信义光能控股有限公司2025年年报

241120243767737475777981206 Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands ø~P.S.M, D.M.S.Mø< 2 #+<#ø<*ø< 1352121092115 *#+ø~< 88343418 183171712-1716 97927 http://www.xinyisolar.com 009682,0002.97272 Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 20,861.24.8%16.2%844.59.2911.27 2,321.6392.9 (AD/CVD)(FEOC) 31714.2% 50% 1,800 81.7%18.3%23051%64 6,2455,8414044,7851,36010050% 40%50% 3.3%3.7% 21,4002,4002,300 500 5.3%17,831.8 23,20021,4004.2% 36.0%23.3%33.5% * 2,993.53,017.3 (i)(ii) #4,751.2 #64 3,866.0595.015.4%4,461.017.6%21.4% 4.414.1%9.7%(i)(ii)(iii)(i)(ii) 4.6%1,938.42,031.064.8%67.3%(i)(ii) 273.940.4314.3 131.7258.4(i)51%32(ii)213.015.2 127.0111.70.6%0.7% 1,019.320.32.0%999.0(i)39.9(ii)33.351.9 724.71,596.8 27,00023,20021,400 724.7 60,000 2,673.01,596.84,269.839 432.1507.6339.7395.7 56.075.5 14.417.410050% 526.2492.3(i)(ii)(i)(ii)51% 27.2%42.7% EBITDA EBITDA3,665.14,392.816.6%EBITDA17.6%20.0% 844.51,008.216.2%4.6%4.0%(i)(ii)(iii) 56,916.12.7%29,831.81.531.14 5,656.21,235.11,749.33,769.2260.8773.07,567.87,891.23800 20.1%31.0% 2,531.5715.0 82.682.22.8363.8967.9 15173237 7,7126,3061,4061,136.0 733700868P.S.M, D.M.S.M03868 4803868 50201403868 71 56MMG Limited0120803868 P.S.M, D.M.S.M6037GEM0832803868 7810111201549 43 52FCPA FCPAPitcher Partners PerthMonash GroupPitcher Partners Perth28 46 43 C1 C.2.1 2023 3.103.10A C.2.1 3.133.13 2023 C3 1,000,0011,500,0003,500,0014,000,000 9 (i)(ii) 6772 3.29 (i) 5821 (ii) 58A10 (iii) ir@xinyisolar.com.hk (i) www.xinyisolar.com (iii) (iv) (v) (vi) (i)(ii)14 4101119 734.2381.3349.1 0.8 14,059,0006,262,000 19383103 17 26 5,811.95,595.31,433.41,823.4 84 3.13 (i) (ii)5% (iii) 9 5964 (a) (i) (i)(ii) (ii) (a) (b) (c)(a)(b)(a)(b) (iii) 890,989,18310% 44,549,4590.5% 873,939,1839.55% (iv) 121% (v) 10 (vi) 12(i)17.01A(ii)17.01A (vii) 301.0 (viii) (a)(b) (ix) 17,050,00013,338,000293,00013,045,000 3.123.19(%)53.88(%)8.013.51(%)2.94 17,050,0005,683,333(i)12(ii)12 (a)(b)(c) (a)(b) 17.03F17.06B (7)17.06B (8) 873,939,18344,549,459 0.19% 27 (b) 3,500,000892,000 0.950.97(%)49.04(%)5.263.50(%)2.84 648,066,772648,158,214 0.04% 3,500,0001,166,666(i)12(ii)12() (i)(ii)(i)(ii)(iii) 17.03F17.06B (7)17.06B(8) (i) (i)(ii)(iii) (ii) (i)(ii)(iii)(iv)(v)(vi)(vii)(i)(iii) (iii) 662,734,94710% 30% 648,158,2147.61% (iv) 121% (v) 10 (vi) (vii) 301.00 (viii) (a)(b)(c) (ix) 10 27 2023 XV(a)XV78(b)352(c) (1)Realbest Investment LimitedRealbestRealbest901,291,508 (2)12,257,538Xin Yuen Investment LimitedXin YuenXin Wong Investment LimitedXin WongXin Wong50%50% (3)D.C.S.M (4)Copark Investment LimitedCoparkCopark230,990,95439,685,997 (5)Perfect All Investments LimitedPerfect AllPerfect All94,145,5843,942,7841,623,254 (6)Telerich Investment LimitedTelerichTelerichTelerich312,338,945 (ii) (iii) (1)RealbestCharm Dazzle LimitedCharm DazzleRealbestCharm Dazzle92,276,904509,748,9133,881,3824,827,875 (2)D.C.S.M33.98%16.21%16.21%11.85%5.56%3.70%3.70%5.09%3.70% (3)D.C.S.M (4)CoparkSharp Elite Holdings LimitedSharp EliteCoparkSharp Elite32,211,604202,854,20715,719,319 (5)Will Sail LimitedWill SailPerfect AllWill SailPerfect All47,557,8429,567,353394,278162,325 XV(a)XV78(b)352(c) XV23336 (1)D.C.S.MHigh Park Technology LimitedD.C.S.MD.C.S.M20,952,105(2)D.C.S.M(3)Telerich2,482,87240,788,066(4)Goldbo International Limited(5)Goldpine Limited (6)Linkall Investment Limited (7)Herosmart Holdings Limited8,085,886476,492(8)JPMC5,864,126105,540,061111,404,187(9)JPMC42,00011,728,2523,828,58915,598,841 XV23336 12.1%44.2% 9.8%27.5% 5% 12,168.311,640.130 7,7126,3061,406 3714A14A3714A (i)(ii) 14A.1614A 62.064 14A.0714A 1 168,800,0001,186,000 14A 2 15,000,0008,930,000 14A.1614A 3 110,800,000752,000 30%14A 4 21,600,0003,897,000 14A 14A (i)(ii)(iii) 14A.563000740 14A.56(i)(ii)(iii)(iv) 1 107,300,000 14A 2 35,400,000 14A C1 2436 25%49.3% (1)D.C.S.MD.C.S.M(BVI)4,633,305,18650.7% 13521www.hkexnews.hkwww.xinyisolar.com 183171712-1716 183171712-1716 Ernst & Young27/F, One Taikoo Place979 King’s RoadQuarry Bay, Hong Kong 97927 Tel: +852 2846 9888Fax: +852 2868 4432ey.com 73205 7,916.579.8 3.1(b)421 13,889.02,531.3724.71,596.8 724.7 1,596.8 41739 P04699 205 1 2 (a) 622 4 2 (b) 21 21 (c) 1 979711 1 17910712223 18192110 123 2 (c) 18111818818733341818 3 3.1 3 3.1 (a) (i) 212530 3 3.1 (a) (ii) 2530 2511,856,00021,228,000 (b) 3 3.1 (b) 3 3.1 (b) (i) (ii) EPC 3 3.1 (b) (ii) 9 3 3.1 (b) (ii) 90 3 3.1 (b) (ii) 86.45%17,74215,3380.08%3,616,9652,7823,634,70718,120 4,904,806,0004,958,577,00049,020,00049,575,0001%1% 3 3.1 (b) EPCEPCEPCEPC EPC 11.01%17,7261,951 44%49%57%53% 3.52%0.90%4,237,00096,000 3 3.1 (b) (ii) 3 3.1 (b)(ii) 200,000209,000 3 3.1 (b)