爱康医疗2025 中期报告

2025中期報告 245720212224252638 202562520256 2520256 25 Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DrivePO Box 2681Grand CaymanKY1-1111Cayman Islands 1022995 33191928 108 1016-18 Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 1789.HK 1617 www.ak-medical.net 2025630 2025630694.220246305.6%20252025630202463015.3% 2025iCOSiCOS 20256.945.6%1.6115.3% 2025 2025202533% 2025651140 3DICOS2025iCOSK3 20252003223DiCOS20162018JRI2020 2025 2025827 2025 2025 2025 2025K3iCOSiCOSiCOS3D++ 2025630694.220245.6%160.6202415.3% 3D 2025 2025630604.28.8% 3D3D 2025iCOS20242020254087% 202549T14T216 202563050.726.5% 2025733D3D 2025514K3 2025iCOS 202563018.420243.9% 202520256414010 20254155 2025128.220244.0% 202573 2025326 202563037 K32025514K3 2025CT/MRI/XCTiCOS+ 20122025 202520254ACONE4HAUK4 315,00030% 2025514K3 202563K33DK3VTS30THA/TKA 20232025614 20256301,700 20245202561401020253D 20255739,50030%1.51,575 iCOS3DiCOS3D3DCAD/CAM/CAE(GMP) +iCOS+JRI 2025 2025 JRI50JRI+ ++ 2025630694.220245.6%20252025630202415.3% (1)3D(2)3D(3)3D(4)VTS(5) 2025630694.22024657.15.6% 3D 2025630409.72024359.414.0%2025630194.52024195.80.7% 2025 3D202563050.7202469.126.5%20253D VTS202563018.4202417.73.9%20253D 2025630128.24.0%20252025630566.06.0% 2025630283.92024258.69.8% 2025630410.32024398.53.0% 202563059.1%202460.6%1.5% 202563018.320242.915.42025630 2025630117.32024113.03.8% 202563077.4202472.37.1% 202563066.7202463.64.9% 202563019.5202410.09.5 202563026.1202423.312.0% 2025630375.1754.783.3223.41,436.5202412311,027.7 20256301,845.5202412311,581.6263.9 20256305.320240.9 202563076.6(i)(ii)(iii) 202563083.95.2222.92024123122.9203.8312.020241231226.7 2025630136.12024123160.45.72024123117.71.5%-3.0%20256305.2%202412313.0% 202563020241231 2025630 2025630 2025630 20256301,003202412319542025630131.82024630123.2 213720256303434 2410 202563034 108 2025827 2025630 1 342025827 202420252 34 2024 241020 2 21 3 (a) 10% 3 (b) 4 5 6 16.5% 2025630 202563025%202463025%15%20261025202611520261025 202563019%202463019% 7 (a) 160,611,0002024630139,253,0001,116,429,57020246301,115,609,335 (b) 160,611,0002024630139,253,0001,119,215,73920246301,117,878,539 8 (a) 202563020246304,116,000 (b) 202563062,864,0002024630104,451,000 20256305,692,0002024123138,448,00020241231202563083,930,00020241231 9 20256305,200,0002024123122,907,000 11 12 13 202563033,201,0002024123148,374,00027,927,000199,921,0002024123127,302,000196,260,000 14 (a) (b) (c) 2025630 (i)20171117 2017111736,000,0001.00201851202711161.34 20256302024630400,0002024630 14 (c) (ii)201711 17 2022319,930,0008,582,3621.00202333120323304.66 202348,800,0001,699,0361.002024411203341110.18 14 (c) (ii)201711 17 202563024,3412024630247,62320246302,056,280 (d) 20201282020128 10% 20223838,7843,106,0000.61%2.36%2023202420252026331 202471,706,9596,893,0004.33%4.80%20252026715 2025630174,761202463060,7152024630151,923 15 13 • 16 202412312025630 17 20252024630202563020241231 18 2025630XV(a)XV78(b)352(c)C3 (2)20256301,122,695,778 (3)LZYTrust505,157,500LZYTrust (4)10,125,000 (5)BambooTrust58,818,500Bamboo Trust (6)(i)504,354(ii)138,943(iii)2,132,060 2025630XV(a)XV78(b)352(c) 2025630XV23336 (1)L(2)20256301,122,695,778(3)LZYTrustLZY TrustRainbowHoldings LimitedRainbowHoldings Limited100%Rainbow Holdings Limited505,157,500(4)10,125,000(5)BambooTrustBambooGroup Management LimitedBamboo Group Management Limited100%BambooGroup Management Limited(6)PlatinumInvestment Management Limited55,902,91716,012,05039,890,867Platinum International Fund20,863,487Platinum Global Fund688,688Platinum Asia Fund14,791,087Platinum Global Fund3,547,605 2025630XV23336 17 20256302025630 2025630182025630 (a) 20171117 20256302,025,0000.18% 201711171.34(i)(ii)(i) 1.0030 2017122023 (aa) (i)30%(ii)25%(iii) (bb)51 (I)25% (II)25%(III)25%(IV)25% (cc)(bb) (dd) (ee) (ff)(dd)(i)(ii)2019 201712714 (b) 2017111720171220 17172023111717 1. (i)(ii) 2. (ii) (iii) (iv) (aa) 3.92,802,3598.27% 121%1% (i)17.03(D) (ii) (bb) 2027121923 20223314.6611220228,582,3620.76%0.76%20222022202233120323304.66 2022 (i)1,716,472202220%202333120221,716,472 (ii)1,716,472202220%202433120221,716,472(iii)2,574,709202230%202533120222,574,709(iv)2,574,709202230%20263312022 2022660,30417.04(1)660,30420222022331 20234118620231,699,0360.15%0.15%202320232023411203341010.18 2023 (i)339,807202320%20244112023339,807(ii)339,807202320%20254112023339,807(iii)509,711202330%20264112023(iv)509,711202330%20274112023 2023139,62017.04(1)139,62020232023411 (1)17.07(2)(3)2022331202341114(4)202511202563092,554,73692,802,3598.24%8.27%(5)10,531,7830.94% 2020128 1. (i)(ii) 2. (a)(b)(c)(d) (a) (b) (10) 10(21) 20256306,199,841 2022331112838,784838,784838,784 2024715811,706,9591,706,9591,706,959 20223312024715 2025112025630109,310,20