DOCSLIB.ORG

Annual Report 2014 Corporate Profile

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2014 Corporate Profile GREENTOWN CHINA HOLDINGS LIMITED GREENTOWN Annual Report 2014 GREENTOWN CHINA HOLDINGS LIMITED Hangzhou Headquarters 10/F, Block A, Century Plaza, No.1 Hangda Road, Hangzhou, Zhejiang, PRC (Postcode: 310007) Tel: (86-571) 8898 8888 Fax: (86-571) 8790 1717 Hong Kong Office Rm 1406-1408, New World Tower 1 16-18 Queen's Road Central, Hong Kong Tel: (852) 2523 3138 Fax: (852) 2523 6608 www.chinagreentown.com GREENTOWN CHINA HOLDINGS LIMITED Design and Production by: iOne Financial Press Limited (incorporated in the Cayman Islands with limited liability) Website: www.ione.com.hk (Stock Code: 03900) to your home of Greentown. WelcomeWalk into a world of luxury and style. Transform your dreams into reality here. From the minute you set foot on the majestic doorway that leads into the elegant hallway, you will be embraced by the luxury and grace of a bygone era. Traditional style combined with contemporary detailing gives the place a personal touch with a flair of splendour. Each unit is tastefully designed for home lovers who have an eye for quality and beauty. Nestled in breath-taking landscaped gardens, these homes allow you to experience the magical powers of nature in your own private setting. Join the Greentown family and live the dream of many others today. Find your home with Greentown and enjoy the luxury of life with peace of mind. Contents Corporate Profile 002 Biographical Details of Directors and Senior Management 037 Corporate Information 004 Sustainability and Corporate Social Responsibility 043 Financial Highlights 006 Investor Relations 049 Chairman’s Statement 007 Corporate Governance Report 054 Property Portfolio 010 Report of the Directors 062 Management Discussion and Analysis 022 Independent Auditor’s Report 080 Consolidated Financial Statements 082 Definition 200 Corporate Profile 002 Greentown China Holdings Limited Annual Report 2014 Corporate Profile GREENTOWN CHINA HOLDINGS LIMITED Since its establishment 20 years ago, On 8 June 2012, Wharf was introduced IS ONE OF THE LEADING PROPERTY the Group has been based in Zhejiang as a strategic shareholder of Greentown. DEVELOPERS IN CHINA. IT COMMANDS A Province, one of the most economically The aggregate investment from Wharf LEADING POSITION IN THE INDUSTRY BY vibrant provinces in the PRC. With property amounted to approximately HK$5.1 billion LEVERAGING ON ITS QUALITY PROPERTIES. projects covering most of the economically (equivalent to approximately RMB4.16 WE HAVE BEEN RANKED FOR TEN prosperous cities in Zhejiang Province such billion), including the subscription of CONSECUTIVE YEARS AS ONE OF “THE as Hangzhou, Ningbo, Wenzhou, Taizhou, approximately 490 million placing shares TOP 100 CHINA REAL ESTATE COMPANIES: Shaoxing and other cities amongst the Top and the subscription of convertible TOP 10 CHINA REAL ESTATE COMPANIES 100 national most competitive county-level securities (which has been redeemed in IN TERMS OF COMPREHENSIVE STRENGTH” cities in Zhejiang Province, the Group has a full in February 2014). As of 31 December JOINTLY BY THREE AUTHORITATIVE sizable operation scale and enjoys a wide 2014, Wharf (through its wholly-owned INSTITUTIONS, NAMELY DEVELOPMENT recognition. The Group has successfully subsidiary) was interested in 24.29% of the RESEARCH CENTER OF THE STATE set foot in other major cities located in total issued share capital of the Company. COUNCIL, TSINGHUA UNIVERSITY REAL Yangtze River Delta, including Shanghai, ESTATE RESEARCH CENTER AND CHINA Nanjing, Suzhou, Wuxi and major cities On 23 December 2014, CCCG entered into INDEX INSTITUTE, AND WAS AGAIN in Bohai Rim Economic Belt, including a share purchase agreement with Mr SONG NAMED “THE TOP 100 CHINA REAL Beijing, Tianjin, Qingdao, Jinan, Dalian Weiping and other related shareholders ESTATE COMPANIES: TOP 10 CHINA and other provincial cities, such as Hefei pursuant to which CCCG agreed to acquire REAL ESTATE COMPANIES IN TERMS OF in Anhui Province, Zhengzhou in Henan an aggregate of 524,851,793 shares of CORPORATE SIZE”. WITH THE EFFORTS Province, Changsha in Hunan Province, the Company at HK$11.46 per share in ON SAFEGUARDING THE BUILDING OF and Urumqi in Xinjiang, which enabled the cash (representing a total consideration PROPERTIES AND CHARITY SERVICES, operating results to grow continuously and of approximately HK$6.015 billion). The GREENTOWN WAS AWARDED “CHINA established an excellent brand image in transaction was completed on 27 March REAL ESTATE ENTERPRISES WITH SENSE various cities. 