万民好物年报2025
GEMGEMGEMGEMGEMGEMGEM 23410122545556162636465118 P. O. Box 1350Clifton House75 Fort StreetGrand Cayman KY1-1108Cayman Islands489Estera Trust (Cayman) LimitedPO Box 1350Clifton House75 Fort StreetGrand Cayman KY1-1108Cayman Islands1617255151501https://www.todayir.com/ir_show_case/82178217 222202 2025 336,202,000 GEM35,141,0001,061,0009004.2% 25(ii)5,7259111.5% 42025(i)(iii)(iv)381,66014,88518.5%9,1609,1008,28110.3%8,1904,8936.1%5,36028,05934.9%22,7107 546,800,00014,885,0001,820,0002.21%10.3% 32,700,000GEM5%9,762,000381,660,0002.66%18.5%353,300,00010,800,000GEM5%9,100,0008,281,000 35,141,00012333,844,000346,894,000(i)(v) 620251,061,00036,202,000121,880,000982,000(ii)(iii)(iv)(vi) 71,392,0005,349,000(i)(v) 1,188,000204,00013,287,000(ii)(iii)(iv) 23.6%9,353,000720,0005,899,0001.712,000,00036%GEM48,298,00027,218,000 820257,567,0001,786,000720,00017,433,00011,534,0001.512,000,000100%44% 97.8012,000,00022 12,000,000265,055,000 5,909,000 1 61304439University of New South Wales 102025GEM 11655220GEM17.50(2)GEM 17.50(2) GEM18.44(2)(a)(b)(c)(d)(e) GEMC1A.2.1 122025 13 GEM17.104 142025 15C.5.1GEM5.485.67(ii) 5/55/55/55/55/5(i)(iii) 108(a)C.1GEM 162025(3)C.1GEM(https://www.todayir.com/ir_show_case/8217) 17(a)(b)(c)(d)(e)(f) GEM5.285.33D.3.3D.3.7 (a)(b)(c) E.1.2 1820253/33/33/3GEM 19(d)(e)(f)(g)(h) 3/33/33/315B.3.1 (a)(b)(c)(d)(e)(f)(g) 2020253/33/33/3 21GEMCOSO2013 5.1515 390 1.2.3.GEM5560 222025 232(i)(ii)(iii)(iv)(v)(vi) 6421 GEM 489222202 242025(https://www.todayir.com/ir_show_case/8217)GEM 25(i)(iii)GEM1.2.3.4. (ii)(iv)GEMC2 262025 27••••••••••••••••• ••••••••••••••••••••• B.B1.B2.B4.B5.B6.B8. 282025••••••••••• 29311311354400 311358 0.87(NOx)(SOx)(RSP)13541 30202531.413.1933.690.160.090.973.1827.675.83.84.1––31.479.90.872.18 31 49970 352.21,203.7–23.122.2375.31,225.810.433.5 32202575 33 22 342025266022261518782226––66237879667924772226 35485608509592822 570282 115583487 36202557480602527 37 130232130232 486528 382025544 39210 201615000400,000 1A1A1A1.1A1.21A1.3A1.4A1.5A1.6 41A2A2A2.1A2.2A2.3A2.4A2.5A3A3A3.1A4A4A4.1 B1B1B1.1B1.2B2B2B2.1B2.2B2.3B3B3B3.1B3.2 43B4B4B4.1B4.2B5B5B5.1B5.2B5.3B5.4B6B6B6.1B6.2B6.3B6.4B6.5 B7B7B7.1B7.2B7.3B8B8B8.1B8.2 4520(i)100%)(ii)(iii) GEM 100% 100%89.2%) (iv)(v) 462025311311R311Z400358354ISO 14001:200461 47231%0.1%30,186,000 18272235,000,00030,186,00010% GEM1230,186,000 (i)(i)10(ii)4 4820251(ii)(iii)19,842,4800.161.4145891,540––(891,540)–1.41453,566,160––(3,566,160)–0.315510,698,480(i)–––10,698,4800.16359,144,000(ii)–––9,144,0001.41452,674,620––(2,674,620)–26,974,800––(7,132,320)19,842,4801,069,8482,286,000 49100% 100%100% 89.2%57%69%99%96% 5% 50202557%72%99%100%15(a)GEM5.09 51(iii) (i)(ii)15GEM A.XV352^XV(ii) (i)(iii)GEM780,000780,000780,000(i)352(iii) 522025XV78(ii)5.465.67^780,0000.26%780,0000.26%780,0000.26%301,860,000XV78GEM5.465.67 53B.25% 1224 336XV2331GEM20GEM Fu Tang Biotech Holdings Co., Ltd WMHW Holdings Limited 542025Ju 5561117•• 36.2034 ••••••• 562025 5726.0749.30%34 20( a )21 •••••••• 13.56 582025 59•••••• P08219 602025 61 6348,29848,29848,298 651.2.16117189797281021111234 GEM7322411791072 2.181888333.GEM 1181834 18 66202511718GEM 673.36•••••• 2162 3.•••9 682025 693.(a)(b)(c) 3.30,000 7020255% 713. 3. 7220255%10% 733. 3.(a)(b)15 742025 753.••••• 3.(i)(ii)9 7620259121212 773.12(i)••••• 9 3.(i)(ii)(iii)(a)(b)(c) 930 782025 793.(iii)(d)(e)(iv)(v) 9 3.(v) 9 802025 813. 3. 822025 833.(a)(i)(ii)(iii)(b)(i)(ii)(iii)(iv)(v)(vi)(a)(vii)(a)(i)(viii) 4.33206 842025 855.6.a. 12,00012,000(2,113)(4,005)9,8877,99527,21833,11736.3%24.1%28,05922,71036,36440,89764,42363,60749,88745,023 6.b.(i)948,000 862025775%5%1,171,000 876.b.(ii)1%120,00037.7%100% 1%120,00044.5%100% 6.b.1,285,000772,0003,500,0003,500,000 2,589,000203,000 8820252,467,00012127,700,000127,700,000364,000 896.b. 2 6.b.A1(1)47,225,00022,960,000 12113,16228,04514,29118,669128,627122,113941,207,00021,615,000 902025 916.b.(1)1303160619091180181365113031606190911801813651 %0.3254–6.21,7491086.22,0351266.21,4348916.71,30821837.26,3822,37413,1622,916%3.32,310763.3307103.3779253.3618203.31,192398.71,59813918.15,23294512,0361,254 6.b.(1) %19.1%10.212,3491,50813,8571,662(12,603)2,91612,226 9220254,09716,446(4,097)(2,589)–13,857(377)1,28512,603–15,142 936.b.(1)(2) 6.b. 9420251225–35,623––35,62335,623–2,264––2,2642,2646.0%12,720––12,72012,00050,607––50,60749,8871225–30,759––30,75930,759–2,264––2,2642,2646.0%12,720––12,72012,00045,743––45,74345,023 957.(i)(ii) 28,05922,710 ––28,059––22,710 8.2 9620250.520.5 978.9. –31,329–67,847 9.A10.12(1)(2)11. 10%36,20210%520194648301,3925,349 202531,3311,1751,188(13,287) 98 9912.–––13.(a)(b) 13.(c)14.16.5%16.5%16.5% 1002025728.25%216.5%(5,899)(17,433)(973)(2,876)(226)(196)–120597(254)8093,210(207)(4)––103,884,00098,838,000 10115.(a) 15.(a)(b)1,000,0001,000,0011,500,000 3,7223,767 10220252,825
