Annual Report 2025

Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2025 286 Notes to the Consolidated Financial Statements 綜合財務報表附註 FOR THE YEAR ENDED 31 DECEMBER 2025 截至二零二五年十二月三十一日止年度 37. 金融工具（續） b. 財務風險管理目標及政策 本集團的金融工具包括衍生金融資 產 ╱ 負債、貿易及其他應收款項、 應收 ╱ 付關連人士款項、按公允值 計入損益的金融資產、按公允值計入 其他全面收益的應收款項、按公允值 計入其他全面收益的權益工具、定期 存款、短期定期存款、已抵押銀行存 款、現金及現金等值項目、貿易及其 他應付款項、銀行借貸、收購專利應 付款項、取得的政府拆遷補償款及應 付債券。金融工具的詳情於相關附註 中披露。與此等金融工具相關的風險 包括市場風險（外匯風險、利率風險 及其他價格風險）、信貸風險及流動資 金風險。減輕此等風險的政策載列於 下文。本公司董事管理及監控此等風 險，確保及時有效地採取適當措施。 市場風險 本集團業務面臨的主要市場風險為外 匯風險、利率風險及其他價格風險。 市場風險進一步按敏感度分析界定。 以下為各類市場風險的詳情： (i) 外匯風險 本集團進行若干外幣買賣，因而面 對外匯風險。本集團若干現金及 現金等值項目、短期定期存款、已 抵押銀行存款、貿易及其他應收款 項、貿易及其他應付款項、應付債 券以及銀行借貸均以相關集團實體 功能貨幣以外的貨幣計值且均面臨 有關外匯風險。本集團密切監控匯 率變動及使用遠期外匯合約及外匯 期權合約以管理外匯風險。此外， 本集團與若干附屬公司的集團內結 餘以外幣計值，亦使本集團面臨外 匯風險。 37. FINANCIAL INSTRUMENTS (Continued) b. Financial risk management objectives and policies The Group’s financial instruments include derivative financial assets/liabilities, trade and other receivables, amounts due from/to related parties, financial assets at FVTPL, receivables at FVTOCI, equity instruments at FVTOCI, time deposits, short term fixed deposits, pledged bank deposits, cash and cash equivalents, trade and other payables, bank borrowings, payables for acquisition of patents, government relocation compensation received and bonds payable. Details of the financial instruments are disclosed in respective notes. The risks associated with these financial instruments include market risks (currency risk, interest rate risk and other price risk), credit risk and liquidity risk. The policies on how to mitigate these risks are set out below. The directors of the Company manage and monitor these exposures to ensure appropriate measures are implemented on a timely and effective manner. Market risks The Group’s activities expose it primarily to the market risks of currency risk, interest rate risk and other price risk. Market risk exposures are further measured by sensitivity analysis. Details of each type of market risks are described as follows: (i) Currency risk The Group undertakes certain foreign currency sales and purchases, which expose the Group to foreign currency risk. Certain of the Group’s cash and cash equivalents, short term fixed deposits, pledged bank deposits, trade and other receivables, trade and other payables, bonds payable and bank borrowings are denominated in currencies other than the functional currency of the relevant group entities and expose to such foreign currency risk. The Group manages its foreign currency risk by closely monitoring the movement of the foreign currency rates and utilising foreign currency forward contracts and foreign currency option contracts. In addition, the Company has intra-group balances with several subsidiaries denominated in foreign currency which also expose the Group to foreign currency risk.