Annual Report 2021

CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED 196 Notes to the Consolidated Financial Statements For the year ended 31 December 2021 42. PARTICULARS OF PRINCIPAL SUBSIDIARIES The table below lists only those subsidiaries of the Company which, in the opinion of the directors, principally affect the results for the year or form a substantial portion of the net assets of the Group. To give details of other subsidiaries would, in the opinion of the directors, result in particulars of excessive length. Particulars of the Company’s principal subsidiaries are as follows: Place of incorporation/ Issued registration share capital/ Proportion of effective ownership Name of subsidiary and operation registered capital interest held by the Company Principal activities Directly Indirectly 2021 2020 2021 2020 % % % % China Merchants Bonded Logistics Co., PRC RMB700,000,000 — — 60.00 60.00 Provision of container Limited (Note (b)) related logistics services China Merchants Container Hong Kong HK$500,000 — — 100.00 100.00 Provision of container Services Limited terminal services and ports transportation China Merchants Finance Company British Virgin US$1 100.00 100.00 — — Provision of Limited (Note (g)) Islands financial services China Merchants International PRC US$206,300,000 — — 100.00 100.00 Provision of container Container Terminal (Qingdao) terminal services and Co., Ltd. (Note (a)) ports transportation China Merchants International PRC RMB50,000,000 N/A 76.84 N/A — Provision of computer Technology Company Limited network services (formerly known as China Merchants Holding (International) Technology Company Limited) (Note (f)) China Merchants International British Virgin US$1 100.00 100.00 — — Investment holding Terminals (Ningbo) Limited Islands China Merchants International PRC US$44,000,000 — — 90.10 90.10 Port, container terminal Terminal (Qingdao) Company Ltd. and logistics business (Note (b)) China Merchants Port Services PRC RMB550,000,000 — — 100.00 100.00 Provision of terminal (Shenzhen) Company Limited (Note (a)) services and ports transportation