MAJOR AND CONTINUING CONNECTED TRANSACTIONS RENEWAL OF THE EXISTING FINANCIAL SERVICES FRAMEWORK AGREEMENT

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "MAJOR AND CONTINUING CONNECTED TRANSACTIONS RENEWAL OF THE EXISTING FINANCIAL SERVICES FRAMEWORK AGREEMENT"

Transcription

1 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. MAJOR AND CONTINUING CONNECTED TRANSACTIONS RENEWAL OF THE EXISTING FINANCIAL SERVICES FRAMEWORK AGREEMENT Reference is made to the announcements of the Company dated 26 September 2012 and 21 November 2012 respectively where it was announced, among other things, that the Company entered into the Existing Financial Services Framework Agreement with Tianjin Port Finance and Tianjin Port Group. As the Existing Financial Services Framework Agreement will expire on 31 December 2015, the Company had on 23 September 2015 entered into the New Financial Services Framework Agreement with Tianjin Port Finance and Tianjin Port Group to continue the Transactions. Tianjin Port Group is the controlling Shareholder indirectly interested in 53.5% of the issued share capital of the Company. Tianjin Port Finance is a non wholly-owned subsidiary of Tianjin Port Group. Hence, Tianjin Port Group and Tianjin Port Finance are connected persons of the Company under the Listing Rules. Accordingly, the Transactions constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. As the applicable percentage ratios (as defined in the Listing Rules) in respect of the Proposed Annual Caps exceed 25%, the Non-exempt Continuing Connected Transactions constitute major transactions and non-exempt continuing connected transactions of the Company; and the Nonexempt Continuing Connected Transactions and the Proposed Annual Caps are subject to the reporting, announcement, annual review, circular (including independent financial advice) and independent shareholders approval requirements under Chapter 14A of the Listing Rules and subject to the relevant major transaction requirements under Chapter 14 of the Listing Rules. An Independent Board Committee has been established to advise the Independent Shareholders on the New Financial Services Framework Agreement, the Non-exempt Continuing Connected Transactions and the Proposed Annual Caps. An independent financial adviser has been appointed to advise the Independent Board Committee and the Independent Shareholders in this connection

2 The EGM will be convened and held for the Independent Shareholders to consider and, if thought fit, to approve, among other things, the New Financial Services Framework Agreement, the Nonexempt Continuing Connected Transactions and the Proposed Annual Caps. As Tianjin Port Group is a controlling Shareholder materially interested in the Non-exempt Continuing Connected Transactions, Tianjin Port Group and its associates will abstain from voting in respect of such resolution. GENERAL A circular containing, among other things, details of the New Financial Services Framework Agreement and the Non-exempt Continuing Connected Transactions, the recommendation from the Independent Board Committee to the Independent Shareholders, the advice from the independent financial adviser to the Independent Board Committee and the Independent Shareholders and a notice of the EGM will be despatched to the Shareholders on or before 16 October BACKGROUND Reference is made to the announcements of the Company dated 26 September 2012 and 21 November 2012 respectively where it was announced, among other things, that the Company entered into the Existing Financial Services Framework Agreement with Tianjin Port Finance and Tianjin Port Group. As the Existing Financial Services Framework Agreement will expire on 31 December 2015, the Company had on 23 September 2015 entered into the New Financial Services Framework Agreement with Tianjin Port Finance and Tianjin Port Group to continue the Transactions. 2. NEW FINANCIAL SERVICES FRAMEWORK AGREEMENT (a) Principal terms Date : 23 September 2015 Parties : (1) the Company (as services user) (2) Tianjin Port Finance (as services provider) (3) Tianjin Port Group (as guarantor) Term : 1 January 2016 to 31 December

3 Nature of services: Provision of financial services by Tianjin Port Finance to members of the Group, including: (1) deposit services (2) provision of loans (excluding entrustment loans referred to in category (5) below) (3) commercial notes acceptance and discounting services (4) settlement services (5) arrangement of entrustment loans between members of the Group, whereby Tianjin Port Finance serves as a financial agency through which funds of any member of the Group may be channeled for use by other members of the Group (6) certification of financial position, financial advisory services and other advisory services (together with the services referred to in categories (3) to (5) above, the Other Financial Services ) Pursuant to the New Financial Services Framework Agreement, the Group needs not utilise the financial services provided by Tianjin Port Finance and is not under any obligation to do so. The Company has the right to decide whether to maintain its relationship with Tianjin Port Finance as a provider of financial services. Fees and charges: Fees and charges payable by the Group to Tianjin Port Finance under the New Financial Services Framework Agreement will be on terms no less favourable than the benchmark rates set by PBOC (if applicable) as well as those available to the Group from other independent commercial banks in the PRC and are determined on the following bases: (1) deposit services: Interest rates for deposits placed by members of the Group must not be lower than (i) the relevant benchmark interest rates set by PBOC; and (ii) the interest rates provided by other independent commercial banks in the PRC for deposits of similar nature and under similar terms

4 (2) provision of loans: Interest rates for borrowings by members of the Group must not be higher than (i) the relevant benchmark interest rates set by PBOC; and (ii) the interest rates charged by other independent commercial banks in the PRC for borrowings of similar nature and under similar terms. (3) commercial notes acceptance and discounting services: Fees charged for the services and the interest rates for the commercial notes discounting services must not be higher than (i) the relevant benchmark charging rates (if applicable) and interest rates set by PBOC; and (ii) the fees and interest rates charged by other independent commercial banks in the PRC for providing commercial notes acceptance and discounting services of similar nature and under similar terms. (4) settlement services: Fees charged for settlement services must not be higher than (i) the relevant benchmark charging rates set by PBOC (if applicable); and (ii) the fees charged by other independent commercial banks in the PRC for providing services of similar nature. (5) arrangement of entrustment loans: Fees charged for the services and the interest rates for the entrustment loans must not be higher than (i) the relevant benchmark charging rates (if applicable) and interest rates set by PBOC; and (ii) the fees and interest rates charged by other independent commercial banks in the PRC for arranging entrustment loans of similar nature and under similar terms. (6) certification of financial position, financial advisory services and other advisory services: Fees charged for these services must not be higher than (i) the relevant benchmark charging rates set by PBOC (if applicable); and (ii) the fees charged by other independent commercial banks in the PRC for providing services of similar nature and under similar terms. Other provisions: The average daily amount of outstanding loans extended by Tianjin Port Finance to the Group must exceed the average daily amount of deposits placed by the Group with Tianjin Port Finance, both amounts being calculated on a monthly basis

