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	<title>香港2026年3月17日 - 在地人新聞 LTVNews</title>
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	<title>香港2026年3月17日 - 在地人新聞 LTVNews</title>
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		<title>德林3.71億部署AI算力並啟動股份回購</title>
		<link>https://www.ltvnews.net/archives/181058</link>
		
		<dc:creator><![CDATA[美通社]]></dc:creator>
		<pubDate>Tue, 17 Mar 2026 13:20:00 +0000</pubDate>
				<category><![CDATA[美通社]]></category>
		<category><![CDATA[/美通社/]]></category>
		<category><![CDATA[德林控股（1709HK）3月16日發佈公告，宣佈變更此前配售事項所得款項中約371億港元未動用的資金用途。此次資金重新部署主要包括：投入1455億港元跨界佈局AI算力基礎設施以搶佔技術前沿；啟動117億港元股份回購以彰顯信心、優化資本結構。未來集團計劃將算力資產RWA化，持續拓展數字金融發展之路。]]></category>
		<category><![CDATA[香港2026年3月17日]]></category>
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					<description><![CDATA[<img width="400" height="187" src="https://i0.wp.com/www.ltvnews.net/wp-content/uploads/2026/03/DL_HOLDINGS_Logo.jpg?fit=400%2C187&amp;ssl=1" class="webfeedsFeaturedVisual wp-post-image" alt="德林3.71億部署AI算力並啟動股份回購" title="德林3.71億部署AI算力並啟動股份回購" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="" decoding="async" /><p>香港2026年3月17日 /美通社/ &#8212; 德林控股（1709.HK）3月16日發佈公告，宣佈變更此 [&#8230;]</p>
<p>〈<a href="https://www.ltvnews.net/archives/181058">德林3.71億部署AI算力並啟動股份回購</a>〉這篇文章最早發佈於《<a href="https://www.ltvnews.net">在地人新聞 LTVNews</a>》。</p>
]]></description>
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<p><span class="legendSpanClass">香港</span><span class="legendSpanClass">2026年3月17日</span> /美通社/ &#8212; 德林控股（<span id="spanHghltc2c3">1709.HK</span>）3月16日發佈公告，宣佈變更此前配售事項所得款項中約3.71億港元未動用的資金用途。<b>此次資金重新部署主要包括：投入1.455億港元跨界佈局AI算力基礎設施以搶佔技術前沿；啟動1.17億港元股份回購以彰顯信心、優化資本結構。未來集團計劃將算力資產RWA化，持續拓展數字金融發展之路。</b></p>
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<p>市場環境固然複雜多變，但德林始終保持戰略定力，不為短期波動所擾，以清晰的戰略節奏推進業務升級與資本優化。近期公司股價企穩回升、投資者信心逐步修復，正是市場對德林戰略方向與執行能力的積極回應。</p>
<p><b>一、1.455億港元佈局AI算力基礎設施，搶佔技術前沿</b></p>
<p>根據公告，德林控股審視市場環境及業務發展重點後，決定對配售事項約3.71億港元未動用資金進行策略性重新分配。<b>此次調整重點順應人工智能（AI）推理需求與高效能計算（HPC）的行業趨勢，將其中1.455億港元投入AI算力基礎設施及相關投資項目。</b></p>
<p>生成式AI應用的快速普及正催生對AI推理算力的持續增長需求。公司依托在數字資產及相關基礎設施領域的行業網絡與合作夥伴生態，探索參與AI推理及高效能計算（HPC）領域。尤其是，將利用現有電力資源、場址資源及數字資產基礎設施能力，把合適的挖礦及電力設施改造或部署為AI計算及推理導向型設施，並與領先的圖形處理器（GPU）供應商（包括英偉達級別推理硬件相關方）及生態夥伴接洽，支持模塊化、分階段部署AI推理算力。</p>
<p>自2025年下半年起，德林已收購超9000台高效能礦機，在美國、阿曼及巴拉圭部署海外礦場，總算力達約4 EH/s，已產出近200枚比特幣。<b>當前超9000台礦機持續運行，每天穩定產出近2枚比特幣，預計年底總產量將達到800枚。此次重新分配的1.455億港元，是一次基於現有資源的「延伸升級」，而非「業務轉向」——在保留挖礦基本盤的同時，將剩餘資金投向更具增長潛力的AI算力領域，構建「挖礦+AI算力」雙輪驅動的數字基礎設施佈局。</b></p>
<p><b>二、1.17億港元股份回購：彰顯信心，優化資本結構</b></p>
<p>公告的另一核心內容是，董事會計劃在未來12個月內，動用現行股份購回授權，在公開市場回購價值約1.17億港元的公司股份。資金將從未動用募資款項及公司其他現金儲備中撥付。</p>
<p>此次新回購計劃是德林控股持續運用股份回購工具的延續。公司此前已分別於2025年完成首階段股份獎勵計劃，從市場回購3000萬股股份注入員工獎勵信託；並於2025年11月宣佈啟動第二階段目標獎勵股池，計劃再從市場回購最多4000萬股，用於激勵集團董事、高級管理人員及員工。</p>
<p>德林控股董事局主席及首席執行官陳寧迪先生表示：<b>「此次資金重新部署，是德林控股基於對全球經濟與技術趨勢的深刻洞察，作出的戰略性選擇。我們為集團的長遠發展構建一個更具韌性、更富活力的業務矩陣，將讓德林面對不同市場週期時，都能保持從容與定力。」</b></p>
<p>德林控股的策略始終清晰而明確：通過將資金轉向AI算力中心建設，佈局AI時代的核心基礎設施，為集團長遠發展奠定基礎；同步推出的股份回購計劃，在股價被深度低估時，用真金白銀向市場傳遞最直接的信心。</p>
<p>一面投資「成長」，一面投資「價值」——德林控股正以雙輪驅動的篤定姿態，在為股東創造回報的同時，也為穿越週期積蓄持久動能。</p>
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<p>
新聞來源：PR Newswire</p>
<p>以上新聞投稿內容由PR Newswire 美通社全權自負責任，若有涉及任何違反法令、違反本網站會員條款、有侵害第三人權益之虞，將一概由PR Newswire 美通社承擔法律及損害賠償之責任，與LTVNews在地人新聞無關。</p>
<p>〈<a href="https://www.ltvnews.net/archives/181058">德林3.71億部署AI算力並啟動股份回購</a>〉這篇文章最早發佈於《<a href="https://www.ltvnews.net">在地人新聞 LTVNews</a>》。</p>
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            <post-id xmlns="com-wordpress:feed-additions:1">181058</post-id>	</item>
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		<title>閱文集團公佈2025年年度業績</title>
		<link>https://www.ltvnews.net/archives/181051</link>
		
		<dc:creator><![CDATA[美通社]]></dc:creator>
		<pubDate>Tue, 17 Mar 2026 08:42:00 +0000</pubDate>
				<category><![CDATA[美通社]]></category>
		<category><![CDATA[/美通社/]]></category>
		<category><![CDATA[中國領先的在線閱讀和版權（「IP」）培育平台閱文集團（「閱文」或「公司」，股份代號：0772HK）今日公布了截至2024年12月31日止年度的經審核綜合業績。]]></category>
		<category><![CDATA[香港2026年3月17日]]></category>
		<guid isPermaLink="false">https://www.ltvnews.net/archives/181051</guid>

					<description><![CDATA[<p>香港2026年3月17日 /美通社/ &#8212; 中國領先的在線閱讀和版權（「IP」）培育平台閱文集團（「 [&#8230;]</p>
<p>〈<a href="https://www.ltvnews.net/archives/181051">閱文集團公佈2025年年度業績</a>〉這篇文章最早發佈於《<a href="https://www.ltvnews.net">在地人新聞 LTVNews</a>》。</p>
]]></description>
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<p><span class="legendSpanClass">香港</span><span class="legendSpanClass">2026年3月17日</span> /美通社/ &#8212; 中國領先的在線閱讀和版權（「IP」）培育平台閱文集團（「閱文」或「公司」，股份代號：0772.HK）今日公佈了截至2025年12月31日止年度的經審核綜合業績。</p>
<p><b>業績摘要</b><b><sup>(1)</sup></b></p>
<ul type="disc">
<li>總收入為人民幣73.662億元（10.480億美元），2024年為人民幣81.211億元。<br />&#8211; 在線業務收入為人民幣40.470億元（5.758億美元），2024年為人民幣40.306億元。<br />&#8211; IP運營及其他收入為人民幣33.191億元（4.722億美元），2024年為人民幣40.905億元，主要是由於2025年影視劇項目受排播延期影響，上線數量減少所致。</li>
<li><b>按國際財務報告準則：<br /></b>&#8211; 經營虧損為人民幣8.045億元（1.145億美元），2024年為人民幣3.361億元。<br />&#8211; 本公司權益持有人應佔虧損為人民幣7.761億元（1.104億美元），2024年為虧損人民幣2.092億元，主要是由於確認了與新麗傳媒相關的商譽減值虧損人民幣18億元所致。<br />&#8211; 每股基本虧損為人民幣0.76元，每股攤薄虧損為人民幣0.76元。</li>
<li><b>按非國際財務報告準則</b><b><sup>(2)</sup></b><b>，</b>撇除若干一次性及/或非現金項目的影響，以反映核心業務的表現：<br />&#8211; 經營盈利為人民幣7.352億元（1.046億美元），2024年為人民幣9.854億元。<br />&#8211; 本公司權益持有人應佔盈利為人民幣8.585億元（1.221億美元），2024年為人民幣11.417億元。<br />&#8211; 每股基本盈利為0.84元，每股攤薄盈利為人民幣0.84元。</li>
</ul>
<p> </p>
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<p class="prnml4"><span class="prnews_span">(1)    以美元計價的數字基於1美元：人民幣7.0288元。<br />(2)    非國際財務報告準則撇除股份酬金、併購帶來的效應，如來自投資公司的減值撥備、虧損淨額和無形資產攤銷，以及相關所得稅影響。<br />(3)    本新聞稿所載若干金額數字已約整，因此若干總數未必等於分項數額的算數總和。</span></p>
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<p> </p>
<p>閱文首席執行官侯曉楠先生表示：「2025年，我們精品內容生態持續迸發活力，首次誕生了兩部均訂突破30萬的現象級作品，充分印證了好內容的強勁吸引力。同時，在IP運營業務方面，我們依託深厚的IP儲備，積極擁抱新型生產方式和前沿技術，成果斐然：不僅在影視、動畫等傳統優勢領域持續領跑，更是在快速崛起的短劇和AI漫劇等新領域取得開創性成果。我們的短劇精品化戰略成效顯著，爆款頻出；而AI漫劇業務實現了突破性開局——自2025年下半年推出以來，我們已上線近千部AI漫劇作品，其中超百部播放量破千萬，12部播放量破億，下半年收入則突破了1億元人民幣大關。與此同時，我們IP衍生品業務持續高速增長，全年GMV成功突破11億元人民幣，是2024年的兩倍多，創下歷史新高。</p>
<p>展望未來，我們正站在內容產業新一輪變革的起點，新業態不斷湧現、AI技術持續驅動生產方式快速迭代。在不斷鞏固文學、動漫等優勢生態的同時，我們也在積極布局和拓展短劇、AI漫劇等新興內容生態。面對AI技術浪潮，我們將繼續加大力度，全面賦能AI時代的創作者——而無論形式如何演變，好內容始終是我們的核心，這也是閱文的根基所在。我們擁有行業最豐厚的IP富礦、擁有最懂內容的創作者生態，如今更迎來了AI這一超級加速器，三者共振，正為精品IP打開全新的價值增長空間。我們將持續深化AI在創作輔助、精品製作、IP開發與全球化布局等核心環節的融合應用，推動閱文實現長期、可持續的高質量發展。」</p>
<p><b>財務回顧</b><b><sup>(3)</sup></b></p>
<p><b><i>總收入</i></b>為人民幣73.662億元（10.480億美元），2024年為人民幣81.211億元。</p>
<p>在線業務收入為人民幣40.470億元（5.758億美元），2024年為人民幣40.306億元，進一步的明細如下：</p>
<p>i)  自有平台產品在線業務收入同比增長0.9%至人民幣35.623億元（5.068億美元），主要得益於我們專注提升核心產品的運營，以及不斷生產高質量內容所致。<br />ii) 騰訊產品渠道在線業務收入同比減少22.3%至人民幣1.906億元（2,710萬美元），主要是由於我們持續優化騰訊產品渠道內容分發機制，將更多內容優先通過我們的核心付費閱讀產品進行分發，從而導致廣告收入減少。<br />iii) 第三方平台在線業務收入同比增加15.7%至人民幣2.942億元（4,190萬美元），主要是由於擴展與第三方分銷合作夥伴的合作所致。</p>
<p>IP運營及其他收入為人民幣33.191億元（4.722億美元），2024年為人民幣40.905億元。</p>
<p>i)  IP運營收入同比減少20.0%至人民幣31.916億元（4.541億美元）。該減少主要是由於受排播延期影響，2025年上線的影視劇項目數量下降。而另一方面，IP衍生品、短劇及AI漫劇等多項新業務發展迅速，尤其是IP衍生品業務在2025年GMV超過了人民幣11億元，較2024年的人民幣5億元增長逾兩倍；我們的AI漫劇業務也在2025年下半年創造了逾人民幣1億元的收入。<br />ii) 其他收入同比增加28.4%至人民幣1.275億元（1,810萬美元）。該等收入主要來自紙質圖書的銷售。</p>
<p><b><i>收入成本</i></b>同比減少5.5%至人民幣39.694億元（5.647億美元），主要是由於影視劇製作成本下降，與年內影視劇上線作品減少導致收入下降相符。</p>
<p><b><i>毛利</i></b>為人民幣33.968億元（4.833億美元），2024年為人民幣39.219億元。毛利率為46.1%，2024年為48.3%。</p>
<p><b><i>銷售及營銷開支</i></b>同比減少11.1%至人民幣20.110億元（2.861億美元），主要由於影視劇項目上線節奏放緩，導致相關市場推廣及營銷開支減少。銷售及營銷開支佔收入的百分比2025年為27.3%，而2024年為27.8%。</p>
<p><b><i>一般及行政開支</i></b>同比減少11.9%至人民幣10.073億元（1.433億美元），主要由於僱員相關開支減少。一般及行政開支佔收入的百分比2025年為13.7%，而2024年為14.1%。</p>
<p><b><i>其他虧損淨額</i></b>為人民幣12.458億元（1.772億美元），2024年為人民幣9.739億元。2025年的其他虧損淨額主要來自於新麗傳媒相關的商譽減值虧損人民幣18億元，並部分被若干投資公司帶來的收益所抵消。</p>
<p><b><i>利息收入</i></b>同比減少6.4%至人民幣1.670億元（2,380萬美元）。</p>
<p><b><i>金融資產減值虧損撥備淨額</i></b>為人民幣1.041億元（1,480萬美元），主要反映了與IP運營業務有關的應收款項壞賬撥備。</p>
