Interim Report 2007

24 Sunny Optical Technology (Group) Company Limited Interim Report 2007 MANAGEMENT DISCUSSION AND ANALYSIS 管理層討論及分析 C. OUTLOOK AND FUTURE STRATEGIES Consumer electronic products such as camera mobile phones, digital still cameras and DVD players, have sustained continuous growth trends. With optical applications becoming more common in consumer electronic products, global demand for optical components and related products has continued to increase with substantial room for further growth. Since China has become the main global manufacturing base for consumer electronic products, these trends will continue to sustain immense opportunities for optical components manufacturers in the country. The Group, as a leading integrated optical components and products manufacturer, is well-poised to capture such opportunities. The Group's goal is to become a leading integrated optical products manufacturer in the world. In order to achieve this goal, going forward, the Group will continue to: • Enhance its R&D capability and develop more advanced and better quality products; • Leverage its professional knowledge and core competencies to expand product sales; • Strengthen and expand its supplier network; • Retain and recruit more technical staff with industry experience. The Group is confident that its business performance, in particular, revenue from optoelectronic products, will continue to be strong throughout the year of 2007 and provide our shareholders with fruitful returns. D. LIQUIDITY AND FINANCIAL RESOURCES Cash flows During the six months ended 30 June 2007, the Group mainly funded its operations through internal funding and bank borrowings. The sources of the Group’s major operating cash flows are sales receipts of its products. The Group recorded a net increase in cash and cash equivalents of approximately RMB636.9 million for the six months ended 30 June 2007 and net decrease in cash and cash equivalents of approximately RMB43.8 million from the same period in 2006. C. 展望及未來策略 消費電子產品如具照相功能的流動電話、數 碼相機及數碼播放機等保持持續的增長。隨 著消費電子產品中的光學裝置越來越普及， 環球市場對光學零件及相關產品的需求亦不 斷的增加，並具備龐大的進一步增長空間。由 於中國已經成為全球主要的消費電子產品生 產基地，這些趨勢將為中國的光學產品製造 商提供持續增加的商機。作為領先的綜合光 學零件及產品生產商，本集團已穩佔有利位 置以把握當前的商機。 本集團的目標是成為一家全球領先的綜合光 學產品生產商。為了實現這一個目標，展望未 來，本集團將會繼續致力於： • 提高自身的研發能力和開發更先進及 更優質的產品； • 憑藉本身專業的知識和核心的競爭能 力，以擴大產品銷售； • 加強及拓展供應商網絡； • 挽留及聘用更多具有行業經驗的技術 人員。 本集團有信心二零零七年全年的業務將可持 續強勁的趨勢，尤其是光電產品的銷售，以為 集團的股東帶來豐碩的回報。 D. 流動資金及資本來源 現金流量 截至二零零七年六月三十日止六個月期間， 本集團主要以內部資金及銀行借貸作為營運 資金。主要經營現金流入則來自產品銷售收 入。 本集團於截至二零零七年六月三十日止六個 月錄得現金及現金等值淨流入額約人民 幣 6.369 億元，而二零零六年同期則錄得現金 及現金等值淨流出約人民幣 4,380 萬元。