Historical transaction values and Annual Sample Clauses

Historical transaction values and Annual. Caps The Company confirms that there were no historical transaction values available since the Company did not have any historical investment transactions with CITIC Trust in the past. Pursuant to the Investment and Wealth Management Cooperation Framework Agreement, the maximum daily investment balance (including expected accrued investment returns) of Party A with Party B under the Investment Products, Entrusted Investment Services and Other Investment Cooperation within the term of the Investment and Wealth Management Cooperation Framework Agreement should not exceed RMB8,000,000,000 (equivalent to approximately HK$9,020,996,369). For the period from For the For the 3 December 2018 financial year financial year to 31 December ending 31 ending 31 2018 December 2019 December 2020 (RMB) (RMB) (RMB) 8,000,000,000 8,000,000,000 8,000,000,000 Annual Caps The Annual Caps for the period commencing on 3 December 2018 and ending on 31 December 2020 are determined with reference to the balance of cash and cash equivalents of the Group of approximately RMB36,547,754,000 (equivalent to approximately HK$41,212,144,516) as of 30 June 2018. Considering the Group’s financial resources, monetary funds and operation needs, the Company intends to invest part of the cash and cash equivalent of the Group at Party
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Historical transaction values and Annual. Caps The historical transaction values and sales volumes of the aluminum ingots supplied by Party A to, and purchased by Party A from, Party B, respectively, for the three financial years ended 31 December 2022 are as follows: For the financial year ended 31 December 2020(RMB million) (excluding VAT) 2021(RMB million) (excluding VAT) 2022(RMB million) (excluding VAT) Sales by Party A to Party B Historical transaction values 246.0 1,593.0 1,366.2 Historical sales volumes (tons) 21,446 96,222 73,931 Purchase by Party A from Party B Historical transaction values 107.0 443.7 1,069.3 Historical sales volumes (tons) 8,180 26,169 58,973 Total historical transaction values 353.0 2,036.7 2,435.5 Set out below are the Annual Caps which are estimated to be payable by Party B to Party A and by Party A to Party B, respectively, under the Aluminum Ingots Purchase and Sales Framework Agreement for the three financial years ending 31 December 2025: For the financial year ending 31 December 2023 2024 2025 Annual Caps (RMB million) (excluding VAT) (RMB million) (excluding VAT) (RMB million) (excluding VAT) Sales by Party A to Party B 1,646.0 1,646.0 1,646.0 Purchase by Party A from Party B 1,316.8 1,316.8 1,316.8 Total 2,962.8 2,962.8 2,962.8 The Annual Caps for the three financial years ending 31 December 2025 are determined with reference to the expected volumes of the aluminum ingots which are estimated to be sold by Party A to, and purchased by Party A from, Party B and the highest end of the estimated average unit market prices of aluminum ingots (i.e. approximately RMB16,500 (excluding VAT) per ton) published by Beijing Antaike Information Company Limited (北京安泰科信息股份有限公司). The parties have agreed that the total volumes of sales and purchase of the aluminum ingots by Party A to/from Party B shall be no more than 100,000 tonnes and 80,000 tonnes per year, respectively, during the term of the Aluminum Ingots Purchase and Sales Framework Agreement.
Historical transaction values and Annual. Caps The historical transaction values and sales volumes of the aluminum products supplied by the Group to Xxxxxxx for the period from 25 July 2016 to 30 June 2018 are as follows: For the period from 25 July 2016 to 31 December 2016 For the financial year ended 31 December 2017 For the period from 1 January 2018 to 30 June 2018 (RMB) (RMB) (RMB) (excluding VAT) (excluding VAT) (excluding VAT) Historical transaction values 1,452,484,000 4,189,456,000 2,258,765,000 Historical sales volumes (ton) 127,173 337,557 184,118 Set out below are the Annual Caps of the aluminum products to be supplied by the Group to Xxxxxxx under the Aluminum Products Sales Framework Agreement, which are estimated to be payable by Xxxxxxx to the Company for the period from 24 July 2018 to 31 December 2018 and the two financial years ending 31 December 2019 and 31 December 2020: For the period from 24 July 2018 to 31 December 2018 For the financial year ending 31 December 2019 For the financial year ending 31 December 2020 (RMB) (RMB) (RMB) (excluding VAT) (excluding VAT) (excluding VAT) Annual Caps 2,934,557,000 5,551,092,000 5,551,092,000 The Annual Caps for the period ending 31 December 2018 and the two financial years ending 31 December 2019 and 31 December 2020, respectively, are determined with reference to the expected volumes of the aluminum products which are estimated by Xxxxxxx to purchase from the Group and the estimated unit market prices of the aluminum products. Xxxxxxx has confirmed that its future demands for aluminum products will maintain stable at approximately 391,000 tons per year for the three years ending 31 December 2020.

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