H&H国际控股二零二六年中期报告

Health and Happiness (H&H) International Holdings Limited(Incorporated in the Cayman Islands with limited liability)( Stock Code1112) Laetitia Marie Edmee Jehanne Albertini*Mingshu Zhao Wiggins Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 18404007-09 18404007-09 www.hh.global 1 *Laetitia AlbertiniLaetitia Albertini 97927 Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia CourtCamana BayGrand Cayman, KY1-1100Cayman Islands 183171712-1716 *EBITDAEBITDAEBITDA308.657.610.0 **EBITDA308.667.6224.4 (H&H) •23.7%60.2%EBITDA71.9%EBITDA21.8% •13.9% •58.0%45.2%314.8%20.6%1 •4.8%16.5% •103.452.0520 0.82 13.9% 20.5%(i) Swisse(ii)(iii)mega-brandSwisse PlusLittleSwisseSwisse PlusLittle Swisse18.6%60.2% 57.5%Swisse234.2%20.9%81.7%Swisse3 12.2%SwisseSwisse Magnesium GlycinateSwisse48.3% 20.5%7.8%32.6%Swisse Nutra56 58.0%3.5%720.6%14.8%8 331268.8%41.8%9 41.8%57.9%10 4.8% 16.5% Zesty Paws16.7%ChewyPetSmartPetcoTractor Supply Target Pet Supplies Plus MenardsZesty PawsSolid Gold6.3%Zesty PawsSolid Gold23,0004,000 Solid Gold46.5% 102.053.45300 2097.8% 330 Swisse 3 Zesty PawsSolidGoldSolid Gold 23.9%23.7%18,695.9213.3%60.2% 30.9%74.3%70.3% 20.5%73.0%Swisse57.5%34.2%20.9%18.9%81.7%18.3% 47.7%58.0%3 0.9% 37.7%Solid Gold46.5% 15.5%11.0% Zesty Paws16.7%ChewyTikTokPetSmartPetco Tractor Supply Target Pet Supplies Plus Menards Solid Gold6.3% 12.2%SwisseSwisse Magnesium Glycinate8.6%83.7%16.3% 16.8% 5,686.029.5%62.5%65.4% 67.5%70.2% 57.3%61.5% 58.7%61.1% 36.311.27.5 15.0%3,315.541.1%38.1% 1,639.813.8%41.9%41.3% 34.6%34.3%7.3%7.0% 1,163.622.2%38.1%32.0% 14.2%11.0%23.9%21.0% 512.04.4%45.4%47.0% 13.2%21.3%32.2%25.7% 398.511.4%443.85.7%5.1% 404.1107.9154.982.437.9 12.5%1.4%1.2% 154.9(i)87.5(ii)45.7(iii)21.7 82.4 37.9New H2 Limited EBITDAEBITDA EBITDA1,891.971.9%EBITDA15.7%21.8%EBITDA EBITDA1,033.153.3%1,583.3 EBITDAEBITDA EBITDAEBITDA EBITDA * (1)154.974.0(2)82.4(24.4)(3)37.9(5.5)(4)33.413.5 * (5) EBITDA *10 579.546.2%311.9(i)307.112.6%(ii)4.9 236.4293.319.4%45.65%5.96% 235.3120.1%517.940.0%36.0%76.8%45.9% *10 EBITDA 1,695.11,891.1196.0EBITDA100.0%17.9(i)234.3(ii)37.1(iii)16.0(iv)202.761.4 112.138.480.27.5 1,366.51,388.0271.4250.0 1,976.5 7,581.61,803.0(i)5,069.51,308.5(ii)2,098.580.9(iii)413.6 45.8%38.9%3.452.0512 5EBITDA6 30903090 27206362 131118136107122113142166 56EBITDA 320.07300 Biostime Healthy Australia Pty LtdBHA BHABHABHA19 BHABHA(i)234.5(ii)55.2(iii)117.3 BHABHABHA104BHA BHABHA234.5208.1117.3104.0 Biostime Healthy Australia Pty LtdBHA BHABHABHA BHABHABHA 0.8250% C1 C3 3.213.22 Laetitia AlbertiniLaetitia Albertini (a) (b) (c) (d) (e) (f) 10250 18191903 1906 www.hh.globalIR@hh.global D2 2410 (i)(ii) 10 51,486,13551,986,135 51,986,1358.05% (a)(b) (i)(ii) 10% 61,488,46761,488,467 57,808,8948.95% 1,634,1690.25% 3,672,2710.57% 571XV352C3 (1) 2 3Coliving Holdings LimitedColiving Limited57.25%Coliving Holdings LimitedColiving Limited Coliving LimitedFlying Company Limited78.00%Coliving LimitedFlyingCompany Limited UBS Trustees (BVI) LimitedUBSNominees LimitedFlying Company Limited (2) XV352 XV23336 1Coliving Holdings LimitedColiving Limited57.25%Coliving Holdings LimitedColiving Limited Coliving LimitedFlying Company Limited78.00%Coliving LimitedFlyingCompany Limited UBS Trustees (BVI) LimitedUBSNominees LimitedFlying Company Limited 2645,561,354 XV23336 13.51B(1) 150,000,000749,735,000 150,000,000 Biostime Healthy Australia Investment Pty LtdHealth and Happiness (H&H)US International Incorporated(i)(ii)560,000,000 540,000,000 Biostime Healthy Australia Investment Pty Ltd(i)320,000,000(ii)10,000,000330,000,000 13.2013.21 13.22 0.820.1950% 183171712-1716 (H&H) 3876(H&H)343434 2410 34 97927 1. (H&H)Cricket Square,Hutchins Drive, P.O. Box 2681, Grand Cayman KY1–1111, Cayman Islands Coliving Holdings Limited 2. 34 3 3. 979711 179107 (a)97 (b)97 (c)111779107 4. (a)(b)(c)(d)(e) 4. 4. 4. (a) 5. 5. 6. 7. ***# 8. 25%25% 15% 16.5%16.5%2,000,0002,000,0008.25%8.25%16.5%16.5% 8. 30%30% Biostime Healthy Australia Pty Ltd.BHA BHA BHA BHABHABHA 8. 9. (H&H)0.820.19459,612,000108,893,000 10. 610,629,00071,017,000641,778,731641,662,090 11. 28,788,00048,925,00025,710,00033,082,0002,684,000445,0002,244,0004,423,000 12. (a) 1,975,00076,593,00022,912,00019,989,000528,0003,289,000 (b) 1,975,00076,593,0004,871,0003,641,00023,057,00023,823,000535,0003,573,000 13. 14. 18,028,00016,951,000101,845,000100,517,00045,00071,452,00081,828,000 15. 16. (a)(b) 17. 18. 4,0004,000 20. 21. 22. (a)44,365,0007,445,00045,671,000 (b)2417,509,00040,470,00021,718,0005,707,000 (c) 1:1 43,461,00013,245,00026,633,0003,059,00060,867,00071,405,00024,735,0009,504,000 (a) (b) (c)1,798,361,0002,192,636,000152,180,000992,111,0003,532,547,0003,550,726,000 24. 300,000,0009.125% (i)(ii)(iii) 17,509,00040,470,0