INFORMATION OF THE PARTIES INVOLVED. The Group The Lessor of the Property Lease Agreement The Lessee of the Property Lease Agreement IMPLICATIONS UNDER THE LISTING RULES
INFORMATION OF THE PARTIES INVOLVED. The Company is an experienced property management services provider in the PRC engaged in the provision of property management services, such as property and equipment maintenance, security services, cleaning services, gardening services, and public area maintenance. Xx. Xxxx is a controlling shareholder of the Company. Xx. Xxxx has been involved in property development and property investment in the PRC via the Seazen Group. Seazen Holdings is a subsidiary of Seazen with its A shares listed on the Shanghai Stock Exchange (stock code: 601155). The principal business activities of Xx. Xxxx’x Associated Companies are property development and property investment in the PRC. As at the date of this announcement, Xx. Xxxx is a controlling Shareholder of the Company, and thus is a connected person of the Company under the Listing Rules. Accordingly, the transactions contemplated under the 2024 Services Framework Agreement, the 2024 Seazen Framework Agreement, the 2024 Services Framework Supplemental Agreement and the 2024 Seazen Framework Supplemental Agreement constitute continuing connected transactions of the Company. As the highest applicable percentage ratio in respect of the 2024 Services Annual Cap, the 2024 Seazen Annual Cap, the 2024 Parking Lot Refundable Deposit Annual Cap and the 2024 Seazen Parking Lot Refundable Deposit Annual Cap contemplated under the 2024 Services Framework Agreement, the 2024 Seazen Framework Agreement, the 2024 Services Framework Supplemental Agreement and the 2024 Seazen Framework Supplemental Agreement exceeds 5%, the 2024 Services Framework Agreement, the 2024 Seazen Framework Agreement, the 2024 Services Framework Supplemental Agreement and the 2024 Seazen Framework Supplemental Agreement, together with the 2024 Services Annual Cap, the 2024 Seazen Annual Cap, the 2024 Parking Lot Refundable Deposit Annual Cap and the 2024 Seazen Parking Lot Refundable Deposit Annual Cap thereof, constitute continuing connected transactions of the Company which is subject to the announcement, reporting, annual review and Independent Shareholders’ approval requirements under Chapter 14A of the Listing Rules. As at the date of this announcement, (i) Xx. Xxxx Xxxxxxxx, a non-executive Director and the son of Xx. Xxxx; and (ii) Xx. Xx Xxxxxxxx and Xx. Xx Xxxxxxxxx, being the non-executive Directors and the executive directors of Seazen, were considered to have a material interest in the transactions under the 2024 Services Framework Agreement, ...
INFORMATION OF THE PARTIES INVOLVED. The Company mainly engages in the developments, production and sales of fertilisers (including urea, phosphate and compound fertiliser) and chemical products (primarily methanol and polyformaldehyde). Zhonghai Trust is a state-owned non-banking financial institution jointly established by CNOOC and CITIC Limited. Zhonghai Trust is engaged in the trust business approved by the State Administration of Financial Supervision and Administration and its own businesses include trust loans, credit asset securitisation, structured securities investment, private equity funds, equity trusts and financial consultancy. As at the date of this announcement, CNOOC is the controlling shareholder of the Company and Zhonghai Trust is a non-wholly owned subsidiary of CNOOC. Therefore, Zhonghai Trust is a connected person of the Company under Rule 14A.07 of the Listing Rules. The Investment under the Trust Scheme Agreement constitutes a connected transaction of the Company. Pursuant to the Listing Rules, as the highest applicable percentage ratio (as defined under Rule 14.07 of the Listing Rules) in respect of the Investment exceeds 0.1% but is less than 5%, the Investment is subject to reporting, announcement requirements but is exempted from independent shareholders’ approval requirement under Chapter 14A of the Listing Rules. Due to their positions in CNOOC, Xx. Xxxxx Xxxxxx and Xx. Xxxx Xxxxxxx have abstained from voting at the Board meeting on the resolution approving the Investment.
