直通电讯2025 年报

GEM GEM GEMGEMGEM GEMGEM(1)(2) 目錄 235153048505758606162116 公司資料 Windward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands 18837121415 Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands 1617 8337 18121 主席報告 48,288,00064.9%8,103,00011.1%9,001,0003.684.31 10,852,00035.9%6,959,000 41,329,000126,572,00067.3% eSIM Mobility as a Service (MaaS)eSIM 管理層討論及分析 6,772,00010,812,00037.4% 27,506,00065,416,00058.0% GZDT GZDT1,460,0007,678,00081.0% 40,0003.7187,000 GZDTGZDTGZDT South Data Communication Pte. Ltd.South DataSouth DataSouth Data 管理層討論及分析 1,00053,478,00076.9%12,363,000South DataSouth Data South DataSouth Data South Data eSIM Mobility as a Service (MaaS)eSIM 管理層討論及分析 48,288,000137,424,00064.9%6,959,00041,329,00014.4%85.6% 46,029,000132,263,00065.2% 2,259,0005,161,00056.2% 272,000569,00052.2% 372,000293,000 11,900,00013,378,00011.0%2,231,000592,000 37,000208,00082.2%176,000 33,00046,00028.3% 管理層討論及分析 9,001,0008,103,00011.1% 26,006,00034,796,000 100,000,000500,000,0000.20244,875,000 24,188,00033,607,00017,889,00026,571,0004.76.2 236,000234,000 OFCA200,000 5.89 5,297,000 管理層討論及分析 84 1618689911 4,249,0004,416,000 GEM17 GEM17.2217.24 (www.hkexnews.hk)(www.directel.hk) 董事會報告 12 18837121415 514 董事會報告 23 106362486 116 57 董事會報告 50.3%87.8% 52.0%91.5% 5% 22(b) 22(a) 11 25(b)660,000360,000GEM2025 A.B.RF-SIMC.D. 25 GEM20 1617 董事會報告 GEM5.09 25 董事會報告 4849 89 6(b)21 XVXV78352GEM5.46 104,437,500New Everich Holdings LimitedNew EverichNew Everich54%46%104,437,500 (ii)New Everich 100.00% New Everich54%46%New Everich XVXV78352GEM5.46 董事會報告 XV2333610% (1)104,437,500New EverichNew Everich54%46%104,437,500 (2)65,062,500 16,500,000Golden Brand Holdings LimitedGolden Brand Holdings Limited XV2333610% 50%GEM RF-SIMRF-SIMRF-SIM GEM(i)RF-SIM(ii)RF-SIM(iii)CA-SIM RF-SIMRF-SIMRF-SIM(i)RF-SIM(ii) 董事會報告 (i) (i)(ii) (ii) (i)(ii)(iii) (iii) 15,562,5006.36%30% (iv) 1%0.1%5 (v) (vi) (i)(ii)(iii) (vii) 211 (viii) 10(i)(ii) 15,562,50015,562,500 董事會報告 3047 25% GEMC1 GEM5.485.67 企業管治報告 21224849 GEM5.05(1)(2)5.05AGEM •••••• 企業管治報告 4/44/44/44/44/44/40/4 C.1.7 GEM C.1.4 •• 企業管治報告 C.2.1 (i)RF-SIM (ii) (iii)RF-SIM (iv)RF-SIM (v) (i)(a)(b)5% (ii) (iii) (i) (ii) (iii)(i)5%(ii) (iv)(i) (v) 企業管治報告 (vi) (vii) (i)10%(ii) GEM 2/22/22/20/2 (i)(ii)(iii)(iv) 668,000720,000600,000590,000 企業管治報告 2/22/21/21/2 ••• 50% 企業管治報告 1.1.11.21.31.4 2. 