Annual Report 2020 01 CORPORATE INFORMATION

Total Page:16

File Type:pdf, Size:1020Kb

Annual Report 2020 01 CORPORATE INFORMATION CORPORATE PROFILE ABOUT SINIC HOLDINGS Sinic Holdings was listed on the Stock Exchange (Stock Code: 2103) on 15 November 2019, which marked an important milestone in the development of the Company. Sinic Holdings is a large-scale and comprehensive property developer focusing on the development of residential and commercial properties. Headquartered in Shanghai, Sinic Holdings has established a leading position among residential property developers in Jiangxi Province, and expanded into the Yangtze River Delta Region, the Greater Bay Region and the Central and Western China Core Cities and Other Regions with High-Growth Potential through ten years’ operations. Sinic Holdings focuses on developing quality properties through comprehensive standardized operating procedures. The Group implemented a series of standardized operating manuals which set forth detailed procedures and requirements for the various stages of the property development process, which have enabled the Group to achieve operating efficiency while maintain its quality standards for properties. Leveraging on its strong brand name, Sinic Holdings will continue its expansion strategies nationwide and strives to become a leading comprehensive real estate developer in China. Sinic Holdings (Group) Company Limited 新力控股(集團)有限公司 i Sinic Holdings (Group) Company Limited CONTENTS i Corporate Profile 02 Corporate Information 04 Milestones 08 Chairman’s Statement 16 Financial Highlights 20 Management Discussion and Analysis 42 Biographies of Directors and Senior Management 50 Business Portfolio and Major Property Projects 63 Land Bank Summary 68 Awards 70 Corporate Governance Report 83 Directors’ Report 98 Independent Auditor’s Report 106 Consolidated Statement of Profit or Loss 107 Consolidated Statement of Comprehensive Income 108 Consolidated Statement of Financial Position 110 Consolidated Statement of Changes in Equity 112 Consolidated Statement of Cash Flows 114 Notes to the Financial Statements 223 Definitions and Glossary 226 Financial Summary Annual Report 2020 01 CORPORATE INFORMATION BOARD OF DIRECTORS NOMINATION COMMITTEE Executive Directors Mr. Zhang Yuanlin (Chairman) Mr. Tam Chi Choi Mr. Zhang Yuanlin (Chairman) Mr. Au Yeung Po Fung Ms. Tu Jing Mr. Liu Xin Mr. She Runting (resigned on 26 May 2020) Mr. Chen Kai (resigned on 1 October 2020) COMPANY SECRETARY Independent non-executive Directors Mr. Yim Lok Kwan (ACG, ACS) Mr. Tam Chi Choi Mr. Au Yeung Po Fung AUTHORIZED REPRESENTATIVES Mr. Liu Xin Mr. Zhang Yuanlin Mr. Yim Lok Kwan (ACG, ACS) AUDIT COMMITTEE Mr. Tam Chi Choi (Chairman) AUDITOR Mr. Au Yeung Po Fung Ernst & Young Mr. Liu Xin Certified Public Accountants Registered Public Interest Entity Auditor REMUNERATION COMMITTEE 22/F, CITIC Tower 1 Tim Mei Avenue Mr. Au Yeung Po Fung (Chairman) Central, Hong Kong Mr. Zhang Yuanlin Mr. Tam Chi Choi COMPLIANCE ADVISOR Mr. Liu Xin Zhongtai International Capital Limited 02 Sinic Holdings (Group) Company Limited CORPORATE INFORMATION LEGAL ADVISER CAYMAN ISLANDS PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE Sidley Austin Conyers Trust Company (Cayman) Limited Cricket Square, Hutchins Drive REGISTERED OFFICE P.O. Box 2681 Grand Cayman, KY1-1111 Cricket Square, Hutchins Drive Cayman Islands P.O. Box 2681 Grand Cayman, KY1-1111 HONG KONG SHARE REGISTRAR Cayman Islands Computershare Hong Kong Investor Services Limited Shops 1712–1716, 17th Floor HEAD OFFICE IN THE PRC Hopewell Centre 183 Queen’s Road East 7th Floor, HongQiao Vanke Center T6 Wanchai, Hong Kong No. 988 ShenChang Road MinHang District PRINCIPAL BANKS Shanghai, China China Minsheng Bank China CITIC Bank Ping An Bank PRINCIPAL PLACE OF BUSINESS IN CMB Wing Lung Bank HONG KONG Bank of China (Hong Kong) China Construction Bank (Asia) Suites 