叮当健康2025年年度报告

2410111324317390959799101103 20262162026216 Maples Corporate Services LimitedPO Box 309Ugland HouseGrand Cayman KY1-1104Cayman Islands 20255302025530 501 687703 20255302025530 www.ddjkjt.com 20255302025530 1831717121716 Maples Fund Services (Cayman) LimitedPO Box 1093Boundary HallCricket SquareGrand Cayman, KY1-1102Cayman Islands 09886 2025“2030”++AIAI+ 202524AI+ AIAIAIAIAIAI 2025AI 2025ESG 20263 20 2025++++824AIAI+ 4,887.820244,669.14.7% 202512 3152.110.711.922.635.3%2.4 AI+ • 202512 313,551.220243,274.68.4%546.92024642.814.9%646.52024622.23.9%143.22024129.510.6% + 3,551.220243,274.68.4% OEM546.92024642.814.9% ➢ 646.52024622.23.9% ➢ O2OO2O7,000143.22024129.510.6% • 800400 • AIDOT 2025 AI 202412 314,669.14.7%202512 314,887.8202412 314,539.64.5%202512 314,744.6 202412 313,130.71.1%202512 313,164.3 202512 311,723.535.3%202412 311,538.332.9% 202412 31202512 31447.7447.8202412 319.6%202512 319.2% 202412 311,013.38.5%202512311,099.4202412 3121.7%202512 3122.5% 202412 3161.211.1%202512 3154.4202412 311.3%202512311.1% 202412 31229.724.4%202512 31173.6 202412 314.9%202512 313.6% 202412 3112.2202512 3112.8 202412 3149.44.9%202512 3147.0 202412 318.939.3%202512 3112.4 202512 312024198.92024123120182020198.9 202512 3120246.820241231202412 316,845,000 202412 319.9116.2%202512 3121.4 202412 31380.086.3%2025123152.1 100% 202512 31429.320241,218.0 202512 31136.811.430.7(i)41.893.133.7(ii)9.51.1100.183.612.24.83.7 202512 31801.22,324.41,397.62,081.9 202512 31112.186.612.4 202512 314.72024202512 310.3%2024 202512 3135.7202412 3125.1 202512 31 202512 31 202512 31202512 315% 202512 31 202512 31 31.2(a) 202512 31 202512 312,232 202512 31 20205 1(10)87,993,330202512 316.8%–D. ESOP20236 272023(10)202326,829,45720232.0%20236 27 202512 31402.1202412 31493.6 20229 14341.6202512 31 202512 31 202412 3123.520256 30 6420148 20 232001720231201332022121112139101178919981120017 20041120101120221120041199710 3820238 25 201492010320149 472021526 20161202092009720151220074200972000720066 200072007520109(CICPA)2026211(CPAAustralia)(CIMA) 412021610 201512014720151VIPS2008420147202012019122018 201612200712018 432026216 201582013420152 20137 342025530 20221TPG CapitalTPGCapital20252 2020820211120191202082016620186 201652014720149 60202161920229 1 20191220192201762017520161120164201632015320138201520024120091220138199620089 1989720151EMBA20173 58202161920229 1 201992010520199 1987719921020001 54202161920229 1 20184201920191120117201272007220091TPGCapital2007820091TPG Capital China Limited200492007120004200491994719975 199471999520023 49202111522201311202070019520051220085020051997 033060149706681025932021120226019802016112018110038920151020206014522015420175015382014122016303708201262014200108 19971120242004102006320069200711 39202393020199142018520196201511201852011320137証HENGTOU SECURITIES0147620137201512 200820102024 202512 31 20229 14 5A 202512 3111121323336232ESG 202512 3195 10 202512 3127 35.1 202512 3130% 5% 202512 3116.8%47.4% 202512 31202512 31146.94.4% 5% ••••••••••• 202512 3120241231 202512 314,817,059,000 202512 3136.2 202512 314,651,00025 202512 31 202512 31 202512 31 20262162026216 20255302025530 20255 303.09H20255 303.09D 20262 163.09H20262 163.09D 26.3 26.4 2430 20262 16 20262 16 13.51B(1) 202512 31 202512 31 202512 31 202512 3118 202512 31 8.10(2) 20228 26 202512 31 202512 31XV23336 (%) (%) (1)276,712,555(2)60%40%(3)295,499,475(4)60%40%(5)11,760,00020202020(6)54,400,00021,833,330 (7)660,205,36050.04%(i)288,472,555(ii)295,499,475(iii)76,233,330(8)XV(9)95,267,1307.1%92,567,6232,699,507XV(10)XV(11)83.2%XV(12)XV(13)TPG Asia VII SF Pte. Ltd.TPG CapitalTPG Asia VII SF Pte. Ltd.TPG Asia VII Finance, LimitedPartnershipTPG Asia GenPar VII, L.P.TPG Asia GenPar VII Advisors, Inc.TPG OperatingGroup III, L.P.TPG Holdings III-A, L.P.TPG Holdings III-A, LLC TPG Operating Group II, L.P.Operating Group II, L.P.TPG Asia VII SF Pte. Ltd.82,897,346(14)L(15)http://www.hkexnews.hk/ 202512 31XV23336 202512 31XVXV78352 (i) (1)660,205,36050.04%(i)288,472,555(ii)295,499,475(iii)76,233,330 (2)XV660,205,36050.04%XV (3)5,000,0002023560,000 (4)10,000,0002023900,000 (5)8,000,0002023640,000 (6)L (ii) (1)(2)202512 31100%(i)24.44%(ii)37.78%(iii)37.78%(3)(4) 202512 31XVXV78352 C1ESOP111233 ESOP 20205 1202020215 3120236 27202320236 2728 20205 1(10)87,993,3306.8% 87,993,330 (i)202011,760,0000.9%8710,474,00020229 30810,000202014A17 (ii)20161776,233,3305.9%20251231 202011,760,0002020 1. 20205 120304 30104 –D.ESOP–3. 202512 318710,474,0003,100,0000.8%202511202512 31202512 31 20251231 202512 31 2.2020 2020 2020 2020 2020 202020205 120304 301020204 20229 300.1810,0000.06%2810,000 2020–D. ESOP–4.3.528 3. 76,233,3302016 ESOP175.9%20251231 20205 120304 30104 54,400,0000.11530%30%40%21,833,3300.1 202512 31 120262 16 202512 31–D. ESOP–5. 60%20215 3120215 25130,793,59010.1%5 •20%•40%•40%