The board of directors of China Merchants China Direct Investments Limited announced that with effect from April 26, 2022, TSE Yue Kit has ceased to be an Executive Director of the Company and has been re-designated as a Non-executive Director of the Company due to job arrangement. TSE was an Executive Director of the Company from November 2000 to April 2022. TSE currently holds directorship in a subsidiary of the Company and in China Merchants China Investment Management Limited.

TSE was the General Manager in the Private Equity Department of China Merchants Finance Holdings Company Limited from September 2011 to September 2021.