联亚集团2025 年报

Tristate Holdings Limited 2346 13 256668 75797980818283 Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda Peter TAN 6672 5(852) 2279-3888(852) 2480-4676http://www.tristateww.com Tristate Holdings Limited6672 5(852) 2279-3888(852) 2423-5576cosec@tristateww.com Peter TAN 19884581,000 Appleby Global Corporate Services (Bermuda) LimitedCanon’s Court22 Victoria StreetPO Box HM 1179Hamilton HM EXBermuda 183171712 1716(852) 2862-8555(852) 2865-0990/2529-6087 Tristate Holdings Limited202512 3136.261.2541.841.562025Reebok1.232025 20252026 C.P. Company2.8%1%2025 Reebok202532%2024Reebok202512ReebokReebok202512 31Reebok1.23Reebok Nautica12%Spyder24%NauticaSpyderNauticaSpyder 2025 2026 202518.5620248%2025Reebok1.23NauticaSpyder C.P. Company2.8% 2025NauticaSpyder12%24%2024ReebokReebok202532%Reebok1.23 0.180.18 17.70202418%2025 C.P. CompanyC.P. Company 20263 17 NauticaSpyder Tristate Holdings Limited20251231 Nautica2025202412%Spyder24%NauticaSpyderNauticaSpyder 2025202512 31Nautica7044Spyder42 202512 311.2520241.562025Reebok1.23 Reebok202532%Reebok2024Reebok202512 25於2025 12 31ReebokReebok1.23Reebok 2025C.P. Company2.8%1%202512 31C.P. Company2025 202512 31Cissonne 20252026 1.16 2025202512 31Reebok1.23 36.26202441.84 20254,40020242,5003,300Nautica20241,300Reebok 202518.56202420.258%C.P. Company2.8%2025NauticaSpyder12%24%Reebok32% 17.70202421.5818% 2024NauticaReebok 26%202429%24%202425%14%202413%11%20249% 2024 C.P. Company2024 14.27202417.1539.4%202441.0%2.9%2.0%20251.6% 202520242025Reebok1.23NauticaSpyder 202512 31ReebokNautica20252024Reebok C.P. Company穩 202512 314.72202412314.67 NauticaSpyderNauticaSpyder 202512 31202412 31202512311,300202412 311,100202512 31202412 31 2025 20252024 202512 312024 3320251231 202512 315,98020246,530 2015 Tristate Holdings Limited 202512 31C1C.2.1 Peter TAN C.2.1202512 31C.2.11999 C.2.1 3.133.13 (a)(b)(c)(d)(e)(f )(g) 50% Peter TANPeter TANPeter TANPeter TAN 38% 202512 31 20256 24202512 315,98021%79%1:4 A : B : (i)(ii);(iii);(iv)(v)(vi) C : B.1.420257 1202612 31 202512 3120256 242025 202512 31 3.10(2) 202512 31 (i)2025 (ii)2025 (iii)202412 31 (iv)202512 31 202512 31 (v) (vi) Peter TAN (vii)2025 (viii)20256 30 202512 31 (ix) (i) (x) (xi) (ii) (xii) (iii) (iv) (xiii) (iii)832,000(a)25%12(b)(c)25%12 2025624B.3.5202512 31 20256 24 202512 31 (i) (ii) (iii)2025 202512 31 202512 31202512 3112 A.2.1 202512 31 (i)(ii) 60,000 202512 31 202512 31 (i) (ii) (iii) 7578 202512 31 202512 31 C3202512 31 202512 31 (i) (ii) (iii) 3.29 21 2025 2025 2025(i)(ii)(iii)(iv)(v)(vi)(vii) (i)(ii) 2026 20266 23106672 5 5A 202512 31 (i)6672 5 (ii)(852) 2279-3888 (iii)(852) 2423-5576 (iv)cosec@tristateww.com 202512 31 20263 17 1. Tristate Holdings LimitedTristate 2. 2.1 202512 31 2.2 Tristate1937C.P. Company 2.3 20251 1202512 31202512 31 2.4 (i)(ii)C.P. Company(iii) 2.5 C21324 2.6 20263 17 3. 3.1 Tristate 3.1.1 3.2 4. 4.1 4.2 Tristate 4.3 4.4 Tristate201 (www.tristateww.com) 5. 5.1 57 5.1.1 5.1.2 5.4 C.P. CompanyC.P. Company 5.2 5.3 C.P. Company 5.4 Tristate 5.5 2025 C.P. CompanyC.P. CompanyAssociazione Eleonora Cocchia Vivere a Colori ONLUSC.P. CompanyThere is No Us Without YouC.P. CompanyCity in The Community C.P. Company2015 6. 6.1 6.1.1 C.P. Company 6.1.2 Tristate(Responsible Down Standard)RDS(ResponsibleWool Standard)RWS(Sustainable Regenerated Cellulosics Content Standard)SRCCSSVCoC(Global Recycled Standard)GRS(Organic Content Standard)OCS(Better Cotton Initiative)BCI RDSRDSRDSRWSRWSRWSSRCCSSRCCSGRSGRSOCSOCSBCIBCI 6.2 6.2.1 C.P. Company (AQL) C.P. Company 6.2.2 6.2.3 6.2.4 7. 7.1 20212025 20252021 2030206020252030129% 20247.2.2 C.P. CompanyC.P. CompanyLongevity HubC.P. CompanyB CorpC.P. Company60.961.251.3C.P. Company(www.cpcompany.com) 7.2 7.2.1 • ••• Best Practice Available 7.2.2 (a)(b)(c) (a) •782,50829%326 •2025292,55416%193•1.4•1,6001,000•ISO 14001•Higg(Higg FEM) • ••••• •••LEDLED••••• (b) (c) 3 2018 ^ 7.3 Higg(Higg Facility Environmental Module)Cascale(the Sustainable Apparel Coalition)Worldly • • • 7.3.1 • • • • • • • C.P. CompanyC.P. Company 7.3.2 7.3.3 3R LED 7.4 7.4.1 7.4.2 (ZDHC) 7.5 BSc791999420221 BScMBA721999200140Hua Thai Manufacturing Public Company Limited SBSJP BSc MSc751999VTech Holdings Limited 19982005New Perfect GlobalLimitedSilver Tree Holdings Inc. 771998640TheTaiwan Fund, Inc.TopGlove Corporation Bhd.Shanghai Century Capital Limited 108199920012002Hua Thai Manufacturing Public Company Limited 6020024LindenStreet Capital LimitedMilestone Capital StrategicHoldings Limited 502006CissonneNautica Spyder Lorenzo OSTILorenzo OSTI522015201911Tristate International SAC.P. CompanyMassimoOsti StudioLorenzoOSTIMassimo OSTI30Lorenzo OSTI Peter TANTAN7020111TANTLC Capital Management Pte.Ltd.Titan Dining Holdings Pte.Ltd.Stone Canyon Pte. Lt