高伟电子中期报告2025

目錄 241020212223252728 PO Box 309Ugland HouseGrand CaymanKY1-1104Cayman Islands 1 Maples Fund Services (Cayman) LimitedPO Box 1093Boundary HallCricket SquareGrand CaymanKY1-1102Cayman Islands 5161620 183171712–1716 108 www.cowelleholdings.com 1817 202520242025630 1,360.32024585.92024132.2% 67.4202416.6 2025202512.4%20242.9%20243.3%20251.6% AIAI AIAIAIARVRLiDAR AILiDAR LiDARLiDAR14.7%CAGR203137.95LiDARLiDAR MicroLEDMicroLEDMicroLED 20256301,436.7202412311,442.6360.820241231270.3600.420241231523.7 2025630404.020256 3091220241231832 2025630911.520241231831.9266.52025630 100%2025630-9.9%2024123112.8% 202563021.02024123110.5 44.42024630105.3 202563014.0202412319.4 2025630 2025630 2025630 20256306,728202412316,03561.8202463052.0 201524202155672,000274,000180,00020246305,059,000149,000150,000202563046,184,8805.4%2021420 2024321400,000202563013,220,000 2025630571XV(i)XV78(ii)352(iii)C3 (a) 2025630(a)XV78(b)352(c) 2025630XV23336 (1)48.06%56.342%43.659%34%33%33% (2)2025630862,959,800(L)(S) (3)551,229,760202563063.88% 20256302025630336 201524202155 202155 202463083,436,8809.66% (1)202152545,450,000 •20%202252520315 24•20%202352520315 24•20%202452520315 24•20%202552520315 24•20%202652520315 24 20215 25 (2)2021101517,200,000 •20%202210 15203110 14•20%202310 15203110 14•20%202410 15203110 14•20%202510 15203110 14•20%202610 15203110 14 20211015 (3) BCD 2025630672,00020246305,059,000672,00026.2240202463021.7426 2023123162,650,000202511202563020,786,880 45,439,8805.26% 20256305.36% 202432120241231 20246309.88% (1)2024321202492013,620,000 (a)20%(b)20%(c)20%(d)20%(e)20% 20249 20 BCD (2)400,000 (3) 202511202563071,692,480 2024123121 2025630202563013.68% 2024 2025630 C1 C3 13.51B(1) 2025821 213620256303434 2410 202563034 108 2025821 2025630 2025630 20256 30 2025630 2025630 2025630 1 342025821 202520242 34 2024 241020 20241231 2 21 3 202563010%2024 4 20256303,268,626,00020246301,143,055,000375,043,00020246 30148,447,000 5 6 (a) 202563016.5%202416.5%28.25%16.5%2024 2025202415%25% 2025202429%220019%2003,00021%3,00024% 5% (b) 2025112025 7 (a) 67,398,000202463016,039,000861,664,0002024630853,836,000 (b) 67,398,000202463016,039,000896,699,0002024630881,183,000 8 (a) 20256303,494,00020246301,574,0001,548,000202463047,0002024630 (b) 202563030,166,0002024630112,090,00020256304,656,0002024630157,0003,181,000202463021,000 (c) 111,382,00020241231111,382,000 9 11 12 (a) 2021552024321 20256302024630454,0002024630299,000672,00020246305,059,000 2025630400,000202563013,220,000 (b) 20256302,000,00038,177,0004,907,000 13 14 (a) 918,0002024630346,000 (b) (c) 202563091220241231832