INFORMATION OF THE COMPANY. The Company is a joint stock limited liability company incorporated in the PRC, whose H shares are listed on the Hong Kong Stock Exchange. The Company is principally engaged in motor vehicle insurance, commercial property insurance, cargo insurance, liability insurance, accidental injury insurance, short-term health insurance, agriculture insurance, credit insurance, surety insurance, homeowners insurance, marine hull insurance and other insurance business, which are denominated in RMB and foreign currencies, and the related reinsurance business as well as investment and funds application business permitted under the relevant laws and regulations of the PRC. As at the date of this announcement, PICC Group is the controlling shareholder of the Company, holding approximately 68.98% of the total share capital of the Company.
INFORMATION OF THE COMPANY. The Company is a Sino-foreign joint venture joint stock limited company incorporated in the PRC on 24 January 1997. The Company’s main scope of operations include: mining, milling, smelting, further processing and related technical services of non-ferrous metals and rare metals; smelting, mangle processing and further processing of non-ferrous metal mines, rare metals, non-metal mines, non-ferrous metals and related by-products; sulfur chemical products and its extended products and fine chemical products related to the abovementioned operations; trading of non-ferrous metals and trading of precious metals; beneficiation pharmacy, rubber products; production and processing of toxic chemicals, corrosives, compressed gases and liquefied gases; sale and after-sale services for self-produced products together with related consultation services and businesses; geotechnical projects, surveying, tunneling projects; repair and decoration for electrical and mechanical and civil engineering works; vehicles and engineering machinery repair, mobile crane repair; production of rubber hoses assemblies-wire reinforced hydraulic type; casting of wear-resistant alloy products; manufacturing, further processing, erection, repair and sale of mining and smelting specialized equipment; painting, insulation and anticorrosion works; cleansing of industrial equipment; passenger and freight transportation (including dangerous goods transportation), freight transportation agent, warehousing (except dangerous goods); property leasing; technology consulting and service; technology development and transfer; engaging in overseas futures hedging business; provision of import and export agency services (the import and export of the abovementioned commodities do not involve commodities which are subject to and regulated under specific regulations such as state trading, import quota license, export quota bidding and export quota license.)
INFORMATION OF THE COMPANY. The Group is a leading auto sales and services group of luxury conglomerates in China. Its principal businesses include the operation of automobile 4S stores, auto finance businesses and supply chain business.
INFORMATION OF THE COMPANY. The Company is a joint stock limited liability company incorporated in the PRC, whose H shares are listed on the Hong Kong Stock Exchange. The Company is principally engaged in property and casualty insurance, liability insurance, credit insurance, accidental injury insurance, short-term health insurance, guarantee insurance and the related reinsurance businesses as well as investment and funds application businesses in the PRC. As at the date of this announcement, PICC Group is the controlling shareholder of the Company, holding 68.98% of the total share capital of the Company.
INFORMATION OF THE COMPANY. The Company is principally engaged in the manufacture and sale of steel products such as medium-gauge steel plates, steel sections and wire rods. INFORMATION OF CHINA REFORM FINANCIAL China Reform Financial is principally engaged in financial leasing business; leasing business; purchase of leased property at home and abroad; treatment and maintenance of the residual value of the leased property; principal or secondary business-related factoring business; financial leasing business consultation. Its ultimate controller is China Reform Holdings Corporation Ltd., a central enterprise directly controlled by the State-owned Assets Supervision and Administration Commission of the State Council. To the best of the Directors’ knowledge, information and belief, and having made all reasonable enquiry, China Reform Financial and its ultimate beneficial owners are third parties which are independent of the Company and its connected persons.
INFORMATION OF THE COMPANY. The principal activity of the Company is investment holding. The principal activities of the Company’s subsidiaries are the underwriting of direct life insurance business in the PRC, Hong Kong, Macau and Singapore, direct property and casualty insurance business in the PRC, Hong Kong and overseas, pension and group life business, and all classes of global reinsurance business. The Company’s subsidiaries also carry on operations in asset management, insurance intermediary, finance leasing, property investment, health care, rehabilitation and elderly care investment, securities dealing and broking business.
