Recruit Hong Kong B: 2021 Year First Quarter Report (English Edition)

CHINA MERCHANTS PORT GROUP CO., LTD. THE REPORT FOR THE FIRST QUARTER OF 2021 Date of Disclosure: 30 April 2021 Part I Important Notes The Board of Directors (or the “Board”), the Supervisory Committee as well as the directors,supervisors and senior management of China Merchants Port Group Co., Ltd. (hereinafter referredto as the “Company”) hereby guarantee the factuality, accuracy and completeness of the contents of All the Company’s directors have attended the Board meeting for the review of this Report and its Bai Jingtao, the Company’slegal representative,Lu Yongxin,the Company’s Acting ChiefFinancial Officer, and Sun Ligan, the person-in-charge of the accounting organ hereby guarantee Securities Times,Shanghai Securities News,Ta Kung Pao(HK) and www.cninfo.com.cn have beendesignated by the Company for information disclosure. And all information about the Company This Report and its summary have been prepared in both Chinese and English. Should there be any Definitions Part II Key Corporate Information I Key Accounting Data and Financial Information Indicate by tick mark whether there is any retrospectively restated datum in the table below. √Yes □No Reason: Business combination under common control On 18 December2020, the Company signed the Equity Subscription and Capital IncreaseAgreementfor CMHIT with the Company's subsidiaries, CMPort Holdings and CMHIT, Jifa According to theEquity Subscription and Capital Increase Agreement, Jifa Logistics and DPCDwould increase the capital of CMHIT with 29.40% and 49.63% of their respective shares in DPN, The above capital increase was completed on 9 February 2021. Upon completion of the capitalincrease, the Company, CMPort Holdings, Jifa Logistics, DPCD and Yingkou Port Group will hold13.18%, 43.74%, 13.26%, 22.38% and 7.44% equity in CMHIT, respectively. CMHIT remains a Exceptional gains and losses: II Total Number of Shareholders and Holdings of Top 10 Shareholders at 31March 2021 1. Numbers of Ordinary Shareholders and Preferred Shareholders with Resumed VotingRights as well as Holdings of Top 10 Shareholders No such cases in the Reporting Period. 2. Number of Preferred Shareholders and Shareholdings of Top 10 of Them □ Applicable √ Not applicable Part III Significant Events I Changes in Key Financial Statement Line Items and Their Explanation II Progress, Influence and Solutions with regard to Significant Events 1. Stock Option Incentive Plan The Company is implementing the stock option incentive plan, and the review and approval (1) At the 2ndMeeting of the Nomination, Remuneration and Appraisal Committee of the 9thBoardof Directors in 2019 held on 10 October 2019, the following proposals were considered andapproved, including Stock Option Incentive Plan of CMPort (Draft) (hereinafter referred to as the“Stock Option Incentive Plan (Draft)”) and its summary, the Stock Option Incentive Plan ofCMPort (Phase I) (Draft) (hereinafter referred to as the “Stock Option Incentive Plan (Phase I)(Draft)”) and its summary, Management Measures for the Stock Option Incentive Plan of CMPort(hereinafter referred to as the “Management Measures for the Stock Option Incentive Plan”),AppraisalMeasures for Implementing the Stock Option Incentive Plan and ImplementationAppraisal Measures of Stock Option Incentive Plan by China Merchants Port Group Co., Ltd.(hereinafter referred to as “Implementation Appraisal Measures of Stock Option Incentive Plan”).(2) At the 9thExtraordinary Meeting of the 9thBoard of Directors in 2019 held on 11 October 2019,the following proposals were reviewed and approved, including Stock Option Incentive Plan (Draft) Measures for the Stock Option Incentive Plan, Implementation Appraisal Measures of Stock OptionIncentive Plan, and Proposal on Requesting the General Meeting to Authorize the Board of Directorsto Go Through Share Incentive Procedures,and independent directors expressedindependent opinions that agreed these proposals. At the 2ndExtraordinary Meeting of the 9 Supervisory Committee in 2019 held on the same day, the following proposals were reviewed and approved, including Stock Option Incentive Plan (Draft) and its summary, Stock Option IncentivePlan (Phase I) (Draft) and its summary, Management Measures for the Stock Option Incentive Plan, (3) On 3 January 2020, the Company received Approval on the Implementation of Stock OptionIncentive Plan of CMPort (GZKF [2019] No. 748) issued by the State-owned Assets Supervisionand Administration Commission of the State Council from China Merchants Group, the actual (4) At the 1st Stock Option Incentive Plan (Phase I) (Revised Draft) and its summary were reviewed and approved, and independent directors expressed independent opinions that agreed the proposal. At the 1stExtraordinary Meeting of the 9thSupervisory Committee in 2020 held on the same day, StockOption Incentive Plan (Phase I) (Revised Draft) and its summary were reviewed and approved and List of Incentive o