Interim Report 2010

Sunny Optical Technology (Group) Company Limited 舜宇光學科技（集團）有限公司 / Interim Report 2010 中期報告 12 Management Discussion and Analysis 管理層討論及分析 市場風險的量化和質化披露 利率風險 本集團面對作為營運資金以及用於本集團拓展和 其他用途的資本開支的銀行借貸利率風險。利率 上調會增加現有及新增債務成本。截至二零一零 年六月三十日止六個月，定息銀行貸款的實際年 利率約為 2.90% 。本集團並無訂立任何類別的利 率協議或衍生交易以對沖利率波動。 匯率波動風險 本集團大部份產品會出口銷售至國際巿場，同時 也自國際巿場購買大量產品，以上交易以美元或 其他外幣計算。為降低此風險，本集團已訂立若 干外匯交易工具以減低貨幣風險。 僱員和薪酬政策 於二零一零年六月三十日，本集團擁有 8,295 名 全職僱員，包括 1,630 名管理和行政人員， 6,504 名生產人員和 161 名營運支持人員。為挽留傑出 人才，本集團根據公司整體及員工的個別表現， 向僱員提供具競爭力之薪酬福利，包括薪資、醫 療保險、酌情花紅、其它員工福利、強制性公積 金計劃（香港）及國家管理退休福利計劃（國內） 等。本集團亦採納購股權計劃及受限制股份獎勵 計劃，旨在為對本集團有貢獻的合資格者提供鼓 勵和獎勵。截至二零一零年六月三十日止六個 月，本公司並無根據計劃向任何人士授出或同意 授出購股權。此外，截至二零一零年六月三十日 止， 33,560,000 股受限制股份根據受限制股份獎 勵計劃獲授予合資格參與者。 Quantitative and Qualitative Disclosure about Market Risk Interest rate risk The Group is exposed to interest rate risks on its bank borrowings for working capital and capital expenditures that are associated with our expansion and for other uses. Upward adjustment in interest rates increase the costs of both existing and new debts. For the six months ended 30 June 2010, the effective interest rate of fixed-rate bank loans was approximately 2.90% per annum. The Group has not entered into any types of interest rate agreements or derivative transactions to hedge against the fluctuation in interest rates. Foreign exchange rate fluctuation risk The Group exports a significant portion of its products to and makes purchases from international markets where transactions are denominated in U.S. dollars or other foreign currencies. To reduce the risk, the Group has entered into certain foreign exchange trading facilities to reduce its currency risks. Employee and Remuneration Policy The Group had a total of 8,295 dedicated full time employees as of 30 June 2010, including 1,630 management and administrative staff, 6,504 production staff and 161 operation supporting staff. In line with the Group’s and individual performance, a competitive remuneration package is offered to retain elite employees including salaries, medical insurance, discretionary bonuses, other benefits as well as mandatory provident fund scheme for employees in Hong Kong and state-managed retirement benefit scheme for employees in the PRC. The Group has also adopted a share option scheme and restricted share award scheme for its employees, providing incentives and rewards to eligible participants with reference to their contribution. For the six months ended 30 June 2010, no share option was granted or agreed to be granted by the Group under the scheme. As of 30 June 2010, a total of 33,560,000 restricted shares have been offered to eligible participants in accordance with the restricted share award scheme.