INFORMATION OF THE COMPANY. The Company is an investment holding company incorporated in Bermuda with limited liability and is principally engaged with its subsidiaries in (i) auction business and arts and collections related business; (ii) operation of vineyard, production and sales of wine and related business; (iii) trading of merchandise; and (iv) marine, construction and structural steel engineering and related services. INFORMATION OF THE PURCHASER The Purchaser is a company incorporated in the BVI with limited liability and is principally engaged in the business of investment holding. The Purchaser is a direct wholly-owned subsidiary of the Company. INFORMATION OF THE VENDOR The Vendor is an investment holding company incorporated in Hong Kong with limited liability and a direct wholly-owned subsidiary of DTXS Investment. The Vendor is principally engaged in investment holding. DTXS Investment is an investment holding company incorporated in the PRC with limited liability which as to approximately 50.60% was owned by Xx. Xx, as to approximately 13.80% was owned by Xx. Xxxxx Xxx* (梁雷先生), as to approximately 13.80% was owned by Xx. Xxxx, as to approximately 13.80% was owned by Xx. Xx Xxxxx* (于寶安先生) and as to approximately 8.00% was owned by Xxxxxx Xxxxxx Xxxxxxxxxx Investment Partnership* ( 寧波歐盈宏創投資合夥企業（有限合夥）) respectively. DTXS International Holdings is a company incorporated in the BVI with limited liability and a direct wholly-owned subsidiary of the Vendor. As at the date of this announcement, 373,596,736 Shares, representing approximately 67.20% of the issued share capital of the Company, is owned by DTXS International Holdings. As such, DTXS International Holdings, the Vendor and DTXS Investment are connected persons of the Company under Chapter 14A of the Listing Rules. Xx. Xx is the Chairman, the Executive Director and the ultimate controlling shareholder of the Company. He is also the founding chairman and a director of DTXS group and DTXS Investment, a subsidiary of the DTXS group. Xx. Xx is well connected and resourceful in the society, particularly in the field of cultural industry. He is the deputy of the 13th National People’s Congress, a member of the 10th, 11th and 12th of the Chinese People’s Political Consultative Conference, the chairman of the Silk Road Chamber of International Commerce, the president of Non State Museum Committee of Chinese Museums Association* (中國博物館協會非國有博物館專業委員會), the vice president of Chinese Association for International Understanding* (...
INFORMATION OF THE COMPANY. The Company, as the world’s largest telecommunications tower infrastructure service provider, is primarily engaged in tower business, DAS business and trans-section site application and information business.
INFORMATION OF THE COMPANY. The Company is a joint stock limited company incorporated in the PRC with limited liability, whose H shares are listed on the Hong Kong Stock Exchange. The Company is principally engaged in property insurance, accidental injury insurance, short-term health insurance and the related reinsurance business as well as investment and funds application business in the PRC. Information on ZSIB and CIB ZSIB and CIB are limited liability companies established in the PRC. The businesses of ZSIB and CIB include: drafting insurance proposals to insurance purchasers, selecting insurers and completing insurance purchase procedures; assisting insureds and beneficiaries in claims compensation processes; operating reinsurance broker business; and providing consultation services on disaster prevention, loss prevention, risk assessment and risk management. LISTING RULES IMPLICATIONS ZSIB is a non-wholly owned subsidiary of PICC Group, the controlling shareholder of the Company. PICC Group holds approximately 69% of the issued share capital of the Company and 92.71% of the registered capital of ZSIB. CIB is a non-wholly owned subsidiary of ZSIB. ZSIB holds approximately 55.01% of the registered capital of CIB. Pursuant to the Listing Rules, ZSIB and CIB are connected persons of the Company. Accordingly, the Transaction constitutes a continuing connected transaction of the Company. As Xx. Xxxx Xxxxxxx, Xx. Xxx Xxxxx and Mr. Xx Xxx, Directors of the Company, hold positions in PICC Group, they abstained from voting on the board resolution for considering and approving the Transaction. Save as disclosed above, no other Directors were required to abstain from voting on the board resolution for considering and approving the Transaction or are regarded as having a material interest in the Transaction. As none of the applicable percentage ratios for the Transaction exceeds the 5% threshold under Rule 14A.76 of the Listing Rules, the Transaction is only subject to the reporting, annual review and announcement requirements and is exempt from the independent shareholders’ approval requirement under Chapter 14A of the Listing Rules.
INFORMATION OF THE COMPANY. CHINA EVERBRIGHT AND CE BANK The Company is an investment holding company principally engaged in property leasing, provision of property management services and sales of properties held for sale. As at the date of this announcement, the premises owned by the Group included three commercial buildings, which are located in Chengdu, Sichuan province and Kunming, Yunnan province in the PRC. The Group’s property management services include general property management services, value-added property management services and parking management services. China Everbright is a state-owned enterprise established on 8 December 2014 after the restructuring from China Everbright (Group) Corporation, with its registered capital mainly contributed by the Ministry of Finance of the PRC and Central Huijin Investment Ltd. China Everbright is a financial conglomerate mainly engaged in investment and management operations of banks, securities companies, insurance companies and other financial institutions. CE Bank is one of the major commercial banks in the PRC and primarily engages in the commercial banking business, including retail banking, corporate banking and treasury operation. CE Bank is a subsidiary of China Everbright due to consolidation of its financial statements into those of China Everbright.
