0166.HK 2025 中 期 報 告 2345689102943 Stikeman Elliott LLP Nicholson y Cano AbogadosSaravia Frias AbogadosMarval, O’Farrell & Mairal Haynes and Boone, LLP 181402 Clarendon House2 Church StreetHamilton HM11Bermuda 00166.HK 2,000 8,741,776,9880.044384.64 Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM11Bermuda 1617 info@newtimes-corp.com http://www.newtimes-corp.com/ 1 Clarendon House, 2 Church Street, HamiltonHM11, Bermuda181402 •• Chow Tai Fook Capital Limited 2 34D2 3 3 21 4 5 • • 5 (a) (b)EBITDA 5 5 (iii) (i)(ii)(i)(ii) (iv) 10% 2510% 6710% 5 (v) 100%29 29(i)(ii)(iii) (Indice de Precios Mayoristas)(Indice de Precios al Consumidor) 3.210.5 8 8 MontneyGreater SierraWillesden GreenWapitiMontneyMontneyMontney111.8 9 10 16.5%16.5% 38%38%10%10%13%13%15%15%8%8%12%12%23%27%23%27% 35%35%35%35% 11 12 61.124.98,741,776,9888,741,776,988 13 23.429.833.942.122 14 15 30903090 18 (a) (b) (i)(ii)4.54.423 19 20 (a) 4.65.5 21 7.4 22 23 (a)Los BlancosLos Blancos50%Pampa Energía S.A.Pampa50%25Los Blancos1.5 PampaPampa Los BlancosNetherland, Sewell & Associates, Inc.NSAILos Blancos1.5PampaLos Blancos NSAI Los BlancosPampa50%Pampa0.64.4 Los Blancos120100%Pampa 23 (b)6828.HK45.964.4 24 24.1 24 24.2 (i) 7 ••• 24 24.2 (i) *50,000 (ii) 25 49%49%13.3 ESG 61.1EBITDA29.6 (i)EBITDANovaGas Transmission Ltd.NGTLHorn River BasinHorn River Basin (ii) (iii)9.3 502.8473.729.1 NTE Energy Canada LimitedNTEC800761,0003,080NTEC90% NTEC Well Fields 6,60094%17%Fort Nelson Gas PlantHorn River BasinHRBFort Nelson Gas PlantNGTLHRBGreater Sierra AreaGSA GSA80 NGTLLNG CanadaAECO1.931.8317.2017.82 23%112.9 LNG CanadaLNG Canada (2.91)(2.45)(5.78)(4.05)61033% AECO Fort Nelson Gas Plant Montney NTECWapitiWest Gold Creek7.75Montney Montney7602P432.47.7543.75 NTECMontneyNTECMontneyNTEC Horn River Basin Horn River Basin3.0851335%8.8Fort Nelson Gas Plant HRB3.0810 ESG ESGNTEC NTEC10.5 DISCOVERY PARK NTE Discovery Park Limited1,2004.9Discovery ParkDiscovery Park Discovery ParkBC Hydro ESG Discovery ParkESG B.C. Ministry of Environment & Climate Change StrategyDiscovery ParkAiPAiPEnvironmental Management Act OCPDiscovery ParkDiscovery ParkOCP Discovery Park BC HydroBC Hydro2026Discovery Park Discovery Park96.4Discovery Park Discovery ParkBC Hydro Discovery Park Discovery ParkBC Hydro DiscoveryPark BC Hydro Los Blancos Los BlancosLos Blancos9525Pampa Energia S.A.PampaNYSEPAM50%HLG.LB.X-2001X-2001 Netherland, Sewell& Associates, Inc.NSAINSAILos BlancosNSAIX-2001 PampaPampa50%Los Blancos PampaPampaNSAIX-2001 X-20011,40090%120100%Los BlancosNSAI1.5Los Blancos1.5NSAIPampa PampaLos BlancosNSAI1.5Pampa Los BlancosNSAINSAINSAI Los BlancosPampa50%Pampa0.64.4 Los Blancos120100%Pampa Tartagal Oriental & Morillo Tartagal Oriental & MorilloTO&M69.25% 10045TO&M TO&M 15%11,18815.1% Los BlancosTO&M 40 8.637%18%6,967.760% (a)(b)(c)49%49%13,295,00051%49% DiscoveryParkBC HydroDiscovery Park WapitiMontneyLNG Canada 7,085.84,517.7118.1163.7 6,967.74,354.0 38.933.0 20.533.839% 8.619.6 3.55.6 61.124.90.700.28 206.1202.0473.7486.7 736.4574.7161.7 1. 504.6554.7473.7486.7502.8517.7 1,018.61,062.40.120.1232.1%25.6% 0%0% 23 22 12213446.651.7 23 29.15% 10%30% 1% (i)0.1%(ii)5,000,000 10 (i)(ii)(iii) 211 745,888,098745,888,0988.53%80,000,0000.92% 352XV XV Yueford CorporationManor Investment Holdings Ltd.Yueford Corporation506,541,354Manor InvestmentHoldings Ltd.768,114 XVXV78352 XV23336 (i)(ii)100%(iii)99.70%(iv)CTFC81.03%(v)CYTFHCTFC48.98%CTFC(vi)CYTFH-IICTFC46.65%CTFC(vii)8,741,776,988 336 C1 13.92 C3 25% 13.51B(1) (http://www.hkexnews.hk)(http://www.newtimes-corp.com/)