Examples of China Baowu in a sentence
China Baowu is an indirect controlling shareholder of Changshou Iron & Steel, and therefore, China Baowu is an indirect substantial Shareholder of the Company, i.e., a connected person under Chapter 14A of the Listing Rules.
Given that Baosteel Resources is a company controlled by China Baowu, Baosteel Resources is also a connected person under Chapter 14A of the Listing Rules.
China Baowu is a state-owned capital investment company wholly owned by the State- owned Assets Supervision and Administration Commission of the State Council.
Given that Baowu Finance Company is a company controlled by China Baowu, Baowu Finance Company is also a connected person under Chapter 14A of the Listing Rules.
The price regarding the products and services to be sold or provided by China Baowu Group to the Group shall not be higher than the price of the same type of products and services purchased or received by the Group to independent third parties.
China Baowu and its associate(s) as defined under the Listing Rules will abstain from voting thereon.
On 20 November 2020, the Company entered into the Service and Supply Agreement with China Baowu, whereby the Group agreed to sell products to China Baowu Group, and China Baowu Group agreed to sell or provide products, services and lease of factory premises to the Group.
On 1 April 2021, the Company entered into the Service and Supply Agreement with China Baowu, whereby the Group agreed to provide products to China Baowu Group, and China Baowu Group agreed to provide products, materials and services to the Group.
China Baowu controls 65% of equity interests in Changshou Iron & Steel by the acting in concert agreement with Chongqing Strategic Emerging Equity Investment Fund Partnership (Limited Partnership) ( 重慶戰略性新興產業股權投資基金合夥企 業(有限合夥)).
The ultimate beneficial owner of Wuhan Iron & Steel is China Baowu.