Historical Transaction Amounts. The table below sets out the historical transaction amounts of the Product Purchase Transaction for the three years ended December 31, 2019, 2020, 2021 and nine months ended September 30, 2022. (in US$ millions) 2019 2020 2021 2022 Product Purchase Transaction Proposed Product Purchase Annual Caps 471.8 331.1 245.4 206.5 The Proposed Product Purchase Annual Caps for each of the three years ending December 31, 2023, 2024 and 2025 are set forth below, which was determined primarily with reference to projections of the Company which in turn are prepared by the Company mainly with reference to the following major factors: • the latest available actual amounts of the transactions under the Product Purchase Transaction and the Product Sales Transaction during the period from January 1, 2019 to September 30, 2022 (both dates inclusive); • the expected growth of the Group’s products; • the increase in the prices of precious metals; • the expected growth of the Group’s existing businesses between 2023 and 2025 in view of the Company’s investment and acquisition activities from time to time; • the production strategy as a result of the Group’s production costs control measures; • the expected increase in the number of orders between 2023 and 2025; • the increase in procurement of raw materials and semi-finished components from brand customers directly; • the increase in the procurement of finished components in Vietnam; and • a buffer of 10% due to uncertainties in the external environment. (in US$ millions) 0000 0000 0000 Proposed Product Purchase Annual Caps 375.0 401.0 429.0 On November 18, 2022, the Company and Hon Hai agreed upon the terms and conditions of the Framework Molding Parts Agreement in relation to the procurement of various molding parts by the Group from Hon Hai Group from time to time upon and subject to the terms and conditions thereof. The Company and Hon Hai had entered into an agreement on substantially the same terms for a term from January 1, 2020 to December 31, 2022. For details, please refer to the announcement published by the Company dated November 25, 2019. The principal terms of the Framework Molding Parts Agreement are set out as follows:
Appears in 2 contracts
Samples: Renewal of Continuing Connected Transactions, Renewal of Continuing Connected Transactions
Historical Transaction Amounts. The table below sets out the historical transaction amounts of the Product Purchase Property Leasing Transaction for the three years ended December 31, 2019, 2020, 2021 2020,2021 and nine months ended September 30, 2022. (in US$ millions) 2019 2020 2021 2022 Product Purchase Property Leasing Transaction Proposed Product Purchase Property Leasing Annual Caps 471.8 331.1 245.4 206.5 4.7 4.4 6.8 3.7 The Proposed Product Purchase Property Leasing Annual Caps for each of the three years ending December 31, 2023, 2024 and 2025 are set forth below, which was were determined primarily with by reference to projections of the Company which in turn are prepared by the Company mainly with reference to the following major factors: • the latest available actual amounts of rental payment under the Property Leasing Transaction for the three years ended December 31, 2019, 2020, 2021 and nine months ended September 30, 2022; • the expected transaction amount of the transactions under the Product Purchase Transaction leasing agreements proposed to be signed by the Group between 2023 and the Product Sales Transaction during the period from January 1, 2019 to September 30, 2022 (both dates inclusive)2025; • the expected growth new addition of the Group’s products; • the increase in the prices of precious metals; • the expected growth of the Group’s existing businesses between 2023 and 2025 in view of the Company’s investment and acquisition activities from time to time; • the production strategy as a result of the Group’s production costs control measuresworkshop leasing; • the expected increase in the number of orders between 2023 and 2025; • rent for accommodation due to the increase in procurement of raw materials and semi-finished components from brand customers directly; • the expected increase in the procurement number of finished components in Vietnambusiness trips; and • a buffer of 10% due to uncertainties in the external environment. (in US$ millions) 0000 0000 0000 Proposed Product Purchase Annual Caps 375.0 401.0 429.0 On November 18, 2022, the Company and Hon Hai agreed upon the terms and conditions of the Framework Molding Parts Agreement in relation Pensions Payment Agreement, pursuant to which the procurement Group agreed to make pensions payment on behalf of various molding parts Hon Hai to certain of the Group’s employees who were formerly employed by Hon Hai Group, and Hon Hai Group agreed to repay the advance pensions payment made by the Group from Hon Hai Group on its behalf from time to time upon and subject to the terms and conditions thereof. The Company and Hon Hai had entered into an agreement on substantially the same terms for a term from January 1, 2020 to December 31, 2022. For details, please refer to the announcement published by the Company dated November 25, 2019. The principal terms of the Framework Molding Parts Pensions Payment Agreement are set out as follows:
Appears in 2 contracts
Samples: Renewal of Continuing Connected Transactions, Renewal of Continuing Connected Transactions
Historical Transaction Amounts. The table below sets out the historical transaction amounts of the Product Purchase Sales Transaction for the three years ended December 31, 2019, 2020, 2021 and nine months ended September 30, 2022. (in US$ millions) 2019 2020 2021 2022 Product Purchase Sales Transaction Proposed Product Purchase Sales Annual Caps 471.8 331.1 245.4 206.5 704.1 493.8 523.0 383.6 The Proposed Product Purchase Sales Annual Caps for each of the three years ending December 31, 2023, 2024 and 2025 are set forth below, which was determined primarily with reference to projections of the Company which in turn are prepared by the Company mainly with reference to the following major factors: • the latest available actual amounts of the transactions under the Product Purchase Transaction and the Product Sales Transaction during the period from January 1, 2019 to September 30, 2022 (both dates inclusive); • the expected growth of the Group’s products; • the increase in the prices of precious metals; • the expected growth of the Group’s existing businesses between 2023 and 2025 in view of the Company’s investment and acquisition activities from time to time; • the production strategy as a result of the Group’s production costs control measures; • the expected increase in the number of orders between 2023 and 2025; • the increase in procurement of raw materials and semi-finished components from brand customers directly; • the increase in the procurement of finished components in Vietnam; and • a buffer of 10% due to uncertainties in the external environment. (in US$ millions) 0000 0000 0000 Proposed Product Purchase Sales Annual Caps 375.0 401.0 429.0 660.0 706.0 756.0 On November 18, 2022, the Company and Hon Hai agreed upon the terms and conditions of the Framework Molding Parts Purchase Agreement in relation pursuant to which the procurement of various molding parts by the Group Company has agreed to purchase from Hon Hai Group gold salts as raw materials, ancillary materials and semi-finished components and assembled products from time to time upon and subject to the terms and conditions thereof. The Company and Hon Hai had entered into an agreement on substantially the same terms for a term from January 1, 2020 to December 31, 2022. For details, please refer to the announcement published by of the Company dated November 25, 2019 and the circular of the Company dated December 4, 2019. The principal terms of the Framework Molding Parts Purchase Agreement are set out as follows:
Appears in 2 contracts
Samples: Renewal of Continuing Connected Transactions, Renewal of Continuing Connected Transactions