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.
中 關 村 科 技 租 賃 股 份 有 限 公 司
ZHONGGUANCUN SCIENCE-TECH LEASING CO., LTD.
(a joint stock company incorporated in the People's Republic of China with limited liability)
(Stock Code: 1601)
DISCLOSEABLE TRANSACTION
FINANCE LEASE TRANSACTIONS
PURCHASE AGREEMENTS AND FINANCE LEASE AGREEMENTS
The Board hereby announces that on March 31, 2021, the Company entered into the Purchase Agreement I, the Purchase Agreement II, the Purchase Agreement III and the Purchase Agreement IV (as the buyer), respectively, and the Company entered into the Finance Lease Agreement III, the Finance Lease Agreement IV, the Finance Lease Agreement V and the Finance Lease Agreement VI (as the Lessor) with the Lessee II, pursuant to which (i) the Company would purchase the Leased Assets III, the Leased Assets IV, the Leased Assets V and the Leased Assets VI from the Suppliers, at the total transfer consideration of RMB5,450,000, RMB4,900,000, RMB5,040,000 and RMB16,520,000, respectively, and (ii) the Company would lease the Leased Assets III, the Leased Assets IV, the Leased Assets V and the Leased Assets VI to the Lessee II for a term of 36 months, respectively. Under the Finance Lease Agreement III, the total lease payment was RMB5,381,513, which included a finance lease principal of RMB4,905,000 and a finance lease interest income (inclusive of VAT) of RMB476,513. Under the Finance Lease Agreement IV, the total lease payment was RMB4,838,424, which included a finance lease principal of RMB4,410,000 and a finance lease interest income (inclusive of VAT) of RMB428,424. Under the Finance Lease Agreement V, the total lease payment was RMB4,976,666, which included a finance lease principal of RMB4,536,000 and a finance lease interest income (inclusive of VAT) of RMB440,666. Under the Finance Lease Agreement VI, the total lease payment was RMB16,312,400, which included a finance lease principal of RMB14,868,000 and a finance lease interest income (inclusive of VAT) of RMB1,444,400.
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Within the past twelve months, on April 14, 2020 and November 30, 2020, the Company (as the Lessor) entered into the Finance Lease Agreement I and the Finance Lease Agreement II with the Lessee I and the Lessee II, respectively, pursuant to which (i) the Lessee I and the Lessee II sold its own assets, namely, the Leased Assets I and the Leased Assets II to the Lessor, at a transfer consideration of RMB14,000,000 and RMB11,500,000, respectively; and (ii) the Lessor leased back the Leased Assets I and the Leased Assets II to the Lessee I and the Lessee II for a term of 36 months, respectively. Under the Finance Lease Agreement I, the total lease payment was RMB15,463,052, which included a finance lease principal of RMB14,000,000 and a finance lease interest income (inclusive of VAT) of RMB1,463,052. Under the Finance Lease Agreement II, the total lease payment was RMB12,674,193, which included a finance lease principal of RMB11,500,000 and a finance lease interest income (inclusive of VAT) of RMB1,174,193.
LISTING RULES IMPLICATIONS
The Lessee II is a non-wholly owned subsidiary of the Lessee I, the Lessee I and the Lessee II are parties connected with one another (as set out under Rule 14.23 of the Listing Rules). As the transactions under the Agreements were entered into during the 12-month period, according to Rule
14.22 of the Listing Rules, the transactions thereunder shall be aggregated as a series of transactions. As the highest applicable percentage ratio under the each of Purchase Agreements and the Finance Lease Agreements on a stand-alone basis is less than 5%, while the highest applicable percentage ratio upon aggregation of the Purchase Agreements and the Finance Lease Agreements is higher than 5% but lower than 25%, therefore, the transactions thereunder constitute discloseable transactions of the Company and are subject to the notification and announcement requirements under Chapter 14 of the Listing Rules.
