Examples of Finance Company in a sentence
CNNC is directly and indirectly interested in approximately 31.66% of the shares of Tongfang, whereas the Finance Company is a non-wholly owned subsidiary of CNNC, which is directly and indirectly interested in 83.83% of the equity interest in the Finance Company.
As at the date of this announcement, the Finance Company is a non-wholly owned subsidiary of CNNC, which is directly and indirectly interested in 83.83% of the equity interest in the Finance Company.
For other services, the fees charged by the Finance Company shall not be higher than the fees charged by major commercial banks of the PRC and the Finance Company to any other members of the CNNC Group for the same type of services.
Among the Miscellaneous Financial Services, the following services would be provided by the Finance Company to the Qualified Group Members free of charge: financial advisory and financing consultation; receipt and making of transaction payments, internal transfer and settlement within the PRC.
Therefore, the Finance Company is a connected person of the Company.