1016-1019, 10/F Hang Seng Bank Two Pacific Place, 88 Queensway Admiralty, Hong Kong WEBSITE www.sinicdc.com STOCK CODE 2103 Annual Report 2020 03 MILESTONES 2010 2011 2012 2013 2014 2015 • Jiangxi Sinic • Won the auction • Developed the • Launched three • Built competitive • Ranked top three Properties was of a parcel of land first residential residential strengths in three among the established and located at the property project, property series, key business property acquired its first core of Nanchang Nanchang Dibo namely the “Yue”, segments, namely developers in land parcel in City Wan, in “Yuan” and “Wan” residential Jiangxi in terms of Nanchang, Jiangxi Nanchang series properties, sales GFA by Province • Developed the commercial integrating 15 first commercial properties and property projects property project, services Nanchang Sinic Center 04 Sinic Holdings (Group) Company Limited 2016 2017 2018 2019 2020 • Expanded into Suzhou • Relocated corporate • Recognized as one of • Listed on the Stock • Included as a and Huizhou to headquarters to the “2018 China’s Top Exchange on constituent of the Hang consolidate the Shanghai 50 Real Estate 15 November, 2019 Seng Composite Index, Company’s presence • Recognized as one of Developers” by China (Stock code: 2103) Hang Seng Stock across the Yangtze the “2017 China’s Top Real Estate Industry • Recognized as one of Connect Hong Kong River Delta Region, the 100 Real Estate Association, Shanghai the “2019 China’s Top Index Greater Bay Region Developers” by China Yiju Real Estate 50 Real Estate • 5S Residential Zone and the Central and Real Estate Industry Research Institution Developers” Strategy Western China Core Association, Shanghai and China Real Estate • Received the “2019 • Ranked 35th, 32nd Cities and Other Yiju Real Estate Appraisal China’s Top 100 Real and 34th respectively Regions with High- Research Institution • “2018 China’s Top 100 Estate Developers in 2020 among the Growth Potential and China Real Estate Real Estate Developers — Growth Top 10” and property developers • Nanchang Sinic Center Appraisal — Growth Top 10” “China Characteristic in the PRC in terms received the 2015 Best • Ranked top 50 among • China Characteristic Properties Outstanding of total sales amount Office Building Award the property developers Properties Outstanding Operation Enterprises according to CRIC, granted by the National in the PRC Operation Enterprises — Ecological China Index Academy Real Estate Commercial — Ecological Properties” awards and EH Consulting Association and Jiangxi Properties” • Launched Sinic 4.0 respectively Real Estate Association products • Ranked among “Top 30 Chinese Real Estate Enterprises” • 2020 China’s Top 100 Real Estate Companies — Top 10 Growth Companies • Established a Green, Social, Sustainability Financing Framework Annual Report 2020 05 uplifting our design strive for the best Taking “art, diversity, openness and compatibility” as the overall space design concept, emphasizing the internationalized forefront design of space art aesthetics, combining landscape scenes and building blocks, creating a smart curved space aesthetics and telling the poetry of space. uplifting our design strive for the best Taking “art, diversity, openness and compatibility” as the overall space design concept, emphasizing the internationalized forefront design of space art aesthetics, combining landscape scenes and building blocks, creating a smart curved space aesthetics and telling the poetry of space. CHAIRMAN’S uplifting our design STATEMENT strive for the best On behalf of the Board, I am pleased to present to the BUSINESS REVIEW shareholders the annual results, business review and outlook of the Group for the year ended 31 December Overall Property Market Development 2020 (the “Year”). Outlook 2020 was an extraordinary year for everyone. Along RESULTS OF 2020 with the outbreak of 2019 