领悦服务集团2025年报

2025 24810232845626769717375136 20252142025214 20252142025214 20252142025214 20256162025616 20256162025616 20252142025214 183171712–1716 24840 151A44 02165 www.lingyue-service.com Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 20208282165 20251231% + + 2025 3.0664.520241.8%203.510.9%77.920249.6% + (i)(ii)(iii) (i)(ii)(iii)(iv)(v)(vi) (i)(ii)(iii)(iv) 20022025123134.17.5%2025123123531.60.2% (1)(2)(3) (1)(2)(3)202512312026120318 2025123129811 (1)(2)(3)(4)(5)(6)(7)(8)(9) (1) (2)(3)(4)(5)(6)(7)(8)(9) (i)(ii) (1) (2)(3) (1)(2) (i)(ii)(iii)(iv)(v)(vi) 202422.433.6%14.92.2% (i)(ii)(iii)(iv) 202450.940.1%30.54.6% (i)(ii)(iii)664.52024652.91.8% 619.193.2% (i)(ii)(iii)(iv)(v)(vi) 460.92024469.41.8% 2024183.510.9%203.5 202428.1%2.530.6% 202460.67.2%56.3 202418.111.3%20.1 80.6202480.80.3% 20251231114.420241231135.621.215.7% 2025123143.12024123152.818.4% 2025123141.82024123141.11.8% 20251231823.820241231712.9 202512313202412312.8100%2025123120241231 20251231 0.1202412310.1 20251231 2021629 202512314,763202412315,786281.32024313.1 20251231 20251231 20241231 2026615 20266102026615202669183171712–1716 582024112200212004330%6999200042004319999200041999419999 20216EMBA2018520191220142 49202112620171 2005120101220121202012 201161998420045 53202112620031201312 19944200332003320161 20038 2021129 562021126200212201312 20111120038 2021129 432021622 2014102015122016120168201692017106833201711202082020920231117699930%20245 200662008820101120117201711 362025214201972024600265120245300987 201320152019 522021622 15199782002120022201312600588201412018515882018102019620197 1995719975 13.51B(1) 4920203200831201911 20027201462011520217MBA20245 202561610 20251231 A2025214A2025214AA 20252142025214 20252123.09D 49— 2327 3.103.10A(i)(ii)(iii) 3.13 71 3.213.23D.320216223.21 (i)(ii)(iii) (i)2024202420252025(ii)(iii)(iv)(v) 20216223.25E.1 (i)(ii)(iii)(iv)(v)17 (i)2025(ii)2025(iii) 2021622C1B.3 (i)(ii)(iii)(iv)(v)(vi) (i)(ii)(iii)(iv)(v)(vi) •••• •18 (i)(ii)(iii)(iv) (i) (ii) 3658 (i)(ii)(iii) 202512314,7630.9:1202412310.9:12:5202412311:6 –1,000,0001,000,001–2,000,000 (i)(ii)(iii)(iv) 21— 800,00032,500 6266 • •••• 20251231(i)(ii)(iii)(iv) 1 58(2)(21) 151A44lingyue@ lingyue-service.com (a) (a)(b)(c)(d)(e)(f)( www.hkex.com.hk ) (b) (c) ( www.lingyue-service.com ) (d) (e) www.computershare.com/hk/contact(852) 2862 855518317M lingyue@ lingyue-service.com151A44 (f) 20256163.291527 6768 136 12 25 202512317172136 20217124.1970,000,0000.01293.32021894.195,685,000278.0 202185(i)70.0%194.6(ii)20.0%55.6(iii)10.0%27.838.0 2025123120241231 20241231 20251231 2026615 20266102026615202669183171712–1716 30% 30% 5% 20251231 20252142025214 3.13 78 2820251231 28 14A 1. 20201116202372820232023112025123114A 2023182.073.4 30% 2. 2021622202372820232023112025123114A 202335.553.7 202320232023 2023202372820239292023103120231252025111720231115 14A.55(i)(ii)(iii) 14A.56(a)(b)(c)(d) 2814A 2021622 (1) 17(2) (i) (ii) (2) (6) (i) (ii) (iii) (3) 10%10%28,000,0009.80% (4) 1%1% (5) 1.00 (6) (i) (ii)(iii) (7) 10101010 —— D.—1. 202528,000,000 20251231352XV (1)L (2)20251231285,685,000 (3) (4)(a)(b)(c)XVTianyueHoldingLinghui HoldingTianyue CapitalFusheng CapitalLinghui CapitalJin Sha Jiang (5)TianyueCapitalTianyueCapital (6)Linghui CapitalLinghui Capital (1) 20251231352XV 20251231336 (1)L (2)20251231285,685,000 (3)(a)(b)(c) (4)Tianyue HoldingTianyue Holding Linghui Holding (6)Fusheng CapitalFusheng Capital (7)Jin Sha JiangJin Sha Jiang(8)(9)(10) 20251231XV233365% 891022 1022 (i)(ii)(iii) (i)(ii)(iii)(iv)(v) 32 20251231 8.08(1)25% 2024126 6713520251231 20251231 2.418 20251231114,351,00078,604,000 (i)(ii)(iii)(iv)(v)(vi) 18 P06623 2026330 20251231 20251231 1. 2021712CricketSquare,Hutchins Drive, PO Box 2681, Grand Cayman, KY1-1111, Cayman Islands Jin Sha Jiang Holding LimitedLinghui Holding LimitedTianyue Holding LimitedTianyue Capital LimitedFusheng Capital Holding LimitedLinghuiCapital Limited 20251231 1. ** 2. 2.1 2. 2.2 202511 21 2.3 971971—11118221210283 120261122027113 20251231 2. 2.3 18 18118202711 18 18 2.4 (a) (b) (c) 2. 2.4 20251231 2. 2.4 1231 2. 2.4 20251231 2. 2.4 ——— 2. 2.4 (a) (i) (ii) (iii) (b) (i)(ii)(iii)(iv)(v)(vi)(a)(vii) (a)(i)(viii) 20251231 2. 2.4 20%33.3%20%33.3% 2. 2.4 3 10 12 20251231 2. 2.4 15 • • 2. 2.4 (i) 20251231 2. 2.4 (i)5 2. 2.4 9 12 •••• 20251231 2. 2.4 9 30 i)ii)iii) • • 90 2. 2.4 ••••• 12 20251231 2. 2.4 2. 2.4 1)2)3) 20251231 2. 2.4 2. 2.4 ••••• 20251231 2. 2.4 ••• (a) 2. 2.4 (a) (b) (c) 20251231 2. 2.4 2. 2.4 20251231 3. 202512313,917,00020246,482,00013 1819 28 3. 2