[2026]0011004019

Da Hua Certified Public Accountants Special General Partnership

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60

6-1-822025

4.

108801938.72 106306959.88

1077978086.42 845846703.27

1186780025.14 952153663.15

5.

2025 167195.80

2026 5004.26

2027 1661.76 2493478.22

2028 3249673.72 8353911.49

2029 10510895.00 33804629.27

2030 51491695.06 48264332.82

2031 84159317.68 84159317.68

2032 163782879.30 161435506.29

2033 264254215.06 259404576.27

2034 276812751.48 247758751.17

2035 223714997.36

1077978086.42 845846703.27

19

27100299.11 27100299.11 6438418.00 6438418.00

27100299.11 27100299.11 6438418.00 6438418.00

20

22571399.84 22571399.84

2140960.16 147448.23

302146779.23 274918444.59

150213776.16 68546833.21

477072915.39 366184125.87

21

1.

61

6-1-832025

304990000.00 315000000.00

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200610.02 219585.82

315190610.02 315219585.82

22

1 266835079.42 335591878.12

1-2 27151774.01 2458261.77

2-3 950109.71 4029944.70

3 1186417.62 2532258.80

296123380.76 344612343.39

1.

12262404.27

5383000.00

2580636.22

1688181.82

1548000.00

23462222.31

23

16679119.58 25587177.90

16679119.58 25587177.90

24

1.

21821722.17 199721743.25 194605742.10 26937723.32

- 629005.42 11839153.14 11622984.90 845173.66

5433551.08 7331404.43 9089937.80 3675017.71

27884278.67 218892300.82 215318664.80 31457914.69

2.

62

6-1-842025

18780980.81 172768844.12 168359733.29 23190091.64

4682817.88 4682817.88

381580.10 6748749.73 6677900.13 452429.70

365974.28 6448253.94 6383300.96 430927.26

11842.11 231407.12 225895.82 17353.41

3763.71 69088.67 68703.35 4149.03

77108.15 12339187.09 12328992.29 87302.95

2582053.11 3182144.43 2556298.51 3207899.03

21821722.17 199721743.25 194605742.10 26937723.32

3.

554091.64 11531218.69 11309197.03 776113.30

74913.78 307934.45 313787.87 69060.36

629005.42 11839153.14 11622984.90 845173.66

25

2885760.89 3676932.14

2285402.58 2362681.66

1221584.71 1625018.72

3148665.74 2266158.55

64006.23 104430.16

27856.66 44771.21

307427.53 304266.12

18571.11 29847.48

9959275.45 10414106.04

26

49876590.37 39529841.41

49876590.37 39529841.41

1.

63

6-1-852025

31200000.00

4617403.80 3636930.66

42413888.89

1770670.23 2390325.49

1074627.45 2302585.26

49876590.37 39529841.41

2.

27

17634666.63 31858936.00

57042318.97 44232447.98

33830816.72 25645890.71

108507802.32 101737274.69

28

901741.29 1487159.31

901741.29 1487159.31

29

1.

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21000000.00

169713.87 6350.03

17634666.63 31858936.00

121391857.54

30

1.

1 44479532.69 27226404.91

64

6-1-862025

1-2 48857271.15 7325307.04

2-3 101039033.24 3286672.03

3 34383690.29 37484489.66

32404122.38 13662404.45

33830816.72 25645890.71

162524588.27 36014578.48

31

28357116.22 66061271.21

28357116.22 66061271.21

1

85399435.19 110293719.19

57042318.97 44232447.98

28357116.22 66061271.21

32

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31800000.00 4204054.06 27595945.94 2

918875.98 33190000.00 4818110.01 29290765.97

2.

65

6-1-872025

34

+

500462150.00 2433866.00 2433866.00 502896016.00

35

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33277944.84 14819734.40 13232482.38 34865196.86

999552735.37 44602505.58 13232482.38 1030922758.57

29782771.18

16550288.80 13232482.38

14819734.40

66

6-1-886-1-89

2025

36.

1.

2.. 28688371.95 -9149893.94 -9149893.94 19538478.01

1.

2. 28688371.95 -9149893.94 -9149893.94 19538478.01

28688371.95 -9149893.94 -9149893.94 19538478.01

66772025

37

26144476.01 26144476.01

26144476.01 26144476.01

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+ -

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39

1.

