首创环境年报2025

3 4 8 21 25 51 57 144 216 24840 11125 Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3Building D, P.O. Box 1586Gardenia Court, Cayman BayGrand Cayman, KY1-1100Cayman Islands 1617 www.cehl.com.hk Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 03989 20253.3%1(GDP)5%17.1%25.1%2 20259,9688%90%2,4222,0121,7681,40050% 2025 202537.041.02%2.7517.25%20251231212.0072.84 63197.1320251231177.901,498120 2026 20263.3%17%2 2025140.25%2%8.8%9.4%9.5467.89% 20259,9688%2,422 0.928623%11,7688%80%2,0121.06 2011++ 2025(ROE)37.041.02%2.7517.25%3.571,8003,500 63273618612197.13177.90202512311,4981205727218163 8 23354202429731086%3,54922MRO178134665 28616318613.061.064.88 2,0004,00019 22761,381KPI4540703 20252025115.59.2106.31.29 2032.00% TCFD 1,1124.7928.18 2026 2026 3,704,155,00020243,666,591,0001.02% 36.63%202435.70%202410.04%366,865,000 274,503,0002024234,123,00017.25% 2025123121,199,938,0006,942,078,000 65.64%2024123166.52%0.88%2.79202412311.3732,000,000,000 20251231500,069,00020241231702,242,000202,173,000 2025123127 202512318,961,129,0002024123110,647,211,0001,686,082,0006,755,564,0002,205,565,00022.14%77.86% 202512311,528,610,000202512311,983,692,000 2024425,156,0007.40%393,695,000 20251231 2025123134,348,000 202512315,339,0006,599,000 2025123190,569,000 2025123149,604,00020251231 202512313,3303.215.1 2025123120251231 20251231 20251231 20251231 2026312100%20251231 2026312 20251231 54202572520218202312202025917 45202262025917 552018420217600008 78200661987198019821983 19878076878848166919877202381820066202363898 622010120 602012725136820231258521 592023523PPPPPP2019320256 PPPINTERNATIONALPUBLIC PROCUREMENTCONFERENCEIPPC50SSCI/SCI70 PPP 2024122012620182 202262011 2025112011 202411 C1 20251231 C320251231 123 1.20257252.202572520259173.202591720259173.09D 3.103.132023523B.2.4(b) 1.20257252.2025917 C.2.720251231 3.09D 2025123120251231 AB AB 20143202210 528.6% 20251231450%50%3.2%1% (i)(ii)(iii)(iv) C1 20251231 2006615 (i)(ii)(iii)(iv)2025625(v)(vi) 12 1.20257252.2025725 2006615 (i)(ii) 12 1.20257252.2025725 2006615 202563020241231 20251231 20251231 D2.120251231 20192023 20191 2025 2025 20251231153.29 58 www.cehl.com.hk 20251231 20251231 20251231 1 202512315758 (i)(ii)(iii)(iv)(v)(vi) 2025123120241231 82039 2025123124.63143 616220251231 1445 13 30 20251219201002.00%20251219202620281219320281219 20241230202512162025121720251219 27 2025123118 20251231 123 1.20257252.202572520259173.2025917 8687 3.1392023523B.2.4(b) 202513.51B(1) 2124 20251231 20251231 20251231 20251231 20251231571XV(a)XV78(b)352 20251231XV23XV336 1.L2025123114,294,733,1672.3. 20251231XV23336 14A 2024311 (1)(2)i)ii) 20243112026123110,000,0001)2)3) 2025123110,000,000202512310 45.11%14A0.1%5%14A.76(2)(a) 1.2.3. 14A.56(i)(ii)(iii)(iv) 202431120243282024613 20255274,189,1201645 45.11%14A0.1%5%14A.76(2)(a) 2025527 202512313636 17.32%5.31%13.21%3.11% 5% 2025123120251231 2540 20264 20251231 20251231 202562620251231 2026318 5714320251231 20251231 12 2.435161819 202512314,583,000,000 3620251231732,000,00063,000,000 2.4316 202512319,399,000,000247,000,0002,976,000,000204,000,000391,000241,000,000 2.43181922 202512312025321 P083222026318 20251231 1. 20045272006713CricketSquare, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, the Cayman Islands24840 1. 1. 1. 20251231 1. 1. 1. 20251231 1. 20251231 2. 2.1 20251231 (a) (b) (c) 20251231 2.2 21718183637 (a)21 (b)7181836372026213718183637 2.3 18219297197110283212111791071 20251231 2.3 18111818818733341820271118 19101919 97 20251231 2.3 977 102810281028 212934202711 20251231 2.3 111779107 77B387IG1IG14IG20B77 9993.3.395.1.39A 1010B7410B73 7737 2.4 20% 20251231 2.4 1231 20251231 2.4 20251231 2.4 4.00%6.67%20.00%6.67%33.33%20.00% 1530 210 2.4 (a) 502 20251231 2.4 (b) (c) 12 20251231 2.4 15 20251231 2.4 (a)(b) 1212 30 20251231 2.4 90 12 20251231 2.4 20251231 2.4 (a)(b) •• 20251231 2.4 • • 20251231 2.4 15.63 20251231 2.4 20251231 2.4 20251231 2.4 (a)(b)(c) 20251231 2.4 3. 20251231 3. BOTTOTBOOBOTTOTBOO12BOTTOTBOO 20251231 3. 100% 100%20251231391,223,0002025630177,986,000 22 45%75% 181920 20251231 3. 20251231202433,520,00063,203,000202454,000,0001316 2025123166,201,000202465,185,000 4. 20251231 5. (i) 20251231 5. (ii) 1231 *65,794,000202457,874,000 6. 20251231 7. 8. 383(1)(a)(b)(c)(f)2 8. (a) 202512312024 20251231 9. 202482024 10. 16.5%202416.5% 25%362024344202481920242112.5%1320245 3,810,210,00020243,646,467,000 20251231 10. 20251231 11. 202520241231 12. 14,294,733,167202414,294,733,167 202520241231 20251231 13. 202410.62% 26,084,0005%2024123111,815,0005%202412316,216,0006,416,000 20251231 14. 1525012 (a) *5034,348,000202435,145,000 (b) 20251231 14. (c) (d)32(c) 15. 2