2015. As at the date of this Report, CCCG OF SOCIAL RESPONSIBILITY”. is interested in 24.29% of the total issued Being one of the leading large-scale share capital of the Company and it, In March 2014, Greentown China Holdings property developers in the PRC and well along with Wharf, become co-largest Limited was named the “2014 Top 10 known for its brand image of “building shareholders of the Company. China Real Estate Companies”, “2014 high-end positioned properties”, Top 10 China Real Estate Companies in Greentown successfully offers a wide On 31 December 2014, the total land bank terms of Comprehensive Strength”. “2014 range of high quality properties including of Greentown Group in China comprised Top 10 China Real Estate Companies in villa, multistory apartment and high- a total GFA of over 34.89 million sqm, terms of Comprehensive Development” rise apartment. On the basis of high-end ensuring Greentown Group’s sustainable and “2014 Top 10 China Real Estate housing, Greentown also develops large and steady development in the coming Companies in terms of City Coverage”. community and urban complex projects future. Leveraging on its quality human Greentown received these honors at such as integrated residences, hotels, resources and highly-effective corporate the press conference of the Top 500 shopping malls, office buildings, schools management structure, Greentown has China Real Estate Companies Survey and public buildings and other commercial established a strong presence in all cities jointly organized by the China Real Estate properties. Greentown focuses on urban where it operates. The Group’s experience Research Association, the China Real development and is committed to building in developing numerous high-quality Estate Association and the China Real a quality lifestyle for more people. projects and outstanding operational Estate Appraisal. capabilities have provided a strong momentum for its further expansion. Greentown China Holdings Limited Annual Report 2014 003 Corporate Information As at 31 December 2014: Board of Directors Independent Non-Executive Directors Nomination Committee Mr JIA Shenghua Executive Directors Mr SZE Tsai Ping, Michael (Chairman) Mr KE Huanzhang Mr SONG Weiping (Chairman) Mr SHOU Bainian Mr SZE Tsai Ping, Michael Mr SHOU Bainian Mr TSUI Yiu Cheung Mr HUI Wan Fai (Executive Vice Chairman) Mr HUI Wan Fai Mr LUO Zhaoming (Vice Chairman) Audit Committee Mr GUO Jiafeng Remuneration Committee Mr SZE Tsai Ping, Michael (Chairman) Mr CAO Zhounan Mr JIA Shenghua (Chairman) Mr TSUI Yiu Cheung Mr SHOU Bainian Mr JIA Shenghua Non-Executive Directors Mr NG Tin Hoi, Stephen Mr HUI Wan Fai Mr NG Tin Hoi, Stephen Mr SZE Tsai Ping, Michael Mr TSUI Yiu Cheung Notes: The following changes have been effected during the year ended 31 December 2014: (i) The resignation of Mr JIANG Wei as an independent non-executive Director, and a member of the audit committee with effect from 8 August 2014. (ii) The retirement of Mr TANG Shiding by rotation as an independent non-executive Director and ceased to be a member of the audit committee and the nomination committee on 27 June 2014. The following changes have been effected from 27 March 2015: (i) The appointment of Mr ZHU Bixin as an executive Director, co-chairman of the Board and a member of the nomination committee; (ii) The appointment of Mr SUN Guoqiang as an executive Director, a member of the investment committee in place of Mr SHOU Bainian and a member of the remuneration committee; (iii) The appointment of Mr Andrew CHOW as a non-executive Director, a vice chairman of the Board and a member of the remuneration committee and the investment committee in place of Mr NG Tin Hoi, Stephen; (iv) The re-designation of Mr SONG Weiping from the chairman of the Board to a co-chairman of the Board; (v) The resignation of Mr LUO Zhaoming as an executive Director and vice chairman of the Board; (vi) The resignation of each of Mr GUO Jiafeng and Mr CAO Zhounan as an executive Director; (vii) The resignation of Mr NG Tin Hoi, Stephen as a non-executive Director and a member of the remuneration committee and the investment committee; and (viii) The resignation of Mr SHOU Bainian as an executive vice chairman of the Board and a member of the investment committee. 