Annual Report 2025

舜宇光學科技（集團）有限公司 • 2025 年報 33 Management Discussion and Analysis 管理層討論與分析 Important Investments As at 31 December 2025, the Group maintained a portfolio of unlisted financial products with the total carrying amount of approximately RMB11 , 407 . 4 m i l l i on ( 31 De c embe r 2024 : app r o x i ma t e l y RMB13,873.7 million), of which approximately RMB5,040.4 million has been released on or before the latest practicable date (i.e. 25 March 2026) before the publication date (i.e. 30 March 2026) of annual results announcement for the year ended 31 December 2025 of the Company. As at 31 December 2025, the fair value of the unlisted financial products subscribed by the Group in aggregate represented approximately 19.3% of the Group’s total assets (31 December 2024: approximately 25.8%). As at 31 December 2025, the investment costs for the unlisted financial products subscribed were approximately RMB11,159.3 million (31 December 2024: approximately RMB13,668.9 million). For the year ended 31 December 2025, the amount of investment income from the unlisted financial products at fair value through profit or loss (“ FVTPL ”) was approximately RMB328.5 million (2024: approximately RMB314.1 million). Save as disclosed above, to the best knowledge of the Directors, there was no new significant investment made by the Group for the year ended 31 December 2025. 重要投資 於二零二五年十二月三十一日，本集團維持一 個非上市金融產品的組合，總賬面值約人民幣 11,407,400,000 元（二零二四年十二月三十一 日：約人民幣 13,873,700,000 元），其中約 人民幣 5,040,400,000 元已於本公司截至二零 二五年十二月三十一日止年度全年業績公告發 佈日期（即二零二六年三月三十日）前的最後可 行日期（即二零二六年三月二十五日）或之前解 除。 於二零二五年十二月三十一日，本集團認購的 非上市金融產品的公允值合共約佔本集團總資 產的 19.3% （二零二四年十二月三十一日：約 25.8% ）。 於二零二五年十二月三十一日，認購的非上市 金融產品的投資成本約人民幣 11,159,300,000 元（二零二四年十二月三十一日：約人民幣 13,668,900,000 元）。 截至二零二五年十二月三十一日止年度，來 自按公允值計入損益（「 按公允值計入損益 」） 的非上市金融產品的投資收益金額約人民 幣 328 , 500 , 000 元（二零二四年：約人民幣 314,100,000 元）。 除上述所披露者外，據董事所深知，截至二零 二五年十二月三十一日止年度，本集團未作出 任何新的重大投資。