Historical Amount. There have been no historical transaction between the Company or its subsidiaries and Shenzhen Jingneng Leasing for factoring business services. The table below sets out the proposed annual caps for the provision of factoring business services by Shenzhen Jingneng Leasing to the Group under the Commercial Factoring Business Framework Agreement for the three years ending 31 December 2023: Total factoring amount to be obtained by the Group from Shenzhen Jingneng Leasing under new separate individual factoring agreement(s) during the year 1,000 1,000 1,000 Factoring service fees 15 100 150 In arriving at the proposed annual caps for the provision of factoring business services by Shenzhen Jingneng Leasing to the Group under the Commercial Factoring Business Framework Agreement, the Directors have considered:
Historical Amount. The Company did not incur historical amount under the Model Engineering and Quality Control Service Agreement. Annual Cap 24.0 The proposed annual caps for the Model Engineering and Quality Control Service Agreement are principally determined based on a comprehensive assessment of various cost components associated with the services provided under the Model Engineering and Quality Control Services Agreement. These components include, but are not limited to, (i) labor costs, which encompass the hourly rates and total hours worked by personnel involved in the Model Engineering and Quality Control Services; (ii) material costs, which cover all consumables and supplies to be used for provision of the Model Engineering and Quality Control Services; (iii) tool and equipment costs, which consist the usage and depreciation of tools and equipment necessary for provision of the Model Engineering and Quality Control Services; (iv) miscellaneous expenses, which consist any indirect costs such as utilities, administrative expenses, and other overheads. The total of the said costs is subject to a markup of 10% which is determined by the parties after arm’s length negotiations, taking into account, among other things, the cost and profitability of the transactions. As of the date of the announcement, SharkNinja Europe is wholly owned by SharkNinja, which is owned as to over 40% by JS& W, which is owned by the controlling Shareholders (including Xx. Xxxx Xxxxxx, Xx. Xxx Run and Ms. Xxxxx Xxxxxxx, each of whom is an executive Director). Pursuant to Chapter 14A of the Listing Rules, SharkNinja Europe is a connected person of the Company. Accordingly, the Model Engineering and Quality Control Service Agreement constitutes a continuing connected transaction of the Company under Chapter 14A of the Listing Rules. As the highest applicable percentage ratio as set out in Rule 14.07 of the Listing Rules in respect of the proposed annual cap for the year ending December 31, 2024 of the Model Engineering and Quality Control Service Agreement would be more than 0.1% but less than 5%, the transactions contemplated under the Model Engineering and Quality Control Service Agreement are subject to the applicable reporting and announcement requirements, but exempt from the circular and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.
Historical Amount. As of the date of this announcement, the technical cooperation service transaction between the Group and the MicroPort Group and its joint ventures and associates has incurred an amount of RMB2.6 million during the year of 2023 and there is no historical amount incurred under the 2023 Master Technical Cooperation Service Agreement.
Historical Amount. During the Track Record Period, the rental amount paid by Langfang Yijiao to our Group for the years ended 31 December 2021, 2022 and 2023 are set out below: Rental(Note)
Historical Amount. During the Track Record Period, the revenue generated from the sale of flour products to Langfang Yijiao by our Group are set out below: Total revenue from the sale of flour to Langfang Yijiao 24.4 30.3 12.5(Note)
Historical Amount. During the Track Record Period, the revenue generated from the sale of flour to Langfang Ceyuan by our Group are set out below: Year ended 31 December 2021 (RMB million) 2022 (RMB million) 2023 (RMB million) Total revenue from the sale of flour to Langfang Ceyuan Nil 0.2 0.1 Our Directors estimate that the annual transaction amount for the sale of flour products to Langfang Ceyuan for the three years ending 31 December 2026 will not exceed the following annual caps set forth in the table below: Year ending 31 December 2024 (RMB million) 2025 (RMB million) 2026 (RMB million) In determining the above annual caps, our Directors have considered generally:
Historical Amount. For the year ended 31 December 2018 and during the period from 1 January 2019 to 30 April 2019, the Company paid BangBang Auto Sales & Services RMB141 million and RMB102 million respectively for auto spare parts.
Historical Amount. For the year ended 31 December 2021, the historical amounts of purchase of raw milk paid by the Group to Tianmu Dairy is set out below: XXX’000 The table below sets out the proposed annual cap for the price payable by the Group to Tianmu Dairy for purchase of the raw milk for the year ending 31 December 2022: XXX’000 In determining the annual cap, the Directors have considered generally:
Historical Amount. On 20 June 2017, the Company entered into the Previous Warehouse Leasing Framework Agreement with Bailian Group, pursuant to which, the Company agreed to lease warehouses to Bailian Group for use as warehouses, offices or other purposes for a term commencing from 20 June 2017 to 31 December 2019 (both days inclusive). The historical rental paid by Bailian Group to the Company for renting the warehouses under the Previous Warehouse Leasing Framework Agreement for the years ended 31 December 2017 and 2018 and the period from 1 January 2019 to 31 October 2019 was RMB2.8 million, RMB10.1 million and RMB10.9 million, respectively. The respective maximum annual rental payable by Bailian Group to the Company for the financial years ending 31 December 2020, 2021 and 2022 under the Warehouse Leasing Framework Agreement are set out as follows: Maximum Transaction Period Amount (RMB) From 1 January 2020 to 31 December 2020 60,000,000 From 1 January 2021 to 31 December 2021 60,000,000 From 1 January 2022 to 31 December 2022 60,000,000 Such maximum annual transaction amounts are determined in accordance with:
Historical Amount. Other services fees paid by the Company to PICC Group for the years ended 31 December 2019, 31 December 2020 and 31 December 2021 are as follows: RMB million For the year ended 31 December 2019 24 For the year ended 31 December 2020 16 For the year ended 31 December 2021 14
