China Poly Group definition

China Poly Group. China Poly Group Corporation Limited (中國保利集團 有限公司), a wholly state-owned company established in the PRC on 9 February 1993 and wholly-owned by the State-owned Assets Supervision and Administration Commission of the State Council, and a controlling shareholder of the Company “Company” Poly Property Services Co., Ltd., a joint stock company incorporated in the PRC with limited liability, the H Shares of which are listed on the Main Board of the Stock Exchange “Director(s)” the director(s) of the Company “Domestic Share(s)” ordinary share(s) in the share capital of the Company, with a nominal value of RMB1.00 each, which are subscribed for and paid up in RMB “EGM” the extraordinary general meeting of the Company to be convened on 29 December 2022
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China Poly Group. China Poly Group Corporation Limited (中國保 利集團有限公司), a wholly state-owned company established in the PRC on 9 February 1993 and wholly- owned by the State-owned Assets Supervision and Administration Commission of the State Council, and a controlling shareholder of the Company “Company” Poly Property Services Co., Ltd., a joint stock company incorporated in the PRC with limited liability, the H Shares of which are listed on the Main Board of the Stock Exchange “Director(s)” the director(s) of the Company “Domestic Share(s)” ordinary share(s) in the share capital of the Company, with a nominal value of RMB1.00 each, which are subscribed for and paid up in RMB “Equity Transfer” the Equity Transfer Agreement and the transactions contemplated thereunder “Equity Transfer Agreement” the Equity Transfer Agreement dated 31 May 2023 entered into between the Company, Poly Innovation Investment and Poly Southern “Group” the Company and its subsidiaries “H Share(s)” overseas listed foreign shares in the ordinary share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong dollars and listed on the Main Board of the Stock Exchange
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China Poly Group. 中國保利集團有限公司 (China Poly Group Corporation Limited), a wholly state-owned company established in the PRC, and is wholly owned by State-owned Assets Supervision and Administration Commission of the State Council (國務院國有資產監督管理委員會), the ultimate controlling shareholder of the Company “Company” 保利物業發展股份有限公司 (Poly Property Development Co., Ltd.), a joint stock company incorporated in the PRC with limited liability, the H Shares of which are listed on the Main Board of the Stock Exchange with a stock code 06049 “Deposit Services” deposit services provided by Poly Finance to the Group “Deposit Service Framework Agreement” the deposit service framework agreement entered into between the Company and Poly Finance dated 7 April 2020 “Director(s)” the director(s) of the Company “Domestic Share(s)” ordinary shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for in RMB “Effective Date” the date on which the Deposit Service Framework Agreement takes effect, which is expected to be the date on which the Deposit Service Framework Agreement, the transactions contemplated thereunder, and the Annual Cap are approved by the independent Shareholders “Existing Deposit Service Framework Agreement” the deposit service framework agreement entered into between the Company and Poly Finance dated 29 November 2019 “Global Offering” the global offering of H Shares by the Company of 133,333,400 H Shares (totalling at 153,333,400 H Shares with the over-allotment option exercised in full), further details of which are set out in the Prospectus
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Examples of China Poly Group in a sentence

  • China Poly Group and its associates (including Poly Developments and Holdings and ▇▇▇▇▇▇ ▇▇▇▇▇), which are interested in an aggregate of 72.289% of the total issued share capital of the Company as at the date of this announcement, will abstain from voting on the proposal at the EGM.

  • As the Group will continue to lease properties to China Poly Group for such purposes, the Company and China Poly entered into the Theatre and Cinema Lease Framework Agreement to better regulate the leasing of theatre and cinema premises.

  • As the Group will continue to lease properties to China Poly Group as office premises, the Company and China Poly entered into the Office Lease Framework Agreement to better regulate the leasing of office premises.

  • China Poly Group and its associates (including Poly Developments and Holdings and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇), which were interested in an aggregate of 72.29% of the total issued share capital of the Company as at the date of this announcement, will abstain from voting on the proposal at the 2019 AGM.

  • Poly Finance is owned as to an aggregate of 94.18% by China Poly Group and its associates, and is therefore a connected person of the Company.

  • Pursuant to various existing office lease agreements, the Group is currently leasing certain properties to China Poly Group as office premises.

  • Pricing policies The rent payable by China Poly Group to the Group pursuant to the Theatre and Cinema Lease Framework Agreement shall be determined between the parties at arm’s length commercial negotiations according to the principles of fairness and reasonableness with reference to the size, nature and location of the theatre and cinema premises and the rent of the properties at similar locations leased by the Group to Independent Third Parties during the same period.

  • Poly Finance is a sino-foreign joint venture non-bank financial institution established in the PRC on 11 March 2008 and is owned as to 94.18% by China Poly Group and its associates and 5.82% by an independent third party.

  • Pursuant to the existing theatre and cinema lease framework agreement and the underlying theatre and cinema lease agreements, the Group is currently leasing certain properties to China Poly Group as premises for China Poly Group’s theatre and cinema operations.

  • Under certain existing agreement for sharing theatre and cinema box office income sharing arrangements, China Poly Group agreed to split the net theatre and cinema box office income (i.e., box office income net of special fund for national film development and tax) generated from movie screening based on the pre-agreed sharing percentage with the Group, in return for the use of certain theatre and cinema premises owned by the Group located in Shenzhen.


More Definitions of China Poly Group

China Poly Group. China Poly Group Corporation Limited (中國保利集團有限 公司), a wholly state-owned company established in the PRC on 9 February 1993 and wholly-owned by the State-owned Assets Supervision and Administration Commission of the State Council, and a controlling shareholder of the Company “CAGR” compound annual growth rate “Company” Poly Property Services Co., Ltd., a joint stock company incorporated in the PRC with limited liability, the H Shares of which are listed on the Main Board of the Stock Exchange
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Related to China Poly Group

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • Brookfield Group means Brookfield and any Affiliates of Brookfield, other than any member of the BREP Group;

  • Purchaser’s Group means the Purchaser and its Affiliates from time to time;

  • Seller’s Group means the Seller and any company which is, on or after the date of this Agreement, a subsidiary or holding company of the Seller or a subsidiary of a holding company of the Seller, and excludes, for the avoidance of doubt, any Group Company, and "Seller's Group Company" shall be construed accordingly.