Annual Report 2019

32 Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2019 Management Discussion and Analysis 管理層討論與分析 PERFORMANCE OF INVESTMENTS AND FUTURE INVESTMENTS PLAN The Group’s investing activities primarily include the purchases and release of unlisted financial products, placement and release of pledged bank deposits, placement and withdrawal of short term fixed deposits and purchases of property, plant and equipment. In particular, purchase and disposal of financial assets at fair value through profit or loss include debt investments, equity investments, fund investments and unlisted financial products. Among them, the fund investments are managed by relevant financial institutions, mainly investing in debt securities linked to the performance of related senior debts while unlisted financial products are managed by relevant banks in China, mainly investing in certain financial assets such as bonds, trusts and cash funds, and their investment incomes are determined based on the performance of relevant government debt instruments and treasury bills. Significant Investments As at 31 December 2019, the Group maintained a portfolio of unlisted financial products with the total carrying amount of approximately RMB5,289.2 million (31 December 2018: approximately RMB4,432.1 million). As at 31 December 2019, the size of the unlisted financial products subscribed by the Group in aggregate represented approximately 17.2% of the Group’s total assets (31 December 2018: approximately 19.4%). The investment costs for the unlisted financial products subscribed as at 31 December 2019 was approximately RMB5,289.2 million (31 December 2018: approximately RMB4,432.1 million). During the year of 2019, the amount of investment income from the unlisted financial products was approximately RMB189.8 million (2018: approximately RMB181.3 million). 投資表現及未來投資計劃 本集團的投資活動主要包括購置及解除非上市 金融產品、存放及解除已抵押銀行存款、存放 及提取短期定期存款及購置物業、機器及設 備。尤其是收購及出售按公允值計入損益的金 融資產包括：債務投資、股權投資、基金投資 及非上市金融產品。其中，基金投資由相關金 融機構管理，主要投資於和相關優先債表現掛 鈎的債務證券；非上市金融產品由中國的相關 銀行管理，主要投資於債券、信託及現金基金 等若干金融資產，其投資收益則根據相關政府 債務工具及國庫券的表現釐定。 重大投資 於二零一九年十二月三十一日，本集團維持一 項非上市金融產品的組合，總賬面值約人民幣 5,289,200,000 元（二零一八年十二月三十一 日：約人民幣 4,432,100,000 元）。於二零一九 年十二月三十一日，本集團認購的非上市金 融產品的總規模約佔本集團總資產的 17.2% （二零一八年十二月三十一日：約 19.4% ）。於 二零一九年十二月三十一日，認購的非上市 金融產品的投資成本約人民幣 5,289,200,000 元（二零一八年十二月三十一日：約人民幣 4 , 432 , 100 , 000 元）。於二零一九年年內， 來自非上市金融產品的投資收益金額約人民 幣 189 , 800 , 000 元（二零一八年：約人民幣 181,300,000 元）。