Interim Report 2018

Management Discussion and Analysis 管理層討論與分析 12 Sunny Optical Technology (Group) Company Limited INTERIM REPORT 2018 行政費用 截至二零一八年六月三十日止六個月，本集團 的行政費用較去年同期增加約 0.9% 或約人民幣 1,700,000 元至約人民幣 184,100,000 元，佔本集 團收入約 1.5% ，所佔比例較去年同期下降約 0.3 個百分點。總體行政費用上升的主要原因為行政 員工數量及薪資的上升，限制性股份的授出及相 關福利成本的相應提高。 所得稅開支 截至二零一八年六月三十日止六個月，本集團的 所得稅開支較去年同期下降約 6.1% 或約人民幣 14,400,000 元至約人民幣 222,600,000 元。下降 的主要原因是由於本公司取得香港特別行政區居 民身份證明書，預提所得稅金額減少。於回顧期 內，本集團的實際有效稅率約 15.8% ，去年同期 則約 17.0% 。 下表顯示本集團各中國附屬公司的適用稅率： Name of Subsidiaries Type of Subsidiaries 2017 2018 2019 2020 (Expected) (Expected) 附屬公司名稱 附屬公司類型 二零一七年 二零一八年 二零一九年 二零二零年 （預期） （預期） +* Zhejiang Sunny Optics Co., Ltd.  (“ Sunny Zhejiang Optics ”) Limited liability company  (Taiwan, Hong Kong or  Macau joint venture) +* 浙江舜宇光學有限公司 （「 舜宇浙江光學 」） 有限責任公司 （台港澳合資） 15.0% 15.0% 15.0% 15.0% +* Ningbo Sunny Instruments Co., Ltd.  (“ Sunny Instruments ”) Limited liability company  (Taiwan, Hong Kong or  Macau joint venture) +* 寧波舜宇儀器有限公司 （「 舜宇儀器 」） 有限責任公司 （台港澳合資） 15.0% 15.0% 15.0% 15.0% Administrative Expenses The Group’s administrative expenses for the six months ended 30 June 2018 increased by approximately 0.9% or approximately RMB1.7 million to approximately RMB184.1 million as compared with the corresponding period of last year, accounting for approximately 1.5% of the Group’s revenue, which was approximately 0.3 percentage point lower than that for the corresponding period of last year. The increase in overall administrative expenses was mainly attributable to the increase in the headcount and remuneration of administrative staff, the grant of restricted shares and the corresponding increase of relevant fringe benefits cost. Income Tax Expense The Group’s income tax expense for the six months ended 30 June 2018 decreased by approximately 6.1% or approximately RMB14.4 million to approximately RMB222.6 million as compared with the corresponding period of last year. The decrease was mainly because the Company has obtained the Certification of Resident Status of Hong Kong Special Administrative Region and thus the amount of withholding income tax has been reduced. The Group’s actual effective tax rate was approximately 15.8% during the period under review and it was approximately 17.0% for the corresponding period of last year. The tax rates applicable to the Group’s subsidiaries in the PRC are shown as follows: