00475 年 報2025/26 235161942596465676870154 Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 浩 Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3, Building D,P.O. Box 1586,Gardenia Court, Camana Bay,Grand Cayman, KY1-1100,Cayman Islands 慤1617 www.475hk.com 178222202 475 104.9228.1LNG LNGLNG 浩 104.9228.1 221.3101.9 4,2650.1% OPEC+ 4.69815.56.7% 6.856.0%3.0 104.9228.154.0% 221.354.0%101.9 6.856.0%3.0 97.2216.855.2%11.37.632.2% 5.22.649.6% 2.86.30.68.51.614.91.7 0.20.5 2.62.216.8% 21.419.210.4% 16.816.51.7%0.22.56.68.48.84.10.10.20.81.5 0.50.7 0.71.1 19.225.935.1%6.044.79 34.91.926.90.7 23.617.06.64.40.10.34.54.426.9 14.36.976.314.87.973.661 44.544.2 18.130.83.1%3.95%3.95%4.5%3.013.515.117.377.0%259.6%) 0.487,500,00035.0 50.52%14A 87,500,00017.51% 123.2110.98%8%3.912.9 35% 35%52,000,00014A 35% 35% 52,000,00035%0.7470,270,270 35%45.42.11.7 215.8263.8192.2252.089.1%95.5% 3.110.64.96.676.373.618.130.8 6364 浩52 5360012060079781068167GEM 54 55CEO25 5020 681160123313281809000048600918002811157833772611601211 571088601088 5835 C1 C3 浩16183.103.10AC.1.8 3.09D 3.133.13 ••••• • •••• 14 浩 C.1.4 浩ABABABABAB A B C.2.1 C.2.1 1. 2.3.4. 5.6.7.8.9.10.11.ESG12.13.14. 12 1.2.3.4.5.6.7.8. E.1.5 1,000,0001,000,0011,500,000 12(i)(ii)(iii) (a)(b)(c) (a)(b)(c)(d) (a)(b)(c) (i) (ii) (iv) (v) 1.2.3.4.5.6.7.8. (i)(ii)(iii)(iv)(v)(vi)(vii)(viii) A.2.1 58.7%41.3% (i)(ii)(iii)(iv)(v)(vi)(vii)(viii) •• 3.2915 622 5963 1 2 3 4 ••••• •••••• ••• •• •(http://www.475hk.com)• ••• 58 85178222202 13.51(2)13.73 178222202 396 13.91C2 3233 64153 1617 154 15 2413.19 39 29 30.25%13.93%80.80%43.97%5% 浩 13.51B(1) 13.51B(1) 1160 200,00015,000 36622486 352 (1)3,453,000XV50%204,718,000100%87,500,000(2)(3) XV352 10,430,0002.09%30 38,756,40010%7.76% 38,756,400 (1)(2)0.5740.520(3)0.6360.610(4) (1) (2) (3) 10%33,815,400338,154,0006.77% (4) 1% (5) (6) (7) (8) 2810 (9) (a)(b)(c) (10) 10 (1) (2) (3) 10%38,756,400387,564,0007.76% (4) 1% 0.1% (5) (6) (7) 12 (8) 10.00 (9) (a)(b)(c) (10) 107 52,000,0000%30.7470,270,270 35% XV235%336 1.50%50% 2.3,453,000XV50%204,718,000100%87,500,000 3.2,736,000XV50%204,718,0004.5.6.100% XV235%336 35%A36AA14A 13.2013.21 13.22 31 3.13 浩 64153 76,328,000556,000 17• • • • • • P06294 a. b.Effective Success Limited51%1 1. Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands178222202 39 2. 21 2. 97197110283111212182192 123 18 1811187733 1818 3. 3.1 21623636 3. 3.1 ••• 3.2 ••• 3. 3.2 3. 3.2 (i)(ii)9 3. 3.2 3. 3.2 16 12 •••• 3. 3.2 9 ••••• 3. 3.2 9 3. 3.2 3636 9 3. 3.2 3. 3.2 3. 3.2 3. 3.2 3. 3.2 3. 3.2 1212 3. 3.2 1515 • • 3. 3.2 9 9 121212 12 3. 3.2 9 ••••• 30 3. 3.2 9 90 (a)(b)(c)(d) 3. 3.2 9 3. 3.2 3. 3.2 3. 3.2 4. 3.2 76,328,00073,573,000 4. 2,137,0002833 3321 (1)(2)(3) 5. 5. (i) (ii) (a) 5365 (b) 5. (iii) 15 6. (i) (ii)i)ii)iii) 3.2 6. 6. 6. 6. 6. 10% 210% 7. 8. 9. 10. 201772,000,0008.25%2,000,00016.5%16.5%16.5% 25% 10. 11. 12. 12. (i) (ii)(iii)燑(iv)(v) 12. 13. 14. 4,871,0006,568,000 323 269,0001,345,000293,0001,421,000 16. 159,0002,740,000173,0002,803,00014,00063,000 17. 5858 17. 18. 35%52,000,00049%28 50%35%35% 35% 1,718,000 20. 21. 301805365 21. 33 22. 0.001%0.05%0.001%0.2% 23. 23. 24. 3.10%3.95%3.95%4.50% 84,269,00090,716,000 25. 18,935,000132,00011,009,00018,715,0002,831,0004,429,000 2,041,000171,000 10,000,000148,0001,640,00021,000 26. 49,541,00050,413,000 6,659,00016,781,0008%991,0001,774,00012,831,000 27. 42,506,00040,187,00031,377,00029,197,0005,271,0006,348,000 3,408,0005,289,000 263,000494,000 28. 50%1952,000,000 28,000,00024,000,000 22.9% 1,718,000 29. 0.4087,500,00035,000,00042,000,00035,000,000 30. 10.00 30. 30%121%121% (a)(b)(c) 29,787,0000.574 0.5740.5743.2%0%68%10 6,041,000 30. 30. (b) 30. 31. 800,000789,000 32. 2425 26 28 33. 33. 33. 25%1,020,000465,000 5%68,00064,000 33. 33. 33. 76%94%91%99% 1,035,0005,555,000 3,765,0003,616,000 33. 1212 33. 33. 33. (i) 28 (ii) 34. 656,000 35. 2,299,0005,056,000132,000769,000 36. (a)35,000,00029(b)35%52,000,0001,718,0001928(c)5,663,000 (a)(b)14A 36. 12 37. 38. (a)159,0002,740,000173,0002,803,00014,00063,000 347,000351,000 (b)2,831,0004,429,000171,000 2,631,0002,190,000395,00012,831,000 39. 39. (1)(2)(3)(4)50% 40. 40. 40. –197(3)(45)(3)152(2)78(1)74(3)152(2)5(2)4(4)9(4)83(3)78(7)161–– 40. 34,82242,87653,91653,873(16,547)(29,047)(2,537)(2,254)69,65465,44834,13132,070 40. 41.