# XIV. OTHER SIGNIFICANTE EVENTS (Continued)

# 3. Transaction and balance between the Group and Shoulian Group (Continued)

# (1) Major transaction between the Group and Shoulian Group (Continued)

# Note 3: On 1 January 2009, the Company leased a property and land located at Kaifang Road, Huairou District, Beijing (“Huairou Hypermarket”) from Shoulian with annual rent of RMB3,000,000 for a term from 1 January 2009 to 31 December 2028.

On 1 January 2009, Shoulian Supermarket leased a property and land located at Xihongmen Road, Daxing District, Beijing from Shoulian Group with annual rent of RMB1,134,088 for a term from 1 January 2009 to 31 December 2028. On 24 December 2010, Shoulian Supermarket was acquired by the Company and the lease contract remained valid. On 30 September 2017, the Company acquired the Lianchao Company, the subsidiary of Shoulian Group, which owned a property and land located at Xihongmen Road, Daxing District, Beijing.

For the year ended at 31 December 2018 and 31 December 2017, the recognized lease expenses was RMB3,000,000 and RMB4,134,088 respectively.

Note 4: As at 31 December 2018, the borrowing provided by Shoulian Supermarket and Lianchao Limited, which lends to Shoulian Group amounted to RMB135,600,000, repayable on 31 December 2020 as agreed upon. The interest expenses charged on the borrowing due from Shoulian referred to bank loan interest rate during the same period.

十四、其他重要事項（續）

3、 本集團與首聯集團之交易及餘額（續）

(1) 本集團與首聯集團的主要交易如下（續）

註3：於2009年1月1日，本公司向首聯集團租入位於北京市懷柔區開放路的房產及土地（以下簡稱「懷柔大賣場」），租賃期自2009年1月1日至2028年12月31日，合同年租金為人民幣3,000,000元。

於2009年1月1日，首聯超市向首聯集團租入北京市大興區西紅門路的房產及土地，租賃期自2009年1月1日至2028年12月31日，合同年租金為人民幣1,134,088元。於2010年12月24日，首聯超市被本公司收購，該租賃合同繼續有效。2017年9月30日本公司收購了首聯集團之子公司聯超公司，聯超公司擁有北京市大興區西紅門路的房產及土地所有權。

於2018年度及2017年度，本集團確認的租金費用分別為人民幣3,000,000元及4,134,088元。

註 4： 於 2018 年 12 月 31 日，首聯超市及聯超公司向首聯集團提供的資金拆借款餘額為人民幣135,600,000元，雙方約定還款日為2020年12月31日。本集團參考銀行同期貸款利率對向首聯集團提供資金拆借款收取利息費用。

# XIV. OTHER SIGNIFICANTE EVENTS (Continued)

# 3. Transaction and balance between the Group and Shoulian Group (Continued)

# (1) Major transaction between the Group and Shoulian Group (Continued)

Note 5: As at 4 February 2017 the Company paid margin of RMB50,000,000 to Shoulian Group for purchasing its 85% equity interest of Beijing Lianchao Co., Ltd. according to the framework agreement and the amount was paid to the Company for the acquisition of Lianchao Company’s equity interest in the equity investment at 30 September 2017.

# (2) Accounts receivable and accounts payable between the Group and Shoulian Group

十四、其他重要事項（續）

3、 本集團與首聯集團之交易及餘額（續）

(1) 本集團與首聯集團的主要交易如下（續）

註5：於2017年2月4日，本公司根據框架協議向首聯集團支付為收購其所持有的北京聯超商業有限公司85%股權的訂約保證金50,000,000元，該款項於2017年9月30日抵付本公司收購聯超公司股權所需支付的股權投資價款。

(2) 本集團與首聯集團的應收及應付款項如下

<table><tr><td>Item                  項目</td><td>2018.12.31 
二零一八年
十二月三十一日</td><td>2017.12.31
二零一七年
十二月三十一日</td></tr><tr><td>Long-term receivables (Note(VI) 17) 長期應收款（附註六、17)</td><td>135,600,000</td><td>135,600,000</td></tr><tr><td>Prepaid** rents             預付租金</td><td>15,000,000</td><td>18,000,000</td></tr></table>

\* The amounts are associated with one-off prepayments for 15 years by the Group to Shoulian Group under the lease contract of Huairou Hypermarket. That prepaid rents are disclosed in long-term prepaid expenses and other current assets as at the relevant balance sheet dates. Details are referred to Note 3 of the major transactions between the Group and Shoulian Group.

\* 該等款項與本集團根據懷柔大賣場租賃合同對首聯集團一次性預付15年的房屋租金有關，其中預付租金包括在本集團各資產負債表日長期待攤費用及其他流動資產中。請參見上述本集團與首聯集團的主要交易之註3。