Summary of 2025 Semi-annual Report of FIYTA Precision Technology Co. Ltd.Stock codes: 000026 200026 Stock abbreviations: FIYTA FIYTA B Announcement No.: 2025-025

FIYTA Precision Technology Co. Ltd.Summary of 2025 Semi-annual Report

1Summary of 2025 Semi-annual Report of FIYTA Precision Technology Co. Ltd.

I. Important notes

The summary of this semi-annual report is derived from the full text of the semi-annual report. In order to

fully understand the Company's operating results financial situation and future development plans investors

should carefully read the full text of the semi-annual report in the media designated by the CSRC.All directors have attended the board meeting to review this report.Reminder on non-standard audit opinions

Not applicable

Profit distribution plan or plan on conversion of provident funds into capital stock during the reporting period

reviewed by the board of directors

Not applicable

Preferred stock profit distribution plan for the reporting period approved by the board of directors

Not applicable

This report is prepared in both Chinese and English. In case of any ambiguity the Chinese version shall

prevail.II. Company profile

1. Company profile

Abbreviation FIYTA FIYTA B Stock code 000026 200026

Stock exchange Shenzhen Stock Exchange

Stock name before change (if any) None

Contact and contact information Secretary of the Board of Directors Securities affairs representative

Name Song Yaoming Xiong Yaojia

Floor 20 Fiyta Technology 18th Floor Fiyta Technology

Office address Building Gaoxin South 1st Road Building Gaoxin South 1st Road

Nanshan District Shenzhen Nanshan District Shenzhen

TEL 0755-86013669 0755-86013669

E-mail investor@fiyta.com.cn investor@fiyta.com.cn

2. Main accounting data and financial indicators

Does the Company need to retrospectively adjust or restate the accounting data in previous years

No

Change in the

Current reporting Same period last current reporting

period year period compared tothe same period last

year

Operating income (yuan) 1784131937.23 2076397911.32 -14.08%

Net profit attributable to shareholders of

the listed company (yuan) 82445500.03 147138482.34 -43.97%

Net profit after deducting non-recurring

profits and losses attributable to 78377262.19 140445221.81 -44.19%

shareholders of the listed company (yuan)

Net cash flows from operating activities

(yuan) 251490807.07 136530796.52 84.20%

2Summary of 2025 Semi-annual Report of FIYTA Precision Technology Co. Ltd.

Basic earnings per share (yuan/share) 0.2034 0.3568 -42.99%

Diluted earnings per share (yuan/share) 0.2034 0.3564 -42.93%

Return on weighted average net assets 2.41% 4.36% -1.95%

Change at the end

At the end of current At the end of the of the current

reporting period previous year reporting periodcompared to the end

of the previous year

Total assets (yuan) 3878686383.99 4007690717.02 -3.22%

Net assets attributable to shareholders of

the listed company (yuan) 3333609683.39 3391843200.61 -1.72%

3. Number of shareholders and their shareholding situation in the company

Unit: shares

Total number of ordinary Total number of preferred

shareholders as at the end of 25770 shareholders whose voting rights

the reporting period have been restored at the end of the

0

reporting period (if any)

Shareholding of top 10 shareholders (excluding shares lent through refinancing)

Pledged tagged or

Shareholder's name Nature Shareholding Number of

Number of

frozen

ratio shares held restrictivestocks held Status Number

Shentian Technology State-

Holdings (Shenzhen) Co. ownedlegal 40.17% 162977327 0

Not

Ltd. applicable

0

person

Domestic

# Wu Jilin natural 4.38% 17770623 0 Not

person applicable

0

Qianhai Life Insurance Co.Ltd. - Dividend insurance Others 1.52% 6186370 0 Not

product applicable

0

Qianhai Life Insurance Co. Not

Ltd. - Own funds Others 0.75% 3026000 0 applicable 0

Domestic

Qiu Hong natural 0.69% 2800000 0 Not

person applicable

0

Bank of China Limited -

Huashang Selected Return Not

Mixed Securities Investment Others 0.63% 2549400 0 applicable 0

Fund

Zhejiang Haokun Shengfa

Asset Management Co. Ltd.- Haokun Xingkong Feima Others 0.61% 2492215 0 Notapplicable 0Phase 6 Private Securities

Investment Fund

Domestic

#Zhu Rui natural 0.51% 2087500 0 Not 0

person applicable

3Summary of 2025 Semi-annual Report of FIYTA Precision Technology Co. Ltd.