<p><b><i>經營虧損</i></b>為人民幣8.045億元（1.145億美元），2024年為虧損人民幣3.361億元。<b><i>按非國際財務報告準則計量，經營盈利</i></b>為人民幣7.352億元（1.046億美元），2024年則為人民幣9.854億元。</p>
<p><b><i>所得稅開支</i></b>同比增加44.7%至人民幣1.601億元（2,280萬美元），主要由於應稅盈利增加所致。</p>
<p><b><i>本公司權益持有人應佔虧損</i></b>為人民幣7.761億元（1.104億美元），2024年為虧損人民幣2.092億元。<b><i>按非國際財務報告準則計量，公司權益持有人應佔盈利</i></b>為人民幣8.585億元（1.221億美元），2024年的盈利為人民幣11.417億元。</p>
<p><b>主要經營資料</b></p>
<p>&#8211;        自有平台產品及騰訊產品自營渠道的平均月活躍用戶為1.378億，2024年為1.666億。月活躍用戶的進一步明細如下：</p>
<p class="prnml40">i)  自有平台產品的月活躍用戶同比保持穩定為1.041億，2024年為1.038億。</p>
<p class="prnml40">ii) 騰訊產品自營渠道的月活躍用戶為3,370萬，2024年為6,280萬，主要由於公司持續優化運營效率，將內容分發更集中於核心付費閱讀產品，從而導致免費閱讀渠道的活躍用戶減少。</p>
<p>&#8211;        自有平台產品及騰訊產品自營渠道的平均月付費用戶為900萬，2024年為910萬，主要由於本年度推廣活動增多，導致部分低付費用戶在參加活動後被歸類為免費用戶所致。<br />&#8211;        付費閱讀業務的每名付費用戶平均每月收入由2024年的人民幣32.0元同比增加2.8%至人民幣32.9元，主要由於小額付費用戶數量佔比下降所致。</p>
<p><b>其他關鍵信息</b></p>
<p>&#8211;        EBITDA為人民幣4.774億元（6,790萬美元），2024年為人民幣7.293億元。經調整EBITDA為人民幣6.140億元（8,740萬美元），2024年為人民幣9.231億元。<br />&#8211;        截至2025年12月31日，公司的淨現金為人民幣94.360億元（13.425億美元）。</p>
<p><b>業務回顧</b></p>
<p><b><i>IP</i></b><b><i>創作</i></b></p>
<p>我們的在線閱讀精品內容生態保持了強勁的勢頭。2025年，我們平台吸引40萬新作家入駐，誕生超80萬本小說，新增字數達到420億，為優質內容提供源源不斷的活水；旗艦平台起點讀書APP新增均訂過10萬的作品同比增長40%，並首次誕生兩部突破30萬均訂的現象級作品，頭部創作能力實現跨越式提升；新生代作家展現驚人的商業潛力，新簽約作家中95後佔比達70%，年入百萬的00後作家數量激增150%，為未來IP儲備注入強勁動能；我們的社區也更加活躍，2025年平台上超10萬收藏作品增長80%，獲得超萬月票的作品增長20%。</p>
<p><b><i>IP</i></b><b><i>可視化</i></b></p>
<p>2025年，閱文在影視、動畫等傳統優勢領域保持了優異表現，IP霸榜各大榜單。更重要的是，在短劇、AI漫劇等新賽道上，我們利用自身豐厚的IP儲備，積極擁抱新的生產方式和技術，取得了不俗進展，並為未來「IP+AI」的創作生態打造積累了豐富經驗。</p>
<p>在精品影視領域，2025年有多部閱文IP改編的頭部電視劇上線，包括《凡人修仙傳》《國色芳華》《異人之下之決戰！碧遊村》等，播出時均位居平台熱度榜首位。根據雲合數據，2025年上新長劇累計有效播放霸屏榜前10位的作品中，有5部改編自閱文的IP。同時，我們的自製精品劇《掃毒風暴》在騰訊視頻播出，熱度值突破28000並獲得了多家主流媒體的點讚。2026年年初，我們也上映了電視劇《年少有為》和《除惡》，均獲得了口碑與熱度雙豐收。</p>
<p>在動畫領域，《鬥破蒼穹》《星辰變》《鬼吹燈》等系列續作穩居平台熱播榜前列。根據雲合數據，2025年全網動漫播放霸屏榜TOP10中，高達9部作品改編自閱文的IP，彰顯了我們在動畫領域的絕對領先地位。</p>
<p>閱文IP改編作品的品質獲得行業高度肯定，《大奉打更人》《詭秘之主》等多部IP改編的影視和動畫作品在2025年騰訊視頻金鵝榮譽活動中斬獲多項大獎。</p>
<p>在短劇領域，2025年我們上線短劇超過120部，精品化戰略成效顯著，爆款頻出。其中，標杆項目最高流水突破8000萬，位列雲合數據2025年全網累計有效播放霸屏榜第4位，全網播放量超35億。我們已從擅長的現代言情題材，拓展至男頻、年代劇、古裝等多領域，構築起多題材、高品質、長生命周期的精品內容矩陣。短劇領域的成功，核心依託於閱文豐富的IP儲備庫、強大的創作者陣營以及深厚的IP全產業鏈開發能力。我們也在通過戰略投資的方式進一步擴大短劇布局，持續鞏固在精品化競爭中的獨特優勢。</p>
<p>在AI漫劇領域，我們積極發力，推出了四大舉措來構建漫劇生態：</p>
<ul type="disc">
<li><b>IP</b><b>資源：</b>我們主動開放了IP資源庫，其中既有年度前十的頭部作品，也有各類題材供創作者挑選；</li>
<li><b>創作扶持：</b>設立了億元專項創作基金，支持作家跨界嘗試和優質團隊的開發；</li>
<li><b>技術賦能：</b>我們推出了「漫劇助手」等AIGC工具，從內容理解到素材製作提供全流程支持，顯著提升改編效率；</li>
<li><b>產業協同：</b>我們打通了製作、發行及IP聯動的全鏈路扶持，力求打造一個開放、高效、共贏的漫劇生態。</li>
</ul>
<p>上述舉措共同推動了我們AI漫劇業務的快速發展，自2025年下半年正式開展該項業務以來，AI漫劇收入已突破1億元人民幣，展現了強勁的發展勢頭和巨大的市場潛力。</p>
<p><b><i>IP</i></b><b><i>商品化和變現</i></b></p>
<p>2025年我們的衍生品業務實現了歷史性的突破和系統性的布局深化，整體GMV突破11億元人民幣，是2024年的兩倍多。這一成績由產品、渠道、運營和生態四大核心引擎強勁驅動：</p>
<ul type="disc">
<li><b>產品：</b>我們的設計能力和供應鏈效率持續提升，出品速度與品質達到行業首屈一指水平，並成功開拓了貴金屬、搪膠毛絨、箱包服配等新品類和一番賞等新玩法。</li>
<li><b>渠道：</b>我們完善了「自營直播間+電商旗艦店+小程序」的自營電商矩陣，並持續向全國十大核心城市拓展線下自營門店，同時携手超一萬家渠道，深度觸達用戶的生活和消費場景。</li>
<li><b>運營：</b>我們圍繞多個頭部IP打造系列線上線下活動，強化IP影響力和粉絲黏性。</li>
<li><b>生態：</b>我們堅持「IP+消費」戰略，與200多家頭部消費品牌達成授權合作，將IP滲透至多元生活場景。</li>
</ul>
<p>在遊戲領域，我們持續將優質IP授權給合作夥伴進行開發，頭部項目如《鬥羅大陸獵魂世界》在2025年暑假上線後實現了首月流水破3億元人民幣的好成績。多款新遊戲也已取得版號，如《鬥破蒼穹》《鬥羅大陸》《異人之下》《詭秘之主》《道詭異仙》《凡人修仙傳》等，未來將陸續上線。</p>
<p><b><i>新技術領域的探索</i></b></p>
<p>2025年，我們在內容生產的全產業鏈深度融合AI技術，並逐步構建起一套覆蓋IP生命周期的AI解決方案：</p>
<ul type="disc">
<li><b>網絡文學：</b>「作家助手」全新升級，集成了AI「妙筆通鑒」智能引擎，可以實現對千萬字級網文的深度理解與實時分析，為作家提供輔助創作支持，目前該工具已經正式向全行業開放。</li>
<li><b>IP</b><b>改編：</b>我們推出了「版權助手」工具，它能夠深度挖掘閱文百萬部作品庫，並精準鏈接下游需求，顯著加速優質IP篩選與開發進程。</li>
<li><b>AI</b><b>漫劇：</b>我們推出的「漫劇助手」工具，接入了多家領先的多模態大模型，支持從文本到畫面的全流程工業化生產，顯著提升了改編效率並大幅降低了漫劇的製作門檻。</li>
<li><b>全球化拓展：</b>AI翻譯大幅提升了中文作品的國際化發展。截至2025年底，WebNovel平台累計的AI翻譯作品總數已超17,000部，收入同比增長39%，貢獻了平台超三分之一的總營收，成為海外市場增長的重要動力。</li>
</ul>
<p>我們堅信IP與AI的協同將持續推動內容產業前行。IP是靈魂，AI是引擎，技術的價值是讓好故事的價值被最大化釋放。從對AI漫劇等新場景的前瞻布局，到系統性提升IP開發效率和價值空間，我們正在打造的「IP+AI」創作生態，將成為放大好內容價值的系統級引擎，推動閱文實現長期、持續的增長。</p>
<p><b><u>關於閱文集團</u></b></p>
<p>閱文集團致力於建立廣泛而優質的華語IP宇宙。公司培育和開發的核心IP及衍生覆蓋文學、動漫、影視、遊戲、短劇、AI漫劇等多樣化的數字娛樂形態，並努力和線下真實生活融合，滿足用戶全面精神需求。閱文集團旗下囊括起點讀書、QQ閱讀、新麗傳媒等業界知名品牌以培育和開發IP，並與股東兼戰略合作夥伴騰訊以及第三方合作夥伴建立了廣泛的內容分發和IP合作。閱文集團已成功輸出包括《慶餘年》《鬼吹燈》《鬥羅大陸》《全職高手》《贅婿》在內的動畫、影視、遊戲、短劇、AI漫劇等領域的IP改編代表作。閱文集團龐大且豐富的內容庫和IP全產業鏈開發能力是其重要優勢。欲知更多訊息，可瀏覽：<a href="http://ir.yuewen.com/" target="_blank" rel="nofollow" style="color: #0000FF">http://ir.yuewen.com/</a>。</p>
<p><b><u>如有垂詢，敬請聯絡：</u></b></p>
<p>投資者/分析師聯絡：<br />Maggie Zhou<br />電話: +8621 6187 0500 轉 80605<br />電郵: <a href="mailto:IR@yuewen.com" target="_blank" rel="nofollow" style="color: #0000FF">IR@yuewen.com</a></p>
<p>媒體聯絡：<br />Vivian Wang<br />電話: +852 2117 0861<br />電郵: <a href="mailto:vivian.wang@christensencomms.com" target="_blank" rel="nofollow" style="color: #0000FF">vivian.wang@christensencomms.com</a></p>
<p><b><u>非國際財務報告準則財務計量</u></b></p>
<p>為補充根據國際財務報告準則編制的本公司綜合財務報表，若干非國際財務報告準則財務計量，即非國際財務報告準則經營盈利、非國際財務報告準則經營利潤率、非國際財務報告準則年內盈利、非國際財務報告準則純利率、非國際財務報告準則本公司權益持有人應佔盈利、非國際財務報告準則基本每股盈利及非國際財務報告準則攤薄每股盈利，作為額外的財務計量，已於本新聞稿中呈列，以方便讀者。該等未經審核非國際財務報告準則財務計量應當被視為對本公司根據國際財務報告準則編制的財務表現的補充而非替代計量。該等非國際財務報告準則財務計量或與其他公司所使用類似詞彙具有不同定義。此外，非國際財務報告準則調整包括本公司主要聯營公司的相關非國際財務報告準則調整，此乃基於相關主要聯營公司可獲得的已公佈財務資料或本公司管理層根據所獲得的資料、若干預測、假設及前提所作出的估計。</p>
<p>公司的管理層認為連同相應國際財務報告準則計量一併呈列該等非國際財務報告準則財務計量為投資者及管理層提供關於公司財務狀況及經營業績相關財務及業務趨勢的有用信息。公司的管理層亦認為，非國際財務報告準則財務計量有助於評估本公司的經營表現。本公司審閱其財務業績中或會不時包括或剔除其他項目。</p>
<p><b><u>前瞻性陳述</u></b></p>
<p><i>本新聞稿載有前瞻性陳述，其涉及市場及業務展望、預測業務計劃及本公司的增長策略。該等前瞻性陳述是根據本公司現有的資料，亦按本新聞稿刊及之時的展望為基準，在本新聞稿內載列。該等前瞻性陳述是根據若干預測、假設及前提，其中，若干部份為主觀性或不受公司控制。該等前瞻性陳述或會證明為不正確及可能不會在將來實現。該等前瞻性陳述之內大部分為風險及不明朗因素。該等風險及不明朗因素的其他詳情載於公司的其他公開披露文件和公司網站。</i></p>
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<p class="prnml4"><span class="prnews_span"><b>閱文集團</b></span></p>
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<p class="prnml4"><span class="prnews_span"><b>綜合虧損表</b></span></p>
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<p class="prnml4"><span class="prnews_span"><b>截至十二月三十一日止年度</b></span></p>
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<p class="prnml4"><span class="prnews_span"><b>二零二五</b></span></p>
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<p class="prnml4"><span class="prnews_span"><b>二零二四</b></span></p>
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<p class="prnml4"><span class="prnews_span"><b>（人民幣百萬元，除詳細說明外）</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>收入</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">在線業務<sup>(1)</sup></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">4,047.0</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">4,030.6</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">版權運營及其他<sup>(2)</sup></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">3,319.1</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen7" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">4,090.5</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>7,366.2</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>8,121.1</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">收入成本</span></p>
</td>
<td class="prngen8" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(3,969.4)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen8" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(4,199.1)</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>毛利</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>3,396.8</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>3,921.9</b></span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen9" colspan="1" rowspan="1" nowrap>
<p class="prnml120"><span class="prnews_span"><b><i>毛利率</i></b></span></p>
</td>
