恒都集团2025年年报

年報2025 233489172327282930323376 * 1202004-06 00725 CLKW Lawyers LLP16-18191901A 1902 1902A 20259127792025912 Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church Street, Hamilton HM 11Bermuda 3382333301-04 https://perennial.todayir.com Clarendon House2 Church Street, Hamilton HM11Bermuda *20263 24 1989 202512 31840 202512 31 395,740,0002024328,578,0002025123131,186,000202412 3125,804,0000.15720240.130 0.040.0220250.0620240.05 20265 14202620266 220265 28 202620265 14 (i)20265 1120265 142026202620265 83382333301–04 (ii)20265 2520265 2820265 22338233 3301–04 202520.4%395.755%202445%44%202453%1%20242%1232% (HVAC)78%202472%2025 2025 2025AI 202512 318402024880470,0002024370,000 202428.7%202529.7%20257.9%2024 7%138.41762024187 202480.95%84.9202576202483 3.716.9% 2025 202512 3131.2202425.85.420.9%0.15720240.130 202552.82025202512 31 6恒 都 集 團 有 限 公 司主席報告（續） 2026 AI2026-2030AI6G (5)202585%202482% 主席報告（續） (https://perennial.todayir.com) 2026 2026324 202412 31129,365,0007.0%2025 12 31138,358,000202412 3180,903,000202512 3184,910,000 2025202421,656,000202553,447,000 202512 31105,484,000202452,765,00020251231202412 31 202512 31456,508,000431,650,0005.8%18.7% 2,357,00020245,303,000 202512 3164,300,000 202478%8%5%202472%12%8%9%20248%2024 202512 31840202488012.2 202412.113 202512 31 2025202412 31 C1 (9)1920202512 31(4)16 C.1.4 10恒 都 集 團 有 限 公 司企業管治報告（續） (4) 20034 1(3)(1) (https://perennial.todayir.com) 202512 31(2)16 20256 306202512 31 200511 21(3)(1) (https://perennial.todayir.com) 2025(1)16 200511 21(3)(1) (https://perennial.todayir.com) 2025(1)16 200511 25(5)(1)(3) (i)(ii)(i)(ii)(iii)(iv) 202512 31(1)16 202512 31 (b) (c) 14恒 都 集 團 有 限 公 司企業管治報告（續） 202512 31 20259 122026 202512 31655,00055,000 2326 C3 21(3) 100(a)(6)(1)(b)(6) (https://perennial.todayir.com) 2.07A (https://perennial.todayir.com)(www.hkexnews.hk) 3.29202512 3115 202512 31 28 5 8 47 5% (a)(b)(c)(d)(e)(f)(g)(h)(i) 18恒 都 集 團 有 限 公 司董事報告（續） 2720259 120.02 0.04 15 16 202512 3121 202512 3125,208,000202512 3162,548,000(i)(ii)202512 3115,885,000 2,504,000 20263 2425%8.08 202512 31 111 7547Spector HoldingsLimited 54199729 512004 462002HKIOD 382013 74Spector Holdings Limited 77199654 77201042112,000 512017121997200727 4720251020 58202120251028 3820251015 66198937 48201924GEM 202512 31571XV(i)XV78(ii)352(iii) 0.10 1147,810,000Spector Holdings LimitedSpector Holdings99.9%0.1%Spector HoldingsSpector Holdings 2 202512 31XVXV78352 202512 31 202512 31XV23336 202512 31336 47 20231020259 30 2026324 2775202512 31 202512 31 2025 198190 • ••••• 2026324 P04963 1. 28 Clarendon House, 2 Church Street, Hamilton HM11, Bermuda 2. 2.1 202512 31 2024 2.2 2.2.1 202511 21 21 21 2. 2.2 2.2.2202512 31202512 31 979711 1 1 17910712 18191028 23 120261 1220271 13 97 (a)(b)(c)(d) 20261 1 2. 2.2 2.2.2202512 31 181811118 (a)18 (i) (ii) (b)18 (c) 18 187733 1820271 1 2.3 2. 2.4 2.5 2.6 (i) (ii) (iii) i)ii)iii) 綜合財務報表附註（續） 2. 2.7 2.8 (i) 2.9 (ii) (iii) 1.5%4% 15%–20%15%–20%15%–20%15%–20%15%–20%10% 2. 2.8 (iv) 2.10 (v) 2.9 (i) 12 2. 2.9 (i) 16 (ii) 2.10 2. 2.11 (i) • • (ii) (iii) •• 綜合財務報表附註（續） 2. 2.11 (iv) 12 93.1(iii) (i) (ii) 90 • • • • 30 2. 2.11 (iv) (a)(b)(c)(d)(e)(f) 2.12 2.13 12 綜合財務報表附註（續） 2. 2.14 (i) (ii) (iii) 2.15 182.11(iv) 2. 2.16 2.17 2.18 2.19 (i) (ii) 12 2. 2.19 (iii) 6522,500390,000 2022620255 1 (iv) (v) 2. 2.20 (a) (b) 2.21 2. 2.22 (i) (ii) (iii) (iv) 2.23 3. 3.1 (i) 3. 3.1 (i) (a) (b) 3. 3.1 (ii) (a) (b) 2024 202512 3110%111,0002024824,000 (iii) 202512 3146%202441%89%202487% 3. 3.1 (iii) •••• 202512 312025202412 31 202512 3112 2025202412 31 3. 3.1 (iii) 202512 312,056,0002024345,000 2025202412 31 (iv) 202512 3164,300,000202472,300,0002024 12 3. 3.2 2025202412 31 2025202412 31 2025202412 31 3.3 2025202412 311619 1)2)3) 綜合財務報表附註（續） 4. 4.1 4.2 16(f) 4.3 3.1(iii) 4.4 4.5 4.6 5. 20252024 5. 268,909,0002024207,343,000202410%2024 6. 7. 8. 9. 20252024–8–8 10. (a)2025202412 312,000,0008.25%20248.25%2,000,00016.5%202416.5% 21%202421% 25%202425%2024202512 315%20245% 20%202420%10%(i)(ii)50%Perennial Cable (Vietnam) Co., Ltd.20192023202412 3110%50% 10. (a) 10. (b) 3,029,00020242,801,00012,117,000202412,032,0002025123112,117,00020249,594,0002,954,000 202512 3113,786,000202410,035,000 11. 31,186,000202425,804,000198,958,0002024198,958,000 1231 12. 20240.03202320250.0220240.029,948,00020243,926,000 20250.047,958,0002026 13. 2025202412 31 14. (a) 202420242024 (b) 2024 2024 14. (d)202512 312024 (e)202512 312024 (f) 2024 (g) 202520242024 (h) 2024 (a) 15.(b) 202512 31428,0002024490,000 (c)2025202412 31 (d)6,468,00020246,723,0001,916,00020242,259,000 (e)202412 3119,090,0009,991,0001,709,0007,17115,000 16. (a)(i)(ii)(iii)68