迈富时中期报告2025

2025中 期 報 告 目錄 9 39 公司資料 20259 820259 8 20259 8 20259 820252 16 97927 20259 820259 8 183401 20259 820259 8 19703 20259 820259 8 PO Box 309, Ugland HouseGrand Cayman, KY1-1104Cayman Islands 公司資料 140118 Maples Fund Services (Cayman) LimitedPO Box 1093, Boundary HallCricket SquareGrand CaymanKY1-1102Cayman Islands 2556 33191918 https://www.marketingforce.com 1338 746 1255 183171712-1716 財務摘要 主席報告 2025AI AgentAI AgentAI AgentAI+SaaS AIAI Agent20256 309.325.5%AI+SaaS5.026.0%AI+SaaS80.4%4.225.0%37.484.777.7%+AI Agent AI Agentforce1.02.0AI AgentAIEvaAIAIAI+SaaS311356AI Agent5,518AIAI Agent1.1KAKAKA50.3%2025AI SaaSAI SaaSTop502025AITop30AI AgentAI2025 主席報告 AI AgentAI 2025 AI Agent AI AgentAI Agentforce+300AI Agent45.35,518AI Agent AI+SaaS++AgentTforceAI+SaaSAIAgent AI+SaaSAI Agent KA20823264.932.0%AI+SaaS12.9%AIT4995%98228.489.0% 主席報告 AI+SaaS84.5% AI+SaaS21,655KA814SMB21.7%AgentAIKA20.7%Agent AI AgentAI+SaaS25.6% 2025 AI Agent Agent-DataAgent-DecisionAgentAI AgentforceTforceAPIAISMBAI AgentTKAAI AgentforceAgentAI+SaaSAI Agent AIEvaNoraMaxT++ 主席報告 AI ++AIAgentAI+AI Agent 2025AI AgentAI AgentAI+SaaSAI Agent 管理層討論與分析 20246 30739.425.5%20256 30928.3AI+SaaSAI+SaaS20246 30400.026.0%20256 30504.22024630339.425.0%20256 30424.1 管理層討論與分析 AI+SaaS AI+SaaSSMBKA SMBB2BKAKAB2BB2C AI+SaaS20246 30400.026.0%20256 30504.2AI20256 3024.6% B2C 20246 30339.425.0%20256 30424.1202549.0%20256 3062.6% 20246 30346.637.8%20256 30477.5AI+SaaS AI+SaaS AI+SaaS20246 3046.9110.9%20256 3099.0(i)AI+SaaSKA(ii) 20246 30299.626.3%20256 30378.5 管理層討論與分析 20246 30392.914.7%20256 30450.820246 3053.1%20256 3048.6%20256 30AI+SaaS80.4%10.8%AI+SaaS AI+SaaS AI+SaaS20246 30353.120256 30405.2AI+SaaSAI+SaaS20246 3088.3%20256 3080.4%20256 3057.3%20256 30AI+SaaS82.4%AI+SaaS(i)(ii) KA 20246 3039.820256 3045.620246 3011.7%20256 3010.8% 管理層討論與分析 20246 30162.63.2%20256 30157.4AIAI Agent 20246 30139.132.0%20256 3094.6(i)AIAI Agent(ii)2024520246 30(iii)ESG 20246 30105.019.9%20256 3084.1AIAI Agent 20246 3020.328.0%20256 3026.0 20246 3018.942.8%20256 3027.02025 2024520256 302024780.5 20246 302.820256 3010.5ESG 202420256 3024.470.4 20256 309.0570.0 20256 3035.820246 30820.2 管理層討論與分析 20256 301,837.2 管理層討論與分析 100%20256 3060.7%202412 3178.4% 20256 30793.220246 3061.0 管理層討論與分析 202563010,800,0004.2%70,000,00014,700,0004.2%96,000,0004,500,0004.1%29,000,00040,000,0004.14%258,000,0004,280,457,0000.73%200,000,00028,200,0001.44%203,350,000 