004 Greentown China Holdings Limited Annual Report 2014 Corporate Information Registered Office Company Secretary Investor Relations Maples Corporate Services Limited Mr FUNG Ching, Simon Email: [email protected] PO Box 309, Ugland House Tel: (852) 2523 3138 South Church Street Authorized Representatives Fax: (852) 2523 6608 George Town, Grand Cayman Mr SHOU Bainian KY1-1104, Cayman Islands Mr FUNG Ching, Simon Public Relations Hill + Knowlton Strategies Asia Share Registrar in Hong Kong Principal Bankers Email: [email protected] Computershare Hong Kong Investor Bank of China Limited Tel: (852) 2894 6321 Services Limited Industrial and Commercial Bank of China Fax: (852) 2576 1990 Shops 1712–1716, Limited 17th Floor, Hopewell Centre Agricultural Bank of China Limited
Load more

Recommended publications
  • Three Red Lines” Policy
    Real Estate Developers with High Leverage to See Inventory Quality Tested Under Broader “Three Red Lines” Policy October 28, 2020 In our view, the widening of regulations aimed at controlling real estate developers’ interest- ANALYSTS bearing debt would further reduce the industry’s overall credit risk in the long term. However, the nearer term may see less headroom for highly leveraged developers to finance in the capital Xiaoliang Liu, CFA market, pushing them to sell off inventory to ease liquidity pressure. Beijing +86-10-6516-6040 The People’s Bank of China said in September that measures aimed at monitoring the funding [email protected] and financial management of key real estate developers will steadily be expanded. Media reports suggest that the new regulations would see a cap of 15% on annual growth of interest-bearing Jin Wang debt for all property developers. Developers will be assessed against three indicators, which are Beijing called “red lines”: whether asset liability ratios (excluding advance) exceeded 70%; whether net +86-10-6516-6034 gearing ratio exceeded 100%; whether cash to short-term debt ratios went below 1.0. Developers [email protected] which breached all three red lines won’t be allowed to increase their debt. If only one or two of the red lines are breached, such developers would have their interest-bearing debt growth capped at 5% and 10% respectively. The first half of the year saw debt grow rapidly among developers. In a sample of 87 real estate developers that we are monitoring, more than 40% saw their interest-bearing debt grow at a faster rate than 15% year over year as of the end of June (see the chart below).
    [Show full text]
  • Nosocomial Co-Transmission of Avian Influenza A(H7N9)
    SYNOPSIS Nosocomial Co-Transmission of Avian Influenza A(H7N9) and A(H1N1)pdm09 Viruses between 2 Patients with Hematologic Disorders Huazhong Chen,1 Shelan Liu,1 Jun Liu,1 Chengliang Chai, Haiyan Mao, Zhao Yu, Yuming Tang, Geqin Zhu, Haixiao X. Chen, Chengchu Zhu, Hui Shao, Shuguang Tan, Qianli Wang, Yuhai Bi, Zhen Zou, Guang Liu, Tao Jin, Chengyu Jiang, George F. Gao, Malik Peiris,2 Hongjie Yu,2 Enfu Chen2 A nosocomial cluster induced by co-infections with avian in- s of January 4, 2016, a novel avian influenza A vi- fluenza A(H7N9) and A(H1N1)pdm09 (pH1N1) viruses oc- Arus, A(H7N9), first identified in China in March curred in 2 patients at a hospital in Zhejiang Province, China, 2013 (1), had caused 676 laboratory-confirmed cases of in January 2014. The index case-patient was a 57-year-old influenza in humans and 275 influenza-associated deaths man with chronic lymphocytic leukemia who had been occu- in mainland China (Chinese Center for Disease Control pationally exposed to poultry. He had co-infection with H7N9 and Prevention, unpub. data). Most H7N9 virus infections and pH1N1 viruses. A 71-year-old man with polycythemia vera who was in the same ward as the index case-patient for have been acquired through exposure to live poultry mar- 6 days acquired infection with H7N9 and pH1N1 viruses. The kets (LPMs) in urban settings (2) and have been sporadic, incubation period for the second case-patient was estimated but a few have occurred in clusters of >2 epidemiologi- to be <4 days.
