Annual Report 2023

58 China Merchants China Direct Investments Limited Annual Report 2023 DIRECTORS’ REPORT (CONTINUED) SUBSTANTIAL SHAREHOLDERS (CONTINUED) Name of shareholder Long/ short position Capacity Number of ordinary shares interested Percentage of total issued shares ASM Connaught House (Master) Fund V LP (Note 3) Long position Interest of controlled corporation Beneficial owner 8,818,000 322,000 6.00% Cochrane Street Limited (Note 4) Long position Interest of controlled corporation 8,818,000 5.79% ASM Connaught House General Partner V Limited (Note 4) Long position Investment manager 9,140,000 6.00% ASM Connaught House (Master) Fund III LP (Note 3) Long position Interest of controlled corporation Beneficial owner 8,818,000 280,000 5.97% Cantonment Road Limited (Note 4) Long position Interest of controlled corporation 8,818,000 5.79% ASM Connaught House General Partner III Limited (Note 4) Long position Investment manager 9,098,000 5.97% Meyer Road Limited (Note 5) Long position Interest of controlled corporation 8,818,000 5.79% Loyang Street Limited Long position Beneficial owner 8,818,000 5.79% Note 1: China Merchants Group Limited, China Merchants Steam Navigation Company Limited, China Merchants Financial Holdings Co., Ltd. (formerly, China Merchants Finance Investment Holdings Co., Ltd.) and China Merchants Financial Holdings (Hong Kong) Company Limited (formerly, CMF Holdings 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 2: According to the notice filed by CHAN Kin on 1 November 2023, CHAN Kin is deemed to have corporate interests in the shares by virtue of his controlling shareholding (i.e. 50.13%) in Argyle Street Management Holdings Limited and ASMH (Cayman) Limited. Note 3: According to the notices filed by Argyle Street Management Holdings Limited and Argyle Street Management Limited on 1 November 2023, each of Argyle Street Management Holdings Limited, ASM Connaught House (Master) Fund V LP and ASM Connaught House (Master) Fund III LP is 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. Besides, Argyle Street Management Limited held the shares in the capacity of investment manager through its entire shareholding in ASM Co-Investment Term Trust I, ASM Connaught House (Master) Fund V LP and ASM Connaught House (Master) Fund III LP. Note 4: According to the notice filed by ASMH (Cayman) Limited on 1 November 2023, ASMH (Cayman) Limited held the shares in the capacity of investment manager through its controlling shareholding (i.e. 70%) in ASM Connaught House General Partner V Limited and ASM Connaught House General Partner III Limited. Besides, each of Cochrane Street Limited and Cantonment Road Limited is deemed to have corporate interests in the shares by virtue of its controlling shareholding (i.e. 62.52% and 37.45% respectively) in Meyer Road Limited. Note 5: According to the notices filed by ASM Connaught House (Master) Fund V LP and ASM Connaught House General Partner V Limited on 30 November 2023, Meyer Road Limited is deemed to have corporate interests in the shares by virtue of its controlling shareholding (i.e. 85.71%) 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.