Annual Report 2019

DIRECTORS’ REPORT (CONTINUED) China Merchants China Direct Investments Limited Annual Report 2019 40 DIRECTORS The Directors of the Company during the year and up to the date of this report were: Mr. ZHANG Jian* (Chairman) Mr. ZHANG Rizhong* Mr. CHU Lap Lik, Victor # Mr. WANG Xiaoding # Mr. TSE Yue Kit # Ms. KAN Ka Yee, Elizabeth (alternate to Mr. CHU Lap Lik, Victor # ) Mr. KE Shifeng* Mr. LIU Baojie** Mr. TSANG Wah Kwong** Dr. LI Fang** # Executive Directors * Non-executive Directors ** Independent Non-executive Directors As at the date of this report, in accordance with Article 105 of the Articles of Association of the Company, Mr. WANG Xiaoding, Mr. KE Shifeng and Mr. TSANG Wah Kwong retire and, being eligible, offer themselves for re- election. The Company has received annual confirmation from each of the Independent Non-executive Directors as regards their independence pursuant to Rule 3.13 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) and considers that each of the Independent Non-executive Directors is independent to the Company.