<td class="prngen10" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><i><b>46.1 %</b></i></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen10" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><i><b>48.3 %</b></i></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">銷售及營銷開支</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(2,011.0)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(2,261.0)</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">一般及行政開支</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(1,007.3)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(1,143.5)</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">其他虧損淨額</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(1,245.8)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(973.9)</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">利息收入</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">167.0</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">178.3</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">金融資產減值虧損撥備淨額</span></p>
</td>
<td class="prngen8" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(104.1)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen8" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(58.0)</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>經營虧損</b></span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>(804.5)</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>(336.1)</b></span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen9" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b><i>經營利潤率</i></b></span></p>
</td>
<td class="prngen10" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><i><b>(10.9 %)</b></i></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen10" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><i><b>(4.1 %)</b></i></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">財務成本淨額</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(12.7)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(1.8)</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">分佔聯營公司及合營企業盈利淨額</span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">200.8</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen7" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">239.0</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>除所得稅前虧損</b></span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>(616.3)</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>(98.9)</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">所得稅開支</span></p>
</td>
<td class="prngen8" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(160.1)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen8" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(110.7)</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>年內虧損</b></span></p>
</td>
<td class="prngen12" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>(776.4)</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen12" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>(209.6)</b></span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen9" colspan="1" rowspan="1" nowrap>
<p class="prnml120"><span class="prnews_span"><b><i>純利率</i></b></span></p>
</td>
<td class="prngen10" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><i><b>(10.5 %)</b></i></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen10" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><i><b>(2.6 %)</b></i></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>以下人士應佔虧損：</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">本公司權益持有人</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(776.1)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(209.2)</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">非控制性權益</span></p>
</td>
<td class="prngen8" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(0.3)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen8" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(0.4)</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen12" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>(776.4)</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen12" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>(209.6)</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>每股虧損</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>（以每股人民幣元列示）</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">&#8211; 每股基本虧損</span></p>
</td>
<td class="prngen12" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(0.76)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen12" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(0.21)</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">&#8211; 每股攤薄虧損</span></p>
</td>
<td class="prngen12" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(0.76)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen12" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(0.21)</span></p>
</td>
</tr>
<tr>
<td class="prngen13" colspan="5" rowspan="1"></td>
</tr>
<tr>
<td class="prngen10" colspan="5" rowspan="1">
<p class="prnml4"><span class="prnews_span">附註：</span></p>
</td>
</tr>
<tr>
<td class="prngen10" colspan="5" rowspan="1">
<p class="prnml4"><span class="prnews_span">(1) 在線業務收入主要反映在線付費閱讀、網絡廣告及在我們平台上分銷第三方網絡遊戲所得的收入。</span></p>
</td>
</tr>
<tr>
<td class="prngen10" colspan="5" rowspan="1">
<p class="prnml4"><span class="prnews_span">(2) 版權運營及其他收入主要反映來自製作及發行電視劇、網絡劇、動畫、電影、短劇、AI漫劇、出授版權、運營自營<br />網絡遊戲及銷售IP衍生品和紙質圖書的收入。</span></p>
</td>
</tr>
<tr>
<td class="prngen13" colspan="5" rowspan="1" nowrap></td>
</tr>
</tbody>
</table></div>
<p> </p>
<p> </p>
<div>
<table border="0" cellspacing="0" cellpadding="1" class="prnbcc">
<tbody>
<tr>
<td class="prngen3" colspan="9" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>閱文集團</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen3" colspan="9" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>綜合全面虧損表</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen5" colspan="6" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>截至十二月三十一日止年度</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen15" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>二零二五</b></span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen15" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>二零二四</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen3" colspan="6" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>（人民幣百萬元）</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="6" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen6" colspan="3" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>年內虧損</b></span></p>
</td>
<td class="prngen16" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>(776.4)</b></span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen16" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>(209.6)</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen6" colspan="3" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>其他全面收益（除稅後）：</b></span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen6" colspan="3" rowspan="1">
<p class="prnml4"><span class="prnews_span"><i>可能不會重新分類至損益的項目</i></span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen6" colspan="3" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><i><span class="prnews_span">      按公允價值計入其他全面收益的金融資產公允價值<br />           變動（虧損）/收益淨額</span></i></span></p>
</td>
<td class="prngen9" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(8.5)</span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1" nowrap></td>
<td class="prngen14" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">2.0</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen6" colspan="3" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">           貨幣換算差額</span></p>
</td>
<td class="prnpr2 prnpl2 prnvab prntar prnbbbs" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(64.3)</span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1" nowrap></td>
<td class="prngen14" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">79.4</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen14" colspan="3" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen18" colspan="2" rowspan="1"></td>
<td class="prngen18" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen6" colspan="3" rowspan="1">
