国美零售控股有限公司2025年度报告

GOME RETAIL HOLDINGS LIMITED國美零售控股有限公司* 股份代號:493於百慕達註冊成立之有限公司 23461418293254575859616365168 200474931987•• 2025 2025 1. 2025 2025 2025 20252025123112 2. ++APP 3 8 2026AI 3. AIAIAIAI 66.22%9691,4721,5494,1901,8091,9835,94411,62948.89%9391,23824.15% 2025 202553847413.50%2574 11%20262027 2025GDP5.3%5% 2025202420253473300081220252026 20253.8%2.613.661.17 3 1 AI 2024202556%+ 2 +++APP AIAIAIAIAIOMOAIAIAI 33 • 53847413.50% 5 1 39 5 . 3 5 %84.39%257466.22%4.65%15.61%10.96 *= 18812006110 4991,05552.70% 20928326.15%637830163140 1,0953,68570.28% 7%20247%1.5%20241.6%)1,095 7 6 01 , 1 8 936.08%10083789515111558015 7 3202 62 1,5494,19063.03% 9651,34328.15% 1575994662234036 6 2202412048.33%1478265 1,31520242,42045.66% 1,8091,983 4,53620245,10711.18%4,5591,1293,430 1 6126 5,94411,62948.89%12.624.6 1366.67% 2512 56202449 56253 24258 10% 20251231 20251231 478 12121,10125020262331,18280 (1)201820201017.8%42022 2025123117223260546361,672171 (2)201920212023202575%9 (3)202020231007%3 20252026 (1)2020420020235%20251231196.80 1 (2)2020610020235%2025123173.7499.11 2+ 2025123123,56926,86887.72%112.45%15,718149.95%109.74% 32026 2025123134520,839338571,8873,6251291375377244 4 202512313642024606 5620101217202510 19906199081995919951219961020159 19916200032006620125 20112015320181120242 20148 3020 47202420212008201520172018 4520242003620202312AI200362011 602015624200920022008200120021998200119881994199820146202062015112021112018220221202322019520236 5530201582023102017102019920145201612015120155hmvod2016420187201882019320251 48200420202021A-ListIFLR100020212022CLECSS 2021820246 502024619987200320182021EMBA 6020123CEO2015EMBA 46201010 20251231 ()1091115 62252025 413 2931 3253 15916541 5758 202512315960 6364 14514631 16742616234 1231 11912113 30% 60.81%76.66% 5% 2025625 139152253820251231 20251231XV352 20251231XV352 2018912 2,155,762,74220263312,155,762,74210%2.95% 10%121%0.1% 10 (a)(b)(c) 1 20189121024 2016103 2. 3. 202512311,289,065,0001,506,543,0003.15%20251231 201610320171061461473233 20251231336 1.4,923,506,6023,315,899,938Shinning Crown Holdings Inc.1,200,000,000ElementAssets Management Limited160,000,000Hillwood Assets Management Limited246,706,664Smart Captain Holdings Limited900,000 2. 3. 2025123165701 14A (1) 2024122360%40%2025202250%2025410202520271231202520252026202712313102025 (2) 202412232025202220254102025202712312025202520262027123131020250.002 (3) 2024122320252022202511202712313202520252026202712313302025 (4) 2024122320252022202511202712313202520252026202712313302025 (5) 20241223202520222025112027123132025202520262027123133020251 (6) 20241223202520222025112027123132025202520262027123133020251 (7) 20241223202520222025112027123132025202520262027123133020255 1. 2.3. 1.2.3.4. 202512313642024606 1179 15137 3.13 C13253 16041 (1)2018202556300,000(2)201920252349,0006,621,0005%9 20251231 1431453020251231 13.2013.22 13.2013.22 16743 3 2931 20251231 2026331 202512315,969,350,0002025123140,379,656,0002025123142,249,098,00023,562,894,0002025123156,145,0002025123123,569,167,0002025123120251231 (COVID-19)(SARS)H5N1(H1N1) ERP ERP ERPERP 20 20251231C1202571 C3 20251231 20256 25 1416 20252025625320242024625320232023921315111122 3.13C.1.82025625 (ESG) 202543 C.5.314C.5.83 A.2.1 (i)(ii)(iii)(iv)(v) 1.202561 2. C.2.1 20251231 20251231111 B.1.4 1.2.3.4. 20051110E.1.2 1)2)3)4)5) 6)7) 1 1 8 20051110B.3.1 20256 2520256 25 B.3.52025625 1)2)3)4)5)6) 1 2 A14(2)B.2.2 1. 2. 3. 4. 2025123161 1. 2. 3. 4. 5.18 20251231 583.3%116.7% 100%0% ()49.3%50.7% 2009821 20256 2520256 25 1.2.3.4.5.6.7. 2004 D.3.3 1) 2) 3) 4) 5) (a)(b)(c)(d)(e)(f) 6)5(i)(ii)7)8)9)10)11)12)13)C114)15)16) 2202532024123120256306 20241028 202512312,480,000202412312,480,000800,000 20251231D.2 ESG 20251231 20251231 2.1202512315,969,350,0002025123140,379,656,0002025123142,249,098,00023,562,894,0002025123156,145,0002025123123,569,167,00020251231202512312.1 122.1 (i) (ii) (iii) (v) (vi) 2.1(i)(ii)(iii)(iv)(v)(vi)20251231 2.1 2.1(i)(ii) 571 3.29 20261120 ESG 200320251231 3 19817410% 213 198179805%100 (1) 1037 20251231 8292915info@gome.com.hk 5716720251231 2.1202512315,969,350,0002025123140,379,656,0002025123142,249,098,00023,562,894,0002025123156,145,0002025123123,569,167,00020251231202512312.1 122.1 (i) (ii) (iii) (v) (vi) 90 P04686 2026331 202512 31 1. Victoria Place, lst Floor, 31 Victoria Street, HamiltonHM10, Bermuda8292915 5 2025123110.28% 20251231 202512 31 1. 1. 202512 31 1. 1. 202512 31 1. ******(i)(ii)(iii)(iv)(v)(vi)(vii)(viii)(ix) 1. (i)(ii)(iii)(iv) (i)(ii)(iii) 202512 31 2. IFRS 2.1 202512315,969,350,0002025123140,379,656,0002025123142,249,098,00023,562,894,0002025123156,145,0002025123123,569,167,0002025123120251231 1. (i)(ii)(iii) 2. 2.1 2. 3. 273,742,0001,924,076,000 2025331(i)(ii)202