Annual Report 2025

Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2025 292 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. FINANCIAL INSTRUMENTS (Continued) b. Financial risk management objectives and policies (Continued) Credit risk and impairment assessment (Continued) Other receivables, loan receivable and amounts due from related parties The management of the Group makes periodic individual assessment on the recoverability of other receivables, loan receivable and amounts due from related parties based on historical settlement records, past experience, and also available reasonable and supportive forward-looking information under ECL model upon application of HKFRS 9. For the year ended 31 December 2025 and 2024, the Group assessed the ECL for other receivables and amounts due from related parties were insignificant and thus no loss allowance was recognised. Unlisted financial products at FVTPL and derivative financial assets As at 31 December 2025 and 2024, the Group has concentration of credit risk on its unlisted financial products at FVTPL. The credit risk on unlisted financial products at FVTPL is limited by the underlying assets invested by the unlisted financial products being the PRC government related debt instruments and treasury notes and the counterparties who issued these unlisted financial products are banks with good reputations. The credit risks on derivative financial assets are limited because the counterparties are banks with high credit ratings. 37. 金融工具（續） b. 財務風險管理目標及政策（續） 信貸風險及減值評估 （續） 其他應收款項、應收貸款及應收關連 人士款項 本集團管理層於應用香港財務報告準 則第 9 號後根據預期信貸虧損模式基 於歷史還款記錄、過往經驗以及可得 的合理且有理據的前瞻性資料就其他 應收款項、應收貸款及應收關聯人士 款項的可收回性定期作出個別評估。 截至二零二五年及二零二四年十二月 三十一日止年度，本集團評估其他應 收款項的預期信貸虧損，而應收關連 人士款項並不重大，因此並無確認虧 損撥備。 按公允值計入損益的非上市金融產品 及衍生金融資產 於二零二五年及二零二四年十二月 三十一日，本集團的信貸風險集中於 按公允值計入損益的非上市金融產 品。按公允值計入損益的非上市金融 產品的信貸風險有限，此乃由於非上 市金融產品投資的相關資產為中國政 府有關債務工具及國庫券，且發行該 等非上市金融產品的對手方為聲譽良 好的銀行。 由於對手方均為信貸評級良好的銀 行，故有關衍生金融資產的信貸風險 有限。