HISTORICAL FIGURES AND ANNUAL CAPS. Set out below are the service charges paid/payable by the CITIC Group Members to the Group in respect of the provision of the Messaging Services by the Group for the period from 1 June 2021 to 31 December 2021, each of the financial years ended 31 December 2022 and 2023, and the period from 1 January 2024 to 31 March 2024: Historical amount for the period from 1 June to 31 December Historical amounts for the financial years ended 31 December Historical amount for the period from 1 January to 31 March 2021 2022 2023 2024
HISTORICAL FIGURES AND ANNUAL CAPS. The historical transaction amounts and the annual caps for the Internet Access Transactions are set out below: Historical Amounts for the Year ended 31 December Historical Amount for the Period from 1 January to 31 March Annual Cap for the Period from 1 June to 31 December Annual Caps for the Year ending 31 December Annual Cap for the Period from 1 January to 31 May 2015 2016 2017 2018 2018 2019 2020 2021 (HK$ in million) (HK$ in million) (HK$ in million) (HK$ in million) (HK$ in million)
HISTORICAL FIGURES AND ANNUAL CAPS. Set out below is a summary of the historical transaction amounts of purchase by the Group from Aviation Industry and its associates (other than AVIC International and its Associated Companies) for the following periods: Historical figures for the following periods Eight months ended From 5 September 2012 to 31 August 2014 31 December 2012 Year ended 31 December 2013 (unaudited) (RMB) (RMB) (RMB) (approx.) (approx.) (approx.) 20,000 25,870,000 23,140,000 Set out below are the proposed annual caps for the transactions contemplated under the New Aviation Industry Purchase Framework Agreement for the following periods: Proposed annual caps for the following periods Year ending 31 December 2015(RMB) Year ending 31 December 2016(RMB) Year ending 31 December 2017(RMB) 200,000,000 300,000,000 400,000,000 Basis of the Proposed Annual Caps: The proposed annual caps are determined with reference to the historical purchases of related goods from Aviation Industry and/or its associates (other than AVIC International and its Associated Companies). Taking into consideration the future economic growth trends and the development plans of the Group for the coming three years, it is expected there will be a boost in the demand for goods from Aviation Industry and/or its associates (except AVIC International and its Associated Companies).
HISTORICAL FIGURES AND ANNUAL CAPS. Set out below are the service charges paid/payable by the CITIC Group Members to the Group in respect of the provision of the Virtual Private Network Services by the Group under the Previous Framework Agreement for the period from 1 June 2021 to 31 December 2021, each of the financial years ended 31 December 2022 and 2023, and the period from 1 January 2024 to 31 March 2024: Historical amount for the period from 1 June to 31 December Historical amounts for the financial years ended 31 December Historical amount for the period from 1 January to 31 March 2021 2022 2023 2024
HISTORICAL FIGURES AND ANNUAL CAPS. Set out below are the service charges paid/payable by the CITIC Group Members to the Group in respect of the provision of the Internet Access Services by the Group under the Previous Framework Agreement for the period from 1 June 2021 to 31 December 2021, each of the financial years ended 31 December 2022 and 2023, and the period from 1 January 2024 to 31 March 2024: Historical amount for the period from 1 June to 31 December Historical amounts for the financial years ended 31 December Historical amount for the period from 1 January to 31 March 2021 2022 2023 2024
HISTORICAL FIGURES AND ANNUAL CAPS. Set out below are the service charges paid/payable by the CITIC Group Members to the Group in respect of the provision of the Cloud Computing Solutions Services by the Group for the period from 1 June 2021 to 31 December 2021, each of the financial years ended 31 December 2022 and 2023, and the period from 1 January 2024 to 31 March 2024: Historical amount for the period from 1 June to 31 December Historical amounts for the financial years ended 31 December Historical amount for the period from 1 January to 31 March 2021 2022 2023 2024
HISTORICAL FIGURES AND ANNUAL CAPS. The Annual Caps for the Transactions are as follows: For the year ending 31 December 2021 2022 HK$’000 HK$’000 Rental charges and transportation service fees chargeable by CTTTS 7,400 9,300 The actual transaction amounts for the continuing connected transactions contemplated under the Cross- border Operation Small Vehicles Rental Agreement and 2020 HK Fixed Vehicles Rental Agreement for the financial year ended 31 December 2020 and the period from 1 January 2021 to 31 August 2021 were HK$3,727,000 and HK$2,188,000, respectively (the “Historical Transaction Amounts”). The above Annual Caps are determined based on (i) the Historical Transaction Amounts, including the annualized transaction amount for 2021 estimated based on the transaction amount for the period from 1 January 2021 to 31 August 2021; (ii) the expected total transaction amount under the Transactions for each of the two years ended 31 December 2022 based on the fixed rate of rental charges or services fees; (iii) the expected demand for vehicle rental and transportation services of the Group by the CTS (Holding) Group upon the potential extension of the Transactions after 30 June 2022; and (iv) a reasonable buffer for any adjustment to the hours and scope of service to be provided by CTTTS under the Transactions. The above is merely assumed for the purpose of determining the Annual Caps and shall not be regarded as any indication directly or indirectly as to the Group’s revenue, profitability or trading prospects. Shareholders or potential investors of the Company should not rely on the Annual Caps in deciding how or whether or not to deal in the shares of the Company.
