友和集团2025/26 年报

年度報告 2345813309699121143147148150151152200 336602 Maples Corporate Services LimitedPO Box 309Ugland HouseGrand CaymanKY1-1104Cayman Islands •8835 Maples Fund Services (Cayman) LimitedPO Box 1093, Boundary HallCricket SquareGrand CaymanKY1-1102Cayman Islands 1617 www.yohohongkong.com 2347 25/26 GMV 1P421SKU 3P1,000203PGMV3P YOHOJ SELECT 2026J SELECT20SKU 20266 25 2013 •2013O M O 2014 •3Y O H OY o u T u b eY O H OYouTube1,100425,000 2015 •660 •11 2016 2017 • •2 0 1 7100,000• 2018 •720,000SKU 2019 •Biz Cloud Investments LimitedBeyond VenturesVehicle40,000,000 111 0 • •111211200% •3500,000•518,250,00015,031,101AA 1.IWS202120225 26(1)(2) Method King Limited(3) Triple Gold Enterprise Limited(4) Cell Rising Capital (BVI) Limited(5) EVO Fund(6)(7)(8)(9)(10) Adamczyk Alexis Thomas David20242 2(11) Rondouin Hugues Louis Gabriel(12)(13) Infinity Evergreen Limited(14)(15)(16)(17)(18)(19)(20)(21) 2022 22021/22 610B2C 2023 •22022/23 •313103•330•5•1 •10912,000•113P1P •4 3 •6A p p20AI •2AIYoho AI AssistantAIAI •113 •6K 1 1M U S E AJS E L E C TB e a u t y •8YOHO First399 OMO 9J SELECT 2026 •44009%5%200 •4JS E L E C TBeauty •6 •1,419,000 GMV855.6736.81,6343PGMV 20.8%523,0001393PGMV74.4%30.93P GMV2025331110.220259 3099.920263 3172.7 117.315.9% YOHO3P EBITDA30.4 25/260.0150.01525/260.03024/250.030 1P 1POMO1P OMO KOL1P 3P 3P3P 2026413P4009%5%2001% 3P 20223P J SELECT J SELECTJ SELECT J SELECT J SELECTSKU25/26K11 MUSEA20264J SELECT J SELECTOMOJ SELECT62,000OMO200 24/2525/260.9%2.3% 1. OMOJ SELECT J SELECTJ SELECT(jselect.com)Popcorn MallK11 MUSEA OMO OMO 20263 311,387,000 OMO 24/25753.825/26736.82.3% 25/26117.324/25118.124/2515.7%25/2615.9% 24/2568.125/2672.2 24/2532.625/2631.7 24/253.725/262.7 25/2619.424/2524.125/2613.7%24/2515.2% 25/2616.824/2520.525/262.3%24/252.7%24/25753.825/26736.8 20253 316.720263 315.520263 31320254 202533133.6202633141.9202633122202524 20263311.420253311.4 2022610 2025331190.21.419.2%2026331226.81.42025331174.52026331202.7 20253 3120263 3120263311.420253311.42025331202633125/261.724/253.9 202620253 31 202252655,000,0002.1074.720263 31202252650.5 202633124.2 (i)2028331(ii)2028331(iii)20273 31(iv)20283 31(v)20273 31(vi)20283 31 •••••••• OMO1P3P 1P 1P JSELECT1POMO J SELECT1P OMO1P 3P 3P140 3P3P1P 3PL3PL3PL JSELECTJSELECTJ SELECT 20263 319720253 31104 25/261.724/253.9 20263 312025 25/26 C220254 120263 31OMO32J SELECT12 ESG ESG OMO • • • • • • • • • • • • • • 22221066 • • • • • OMO 25/26398.2424/25425.320.005124/250.0055 (i)(ii)(iii) 25/261,041,950.2224/251,013,855.54J SELECT13.2924/2513.07 • • • • • • • • •LED • • • 3R 25/260.3724/251.5712.3724/2512.080.0001624/250.00018 • • (RPET) • • • • • • • 25/264.6424/251.2825/26 OMO OMO • 398.26 60.04 57 57282480487527485 • • • • • 25/26 20263 319724/25104 (1) 18.84%24/2534.07%29.31%24/2536.23%3021.43%24/2533.33%305024.18%24/2536.70%5025.00%24/2522.22%23.62%24/2535.00% (1)=+ =+ 100% == 509282 (B2C)ESG 2024/25 Y Incubator YIncubator Y Charity Y Charity10,00088 • 2025 YohoJ SELECTyohohongkong.comjselect.com 486362 201 (I) 19. (a)(i)(ii)(iii)(iv)374035 (b) (i)(ii) (II) 20. (a)(b)(c)(d) 21. (a)(b) 22. (a)(i)(ii)(iii)(iv)3740 (b)22(a) 23.22(a) 24. (a)(b)24(a) 25. (a)(i)(ii)(b) 26. (a)(i)(ii)(iii) (b)(i)(1)(2)(3)(4)(5)(6)(7)(ii)(iii) (III) 27. (a)(i)(ii)(iii)(iv)(v)(vi) (b)(c) (IV) 28. (a)1(b)2(c)3 29. (a)2004(b)(i)(ii)(iii)(c)28(b)22(d)28(c)33201133 30. 31. 32. 33. 34. (a)(b) 35.19(a)(iv) 36.S2 37.(a)(b) (a)(b)(c)(d)(e)(f)(g)(h) 38. 39.40.3739(a)(b)123(c)(d)(e)(i)(ii)(iii)(iv) 41.2126 37 38(i)2835(ii)36 402013OMO1820132008201320112013 422013OMO132012O2OUsamimi International Limited2009• 522021520216201720.HK688213.SHPreneticsPREYOHO2347.HKHKTaxi2021Uber2018 199919999201892014VNET1995619998LinkAGE Online1998PSINet199712 62202252020102021966832000320043SOHU2004420066JRJC20136201910571919912(Columbia University)19857 54202372011720201200482011620166201810201662019121994620046(University of British Columbia)202061776000776 40202252020420091020157201592016120161201911GOGOXGOGO Tech Limited20091120133 C1 C.2.1 C3 9698 4(i)(ii) C.2.1 C.2.1(i)(ii)(iii) OMO 3.10(1)3.10(2)3.10A 3.13 2023610 20236 102023731 AB 2 E.1.2(c)(ii) 20263 31 33.3%242.9%39 3095 ••••3.13•• (i)(ii)(iii) (iv) (v) (i)(ii)(iii) A.2.1 (i)(ii)(iii)(iv)(v)(vi) The Mearas Venture LimitedThe Mearas VentureThe Wings VentureYo Cheers (BVI) LimitedYoCheers (BVI)20225 18 143146 • 3.0520237313.2915 12.3 2121 15 1617is-enquiries@vistra.com(852) 2980 1333(852) 2810 8185 336602info@yohohongkong.com(852) 3001 1077(852) 3011 3130 20268 2621 www.yohohongkong.com (a) 20243282.07A(a)(b)(c)(d)(e)(f)(www.hkex.com.hk)(www.yohohongkong.com)(i)(ii)(www.yohohongkong.com) (b) (c) (d) (e) info@yohohongkong.com336602 (f) 20258 2920258 29 22POBox