24814202425272829 20256 6 20253 28ZHENG Catherine Wei Hong20256 3020256 30 Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands 183171712-1716 Cricket SquareHutchins Drive, PO Box 2681Grand Cayman, KY1-1111Cayman Islands 20258 27 1303008–10 www.jygrandmark.com 1061X1301-C4884 2231 2025202520258 27 20253 2820253 28 2025 20256 30 2025 210.435%52,00048.6%425.281.5%190.6142.6 20256 30 2025 2025 20258 27 (i)(ii)(iii)(iv)425.220242,304.081.5% 210.420246 30323.635.0%52,00020246 3035,00048.6%202448.6% 82.9%20242,250.42025384.390.4%20254,918202413,831 425.220242,304.081.5%117.82024174.1190.620246 30182.4 202520246 30 17.3202433.648.5%202411 30.52024213.785.7%20249.3%7.2% 20249.1%6.4% 23.1202417.135.1% 2.5%80.8% 0.520242.982.8% 73.72024165.8 394.720242,090.381.1%2025 29.42024110.173.3%24.161.3% 202417.0167.7%202545.5 20240.420250.2 20.6202436.743.9% 25.0202412.920252.620244.6 202410.8202531.633.2 20256 30190.620246 30182.4142.620246 30262.9 0.0920240.16 (a)20256 30604.2736.11,037.81,774.0 2025630128.4202412 31154.941.02024123121.287.420241231133.8 (b)202517174,332,5819.520261 6202519159,284,612 20256 3081.2202412 31117.120256300.1202412310.1 20256 30302.5202412 31340.5 20256 303,296.5202412 313,252.53,296.5202412 312,672.5 (d)20256 301,892.1202412 311,885.9 119.62024134.210.9%7.65%20248.07% (a)(i)(ii) 20256 30*332.5%2024 12 31277.7% 20256 301,589.9202412 311,482.2 20256 30202412 31 (b)2025630345.520241231344.726.72024123125.3 20256 30 20256 3032.5202412 31276.1 20256 30 10 3.51 20256 30 20256 30103534120256 303.51 (i)(ii)(iii) 20256 30 2(i)(ii)(iii) C120256 30 C320256 30 20256 30571XVXV78352 20256 30XV23336 1.2.IQ EQ (BVI) LimitedThe Phoenix TrustChan S.M. MichaelFamily TrustThe Phoenix Trust3.4.20256 301,646,173,000 20256 30XV23336 20256 3050720246 3066236.6202448.9 201911 13 201911 25 20251 120256 30160,000,000 20251 120256 3020256 3020256 30 20256 30 13.51B(1) 20251 113.51B(1) 20258 27 13.21 202212 29517,470,00036 (a)50%(b)(i)(ii)(iii)478,659,75020256 30 20256 307747362025630 8.0825% 20256 3020246 30 3.21201911 13(i)(ii)(iii)(iv)20256 30www.jygrandmark.comwww.hkexnews.hk 20256 3020256 30 20256 30 20256 30 20256 30 246420258 27 20256 30 20256 30 20256 30 1. 201811 2221961Cricket square, Hutchins Drive, POBox 2618, Grand Cayman, KY1-1111, Cayman Islands 201912 5 2. 34202412 31 (a) 20256 3019120256 303,2961241 20256 30604457361,0381,774 56 20256 30 2. (a) 20256 30774736 20252025630 (i) (ii)2025120251 91591,14520261 617420256 30 20256 30 2. (a) (iii)(iv)20256 3087(v) 20256 3020256 30 (i) (ii) 2. (a) (iii)(1)(2)(3)(iv)(v)(vi) 20256 30 2. (b) 202412 31 (i) 21 (ii) 20256 30 20256 30 3. 202412 31 4. 4.1 20241231 5. (a) 20256 30 5. (b) 20256 30 5. (b) 20246 30 20256 30 5. (b) 20256 30 202412 31 20256 30 5. (b) 20256 30110%20246 30 (i) 20256 30 5. (b) (ii) (c) (i) 20256 3024,119,000202463096,380,000 20256 30 5. (c) (ii) (iii)202520246 30 202520246 3013 20256 30 6. 20256 30 8. 20256 30 9. (a) 25% 200712 620081 110%5% 20256 30 9. (b) 19941 119951 2730%60%20% (c) 22 (d) 20256 3020246 30 10. 20256 30 11. 20256 3020246 30 12. 20256 30 12. (i)20256 3088,499,000202412 3179,443,000 (b) 20256 30 (a)2025630158,872,00020241231129,800,00010,878,000202412 3111,090,00022 (b)20256 30158,872,000202412 31129,800,000 (c)20256 30202412 31 20256 30 13. (d) 20256 30 13. (d) 20256 30 14. (d)20256 301,084,507,000202412 311,025,241,00022 (e)20256301,206,473,000202412311,197,188,000 20256 30 15. 20256 301,021,916202412 311,199,241,00022 2025630725,911,00020241231814,777,000 20256 30 20256 30 16. (a) 920256 3036,251,000202412 3122,273,000 2024 20256 30 16. (b) (i)142,872,000 (c) (d) 20256 30 17. 18. 20256 30 18. (a) (b) 202563057,00020241231144,00022 19. 20256 30 20. 21. (a)50% 20256 30 20256 30 22. (a)20241 1120251 9159,284,6129.520242024152,100,00020241 11202420241 12 20251 720261 6174,332,5819.5159,284,61220251 92024 (b)20256 3057,000,000 (c)20256 30 (d)20256301,892,079,000202412311,885,880,000 20256 30 22. (e)20256 301,404,383,000202412 311,359,659,000 20256 301,892,079,000202412 311,885,880,000 (f) (g)20256 30202412 31 23. 20256 30 23. (a) 20256 30 (b) (c)(i)(ii) (d) 20256 30 24. (a)(i)(ii) (b)20256 30345,500,00020241231344,683,00026,704,000202412 3125,296,000 25. 20256 30 26. 72.9% (a) (b) 20256 30 20256 30 26. (i) (d) 202520246 30