5 In respect of the deposits placed by the Group with Tianjin Port Finance and if Tianjin Port Finance misuses or defaults the deposits placed by the Group with Tianjin Port Finance which renders the Group unable to recover such deposits (including accrued interest), the Group will have the right to lawfully set off such deposits (including accrued interest) against the outstanding loans (including accrued interest) extended by Tianjin Port Finance to the Group. However, if the Group fails to repay its loans extended by Tianjin Port Finance on time, Tianjin Port Finance does not have the right to set off such outstanding loans due from the Group with the deposits placed by the Group with Tianjin Port Finance. Termination: The New Financial Services Framework Agreement may be unilaterally terminated by the Company upon: (1) occurrence of any of the following which exposes or potentially exposes the Group to substantial risks or losses: breach or potential breach of PRC laws and regulations by Tianjin Port Finance; Tianjin Port Finance experiences or foresees to experience any major operational problem or difficulty with liquidity; non-performance of any terms or default of the New Financial Services Framework Agreement by Tianjin Port Finance; or (2) breach or potential breach of laws and regulations (including the Listing Rules) by the Company and/or the Group as a result of compliance with the New Financial Services Framework Agreement. Undertakings by Tianjin Port Group: As part of the New Financial Services Framework Agreement, Tianjin Port Group undertakes to the Company that: (1) it is duly established, validly existing and constitutes a separate legal entity, having the ability to guarantee Tianjin Port Finance s execution of its duties and obligations under the New Financial Services Framework Agreement; - 5 -

6 (2) it has the necessary right, power and authority to execute the New Financial Services Framework Agreement and all other documents necessary for the execution of the same. Upon the effectiveness of the New Financial Services Framework Agreement and documents above, these will be legal, valid, binding and enforceable against Tianjin Port Group; (3) the signing of the New Financial Services Framework Agreement by Tianjin Port Group does not breach or lead to the breach of: (i) its articles of association, business certificate and other similar establishment documents; (ii) other contracts and agreements to which Tianjin Port Group is a party; and (iii) any laws and regulations; (4) it has undertaken and warranted to both the Company and the CBRC that if Tianjin Port Finance experiences or foresees to experience any liquidity problems, it will inject capital to Tianjin Port Finance based on the latter s needs in order to ensure the latter s normal operation; and (5) it undertakes and warrants to compensate the Group jointly and severally with Tianjin Port Finance for all the substantial risks or losses (including but not limited to the Group s deposits, interests and related expenses incurred) caused or potentially caused by Tianjin Port Finance s breaches or potential breaches of PRC laws and regulations, or by its having or potentially having any major operational problems or difficulties with liquidity, or by its non-performance of any terms or default of the New Financial Services Framework Agreement. Internal control and risk management measures: In order to safeguard the interests of the Company and the Shareholders, the New Financial Services Framework Agreement provides for the following internal control and risk management measures: (1) Tianjin Port Finance shall ensure the secure operation of its fund management information system. The system has passed all the security tests for the internet banking connection with other commercial banks, and that the system adopts the CA mode of security certification for ensuring the security of the Group s funds; (2) Tianjin Port Finance guarantees that it will strictly comply with and operate under the finance company risk management specifications issued by the CBRC. The gearing, liquidity and other ratios should comply with the requirements specified by CBRC and other PRC laws and regulations as amended from time to time; - 6 -

7 (3) Tianjin Port Finance shall at all times monitor its credit risks. If (i) any specific situation arises which may adversely affect the security of the deposits placed by the Group with Tianjin Port Finance, or (ii) any other circumstances occur, which may cause serious concern to such deposits, Tianjin Port Finance shall give written notice to the Company and the Group within two business days after the happening of such situations or circumstances, and take measures to avoid or contain any losses. Once being notified, the Group has the right to withdraw its deposits (including accrued interest) forthwith, or if it is unable to do so, it may lawfully set off the deposits (including accrued interest) placed by the Group with Tianjin Port Finance against the outstanding loans (including accrued interest) extended by Tianjin Port Finance to the Group; (4) during the term of the New Financial Services Framework Agreement, Tianjin Port Finance shall provide the Company with a report before 10:00 a.m. each working day on the amount of deposits placed and loans borrowed by the Group (the Report ). The Report will be reviewed, on a daily basis, by the Company to monitor and ensure that (i) the average daily amount of deposits (including accrued interest) placed by the Group does not exceed the Proposed Annual Caps and (ii) the average daily amount of outstanding loans extended by Tianjin Port Finance to the Group must be more than the average daily balance amount of deposits placed by the Group with Tianjin Port Finance, both amounts being calculated on a monthly basis; (5) during the term of the New Financial Services Framework Agreement, Tianjin Port Finance shall provide the Company on the fifth working day of every month its financial statements and other returns submitted to the CBRC the previous month by Tianjin Port Finance; (6) during the term of the New Financial Services Framework Agreement, Tianjin Port Finance shall provide the Company within three working days after submission a copy of every regulatory report submitted to the CBRC by Tianjin Port Finance; and (7) during the term of the New Financial Services Framework Agreement, Tianjin Port Finance shall implement all the measures in relation to risk control

