Common use of VOLUNTARY ANNOUNCEMENT Clause in Contracts

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 Qingdao Port International. By order of the Board SITC International Holdings Company Limited Yang Shaopeng Chairman Hong Kong, 26 May 2015

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Samples: Strategic Cooperation Agreement

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VOLUNTARY ANNOUNCEMENT. STRATEGIC COOPERATION FRAMEWORK AGREEMENT This is a voluntary announcement made by SITC International Holdings Company Limited (the “Company”, and together with its subsidiaries, the “Group”). The Company Board is pleased to announced announce that on 26 May 201518 December 2015 (after trading hours), Nanjing Xihui, a deemed indirect wholly-owned subsidiary of the Company Company, and Nanjing Tuniu, a subsidiary of Tuniu Technology, entered into the Strategic Cooperation Framework Agreement, pursuant to which the parties agreed to form a strategic cooperation agreement in relation to their cooperation regarding (the “Strategic Cooperation Agreement”i) 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 unloadingrespective members; (ii) by leveraging on their own respective strengths, both parties shall jointly participate in terminal, logistics mutual membership recognition (iii) mutual membership points recognition and infrastructure investments and operations in Southeast Asia and mainland Chinaredemption; and (iiiiv) the Company commits to cooperate with each other to actively explore for suitable business cooperation projects in both overseas joint-marketing and domestic logistics markets, including ports and inland container depot and warehouse, shipping agency and extension services, port related ancillary servicespromotion. The Strategic Cooperation Framework Agreement sets out the framework of the strategic cooperation between the Company and Qingdao Port International Nanjing Tuniu and may or may not lead to the entering into Definitive Agreements and the transactions contemplated thereunder may or may not be consummated. The Company will make further announcement(s) as and when appropriate and comply with all other applicable requirements under the GEM Listing Rules. Shareholders and potential investors should note that the Strategic Cooperation Framework Agreement was is not legally binding and are subject to, among other things, the entering into further definitive agreements, and accordingly, the transactions contemplated thereunder may or may not proceed. Shareholders and potential investors should exercise caution when dealing in the shares of the Company. The Board is pleased to announce that on 18 December 2015 (after trading hours), Nanjing Xihui, a deemed indirect wholly-owned subsidiary of the Company, and Nanjing Tuniu, a subsidiary of Tuniu Technology, 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 Framework Agreement, pursuant to which the parties agreed to leverage on form a strategic cooperation in relation to their respective strength, resources and expertise and provide cooperation regarding (i) provision of value-added services to customers, which will be beneficial to respective members; (ii) mutual membership recognition; (iii) mutual membership points recognition and redemption; and (iv) joint-marketing and promotion (the business development of both the Group and Qingdao Port International“Strategic Cooperation”). By order of the Board SITC International Holdings Company Limited Yang Shaopeng Chairman Hong Kong, 26 May 2015THE STRATEGIC COOPERATION FRAMEWORK AGREEMENT Date: 18 December 2015 Parties: (1) Nanjing Xihui

