Chinlink Commercial Factoring definition

Chinlink Commercial Factoring. 陝西普匯中金商業保理有限公司 (Shaanxi Chinlink Commercial Factoring Limited#), a company established as a wholly foreign-owned company in the PRC and an indirect non-wholly-owned subsidiary of the Company “Chinlink Guarantee” 陝西普匯中金融資擔保有限公司 (Shaanxi Chinlink Financial Guarantee Limited#), a company established as a wholly foreign-owned company in the PRC and an indirect non-wholly-owned subsidiary of the Company
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Chinlink Commercial Factoring. 陝西普匯中金商業 保理有限公司 (Shaanxi Chinlink Commercial Factoring Limited#), a company established as a wholly foreign-owned company in the PRC and an indirect non-wholly-owned subsidiary of the Company “Chinlink Guarantee” 陝西普匯中金融資擔保有限公司 (Shaanxi Chinlink Financial Guarantee Limited#), a company established as a wholly foreign-owned company in the PRC and currently an indirect non-wholly-owned subsidiary of the Company “Commercial Factoring Agreement” the factoring agreement dated 15 June 2021 entered into between Chinlink Commercial Factoring and the Customer in relation to a commercial factoring arrangement with recourse for an amount of up to RMB20.0 million (equivalent to approximately HK$24.12 million) for the period commencing on 15 June 2021 and ending on 15 June 2022 at 6% interest rate per annum and with handling income of RMB200,000 million (equivalent to approximately HK$241,200) (For details, please refer to the announcement of the Company dated 15 June 2021)
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Chinlink Commercial Factoring. 陝西普匯中金商業 保理有限公司 (Shaanxi Chinlink Commercial Factoring Limited#), a company established as a wholly foreign-owned company in the PRC and an indirect non-wholly-owned subsidiary of the Company “Chinlink Guarantee” 陝西普匯中金融資擔保有限公司 (Shaanxi Chinlink Financial Guarantee Limited#), a company established as a wholly foreign-owned company in the PRC and currently an indirect non-wholly-owned subsidiary of the Company “Commercial Factoring Agreement” the factoring agreement dated 27 June 2022 entered into between Chinlink Commercial Factoring and the Customer in relation to a commercial factoring arrangement with recourse for an amount of up to RMB15.0 million (equivalent to approximately HK$17.6 million) for the period commencing on 27 June 2022 and ending on 27 June 2023 at 3% interest rate per annum and with handling income of RMB150,000 (equivalent to approximately HK$175,500) “Company” Chinlink International Holdings Limited, a company incorporated in Bermuda whose shares are listed on the main board of the Stock Exchange (Stock Code: 0997) “connected person(s)” has the meaning ascribed thereto in the Listing Rules “Corporate Guarantor” 西安智強科技有限公司 (Xi’an Zhi Qiang Technology Company Limited#), a company incorporated in the PRC. Its major ultimate beneficial owners are 王武斌 (Xxxx Xx Xxx# ) and 趙鈞 (Xxxx Xxx# ), who owned 53.5% and 46.5% equity interests of the Corporate Guarantor, respectively. The Corporate Guarantor and its ultimate beneficial owners are third parties independent of the Company and its connected persons “Customer” 西安聚誠豐建築工程有限公司(Xi’an Xx Xxxxx Xxxx Construction Works Company Limited#) “Director(s)” the director(s) of the Company from time to time
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Examples of Chinlink Commercial Factoring in a sentence

  • Chinlink Commercial Factoring is an indirect non-wholly-owned subsidiary of the Company principally engaged in the provision of commercial factoring services in the PRC.

  • The obligations of the Customer under the Commercial Factoring Agreement is secured by the personal guarantee granted by the Individual Guarantor and the corporate guarantee provided by Chinlink Guarantee in favour of Chinlink Commercial Factoring .

  • The obligations of the Customer under the Commercial Factoring Agreement is secured by the personal guarantee granted by the Individual Guarantor and the corporate guarantee provided by Chinlink Guarantee in favour of Chinlink Commercial Factoring.

  • The obligations of the Customer under the New Commercial Factoring Agreement is secured by the personal guarantee granted by the Individual Guarantor and the corporate guarantee provided by Chinlink Guarantee in favour of Chinlink Commercial Factoring.

