Examples of CEC Group in a sentence
It is a holding vehicle within the CEC Group and does not have any operating activities.
The Offeror is an operating subsidiary within the CEC Group and it is principally engaged in the overseas financing and investment activities of the CEC Group.
The price for sale of materials, components and parts sold by the Group to the CEC Group shall be determined after arm’s length negotiation between the parties based on the relevant pricing policy (as disclosed below) and on normal commercial terms with reference to the prevailing market prices, namely, the selling price charged by the Group shall be no less than those charged to an independent third party for the same or similar products.
The net proceeds of the Placing will be used to continue to advance EMH’s corporate strategy including to progress the development of the Cinovec Project and the progress discussions with CEC Group and potential off take partners.
CEC Finance was established for the purpose of enhancing the centralised management of funds within the CEC Group and for improving the fund utilisation efficiency of the CEC Group as a whole.
It is established for the purpose of enhancing the centralised management of funds among the members of the CEC Group and for improving efficiency of fund utilisation by the CEC Group as a whole.
We noted that (i) the major terms (including the pricing, payment terms, delivery terms, quality check, etc.) offered by the Group to those independent third parties for products of the Group are similar to those offered by the Group to the CEC Group; and (ii) the pricing of the CCT 3 is in accordance with the applicable Pricing Policies.
In accordance with Hong Kong Accounting Standard 24 “Related Party Disclosures” (“HKAS 24”), state-owned enterprises and their subsidiaries, other than CEC Group, are also defined as related parties of the Company (“Other State-owned Enterprises”).
Agreement: Purchase Agreement Date: 26 October 2012 Term: From 1 January 2013 to 31 December 2015 Parties: (i) The Company (ii) CECNature of transaction: Provision of materials, components and parts necessary for production of electronic manufacturing, satellite communication, information and electronic equipment products by the CEC Group to the Group.
Information on the CEC Group The CEC Group is engaged in the operations including R&D, manufacture, trade, logistics and services of electronic information technologies and products, and provision of self-innovated electronic information technologies, products and services, making great contributions to the construction of national economic informationisation and guaranteeing the security of national information.