    [Show full text]
  • 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]
  • SGS CPSIA Accredited Labs
    CPSIA ACCREDITED TESTING LABORATORIES AMERICAS Changzhou SGS-CSTC Standards Technical Services Co. Ltd. Changzhou Branch UNITED STATES 3 F, No.158 Longcheng Avenue SGS – North America Inc. Changzhou 213021, Jiangsu, China 291 Fairfield Avenue, Fairfield, Contact: [email protected] NJ 07004, United States Phone: +86 519 85508607 Contact: [email protected] Accreditor: CNAS (L3533) Phone: +1 973-575-5252 (Ask for CPSC Identification Number: 1388 CPSIA Inquiries) Accreditor: A2LA, IAS (0440.03) CPSC Identification Number: 1020 Guangzhou SGS-CSTC Standards Technical Services Co. Ltd. Guangzhou Branch ENSURE CPSIA COMPLIANCE BRAZIL 198 Kezhu Road, Scientech Park, SGS do Brasil LTDA THANKS TO SGS GLOBAL Guangzhou Economic & Technology Avenida Andromeda, 832 Development District, Guangzhou, EXPERTISE Alphaville, Barueri 06473000, Brazil Guangdong 510663, China Contact: [email protected] Contact: [email protected] As CPSC accredited laboratories, Phone: +55 11 3883 8880 Phone: +86 20 8215 5702 SGS provides comprehensive Accreditor: CGCRE/INMETRO Accreditor: CNAS (L0167) solutions for all products that need to (CRL0049) CPSC Identification Number: 1024 comply with the Consumer Product CPSC Identification Number: 1241 Safety Improvement Act of 2008 Hangzhou (CPSIA). Contact us! MEXICO SGS-CSTC Standards Technical Services SGS Multilab (Mexico) Co., Ltd. Hangzhou Branch Sofocles #217, Col. Los Morales Secc. AMERICAS 5-6/F., No. 4 Building, No. 1180, Bin’an Palmas, Distrito Federal, U.S. (Fairfield, NJ) Road, Huaye Hi-Tech Industrial Park,
    [Show full text]
  • PB 14-21: Is China's Property Market Heading Toward Collapse?
    Policy Brief NUMBER PB14-21 AUGUST 2014 and controversies. Without properly understanding the market’s Is China’s Property Market history and mechanisms, many analysts often compare today’s situation in China with the Japanese property bubble and its Heading toward Collapse? subsequent collapse in the early 1990s and the US housing market collapse in 2008, suggesting China is about to experi- ence something of similar proportions. Li-Gang Liu Th e fears about China’s property market are likely over- blown. First, China’s private housing market is young. It did Li-Gang Liu, visiting fellow at the Peterson Institute for International not exist until 1998. Over the last 16 years, the property sector Economics, is chief economist for Greater China at the Australia and New Zealand Banking Group in Hong Kong. Previously, he worked for the has seen large swings in both prices and levels of investment. Hong Kong Monetary Authority, the Asian Development Bank Institute, Cyclical downturns have resulted from macroeconomic condi- and the World Bank. tions, credit restrictions, and the government’s attempts to curb either the overheating or overcooling of the sector. Th is Author’s note: I acknowledge Nicholas Borst, Gary Clyde Hufbauer, Ken Kuttner, Adam S. Posen, Ted Truman, Steven R. Weisman, and an anony- cyclicality is a good thing to the extent that investors tend to mous reviewer for their excellent comments, which have helped improved this article substantially. All remaining errors are mine alone. As long as urbanization continues and © Peterson Institute for International Economics. All rights reserved. appropriate policies are adopted, this China’s property market has slowed signifi cantly since the property market downturn should fi rst half of 2014, with sharp declines in sales and a buildup prove to be merely cyclical.