Appears in 1 contract

Samples: Strategic Cooperation Framework Agreement

VOLUNTARY ANNOUNCEMENT. STRATEGIC COOPERATION FRAMEWORK AGREEMENT This is a voluntary announcement made by SITC International The board (the “Board”) of directors (the “Directors”) of Jete Power Holdings Company Limited (the “Company”, and together with its subsidiaries, the “Group”). The Company ) is pleased to announced announce that on 26 May 2015New Way Capital Resources Limited (“New Way”), a wholly owned subsidiary of the Company entered into a strategic cooperation agreement (the “Strategic Cooperation Agreement”) with Qingdao Port International and Xxx Xxx Assets Investment Management Co., Ltd. Limited (“Qingdao Port InternationalXxx Xxx Assets”), 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 an independent third party principally engaged in investment and consultation business, have signed a cooperation framework agreement (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 services29 March 2017. The cooperation will xxxxxx a partnership on distributed power generation, combining the strengths of both parties and premised on the principle of mutual benefits, while leveraging their strategic resources. The Agreement is for a term of three years. Under the Agreement, Xxx Xxx Xxxxxx would assist New Way to locate appropriate and quality project in relation to distributed power generation. Each parties agrees to enter into any further or particular agreements for any definitive projects as and when appropriate. The Board hereby emphasizes that the Agreement is only an agreement of intention with the purpose of setting out the cooperative plans between the Company parties to facilitate further and Qingdao Port International under more detailed negotiations. The detailed terms and conditions for the Strategic Cooperation Agreement was actual cooperation will be subject to further negotiation and to be agreed and confirmed in the definitive agreement(s) to be entered into by the parties with an aim to parties. This announcement is made on a voluntary basis. The Group and Xxx Xxx Assets may enter into further strengthen definitive cooperation agreements before the strategic commencement of actual cooperation between the parties under particular projects. Shareholders and potential investors should exercise caution when dealing 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 shares of the Company and Qingdao Port International, respectivelyCompany. 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 Further announcement will be beneficial to made by the business development of both the Group Company in accordance with GEM Listing Rules as and Qingdao Port Internationalwhen appropriate. By order Order of the Board SITC International Jete Power Holdings Company Limited Yang Shaopeng Xxxxxx Xxxxx Co-Chairman and executive Director Hong Kong, 26 May 201529 March 2017 * For identification purpose only As at the date of this announcement, the executive Directors are Xx. Xxxx Xxxx Xxxx Xxxxx and Xx. Xxxxxx Xxxxx, and the independent non-executive Directors are Ms. Xxxxx Xxxx Xxx, Xx. Xxxx Xxx Xxxx and Xx. Xxxx Xx Xxxxx. This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

Appears in 1 contract

Samples: Cooperation Framework Agreement

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VOLUNTARY ANNOUNCEMENT. STRATEGIC COOPERATION AGREEMENT This is a voluntary announcement made by SITC International The board (the “Board”) of directors (“Directors”) of Tianyi (Summi) Holdings Company Limited (“Tianyi (Summi)” or the “Company”, and together with its subsidiaries, the “Group”). The Company ) is pleased to announced announce that on 26 May 2015, the Company and Sun Generation Limited (“Sun Generation”) entered into a strategic cooperation agreement (the Strategic Cooperation Agreement”) with Qingdao Port International Co.on 23 February 2017. Through the Cooperation Agreement, Ltd. Tianyi (“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 Summi) and operates four port areas Sun Generation will combine and leverage their respective competitive edges in Qingdao, mainly engaged Summi fresh orange juice and Eat East ready-meals and carry out long-term cooperation in the handling area 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 servicesfood retailing. 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 will jointly set up 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 customersjoint venture enterprise, which will be beneficial held as to 60 per cent by Xxxxxx (Summi) and 40 per cent by Sun Generation. Through the business development aforesaid joint venture enterprise, the two parties aim to set up no less than 40 “Summi Shop” in Hong Kong in the future. The Company expects that Summi fresh orange juice brand’s exposure in the local retail market of both Hong Kong could substantially increase through the Group Cooperation Agreement; in the long run, the Company expects Summi to be Hong Kong’s No. 1 not-from-concentrate juice brand. Tianyi (Summi) is principally engaged in the production and Qingdao Port Internationalsale of frozen concentrate orange juice and related products (such as orange pulp and orange fibre) and fresh oranges. Tianyi (Summi) has launched Summi fresh orange juice for sale since March 2015. Sun Generation has extensive experience in supplying food materials to large-scale restaurant groups and providing catering services for various organizations. Sun Generation has large food processing centres in Dongguang, China and Hong Kong, as well as a well-established logistic and delivery system. The “Eat East” brand stores operated by Sun Generation are located across Hong Kong, selling dozens of varieties of ready-meal, healthy food and dessert products. The Company expects the strategic cooperation can further consolidate the leading positions of the two companies in their respective retail sectors in Hong Kong, increase the popularity of the two brands and consumers’ brand acceptance, as well as enable the two companies to complement each other. Both companies will leverage the “Summi Shop” model to drive rapid sales growth of Summi fresh orange juice in Hong Kong. By order of the Board SITC International Tianyi (Summi) Holdings Company Limited Yang Shaopeng Chairman Sin Ke Hong Kong, 26 May 201523 February 2017

Appears in 1 contract

Samples: Strategic Cooperation Agreement

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