Hi Sun definition

Hi Sun. Hi Sun Technology (China) Limited, a company incorporated in Bermuda with limited liability whose shares are listed on the Stock Exchange;
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Hi Sun. Hi Sun Technology (China) Limited, a company incorporated in Bermuda with limited liability whose shares are listed on the Stock Exchange (Stock Code: 818); “Hi Sun Group” (under the Existing Framework Agreement and for the purpose of this announcement only) Hi Sun, its subsidiaries and designated associates;
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Examples of Hi Sun in a sentence

  • The principal activity of Hi Sun Technology (China) Limited (the “Company”) is investment holdings.

  • The principal activity of Hi Sun Technology (China) Limited (the “Company”) is investment holding.

  • Upon the completion of the Shenzhen Hi Sun Subscription, Shenzhen Hi Sun remains as a subsidiary of the Group.

  • Pursuant to which, the management team members had agreed to acquire approximately 30% effective shareholding in Shenzhen Hi Sun through subscription of the issued shares of Shenzhen Hi Sun at a subscription price of RMB6,000,000 (equivalent to HK$6,543,000).

  • Kui Man Chun (“Mr. Kui”), a Director, holds 99.16% interest in Hi Sun Limited, which owns the entire issued share capital of Rich Global Limited.

  • The ultimate parent of the Group is Hi Sun Limited (incorporated in British Virgin Islands).

  • On 13 April 2012, the Company entered into a licence agreement (the “Licence Agreement”) with Hangzhou Pax Data Limited (“PAX Data”), an indirectly wholly owned subsidiary of Hi Sun Technology (China) Limited (“Hi Sun”), being a substantial shareholder of the Company holding approximately 42.8% interest in the Company’s issued share capital.

  • On 4 December 2019, Wonder Pax, an indirectly wholly-owned subsidiary of the Company, and other parties entered into an investment agreement, in which Wonder Pax has conditionally agreed to subscribe for approximately 3.64% of the enlarged registered capital of Mega Hunt Microelectronics (Beijing) Limited (“Megahunt”), a subsidiary of Hi Sun, at a consideration of RMB20,000,000 (equivalent to approximately of HK$22,309,000).

  • Hi Sun Technology issued a profit warning announcement on 30 November 2020 that it is expected to record a significant decrease in operating profit for the year 2020 as compared to 2019, and its operating profit in the first ten months of 2020 decreased by approximately 45% as compared with the same period last year, primarily due to the effects of COVID-19 outbreak and epidemic prevention and control measures.

  • Upon the completion of the Hi Sun FinTech Agreement, Hi Sun FinTech remains as a subsidiary of the Group.

Related to Hi Sun

  • SONIAi-pLBD means, in respect of any London Banking Day falling in the relevant Observation Period, the SONIA reference rate for the London Banking Day falling "p" London Banking Days prior to the relevant London Banking Day "i".

  • BG means Bank Guarantee

  • TMDL means the total maximum daily load limitation of a parameter, representing the estimated assimilative capacity for a water body before other designated uses are adversely affected. Mathematically, it is the sum of wasteload allocations for point sources, load allocations for non-point and natural background sources, and a margin of safety.

  • NTC shall have the meaning set forth in the preamble to this Agreement.

  • CCC means Customer Care Centre

  • PI shall have the meaning given to such term in CCC § 1798.3(a).

  • IPC means the interim payment certificate issued by the Authority’s Engineer for payment to the Contractor in respect of Contractor’s claims for payment raised in accordance with the provisions of this Agreement;

  • PPB is the lump sum present value of the pension benefits (whether or not vested) that would be payable under the Pension Plans in the form of a straight life annuity beginning at the earliest date permitted under the Pension Plans, computed on the basis that the Executive’s actual age at termination of employment is his attained age as of his last birthday that would occur during the Remaining Unexpired Employment Period, that his service for benefit accrual purposes under the Pension Plans is equal to the aggregate of his actual service plus the Remaining Unexpired Employment Period, that his average compensation figure used in determining his accrued benefit is equal to the highest annual rate of salary achieved by the Executive during the period of three (3) years ending immediately prior to the date of termination, that the Executive’s life expectancy at the earliest date on which payments under the Pension Plans could begin is the Assumed Life Expectancy and that the interest rate assumption used is equal to the 30-Year Treasury Rate. The Pension Severance Payment shall be made within five (5) business days after the Executive’s termination of employment and shall be in lieu of any claim to any actual increase in his accrued benefit in the Pension Plans in respect of the Remaining Unexpired Employment Period;

  • EPFO means Employees' Provident Fund Organization

  • ESMA means the European Securities and Markets Authority.

  • SMP : means Significant Market Power;

  • Raptor means all birds of the orders Falconiformes and Strigiformes, commonly called falcons,

  • AAEC means "Appreciable Adverse Effect on Competition" as per Competition Act

  • SLDC means the State Load Dispatch Center as notified by the State Government.

  • SBI means State Bank of India (Client) having its Corporate Centre at Madame Cama Road, Nariman Point, Mumbai- 400 021 and its representative Local Head Offices/Administrative Offices/Regional Business Offices/Branches at various places across India and includes the client’s representatives, successors and assigns.

  • IRDAI means the Insurance Regulatory and Development Authority of India.

  • SCI has the meaning set forth with respect thereto in the preamble. ---

  • FP means Farm Programs.

  • NPS means nominal pipe size.

  • CJI means criminal justice information collected by criminal justice agencies needed for the performance of their authorized functions, including, without limitation, all information defined as criminal justice information by the U.S. Department of Justice, Federal Bureau of Investigation, Criminal Justice Information Services Security Policy, as amended and all Criminal Justice Records as defined under §24-72-302, C.R.S.

  • CMBI means Chase Manhattan Bank International, an indirect wholly-owned subsidiary of Bank, located in Moscow, Russia, and any nominee companies appointed by it.

  • CDSA means the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (Cap. 65A);

  • RMS means the ARC’s online Research Management System.

  • SPI means the information categories listed at Tex. Bus. & Com. Code § 521.002(a)(2).

  • MP means Monongahela Power Company, an Ohio corporation.

  • SMC means a valid safety management certificate issued for a Vessel by or on behalf of the Administration under paragraph 13.7 of the ISM Code.