    [Show full text]
  • Risk Factors for Carbapenem-Resistant Pseudomonas Aeruginosa, Zhejiang Province, China
    Article DOI: https://doi.org/10.3201/eid2510.181699 Risk Factors for Carbapenem-Resistant Pseudomonas aeruginosa, Zhejiang Province, China Appendix Appendix Table. Surveillance for carbapenem-resistant Pseudomonas aeruginosa in hospitals, Zhejiang Province, China, 2015– 2017* Years Hospitals by city Level† Strain identification method‡ excluded§ Hangzhou First 17 People's Liberation Army Hospital 3A VITEK 2 Compact Hangzhou Red Cross Hospital 3A VITEK 2 Compact Hangzhou First People’s Hospital 3A MALDI-TOF MS Hangzhou Children's Hospital 3A VITEK 2 Compact Hangzhou Hospital of Chinese Traditional Hospital 3A Phoenix 100, VITEK 2 Compact Hangzhou Cancer Hospital 3A VITEK 2 Compact Xixi Hospital of Hangzhou 3A VITEK 2 Compact Sir Run Run Shaw Hospital, School of Medicine, Zhejiang University 3A MALDI-TOF MS The Children's Hospital of Zhejiang University School of Medicine 3A MALDI-TOF MS Women's Hospital, School of Medicine, Zhejiang University 3A VITEK 2 Compact The First Affiliated Hospital of Medical School of Zhejiang University 3A MALDI-TOF MS The Second Affiliated Hospital of Zhejiang University School of 3A MALDI-TOF MS Medicine Hangzhou Second People’s Hospital 3A MALDI-TOF MS Zhejiang People's Armed Police Corps Hospital, Hangzhou 3A Phoenix 100 Xinhua Hospital of Zhejiang Province 3A VITEK 2 Compact Zhejiang Provincial People's Hospital 3A MALDI-TOF MS Zhejiang Provincial Hospital of Traditional Chinese Medicine 3A MALDI-TOF MS Tongde Hospital of Zhejiang Province 3A VITEK 2 Compact Zhejiang Hospital 3A MALDI-TOF MS Zhejiang Cancer
    [Show full text]
  • China Property – Equity & Bond Weekly Wrap
    China Property – Equity & Bond weekly wrap Industry Overview Equity/Fixed Income | China | Real Estate/Property 26 March 2012 Macro factors dominate again Equity research Raymond Ngai, CFA >> +852 2536 3987 Equities slumped 4.9%, bonds yields widened to 13.19% Research Analyst Merrill Lynch (Hong Kong) Chinese developers’ shares fell another -4.9% w/w last week, after a 2.3% [email protected] decline. Overall stock market sentiment was not too good in the past week, with Matthew Chow, CFA >> +852 2161 7877 some soft macro numbers coming out from the US and Europe; and actually the Research Analyst Merrill Lynch (Hong Kong) HSCEI index was also down 5% w/w last week, on concerns of weaker economic [email protected] growth (as well as speculation over possible political tensions within China.) Sunny Tam, CFA >> +852 2536 3446 Chinese developers’ bond yields also widened another 62bps to an average Research Analyst 13.19% vs 12.57% in the week before. In the past week, macro factors seem to Merrill Lynch (Hong Kong) dominate share/bond prices again. However, looking ahead March sales numbers [email protected] for developers to be released in early April may give more indication as to how Liying Du >> +852 2161 7008 Research Analyst realistic developers’ 2012 sales targets are, and could provide more company Merrill Lynch (Hong Kong) specific drivers for the sector. [email protected] Credit Research Proposal for more property tax pilot cities approved Alwyn Pang, CFA +852 2536 3485 Last week, the National Development and Reform Committee's 2012 Economic Research Analyst Reform Proposals were approved by the State Council.
    [Show full text]
  • Construction of HEK293 Cells Stably Expressing Wild-Type Organic Anion Transporting Polypeptide 1B1 (OATP1B1*1A) and Variant OATP1B1*1B and OATP1B1*15
    ORIGINAL ARTICLES Department of Pharmacy1, the Second Affiliated Hospital, School of Medicine; Institute of Drug Metabolism and Pharmaceutical Analysis2, Zhejiang Province Key Laboratory of Anti-Cancer Drug Research, College of Pharmaceutical Sciences, Zhejiang University, Hangzhou, China Construction of HEK293 cells stably expressing wild-type organic anion transporting polypeptide 1B1 (OATP1B1*1a) and variant OATP1B1*1b and OATP1B1*15 M. CHEN1, B. X. QU2, X. L. CHEN2, H. H. HU2, H. D. JIANG2, L. S. YU2, Q. ZHOU1, S. ZENG2 Received January 2, 2016, accepted February 5, 2016 Quan Zhou, Department of Pharmacy, the Second Affiliated Hospital, School of Medicine, Zhejiang University, 88 Jiefang Road, Shangcheng District, Hangzhou 310009, Zhejiang Province, People’s Republic of China [email protected] Su Zeng, Institute of Drug Metabolism and Pharmaceutical Analysis, Zhejiang Province Key Laboratory of Anti- Cancer Drug Research, College of Pharmaceutical Sciences, Zhejiang University, 866 Yuhangtang Road, Hangzhou 310058, Zhejiang Province, China [email protected] Pharmazie 71: 337–339 (2016) doi: 10.1691/ph.2016.6501 A transgenic cell line stably expressing the human organic anion transporting polypeptide (OATP1B1) was established. Human Embryonic Kidney 293 (HEK293) cell line stably expressing OATP1B1*1a sequence was amplified through PCR with the extracted total RNA as templates from human liver, then subcloned into the plasmid pMD19-T and verified by sequencing. OATP1B1*1b/OATP1B1*15 mutant sequences were obtained by site-directed mutation PCR with pMD19-T/ OATP1B1*1a as templates. The plasmids pcDNA3.1(+)/OATP1B1*1a, *1b and *15 were constructed and transfected into HEK293 cell line using LipofectamineTM2000 transfection reagent. Several stable transfected clones were obtained after selection with G418.
