Annual Report 2024

58 China Merchants China Direct Investments Limited Annual Report 2024 DIRECTORS’ REPORT (CONTINUED) SUBSTANTIAL SHAREHOLDERS As at 31 December 2024, the following persons, other than a Director or chief executives of the Company, had interests in the shares of the Company as recorded in the register of the Company required to be kept under Section 336 of the SFO: Name of shareholder Long/ short position Capacity Number of ordinary shares interested Percentage of total issued shares China Merchants Group Limited (Note 1) Long position Interest of controlled corporation 42,022,041 27.59% China Merchants Steam Navigation Company Limited (Note 1) Long position Interest of controlled corporation 42,022,041 27.59% China Merchants Financial Holdings Co., Ltd. (Note 1) Long position Interest of controlled corporation 42,022,041 27.59% China Merchants Financial Holdings (Hong Kong) Company Limited (Note 1) Long position Interest of controlled corporation 42,022,041 27.59% Good Image Limited Long position Beneficial owner 42,022,041 27.59% Lazard Asset Management LLC Long position Investment manager 28,020,819 18.39% CHAN Kin (Note 2) Long position Interest of controlled corporation 14,032,000 9.21% Argyle Street Management Holdings Limited (Note 3) Long position Interest of controlled corporation 14,032,000 9.21% Argyle Street Management Limited (Note 3) Long position Investment manager 14,032,000 9.21% ASM Co-Investment Term Trust I Long position Beneficial owner 22,000 0.01% ASMH (Cayman) Limited (Note 4) Long position Investment manager 14,010,000 9.20% ASM Connaught House (Master) Fund V LP (Note 3) Long position Interest of controlled corporation Beneficial owner 12,720,000 1,010,000 9.01% Cochrane Street Limited (Note 4) Long position Interest of controlled corporation 12,720,000 8.35% ASM Connaught House General Partner V Limited (Note 4) Long position Investment manager 13,730,000 9.01% ASM Connaught House (Master) Fund III LP (Note 3) Long position Interest of controlled corporation Beneficial owner 12,720,000 280,000 8.53% Cantonment Road Limited (Note 4) Long position Interest of controlled corporation 12,720,000 8.35% ASM Connaught House General Partner III Limited (Note 4) Long position Investment manager 13,000,000 8.53% Meyer Road Limited (Note 5) Long position Interest of controlled corporation 12,720,000 8.35% Loyang Street Limited Long position Beneficial owner 12,720,000 8.35%