Annual Report 2023

Notes to the Consolidated Financial Statements For the year ended 31 December 2023 196 CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED 40. PARTICULARS OF PRINCIPAL SUBSIDIARIES (CONTINUED) Place of Issued incorporation/ share capital/ registration registered Proportion of effective ownership Name of subsidiary and operation capital interest held by the Company Principal activities Directly Indirectly 2023 2022 2023 2022 % % % % CMH International (China) Investment Co., Ltd. (Note (a)) PRC US$67,400,000 100.00 100.00 — — Investment holding CMHI Finance (BVI) Co., Ltd (Note (g)) British Virgin Islands US$1 100.00 100.00 — — Provision of financial services Colombo International Container Terminals Limited Republic of Sri Lanka US$150,000,088 — 85.00 85.00 — Provision of container terminal services in Colombo, Sri Lanka Hambantota International Port Group (Private) Limited Republic of Sri Lanka US$1,145,480,000 — — 65.00 65.00 Port development, management and operation Hambantota International Port Services Company (Private) Limited (Note (d)) Republic of Sri Lanka US$606,000,000 — — 37.70 37.70 Port management Lomé Container Terminal S.A. (Note (c)) Togolese Republic XOF200,000,000 — — 50.00 35.00 Provision of container terminal services in Lomé, Togo Mega Shekou Container Terminals Limited British Virgin Islands US$120 80.00 80.00 — — Investment holding Ningbo Daxie China Merchants International Terminals Co., Ltd. (Notes (b) and (e)) PRC RMB1,209,090,000 N/A — N/A 45.00 Provision of port and container terminal services in Daxie Port Zone of Ningbo, China Shantou China Merchants Port Group Co., Ltd. PRC RMB125,000,000 — — 60.00 60.00 Provision of terminal services in Shantou, Guangdong Province, China Shekou Container Terminals Ltd. (Note (a)) PRC HK$618,201,150 — — 80.00 80.00 Operation of berths No. 1 & 2 in Shekou, China Shekou Container Terminals (Phase II) Company Limited (Note (a)) PRC RMB608,549,000 — — 80.00 80.00 Operation of berths No. 3 & 4 in Shekou, China Shekou Container Terminals (Phase III) Company Limited (Note (a)) PRC RMB1,276,000,000 — — 80.00 80.00 Operation of berths No. 5 to 9 in Shekou, China 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 RMB10,000,000 100.00 100.00 — — Provision of services on ports construction