8 (b) Historical figures and the Proposed Annual Caps Set out below are the historical transaction amounts of the deposits placed by the Group with Tianjin Port Finance (deposit services: category (1) of the financial services referred to above) for the years ended 31 December 2013 and 2014 and the six months ended 30 June 2015 and the Proposed Annual Caps: Historical figures and historical annual caps (RMB in million) For the six For the year For the year months ended ended ended 31 December 31 December 30 June For the year ending 31 December 2016 Proposed Annual Caps (RMB in million) For the year ending 31 December 2017 For the year ending 31 December 2018 Maximum daily outstanding balance of deposits (including accrued interest) 2,045 (2013 cap: 2,200) 2,200 (2014 cap: 2,200) 2,199 (2015 cap: 2,200) 3,200 3,200 3,200 (c) Basis of the Proposed Annual Caps The Proposed Annual Caps are determined after considering the following factors: (1) the expected increase in cash and deposits of the Group due to the anticipated growth of both business and assets scale of the Group; (2) cash and deposits of the Group (excluding restricted bank deposits) as at 31 December 2014 and 30 June 2015 of HK$6,708.2 million and HK$8,624.4 million respectively; (3) highest daily outstanding balances of deposits placed by the Group with Tianjin Port Finance for the year ended 31 December 2014 was close to the annual caps for the year ended 31 December 2014 of RMB2,200 million under the Existing Financial Services Framework Agreement, indicating that it was nearly fully utilised; (4) annual caps of RMB2,200 million for each of the two years ended 31 December 2013 and 2014 and the year ending 31 December 2015 under the Existing Financial Services Framework Agreement represented approximately 60% and 59% of the cash and deposits of the Group as at 30 June 2012 and 31 December 2011 respectively; - 8 -

9 (5) the Proposed Annual Caps represent approximately 47% and 60% of the cash and deposits (excluding restricted bank deposits) of the Group as at 30 June 2015 and 31 December 2014 respectively; (6) the treasury requirements of the Group as a whole taking into account the settlement trend of its business partners; and (7) Tianjin Port Finance is under the supervision of CBRC with stringent internal control and risk management measures. (d) Reasons for and benefits of entering into the Transactions Given that Tianjin Port Co (which is owned as to approximately 56.81% by the Company) and its subsidiaries on an aggregate basis hold 48% of the shareholding interest in Tianjin Port Finance, the reasons and benefits for the Group to use the services of Tianjin Port Finance include, but are not limited to: (i) the formulation of a deposit mix between other independent commercial banks in the PRC and Tianjin Port Finance, while at the same time retaining sufficient working capital flexibility; (ii) enhancing cost savings by reducing the amount of finance fees and charges payable to external banks when the terms offered by Tianjin Port Finance to the Group are no less favourable than those offered by external banks; and/or (iii) sharing profits of Tianjin Port Finance attributable to the Group through its shareholding in Tianjin Port Co. It is expected that Tianjin Port Finance, being an affiliate company of Tianjin Port Co, will be placed in a better position to serve the financial needs of the Group as it has better understanding of the operation and development needs of the Group. Accordingly, it is envisaged that Tianjin Port Finance will be more efficient in terms of processing transactions for the Group than other external banks in the PRC. As a financial services provider to the Group, the risk profile of Tianjin Port Finance is no greater than that of other independent commercial banks in the PRC, whilst there are numerous advantages of utilising the financial services provided by Tianjin Port Finance over similar services provided by other independent commercial banks in the PRC (as disclosed below): similar to other independent commercial banks in the PRC, Tianjin Port Finance is regulated by the PBOC and the CBRC, and it provides services pursuant to the relevant rules and requirements including capital risk guidelines and requisite capital adequacy ratios of such regulatory authorities; the regulation of finance companies (such as Tianjin Port Finance) by CBRC is more stringent than the regulation of commercial banks in the PRC in certain aspects, for example, finance companies are required to have a higher capital adequacy ratio; - 9 -

10 Tianjin Port Finance has not defaulted on any of its credit obligations or, to the knowledge of the Directors, breached any rule or requirement of the PBOC and the CBRC; Tianjin Port Finance has implemented stringent internal control and risk management measures, the efficiency and effectiveness of which are regularly reviewed by CBRC. Furthermore, Tianjin Port Finance will provide the Company access to its books and accounts for inspection upon the Company s request; as stated in its articles of association, Tianjin Port Finance operates independently and is responsible for its own financial performance. When Tianjin Port Finance provides financial services to members of Tianjin Port Group, it will exercise its own judgment and prudent approval process in determining whether to provide particular financial services to these members. With the implementation of stringent credit control measures, Tianjin Port Finance has never experienced any bad debt since its establishment in 2006; and the risk of the Group is minimised by: (i) Tianjin Port Group s undertakings to the Group; (ii) the Group s right of set-off; and (iii) that the average daily amount of outstanding loans of the Group shall exceed the average daily amount of deposits placed by the Group, both amounts being calculated on a monthly basis. The advantages of utilising the financial services provided by Tianjin Port Finance over similar services provided by other independent commercial banks in the PRC are as follows: PRC laws do not permit companies, including affiliates, to extend intra-group loans directly without going through a financial intermediary. Tianjin Port Finance serves as the financial intermediary through which the funds of the members of the Group may be deposited with Tianjin Port Finance and channeled efficiently to be used by one another; as an intra-group service provider, Tianjin Port Finance generally has better and more efficient communication and understanding with the Group compared with other independent commercial banks in the PRC. For example, by coordinating the members of the Group with surplus deposits with members who are borrowers, the costs and efficiency of the services provided will be improved; Tianjin Port Finance offers interest rates that are no less favourable than those offered by other independent commercial banks in the PRC. Furthermore, Tianjin Port Finance can assist the Group to formulate a beneficial deposit mix comprising different types of deposits such as current deposits, call deposits and fixed deposits, which allows the Group to increase its return on funds and retain sufficient working capital flexibility;

