Annual Report 2019

China Merchants China Direct Investments Limited Annual Report 2019 49 DIRECTORS’ REPORT (CONTINUED) SUBSTANTIAL SHAREHOLDERS As at 31 December 2019, the following persons, other than a Director or chief executives of the Company, had interests in the shares of the Company as recorded in the register of the Company required to be kept under Section 336 of the SFO: Name of shareholder Long/short position Capacity Number of ordinary shares interested Percentage of total issued shares China Merchants Group Limited (Note 2) Long position Interest of controlled corporation 42,022,041 27.59% China Merchants Steam Navigation Company Limited (Note 3) Long position Interest of controlled corporation 42,022,041 27.59% China Merchants Holdings (Hong Kong) Company Limited (Note 1) Long position Interest of controlled corporation 42,022,041 27.59% China Merchants Finance Holdings Company Limited (Note 2) Long position Interest of controlled corporation 42,022,041 27.59% China Merchants Financial Services Limited (Note 2) Long position Interest of controlled corporation 42,022,041 27.59% Good Image Limited Long position Beneficial owner 42,022,041 27.59% Lazard Asset Management LLC Long position Investment manager 27,564,206 18.09% Note 1: China Merchants Holdings (Hong Kong) Company Limited is deemed to have corporate interests in the shares by virtue of its controlling shareholding (i.e. 99.34%) in the company whose name is set out immediately under it. Note 2: China Merchants Group Limited, China Merchants Finance Holdings Company Limited and China Merchants Financial Services Limited are deemed to have corporate interests in the shares by virtue of its entire shareholding in the company whose name is set out immediately under it. Note 3: China Merchants Steam Navigation Company Limited is deemed to have corporate interests in the shares by virtue of its controlling shareholding (i.e. 89.45%) in the company whose name is set out immediately under it. Save as disclosed above, there was no person, other than a Director or chief executives of the Company, who had an interest or short position in the shares and underlying shares of the Company as recorded in the register required to be kept under Section 336 of the SFO.