BACKGROUND
The Board hereby announces that on March 31, 2021, the Company entered into the Purchase Agreement I, the Purchase Agreement II, the Purchase Agreement III and the Purchase Agreement IV (as the buyer), respectively, and the Company entered into the Finance Lease Agreement III, the Finance Lease Agreement IV, the Finance Lease Agreement V and the Finance Lease Agreement VI (as the Lessor) with the Lessee II, pursuant to which (i) the Company would purchase the Leased Assets III, the Leased Assets IV, the Leased Assets V and the Leased Assets VI from the Suppliers, at the total transfer consideration of RMB5,450,000, RMB4,900,000, RMB5,040,000 and RMB16,520,000, respectively, and (ii) the Company would lease the Leased Assets III, the Leased Assets IV, the Leased Assets V and the Leased Assets VI to the Lessee II for a term of 36 months, respectively. Under the Finance Lease Agreement III, the total lease payment was RMB5,381,513, which included a finance lease principal of RMB4,905,000 and a finance lease interest income (inclusive of VAT) of RMB476,513. Under the Finance Lease Agreement IV, the total lease payment was RMB4,838,424, which included a finance lease principal of RMB4,410,000 and a finance lease interest income (inclusive of VAT) of RMB428,424. Under the Finance Lease Agreement V, the total lease payment was RMB4,976,666, which included a finance lease principal of RMB4,536,000 and a finance lease interest income (inclusive of VAT) of RMB440,666. Under the Finance Lease Agreement VI, the total lease payment was RMB16,312,400, which included a finance lease principal of RMB14,868,000 and a finance lease interest income (inclusive of VAT) of RMB1,444,400.
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Within the past twelve months, on April 14, 2020 and November 30, 2020, the Company (as the Lessor) entered into the Finance Lease Agreement I and the Finance Lease Agreement II with the Lessee I and the Lessee II, respectively, pursuant to which (i) the Lessee I and the Lessee II sold its own assets, namely, the Leased Assets I and the Leased Assets II to the Lessor, at a transfer consideration of RMB14,000,000 and RMB11,500,000, respectively; and (ii) the Lessor leased back the Leased Assets I and the Leased Assets II to the Lessee I and the Lessee II for a term of 36 months, respectively. Under the Finance Lease Agreement I, the total lease payment was RMB15,463,052, which included a finance lease principal of RMB14,000,000 and a finance lease interest income (inclusive of VAT) of RMB1,463,052. Under the Finance Lease Agreement II, the total lease payment was RMB12,674,193, which included a finance lease principal of RMB11,500,000 and a finance lease interest income (inclusive of VAT) of RMB1,174,193.
The table below sets out the details of the Finance Lease Agreements:
Finance lease | Net book | |||||||||||||||
Expiry date of | Finance lease | interest income | value of | Estimated | ||||||||||||
Date of finance | financial lease | principal | (inclusive | Security | Total lease | Leased Assets | fair value of | |||||||||
Finance Lease Agreement | lease agreement | agreement | amount | of VAT) | deposits | payment | (Approx.) | Leased Assets | ||||||||
RMB | RMB | RMB | RMB | RMB | RMB | |||||||||||
Finance Lease Agreement I | April 14, 2020 | April 13, 2023 | 14,000,000 | 1,463,052 | 1,400,000 | 15,463,052 | 15,977,719 | N/A | ||||||||
Finance Lease Agreement II | November 30, 2020 | November 20, 2023 | 11,500,000 | 1,174,193 | 1,150,000 | 12,674,193 | 13,508,000 | N/A | ||||||||
Finance Lease Agreement III | March 31, 2021 | March 30, 2024 | 4,905,000 | 476,513 | 490,500 | 5,381,513 | N/A | 5,450,000 | ||||||||
Finance Lease Agreement IV | March 31, 2021 | March 30, 2024 | 4,410,000 | 428,424 | 441,000 | 4,838,424 | N/A | 4,900,000 | ||||||||
Finance Lease Agreement V | March 31, 2021 | March 30, 2024 | 4,536,000 | 440,666 | 453,600 | 4,976,666 | N/A | 5,040,000 | ||||||||
Finance Lease Agreement VI | March 31, 2021 | March 30, 2024 | 14,868,000 | 1,444,400 | 1,486,800 | 16,312,400 | N/A | 16,520,000 | ||||||||
Total | 54,219,000 | 5,427,248 | 5,421,900 | 59,646,248 | 29,485,719 | 31,910,000 | ||||||||||
PURCHASE AGREEMENTS
The principal terms contained in each of the Purchase Agreements are substantially similar. Principal terms of the Purchase Agreements are as follows:
Parties
Buyer: | the Company |
Supplier I: a joint stock limited company established in the PRC, which is a comprehensive pharmaceutical equipment supplier to provide process support, core equipment, integrated system and pharma engineering for pharma and biotech industry.