coronavirus disease (“COVID-19”), trade frictions and the pushing of the multilateral political and economic landscape, 2020 was For the Year, the Group recorded revenue of destined to be an extraordinary year in history. The approximately RMB28,069.0 million, representing a outbreak of COVID-19 had a wide impact on China’s year-on-year increase of approximately 4.0% as compared with the previous year (2019: RMB26,984.9 million). Gross profit amounted to approximately RMB6,859.6 million, representing a year-on-year decrease of approximately 14.2% as compared with the previous year (2019: RMB7,998.5 million). Profit for the year was approximately RMB2,038.5 million, representing a year-on-year increase of RMB24.2 million or 1.2% (2019: RMB2,014.3 million). The core guangzhou profit attributable to the Shareholders was approximately RMB1,868.2 million, representing a year- hai shi zhou yue on-year increase of 0.8% as compared with the previous year. The basic earnings per Share of the Group was RMB0.55. Nanchang — Heyue Binjiang 08 Sinic Holdings (Group) Company Limited CHAIRMAN’S STATEMENT macro economy, production and operation of various industries and daily life. The real estate industry became one of the most affected sectors. However, the epidemic also gave rise to new opportunities, and the online sale of properties became exceptionally hot. The Company actively adopted a strategy to cope with the situation and opened a cloud sales model to strengthen its capability for reducing inventory. At the same time, the Company is committed to further improving its management and development model through “Real estate + Internet”. 2020 is the 10th anniversary of the founding of Sinic, Nanchang – Sinic City and also the first anniversary since its listing. After ten years’ hard-working, we get to a new height. The over 90% of medium-high turnover projects developed decade from 2010 to
Recommended publications
  • Sanctioned Entities Name of Firm & Address Date
    Sanctioned Entities Name of Firm & Address Date of Imposition of Sanction Sanction Imposed Grounds China Railway Construction Corporation Limited Procurement Guidelines, (中国铁建股份有限公司)*38 March 4, 2020 - March 3, 2022 Conditional Non-debarment 1.16(a)(ii) No. 40, Fuxing Road, Beijing 100855, China China Railway 23rd Bureau Group Co., Ltd. Procurement Guidelines, (中铁二十三局集团有限公司)*38 March 4, 2020 - March 3, 2022 Conditional Non-debarment 1.16(a)(ii) No. 40, Fuxing Road, Beijing 100855, China China Railway Construction Corporation (International) Limited Procurement Guidelines, March 4, 2020 - March 3, 2022 Conditional Non-debarment (中国铁建国际集团有限公司)*38 1.16(a)(ii) No. 40, Fuxing Road, Beijing 100855, China *38 This sanction is the result of a Settlement Agreement. China Railway Construction Corporation Ltd. (“CRCC”) and its wholly-owned subsidiaries, China Railway 23rd Bureau Group Co., Ltd. (“CR23”) and China Railway Construction Corporation (International) Limited (“CRCC International”), are debarred for 9 months, to be followed by a 24- month period of conditional non-debarment. This period of sanction extends to all affiliates that CRCC, CR23, and/or CRCC International directly or indirectly control, with the exception of China Railway 20th Bureau Group Co. and its controlled affiliates, which are exempted. If, at the end of the period of sanction, CRCC, CR23, CRCC International, and their affiliates have (a) met the corporate compliance conditions to the satisfaction of the Bank’s Integrity Compliance Officer (ICO); (b) fully cooperated with the Bank; and (c) otherwise complied fully with the terms and conditions of the Settlement Agreement, then they will be released from conditional non-debarment. If they do not meet these obligations by the end of the period of sanction, their conditional non-debarment will automatically convert to debarment with conditional release until the obligations are met.
