敏华控股2025/2026年报

237811213854596061636668164169 Alan Marnie Ocorian Service (Bermuda) LimitedVictoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda 1831717121716 Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda 10–141 Ocorian Law (Bermuda) Limited 1999 97927 www.manwahholdings.com 182401–2 6130 6330 Alan Marnie55Marnie30Homestyle Operations LimitedHomestyleSteinhoffHomestyleSteinhoff International Holding Ltd SteinhoffSteinhoffMarnieReid Furniture LimitedSteinhoff 5230 39 6230 OSL86313665023147083333 56HEC600545600299JS1691(H&H)111220 7070013980868 620011210005143 0160021621111050 1.= 1962232(Section 232) 16,429,2402.8%40.5%39.4%1,812,42312.1% 3,200Gainline GroupGainline Group 1962232 16,429,2402.8%39.4%1.11,812,42312.1% 1,0106,357 9,249,2086.8%58.7%56.3%9594.3% Gainline GainlineSouthern MotionFusion Furniture 4,535,432,0002.6%27.6%5.1%667,000Gainline Home1,505,9312.5%9.2%7.4%194Home Group799,6102.9%4.9% 2.9%16,751,21217,249,38539.4%40.5% 1 11,254,24411,742,5124.2%Home1,8201,8853.4% 1.1 5,975,5996,583,8049.2%1,0014.3%959 1.2 4,221,9164,146,1181.8%3,583,110612,655 1.3 1,056,7291,012,5904.4% 2 2,199,0702,408,0618.7% 3 1,837,2571,665,87310.3% 4Home Home799,610777,3882.9% 5 339,059308,8009.8% 6 321,972346,7517.1% 3.9%10.2%1.1%40.5%39.4% 210,403541,062 3,075,0908.7%3,344,03318.2%20.4% (a)404,05627.7%516,1582.4%3.1%(b)771,02713.2%669,1994.6%4.1%438,7117.7%472,4682.6%2.9%(c)7,9893,447.2%283,4010.1%1.7%(d)760,4029.4%689,1674.5%4.2% 750,3736.7%800,8684.9%4.4% 521,77614.0%448,93719.1%19.5% 2,062,61712.1%1,812,42312.2%11.0% 91551.3% 3,318,7004,006,3141,382,993143,0931,745,71616,1561,471,946172,2891,358,481946,574 4,239,8214730.65%3.00%0.64%3.50%(i)1.70%3.88%4.01%4.98%1%(ii)4.51%7.58%4.01%7.58%3.09%1.45%4.01%1.60% 1.41.429.9%33.2% 14,05713,958 98,13950,829 8,319182 31 HomeHomeHome 36 26,05026,134 3,042,6073,055,07821,59520,956 •(2026–2030) C12C.2.1 C.2.1 C3 1.2.3.4.5.(i)(ii)(iii)(iv)(v)(vi)(vii) Alan Marnie Alan Marnie Alan Marnie 4/44/44/44/4 3.10(1)3.10(2)3.10A 5658 ••• ••••••• • • • • • 37% • • (i) (ii) (iii) (iv)17 (i)(ii)(iii) 3829 (c) (a) (i)62 (i)74 (ii)Victoria Place, 5th Floor, 31 Victoria Street, Hamilton HM10, Bermuda (iii)21 (iv) (b) (i)798079 (a) (b)1,000 (ii) (a)(b)100 (iii) (iv)8080(b)(i) (aa) (i) (ii) (bb)(b)(i) (c) 10–141(852) 2712 