INFORMATION OF THE PARTIES INVOLVED. The Company The Company is a technology service company focusing on servicing global IC chips industry and AIoT ecosystem in China. The Group’s two primary businesses focus on (i) the sales and promotion of IC chips to AIoT enterprises in China; and (ii) the research and development and sales of proprietary products, as well as developing customized technical solutions, providing financing services and seeking investment or acquisition and merger opportunities in high-quality startups within the Group’s AIoT ecosystem. Comtech Industrial Comtech Industrial, an indirect non-wholly owned subsidiary of the Company, is a company established in the PRC that is principally engaged in investment holding and the sales and promotion of IC chips to AIoT enterprises in China. Set out below is the summary financial information of Comtech Industrial and its subsidiaries and Shenzhen Ingdan Microelectronics Research Institute for the two years ended 31 December 2019 based on its audited combined accounts: For the year ended 31 December For the year ended 31 December (RMB’000) (RMB’000) Net profit before tax 51,632 87,956 Net profit after tax 45,948 85,809 As at 31 December 2019, Comtech Industrial had net assets of approximately RMB71,836,000 as shown in its audited accounts. Xx. Xxxx Xx. Xxxx is the chief executive officer, chairman of the Board, an executive Director and the controlling shareholder of the Company. Alphalink Alphalink, a wholly owned subsidiary of the Company, is a limited liability company incorporated in the British Virgin Islands principally engaged in investment holding. Optimum Optimum is a limited liability company incorporated in Hong Kong principally engaged in investment holding. Jushidai Fund Jushidai Fund is a limited partnership established in the PRC principally engaged in equity investments and investment consultancy. CATIC Pingshan Fund CATIC Pingshan Fund is a limited partnership established in the PRC principally engaged in venture capital investments and consultancy. Gongqingcheng Kaisheng Fund Gongqingcheng Kaisheng Fund is a limited partnership established in the PRC principally engaged in equity investments and investment management. Chaoshang ASEAN Investment Chaoshang ASEAN Investment is a limited liability company established in the PRC principally engaged in equity investments and management. Hongwen Capital Hongwen Capital is a limited liability company established in the PRC principally engaged in project investments and inve...
INFORMATION OF THE PARTIES INVOLVED. The Company Otsuka
INFORMATION OF THE PARTIES INVOLVED. The principal activity of the Company is investment holding, and through its subsidiaries, specialises in businesses such as international express and parcel services, international air and sea freight forwarding as well as contract logistics services (including warehousing, distribution and customs clearance). The Group further provides support services in relation to origin management, key account management, customs and compliance, web-based supply chain visibility and supply chain consultancy. YTO Express is a company listed on the Shanghai Stock Exchange (stock code: 600233). And the YTO Express Members are principally engaged in cargo transportation and as freight forwarding agent as well as the warehousing and distribution of goods as a leader in the express and courier service market in the PRC.
INFORMATION OF THE PARTIES INVOLVED. The Company The Company is a technology service company focusing on servicing global IC chips industry and AIoT ecosystem in China. The Group’s two primary businesses focus on (i) the application design and the sales and promotion of IC chips to AIoT enterprises in China and (ii) the research and development and sales of proprietary products, as well as developing customized technical solutions, providing financing services and seeking investment or acquisition and merger opportunities in high-quality startups within the Group’s AIoT ecosystem. Comtech Comtech, an indirect subsidiary of the Company, is a company established in the PRC that is principally engaged in investment holding, the research and development and the application design and sales and promotion of IC chips to AIoT enterprises in China. Based on Comtech’s unaudited combined accounts after taking into account certain adjustments made by its PRC auditors, the net profit before tax for each of the two years ended 31 December 2019 and 31 December 2020 was RMB52,241,000 and RMB169,102,000, respectively; and the net profit after tax for each the two years ended 31 December 2019 and 31 December 2020 was RMB47,124,000 and RMB163,788,000, respectively. As at 31 December 2020, Comtech had net assets of approximately RMB570 million based on its unaudited combined accounts. Alphalink Alphalink, a wholly owned subsidiary of the Company, is a limited liability company incorporated in the British Virgin Islands principally engaged in investment holding. Guangdong Industrial Development Fund The shareholders of Guangdong Industrial Development Fund are Guangdong Utrust Fund Management Co., Ltd.* (廣東粵財基金管理有限公司) (‘‘Guangdong Utrust Fund Management’’) and Guangdong Utrust Investment Holdings Limited* (廣東粵財投資控股有限公司). Guangdong Utrust Fund Management was established on 22 January 2016 with a registered capital of RMB500 million, and is a wholly-owned subsidiary of Guangdong Utrust Investment Holdings Limited, which is a large-scale financial group company directly administered by the People’s Government of Guangdong Province. Guangdong Utrust Fund Management has been entrusted to manage two equity investment funds (fund of funds), namely Guangdong Industrial Development Fund* (廣東省產業發展基金) and Guangdong Semiconductor and Integrated Circuit Industry Investment Fund* (廣東省半導體及集成電路產業投資基金). Meanwhile, it also manages various policy-oriented investment funds, including the Advanced Equipment Manufacturing Industry De...
INFORMATION OF THE PARTIES INVOLVED. The Group GVT Passenger Transportation Branch GCGC Group Guangdong Transportation Testing IMPLICATIONS UNDER THE LISTING RULES
INFORMATION OF THE PARTIES INVOLVED. Merak, a company incorporated in the British Virgin Islands with limited liability, is principally engaged in investment holding. As at the date of this announcement, Mr. Xxx Xxxx（劉鵬）is the sole beneficial owner of Merak.
INFORMATION OF THE PARTIES INVOLVED. The Group GCGC GCGC Group IMPLICATIONS UNDER THE LISTING RULES Continuing connected transactions
