NATIONAL ELEC H二零二五年度年报

2 3 6 8 10 15 30 31 37 38 41 42 44 134 136 Conyers Corporate Services (Bermuda) LimitedClarendon House, 2 Church StreetHamilton, PembrokeHM11Bermuda Pius Ho 101218 Appleby Global Corporate Services (Bermuda) LimitedCanon’s Court, 22 Victoria StreetPO Box HM 1179, Hamilton HM EXBermuda 1617 National Electronics Holdings Limited2025331 202533193,898,000202433141,133,258202533110.310.320243314.54.5 20253310.520243311.2 1 1 88 Queen Street East 88 Queen 20251 88 Queen Street East 2025627 SINTESIPininfarina Sintesi SINTESI 202533175%74,000,000 47,000,0002024182,000,000 160,000,000202441,000,000 7833 4520057 1981 M.Sc.781976 7119762024823 6520049 66200540132027701272005111820228300035 662022219811981Sun International Limited1988200720122016199119911992199219941996199820022004199220122008 Pius Ho572024326Pius Ho19901997Pius Ho30 2025331 202533137 2025930.54,575,000 2025331 136 33 2025331355,483,4382024334,101,13890,854,039202490,854,039264,629,3992024243,247,099 33 2024823 Pius Ho2024823 99(A) 3.13 2025331352 (a)516,514,894 (b)20,000,000 (c)33,000,000 (d)6,097,857Sun International Limited (e)2025331915,542,962 2025331 3362025331 202533178.70%45.95%43.63%18.81% 2025331C1 42 202533125% 20253312024 2025627 2025331C1 • • • • • • • • • • • • C3 4/41/14/41/14/41/14/41/1 20248234/41/14/40/1 4/41/14/41/1Pius Ho4/41/120248231/40/1 (a)(b)(c)(d)(e) 4/44/4Pius Ho4/4 2024331202493020243312024331 20248232/22/22/22/220248231/2 (a)(b)(c) 2/22/2Pius Ho20248232/22/22/220248231/2 99(A) B.2.299(A) 99(A) 3.13 1. 2. 3. C.1.4 ABABABAB 2024823 ABAB Pius Ho AB 3.2915201012 (a)(b)(c)(d)(e) 2016 2004 2025331 3136 •••••••• •••••••••• 1,440,000 2019 ••••• http://www.irasia.com/listco/hk/national/index.htm (a)(b)(c) 198174 101218 21 198179805% 101218 1617 13.91C2(http://www.irasia.com/listco/hk/national/)(http://www.hkexnews.hk) 1131 NATIONAL ELECTRONICS HOLDINGS LIMITED 37133National Electronics Holdings Limited2025331 2025331 15 ••• 20253313,284,050,034207,125,031 25 20253314,631,511,895 •••a.b. 90 • • • • • • P064172025627 20253 31 20253 31 20253 31 20253 31 20253 31 20253 31 20253 31 20253 31 1. 2. 202441 52020 161 177 20253 31 2. 10281973113212184 1220251132026114202711 20253 31 3. 216236 • •• 20253 31 3. ••• (i)(ii)9 3. •1219•2•5 20253 31 3. 9 3. 5 3636 9 20253 31 3. ••• 3. 16 12 •••• 20253 31 3. 9 • • • • • 3. ••• •• 20253 31 3. 15 9 3. 20253 31 3. (a) (b) 3. ••• ••1970 19.93(a) 20253 31 3. 3. 20253 31 3. 12 20253 31 3. 20253 31 3. 15 3. •• •• 3 ••• 20253 31 3. 9 9 3. ••••• 30 (i)(ii)(iii) 20253 31 3. (i)(ii) 90 •••• 3. •••• 20253 31 3. (i)3(ii)(iii) ••• •••9 3. •9 • 20253 31 3. (a)(b) (a) (i)(ii)(iii) (i)(ii)(iii)(iv)(v)(vi)(a)(vii) (a)(i)(viii) 20253 31 4. 3 4,631,511,89520242,088,401,093 6(c)15 20253 31 5. (i)(ii) (i)32 (ii) 6. a. 20253 31 6. b. (i) 27%202429%1%20241% 4 5 , 4 9 3 , 3 8 92 0 2 44 3 , 7 6 2 , 4 4 41,630,725,50220241,214,526,027 6. b. (i) 5%5%5%5%5% (i) (ii) (ii) 32 20253 31 6. b. (ii) 50 5016,312,000202415,223,000 (iii) 5%3,683,00020244,665,000 6. b. 36 20253 31 6. b. 6. b. 9202533116,960,344202418,590,337 20253 31 6. b. 12 6. b. 12 20253 31 6. b. 6. c. (i) 20253 31 6. c. (i) 20252024331 (ii) 6. (iii) 7. 20253 31 7. 20252024331 15 1. 2. 3. 7. 20253 31 7. 3 7. • • 20253 31 7. 20253 31 7. 10% 20252024 A1 94,506,989103,462,636 1 20253 31 9. 10. 20253 31 11. (i)2024823(ii)2024823(iii)Pius Ho2024326 20244,712,70020244,668,900 11. (b) 20242024 20242,000,0012,500,00020242,000,0012,500,000 20252024331 2024 12. 20253 31 12. 20183212017720183282,000,0008.25%2,000,00016.5%16.5% 16.5% 26.5% 25% 20243312017/182024316,364,000202533116,364,000 20253 31 13. 20252024 20253310.520241.2 14. 20253 31 15. 202341 2024331202441 2025331 20253312024 20252024331 20252024331Savills(UK) Limited 2024331CBRE K.K. 20252024331CBRELimited 20253312,069,000,0002,069,000,000 15. 3,038,768,13420244,800,980,687 20253 31 16. 202533115,135,191202415,664,008 17. 20253 31 17. 37202436 2025331228,816,6642024233,568,147 6(b) 18. 20234120243312024412025331 20234120243312024412025331 Roebuck Investments LimitedAAlly Vantage LimitedB 20252024331 18. AB ABA10.88%202410.51%B10.89%202410.50%2.40%20242.5%ABAB Dobree9,954,58820249,954,58820253319,954,58820249,954,588 Eden Bay4,448,58020244,453,056 20253 31 19. Eden Bay Eden BayEden Bay Eden Bay 19. 20253 31 2025331168,167,8252024169,567,825 20. 20253 31 20. Tania 20. Harvest Sun 20253 31 20252024 (260,424)219,687 23. 20253 31 4,631,511,89520242,088,401,093 26. 508,74720241,054,15230 2025331161,353,208202413,997,816 30 30319091180180 6(b) 20253 31 28. 0.0014.83020240.0015.170 278,000,0002024278,000