0630ir@manwahgroup.com 15 56 6225 35 15.0581,7129349,027 69,291 14 28 (a)(b) Alan Marnie 3.09D 99 XV352C3 1.3,878,083,200 2.2,426,692,80080%20%2,426,692,80035,60035,600XV2,428,000 3.2,428,0002,396,80031,2002,428,000XV2,426,728,400 4.Marnie800,000 5.890,800261,600738,400 6.2,113,60066,400214,400 7.30,000XV20,000 8.60,000 XV352 336 1.3,878,083,200 XV23 17 121%120.1%5,000 (i)(ii)(iii)128 1. 2.(i)(ii)(iii)(iv)6.4819.5010.805.14 3.186050%100% 4. 5.1% 10108 (a)(b) 12 10 (a)10%387,753,760 (b) 1717 387,753,76010.0%373,250,5609.6%371,734,9609.6% 0.07% 1.(i)80%(ii)2.(i)(ii)4.785.103.1%4.295. 3.13 3214A (i)(ii) 10.8%15.6%4.3%10.0% 5% 10 8,52414,202 294349 25% 37.26% 1.XV2.3.Alan Marnie4.Siu Yuk Lien Luwina5.6.(100%) 13.51B(1) 59163 2,090,936143,124 •••••• GDP 2.43.14(i)22 90 •••••• P04699 (i)(ii)(iii)50% 1. 2.1 622 • • 4 2.2 21 21 2.2 718183637 2.3 18(2)19(2)97(1)97(1)1028(3)21(2)11179107(1) (1) (2) (3) 18111818818733341818 2.3 191019(i)19(ii)(iii)181919 97 9797 2.3 102810281028 212934 111779107 •77B387IG1IG14IG20B77 •9993.3.316995.1.39A 2.3 •1010B7410B73 •7737 2.4 2.4.1 (a) 2.4.2 (b) 11 2.4 2.4.1 2.4.11 (c) 2.42.4.2 • • • • • • • • 2.42.4.2 2.4.3 2.4.4 2.4.5 (a) 2.42.4.5(b) (c) (i) (ii) (iii) 2.42.4.6 3956%20%20%33%12.5%20% 2.4.7 2.4 2.4.8 2.4.9 2.4.10 (a) 2.4.2 (b) 2.42.4.10 (b) •••••• (c) 7%33.3%10%9%20% 2.42.4.11 2.4.12 2.4 2.4.13 (i) •• (ii) (iii) 2.4 2.4.13 (iii) • • • (iv) 93.1 2.4 2.4.13 (iv) 12 • • 2.4.14 2.4.15 223.1 2.42.4.16 2.4.17 2.4.18 2.4.19 2.4.20 2.42.4.20 2.4.21 2.4.22 (a) 2.4 2.4.22 (b) (i)(ii)(iii) (c) 2.42.4.23 (a) 12 (b) (c) 2.4.24 2.42.4.25 2.4.26 15 ••• 2.42.4.26(i) (ii) (iii) 2.4.27 2.42.4.27 •••• • • • • 12 134 2.42.4.27 2.4.28 2.4.29 (i) •• (ii) •• 2.42.4.30 3 3.1 3.3.1(a)(i) 3.3.1(a)(i) 5% (ii) 50 3. 3.1 (ii) 50506,9519,644 50509,78016,495 (b) (i) 2471%69% 8%7%17%22% 3.3.1(b)(ii) 9 108,25621,772 34,86828,981 3. 3.1 (ii) 75,25056,58022 12 (c) 3. 3.1 (c) 3. 3.1 (c) 3.2 272428 3.3 23 15 4. (i) 3.1 (ii) 771,461658,861 4.(iii) (iv) 34,41334,413 480,158560,872 (v) (vi) 15 4. (i) 50% 5. 5. 2.4.4 (a) 5. (a) 5.(b) 5.(b) 5.(c) 1.3,863,5173,882,551631,104499,937 2.Home 5. 5. 6. 7. 8. 18,943148,246 8,25064,42010,69383,826 9. 10. (a) 5%1,500 116,062119,069 10.(b) 38(a) 11. 25%15%15% 19 12%12% 21%21%0%9%0%9% 16.5%16.5%20%20% 11. OECDGloBEOECDOECDGloBE15% 11.