2.1 •••••••18 2.22.32.4 3. 3.1 3.2 3.3(7)(7) 3.4 3.5 4. 企業管治報告 (i)(ii)(iii)(iv)(v)(vi)(vii) GEM23 2/22/21/21/2 89 E.1.5 1,000,000 2 •••••• 企業管治報告 (i)(ii) 49 (www.hkexnews.hk)(www.directel.hk) (ii) (iii) (v) 1/11/11/11/11/11/1 企業管治報告 GEM 64 18837121415 董事及高級管理層履歷 6836GEMChinaCast EducationCorporationChinaCast Education CorporationChinaCast Education CorporationNew Everich Holdings Limited104,437,50042.65%65,062,50026.57% 6531 5825 董事及高級管理層履歷 5525 71 4017 01592 5224 18121 57115 獨立核數師報告 3418(b)2(l)2(t) • • • (1)(2) • • 獨立核數師報告 • • • • • • 獨立核數師報告 • • • • • P04645 合併損益及其他全面收益表 截至二零二五年十二月三十一日止年度 合併財務狀況表 於二零二五年十二月三十一日 合併財務狀況表 於二零二五年十二月三十一日 合併現金流量表 截至二零二五年十二月三十一日止年度 1 18837121415Windward 3, Regatta Office Park, PO Box 1350, Grand Cayman KY1-1108, Cayman Islands 2 (a) GEMGEM 2(c) (b) 2(f) 財務報表附註 2 (b) 26 (c) (i) 21 (ii) 971819 1 22111 (1)(2) 2 (c) (ii) (d) 2(f) 2(j)(ii) 財務報表附註 2 (e) 9 (i) (ii) (ii)(i) 2(j)(ii) (f) 23(f) 2 (f) (i) 2(t)(iii) (ii) 財務報表附註 2 (g) 2(j)(ii) ••5•5•58•5•5 (h) 2(j)(ii) •34 2 (h) (i) 12 2(g)2(j)(ii) 財務報表附註 2 (i) (j) (i) 2 (j) 1212 12 財務報表附註 2 (j) (i) (i)(ii)180 2 (j) (i) 2(t)(iii) 財務報表附註 2 (j) (ii) 2 (j) (ii) (k) (l) 2(t)2(m) (m) 2(j)(i) 財務報表附註 2 (n) 2(j)(i) (o) (p) 2(v) (q) (i) (ii) 2 (q) (ii) (iii) (r) 財務報表附註 2 (r) 2 (s) (t) 12156312 (i)(ii) 財務報表附註 2 (t) (iii)2(j)(i) (u) (v) 2 (w) (i)(1)(2)(3)(ii)(1)(2)(3)(4)(5)(6)(i)(7)(i)(1)(8) 財務報表附註 2 (x) 3 4 (i) 154(a)4(b) 10% ABC 10% 3 (ii) 15121 4 (i) (ii) (a) 財務報表附註 4 (a) (b) (i)(ii) (a) (b) 財務報表附註 6 (a) (b)*# (c) **23(a)*11**15**** 7 (i) 16.5%16.5% (ii) 財務報表附註 7 8 383(1)2 8 財務報表附註 9 8 1,000,000 10 9,001,0008,103,000244,875,000187,989,754 財務報表附註 42,000112,000761,000575,00015.88%15.88% 11 6(a) 932,000490,000 17(c)19 (i)(ii) 財務報表附註 12 13 34,003 (34,003) 28,061,0005,942,000South Data Communication Pte. Limited 14 HKG:3869 15 (a) 財務報表附註 15 16 1 1336612 601223(a) 17 (a) 財務報表附註 17 (b) 17 財務報表附註 18 (a) 11331212 (b) 19 財務報表附註 20 (105)48(57)32(25) 20 (b) 2(r)143,407,000138,606,00016,434,00016,514,000 (i)137,012,000129,675,000(ii)204,000(iii)6,181,0008,931,000 21 5%30,000 財務報表附註 22 (a) 22 12,000,00012,000,0000.2 (c) (i) 財務報表附註 22 (c) (ii) 92(f)(iii)2(u) (d) (e) 23