Annual Report 2023

Management Discussion and Analysis 管理層討論與分析 24 Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2023 債務證券 於二零二三年十二月三十一日，本集團的債務 證券約人民幣 2,897,500,000 元（二零二二年： 約人民幣 4,178,100,000 元）。本集團於二零 二三年一月十七日發行 400,000,000 美元可持 續發展掛鈎債券。有關更多詳情請參閱本年報 綜合財務報表附註 34 。 於二零二三年十二月三十一日，本集團的負債 比率約 11.1% ，指總借款佔總資本的比率（總資 本為總負債與股東權益之和），反映出本集團財 務狀況處於穩健的水平。 或然負債 於二零二三年十二月三十一日，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 於二零二三年十二月三十一日，除已抵押銀行 存款約人民幣 13,600,000 元（二零二二年：約 人民幣 9,800,000 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 參閱本年報綜合財務報表附註 27 。 承擔 於二零二三年十二月三十一日，本集團就收購 物業、機器及設備有已訂約但未於綜合財務報 表提供的資本開支約人民幣 690,800,000 元（二 零二二年：約人民幣 1,257,500,000 元）。 於二零二三年十二月三十一日，除上述披露 外，本集團並無任何其他資本承擔。 Debt securities As at 31 December 2023, debt securities of the Group amounted to approximately RMB2,897.5 million (2022: approximately RMB4,178.1 million). The Group issued USD400.0 million sustainability-linked bonds on 17 January 2023. For more details, please refer to Note 34 to the consolidated financial statements in this annual report. As at 31 December 2023, the Group’s gearing ratio of approximately 11.1% refers to the ratio of total borrowings to total capital (total capital being the sum of total liabilities and Shareholders’ equity), reflecting the Group’s financial position at a sound level. Contingent liabilities As at 31 December 2023, the Group did not have any material contingent liabilities or guarantees. Financing and funding and treasury policies and objectives The Group adopts prudent financing and funding and treasury policies. The Group will seek bank borrowings and debt financing when its operating demand grows, and will regularly review its bank borrowings and debt securities to achieve a sound financial position. PLEDGE OF ASSETS The Group did not have any pledge or charge on assets as at 31 December 2023, except for the pledged bank deposits of approximately RMB13.6 million (2022: approximately RMB9.8 million). For details of the pledged bank deposits, please refer to Note 27 to the consolidated financial statements in this annual report. COMMITMENTS As at 31 December 2023, the capital expenditure of the Group in respect of acquisition of property, plant and equipment contracted for but not provided in the consolidated financial statements amounted to approximately RMB690.8 million (2022: approximately RMB1,257.5 million). As at 31 December 2023, the Group had no other capital commitments save as disclosed above.