Annual Report 2021

ANNUAL REPORT 2021 199 42. PARTICULARS OF PRINCIPAL SUBSIDIARIES (CONTINUED) 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 % % % % Shenzhen Mawan Terminals Co., Ltd. PRC RMB335,000,000 — — 70.00 70.00 Operation of berths (Note (b)) No. 5 to 7 in Mawan, Shenzhen, the PRC Shenzhen Mawan Wharf Co., Ltd. PRC RMB200,000,000 — — 70.00 70.00 Operation of berth (Note (b)) No. 0 in Mawan, Shenzhen, the PRC TCP Participações S.A. (Note (i)) Federative Republic Brazilian Real — — 77.45 77.45 Provision for container of Brazil 68,851,561 terminal services Xia Men Bay China Merchants PRC RMB444,500,000 — — 31.00 31.00 Provision of terminal Terminals Co., Ltd. services and ports (Notes (b) and (d)) transportation Zhangzhou China Merchants PRC RMB1,167,000,000 — — 60.00 60.00 Operation of berths Port Co., Ltd. (Note (b)) No. 3 to 6 in the Zhangzhou Economic Development Zone, Fujian Province, the PRC Zhangzhou China Merchants PRC RMB15,000,000 — — 70.00 70.00 Operation of tugboats Tugboat Company Limited (Note (b)) in the Zhangzhou Economic Development Zone, Fujian Province, the PRC 安運捷碼頭倉儲服務 ( 深圳 ) 有限公司 PRC RMB60,600,000 — — 80.00 80.00 Holding of certain pieces (Note (a)) of land in Shekou, the PRC