VOLUNTARY ANNOUNCEMENT. STRATEGIC COOPERATION AGREEMENT This is a voluntary announcement made by SITC International Holdings Company Limited (the “Company”, and together with its subsidiaries, the “Group”). The Company is pleased to announced that on 26 May 2015, the Company entered into a strategic cooperation agreement (the “Strategic Cooperation Agreement”) with Qingdao Port International Co., Ltd. (“Qingdao Port International”), a company whose shares are listed on the Main Board of The Stock Exchange of Hong Kong Limited, a primary operator of the Port of Qingdao and operates four port areas in Qingdao, mainly engaged in the handling of different types of cargoes such as container, metal ore, coal and oil and the provision of ancillary services, logistics and port value-added services, port ancillary services and financial services. Pursuant to the Strategic Cooperation Agreement, the parties agreed that (i) Qingdao Port International will support the Company’s provisions of “high-frequency, high density” sea freight logistics services and the Company will treat the Port of Qingdao as its preference choice for its containers loading and unloading; (ii) by leveraging on their own respective strengths, both parties shall jointly participate in terminal, logistics and infrastructure investments and operations in Southeast Asia and mainland China; and (iii) the Company commits to cooperate with each other to actively explore for suitable business cooperation projects in both overseas and domestic logistics markets, including ports and inland container depot and warehouse, shipping agency and extension services, port related ancillary services. The cooperation between the Company and Qingdao Port International under the Strategic Cooperation Agreement was entered into by the parties with an aim to further strengthen the strategic cooperation between the parties in the port and logistics market, and to further expand areas of cooperation between the two parties so as to deepen the benefits of cooperation in order to generate greater returns to the shareholders of each of the Company and Qingdao Port International, respectively. The Strategic Cooperation Agreement has a term of five years. The Company believes that the entering of the Strategic Cooperation Agreement will enable both parties to leverage on their respective strength, resources and expertise and provide value-added services to customers, which will be beneficial to the business development of both the Group and Qingda...
VOLUNTARY ANNOUNCEMENT. PRODUCT LICENSING AND CO-DEVELOPMENT AGREEMENT The board of directors (the “Board”) of CSPC Pharmaceutical Group Limited (the “ Company”) is pleased to announce that on 9 December 2016, CSPC Zhongqi Pharmaceutical Technology (Shijiazhuang) Co., Ltd* （石藥集團中奇製藥技術（石家莊）有限公司） (“CSPC Zhongqi ”), a wholly owned subsidiary of the Company, entered into an agreement (the “Agreement”) with Teva Pharmaceuticals USA, Inc. (“Teva”) in relation to the product licensing and commercialization of a complex antibiotic injectable generic drug (the “Product”) in the United States of America (the “ US”) and countries in the European Union (the “ EU”) (together, the “ Territory”). The Product is under development by CSPC Zhongqi utilizing its proprietary technology. Pursuant to the Agreement, CSPC Zhongqi is responsible for the pre-clinical development of the Product and know-how in relation to the manufacturing of the Product and preparation of documentation according to both US and EU requirements for drug application. CSPC Xxxxxxx agrees to grant an exclusive right to Teva to perform the necessary non-clinical and clinical studies and apply for the relevant approvals required for the distribution and sale of the Product in the Territory and to exclusively distribute and sell the Product in the Territory. Teva will make milestone payments to CSPC Zhongqi of up to an aggregate amount of US$100,000,000 subject to the Product’s application progress and amount of future sales in the Territory. Upon successful launch of the Product in the Territory, CSPC Zhongqi shall supply the Product exclusively to Teva, and Teva shall purchase exclusively from CSPC Zhongqi such quantities of the Product that Teva requires for distribution and sale in the Territory. CSPC Xxxxxxx will also be entitled to receive a prescribed percentage of the net profits with respect to the sale of the Product in the Territory from Teva. Teva is a member of Teva Pharmaceuticals in the US, a leading global pharmaceutical company in generic and specialty medicines. * For identification purpose only By order of the Board CSPC Pharmaceutical Group Limited CAI Dongchen Chairman Hong Kong, 14 December 2016
VOLUNTARY ANNOUNCEMENT. STRATEGIC COOPERATION FRAMEWORK AGREEMENT This announcement is made by United Strength Power Holdings Limited (the “Company”, together with its subsidiaries the “Group”) on a voluntary basis to provide its shareholders and potential investors with updated information in relation to the latest business development of the Group.
