目錄 2571132375672787980828487 公 司 資 料 (2025112120251121202510272025112120251121202511212025112120251121 20251092025109 97927 公 司 資 料 9 183171712–1716 56155 2603 www.jihong.cn 3212101–2105 81353502–03 財 務 摘 要 財 務 摘 要 管 理 層 討 論 及 分 析 200312242016712A0028032025527H2603 20032017 20251231 ESG B2C 2025527HA+HA+HH 6,721.621.6%276.852.2%4,373.229.9%2,345.311.7% 202512314,321.923.4%2,698.322.5%261.232.4% 管 理 層 討 論 及 分 析 2025 B2C50TikTokB2C 管 理 層 討 論 及 分 析 2. GiikinGiikinGiikinAI ETL–2025AIAI+ (1) ChatGiiKin–6B 管 理 層 討 論 及 分 析 (2) AIChatGiiKin–6B (3) GiikinG–kingAPIMetaFacebookInstagramTikTokGoogleGiikinG–king (4)AI AIAI407x24 2011++++ 管 理 層 討 論 及 分 析 B2C AI 2017AIAIAIAI ROIAI 管 理 層 討 論 及 分 析 AI Giikin ESG 管 理 層 討 論 及 分 析 11 IT +A+HAI 1 2 2025+ 管 理 層 討 論 及 分 析 3AI AIChatGiikinAI 4 20256,721.6334.1 (i)(ii)(iii) 20256,721.65,529.321.6% (1) 管 理 層 討 論 及 分 析 20254,373.229.9% 20252,345.311.7% (i)(ii)(iii)(iv) 20251231202412313,109.93,579.0 (i)(ii)(iii) 20251231202412311,849.628.4%2,375.8 (i)(ii)(iii)(iv)20251231202412 31264.62.5%273.4 (i)(ii)2025123120241231124.49.4%136.1 (i)(ii)(iii)202512312024123112.314.8 管 理 層 討 論 及 分 析 (i)(ii)20251231202412312.45.8 202512312024123133.741.0 2025334.1184.581.1% 202512313,142.6202412312,419.32025123146.8%2024123143.8%3% 2025123168.42024123161.112.0% 202512314,321.93,503.123.4% 202412 31889.7202512 311,485.9 20241231711.1202512311,229.6H (i)(ii)(iii)(iv)20241231447.920251231516.1 20251231548.020241231248.220241231299.8120.8%0.60%2.70%202412312.55%4.00% 2025123152.92024123167.513.82024123159.6207.42024123134.1 202512311,229.620241231711.1 535.12024123116.71.6920231.0211%2024123119% 202512312,728.11,229.61,498.5202512311,242.2695.5145.5309.5 管 理 層 討 論 及 分 析 29 2025123120241231 2025123195.22024123111.5 2025123120251231 20251231 202512319%2024123119%H 20251231 20263312025101.8079,259,199.84 202512314,757202412314,32420251231658.120241231618.4 202512312025 2025825 管 理 層 討 論 及 分 析 20259820252502025400650 2025123113.1614A 2025527H67,910,000H20,373,000H47,537,000HHH7.681.0%0.0027%0.00565%0.00015%415.2(1)(2)(3) 2025526 415.2 20251231 20271231 管 理 層 討 論 及 分 析 20133(1)(2) 20184(1)(2) 20251231101.80440,328,888450,405,28810,076,400 20264292025123122025331 董 事 及 高 級 管 理 層 履 歷 572003AJT Holding InternationalLimited 3019961220212 19926 5720107201611201611202211202211 3019961220062 19926 董 事 及 高 級 管 理 層 履 歷 55201311 199492006220062201310 1994620051 2820234(HongKong Jihong Technology Co., Limited)AJT Holding International LimitedAJT Printing and Packing FZ–LLC 2021520223202211 20213 47201111 20031220219 19986 50 152005720232603861202512688095.SH 199872002720057 65 19842017202042022620237157520231017832024189720254830 1981198211199210 董 事 及 高 級 管 理 層 履 歷 62201110INSEAD(Institut Européen d’ Administration des Affaires) 19851987201772021102022101997200520122017201420192021 03738.HK01313.HK00560.HK02293.HK(02618.HK 5220095002925.SZ601828.SH 542011420134202210 2008120114 20055 13 3.288.17 董 事 會 報 告 20251231 20251231 20251231 ••••B2C• 20251231 20251231 25% 202512314 董 事 會 報 告 2025123178 1202542520242024384,769,2886,769,900377,999,3880.15859,723,903.302025522 2202598202520252025630A+H450,405,28810,076,400440,328,8880.18H1.001.0978H0.1976H13,419,016H2025117 20251231 2025123120251231 177 2025123113814 15732 202512318215833 785.520241231436.4 董 事 會 報 告 2025123113.63%23.43%2025123112.06%28.21% 72030-90 2025123129 402025123140 20251121 20251027 20251121 2025112120251121202511212025112120251121 20251121202510273.09D 20251121 2025112120251121 董 事 會 報 告 20263312026331 13.51B(1) (a)(b) 2025123118 20251231 20251231 202512319 3.13 董 事 會 報 告 20251231XV(i)XV78(ii)352(iii) (1) (2) 202425(i)(ii) (3)2023568,750A2023306,250A2024102320232024306,250A (4)(L)A (5)20251231450,405,288382,495,288A10,076,400A67,910,000H (6)20251121 董 事 會 報 告 20251231XV23336 (1)–(2)(2)A(3)2023568,750A2023306,250A2024102320232024306,250A(4)(L)(5)20251231450,405,288382,495,288A10,076,400A67,910,000H XV23336 202577202520252023A202562120257820254,134,0001,860,000A384,769,288382,495,2889272,274,000A8.8120A382,495,2882025927 2025123110,076,400A10,076,400A 董 事 會 報 告 2025710 2022108202210252022 2020111020218276,075,3074812243635%35%30% 20256201,822,70712 20257101,822,707A384,769,2880.4737% 2025719 20241146,00010,000A18.2012 2024121620242024121718.2018.02 20255212024202552218.0217.86 2025224132,100384,769,2880.0343%13.7913.721,817,047 20257184,050,700A384,769,2881.0528%15.6910.9961,120,182.34 33 2023 202320232023A20232023 董 事 會 報 告 20235%A 20236,600,000A1.74%202392520231027A9.51A875,000A400,000A50,000A2005,275,000A2023 2023A2023 (a)35%A(i)A2023102312(ii)24 (b)35%A(i)24(ii)36(c)30%A(i)36(ii)48 2023A(i)20221231202320242025123110.0%21.0%33.1%(ii)100.0%80.0%60.0%0.0% 2023(i)(ii)A(iii)A2023 2022 202210102022202220222022A2022 2022 202220226,075