    [Show full text]
  • SOHO CHINA LIMITED SOHO中國有限公司 (Incorporated in the Cayman Islands with Limited Liability) 13.51A (Stock Code: 410)
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited 14.58(1) take no responsibility for the contents of this announcement, make no representation as to Note 5, 13.52 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. SOHO CHINA LIMITED SOHO中國有限公司 (incorporated in the Cayman Islands with limited liability) 13.51A (Stock Code: 410) DISCLOSEABLE TRANSACTION PROPOSED ACQUISITION OF SHANGHAI TIANSHAN ROAD PROJECT PROPOSED ACQUISITION The Board wishes to announce that on 17 April 2012, the Company and SOHO Shanghai, a wholly-owned subsidiary of the Company, as purchaser entered into the Framework Agreement with Greentown Holdings and the Vendors, as vendors for the acquisition of the entire equity interests in Greentown Plaza Development and all the rights and title to the Loans at an aggregate consideration of RMB2,137,720,000 (subject to adjustments, if any). As at the date of this announcement, the registered capital of Greentown Plaza Development is RMB100,000,000 and is owned as to 70% by Greentown Real Estate and 30% by MaAnShan Development. Greetown Plaza Development is responsible for development of the Tianshan Road Project. The Tianshan Road Project is at the most prime location of the Hongqiao Foreign Trade Center, in Changning District, Shanghai. Being the first business district for foreign enterprises in Shanghai, this area is home to over 4,400 enterprises and organisations with a high concentration of foreign enterprises (over 50% of the companies are foreign invested enterprises including many multinational companies such as Intel, GE, Samsung and Shell).
    [Show full text]
  • ATTACHMENT 1 Barcode:3800584-02 C-570-107 INV - Investigation
    ATTACHMENT 1 Barcode:3800584-02 C-570-107 INV - Investigation - Chinese Producers of Wooden Cabinets and Vanities Company Name Company Information Company Name: A Shipping A Shipping Street Address: Room 1102, No. 288 Building No 4., Wuhua Road, Hongkou City: Shanghai Company Name: AA Cabinetry AA Cabinetry Street Address: Fanzhong Road Minzhong Town City: Zhongshan Company Name: Achiever Import and Export Co., Ltd. Street Address: No. 103 Taihe Road Gaoming Achiever Import And Export Co., City: Foshan Ltd. Country: PRC Phone: 0757-88828138 Company Name: Adornus Cabinetry Street Address: No.1 Man Xing Road Adornus Cabinetry City: Manshan Town, Lingang District Country: PRC Company Name: Aershin Cabinet Street Address: No.88 Xingyuan Avenue City: Rugao Aershin Cabinet Province/State: Jiangsu Country: PRC Phone: 13801858741 Website: http://www.aershin.com/i14470-m28456.htmIS Company Name: Air Sea Transport Street Address: 10F No. 71, Sung Chiang Road Air Sea Transport City: Taipei Country: Taiwan Company Name: All Ways Forwarding (PRe) Co., Ltd. Street Address: No. 268 South Zhongshan Rd. All Ways Forwarding (China) Co., City: Huangpu Ltd. Zip Code: 200010 Country: PRC Company Name: All Ways Logistics International (Asia Pacific) LLC. Street Address: Room 1106, No. 969 South, Zhongshan Road All Ways Logisitcs Asia City: Shanghai Country: PRC Company Name: Allan Street Address: No.188, Fengtai Road City: Hefei Allan Province/State: Anhui Zip Code: 23041 Country: PRC Company Name: Alliance Asia Co Lim Street Address: 2176 Rm100710 F Ho King Ctr No 2 6 Fa Yuen Street Alliance Asia Co Li City: Mongkok Country: PRC Company Name: ALMI Shipping and Logistics Street Address: Room 601 No.