    [Show full text]
  • Appendix Iii Property Valuation
    THIS DOCUMENT IS IN DRAFT FORM, INCOMPLETE AND SUBJECT TO CHANGE AND THAT THE INFORMATION MUST BE READ IN CONJUNCTION WITH THE SECTION HEADED ‘‘WARNING’’ ON THE COVER OF THIS DOCUMENT APPENDIX III PROPERTY VALUATION The following is the text of a letter and valuation report prepared for the purpose of incorporation in this document received from Cushman & Wakefield Limited, an independent property valuer, in connection with its opinion of value of the property held by the Group in the PRC as at September 30, 2019 16th Floor Jardine House 1 Connaught Place Central Hong Kong [REDACTED] The Directors Chen Lin Education Group Holdings Limited No. 1 Lianfu Road, Xinjian County, Nanchang City, Jiangxi Province, the PRC Dear Sirs, Instructions, Purpose & We refer to the instruction of Chen Lin Education Group Holdings Limited Valuation Date (the ‘‘Company’’) for Cushman & Wakefield Limited (‘‘C&W’’)to prepare market valuation of the property in which the Company and/or its subsidiaries (together referred to as the ‘‘Group’’) have interests in the People’s Republic of China (the ‘‘PRC’’). We confirm that we have carried out inspection, made relevant enquiries and obtained such further information as we consider necessary for the purpose of providing the Company with our opinion of the value of the property as at September 30, 2019 (the ‘‘valuation date’’). Valuation Basis Our valuation of property represents its market value which in accordance with The HKIS Valuation Standards 2017 Edition issued by The Hong Kong Institute of Surveyors is defined as ‘‘the estimated amount for which an asset or liability should exchange on the valuation date between a willingbuyerandawillingsellerinanarm’s length transaction, after proper marketing and where the parties had each acted knowledgeably, prudently and without compulsion’’.
    [Show full text]
  • Jiangling Motors Corporation, Ltd. 2016 Annual Report
    Jiangling Motors Corporation, Ltd. 2016 Annual Report 2017-006 Chapter I Important Notes, Contents and Abbreviations Important Note The Board of Directors and its members, the Supervisory Board and its members, and the senior executives are jointly and severally liable for the truthfulness, accuracy and completeness of the information disclosed in the report and confirm that the information disclosed herein does not contain any false statement, misrepresentation or major omission. Chairman Qiu Tiangao, CFO Gong Yuanyuan and Chief of Finance Department, Ding Ni, confirm that the Financial Statements in this Annual Report are truthful and complete. All Directors were present at the Board meeting to review this Annual Report. The prospective description regarding future business plan and development strategy in this report does not constitute virtual commitment. The investors shall pay attention to the risk. All financial data in this report are prepared under International Financial Reporting Standards (‘IFRS’) unless otherwise specified. The Annual Report is prepared in Chinese and English. In case of discrepancy, the Chinese version will prevail. The year 2016 profit distribution proposal approved by the Board of Directors is as follows: A cash dividend of RMB 6.1 (including tax) will be distributed for every 10 shares held based on the total share capital of 863,214,000 shares, and there is no stock dividend. The Board decided not to convert capital reserve to share capital this time. 1 Contents Chapter I Important Notes, Contents and Abbreviations ............................... 1 Chapter II Brief Introduction and Operating Highlight .................................... 3 Chapter III Operating Overview ...................................................................... 5 Chapter IV Management Discussion and Analysis .........................................
