China Merchants Holdings (International) Co. Ltd. (CMHI) is an investment holding company. Through its subsidiaries, the Company operates as a port investor and operator in China. It operates in three main business segments. Ports operations include container terminal operation, bulk and general cargo terminal operation, ports transportation and airport cargo handling operation by the Company and its associates and jointly controlled entities. Ports-related operations includes paint manufacturing by the Company and container manufacturing by the its associate. Other operations include toll road operation and property development and investment. The Company’s three business operations are managed in its headquarters in Hong Kong and other offices in Mainland China. During the year ended December 31, 2008, the Company’s ports handled 211 million tons of bulk cargoes. On April 30, 2008, CHMI acquired 70% equity interest in China Merchants Cold Chain Logistics (China) Company Limited.