凯莱英2025中期报告

Asymchem Laboratories (Tianjin) Co., Ltd.凱 萊 英 醫 藥 集 團（ 天 津 ）股 份 有 限 公 司 ( 於中華人民共和國註冊成立的股份有限公司 ) www.asymchem.com股份代號 : 6821 中 期 報 告2025 w w w . a s y m c h e m . c o m 245286263646567687086 H 183171712-1716 1. Hao Hong 2. Ye Song 3. 20258 620258 6 * 202586202586202586 Hao Hong20258 620258 6 6 20258 620258 620258 620258 6 16 24840 20258 620258 6 1218 H6821A002821 920 97927 39116 1526 www.asymchem.com 19B12 2025CDMOCDMOCDMO1,088 3,188.3120.08%202543.26%2.03CDMO2,429.0812.80%756.0251.32%617.4723.71%3.63 1,508.2517.63% 20251,680.0622.38%2025 2,474.9725.89% 1,789.392.75%2024210.44% 1.CDMO CDMO70%CDMO 202563032920252,429.0847.56%CDMO1.4047.07% 202563044 III202563028552GLP-12025PPQ11 SandwichAPISandwichSite4MNCQAHTS) iiiiiiiv 2. 756.0251.32%29.53%9.3040%2025PPQ 9 CDMO CDMO379.35130%883890%40%20252025(PPQ)5 10NDA8 CDMO117.767.88%171312025FDAPMDA NMPA535%30%2025(PPQ)3 IILNP CRO139.2244.91%13INDFDA IND111510278II95 20 CDMO CDMO89.9270.88%533IND41IND5BLA(PPQ)60%35%2025(APC)ADC BLA 12MNCToolbox5 41192025(PPQ)1 +AI20+ IND 202025FAT +2025 3. 2025630 30,000L202544,000L5OEB5 βGMP2025 CDMOADC 2025500L GMPII CDMOCDMO 4. 2025285.758.96%TFA20256538423115183204511610 5. CDMO ESGESG 20254232024ESG 20253,188.3120.08%202543.26%2.03681.53202457.50%CDMO2,429.0812.80%2025756.02202451.32%20252,474.97202425.89%2025713.3420243.52% 1. CDMOCDMO3092,429.0812.80% CDMOCDMOCDMO756.0251.32%CDMO3.79130%CDMO117.767.88%139.2244.91%CDMO89.9270.88% 20253.35%2,474.97202425.89%1,789.39137.87187.31%547.71210.44% 2. 20251,809.15202415.95% 3. 20.05%15.96%2.0020252.03 2025CDMO47.56%1.4029.53%9.30 (1)202520.58%1.45(2)202549.80%0.78 4. 2024258.892025184.42 5. 202590.9511.20% 6. 2025397.05376.645.42% 7. 2025285.7513.06% 8. 202529.8320247.30 9. 20256.302.53147.67% 10. 202586.952024116.10% 11. 2024492.4224.52%2025613.152025617.472024499.1323.71%202519.37%202418.80%0.57 12. 20241.4020251.6820241.4020251.68 13. 2025630202412311,004.9017.36%701.72 202563020241231 15. 202412311,697.572025630825.56 2.6920245.46 CRO 16. 2025630146.1820241231146.18 17. 20256302024123121.552024123161.67 18. 19. 485.84202416653.67 20. 2025630656.9020241231414.68 21. 2025630 22. 23. 202563013.88%2024123112.58%) 24. (1);(2);(3) 25. 26. 701.72171.842024 1,070.80700.77252.80% 139.411,418.49 27. 202563017,096.192024123116,862.57 202563020256305% CDMO CDMO20255424439 20256309,1063111,8524,94878%4,25147%37% 202563020222025AH 2025 1. CDMO20CDMO CDMOmAbADCmRNACROCDMO CDMO •CDMOAPICDMO CDMO6ADC2 • •CDMOCDMOCDMOCDMO2025630CBTICDMO •cGMPEHSQAESHEAESG •202530,000LCDMO2025630 •Hao Hong2010 •67.9 2.2025 2025AICDMOGLP-1ADC2025 CDMO CDMO1CDMO23 12ADC34 123 AI 3. CDMO 20254320252025A2025H20258620252025A2025H2025318202543202571820258620253182025722 13.2013.2113.22 8.08(1)(b)(a)7.0%(b)HHH(a)7.0%(b)HH 20258620258620257182025862025722 13.51B(1) 2025630(a) 202220221216(b) 2025A202543(c) H2025432020A20207920255261,680A (A)2020A A10% 1.2020A 2020A 2020A 2020AA 2020A2020A2020A 5% 2020AA 2020A1,425,200246,400A2020A1%2020A10% 2020A 2020A2020A2020A601,680A2020A20255 26 2020A2020A602020A 2020A 2020A2020AA117.07149.88 2020AAA (1)A50%117.07149.88 (2)20A50%110.21145.26 2020AA 2020A 2020A2020A 2.A 20256302020AA2020AA (1)5% (2)2020A122436 (3)2024315A80.462020A420AA202481420251120256302020A2024814 (4)20248161,680A202482757,540A1,680A2025112020A20255261,680A202481620248232025526 A A (B) 20222022202212162022 20222022608462022 20224,454,800A20221%2022A2022152.9202220222022155,918,000.001.002022155,918,000 20235222022A35.002022202211172022121620221128202254A2022262022 2025630202254143,411,2002,067,200A2022 (1)2022 (a)202212202240%;(b)202224202230%(c)202236202230% 2022 (a)(b)32020548.8945%55%65%33(c)2022A (2)202220255232,214,900202230%2025328 (3)2025382022420,000202537 3020224,393,200 (5)1720221,810,200420,000 (C)2025A 172025A2025A 1.2025 A 2025A 2025A 2025A2025A 2025A2025A2025A2025A2025A 2025A2025A 2025A5%2025A (1)(2) 5%2025A (1) 2025AA (2) 2025A5,196,000( i )4,273,3002025A82.24%(ii)622,700(iii)300,0002025A5.77% 2025A2025A10%2025A2025A1% (3) 37.5237.52A A (i)2025A1A1175.0350%37.52(ii)2025A20A202074.3750%37.19 (1)2025A 2025A72 (2)2025A 2025A602025A12 (3)2025A 12243648 2025A3 (4)2025A 25%1224243636484860 (1)(2)(3)2024(4)A100%B80%C60%D0% 2025A2025A 2.A 20256302025A5614,273,300A20256302025AA (1)5% (2)AA A 2 2Black-ScholesB-S93,084,377.20 (i)73.77A73.77A(ii)37.52A(iii)12243648(iv)47.04%-50.42%(v)1.34%-1.54%(vi)0.00%*BlackScholes (4)AA (5)2025A12243648 A (D) H 17H 1.H H H(a)(b)(c) H(i)H(ii)H(iii) H (1) (2) H HH(i)H2,755,326HH10%10%(ii)10%H275,532HH1.0%(iii)HH2,085,000HH7.57%H 12HH1%17 12HH0.1%17 12H0.1%17 H HHH H1.00H (12)12H HH 2.H 2025630H1,465,000H2025630HH (1)HH (2)H 2 2Black-ScholesB-S48,786,917.77 (i)55.75H55.75H (ii)1H (iii)12243648 (iv)49.48%-58.47