Interim Report 2024

Management Discussion and Analysis 管理層討論與分析 20 Sunny Optical Technology (Group) Company Limited • INTERIM REPORT 2024 * The English names are unofficial English translations of unlisted financial products with Chinese names only. If there is any inconsistency, the Chinese names shall prevail. # Other unlisted financial products included 51 unlisted financial products with 10 different banks to lower the concentration risk. The average fair value of these 51 unlisted financial products as at 30 June 2024 was approximately RMB134.9 million. The unlisted financial products were measured at fair value as at 30 June 2024. Such investment activities were primarily funded by the idle self-owned funds of the Group. The Board considers that the terms of such unlisted financial products are on normal commercial terms, fair and reasonable and in the interests of the Company and shareholders of the Company (the “ Shareholders ”) as a whole. For the six months ended 30 June 2024, the Group’s investments amounted to approximately RMB1,045.8 million, which were primarily used for the purchase of property, plant and equipment. These investments enhanced the Group’s R&D and technological application capabilities and production efficiency, which in turn expanded the sources of revenue. Future Plans for Material Investments or Capital Assets Looking forward, the Group will continue to further diversify its investments among different banks to lower the concentration risk and will closely monitor the performance of investments made and future investments plan in accordance with its prudent funding and treasury policy to utilise and to increase the yield of the idle funds of the Group while maintaining a high level of liquidity and a low level of risk. Such investment activities were made and will be made on the premises that it would not adversely affect the working capital of the Group or the operation of the Group’s principal business. In addition, the Group will strengthen management in capital investment, improve input-output efficiency and focus on optimizing operational efficiency. The Group will rely on the internal resources, bank borrowings or debt financing to meet the future demands for material investments or capital assets acquisition. * 沒有官方英文名稱的非上市金融產品的英文名稱 為非正式英文翻譯。如中英文不一致，則以中文 為準。 # 其他非上市金融產品包括與 10 家不同銀行的 51 項非上市金融產品，以降低集中風險。該 51 項 非上市金融產品於二零二四年六月三十日的公允 值平均約人民幣 134,900,000 元。 於二零二四年六月三十日，非上市金融產品以 公允值進行計量。該等投資活動主要由本集團 的閒置自有資金撥付。 董事會認為，該等非上市金融產品的條款符合 正常商業條款，屬公平合理及符合本公司及本 公司股東（「 股東 」）的整體利益。 截至二零二四年六月三十日止六個月，本集 團動用約人民幣 1,045,800,000 元進行投資活 動，主要用作購置物業、機器及設備。該等投 資增強了本集團的研發及技術應用能力，並提 升了生產效率，進而拓寬了收入來源。 未來作重大投資或購入資本資產的計 劃 展望未來，本集團將繼續令其於不同銀行的投 資更多元化，以降低風險集中度，並將密切監 察根據其審慎的融資及財政政策所作投資及未 來投資計劃之表現，以動用及增加本集團閒置 資金收益，同時維持高水平流動資金及低水平 風險。該等投資活動進行及將進行的前提為其 不會對本集團營運資金或本集團主要業務營運 產生不利影響。除此之外，本集團在資本性投 資方面將加強管理，提高投入產出效率，側重 優化經營效益。本集團將依賴內部資源、銀行 借貸或債務融資以滿足未來重大投資或購入資 本資產的需求。