Common Contracts
1 similar Management Entrustment Agreement contracts
CONTINUING CONNECTED TRANSACTIONS — MANAGEMENT ENTRUSTMENT AGREEMENTManagement Entrustment Agreement • January 29th, 2016
Reference is made to the ‘‘Continuing Connected Transactions — Management Entrustment Agreement’’ announcement issued by Harbin Electric Company Limited (the ‘‘Company’’) on 25 March 2013. The 3 years term of the management entrustment agreement entered into between the Company and Harbin Electric Corporation (‘‘Harbin Electric’’) on 23 March 2013 will expire soon. The Board of Directors (the ‘‘Board’’) of the Company hereby announces that, on 29 January 2016, the Board has considered and approved the new management entrustment agreement entered into between the Company and Harbin Electric, pursuant to which, the Company will provide management services to Harbin Electric, including but not limited to administration management, human resources and labour wage management (including external affairs management), quality control on technology, asset and financial management, integrated planning management, statistics and economic operation management, auditing and internal control managem
