Annual Report 2025

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2025 China Merchants China Direct Investments Limited Annual Report 2025 141 8. SEGMENTAL INFORMATION (CONTINUED) The following is an analysis of the Group’s reportable and operating segments for the year under review. For the year ended 31 December 2025 Reportable segments Financial services Culture, media and consumption Information technology Total reportable segments Others Total US$ US$ US$ US$ US$ US$ Net gain (loss) on financial assets at FVTPL 65,358,822 (8,657,255) 169,945,832 226,647,399 3,460,599 230,107,998 Dividend income on financial assets at FVTPL 16,953,701 1,426,666 230,677 18,611,044 — 18,611,044 Other gains — 1,587,021 — 1,587,021 — 1,587,021 Segment profit (loss) 82,312,523 (5,643,568) 170,176,509 246,845,464 3,460,599 250,306,063 Unallocated: – Administrative expenses (2,669,108) – Interest income on bank deposits 509,636 – Other losses (153,863) Profit before taxation 247,992,728 For the year ended 31 December 2024 Reportable segments Financial services Culture, media and consumption Information technology Total reportable segments Others Total US$ US$ US$ US$ US$ US$ Net gain (loss) on financial assets at FVTPL 97,866,966 9,439,921 30,919,792 138,226,679 (727,016) 137,499,663 Dividend income on financial assets at FVTPL 15,310,581 1,651,634 217,359 17,179,574 — 17,179,574 Other gains — 1,290,177 — 1,290,177 — 1,290,177 Segment profit (loss) 113,177,547 12,381,732 31,137,151 156,696,430 (727,016) 155,969,414 Unallocated: – Administrative expenses (12,112,055) – Interest income on bank deposits 608,748 – Other gains 3,869,771 Profit before taxation 148,335,878