中国金融发展二零二五年年度报告

2451034597883888990919293 Fourth Floor, One Capital PlaceP.O. Box 847, Grand CaymanKY1-1103Cayman Islands 16 286604 3623 Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkP.O. Box 1350Grand Cayman KY1-1108Cayman Islands 1831717121716 1842 http://www.chinasuccessfinance.com 5.0% 4200029000 Web3.0RWA 140.195.0% 10.1% 17.117.625.019.3%3.20.37.6%0.7%1220417,380 (a)(b)0.3%2%(c)0.05% (a)(b)(c)(d) (a)(b)(c)(d)(e)(f) (a)(b)(c)(d)(e)(f)(g) (a)(b)(c) IT IT 0.8 42,00029,000 (CBDC)RWA Web3.0 RWA(VASP)RWARWA 42.064.635.0% 3.215.178.8% 0.30.2 5.10.2 IT 0.90.9 4.4 9.72.4 22.841.4 (i)(ii)(iii) ()2.75.4100.0% i1.80.4ii0.8 3.33.3 0.918.2 30.140.9 0.59.694.8% 0.20.39.6 52.627.125.548.6% (i)(ii) 4.74.114.6% 5.333.027.7215.1185.629.5 62%42% 7115.4 29,000 77,000,0000.753,900,000539,00053,361,000 29 (i)(ii)(iii) 88192 92 (i)(ii)(iii)(iv) 24 15 1831717121716 241.928 91 19 28 (a) (b) 10% 10%10%41,404,40054,301,362630,663,3368.61% (c) 121%1% (d) 1.25%2.35%3.40% (e) 1.00 (f) 0.840.74 (i)(ii)5(iii) (g) 32,155,400400,00031,755,40031,755,4003,600,0003,155,40025,000,0005,703,0005,703,0001,900,0003,803,00010,123,000 10 1,226,0000.84266,0000.74960,00010,123,000 1.35 0.840.67 (a) (b) 10%1% (c) 121%1% (d) 1210 (e) 1.00 (f) 0.85 (i)(ii)5(iii) (g) 10 9,000,0004,000,0005,000,0009,000,000 0.82 43,722,3935,523,07934,722,3935,523,079 19,123,000599,101,0003.19% 108C1B.2.2 7882 78 XV23336 1.ExpertDepot Limited2.Bliss Success Investments Limited3.Novel Heritage Limited4.NewMaestro Investments Limited5.265,362,00042.08%6.630,663,336 XV XVXV78352C3 1.1,638,000ExpertDepotLimited123,620,000139,204,0002.400,000500,0003.BlissSuccess Investments Limited74,110,000Bliss SuccessInvestmentsLimited190,352,0004.400,000500,000 5.NovelHeritage Limited63,294,000NovelHeritage Limited201,168,0006.400,000500,0007.400,0001,000,000900,000500,0008.630,663,3369.265,362,00042.08% XVXV78352 31,755,400266,0005,380,000 5,703,000960,0004,743,000 9,000,0009,000,000 13.2013.22 77.93%74.52%29.66%63.16% 98.20%34.10% 5% Expert Depot LimitedBliss Success Investments LimitedNovelHeritage Limited 311414A 5977 C1 5 3.10(1)3.10A3.10(2) 3.133.13 7882 (i)(ii) 108(a) 50% 1. 2. 3. 4. 5. 6. 11 (i)(ii)(iii) 580%20%61.43%38.57% (a)(b)(c)(d)(e)(f) 2 1. 2. 1.2.3.4.5. (a)(b)(c)(d) 2 1.2. 9,000,0000.85 (a)(b) (a)(b)(c)(d)(e) 2 1.2.3.4.5.6.7.8. 13.49(1)(6) 8387 C1 823.2915 (http://www.chinasuccessfinance.com/) 1. 6421 2. 18317Mhttps://www.computershare.com/hk/en/online_feedback(852) 2862 8555(852) 2865 0990/2529 6087 286604hkinfo@chinasuccessfinance.com(852) 2180 7189 3. a 113(i)(ii)(a)286604(b)18317M b 286604 i.21ii.21iii.14 14 64 27(i)(ii)(iii)(iv)(v)(vi)DoubleChance Developments Limited China SuccessCapitalLimited 15101112111 53 55 62 14101112EMBA 61 5530 5320ThoratecGuidant(Case Western Reserve University)(SantaClara University) 63 4315L&L Energy, Inc.United Group Rail (NZ)LimitedMassey University 52 5320 88192 P05163 FourthFloor,One CapitalPlace, P.O. Box 847, Grand Cayman, KY1-1103, Cayman Islands16286604 iiiiii 1. (a) (b) Expert Depot Limited (c) 1. (c) 1(g)1(h)1(l) (d) 21 21 (e) 1. (e) (f) 1. (f) (g) 1. (g) (I) (II) 1. (h) (i) ––––– 1. (j) (i) 12 1. (j) (i) 12 (ii) (k) (i) 1. (k) (i) (i)(ii) 1212 1. (k) (i) 12 12 (i)(ii)30 1. (k) (i) 1. (k) (i) 90 1. (k) (i) (i)(ii)(iii) 1. (k) (ii) 12 1. (k) (iii) 1. (k) (iii) (iv) 341(k)(i)(ii)(iii) (l) (m) 1. (n) (i)(ii)(a)(b) 1(k)(i) (o) (p) (q) 1. (r) (i) (ii) 5% (iii) 1. (r) (iv) (s) 1. (s) (t) 1. (t) (i)(ii) (u) 1. (v) (i)15 (a)(b) (a) (b) 1. (v) (i)15 (c) 1. (v) (i)15 (ii) (iii) (iv) 1. (w) (x) 1. (y) (a) (i)(ii)(iii) (b) (i)(ii)(iii)(iv)(v)(vi)(a)(vii)(a)(i)(viii) (a)(b)(c) 1. (z) 2. (a) (i) 2. (a) (ii) (b) (i) 29(a) (ii) 13,575,00021,153,000 2. (b) (iii) 19,032,00018,161,000 (iv) 8,125,0001,563,000 3. (a) 3. (a) 15 3. (b) ––– (i) 3. (b) 3. (b) (i) 1,103,000995,00010,814,00011,340,000 (ii) 10% 3. (b) (iii) 3. (b) (iii) 4. 5. (b) 5. (c) (i) (ii)9,040,0002,242,000 (d) 6. (a) (b) (i) (ii) 6. (b) (iii)25%25% 6327 (iv)10% 7. 383(1) 7. (i)(ii) 8. 7 9. (a) (b) 10. 10. (a) (i) (i)(ii)(iii) 56,00056,000 (i)(ii)(iii)98,246,000103,173,00023 10. (a) (i) 10. 10. (c) 10. (d) 12,512,00010,763,0003526 11. 12. (a) (i) (ii)60 (iii) 129,522,000130,051,0003 12. (a) (iii) 111,920,000112,428,000 12. (i)12 84,049,00081,483,000 12. 4,633,0004,633,000 12. (d) (e) 13. 13. (a) 51,590,00044,215,000 13. (b) 14. (a) 144,556,000146,067,000 15. 15. (a) 16. 16. 16. (i)50,000,00020,000,00020,000,00010,000,00010,000,00066.67%66.67% (ii)20,000,00018,000,0006,000,0004,000,00030.00%22.22% (iii) (a) (i) 16. (a) (ii) (iii) 16. (b) (i) (ii) (iii)