兑吧2025中期报告

15323203 3207 P.O. Box 2681Grand Cayman, KY1-1111Cayman Islands 123 Cricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands http://www.duiba.cn/ 98702 1753 20195 7 131 Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands 183171712-1716 (1) (1) SaaS SaaS 20256 3048720245311282024170359202436120256 3050.4202475.520256 3089.62024117.0 20256 3027.6%230.32024318.2 SaaS 1.SaaS SaaSAppApps 20256 30SaaS48720245311282024170359202436120256 30SaaS1772024224202550.4202475.5285,000 SaaS 2. 2015App20256 30CPCCPCCPC 20256 3027.6%230.32024318.2 3. 20256 3013320246 3014526.7%202463033.4%202423.83.8%202522.9 2025 20256 30349.62024458.323.7%20246 30318.227.6%20256 30230.3 SaaS20256 3020246 30117.023.4%89.62025 202563057.3202461.56.8%16.4%202413.4%SaaS31.3%8.4%202416.0%6.5% 20256 3046.5202441.312.6%13.3%20249.0%20256 303032024235 20256 3049.9202452.55.0%202522.9202423.82.220241.514.3%202411.5% 202563026.7202419.12.520241.8 24.5202417.6 20256 3086.02024374.920256 30202412 31 20256 3037.9%20246 3034.5% 20256 30433.420246 30232.020256 30855.8 20256 30 20256 30234.419.0%20231220256 309.3%20206 1920206 2420256 3020256 30(i)(ii) 20256 30 Hengfei Holding Limited20256 3020256 30 20258 26(i)(ii)(iii) 20256 30519.4202412 31379.5 20258 26Hengfei Holding Limited 20256 30498202412 31493816222213320256 3068.8202466.8 2.4 20256 302025 2024 C.2.1 20256 30 20256 30 20256 30 20256 30 13.51(2)(a)(e)(g) 20256 30XVXV78352 (1)LXV (2)20256 301,076,823,200 (3)(i)XL Holding454,552,000XL HoldingAntopex LimitedBlissful Plus(ii)Kewei Holding LimitedKewei Holding Limited1,828,329(iii)Duiba Kewei (BVI) LimitedDuiba Kewei (BVI) Limited5,058,000 (4)8,700,000 (5)1,340,000 (6) 20256 30XVXV78352 18 20256 30XV23336 (1)LXV (2)20256 301,076,823,200 (3)Antopex LimitedBlissful PlusXLHoldingBlissful PlusXL HoldingAntopex LimitedBlissful PlusXL Holding454,552,000 (4)Xinran Group Holding LimitedXinran Group HoldingLimited73,055,700 20256 30XV23336 20194 17 10%111,111,12010.32%121% 301.00 (i)(ii)(iii) 20256 30111,111,12010.32%20251 12025630111,111,120 20194 17Duiba Kewei (BVI) Limited 1%2% 20256 30 20156 11HZ Duiba ESOP CO. IHZ Duiba ESOP CO. II 20156 11201510 264426,6908,450 20165 24HZ Duiba ESOP CO. I7.56%HZ Duiba ESOP CO. I 20165 2420176 14201712 2522527HZ Duiba ESOP CO. I6.91%31.97%28.14%0.52%2.42%2.13% 20181 5HZ Duiba ESOP CO. II1.89%HZ Duiba ESOP CO. II 20181 520183 2320185 2820221HZ Duiba ESOP CO. II4.89%4.72%1.69%0.37%0.40%0.13% HZ Duiba ESOP CO. IHZ Duiba ESOP CO. IIDuiba Group (Hong Kong) LimitedKewei Holding LimitedKewei Holding Limited 20256 3020256 30 201811 13648Duiba Kewei (BVI) Limited 20256 30 (2)0.23 20258 29 20256 30 20256 30 20256 30 20256 30 20256 30 20256 30 1. 2018226Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands201957 SaaS 2. 20256 3034 202412 31 3. 202412 31 21 21 4. 10% *10% 5. 5. 6. 7. 20256 30 8. 20246 30 9. 26,728,00020246 3019,078,0001,067,437,50020246 301,063,154,500 11. 12. 3090 266,000202412 31266,000 13. 14. 14. (a)202412 3190,066,000202412 3198,479,000 (b)24,584,000202412 3124,816,000 (c)44,304,000202412 31190,152,000 (d)72,043,000202412 3171,198,000 (e)403,088,000202412 31118,132,000 15. 16. Hengfei Holding Limited20256 3020256 30 20258 26(i)(ii)(iii) 17. 18. (a) 12 (b) 19. HZ Duiba ESOP CO. IHZ Duiba ESOP CO. II 20156 11201510 264426,6908,450 20165 24HZ Duiba ESOP CO. II7.56%I 20165 2420176 14201712 2522527HZ Duiba ESOPCO. I6.91%31.97%28.14%0.52%2.42%2.13% 20181 5HZ Duiba ESOP CO. IIII1.89%II 20181 520183 2320185 2820221HZ Duiba ESOP CO.II4.89%4.72%1.69%0.37%0.40%0.13% 20256 3020246 30 19. 3648Duiba Kewei (BVI) Limited 20256 30202412 31 (a)10%1230%2430%3630%48 20256 302024630 (b) 19. 19. 20256 302,206,00020246 301,465,000 20. 20256 30 20. 202412 31 21. 20256 30 20256 30202412 31 21. 2024630 22. 20258 26Hengfei Holding Limited