布鲁可2025年度报告

2025年度報告ANNUAL REPORT Content CORPORATE INFORMATION公司資料2FINANCIAL SUMMARY AND OPERATION HIGHLIGHTS財務概要及營運摘要5CHAIRMAN’S STATEMENT主席報告7MANAGEMENT DISCUSSION AND ANALYSIS管理層討論與分析10BIOGRAPHIES OF THE DIRECTORS AND SENIOR MANAGEMENT董事及高級管理層履歷27DIRECTORS’ REPORT董事會報告35CORPORATE GOVERNANCE REPORT企業管治報告59ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT環境、社會及管治報告80INDEPENDENT AUDITOR’S REPORT獨立核數師報告205CONSOLIDATED STATEMENT OF PROFIT OR LOSS綜合損益表211CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME綜合全面收益表212CONSOLIDATED STATEMENT OF FINANCIAL POSITION綜合財務狀況表213CONSOLIDATED STATEMENT OF CHANGES IN EQUITY綜合權益變動表215CONSOLIDATED STATEMENT OF CASH FLOWS綜合現金流量表216NOTES TO FINANCIAL STATEMENTS財務報表附註218DEFINITIONS釋義310 Corporate Information公司資料 BOARD OF DIRECTORS 朱偉松先生（董事長兼首席執行官）盛曉峰先生 Executive Directors Mr. Zhu Weisong(Chairman of the Board and Chief Executive Officer)Mr. Sheng Xiaofeng Non-executive DirectorsMr. Chang KaisiMr. Chen Rui 常凱斯先生陳瑞先生 高平陽先生黃蓉女士尚健先生 Independent Non-executive Directors Mr. Gao PingyangMs. Huang RongMr. Shang Jian AUDIT COMMITTEE 高平陽先生（主席）黃蓉女士尚健先生 Mr. Gao Pingyang(Chairman)Ms. Huang RongMr. Shang Jian NOMINATION COMMITTEE Mr. Zhu Weisong(Chairman)Mr. Gao Pingyang(2)Mr. Shang JianMs. Huang Rong(1) 朱偉松先生（主席）高平陽先生(2)尚健先生黃蓉女士(1) REMUNERATION COMMITTEE 尚健先生（主席）朱偉松先生黃蓉女士(1)高平陽先生(2) Mr. Shang Jian(Chairman)Mr. Zhu WeisongMs. Huang Rong(1)Mr. Gao Pingyang(2) AUTHORISED REPRESENTATIVES 盛曉峰先生朱元成先生 Mr. Sheng XiaofengMr. Zhu Yuancheng 附註： Notes: (1)黃蓉女士已被調任為提名委員會成員，且不再擔任薪酬委員會成員，自2025年3月21日起生效。(2)高平陽先生已被調任為薪酬委員會成員，且不再擔任提名委員會成員，自2025年3月21日起生效。 (1)Ms. Huang Rong has been re-designated as a member of theNomination Committee and has ceased to be a member of theRemuneration Committee with effect from March 21, 2025.(2)Mr. Gao Pingyang has been re-designated as a member of theRemuneration Committee and has ceased to be a member of theNomination Committee with effect from March 21, 2025. Corporate Information公司資料 JOINT COMPANY SECRETARIES 朱元成先生余詠詩女士（ACG, HKACG） Mr. Zhu YuanchengMs. Yu Wing Sze(ACG, HKACG) AUDITOR 執業會計師註冊公眾利益實體核數師香港鰂魚涌英皇道979號太古坊一座27樓 Ernst & Young Certified Public AccountantsRegistered Public Interest Entity Auditor27/F, One Taikoo Place979 King’s Road, Quarry BayHong Kong LEGAL ADVISOR AS TO HONG KONG LAW 香港中環康樂廣場1號怡和大廈27樓 Clifford Chance27/F, Jardine HouseOne Connaught PlaceCentralHong Kong COMPLIANCE ADVISOR Gram Capital Limited 香港中環干諾道中88號╱德輔道中173號南豐大廈12樓1209室 Room 120912/F, Nan Fung Tower173 Des Voeux Road Central/88 Connaught Road CentralCentralHong Kong REGISTERED OFFICE Floor 4, Willow HouseCricket SquareGrand Cayman KY1-9010Cayman Islands Floor 4, Willow HouseCricket SquareGrand Cayman KY1-9010Cayman Islands HEAD OFFICE IN THE PRC 中國上海市閔行區田林路1016號10幢 Building 10, 1016 Tianlin RoadMinhang District, Shanghai, PRC PRINCIPAL PLACE OF BUSINESS IN HONG KONG 31/F, Tower Two, Times Square1 Matheson Street, Causeway BayHong Kong 香港銅鑼灣勿地臣街1號時代廣場二座31樓 Corporate Information公司資料 CAYMAN ISLANDS PRINCIPAL SHARE REGISTRARAND TRANSFER OFFICE Campbells Corporate Services Limited Campbells Corporate Services Limited Floor 4, Willow HouseCricket SquareGrand Cayman KY1-9010Cayman Islands Floor 4, Willow HouseCricket SquareGrand Cayman KY1-9010Cayman Islands HONG KONG SHARE REGISTRAR 香港灣仔皇后大道東183號合和中心17樓1712-1716號舖 Computershare Hong Kong Investor Services LimitedShops 1712-1716, 17th FloorHopewell Centre183 Queen’s Road East, WanchaiHong Kong PRINCIPAL BANKS 金山支行中國上海市金山區衛清西路153-159號 Shanghai Pudong Development Bank Co., Ltd.Jinshan Sub-branch153-159, Weiqing West RoadJinshan DistrictShanghai, PRC 田林支行中國上海市徐匯區田林路105號 China Merchants Bank Co., Ltd. Tianlin Branch105 Tianlin RoadXuhui DistrictShanghai, PRC COMPANY WEBSITE *https://www.bloks.com**http://www.blokees.com.cn *https://www.bloks.com**http://www.blokees.com.cn STOCK CODE 0325 0325 *ceased to be our official website from March 25, 2025.**has been our official website since March 25, 2025. *自2025年3月25日起不再為我們的官方網站。 Financial Summary and Operation Highlights財務概要及營運摘要 Financial Summary and Operation Highlights財務概要及營運摘要 FIVE-YEAR FINANCIAL SUMMARY A summary of the published results and of the assets and liabilities of theGroup for the last five financial years is set out as follows: 本集團過往五個財政年度的已刊發業績以及資產及負債概要載列如下： 截至2024年12月31日之流動負債包含可轉換可贖回優先股人民幣2,207,012,000元，該等優先股已於2025年1月10日上市時透過自動轉換機制悉數轉換為普通股。 The current liabilities as of 31 December 2024 comprised of convertibleredeemable preferred shares of RMB2,207,012,000, which has beensettled by automatic conversion, converted to ordinary shares, uponlisting on 10 January 2025. Chairman’s Statement主席報告 Dear Shareholders, 2025 is the first fiscal year of Bloks following its listing, a year of boldexploration and, more importantly, a year of laying a solid foundationfor the Company’s future development. During the year, we steadfastlyadvanced along the strategic direction of “all demographics, all pricesegments and all global consumers”, and ach