艾德韦宣集团2025年中期报告

2025 249112227282931333553 IP 97927 Cricket SquareHutchins DrivePO Box 2681Grand Cayman KY1-1111Cayman Islands 3998 70-7211 140 Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DrivePO Box 2681Grand Cayman KY1-1111Cayman Islands 101045 183171712-1716 Conyers Dill & PearmanCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 596 1 9919 1882012-14ir_activation@dlkadvisory.com 2020116 www.activation-gp.com 中期業務案例 體驗營銷 體驗營銷 中期業務案例 體驗營銷 中期業務案例 數字營銷和推廣 202563020252024630202420241231 20252.320242.017,129,000 20259192025911 2025962025911202595430183171712-16 202591920259112025911 (i)(ii)(iii)IP550(i)(ii)(iii)202413.8% 2025 2025311.72024316.41.5% 202516.2%35.1202430.21.0202432.7%202533.7% 20252%-5% 2025 2025IP246.32024257.565.2202448.90.220249.9 20252024 IP 202413.8% 2020 2025BMW2025CARTIERCHOW TAI FOOKCOMME MOI2025LORO PIANALOUIS VUITTONMICHAEL KORS JORDIMIU MIUNIKESAINT LAURENTOPPOOPPO Find N5Watch X2VANCLEEF & ARPELS 2025246.32024257.54.3%79.0% A20 FacebookInstagram Fondazione AltagammaYZAlpha203075%85% 2025ALEXANDER WANGBOBBIB R O W NB Y R E D OC H R I S T I A N L O U B O U T I NE V I S UH A M I LT O NL A P R A I R I EL U L U L E M O NMYTHERESANIKENIKONOLAYRÉMY MARTINSCHIAPARELLISEPHORASILHOUETTESKIITUDORVALENTINOVENCHI 202565.2202448.933.3%202520.9% IP 2025IPIP 2025IP0.220249.920250.1%IP IPIPIPIP IPIPIPIP 2024213.02025206.6 2024103.41.6%2025105.1202432.7%202533.7% 20255.420245.3 202437.1202535.5 202429.4202519.620249.620250.3 20241.220251.0 20250.220240.2 202535.1202430.2202511.3%20249.5% 2025630288.720241231379.2 2020116345.0 20208202021419224.520208202021419 20252026 202563020241231 202563020241231 20256302242024630233202544.4202454.1 20241231264.92025630211.320241231294.72025630206.6 2025630 2025 20256305.1202412315.1 20256305% 20251231 C12025* C.2.1 71202571 C3 2025C32025 202513.51B(1) 2025630XV352 1.2025630744,742,0002.117,669,156NBS Holdings3.154,413,5224.41,854,717Step Mind Enterprises Limited5.32,196,651ACT PartnersACT Partners 2025630XV2310% 3.4.154,413,5225.6.41,854,717Step Mind Enterprises LimitedStep Mind Enterprises Limited7.267,140,29852,140,298Asia Equity Special Opportunities Portfolio Master Fund8.Pandanus Associates Inc.Pandanus Partners L.P.FIL Limited2 —38,128,000FIL LimitedFIL LimitedPandanus Partners L.P.Pandanus Partners L.P.PandanusAssociates Inc.FIL Limited38,128,000 20252025630 2023 2023516202320232023 202320256302023 20251120256302023515202374,474,200 202033020235162020 2025202020201,472,156 20252020 1.20250.32.3.0.834.5.202520202020202520206.2025 2020 2025515202520252020202520255152025 202563020202025 202511202563074,474,200 3.21 2025 35,13630,153 20252024 32,78822,696 29,68019,4013,1083,295 32,78822,696 6,9225,8903,3113,315 10,2339,205 341,240361,144 2025630 2024630 288,691288,625 2025630 1. CricketSquare, Hutchins Drive, PO Box 2681,Grand Cayman KY1-1111,Cayman Islands39982020116 2025630 •••IP— 2.1 20256303420241231 2.2 20241231 21 21 2025630 3. (a)(b)(c)IP 2025630 3. 2025630 3. 2025630 3. 2025630 3. 10% ABCDEF *10% 4. IP 2025630 4. 311,658316,361 306,568311,2135,0905,148 2025630 4. 5. ******* 2025630 6. 25%202425% 16.5%202416.5%2,000,00020242,000,0008.25%20248.25%16.5%202416.5% 17%202417% 7. 202563032,028,000202463026,858,000742,979,0502024630725,104,265 2025630 7. 8. 2025630534,0002024630998,000202563020246305,00020246305,000 2025630 9. 63,32998,8023,9384341,259794 10. 6090 2025630 11. 202563020241231 10,000,000,0000.0018,8008,800 744,742,0000.00120241231744,742,0000.001 659659 2025630 12. 202563020241231 5,1005,100 13. 63020252024 —2.320242.0 14. (a) 63020252024 1,1251,125 2025630 14. 15. 2025630 15. 2025630 15. 202563020241231 2025630 15. 2025630 2025630 15. 630123118,39318,393 20241231