Annual Report 2025

舜宇光學科技（集團）有限公司 • 2025 年報 29 Management Discussion and Analysis 管理層討論與分析 As disclosed in the announcement of the Company dated 8 December 2025, the transfer of the entire equity interests in certain subsidiaries in exchange for equity interests in Goertek Optical and further subscription for equity interest in Goertek Optical by the Group have been completed on 8 December 2025. Immediately upon the completion of the Share Swap and the completion of the Subscription, Sunny OmniLight Technology Co., Ltd. (“ Ningbo OmniLight ”), a wholly-owned subsidiary of Sunny Zhejiang Optics, holds approximately 31.31% equity interests in Goertek Optical and has become the second largest equity owner of Goertek Optical. Below sets forth the details of the Share Swap and the Subscription. The date of completion of the Share Swap and the Subscription 8 December 2025 Parties (1) the Company; (2) Sunny Zhejiang Optics; (3) Ningbo OmniLight; (4) Sunny OmniLight NanoOptics Co., Ltd. and Sunny OmniLight NanoOptics Information Technology Co., Ltd. (collectively, “ Shanghai OmniLight ”), and these two companies were established in the PRC with limited liability and were subsidiaries of Ningbo OmniLight prior to the completion of the Share Swap; (5) Ningbo Sun Ao Self-funded Investment Partnership (Limited Liability Partnership) (“ Ningbo Sun Ao ”), a limited liability partnership set up on 26 September 2025 by the management staff of the Company (including Mr. Wang Wenjie, Mr. Ni Wenjun and Mr. Ye Liaoning, all of whom were Directors at relevant time), for the purposes of holding the equity interests in Shanghai OmniLight prior to completion and the equity interests in Goertek Optical upon completion; (6) Ningbo Sun Cheng Self-funded Investment Partnership (Limited Liability Partnership) (“ Ningbo Sun Cheng ”), a limited liability partnership set up on 25 September 2025 by the employees of Shanghai OmniLight for the purposes of holding the equity interests in Shanghai OmniLight prior to completion and the equity interests in Goertek Optical upon completion; 如本公司日期為二零二五年十二月八日的公告 所披露，本集團轉讓附屬公司全部股權以換取 歌爾光學股權及進一步認購歌爾光學的股權， 已於二零二五年十二月八日完成。緊隨換股完 成及認購事項完成後，寧波舜宇奧來技術有限 公司（「 寧波奧來 」）（舜宇浙江光學的全資附屬 公司）持有歌爾光學約 31.31% 的股權，並成為 歌爾光學第二大股權擁有人。 以下是換股及認購事項的詳情。 換股及認購事項完成日期 均為二零二五年十二月八日 訂約方 (1) 本公司； (2) 舜宇浙江光學； (3) 寧波奧來； (4) 舜宇奧來微納光學（上海）有限公司及舜宇 奧來微納光電信息技術（上海）有限公司 （合稱「 上海奧來 」），這兩間公司均為在中 國成立的有限責任公司，在換股完成前為 寧波奧來的附屬公司； (5) 寧波舜奧自有資金投資合夥企業（有限合 夥）（「 寧波舜奧 」），一間由本公司管理層 人員（包括彼時均為董事的王文杰先生、倪 文軍先生及葉遼寧先生）於二零二五年九月 二十六日設立的有限合夥企業，於完成前 持有上海奧來的股權及於完成後持有歌爾 光學的股權； (6) 寧波舜承自有資金投資合夥企業（有限合 夥）（「 寧波舜承 」），一間由上海奧來的僱員 於二零二五年九月二十五日設立的有限合 夥企業，於完成前持有上海奧來的股權及 於完成後持有歌爾光學的股權；