Annual Report 2021

36 Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2021 Management Discussion and Analysis 管理層討論與分析 In the opinion of the Directors, the fair value change of the unlisted financial products was insignificant during the year of 2021. The Board considers that the terms of such unlisted financial products are on normal commercial terms, fair and reasonable and in the interests of the Company and its Shareholders as a whole. Such investment activities were funded primarily by the idle self-owned funds of the Group. Going forward, the Group will continue to further diversify its investments among different banks to lower the concentration risk and will closely monitor the performance of investments made and future investments plan in accordance with its prudent policy to utilise and to increase the yield of the idle funds of the Group while maintaining a high level of liquidity and a low level of risk. Such investment activities were made and will be made on the premises that it would not adversely affect the working capital of the Group or the operation of the Group’s principal business. For the year ended 31 December 2021, the Group’s investments amounted to approximately RMB2,588.9 million, mainly involved in the purchases of property, plant and equipment, the initial production settings for new products, payments for leasehold lands and the necessary equipment configurations for new projects. These investments enhanced the Group’s R&D and technological application capability and production efficiency, and thus expanded the sources of revenue. The Group adopts prudent funding and treasury policies, having its investment projects mostly capital-protected with fixed income, so as to strive for a stable and healthy financial position while improving returns. The Group will consider using financial instruments for hedging purposes if necessary and will continue to fund its future investment from its own financial resources. Looking forward, the Group intends to further invest to enhance its competitiveness. 董事認為，於二零二一年年內，非上市金融產 品的公允值變動並不重大。 董事會認為，該等非上市金融產品的條款符合 正常商業條款，屬公平合理及符合本公司及其 股東的整體利益。 該等投資活動主要由本集團的閒置自有資金撥 付。展望未來，本集團將繼續令其於不同銀行 的投資更多元化，以降低集中風險，並將密切 監察根據其審慎政策所作投資及未來投資計劃 之表現，以動用及增加本集團閒置資金的收 益，同時維持高水平流動資金及低水平風險。 該等投資活動進行及將進行的前提為其不會對 本集團營運資金或本集團主要業務的營運產生 不利影響。 截至二零二一年十二月三十一日止年度，本集 團動用約人民幣 2,588,900,000 元進行投資， 主要用作購置物業、機器及設備、新產品之產 能初始化設置、租賃土地付款和新項目的必要 設備配置。該等投資增強了本集團的研發及技 術應用能力與生產效率，並拓寬了收入來源。 本集團財政政策保持審慎原則，投資項目多為 保本且帶來固定收益之項目，以求財務狀況穩 健，同時提高回報。本集團將考慮使用金融工 具作對沖用途（如有需要），並將繼續以其本身 的財務資源為未來投資提供資金。 展望未來，本集團擬進一步投資以加強競爭力。