TECHSTARACQ-Z2024年度报告

78554855 2024 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .29. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .45. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .59. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .66. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .71. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .72. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .73. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .74. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .75 202412 12202412 12 11125 PO Box 309, Ugland HouseGrand CaymanKY 1-1104Cayman Islands ZHANG Min Maples Fund Services (Cayman) LimitedPO Box 1093, Boundary Hall, CricketSquareGrand Cayman, KY1-1102Cayman Islands ZHANG Min 1617 ZHANG Min 1111151501-15071513-1516 ZHANG Min 1 www.techstaracq.com •••1151509 7855 4855 1151506B A20221223A1,001.0 99.9B 20241220(1)Seyond Holdings Ltd.Merger Sub(2)PIPEPIPEPIPE(3)(4)(5) 2025212 (i)PIPE(ii)ATechStarA(iii)(iv)(v)(vi)14.60(7)20255 (i)20241220(ii)2025212 (i)(ii)(iii)(iv)(v)(vi) 99.9B 99.9B 20241231202412311,106.2 202412311,147.5141.2A1,001.020241231 1,001.0 B •B •B 10.0202412312.8 2024123120241231 20241220Merger SubPIPEPIPEPIPE 20241231 20241231 2024 20241231 502022420226 20200120051945202262023122246201792022500226120225202112021120268 199672000120071 42202412 1520227201632022720078201630998601998 20047200771469 59 201332012201562016102005112015520006200291997620005201562020400290820167 19897 402019892019214 201812201712201810606660106620127201710093960193920097201253908601995 20076201462013 43202374920221122021116 202172021122018920216201412018920102201311609960099920082201023968600036 2003620049(University of Abertay Dundee)20199 62 20201412Waterwood InvestmentWaterwood Investment20021Gobi Ventures2014122000820013Asia2B.com1998920003Wah Tak Management Limited19974199931988919955• 1985519865 ZHANG Min56Zhang 20129ZhangZhang20051220081020021220051220013200211202012 Zhang198971995(The Norwegian School of Economics and BusinessAdministration) 52 20232202142023120134202012065620245LakeShore Biopharma Co., LtdLSB 1997920019(Boston University)20022200611(American Institute ofInternal Control) 46 2011720219 200162004620152(MassachusettsInstitute of Technology) IPO19 2022411A2022122378554855 2022411 (i)2436(ii) 20241231 20241231 16 20241231 20241231 10.0202412312.8 202412 12202412 12 ZHANG Min 712 13.51B(1)20249162024 •20245LakeShore Biopharma Co., Ltd.LSB•20241212•20241212 202212820241212 202412123.09D 20241220 (a)12(b) A 1818A C2 8.10 20241231XV(a)XV78(b)352(c) L (1)20241231125,100,000100,100,000A25,000,000B(2)(8)(9)(10)(3)(11)(4)(12) 20241231XVXV78352 20241231XV23336 (1)(1) L (1)20241231125,100,000100,100,000A25,000,000B(2)A17,000,000A2024123113.59%(3)Fortune Opportunity FundFortuneOpportunity Fund(4)40.14%(5)Cinda Sinorock Global Portfolio Limited Partnership ICinda Sino-Rock Investment LimitedInnotek Resources Limited55.01%44.99%Cinda Sino-Rock InvestmentLimitedInnotek Resources LimitedSinoRock Superior Growth LimitedCindaSinorock Global Portfolio Limited Partnership I (6)Redpine Elite Limited (7)CNCB AM TS6019980998CNCB AM TSB202493066.81%68.45%026727.52%25.60% (8)ZCL TechStar194520241231JQ Brothers Ltd.47.22%JQ Brothers Ltd.ZCL TechStarB (9)Zero2IPOAcquisition54.93%Zero2IPO AcquisitionB (10)Rivulet ValleyRivulet ValleyB (11)INNO SPACINNO SPACB (12)Waterwood AcquisitionWaterwood AcquisitionB 20241231XV23336 1,001.0B A(i)(ii)A(a)(b)2436(c)(iii)AA(iv)A A B 40.0B2,500.0B 20231231B20.013.53.60.1202411B2.8 202411B 2 0 2 562 7(w w w . h k e x n e w s . h k)(www.techstaracq.com) 20256242025627202562316172025627 20252122025212 TechStar Acquisition Corporation 2025321 28TECHSTAR ACQUISITION CORPORATION •2024 C1 ZHANG Min 3.10(1)3.10(2) 3.10A3.13 202412314062 20241231 C.1.4 ZHANG Min C.2.1C.2.1 202212820241212 (i)(ii)(iii) (1) (2) (3) (4) (5) (6) (7)13.7413.51(2) (8) (9) (10) (1)20241212 (2)20241212 C3A A.2.1 (b) (c) (d) (e) ZHANG Min (i)202312312024630(ii)202412312024(iii) ZHANG Min ZHANGMin (i)(ii)(iii)(iv) ZHANG Min ZHANGMin (i)(ii) ZHANG Min 8 (i)(ii)(iii)(iv) I