Supplier II: a limited liability company established in the PRC, which is principally engaged in the production of sanitary fluid equipment and engineering service.
Supplier III: a limited liability company established in the PRC, which is principally engaged in the production of sanitary fluid equipment and engineering service.
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Supplier IV: a limited liability company established in the PRC, which is principally engaged in pharmaceutical equipment manufacturing and sales.
Lessee II: a limited liability company established in the PRC, which is principally engaged in the production and sales of animal vaccines.
To the best of the Directors' knowledge, information and belief after having made all reasonable enquiries, the Lessee II and the Suppliers and their respective ultimate beneficial owners are all independent third parties of the Company and its connected persons (as defined in the Listing Rules).
Delivery of the Leased Assets and Payment of Transfer Consideration
Under the Purchase Agreement I, the Supplier I shall deliver all of the Leased Assets III to the Lessee
- by April 10, 2021. Among the consideration of RMB31,250,000 under the Purchase Agreement I, the Lessee II will make an initial payment of RMB545,000 to the Company, and the Company shall pay such initial payment together with the remaining consideration of RMB4,905,000 in three installments to the Supplier I after receiving the initial payment from the Lessee II.
Under the Purchase Agreement II, the Supplier II shall install all of the Leased Assets IV at the designated location of the Lessee II by April 30, 2021. Among the consideration of RMB4,900,000 under the Purchase Agreement II, the Lessee II will make an initial payment of RMB490,000 to the Company, and the Company shall pay such initial payment together with the remaining consideration of RMB4,410,000 in three installments to the Supplier II after receiving the initial payment from the Lessee II.
Under the Purchase Agreement III, the Supplier III shall install all of the Leased Assets V at the designated location of the Lessee II by April 20, 2021. Among the consideration of RMB5,040,000 under the Purchase Agreement III, the Lessee II will make an initial payment of RMB504,000 to the Company, and the Company shall pay such initial payment together with the remaining consideration of RMB4,536,000 in three installments to the Supplier III after receiving the initial payment from the Lessee II.
Under the Purchase Agreement IV, the Supplier IV shall deliver all of the Leased Assets IV to the Lessee
- by March 25, 2021. Among the consideration of RMB16,520,000 under the Purchase Agreement IV, the Lessee II will make an initial payment of RMB1,652,000 to the Company, and the Company shall pay such initial payment together with the remaining consideration of RMB14,868,000 in three installments to the Supplier IV after receiving the initial payment from the Lessee II.
The transfer considerations to acquire the Leased Assets III, the Leased Assets IV, the Leased Assets V and the Leased Assets VI under the Purchase Agreements will be funded by the Company's internal resources and the upfront payment by the Lessee II. The terms of the Purchase Agreements, including transfer consideration, were determined upon arm's length negotiation between the parties with reference to prevailing market prices of the Leased Assets III, the Leased Assets IV, the Leased Assets V and the Leased Assets VI in the same category in the PRC.
The Suppliers do not separately calculate the profits before and after tax of the Leased Assets III, the Leased Assets IV, the Leased Assets V and the Leased Assets VI.
