Acceptance of Securities brokerage and other Sample Clauses

Acceptance of Securities brokerage and other financial services provided by Zhongtai Securities and/or its associates Principal terms As part of treasury management activities, Zhongtai Securities and/or its associates provide securities brokerage services to us in our ordinary course of business, including but not limited to trading in securities, trading in bonds and funds, subscription for new shares and reverse repo of treasury bonds, as well as other financial services in our ordinary course of business, for which Zhongtai Securities and/or its associates charged the Group commissions. Reasons for and benefits of the transaction In consideration of the enhancement of the Group’s capital return by securities investment during the Group’s treasury management activities, the Group needs to conduct securities investment and other financial businesses through companies which have the necessary qualifications for engaging in securities brokerage business. In addition, the Group has cooperated with Zhongtai Securities and/or its associates for securities brokerage and other financial services for consecutive years. Zhongtai Securities and/or its associates have developed a good understanding of the Group’s needs. This is a key factor the Group considers in selecting a provider of securities brokerage and other financial services. Pricing terms
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