中国飞鹤2024中期报告

China Feihe Limited 6186:() 2024 234133031323335363864 267 Maricorp Services Ltd.P.O. Box 1103, George TownGrand Cayman KY1-1102Cayman Islands Jacques Maurice LAFORGE 10C16 Jacques Maurice LAFORGE Jacques Maurice LAFORGE 3485 Maricorp Services Ltd.P.O. Box 1103, George TownGrand Cayman KY1-1102Cayman Islands 183171712-1716 97927 ir@feihe.com www.feihe.com 6186 10.94‰6.39‰9.050.128.5 • •39,2186.8% • • o60% o(GB10765-2021)(GB10766-2021) o o o 2,80080,00076.8% 363,000 •460,0001,430,000 • • Vitamin World USA Vitamin World USAVitamin WorldVitamin World USA40191Vitamin World USA81.30.8% 9,735.23.7%10,094.9 3,376.04.0%3,242.5 6,359.37.8%6,852.5 65.3%67.9% 869.60.8%862.3 3,459.92.2%3,535.4 757.52.5%738.7 43.14.1%41.3 27.34.1%26.2 2,435.024.4%3,029.4 816.436.9%1,118.0 33.5%36.9% 1,618.718.1%1,911.5 (i)(ii)(iii) 9,667.5 1,267.8510.92.75%3.85% 27,043.722,396.013,213.26,712.61,852.9 (0.36)(0.33) (i)(ii) 416.32.6 C1 C.2.1 C3 C.1.3 XVXV78352 (i) (1)9,067,251,704(2)587,516,458(3)3,889,911,881Harneys Trustees LimitedHarneys Trustees LimitedLYB International Holding LimitedLYB International Holding LimitedGarland Glory HoldingsLimitedGarland Glory Limited3,889,911,881(4)345,681,920Harneys Trustees LimitedHarneys Trustees LimitedRL Equity LLCRL Equity LLCLH Financial Holding LimitedLH Financial Holding Limited345,681,920(5)326,000(6)101,647,734Adroit Shipping LimitedAdroit Shipping Limited(7)23,717,804J.T. Living TrustJ.T. Living Trust23,717,804104,762(8)7,536,151Morgan Stanley PrivateEquity Asia III, LLCMorgan Stanley Private Equity Asia Fund III(9)3,368,918Morgan Stanley PrivateEquity AsiaMorgan Stanley Private Equity Asia Fund III North Haven Private Equity Asia III, L.P. (1)40%(2) XV(i)XV78(ii)352(iii)XV XV23336 (1)9,067,251,704 (a)3,889,911,881Harneys Trustees LimitedHarneys Trustees LimitedLYB International Holding LimitedLYB International Holding LimitedGarland Glory HoldingsLimitedHarneysTrustees LimitedGarland Glory Holdings Limited3,889,911,881 (b)345,681,920Harneys Trustees LimitedHarneys Trustees LimitedLH Capital Holding LimitedLH Capital Holding LimitedLH Financial Holding LimitedHarneys Trustees LimitedLH Financial Holding Limited345,681,920 (c)226,146,556Harneys Trustees LimitedHarneys Trustees LimitedLSH International Holding LimitedLSH International Holding LimitedLSH Investment HoldingLimitedHarneysTrustees LimitedLSH Investment Holding Limited226,146,556 (3)813,663,014Harneys Trustees Limited226,146,556(2c)587,516,458(4) (4)587,516,458 336 9,4362,423 6,554.71,582.6 (1) 0.16321,479,775,4781,352,852,176(i)30%(ii)40%70% 183171712-1716 30% Jacques Maurice LAFORGE (i)DIF(ii)(iii)(iv) DIF(i)(ii) 190,190,7042.10% DIFDIF (1) (2) 190,190,704190,190,704 (i)(ii)(iii) (a)(b)(c) 134,000,1001.48% 121% (10) (10) 1.00 (10) (a)(b)(5)(c) (10)(10)(10) (1)(2)(3)56,80010,086,000 80,696,3000.89%80,696,3000.89% 12 (i)(ii) (i)(ii)(iii) (i)(ii)(iii)(iv) 1010 (10%)906,825,170(0.5%)45,341,258906,825,17045,341,258886,444,08645,341,258 (i)120.1%(ii)120.1% (i)(ii)(iii) (i)(ii)(iii)(a)(b)(c)(iv) (i)(ii) (i)10(ii) (1) (2)3.6876,225,0003.742.4 0.2% 13.51B(1) Tel: +852 2846 9888Fax: +852 2868 4432ey.com Ernst & Young27/F, One Taikoo Place979 King’s RoadQuarry Bay, Hong Kong 31633434 34 2410 34 25,617,272,00024,420,790,000 1. 34 2. 161177 (a)1616 2. (b)12 (c)77 3. • • 3. 3. 3. (a) (b) 4. 4. 5. 6. 85,925,00014% 7. 8. 25%25% 9. 0.148412.50.172114.2 0.163213.50.134911.2 10. 10. 11. 332,733,000342,296,000 33,396,0009,312,0002,082,000315,000 27,090,00027,626,000 12. (a) 1630560 12. (a) (b) 12. 12. (b) 12. (c) 389,207,000391,283,000 13. 14. 16. 17. 15,155,00074,775,000 1,000,0004,092,000 18. 19. (a) (b) 831,000,000875,000,000480,026,000574,346,000 100,000,00044,977,000 19. 20. 20. 20. 20%20%360,000360,000 20. 21.