May 28, Group President Hu Jianhua met with Chi Jingtao, President of China Grain Reserves Group in Shenzhen. Zhou Song, Group CFO, participated in the meeting.

Hu Jianhua pointed out that China Merchants Group has close cooperation with China Grain Reserves Group in terms of Port of Yingkou and Port of Panjin. CMG will give full play to its advantages in domestic and overseas ports and logistics networks and fully support China Grain Reserves Group's grain business. Chi Jingtao gave an overview of China Grain Reserves Group as well as the grain storage in Yingkou and Panjin Ports. He added that CMG has abundant port resources and masters advanced experience in port operation and management. He hoped that both parties could strengthen cooperation in port and logistics construction and achieve win-win cooperation.