1236589073.02 1075153577.33 1396789414.24 1284075685.71

1236589073.02 1075153577.33 1396789414.24 1284075685.71

1

1236589073.02 1396789414.24

0.00 0.00

1236589073.02 1396789414.24

2

IDC 498074816.68 405167905.88

680985626.42 632940041.50

57528629.92 37045629.95

402786055.80 316155444.85

132954030.77 129586852.75

72420796.03 67131297.01

57564716.59 64128414.70

84046197.56 88951300.33

68

6-1-902025

348147970.27 299383930.99

27064549.63 23212021.56

54076126.45 49558685.19

57528629.92 37045629.95

56628413.24 41303625.97

176550585.67 167645429.24

295523483.54 263976405.71

96726039.51 60631686.56

34161756.52 32079773.77

260903069.04 243819514.72

316095725.50 265697141.36

1236589073.02 1075153577.33

27583707.50 19997097.75

1209005365.52 1055156479.58

3

109294.60 64245.01 2026 19446.22

2027 10127.49 2028

40

2649446.38 2466230.91

1112692.21 899452.66

341875.47 440428.23

345168.26 323749.12

4449182.32 4129860.92

41

42878162.02 47884790.64

13013013.83 11477613.98

1554742.57 1965544.42

1573444.02 2116199.01

200447.69 272116.24

69

6-1-912025

59219810.13 63716264.29

42

115954470.12 109571976.94

6447673.78 7417682.04

3803288.10 6197045.97

4770931.18 6449231.00

15961922.59 18239183.95

4242238.31 4727262.08

2734888.65 3243348.13

2646906.02 2875742.26

538316.01 1122391.93

4600371.16 5684652.42

161701005.92 165528516.72

43

51689350.65 51947882.37

1176765.37 1386823.67

1332862.50 2264150.94

2594767.23 4875378.60

2719309.31 5545569.94

59513055.06 66019805.52

44

25658980.85 24269379.04

1914949.15 3250697.55

-2180465.77 366234.76

1148915.57 1508929.08

165717.33 469894.09

22878198.83 23363739.42

45

1.

7613456.45 2561794.98

254522.78

70

6-1-922025

268701.13 216460.34

7882157.58 3032778.10

2.

3.

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1.

216758.98 -134408.64

807314.56 2330743.80

1024073.54 2196335.16

47

166322.05 143252.88

166322.05 143252.88

48

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510287.24 172122.02

-68647.00

-47099.85 -1897160.83

49

-845921.45

-22938291.57 -56020745.65

-11955246.16

-22938291.57 -68821913.26

50

19661884.29 -13551111.83

46837.97

19708722.26 -13551111.83

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71

6-1-932025

50000.00 1110000.00 50000.00

1676530.31 111431.63 1676530.31

504611.31 504611.31

19780.36 56.27 19780.36

2250921.98 1221487.90 2250921.98

6776789.79 1838.49 6776789.79

6000000.00 6000000.00

30370.00 111030.65 30370.00

47516.67 17441.43 47516.67

12854676.46 130310.57 12854676.46

1.

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-153760.28 -2410679.18

7786961.35 6558958.82

2.

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/ -22670044.05

3512829.62

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36095346.44 3481795.02

72

6-1-942025

10262176.68 9896527.39

2463027.70 1995145.37

50735499.97 18624165.33

2.

4763023.07 10628274.39

11673045.08 1197499.47

31944868.44 33001151.24

12930315.30 12021678.39

1148915.58 612854.40

8264106.19 138043.37

70724273.66 57599501.26

3.

60000000.00

30000000.00 42300000.00

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4.

49033985.08 88837590.06

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22938291.57 68821913.26

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235940449.57 258991827.21

22518335.98 33697436.83

13629068.82 17183676.96

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73

6-1-952025

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“ ” -1024073.54 -2196335.16

“ ” -18043595.05 -2363148.68

“ ” 17889834.77 -47530.50

“ ” 2001537.30 3277553.40

“ ” 23051637.50 108615992.92

“ ” -11641941.20 -13036401.88

15961922.59 18239183.95

179780922.91 240905307.74

2.

3.

377441577.37 327445103.40

327445103.40 346681987.22

49996473.97 -19236883.82

2.

31200000.00

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160224.43 0.90320 144714.71

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156532.64 0.90320 141380.28

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904.16 5.4586 4935.45

65772782.95

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99471.17 8.2355 819194.82

2182093.66 0.90320 1970866.99

5700001.14 0.0049 27930.01

83502.34 5.4586 455805.87

5252405.35 0.0448 235307.76

543741.94 1.2832 697729.66

40920.00 9.4346 386063.83

361983.20

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75

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2.

1.

2025 12 31 14

2.

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1

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2

3

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51689350.65 51947882.37

1176765.37 1386823.67

1332862.50 2264150.94

2594767.23 4875378.60

2719309.31 5545569.94

59513055.06 66019805.52

59513055.06 66019805.52

1

2025 11 10 1400000.00

2025 12 5

1.