20256 30 20256 30 20256 30 20256 30 20256 30 20256 301,664 其他資料 2024516C1 C.2.1C.2.1 C.2.1C.2.1C.2.1(i)(ii)(iii) C3 其他資料 20256 3020246 30 20256 30 20252 1620252 16 20259 820259 820259 820259 8202598 4320259 82007201320182021DXC2022OpentextIT18IT 其他資料 3920259 820182201522017122012120152202420182018 2006720167201911EMBA 202413.51B(1) 20256 30 其他資料 20245 16181.120245 720256 30153.920256 30 其他資料 202412 2024121,000,000109.520242024202412 2720256 30107.620256 302024 其他資料 20252 2025220,105,8001,201.82025202520252 2820256 30392.620256 302025 其他資料 20256 30XVXV78352 1.(L) 2.20256 30256,269,900 3.Real Force LimitedPrecious Sight Limited20256 30114,088,000THE CORE TRUST COMPANY LIMITED20256 30Willam Zhao LimitedWillian Zhao I Limited2,837,000 20256 30116,925,000(i)114,088,000(ii)Willian Zhao I LimitedWillam Zhao Limited2,837,000 4.Shanghai Hongyu Limited20212 915Shanghai Hongyu Limited20256 3039.41%60.59%20256 30Shanghai Hongyu Limited30% 20244 25Shanghai Hongyu LimitedDRIVING FORCE DEVELOPMENTS LIMITEDShanghai Hongyu LimitedTHE CORE TRUST COMPANY LIMITEDHongyu20256 30Shanghai Hongyu LimitedHongyu19,251,800 其他資料 5.Fangqi Zhao Limited20212 820256 3020244 25Fangqi Zhao LimitedRosy Maple LimitedTHE CORE TRUST COMPANY LIMITEDFangqi20256 30Fangqi Zhao LimitedFangqi15,401,00020259 8 1.20256 3073.55%(i)39.85%(ii)33.70% 2.20256 3010.87%39.41%3.20256 308.70%20259 84.20256 3027,600,000 20256 30XVXV78352 其他資料 20256 30XV23336 1.(L) 20256 30XV23336 其他資料 1. 202111 10Isle Wealth Limited (a) (b) 20256 30 (c) 1,052,64052,6320.000120220.0001200.00000520228 82022Isle Wealth Limited4.48%Isle Wealth Limited 20243 11,052,6400.000005100.000000510,526,400 其他資料 (a)3%(b)12121%(c) (d) (i)(ii)(iii)(iv)(i)(ii)(v) (e) 其他資料 (f) (i)(ii)(a)60(b)30(iii) 14A.95 (i)(ii)(iii)(iv) 其他資料 (g) (10) (h) 12 (i) (ii) (i) 其他資料 (j) (i)(ii)(iii)(iv)(v)(vi)(vii) (k) 其他資料 2. 20256 301310,526,4004.11% 1.20243 11,052,6400.000005100.000000510,526,400 20256 305,263,200Isle Wealth Limited 18 未經審核簡明綜合全面收益表 未經審核簡明綜合權益變動表 未經審核簡明綜合權益變動表 *20256301,805,597,0002024630523,557,000 **10%50% 未經審核中期簡明綜合財務資料附註 1. 20212 2320245 16Maples Corporate Services LimitedPO Box 309, Ugland House, Grand Cayman KY1-1104, Cayman Islands AI+SaaS 未經審核中期簡明綜合財務資料附註 未經審核中期簡明綜合財務資料附註 未經審核中期簡明綜合財務資料附註 2.1 20256 303420241231 2.2 202412 31 21 21 3. AI+SaaSAI+SaaS 未經審核中期簡明綜合財務資料附註 3. 8 10% 未經審核中期簡明綜合財務資料附註 4. (b) AI+SaaS AI+SaaS 30 60 未經審核中期簡明綜合財務資料附註