GHW INTL2024年报

245926294358838687899092 Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 696 11434301 38223 Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands MUFG Corporate Markets Pty Limited28161601 www.goldenhighway.com 9933 GHW International20202021202220232024123120202021202220232024123120202021202220231231 20241231 3,862.020233,217.720.0%20241231391.020231231337.016.0%2024123112.9202312312.7374.0% (i)(ii)(iii)(iv)(v)(vi)(vii) 2023 35.2%202333.0%202412311,359.128.2%2023 20242024123153.7%200.497.2%33.5 20241231991.9202339.6%25.7% 2024123112.820232.7202412311.420230.3 2025 2023910,000,000120,000 20248128.05%2024123136.42024121022.2 2025331 2023 2024 (PVC)MDITDI 2025 2022 2024 202412313,862.020233,217.720.0%20231231337.020241231391.0 1,059.728.2%1,359.12023 130.453.7%200.417.097.2%33.5202413.0%16.7% 710.739.6%991.939.784.1%73.1 2024123112.920232.7374.0% 20241231 202312311,059.728.2%202412311,359.120232024 167,17322,75132,144217,74540,93068,7462023 202312314,5446,051202412314,0635,1652024 20231231178.420241231177.4 2023123110,63613,1732024123110,45913,0082024 202312311,101.4202412311,094.0 202312312,35821,335202412313,78127,960MDITDI2023123157,84526,9845,6032024123147,00024,8234,682 20242023123116,16913,2062024123112,94511,793MDI202312313,63814,418202412314,05915,825TDI2023123116,8562024123113,234 20231231130.453.7%20241231200.4 2023123131,48262.1%2024123151,025202392024123115,000202312314,142202412313,927 2023123123.60.8%2024123123.8 20231231710.739.6%20241231991.9 202312311,467202412312,232(i)(ii)20231231340,25220241231354,561 20231231743202412314942023123122,5912024123122,016 202312313702024123135520231231525,74620241231533,395 20241231202410530 2025 20241231 20232024123178.5%78.3% 20231231296.2152.887.320241231350.0212.3145.02019 202312312,880.7202412313,470.9 20241231 20231231337.020241231391.02023123110.5%2024123110.1% 2023123121.42024123128.0(i)15.2202311.4(ii)7.09.8 (i)(ii)(iii) 202312312.7202412317.1202312310.97.4 20231231132.820241231172.6(i)(ii)(iii) 20231231123.520241231137.8(i)(ii)2.0(iii)2024105.3 2023123175.22024123148.9(i)8.7(ii)9.0 2023123139.22024123139.9 202312319.5202412310.3 2024123112.9202312312.7 2025 2023910,000,00012 202412312,046.520231,742.4101.5202377.4 20241231852.22023711.720241231816.02023711.73%4.5%20230%7.2%202520502023202420502024123136.23.5%6.5%2025 100%137.1%2023122.4%20241231 2024 2024112120241210202412102.669,500,0000.94%202411212.98 24,311,00020241231 2024123124,311,000 20241231 121.82023153.4 2024123117.9202320.1 20241231(i)33.9202330.4(ii)64.4330.3202343.4355.3(iii)102.4202386.0(iv)1.320232.4(v)14.2202311.6(vi)4.620232.4 202412312023 202412312023 202412311,12020231,09820241231141.52023135.8 20191216 2023312023312024112024123150,900,00065,180,000 20241223(i)20241223(ii)66,07033,035202562333,035202592320241223 202512014413635,5002025120 202512187268,5002025121 904,000 202412312023 202451020248122024621202481291.95%8.05%2024123136.4 20241231 57GOHI Int’L LimitedGOHI Int’LGoldrayInternational Enterprises Co.,LimitedGoldrayInternationalHavayIndustry Inc.HavayIndustryGHWUSA LLCGHWUSAMost Victory Holdings LimitedMost VictoryGoldenhighway HoldingsPte.ltd.GHW PTEGHW International (Malaysia) Sdn. Bhd.GHW Malaysia2024321Golden Highway Mexico, S.de R.L. de C.V.Golden Highway Mexico241989720017 5620012Nuovomondo Chemicals Private LimitedNuovomondo ChemicalsGHWMalaysia241989720126 56199772419877 5319961GHW International (Côte D’ Ivoire)GHWCôte D’ Ivoire20243272419947201212 5219957241995720126 5719984199462005720156 58198919957 7100226220241230688221202412286884882025140024226005132024111619771199362013 572020156202212607202312016126581989719936200512012112002420074 3720091220139 55199832419906 20241231 20184252020121250,000,0000.51 2020121 42 58925 40 20241231 202412318688 202412312023 2024123143 20241231103.8202383.4 420241231 14 20241121202412102024121022.29,500,0000.94%2.6 202412312024123133 20247192024725202499Endless Reward LimitedSP Global Trust LimitedGHW International Employee Incentive Trust1.51.752.315,000,0004,280,0005,000,0007,500,0007,490,00011,550,000 3420241231 202412312023 202412312.1%20232.8%8.5%20238.2%202412316.8%20237.2%28.0%202327.6% 202412315% 20241231 20241231 84(1)(3) 2628 3.13 2024123111 33811 23372024123120241231 811 2337 14A.90 202431038,300,0004%182024712024714%3.5%20241231202620247233.5%24,500,00082024123127,250,000202327,000,00023 20223154,600,0001.8%202241520224151.8%4%202361520231231202520241231202620248740,000,0004%182024123153,800,000202354,600,00023 55.31%14A (a)(b)(c)14A.90 20241231571XV352C3 (i) (a) 375,000,000Commonwealth BCommonwealth Yanbin LimitedCommonwealthYanbin80%(b) 178,141,500Commonwealth Happy ElephantCommonwealthYYB LimitedCommonwealth YYB98.26%Commonwealth B375,000,000Commonwealth Happy Elephant178,141,500 20241231XV35