H&H国际控股二零二五年中期报告

Health and Happiness (H&H) International Holdings Limited ⢹⺭ )) ㎜꤂䫞罇僘꡿⪞⺚(Incorporated in the Cayman Islands with limited liability)亥ꝧ傻紮㼗錝⫈䡗环╯僘꡿⪞⺚(Stock Code罇♸♏谝1112) 2461121363738404244 Laetitia Marie Edmee Jehanne Albertini*Mingshu Zhao Wiggins Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1–1111Cayman Islands 18404007-09 18404007-09 www.hh.global 1 Laetitia AlbertiniPascale Laborde *Laetitia Albertini 97927 Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia CourtCamana BayGrand Cayman, KY1–1100Cayman Islands 183171712-1716 *EBITDAEBITDAEBITDA57.65.510.046.9 **EBITDA67.641.4224.4 (H&H) 15.2% •265.6%5.8%14.3% •Swisse338.7%7.1%Swisse •10.0%15.9%4 •15.4%Zesty Paws13.4%17.5% •EBITDA15.7% •297 54.6%0.19 Swissemega-brandSwisse PlusLittle Swisse SwisseSwisse PlusNAD+EGT 18.1%81.5%80.3%6618Swisse78 9 Swisse10SwisseSwisse Magnesium GlycinateLittle SwisseLittle Swisse Kids GummiesHere Life Come16.2% 1112 10.0%0.2%13 1261812103% 14.3% ChewyPetSmartPetco Tractor Supply TargetCVSMenardsZesty Paws84.6%12.8%Solid Gold23.3%80.9%24.7%Zesty PawsSolid Gold20,0004,800 17.5%Solid Gold33.8% 3.5300 18.375.7% Swisse Zesty PawsSolid GoldSolid Gold 4.9%5.2%17,019.224.6%65.6% 4,936.08.7%70.3%67.9% 13.1%70.0%Swisse18.1%81.5%28.2%9.0%Swisse45 3.8%2,325.110.0%1,904.912.9%15.9%6 419.716.2% 17.5%204.9Solid Gold33.8% 6.3%SwisseLittle SwisseHere Life Come15.6%174.968.5%31.5% 4.6%12.3% ChewyPetSmartPetco Tractor Supply TargetCVSMenardsZesty Paws12.8% Solid Gold23.3%Solid Gold24.7% 18.8%Swisse Professional 4,389.17.8%60.9%62.5% 64.2%67.5% 62.1%57.3% 46.5%58.7% 61.824.413.96.35.5 24.4 12.4%2,883.938.3%41.1% 1,441.119.2%36.9%41.9% 30.0%34.6%6.9%7.3% 952.439.2%38.1% 12.7%14.2%26.5%23.9% 490.421.6%41.0%45.4% 12.4%13.2%28.6%32.2% 405.91.8%398.56.1%5.7% 181.795.974.1 7.8%1.6%1.4% 74.1 EBITDAEBITDA EBITDA1,100.73.4%EBITDA17.0%15.7%EBITDA(i)(ii)(iii) EBITDA1,098.45.9%1,033.1 EBITDAEBITDA EBITDA * * (4)(5)Solid Gold EBITDA *10 433.333.8%579.5(i)351.518.2%(ii)224.4(iii) 293.3328.910.8%77.07%6.63% 218.17.9%235.342.1%40.0%41.6%76.8% *10 EBITDA 998.01,103.3105.2EBITDA190.521.9(i)165.6(ii)52.1(iii)15.7(iv)0.9 31.441.09.2 706.513.5%2,600.4244.423.82,161.79.125%13.5% 9,174.1944.0(i)6,574.9850.5(ii)2,191.285.0(iii)408.08.5 49.3%47.3%3.993.89 8EBITDA9 30603090 28277063 146131134136168122137142 0.1930% Biostime Healthy Australia Pty LtdBHA BHABHABHA19 (i) BHA234.5(ii) BHA55.2(iii) BHA117.3BHA BHABHA104BHA BHABHABHABHABHA BHA C1 C3 3.213.22 Laetitia AlbertiniLaetitia Albertini (a) (b) (c) (d) (e) (f) 18290 20252025 181919031906 www.hh.globalIR@hh.global D2 2410 297,000,00013.5%9.125%13.5%9.125%13.5% (i)(ii) 64,556,135 64,556,13510% (a)(b) (i)(ii) 10% 19.27 80,000 32,00048,000 Laetitia AlbertiniMingshu Zhao Wiggins120,000 60,375,42961,488,467 57,808,8948.95% 1,666,9130.26% 4,068,4080.63% 571XV352 2 3Coliving Holdings LimitedBiostime Pharmaceuticals (China) LimitedColiving Limited57.25%Coliving Holdings LimitedColiving Limited Coliving LimitedFlying Company Limited100%Coliving LimitedFlying Company Limited UBS Trustees (BVI) LimitedUBS Nominees LimitedFlying Company LimitedSailing Group LimitedSailing Group LimitedColiving LimitedColiving LimitedColiving Holdings Limited 4645,561,354 352 XV23336 1Coliving Holdings LimitedColiving Limited57.25%Coliving Holdings LimitedColiving Limited Coliving LimitedFlying Company Limited100%Coliving LimitedFlying Company Limited UBS Trustees (BVI) LimitedUBS Nominees LimitedFlying Company LimitedSailing Group LimitedSailing Group LimitedColiving LimitedColiving LimitedColiving Holdings Limited 2645,561,354 XV23336 13.51B(1) Pascale LabordeLaborde 150,000,000749,735,000 150,000,000 Biostime Healthy Australia Investment Pty LtdHealth and Happiness (H&H)US International Incorporated(i)(ii)560,000,000 540,000,000 13.2013.2113.22 0.190.3030% 183171712-1716 (H&H) 3776(H&H)343434 2410 34 97927 截至二零二五年六月三十日止六個月 二零二五年六月三十日 截至二零二五年六月三十日止六個月 截至二零二五年六月三十日止六個月 二零二五年六月三十日 1. (H&H)Cricket Square,Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands Coliving Holdings Limited 2. 34 3 二零二五年六月三十日 3. 21 21 4. (a)(b)(c)(d)(e) 二零二五年六月三十日 4. 二零二五年六月三十日 4. 二零二五年六月三十日 4. 5. 二零二五年六月三十日 5. 二零二五年六月三十日 6. 7. ***# 二零二五年六月三十日 8. 25%25% GR20234400178315%[2016]323215%15%[2016]19519515% 16.5%16.5%2,000,0002,000,0008.25%8.25%16.5%16.5% 二零二五年六月三十日 8. 30%30% Biostime Healthy Australia Pty Ltd.Biostime Healthy Australia Biostime Healthy Australia Biostime Healthy Australia Biostime Healthy AustraliaBiostime Healthy AustraliaBiostime Healthy Australia 二零二五年六月三十日 8. 9. (H&H)0.190.30108,893,000173,581,000 二零二五年六月三十日 10. 71,017,000305,803,000641,662,090641,001,009 二零二五年六月三十日 11. 48,925,00022,029,00033,082,00034,117,000445,0002,016,0004,423,0001,799,000 12. (a) 76,593,00012,642,00019,989,00019,815,000472,