
Annual Report ͦ 2 3 5 20 24 39 52 71 77 78 79 81 85 180 One Nexus WayCamana BayGrand CaymanKY1-9005Cayman Islands 12259 9131303 www.cohl.hk 1617 ˴ࢩజѓࣣ 206.51.2207.70.6%252.2109.7142.543.5% 10.73.614.333.6% ၍ଣᄴীሞၾʱؓ 3.0%2.25.2%0.2%7.47.2%12.3% 206.51.2207.7252.2109.7142.5 207.7206.51.20.6% 169.12.2171.31.3%82.5%81.8%64.65.269.88.0% 12.11.210.99.9%5.2%5.9% 25.30.225.50.8%12.3%12.3% (i)5.22.88.053.8% (ii)5.50.86.314.5% (iii)3.70.13.82.7% (iv)10.93.57.432.1% 118.118.0136.115.2%57.2%65.5% 125.218.9106.315.1%89.218.770.5 81.419.9101.324.4%39.4%9.448.8%Barbour73.2%74.1% 11.88.119.968.6%(i)0.74.65.3(ii)3.2 196.032.5163.516.6% 86.812.874.014.7% 70.756.0 2.24.1 16.213.3 46.34.650.99.9%(i)14.21.315.5(ii)2.21.13.3(iii)1.0 7.94.50.20.4 ၍ଣᄴীሞၾʱؓ (i)12.35.83.12.4MCSArtful Dodger17.68.72.92.42.40.8MCS (ii)2.95.7 (iii)0.92.4 12.36.01.05 0.50.5 203.289.4113.844.0% 50.420.130.339.9%55.225.030.223.869.48.83.4 144.1253.7 252.2109.7142.543.5% 58369138231 551342 723.2776.94.95.0 475.2496.8 31.522.98.621.32.5 17.815.45.0 16.46.4 1.3 13439 ၍ଣᄴীሞၾʱؓ 1311884863 37 3941 (i)(ii)(iii)(iv) Just-in-timeJIT Interasia & Associates (USA)Inc.Interasia USA O2OO2O12.21.613.813.1% 10.93.57.4 (CRM) 8335,81911,6373,4357,600 204.099.8% Artful DodgerMCS 12.35.83.12.4MCSArtful Dodger17.68.72.92.42.40.8 ၍ଣᄴীሞၾʱؓ MCS 117162,534,000 1 49%111110,000,0005,000,0005,000,000 2 12222100,000,000155,000,00035,000,00010,000,000 2 22 661921 20827323.132.9 •••O2OMCS•••• ၍ଣᄴীሞၾʱؓ 2.0 34.5% 42 642025 58CECManagement LimitedCECManagement LimitedChina Enterprise Capital LimitedCECCECPacific Alliance Group LimitedInterbrewAnheuser-Busch InBev 5220 41DCP CapitalDCPKohlbergKravis Roberts & Co. L.PKKRKKR(Orchid Asia Investment Group)(McKinsey & Company)KKR6008672500 5812 63 5110 45 5420 5520 4415 4010 3910H+ 36 4320 C1 C.2.1 C3 Άุ၍طజѓ 7313 2023 C.2.1 3.13 2 •••• Άุ၍طజѓ •••• 1,000,0001,000,0012,000,0002,000,0013,000,0003,000,0014,000,000 Άุ၍طజѓ 14.3%112.5%159.9%118 •••18•• (a) (i)(ii)(iii)(iv) (b) (i)(ii)(iii) Άุ၍طజѓ ,3.2915 9131303 •2120 •2110•1410 9131303 Άุ၍طజѓ 9131303 2121 9131303william_yan@cohl-hk.com 1. 2. 3. 4. (www.cohl.hk) 6. 7. 8. •••••••••• ԫึజѓ 1 5319 77179 2.0 180 1415 33 36 22393.859.5 ԫึజѓ 14.4%4.6% 43.9%27.2% 5% **** * 2023 9 XV352C3 (1) 352 3365% 336 1. 1.2. a) b) c) f) 344,545,00010% 3. 4. 121% 5. 6. 211 8. (a) (b) (c) 1010 9. 273,000,0001 164,800,000(1/2) 108,200,000(1/4) 2. 787221,500,000 ԫึజѓ 1. (a) (b) South Zone Holding Limited (i)(ii)(iii)(iv) 10%1% 35 2. 