Annual Report 2025

Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2025 126 Directors’ Report 董事會報告 Important Events since 31 December 2025 Proposed Spin-off As disclosed in the Company’s announcements dated 5 January 2026 and 27 January 2026, the Spin-off Company, through its joint sponsors, submitted an application form (Form A1) to the Stock Exchange for approval of the listing and trading of H shares of the Spin-off Company on the Main Board of the Stock Exchange (the “ Proposed Spin-off ”). The Company considers the Proposed Spin- off to be commercially beneficial to the Company and the Spin-off Company and in the interests of the Shareholders as a whole. The Company will continue to keep Shareholders and investors updated on material developments regarding the spin-off through announcements to be issued from time to time. Purchase, sale or redemption of the Company’s Shares The Board reported that pursuant to the General Mandate, during the period from 8 January 2026 to 28 January 2026, the Company repurchased an aggregate of 15,840,000 Shares on the Stock Exchange (the “ Share Repurchase ”). The aggregate amount involved in the Share Repurchase was approximately HKD1,015,500,470 (excluding commission and other expenses), at the highest, lowest and average price of approximately HKD66.60, HKD61.40, and HKD64.1099 per Share, respectively. The Share Repurchase was conducted under the Repurchase Mandate. Pursuant to the Repurchase Mandate, the Company is allowed to repurchase up to 109,480,480 Shares, representing 10% of the total number of Shares in issue as at the AGM held on 27 May 2025. The Share Repurchase was funded by the Company’s internal resources. The Company will hold the repurchased Shares as treasury shares and subsequently use them to incentivise employees by way of equity incentive plans. The Directors believe that conducting the Share Repurchase in the present conditions demonstrates the Company’s confidence in its own business outlook and prospects and would, ultimately, benefit the Company and the Shareholders. For more details, please refer to the announcement of the Company dated 29 January 2026. 自二零二五年十二月三十一日起的重 要事項 建議分拆 誠如本公司日期為二零二六年一月五日及二零 二六年一月二十七日的公告所披露，分拆公司 透過其聯席保薦人向聯交所遞交上市申請表格 （ A1 表格），申請批准分拆公司 H 股在聯交所主 板上市及買賣（「 建議分拆 」）。本公司認為建議 分拆對本公司和分拆公司具有商業利益且符合 整體股東的利益。 本公司將通過不時發佈的公告，繼續向股東和 投資者更新有關分拆的重大進展。 購回、出售或贖回本公司股份 董事會表示，根據一般授權，於二零二六 年一月八日至二零二六年一月二十八日期 間，本公司於聯交所購回合共 1 5 , 8 4 0 , 0 0 0 股（「 股份購回 」）。股份購回涉及的總金額約 為 1,015,500,470 港元（不包括佣金及其他支 出），最高價格、最低價格及平均價格分別約為 每股股份 66.60 港元、 61.40 港元及 64.1099 港 元。 股份購回乃根據購回授權進行。根據購回授 權，本公司最高可購回 109,480,480 股股份， 相當於於二零二五年五月二十七日舉行的股東 週年大會當日已發行股份總數的 10% 。 股份購回以本公司的內部資源撥付。本公司將 購回股份持作庫存股份，其後將用於通過股權 激勵計劃方式激勵僱員。董事認為，於現況下 進行股份購回可展示本公司對自身業務展望及 前景充滿信心，且最終會為本公司及股東帶來 裨益。更多詳情請參閱本公司日期為二零二六 年一月二十九日的公告。