    [Show full text]
  • China Fangda Group Co., Ltd
    Interim Report 2020 of China Fangda Group Co., Ltd. China Fangda Group Co., Ltd. 2020 Interim Report August 2020 1 Interim Report 2020 of China Fangda Group Co., Ltd. Chapter I Important Statement, Table of Contents and Definitions The members of the Board and the Company guarantee that the interim report is free from any false information, misleading statement or material omission and are jointly and severally liable for the information’s truthfulness, accuracy and integrity. Mr. Xiong Jianming, the Chairman of Board, Mr. Lin Kebin, the Chief Financial Officer, and Mr. Wu Bohua, the manager of accounting department declare: the Financial Report carried in this report is authentic and completed. All the Directors have attended the meeting of the board meeting at which this report was examined. Forward-looking statements involved in this report including future plans do not make any material promise to investors. Investors should pay attention to investment risks. The Company has specified market, management and production and operation risks in this report. Please review the 10. Risks Facing the Company and Measures in Chapter 4 Operation Discussion and Analysis. The Company will distribute no cash dividends or bonus shares and has no reserve capitalization plan. 2 Interim Report 2020 of China Fangda Group Co., Ltd. Table of Contents Chapter I Important Statement, Table of Contents and Definitions .........................................................................................................2 Chapter II About the Company and
    [Show full text]
  • Study on the Current Situation and Countermeasures of Community
    2020 5th International Conference on Education and Social Development (ICESD 2020) ISBN: 978-1-60595-676-3 Study on the Current Situation and Countermeasures of Community Sports Development in Xinjian District of Nanchang City Jian-Jun CHENG Jiangxi Vocational Technical College of Industry Trade, Jiangxi, Nanchang, China [email protected] Keywords: New area; Community sports; Development status; Countermeasures. Abstract. This paper takes 8 communities in Xinjian district of Nanchang city who participate in morning and evening physical exercise as the research object. The research methods mainly include literature, questionnaire, field survey and statistical analysis. The age, gender, location and items of the people who often take part in physical exercise in the community in Xinjian district of Nanchang city were investigated and analyzed. Conclusions: (1) There is a lack of sports equipment and venues for people to exercise in the newly-built communities in Nanchang. People who often participate in exercise mainly choose public welfare venues for exercise, while fewer people choose fee-paying venues for exercise. (2) People who often participate in physical exercise in Xinjian district of Nanchang city mainly take morning exercise and evening exercise in their choice of exercise time. More women than men participate in physical exercise regularly. At the same time, the elderly people mainly participate in physical exercise, followed by children and young people, and the middle-aged people participate in physical exercise least. Research Object In this study, 10 communities in Xinjian district of Nanchang city who participated in morning and evening physical exercise were selected as the research objects. Research Methods Literature Method Through the library of Jiangxi vocational and technical college of industry and trade, literature search was conducted on CNKI with "community sports" as the key word.
    [Show full text]
  • China Fangda Group Co., Ltd
    2017 Interim Report of China Fangda Group Co., Ltd. China Fangda Group Co., Ltd. 2017 Interim Report Jul. 2017 1 2017 Interim Report of China Fangda Group Co., Ltd. Chapter 1 Important Statement, Table of Contents and Definitions The members of the Board and the Company guarantee that the interim report is free from any false information, misleading statement or material omission and are jointly and severally liable for the information’s truthfulness, accuracy and integrity. Mr. Xiong Jianming, the Chairman of Board, Mr. Lin Kebin, the Chief Financial Officer, and Mr. Wu Bohua, the manager of accounting department declare: the Financial Report carried in this report is authentic and completed. Directors other than the following ones have attended the Board meeting to review the interim report. Name of absent director Position of absent director Reason Name of proxy Guo Jinlong Independent director Business engagement Deng Lei Forward-looking statements involved in this report including future plans do not make any material promise to investors. Investors should pay attention to investment risks. The Company has specified market, management and production and operation risks in this report. Please review the 10. Risks Facing the Company and Measures in Chapter 4 Operation Discussion and Analysis. The Company will distribute no cash dividends or bonus shares and has no reserve capitalization plan. 2 2017 Interim Report of China Fangda Group Co., Ltd. Table of Contents Chapter 1 Important Statement, Table of Contents and Definitions .........................................................................................................2
    [Show full text]
  • Minimum Wage Standards in China August 11, 2020
    Minimum Wage Standards in China August 11, 2020 Contents Heilongjiang ................................................................................................................................................. 3 Jilin ............................................................................................................................................................... 3 Liaoning ........................................................................................................................................................ 4 Inner Mongolia Autonomous Region ........................................................................................................... 7 Beijing......................................................................................................................................................... 10 Hebei ........................................................................................................................................................... 11 Henan .......................................................................................................................................................... 13 Shandong .................................................................................................................................................... 14 Shanxi ......................................................................................................................................................... 16 Shaanxi ......................................................................................................................................................
