Such loans were mainly used for our production expansion plans and the below balance as of the dates indicated is of non-trade nature.
Financial Information · 第 402 页
As of December 31, 2021, we had balance of loans and interests payable of RMB1,503.4 million, including loans of RMB1,500.0 million that bore an interest rate of 6.36%, and the interests payable of RMB3.4 million.
Financial Information · 第 403 页
As of the Latest Practicable Date, all loans and interests due to related parties have been repaid in full.
During the Track Record Period, we mainly derived our rental income from MoneySQ Limited which is a related party, and fellow subsidiaries mainly including Konew Capital, Honip Credit and Maxcolm Finance, which we received from sub-leasing office premise to them.
Financial Information · 第 262 页
The decrease was primarily due to termination of the sub-lease arrangement of an office premise to Konew Capital and Maxcolm Finance, hence we ceased to receive rental income under such arrangement.
Financial Information · 第 267 页
As of December 31, 2020, 2021, 2022, May 31, 2023, our amounts due to related parties was HK$35.7 million, HK$33.3 million, HK$28.5 million and HK$26.5 million, respectively, all of which were non-trade nature.
升辉清洁集团控股有限公司Shenghui Cleanness Group Holdings Limited02521.HK
控股股东垫款及关联方非贸易余额
During the Track record Period, we met our working capital needs through a combination of cash generated from operations, bank borrowings and advances from Mr. Chen and Mr. Li.
Financial Information · 第 319 页
As at 31 December 2020, 2021 and 2022 and 30 June 2023, amounts due to related parties totalling approximately RMB238,000, RMB7.7 million, RMB15.2 million and RMB17.5 million, respectively, were of non-trade nature, which the balance of RMB7.7 million, RMB15.2 million and RMB17.5 million as at 31 December 2021 and 2022 and 30 June 2023, respectively was mainly comprised of the advances from Mr. Li from the settlement of Listing expenses.
Financial Information · 第 338 页
Balances with related parties above are unsecured, interest-free and repayable on demand, except for the loan due from Mr. Li amounting to RMB5.6 million as at 31 December 2020 which carried an interest of RMB12,600 was settled in January 2021 and the amount due to Mr. Li of approximately RMB11.8 million as at 31 December 2021 which carried an interest rate of approximately 0.36% per annum was settled in December 2021.
国鸿氢能科技（嘉兴）股份有限公司Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd.09663.HK
与关联方存在交易及往来余额
Our Directors are of the view that each of the related party transactions set out in Note 39 of the Accountant's Report as Appendix I to this prospectus was conducted on an arm's length basis in the ordinary course of business and with normal commercial terms between the relevant parties.
Financial Information · 第 479 页
All of the related party balances as of 31 May 2023 were trade in nature.
Financial Information · 第 480 页
In addition, we made a loan of RMB5.0 million to Yikongtong Aerospace, a former joint venture of our Group to finance its day-to-day operations, and received interest income of RMB0.1 million for the year ended 31 December 2021.
山西省安装集团股份有限公司Shanxi Installation Group Co., Ltd.02520.HK
关联方贷款及应收关联方款项
The purpose of provision of loans to its associates and former associates was mainly for financing some construction projects, which our Group also invested in through shareholders loan to the relevant project companies which the Company has equity interests in.
Financial Information · 第 559 页
In addition, the former associates are the indirect wholly-owned subsidiaries of Shanxi CIG as at December 31, 2020, 2021 and 2022 and June 30, 2023, of which Shanxi CIG has undertaken the balances of loans to former associates as at December 31, 2020, 2021 and 2022 and June 30, 2023 to compensate to the Group in full for any failure of repayment.
Financial Information · 第 560 页
Our Directors believe that each of the related-party transactions set out in note 49 in the Accountants' Report in Appendix I to this prospectus was conducted in the ordinary course of business on an arm's-length basis between the relevant parties and was entered into on normal commercial terms.
During the Track Record Period, procurement of raw materials for the WXB Group was conducted on a centralized basis, which had enabled us to benefit from the substantial economies of scale that are associated with the magnitude of the global business of the WXB Group.
Business · 第 212 页
Our other income primarily consisted of (i) rental income and other related income, arising from the lease of our assembly center to the Remaining WXB Group, (ii) sales of materials to related parties, primarily related to intercompany transfer of materials to the Remaining WXB Group, (iii) interest income from banks, and (iv) research and other grants related to income, which primarily related to awards recognizing our contribution to the high-tech industry and economy.