11 fees and charges generated from the utilisation of Tianjin Port Finance s services will be credited to Tianjin Port Finance instead of other independent commercial banks in the PRC, which allows the Group to benefit financially. The Company through Tianjin Port Co indirectly holds 48% equity interest in Tianjin Port Finance and will share the profits of Tianjin Port Finance accordingly; as Tianjin Port Finance is familiar with the business and transaction patterns of the Group, the settlement services provided by Tianjin Port Finance tend to provide a more efficient and orderly platform than those platforms that could be provided by other independent commercial banks in the PRC. This also helps to reduce transaction costs of the Group such as handling fees for transfer of funds and other administrative expenses; discounting of commercial notes by Tianjin Port Finance provides the Group s customers with flexibility in payment terms and accelerates the Group s collection of sale proceeds. Upon discounting of the commercial notes, the Group may receive the sale proceeds as if the sale was effected as a cash sale. This arrangement helps to efficiently reduce the receivables balance of the Group and accelerate its fund flows; and when there is credit squeeze in the PRC, it is generally more difficult or costly to obtain loans from commercial banks in the PRC, Tianjin Port Finance can provide an additional financing platform to the Group which can reduce the impact of the credit squeeze to the Group. 3. OPINION OF THE DIRECTORS The Directors (in respect of the Non-exempt Continuing Connected Transactions and the Proposed Annual Caps excluding members of the Independent Board Committee who will express their opinion thereon after considering the recommendation from the independent financial adviser) are of the view that the Transactions are in the ordinary and usual course of business of the Group and on normal commercial terms, and the terms are fair and reasonable and no less favourable to the Group than those of independent third parties and in the interests of the Company and the Shareholders as a whole, and the Proposed Annual Caps are fair and reasonable. None of the Directors had material interest in the Transactions. At the date of this announcement, among the eight Directors, each of Ms. Zhang Lili and Mr. Zheng Qingyue is also a director of Tianjin Port Group and Mr. Li Quanyong is also the chief economist of Tianjin Port Group. The above three Directors, in view of good corporate governance practices, abstain from voting in respect of Board resolutions in relation to transactions with Tianjin Port Group and/or its associates (as defined in the Listing Rules). All the remaining Directors (in respect of the Non-exempt Continuing Connected Transactions and the Proposed Annual Caps

12 excluding members of the Independent Board Committee who will express their opinion thereon after considering the recommendation from the independent financial adviser) approved the relevant Board resolutions in relation to the Transactions. 4. INFORMATION ON THE PARTIES The Group is principally engaged in the provision of containerised and non-containerised cargo handling services, sales and other port ancillary services at the port of Tianjin in the PRC, primarily through its subsidiaries and associated companies. The principal business of Tianjin Port Finance is the provision of financial services to the members of Tianjin Port Group but not to other parties. Tianjin Port Finance is a non-bank financial institution with limited liability established under PRC law in 9 December 2006 with the approval of CBRC and is subject to the supervision of CBRC. Its total registered and paidup capital is RMB1,150 million. The business activities of Tianjin Port Finance are regulated and supervised by the PBOC and the CBRC and its approved major business scope comprises deposit taking, loan and finance lease services, notes acceptance and discounting services, settlement services, arrangement of entrusted loans, provision of guarantees as well as the provision of finance services and financial advisory services, credit verification and related consultancy services, agency services, insurance agency services and investing activities. Tianjin Port Group is the controlling Shareholder of the Company. The principal business of Tianjin Port Group includes port handling and stevedoring services, warehousing, logistics, and port area land development at the port of Tianjin in the PRC primarily through its group companies. 5. LISTING RULES IMPLICATIONS Tianjin Port Group is the controlling Shareholder indirectly interested in 53.5% of the issued share capital of the Company. Tianjin Port Finance is a non wholly-owned subsidiary of Tianjin Port Group. Hence, Tianjin Port Group and Tianjin Port Finance are connected persons of the Company under the Listing Rules. Accordingly, the Transactions constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. As the applicable percentage ratios (as defined in the Listing Rules) in respect of the Proposed Annual Caps exceed 25%, the Non-exempt Continuing Connected Transactions constitute major transactions and non-exempt continuing connected transactions of the Company; and the Nonexempt Continuing Connected Transactions and the Proposed Annual Caps are subject to the reporting, announcement, annual review, circular (including independent financial advice) and independent shareholders approval requirements under Chapter 14A of the Listing Rules and subject to the relevant major transaction requirements under Chapter 14 of the Listing Rules

13 As provision of loans to the Group by Tianjin Port Finance (category (2) of the financial services referred to above) constitutes financial assistance received by the Group from a connected person and the transactions in relation to the provision of loan services contemplated under the New Financial Services Framework Agreement are not secured by the assets of the Group and are on normal commercial terms and terms that are no less favourable to the Group than those of independent third parties, hence are exempt from the reporting, announcement, annual review, circular (including independent financial advice) and independent shareholders approval requirements under Rule 14A.90 of the Listing Rules. As all the applicable percentage ratios (as defined in the Listing Rules) in respect of the Other Financial Services (categories (3) to (6) of the financial services referred to above), on an annual basis, are expected to be less than 0.1%, and the transactions in relation to the Other Financial Services contemplated under the New Financial Services Framework Agreement are on normal commercial terms and terms that are no less favourable to the Group than those of independent third parties, hence are exempt from the reporting, announcement, annual review, circular (including independent financial advice) and independent shareholders approval requirements under Chapter 14A of the Listing Rules. An Independent Board Committee has been formed to advise the Independent Shareholders on the New Financial Services Framework Agreement, the Non-exempt Continuing Connected Transactions and the Proposed Annual Caps. An independent financial adviser has been appointed to advise the Independent Board Committee and the Independent Shareholders in this connection. The EGM will be convened and held for the Independent Shareholders to consider and, if thought fit, to approve, among other things, the New Financial Services Framework Agreement, the Non-exempt Continuing Connected Transactions and the Proposed Annual Caps. As Tianjin Port Group is a controlling Shareholder materially interested in the Non-exempt Continuing Connected Transactions, Tianjin Port Group and its associates will abstain from voting in respect of such resolution. 6. GENERAL A circular containing, among other things, details of the New Financial Services Framework Agreement and the Non-exempt Continuing Connected Transactions, the recommendation from the Independent Board Committee to the Independent Shareholders, the advice from the independent financial adviser to the Independent Board Committee and the Independent Shareholders and a notice of the EGM will be despatched to the Shareholders on or before 16 October

14 7. DEFINITIONS In this announcement, unless the context requires otherwise, the following terms shall have the following meanings: Board CBRC Company Director(s) EGM Existing Financial Services Framework Agreement Group Hong Kong Independent Board Committee Independent Shareholders Listing Rules New Financial Services Framework Agreement the board of Directors; China Banking Regulatory Commission; Tianjin Port Development Holdings Limited, a company incorporated in the Cayman Islands with limited liability, the shares of which are listed on the Main Board of the Stock Exchange (Stock Code: 03382); the director(s) of the Company; the extraordinary general meeting of the Company to be convened and held to consider and, if thought fit, approve, inter alia, the New Financial Services Framework Agreement, the Non-exempt Continuing Connected Transactions and the Proposed Annual Caps; a framework agreement dated 26 September 2012 entered into between the Company, Tianjin Port Finance and Tianjin Port Group in relation to the provision of financial services by Tianjin Port Finance to members of the Group; the Company and its subsidiaries; the Hong Kong Special Administrative Region of the PRC; the independent board committee comprising all of the independent non-executive Directors; Shareholders, other than Tianjin Port Group and its associates (as defined in the Listing Rules); the Rules Governing the Listing of Securities on the Stock Exchange; a framework agreement dated 23 September 2015 entered into between the Company, Tianjin Port Finance and Tianjin Port Group in relation to the provision of financial services by Tianjin Port Finance to members of the Group;