    [Show full text]
  • Jiangxi Bank Co., Ltd
    THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in doubt as to any aspect of this circular or as to the action to be taken, you should consult your stockbroker or other registered dealer in securities, bank manager, solicitor, professional accountant or other professional adviser. If you have sold or transferred all your shares in Jiangxi Bank Co., Ltd.*, you should at once hand this circular, together with the accompanying form of proxy for the AGM and the class meeting of H Shareholders, to the purchaser or the transferee or to the bank, stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee. Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, 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 circular. JIANGXI BANK CO., LTD.* 江西銀行股份有限公司* (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 1916) 2020 WORK REPORT OF THE BOARD OF DIRECTORS 2020 WORK REPORT OF THE BOARD OF SUPERVISORS 2020 ANNUAL FINANCIAL STATEMENTS REPORT 2021 FINANCIAL BUDGET PLAN 2020 PROFIT DISTRIBUTION PLAN 2021 CAPITAL EXPENDITURE PLAN ENGAGEMENT OF AUDIT INSTITUTIONS FOR 2021 REMUNERATION PACKAGE FOR INDEPENDENT DIRECTORS REMUNERATION PACKAGE FOR EXTERNAL SUPERVISORS ENGAGEMENT OF CONVERTIBLE NEGOTIATED DEPOSIT BUSINESS TO REPLENISH ADDITIONAL TIER-ONE CAPITAL AND ISSUANCE OF SHARES UNDER A SPECIAL MANDATE ELECTION OF MR.
    [Show full text]
  • Potential Impact of Flooding on Schistosomiasis in Poyang Lake
    Xue et al. Parasites Vectors (2021) 14:116 https://doi.org/10.1186/s13071-021-04576-x Parasites & Vectors RESEARCH Open Access Potential impact of fooding on schistosomiasis in Poyang Lake regions based on multi-source remote sensing images Jing‑Bo Xue1,2,3,4,5, Xin‑Yi Wang1,2,3,4,5, Li‑Juan Zhang1,2,3,4,5, Yu‑Wan Hao1,2,3,4,5, Zhe Chen6,7, Dan‑Dan Lin6,7, Jing Xu1,2,3,4,5, Shang Xia1,2,3,4,5*† and Shi‑Zhu Li1,2,3,4,5*† Abstract Background: Flooding is considered to be one of the most important factors contributing to the rebound of Oncomelania hupensis, a small tropical freshwater snail and the only intermediate host of Schistosoma japonicum, in endemic foci. The aim of this study was to assess the risk of intestinal schistosomiasis transmission impacted by food‑ ing in the region around Poyang Lake using multi‑source remote sensing images. Methods: Normalized Diference Vegetation Index (NDVI) data collected by the Landsat 8 satellite were used as an ecological and geographical suitability indicator of O. hupensis habitats in the Poyang Lake region. The expansion of the water body due to fooding was estimated using dual‑polarized threshold calculations based on dual‑polarized synthetic aperture radar (SAR). The image data were captured from the Sentinel‑1B satellite in May 2020 before the food and in July 2020 during the food. A spatial database of the distribution of snail habitats was created using the 2016 snail survey in Jiangxi Province. The potential spread of O.
    [Show full text]
  • Contracted Sales Monthly News Centre
    Investor Newsletter June 2020 (Issue 4) (2103.HK) Share information Contracted Sales Closing price HK$4.20 (23/06/2020) § Sinic Holdings is pleased to announce that the contracted sales amount, together with its joint ventures and associates, for the four months ended 31 May 2020 was approximately Scope of 52 weeks HK$3.72-4.33 RMB32.73 billion, of which RMB9.3 billion was recorded in May 2020. Market cap HK$14.99 billion Shares issued 3,570 million shares Monthly News Centre Date of listing 15/11/2019 § Sinic Holdings won the Best 5 China Real Estate Listed Companies of Growth by 2020 (26/5)The " 2020 China Real Estate and Property Management Services Listed Companies Appraisal Results Conference" jointly conducted by the China Real Estate Association and the Shanghai E-House Real Estate Research Institute China Real Summary dated 31/12/2019 Estate Appraisal Center was held in Shanghai. Many experts and scholars in the real estate industry, representatives of well- known financial investment institutions and outstanding real Revenue RMB26,984.9 million estate companies participated in the event. Benefiting from the steady growth of Comprehensive strength and outstanding Gross margin RMB7,998.5 million market performance, Sinic Holdings (02103.HK) successfully won two heavyweight awards: "2020 Best 5 China Real Estate Profit RMB1,957.8 million Listed Companies of Growth" and "2020 Best 50 China Real attributable to Estate Companies with Strongest Comprehensive Strengths". In the first year of listing, Sinic shareholders Holdings achieved such good results, which means that Sinic Holdings' capital market value has been recognized by authoritative institutions.
