Annual Report 2019

87 ANNUAL REPORT 2019 SUBSTANTIAL SHAREHOLDERS As at 31 December 2019, the following persons, other than a Director or chief executive of the Company, have interest or short position in the shares and underlying shares of the Company as recorded in the register of the Company required to be kept under section 336 of the SFO: Long Positions Name of substantial shareholder Capacity Shares/underlying shares held Percentage to total issued shares China Merchants Group Limited Interest of Controlled Corporation 2,167,807,784 (1,2,3) 62.85% China Merchants Steam Navigation Company Limited Interest of Controlled Corporation 2,164,807,784 (2) 62.77% China Merchants Holdings (Hong Kong) Company Limited Interest of Controlled Corporation 2,164,807,784 (2) 62.77% Broadford Global Limited Interest of Controlled Corporation 1,411,014,033 (2) 40.91% Rainbow Reflection Limited Interest of Controlled Corporation 1,411,014,033 (2) 40.91% China Merchants Investment Development Company Limited Interest of Controlled Corporation 1,411,014,033 (2) 40.91% China Merchants Port Group Co., Ltd. Beneficial Owner 1,411,014,033 (2) 40.91% China Merchants Union (BVI) Limited Beneficial Owner 753,793,751 (2) 21.86% China Merchants Shekou Industrial Zone Holdings Company Limited Interest of Controlled Corporation 3,000,000 (1,3) 0.09% Top Chief Company Limited Interest of Controlled Corporation 3,000,000 (3) 0.09% Orienture Holdings Company Limited Beneficial Owner 3,000,000 (3) 0.09% Pagoda Tree Investment Company Limited Interest of Controlled Corporation 753,793,751 (4) 21.86% Compass Investment Company Limited Interest of Controlled Corporation 753,793,751 (4) 21.86% CNIC Corporation Limited Interest of Controlled Corporation 753,793,751 (4) 21.86% Verise Holdings Company Limited Interest of Controlled Corporation 753,793,751 (4) 21.86% Notes: 1. Each of China Merchants Steam Navigation Company Limited (“ CMSN ”) and China Merchants Shekou Industrial Zone Holdings Co., Ltd. (“ CMSIZ ”) is a subsidiary of China Merchants Group Limited (“ CMG ”). CMG is deemed to be interested in 2,167,807,784 shares, which represents the aggregate of 2,164,807,784 shares deemed to be interested by CMSN (see Note 2 below) and 3,000,000 shares deemed to be interested by CMSIZ (see Note 3 below). 2. China Merchants Holdings (Hong Kong) Company Limited (“ CMHK ”) is wholly-owned by CMSN and Broadford Global Limited (“ Broadford ”), is in turn wholly-owned by CMHK. Rainbow Reflection Limited (“ Rainbow ”) is 74.66%-owned by Broadford and 25.34%-owned by China Merchants Union (BVI) Limited (“ CMU ”). China Merchants Investment Development Company Limited (“ CMID ”) is in turn wholly-owned by Rainbow. China Merchants Port Group Co., Ltd. (“ CMPG ”) is 64.05%-owned by CMID and CMU is 50%-owned by CMHK. CMSN is deemed to be interested in 2,164,807,784 shares which are deemed to be interested by CMHK. Such shares represent the aggregate of 753,793,751 shares beneficially held by CMU and 1,411,014,033 shares beneficially held by CMPG. 3. Top Chief Company Limited (“ Top Chief ”) is wholly-owned by CMSIZ and Orienture Holdings Company Limited (“ Orienture ”) is in turn wholly-owned by Top Chief. CMSIZ is deemed to be interested in the 3,000,000 shares which are deemed to be interested by Top Chief. Such shares represent the 3,000,000 shares beneficially held by Orienture which is wholly-owned by Top Chief. 4. According to the disclosure of interests form submitted by Pagoda Tree Investment Company Limited (“ Pagoda Tree ”) on 24 May 2018, 50% interest in CMU is owned by Verise Holdings Company Limited (“ Verise Holdings ”), which is wholly-owned by CNIC Corporation Limited (“ CNIC Corporation ”), which is in turn 90%-owned by Compass Investment Company Limited (“ Compass Investment ”), which is in turn wholly-owned by Pagoda Tree. Therefore, each of Verise Holdings, CNIC Corporation, Compass Investment and Pagoda Tree is deemed to be interested in the 753,793,751 shares beneficially held by CMU. Short Positions Nil Save as disclosed above, there was no person, other than a Director or chief executive of the Company, who has an interest or short position in the shares and underlying shares of the Company as recorded in the register of the Company kept under section 336 of the SFO.