HYPEBEAST年报2024-2025

2 3 4 5 6 8 16 18 26 47 51 52 53 54 56 108 Third Floor, Century YardCricket Square, P.O. Box 902Grand Cayman, KY1-1103Cayman Islands 940 Vistra (Cayman) LimitedP.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay Road, Grand CaymanKY1-1205Cayman Islands 183171712–1716 hypebeast.com 00150 2024/2025Hypebeast Ltd. HBX Hypebeast Ltd. HypemediaHypebeast HypemakerHypemaker HBX (i)(ii) Hypebeast HypebeastHypebaePopbeeFacebookInstagramXYoutubeKakaoNaverHypebeast ••••• HBXHBX Hypebeast Hypebeast Hypebeast Hypebeast ••••Hypebeast Hypebeast •502,500,000608,300,00017.4% •224,200,000102,900,00031.5%53.8%44.6% •145,400,00078,700,000 •287,400,00042.9%164,000,00043,400,00043,000,00049.8%26.4%30.0%3.614,200,000 • 482,200,00017.3%399,000,000 413,500,00035.3%267,500,00046.2%40.1%( i )(ii) 172,400,00029.2%122,000,00019.2%18.3% 213,600,00023.9%162,600,00023.9%24.4% 562,300,000629,900,000135,700,000149,600,000426,600,000480,300,000 4.13.8 75,700,00070,600,000 77,000,000108,000,000 92,300,00015,200,000 58,200,00031,500,000 77,900,00045,800,000 40,700,00023,400,00017,300,000 28,900,00037,600,00025,200,00044,400,000 9,300,0009,700,000400,000 10,000,000 6 GEMGEM 387495254,700,000319,900,000 31 336 5801630296(London School of Economics andPolitical Science) 42CORE Capital Group LimitedHYPEBEASTHYPEBEASTHYPEBEAST(University of British Columbia) 62Impact Communications Company(University of Hong Kong) 42PopbeePopbeePopbee(Simon Fraser University) 53(Bloomberg L.P.)(Monash University)(Deakin University)(Eternal Life Music Charity FoundationLimited) 43Hypebeast(PricewaterhouseCoopers)(Simon Fraser University) Huan Khoa Nguyen47HBXNguyenHypebeast 44Hypebeast(University ofMelbourne) 1617 C1C.2.1 A.2.1 C3 C.1.8 C.2.1 (www.hkexnews.hk)(hypebeast.com) (i)(ii)(iii)(iv) E.1.5 12 5338719951% C.1.4 18 151617 (www.hkexnews.com)(hypebeast.com) (a) (b)940 (c) (d) (e)21 (hypebeast.com) 940info@hypebeast.com / investors@hypebeast.com GEM 15 (i)(ii) 28 51107 1,400,000 1,158,819.766,384,000 3,575,6002,808,400 108 (1) (1) (2) 29 1617 12 12 (i) XVXV78352 (ii) (iii) 34 17 * C O R E C a p i t a l G r o u pLimitedCORE Capital (2) — 18 * 5%336 *CORE Capital CORE Capital XV352 336 (i)(ii)(iii)14A16,600,00017,800,000 —3.4%—11.1% —2.6%—11.1% 14A.4914A.71 5% (a)(b)(c) 14A.3114A.71 14A14A14A (ii)(iii)(iv)(i)50%(ii) 202050%201550%(i) 1,000,000 (1) (i)(ii) (2) 1,000,000 (i)(ii)(iii) (i)(ii)(iii) (i) (ii) (i)1(ii) 30 7,100,00018,500,00022,900,0008,824,00017,868,00016,646,000 (3) (i)(ii) (i)(ii) (10)(10)(2) (4) (i)(ii)(iii) (6) (5) (i) (i)(ii)(iii) (ii) (iii) (i)(ii)(iii) (i)(ii) 91,800,000 1. 50%(i)(ii) 2. (i)(ii) 4. 3. (i)(ii) 5. 6. 7. 8.(i)(ii)(iii) 10. 9. 14A (i)(ii)(iii) 14A.56300074014A.56 (i)(ii)(iii) 1825 HYPEBEAST LIMITED 51107Hypebeast Limited 138,450,000 2131 31928,000 31 P04578 • 2. 1. Hypebeast Limited223 Third Floor, Century Yard, CricketSquare, P.O. Box 902, Grand Cayman, KY1-1103, CaymanIslands940 CORE Capital Group Limited 18 1811187733 1820271118 1234 3. 3.1 3.2 3. 3.2 5 3636 3. 3.2 3. 3.2 3. 3.2 12 3. 3.2 16 3. 3.2 15 3. (ii) 3.2 99 9 (i) 121212 30 3. 3.2 99 12 (ii) (i) 90 • • 3. (v) 3.2 99(iii) : ••• (iv) 3. 4. 3 3.2 99 (v) 4. ( i )( i i )( i i i ) 138,450,000140,116,000928,0001,739,000 3121 745,00010,557,000835,0004,410,000 15 5. (i) (ii) a) 5. (ii) a) c) 3060 b) e) 5. (ii) c) 50%3060 f) d) 3060 8 5. (ii) g) (iii) 15 6. 6. 3 6. 6. 5 (i)10% (ii) 10% 7. 2,000,0008.25%2,000,00016.5%16.5% 2,000,0008.25%2,000,00016.5% 25% 12. 12. 13. 0.003597,370,0000.0106321,830,0000.001793,686,000 0.00183,686,000 14. 25%20%20% 15. 745,000835,00010,577,0004,410,000 17.5%20.2%1.5%1.5% 16. (i) 5,316,000 14.0%15.0%13.0%14.0%3,270,0002,487,000 202533120,624,000 (ii) 25,202,00044,357,00028,917,00037,582,000 (a) (b)(i)(ii) (c) a) b) 145,867,000 21. 22. 3060 13,028,000 31 17,685,00026,284,0009,058,0005,401,000901.5%1.5% 31 23. 10,000,00010,438,0003.92%3.92% 114,673,00019,403,0001.66%4.47%1.35%5.15% 30 0.001%3.98%0.001%5.80% 31 17,716,000 a)50%25,374,00016,151,000 3.50%6.50%2.77%4.38% 27. b)596,000420,000 c) 27. 37,052,00027,751,000 (a) 28. (i) (ii) 3,575,600740,000 (iii) (iv) (v) 29. 29. (a) (vi) (vii)1.00 (viii) (ix) 1. 2. 1% 29. (b) (v) (i) (vi) (vii)1.00 (ii) (viii) (1)(2)(3) (iii) 169,287,499169,287,4998.26%8.24% (iv)0.1%5,000,000 29. (b) (ix) 26 29. (b) (ix) 1. 31. 2. 3. 4. 5. 1,343,0002,998,000 30. 31. (i) (ii) 2%5%5%5%2%5%5%5%2%5%5%5% 31. 5%7%20%21%25%28% 12 12 31. 31. (a)15,642,00036,543,0000.15%0.20%0.15%0.20% (b) 31. 928,000235,00058,0001,916,000 31. 31. (i) 31. (i) 31. (i) 32. 33. 9,384,00011,275,000 34. 12 35. 2 37. 15,243,0009,188,00015,243,0007,323,000 21