Interim Report 2018

Management Discussion and Analysis 管理層討論與分析 舜宇光學科技（集團）有限公司 2018 中期報告 19 債務證券 於二零一八年六月三十日，本集團的債務證券約 人民幣 3,931,200,000 元。 本 集 團 於 二 零 一 八 年 一 月 十 六 日 發 行 600,000,000 美元債，有關詳情請參閱簡明綜合 財務報表附註內的附註 28 。 本集團的負債比率是指總借款佔總資本的比例 （總資本為總負債與股東權益之和）約 26.7% ，反 映出本集團財務狀況處於十分穩健的水準。 或然負債 於二零一八年六月三十日，本集團並無任何重大 或然負債或擔保。 融資及財政政策和目標 本集團採納謹慎的融資及財政政策。本集團將於 運營需求增長時尋求銀行借貸及債務融資，並定 期審查其銀行借貸及債務證券情況以達致一個穩 健的財務狀況。 資產抵押 於二零一八年六月三十日，除已抵押銀行存款約 人民幣 355,300,000 元外，本集團並無任何資產 抵押或押記。有關已抵押銀行存款之詳情，請參 閱簡明綜合財務報表附註內的附註 23 。 Debt security As at 30 June 2018, the debt security of the Group amounted to approximately RMB3,931.2 million. The Group issued USD600.0 million bonds on 16 January 2018. For details, please refer to Note 28 of the notes to the condensed consolidated financial statements. The gearing ratio of the Group by reference to the total debt to total book capitalisation ratio (total book capitalisation means the sum of total liabilities and shareholders’ equity) was approximately 26.7%, reflecting that the Group’s financial position was at a sound level. Contingent liabilities As at 30 June 2018, the Group did not have any material contingent liabilities or guarantees. Funding and treasury policies and objectives The Group adopts prudent funding and treasury policies. The Group will seek bank borrowings and debt financing when operational needs arise and review its position of bank borrowings and debt security regularly to strive for a stable and healthy financial position. PLEDGE OF ASSETS As at 30 June 2018, the Group did not have any pledge or charge on assets, except for the pledged bank deposits of approximately RMB355.3 million. For details of the pledged bank deposits, please refer to Note 23 of the notes to the condensed consolidated financial statements.