Interim Report 2007

26 Sunny Optical Technology (Group) Company Limited Interim Report 2007 MANAGEMENT DISCUSSION AND ANALYSIS 管理層討論及分析 Sufficient capital expenditure investment will be fundamental to the Group’s expansion plans in order to meet the expected increase in demand for optical components and optoelectronic products. The Company intends to invest approximately RMB275.0 million from its global offering for the expansion of production capability and capacity; approximately RMB123.0 million for the enhancement of research and development activities and facilities; approximately RMB28.0 million for the acquisition of land and the buildings erected thereon, which are currently leased by Sunny Group Limited for the manufacture and research and development of optical instruments; approximately RMB25.0 million for the enhancement of information systems; approximately RMB130.0 million for the repayment of short-term bank loans for working capital. The remaining amount will provide funding for working capital and other general corporate purposes. The proceeds from global offering were not used by the Company as of 30 June 2007. To the extent that any part of the net proceeds to the Company from the global offering are not immediately used for the above purposes, the Directors may allocate such proceeds to short-term interest-bearing deposits and/or money-market instruments with authorised financial institutions and/or licensed banks in Hong Kong and/or China. The Group did not have any significant investment position in stocks, bonds and other financial derivatives and there were no acquisition and disposal of subsidiaries and associates of the Group during the period covered by this interim report. G. OFF-BALANCE SHEET TRANSACTIONS AND CONTINGENT LIABILITY As of 30 June 2007, the Group did not have any material off- balance sheet transactions. 為配合預期光學部件和光電產品需求的增 長，足夠的資本開支的投入將為集團產能的 擴充計劃打下基礎。 公司計劃從全球發售所得中投資約人民 幣 2.75 億元提升生產能力的和產能；約人民幣 1.23 億元用於加強研發活動和設施；約人民幣 2,800 萬元用於收購目前舜宇集團租用作為 生產及研發光學儀器之土地及建於其上的物 業；約人民幣 2,500 萬元用於提升資訊系統； 約人民幣 1.3 億元用於償還營運資金的短期銀 行貸款；餘額用作營運資金和其他一般企業 用途。 於二零零七年六月三十日，本公司並未動用 全球發售所得資金。 倘本公司自全球發售所得款項淨額的任何部 分並未實時作上述用途，則董事可將該筆所 得款項存放於短期計息存款及／或所認可財 務機構的貨幣市場工具及／或香港及／或中 國的持牌銀行。 集團並無在股票、債券和其他金融衍生工具 作出任何重大投資。截止到本中期報告的營 業期內，集團子公司和相關公司並無進行任 何收購和出售。 G. 資產負債表以外交易和 或然負債 於二零零七年六月三十日，本集團並無訂立 任何重大資產負債表以外交易。