<p class="prnml4"><span class="prnews_span"><i>其後可能重新分類至損益的項目</i></span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">     於視同處置一間聯營公司時將分佔其他全面收益轉<br />       撥至損益</span></p>
</td>
<td class="prngen9" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">(1.3)</span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">&#8211;</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">     分佔聯營公司及合營企業的其他全面收益/（虧損）</span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">0.2</span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen9" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">(0.4)</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">     貨幣換算差額</span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">21.1</span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen9" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">(18.9)</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prnpr2 prnpl2 prnvab prntar prncbts prnrbrb1 prnbbbs prnsblb1" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">(52.8)</span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen20" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">62.1</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen6" colspan="3" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>年內全面虧損總額</b></span></p>
</td>
<td class="prngen21" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>(829.1)</b></span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen21" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>(147.5)</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen6" colspan="3" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>以下人士應佔全面虧損總額：</b></span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">     本公司權益持有人</span></p>
</td>
<td class="prngen9" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">(828.8)</span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen9" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">(147.1)</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">     非控制性權益</span></p>
</td>
<td class="prngen16" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">(0.3)</span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen16" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span">(0.4)</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen21" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>(829.1)</b></span></p>
</td>
<td class="prngen14" colspan="2" rowspan="1"></td>
<td class="prngen21" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>(147.5)</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
</tbody>
</table></div>
<p> </p>
<p> </p>
<div>
<table border="0" cellspacing="0" cellpadding="1" class="prnbcc">
<tbody>
<tr>
<td class="prngen3" colspan="5" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>閱文集團</b></span></p>
</td>
</tr>
<tr>
<td class="prngen3" colspan="5" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>分部信息</b></span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen5" colspan="3" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>截至十二月三十一日止年度</b></span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>二零二五</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>二零二四</b></span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen3" colspan="3" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>（人民幣百萬元，除百分比外）</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>收入</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">在線業務</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">4,047.0</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">4,030.6</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">版權運營及其他</span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">3,319.1</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">4,090.5</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>收入總額</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>7,366.2</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>8,121.1</b></span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>收入成本</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">在線業務</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">(1,971.6)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen11" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">(1,975.0)</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">版權運營及其他</span></p>
</td>
<td class="prngen8" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">(1,997.8)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen8" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">(2,224.1)</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>收入成本總額</b></span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>(3,969.4)</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen11" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>(4,199.1)</b></span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="2"></td>
<td class="prngen4" colspan="1" rowspan="2"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>毛利</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">在線業務</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">2,075.4</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">2,055.6</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">版權運營及其他</span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1,321.4</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1,866.4</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>毛利總額</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>3,396.8</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>3,921.9</b></span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>毛利率</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen4" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">在線業務</span></p>
</td>
<td class="prngen9" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">51.3 %</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen9" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">51.0 %</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">版權運營及其他</span></p>
</td>
<td class="prngen16" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">39.8 %</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen16" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">45.6 %</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>整體毛利率</b></span></p>
</td>
<td class="prngen9" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>46.1 %</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1"></td>
<td class="prngen9" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>48.3 %</b></span></p>
</td>
</tr>
</tbody>
</table></div>
<p> </p>
<div>
<table border="0" cellspacing="0" cellpadding="1" class="prnbcc">
<tbody>
<tr>
<td class="prngen3" colspan="5" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>閱文集團</b></span></p>
</td>
</tr>
<tr>
<td class="prngen3" colspan="5" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>綜合財務狀況表</b></span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>於二零二五年</b></span></p>
<p class="prnml4"><span class="prnews_span"><b>十二月三十一日</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>於二零二四年</b></span></p>
