登辉控股年报2025

23-45-1314-2223-4445-5960-64656667-686970-7172-129130 ʮ̡༟ࣘ Windward 3Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands Ocorian Trust (Cayman) LimitedWindward 3Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands 1617 819 97927 40325A www.townray.com 1692 జѓࢩ˴ (i)(ii) AI 672.6179.226.6%62.69.3%17.4329.97 ESG 7.516.1 AI3DRPAMOM ၍ଣᄴীሞʿʱؓ 30(i)(ii) — ၍ଣᄴীሞʿʱؓ AI MOMRPA3DAI 703.631.04.4%672.6 231.752.522.7%179.232.9%6.326.6%(i)(ii) ၍ଣᄴীሞʿʱؓ 18.710.87.9(i)5.1(ii)4.1(iii)2.50.8 15.60.315.9(i)0.7(ii)0.1(i)0.3(ii)0.2 98.84.294.61.10.7(i)1.4(ii)1.3(iii)0.7(iv)0.6(v)0.6(vi)0.6(vii)0.3(viii)0.2(ix)0.2 3.31.54.8 2.30.73.00.80.1 ၍ଣᄴীሞʿʱؓ 130.455.375.122.810.212.617.5%16.7%0.8 107.645.041.8%62.615.3%9.3%6.0 4.46.50.7 ၍ଣᄴীሞʿʱؓ 27 7.7%11.3% 103.675.92.02.0 26.340.00.10.816.018.044.146.1 (HIBOR) (i) (ii) (iii) (v) (vi) (vii) ၍ଣᄴীሞʿʱؓ 1,0111,075125.9116.6 ၍ଣᄴীሞʿʱؓ C1 7.516.1 ၍ଣᄴীሞʿʱؓ 1.30100,000,00090.786.64.1 89.90.8 ໨ԫʿ৷ॴ၍ଣᄴٙᄵዝ༉ઋ 57 28985 ESG ໨ԫʿ৷ॴ၍ଣᄴٙᄵዝ༉ઋ 61 38 iMoneyiMoney2021 51 27 FMBA® 16 ໨ԫʿ৷ॴ၍ଣᄴٙᄵዝ༉ઋ 49 23SwedaLimited Falmouth UniversityFMBA® ໨ԫʿ৷ॴ၍ଣᄴٙᄵዝ༉ઋ 672338234810081238 49Dixons Stores Group (FarEast) Limited (Fellow) MH682338234810081238 48 ໨ԫʿ৷ॴ၍ଣᄴٙᄵዝ༉ઋ 71 45 39 168512 — ໨ԫʿ৷ॴ၍ଣᄴٙᄵዝ༉ઋ 43 173302 64 39Legal & General Group PlcVantage Properties & Management LimitedVantage Financial Services CoVantage Financial Services CoVantage Properties & Management LimitedVantage Financial Services Co Tottenham College of Technology ໨ԫʿ৷ॴ၍ଣᄴٙᄵዝ༉ઋ 55 34Dixons Stores Group (Far East) Limited 62 37Yip TatIndustrial Limited 57 33 ໨ԫʿ৷ॴ၍ଣᄴٙᄵዝ༉ઋ 44 16 FMBA® — 42 20 —APEA® ໨ԫʿ৷ॴ၍ଣᄴٙᄵዝ༉ઋ 44 21 MORS Group 8.17 Άุ၍طజѓ C1 C3 Άุ၍طజѓ 3.103.10A 3.13 Άุ၍طజѓ D.1.2 A.2.1 ••••• Άุ၍طజѓ C.1.4 14 Άุ၍طజѓ (i)(ii)(iii) 1,005999 83%17% 41%59% 50% 3.21 Άุ၍طజѓ • • • • E.1.2(c)(ii) 2/22/22/22/2 •••• 89 E.1.5 1,000,0001,000,0011,500,0001,500,0012,000,000 Άุ၍طజѓ • • • • • • • •••••• (i) (ii) Άุ၍طజѓ (i) (ii)(a)(b)(c) (i)(ii)(iii)(iv)(v)(vi) 11 153.29 Άุ၍طజѓ •ESG • • • • (i) (ii) (iii) (iv) Άุ၍طజѓ 571 6421 40325A (i) (ii) 113 40325A(852) 2750 0775 Άุ၍طజѓ • ••• • • •(www.townray.com)•• 40325A (852) 2750 0775 enquiry@townray.com ໨ԫึజѓ 66.9%25.2% 30% 5% 7.526.9 130 13 1617 0.9 ໨ԫึజѓ 13 24 (a) (b) (i) (ii) (iii) (i)(ii)(iii)(iv) (c) 10.0%35,900,000 (i) (ii) 1.0%3,590,000 