15 Non-exempt Continuing Connected Transactions PBOC PRC Proposed Annual Cap(s) RMB Shareholder(s) Stock Exchange Tianjin Port Co Tianjin Port Finance the transactions in relation to deposit services (category (1) of the financial services referred to in the section Nature of services: of paragraph (a) (Principal terms) headed 2. New Financial Services Framework Agreement in this announcement) contemplated under the New Financial Services Framework Agreement; People s Bank of China; the People s Republic of China, which for the purpose of this announcement, excludes Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan; the proposed annual cap(s) for the Non-exempt Continuing Connected Transactions on the maximum daily outstanding balance of deposits (including accrued interest) to be placed by the Group with Tianjin Port Finance (excluding deposits for the purpose of extending entrustment loans referred to in the section Nature of services: of paragraph (a) (Principal terms) headed 2. New Financial Services Framework Agreement in this announcement) for the three years ending 31 December 2018; Renminbi, the lawful currency of the PRC; the shareholder(s) of the Company; The Stock Exchange of Hong Kong Limited; 天 津 股 份 有 限 公 司 (Tianjin Port Holdings Co., Ltd.*), a limited liability company incorporated in the PRC, the shares of which are listed on the Shanghai Stock Exchange (stock code: ), and indirectly owned as to approximately 56.81% by the Company as at the date of this announcement; 天 津 財 務 有 限 公 司 (Tianjin Port Finance Co., Ltd.*), a limited liability company incorporated in the PRC, a 48% owned associate of Tianjin Port Co and a 52% owned non wholly-owned subsidiary of Tianjin Port Group;

16 Tianjin Port Group Transactions 天 津 ( 集 團 ) 有 限 公 司 (Tianjin Port (Group) Co., Ltd.*), an entity reorganised as a wholly state-owned company in the PRC on 29 July 2004 and the holding company of the businesses owned and operated by the former governmental regulatory body of the port of Tianjin; and the indirect holder of 53.5% of the issued share capital of the Company as at the date of this announcement; the transactions contemplated under the New Financial Services Framework Agreement; and % per cent. By Order of the Board Tianjin Port Development Holdings Limited Zhang Lili Chairman Hong Kong, 23 September 2015 Asatthedateofthisannouncement,theBoardconsistsofMs.ZhangLili,Mr.ZhengQingyue,Mr.Li Quanyong, Mr. Wang Rui and Ms. Shi Jing as executive directors; Professor Japhet Sebastian Law, Dr. Cheng Chi Pang, Leslie and Mr. Zhang Weidong as independent non-executive directors. * For identification purposes only

MAJOR AND CONTINUING CONNECTED TRANSACTIONS (FINANCIAL SERVICES FRAMEWORK AGREEMENT)

MAJOR AND CONTINUING CONNECTED TRANSACTIONS (FINANCIAL SERVICES FRAMEWORK AGREEMENT) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

RENEWAL OF CONTINUING CONNECTED TRANSACTION FINANCIAL SERVICES AGREEMENT WITH CHINALCO FINANCE

RENEWAL OF CONTINUING CONNECTED TRANSACTION FINANCIAL SERVICES AGREEMENT WITH CHINALCO FINANCE Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CHINA SUNTIEN GREEN ENERGY CORPORATION LIMITED *

CHINA SUNTIEN GREEN ENERGY CORPORATION LIMITED * Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

TOP SPRING INTERNATIONAL HOLDINGS LIMITED

TOP SPRING INTERNATIONAL HOLDINGS LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CGN MEIYA POWER HOLDINGS CO., LTD.

CGN MEIYA POWER HOLDINGS CO., LTD. Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Gemdale Properties and Investment Corporation Limited 金 地 商 置 集 團 有 限 公 司

Gemdale Properties and Investment Corporation Limited 金 地 商 置 集 團 有 限 公 司 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CONTINUING CONNECTED TRANSACTION: FRAMEWORK AGREEMENT REGARDING INTRA-GROUP FINANCIAL SERVICES

CONTINUING CONNECTED TRANSACTION: FRAMEWORK AGREEMENT REGARDING INTRA-GROUP FINANCIAL SERVICES Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

RENEWAL OF CONTINUING CONNECTED TRANSACTIONS

RENEWAL OF CONTINUING CONNECTED TRANSACTIONS Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

ANNOUNCEMENT CONNECTED TRANSACTION RELATING TO CAPITAL INJECTION INTO ENN FINANCE COMPANY LIMITED

ANNOUNCEMENT CONNECTED TRANSACTION RELATING TO CAPITAL INJECTION INTO ENN FINANCE COMPANY LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Kingsoft Corporation Limited

Kingsoft Corporation Limited Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Shunfeng Photovoltaic International Limited 順 風 光 電 國 際 有 限 公 司. (Incorporated in the Cayman Islands with limited liability) (Stock Code: 01165)

Shunfeng Photovoltaic International Limited 順 風 光 電 國 際 有 限 公 司. (Incorporated in the Cayman Islands with limited liability) (Stock Code: 01165) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

DISCLOSEABLE TRANSACTION IN RESPECT OF FINANCE LEASE AGREEMENTS

DISCLOSEABLE TRANSACTION IN RESPECT OF FINANCE LEASE AGREEMENTS Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Project Consulting Agreement

Project Consulting Agreement The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever

More information

(Incorporated in Hong Kong with limited liability under the Companies Ordinance) (Stock Code: 00144)

(Incorporated in Hong Kong with limited liability under the Companies Ordinance) (Stock Code: 00144) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

MAJOR TRANSACTIONS IN RELATION TO (1) PROVISION OF FINANCE LEASE; (2) FACTORING FACILITY; (3) PROVISION OF GUARANTEE; AND