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FINANCE LEASE AGREEMENTS
The principal terms contained in each of the Finance Lease Agreements are substantially similar. Principal terms of the Finance Lease Agreements are as follows:
Parties
Lessor: | the Company |
Lessee I: a joint stock limited company established in the PRC, which is principally engaged in production and sales of biological products and veterinary preparations.
Lessee II: a limited liability company established in the PRC, which is principally engaged in the production and sales of animal vaccines.
To the best of the Directors' knowledge, information and belief after having made all reasonable enquiries, the Lessees and their ultimate beneficial owners are all independent third parties of the Company and its connected persons (as defined in the Listing Rules).
Leased Assets
The Leased Assets I are production equipment of fertilizer, with a net book value of approximately RMB15,977,719.
The Leased Assets II are production equipment of animal vaccine, with a net book value of approximately RMB13,508,000.
The Leased Assets III are production equipment of animal vaccine, with an estimated fair value of RMB5,450,000.
The Leased Assets IV are production equipment of animal vaccine, with an estimated fair value of RMB4,900,000.
The Leased Assets V are production equipment of animal vaccine, with an estimated fair value of RMB5,040,000.
The Leased Assets VI are production equipment of animal vaccine, with an estimated fair value of RMB16,520,000.
If the Lessees have properly and fully performed all of their obligations under the respective Finance Lease Agreements, upon the expiry of the Finance Lease Agreements, the Lessor will transfer the Leased Assets to the Lessees at the consideration of RMB100 in nominal value, respectively.
Lease Period
The lease period of each of the Finance Lease Agreements is 36 months.
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Lease Payment and Method of Payment
Pursuant to the Finance Lease Agreements, the lease payment comprises finance lease principal and finance lease interest income (inclusive of VAT).
Under the Finance Lease Agreement I, the finance lease principal is RMB14,000,000, the finance lease interest income (inclusive of VAT) is RMB1,463,052 (calculated based on the interest rate of 6.40% per annum), the total lease payment is RMB15,463,052, the Lessee I shall pay the lease payment to the Lessor at the end of each quarter in instalments in accordance with the Finance Lease Agreement I during the lease period.
Under the Finance Lease Agreement II, the finance lease principal is RMB11,500,000, the finance lease interest income (inclusive of VAT) is RMB1,174,193 (calculated based on the interest rate of 6.40% per annum), the total lease payment is RMB12,674,193, the Lessee II shall pay the lease payment to the Lessor at the end of each quarter in instalments in accordance with the Finance Lease Agreement II during the lease period.
Under the Finance Lease Agreement III, the finance lease principal is RMB4,905,000, the finance lease interest income (inclusive of VAT) is RMB476,513 (calculated based on the interest rate of 6.10% per annum), the total lease payment is RMB5,381,513, and the Lessee II shall pay the lease payment to the Lessor at the end of each quarter in instalments in accordance with the Finance Lease Agreement III during the lease period.
Under the Finance Lease Agreement IV, the finance lease principal is RMB4,410,000, the finance lease interest income (inclusive of VAT) is RMB428,424 (calculated based on the interest rate of 6.10% per annum), the total lease payment is RMB4,838,424, and the Lessee II shall pay the lease payment to the Lessor at the end of each quarter in instalments in accordance with the Finance Lease Agreement IV during the lease period.
Under the Finance Lease Agreement V, the finance lease principal is RMB4,536,000, the finance lease interest income (inclusive of VAT) is RMB440,666 (calculated based on the interest rate of 6.10% per annum), the total lease payment is RMB4,976,666, and the Lessee II shall pay the lease payment to the Lessor at the end of each quarter in instalments in accordance with the Finance Lease Agreement V during the lease period.