<p class="prnml4"><span class="prnews_span"><b>十二月三十一日</b></span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen3" colspan="3" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>（人民幣百萬元）</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>資產</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>非流動資產</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">物業、設備及器材</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">67.9</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">97.8</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">使用權資產</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">173.5</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">149.8</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">無形資產</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">4,295.7</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">6,158.8</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">於聯營公司及合營企業的投資</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">577.4</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">928.2</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">按公允價值計入損益的金融資產</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1,324.1</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1,039.6</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">按公允價值計入其他全面收益的金融資產</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">648.1</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">6.3</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">遞延所得稅資產</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">458.1</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">497.2</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">預付款項、按金及其他資產</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">188.4</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">298.2</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">定期存款</span></p>
</td>
<td class="prngen22" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1,709.0</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen22" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">2,308.0</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen20" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>9,442.0</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen20" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>11,484.0</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>流動資產</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">存貨</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">576.6</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">693.0</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">電視劇及電影的版權</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">649.4</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">529.8</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">按公允價值計入損益的金融資產</span></p>
</td>
<td class="prngen9" colspan="1" rowspan="2">
<p class="prnml4"><span class="prnews_span">2,735.3</span></p>
<p></p>
<p class="prnml4"><span class="prnews_span">1,905.0</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">3,252.9</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">貿易應收款項及應收票據</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen9" colspan="1" rowspan="2">
<p class="prnml4"><span class="prnews_span">1,703.4</span></p>
<p></p>
<p class="prnml4"><span class="prnews_span">907.4</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">預付款項、按金及其他資產</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1,283.0</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">受限制銀行存款 </span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">4.5</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">4.5</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">定期存款 </span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">3,303.5</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1,106.2</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">現金及現金等價物</span></p>
</td>
<td class="prngen22" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1,683.7</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen22" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">3,264.2</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen22" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>12,141.1</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen22" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>11,461.4</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>資產總額</b></span></p>
</td>
<td class="prngen23" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>21,583.1</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen23" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>22,945.4</b></span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>權益</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>本公司權益持有人應佔的資本及儲備</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">股本</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">0.6</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">0.6</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">就受限制股份單位計劃所持股份</span></p>
</td>
<td class="prngen9" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">(14.6)</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen9" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">(14.6)</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">股本溢價</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">15,969.2</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">16,117.9</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">其他儲備</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">2,117.7</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1,975.8</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">（累計虧損）/留存收益</span></p>
</td>
<td class="prngen16" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">(547.0)</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen22" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">294.7</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>17,526.0</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>18,374.4</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>非控制性權益</b></span></p>
</td>
<td class="prngen22" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>1.4</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen22" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>1.7</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>權益總額</b></span></p>
</td>
<td class="prngen23" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>17,527.4</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen23" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>18,376.2</b></span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen24" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen24" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>於二零二五年</b></span></p>
<p class="prnml4"><span class="prnews_span"><b>十二月三十一日</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>於二零二四年</b></span></p>
<p class="prnml4"><span class="prnews_span"><b>十二月三十一日</b></span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen3" colspan="3" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>（人民幣百萬元）</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>負債</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>非流動負債</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">租賃負債</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">116.8</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">85.0</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">長期應付款項</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">16.3</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">10.8</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">遞延所得稅負債</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">124.7</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">129.4</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">遞延收入</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">19.6</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">21.9</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen20" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>277.4</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen20" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>247.2</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>流動負債</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">租賃負債</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">64.5</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">81.2</