204 PRINCIPAL SUBSIDIARY, JOINT VENTURE AND ASSOCIATED COMPANIES Showing proportion of capital owned at 31st December 2024 Attributable to the Group % Owned directly % Owned by subsidiaries % Issued and fully paid up shares/Registered capital Principal activities Joint venture companies (continued): Incorporated in the British Virgin Islands with limited liability: Dazhongli Properties Limited (operating in the Chinese Mainland) 50 – 50 1,000 shares of US$1 each Holding company Fortune Access Holdings Limited (operating in Hong Kong) 25 – 25 100 shares of US$1 each Holding company Newfoundworld Investment Holdings Limited (operating in Hong Kong) 26.67 – 26.67 15 shares of US$1 each Holding company Parico Resources Limited(d) (operating in Hong Kong) 50 – (c) 2 shares of US$1 each Holding company Incorporated in the Chinese Mainland with limited liability and operating in the Chinese Mainland: (Domestic companies) Beijing Linlian Real Estate Company Limited(b)(d) 50 – 50 Registered capital of RMB400,000,000 Property investment Shanghai Kaiye Commercial Management Company Limited(b) 60 – 60 Registered capital of RMB10,000,000 Property management (Wholly foreign owned enterprise) Guan Feng (Shanghai) Real Estate Development Company Limited(b) 50 – (c) Registered capital of US$1,136,530,000 Property investment (Sino-foreign joint ventures) Beijing Xingtaitonggang Properties Company Limited(b)(d) 49.895 – 49.895 Registered capital of RMB9,500,000,000 Property investment Guangzhou Jushi Investment Development Company Limited(b) 50 – 50 Registered capital of RMB3,670,000,000 Property investment Shanghai Qianxiu Company Limited(b) 50 – 50 Registered capital of RMB1,549,777,000 Property investment Sanya CDF Seaside Investment & Development Company Limited(b)(d) 50 – 50 Registered capital of RMB2,500,000,000 Property investment Incorporated in Indonesia with limited liability and operating in Indonesia: PT Jantra Swarna Dipta 50 – 50 1,728,176 shares of Rp1,000,000 each Property trading Incorporated in Thailand with limited liability and operating in Thailand: City Dynamic Co., Ltd.(d) 40 – 40 165,000,000 shares of Baht10 each Property trading Associated companies: Incorporated in Hong Kong with limited liability and operating in Hong Kong: Greenroll Limited(d) 20 20 – 45,441,000 shares (HK$454,410,000) Hotel investment Queensway Hotel Limited(d) 20 – (c) 100,000 shares (HK$1,000,000) Hotel investment Shangri-La International Hotels (Pacific Place) Limited 20 20 – 10,005,000 shares (HK$10,005,000) Hotel investment Incorporated in the Chinese Mainland with limited liability and operating in the Chinese Mainland: (Sino-foreign joint ventures) Shanghai Dongmao Real Estate Limited(b) 40 – 40 Registered capital of RMB16,000,000,000 Property investment Shanghai Yaolong Investment Limited(b) 40 – 40 Registered capital of RMB2,200,000,000 Property trading and investment Incorporated in Vietnam with limited liability and operating in Vietnam: City Garden Thu Thiem Limited Liability Company(d) 20 – (c) Charter capital of VND969,797,500,000 Property trading