明发集团2024 年度报告

846 2 0 2 4 ••••••246485977818893949598100103226 2024102202511 FCCA Vistra (Cayman) LimitedP.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay RoadGrand Cayman, KY1-1205Cayman Islands FCCA 88 88Plaza 8830B http://www.ming-fa.com 846 Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia CourtCamana BayGrand Cayman, KY1–1110Cayman Islands 183171712–1716 528 15353507 11125 20241231 2023202416.8%202492025 主 席 報 告 書 管 理 層 討 論及 分 析 2024 70.303202395.250202326.2%202418.09217.91120236.4314.6712023181.3%283.4%202429.420237.72023281.8% 20241231 2024 9.7202318.6%20249 2025 20242025 2024123154.7% 202470.303202395.25202326.2%202420231,458,06920241,058,431 202415.168202322.0%202319.4452024 20236.431181.3%202418.0922024 20234.671283.4%202417.911 202455.134202327.3%202375.8052024 20244,419.120231.9%20234,503.5 202411.98820236.5262024 20234,62028.4%20243,310 20243.973202319.8%20234.957 20246.880202321.5%20235.6612024 2024156.2%5,20020232,030 5,643.720233.5%20235,846.7 20241,058,431202327.4%20231,458,069.02024 52.728615,916202357.504851,463 20241231823,50720231,063,351 202412317.9%16.3202317.71292023132 1.20241231(a)(b)(c)2.20241231(a)(b)3.4. 20241231 2025 2025 404,678 2024123190% A 133,110266,3352024123190% 202412319,270202512 61,222306,110 2024123190% 20241231116,517202512 529,5621,053,450 2024123185%75%202512 53,779169,305 2024123170%202512 117,594268,259 2024123185%202512 285,594928,837 2024123175%2024123163,476202712 332,335708,1572024123180%202612 209,048418,0962024123175%202612 1,122,5933,060,924202712 2024123180%65% 2024123147,467202712 276,120787,22080%202612 76,153382,6922024123185%202512 147,371618,9582024123175%202512 154,024462,0722024123180%202512 63,127189,381 75%202512 101,504171,9502024123175%202512 109,452240,7942024123175%202512 99,943159,9092024123180%202512 289,236336,7692024123175%202512 62,105446,246 2024123160%6,207202612 36,59062,2022024123170%202512 66,262132,52470%202512 55,48183,22265%202512 B1–1 76,363305,4522024123170%202512 46,885204,45760%202512 64,607129,2142024123175%202512 119,56495,65250%9,241202512 69,757132,6992024123180%202712 26,91853,8352024123180%202512 132,362158,8352024123155%202612 26,53066,32545%202512 G30 32,84359,11740%202512 75,474135,8532024123170%202612 67,156100,73550%7,393202612 48,07396,14575%202512 102,069255,1722024123145%202712 107,417271,5132024123155%202612 69,333138,6662024123155%202512 119,154223,510 2024123155%17,892202612 112,183151,600 2024123150%104,818202512 24,439146,636 2024123130%202612 46,54888,0002024123130%202512 CBD CBD76,473202,6532024123135%202612 57,60057,6002024123130%202512 37,67675,3522024123130%202512 C1 C1154,082385,2062024123130%202512 79,116379,5752024123130%202712 130,571352,9362024123130%202512 3 57,269105,9472024123145%202512 235,526423,9482024123130%202712 31,25846,8882024123130%202512 106,963162,97520241231202712 105,188315,5642024123140%202712 22,31655,7912024123145%202512 4 37,55275,1042024123140%202512 150,070300,140 2024123140%202612 34,33887,626 2024123120%202612 32,56971,122 2024123120%22,899202512 55,564126,535 2024123120%13,66020264 30,76552,301 2024123120%20256 54 66,541119,7742024123120%20259 29,098151,3092024123120%20279 30,92343,2922024123120%202612 2024123170.303202395.250202326.2%202420231,458,06920241,058,431 85.0%29.9%20231,458,06920241,058,431 20236.19720246.5896.3%2024 20233.56220242.88619.0% 202415.168202322.0%202319.4452024 20236.431181.3%202418.092 20234.671283.4%202417.911 202455.134202327.3%202375.8052024 20244,419.120231.9%20234,503.5 202411.98820236.5262024 20234,62028.4%20243,310 20243.973202319.8%20234.957 20246.880202321.5%20235.661 2024156.2%5,20020232,030 2024123111.707202317.79253020235,7302.76018.34720234.56620.58620241231 2024123121.6802023123121.81202312315.3971.328202312312.76210.8122023123120.5803.717202312312.372 20241231191.38420231231182.466 2024123151.1642023123169.627 2024123194.0%5.6%0.4%2023123197.2%2.5%0.3%20232024 20242024 20241231 202412313,382202312313,80420242.64120232.763 485 20242,47020232,480 201979 (a)(b)(c)(d)(e)(f)(g)(h) C1 C3 2024102202511 8 202511 233 2013826 (a) (b)(c)(d)(e)(f) 20241231 (a)(b)(c)(d) 31 20241231 (a)(b) •••• • 20241231(i)20232024(ii)(iii)(iv)(v) 2019715(i)(ii)(iii) 20241231 2024 202511 BBB *ABC 202320221231 1,000,0001,500,0001,500,0012,000,0002,000,0012,500,000 20243.6 571XIVA 201812201773 (http://www.ming-fa.com) 88Plaza 8830B +852 2620 5885info@mingfagroup.com (10%)Vistra(Cayman)LimitedP.O.Box 31119 Grand Pavilion,HibiscusWay, 802 West Bay Road, Grand Cayman, KY1-1205 Cayman Islands (21)(3) 2012 (http://www.ming-fa.com)(http://www.hkexnews.hk) 2025328 2024C220241231 2024112024123120241120241231 http://www.ming-fa.com A1 1,676,914.48(SOx)20231,502,2852,235,888.58(NOx)20232,003,04962,604,892.38202356,085,38318,511.21202318,382 0.71%