洪桥集团年报 2025

香港聯合交易所有限公司（「聯交所」）GEM 之特色 GEM GEMGEMGEM GEMGEM 綜合權益變動表98 財務報表附註99 Banco Santander (Brasil) S.A. P.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay RoadGrand CaymanKY1–1205 Cayman Islands 18545402 3382333301–04 8137 www.8137.hk 財務摘要 231,000,00077,500,000198% 89%205,300,000 77,500,00067%25,700,000 60,900,000407,600,000 (1)30,000,000(2)19,000,000(3)3,000,00011,000,000 376,000,000 主席報告 20254.84.754.86%9,300 2025–20273%5%1,500 (i)(ii)(iii)(iv)(v) 管理層討論及分析 25,700,00077,500,00067% 29,700,00014,000,000 52%130,0002,000,000500,000 — — — 90%PHEV 150,000225,000 24.5%17.0%9,290,0005,510,000 20,526,8004,000,000 管理層討論及分析 — 6,100,00048,600,000 CaocaoCaocaoB2BCaocaoUberCaocaoCaocao Tribunal de commerce de NanterreESQ VTC(Liquidation judiciaire)ESQ VTCESQ VTCESQ VTC 35.56%1 — 205,000,000400,000 SAM 1. Sul Americana de MetaisS.A.SAM85,890,000SAM78,420,000164,310,000 3,583,000,000(16.63%)1,556,000,000(16.05%) SAM27,500,00066.2%Vacaria (MME)(CTAPME) 管理層討論及分析 — SAM— 1.— SAMSAMSAM SAM SAM SAM Porto Sul13,750,00027,500,000 SAMDataMineSAMRuraltech(LiDAR)PAE/PAEBM SAM — SAM— 2.EIA-RIMA EIA-RIMASAMFEAM(Autorizacao de Manejo de Fauna) SAM SAM SAMEIA-RIMA 3.(CLPI) 169(CLPI)SAMCLPISAMCLPI(SEDESE)SAMCLPI SAM 4. Lotus Fortune Holdings LimitedLotus Brasil Comercio ELogistica LtdaLotus Brasil100% 管理層討論及分析 — SAM— 4.— Lotus BrasilLotus 1Lotus Brasil IBAMAIBAMASEMADFEAMSEMADINEMAEIA-RIMA(TR)Lotus BrasilTREIA-RIMA LPLI 83,590,000,00020.024.6Lotus Brasil33.437.9 SAM — SAM— SAM SAM GEM8005351,867,200351,867,20014.14% — 24.5%17.0%9,290,0005,510,000 20,526,8004,000,000 91.08%GEM20 管理層討論及分析 4,700,000,000 (i)(ii)0.080.320075.00%4,500,000,000200,000,000 376,000,000375,000,000(i)(ii)(iii)(iv) GEM204,700,000,000 4,700,000,000— — 35.56%1 GEM 管理層討論及分析 31,000,00030,500,0009,900,00010,000,00013,500,00016,400,000 GEM20 — — — 管理層討論及分析 — 85%GEM20 — — GEM20 53.93%GEM20 2,000,000 管理層討論及分析 — — — — — GEM20 12,200,00013,200,000 23,100,00024,900,000 176,200,000190,300,000 GEM 231,000,00077,500,000198% 205,000,000400,00077,500,00066.8%25,700,000 管理層討論及分析 — 9,500,0004.1%17,000,00021.9%7% 5,800,00019,900,000GEM19,300,0005,200,000 300,0006.5% 2,100,0004.4% 3,300,00023,900,000 6,600,0007,500,00019,700,00018,200,00032,400,00030,000,000 60,900,000407,600,000534,200,000181,600,000 386,700,00065,800,0000.084,700,000,000375,000,000 — 