HISTORICAL FIGURES AND ANNUAL CAPS. The historical transaction amounts and the annual caps for the Virtual Private Network Transactions are set out below: Historical Amounts for the Year ended 31 December Historical Amount for the Period from 1 January to 31 March Annual Cap for the Period from 1 June to 31 December Annual Caps for the Year ending 31 December Annual Cap for the Period from 1 January to 31 May 2015 2016 2017 2018 2018 2019 2020 2021 (HK$ in million) (HK$ in million) (HK$ in million) (HK$ in million) (HK$ in million) Transaction Amounts 7.3 6.8 10.1 4.1 16.5 45.1 67.7 39.5
HISTORICAL FIGURES AND ANNUAL CAPS. Set out below is a summary of the historical transaction amounts of sale by the Group to AVIC International and its Associated Companies for the following periods: Historical figures for the following periods Eight months ended From 5 September 2012 to 31 August 2014 31 December 2012 Year ended 31 December 2013 (unaudited) (RMB) (RMB) (RMB) (approx.) (approx.) (approx.) 34,230,000 47,950,000 446,710,000 Set out below are the proposed annual caps for the transactions contemplated under the New AVIC International Sale Framework Agreement for the following periods: Proposed annual caps for the following periods Year ending 31 December 2015(RMB) Year ending 31 December 2016(RMB) Year ending 31 December 2017(RMB) 3,000,000,000 3,200,000,000 3,500,000,000 Basis of the Proposed Annual Caps: The proposed annual caps are determined with reference to the historical sales of related goods from the Group to AVIC International and/or its Associated Companies and in consideration of the developing plans of the Group for the coming three years. A subsidiary of AVIC International has been in a trial production stage in the first half of 2014 and is expected to commence formal production in the second half of 2014. The Company expected that as the production capacity of such subsidiary increases continuously, it will have more additional sale and purchase business with the Group. Besides, as the global shipping industry recovers, the ship building and trade business of the Group has increased significantly since the second half of 2013. Based on the orders at hand, it is expected that there will be additional sale and purchase business of ship components and spare parts of large amount between the Group and AVIC International and its Associated Companies in the future.
HISTORICAL FIGURES AND ANNUAL CAPS. Set out below is a summary of the historical transaction amounts of purchase by the Group from AVIC International and its Associated Companies for the following periods: Historical figures for the following periods Eight months ended From 5 September 2012 to 31 August 2014 31 December 2012 Year ended 31 December 2013 (unaudited) (RMB) (RMB) (RMB) (approx.) (approx.) (approx.) 217,830,000 606,080,000 1,003,740,000 Set out below are the proposed annual caps for the transactions contemplated under the New AVIC International Purchase Framework Agreement for the following periods: Proposed annual caps for the following periods Year ending 31 December 2015(RMB) Year ending 31 December 2016(RMB) Year ending 31 December 2017(RMB) 3,500,000,000 4,000,000,000 4,500,000,000 Basis of the Proposed Annual Caps: The proposed annual caps are determined with reference to the historical purchases of related goods by the Group from AVIC International and/or its Associated Companies and in consideration of business plans of the Group, especially the continuous growth in shipping business and purchases of asphalt and bearings. It is expected that the purchase amount by the Group from AVIC International and/or its Associated Companies will gradually increase.
