Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 331

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 331
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 |
| – Europe                                      |     |                         |  3,798 |     |         |  6,589 |     |         |  9,660 |
| – America                                     |     |                         |  3,822 |     |         |  5,157 |     |         |  4,866 |
| – Southeast Asia                              |     |                         |      — |     |         |  2,642 |     |         |  3,667 |
|                                               |     |                         |  7,670 |     |         | 14,422 |     |         | 18,859 |
| Hotel operation, hospitality and VIP services |     |                         |        |     |         |        |     |         |        |
| – China (including Hong Kong)                 |     |                         |  3,201 |     |         |  5,423 |     |         |  5,801 |
| – Southeast Asia                              |     |                         |      — |     |         |      — |     |         | 17,331 |
|                                               |     |                         |  3,201 |     |         |  5,423 |     |         | 23,132 |
| Total                                         |     |                         | 10,871 |     |         | 19,845 |     |         | 41,991 |

<div align='center'>F-71

THE GENERATION ESSENTIALS GROUP
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
F OR THE YEARS ENDED DECEMBER 31, 2022, 2023 AND 2024</div>

| 4. | OPERATING SEGMENT INFORMATION (cont.) |

The following table sets forth the Group’s non-current
assets (other than financial assets) by geographical areas based on the location of the operations:

|                             |     | As of December 31, |         |     |         |         |     |         |         |
|                             |     |               2022 |         |     |    2023 |         |     |    2024 |         |
|                             |     |            US$’000 |         |     | US$’000 |         |     | US$’000 |         |
| China (including Hong Kong) |     |                    | 173,125 |     |         | 179,221 |     |         |