Basis of the Annual Caps. The annual caps of the Internet Data Centre Transactions are determined based on the following factors, including: (i) the historical amounts of service charges paid/payable by the CITIC Group Members 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 charges 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 the CITIC Group and the relevant costs of the Group during the term of the Framework Agreement. It is expected that the demand for the Internet Data Centre Services from the end- users of the CITIC Group would increase during the term of the Framework Agreement in terms of the number of committed and additional equipment/facility and the volume of power consumption, driven by a variety of emerging technologies and applications which are expected to be utilised by the CITIC Group.
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 Access Services; (ii) the prevailing market price of the provision of similar Internet access 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 Access 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. The annual caps of the Virtual Private Network Transactions are determined based on the following factors, including: (i) the historical amounts of service charges paid/payable by the CITIC Group Members to the Group for the Virtual Private Network Services; (ii) the prevailing market price of the provision of similar virtual private network services; (iii) the expected increase in the amount of service charges to be charged by the Group over the term of the Framework Agreement; and (iv) the estimated level of the Virtual Private Network Services required by the CITIC Group and the relevant costs of the Group during the term of the Framework Agreement. It is expected that the demand for the Virtual Private Network Services from the end-users of the CITIC Group would increase during the term of the Framework Agreement in terms of both quantities and bandwidth, driven by a variety of emerging technologies and applications which are expected to be utilised by the CITIC Group.
Basis of the Annual Caps. The annual caps of the Cloud Computing Solutions Transactions are determined based on the following factors, including: (i) the historical amounts of service charges paid/payable by the CITIC Group Members to the Group for the Cloud Computing Solutions Services; (ii) the prevailing market price of the provision of similar cloud computing solutions services; (iii) the expected increase in the amount of service charges to be charged by the Group over the term of the Framework Agreement; and (iv) the estimated level of the Cloud Computing Solutions Services required by the CITIC Group and the relevant costs of the Group during the term of the Framework Agreement. It is expected that the demand for the Cloud Computing Solutions Services from the end-users of the CITIC Group would increase during the term of the Framework Agreement in terms of both quantities and bandwidth, driven by a variety of emerging technologies and applications which are expected to be utilised by the CITIC Group.
Basis of the Annual Caps. The annual caps of the Messaging Transactions are determined based on the following factors, including: (i) the historical amounts of service charges paid/payable by the CITIC Group Members to the Group for the Messaging Services; (ii) the prevailing market price of the provision of similar messaging services; (iii) the expected increase in the amount of service charges to be charged by the Group over the term of the Framework Agreement; and (iv) the estimated level of the Messaging Services required by the CITIC Group and the relevant costs of the Group during the term of the Framework Agreement. It is expected that the demand for the Messaging Services from the end-users of the CITIC Group would increase during the term of the Framework Agreement in terms of volume of consumption, driven by a variety of emerging technologies and applications which are expected to be utilised by the CITIC Group.
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:
