HISTORICAL TRANSACTION RECORDS. Set out below is a summary of the aggregated amounts of the continuing connected transactions between ACCA and China Cargo for the three years ended 31 December 2017: Continuing connected 11,764,000 11,900,860 12,262,000 transactions with China (equivalent to (equivalent to (equivalent to Cargo approximately HK$14,234,440) approximately HK$14,400,041) approximately HK$14,837,020)
HISTORICAL TRANSACTION RECORDS. Set out below is a summary of the historical transactions amounts between ACCA, Eastern Airlines and Shanghai Airlines under the System Services Agreement for the three years ended 31 December 2019 and the seven months ended 31 July 2020: Year ended 31 December Seven months ended 31 July System Services 81,909,000 94,255,000 104,996,000 38,466,000 Transactions (equivalent to approximately HK$90,099,900) (equivalent to approximately HK$103,680,500) (equivalent to approximately HK$115,495,600) (equivalent to approximately HK$42,312,600) Note: The historical transaction figures for the three years ended 2017, 2018 and 2019 are audited figures of the Group. The figure for the seven months ended 31 July 2020 is internal management account figure and the reason for the low figure is mainly due to the outbreak of the COVID-19 epidemic at the beginning of 2020 (the “Epidemic”). China’s economy is expected to recover its growth trend once the Epidemic is under control, which in turn may stimulate the demand for civil aviation industry. Therefore, the Directors and the management of the Company considered that the determination of the proposed annual cap for the year ending 31 December 2021 shall not make reference to the historical transaction amount for the seven months ended 31 July 2020.
HISTORICAL TRANSACTION RECORDS. Set out below is a summary of the historical transactions amounts between ACCA, Factoring Company and Eastern Airlines under the Factoring Services Agreement from the date of entering into the Factoring Services Agreement to 31 December 2019 and the seven months ended 31 July 2020: Factoring limit (being the maximum outstanding factoring balance at any time during the effective term of the Factoring Services Agreement) 920 1,470 Factoring service fees and handling charges 0 4.73
HISTORICAL TRANSACTION RECORDS. Set out below is a summary of the amount of the transactions between CE Airlines and the Company contemplated under the CE Holding Technology Services and Ancillary Support Agreement and its predecessor agreement for the three years ended 31 December 2006: As set out in the 2006 Circular, the annual caps for the transactions between CE Holding (including its subsidiaries (e.g. CE Airlines) and associated companies) and the Company contemplated under the CE Holding Technology Services and Ancillary Support Agreement for the three years ending 31 December 2008, which have been approved by the shareholders of the Company at the 2006 EGM, are as follow: The amount of the transactions between CE Holding (including its subsidiaries (e.g. CE Airlines) and associated companies) and the Company during the period commencing on 1 January 2007 to 29 August 2007 is within the annual cap for the year ending 31 December 2007 mentioned above. Set out below is a summary of the Annual Caps of the Continuing Connected Transactions entered or to be entered between CE Airlines and the Company under the CE Airline Services Agreement for the Relevant Period: 2007 Annual Cap RMB 297,388,000 (equivalent to approximately HK$297,388,000) 2008 Annual Cap RMB 386,604,000 (equivalent to approximately HK$386,604,000) 2009 Annual Cap RMB 502,585,000 (equivalent to approximately HK$502,585,000) 2010 Annual Cap RMB 653,360,000 (equivalent to approximately HK$653,360,000) 2011 Annual Cap RMB 849,368,000 (equivalent to approximately HK$849,368,000) The Annual Caps for each of the five years ending 31 December 2011 are determined by reference to (i) the historical annual transaction amounts between CE Airlines and the Company under the CE Holding Technology Services and Ancillary Support Agreement and its predecessor agreement for the three years ended 31 December 2006; and (ii) the estimated growth of the transaction volume taking into account of the anticipated growth of the China’s aviation and travel industry as well as the increasing frequency of business trips. The Directors estimate that the Continuing Connected Transactions will increase by about 15% to 30% per annum and 30% is used in determining the amount of the Annual Caps. The Directors are of the view that the Annual Caps in respect of the Continuing Connected Transactions are fair and reasonable. The Group is principally engaged in provision of aviation information technology services in the PRC. As mentioned in the paragraph h...
HISTORICAL TRANSACTION RECORDS. Set out below is a summary of the aggregated amounts of rents of Jiaxing Property for the two years ended 31 December 2017 and the eleven months ended 30 November 2018: Aggregate amounts of rents of Jiaxing Property
(1) The Group start to rent the Jiaxing Property from CTCD since 2016. The highest applicable percentage ratio of aggregated transactions amounts of rents of the Jiaxing Property during
(i) the year 2016 (the Company and Huadong Data Centre start to rent the Jiaxing Property from March 2016 and April 2016 respectively); (ii) the year 2017; and (iii) 1 January 2018 to the date of this announcement, respectively is less than 0.1%, thus the historical transactions of renting the Jiaxing Property is exempt from the announcement requirement under Chapter 14A of the Listing Rules. After entered into the Jiaxing Data Centre Tenancy Agreement, the highest percentage ratio of aggregated annual rents of the Jiaxing Property during the two years from 1 January 2018 to 31 December 2019 is more than 0.1% but less than 5%, therefore the Company publishes this announcement to fulfil the announcement requirement under Chapter 14A of the Listing Rules.
(2) The Company start to rent part of server rooms of the Jiaxing Property since March 2016, Huadong Data Centre start to rent part of office areas of the Jiaxing Property since April 2016, thus the transaction amounts of the year ended 31 December 2016 are only the transaction amounts during the tenancy term.
HISTORICAL TRANSACTION RECORDS. The costs on the purchases of the Office Supplies and Equipment incurred under the Original Master Purchase Agreement were as follows: RMB48,169,958.65 RMB64,093,073.64 RMB51,781,845.28 The Board further confirms that, as at the date of this announcement, the actual transaction amount on the purchases of the Office Supplies and Equipment by the Group from Daojiahui Technology Company since 1 January 2023 still falls within the de minimis threshold under Chapter 14A of the Listing Rules.
HISTORICAL TRANSACTION RECORDS. The historical transaction amounts for the rent and related fees in respect of the leasing of properties and/ or ancillary equipment and facilities between the Group and the CRRC Group for the three years ended 31 December 2017 are as follows: Rent and related fees paid to the Group by the CRRC Group 10.26 5.55 6.37 Rent and related fees paid to the CRRC Group by the Group (Note) 188.42 97.40 2.33 Note: The substantial amount of rent and related fees paid to the CRRC Group by the Group was attributable to the rent for leasing the high-power IGBT production line (the “IGBT Production Line”) by the Group pursuant to the lease agreement dated 25 September 2014 entered into between 中 車 株 洲 電 力 機 車 研 究 所 有 限 公 司 (CRRC Zhuzhou Institute Co., Ltd.) and the Group (the “IGBT Lease Agreement”). The Group subsequently completed the acquisition of the IGBT Production Line on 1 December 2016. For details, please refer to the announcement of the Company dated 25 September 2014 in relation to the IGBT Lease Agreement and the announcements of the Company dated 18 May 2016 and 16 December 2016 and the circular of the Company dated 7 June 2016 in relation to the acquisition of IGBT Production Line.
HISTORICAL TRANSACTION RECORDS. Set out below is a summary of the historical transactions amounts between ACCA and Eastern Airlines (for itself and on behalf of Shanghai Airlines) under the Eastern Airlines System Services Agreement for the three years ended 31 December 2017 and the ten months ended 31 October 2018: Year ended 31 December ten months ended 31 2015 2016 2017 October 2018 (RMB) (RMB) (RMB) (RMB) continuing connected 74,482,600 76,084,910 81,909,000 97,345,000 transactions with Eastern (equivalent to (equivalent to (equivalent to (equivalent to Airlines (for itself and on approximately approximately approximately approximately behalf of Shanghai Airlines) HK$84,165,338) HK$85,975,948) HK$92,557,170) HK$109,999,850)
HISTORICAL TRANSACTION RECORDS. Set out below is a summary of the aggregated amounts of the continuing connected transactions between ACCA and China Cargo for the three years ended 31 December 2018 and the ten months ended 31 October 2019:
HISTORICAL TRANSACTION RECORDS. Set out below are the historical transaction amounts under the Technology Services Provision Agreements for the three years ended 31 December 2017 and the ten months ended 31 October 2018: Transactions with China Cargo and Eastern Logistics under the Technology Services Provision Agreements
