固生堂：2025年度報告.pdf

1、(Incorporated under the laws of the Cayman Islands with limited liability)（根據開曼群島法律註冊成立的有限公司）Stock Code:2273股份代號2025Annual Report年度報告2025 年度報告Annual ReportContents目錄Corporate Information公司資料2Key Financial and Operational Data主要財務及營運數據6Chairmans Statement主席報告書7Management Discussion and Analysis管理層討論及

2、分析18Directors and Senior Management董事及高級管理層45Directors Report董事會報告56Corporate Governance Report企業管治報告124Environmental,Social and Governance Report環境、社會及管治報告158Independent Auditors Report獨立核數師報告314Consolidated Statement of Profit or Loss and Other Comprehensive Income綜合損益及其他全面收益表322Consolidated State

3、ment of Financial Position綜合財務狀況表324Consolidated Statement of Changes in Equity綜合權益變動表326Consolidated Statement of Cash Flows綜合現金流量表328Notes to Financial Statements財務報表附註331Five-Year Financial Summary五年財務概要477Definitions and Glossaries釋義及詞彙478GUSHENGTANG HOLDINGS LIMITED Annual Report 20252Corporate

4、 Information公司資料 DIRECTORSExecutive Director Mr.Tu Zhiliang(涂志亮)(Chairman)Non-executive DirectorsMr.Huang JingshengMr.Liu Kanghua(劉康華)Mr.Cao Yanling(曹彥凌)(appointed with effect from March 31,2026)Mr.Gao Jian(高建)(retired with effect from June 20,2025)Independent Non-executive DirectorsMs.Wang Lan(王蘭)(

5、appointed with effect from March 31,2025)Mr.Li Tie(李鐵)Mr.Zhong Weihe(仲偉合)Ms.Jin Xu(金旭)(resigned with effect from March 31,2025)AUDIT COMMITTEEMr.Li Tie(李鐵)(Chairperson)Mr.Huang JingshengMr.Zhong Weihe(仲偉合)REMUNERATION COMMITTEEMs.Wang Lan(王蘭)(Chairperson)(appointed with effect from March 31,2025)Ms.

6、Jin Xu(金旭)(Chairperson)(resigned with effect from March 31,2025)Mr.Li Tie(李鐵)Mr.Huang Jingsheng董事執行董事涂志亮先生（主席）非執行董事Huang Jingsheng先生劉康華先生曹彥凌先生（自2026年3月31日起獲委任）高建先生（自2025年6月20日起退任）獨立非執行董事王蘭女士（自2025年3月31日起獲委任）李鐵先生仲偉合先生金旭女士（自2025年3月31日起辭任）審核委員會李鐵先生（主席）Huang Jingsheng先生仲偉合先生薪酬委員會王蘭女士（主席）（自2025年3月31日起獲委任