飞鱼科技二零二五年中期报告
245243233343537394170 13201 Conyers Dill & Pearman (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 97927 270 Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 81101102A 78A 9517B 18128 2803 Conyers Trust Company (Cayman) Limited www.feiyuhk.com Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 1022 183171712-1716 HTML5 HTML5451.4343.6%HTML557.51.6 HTML52SteamSteam3 MetaCat in Town 5,5002285 536 HTML54700 HTML5 13 HTML5HTML5Cat in TownHTML5 427.783.3413.4% MAUMPU ARPPUPC (i) RPG236.3173.562.8(ii)747.3(iii) HTML571.5(iv) PC2.3(v)618,000(i)RPGMAU0.2MAU0.1MAU0.1(ii)MAU3.6(iii) HTML5MAU7.7 MPU4,0005,000RPGMPU60,00035.0%39,0003MPUMPU155,0004.5%148,0004HTML5MPU167,000 ARPPU179.316.2%208.3ARPPURPGARPPU104.991.5%200.9ARPPU41.39.1%45.0ARPPUHTML5ARPPU334.3HTML5 101.8343.6%451.4 427.783.3413.4%HTML5 0.292.7%14,0002 8.642.8%4.944.2 9.693.2%18.68.5HTML5 16.242.5%23.0HTML511.516.02.14.4 85.6400.5%428.394.9%84.1%10.8 8.68.7%7.91.40.6 36.2768.3%314.422.4232.2HTML511.880.2HTML5 19.711.2%21.98.49.9 27.219.5%32.426.131.3HTML5 2.216.9%1.8 7.913.2 0.3253.8%1.2 56.52.057.51.6 537.8482.611.4%56.5 102.571.044.4% 79.9100.751.4 13.012.4 86.589.56.026.354.2 86.53.5% 119.3125.82.25%4.5% 50%50% 1.12 2.3,542,00023.0CLP Power Hong Kong Financing LimitedCLP Financing3,500,0002.25%10 CLP FinancingCLP FinancingCHINLPCLP Financing80%00002 2.8%4,2858.0%5,227EnergyAustralia5,624Wooreen CHINLP 3.2,883,00018.62,800,0004.0%5 0011957148.09% 40%50% 5421%20171073%6548101%POLHON 4.3,783,00024.5NWD (MTN) LimitedNWD3,500,0004.5%10 NWD0001700659 16,78917,0661.6%5,7011,5431,951 (a)(b)882 NWDEVL 1. 2.838413 149.816.76%11.510.87.09% 3.0.6% 1. 2.Future CapitalFuture Capital1,452,197.91Future Capital1.8797% Future CapitalFuture Capital41,4532.1 Future Capital 3.0.2% 1. 2.LI02015Future Capital10,526LIADS10,526LIADS 2592561.1%646.6591.19.4%0.620.56 15.5%L 9 25.1%29.0% 1.80.3484.9% 86.5100.0234.9 450 XV(a)XV78(b)352(c)C3 1Trust.TMF (Cayman) Ltd.2 (a)10,716,000 (b)YAO Holdings Limited481,399,000YAO Holdings LimitedJolly Spring International LimitedTMF(Cayman) Ltd.TMF (Cayman) Ltd.XVJolly Spring International LimitedYAO Holdings Limited481,399,000 3Fishchen Holdings LimitedHonour Gate LimitedTMF (Cayman) Ltd.TMF (Cayman) Ltd.XVHonour Gate LimitedFishchen Holdings Limited161,538,000 4BILIN Holdings LimitedRayoon LimitedTMF (Cayman) Ltd.TMF (Cayman) Ltd.XVRayoon LimitedBILIN Holdings Limited77,470,000 5LINCHEN Holdings LimitedSheen Field LimitedTMF (Cayman) Ltd.TMF (Cayman) Ltd.XVSheen Field LimitedLINCHEN Holdings Limited37,390,500 61,749,442,062 XV(a)XV78(b)352(c) II5,800,000IIII17 II 1)10,160,0001.256(i)1.23(ii)51.256(iii)0.0000001 1.2.3. 174,944,20610% 174,944,20610% 1% 10 1.2.3. (i)(ii)(iii) 174,944,20610% 174,944,20610% 1% 174,944,20617,494,420 5. 1212 10 336XV235% 1TMF (Cayman) Ltd. 2YAO Holdings LimitedJolly Spring International LimitedTMF (Cayman) Ltd.TMF (Cayman) Ltd.XVJolly Spring International LimitedYAO Holdings Limited481,399,000 3 (a)10,716,000 (b)YAO Holdings Limited481,399,000YAO Holdings LimitedJolly Spring International LimitedTMF(Cayman) Ltd.TMF (Cayman) Ltd.XVJolly Spring International LimitedYAO Holdings Limited481,399,000 4Fishchen Holdings LimitedHonour Gate LimitedTMF (Cayman) Ltd.TMF (Cayman) Ltd.XVHonour Gate LimitedFishchen Holdings Limited161,538,000 5THL H Limited261,882,607 61,749,442,062 336 C.2.1 13.51B(1) 13.51B(1) (i)18.4966%30.7177%5.7857% (ii) 13.51B(1) 3369343434 2410 34 97927 1. 34 2. 21 21 3. 10%8 10%10% 4. 5. 6. 25%15%15%16.5%16.5% 7. 8. 1,749,442,0621,749,415,977 9. 1,819,000311,0001,501,0001,387,000 195,000 10. 11. 3,900,0001,115,0001,193,000 12. 13. 15,000115,000 15. 17. (1)3,542,00023.0CLP Power Hong Kong Financing Limited3,500,0002.25%10 2,883,00018.62,800,0004.0%5 3,783,00024.53,500,0004.5%10 17. (2)(3)(4) 18. 19. 10,000,0003.25%10,000,0002.15%30,000,0002.85%40,000,0002.60% 20. (a)86,500,000100,000,00086,500,000100,000,000 (b)1,500,0001,750,000 22. 23. 24. 105,570,0001200.55105,570,00025% 150,000,00030%1.25610,160,0007,160,00025%3,000,00050%25%25%1.15,000,00025%1.02615,000,00033%0.180422,000,00010,000,00010%40%50%12,000,00033%0.180490,000,00050,000,00020%30%50%18,000,00044%56%22,000,00032%32%36% 24. 24. 5,800,0005,800,00046,648,687 5,800,0000.33% 25. 26. 26. (b) (i)742874(i)50,686100(ii)9,3115,100(iii)357339(iv)–38 (i)(ii)(iii)(iv) 26. (c) 26. (c) 27. 27. 27. 28. 28. 28. 28. 29. 125,740,000214125,740,0007.19%6.71% 30. ARPPUMPU
