INFORMATION OF THE COMPANY AND THE PARTIES. The Company The Company primarily focuses on embedded non-volatile memory, power discrete, analog & power management, logic & RF and other specialty technology manufacturing platforms. Huahong Zealcore Xxxxxxx Xxxxxxxx is a 93.02% owned by Huahong Group, a substantial shareholder of the Company. Xxxxxxx Xxxxxxxx’s principal business is research, development and sales of integrated circuits and ancillary products. Xxxxxxx Xxxxxxxx also engages in import and export business of goods and technology relating to the research, development and sales of integrated circuits.
INFORMATION OF THE COMPANY AND THE PARTIES. The Company The Company primarily focuses on embedded non-volatile memory, power discrete, analog & power management, logic & RF and other specialty technology manufacturing platforms. Hongri Xxxxxx’s principal business is research, development and sales of integrated circuits and ancillary products. Xxxxxx also engages in import and export business of goods and technology relating to the research, development and sales of integrated circuits. Hongri is owned as to 51% by Huahong Group, a substantial shareholder of the Company, which is ultimately owned as to 51.59% by Shanghai SASAC, and 18.36%, 18.36% and 11.69% respectively by Shanghai International Group Corporation Limited (上海國際集團有限公司), Shanghai Guosheng Group Co., Ltd (上海國盛（集團）有限公司) and INESA, all of which are wholly-owned subsidiaries of Shanghai SASAC. Hongri is also held by Nexty Electronics Corporation as to 39% and Toyota Tsusho Corporation as to 10%. HHGrace HHGrace, a company incorporated in the PRC on 24 January 2013, is a wholly-owned subsidiary of the Company. The principal business of HHGrace is to research, develop, manufacture and sell semiconductors as a pure-play foundry.
INFORMATION OF THE COMPANY AND THE PARTIES. The Company, through its subsidiaries, is principally engaged in the business of pachinko hall operation and global Aircraft Leasing Business. DAIL is a company formed under the laws of the Republic of Ireland and an indirect wholly-owned subsidiary of the Company. It is principally engaged in Aircraft Leasing Business. SAIL is a company formed under the laws of the Republic of Ireland and a wholly-owned subsidiary of SAC (a company wholly-owned by Xx. Xxxx XXXX, a non-executive Director and a controlling shareholder of the Company). It is principally engaged in Aircraft Leasing Business.
INFORMATION OF THE COMPANY AND THE PARTIES. The Company The Company primarily focuses on research and manufacturing of semiconductors on 200mm wafers for specialty applications, in particular eNVM and power discretes. HHGrace HHGrace is a wholly foreign owned enterprise incorporated in the PRC on January 24, 2013 and a wholly-owned subsidiary of the Company. The principal business of HHGrace is to research, develop, manufacture and sell semiconductors as a pure-play foundry. Huahong Group Shanghai Huahong is a company incorporated in the PRC on 9 April 1996, first as Shanghai Hua Hong Microelectronic Co., Ltd. and later renamed as Shanghai Huahong (Group) CO., Ltd. in 1998, and a controlling shareholder of the Company. Shanghai Huali Shanghai Huali is 53.79% owned by Huahong Group, a controlling shareholder of the Company. Shanghai Huali’s principal business is developing and operating a 300mm wafer fab.
INFORMATION OF THE COMPANY AND THE PARTIES. TO THE EQUITY TRANSFER AGREEMENTS The Company is an investment holding company and the Group is principally engaged in provision of medical care, health care and geriatric care related services and products. The First Vendor (or the Third Guarantor) is a wholly owned subsidiary of the Company incorporated under the laws of the PRC with limited liability and is principally engaged in investment holding. The Second Vendor (or the Fourth Guarantor) is a substantial shareholder of the Target Company incorporated under the laws of the PRC with limited liability and is principally engaged in investment holding. The First Guarantor is an indirect wholly-owned subsidiary of the Company incorporated under the laws of the PRC with limited liability and is principally engaged in investment holding. The Second Guarantor is a related company of the Second Vendor incorporated under the laws of the PRC with limited liability and is principally engaged in property development and construction project. The Purchaser is a company incorporated under the laws of the PRC with limited liability and is principally engaged in property development, investments and leasing.
INFORMATION OF THE COMPANY AND THE PARTIES. The Company is a leading supplier of lighting products in China. It designs, develops, produces, markets and sells a variety of lighting products, with a strong focus on energy-saving products. Huizhou NVC is a wholly foreign-owned enterprise with limited liability incorporated in the PRC and mainly engaged in manufacture and sale of lights, luminaries, light transformers, lighting electronic products and other appliances. As at the date of this announcement, Huizhou NVC is a wholly-owned subsidiary of the Company. Guangdong ETLEC is a company with limited liability incorporated in the PRC and mainly engaged in production and sale of LED products. Guangdong ETLEC is a connected person of the Company under the Listing Rules by virtue of being an associate of ETIC, a substantial shareholder of the Company. LISTING RULES IMPLICATIONS As at the date of this announcement, ETIC is a substantial shareholder of the Company holding approximately 20.59% of the Company’ s share capital and is therefore a connected person of the Company under Chapter 14A of the Listing Rules. Guangdong ETLEC is a subsidiary of ETIC and thus constitutes a connected person of the Company by virtue of being an associate of ETIC. Accordingly, the transactions between the Group and Guangdong ETLEC constitute connected transactions of the Company under Chapter 14A of the Listing Rules. As one or more of the applicable Percentage Ratios calculated based on the annual caps of considerations under the Agreement is more than 0.1% but less than 5%, the transactions under the Agreement are subject to the reporting, announcement and annual review requirements, but are exempted from the independent shareholders’ approval requirement under Chapter 14A of the Listing Rules. The Directors (including the independent non-executive Directors) consider that the terms of the Agreement are on normal commercial terms and fair and reasonable, and are entered into in the ordinary and usual course of business of the Company and in the interests of the Company and its Shareholders as a whole.