162,534,000117 1.2.3.74,934,0004.344,545,000182,011,000 14A CEC Outfitters LimitedVinglory 13.2113.22 13.2113.22 25% 2.4 ԫึజѓ 43 2438 3.21 ESGC2ESG A. A.1 A1.1 (NOx)(SOx)(PM) – A1.2 123 • • • •• •••• A1.3 58.16% A1.4 5.45% A.2 COVID-19 ••LED••••• COVID-19 • • 14.59% A.3 A.4 B B.1 B.2 B.3 B.4 B.5 ISO14000 B.6 VIP B.7 B.8 ዹͭࣨᅰࢪజѓ Tel: +852 2846 9888Fax: +852 2868 4432ey.com 安永會計師事務所香港鰂魚涌英皇道979號太古坊1座27樓 Ernst & Young27/F, One Taikoo Place,979 King’s Road,Quarry Bay, Hong Kong 77179 128,420,000 2.43 8 MCS12,322,000 2.43 818 • ••••• ၝΥฦूڌ ၝΥᛆूᜊਗڌ截至二零二三年十二月三十一日止年度 ൗڝڌৌਕజ二零二三年十二月三十一日 1. 223One Nexus Way, Camana Bay, GrandCayman KY1-9005, Cayman Islands9131303 1. ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 1. #* (1)(2)(3) 2.1 (a)(b)(c) 2.1 27 ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 2.2 171281212 (a)122.4 (b)8 (c)1212 2212 2.2 (d)12 2.3 3 114141 12345 102810281028 2.3 1616 12 77 21 2.4 20% 5 ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 2.4 2.4 38 ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 2.4 2.4 (a)(i)(ii)(iii)(b)(i)(ii)(iii)(iv)(v)(vi)(a)(vii)(a)(i)(viii) ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 2.4 5 3%10%5%9%24%32% 2.4 ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 2.4 Artful DodgerMCS 2.4 (a) 205023 (b) ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 2.4 (c) 12 15 2.4 ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 2.4 32 • •(a)(b) 2.4 1212 30 12 ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 2.4 2.4 ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 2.4 • • • • 2.4 ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 2.4 15 2.4 (a)(b)(c) 3435 ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 2.4 35 2.4 ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 2.4 3. ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 3. 22 14151618 3. 4. (b) ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 4. (a) 203,803202,3573,8574,159207,660206,516 (b) 45,77046,754343,469387,707389,239434,461 10% 5. 5. (ii) 3090 6. 7. 8. 9. 383(1)(a)(b)(c)(f)2 35 9. 9. 9. 10. 9 10. 35 11. 25% ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 11. 116,00019,000 12. 2 13. 142,522,000252,179,0003,282,916,0003,282,916,000 14. 3,071,0003,428,000 20.0%20.0% 4,000118,00045,000277,000 2,369,000 15. 16 93,560,00096,385,000 15. 35,900,000 2,178,000 16. 2050 (a) 10%10% 16. (a) 860,0002,359,000 (b) ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 16. (c) (d) 36,817,000 (e)37(c) 16. 156,473,0005,284,0005 17. 18. 35.5%28.9%29.1%27.2%MCS28.8%27.2%29.1%29.1%28.9%27.4%3%3%MCSMCS3,128,0002,449,000953,00029,0005,763,000Artful DodgerMCS2,394,0002,354,000801,0008,654,0002,941,00017,610,000 19. ɚཧɚɧϋɤɚ˜ɧɤɓ˚ 19. 9,999 9,999 49%4,888 (23) 307,000 21. 22. 325,961,000351,796,000 22. 10%5% 18,991,00019