VOLUNTARY ANNOUNCEMENT. PRODUCT TECHNOLOGY LICENSING AGREEMENT The board of directors (the “Board”) of CSPC Pharmaceutical Group Limited (the “Company”) is pleased to announce that on 20 April 2016, CSPC Zhongqi Pharmaceutical Technology (Shijiazhuang) Co., Ltd*（石藥集團中奇製藥技術（石家莊）有限公司）(“CSPC Zhongqi”), a wholly- owned subsidiary of the Company, entered into an agreement (the “Agreement”) with Xxxxxx Laboratories, Inc. (“Xxxxxx”), a subsidiary of Allergan plc (“Allergan”), in relation to the product technology licensing and commercialization of a complex generic oncology drug (the “Product”) in the global market except China (the “Territory”). The Product is under development by CSPC Zhongqi utilizing its proprietary technology. Pursuant to the Agreement, CSPC Zhongqi is responsible for the pre-clinical development of the Product and know-how in relation to the manufacturing of the Product and ensuring that the Product is in compliance with the principles and guidelines on good manufacturing practice for medicinal products issued by the relevant authorities in the United States and countries in the European Union. CSPC Xxxxxxx agrees to grant an exclusive right to Xxxxxx to perform the necessary non-clinical and clinical development and apply for the relevant approvals required for the manufacturing, distribution and sale of the Product in the Territory and to exclusively distribute and sell the Product in the Territory. Xxxxxx will make milestone payments to CSPC Zhongqi of up to an aggregate amount of US$106,000,000 subject to the drug development and registration progress and amount of future sales in the Territory achieved. Upon successful launch of the Product in the Territory, CSPC Zhongqi shall supply the Product exclusively to Xxxxxx, and Xxxxxx shall purchase exclusively from CSPC Zhongqi such quantities of the Product that Xxxxxx requires for distribution and sale in the Territory. CSPC Xxxxxxx will also be entitled to receive a prescribed percentage of the net profits with respect to the sale of the Product in the Territory by Xxxxxx. * For identification purpose only Allergan is headquartered in Dublin, Ireland. It is a leading global pharmaceutical company with commercial operations in approximately 100 countries. Allergan is focused on developing, manufacturing and commercializing innovative branded pharmaceuticals, high-quality generic and over-the-counter medicines and biologic products for patients around the world. By order of the Board Xxx Xxxxxxxx Chairman Hong Ko...
VOLUNTARY ANNOUNCEMENT. STRATEGIC COOPERATION AGREEMENT This is a voluntary announcement made by the Major Holdings Limited (the “Company”) and its subsidiaries (collectively, the “Group”) in order to update its shareholders and potential investors on the latest development of the Group. The board (the “Board”) of directors of the Company (the “Directors”) is pleased to announce that after trading hours on 7 January 2016, Major Cellar Company Ltd (“Major Cellar”), a wholly-owned subsidiary of the Company, entered into a strategic cooperation agreement (“Strategic Cooperation Agreement”) with Chengdu De Min Xxx Xxxx Technology Stock Co., Ltd# (成都得民數聯科技股份有限公司) (“Chengdu De Min”), pursuant to which the parties propose to jointly develop a value-added online sales platform in the People’s of Republic of China (“PRC”) for the purpose of selling wine and related products online. Pursuant to the Strategic Cooperation Agreement, if the parties do not enter into a definite cooperation agreement within 30 days from 7 January 2016, the Strategic Cooperation Agreement (save as the confidentiality clause therein) shall automatically terminate and have no effect. The Board wishes to emphasise that the Strategic Cooperation Agreement only sets out the preliminary cooperation intentions of Major Cellar and Chengdu De Min. Save for the provisions relating to confidentiality, termination, governing law and jurisdiction, the Strategic Cooperation Agreement is not legally binding. * For identification purposes only The reason for the Group to enter into the Strategic Cooperation Agreement is to leverage on the strength, resources and expertise of both parties to develop the value-added online sales platform in the PRC. The Directors believe that with the concerted efforts from both parties, there will be synergy for both parties to become competitive in the market, which will be beneficial to the business development of both the Group and Chengdu De Min. To the best of the knowledge, information and belief of the Directors having made all reasonable enquiries, Chengdu De Min and each of their ultimate beneficial owners are third parties independent of the Company and its connected persons as defined in The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. The Board wishes to emphasise that a definitive cooperation agreement may or may not be entered into by the parties and as such the cooperation with Chengdu De Min may or may not proceed. Shareholders of the Comp...
