FIYTA Precision Technology Co. Ltd. 2021 Annual Report Summary

Stock Code: 000026; 200026 Abbreviation of the Stock: FIYTA; FIYTA B Announcement No.: 2022-009

FIYTA Precision Technology Co. Ltd.2021 Annual Report Summary

I. Important Notice Table of Contents and Definition

This summary of the Annual Report is quoted out of the full text of the Annual Report. Investors desirous to understand

entirely the Company's operation results financial position and future development planning are advised to carefully read

the full text of the Annual Report which is published in the medium designated by CSRC.All the directors attended the Board meeting for reviewing the Annual Report.Indication of qualified audit opinion

Inapplicable

The profit distribution preplan or the preplan for conversion of reserve into capital for the reporting period reviewed by the

Board of Directors

Is there any public reserve capitalized

No

The preplan for profit distribution of common stock reviewed and approved by the Board of Directors is summarized as

follows: based on the number of shares after deducting the shares in the special securities account for repurchase from

the total number of shares on the equity registration date when the profit distribution plan is implemented in the future the

Company is going to distribute cash dividend to all shareholders at the rate of CNY 3.00 (with tax inclusive) for every 10

shares and 0 bonus shares (with tax inclusive) shall be distributed and no public reserve shall be capitalized.Profit Distribution Preplan for Preferred Shares during the Reporting Period Approved by the Resolution of the Board of

Directors

Inapplicable

II. Company Profile

1. Company Information

Short form of the stock: FIYTA and FIYTA B Stock Code 000026 and 200026

Stock Exchange Listed with Shenzhen Stock Exchange

Liaison Persons and Communication

Secretary of the Board Securities Affairs Representative

Information

Names Song Yaoming (acting ) Xiong Yaojia

20th Floor FIYTA Technology Building Gaoxin S. 18th Floor FIYTA Technology Building Gaoxin S.

Office Address

Road One Nanshan District Shenzhen Road One Nanshan District Shenzhen

Fax 0755-83348369 0755-83348369

Tel. 0755-86013669 0755-86013669

Email investor@fiyta.com.cn investor@fiyta.com.cn

2. Summary of the Principal Business or Leading Products during the Reporting Period

With the establishment and development originated from aviation precision manufacturing and material technology the

1FIYTA Precision Technology Co. Ltd. 2021 Annual Report Summary

Company is mainly carrying out the activities of watch brand management and luxurious watch retails. From the

perspective of technical characteristics the Company is engaged in precision technology industry.Since its establishment relying on the advantages in precision manufacturing technology material technology and talents

of the aviation industry the Company has been continuously devoting itself to the building of professional watch-making

capability and brand operation has successfully built the "FIYTA" brand and established the brand a leading position in

the domestic industry by virtue of the advantages in technology and quality.In order to grasp the opportunities in the domestic famous brand watch market and accelerate the breakthrough of its own

brand the Company began to expand the retail chain business of famous brand watches in 1997 and is committed to

becoming the most outstanding comprehensive service provider of famous brand watches. The Company has always

focused on strengthening the construction of brand resources and channel resources deepening the cooperative

relationship between international excellent watch brands and domestic high-end retail channels refined operations and

digital development. While expanding the Company’s revenue sources it has also established stable base are for the

development of its own brand.Under the general background of industrial upgrading and intelligent manufacturing the Company relies on high-endprecision manufacturing technology and industrial accumulation based on the development principle of “technology beinghomologous the industry being same-rooted and value being co-directional” and extends the development of precision

technology business and smart wears business. At present these two businesses have begun to take shape.The Company adheres to the original intention of "Big Country Brand" and relies on precision manufacturing technology

brand influence and channel deep cultivation to promote continuous brand breakthroughs. The Company's sales scale is

at the forefront of the industry. Over the years the Company has achieved a favorable industry recognition and reputation.In 2021 the Company was honorably awarded the titles of "International Reputation Brand" "Top 200 Enterprises in

China's Light Industry" "Top 20 Listed Companies in Governance in the Greater Bay Area in 2021" and was granted

"Shenzhen R&D and Standardization Synchronization Demonstration Enterprise Grade A" and its wholly-owned

subsidiary was elected in the List of Key Technologically Advanced Enterprises in Guangdong Province. Accompanied by

the launch of the "Shenzhou 12" manned spacecraft the Company has once again helped China's manned spaceflight

industry.

3. Summary of Accounting/Financial Data

(1) Summary of Accounting/Financial Data in the Past Three Years

Does the Company need to make retroactive adjustment or restatement of the accounting data of the previous years

No

In CNY

Increase/decrease of the

end of the reporting year

End of 2021 End of 2020 End of 2019

over the end of the

previous year

Total assets 4110579952.49 4018712700.18 2.29% 3760923285.37

Net profit attributable to the Company’s

3013232642.532799948388.097.62%2654533766.99

shareholders

Increase/decrease in the

2021 2020 reporting year over the 2019

previous year

Operating revenue 5243733540.93 4243439952.59 23.57% 3704210734.90

Net profit attributable to the Company’s

387840282.95294115156.0431.87%215909014.15

shareholders

Net profit less the non-recurring

profit/loss attributable to the 369418754.83 269095012.41 37.28% 199678661.09

Company’s shareholders

Net cash flows arising from operating

547249108.45378210505.8744.69%444820768.61

activities

Basic earning per share (CNY/share) 0.9036 0.6764 33.59% 0.4943

Diluted earning per share (CNY/share) 0.9036 0.6764 33.59% 0.4943

Return on equity weighted average

13.39%10.78%2.61%8.21%

(%)

2FIYTA Precision Technology Co. Ltd. 2021 Annual Report Summary

(2) Major Accounting Data Based on Quarters

In CNY

The first quarter The second quarter The third quarter The fourth quarter

Turnover 1378277735.81 1399241785.53 1307278222.69 1158935796.90

Net profit attributable to the Company’s

118222042.23115322684.32109034679.4145260876.99

shareholders

Net profit less the non-recurring

profit/loss attributable to the 113576505.85 110219727.57 104537027.94 41085493.47

Company’s shareholders

Net cash flows arising from operating

28711219.83176443344.10163056189.37179038355.15

activities

Are the above financial indicators or their totals significantly different from the financial indicators disclosed by the

Company in the quarterly and semi-annual reports?

