Annual Report 2025

DIRECTORS’ REPORT (CONTINUED) 50 China Merchants China Direct Investments Limited Annual Report 2025 BIOGRAPHICAL DETAILS OF DIRECTORS AND SENIOR MANAGEMENT Mr. ZHOU Xing, aged 45, has been the Chairman and Non-executive Director of the Company since April 2021. He is currently the Deputy General Manager and Secretary of the board of China Merchants Financial Holdings Co., Ltd., a substantial shareholder of the Company. Prior to this, he was a Standing Member of the Executive Committee of China Merchants Financial Services Business Unit under China Merchants Group Limited (“ China Merchants Group ”). He is also a Director of China Merchants Capital Investment Co., Ltd. Mr. ZHOU has joined the China Merchants Group over 10 years. He has a number of years practical experiences in strategic research, merger & acquisition and investment, asset management, etc. Mr. ZHOU obtained his bachelor’s degrees in Economics and in Management from the Huazhong University of Science and Technology, PRC. Ms. YAO Wang, aged 39, was appointed as a Non-executive Director of the Company on 20 June 2025. She is currently a Deputy General Manager, a member of the Executive Committee and also the person in charge of compliance and risk control of China Merchants Capital Investment Co., Ltd., an associate of China Merchants Group which is a substantial shareholder of the Company. Ms. YAO was previously the Deputy General Manager and the Department In-charge in the Direct Investment Department of China Merchants Financial Holdings Co., Ltd. (a subsidiary of China Merchants Group). Ms. YAO has over 15 years of experience in the operation of private equity fund platforms. She has participated in the preparation for the establishment of a number of private equity and enterprise venture capital fund management platforms, and promoted the integration of domestic and international fund management companies at hundred-billion level. Ms. YAO holds a Master of Philosophy in Economics from the Chinese University of Hong Kong, a bachelor’s degree in Economics and a bachelor’s degree in Science from Peking University.