明源云2024年度报告

明源雲集團控股有限公司MING YUAN CLOUD GROUP HOLDINGS LIMITED 於開曼群島註冊成立的有限公司2024年報 24520303778100107108109111113115225229 Cricket Square, Hutchins DriveP.O. Box 2681, Grand Cayman KY1-1111Cayman Islands 16A801 131 Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 183171712-1716 97927 22 33 3A10 1 251908 909 www.mingyuanyun.com 1,434.812.5%1,483.828.8%44.074.1% 202118.220249.72024AI AI 1. 9.712.9%9.717.1%7.423.0%2.81.1% 100 2. &(REITs) &&& 3. GDP11%36.875%(DX) 21.7% 4.AISaaS DeepSeek-R1DeepSeek-R1AISaaSAISaaSSaaSSaaSSaaS SaaSSaaS+knowhowknowhow AIAISaaS 1. 1.1 &PaaS +&IT& 1,195.110.7%1,338.783.3% (1) DeepSeekGLM AIAIAIAIAIAI50%AI2455%AI AI2,8001,000AI30%DeepSeek AI+AI+AI+AI+ 858.99.2%945.9811.46.6%868.710,5638.9%7.72.7%7.5AI78%80% (2) AIAIAI 124.220.7%156.55,25723.5%6,8762,05240.9%1,4562.44.3%2.368%80% (3)& && 8,000230 &99.814.2%87.4&90%88% (4)PaaS PaaS PaaSPaaS AIAIOpenAIKimiGLMDeepSeek• AI PaaS112.324.6%148.9PaaS1,3003,50090 1.2 ERP IT239.720.4%301.0 2. 3. • AI 757.717.8%921.7244.053.0%519.5482.125.0%643.063.914.7%55.7 18.29.7AIAI 1. 1.1AI+& 1.2+ 2. 2.1 2.2AI+AIOTSaaS 3.AI+SaaS 3.1AI+AIAIAI+ 3.2AI+AIAIAI+ 3.3AIAIAIAI+AIOTSaaS 4. 4.1 4.2 4.3AIAIAIAIAIAIAI AI 1,434.812.5%1,639.6 1,195.110.7%83.3%81.6%&&99.814.2% 239.720.4% 1,102.715.4%1,303.21,032.112.6%1,181.188.2%86.4%70.642.2%122.140.6%29.4% 757.717.8%921.7736.615.7%874.3 244.053.0%519.5135.019.2%167.0 482.125.0%643.0466.525.4%625.6 44.82.8%46.1 85.228.6%66.3 35.61,383.3%2.418.414.1 376.350.7%763.2 183.70.6%182.6 4.438.0%7.1 197.466.5%589.4 7.9229.2%2.4 189.567.7%587.0 4,042.44,392.0 3,429.03,947.26.015.96 090 55 54 54 52300639002402 48300264 52300301 300602301041 45AmcorPLCCHESSDepositary InterestsAMCRAmcorPLC (CPA) 54 54 43 53 43&&IT600588 EMBA 20320635 107224 0.10.091167,522,000 0.10.092 (a)133134 (b) (c) 12,316,000 183171712-1716 183171712-1716 25 186 7,661.526 4 15 8.08 6,910.3 (i)(ii)()D211(8) 1. 2. 6225 21• ESG 100,0008,000 •••••• 83(2) 83(3) 84(1) 303613.51(2)13.51B(1) XV(a)XV78(b)352(c) (1)GHTongRuiInvestment Limited376,423,600GHTongRui InvestmentLimited99%MYTongRuiHoldings LimitedMYTongRuiHoldings LimitedTMF(Cayman)Ltd.GHTongRuiInvestment Limited (2)HengXinYuanInvestment LimitedSunshineSmoorHoldings Limited299,644,8004,000,000HengXinYuan Investment LimitedSunshineSmoorHoldings LimitedSunshineMorning Holdings Limited99%SunshineMorningHoldings LimitedTMF(Cayman)Ltd.HengXinYuan Investment LimitedSunshineSmoor Holdings Limited (3)LINGFANInvestment Limited187,826,600LINGFAN InvestmentLimited99%Mindfree Holdings LimitedMindfree Holdings LimitedTMF (Cayman) Ltd.LINGFANInvestmentLimited (4)1,943,885,020 336XV23 (1)GHTongRuiInvestment Limited99%MYTongRuiHoldings LimitedMYTongRuiHoldings LimitedTMF(Cayman)Ltd.MYTongRui Holdings LimitedGHTongRui Investment Limited (2)HengXinYuan Investment Limited99%SunshineMorning Holdings LimitedSunshineMorning Holdings LimitedTMF (Cayman) Ltd.SunshineSmoor Holdings Limited3,000,000SunshineMorning Holdings LimitedSunshineMorning Holdings LimitedHengXinYuan Investment LimitedSunshineSmoor Holdings Limited(3)LINGFAN Investment Limited99%Mindfree Holdings LimitedMindfree Holdings LimitedTMF (Cayman)L t d .M i n d f r e eHoldings LimitedLINGFAN Investment Limited(4)TMF (Cayman) Ltd.GHTongRui Investment LimitedHengXinYuan Investment Limited LINGFAN Investment LimitedSunshineSmoor Holdings Limited(5)MYC Marvellous LimitedJIABAOSZ Investment LimitedJIABAOSZInvestment Limited82,180,00099%JINBAOSZHoldings LimitedJINBAOSZ Holdings LimitedMYC Marvellous Limited(6)1,943,885,020 XV23336 8.10 3314A.3114A.71AAA 2,222,22211,111,1118,888,889 • • • • • • • • • • • • • • (i)(ii) (i)(ii) 202450% VIEICPICPICPICPVIE 45%34%21% AA 187.4513.06% 175.323.22% (i)(ii)(iii) 3000740(a)(b)(c) 6368 •••• ••• •••• 1,9122,5771,098,058,000 10(c)10(b) (1)(2)(3)(i)(ii)MYCMarvellousMYC MarvellousMYC Marvellous 13,719,58036,461,45355,357,499 196,709,5029,835,4751.45% 26,661,788194,826,9809,835,475194,826,98010.09% (i)(ii) (i)(ii)(iii) 121% 120.1%120.1% 12 (1)(2)(3)(4)(5)12(6)121212 10 6970 (i)(ii) (i)(ii)(iii) 121% 120.1%120.1% 12 (1) (2) (3) (4) (5)12 (6)121212 10 26,661,788 17.07 17.07 11)C2)3 21)C2)3 31)C2)3 7(i)(ii)17.03D1%(iii)0.1% 27 (i)(ii) (i)(ii)(iii) 121% 120.1% 1.00 17.03E (a)(b)(5)(c) (4)25%(12) (1) (2) (3) (4) (5)12 (6)121212 10 1(i)C(ii) 2125%225%325%425% 3(i)(ii)1%47.73275(i)(ii)17.03D1%(iii)0.1% 8.03%22.76%2.62%9.22% 5% 34,466,00012,316,00066.548,311,00014,899,0001,466,0003.49 MYCMarvellous1,110,000 0.04 9094 C1 (i)(ii)(iii)(iv) C3 3.09D 3036 1,23967364.80%35.20% C.5.1 C.2.7 3.133.13 2 3.10(2)3.21 E.1.2(c)(ii) 0500,000500,0011,000,0001,000,0011,500,0001,500,0012,000,000 10(b) 1.2.24,779,266 •••18 A.2.1 1 2 (1)(2)(3)(4) 2.1 2024AI AI 2.2