Annual Report 2019

231 ANNUAL REPORT 2019 44. PARTICULARS OF PRINCIPAL SUBSIDIARIES (CONTINUED) Name of subsidiary Place of incorporation/ registration and operation Issued share capital/ registered capital Proportion of effective ownership interest held by the Company Principal activities Directly Indirectly 2019 2018 2019 2018 % % % % Shenzhen China Merchants Qianhaiwan Property Company Limited PRC RMB200,000,000 — — 100.00 100.00 Property holding Shenzhen Haiqin Engineering Supervision & Management Co., Ltd. (Note (a)) PRC RMB3,000,000 — — 100.00 100.00 Provision of services on ports construction Shenzhen Haixing Harbour Development Company Ltd. (Note (b)) PRC RMB530,729,167 — — 67.00 67.00 Provision of container terminal services Shenzhen Jinyu Rongtai Investment Development Company Limited PRC RMB800,000,000 — — 100.00 100.00 Property holding Shenzhen Mawan Port Service Co., Ltd. (Note (b)) PRC RMB200,000,000 — — 70.00 70.00 Operation of berth No. 5 in Mawan, Shenzhen, the PRC Shenzhen Mawan Terminals Co., Ltd. (Note (b)) PRC RMB335,000,000 — — 70.00 70.00 Operation of berths No. 6 & No. 7 in Mawan, Shenzhen, the PRC Shenzhen Mawan Wharf Co., Ltd. (Note (b)) PRC RMB200,000,000 — — 70.00 70.00 Operation of berth No. 0 in Mawan, Shenzhen, the PRC TCP Participações S.A. Federative Republic of Brazil Brazilian Real 68,851,561 — — 67.45 90.00 Provision of container terminal services Xia Men Bay China Merchants Terminals Co., Ltd. (Notes (b) and (d)) PRC RMB354,050,000 — — 31.00 31.00 Provision of terminal services and ports transportation Zhangzhou China Merchants Port Co., Ltd. (Note (b)) PRC RMB1,000,000,000 — — 60.00 60.00 Operation of berths No. 3 to 6 in the Zhangzhou Economic Development Zone Fujian Province, the PRC