MAJOR TRANSACTIONS IN RELATION TO (1) PROVISION OF FINANCE LEASE; (2) FACTORING FACILITY; (3) PROVISION OF GUARANTEE; AND Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

首 長 四 方 ( 集 團 ) 有 限 公 司 * SHOUGANG CONCORD GRAND (GROUP) LIMITED (Incorporated in Bermuda with limited liability) (Stock Code: 730)

首 長 四 方 ( 集 團 ) 有 限 公 司 * SHOUGANG CONCORD GRAND (GROUP) LIMITED (Incorporated in Bermuda with limited liability) (Stock Code: 730) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CONNECTED TRANSACTION EXTENSION OF LOAN ARRANGEMENT

CONNECTED TRANSACTION EXTENSION OF LOAN ARRANGEMENT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

GOLDIN FINANCIAL HOLDINGS LIMITED * (Incorporated in Bermuda with limited liability) (Stock Code: 530)

GOLDIN FINANCIAL HOLDINGS LIMITED * (Incorporated in Bermuda with limited liability) (Stock Code: 530) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Logan Property Holdings Company Limited

Logan Property Holdings Company Limited Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CHINA BEST GROUP HOLDING LIMITED *

CHINA BEST GROUP HOLDING LIMITED * Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CONNECTED AND MAJOR TRANSACTION IN RELATION TO AIRCRAFT FINANCE LEASE

CONNECTED AND MAJOR TRANSACTION IN RELATION TO AIRCRAFT FINANCE LEASE Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

DISCLOSEABLE TRANSACTION RENEWAL OF FINANCIAL SERVICES AGREEMENT

DISCLOSEABLE TRANSACTION RENEWAL OF FINANCIAL SERVICES AGREEMENT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness

More information

DISCLOSEABLE TRANSACTION GRANT OF LOAN TO FUZE ENTERTAINMENT

DISCLOSEABLE TRANSACTION GRANT OF LOAN TO FUZE ENTERTAINMENT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

(incorporated in Hong Kong with limited liability) (Stock Code: 1668) DISCLOSEABLE AND CONNECTED TRANSACTION

(incorporated in Hong Kong with limited liability) (Stock Code: 1668) DISCLOSEABLE AND CONNECTED TRANSACTION Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CHINA TING GROUP HOLDINGS LIMITED 華 鼎 集 團 控 股 有 限 公 司

CHINA TING GROUP HOLDINGS LIMITED 華 鼎 集 團 控 股 有 限 公 司 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

DISCLOSEABLE TRANSACTION (1) SUPPLEMENTAL AGREEMENT (2) ACQUISITION OF THE ENTIRE EQUITY INTEREST IN THE PROJECT COMPANY

DISCLOSEABLE TRANSACTION (1) SUPPLEMENTAL AGREEMENT (2) ACQUISITION OF THE ENTIRE EQUITY INTEREST IN THE PROJECT COMPANY Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

DISCLOSEABLE TRANSACTION ENTRUSTED LOAN AGREEMENT

DISCLOSEABLE TRANSACTION ENTRUSTED LOAN AGREEMENT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

SOHO CHINA LIMITED SOHO

SOHO CHINA LIMITED SOHO Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 3883) MAJOR TRANSACTION

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 3883) MAJOR TRANSACTION Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CHINA LESSO GROUP HOLDINGS LIMITED *

CHINA LESSO GROUP HOLDINGS LIMITED * Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Flying Financial Service Holdings Limited

Flying Financial Service Holdings Limited Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

MAJOR TRANSACTION INVOLVING DISPOSAL OF SALE SHARES AND SALE LOANS AND RESUMPTION OF TRADING

MAJOR TRANSACTION INVOLVING DISPOSAL OF SALE SHARES AND SALE LOANS AND RESUMPTION OF TRADING Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Deed of Settlement in respect of. provision of loan by a subsidiary

Deed of Settlement in respect of. provision of loan by a subsidiary Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CONTINUING CONNECTED TRANSACTIONS

CONTINUING CONNECTED TRANSACTIONS Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

DISCLOSEABLE TRANSACTION FINANCE LEASE ARRANGEMENT AND FACTORING ARRANGEMENT

DISCLOSEABLE TRANSACTION FINANCE LEASE ARRANGEMENT AND FACTORING ARRANGEMENT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

SIM TECHNOLOGY GROUP LIMITED *

SIM TECHNOLOGY GROUP LIMITED * Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CHINA SUNTIEN GREEN ENERGY CORPORATION LIMITED *

CHINA SUNTIEN GREEN ENERGY CORPORATION LIMITED * Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

POTENTIAL CONTINUING CONNECTED TRANSACTION - INVESTMENT ADVISORY AND MANAGEMENT AGREEMENT

POTENTIAL CONTINUING CONNECTED TRANSACTION - INVESTMENT ADVISORY AND MANAGEMENT AGREEMENT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

DISCLOSEABLE TRANSACTION PROVISION OF ENTRUSTED LOAN TO ZHONGTIAN SYNERGETIC COMPANY

DISCLOSEABLE TRANSACTION PROVISION OF ENTRUSTED LOAN TO ZHONGTIAN SYNERGETIC COMPANY Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

INDUSTRIALAND COMMERCIAL BANK OF CHINA (ASIA) LIMITED

INDUSTRIALAND COMMERCIAL BANK OF CHINA (ASIA) LIMITED The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever

More information

TRULY INTERNATIONAL HOLDINGS LIMITED (Incorporated in the Cayman Islands with limited liability)

TRULY INTERNATIONAL HOLDINGS LIMITED (Incorporated in the Cayman Islands with limited liability) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

DISCLOSEABLE TRANSACTION AND CONNECTED TRANSACTION

DISCLOSEABLE TRANSACTION AND CONNECTED TRANSACTION The Stock Exchange of Hong Kong Limited takes no responsibility for this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any

More information

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 01250)

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 01250) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CHINASOFT INTERNATIONAL LIMITED 中 軟 國 際 有 限 公 司. (Incorporated in the Cayman Islands with limited liability) (Stock Code: 354)

CHINASOFT INTERNATIONAL LIMITED 中 軟 國 際 有 限 公 司. (Incorporated in the Cayman Islands with limited liability) (Stock Code: 354) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

