Annual Report 2019

5 ANNUAL REPORT 2019 AUGUST Tianjin Five Continents, which was invested by CMPort, completed the merger with Tianjin Port Container Terminal Co., Ltd. and Tianjin Orient Container Terminals Co., Ltd., upon which CMPort held 7.31% equity interests in the enlarged Tianjin Port Container Terminal Co, Ltd.. OCTOBER The expansion project of CMPort’s TCP Participações S.A. in Brazil was completed and put into operation. OCTOBER The Tonggu Channel on the West of Shenzhen, which leads to the West Shenzhen Port Zone of CMPort, was certified by the navigation notice of Shenzhen Maritime Safety Administration that the actual channel depth of water measured was 17.5 metres, which signified a breakthrough and further enhancement of the capability achieved by the West Shenzhen Port Zone to serve ultra-large container vessels of 200,000 DWT. JULY Shantou China Merchants Port Group Co., Ltd. completed the construction of Guang’ao Port Zone Phase II and commenced trial operation. DECEMBER CMPort entered into a master agreement with CMA CGM SA (“ CMA CGM ”), CMA Terminals Holdings SAS, Terminal Link SAS (“ Terminal Link ”) and China Merchants (Luxembourg) S.à r.l. to finance for Terminal Link’s proposed acquisition of the equity interest in up to 10 terminals under CMA CGM, and revised Terminal Link’s shareholders’ agreement.