PALADIN周年报告2024

: 495 2024 239101930404546484951121122 18317 151212100 Victoria Place, 5th Floor31 Victoria StreetHamilton HM10Bermuda David Norman & Co. Estera ManagementBermuda LimitedVictoria Place, 5th Floor31 Victoria StreetHamilton HM10Bermuda 133,000,00042,000,000100,000,0009,000,000 9,000,0007,000,000 Covid-1923160,000,00029,000,000 Pexray OyX (EOD)(IED) 14,000,000 X Pexray Oy SW PexrayX Navigs OyNavigs OyGNSSIPESSA TinyIPESSA Base StationIPESSA NanoIPESSA Yaw BarIPESSA RTK-VINS –IPESSA Tiny –IPESSA Base StationIPESSA TinyRTKRTKIPESSA Base StationUHF –IPESSA NanoAGV(IMU)TinyNanoIPESSA Nano –IPESSA Yaw Bar(FOG)GNSSTinyNanoYaw BarGNSSIMORTKSOLASMEMSIPESSA Yaw Bar –IPESSA RTK-VINSTinyNano(VINS)GNSSUGVAGVRTK-VINSDynim OyTechvico Dynim OyDynimDynimKindhelmRTK VinsDynimKindhelmRTK Vins –RTK Vins QuectelAndroid/UbuntuRTK Vins QuectelCrearoDynimKindhelmCrearoRTK Vins Quectel AndroidSpectacular AIKindhelmTechvico HanoiUbuntu –RTK Vins NvidiaRTK Vins NvidiaPixonRTK Vins Quectel –RTK Vins STMRTK Vins STMPixonNvidiaQuectel RTK VinsDynim/Kindhelm Imagica Technology Inc.3D Covid-19 3D3DAI Simpletec 3D3D 95,000,0000.3336,000,000 162,000,000(i)14,000,000(ii)13,000,000(iii)104,000,000(iv)7,000,00024,000,000 226,000,000174,000,000 22.97% 47 35 C1 C3 3.103.13 C.1.6 C.2.1 3.13 (1) (2) (3) (4) 3.21 3.29 (I) 74(i)(ii) 21 (II) C2 A. A1 A1.1 A1.2 ––– A1.3 A1.4 A1.6 A1.5 A2 A1.6 A2 A2.1 A2.2 A2.3A2.4 A2.5 A3 A4 B. B1 47 407 443 3010305031506 31160 40%14% 3012%305039%5040% 19%26%9% B2 509 ––– B3 – 18%2% 12%5% 11 B4 B5 472327 B6 B7 B8 43 – – 56 45 3437 19 20 26,561,000 38%64%36%54% 5% XV352 XV352 336 (a)Basurto Holdings Limited(67%)(33%)(b)Cityguard Holdings LimitedFive Star Investments Limited(c)Five Star Investments LimitedBasurto HoldingsLimited67%33%(a)(d)Gold Seal Holdings Limited50%50%(e)Next Level Corporate Limited25%25%25%Basurto Holdings LimitedNext Level Corporate Limited25%Next Level Corporate Limited 336 37 397,721,900397,721,90028.38% (1)0.334(2)0.299(3)0.173(4)Zee AlfredKing, Camille V 42 42 3237 16 PALADIN LIMITED 45120Paladin Limited 2133,409,00094,878,0002 4(f)5(d)719 417,700,000100,300,000 90 • • • •• 822,73318,386(9,142)(8,293) 931440410(96,558)4,782(44,800)(52,846) 12(5,577)(4,180) 13(379)(17) 14(133,409)(41,764) (2,458)(405) (130,130)(37,221)(3,279)(4,543) (133,409)(41,764) (132,419)(37,216)(3,448)(4,953) 1. Paladin LimitedVictoria Place, 5th Floor, 31 Victoria Street, Hamilton HM10, Bermuda151212100 43 Cityguard Holdings LimitedBasurto Holdings Limited 2. 622 3 133,409,00094,878,000 2. (i)104,489,0006(c)(ii)Gold Seal Holdings Limited12,960,000(iii)3183,011,000(iv) 3. (a) 81212 3. (b) 11577211118191028 18 181818(i)(ii)(iii)18 4. 5 (a) (i)(ii) 4. (a) (b) 4. (c) (d) (i) (ii) 4. (d) (iii) 4. (e) 15%10%–33%15% 4. (f) 4(t) (g) (i) 4. (h) (i) 4(y) (j) 4. (j) (k) – – 4. (l) (m) (n) (o) 4. 4. (r) (ii) 94.3.5 (s) 4. (s) (t) (i) (ii) (iii) 4. (u) (v) (w) 4. (w) 4. (x) (y) 12 1212 4. (y) –––––– 30 4. (y) (i)(ii)(iii) 4. (y) –– 90 ––––– 4. (y) 12 4. (z) (aa) 5. 4 5. 2 (a) (1)(2)(3) 204,037,000216,935,000 (b) 208,982,000170,033,000 5. (c) (d) 417,700,000518,000,000 6. (a) 6. (b) 3090 37%26%87%88% 12 6. (c) 1 6. (c) (d) (f) 7. 1213 –––11,08411,084––26,171–26,171–26,17111,08437,255 7. (a) –––11,08411,084––25,434–25,434–25,43411,08436,518 7. (c) 33 7. (c) 8. 9. 43,000277,000128,00043,000149,000 11. ––X 8 4 11. 136148284–523523 11. –320320–972972 11. 22,73318,386 a 12. 21 13. 2,000,0008.25%8.25%16.5%16.5%16.5%16.5% 25%25% (133,030)(41,747) 37917 13. 208,982,000170,033,00084,332,00067,040,000 150,113,000157,640,000 14. 15. 16 2,1561,7433121452,4681,888 1,000,0001,000,0011,500,000 32–1 16. (a) (b) (c) (d) (e) 42 17. 18. 19. 100,300,0009,400,000 225,900,000 173,681,000177,951,000 20. 6,398,000 21. 496(496) –496–551,4972,330 40(b) 7 22. Imagica Technology IncorporationImagica TechnologyIncorporation2,179,000 23. 3,043(86) 2,957(103) 2,854 3,043(86) 2,957(103) 0.5 (a)(b) (a) 1,100,000 (b) 10,000,00078,000,0002,806,00021,887,000168,0001,310,0002,806,00011814.6522 25. 3090 26. 27. 199,0001,490,000 28. 090 598757 29. 8531 3152(31)(52)8630(1)1 8531 85,00031,000 30. Gold Seal Holdings Limited12,96016,313Cityguard Holdings Limited4374378330113,48017,051 79,63581,20924,854– (i)79,635,00081,209,0002632751.751.75 (ii)30.5 83,011,00016,291,000 32. (a) 0.250.25181,313,56925,774,29812,894,97051,731,337194,208,53977,505,63548,552,00019,376,000 0.25 (i) (ii) 32. (a) (iii) (i)(ii) (iv) (i)(ii) 32. (a) (v) (i)(ii)0.25 (iii) 0.0380.058191,557,498191,557,498 3,831,00011,877,000 32. (b) 0.250.25275,934,67341,236,56033,051,228117,839,783308,985,901159,076,343 0.24 52,104,17252,104,172 33