PDF《FOCUS》

FOCUS on the beauty of technology 聚焦科技之美 Interim Report

2016 中期报告 Sunny Optical Technology (Group) Company Limited (the Company or Sunny Optical , together with its subsidiaries, the Group ) (Stock Code: 2382.

HK) is a leading integrated optical components and products manufacturer with more than thirty years of history in the People'

s Republic of China (the PRC or China ). The Group is principally engaged in the design, research and development ( R&

D ), manufacture and sales of optical and optical-related products. Such products include optical components (such as glass spherical and aspherical lenses, plane products, handset lens sets, vehicle lens sets and other various lens sets) ( Optical Components ), optoelectronic products (such as handset camera modules, three dimensional ( 3D ) optoelectronic products, security cameras and other optoelectronic modules) ( Optoelectronic Products ) and optical instruments (such as microscopes, optical measuring instruments and various high-end optical analytical instruments) ( Optical Instruments ). The Group focuses on the application fields of optoelectronic-related products, such as handsets, digital cameras, vehicle imaging systems, security surveillance systems, optical measuring instruments and high-end optical analytical instruments, which are combined with optical, electronic, software and mechanical technologies. 舜宇光学科技 (集团)有限公司 ( 「本公司」或 「舜 宇光学」 , 连同其附属公司「本 集团」 ) (股份代号:2382.HK)为一间在中华人民共和国(「中 国」 )领先并拥有逾三十年历史的综合光学零件 及产品生产商.本集团主要从事设计、研究与开 发(「研发」 ) 、生产及销售光学及其相关产品. 该等产品包括光学零件 (例如玻璃球面及非球面 镜片、平面产品、手机镜头、车载镜头及其他各 种镜头) ( 「光学零件」 ) 、光电产品 (例如手机照 相模组、三维 ( 「3D」 )光电产品、安防相机及其 他光电模组) ( 「光电产品」 )及光学仪器 (例如显 微镜、光学测量仪器及各种高端光学分析仪器) ( 「光学仪器」 ) .本集团专注於需综合运用光学、 电子、软件及机械技术的光电相关产品的应用领 域,如手机、数码相机、车载成像系统、安防监 控系统、光学测量仪器及高端光学分析仪器等. CORPORATE PROFILE 公司简介

1 Company Profile 公司简介 Management Discussion and Analysis 管理层讨论与分析

2 Other Information 其他资料

22 Report on Review of Condensed Consolidated Financial Statements 简明综合财务报表审阅报告

35 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 简明综合损益及其他全面收益表

37 Condensed Consolidated Statement of Financial Position 简明综合财务状况表

38 Condensed Consolidated Statement of Changes in Equity 简明综合权益变动表

40 Condensed Consolidated Statement of Cash Flows 简明综合现金流量报表

42 Notes to the Condensed Consolidated Financial Statements 简明综合财务报表附注

44 Corporate Information 公司资料

79 Contents 目录2业务回顾 回顾二零一六年上半年,世界经济温和复苏.美国、英国及其他发达经济体经济复苏低於预期, 英国脱欧又让全球经济复苏蒙上阴影,主要新兴 经济体下行压力不减反增,中国还处在结构性调 整过程中.在此困难的背景下,全球智能手机行 业也同样面临增速继续放缓的艰难局面.其中, 作为最大的智能手机市场,中国市场的需求已经 饱和,行业竞争加剧,集中化趋势明显,品牌格 局亦发生重大变化.但是,一些拥有技术创新能 力和核心竞争力的本土手机厂商不仅市场份额大 幅提升,而且产品规格更是朝中高端倾斜,成为 带动存量市场换机需求的主要动力.另一方面, 随著新法令和法规的相继出台,部份国家和地区 对行车安全的要求进一步提高.同时,越来越多 的消费者以是否配备智能辅助驾驶系统作为选择 汽车品牌的重要参考因素之一.车载镜头作为倒 车影像和智能辅助驾驶系统的重要零部件,市场 需求持续旺盛,增长迅速.综上所述,尽管面对 复杂的外部环境和企业自身成长所面临的各种挑 战,本集团凭藉技术上的深厚积累,并适时调整 市场策略,令整体业绩取得了不错的增长. BUSINESS REVIEW Looking back to the first half of 2016, the global economy recovered moderately. The United States (the U.S. ), the United Kingdom (the UK ) and other developed economies experienced a slower-than-expected economic recovery, Brexit cast a shadow over the global economy, major emerging economies even endured a greater downward pressure, and China still proceeded with structural adjustment. Under this complicated backdrop, the global smartphone industry also got trapped in a quagmire of decelerating growth. Among which, China, being the largest smartphone market, has saturated with abundant supply of smartphones which gave rise to keener industrial competition, evident industrial consolidation and remarkable brand reshuffle. However, certain local smartphone manufacturers with technical innovation capability and core competitive edge have not only seized a significant larger market share, but also moved up the technical ladder towards the mid- and high-end products, which have become a major market force to push the replacement of old smartphones with new ones. On the other hand, along with the promulgation of new decrees and regulations, certain countries and regions have further tightened their requirements on traffic safety. At the same time, there are increasing consumers who tend to take whether the smart driver assistance system has been installed as one of the important factors when selecting an auto brand. Vehicle lens sets, as an important component for the reverse image function and the smart driver assistance system, continued to enjoy strong market demand and have grown rapidly. In view of the above, despite the complicated operational environment and various challenges faced during enterprises'

