Company: HMDCF
Filing Date: 2025-03-19
Form Type: 20-F
Source: 0001410578-25-000377
Chunk: 682

Company: HUTCHMED (China) Ltd
Filing Date: 2025-03-19
Form: 20-F
Item: Item 16K
Chunk 682
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5,353)  
                                                                  ( 4,884)      ( 8,402)      ( 13,509)  

F-43

Table of Contents

23. Significant Transactions with Related Parties and Non-Controlling Shareholders of Subsidiaries
The Group has the following significant transactions with related parties and non-controlling shareholders of subsidiaries, which were carried out in the normal course of business at terms determined and agreed by the relevant parties:
(i) Transactions with related parties:
───────────────────────────────────────────────
Year Ended December 31,
2024 2023 2022
───────────────────────────────────────────────────────────────────────────────────────────────────────────
(in US$ ’ 000)
Sales to:
Indirect subsidiaries of CK Hutchison 5 1,914 3,610
An equity investee 3,849 6,350 1,683
3,854 8,264 5,293
Revenue from research and development services from:
An equity investee 471 481 507
Purchases from:
An equity investee 2,777 3,651 4,231
Rendering of marketing services from:
Indirect subsidiaries of CK Hutchison - 150 227
An equity investee - - 127
 - 150 354
Rendering of management services from:
An indirect subsidiary of CK Hutchison 1,087 997 980
Divestment of subsidiaries to:
An indirect subsidiary of CK Hutchison (note (a)) - 5,103 - 
(ii) Balances with related parties included in:
────────────────────────────────────────────────────────
December 31,
2024 2023
────────────────────────────────────────────────────────────────────────────────────────────
(in US$ ’ 000)
Accounts receivable - related parties
An equity investee (note (b)) 452 1,896
Amounts due from related parties
An indirect subsidiary of CK Hutchison (note (b)) - 228
An equity investee (note (b) and (c)) 7,899 28,234
7,899 28,462
Other payables, accruals and advance receipts
Indirect subsidiaries of CK Hutchison (note (d) and (f)) 1,928 2,017
An equity investee (note (b) and (e)) 88 145
2,016 2,162
Other non-current liabilities
An equity