云白国际中期报告 2025

中期報告 2 3 7 8 37 Clarendon House2 Church StreetHamilton HM 11Bermuda 97932 18317M www.0030.com.hk 1. ClarendonHouse,2 Church Street,Hamilton HM11,Bermuda97932 2. 34 3. 4. 8 (i) (ii)OEM/ODM 4. 4. 362,301,718–362,301,71823,737,788–23,737,78820,196,245–20,196,245 OEM/ODM 4. 5. 16 6. 7. 7. (a) 2,000,0008.25%2,000,00016.5%16.5% (b) 25%25%3,000,00025%20% 8. 8. 9. 10. 63,94626,087 11. 309090 09091180181365 12. 12. 12.412.4 09045180 14. 0303160619090 15. –2,159,734–(2,159,734)–––2,159,734 15. 16. 500,000,00032 25.5%19.84%8.08(1)(a)25% 16. 18.79% 17. 0.01 0.01 17. 0.1161800,000,00092,000,00083,664,3051,215,695 18. (a) 14A 18.(b) (c) (i)(a)(b)(c)(ii)OEM/ODM CoupangLazadaShopee(i)(ii)(iii)(iv)(v)(vi)(vii)(viii) 396,400,000362,300,0009.4%16,800,00020,200,0006.6%5.4% OEM/ODM (i)(ii)(iii)(iv) OEM/ODM 2024-20268.5%6.0 4,900,00099.8% 12,700,00016,000,00020.6% 200,0001,600,00088.4%1,200,000 1,800,0002,600,0001,200,000 0.0340.020.0270.021,200,000 259,900,000355,100,000368,000,00025.1%460,500,000 296,100,000212,500,0002,200,0000%0.8% 7,599,914,1606,799,914,160 500,000,000498,000,0000.2571,937,984,4960.0119,379,8450.2580.260439,000,00059,000,000 0.2850.284351,762,0000.013 , 5 1 7 , 6 2 01 0 0 , 0 0 0 , 0 0 0100,000,0000.24472,000,00028,000,000 0.11610.1149800,000,0000.018,000,00093,000,00092,000,0000.14592,000,000 (i)(ii) 14 2 1 2 800,000,00092,000,000 3 4 35358,600,0007,000,000 571XV(a)XV78(b)352(c) XV23336 1.500,000,0003 0.2581,937,984,49625.50%25.50% 2.56,000,0000.87%0.28593.69%25.04%1,908,025,36029.59%1,964,025,36030.46%26.1 3,101,911,0005,065,936,360 XV23336 C1 C.1.5 C.1.5 F.1.3 F.1.3 C3 13.51B(1) (1)(i)(ii)(iii)(iv) (2)01869 (3)01486