Under the Finance Lease Agreement VI, the finance lease principal is RMB14,868,000, the finance lease interest income (inclusive of VAT) is RMB1,444,400 (calculated based on the interest rate of 6.10% per annum), the total lease payment is RMB16,312,400, and the Lessee II shall pay the lease payment to the Lessor at the end of each quarter in instalments in accordance with the Finance Lease Agreement VI during the lease period.
The terms of the Finance Lease Agreements, including finance lease principals, finance lease interest incomes and other expenses under the Finance Lease Agreements, were determined with reference to (i) the estimated fair value of the Leased Assets, and (ii) prevailing market prices of finance lease products in the same category in the PRC.
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Security Deposits
The Lessee I agreed to pay the security deposits for the Finance Lease Agreement I of RMB1,400,000 (bearing nil interests). The Lessee II agreed to pay the security deposits for the Finance Lease Agreement II, the Finance Lease Agreement III, the Finance Lease Agreement IV, the Finance Lease Agreement V and the Finance Lease Agreement VI of RMB1,150,000 (bearing nil interests), RMB490,500 (bearing nil interests), RMB441,000 (bearing nil interests), RMB453,600 (bearing nil interests), and RMB1,486,800 (bearing nil interests), respectively. Upon the last lease payment of the Finance Lease Agreements, the lease payment and other payables under the final payment will automatically be deducted from the deposits, and the Lessor will refund the Lessees the remaining amount (if any).
Guarantee
The guarantee arrangements for each of the Finance Lease Agreements are set out below:
- the ultimate beneficial owner of the Lessees provides joint and several liabilities for the debts of the Lessees under the Finance Lease Agreements; and
- the Lessee I provides joint and several liabilities for the debts of the Lessee II under the Finance Lease Agreement II, the Finance Lease Agreement III, the Finance Lease Agreement IV, the Finance Lease Agreement V and the Finance Lease Agreement VI.
REASONS FOR AND BENEFITS OF ENTERING INTO THE PURCHASE AGREEMENTS AND THE FINANCE LEASE AGREEMENTS
The Company's principal activities are to provide finance leasing and advisory services to customers. The Agreements are entered into by the Company during its ordinary and usual course of business.
The Directors consider that entering into the Agreements will generate revenue and profit to the Company over the lease period and is consistent with the Company's business development strategy. Since the Agreements were entered into under normal commercial terms, the Directors are of the view that the terms under the Agreements are fair and reasonable and are in the interests of the Company and its shareholders as a whole.
INFORMATION OF THE PARTIES
Information of the Company
The Company is a pioneer and a dedicated finance lease company in serving technology and new economy companies in China. As the sole finance lease platform under Zhongguancun Development Group Co., Ltd. ( 中關村發展集團股份有限公司), the Company offers efficient finance lease solutions and a variety of advisory services to satisfy technology and new economy companies' needs for financial services at different stages of their growth. The Company's finance lease solutions primarily take the form of direct lease and sale-and-leaseback. The Company also delivers a variety of advisory services, including policy advisory and management and business consulting, to help its customers achieve rapid growth.
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Information of the Lessees
Lessee I is a joint stock limited company established in the PRC, which is principally engaged in production and sales of biological products and veterinary preparations.
Lessee II is a limited liability company established in the PRC, which is principally engaged in the production and sales of animal vaccines.
Information of the Suppliers
Supplier I is a joint stock limited company established in the PRC, which is a comprehensive pharmaceutical equipment supplier to provide process support, core equipment, integrated system and pharma engineering for pharma and biotech industry.
Supplier II is a limited liability company established in the PRC, which is principally engaged in the production of sanitary fluid equipment and engineering service.
Supplier III is a limited liability company established in the PRC, which is principally engaged in the production of sanitary fluid equipment and engineering service.
Supplier IV is a limited liability company established in the PRC, which is principally engaged in pharmaceutical equipment manufacturing and sales.