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">貿易應付款項</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1,210.4</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1,044.6</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">其他應付款項及預提費用</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1,102.0</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1,662.0</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">遞延收入</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">989.7</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1,148.9</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">流動所得稅負債</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">232.6</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">217.7</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">按公允價值計入損益的金融負債</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">179.0</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">167.6</span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen20" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>3,778.3</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen20" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>4,322.0</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>負債總額</b></span></p>
</td>
<td class="prngen23" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>4,055.7</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen23" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>4,569.3</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>權益及負債總額</b></span></p>
</td>
<td class="prngen23" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>21,583.1</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1"></td>
<td class="prngen23" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>22,945.4</b></span></p>
</td>
</tr>
</tbody>
</table></div>
<p> </p>
<p> </p>
<div>
<table border="0" cellspacing="0" cellpadding="1" class="prnbcc">
<tbody>
<tr>
<td class="prngen3" colspan="4" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>閱文集團</b></span></p>
</td>
</tr>
<tr>
<td class="prngen3" colspan="4" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>經營虧損與</b><b>EBITDA</b><b>及經調整</b><b>EBITDA</b><b>的調節</b></span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="4" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen5" colspan="3" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>截至十二月三十一日止年度</b></span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen5" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>二零二五</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen5" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>二零二四</b></span></p>
</td>
</tr>
<tr>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen3" colspan="3" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>（人民幣百萬元）</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>經營虧損與</b><b>EBITDA</b><b>及經調整</b><b>EBITDA</b><b>的調節</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">經營虧損</span></p>
</td>
<td class="prngen16" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(804.5)</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen16" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(336.1)</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>調整：</b></span></p>
</td>
<td class="prngen18" colspan="1" rowspan="1" nowrap></td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen18" colspan="1" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">利息收入</span></p>
</td>
<td class="prngen9" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(167.0)</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen9" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(178.3)</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">其他虧損淨額</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">1,245.8</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen14" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">973.9</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">物業、設備及器材的折舊</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">38.1</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen14" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">40.3</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">使用權資產的折舊</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">63.6</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen14" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">72.0</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">無形資產攤銷</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">101.2</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen14" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">157.5</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>EBITDA</b></span></p>
</td>
<td class="prngen20" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>477.4</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen20" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>729.3</b></span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>調整：</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">股份酬金</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">131.2</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen14" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">126.4</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">與收購事項相關的開支</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">5.4</span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen14" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">67.5</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>經調整</b><b>EBITDA</b></span></p>
</td>
<td class="prngen25" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>614.0</b></span></p>
</td>
<td class="prngen14" colspan="1" rowspan="1" nowrap></td>
<td class="prngen25" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>923.1</b></span></p>
</td>
</tr>
</tbody>
</table></div>
<p> </p>
<p> </p>
<div>
<table border="0" cellspacing="0" cellpadding="1" class="prnbcc">
<tbody>
<tr>
<td class="prngen3" colspan="8" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b>閱文集團</b></span></p>
</td>
</tr>
<tr>
<td class="prngen3" colspan="8" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span"><b><span class="prnews_span">非國際財務報告準則財務計量與根據國際財務報告準則編制的計量的調節</span></b></span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="7" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen3" colspan="7" rowspan="1" nowrap>
<p class="prnml20"><span class="prnews_span"><b>截至二零二五年十二月三十一日止年度</b></span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen3" colspan="7" rowspan="1" nowrap>
<p class="prnml20"><span class="prnews_span"><b>調整</b></span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">已呈報</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">股份酬金</span></p>
</td>
<td class="prngen9" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">投資及收購</span></p>
<p class="prnml4"><span class="prnews_span">虧損淨額<sup>(1)</sup></span></p>
</td>
<td class="prngen9" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">無形資產</span></p>
<p class="prnml4"><span class="prnews_span">攤銷<sup>(2)</sup></span></p>
</td>
<td class="prngen9" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">稅務影響</span></p>
</td>
<td class="prngen9" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">非國際財<br />務報告準則</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen3" colspan="7" rowspan="1" nowrap>
<p class="prnml20"><span class="prnews_span">（人民幣百萬元，除詳細說明外）</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">經營（虧損）/盈利</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(804.5)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">131.2</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">1,389.4</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">19.0</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">&#8211;</span></p>
</td>