%

100.00

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Connected (Cayman) Co.Ltd.)

(Urban

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64.29

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60.00

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60.00

100.00

100.00

100.00

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2.

(%)

40.00 16725219.04 71348055.98

3.

/ /

207725405.13 165107384.65

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33320208.21 35797748.68

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78

6-1-1002025

/ /

151702416.54 138107442.94

41813047.60 41921029.44

41813047.60 41921029.44

40524351.02 37437789.10

1.

/ /

5514807.24 5495255.02

19552.22 7793.13

19552.22 7793.13

40032880.68 7835673.92

197206.76 -142201.77

197206.76 -142201.77

2.

1.

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918875.98 1390000.00 614055.95 1694820.03

31800000.00 4204054.06 27595945.94

918875.98 33190000.00 4818110.01 29290765.97

79

6-1-1012025

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*2

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*3 2025

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CPF 487.51

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*7 750000.00

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82

6-1-1042025

GDP

2025 12 31

6864700.00 68647.00

290163516.66 15130789.41

11901850.46 1273566.43

3969291.45

312899358.57 16473002.84

2025 12 31

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83

6-1-1052025

2025 12 31

1 1-2 2-5 5

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1 85399435.19 89443773.10 60098735.43 25055933.34 4289104.33

1 139026524.17 139026524.17 17634666.63 31235329.56 90156527.98

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1.

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61179884.01 819194.82 3773704.12 65772782.95

361983.20 361983.20

61541867.21 819194.82 3773704.12 66134766.15

3

2025 12 31

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2.

84

6-1-1062025

2025 12 31

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85

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3.

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695010.51

719559.72

2025 9

2025 74916.81 2024

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4.

1

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*2 7000000.00 2023/11/2 2030/11/5

*2 10000000.00 2023/12/25 2030/12/25

*2 12300000.00 2024/4/29 2031/4/25

*3 10000000.00 2025/1/13 2029/1/22

*3 10000000.00 2025/3/28 2029/3/30

*4 10000000.00 2024/3/15 2028/3/27

*4 5000000.00 2024/6/24 2028/11/12

*5 20000000.00 2024/6/20 2029/6/21

*6 20000000.00 2024/9/4 2029/8/28

*6 10000000.00 2024/11/5 2028/11/7

*7 13000000.00 2024/11/26 2028/12/8

*8 10000000.00 2025/6/27 2029/6/26

*8 10000000.00 2025/12/26 2029/12/28

86

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*8 300000000.00 2025/8/25 2031/12/3

*9 160000000.00 2025/5/27 2033/5/26

*10 USD6000000.00 2024/12/16 2025/3/7

*1 2023 12 6

2000.00 2000.00

2024 1 15 2025 12 31

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0.00

*2 2023 10 20“” “ ” “ ”

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60%

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*3 2024 12 9

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87

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88

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2024 11 26 2025 11 25

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27 2030 5 26

0.00 14197.88

312.20 13885.68

*10 2024 6 11

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2

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*2 30000000.00 2022/12/27 2028/12/27

*3 44000000.00 2023/2/27 2027/9/13

*3 25000000.00 2023/9/15 2028/9/15

*3 50000000.00 2023/10/31 2029/10/31

*3 50000000.00 2024/2/7 2028/3/27

*4 70000000.00 2024/6/19 2029/6/18

*4 70000000.00 2024/8/9 2028/12/15

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*4 44000000.00 2024/3/27 2028/3/28

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*4 50000000.00 2024/6/25 2029/6/19

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*5 50000000.00 2025/1/14 2029/4/28

90

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*5 70000000.00 2025/5/27 2029/12/21

*5 50000000.00 2025/8/28 2029/8/28

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*5 50000000.00 2025/9/15 2029/10/28

*5 44000000.00 2025/5/6 2029/5/10

*5 30000000.00 2025/2/28 2031/3/18

*1 2021 1 22 2021 2021

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4854.98 2021 394.86

2022 1773.79 2023 1838.57 2024

1443.71 64.78 0.01

*2 2022 9 28

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5193.32 3077.97

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1648.00 1648.00 0.00

3000.00 3000.00 0.00

637.21 637.21 0.00

1000.00 2000.00

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1852.00 1852.00

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6-1-1152025

1353.79 1000.00

1353.79 1000.00

1062.79 1062.79

0.00

2000.00 1000.00

2000.00 1000.00

306.68 306.68

0.00

3000.00 2024

780.36 2541.66

5 2025 5 26 2025

7 7

1

“ ”

5000.00 2025 1 14 2026 1 14

“ ”

7000.00 2025 5 27 2026 5 26

“ ”

5000.00 2025 8 28 2026 8 17

“ ”

7000.00 2025 9 18 2026 9 17

“ ”

7000.00 2025 9 15 2026 7 17

“ ”

4000.00 2025 5 6 2026 1 1

94

6-1-1162025

3000.00

3

5000.00 0.00 5000.00

3500.00 0.00 3500.00

3000.00 0.00 3000.00

922.03 0.00 922.03

2000.00 0.00 2000.00

3000.00 0.00

3000.00

3000.00 849.67

2386.87

5.

