建生国际2025/2026年报

238182236424344464850119120 728K11 ATELIER Kings Road 8 Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10, Bermuda 6818 Appleby Global Corporate Services (Bermuda) LimitedCanons Court, 22 Victoria StreetPO Box HM 1179Hamilton HM EX, Bermuda 18317 http://www.pioneerglobalgroup.comhttp://www.irasia.com/listco/hk/pioneerBloomberg224:HKReuters0224.hk PullmanBangkok Hotel G Travel + LeisureCondéNast TravelerVirtuoso 222,800,000239,900,0007.1% 147,700,000166,700,00011.4%63,700,000109,300,00030%18,700,000149,300,0002,100,00034,000,00048,500,00064,300,00096,400,000120,400,00059,400,000163,300,00052,300,000161,700,000 6860%74%81%88,800,00094,200,0002,000,00017,000,000 100%92%47,200,00051,000,0005,000,000 115-119100%100%20,500,00021,000,0004,500,000 68%76%42,500,00044,000,0001,000,0007,000,000 (7.7%)80%80%12,400,0008,500,000 0.9%76% 74%19,500,00027,600,000 (4.0%)29,000,00036,700,000 30%4971,022,600,000840,700,000250,500,000131,500,00067%51%281,500,000321,400,00083,400,000313,800,00018,700,000149,300,000 PullmanBangkok Hotel G49.5%522,700,000122,800,000588,300,000132,700,000180,800,00042,500,000213,600,00048,200,00067%83%Pullman Pattaya Hotel G49.5%Pullman Bangkok Hotel G424,400,00099,700,000437,300,00098,700,000149,900,00035,200,000157,200,00035,500,00079%80%32,600,00032,300,000 500 2,223,100,0002,281,000,0001,430,000,000830,000,000 447,600,000218,400,000406,200,000197,700,000141,600,000129,500,000 388,400,000389,600,00050,000,00050,000,000 7,777,000,0007,780,000,0002,223,100,0002,281,000,000 2,223,100,0002,281,000,000721,400,00057,900,0001,501,700,0002,223,100,0004.06%4.88%20.4%21.0%16.8%17.4% 1,879,800,0001,879,800,000 32166 42 2.0 183171712-1716 (a) (b) 1,298,043,0001,288,854,000 30 120 15 32 21 27%27%9%10%30%30% 10.18%Gaw Capital Advisors Limited95%Gaw Capital Advisors Limited14A 5% 8283 (a)XV78(b)352(c)XV 1Forward Investments Inc.Intercontinental Enterprises Corp.Vitality Holdings Ltd.283,200,215215,768,26029,714,7312Rising Crescent Enterprises LimitedTop Elite Company Limited43,246,86312,771,6523Eternity Rich Investments Ltd.Eternity Rich Investments Ltd.20,699,2164Time Legend International LimitedTime Legend International Limited1,749,0005United-Asia Enterprises Inc.33.8%United-Asia Enterprises Inc.8,401,2766504,6587Argyle Street Management Holdings LimitedASMH (Cayman) LimitedArgyle Street ManagementHoldings LimitedASMH (Cayman) Limited1,156,000 (a)XV78(b)352(c)XV XV23336 Asset-Plus Investments Ltd.Forward Investments Inc.Intercontinental Enterprises Corp.Prosperous Island Limited 1Forward Investments Inc.283,200,2152Intercontinental Enterprises Corp.215,768,260 XV23336 12029 (a) (b) (c) 1818 396,000250,000 28 2235 Treasure Spot Investments LimitedTreasureSpotGaw Capital Advisors LimitedGCALGaw Capital Asset Management (HK)LimitedGCAMTreasure Spot676,480GCAL681819132,755GCAM6810Treasure SpotGCALGCAMTreasure Spot507,360GCAL113,790GCAM Treasure SpotGCAMTreasure Spot114,444117,810121,17668151505 GCALGCAM (i)(ii)(iii) 300074014A.56 2814A Downtown Properties HoldingsWhartonBusiness School Dusit Thani Public Company LimitedHome Inns Hotels andManagement IncSiam Food Products Public Company LimitedBrownUniversityGoldman, Sachs& Co. PEREPEREPERE 10050Time Auction GEM GEMGEMJapan Residential AssetsManager LimitedSaizen REIT Rutgers UniversitySt. Johns University Argyle Street Management LimitedTIH LimitedOUE LimitedPT Lippo Karawaci TbkLazard Asia LimitedLazardLazardGoldman, Sachs & Co.Palmer Scholar C1 3.10(A)1821 3.10 3.13 1/11/11/11/1 13 4/44/44/44/4 7:21:2 1/11/11/11/1 3641 700,000660,000 C3 15 Victoria Place, 5th Floor, 31 Victoria Street, Hamilton HM 10, Bermuda 100(a)(b)1,000 Victoria Place, 5th Floor, 31 Victoria Street, Hamilton HM 10, Bermuda info@pioneerglobalgroup.com (i)(ii)(iii) www.pioneerglobalgroup.comwww.irasia.com/listco/hk/pioneer 42118 Supreme Key 162,410,318,00022%SupremeKey LimitedSupreme Key1,744,283,00016% Supreme Key • Supreme KeySupremeKey Supreme Key 90 • • • • •• P06143 1. 3216 2. (a) 21 2. (b) 97297210281112183213 123 97 9 2. (b) 97 7 18 1811187733 1818 3. 369,398,000 (a)388,359,00050,000,0001,713,000,000 (b)663,500,000 3. 216236 4. (i) (ii) (iii) 4. 28 3636 4. 992828 30 4. 20% 16 4. 15 9 4. 15 4. •• 3 ••• 4. (i) (ii) (iii) 4. 9 121212 12 (i) 4. (i) 30 (ii) 90 4. (iii) (a)(b)(c)(d)(e) (iv) (v) 4. (v) • • • 4. • • • 4. 4. 4. (ii)15 (iii)15 (iv)15 4. 4. 4. (a)(i)(ii)(iii) (b) (i)(ii)(iii)(iv)(v)(vi)(a)(vii)(a)(i)(viii) 5. 4 5. 7,855,214,0007,857,288,000 14 183,360,000236,308,00017 6. 8 (i) (ii) 6. 200,52322,258222,781 6. 6. 6. 6. A1 *22,941 1*10% 7. 2615 8. 9. 10. 2,000,0008.25%2,000,00016.5%16.5%2,000,0008.25%2,000,00016.5% 10. 11. 2.0 12. 52,289,000161,696,0001,154,038,6561,154,038,656 13. 13. (a) a1,509,0002,303,0001,476,0002,226,000 b (b) 13(a) 14. 866,