Financial Information · 第 319 页
Trade receivables from related parties primarily comprised outstanding amounts receivable from the Remaining WXB Group.
These transactions mainly involved (i) selling products to Guangdong Santouliubi Information Technology Co., Ltd. and (ii) purchasing products from and selling products to our associates, with total amounts of RMB2.2 million, RMB4.5 million, RMB2.3 million, and RMB0.9 million in 2020, 2021, 2022 and four months ended April 30, 2023, respectively.
Financial Information · 第 355 页
Our Directors confirm that all material related party transactions during the Track Record Period were conducted at arm's length and would not distort our results of operations or make our historical results over the Track Record Period not reflective of our expectations for future performance.
Our Directors believe that our transactions with related parties during the Track Record Period were conducted on an arm’s length basis, and they did not distort our results of operations or make our historical results not reflective of our future performance.
Financial Information · 第 485 页
Our Directors confirm that all loans or guarantees provided by or to our related parties, if any, will be fully repaid or released before the Listing.
Financial Information · 第 485 页
As relevant closing conditions under the investment agreement had not been met, the Group entered into a supplemental agreement to the investment agreement with Hangzhou Penguin Technology Co., Ltd. on June 6, 2023, pursuant to which the parties have agreed not to proceed with closing under the investment agreement and Hangzhou Penguin Technology Co., Ltd. shall repay the prepayments of RMB10.0 million, together with an utilisation fee calculated with reference to the bank deposit interest rate for the same period, in six instalments based on the schedule agreed by both parties before December 31, 2023.
Chengming Management was identified as a related party of our Group from August 2022 to May 2023 as it was controlled by Ms. Yang.
Financial Information · 第 333 页
Chengming Management was subsequently disposed to Independent Third Parties in May 2023 and ceased to be a related party of our Group since then.
Financial Information · 第 333 页
Our Directors are of the view that each of the related party transactions set out in Note 39 to the Accountants’ Report in Appendix I was conducted in the ordinary course of business and with normal commercial terms between the relevant parties.
During the Track Record Period, we entered into loans agreements with our related parties and third parties.
Financial Information · 第 379 页
We expect that substantially all the non-trade balances with related parties will be settled prior to Listing.
Financial Information · 第 379 页
Our Directors believe that the related party transactions were carried out on an arm’s length basis and will not distort our results during the Track Record Period or make such results not reflective of our future performance.
For the year ended 31 December 2020, we have provided integrated IT solutions services to Shuguang Maiyue which generated RMB41.9 million.
Financial Information · 第 374 页
The non-trade related balances with related parties (excluding the amount due from Digital Guangxi for Shuguang Maiyue) have been settled.
Financial Information · 第 375 页
Our Directors confirmed that all related party transactions during the Track Record Period were conducted on normal commercial terms that are reasonable and in the interest of our Group as a whole.
十月稻田集团股份有限公司Shiyue Daotian Group Co., Ltd.09676.HK
向关联农民专业合作社采购稻米
We purchased paddy from entities controlled by our equity shareholders of RMB30.0 million, RMB102.5 million and RMB6.5 million in 2020, 2021 and 2022, respectively.
Financial Information · 第 340 页
Supplier G is a group of farmers cooperatives controlled by Mr. Zhao Wenchen, a connected person of the Company, which had been dissolved in 2022.
Business · 第 202 页
During the Track Record Period, the prices of the paddy at which Supplier G sold to us were generally in line with the prevailing local market price, and such prices were similar to those offered by independent suppliers.
绿源集团控股(开曼)有限公司Luyuan Group Holding (Cayman) Limited02451.HK
向关联方Linyi Luyuan提供贷款已违约并收回
The balances due from a related party represented the loan to Linyi Luyuan Real Estate Co., Ltd. (“Linyi Luyuan”) in 2019, which were secured by apartments and shops owned by Linyi Luyuan with an effective annual interest rate of 6%.
Financial Information · 第 381 页
As Linyi Luyuan has defaulted on the loan, we have initiated legal proceedings against it for the total outstanding amount of RMB15.0 million.
Financial Information · 第 381 页
As a result, the balance of loans to a related party as of December 31, 2022 of RMB11.0 million had been fully settled as of the Latest Practicable Date.
