Common Contracts
1 similar Connected Transaction Agreement contracts
ANNOUNCEMENTConnected Transaction Agreement • October 31st, 2019
On October 14, 2020, the Company and its subsidiaries entered into the Agreement with Zhejiang Information, a subsidiary of a controlling shareholder of the Company, pursuant to which the Company and its relevant subsidiaries agreed to purchase, and Zhejiang Information agreed to provide, various services including equipment procurement, installation, testing, support and defect repair during defect liability period as part of the centralised service procurement of the Company for 2020 with respect to certain improvement projects in connection with the mechanical and electrical systems of the Company’s expressways, which mainly include the installation of fire detection and alarm system of Maaoling Tunnel, the restoration of lighting system of Yuhang Expressway, upgrade of tunnel fire protection and power supply, maintenance and rectification of engine room, upgrade of the LED lighting system of Panlongling Tunnel and upgrade of uninterruptible power supply system.