    [Show full text]
  • Chinese Mainland
    Address List of Special Warehousing Service Note: The address marked in red are newly added address. (Effective date:October 1, 2021) Province / Directly- controlled City District/county Town, Sub-district and House Number Municipality / Autonomous Region/SAR B4-25, Gate 1, ProLogis Logistics Park, No.1 Tiedi Road, Anhui Province Hefei Shushan District High-tech Zone No.18 Tianzhushan Road, Longshan Sub-district, Wuhu Anhui Province Wuhu Jiujiang District Economic and Technological Development Zone Anhui Province Chuzhou Langya District Longji Leye Photovoltaic Co., Ltd., No.19 Huai'an Road 3/F, No.8 Building, South Area, Lixiang Innovation Park, Anhui Province Chuzhou Nanqiao District Chuzhou, 018 Township Road Anhui Province Chuzhou Nanqiao District No.19 Huai'an Road Yuanrong New Material Holding Co., Ltd., 50 Meters Anhui Province Hefei Shushan District Westward of Bridge of Intersection of Changning Avenue and Ningxi Road Anhui Province Hefei Yaohai District No.88 Dayu Road Anhui Province Hefei Yaohai District No.2177 Dongfang Avenue Beijing BOE Vision-Electronic Technology Co., Ltd., No. Anhui Province Hefei Yaohai District 2177 Dongfang Avenue Anhui Province Hefei Yaohai District No.668 Longzihu Road Anhui Province Hefei Yaohai District No. 668 Longzihu Road Anhui Province Hefei Yaohai District No.2177 Tongling North Road Anhui Province Hefei Yaohai District No.3166 Tongling North Road Anhui Province Hefei Yaohai District No.8 Xiangwang Road Anhui Province Wuhu Jiujiang District No. 8 Anshan Road Anhui Province Wuhu Jiujiang District
    [Show full text]
  • Sinic Holdings
    (Incorporated in the Cayman Islands with limited liability) Stock Code: 2103 GLOBAL OFFERING Joint Sponsors Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers Joint Bookrunners and Joint Lead Managers IMPORTANT IMPORTANT: If you are in any doubt about any of the contents of this prospectus, you should seek independent professional advice. Sinic Holdings (Group) Company Limited 新力控股(集團)有限公司 (Incorporated in the Cayman Islands with limited liability) GLOBAL OFFERING Number of Offer Shares under : 529,412,000 Shares (subject to the the Global Offering Over-allotment Option) Number of Hong Kong Offer Shares : 52,942,000 Shares (subject to adjustment) Number of International Offer Shares : 476,470,000 Shares (subject to adjustment and the Over-allotment Option) Offer Price (subject to a Downward Offer : Not more than HK$4.25 and not less than Price Adjustment) HK$3.30 per Hong Kong Offer Share, plus brokerage fee of 1%, SFC transaction levy of 0.0027% and Hong Kong Stock Exchange trading fee of 0.005% (payable in full on application in Hong Kong dollars and subject to refund) (If the Offer Price is set at 10% below the bottom end of the indicative Offer Price range after making a Downward Offer Price Adjustment, the Offer Price will be HK$2.97 per Hong Kong Offer Share) Nominal value : HK$0.01 per Share Stock code : 2103 Joint Sponsors Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers Joint Bookrunners and Joint Lead Managers Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this prospectus, 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 prospectus.
    [Show full text]