您的浏览器禁用了JavaScript(一种计算机语言,用以实现您与网页的交互),请解除该禁用,或者联系我们。 [港股财报]:找钢集团-W:截至2025年12月31日止年度的年度业绩公告 - 发现报告

找钢集团-W:截至2025年12月31日止年度的年度业绩公告

2026-03-30 港股财报 玉苑金山
报告封面

ABA1B10 ZG Group找鋼網集團 找鋼產業互聯集團ZGW66762572 20251231 找鋼網集團20251231 2,120,3021,551,04336.7379,074426,189-11.1(587,700)(67,014)777.0(591,687)(68,667)761.7 EBITDA EBITDA 2025EBITDA222.1175.2202453.77.186.8202459.02.620240.920247.3 2025EBITDA138.091.0202413.5EBITDA74.3 Aquila Acquisition CorporationAquila找鋼網集團找鋼產業互聯集團2025310Aquila找鋼產業互聯集團Aquila535.8PIPEAquilaAquila100Aquila找鋼產業互聯集團 AquilaPIPE2025 2025AI AIAI AgentAI AI AIAIAI AgentAIGMV464.1%17AIAI217.5%202.8%334.622.715.8%6%AI AgentAgent to AgentAI 71.5%93.9%48.0%21.3%MRO2026MROAI 2136.7%379.111.1%Q413.635.9%591.7De-SPAC AI (1)+AI AIAIAIAIAI AI++AIAI AIAgentAPP7.2812AI AgentAIIMAI AgentAI (2)AI AIPLCAI AgentB2BAI20251231AI15.8%6%AI Agent AI20252,625720SKU5,04353,876102% 297.81,680.2464.1% 7.522.7202.8% AI60%20251231SaleMatchAI1695%AI14,00049AIAI820,000AI5.5&AI14610,000AI7*2423058,000 (3)AI AI2025AIAI AgentAIAIAIAI AIAIAIAI60,000/AI28,800╱2026318AIAgentAgent to AgentB2BAIAgentAIAI MRO (1) 2025220,00098.8%1071.5%80.993.9% 20251,634.4%63.1%1,562.4%15,459.7%13,184.6%15,932.1%9,654.8% (2)MRO AI AgentAI+PT Voksel Electric Tbk2026400,000 (3) 1GW10013GDSPrinceton Digital GroupPDGDAMAC DIGITAL JKT 02Galaxy Peak Data Center Co.,Ltd.GALAXY PEAKZDATA Technologies Co., Ltd.Z DATA GP3Bridge Data Centres (Malaysia) Sdn. Bhd.MY07MY02 MY03 (1) 2025122025•202512311622 2025480202419.2%29.5815%202512311,88424.12025Q4100190440,00020251252%2025121AI95% (2)Q4 20251231199,000SKU684,000202545.611.3%AIQ413.635%20245.65.9KA80KA 202568160% AI 2025AI4.9%15.9%1.9%20245.0%18.9%3.1%39%2025Q4112,0002024Q498,00015%AI GMVGMV(1)GMV 7,979.66,936.6 222.5111.9 (1)GMV (2)20255.9 (3)2025202431.54.8%202533.0 (0.65)(0.29)124.1(0.65)(0.29)124.1 20241,551.036.7%20252,120.3 15 2024313.216.1%2025262.8(i)(ii)20248 2024432.113.3%2025489.6 SaaS15 202428.32.4%202529.0SaaS 15 2024593.371.5%20251,017.4400,000 2024184.274.6%2025321.5 (i)(ii)(iii)(iv) 20241,124.954.8%20251,741.22024725.472.1%20251,248.32024377.521.7%2025459.5 2024426.211.1%2025379.1(i)(ii)20248202427.5%202517.9% 2024294.221.2%2025231.9202494.0%202588.2% 202454.044.6%202529.920248202412.5%20256.1% 202426.03.5%202526.9SaaS202491.9%202593.0% 202441.793.9%202580.920247.0%20257.9% 202410.37.3%20259.520245.6%20253.0% (i)(ii) 202450.445.9%202527.3 (i)(ii)(iii)(iv) 20247.825.6%20259.88.3 (i)(ii)(iii)(iv)(v)20248.02025145.0 2024293.419.9%2025351.92025336.32024 202477.1131.5%2025178.52025103.72024 202448.19.0%202543.8202539.52024 Aquila373.62025310 202440.039.9%202524.0 202457.992.8%2025111.6 20241.7141.2%20254.0 202468.7761.7%2025591.7 20213202512312024123132.032.0 202412318,703.83.3%202512318,415.82025123120248 202412319,181.8202512319,227.20.5% 2025123120241231721.0406.4129.3 20241231746.9202512311497.7 2025680.7(i)(a)155.8(b)967.2299.0(ii)591.7(a)111.5(b)94.7(c)373.6(d)145.0 20251,634.51,643.06.1 20251,064.0(i)PIPEPEF506.0(ii)352.6(iii)588.4404.3 20251231 20251231 20251231Aquila202525 2025123194.5%20241231164.7% 2 0 2 51 23 11 6 , 1 2 8 , 3 6 0193,897,286280,000 20251231(i)(ii) 202512311,321 537.4 2 0 2 51 23 11,067,582.85460,500A 8A.21BA8A.138A.15 2025123190,000BAPangmao1 Limited59,040BPangmao2 Limited30,960B A370,500(i)20251231460,500(ii) 90,000BA2025123190,000B90,00020251231460,500 20251231 2024 C1A.2.18A.30 A Jeremy Global Development LimitedKiwiGlobal Development LimitedRestriven Limited Wangdong Holdings LimitedPangmao1 LtdWangchanghui Holdings Limited Pangmao2 LtdRaohuigangHoldings Limited (a)(b)(c)(d)(e) (f) (g)(h)C18A 202512312025630C1* C.2.1 C.2.1 C1C.2.1(i)(ii)(iii) *202571202571 C3 20251231 3.21C1D.3.33.10(2)3.21 (i)(ii)(iii)(iv)(v)(vi) 2025 • 20251231•2026327•• 20251231 202662620266222026626202662620266181617 20251231 20251231202512312024 10 20252024 (592,523)(69,002)836335 (591,687)(68,667) (588,287)(68,327) (0.65)(0.29) 202512 31 1. 找鋼網集團20122272025310 2. 202511 21 97297210281112183213 122026113202711 18 1811(MPMs)1887733 1820271118 3. 4.(i) 5. (77,127) (44,983) (39,994) 6. 7. 8. 9. 750 10. 11. 20251231202512312024 12. 20252024 (592,523)(69,002) 23,168,28320252024 202512312023 202412312023 3090 09091180181365122 20252024 191,270114,349 15. 202512310.05%0.45%20240.1%3.75% 202512310.05%3.2%20240.1%3.2% 202520241,287,115438,800 17. i (i) (ii) 20252024 (iii) 2025123120241231 19 9 4 , 5 5 5 , 0 5 3A7 6 , 2 0 3 , 5 0 1B18,351,5521:1.106904,298,1881,000,400,000 ABBAB 20. 2Aquila Aquila (i)Aquila107,869,750(ii)10Aquila24,109,411 295,184,000 Aquila1 Aquila Aquila A69,184Aquila A3,459222,541 Aquila115,769759(9,231) ( https://ir.zhaogang.com)( www.hkexnews.hk )20251231 找鋼網集團 2026327