
152 153 155 Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands www.pangaea.com.hk 1819902–6 Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 1617 01473 152 11.9852.1%3,140 COVID-19(WSTS)20301.1— (AI)6GWiFi 71.6Tb/s(GPU) 5G6G400Gb/s1.6Tb/sWiFi 7 2025 — GPUAI 5G (AI)AI 99.9% 1,222.91,197.35G0.91.2 (i)(ii) 12.7%10.8% 87.2%80.8%6.4% 1.37.15.8(i)4.3(ii)2.0(iii)1.11.4 42.639.13.58.9%COVID-19 94.398.13.83.8%(i)9.2(ii)4.9 27.615.027.314.6 2.96.63.40.2 31.43.7(a)(b)(c)(d)(e)(f) 64.8161.2173.4265.7 361.9399.8 100%48.9%75.7%(i)(ii) 8.64.5 117119 88.1 53.75G 61(Concord College)25 62(Macquarie University)20HongKong Cable Communications Limited 57(University of Sheffield)(Middlesex University)(Bulacan StateUniversity)20 230715603709GEM8093 4810()() 64(i)1549(ii)GEM8257(iii)256(iv)260 (i)2223(ii)3663(iii)1469 49(MH)13141781412289226660014420Squire Patton Boggs 67Derby Lonsdale College of Higher Education201428 46201652 725G40Fujitsu Quantum Devices Inc.Fujitsu Quantum Devices Singapore Pte. Ltd.Eudyna Devices Asia Pte. Ltd.Fujitsu Quantum Device Pte. LimitedSumitomo Electric Asia LimitedEudyna Devices Europe Ltd.Sumitomo Electric Europe Ltd.Sumitomo Electric Device Innovations Inc. 6740Avnet TechnologyHK Ltd.AvnetIncAvnet IncAVTHusky Injection Molding Systems (Asia Pacific) LimitedHuskyAlliedSignal Inc.Honeywell Inc.HONRaychem Canada Ltd.RaychemIncRaychem IncTycoTE Connectivity 5120Eudyna Devices Asia Pte. LimitedFujitsu Quantum Device Pte. LimitedSumitomo Electric AsiaLimited 37ASB 44HubeiZhongyou Technology Co. Ltd.AlltekAlltek 37Guangdong Shengda Electronic Co., Ltd.CombaTelecom Technology (Guangzhou) Co., Ltd.Rosenberger (Shanghai) Technology Co., Ltd. C.2.1 C.2.1 A.2.1 ••••• 163167 3.10(1)3.10A3.10(2) 3.133.13 83(3)B.2.2 14.3%85.7% (a)(b)(c)(d)(e)(f)3.10(2)3.13 (i) (ii) (iii) (iv) (v) (vi) C.5.1 143 3.08 C.1.4 1. • ••••• • • • • • • • 2. •••••••• ••• –1,000,0001,000,001–1,500,0001,500,001–2,000,0002,000,001–2,500,0002,500,001–3,000,000 26426778 ———— 3. (a)(b)(c) •••••• 4. (a) (b)(c)(d)(e)(f) ••• 1. 3.13 2. 42.86% 3. 14 4. 5. 6. 224227 (i)(ii)(iii)(iv) • • • • (i)(ii)(iii)209223 3.2915 14(i)(ii)(iii) 25% •••••• 21 1819902–6(852) 2836 3301(852) 2834 7340 1617(852) 2980 1333(852) 2861 0285 85(i)(ii)(a)1819902–6(b)1617 1819902–6 2120 (2)1410 223250,000,0000.010.567,499,000Generous Horizon LimitedGenerous Team Limited749,900,000 1 5 155 156162 209223 571622 209223 209223 155 78 300 1617 24 23234 340.9 12 163167 84(1) 5% Generous Horizon LimitedGenerous Team Limited(i)(ii) (1)(2)(3)(4) (a) XV352 XV352 (b) XV23336 1.Generous Horizon LimitedGenerous Team Limited 2.Lam Esther W.XV XV23336 2576 78,464,0003,856,0001,672,00025,392,00027,064,00027,064,0002.71% 0.6078,464,0000.0178,464,00017,700,00038,464,00030%30%40%40,000,000612182425%25%25%25% 1.2.343.I38,464,00030%30%40%4.II40,000,000612182425%25%25%25%5.6.7. 23,875,00014,877,0005,715,000 (%)(%)(%)(%) 72,936,00072,936,000729,36043,032,240 72,936,0007.29% 78 18.8%42.1% 40.9%95.1% 5% 2814A 25% 9 A. A.1 • • • • • A.2 A.2 A.1 • • •WhatsApp • • • A.3 114.610.05097.006.51% A.4 B. B.1 57 117 108.62% 1.2.3.4.5. B.2 B.3 100% 1002,12818 B.4 B.5 • • • • RoHS 422466 B.6 (i)(ii)(iii)(iv) •••• • • • (i)(ii) B.7 B.8 228299 287,571,00046%40% 2.6615 • • • • • 97927 1. Conyers Trust Company(Cayman) LimitedCricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, CaymanIslands1819902–906 Generous Horizon LimitedGenerous Team Limited 2.1 2.2 (a) (b) (c) (i)(ii)(iii)(i)(ii)(iii) 2.3 31637 —191641 (a)33372133721 (b)162 2.3 (c)3737 (d)191641 •9 •16161316 2.4 102816171717 1112812 12345—5174399617 102810281028 2.4 16——16 11212 1212 8 2.4 1212 2.5 2.5 — — — 2.5 20%20%20%20% 2.5 (a) 414423 (b) 2.5 (c) 12 15 2.5 32 2.5 • •(a)(b) 1212 30 2.5 30 90 — — 2.5 2.5 15 2.5 2.5 (a)(i)(ii)(iii) (b) (i)(ii)(iii)(iv)(v)(vi)(a)(vii)(a)(i)(viii) 2.5 • • 2.5 • • 2.5 25 2.5 2.5 2.6 16 6 18,804,00018,076,00013 3. (a) (b) 3. 10% A 4. (i) 4. 4. *15,00027,00094,000 5. 6. 7. 383(1)(a)(b)(c)(f)2 25 7. (a) 7. (b) 8. 7 1,000,0001,000,0011,500,0001,500,0012,000,0002,000,0012,500,000 9. 16.5%16.5%2,000,0002,000,0008.25%8.25%16.5%16.5%25% 10. 11. 31,398,0003,735,0001,000,000,0001,000,000,000 543,000850,00010,868,000 3 21 (b) 14. PI Semiconductor (Shenzhen) Company Limited 15. 41.2%38.5%11.6%11.0% 16. 9 15,045,0005,633,00030,337,00053,083,00021 (i) 18. 18. 19. 21. (i)108,615,000104,511,000(ii)18,804,00018,076,000(iii)1,563,690,0001,016,130,000 21. (d)15,045,0005,633,00030,337,00053,083,00016 (e)335—77,785,00042,900,000 22. 4144() (a) 12 (b) 22. (c) 23. 23. 24. 25. 30%100,00