VOLUNTARY ANNOUNCEMENT. Strategic Cooperation Framework Agreement Entered into with Shenneng Nanjing, Subsidiary of Shenzhen Energy Group China South City Holdings Limited (the “Company”) is pleased to announce that China South City Group Company Limited*, a wholly-owned subsidiary of the Company, has entered into a strategic cooperation framework agreement with Shenneng Nanjing Energy Holding Co., Ltd.* (深能南京能源控股有限公司) (the “Shenneng Nanjing”) on 23 February 2022, for carrying out all-rounded active cooperation in the fields of rooftop distributed photovoltaic, cogeneration, carbon asset management, various types of energy storage, integrated energy, contract energy management and other fields, relying on their respective advantages. This cooperation with Shenneng Nanjing is an important stage for the Group to comprehensively promote the development and management of new energy. Relying on our facilitation conditions: the construction area of projects that have been completed or started over 26 million square meters, more than 100,000 tenants and more than 300 million kilowatts of annual electricity consumption, providing important support for the cooperation between both parties. Through the all-rounded promotion of comprehensive smart energy, the integration of distributed power generation, heat, cold and domestic hot water supply, and the use of geothermal, air source and water source heat pumps, energy storage, building photovoltaic integration and other technologies, will eventually achieve heating, low carbon cooling or even zero carbon. And through the new energy development and management to achieve economic benefits, thereby enhancing the Company's sustainable business benefits. The signing of this strategic cooperation framework agreement was jointly promoted by Shenzhen SEZ Construction and Development Group Co., Ltd. (the “SZCDG”) and Shenzhen Energy Group Co., Ltd. (the “Shenzhen Energy Group”), the parent company of Shenneng Nanjing. This cooperation reflects the high degree of compatibility of the understanding of the long-term strategic development between the Company and SZCDG, and on the basis of friendly cooperation and fully complementing the strengths of both parties, strengthens the strategically and coordinated development to achieve mutual benefit and win-win for both parties.
VOLUNTARY ANNOUNCEMENT. STRATEGIC COOPERATION AGREEMENT This is a voluntary announcement made by HMV Digital China Group Limited (the “Company” and together with its subsidiaries, the “Group”). The board of directors (the "Board") of HMV Digital China Group Limited (the "Company") is pleased to announce that on 22 March 2017, the Company entered into a strategic cooperation agreement (the "Strategic Cooperation Agreement") with 北京奇藝世紀科技有限公司, a subsidiary of iQIYI Motion Pictures (the "iQIYI"), setting out the major terms of cooperation between the parties for the exclusive internet broadcast rights in the People’s Republic of China (“PRC”). By entering into the Strategic Cooperation Agreement, the Company authorizes iQIYI to have an exclusive internet broadcast right for the Movies in PRC, including (i) the overseas movies, namely “The Expandabells aka The Belles”, “Angel Has Fallen”, “Final Score”, “Stoic” and “Unchained”; (ii) the movies produced by the Company, namely “29+1”, “The Sinking City From the Space Capsule”, “The Yuppie Fantasia 33D” and “Agent Xx. Xxxx”’; and (iii) the co-invest movies, namely “Death Notify”, “Iceman 2” and “Dynasty Warriors” (collectively, “Movies”). According to the Strategic Cooperation Agreement, iQIYI will have the exclusive internet broadcast rights of the Movies in PRC for a period from twelve years to fifteen years respectively. The minimum guarantee of the exclusive internet broadcast rights will be paid by iQIYI to the Company for the Movies is RMB133.5 million and also the profit sharing of the box office of the Movies. Information relating to the iQIYI According to information provided by iQIYI, iQIYI is the largest video platform in the PRC. In addition to its online movie library which boasts the largest storage of movies in the PRC, according to iResearch mUserTracker’s latest data, as at July 2015, the monthly user coverage of iQIYI has reached 219 million, ranking at fourth in China’s mobile internet market in terms of amount of users per month, behind only to WeChat, QQ and Taobao. In terms of length of usage, the monthly total effective usage time of iQIYI has reached 1,816 million hours, behind only to WeChat and QQ. In the area of video viewing, iQIYI is first in almost every statistical category including average users per day, monthly users, average length of usage per day and monthly length of usage. This strategic cooperation with iQIYI not only fully demonstrated that iQIYI has confidence in the Group’s movies production, b...