We expect that certain non-trade balances with related parties will not be fully settled prior to the Listing, including (i) amounts due from related parties, (ii) loans to related parties,
Financial Information · 第 469 页
Our Directors are of the view that the related party transactions set out in Note 44 Related Party Transactions and Balances to the Accountants' Report in Appendix I to this prospectus, which primarily include amounts due to related parties, amounts due from related parties, loans to related parties, deposit for the acquisition of a subsidiary, were conducted in the ordinary course of our business, on an arm's length basis and on normal commercial terms between the relevant parties.
Financial Information · 第 468 页
After its deconsolidation as of June 15, 2022, Yoplait China became our associate and such loan was reclassified as loans to related parties.
During the Track Record Period, we entered into a number of related party transactions, pursuant to which: (i) we purchased goods and services (such as medical consumables and smart healthcare products, as well as technical, maintenance and other services) from certain related parties; (ii) we purchased fixed assets from certain related parties; (iii) we purchased right-of-use assets from certain related parties; (iv) we purchased patented technology from a certain related party; (v) we sold services (such as cloud hospital platform services, Internet medical services, health management services and smart healthcare services) to certain related parties; (vi) we obtained financial support from a certain related party; (vii) we obtained lease and property services from certain related parties; (viii) we disposed of equity interests and transferred such to certain related party; and (ix) we accepted a guarantee from a certain related party, among other things.
Financial Information · 第 438 页
For the non-trade amounts due to related parties, our Directors confirm that all of such amounts will be settled prior to the Listing.
Supplier M is indirectly wholly-owned by CSPC through its subsidiary as of the Latest Practicable Date, and is regarded as our related party and a connected person.
Business · 第 471 页
For the years ended December 31, 2021 and 2022, the aggregate purchases attributable to supplier M were RMB4.0 million and RMB2.2 million, respectively.
Business · 第 471 页
During the Track Record Period, except for supplier M, none of our five largest suppliers was our related parties.
As of December 31, 2020, 2021 and 2022 and April 30, 2023, amounts due to related parties was RMB0.3 million, RMB3.1 million and RMB9.7 million and nil, respectively, and amounts due from related parties was RMB0.2 million, RMB0.1 million and RMB0.6 million and RMB0.2 million, respectively.
Financial Information · 第 411 页
All loans, advances, non-trade balances due to and from the related parties are expected to be settled before the Global Offering.
Financial Information · 第 411 页
All the balances due to related parties which are non-trade in nature had been settled as of the Latest Practicable Date.
we recognized RMB5.6 million, RMB6.0 million, and RMB0.7 million in 2021, 2022 and the four months ended April 30, 2023, respectively, for the expenses of the share-based payment for her compensation according to the accounting standard.
Financial Information · 第 399 页
It is the view of our Directors that our related party transactions during the Track Record Period (i) were conducted in the ordinary and usual course of business and on normal commercial terms between the relevant parties, and (ii) do not distort our Track Record Period results or make our historical results not reflective of future performance.
众安智慧生活服务有限公司Zhong An Intelligent Living Service Limited02271.HK
往绩期间关联方交易及往来余额
In 2020, 2021 and 2022, we recorded revenue from providing property management services to related parties in the amount of approximately RMB37.8 million, RMB34.0 million and RMB32.9 million, our revenue from providing related parties with value-added services mainly to property developers such as sales office management services and preliminary planning and design consultancy services amounted to approximately RMB32.0 million, RMB52.7 million and RMB53.8 million, and our revenue from providing related parties with community value-added services (such as car parking space sales agency services) amounted to approximately RMB3.2 million, RMB17.2 million and RMB23.1 million.
Financial Information · 第 436 页
Zhejiang Anyuan Nongye is an indirect non-wholly owned subsidiary of Zhong An, one of our Controlling Shareholders, and thus a connected person of our Group.
Business · 第 275 页
As of December 31, 2020, 2021 and 2022, our non-trade related amounts due from related companies amounted to approximately RMB45.0 million, RMB236,000 and nil, respectively.
During the Track Record Period, we had entered into certain related party transactions, details of which are set out in note 28 to the Accountants’ Report.
Financial Information · 第 271 页
Having considered that the amounts of these related party transactions as compared to the revenue generated by our Group, our Directors are of the view that the aforesaid related party transactions did not distort our financial results during the Track Record Period or cause our Track Record Period results to be unreflective of our future performance.