Factoring Charge and Interests. The charge for factoring services pursuant to the Factoring Agreement amounted to approximately 1.4%. The interest rate applicable to the factoring facilities is 2.7%, being a rate on the day before facility payment date equivalent to the one year loan prime rate announced by the People’s Bank of China –100 basic points (one basic point equal to 0.01%). Factoring facilities interest = factoring facilities balance × factoring facilities interest rate × actual occupancy day/360. The amount of the factoring facilities interest is the same as the amount of interest payable under the Lease Receivables I by the lessees under the Finance Lease Agreement I and will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the lessees on each rent payment date.
Factoring Charge and Interests. The charge for factoring services pursuant to the Factoring Agreement amounted to approximately RMB0. The interest rate applicable to the factoring facilities is 4.6%, being a rate on the day before facility payment date equivalent to the one year loan prime rate announced by the People’s Bank of China +95 basic points (one basic point equal to 0.01%). Factoring facilities interest = factoring facilities balance × factoring facilities interest rate × actual occupancy day/360. The amount of the factoring facilities interest is the same as the amount of interest payable under the Lease Receivables I, the Lease Receivables II, the Lease Receivables III, the Lease Receivables IV and the Lease Receivables V by the lessees under the Finance Lease Agreement I, the Finance Lease Agreement II, the Finance Lease Agreement III, the Finance Lease Agreement IV and the Finance Lease Agreement V and will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the lessees on each rent payment date.
Factoring Charge and Interests. The charge for factoring services pursuant to the Factoring Agreement II amounted to approximately RMB513,215. The interest rate applicable to the factoring facilities is 4.00%, being a rate on the day before facility payment date equivalent to the one year loan prime rate announced by the People’s Bank of China + 15 basic points (one basic point equal to 0.01%). Factoring facilities interest = factoring facilities balance × factoring facilities interest rate × actual occupancy day/360. The amount of the factoring facilities interest is the same as the amount of interest payable under the Lease Receivables V and the Lease Receivables VI by the lessees under the Finance Lease Agreement V and the Finance Lease Agreement VI and will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the lessees on each rent payment date. The charge for factoring services pursuant to the Factoring Agreement III amounted to approximately RMB89,341. The interest rate applicable to the factoring facilities is 4.00%, being a rate on the day before facility payment date equivalent to the one year loan prime rate announced by the People’s Bank of China + 15 basic points (one basic point equal to 0.01%). Factoring facilities interest = factoring facilities balance × factoring facilities interest rate × actual occupancy day/360. The amount of the factoring facilities interest is the same as the amount of interest payable under the Lease Receivables VII by the lessees under the Finance Lease Agreement VII and will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the lessees on each rent payment date. The charge for factoring services pursuant to the Factoring Agreement IV amounted to approximately RMB503,870.37. The interest rate applicable to the factoring facilities is 4.00%, being a rate on the day before facility payment date equivalent to the one year loan prime rate announced by the People’s Bank of China + 15 basic points (one basic point equal to 0.01%). Factoring facilities interest = factoring facilities balance × factoring facilities interest rate × actual occupancy day/360. The amount of the factoring facilities interest is the same as the amount of interest payable under the Lease Receivables VIII and the Lease Receivables IX by the lessees under the Finance Lease Agreement VIII and the Finance Lease Agreement IX and will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the lessees on each...
Factoring Charge and Interests. The charge for factoring services pursuant to the Factoring Agreement amounted to approximately RMB285,684.1. The interest rate applicable to the factoring facilities is 4.45%, being a rate on the day before facility payment date equivalent to the five years loan prime rate announced by the People’s Bank of China – 20 basic points (one basic point equal to 0.01%). Factoring facilities interest = factoring facilities balance × factoring facilities interest rate × actual occupancy day/360. The amount of the factoring facilities interest will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the lessees on each rent payment date.
Factoring Charge and Interests. The charge for factoring services pursuant to the Finance Lease Agreement I, the Finance Lease Agreement II, the Finance Lease Agreement III, the Finance Lease Agreement IV, the Finance Lease Agreement V, the Finance Lease Agreement VI and the Finance Lease Agreement VII was RMB0. The interest rate applicable to the factoring facilities is 4.3%, being a rate on the day before facility payment date equivalent to the 1 year loan prime rate announced by the People’s Bank of China +85 basic points (one basic point equal to 0.01%). Factoring facilities interest = factoring facilities balance × factoring facilities interest rate × actual occupancy day/360. The amount of the factoring facilities interest is the same as the amount of interest payable under the Lease Receivables I, the Lease Receivables II, the Lease Receivables III, the Lease Receivables IV, the Lease Receivables V, the Lease Receivables VI, the Lease Receivables VII by the lessees under the Finance Lease Agreement I, the Finance Lease Agreement II, the Finance Lease Agreement III, the Finance Lease Agreement IV, the Finance Lease Agreement V, the Finance Lease Agreement VI and the Finance Lease Agreement VII and will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the lessees on each rent payment date.
Factoring Charge and Interests. The charge for factoring services pursuant to the Factoring Agreement IV, the Factoring Agreement V, the Factoring Agreement VI and the Factoring Agreement VII amounted to approximately 0.4%. The interest rate applicable to the factoring facilities is 3.4%, being a rate on the day before facility payment date equivalent to the five years loan prime rate announced by the People’s Bank of China – 55 basic points (one basic point equal to 0.01%). Factoring facilities interest = factoring facilities balance × factoring facilities interest rate × actual occupancy day/360. The amount of the factoring facilities interest is the same as the amount of interest payable under the Factoring Agreement IV, the Factoring Agreement V, the Factoring Agreement VI and the Factoring Agreement VII by the lessees under the Finance Lease Agreement IV, the Finance Lease Agreement V, the Finance Lease Agreement VI and the Finance Lease Agreement VII will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the lessees on each rent payment date.
