Annual Report 2020

Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2020 110 Directors’ Report 董事會報告 PURCHASE, SALE OR REDEMPTION OF THE COMPANY’S SHARES The Company is empowered by the applicable Cayman Islands Companies Law and the Company’s Articles of the Association to repurchase its own shares subject to certain restrictions and the Board may only exercise this power on behalf of the Company subject to any applicable regulations imposed from time to time by the Hong Kong Stock Exchange. There was no purchase, sale, redemption or writing-off by the Company, with the exception of the trustee of the Restricted Share Award Scheme, of the Company’s listed shares during the year ended 31 December 2020. DIRECTORS’ INTERESTS IN SIGNIFICANT CONTRACTS Save as disclosed in the section “Connected transactions” of this report below, no significant contract, to which the Company, its holding company, its controlling shareholder, fellow subsidiaries or subsidiaries was a party and in which a Director had a material interest, whether directly or indirectly, subsisted at the end of the year or at any time during the year. MANAGEMENT CONTRACT No management contract in force during the year for the management and administration of the whole or any substantial part of the Group’s business subsisted at the end of the year or at any time during the year. DISCLOSURE OF SUBSTANTIAL SHAREHOLDERS’ EQUITIES As at 31 December 2020, so far as the Directors are aware of, the following persons or institutions have beneficial interests or short positions in any shares or underlying shares of the Company which would fall to be disclosed to the Company under the provisions of Divisions 2 and 3 of Part XV of the SFO, Cap 571 of the Laws of Hong Kong, or which were recorded in the register required to be kept by the Company pursuant to section 336 of the SFO: 購買、出售或贖回本公司股份 根據適用的開曼群島公司法和本公司章程細 則，本公司可在若干限制下購回其本身股份， 惟董事會僅可代表本公司行使該項權力時，必 須符合香港聯交所不時實施的任何適用規定。 截至二零二零年十二月三十一日止年度，本公 司（限制性股份獎勵計劃受託人所購買除外）概 無購買、出售、贖回或撇銷本公司的上市股份。 董事於重大合約權益 除本報告下文「關連交易」一節所披露者外，本 公司、其控股公司、控股股東、同系附屬公司 或附屬公司概無於年底或年內任何時間訂立仍 然有效而董事於其中（不論直接或間接）擁有重 大利益的重大合約。 管理合約 並無有關管理及經營本集團全部業務或任何重 大業務部分且於年底或年內任何時間仍然生效 的現行管理合約。 主要股東權益披露 於二零二零年十二月三十一日，就董事所知， 下列人士或機構擁有根據香港法例第 571 章證 券及期貨條例第 XV 部第 2 及 3 分部規定須向本公 司披露的任何本公司股份或相關股份中的實益 權益或淡倉，或根據證券及期貨條例第 336 節 要求本公司備存之登記冊上的權益或淡倉：