Annual Report 2025

Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2025 304 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) c. Fa i r v a l ue mea su r emen t s o f f i nanc i a l instruments The Group’s management is responsible for the fair value measurements of assets and liabilities required for financial reporting purposes. The management reports directly to the board of directors for these fair value measurements. In estimating the fair value, the Group uses market-observable data to the extent it is available. For instruments with significant unobservable inputs under Level 3, the Group will normally engage external valuation experts with the recognised professional qualifications to perform the valuations. Fair values are categorised into different fair value hierarchy based on the inputs used in the valuation techniques as follows: • Level 1 fair value measurements are those derived from quoted prices (unadjusted) in active markets for identical assets or liabilities; • Level 2 fair value measurements are those derived from inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices); • Level 3 fair value measurements are those derived from valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable (significant unobservable input). 37. 金融工具（續） c. 金融工具的公允值計量 本集團管理層負責財務報告所需資產 及負債的公允值計量。管理層就該等 公允值計量直接向董事會匯報。 估算公允值時，本集團在可用範圍內 採用市場可觀察數據。對於第三級下 具有重大不可觀察輸入數據的工具， 本集團通常委聘具有獲認可專業資格 的外部估值專家進行估值。 公允值根據估值法所用的輸入數據分 為以下不同的公允值等級： • 第一級公允值計量是指根據活躍市 場中相同資產或負債的報價（未經 調整）得出的公允值； • 第二級公允值計量是指根據除第一 級所包含的報價以外的、可直接 （即價格）或間接（即由價格推導） 觀察的資產或負債輸入數據得出的 公允值； • 第三級公允值計量是指使用估值法 得出的公允值，其中對公允值計量 具有重大影響的最低層次輸入數據 是不可觀察的（重大不可觀察輸入 數據）。