Annual Report 2021

Report of the Directors 64 CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED Name of party Nature of transaction Note Annual Cap HK$’ million China Merchants Commercial Property Investment Shenzhen Co., Ltd (“ SCMPI ”) Provision of property management services charged to the Group (vii) (10.9)* CMIT Development of the Haixing IT System charged to the Group (viii) (43.41)* Yiu Lian Dockyards (Shekou) Limited ( 友聯船廠 ( 蛇口 ) 有限公司 ) ( “Yiu Lian Shekou ”), Chiwan Container Terminal Co., Ltd. ( 赤灣集裝箱碼頭有限公司 ) (“ Chiwan Container Terminal ”), China Merchants Bonded Logistics Co., Ltd. ( 招商局保稅物流有限公司 ) (“ China Merchants Bonded Logistics ”), CMIT, Shenzhen Chiwan Port Development Co., Ltd. ( 深圳赤灣港口發展有限公司 ) (“ Chiwan Port ”), Shenzhen West Port Security Service Co., Ltd. ( 深圳西部港口保安服務有限公司 ) (“ Shenzhen West Port Security ”) and CMPG Rental income from the leasing of residential housing received by the Group (ix) 10.82* Shenzhen Haixing Port Development Company Limited* ( 深圳海星港口發展有限公司 ) (“ Haixing ”) Provision of technology services for Mawan Smart Port charged by the Group (x) 13.18* Chiwan Container Terminal, Shenzhen Chiwan Port Container Co., Ltd* ( 深圳赤灣港集裝箱有限公司 (“ Chiwan Port Container ”) and Mawan Port Storage Company Limited* ( 深圳媽港倉碼有限公司 ) (“ Mawan Port ”) Provision of technology services for Mawan Smart Port charged to the Group (x) (18.28)* * The transactions and respective annual caps are denominated in other currencies and are converted to HK$ using the exchange rates prevailing on the dates of the announcements on which the annual caps were disclosed. ** This figure represents the cap in respect of the aggregate amount of deposit that may be placed by the Group at any point of time during the year ended 31 December 2021. # This figure represents the cap for the amount receivable by CMIT under the 2021 CMPG IT Services Framework Agreement for the year ended 31 December 2021. As at 17 December 2020, CMIT was held by the Company and CMPG as to 76.84% and 23.16%, respectively. Accordingly, CMIT was a connected subsidiary of the Company under the Listing Rules. However, upon the completion of the equity subscription and capital injection agreement dated 18 December 2020 (the “ Equity Subscription and Capital Injection Agreement ”), CMIT has ceased to be a subsidiary of the Company since 9 February 2021.