Annual Report 2019

China Merchants China Direct Investments Limited Annual Report 2019 115 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2019 15. FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS (CONTINUED) For the year ended 31 December 2018 Name of investees Description of the business Proportion of investee’s capital owned Investment cost Carrying value Dividend/ distribution received during the year % of the Group’s net assets as at year end attributable to the investment US$ million US$ million US$ million China Merchants Bank Co., Ltd. Banking 0.22% 19.79 202 6.95 35.23% China Credit Trust Co., Ltd. Trust management 6.94% 50.49 149 2.19 25.94% China Media Creative Industry Private Equity (Shanghai) Centre (Limited Partnership) Media investment 10.13% 0.00 42 1.70 7.22% Rong Bao Zhai Culture Co., Ltd. Artwork marketing N/A 43.36 41 Nil 7.20% Qinghai Provincial Qinghai Lake Tourism Group Co., Ltd. Travel N/A 30.43 35 Nil 6.10% JIC Leasing Co., Ltd. Finance leasing 6.46% 38.78 28 Nil 4.82% Iflytek Co., Ltd. Intelligent speech technology 0.33% 18.83 24 0.07 4.25% NBA China, L.P. Sports marketing 1% participating preferred unit 0.00 15 0.50 2.62% China Reinsurance (Group) Corporation Reinsurance 0.16% 19.31 14 0.44 2.37% Hwagain Group Co., Ltd. Manufacture of printing paper & tissue paper 7.10% 19.00 13 Nil 2.19%