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 151 16. OTHER RECEIVABLES AND PREPAYMENTS 2025 2024 US$ US$ Interest receivable 50,571 — Other receivables and prepayments 1,531,582 194,801 Total 1,582,153 194,801 17. CASH AND CASH EQUIVALENTS Cash and cash equivalents comprise current accounts, savings accounts and short-term bank deposits at fixed prevailing market interest rates. Cash and cash equivalents held by subsidiaries in the PRC are subject to exchange control restrictions. The carrying amount of such balances in the consolidated financial statements as at 31 December 2025 was approximately of US$15.99 million (2024: US$15.51 million). 18. OTHER PAYABLES 2025 2024 US$ US$ Management fee payable 2,833,766 6,897,939 Other payables 19,719,237 19,643,159 Total 22,553,003 26,541,098 19. TAXATION PAYABLE The taxation payable represents applicable PRC taxes calculated at the rates prevailing in the relevant regions mainly for the Enterprise Income Tax arose from PRC subsidiaries.