No

4. Capital Stock and Shareholders

(1) Number of the common shareholders and preferred shareholders whose voting rights are restored and

shareholding by the top 10 shareholders

In shares

Total preference Total preference

Total common

shareholders shareholders with the

Total common shareholders at

with the voting voting power

shareholders at the end of the

34412 34634 power 0 recovered at the end of 0

the end of the month before the

recovered at the the month before the

reporting period date of disclosing

end of the day of disclosing the

the Annual Report

reporting period Annual Report

Shareholding by top 10 shareholders

Shareholdi Pledging marking or freezing

Nature of the Number of

Names of the Shareholders ng Number of the restricted shares held

shareholder shares held Status of the

proportion Quantity shares

AVIC International Holding State corporate 38.25% 16297732

0

Limited 7

Guoxin Investment Co. Ltd. State corporate 1.82% 7739898 0

Construction Bank of China - Domestic 1.10% 4679494 0

Penghua Huizhi Optimized non-state-owne

Hybrid Securities Investment d legal person

Fund

Construction Bank of China - Domestic 0.60% 2556742 0

Penghua Value Superiority non-state-owne

Hybrid Securities Investment d legal person

Fund (LOF)

Qiu Hong Domestic 0.54% 2300000 0

natural person

China Ifund Asset Domestic 0.43% 1841716 0

Management Co. Ltd. - non-state-owne

Ifund All-Weather No. 2 d legal person

Phase G Private Equity

Securities Investment Fund

SOCIETE GENERALE Foreign 0.30% 1265800 0

corporate

Zhang Yinnan Domestic 0.28% 1195128 0

natural person

Chen Hao Domestic 0.24% 1041143 0

natural person

Chen Chu Domestic 0.24% 1004400 0

natural person

Explanation on associated relationship or

Inapplicable

consistent action of the above shareholders

Note the shareholders involved in margin

Inapplicable

financing & securities lending (if any)

3FIYTA Precision Technology Co. Ltd. 2021 Annual Report Summary

(2) Total Preference Shareholders and the Shareholding by the Top 10 Preference Shareholders

Inapplicable

(3) Block Diagram of the Ownership and Control Relations between the Company and the Actual Controller

5. Status of Bonds Existing on the Date of Approval of the Annual Report

Inapplicable

III. Significant Events

1. Amendment of the Company's Rules and Regulations

Authorized by 2021 1st Extraordinary General Meeting the 26th session of the Ninth Board of Directors reviewed and

approved the "Proposal on the Amendment of the Articles of Association". For the detail refer to the Amendment of the

Articles of Association disclosed in http://www.cninfo.com.cn. on February 5 2021.The 3rd session of the Tenth Board of Directors and 2021 5th Extraordinary General Meeting reviewed and approved the

Proposal on the Amendment of the "Articles of Association" " the Proposal on the Amendment of the Rules of Procedures

for the General Meetings " and "the Proposal on the Amendment of the Rules of Procedures of Board Meetings ". For the

detail refer to the relevant announcement disclosed in http://www.cninfo.com.cn. on November 13 2021.

2. Election for the New Board of Directors

With review and approval by the 32nd session of the Ninth Board of Directors of the Company and 2021 4th Extraordinary

General Meeting the Company elected Mr. Zhang Xuhua Mr. Xiao Yi Mr. Xiao Zhanglin Mr. Li Peiyin Mr. Deng Jianghu

and Mr. Pan Bo non-independent directors of the Tenth Board of Directors; and elected Mr. Wang Jianxin Mr. Zhong

Hongming and Mr. Tang Xiaofei independent directors of the Tenth Board of Directors. For the detail refer to the

Announcement on the Election for the New Board of Directors No.2021-075 disclosed in http://www.cninfo.com.cn.

4FIYTA Precision Technology Co. Ltd. 2021 Annual Report Summary

With review and approval by the 28th session of the Ninth Supervisory Committee of the Company 2021 1st Employees’

Representatives Conference and 2021 4th Extraordinary General Meeting the Company elected Mr. Zheng Qiyuan and

Ms. Cao Zhen non-employees’ representative supervisors of the Tenth Supervisory Committee and elected Ms. Hu Jing

the employees’ representative supervisor of the Tenth Supervisory Committee. For the detail refer to the Announcement

on the Election for the New Supervisory Committee No.2021-076 and the Announcement on the Resolution for Election of

the Employees’ Representative Supervisor at the Employees Representative Conference disclosed in

http://www.cninfo.com.cn.

3. Repurchase of Partial Domestically Listed Foreign Investment Shares (B-Shares)

The Company’s 2nd Session of the Tenth Board of Directors and 2021 5th Extraordinary General Meeting reviewed andapproved the “Proposal for the Repurchase of Partial Domestically Listed Foreign Shares (B-Shares). For the detail referto the Report on the Repurchase of Partial Domestically Listed Foreign Shares (B-Shares) No. 2021-102 disclosed in

http://www.cninfo.com.cn.FIYTA Precision Technology Co. Ltd.Board of Directors

March 10 2022

5