德商产投服务2024中期报告

2 4 6 7 19 25 28 30 31 C1 2010312 Desun Real Estate Investment ServicesLimited20201210 Sky DonnaPengna Holding 20211217 190 Elgin AvenueGeorge TownGrand Cayman KY1-9008Cayman Islands 202431202431 1480A1803 131 Walkers Corporate Limited190 Elgin AvenueGeorge TownGrand Cayman KY1-9008Cayman Islands 183171712–1716 11125 (ACG, HKACG) 153232033207 www.desunhui.com 2270 20211217 20246306 2024829 2024 2024—— (i)(ii)(iii)(iv) 2024AI 2024630203.1202336.5%62.4202338.1%30.7%20230.3202463023.6202318.229.7% 203.12023148.836.5% (i)(ii)(iii)(iv) 124.761.4%2023104.319.6% 1,168.32023123115.4%1,005.32023123113.66% 24.912.3%202316.848.4% 11.55.6%202315.124.3% (F2C)(B2B2C)24 42.020.7%202312.6234.1% 20228 140.72023103.635.8% 202463062.4202345.238.1%30.7%202330.4%0.3 20236307.31.013.7%20246306.3 202363022.38.136.3%202463030.4 20236305.520246301.9 202363021.65.927.3%202463027.5 202363020246303.43.9 202363018.229.7%202463023.6202363012.2%202463011.6% 2023123198.7202463096.6 20231231250.72024630241.3 20246305.74.810 20209.2 20231231164.82024630162.3 2023123153.7202463060.8 2023123144.6202463038.1 20231231163.32024630159.6 20231231202463047.655.4 202312319.4202463015.8 202463010.8202312318.42024630243.420231231248.4 20231231210.178.02024630132.120231231182.72024630160.9 202463020231231 2024630 20246303.58%202312313.20% 202463020231231 202463040.220246302024630 202463098920231231970202463051.7202363052.0 2021427 202312222024520 (i)(ii)5++(iii) 202312730%20241120261231202412320231272024123202414 202312221,51251,640,00020242202023122620242202024131 20238224,173,850.42(1)1,000,000(2)2,956,685.60(3)(4)(5)20,09623,7302023822202442 202312222024520(i)(8)(12)(ii)(iii)17172024520 20246520246272024652024627 2024719100%258,238.622024719 2024719202412312024123116,900,0002024719100%2024719 20248161052024816 C1C1C.2.1 C2.1202112C.2.1 C3 2024630 2024630 202431202431202431 13.51(2)(a)(e)(g)13.51B(1) 2024630XVXV78352 1.2024630620,259,200L 2.2021511—2024630SkyDonnaPengna Holding62.82% 3.389,673,000(i) Sky Donna372,393,000(ii)17,280,000 4.22,500,000Zhiyu Holding LimitedZhiyu Holding LimitedZhiyu Holding Limited 5.1,059,0002024316.3,540,0371,059,0002,481,0377.6,128,1552,406,6003,721,5558.6,128,1552,406,6003,721,5559.1,550,6481,550,648 2024630XVXV78352 2024630XV23336 1.2024630620,259,200L 2.2021511—2024630Sky DonnaPengna Holding62.82% 3.Sky Donna389,673,000(i) Sky Donna372,393,000(ii)Sky Donna17,280,000 4.389,673,000(i) Pengna Holding17,280,000(ii)Sky Donna372,393,000 2024630XV23336 18 20241220242520246773,616,00066,901,00017,838,00021,816,00016,479,4292024630 20211217202216176.1 2023830(i)(ii) 1.60% 2.20% 3.10% 4.10% 2023830 2024630 27522024630343434 2410 34 20236302023830202312312024326 P031132024829 2024630 1. 34 20231231 2. ———— 2023122220241311,51251,640,0002023122620242202024131 202463051,640,00019(a)17 3. 20231231 771611 4. (a)(b)(c)(d) 4. 4. (110)7,308(13,532) 21,600 20246 30 4. 2023630 202463010% 202363026,473,000202363010% 5. 5. 20246 30 5. 6. 7. 8. 2023630 2023630 20246 30 8. 202363025% 15%[2020]2320301231 202363020% 9. 20248292023630 10. 58,880,000 12. 13. (a)(b) 14. 20246305,079,0002023123127,590,00035,080,0002023123178,232,000 20246 30 15. 17. 202463020231231 18. 0.0001202311202312312024112024630 2,000,000,000 a.20236143,465,6000.423,465,6001,330,0003,334,000 b.202312223,168,0002,871,0002,746,571 20241220242520246773,616,00066,901,00017,838,00021,816,00016,479,429 58,880,000202312312,746,5719.49%202312310.44% 2024630 20246 30 19. (a) 202463051,640,000 19. (b) (i)2024630 (ii)20251212% 19. (i)(ii)10.120258312025122026612%(iii)202463016.22023123120273120273122027414 19. 20. (a) 20246 30 20. (b) 2024630 21. 2024630 22. 2024829