Annual Report 2021

China Merchants China Direct Investments Limited Annual Report 2021 130 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2021 15. FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS (CONTINUED) For the year ended 31 December 2020 Name of investees Description of the business Proportion of investee’s capital owned Investment cost Carrying value Dividend/ distribution received during the year % of the Group’s net assets as at year end attributable to the investment US$ million US$ million US$ million China Merchants Bank Co., Ltd. Banking 0.22% 19.79 372 9.45 47.94% China Credit Trust Co., Ltd. Trust management 6.94% 50.49 216 0.81 27.84% JIC Leasing Co., Ltd. Finance leasing 4.98% 38.78 50 Nil 6.40% China UnionPay Co., Ltd. Financial payment 0.17% 31.12 47 0.14 6.09% Iflytek Co., Ltd. Intelligent speech technology 0.31% 18.83 43 0.09 5.50% Pony AI Inc. Autonomous driving 0.68% 8.61 35 Nil 4.54% China Media Creative Industry Private Equity (Shanghai) Centre (Limited Partnership) Media investment 10.13% 0.00 28 1.44 3.58% Rong Bao Zhai Culture Co., Ltd. Artwork marketing N/A 15.87 22 Nil 2.85% Cambricon Technologies Corporation Limited Artificial intelligence chips 0.21% 5.94 17 Nil 2.16% Anhui iFlyHealth Co., Ltd. (formerly Anhui iFlytek Healthcare Information Technology Co., Ltd.) Artificial intelligence medical 3.00% 8.60 14 Nil 1.88%