    [Show full text]
  • Vertical Metal F'ile Cabinets
    Barcode:3827074-03 C-570-111 INV - Investigation - CHINESE EXPORTERS AND PRODUCERS OF VERTICAL METAL F'ILE CABINETS Best Beaufy Furniture Co., Ltd. Feel Life Co., Ltd. Lianping Industry Zone, Dalingshan Town Room 202, Deweisen Building Dongguan, Guangdon g, 523809 Nanshan District, Shenzhen Tel: +86 769-85623639 1sf ¡ +86 7 55-66867080-8096 Fax: +86 769-85628609 Fax: +86 755-86146992 Email: N/A Email : [email protected] Website: Website : www. feellife. com www. d gbestbeauty. company. weiku. com/ Fujian lvyer Industrial Co., Ltd. Chung \ilah Steel Furniture Factory Co., Yangxia Village, Guhuai Town Lrd. Changle, Fujian, 350207 Block A,7lF Chinaweal Centre Tel: +86 59128881270 414-424 Jaffe Road, Wanchai Fax: +86 59128881315 Hong Kong Email : nancy @flivyer. com Tel: +85 228930378 Website : www. ivyer.net. cnl Fax: +85 228387626 Email: N/A Fuzhou Nu Deco Crafts Co., Ltd. Website : http ://chungwah. com.hk/ 1306 Xinxing Building No. 41, Bayiqi Mid. Road Concept Furniture (Anhui) Co.' Ltd. Fuzhou, Fujian, 350000 Guangde Economic and Technical Tel: +86 591-87814422 Developm ent Zone, Guangde County P¿¡; +86 591-87814424 Anhui, Xuancheng, 242200 Email: [email protected] Tel: 865-636-0131 Website : http :/inu-deco.cnl Fax: 865-636-9882 Email: N/A Fuzhou Yibang Furniture Co., Ltd. Website: N/A No. 85-86 Building Changle Airport Industrial Zone Dong Guan Shing Fai X'urniture Hunan Town, Changle 2nd Industrial Area Fujian, Fuzhou, 350212 Shang Dong Administrative Dist. fsf; +86 591-28637056 Qishi, Dongguan, Guangdong, 523000 Fax: +86 591-22816378 Tel: +86 867592751816 Email: N/A Fax: N/A V/ebsite : htþs ://fi yb.
    [Show full text]
  • U.S. Investors Are Funding Malign PRC Companies on Major Indices
    U.S. DEPARTMENT OF STATE Office of the Spokesperson For Immediate Release FACT SHEET December 8, 2020 U.S. Investors Are Funding Malign PRC Companies on Major Indices “Under Xi Jinping, the CCP has prioritized something called ‘military-civil fusion.’ … Chinese companies and researchers must… under penalty of law – share technology with the Chinese military. The goal is to ensure that the People’s Liberation Army has military dominance. And the PLA’s core mission is to sustain the Chinese Communist Party’s grip on power.” – Secretary of State Michael R. Pompeo, January 13, 2020 The Chinese Communist Party’s (CCP) threat to American national security extends into our financial markets and impacts American investors. Many major stock and bond indices developed by index providers like MSCI and FTSE include malign People’s Republic of China (PRC) companies that are listed on the Department of Commerce’s Entity List and/or the Department of Defense’s List of “Communist Chinese military companies” (CCMCs). The money flowing into these index funds – often passively, from U.S. retail investors – supports Chinese companies involved in both civilian and military production. Some of these companies produce technologies for the surveillance of civilians and repression of human rights, as is the case with Uyghurs and other Muslim minority groups in Xinjiang, China, as well as in other repressive regimes, such as Iran and Venezuela. As of December 2020, at least 24 of the 35 parent-level CCMCs had affiliates’ securities included on a major securities index. This includes at least 71 distinct affiliate-level securities issuers.
    [Show full text]