own growth, the Group achieved solid growth in overall performance by leveraging on its accumulation in technology and making adjustments to its marketing strategy in a timely manner.

3 於二零一六年上半年, 全球智能手机出货量达到678,200,000部 (来 源: 国际数(「IDC」 ) ) , 中国智能手机市场出货量为241,600,000部 (来 源:IDC) . 因行业增速放缓,手机厂商在性能、审美和差异化三个方面展 开激烈竞争.摄像头作为对接客户真实需求的重 要载体,成为各大品牌厂商加大资源投入,以体 现产品高科技及高品质的关键器件.因此,摄像 头的规格除了像素进一步提升外,超薄、广角、 大光圈、光学防抖 ( 「OIS」 ) 、相位检测自动对焦 ( 「PDAF」 )及双镜头等各种更为复杂的规格要求 备受推崇.作为国内领先的手机镜头和手机照相 模组供应商,本集团因此受惠. 车载成像领域发展势头保持迅猛.一方面,美国 国家公路交通安全局 ( 「NHTSA」 )以及欧洲新车 安全评鉴协会 ( 「E-NCAP」 ) 继续推动相关法规和 评价体系的落实;

另一方面,NHTSA和美国公路 安全保险协会 ( 「IIHS」 ) 联合公布,20家车厂 (代 表美国99%以上的汽车市场)承诺将於二零二二 年九月一日前在所有新车中安装自动紧急刹车系 统,并以此作为一项标准配置.日本国土交通省 初步决定从今年六月起允许以摄像头和显示屏替 代反光镜的 「无反光镜汽车」 上路行驶.此外,随 著高级辅助驾驶系统 ( 「ADAS」 ) 的应用场景不断 拓展以及自动驾驶技术的发展方向日趋明朗,每 辆新车所配备的摄像头数量正明显增加,同时, 规格亦变得更为复杂多样.本集团作为全球为数 不多的能提供高品质及多规格的车载镜头厂商之 一,继续受惠於车载摄像头行业的快速成长,增 长迅速.目前,本集团车载镜头的市场份额已经 处於全球第一的位置,且市场份额进一步扩大. During the first half of 2016, the global smartphone shipment volume reached 678.2 million units (source: International Data Corporation ( IDC )), while the smartphone shipment volume in China amounted to 241.6 million units (source: IDC). As a result of decelerated growth in the industry, smartphone manufacturers competed fiercely in performance, aesthetics and distinguished features of their products. Cameras, as an important means to meet customers'

actual needs, have become a key device for various brands to increase their investment so as to showcase the hi-tech and high quality of their products. Therefore, in addition to further improvement in picture quality, other more complicated camera specifications such as ultra- thin, wide angle, large aperture, optical image stabilization ( OIS ), phase detection auto focus ( PDAF ) and dual-camera are also well accepted. The Group, as a leading supplier of handset lens sets and handset camera modules, will definitely benefit from such development. The vehicle imaging field has been growing rapidly with strong momentum. On the one hand, U.S. National Highway Traffic Safety Administration ( NHTSA ) and European New Car Assessment Programme ( E-NCAP ) continued to push forward the implementation of the relevant regulation and assessment system. On the other hand, NHTSA and the Insurance Institute for Highway Safety ( IIHS ) jointly announced a commitment........