Common Contracts
1 similar Concert Party Agreement contracts
INDEPENDENCE FROM OUR MAJOR SHAREHOLDERSConcert Party Agreement • April 29th, 2020
On 23 March 2016, all of the Concert Parties, namely Taiding, Mr. Xu Songqiang (徐松強), Mr. Liu Zhenxiong (劉振雄), Ms. Xu Yanrui (許延瑞) and Ms. Xu Hua (徐華) entered into a concert party agreement with respect to their interest in the Company, which was subsequently renewed by the Concert Parties by entering into another concert party agreement on 16 March 2017, 3 January 2018 and 18 July 2019, respectively. Pursuant to these abovementioned concert party agreements, Mr. Xu Songqiang, Mr. Liu Zhenxiong, Ms. Xu Yanrui and Ms. Xu Hua, who held approximately 3.07%, 3.07%, 0.39% and 0.19% of the equity interest of our Company, respectively, throughout the Track Record Period and up to the Latest Practicable Date, agreed to delegate their voting rights at general meetings of our Company to Taiding, which held approximately 26.42% equity interest of our Company throughout the Track Record Period and up to the Latest Practicable Date, for FY2016, FY2017, FY2018, FY2019 and FY2020, respectively. Accor
