Shougang Fund definition

Shougang Fund. 北京首鋼基金有限公司 (Beijing Shougang Fund Co., Ltd.*), a limited liability company established in the PRC and a substantial shareholder of the Company;
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Shougang Fund. 北京首鋼基金有限公司(Beijing Shougang Fund Co., Ltd.*), a limited liability company established in the PRC and a wholly-owned subsidiary of Shougang Group; “Shougang Group” 首 鋼 集 團 有 限 公 司 (Shougang Group Co., Ltd.*), a state-owned enterprise established in the PRC; “Shoushi Company” 北 京 首 獅 管 理 咨 詢 有 限 公 司 (Beijing Shoushi Management Advisory Co., Ltd.*), a limited liability company established in the PRC which is held by Jingji Capital and Beijing Shize as to 60% and 40%, respectively, and a non wholly-owned subsidiary of the Company as at the date of this announcement; and
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Examples of Shougang Fund in a sentence

  • Upon completion of the Capital Increase, the Company (through Shouzhong Investment and Shouxing Zhixing), Shougang Fund and Gonglian Anda will hold approximately 66.045%, 33.136% and 0.818% of the equity interest in Shouzhong Parking, respectively and accordingly, Shouzhong Parking will be accounted for as a subsidiary of the Company.

  • Shouzhong Parking, principally engaged in management of motor vehicle parking, is a joint venture company established in November 2016 under the laws of the PRC with limited liability with an initial registered capital of RMB144,000,000, of which Shouzhong Investment, Shougang Fund and Xxxxxxxx Xxxx had contributed RMB69,300,000, RMB72,900,000 and RMB1,800,000, respectively.

  • In August 2016, Shougang Fund, Shouzhong Investment and Gonglian Anda formed a project consortium, which won the bid on Beijing Daxing International Airport Parking Building Project with 25-year operation right, and subsequently in November 2016, the project consortium built a professional management team and established Shouzhong Parking which entered the field of operation and management of airport parking buildings with Beijing Daxing International Airport Parking Building Project as a starting point.

  • In connection with the Capital Increase Agreement, on 30 December 2018, Shouxing Zhixing, Shouzhong Investment, Shouzhong Parking, Shougang Fund and Xxxxxxxx Xxxx also entered into the Joint Venture Agreement in relation to, among other things, the operation and management of Shouzhong Parking.

  • On 30 December 2018, Shouxing Zhixing (an indirect wholly-owned subsidiary of the Company), Shouzhong Investment (an indirect wholly-owned subsidiary of the Company), Shouzhong Parking, Shougang Fund and Xxxxxxxx Xxxx entered into the Capital Increase Agreement, pursuant to which, (i) Shouxing Zhixing agreed to contribute RMB76,000,000 to the registered capital of Shouzhong Parking, and (ii) the registered capital of Shouzhong Parking will thereby be increased from RMB144,000,000 to RMB220,000,000.

  • After the Capital Increase, the equity interest of Shouxing Zhixing, Shouzhong Investment, Shougang Fund and Xxxxxxxx Xxxx in Shouzhong Parking will become 34.545%, 31.5%, 33.136% and 0.818%, respectively.

  • Shougang Fund is a company established in the PRC with limited liability and is principally engaged in the investment, management and advisory of non-securities businesses.

  • The board of directors of Shouzhong Parking will comprise three directors, each of whom shall be nominated by Xxxxxxxx Xxxxxxx, Shougang Fund and Shouzhong Investment, respectively.

  • None of Shouzhong Investment, Shougang Fund and Xxxxxxxx Xxxx will make additional capital contribution under the Capital Increase Agreement.

  • As at the date of this announcement, the Company (through Shouzhong Investment), Shougang Fund and Gonglian Anda hold approximately 48.125%, 50.625% and 1.25% of the equity interest in Shouzhong Parking, respectively.

Related to Shougang Fund

  • Operating Fund means a fund in which the revenues and expenditures are subject to appropriation control.

  • Sinking Fund means each Sinking Fund Subaccount under the Indenture. To the extent necessary for compliance with the Authority’s tax covenants and other provisions of the Indenture and the Act, the Authorized Officers of the Authority may subdivide each such subaccount in respect of separate categories or issues of Sinking Fund Bonds.

  • Estuary means a semi-enclosed, naturally existing coastal body of water which has a free connection with the open sea and within which seawater is measurably diluted with fresh water derived from riverine systems. [Section 373.403(15), F.S.]