VOLUNTARY ANNOUNCEMENT. STRATEGIC COOPERATION AGREEMENT This is a voluntary announcement made by China Carbon Neutral Development Group Limited 中國碳中和發展集團有限公司 (the “Company”, together with its subsidiaries, the “Group”). The board of the directors of the Company is pleased to announce that on 11 May 2021, the Company has entered into a strategic cooperation agreement in relation to the development of carbon neutral (the “Strategic Cooperation Agreement”) with Beijing Jinmao Green Building Technology Co., Ltd. (“Beijing Jinmao”).
VOLUNTARY ANNOUNCEMENT. STRATEGIC COOPERATION AGREEMENT This announcement is made by China All Access (Holdings) Limited (the “Company” and, together with its subsidiaries, the “Group”) on a voluntary basis. The board (the “Board”) of directors (the “Directors”) of the Company is pleased to announce that on 16 October 2019, the Company entered into a strategic cooperation agreement (the “Agreement”) with a company incorporated in Hong Kong (the “Cooperative Partner”). Pursuant to the Agreement, the Cooperative Partner agreed to provide funding of US$500 million to support development of projects in the aspects of new energy solutions, LCD display solutions, plastic injection molding solutions and investment projects which mainly focus in the application of 5G technology in the fields of medicine and education (the “Projects”), whereas the Company will be responsible for the development of the Projects for a period of ten years from the date of the Agreement. The Company will issue shares or bonds or provide any other agreed forms of collaterals as guarantee for the investment by the Cooperative Partner. The Board is of the view that the entering into the Agreement is beneficial to the Company as it represents recognition of the investment value of the Projects being developed by the Company. By securing sufficient financing resources, the Company will carry out execution of the Projects rapidly to generate profitable results and satisfactory cashflow which will underpin the future growth of the Company. The Board considers that the cooperation contemplated under the Agreement is in the ordinary and usual course of business of the Company and the terms of the Agreement are negotiated on an arm’s length basis and on normal commercial terms and are fair and reasonable and in the interests of the Company and its shareholders as a whole. To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, the Cooperative Partner and its ultimate beneficial owners are third parties independent of the Company and its connected persons (as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited). By order of the Board China All Access (Holdings) Limited Xxxx Xxxx Xxxxx Chief Executive Officer Hong Kong, 16 October 2019 As at the date of this announcement, the executive Directors are Xx. Xxxx Xxxx Xxxx and Xx. Xxxx Xxxx Xxxxx; the non-executive Director is Xx. Xxx Xxxxxx; and the independent non-executive Directo...
VOLUNTARY ANNOUNCEMENT. STRATEGIC COOPERATION FRAMEWORK AGREEMENT This is a voluntary announcement made by Jinchuan Group International Resources Co. Ltd (the “Company”, together with its subsidiaries, the “Group”). STRATEGIC COOPERATION FRAMEWORK AGREEMENT The board (the “Board”) of directors (the “Directors”) of the Company is pleased to announce that on 16 August 2018, Ruashi Mining SAS (“Ruashi SAS”) (an indirect non-wholly owned subsidiary of the Company) entered into a strategic cooperation framework agreement (the “Strategic Cooperation Framework Agreement”) with Chengtun Mining Group Co., Ltd* (盛屯礦業集團股份有限公司) (“Chengtun Mining”) pursuant to which and subject to the terms of any definitive agreement(s), Chengtun Mining intended to purchase and Ruashi SAS intended to sell the oxide ore emanating from the Dilala West ore body (the “Dilala West ore body”) in the Musonoi Project (the “Musonoi Project”), a greenfield copper and cobalt project owned by Ruashi SAS and situated in Kolwezi, the Democratic Republic of the Congo. To the best of the Board’s knowledge, information and belief, and having made all reasonable enquiries, Chengtun Mining and its ultimate beneficial owners are all third parties independent of the Company and its connected persons (as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”)).
