星星集团2025年年报

STAR GROUP ASIA LIMITED 1560 24515193345616668707173154156 Windward 3, Regatta Office ParkPO Box 1350, Grand Cayman KY1-1108, Cayman Islands 愨186603 www.stargroupasia.com (FCG HKFCG) 486 38 1 61653 1 Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office Park, PO Box 1350Grand Cayman KY1-1108, Cayman Islands 愨1617 192.41,133.1940.7268.241.8 11 192.41,133.1268.2605.0 (Metropolitan) 192.41,133.1940.7268.2605.0336.8(i)155.710.1(ii)143.469.873.6(i)36.3185.7(ii)136.552.8 41.8094.32 111.61,053.8(a)(b)(c)(d)(e) Big Triangle (a)2.110.521.19.6 (b)13.668.24 (c)33556595.954511,024.5168 (d)12,600988 (e)Big Triangle (Metropolitan) 43.443.10.3 3.53.5 2424.724.6 2413.411.2 484.5738.4435.2693.249.345.2 448.6697.9404.7659.243.938.7 13.913.9 1.42.81.414.6 6.26.0 15.913.42.14.62.5 36.040.530.534.05.56.5 5.24.8 536.1801.59.528.984.995.71,410.01,619.01,325.11,523.2 62.560.71,123.01,238.7 100%154.6%209.5%151.0%207.7% 48.8%56.0% 14.913.0 Metropolitan Lifestyle (BVI) Limited460,000,000Metropolitan Group (BVI) Limited(i)(ii)3%418,000,000MetropolitanLifestyle (BVI) Limited 0.40.2 2714.72814.64.6%6.4%4.6%6.0% 435.21,357.0693.21,436.010.0 11711677 (i)(ii)(iii)(iv)(v)(vi)(vii)(viii)(ix)(x) 6741 502449 57286036 44 218246GEMGBA26119611938395GEM3728 61LCM & Associates Ltd. 5731Curtin University of Technology6491 60University of SheffieldMiddlesex University26 14732307 5424University of Portsmouth 3649Metropolitan WorkspaceHofstra University 36Star Properties (Metropolitan)Metropolitan13(Burgundy)(Dijon)(Wine Master)(Chateaux Owner) 48Star Properties (Metropolitan)Metropolitan2180 4118M&AIPOMonash UniversityCPA C.2.1 C.2.1 (1)(2)(3)(4)(5) 7223 1518 73 3.10(1)(2)3.10A3.133.08 C.1.4 B: 3.291515 5 E.1.2 (a)(b)(c)(d)(e)(f) (g) (h) (i)17 E.1.511 B.3.1 (a)(b)(c)(d)(e)(f) (g) (h) (i) (j)(i)(ii)(iii)(iv) (k)(a)(b)(c) (2)(5)35–45(1)46–55(1)56–65(4)66–75(1)1–3(1)4–5(1)6(5)0 (4); 1 (1); 2 (1); 3 (1)(3) (1)(4) B.2.2 D.3.3 1,080,0001,390,000150,000190,000 39 14A14A • •1414A • • • D.2.1 •••••••••••• 愨186603 21 21 ••• 64653 27 愨186603 ••• (Metropolitan) A. 25 1. 4,7444,340 2. 20,79820,39412,47913,4604.735.10 Metropolitan 0.60.34 3. 4. B. 1. 485 1171167755.4%44.6%9.1%6.6%3035.5%305054.5%5096.7%33% 28.1%10.76%17.4%100% 2. Aairpurion 90 3. 115 59.8%60.3%39.7% 17.24%10.34%72.41% 4. 5. 306058 6. (WSMS) ISO 9001ISO 14001OHSAS 18001 BEAM Plus(a)(b)(c)(d)(e) 7. 8. (1)(2)(3)(4) (Metropolitan)7 5A.1.24514 6669156 愨1617 29 15 1723 31 7040 63.6 18.8%25.6%39% 5% 111108 108 1518 3.13 571XVXV78352 1.Star Properties Holdings (BVI) Limited432,140,800Star Properties Holdings (BVI) LimitedStar Properties Holdings (BVI) Limited2.3.MetropolitanLifestyle(BVI)Limited836,000,000Metropolitan Lifestyle (BVI) Limited100%Metropolitan Lifestyle (BVI)Limited4.641,498,000 XVXV78352 XV23336 1.Star Properties Holdings (BVI) Limited432,140,800Star Properties Holdings (BVI) LimitedStar Properties Holdings (BVI) Limited2.Metropolitan Lifestyle (BVI) Limited836,000,000MetropolitanLifestyle (BVI) Limited100%Metropolitan Lifestyle (BVI) Limited3.641,498,0004. XV23 (1)(2) 2830 38 18XV 8.10 13.1813.21 1313.2113.1813.1713.19 •30,000,00051%68.69% •40,000,00060%68.69% •125,000,00060%68.69% 440,710,80068.70% (1)(2) (a)(i)(ii)(iii) (b) (c) (d) 17.03(3)230% 22,400,00010%10,000,00064,149,80010% 6,414,980641,498,00024,357,60030,257,60038,799,80032,899,80063,157,4009.85%38,799,8006.05% 1% (a)0.1% (b)5,000,000 1.00 17 (a)(b)(c) 2 432 8.10 14C.2.11932 11 3914A 66153 3269,085,00084,886,0001,357,014,0001,117,566,0009,545,00033 231,357,014,000562,068,000794,946,00036,345,000 –– P07395 1. Star Properties Holdings (BVI) LimitedWindward 3,Regatta Office Park, PO Box 1350, Grand Cayman KY1-1108, Cayman Islands愨186603 2. (A) 21718183637 2. (B) 18219221297197110283179107111 123 18 18111818818733341818 3. 4 12 3 1 2134 269,085,00084,886,0001,357,014,000291,177,566,0009,545,000411,708,000 12 (i)562,068,00023 3. (ii)9,321,000 (iii)71,251,0001738,574,0002912 (iv) (v) i)ii)iii)iv) 4. (i)(ii) ––– 4. 6(II) 99 (i)(ii)12 4. –––– ––––– 4. 485 4. 4. 4. 4. (i) (ii) 9 121212 12 4. (i) 30 (i)(ii)(iii) 4. (ii) 90 (iii) (iv) 4. (v) 16 • • 4. 5. 4 3 5. 1,357,014,0001,503,784,000 484,506,000738,379,000 6. 6. (II) (a) 0.5%1% 6. (II) (b) (c) 30 (d) (III) 15 7. 8 1.2.3.4.5.6. 7. 7. 7. 10% 8. 9. 10. 11. 11. 11. 12. 13. 28.25%216.5%16.5% 9%24% 14. (a) (b) 16. (I) 16. (II) 16. (III) 17 17. (I) 435,168,000693,175,00029 (II) 33 3(I) 17. (II) 17. (II) 18. 18. 19. 19. 1,068,043,000896,756,000258,807,000232,145,000 20. P2.25%P 48%85% 33(a) 20. 21. (a)7 (a)5,000,00010%377,000383,0003 (b)1,519,0001,519,0003 (c)31941,000630,000 (d)1859,456,000,0009,926,585,00056,110,0004.6%4,865,0002,064,0003 (e)2,940,00022,933,0002,8