We were founded by GAC Group and Tencent, and subsequently introduced Pony AI, an autonomous driving solution provider, as a strategic shareholder.
Summary · p. 1
The Represented Tencent Group | 22,429 | 1.4 | 36,927 | 2.1 | 58,216 | 2.3
Business · p. 339
In addition to GAIG, during the Track Record Period, the Represented Tencent Group, Supplier C, Supplier D, Supplier H and Supplier K were also enterprise customers of our mobility services, primarily including ride-hailing services.
To the best knowledge of our Directors, except for Tencent Cloud Computing (Beijing) Co., Ltd., which is an associate of Image Frame Investment (HK) Limited, our substantial shareholder, each of our five largest suppliers for each year during the Track Record Period is an Independent Third Party.
The revenue attributable to this subsidiary accounted for 12.7%, 18.3% and 20.3% of our total revenue, respectively, during 2021, 2022 and 2023.
Business · p. 260
Guizhou Tongyuan Group is a connected person of our Company.
Business · p. 264
China Grand Automotive Services Group Co., Ltd. is not a connected person of our Company and it is an indirect shareholder that beneficially owned approximately 7.7% of our Company as of the Latest Practicable Date.
In 2018, (i) one of our key tobacco company customers invested in Yunnan EuroChem and acquired 30% equity interests of Yunnan EuroChem from EuroChem Migao, our joint venture; and (ii) we established two joint ventures, Baoqing Migao and Anda Migao, with an important agricultural reclamation customer, Customer A, and we further consolidated the two joint ventures as our subsidiaries on 31 March 2022.
Summary · p. 7
In 2016, we acquired 51% of Daxing Migao from Zunyi Migao, with the remaining 49% owned by Guizhou Tobacco Investment, another key tobacco company customer of us.
Summary · p. 7
Our amount due to a non-controlling interest of trade nature were derived from our business transaction with Guizhou Tobacco Investment, a non-controlling interest of our Group by virtue of its being a substantial shareholder of Daxing Migao, namely, sales of finished goods and purchases of raw materials.
We have entered into certain agreements with Zhongmei Huadong, one of our substantial shareholders, who will become a connected person of our Company upon Listing and the transactions contemplated under such agreements will constitute connected transactions of our Company under Chapter 14A of the Listing Rules upon Listing.
Summary · p. 19
Zhongmei Huadong is one of our Pre-IPO Investors and a wholly owned subsidiary of Huadong Medicine.
Business · p. 368
Our Shareholders also include strategic investors, such as Huadong Medicine, which create strategic synergy with us in terms of drug development and commercialization.
As at the Latest Practicable Date, (i) Shandong Guoda is indirectly owned as to approximately 66.2% by Shandong Zhaojin Gold Smelting; and (ii) Shandong Zhaojin Gold Smelting wholly-owned our cornerstone investor, namely, Dongfang Gold Industry (Hong Kong) Limited, which will hold approximately 9.9% of the total issued share capital of our Company immediately following the completion of the Global Offering (without taking into account any Shares which may be issued upon the exercise of the Over-allotment Option and any options which may be granted under the Share Option Scheme).
Paladin is a substantial Shareholder of the Company, which held approximately 15.06% equity interest in our Company as of the Latest Practicable Date.
Business · p. 280
During the Track Record Period, save for Paladin and Mr. Dai Yongbo as disclosed above, none of our Directors, Supervisors, their respective associates, or any shareholders of the Company (who or which to the knowledge of the Directors owned more than 5% of the Company's issued share capital) had any interest in any of the aforesaid top external five fund investors.
As of the Latest Practicable Date, Neusoft Corporation indirectly held approximately 28.13% interest of our issued share capital through Neusoft (HK), Neusoft Holdings indirectly held approximately 23.58% interest of our issued share capital through Smartwave, Dongkong International Fifth and Dongkong International Seventh, and PICC P&C directly held approximately 14.41% interest of our issued share capital.
Summary · p. 14
In 2020, 2021 and 2022, Neusoft Corporation was among our five largest suppliers, accounting for 4.0%, 3.4% and 2.7% of our total purchases, respectively.
Business · p. 295
None of our Directors and, to the knowledge of our Directors, their respective close associates or any Shareholders holding more than 5% of our issued share capital has any interests in any of our five largest suppliers as of the Latest Practicable Date, except as disclosed in “History, Reorganization and Corporate Structure – Corporate Structure” and “Relationship with Neusoft Corporation and Neusoft Holdings.”