老铺黄金2025中期报告

248925293031333436 163-6 18819 H 183171712-1716 127 81120 717710 138 97927 6181 www.lphj.com GEM 30 1.00H SKPBHGSKPSKPSKPSKP 1.00 12,354.2420243,520.198,834.05251.0%4,705.2120241,454.983,250.23223.4% 1 ••••202545912025•20256181,0001,942.59 •20256 3048202412 3113 •77.3% 2 2009 20256 302,1002731,505246 2025 20256 3016411SKP61129 202532 •11IFC1 •11 20256 21 20256 28IFC91202510 12,354.2420243,520.198,834.05251.0% 13.1%86.9% 202420256 301200.8% 1.2.(i)(ii)*0.1% 2025455.2% 120251420251633.2120254769.5121.53%20254834.60760-78020252138.1%20246 3017.1%19.0%20246 301,454.98223.4%20256 304,705.2120246 30601.83290.6%20256 302,350.85(i)(ii) 20246 30532.15175.2%20256301,464.4797%(i)(ii) 20246 30124.6369.4%2025630211.12(i)(ii)(iii) 20246 306.56273.9%20256 3024.51 20246 302.3834.7%20256303.21 696.132024192.587 202412 314,087.8520256 308,684.722,598.042024112.5%2024195150 202412 31801.222025630844.4612202425 202412 31732.6520256 302,515.84 2,215.3620252,598.042,369.411154.0525-90 100%202563043.10%202412 3138.1% 202412 311,373.4620256 303,183.032024131.8%17 20256 3020256 305%20256 30 20256 30 20256 30 20256 30 57.28 20256 301,6291,53990 20256 30 20252 26(i)(ii)(iii)(iv) H9,477,486H5.5%H6.8% 20252 2627597,000202542421120,000 8,760,486H717,0000.4% (1)H19(2) 20252 1120252 2620254 24 20258 27 H20246 28957.1 20256 30 20256 3062.3 20255 7Citigroup Global Markets Limited4,310,000HH630.00H20255 7H685.0020255 154,310,000HH4,310,00020255 820255 15 2,698.04H625.99 20256 30100.00 20256 309.5920246 30202511 1820261 15202511 27 20256 3050% 202511 18H202511 13202511 18HH202511 12H1831712-1716 202511 24202511 27H202511 21H183171712-1716 C.2.1 F.1.120258 20 20254 2002 20256 3013.51B(1) 20256 30XVXV78352 (1)(2)20256 30172,676,70033,202,940139,473,760H(3)20256 3056,101,3009,284,90070%30%111,639,80064.65%(4)20256 3031,934,40014,319,200202311 8 20256 30XVXV78352 20256 30XV23336 (5)(www.hkexnews.hk)336 20256 30XV23336 18 20256 3020256 30 20256 30241020256 30 202412 3120256 30202412 3120256 30(i)(ii)14A(iii)202412 31 27/F, One Taikoo Place979 King’s RoadQuarry Bay, Hong Kong 305420256 30343434 2410 34 20258 20 20256 30 20256 30 1. 163-620246 28 2.1 20256 3034202412 31 2.2 202412 31 21 3. a) b) 202520246 3010% 4. (i) (ii) 3060 5. 6. ********** 7. 25% 16.5%2,000,0008.25%16.5% 3%12% 17% 8. 20255 2920246.351,09620246 30 20256 309.5920246 30 9. 10. 20256 3053,218,00020246 3063,951,000 20256 30295,00020246 30196,000286,00020246 30196,000 11. (a) (b) 12. 20256301,511,00020246 301,433,000 3060 15. 17. (i)3.50%78,000,000 (ii)3,277,390,000202412311,750,000,0003,183,029,00020256 30202412 311,373,461,000 18. a)25,724,2001.0040.501,041,830,100 b)4,310,000630.002,715,300,000 19. 20188 206513,420,0003.5020194 23682,540,0004.00202310 12561,900,0007.90 20188 204.50 20194 234.38 202310 1236.63 20252 2620259,477,486 202520252 2627597,00020254 2421120,000 20252 26537.00 20254 24728.00 202520246 3083,298,00014,016,000 20. 20256 30 10%50%25% 21. 22. (a) (b) (c) 23. 24. 202420256 30 25. 20258 27