Common use of INFORMATION OF THE PARTIES Clause in Contracts

INFORMATION OF THE PARTIES. The Group is principally engaged in real estate development and sales in Henan Province, the PRC. Central China New Life is principally engaged in providing all-rounded property management service for buildings and communities nearby in Henan Province, the PRC. As at the date of this announcement, Central China New Life is directly owned as to more than 30% by Xx. Xx. Xx. Xx is the controlling Shareholder and a connected person of the Company. Accordingly, Central China New Life is an associate of Xx. Xx and thus a connected person of the Company under Rule 14A.07(4) of the Listing Rules. The transactions contemplated under the Consultation Services Framework Agreement therefore constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. As one or more applicable percentage ratios (other than the profit ratio) in respect of the transactions contemplated under the Consultation Services Framework Agreement are over 0.1% but less than 5%, the transactions contemplated under the Consultation Services Framework Agreement are subject to the reporting, announcement and annual review requirements but exempted from the circular and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.

Appears in 1 contract

Samples: Consultation Services Framework Agreement

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INFORMATION OF THE PARTIES. The Group is principally engaged in real estate development and sales in Henan Province, the PRC. Central China New Life is principally engaged in providing all-rounded property management service for buildings and communities nearby in Henan Province, the PRC. As at the date of this announcement, Central China New Life is directly owned as to more than 30% by Xx. Xx. Xx. Xx is the controlling Shareholder and a connected person of the Company. Accordingly, Central China New Life is an associate of Xx. Xx Xx, and thus a connected person of the Company under Rule 14A.07(4) of the Listing Rules. The transactions contemplated under the Consultation Services Framework 2019 Agreement therefore constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. As one or more applicable percentage ratios (other than the profit ratio) in respect of the transactions contemplated under the Consultation Services Framework 2019 Agreement on annual basis are over 0.1% but less than 5%, the transactions contemplated under the Consultation Services Framework 2019 Agreement are subject to the reporting, announcement and annual review requirements but exempted from the circular and independent shareholdersShareholders’ approval requirements under Chapter 14A of the Listing Rules.

Appears in 1 contract

Samples: Continuing Connected Transactions Framework Agreement

INFORMATION OF THE PARTIES. The Group is principally engaged in real estate development and sales in Henan Province, the PRC. Central China New Life is principally engaged in providing all-rounded property management service for buildings and communities nearby in Henan Province, the PRC. As at the date of this announcement, Central China New Life is directly owned as to more than 30% by Xx. Xx. Xx. Xx is the controlling Shareholder and a connected person of the Company. Accordingly, Central China New Life is an associate of Xx. Xx and thus a connected person of the Company under Rule 14A.07(4) of the Listing Rules. The transactions contemplated under the Consultation 2019 Hotel Management Services Framework Agreement therefore constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. As one or more applicable percentage ratios (other than the profit ratio) in respect of the transactions contemplated under the Consultation 2019 Hotel Management Services Framework Agreement are over 0.1% but less than 5%, the transactions contemplated under the Consultation 2019 Hotel Management Services Framework Agreement are subject to the reporting, announcement and annual review requirements but exempted from the circular and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.

Appears in 1 contract

Samples: Hotel Management Services Framework Agreement

INFORMATION OF THE PARTIES. The Group is principally engaged in real estate development and sales in Henan Province, the PRC. Central China New Life is principally engaged in providing all-rounded property management service for buildings and communities nearby in Henan Province, the PRC. As at the date of this announcement, Central China New Life is directly owned as to more than 30% by Xx. Xx. Xx. Xx is the controlling Shareholder and a connected person of the Company. Accordingly, Central China New Life is an associate of Xx. Xx Xx, and thus a connected person of the Company under Rule 14A.07(4) of the Listing Rules. The transactions contemplated under the Consultation 2019 Tourism Services Framework Agreement therefore constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. As one or more applicable percentage ratios (other than the profit ratio) in respect of the transactions contemplated under the Consultation 2019 Tourism Services Framework Agreement are over 0.1% but less than 5%, the transactions contemplated under the Consultation 2019 Tourism Services Framework Agreement are subject to the reporting, announcement and annual review requirements but exempted from the circular and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.

Appears in 1 contract

Samples: Tourism Services Framework Agreement

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INFORMATION OF THE PARTIES. The Group is principally engaged in real estate development and sales in Henan Province, the PRC. Central China New Life is principally engaged in providing all-rounded property management service for buildings and communities nearby in Henan Province, the PRC. As at the date of this announcement, Central China New Life is directly indirectly owned as to more than 30% by Xx. Xx. Xx. Xx is the controlling Shareholder and a connected person of the Company. Accordingly, Central China New Life is an associate of Xx. Xx and thus a connected person of the Company under Rule 14A.07(4) of the Listing Rules. The transactions contemplated under the Consultation Real Estate Agency Services Framework Agreement therefore constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. As one or more applicable percentage ratios (other than the profit ratio) in respect of the transactions contemplated under the Consultation Real Estate Agency Services Framework Agreement are over 0.1% but less than 5%, the transactions contemplated under the Consultation Real Estate Agency Services Framework Agreement are subject to the reporting, announcement and annual review requirements but exempted from the circular and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.

Appears in 1 contract

Samples: Real Estate Agency Services Framework Agreement

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