LISTING RULES IMPLICATIONS
The Lessee II is a non-wholly owned subsidiary of the Lessee I, the Lessee I and the Lessee II are parties connected with one another (as set out under Rule 14.23 of the Listing Rules). As the transactions under the Agreements were entered into during the 12-month period, according to Rule 14.22 of the Listing Rules, the transactions thereunder shall be aggregated as a series of transactions. As the highest applicable percentage ratio under each of the Purchase Agreements and the Finance Lease Agreements on a stand-alone basis is less than 5%, while the highest applicable percentage ratio upon aggregation of the Purchase Agreements and the Finance Lease Agreements is higher than 5% but lower than 25%, therefore, the transactions thereunder constitute discloseable transactions of the Company and are subject to the notification and announcement requirements under Chapter 14 of the Listing Rules.
DEFINITIONS
In this announcement, unless the context otherwise requires, the following terms have the following meanings:
"Agreements" | the Purchase Agreements and the Finance Lease Agreements |
"Board" | the board of directors of the Company |
"Company" | Zhongguancun Science-Tech Leasing Co., Ltd. ( 中 關 村 科 技 租 賃 股 |
份有限公司), a joint stock company incorporated under the laws of the | |
PRC with limited liability, the H shares of which are listed on the Stock | |
Exchange with stock code of 1601 |
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"Director(s)" | the director(s) of the Company |
"Finance Lease | the Finance Lease Agreement I, the Finance Lease Agreement II, the |
Agreements" | Finance Lease Agreement III, the Finance Lease Agreement IV, the |
Finance Lease Agreement V and the Finance Lease Agreement VI | |
"Finance Lease | the finance lease agreement entered into between the Lessor and the |
Agreement I" | Lessee I on April 14, 2020 |
"Finance Lease | the finance lease agreement entered into between the Lessor and the |
Agreement II" | Lessee II on November 30, 2020 |
"Finance Lease | the finance lease agreement entered into between the Lessor and the |
Agreement III" | Lessee II on March 31, 2021 |
"Finance Lease | the finance lease agreement entered into between the Lessor and the |
Agreement IV" | Lessee II on March 31, 2021 |
"Finance Lease | the finance lease agreement entered into between the Lessor and the |
Agreement V" | Lessee II on March 31, 2021 |
"Finance Lease | the finance lease agreement entered into between the Lessor and the |
Agreement VI" | Lessee II on March 31, 2021 |
"independent third | any individual or company not being the connected persons (as defined |
party(ies)" | under the Listing Rules) of the Company, independent of the Company |
and its connected persons (as defined under the Listing Rules) and not | |
connected with them | |
"Leased Assets" | the Leased Assets I, the Leased Assets II, the Leased Assets III, the |
Leased Assets IV, the Leased Assets V and the Leased Assets VI | |
"Leased Assets I" | production equipment of fertilizer, with a net book value of |
approximately RMB15,977,719 under the Finance Lease Agreement I | |
"Leased Assets II" | production equipment of animal vaccine, with a net book value of |
approximately RMB13,508,000 under the Finance Lease Agreement II | |
"Leased Assets III" | production equipment of animal vaccine, with an estimated fair value of |
RMB5,450,000 under the Finance Lease Agreement III | |
"Leased Assets IV" | production equipment of animal vaccine, with an estimated fair value of |
RMB4,900,000 under the Finance Lease Agreement IV | |
"Leased Assets V" | production equipment of animal vaccine, with an estimated fair value of |
RMB5,040,000 under the Finance Lease Agreement V |
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"Leased Assets IV" | production equipment of animal vaccine, with an estimated fair value of |
RMB16,520,000 under the Finance Lease Agreement VI | |
