Annual Report 2023

199 ANNUAL REPORT 2023 41. PARTICULARS OF PRINCIPAL ASSOCIATES Name of associate Place of incorporation/ registration and operation Proportion of effective ownership interest held by the Company Principal activities 2023 2022 % % China Merchants International Technology Company Limited PRC 43.74 43.74 Provision of computer network services China Nanshan Development (Group) Incorporation (Note (a)) PRC 37.01 37.01 Investment holding Chiwan Container Terminal Co., Ltd. (Notes (a) and (b)) PRC 14.16 14.16 Ports and container terminal business Chu Kong River Trade Terminal Co., Limited British Virgin Islands 20.00 20.00 Provision of shuttle-barge ports services Liaoning Port Company Limited (shares listed on the HKSE and the Shanghai Stock Exchange) (Notes (a) and (b)) PRC 11.32 11.32 Provision of terminal and logistics services Modern Terminals Limited Hong Kong 27.01 27.01 Provision of container terminal services and warehouse services Port de Djibouti S.A. Republic of Djibouti 23.50 23.50 Operations of seaports and terminals and port related business in Djibouti Shanghai International Port (Group) Co., Ltd. (A shares listed on the Shanghai Stock Exchange) (Note (a)) PRC 28.05 28.05 Ports and container terminal business and related services