Annual Report 2024

Directors’ Report 董事會報告 124 Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2024 PURCHASE, SALE OR REDEMPTION OF THE COMPANY’S SHARES The Company is empowered by the applicable provisions under the Companies Act in the Cayman Islands and the amended and restated articles of association adopted by the Company to repurchase its own Shares subject to certain restrictions and the Board may only exercise this power on behalf of the Company subject to any applicable requirements imposed from time to time by Hong Kong Stock Exchange. For the year ended 31 December 2024, the Company repurchased a total of 1,970,000 Shares on the Hong Kong Stock Exchange pursuant to the repurchase mandate granted by the Shareholders at the annual general meeting on 24 May 2023 (the “ Repurchase Mandate ”) and all such repurchased Shares were cancelled accordingly. Meanwhile, there were no Shares repurchased and held by the Company as treasury shares for the year ended 31 December 2024. The Directors believe that the repurchase of Shares shall enhance the net value of the Group and its assets and/or earnings per share. It also reflected the confidence of the Board and the Management in the long-term strategy and growth of the Company. Details of the monthly breakdown regarding the repurchase of Shares by the Company on the Hong Kong Stock Exchange under the Repurchase Mandate for the year ended 31 December 2024 were set out below. Month of repurchase 購回月份 Number of Shares repurchased 購回股份數目 Highest purchase price per Share 每股最高購買價格 HKD 港元 Lowest purchase price per Share 每股最低購買價格 HKD 港元 Aggregate Consideration (before expenses) (Note) 總代價（費用前） （附註） HKD 港元 March 2024 二零二四年三月 930,000 44.40 38.90 38,582,680 April 2024 二零二四年四月 1,040,000 38.85 37.10 39,258,440 Total 總計 1,970,000 77,841,120 Note: The aggregate consideration excluded the commission and other expenses thereof. 購回、出售或贖回本公司股份 根據開曼群島公司法中的適用條款和本公司採 納的經修訂及重列之章程細則，本公司可在若 干限制下購回其股份，惟董事會僅可代表本公 司行使該項權力時，必須符合香港聯交所不時 實施的任何適用規定。 截至二零二四年十二月三十一日止年度，本公 司根據股東於二零二三年五月二十四日舉行的 股東週年大會授予的購回授權（「 購回授權 」）自 香港聯交所購回共 1,970,000 股股份，且所有 該等購回股份已被相應註銷。同時，截至二零 二四年十二月三十一日止年度，本公司並無購 回並以庫存股份方式持有的股份。董事相信購 回股份將有助於提高本集團及其資產及╱或其 每股盈利之價值淨額，這亦反映董事會及管理 層對本公司的長遠策略及增長充滿信心。 截至二零二四年十二月三十一日止年度，本公 司在購回授權下於香港聯交所購回股份的月度 明細詳情載列如下。 附註 : 總代價內不包括佣金及其他支出。