CHINA MERCHANTS CHINA DIRECT INVESTMENTS LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
CHINA MERCHANTS CHINA DIRECT INVESTMENTS LIMITED
招 商 局 中 國 基 金 有 限 公 司
(Incorporated in Hong Kong with limited liability)
(Stock Code: 133)
BREAKDOWN OF TOTAL ASSETS AS AT 30 SEPTEMBER 2019
The following table shows the unaudited figures of a breakdown of total assets of China Merchants China Direct Investments Limited (the "Company") as at 30 September 2019.
(A) Major Investments
Listed (Stock | ||||||
Location of | Main | Exchange)/ | Carrying | Percentage of | ||
Name of projects | headquarters | Business | unlisted | value | total assets | |
(US$ million) | % | |||||
Financial Services: | ||||||
1. | China Merchants Bank Co., Ltd. | Shenzhen, | Banking | Shanghai | 271 | 34.70 |
Guangdong | Stock Exchange | |||||
2. | China Credit Trust Co., Ltd. | Beijing | Trust management | Unlisted | 175 | 22.37 |
3. | JIC Leasing Co., Ltd. | Beijing | Finance leasing | Unlisted | 28 | 3.60 |
4. | China Reinsurance (Group) | Beijing | Reinsurance | Hong Kong | 11 | 1.38 |
Corporation | Stock Exchange | |||||
5. | China Media (Tianjin) Investment | Tianjin | Fund management | Unlisted | 2 | 0.28 |
Management Co., Ltd. | ||||||
Sub-total: | 487 | 62.33 | ||||
Culture, Media & Consumption: | ||||||
6. | China Media Creative Industry | Shanghai | Media investment | Unlisted | 40 | 5.09 |
Private Equity (Shanghai) Centre | ||||||
(Limited Partnership) | ||||||
7. | NBA China, L.P. | Beijing | Sports marketing | Unlisted | 28 | 3.54 |
8. | Unibank Media Group Inc. | Beijing | Indoor media | Unlisted | 1 | 0.06 |
9. | Oriental Pearl Media Co., Ltd. | Shanghai | Multimedia | Shanghai | 6 | 0.77 |
Stock Exchange | ||||||
10. | Yunnan Jinlanmei International | Xishuangbanna, | Travel | Unlisted | 2 | 0.31 |
Travel Investment Development | Yunnan | |||||
Co., Ltd. | ||||||
11. | Rong Bao Zhai Culture Co., Ltd. | Beijing | Artwork marketing | Unlisted | 41 | 5.27 |
12. | Qinghai Provincial Qinghai Lake | Xining, | Travel | Unlisted | 7 | 0.96 |
Tourism Group Co., Ltd. | Qinghai | |||||
Sub-total: | 125 | 16.00 |
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Information Technology: | ||||||
13. | Xi'an Jinpower Electrical Co., Ltd. | Xi'an, | Power grid | New Third | 1 | 0.09 |
Shaanxi | monitoring system | Board | ||||
14. | Anhui Iflytek Venture Capital LLP | Hefei, | Information | Unlisted | 9 | 1.14 |
Anhui | technology | |||||
investment | ||||||
15. | Iflytek Co., Ltd. | Hefei, | Intelligent speech | Shenzhen | 30 | 3.92 |
Anhui | technology | Stock Exchange | ||||
16. | Ningbo Meishan Free Trade | Beijing | Information | Unlisted | 5 | 0.62 |
Port Area Jiangmen Venture | technology | |||||
Capital LLP | investment | |||||
17. | Beijing CAS Cambricon | Beijing | Artificial | Unlisted | 4 | 0.48 |
Technology Co., Ltd. | intelligence chips | |||||
18. | Pony AI Inc. | Fremont, | Autonomous driving | Unlisted | 15 | 1.90 |
California | ||||||
19. | Shenzhen Arashi Vision Co., Ltd. | Shenzhen, | 360 degree video | Unlisted | 3 | 0.36 |
Guangdong | products | |||||
Sub-total: | 67 | 8.51 | ||||
Others: | ||||||
(i) | Manufacturing: | |||||
20. | Shenzhen Geesun Intelligent | Shenzhen, | Production | Unlisted | 3 | 0.33 |
Technology Co., Ltd. | Guangdong | equipment for | ||||
lithium ion batteries | ||||||
21. | Jiangsu Huaer Quartz Materials | Yangzhou, | High purity | Unlisted | 0 | 0.04 |
Co., Ltd. | Jiangsu | silica crucibles | ||||
22. | Hwagain Group Co., Ltd. | Nanning, | Printing paper & | Unlisted | 10 | 1.39 |
Guangxi | tissue paper |
- Energy & Resources:
23. Wuhan Rixin Technology Co., | Wuhan, | Solar energy | New Third | 3 | 0.33 |
Ltd. | Hubei | Board |
- Education:
24. Guangxi Xinhua Preschool | Nanning, | Preschool | Unlisted | 7 | 0.90 |
Education Investment | Guangxi | education | |||
Corporation Limited | |||||
Sub-total: | 23 | 2.99 | |||
Total: | 702 | 89.83 |
(B) Other Assets
Other receivables | N/A | N/A | 6 | 0.81 |
Bank balances and cash (including an amount of | N/A | N/A | 73 | 9.36 |
US$44.51 million, denominated in RMB) | ||||
Total: | 79 | 10.17 | ||
Grand total: | 781 | 100.00 | ||
Note:
The Company carries its investments (specifically financial assets) at fair value in accordance with the Hong Kong Financial Reporting Standards. The Company selects appropriate valuation techniques for investments not quoted in an active market. Valuation techniques commonly used by market practitioners are applied, and an independent valuer has been participating in the valuation of certain investments. The values assigned to the investments are estimated with the best information available to the Company.
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For and on behalf of
CHINA MERCHANTS CHINA DIRECT
INVESTMENTS LIMITED
WANG Xiaoding
Director
Hong Kong, 15 October 2019
As at the date hereof, the Executive Directors of the Company are Mr. CHU Lap Lik, Victor, Mr. WANG Xiaoding and Mr. TSE Yue Kit; the Non-executive Directors are Mr. ZHANG Jian, Mr. ZHANG Rizhong and Mr. KE Shifeng; and the Independent Non-executive Directors are Mr. LIU Baojie, Mr. TSANG Wah Kwong and Dr. LI Fang. In addition, Ms. KAN Ka Yee, Elizabeth is the Alternate Director to Mr. CHU Lap Lik, Victor.
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China Merchants China Direct Investments Ltd. published this content on 15 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2019 08:46:05 UTC