  • On 15 June 2021, Chinlink Commercial Factoring (an indirect non-wholly-owned subsidiary of the Company) as factoring provider and the Customer as vendor entered into the Commercial Factoring Agreement, pursuant to which Chinlink Commercial Factoring agreed to provide commercial factoring services with recourse to the Customer in the PRC with principal amount of RMB20.0 million (equivalent to approximately HK$24.32 million) for a period of twelve months from 15 June 2021 to 15 June 2022.

  • On 6 March 2023, Chinlink Commercial Factoring (an indirect non-wholly-owned subsidiary of the Company) as factoring provider and the Customer as vendor entered into the Commercial Factoring Agreement, pursuant to which Chinlink Commercial Factoring agreed to provide commercial factoring services with recourse to the Customer in the PRC with principal amount of RMB9.0 million (equivalent to approximately HK$10.2 million) for a period of twelve months from 6 March 2023 to 6 March 2024.

  • The obligations of the Customer under the Commercial Factoring Agreement is secured by the personal guarantee granted by the Guarantor in favour of Chinlink Commercial Factoring .

  • Similarly, the corresponding compositions can be also calculated by using the related equation.

  • On 27 June 2022, Chinlink Commercial Factoring (an indirect non-wholly-owned subsidiary of the Company) as factoring provider and the Customer as vendor entered into the Commercial Factoring Agreement, pursuant to which Chinlink Commercial Factoring agreed to provide commercial factoring services with recourse to the Customer in the PRC with principal amount of RMB15.0 million (equivalent to approximately HK$17.6 million) for a period of twelve months from 27 June 2022 to 27 June 2023.

  • On 28 June 2022, Chinlink Commercial Factoring (an indirect non-wholly-owned subsidiary of the Company) as factoring provider and the Customer as vendor entered into the Commercial Factoring Agreement, pursuant to which Chinlink Commercial Factoring agreed to provide commercial factoring services with recourse to the Customer in the PRC with principal amount of RMB15.0 million (equivalent to approximately HK$17.6 million) for a period of twelve months from 28 June 2022 to 28 June 2023.


