Delivery of Target Assets. 4.1 Party B agrees to transfer the Target Assets to Party A’s name within 30 days after this Agreement is signed and becomes effective. Party B shall assist Party A in completing the transfer procedures of the Target Assets.
Delivery of Target Assets. Both parties agree and acknowledge that the rights and risks of the Target Assets are transferred from the closing date of the Transaction. Guolian Securities shall become a shareholder of the Target Company from the closing date and shall enjoy the entire shareholder’s rights in respect of such shareholdings, and the risks of the Target Assets shall be borne by Guolian Securities from the closing date. Within 20 business days after the fulfillment of all the conditions for the commencement of the Framework Agreement, the Company shall cooperate with Guolian Securities in signing all documents such as the Target Assets Transfer Agreement and the resolution of the general meeting required for the transfer of the Target Assets to Guolian Securities in accordance with the organisational documents of the Target Company and the relevant laws, regulations and normative documents, and shall procure the delivery of the equity warrants from the Target Company to Guolian Securities and record Guolian Securities in the register of shareholders of the Target Company; the Company shall cooperate with the reviewing of changes in shareholdings/reviewing of shareholders’ qualifications of securities companies and provide relevant basic information, information on shareholding structure, explanations, undertakings and other documents (if required) in accordance with the relevant laws, regulations and normative documents. If the Transaction is implemented, it will constitute a notifiable transaction of the Company under Chapter 14 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”). The Company will make further announcement and obtain shareholders’ approval (if applicable) in compliance with the relevant requirements of the Listing Rules. As at the date of this announcement, the consideration for the Transaction, including the value of the Target Assets and the number of A shares of Guolian Securities to be issued, has not been determined. There are uncertainties in relation to the Transaction. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company. The Company will make further announcement in compliance with the requirements of the Listing Rules. By order of the Board Shandong International Trust Co., Ltd. Yue Zengguang Chairperson Jinan, the People’s Republic of China 14 May 2024
Delivery of Target Assets. (a) Upon this agreement coming into effect, the transferors and transferee shall commence preparation of delivery procedures of Target Assets and confirm Delivery Date, which shall be no later than the 20th business day from the effective date of this agreement.