MelcoLot Limited (Incorporated in the Cayman Islands with limited liability) (Stock Code: 8198)

MelcoLot Limited (Incorporated in the Cayman Islands with limited liability) (Stock Code: 8198) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CONNECTED TRANSACTION FACTORING AGREEMENT

CONNECTED TRANSACTION FACTORING AGREEMENT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

PROPOSED NON-PUBLIC ISSUANCE OF A SHARES; AND RESUMPTION OF TRADING

PROPOSED NON-PUBLIC ISSUANCE OF A SHARES; AND RESUMPTION OF TRADING Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

REVISION OF ANNUAL CAPS FOR CONTINUING CONNECTED TRANSACTIONS AND CONTINUING CONNECTED TRANSACTIONS - FINANCE LEASE

REVISION OF ANNUAL CAPS FOR CONTINUING CONNECTED TRANSACTIONS AND CONTINUING CONNECTED TRANSACTIONS - FINANCE LEASE Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CHINA NUCLEAR INDUSTRY 23 INTERNATIONAL CORPORATION LIMITED ( 中 國 核 工 業 二 三 國 際 有 限 公 司 )

CHINA NUCLEAR INDUSTRY 23 INTERNATIONAL CORPORATION LIMITED ( 中 國 核 工 業 二 三 國 際 有 限 公 司 ) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

EAGLE NICE (INTERNATIONAL) HOLDINGS LIMITED

EAGLE NICE (INTERNATIONAL) HOLDINGS LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

(Incorporated in Bermuda with limited liability) (Stock Code: 1060)

(Incorporated in Bermuda with limited liability) (Stock Code: 1060) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this, make no representation as to its accuracy or completeness and expressly

More information

CHINA PRECIOUS METAL RESOURCES HOLDINGS CO., LTD.

CHINA PRECIOUS METAL RESOURCES HOLDINGS CO., LTD. Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

C&D INTERNATIONAL INVESTMENT GROUP LIMITED

C&D INTERNATIONAL INVESTMENT GROUP LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CCID CONSULTING COMPANY LIMITED* (a joint stock limited company incorporated in the People s Republic of China)

CCID CONSULTING COMPANY LIMITED* (a joint stock limited company incorporated in the People s Republic of China) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

NEW CHINA LIFE INSURANCE COMPANY LTD. (A joint stock company incorporated in the People s Republic of China with limited liability) (Stock Code: 1336)

NEW CHINA LIFE INSURANCE COMPANY LTD. (A joint stock company incorporated in the People s Republic of China with limited liability) (Stock Code: 1336) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

NATIONAL UNITED RESOURCES HOLDINGS LIMITED

NATIONAL UNITED RESOURCES HOLDINGS LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

SINO RESOURCES GROUP LIMITED (carrying on business in Hong Kong as Sino Gp Limited) 神 州 資 源 集 團 有 限 公 司

SINO RESOURCES GROUP LIMITED (carrying on business in Hong Kong as Sino Gp Limited) 神 州 資 源 集 團 有 限 公 司 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CONTINUING CONNECTED TRANSACTIONS

CONTINUING CONNECTED TRANSACTIONS Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Fullshare Holdings Limited

Fullshare Holdings Limited Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

(1) DISCLOSEABLE AND CONNECTED TRANSACTION CONSULTING SERVICES AGREEMENT; AND (2) CONTINUING CONNECTED TRANSACTION LOAN TRANSACTION

(1) DISCLOSEABLE AND CONNECTED TRANSACTION CONSULTING SERVICES AGREEMENT; AND (2) CONTINUING CONNECTED TRANSACTION LOAN TRANSACTION Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

DISCLOSEABLE TRANSACTION ANNOUNCEMENT OF ENTRUSTING ADDITIONAL ASSETS UNDER THE ASSET MANAGEMENT AGREEMENT

DISCLOSEABLE TRANSACTION ANNOUNCEMENT OF ENTRUSTING ADDITIONAL ASSETS UNDER THE ASSET MANAGEMENT AGREEMENT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult a stockbroker or other registered

More information

NOBLE CENTURY INVESTMENT HOLDINGS LIMITED 仁 瑞 投 資 控 股 有 限 公 司

NOBLE CENTURY INVESTMENT HOLDINGS LIMITED 仁 瑞 投 資 控 股 有 限 公 司 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CONTINUING CONNECTED TRANSACTIONS ENTERING INTO MUTUAL COAL SUPPLY AGREEMENT

CONTINUING CONNECTED TRANSACTIONS ENTERING INTO MUTUAL COAL SUPPLY AGREEMENT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

GOLDBOND GROUP HOLDINGS LIMITED

GOLDBOND GROUP HOLDINGS LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Lee s Pharmaceutical Holdings Limited

Lee s Pharmaceutical Holdings Limited Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CONTINUING CONNECTED TRANSACTIONS IN RESPECT OF THE MASTER SUB-CONTRACTING AGREEMENT

CONTINUING CONNECTED TRANSACTIONS IN RESPECT OF THE MASTER SUB-CONTRACTING AGREEMENT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CONNECTED AND DISCLOSEABLE TRANSACTION AIRCRAFT FINANCE LEASE

CONNECTED AND DISCLOSEABLE TRANSACTION AIRCRAFT FINANCE LEASE Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

JINGRUI HOLDINGS LIMITED *

JINGRUI HOLDINGS LIMITED * Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CONTINUING CONNECTED TRANSACTIONS

CONTINUING CONNECTED TRANSACTIONS Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

POWERLONG REAL ESTATE HOLDINGS LIMITED

POWERLONG REAL ESTATE HOLDINGS LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

DISCLOSEABLE TRANSACTION SUBSCRIPTION OF WEALTH MANAGEMENT PRODUCT

DISCLOSEABLE TRANSACTION SUBSCRIPTION OF WEALTH MANAGEMENT PRODUCT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

JINCHUAN GROUP INTERNATIONAL RESOURCES CO. LTD 金 川 集 團 國 際 資 源 有 限 公 司

JINCHUAN GROUP INTERNATIONAL RESOURCES CO. LTD 金 川 集 團 國 際 資 源 有 限 公 司 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

China Grand Pharmaceutical and Healthcare Holdings Limited* (Incorporated in Bermuda with limited liability (Stock Code: 00512)

