建生国际2024/2025年报

238182236424344464851119120 385135 Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10, Bermuda 6818 Appleby Global Corporate Services (Bermuda) LimitedCanons Court, 22 Victoria StreetPO Box HM 1179Hamilton HM EX, Bermuda 18317 http://www.pioneerglobalgroup.comhttp://www.irasia.com/listco/hk/pioneerBloomberg224:HKReuters0224.hk 70% 5025 90% 239,900,000249,500,0003.8%166,700,000174,500,0004.5%109,300,000102,000,000 30%149,300,00094,100,00034,000,00012,000,00064,300,000163,300,00049,600,000161,700,00056,200,000 94,200,00099,500,00017,000,00010,000,000 80,14092%92%51,000,00060,700,0005,000,000 115-11956,740100%100%21,000,00021,200,0004,500,0002,600,000 245,67876%76%44,000,00048,200,0007,000,0001,000,000 (7.7%)80%92%8,500,0008,900,000 5.1%1,734,800,00088,500,00071,600,000 68227,11860%81%86%PHYSICAL Fitness& Beauty 792,7800.9%74%76%27,600,0005,000,000 (4.0%)36,700,0002,600,000 30%497840,700,000564,600,000131,500,00023,500,00051%45%269,400,00094,100,000149,300,000137,100,000 Nobu Travel+LeisureCondéNast Traveler Pullman Bangkok Hotel G49.5%588,300,000132,700,000542,700,000118,400,000213,600,00048,200,000178,300,00038,900,00019.8%76%83%Pullman Pattaya Hotel G49.5%Pullman Bangkok HotelG437,300,00098,700,000420,800,00091,800,000147,800,00032,200,000157,200,00035,500,00080%79%32,300,00019,000,000 Pullman Bangkok Hotel G DeepSeek 223469 4.88%5.28%21.0%20.7%17.4%18.0% 406,200,000197,700,000361,800,000207,300,000129,500,00029,000,000124,400,00065,700,000 7,780,000,0007,813,500,0002,281,000,0002,281,000,000 389,600,000302,500,00050,000,00050,000,000 2,281,000,0002,281,000,00057,900,0001,617,500,0002,223,100,000663,500,000 1,879,800,0001,879,800,000 29303 42 (a) (b) 1,288,854,0001,259,265,000 27 120 14 29 19 27%29%10%10%30%30% 10.17%Gaw Capital Advisors Limited95%Gaw Capital Advisors Limited14A 5% 8283 (a)XV78(b)352(c)XV 1Forward Investments Inc.Intercontinental Enterprises Corp.Vitality Holdings Ltd.Forward Investments Inc.Intercontinental Enterprises Corp.Vitality Holdings Ltd.283,200,215215,768,26029,714,7312Top Elite Company LimitedTop Elite Company Limited12,725,857343,246,8644Eternity Rich Investments Ltd.Eternity Rich Investments Ltd.20,699,2165Time Legend International LimitedTime Legend International Limited1,749,0006United-Asia Enterprises Inc. 33.8%United-Asia Enterprises Inc.8,401,2767504,6588Argyle Street Management Holdings LimitedASMH (Cayman) LimitedArgyle Street ManagementHoldings LimitedASMH (Cayman) Limited756,000 (a)XV78(b)352(c)XV XV23336 Asset-Plus Investments Ltd.Forward Investments Inc.Intercontinental Enterprises Corp.Prosperous Island Limited 1Forward Investments Inc.283,200,2152Intercontinental Enterprises Corp.215,768,260 XV23336 12026 www.pioneerglobalgroup.comwww.irasia.com/listco/hk/pioneer (a) (b) (c) 1818 250,000369,000 25 2235 Treasure Spot Investments LimitedTreasureSpotGaw Capital Advisors LimitedGCALGaw Capital Asset Management (HK)LimitedGCAMTreasure Spot676,480GCAL681819132,755GCAM6810Treasure SpotGCALGCAMTreasure Spot507,360GCAL113,790GCAM Treasure SpotGCAMTreasure Spot127,908GCAM68151505Treasure SpotGCAMTreasure Spot114,444117,810121,176 GCALGCAM (i)(ii)(iii) 300074014A.56 2514A Downtown Properties HoldingsWhartonBusiness School Dusit Thani Public Company LimitedHome Inns Hotels andManagement IncSiam Food Products Public Company LimitedBrown UniversityGoldman, Sachs & Co. PERETime Auction GEM GEMGEMJapan Residential AssetsManager LimitedSaizen REIT Rutgers UniversitySt. Johns University Argyle Street Management LimitedTIH LimitedOUE LimitedPT Lippo Karawaci TbkLazard Asia LimitedLazardLazardPalmer Scholar C1 3.10(A)1821 3.10 3.13 1/11/11/11/1 10 2/21/22/21/2 7:21:2 1/11/11/11/1 3641 660,000660,000 C3 15 Victoria Place, 5th Floor, 31 Victoria Street, Hamilton HM 10, Bermuda 100(a)(b)1,000 Victoria Place, 5th Floor, 31 Victoria Street, Hamilton HM 10, Bermuda info@pioneerglobalgroup.com www.pioneerglobalgroup.comwww.irasia.com/listco/hk/pioneer 42118 2,329,454,00012Supreme Key LimitedSupremeKey1,725,570,000Supreme KeySupreme Key Supreme Key Supreme Key Supreme Key •Supreme Key 90 • • • • •• P07004 1. (a) 2930 (b) 1517716 1. 97310281113212184 1234 1818 1. (c) 216236 1. (c) • • • (d) 1(f) (e) 1. (e) 27 (f) 1. (f) 28 27 (g) 1. (h) 20% (i) 1. (i) • • •• 3 ••• 1. (i) (i) (ii) (iii) 1. (i) 9 121212 12 • • 1. (i)••• 30 90 1. (i) (a)(b)(c)(d)(e) 1. (i) 16 1. (i) (j) 16 1. (j) (k) 1(i) (l) 1(i) 1. (m) (n) (o) •••• 15 1. (o) • • • (i)15 (ii)15 (iii)15 1. (o) (iv)15 1(i) (p) 1. (q) (r) 1. (r) 1. (r) (s) (t) (i) (1)(2)(3) 1. (t) (ii)(1)(2)(3)(4)(5)(6)(t)(i)(7)(t)(i)(1)(8) 2. 1 2. 7,857,288,0007,891,300,000AP Appraisal Limited 11 236,308,000295,760,00013 3. (i) (ii) 3. 3. 10,871,08311,021,147 3. 22,941,00024,714,00010%10% 4. 2615 5. 119,522120,763–14867917120,38912