2025 60000000.00

1 2413888.89

2025 12 31 20000000.00

6.

17174740.22 14799227.89

7.

1

234821.45 2348.21

2

364000.00

95

6-1-1172025

2879.39

29540.53

42413888.89

2025 9 2024 12 31

60716814.16 5400.75

2023 12 22

2021

700 A

560 7.80 / 21 140

7.80 /

1

2023 12 22

2023

21 560 2023 12

22

2024 4 17

2023 140

36 2024 4

17

2

1628 40%

2840 30%

4052 30%

96

6-1-1182025

1628 40%

2840 30%

4052 30%

3

2023 2024 10.00%

2023 2025 23.20%

2023 2026 41.68%

2024

2024

2023 2025 23.20%

2023 2026 41.68%

2023 2027 62.93%

97

6-1-1192025

2025 8 21 2023

2023

2025 2027

2023 2024 10.00%

1. 2023 2025 23.20% 2. 2023 2025 50.00%

1. 2023 2026 41.68% 2. 2023 2026 80.00%

2025 8 21 <

2025 >

240 A

1

2025 9 9 2025

45

238.50 2025 9 9 10.98 /

2025 11 28

2025

59.50 5 2025

11 28

2

1224 50%

2436 50%

1224 50%

98

6-1-1202025

2436 50%

3

1. 2023 2025 23.20%

2. 2023 2025 50.00%

1. 2023 2026 41.68%

2. 2023 2026 80.00%

2025

2025

1. 2023 2026 41.68% 2. 2023 2026 80.00%

1. 2023 2027 62.93% 2. 2023 2027 100.00%

2023 2024 2025

— — 2980000

2046066 387800 —

147901 242835 187550

99

6-1-1212025

2023 2024 2025

10.98

7.8 7.8 21

16 20

10.98 27

— — —

Black-Scholes

Black-Scholes

54429973.08

15961922.59

1

2025

16000.00 15949.74

5 2025 312.20 2025 12

31 13885.68

2025 12 31

2025 12 31

1.

6000

4.9%

100

6-1-1222025

2.

2026 2 4 2026

2026

5

1

( “ ”)

989.75

600

1.

2.

1.

