. Nanjing Vanke is a company established in the PRC with limited liability and is principally engaged in property development in the PRC. IMPLICATIONS UNDER THE LISTING RULES As one or more of the applicable percentage ratios (as defined under the Listing Rules) in respect of the transactions contemplated under the Cooperation Agreement exceed 5% but are less than 25%, the entering into of the Cooperation Agreement and the transactions contemplated thereunder constitute a discloseable transaction of the Company and is subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules.
PARTICULARS OF THE PARTIES. Xi’an Mao On, a company established in the PRC with limited liability, is principally engaged in property development in the PRC. Xxxxxxx Xxxxxxx, a company established in the PRC with limited liability, is principally engaged in property development and operation in the PRC. To the best of the Directors’ knowledge, information and belief and having made all reasonable enquiries, according to the company search information obtained online, Xxxxxxx Xxxxxxx is indirectly held as to 65% by Jiangsu Huajian Real Estate Group Company Limited* (“Jiangsu Huajian”), and the single largest indirect shareholder of Jiangsu Huajian is Yangzhou City Construction State-owned Assets Holding (Group) Company Limited*, which is wholly owned by the State-owned Assets Supervision and Administration Commission of Yangzhou City, Jiangsu Province. The Project Company, a company established in the PRC with limited liability, is principally engaged in property development of the Xi’an Land. The Project Company is a direct wholly-owned subsidiary of Chengdu Huajian as at the date of the Cooperation Agreement.
PARTICULARS OF THE PARTIES. Excellence Dongguan, a company established in the PRC with limited liability, is principally engaged in property development. To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, the ultimate beneficial owner of Excellence Dongguan is Xx. Xx Wa (李華先生). Guangzhou Merchants, a company established in the PRC with limited liability, is principally engaged in property development and sales of property in the PRC. The Project Company, a company established in the PRC with limited liability, is principally engaged in property development of the Land. The Project Company is a direct wholly-owned subsidiary of Excellence Dongguan as at the date of the Capital Increase Agreement.
PARTICULARS OF THE PARTIES. Merchants Shenzhen is a company established in the PRC and an indirect wholly-owned subsidiary of the Company. It is principally engaged in investment holdings. China Minmetals Beijing is a company established in the PRC and is principally engaged in investment holdings. LISTING RULES IMPLICATIONS As one or more of the applicable percentage ratios in respect of the transactions contemplated under the Cooperation and Development Agreement exceed 25%, but are all less than 100%, the entering into of the Cooperation and Development Agreement and the transactions contemplated thereunder constitute a major transaction of the Company and is subject to the reporting, announcement and shareholders’ approval requirements under Chapter 14 of the Listing Rules.
PARTICULARS OF THE PARTIES. Each of CM Building and CM Plaza is a company established in the PRC with limited liability and the principal business of them is real estate investment. Both CM Building and CM Plaza are indirect non-wholly owned subsidiaries of CMSK, a company established in the PRC with limited liability, whose shares are listed on the Shenzhen Stock Exchange (stock code: 001979 (A share)), and its controlling shareholder, CMG, which holds more than 63% of the total issued share capital of CMSK and is a state-owned conglomerate regulated by the national State-Owned Assets Supervision and Administration Commission of the State Council.
PARTICULARS OF THE PARTIES. Merchants Nanjing is a company established in the PRC and an indirect non wholly-owned subsidiary of the Company. It is principally engaged in property development in the PRC. Nanjing Changmao is a company established in the PRC and is principally engaged in property development in the PRC. LISTING RULES IMPLICATIONS As one or more of the applicable percentage ratios in respect of the transactions as contemplated under the Cooperation Agreement exceed 5% but are less than 25%, the entering into of the Cooperation Agreement constitutes a disclosable transaction of the Company under Chapter 14 of the Listing Rules and is subject to the reporting and announcement requirement but exempted from the Shareholders’ approval requirement under Chapter 14 of the Listing Rules.