China Grand Pharmaceutical and Healthcare Holdings Limited* (Incorporated in Bermuda with limited liability (Stock Code: 00512) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Phoenix Healthcare Group Co. Ltd 鳳 凰 醫 療 集 團 有 限 公 司

Phoenix Healthcare Group Co. Ltd 鳳 凰 醫 療 集 團 有 限 公 司 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

ZHUHAI HOLDINGS INVESTMENT GROUP LIMITED

ZHUHAI HOLDINGS INVESTMENT GROUP LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

SOCAM Development Limited (Incorporated in Bermuda with limited liability) (Stock Code: 983)

SOCAM Development Limited (Incorporated in Bermuda with limited liability) (Stock Code: 983) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CHINA DEVELOPMENT BANK INTERNATIONAL INVESTMENT LIMITED

CHINA DEVELOPMENT BANK INTERNATIONAL INVESTMENT LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Dalian Wanda Commercial Properties Co., Ltd. (A joint stock limited liability company incorporated in the People s Republic of China)

Dalian Wanda Commercial Properties Co., Ltd. (A joint stock limited liability company incorporated in the People s Republic of China) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Future Land Development Holdings Limited

Future Land Development Holdings Limited Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CHINA ENERGINE INTERNATIONAL (HOLDINGS) LIMITED ( ) * (Incorporated in Cayman Islands with limited liability)

CHINA ENERGINE INTERNATIONAL (HOLDINGS) LIMITED ( ) * (Incorporated in Cayman Islands with limited liability) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

China Power International Development Limited 中 國 電 力 國 際 發 展 有 限 公 司 (incorporated in Hong Kong with limited liability) (Stock Code: 2380)

China Power International Development Limited 中 國 電 力 國 際 發 展 有 限 公 司 (incorporated in Hong Kong with limited liability) (Stock Code: 2380) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

DISCLOSEABLE TRANSACTION ANNOUNCEMENT OF ENTERING INTO ASSET MANAGEMENT AGREEMENT

DISCLOSEABLE TRANSACTION ANNOUNCEMENT OF ENTERING INTO ASSET MANAGEMENT AGREEMENT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

DISCLOSEABLE TRANSACTION SECOND SUPPLEMENTAL LOAN AGREEMENT RELATING TO THE FURTHER EXTENSION OF LOAN FACILITY

DISCLOSEABLE TRANSACTION SECOND SUPPLEMENTAL LOAN AGREEMENT RELATING TO THE FURTHER EXTENSION OF LOAN FACILITY Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CONNECTED TRANSACTION FORWARD SHARE PURCHASE

CONNECTED TRANSACTION FORWARD SHARE PURCHASE Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CONNECTED TRANSACTION CAPITAL INCREASE TOWARDS GUODIAN FINANCIAL

CONNECTED TRANSACTION CAPITAL INCREASE TOWARDS GUODIAN FINANCIAL Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CONTINUING CONNECTED TRANSACTIONS INVENTORY CONTROL AGREEMENT AND LOAN AGREEMENT

CONTINUING CONNECTED TRANSACTIONS INVENTORY CONTROL AGREEMENT AND LOAN AGREEMENT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Fullshare Holdings Limited

Fullshare Holdings Limited Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

SINOPHARM GROUP CO. LTD. * 國 藥 控 股 股 份 有 限 公 司

SINOPHARM GROUP CO. LTD. * 國 藥 控 股 股 份 有 限 公 司 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

TCL DISPLAY TECHNOLOGY HOLDINGS LIMITED TCL (Incorporated in Bermuda with limited liability) (Stock Code: 334)

TCL DISPLAY TECHNOLOGY HOLDINGS LIMITED TCL (Incorporated in Bermuda with limited liability) (Stock Code: 334) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

MAJOR TRANSACTION FORMATION OF JOINT VENTURE COMPANY

MAJOR TRANSACTION FORMATION OF JOINT VENTURE COMPANY Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

ANNOUNCEMENT CONTINUING CONNECTED TRANSACTIONS

ANNOUNCEMENT CONTINUING CONNECTED TRANSACTIONS Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

(Incorporated in Hong Kong with limited liability) (Stock Code: 291)

(Incorporated in Hong Kong with limited liability) (Stock Code: 291) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

ANNOUNCEMENT CONTRACT FOR INVESTOR RELATIONS SERVICES AND GRANT OF SHARE OPTIONS UNDER THE SHARE OPTION SCHEME

ANNOUNCEMENT CONTRACT FOR INVESTOR RELATIONS SERVICES AND GRANT OF SHARE OPTIONS UNDER THE SHARE OPTION SCHEME Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Yangtze Optical Fibre and Cable Joint Stock Limited Company *

Yangtze Optical Fibre and Cable Joint Stock Limited Company * Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

ALIBABA HEALTH INFORMATION TECHNOLOGY LIMITED

ALIBABA HEALTH INFORMATION TECHNOLOGY LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

(1) MAJOR AND CONNECTED TRANSACTION PROPOSED DISPOSAL AND (2) NOTICE OF BOARD MEETING FOR POSSIBLE DECLARATION OF A SPECIAL INTERIM DIVIDEND

(1) MAJOR AND CONNECTED TRANSACTION PROPOSED DISPOSAL AND (2) NOTICE OF BOARD MEETING FOR POSSIBLE DECLARATION OF A SPECIAL INTERIM DIVIDEND Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Comtec Solar Systems Group Limited

Comtec Solar Systems Group Limited Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

北 京 發 展 ( 香 港 ) 有 限 公 司 BEIJING DEVELOPMENT (HONG KONG) LIMITED (Incorporated in Hong Kong with limited liability) (Stock Code: 154)

北 京 發 展 ( 香 港 ) 有 限 公 司 BEIJING DEVELOPMENT (HONG KONG) LIMITED (Incorporated in Hong Kong with limited liability) (Stock Code: 154) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

China Grand Pharmaceutical and Healthcare Holdings Limited 遠 大 醫 藥 健 康 控 股 有 限 公 司 * CONTINUING CONNECTED TRANSACTIONS

China Grand Pharmaceutical and Healthcare Holdings Limited 遠 大 醫 藥 健 康 控 股 有 限 公 司 * CONTINUING CONNECTED TRANSACTIONS Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information