89,700,000105,400,00019,700,00018,200,0003.85%4.45% 314,700,00067,500,000 2.1%3.0%4,700,000,000 15,000,000 11416431,000,00058,100,000 SAMSAMSAM390,000,000 75,000,000115,000,000100,000,000100,000,000 SAM315,000,000 管理層討論及分析 — (i)SAM (ii)SAM(a)SAM100,000(b)SAM120% (1)Votorantim75,000,000420,000 (2)3,000,000 (3)SAM1,500,000 (4)SAMSAM64,175,000 (5)SAM(1)(5)250,000,000120%VotorantimVotorantim60,000,00016,870,000 Votorantim 10Votorantim30,000,00010Votorantim30,000,000 119,000,00015,300,000117,500,00015,100,000 GEM20 GEM20 董事及高級管理層之履歷 49(601777.SH)(000913.SZ)(000596.SZ) XV— 4420(000913.SZ) 42 39EJF Capital LCC 董事及高級管理層之履歷 57(AIG Global Investment Group)AIGAIGAIG(Pantheon Ventures) 54600748.SHXchange Logistics Corporation 董事及高級管理層之履歷 — 49SMUSMUSMU000913.SZ688567.SS 5220 SAM 36 4520 董事及高級管理層之履歷 — 4515SAM 董事會報告 37 16 171 15 33 116 GEM 董事會報告 XVXV78352GEM5.465.67 XVXV78352GEM5.465.67 XV336 1.91.08%2.100%3.91%78.17%4.45%55%5.100%6.14,554,533,606 XV23336 GEM5.09 董事會報告 GEM (i) 1. 2. 3. 985,453,36010% 985,453,36010%6.8% 4. GEM121%12 5. 21 1.00 6. (a)(b)(5)(c) 7. (ii) 董事會報告 GEM20.543000740GEM20.54GEM20.53 (1)(2)(3)(4) GEM GEM20 39 1,399,961,0001,061,524,000 GEM 3.17 52.7%92.9%77.3%93.9% 5% 董事會報告 29.4%GEM GEMC1C.2.1D.2.2C.2.1D.2.2 企業管治報告 GEM GEM5.09GEM5.09 C.2.1 • oo • o • oo • oo 企業管治報告 14 ••••  企業管治報告  GEM5.02F GEM (i)(ii)(iii) ESG(iv)(v) GEM(vi) 企業管治報告 GEM5.485.67 GEM •ESG •• COSOCOSO COSO ••••• D.2.2 企業管治報告 •••GEM 15 8891 (i)(ii)(iii)(iv)(v)(vi) 1,280,000 http://www.8137.hkhttp://www.hkexnews.hk 企業管治報告 14 http://www.8137.hkhttp://www.hkexnews.hk (i)(ii)(iii)(iv)(v)(vi)(vii)(viii) (ix)(x)(xi) http://www.8137.hkhttp://www.hkexnews.hk 1,000,0011,500,0001,000,001 企業管治報告 7221 (i)(ii)(iii) ESGESG ESG ESGGEMGEMC2ESG ESGESG 環境、社會及管治報告 ESGESG ESG ESGinfo@8137.hk ESG ESGESGESGESG ESGESGESGESGESGESG ESGESGESGESGESGESGESGESGESGRiskory Consultancy LimitedESG ESGESG 環境、社會及管治報告 ESG ESG 1. ESG •ESG•••MSCI(SASB)•ESG 2. ESG 3. 環境、社會及管治報告 57 114164 環境、社會及管治報告 環境、社會及管治報告 169.30%40.55% 1.=2.=3. 環境、社會及管治報告 環境、社會及管治報告 SAM ISO 45001: 2018 000730 環境、社會及管治報告 SAMRisk Management ProgramPGR(Environmental Risk Prevention Program)Occupational HealthExamination ProgramPCMSOPGRSAM 88.30%59.76%412.4320.4956 4.=5.=6.=7.= 環境、社會及管治報告 環境、社會及管治報告 90%120133 SAM ESG 環境、社會及管治報告 GB/T31467.3-2015311610GB/T31484-2015GB/T31485-2015GB/T31486-2015AQ 7017-2025GB38037-2025 7144324 24