"Lessees" | the Lessee I and the Lessee II |
"Lessee I" | Shandong Sinder Technology Co., Ltd.* ( 山 東 信 得 科 技 股 份 有 限 |
公司), a joint stock limited company established in the PRC, which is | |
principally engaged in production and sales of biological products and | |
veterinary preparations. The ultimate beneficial owner of this company is | |
LI Zhaoyang* ( 李朝陽) | |
"Lessee II" | Shandong Sinder Animal Vaccine Co., Ltd.* ( 山東信得動物疫苗有 |
限公司), a limited liability company established in the PRC, which is | |
principally engaged in the production and sales of animal vaccines. The | |
ultimate beneficial owner of this company is LI Zhaoyang* ( 李朝陽) | |
"Lessor" | the Company |
"Listing Rules" | the Rules Governing the Listing of Securities on The Stock Exchange of |
Hong Kong Limited | |
"Purchase Agreements" | the Purchase Agreement I, the Purchase Agreement II, the Purchase |
Agreement III and the Purchase Agreement IV | |
"Purchase Agreement I" | the purchase agreement entered into among the Company, the Supplier I |
and the Lessee II on March 31, 2021 | |
"Purchase Agreement II" | the purchase agreement entered into among the Company, the Supplier II |
and the Lessee II on March 31, 2021 | |
"Purchase Agreement III" | the purchase agreement entered into among the Company, the Supplier |
III and the Lessee II on March 31, 2021 | |
"Purchase Agreement IV" | the purchase agreement entered into among the Company, the Supplier |
IV and the Lessee II on March 31, 2021 | |
"PRC" or "China" | the People's Republic of China, which, for the purpose of this |
announcement, excludes the Hong Kong Special Administrative Region | |
of the PRC, the Macau Special Administrative Region of the PRC and | |
Taiwan | |
"RMB" | Renminbi, the lawful currency of the PRC |
"Suppliers" | the Supplier I, the Supplier II, the Supplier III and the Supplier IV |
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"Supplier I" | Shanghai Tofflon Science and Technology Co., Ltd. (Shandong Branch)* | |
( 上 海 東 富 龍 科 技 股 份 有 限 公 司 ( 山 東 分 公 司)), a joint stock | ||
limited company established in the PRC, which is a comprehensive | ||
pharmaceutical equipment supplier to provide process support, core | ||
equipment, integrated system and pharma engineering for pharma and | ||
biotech industry. This company is a listed company on Shenzhen Stock | ||
Exchange with stock code of 300171 | ||
"Supplier II" | Fuzhou Fuer Fluid Equipment Co., Ltd.* ( 福 州 福 爾 流 體 設 備 有 限 | |
公 | 司), a limited liability company established in the PRC, which is | |
principally engaged in the production of sanitary fluid equipment and | ||
engineering service. The ultimate beneficial owner of this company is NI | ||
Shangwei* ( 倪商偉) | ||
"Supplier III" | Fuzhou Weilang Fluid Equipment Co., Ltd.* ( 福州威朗流體設備有 | |
限公司), a limited liability company established in the PRC, which is | ||
principally engaged in the production of sanitary fluid equipment and | ||
engineering service. The ultimate beneficial owner of this company is | ||
JIN Lizhi* ( 金理志) | ||
"Supplier IV" | Jiangsu Langjing Technology Co., Ltd.* ( 江蘇郎淨科技有限公司), | |
a limited liability company established in the PRC, which is principally | ||
engaged in pharmaceutical equipment manufacturing and sales. The | ||
ultimate beneficial owners of this company are GAO Feng* ( 高鳳) and | ||
CHEN Wenhua* ( 陳文花) | ||
"Stock Exchange" | The Stock Exchange of Hong Kong Limited | |
"VAT" | value-added tax |
By order of the Board
Zhongguancun Science-Tech Leasing Co., Ltd.
DUAN Hongwei
Chairman
Beijing, the PRC, March 31, 2021
As at the date of this announcement, the Board comprises Mr. HE Rongfeng and Mr. HUANG Wen as executive Directors, Mr. DUAN Hongwei, Mr. LOU Yixiang and Mr. ZHANG Shuqing as non-executive Directors, and Mr. CHENG Dongyue, Mr. WU Tak Lung and Ms. LIN Zhen as independent non-executive Directors.
- For identification purposes only
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