REF HOLDINGS2025年年报

23491230394445464748108 99595906–5912 Ocorian Trust (Cayman) LimitedWindward 3Regatta Office ParkPO Box 1350Grand CaymanKY1-1108Cayman Islands 3382333301–04 www.ref.com.hk 1631 Windward 3Regatta Office ParkPO Box 1350Grand CaymanKY1-1108Cayman Islands REF Holdings Limited 92.33.0 3.5%2.6%27.8%89.5%2,4981192,858 92,296,00013.2%106,360,00010.3%48,008,00053,510,00018.3%35,623,00043,583,0006.5%8,665,0009,267,000 9.2%45,680,00050,292,00016.9%46,616,00056,068,00050.5%52.7% 2.0%1,352,0001,326,000 43,367,00011.1%48,792,000 1,491,00010.3%1,662,00065.1%387,0001,110,000 2,975,00047.5%5,669,0002.13.2%5.3% 68,378,00055,298,0002.73.4 22,223,00036,419,0000.270.46 243,000272,000 487,000454,000 0.12% 11811548,324,00049,815,000 25,600,00025,600,0001,402,0000.06 •••• Committee of Sponsoring Organisations of the Treadway Commission 300A+H 3910 56Jumbo Ace Enterprises Limited 20 Linkers Industries LimitedLNKS23402486 592340 20 7040 544943GEM8317GEMWT8422 6540 6655 5420 4515 4115 C1 C3 911 3.10 3.13 (i) (ii) (iii) (iv) (v) C.1.4 AB 14 Jumbo Ace Enterprises Limited •••• (i)(ii)(iii) • • (i) (ii) (iii) (iv) (v) (vi) (vii) (viii)(ix)(x)(xi) (i)(ii)(iii)(iv)(v) 1213 (i)(ii) • • • • • • • 1/11/11/1 ••••• GEM 108 3943 3.2915 99595906–5912 21 21 13.51(2) 99595906–5912investor@ref.com.hk 1.2.3. (852) 2176 0800investor@ref.com.hk 21 25% 99595906–5912 100,000,00010,000,000,0000.012,560,000256,000,000 571 • • • 35 44107 108 16 2829 46,474,00046,539,000 3,7003,000 90%10.3%2.5%10.5%3.0% 16.8%4.4%18.3%5.0% 5% 3414A 12 29 911 108(a)(b)112 3.13 13.51B(1) 571XV(a)XV78(b)352(c) 7,62576.25%23.75%47,500Jumbo Ace Enterprises LimitedJumbo Ace95%JumboAce 5%2,500Jumbo Ace192,000,000Jumbo Ace XVXV78352 XV233365% 1.47,500Jumbo Ace95%2,5005%7,62576.25%23.75%Jumbo Ace192,000,000 XV23 (i)(ii) 25,600,00025,600,0001,402,0000.06 121% 0.1(i)(ii)(iii)5 1729 (i)(ii) 25% 34 34 (i)(ii)(iii) 1131 REF HOLDINGS LIMITED 44107REF Holdings Limited 5(B)193 21,835,00021,862,0002,668,0002,920,00030 • • • • • • • • • P07849 1. Jumbo Ace Enterprises Limited62216 Windward 3, Regatta Office Park, PO Box 1350, Grand Cayman KY1-1108, CaymanIslands99595906–5912 2. — 21718183637 21— 2.— 718183637— 971971179107—11118221219210283 123 3. 216236 • •• 3. ••• 3. • • • • 3. 37213721 •1219•2 3. •5 •16(a)12(b) 9 3. 3. ••• • •• 9 3. (a)(b)(c) 16 3. 12 • • • • 9 3. ••••• •• •• 3. 19.93(a) 3. (i) (ii) 3. 12 3. 15 3. 3. (a)(b) 15 3. • • • • 3 ••• 3. 9 121212 3. 12 (i) • • • • • 30 3. 90 (iii) (a) (b) (d) (iv) 3. ••• 3. 3. (a)(i)(ii)(iii) (b) (i)(ii)(iii)(iv)(v)(vi)(a)(vii)(a)(i)(viii) 3. (a)(b)(c) 4. 3 4. (a) 1,982,0001,982,000426,000426,00018 (b) (1)(2)(3) 1,166,00020,951,0002,589,00034,224,000 4. (c) 5(B) 5. (A) 5. (B) 9 5. (B) 92,668,0002,920,000 5. (B) 1723 5%5%24,00023,000 5. (B) 5. (C) • • • 6. (I) 30 (II) 7. 10% 8. 9. 11. 2,000,0008.25%2,000,00016.5%16.5%2,000,0008.25%2,000,00016.5% 11. 25% 125%20% 12. 12. 13. 12 13. 14. 15. 2,964,00043,596,0002,964,00043,162,000 18. 516.39%17.31%52.5%2.5% 19. 9 822,0001,356,000 35(B) (a)294,000201,000(b)5,244,0005,286,000 21. 2,075,0003,986,000 23. 2.63.73.54.0 0.0010.050.10.25 381,000425,000319,000338,000 24. 2,325,0001,566,0002,841,0001,566,000 26. 27. 14,807,00013,671,00014,807,00013,671,000 28. 29. (a)(b)(c)(i)(ii)(iii)(iv)(v) (a)(b)(c) 29. 10%25,600,000 1%0.1%17.04(4) ) 25,600,00025,600,0001,402,0000.06 29. (%)(%)(%) 1,402,0000.06 29. 31. 32. 33. 5%1,5001,5005%1,5001,50065100% 1012 34. 1213 35. 36. 2,964,00043,162,0002,964,00043,596,000 91,5531743,596 91,389172,964 38.