<td class="prngen4" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">735.2</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">年內（虧損）/盈利</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(776.4)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">131.2</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">1,389.4</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">19.0</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">94.9</span></p>
</td>
<td class="prngen4" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">858.2</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">本公司權益持有人</span></p>
<p class="prnml4"><span class="prnews_span">應佔（虧損）/盈利</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(776.1)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">131.2</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">1,389.4</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">19.0</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">94.9</span></p>
</td>
<td class="prngen4" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">858.5</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">每股（虧損）/盈利</span></p>
<p class="prnml4"><span class="prnews_span">（每股人民幣元）</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="2" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml10"><span class="prnews_span">  &#8211; 基本</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(0.76)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">0.84</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml10"><span class="prnews_span">  &#8211; 攤薄</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(0.76)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">0.84</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">經營利潤率</span></p>
</td>
<td class="prngen9" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(10.9 %)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen9" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">10.0 %</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">純利率</span></p>
</td>
<td class="prngen9" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(10.5 %)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen9" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">11.7 %</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen3" colspan="6" rowspan="1" nowrap>
<p class="prnml20"><span class="prnews_span"><b>截至二零二四年十二月三十一日止年度</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen3" colspan="6" rowspan="1" nowrap>
<p class="prnml20"><span class="prnews_span"><b>調整</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml20"><span class="prnews_span">已呈報</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml20"><span class="prnews_span">股份酬金</span></p>
</td>
<td class="prngen9" colspan="1" rowspan="1" nowrap>
<p class="prnml20"><span class="prnews_span">投資及收購</span></p>
<p class="prnml20"><span class="prnews_span">虧損淨額<sup>(1)</sup></span></p>
</td>
<td class="prngen9" colspan="1" rowspan="1" nowrap>
<p class="prnml20"><span class="prnews_span">無形資產</span></p>
<p class="prnml20"><span class="prnews_span">攤銷<sup>(2)</sup></span></p>
</td>
<td class="prngen9" colspan="1" rowspan="1" nowrap>
<p class="prnml20"><span class="prnews_span">稅務影響</span></p>
</td>
<td class="prngen9" colspan="2" rowspan="1" nowrap>
<p class="prnml20"><span class="prnews_span">非國際財<br />務報告準則</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen3" colspan="6" rowspan="1" nowrap>
<p class="prnml20"><span class="prnews_span">（人民幣百萬元，除詳細說明外）</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">經營（虧損）/盈利</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(336.1)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">126.4</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">1,174.8</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">20.3</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">&#8211;</span></p>
</td>
<td class="prngen4" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">985.4</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">年內（虧損）/盈利</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(209.6)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">126.4</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">1,174.8</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">20.3</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">29.4</span></p>
</td>
<td class="prngen4" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">1,141.3</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">本公司權益持有人</span></p>
<p class="prnml4"><span class="prnews_span">應佔（虧損）/盈利</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(209.2)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">126.4</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">1,174.8</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">20.3</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">29.4</span></p>
</td>
<td class="prngen4" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">1,141.7</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">每股（虧損）/盈利</span></p>
<p class="prnml4"><span class="prnews_span">（每股人民幣元）</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="2" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml10"><span class="prnews_span">  &#8211; 基本</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(0.21)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">1.13</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml10"><span class="prnews_span">  &#8211; 攤薄</span></p>
</td>
<td class="prngen11" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(0.21)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">1.12</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">經營利潤率</span></p>
</td>
<td class="prngen9" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(4.1 %)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen9" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">12.1 %</span></p>
</td>
</tr>
<tr>
<td class="prngen6" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">純利率</span></p>
</td>
<td class="prngen9" colspan="1" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">(2.6 %)</span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen9" colspan="2" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">14.1 %</span></p>
</td>
</tr>
<tr>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
<td class="prngen4" colspan="1" rowspan="1" nowrap></td>
</tr>
<tr>
<td class="prngen10" colspan="8" rowspan="1" nowrap>
<p class="prnml4"><span class="prnews_span">附註：</span></p>
<p class="prnml4"><span class="prnews_span">(1) 主要包括商譽減值，投資公司所產生的減值撥備、處置及視為處置收益和公允價值變動，<br />      收購新麗傳媒相關的代價負債的公允價值變動，以及收購相關的若干僱員及前股東的酬金開支。</span></p>
</td>
</tr>
<tr>
<td class="prngen10" colspan="8" rowspan="1">
<p class="prnml4"><span class="prnews_span">(2) 指收購產生的無形資產以及電視劇及電影版權攤銷。</span></p>
</td>
</tr>
</tbody>
</table></div>
<p> </p>
<p> </p>
<div>
<table border="0" cellspacing="0" cellpadding="1" class="prnbcc">
<tbody>
<tr>
<td class="prngen6" colspan="1" rowspan="1"></td>
</tr>
</tbody>
</table></div>
</div>
<p>
新聞來源：PR Newswire</p>
<p>以上新聞投稿內容由PR Newswire 美通社全權自負責任，若有涉及任何違反法令、違反本網站會員條款、有侵害第三人權益之虞，將一概由PR Newswire 美通社承擔法律及損害賠償之責任，與LTVNews在地人新聞無關。</p>
<p>〈<a href="https://www.ltvnews.net/archives/181051">閱文集團公佈2025年年度業績</a>〉這篇文章最早發佈於《<a href="https://www.ltvnews.net">在地人新聞 LTVNews</a>》。</p>
]]></content:encoded>
					
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">181051</post-id>	</item>
		<item>
		<title>招商局商業房託基金2025年收益穩健</title>
		<link>https://www.ltvnews.net/archives/180987</link>
		
		<dc:creator><![CDATA[美通社]]></dc:creator>
		<pubDate>Tue, 17 Mar 2026 03:28:00 +0000</pubDate>
				<category><![CDATA[美通社]]></category>
		<category><![CDATA[ 優化融資結構顯效]]></category>
		<category><![CDATA[成功收購香港學生公寓]]></category>
		<category><![CDATA[香港2026年3月17日]]></category>
