Interim Report 2014

舜宇光學科技（集團）有限公司 中期報告 2014 p15 Management Discussion and Analysis 管理層討論與分析 於二零一四年八月十五日，舜宇集團有限公司全 部股權之 25 名註冊持有人（「 舜宇代名人 」）與本 集團訂立一項有條件協議，據此，舜宇代名人 （代表於二零一四年八月十五日實益擁有舜宇集團 有限公司註冊資本權益之舜宇集團有限公司或其 附屬公司之僱員或前僱員行事）已同意以現金代 價人民幣 351,372,444.7 元向本集團出售於舜宇集 團有限公司之全部股權（「 收購事項 」）。舜宇集團 有限公司主要從事投資控股及物業租賃業務。根 據上市規則，收購事項構成本公司一項須予披露 及關連交易，須遵守獨立股東批准之規定。待收 購事項完成後，本集團將擁有舜宇集團有限公司 之 100% 股權。有關收購事項之詳情，請參閱本公 司日期為二零一四年八月十五日之公告。 展望未來，本集團擬進一步投資並擴大其產能以 加強競爭力。 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 其它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 四年六月三十日止六個月，定息銀行貸款及可 變利率銀行貸款的實際年利率分別約為 3.06% 及 5.19% 。本集團並無訂立任何類別的利率協定或 衍生交易以對沖利率波動。 On 15 August 2014, a conditional agreement was entered into between 25 registered holders of the entire equity interests in Sunny Group Limited (“ Sunny Nominees ”) and the Group pursuant to which Sunny Nominees, acting on behalf of the employees or ex-employees of Sunny Group Limited or its subsidiaries having beneficial interests in the registered capital of Sunny Group Limited as at 15 August 2014, have agreed to sell the entire equity interests in Sunny Group Limited to the Group at a consideration of RMB351,372,444.7 in cash (the “ Acquisition ”). Sunny Group Limited is principally engaged in investment holding and property leasing. The Acquisition constituted a discloseable and connected transaction under the Listing Rules and is subject to the approval of the independent Shareholders. Upon completion of the Acquisition, the Group will own 100% of the equity interest of Sunny Group Limited. For details of the Acquisition, please refer to the announcement of the Company dated 15 August 2014. Going forward, the Group intends to continue to invest in and expand its production capacity in order to enhance competitiveness. 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 the expansion of the Group and for other uses. Upward fluctuations in interest rates increase the costs of both existing and new debts. For the six months ended 30 June 2014, the effective interest rates on fixed-rate bank loans and variable-rate bank loans were approximately 3.06% and 5.19% per annum respectively. The Group had not entered into any type of interest rate agreements or derivative transactions to hedge against the fluctuations in interest rates.