英恒科技2025中期报告

2025 231823252627293031 公司資料 97927 Cricket Square, Hutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands 2222E7703 705 183171712-1716 1760 www.intron-tech.com 管理層討論及分析 202520251,565.311.4%693.740.3%44.3%20244.3%20253.9%20256305% 2025AIEmbodied IntelligenceIntelligent ManufacturingRDK S100GRC1.0 OEM /OEMs AD 2025 20255%29.727%15%48.5%10.6%15.2%6.2%7.8%AI135%8.6%20253.1% 401.013.5%2.47.4%219.9 5% 49.797.720251.6% 202511210ADASTier 1 2025MCUBMSPTC20256301,437.848.5% 202526%314.410.6%15%6.2%35 27%15.2%Active Suspension System2024BrakingSteering 230.57.8%L3OEM Horizon Robotics®6®6BEV+Transformer4D®6 ®6E/MMADC4.0®6E/MInfineonAURIX TC397Navigate on Autopilot,NOANOAMADC4.0L2+ 2025135%255.4AI 2025219.97.4%202563095070.9%394329362203568267 2025ESG(GHG)12AIESGQuantDataABBBBBMioTechBBESG 20252eSOL Co., Ltd.eSOLeSOL(RTOS) 20252025 2025(CNAS)EMCOEM Steering-by-WireAirSuspension 20253,00016,000EOLAVI2026Contract Manufacturers2027 2023Multimodal 2025RDK S100GRC1.0 (1)(2) (3)SLAM (4) GRC1.0 2025 ADAS2025LongsysROHML2L2+L3 2025 100 ••(ADAS)•(MCU)•(BMS)•PTC••(EEA) ESG 20256305%2,966.3 202563011%401.0202563013.5%202463015.9% 202563055%19.2 48.02024 (a)(b) 256.320243%(a)193.226.7219.97.4%20242%(b)63.14% 30.75% 53.820245% 16.5202413.423%2024 202463095.050%202563048.0 2025630678.520241231916.2 20256 301,375.6202412 311,716.436.2 20256 3047%202412 3150% 20256 301,636.3202412312,038.4 20256 30129.620241231165.5 20256 3023.9202412317.2 1231 20256 3020241231 20256 301,34020246 301,373252.48.5% 20256 30201862270,621,550201912120209 3020215 18202211 252023920 48520256 3020241231359,000 20187 122018629766.7655.4 2019712(i)(ii) 2019712 2025630 權益披露 20256 30XV23336 1.L2.Magnate EraTreasure MapHeroic MindZenith Benefit3.Magnate Era4.Zenith Benefit5.Treasure Map100.0%6.345Magnate EraZenith Benefit50.0%Treasure Map100.0%643,970,0007.Heroic Mind100.0%8.347Magnate EraZenith Benefit50.0%Heroic Mind100.0%643,970,000 2025630XV23XV336 20256 30XV352C3XV78 a) 1.L2.Magnate EraZenith Benefit50.0%Treasure Map100.0%643,970,0003.Magnate EraZenith Benefit50.0%Heroic Mind100.0%643,970,0004.643,970,0005.643,970,000 b) 2025630XVXV352 20186222018 2018202420245272018201873,944,5502025630201870,621,550 2018 202311171720242024320202442420242024527202420256 302024 2024108,783,840108,783,8402024 2018 1)20191212.662)(i)2020 1 125%(ii)2021 1 125%(iii)2022 1 125%(iv)20231 125%3)20209302.814)(i)2021 10 125%(ii)2022 10 125%(iii)2023 10 125%(iv)202410 125%5)20215184.256)(i)2022 6 125%(ii)2023 6 125%(iii)2024 6 125%(iv)20256 125%7)202211254.258)(i)2023 12 125%(ii)2024 12 125%(iii)2025 12 125%(iv)202612 125%9)20239203.2310)(i)2024 10 125%(ii)2025 10 125%(iii)2026 10 125%(iv)202710 125%11)12) 201870,621,5506.49% 其他資料 C1C.2.1 C.2.1 C3 20232 14III60,000,000II36I(a)51%(b)III 2023214 20258 22IIIIII90,000,000120,000,000IIII36IIIII(a)51%(b)IIIIII 2025822 66% 2024121202411273.09D 1. 201713 2. 202563034D2 20241231 3. 20241231 21 4. (a) (b) 財務報表附註 4. 10% 5. 6. 財務報表附註 截至2025年6月30日止六個月 7. 8. 201712 22 16.5%202416.5%2,000,00020242,000,0008.25%20248.25%16.5%202416.5% 25% 15%202415%5%25%20245%25% 8. 9. 2025630 20255 26202412316.320239.868,534,00062,839,0002024123120257 10. 1,087,838,40020246301,087,838,400 財務報表附註 截至2025年6月30日止六個月 10. 11. 202563027,958,000202463045,929,00057,00020246301,659,000 13. 財務報表附註 截至2025年6月30日止六個月 202563012,831,0002024123111,916,000 14. 財務報表附註 17. 17. 18. 財務報表附註 截至2025年6月30日止六個月 19. 20256 3068,679,000202412 3168,308,000 20. 21. 22. 19 23. 財務報表附註 截至2025年6月30日止六個月 24. (a) (b) 25. 20256 309 財務報表附註 25. 25. 12332024630