		<guid isPermaLink="false">https://www.ltvnews.net/archives/180987</guid>

					<description><![CDATA[<p>成功收購香港學生公寓  優化融資結構顯效 香港2026年3月17日 /美通社/ &#8212; 招商局商業房地 [&#8230;]</p>
<p>〈<a href="https://www.ltvnews.net/archives/180987">招商局商業房託基金2025年收益穩健</a>〉這篇文章最早發佈於《<a href="https://www.ltvnews.net">在地人新聞 LTVNews</a>》。</p>
]]></description>
										<content:encoded><![CDATA[<div>
<p class="prntac"><span id="spanHghlt2255"><b>成功收購香港學生公寓 </b> <b>優化融資結構顯效</b></span></p>
<p><span class="legendSpanClass">香港</span><span class="legendSpanClass">2026年3月17日</span> /美通社/ &#8212; <b>招商局商業房地產投資信託基金</b>（「招商局商業房託基金」或「房託」，香港聯交所股份代號：1503），宣佈截至2025年12月31日止之全年業績。年度收益總額為人民幣432百萬元。</p>
<p>2025年，招商局商業房託基金可分派收入為人民幣96.3百萬元（2024年：人民幣116.7百萬元）。根據可分派收入，2025年每基金單位的末期分派為0.0410港元。連同已分派的中期分派每基金單位0.0558港元，期內，每基金單位向基金單位持有人的分派合計為0.0968港元（相當於人民幣0.0854元）。</p>
<p><span id="spanHghlte064"><b>資產負債率保持穩健 </b> <b>拓展多元化資產組合</b></span></p>
<p>年內，招商局商業房託基金的銀行借款總額為人民幣41.1億元，資產負債率為42.3%。該比率低於房地產投資信託基金守則所准許的50%上限。此外，管理人積極降本增效，期內物業經營開支及融資成本分別錄得13.8%及11.3%的顯著下降。截至2025年12月31日，負債總額（不包括基金單位持有人應佔資產淨值）佔招商局商業房託基金資產總值的百分比為55.9%（2024年：54.8%）。基金單位持有人應佔資產淨值為人民幣2,899百萬元（2024年：人民幣3,096百萬元）或每基金單位人民幣2.57元，相當於根據人民銀行於2025年12月31日公佈的匯率中間價計算的每基金單位2.85港元。於2025年12月31日基金單位的收市價1.24港元較每基金單位的資產淨值折價56.4%。</p>
<p>2025年1月，招商局商業房託基金與獨立第三方銀行（作為貸款人）簽訂了一份為期5年的融資協議，內容有關高達人民幣 41億元的貸款融資，固定年利率為2.80%。新貸款融資中的人民幣40.08億元已於2025年1月提取，並用於提前償還全部先前境外融資。提取固定利率較低的貸款以提前償還固定利率較高的貸款為招商局商業房託基金節省了大量利息開支。</p>
<p>2025年12月，招商局商業房託基金通過其全資子公司簽約收購首個位於香港的學生公寓項目，總樓面面積約2.36萬平方呎，毗鄰香港理工大學，地理位置優越。該物業於同年11月估值為2.13億港元，收購代價折讓3.3%，購買價（於流動資產調整前）約為2.06億港元。收購完成後，該物業將由房託基金計劃改造為擁有約85個床位的現代化學生公寓，低樓層區域將改造為共用生活空間，如休息室與健身中心。此舉有助於進一步優化房託基金持有資產結構，為基金單位持有人帶來長期可持續的價值與回報。</p>
<p><span id="spanHghlt1515"><b>核心物業組合表現相對穩定 </b> <b>零售物業逆市增長</b></span></p>
<p>於報告年度內，我們寫字樓組合的平均出租率有所下降，由2024年度末的89.8%下降12.8個百分點至2025年度末的77.0%。甲級寫字樓與年度中期相比表現平穩。新時代廣場於年度末簽約多家優質租戶，出租率較中期上升9.7個百分點至66.1%。蛇口網谷三項物業（科技大廈、科技大廈二期，及數碼大廈）則因甲級寫字樓租金下調，疊加年底部分大租戶租約到期影響，出租率均有所下滑。</p>
<p>花園城期內運營表現穩健，在現時租金基本穩定的情況下，出租率持續上升至96.5%。未來，隨著客流量的持續增長、消費逐步回暖，及地鐵12號線客流的帶動，花園城的經營表現與市場競爭力將保持穩中向好。年內，隨著花園城出租率進一步的改善，其估值較去年同期上升人民幣31百萬元，由人民幣1,486百萬元增至人民幣1,517百萬元。</p>
<p><span id="spanHghlte06f"><b>展望未來：堅定推進戰略轉型 </b> <b>尋求更多優質投資機會</b></span></p>
<p>2026年，全球及國內經濟環境仍將面臨多重挑戰，整體運行壓力較為突出。從外部環境看，全球地緣政治衝突持續，對全球供應鏈穩定運行形成擾動，間接影響企業經營及居民消費信心。國內經濟仍處於溫和復甦階段，居民消費信心尚未完全恢復，房地產行業低迷態勢短期內難以根本扭轉，商業地產市場供需失衡壓力進一步顯現。深圳及北京甲級寫字樓預計迎來大量新增供應，疊加中短期需求可能持續萎縮，市場供過於求格局進一步凸顯，租金水平仍面臨下行壓力，空置率存在繼續攀升可能。零售物業市場受消費復甦力度偏弱影響，商戶經營壓力逐步向租賃端傳導，租金及空置率指標亦將持續承壓。</p>
<p>招商局商業房託基金主席及非執行董事余志良先生表示：「面對多重挑戰，管理人將積極推進房託基金的戰略轉型。一方面，通過靈活調整租金策略，拓寬業態，尋找多元化租戶。另一方面，管理人亦主動拓展多元化資產佈局，通過收購香港九龍柯士甸路學生公寓項目，挖掘逆週期資產價值，豐富收益來源，為基金長期穩定收益奠定基礎。香港學生公寓物業改造預計於2026年8月完成，後續將持續優化運營模式。未來，管理人將繼續堅定推進轉型，在鞏固核心資產運營質量的同時，積極培育新的盈利增長點，在大中華地區挖掘更多優質及多元化資產投資機會。通過穩步落地各項轉型舉措，進一步優化招商局商業房託基金的收入結構，實現基金單位分派的長期可持續增長。」</p>
<p><b><u>關於招商局商業房託基金<br /></u></b>招商局商業房託基金（1503.HK）為一個以單位信託基金形式組成的香港集體投資計劃，且已根據證券及期貨條例第104條獲認可。招商局商業房託基金是由知名央企招商局蛇口工業區控股股份有限公司（001979.SZ）發起，2019年12月於香港聯交所主板上市，是香港自2014年後，首例成功上市的房託基金，亦是首隻在香港上市的央企房託基金。招商局商業房託基金是以擁有及投資中國的優質創收物業為目的而成立的房地產投資信託基金。招商局商業房託基金由房託管理人管理，目前持有7項優質物業，5項位於深圳蛇口，1項位於首都北京，1項位於香港。房託管理人旨在向持分者提供穩定分派及長期可持續的分派增長。</p>
<p>如欲了解更多招商房託資訊，請瀏覽企業網站 <a href="http://www.cmcreit.com/" target="_blank" rel="nofollow" style="color: #0000FF">http://www.cmcreit.com/</a> 。</p>
</div>
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新聞來源：PR Newswire</p>
<p>以上新聞投稿內容由PR Newswire 美通社全權自負責任，若有涉及任何違反法令、違反本網站會員條款、有侵害第三人權益之虞，將一概由PR Newswire 美通社承擔法律及損害賠償之責任，與LTVNews在地人新聞無關。</p>
<p>〈<a href="https://www.ltvnews.net/archives/180987">招商局商業房託基金2025年收益穩健</a>〉這篇文章最早發佈於《<a href="https://www.ltvnews.net">在地人新聞 LTVNews</a>》。</p>
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		<title>軟硬一體成效顯著 雲迹科技AI智能體收入近3倍躍升</title>
		<link>https://www.ltvnews.net/archives/180985</link>
		
		<dc:creator><![CDATA[美通社]]></dc:creator>
		<pubDate>Tue, 17 Mar 2026 03:15:00 +0000</pubDate>
				<category><![CDATA[美通社]]></category>
		<category><![CDATA[/美通社/]]></category>
		<category><![CDATA[雲迹科技（2670HK）作為中國領先的機器人服務智能體商業化及研發企業，於2025年10月依據港交所第18C章（專為特專科技公司設立的上市機制）成功登陸港股後，近日發布上市以來首份年度財報，表現強勁。]]></category>
		<category><![CDATA[香港2026年3月17日]]></category>
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					<description><![CDATA[<img width="400" height="255" src="https://i0.wp.com/www.ltvnews.net/wp-content/uploads/2026/03/image1-26.jpg?fit=400%2C255&amp;ssl=1" class="webfeedsFeaturedVisual wp-post-image" alt="軟硬一體成效顯著 雲迹科技AI智能體收入近3倍躍升" title="軟硬一體成效顯著 雲迹科技AI智能體收入近3倍躍升" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="" decoding="async" /><p>香港2026年3月17日 /美通社/ &#8212; 雲迹科技（2670.HK）作為中國領先的機器人服務智能體 [&#8230;]</p>
<p>〈<a href="https://www.ltvnews.net/archives/180985">軟硬一體成效顯著 雲迹科技AI智能體收入近3倍躍升</a>〉這篇文章最早發佈於《<a href="https://www.ltvnews.net">在地人新聞 LTVNews</a>》。</p>
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										<content:encoded><![CDATA[<img width="400" height="255" src="https://i0.wp.com/www.ltvnews.net/wp-content/uploads/2026/03/image1-26.jpg?fit=400%2C255&amp;ssl=1" class="webfeedsFeaturedVisual wp-post-image" alt="軟硬一體成效顯著 雲迹科技AI智能體收入近3倍躍升" title="軟硬一體成效顯著 雲迹科技AI智能體收入近3倍躍升" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="" decoding="async" /><div>
<p><span class="legendSpanClass">香港</span><span class="legendSpanClass">2026年3月17日</span> /美通社/ &#8212; 雲迹科技（2670.HK）作為中國領先的機器人服務智能體商業化及研發企業，於2025年10月依據港交所第18C章（專為特專科技公司設立的上市機制）成功登陸港股後，近日發布上市以來首份年度財報，表現強勁。</p>
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<p>2025年，公司實現營收3.01億元人民幣，同比增長23.1%；毛利達1.13億元人民幣，整體業績充分凸顯其加速增長的態勢。</p>
<p>一大亮點在於公司正快速向「軟硬一體化」模式轉型。雖然機器人及配件銷售仍為核心業務，收入達2.13億元人民幣（同比增長12.9%），但AI數位系統收入大幅增長57.3%，達8,790萬元人民幣，佔總收入比重提升至29.2%。其中，AI驅動的智能體應用收入更暴增194.1%，達3,390萬元人民幣，主要得益於其HDOS智能體系統的全面推廣。HDOS訂閱客戶數量由237家猛增至2,430家，增幅高達925%，充分驗證市場對具身智能（embodied AI）服務的強勁需求。</p>
<p>除酒店主業外，公司亦成功實現多元化拓展。酒店業務收入同比增長20.1%，達2.44億元人民幣，覆蓋全球逾4萬處物業。非酒店領域收入則大幅增長37.7%，當中科技園區收入激增160.4%，工廠場景收入更飆升393%。商業樓宇及醫院亦成為重要增長點，醫院部署點位由130個增至約200個。</p>
<p>研發投入超過6,000萬元人民幣，研發費用率維持在20%以上，持續強化核心算法與平台能力。分析師普遍持樂觀態度：建銀國際（CCB International）於2026年2月指出，隨著規模效應逐步顯現，公司毛利率有望趨於穩定，費用率亦將逐步下降。</p>
<p>根據弗若斯特沙利文（Frost &amp; Sullivan）預測，中國機器人服務智能體市場將以29.3%的複合年增長率（CAGR）擴張，市場規模將由2024年的37億元人民幣增長至2029年的135億元人民幣。作為該細分領域的領軍企業，雲迹科技憑藉真實場景的大規模落地、可擴展的技術架構以及持續增長的軟件訂閱收入，有望充分把握這一高速增長的市場機遇。</p>
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新聞來源：PR Newswire</p>
<p>以上新聞投稿內容由PR Newswire 美通社全權自負責任，若有涉及任何違反法令、違反本網站會員條款、有侵害第三人權益之虞，將一概由PR Newswire 美通社承擔法律及損害賠償之責任，與LTVNews在地人新聞無關。</p>
<p>〈<a href="https://www.ltvnews.net/archives/180985">軟硬一體成效顯著 雲迹科技AI智能體收入近3倍躍升</a>〉這篇文章最早發佈於《<a href="https://www.ltvnews.net">在地人新聞 LTVNews</a>》。</p>
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		<title>五一視界正式成為英偉達全球L4智駕仿真合作夥伴，加速推理型自動駕駛開發！</title>
		<link>https://www.ltvnews.net/archives/180974</link>
		
		<dc:creator><![CDATA[美通社]]></dc:creator>
		<pubDate>Tue, 17 Mar 2026 02:13:00 +0000</pubDate>
				<category><![CDATA[美通社]]></category>
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					<description><![CDATA[<p>香港2026年3月17日 /美通社/ &#8212; 在3月16日舉行的英偉達GTC大會上，英偉達宣布其Omn [&#8230;]</p>
<p>〈<a href="https://www.ltvnews.net/archives/180974">五一視界正式成為英偉達全球L4智駕仿真合作夥伴，加速推理型自動駕駛開發！</a>〉這篇文章最早發佈於《<a href="https://www.ltvnews.net">在地人新聞 LTVNews</a>》。</p>
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<p><span class="legendSpanClass">香港</span><span class="legendSpanClass">2026年3月17日</span> /美通社/ &#8212; 在3月16日舉行的英偉達GTC大會上，英偉達宣布其Omniverse NuRec與五一視界SimOne已實現深度融合。基於神經渲染技術，該合作成功解決了智駕行業真實採集場景數據不可交互的痛點，將加速以VLA、世界模型為代表的推理型自動駕駛開發，賦能全球L4級汽車合作夥伴。據悉，五一視界在中國高階仿真領域市占率已達53.5%，此次合作將進一步鞏固五一視界在全球Physical AI賽道的核心地位。</p>
</div>
<p>
新聞來源：PR Newswire</p>
<p>以上新聞投稿內容由PR Newswire 美通社全權自負責任，若有涉及任何違反法令、違反本網站會員條款、有侵害第三人權益之虞，將一概由PR Newswire 美通社承擔法律及損害賠償之責任，與LTVNews在地人新聞無關。</p>
<p>〈<a href="https://www.ltvnews.net/archives/180974">五一視界正式成為英偉達全球L4智駕仿真合作夥伴，加速推理型自動駕駛開發！</a>〉這篇文章最早發佈於《<a href="https://www.ltvnews.net">在地人新聞 LTVNews</a>》。</p>
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