Examples of Capital Injection in a sentence
The Capital Injection meets the business needs of Hisense Financial Holdings and is conducive to the further improvement of the business scale of Hisense Financial Holdings, which is expected to further enhance its competitiveness and lead to the increase in the investment income of the Company.
The Directors (including the independent non-executive Directors) consider that although the Capital Injection is not in the ordinary and usual course of business of the Company, the Capital Injection is concluded after arm’s length negotiations and on normal commercial terms which are fair and reasonable and in the interests of the Company and the Shareholders as a whole.
Xx. Xxxx Xx Xxx, Xx. Xxx Xxxx Xxxx, Xx. Xxx Xxx, Xx. Xxx Xxx Xxxxx, Xx. Xxxx Xxx Bin and Mr. Xxx Xx Xxxxx, being Directors, have abstained from voting on the relevant board resolution for approving the Capital Injection Agreement and the connected transaction contemplated under it, given that they are also the directors or senior management of Hisense Group and/or some of its subsidiaries (including Hisense Financial Investment, Hisense Electronic Equipment and Hisense International).
Save as disclosed, none of the other Directors has material interests in the Capital Injection.
As soon as possible after the signing of the Capital Injection Agreement, all parties shall complete the filing procedures with the relevant industry and commerce authorities of the PRC in respect of the Capital Injection and the corresponding amendments to the articles of association of Hisense Financial Holdings.