101

6-1-1232025

1

2

3

1 10%

2

10%

IDC

2024 12 9

2022

A -

2025 8 2026 12

2026 2 4

1

31901.28 32501.90

2

1700 4.4KW 832 12KW

1

1

1 111366710.35 116002180.43

1-2 1537962.14 33545041.00

2-3 1752165.20 6350613.87

3 2858436.86 660122.98

117515274.55 156557958.28

4016518.84 4692206.02

102

6-1-1242025

113498755.71 151865752.26

2

% %

2605210.49 2.22 2605210.49 100.00

114910064.06 97.78 1411308.35 1.23 113498755.71

74909186.71 63.74 1411308.35 1.88 73497878.36

40000877.35 34.04 40000877.35

117515274.55 100.00 4016518.84 3.42 113498755.71

% %

2031015.70 1.30 2031015.70 100.00

154526942.58 98.70 2661190.32 1.72 151865752.26

84425400.90 53.93 2661190.32 3.15 81764210.58

70101541.68 44.77 70101541.68

156557958.28 100.00 4692206.02 3.00 151865752.26

3

1 2605210.49

%

933203.64 933203.64 933203.64 933203.64 100.00

445774.17 445774.17 445774.17 445774.17 100.00

126859.99 126859.99 126859.99 126859.99 100.00

79367.31 79367.31 79367.31 79367.31 100.00

607730.17 607730.17 100.00

412275.21 412275.21 100.00

445810.59 445810.59

2031015.70 2031015.70 2605210.49 2605210.49

4

103

6-1-1252025

2 1411308.35

1

%

1 73576793.39 735767.93 1.00

1-2 729836.56 72983.66 10.00

3 602556.76 602556.76 100.00

74909186.71 1411308.35 1.88

2

%

1 37578037.16

2-3 1752165.20

3 670674.99

40000877.35

5

2031015.70 1010754.77 445810.59 9250.61 2605210.49

2661190.32 -1240631.36 -9250.61 1411308.35

2661190.32 -1240631.36 -9250.61 1411308.35

4692206.02 -229876.59 445810.59 4016518.84

6

7

27637524.95 27637524.95 23.52

9638024.00 9638024.00 8.20 96380.24

9082689.38 9082689.38 7.73 90826.89

6849360.00 6849360.00 5.83 68493.60

5021080.15 5021080.15 4.27 50210.80

58228678.48 58228678.48 49.55 305911.53

104

6-1-1262025

2

23000000.00 31500000.00

152243773.91 74245084.49

175243773.91 105745084.49

1

7500000.00 12000000.00

1500000.00 1500000.00

14000000.00 18000000.00

23000000.00 31500000.00

1

1 100296825.15 16336679.59

1-2 4863128.01 20496500.05

2-3 9258195.79 13623313.95

3 38035942.72 24412788.77

152454091.67 74869282.36

210317.76 624197.87

152243773.91 74245084.49

2

2005286.34 5997940.34

150447089.67 68687329.27

1715.66 184012.75

152454091.67 74869282.36

3

% %

105

6-1-1272025

% %

152454091.67 100.00 210317.76 0.14 152243773.91

2007002.00 1.32 210317.76 10.48 1796684.24

150447089.67 98.68 150447089.67

152454091.67 100.00 210317.76 0.14 152243773.91

%

%

74869282.36 100.00 624197.87 0.83 74245084.49

6181953.09 8.26 624197.87 10.10 5557755.22

68687329.27 91.74 68687329.27

74869282.36 100.00 624197.87 0.83 74245084.49

4

2 210317.76

1

%

1 1615741.66 16157.42 1.00

1-2 52000.00 5200.00 10.00

2-3 300600.00 150300.00 50.00

3 38660.34 38660.34 100.00

2007002.00 210317.76 10.48

2

%

1 98681083.49

1-2 4811128.01

106

6-1-1282025

%

2-3 8957595.79

3 37997282.38

150447089.67

5

12

( () )

624197.87 624197.87

—

—

—

—

-413880.11 -413880.11

210317.76 210317.76

6

7

(%)

55859908.82 0-2 36.64

54693351.85 0-5 35.88

29601644.41 1 19.42

6611250.00 1 4.34

2908960.00 1 1.91

149675115.08 98.19

107

6-1-1296-1-130

2025

3

1416471730.31 5343619.47 1411128110.84 1254008463.49 5343619.47 1248664844.02

45547687.92 45547687.92 13330928.94 13330928.94

1462019418.23 5343619.47 1456675798.76 1267339392.43 5343619.47 1261995772.96

1

10000000.00 10540962.01 77391.04 10618353.05

142000000.00 143667058.43 653413.82 144320472.25

12000000.00 20753116.28 -2149252.54 18603863.74

38411600.00 39460920.18 15360.42 39476280.60

25368000.00 20085827.03 5343619.47 145795.09 20231622.12 5343619.47

512565126.80 582652177.80 12917475.06 595569652.86

URBAN CONNECTED(HK)CO.LIMITED 860650.00 860650.00 860650.00

181700000.00 184723892.32 101765.30 89000000.00 95825657.62

URBAN CONNECTED PTE.LTD.) 1974393.00 3035234.77 141399.34 3176634.11

8074574.00 31491270.76 2246727.24 33737998.00

1100886-1-131

2025

160000000.00 161041911.50 2841757.46 163883668.96

29890000.00 43890000.00 99500000.00 143390000.00

2600000.00 7464620.11 7464620.11

3588605.12 6261822.94 27000000.00 33261822.94

200000.00 200000.00 99800000.00 100000000.00

100000.00 603788.38 603788.38

(One Source

Cloud Corporation) 103026.10 103026.10

1129332948.92 1248664844.02 5343619.47 251463266.82 89000000.00 1411128110.84 5343619.47

1100992025

2

5495255.02 19552.22

7835673.92 32000000.00 197206.76

13330928.94 32000000.00 216758.98

5514807.24

40032880.68

45547687.92

4

1

423025482.38 406328085.16 492665448.43 499082130.49

423025482.38 406328085.16 492665448.43 499082130.49

5

216758.98 -134408.64

23000000.00 31500000.00

-4162.68

807314.56 2330743.80

1456478.54 1922173.75

25480552.08 35614346.23

110

6-1-1326-1-1336-1-1346-1-1356-1-1366-1-1376-1-1386-1-1396-1-1406-1-1416-1-1426-1-1436-1-1446-1-1456-1-1466-1-1476-1-1486-1-149