赤子城科技二零二五年年报

赤子城科技有限公司 股份代號 : 9911 2025年報 24561124288299104106109111113205 Maples Corporate Services LimitedPO Box 309Ugland HouseGrand Cayman, KY1-1104Cayman Islands 20E7701 33B6 1 2 8 2赤子城科技有限公司二零二五年年報 183171712-1716 116601-602610-616 09911 1826 www.newborntown.com Maples Fund Services (Cayman) LimitedP.O. Box 1093Boundary Hall, Cricket SquareGrand Cayman KY1-1102Cayman Islands 䅏㒦⢗ⶵ⠎擧煇↙㻔柟叇㍀⊷ 㒦⃕忄Ḫ㮁ⷓ68.9⁴₳⍼㭄⠎擧35.3牜 ⍨㩺䘺們㛡ㄹỄ↙㻔Ḫ㮁ⷓ9.3⁴₳⍼㭄⠎擧94.6牜ⷤ 㕇凖䒒␱⺧∱䗬⯅煇⃘䍳䆸⚆∐徏㉃⭜ 㒦⃕⍼㭄⠎擧灤灝牜爾↙㻔⍼㭄⠎擧灞灝灝牜爾 㒦⃕⍼㭄⠎擧灥灝牜爾↙㻔⍼㭄⠎擧灞灝灝牜爾 㕕㚜˜Šź˜Šź巻帛źźƉŠŽĕ徺ㆢ₽尫㤌iŠ焾灣 L偭∋㉱䷼徢⊆煇榵≅㣝≉⃘挸嵟㍀㒸 灟灝灟灢ⷤ˜ŠŋĕŘ㳸侇⍼㭄⠎擧峵灠灝ώ (1) EBITDA 3 2025AIAI 2025123168.935.3%9.622.3%EBITDA12.126.1%9.394.6%61.432.9%7.559.3% 202520256 AIAIAIAI+ 2025 2025Three D Partners Limited2.6 20252026 AI 2025AI 2025SUGOTopTopMICOYoHo 2025SUGO80%100%TopTop70%100%SUGOARPUTopTopUGC AI2025SUGOSensorTowerTopTopGCC 2025SUGO300%TopTopApp StoreSensor Tower APACAwards 2025+HeeSayHeeSayGALAHeeCares 2024AI 2025HIV2025HIVHIV 2025AIAIToken202430AI AIBoomiixAIAIKIVIAIAippyAIAI 2026 AI 2026SUGOTopTopGCC AI 2026AppMagic HIV+ AIAI+ AIAIAIAI BoomiixAIKIVIAIAIAIAI AIAI AIAIAIAI AIAI 20252025124(1) TopTopSUGOSensor TowerTopTop2025App518SUGO2025App61619(2) GlobalGrowth Insights203571112.2%(3)SUGOSUGO SkyQuest1324.520336939.223%(4)MICOdata.ai202422(5) YoHo2025YoHoGooglePlay10(1) (1)https://www.diandian.com(2)https://sensortower.com(3)https://www.researchandmarkets.com(4)https://www.skyquestt.com/report/live-streaming-market(5)https://cn.technode.com/post/2024-03-12/data-ai-feb-2024-china-non-game-maker-app-go-out-top-30/ LGBTCapital2025LGBTQ+4.7(6)HeeSay70LGBTQ+(7) 2025SensorTower20232024110%202595%24(2)AppMagicAlice’s Dream202512(8) (6)https://awm.alphafmc.com/blog/2025/06/04/why-lgbtq-finance-is-the-next-frontier-in-wealth-management/(7)https://www.swsresearch.com/institute_sw/home(8)https://www.36kr.com/p/3697346329882247 202512316,889.0202412315,091.535.3% 202512316,142.3202412314,622.832.9%(i)(ii)AIAI 20251231746.720241231468.859.3%AI 202512313,041.7202412312,483.922.5% 202512312,801.3202412312,318.420.8% 20251231240.420241231165.545.3% 202512313,847.3202412312,607.747.5%AI202412312,304.3202512313,341.0AI20241231303.320251231506.3 2024123151.2%2025123155.8%2024123149.8%2025123154.4%AI2024123164.7%2025123167.8%AI 202512312,266.4202412311,295.175.0%SUGOTopTop 20251231366.720241231335.49.3% 20251231263.920241231239.010.4% 20251231884.820241231728.921.4%(i)1,239.6(ii)971.3(iii)31.3(iv)24.9 2025123168.72024123157.7 202512318.5202412312.9 20241231787.822.3%20251231963.7 EBITDA EBITDAEBITDAEBITDA (1)20213202332024320245957,3332,441,1704,778,877659,668202412202412318,306,000202132420233242024322202452120241231102,486,000 20218303280,000,00010202412312024123127,631,000 (2)20233202432024520253202552,441,1704,778,877659,66830,316,184897,41520241220251231215,371,00020233242024322202452120253202025521 20218303280,000,00010202512312025123110,225,000 202412313,583.0202512314,394.2202412311,928.1202512311,819.82024123153.8%2025123141.4% 202512312,558.0202412312,048.6 202412311,015.520251,375.6 20251231166.520241231239.3 20251231202412319.42025123137.8 20251231 20251231 20251231 20251231 20251231 • ••••• 202512311,7851,05158.88%1,382,336,000 20258292025829 40Solo X Technology Limited 2007720103 3620117202012202112021120218 20116 3420146201722018620191 20147 5120145201662018420186 19977 4120191220179 20077 432024122005112007920071120081220081220107201072013620136(SparkLand Capital) 200420052013 5520258 199491997122002720087200882013720138201762024120191120211300094201782023920162202462672602 199419992002 422017720244 2005620076 3820183202142023320234 2009720126 442018220234 201312 2003620076 4520236 2002620086 3820195272024731 20251231 AIMICOYoHoSUGOTopTopBluedHeesaySUGOTopTopMICOYoHoMergeland-Alice’sAdventure 191123 202512311123 5 20251231 202512312025123161011238298 20251231 20251231 202512316.39%4.87% 2025123151.26%29.11% 202512315% 2025123116 2025123128 2025123133b 202512314,979.3 20251231 20251231 20251231 Mico 2025829 2427 3.13 2024912 2023622 202441 2024122720241227 20258292025829 20248262025829 12a8a 2025123120251231 20251231 20251231 647920251231 20251231XV571XV78352 (1)(2)202512311,412,958,391(3)SpriverTech LimitedXVSpriver Tech Limited (4)Parallel World LimitedXVParallel World Limited (5)Spriver Tech LimitedParallel World Limited (6)2021830202153124,000,0006,000,00024,000,0006,000,0002022331 (7)20218309,000,000150,460,810JZZTJZZTTravelspace Limited47.69%52.31%Travelspace LimitedTravelspace LimitedJZZT150,460,810 (8)20218306,000,000 18 20251231XV23336 (1) (2)202512311,412,958,391 (3)BGFGBGFG (4)JZZTTravelspaceLimited47.69%52.31%TravelspaceLimitedTravelspace LimitedJZZT150,460,810 (5)NBTBridgePartners Limited ThreeDPartners LimitedJJQJPartners LimitedBridgePartners Limited Three DPartnersLimitedJJQJPartners LimitedBridgePartners Limited10,493,430T