More Definitions of Chinlink Commercial Factoring

Chinlink Commercial Factoring. 陝西普匯中金商業 保理有限公司 (Shaanxi Chinlink Commercial Factoring Limited#), a company established as a wholly foreign-owned company in the PRC and an indirect non-wholly-owned subsidiary of the Company “Chinlink Guarantee” 陝西普匯中金融資擔保有限公司 (Shaanxi Chinlink Financial Guarantee Limited#), a company established as a wholly foreign-owned company in the PRC and an indirect non-wholly-owned subsidiary of the Company “Commercial Factoring Agreement” the factoring agreement dated 22 September 2022 entered into between Chinlink Commercial Factoring and the Customer in relation to a commercial factoring arrangement with recourse for an amount of up to RMB4.0 million (equivalent to approximately HK$4.44 million) for the period commencing on 22 September 2022 and ending on 22 September 2023 at 3% interest rate per annum and with handling income of RMB40,000 (equivalent to approximately HK$44,400)
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Chinlink Commercial Factoring. 陝西普匯中金商業保理有限公司 (Shaanxi Chinlink Commercial Factoring Limited#), a company established as a wholly foreign-owned company in the PRC and an indirect non-wholly-owned subsidiary of the Company “Chinlink Guarantee” 陝西普匯中金融資擔保有限公司 (Shaanxi Chinlink Financial Guarantee Limited#), a company established as a wholly foreign-owned company in the PRC and currently an indirect non-wholly-owned subsidiary of the Company “Commercial Factoring Agreement” the factoring agreement dated 20 August 2019 entered into between Chinlink Commercial Factoring and the Customer in relation to a commercial factoring arrangement with recourse for an amount of up to RMB18.0 million (equivalent to approximately of HK$20.0 million) for the period commencing on 20 August 2019 and ending on 27 November 2019 at 8% interest rate per annum “Company” Chinlink International Holdings Limited, a company incorporated in Bermuda whose shares are listed on the main board of the Stock Exchange (Stock Code: 0997) “connected person(s)” has the meaning ascribed thereto in the Listing Rules
Sample 1
Chinlink Commercial Factoring. 陝西普匯中金商業保理有限公司 (Shaanxi Chinlink Commercial Factoring Limited# ), a company established as a wholly foreign-owned company in the PRC and an indirect non-wholly-owned subsidiary of the Company “Chinlink Guarantee” 陝西普匯中金融資擔保有限公司 (Shaanxi Chinlink Financial Guarantee Limited#), a company established as a wholly foreign-owned company in the PRC and an indirect non-wholly-owned subsidiary of the Company “Commercial Factoring Agreement” the factoring agreement (as supplemented on 21 November 2019 as the services period be extended to 26 November 2020 and the principal being reduced to RMB15.3 million (equivalent to approximately HK$18.50 million) at 8% interest rate per annum and handling charge of RMB153,000 (equivalent to approximately HK$184,977). For details, please refer to the announcement of the Company dated 21 November 2019) dated 20 August 2019 entered into between Chinlink Commercial Factoring and the Customer in relation to a commercial factoring arrangement with recourse for an amount of RMB17.0 million (equivalent to approximately HK$20.55 million) for the period from 20 August 2019 to 26 November 2019 at 8% interest rate per annum and handling charge of RMB42,500 (equivalent to approximately HK$51,383) “Factoring Financing Amendment and Extension Agreement” the amendment and extension agreement dated 27 November 2020 and entered into between Chinlink Commercial Factoring and the Customer in relation to further extension of services period under the Commercial Factoring Agreement for a period of twelve months to 27 November 2021 at 8% interest rate per annum and handling charge of RMB153,000 (equivalent to approximately HK$184,977). The obligation of the Customer under the Factoring Financing Amendment and Extension Agreement was secured by (i) the personal guarantees granted by the Individual Guarantor I; and (ii) the corporate guarantee granted by the Corporate Guarantor I, in favour of Chinlink Guarantee (For details, please refer to the announcement of the Company dated 27 November 2020)
Sample 1
Chinlink Commercial Factoring. 陝西普匯中金商業保理有限公司 (Shaanxi Chinlink Commercial Factoring Limited#), a company established as a wholly foreign-owned company in the PRC and an indirect non-wholly-owned subsidiary of the Company “Chinlink Guarantee” 陝西普匯中金融資擔保有限公司 (Shaanxi Chinlink Financial Guarantee Limited#), a company established as a wholly foreign-owned company in the PRC and currently an indirect non-wholly-owned subsidiary of the Company “Commercial Factoring Agreement” the factoring agreement dated 20 August 2019 entered into between Chinlink Commercial Factoring (as lender) and the Customer (as borrower) in relation to a commercial factoring arrangement with recourse for an amount of up to RMB18.0 million (equivalent to approximately of HK$20.43 million) for the period commencing on 20 August 2019 and ending on 27 November 2019 at 8% interest rate per annum and handling charge of RMB45,000 (equivalent to approximately HK$51,075)
Sample 1
Chinlink Commercial Factoring. 陝西普匯中金商業 保理有限公司 (Shaanxi Chinlink Commercial Factoring Limited#), a company established as a wholly foreign-owned company in the PRC and an indirect non-wholly-owned subsidiary of the Company “Chinlink Guarantee” 陝西普匯中金融資擔保有限公司 (Shaanxi Chinlink Financial Guarantee Limited#), a company established as a wholly foreign-owned company in the PRC and currently an indirect non-wholly-owned subsidiary of the Company “Commercial Factoring Agreement” the factoring agreement dated 6 March 2023 entered into between Chinlink Commercial Factoring and the Customer in relation to a commercial factoring arrangement with recourse for an amount of up to RMB9.0 million (equivalent to approximately HK$10.2 million) for the period commencing on 6 March 2023 and ending on 6 March 2024 at 3% interest rate per annum and with handling income of RMB90,000 (equivalent to approximately HK$101,700) “Company” Chinlink International Holdings Limited, a company incorporated in Bermuda whose shares are listed on the main board of the Stock Exchange (Stock Code: 0997) “connected person(s)” has the meaning ascribed thereto in the Listing Rules “Customer” 愛苗優選（西安）網絡科技有限公司(Ai Miao You Xuan (Xi’an) Network Technology Company Limited#) “Director(s)” the director(s) of the Company from time to time
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