荧德控股2024/25年报
GEMGEMGEMGEMGEMGEM 23410152440636970727375132 Windward 3, Regatta Office Park,P.O. Box 1350,Grand Cayman KY1-1108,Cayman Islands 27132Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office Park,P.O. Box 1350,Grand Cayman KY1-1108Cayman Islands1617111251www.vistarholdings.com8535 1.10(i)(ii)0.5520256 30 20253 3120245.0820243 3178.35%20243 31313.39274.624.4420243 31 20253311.10(i)2025202510% 2024/2520243315.0850.884.44(ii)0.5520243 31202444290 20252025202420242024202433133.2410.61%10.49% 331313.3938.7712.37%274.6250.8825.43%331280.1534.3412.26%245.813314.4313.33%28.81 202426.722.2220243310.6620253311.10(i)0.5520253 3120253 31158.2920253 3138.7720253 31 2024/2533127.030.311.14%20242.1551,00020243315.084.44(ii)20243 3155.70202452.612024156.8644.04202452.55202450.1127.82%202433.50% 2018212GEM20253 3120253 3120253 3120253 3120253 3120253 31 121,200,000,0000.012024202420242024109202411615.68202415.88 20182018(ii)(iii)28GEMGEM30%10% 124212(i)110% 2024/25 1,200,000,000120,000,00010%GEM23.03D(1)(a)(b)(c)(d)(e)(f) 121% 6720177 17199182000198119851019813719871989– Mark Distributors, Inc.19901991Liquidation World Inc.19912011572016412017201641985Engineering (China) Co. Ltd.19977199810 2024/ 252017627557198119831988C.T.G.Inc.119903Core20116271227199612General3 65201910 315200521441982198061980198361984198466420176 2719859198719906(Far East) Limited1994Tait (HK) LimitedPepsico. Inc.Resources (HK) LimitedAgilent Technologies Hong Kong Limited20137Talent2 Shanghai Co., Limited2014120172016GEM8052The Chapman Consulting Group Limited 200441986127371988419941Rothmans2199681996919977199781998121999520054Hudson Global200542005102005116Motiva Consulting Limited3220219920158320191 64201812419841991271988341986Company Limited19952012The Hongkong Land Group Limited20131201512016645201812420012002720029201642201992Delft University of Technology2015AaaM LimitedAaaM Limited20112201412UNStudio Hong Kong Limited2023 2024/ 25111119881419419956TheHongkong Land Property720029UNStudio (Shanghai) Limited201512017320202021 5820171031199119896199812C332001720076220171237201520173201411 62720197200611 442018124200320031020092017520201172016520098201142004920093Deloitte Touche Tohmatsu3920164120072008420084220121820072012331201220164 16019884181986B371986 2024/ 25657826141201633171019883 202520253 312021132252820253 3112,279,000 2024331 33115 892621.5253.80%202416.0315.395% %202420.34%53.13%%202416.68%58.72%2024%202410.48%38.48%202444.53% 2024/ 2543.94% ISO 140012004 202520258 271824 2025202520182 1214 2024/ 25108(a)GEM5.09 20253 31GEMGEM2018 20241312018126 181820222 28Vistar Alliance Limited20233 8202320253 32025GEM20252025 20224 1 2024/ 2550%50%27132,937220233 3148,0004120253 3150,0002941202733150,00029GEM20243925%50,000202455,000 A.20253 31571352(1)(2)(3)Success Step Management Limited418,500,00090,000,000(4)(5)20181 25Success StepNoble Capital XVXVGEM3545454520253 311,200,000,000Success Step5Legend Advanced LimitedLegend AdvancedSuccess Step508,500,000Legend Advanced40%30%30%90,000,000Legend AdvancedSuccess Step Noble Capital Concept Limited Noble Capital—Legend Advanced90,000,000 785.465.6712508,500,00042.37%90,000,0007.50%90,000,0007.50%90,000,0007.50%Success StepLegend Advanced 202XV352B.20253 31Success StepNoble CapitalLegend AdvancedDeng Anna Man LiRoberts Christopher John 2024/ 2553 31XV78GEM5.465.67XV233365%1235418,500,00034.87%90,000,0007.50%508,500,00042.37%45391,500,00032.63%90,000,0007.50%481,500,00040.13%45481,500,00040.13%690,000,0007.50%7508,500,00042.37%890,000,0007.50% (1)(2)(3)Success Step(4)5Capital(5)20181 25Advanced(6)(7)Deng Anna Man Li(8)Roberts Christopher JohnXV3365%20256 30 20253 311,200,000,000Success Step418,500,0005Legend Advanced90,000,000Success Step508,500,000Noble CapitalNoble Capital391,500,000Legend Advanced90,000,000Noble481,500,000Legend AdvancedSuccess Step Noble Capital—Success StepNoble CapitalLegend90,000,000Legend Advanced40%30%30%Legend Advanced90,000,000Deng Anna Man LiRoberts Christopher John20253 31A.23 GEM18.44(2)GEM202537 331C.2.1C.2.1C.2.1 2024/ 25C1 (a)(b)(c)(d)(e) A.2.1 20253 31B.1.32025 2024/ 25(www.vistarholdings.com)3313:1 19918C.5.1202420248 14F.2.2 C.2.161920248142024111120252204/41/13/40/14/41/14/41/14/41/14/41/14/41/1 GEM5.48108(a)112C.1.4GEM 2024/ 255.672025 GEM2018www.vistarholdings.comGEM2025331 C.1.4✓✓✓✓✓✓✓1245.28D.3.3D.3.7 (a)(b)(c)(d)(e)202411GEM 2024/ 256192024112/22/22/2 E.1.2(a)(b)(c)GEM(d)(e)(f)(g)(h) 2025331 (i)(j)(k)(l)(m)(n)(o)GEM(p)(q)GEM232024 2024/ 25GEM1111 B.3.1(a)(b)(c)(d) 2025 1/11/11/1331 (a)(b)(c)(d)(e)(f)2024 2024/ 25GEM619 20181242017GEM17.102 GEM5.15 1/11/11/120252024870880606093094015627 •••••• 2024/ 25 GEMGEM 2025331 63202230%21 2024/ 2568517202251764GEM 271322018 www.vistarholdings.com29 20256 30202KPIsGEM 2024/255331KPIC22439 20253 31KPIs ••••••••••••••••••• 對持份者的影響低高1314151.2.3.4.5.6.7.8. 對業務的影響重要性矩陣高1234567891011129.10.11.12.13.14.15. info@vistarholdings.comKPIsKP
