中烟香港2025年度报告

China Tobacco International (HK) Company Limited （於香港註冊成立的有限公司）股份代號：6055 年度報告 CONCENTRATIONCOHESIONCOMMITMENT 2681011131622515769879293959697152 6055C1198411 6China Tobacco International Argentina S.A.200911 11China Tobacco International (North America), Inc.20026 6 ESG 20264 1520196 12C3(i)(ii)25020179 15[2017]250(i)(ii)201811 28CBT20195 28PyxusPyxus International, Inc.Alliance One International Inc.20208PYYX202512 31 201812 21 % China Tobacco International (HK) Company Limited 202512310.330.190.5213.0% 1.20196 12100 2. iFinD 4. 5.02800.HKhttps://www.trahk.com.hk/zh-hk/trahk-fund/ 6.=+2019 6 1210002800.HK2019 6 1220196 12 7. 2004220196MSCI ESG50203050 2025ESG 2025 11 145.8 11.5%9.814.8% 2025145.811.5%9.814.8% CBT GROWESGESG 2026 2026 + 202635 202512 31110,8271,1531.0%9,538.21,283.915.6%772.153.56.5%CBT 202512 3186,0542,5863.1%2,481.4419.920.4%156.672.886.8%(1)(2) 202512 313,228,031111,6693.3%1,666.392.65.9%380.5103.137.2% 202512 31372,150389,76051.2%64.370.952.5%3.43.651.5%(1)(2) 202512 31CBT30,2951,3324.2%828.9220.721.0%160.523.312.7% 202512 31202411.5%14,579.1202413,074.2202412.0%13,105.9202411,696.620246.9%1,473.120241,377.6 14,579.1 202512 31202430.7%157.32024120.4 202512 3120248.8%172.32024158.473.644.87.6 202512 31202421.3%176.32024224.1CBT 176.3 202512 31202414.8%980.32024853.7202416.0%1,047.12024902.8 980.3 202512 31980.32024853.7691,680,0002024691,680,000202512 311.42202412 311.23 1.42 202512 313,438.4202412 312,837.8 202512 31 202512 31 202512 316.60%202412317.76% 202512 31202412 31 202512 31202412 31 202512 318,973.4202412 319,816.73,312.7202412 312,857.6202512 315,126.9202412316,629.4 202512 310.73202412310.94202512 311.68202412311.43 202512 3173202420202412 3153384202442202412 31342202512 31125.32024107.3 (a) (b) 202111 2620219 23CBTAlliance One Brazil51%49%20219 2320211022202111 2920219 29 202111 26CBTAlliance One InternationalAlliance One BrazilCBT49%Alliance One CBT 9,588.4822.265.8%5.6%4,263.01,946.536.3%16.6% (A) 202512 31 20187 17[2018]135135 (i)(ii)6%3% 9,538.2100.0% (B) 202512 31 (i)(ii)(iii)(iv) 20241 11%2%4% 2,192.796.7% (C) 202512 31 20254 3(i)(ii)20254 3 20181 1250 (i) 20179250 25035%45%(i)(ii)(iii)(iv)(v)1%2%2%5%5% (ii) 1%2%2%5%5% 1,326.698.5% (D) 202512 31 202210 31(i)20221031(ii)202210 31 (i)(ii) (i)(ii)(iii)(iv) 1% 60.9100% (E) 202111 28202111 1720212024 20212024202411 162024101020242026202120242024202620242026202411 17202612 312024202620241118 • (i)(ii)1356%2021202420242026135(i)(ii)(iii)20212024202420261356% 2021202420242026202112 14202411 1 20242026202411 17202412 312025202612 31301.21,210.91,332.0 626.48.2% (F) 202112 21202111 1720212024 20212024202411 16202410 102024202620212024202420262024202620241117202612 3120242026202411 18 20212024202420261%1%0.25%(i)20,0000.25%(ii)20,0000.5% 20211214202411 1 20242026202411 17202412 312025202612312.15.46.0 4.20.2% (G)Alliance One CBT(i)(ii)Alliance OneAlliance One International20211126CBTAlliance One(i)(ii)(iii)CBT(iv)CBTAllianceOne20219 29 Alliance OneAlliance One202111 2620221231Alliance One202212 2920231220202410 10Alliance OneAlliance One202512 3120251231Alliance OneAlliance One20261 1202812 31(i)Alliance One(ii)CBTAlliance One20219 29(i)14AAlliance One InternationalAlliance One BrazilAlliance One14A(ii)Alliance One(a)(b)5%(iii)14A.101202212 29202312202024101020251231 20261 27Leaf Trading Company Limited LLCLeaf TradingLeaf TradingLeaf Trading20261 27202812 31Leaf TradingPyxusAlliance One BrazilLeaf TradingAlliance One Brazil(i)14ALeaf TradingLeafTrading14A(ii)CBTLeaf Trading5%(iii)Leaf TradingLeaf TradingLeaf Trading14A.10120261 27 (i) Alliance OneInternational20219 23Alliance One International20211126Alliance OneAlliance One202111 26202212 3120225 30(i)(ii)CBT(iii)20221231202212 29202312 20202410 10202512312025123120261 1202812 31 20219 2920225 30202212292023122020241010202512 31 Alliance One International Alliance One(i)(ii)(iii) 202520262027202812 3189.9701.0101.1788.7111.5869.5122.9958.6 524.4 (ii)CBT CBTAlliance OneAlliance OneCBTAlliance One2021923CBTAlliance One InternationalCBT20211126CBTCBTAlliance OneCBTCBTAlliance One(i)(ii)Alliance OneCBT202111 26202212 3120225 30202212 31(i)(ii)CBT(iii)CBT202212 2920231220202410 10CBT202512 3120251231CBT20261 1202812 31 CBTCBT20219 2920225 302022122920231220202410 10202512 31 CBTAlliance One International CBTAlliance OneCBT(i)(ii)CBT(iii)CBT CBT202520262027202812 31154.21,203.1130.91,021.2129.41,008.9134.01,045.4 CBT297.8 (iii) Alliance One InternationalAlliance One International20219 23AllianceOne International202111 26Alliance OneAlliance One202111 26202212 31202212 2920231220202410 10202512 312025123120261 1202812 31 20219 29202212 292023122020241010202512 31 Alliance One International Alliance One(i)(ii)(iii) 202520262027202812 31331.42,585.1329.72,571.5356.12,777.2384.52,999.4 1,770.3 (iv)CBT CBTAlliance One BrazilAlliance One BrazilAlliance One Braz