35,900,00010.0%1.0%3,590,0001.0% (d) 121%1%121% ໨ԫึజѓ (e) (i)(ii) (ii)(i)0.1% (c)(d)(e) (f) 21 12 211.00 (g) (i)(ii)(iii) (h) ໨ԫึజѓ (i) XV(a)XV78(b)352(iii) 1.LXV2.213,640,000Modern Expression LimitedModern ExpressionModern ExpressionModern Expression3. (ii) XV(a)XV78(b)352(c) 2.Modern Expression XV(a)XV78(b)352(c) ໨ԫึజѓ (iii) 336XV23 1.LXV2.Capital FortressCapital Fortress3.4.Bestresult AssetsBestresult Assets5. XV23336 146.9 Modern Expression ໨ԫึజѓ 108 3.13 89 17.6 ໨ԫึజѓ 14A 14A (i) 8485,036.10855,171.011,172,692.43 (ii) 67,223.13 (iii) 8515,581.76202,562.88 Tunbow Electrical (BVI) LimitedTunbowInvestments (BVI)LimitedTunbow Investments (BVI) LimitedModern Expression78.23%14A.07(4) Tunbow Electronics (BVI) LimitedTunbowInvestments (BVI) LimitedTunbow Investments (BVI) LimitedModern Expression78.23%14A.07(4) 1614.221414A56.4 28(i)(ii)14A(iii)14A.9514A14A 13.32B25% ໨ԫึజѓ (i)(ii)(iii)(iv) 3.21 ዹͭࣨᅰࢪజѓ 65129 ዹͭࣨᅰࢪజѓ 105.820% (i)(ii)(iii) (i)(ii) 2.4317 ዹͭࣨᅰࢪజѓ • • • • • P04302 97927 ၝΥฦूڌ ၝΥΌࠦϗूڌ ၝΥৌਕًڌر ၝΥৌਕًڌر ၝΥᛆूᜊਗڌ ڌඎݴږၝΥତ ڌඎݴږၝΥତ ൗڝڌৌਕజ 1. 40325A Modern Expression LimitedModern Expression ൗڝڌৌਕజ 2. 2.1 (a) (b) (c) ൗڝڌৌਕజ 2.2 21 21 2.3 1819979710282111 221 1 3 21791071 123 ൗڝڌৌਕజ 2.3 18111818818733341818 191019(i)19(ii)(iii)181919 ൗڝڌৌਕజ 2.3 97 9797 102810281028 ൗڝڌৌਕజ 2.3 212934 111779107 •77B387IG1IG14 IG20B77 •9993.3.316995.1.39A •1010B7410B73 •7737 2.4 1 2 3 ൗڝڌৌਕజ 2.4 2.4 (a)(i)(ii)(iii)(b)(i)(ii)(iii)(iv)(v)(vi)(a)(vii)(a)(i)(viii) ൗڝڌৌਕజ 2.4 4%20%9%18%20%18%20% ൗڝڌৌਕజ 2.4 (a) (b) (c) 12 ൗڝڌৌਕజ 2.4 15 2.4 • •(a)(b) ൗڝڌৌਕజ 2.4 1212 30 90 2.4 12 ൗڝڌৌਕజ 2.4 2.4 •• • • ൗڝڌৌਕజ 2.4 2.4 15 (a) (a) (b) (c) ൗڝڌৌਕజ 2.4 ൗڝڌৌਕజ 2.4 ൗڝڌৌਕజ 3. ൗڝڌৌਕజ 3. 17 78,218,000100,128,000 ൗڝڌৌਕజ 4. 10% ABC ൗڝڌৌਕజ 5. ൗڝڌৌਕజ 5. (b) 30120 6. 7. ൗڝڌৌਕజ 8. 383(1)(a)(b)(c)(f)2 ൗڝڌৌਕజ 8. ൗڝڌৌਕజ 9. 8 ൗڝڌৌਕజ 10. 16.5%16.5%2,000,0002,000,0008.25%8.25%16.5%16.5% ൗڝڌৌਕజ 11. —16.115.157,79954,209—7.011.025,13039,490 —7.516.126,92557,799 12. 62,583,000107,610,000359,000,000359,000,000 ൗڝڌৌਕజ 14. 2,100,000 15 14. 2,200(100) 2,100 ൗڝڌৌਕజ 15. 6422125 (a) ൗڝڌৌਕజ 15. (b) 31 (c) ൗڝڌৌਕజ 15. 245,00092,000 40415 16. ൗڝڌৌਕజ ൗڝڌৌਕజ 17. 120 12 ൗڝڌৌਕజ 29,003,00024,897,000 ൗڝڌৌਕజ 20. ൗڝڌৌਕజ 16,032,00018,033,00014,568,00015,546,000 (a)44,063,00046,115,0001315(a) (b)14,942,000 (c)16