宇华教育年度报告2025

6169 2025 23581116465168798183858688193 公司簡介 20 20258 31 202510 17202510 17) 22 1542 1000322810 9953 Maples Corporate Services LimitedPO Box 309, Ugland HouseGrand Cayman, KY1-1104Cayman Islands 131 公司資料（續） 310421 29 www.yuhuachina.com Maples Fund Services (Cayman) LimitedPO Box 1093, Boundary HallCricket SquareGrand Cayman, KY1-1102Cayman Islands 6169 183171712–1716 1.20258 31(i)(ii)LEI Lie Ying LimitedThai Education Holdings Co., Ltd.TEDCO 2.20258 31(i)(ii)(1)(iii)(iv)(v) Thai Education Holdings Co., Ltd. 財務資料（續） 1.7—2.734 1.20258 31(i)(ii)LEI Lie Ying Limited 2.20258 31(i)(ii)(1)(iii)(iv)(v) TEDCO 3. 20 20258 31 20258 319 202520248 1.TEDCO20255 31 2024/2025107,387 管理層討論及分析（續） 20258 31 20258 312,496.81,185.71,145.620258 31147.5%202440.5%202583145.9%202438.8% 20258 31913.92024446.795.6%202583120248 31236.6%19.7% 20258 3120248 31929.9398.720258 3120248 3137.2%16.8% 20258 312,496.820242,368.2128.75.4% 20258 311,351.220241,448.597.36.7%31,311.120241,408.297.16.9% 20258 3120258 3120248 311,145.6919.720258 3120248 3145.9%38.8% 1,185.72024960.0225.723.5%202583147.5%202440.5% 20258 3119.7202421.51.88.5% 20258 3120258 3120248 31241.4256.94231.72024247.115.4 20258 3117.5202414.62.9 管理層討論及分析（續） 20258 3113.82024254.2 20258 31913.52024398.6514.9129.2%202583120248 3136.6%16.8% 20248 3122.919.4%202518.5 20248 3157.4202533.7 20258 312025531TEDCO202520248 3126.829.3 20258 31929.92024398.7531.1133.2%202583137.2%202416.8% 20258 31913.92024467.2446.795.6%2025831202483136.6%19.7% (i)(ii) 20258 3120248 312,090.517.2%20258 311,730.4 20258 311,879.21,732.646.699.92,516.31,389.2283.0840.63.520258310.752024 8 310.53 20258 317.2%202483118.4 % 20258 3120258315% 20258 31 20258 31 20258 31 20258 3120258 31 董事會報告 20258 31 20258 31 202510 17202510 17) 4650 20164 25221961320172 28 K-12 20258 31 20258 315 622520252025( http://www.yuhuachina.com )( www.hkexnews.hk ) 董事會報告（續） 20258 31 20258 315%22.7% 20258 31 810 31 20258 3113 20258 316,700 20258 3120258 3121 20258 310.0620240.062024 20258 31 20258 31 20258 312024 20258 31 20258 3120258 315,478.2 20258 3125 董事會報告（續） (3)(3) (3)(3)(3)202510 17(3)(3) 20202 16(3)20244 30(3)(3) 20258 31 20258 31 20258 31 20258 31XVXV78352 1.20258 314,266,908,452 2.TMF (Cayman) Ltd.Baikal Lake InvestmentTMF (Cayman) Ltd.Nan HaiTrustNan Hai Trust20169 6Nan Hai TrustNan Hai Trust1,917,500,000 3.2,934,900 4.202510 17 董事會報告（續） 20258 31XVXV78352 20258 31XV23336 1.20258 314,266,908,452 2.TMF (Cayman) Ltd.Baikal Lake InvestmentTMF (Cayman) Ltd.Nan Hai TrustNan Hai Trust201696 3.TMF (Cayman) Ltd.Nan Hai Trust 董事會報告（續） 20258 31336 202520248 317,6157,984 2025831 — D. 20258 31595.620248 31664.4 20231 117 (1) 20169 1 (i) (ii) 董事會報告（續） 180,000,000 105,043,6902.45%23 1.00 0.00001 20172 7 20258 3120172 2823 (1)202510 17(2)20 (2) 20172 8 董事會報告（續） 270,000,0009% 202491250,177,9005.83%20258 31250,177,900250,177,9005.83% (i)(ii)60(iii)30 3020 董事會報告（續） 18 C19 20258 318.10 20258 31 14A 202420249 6202411 1 200320193 2(a)(b) 董事會報告（續） 50% 1.201310 1 2.201310 1 3.201310 1 (a)(b)(c)(d) 4.201310 21 5.20151 12 201310 1 董事會報告（續） 1. 2. 3. 4. 20169 7201891201971202061920235 30 (i)(ii)(iii) 4048 • 董事會報告（續） 20258 31 2016 20169 72016 (a)(i)(ii)(iii)20169 72016 (b)(i)(ii)(iii)20169 72016 (c)(i)(ii)(iii)20169 72016(i)2016(ii)20162016 (d)20169 72016 2018 20189 12018 (a)(i)(ii)(iii)(iv)(v)20189 12018 (b)(i)(ii)(iii)20189 12018 董事會報告（續） (c)(i)(ii)(iii)20189 12018 (d)20189 12018 (e)20189 12018 2019 20197 120197 172019 (a)(i)(ii)(iii)20197 1(f)2019 (b)(i)(ii)(iii)20197 12019 (c)(i)(ii)(iii)20197 12019 (d)20197 12019(e)20197 172019(f)20197 1720192019 2020 20206 192020 (a)(i)(ii)(iii)20206 192020 (b)(i)(ii)(iii)20206 192020 (c)(i)(ii)(iii)20206 192020 董事會報告（續） (d)20206 192020 2023 20235 302023 (a)(i)(ii)(iii)(iv)20235302023 (b)(i)(ii)(iii)20235 302023 (c)(i)(ii)(iii)20235 302023 (d)20235 302023 (e)20235 302023 20258 3120258 3120258 31 20219 120221 5 137143 20258 312,496,819,00020241,390,038,00020258319,355,389,00020245,175,552,000 20258 31 5%14A (i)14A(ii)(iii)14A 186188 20182019202020232018201920202023 (i)20258 31(ii)20258 31(iii)20258 31(iv) 20258 31 (a)(b)(c)(d) 20258 312914A 董事會報告（續） 20258 3120258 31 20258 25181,999,98820288250.500.50181,999,988 20251 17202521020258 1120257 18 20258 31 20258 313211——— 20258 314820186 29 202511 28 董事及高級管理層 62201642520169 7 20002 19 20044 9 20093 13 20117 21 20200420104 1983720076 38201697 20117 21 20164 19 142009372009720107 20157201252012720131201411 20107 45202510 17200542020042025 5320172 163.10(2) 董事及高級管理層（續） 20082004820086 2015520147201312201966030196012260023856093 199671999920048 3.10(2) 5820172 16 20088 20083Ever-Glory International Group, Inc.EVK2010320163002350 1988719917199812 32202443020189201520182024 4220161120169 7 20132 1620156 16131720071120105Citco Financial Group2