Domestic

#Shao Yixing natural 0.50% 2044200 0 Not

person applicable

0

Domestic

Zhan Zhiying natural 0.50% 2031500 0 Not 0

person applicable

Notes to shareholders'

related relationship or The Company does not know whether the above 10 shareholders are related

persons acting in concert or act in concert.

1. In addition to holding 7490504 shares through the ordinary securities

account Wu Jilin the shareholder of the company also holds 10280119

shares through the client credit trading guarantee securities account of CICC

Explanation of the Wealth Management holding 17770623 shares in total;

shareholders' participation in 2. In addition to holding 2600 shares through the ordinary securities account

securities margin trading (if Zhu Rui the shareholder of the company also holds 2084900 shares in the

any) client credit trading guarantee securities account of First Capital Securities

Co. Ltd. holding a total of 2087500 shares;

3. Shareholder Shao Yixing holds 2044200 shares through a customer

margin trading collateral securities account of Cinda Securities Co. Ltd.Note: During the reporting period the name of the company's controlling shareholder changed from "AVIC

International Holdings Limited" to "Shentian Technology Holdings (Shenzhen) Co. Ltd."

Participation of shareholders holding more than 5% of the shares top ten shareholders and top ten

shareholders with unlimited tradable shares in the lending of shares through the refinancing business

Not applicable

The top ten shareholders and the top ten shareholders with unlimited tradable shares have changed

compared to the previous period due to the reasons of refinancing lending and repayment

Not applicable

4. Changes in controlling shareholders or actual controllers

Changes in controlling shareholders during the reporting period

Not applicable

Change of actual controller during the reporting period

Not applicable

5. Total number of preferred shareholders and the top 10 preferred shareholders' holdings

Not applicable

6. Existing bonds situation on the approval date of the semi-annual report

Not applicable

III. Important matters

1. Company business overview

In the first half of 2025 the company adhered to the principle of high-quality development continued to

deepen the watch business consolidated its leading position in the domestic watch market and enhanced

core competitiveness. It accelerated the development of strategic emerging industries and enhanced core

functions. During the reporting period in the environment of continuous pressure on the domestic watch

consumer market the Company achieved operating income of RMB 1784.1319 million yuan a YoY

decrease of 14.08% with the total profit of RMB 105.5607 million yuan down 45.50% YoY; The Company

steadily promoted cost reduction and efficiency improvement strengthened risk prevention and control with

an asset-liability ratio of 14.05% at the end of the period and a net cash flow from operating activities of

4Summary of 2025 Semi-annual Report of FIYTA Precision Technology Co. Ltd.

RMB251.4908 million making overall operational risks controllable. Meanwhile the Company remained

steadfast in its development confidence and valued shareholder returns having completed the 2024 annual

cash dividend plan of distributing a cash dividend of RMB4.00 (including tax) per 10 shares to all

shareholders.During the reporting period the Company's main business initiatives are as follows:

(I) Firmly promote the implementation of brand positioning upgrade strategy and spread aviation and

Chinese culture

During the reporting period the FIYTA brand based on its positioning as a high-quality Chinese watch brand

featuring aerospace watches focused on aerospace genes and Chinese culture deeply explored the brand's

core and launched aerospace-themed products such as the 'Yun-20' fortune model and the 'Little

Spaceship' three-dimensional time-reading model. It also created series products like the 'Little Gold Watch'

fortune butterfly model and the 'Everything Goes Well' Song Dynasty porcelain model that integrate Chinese

aesthetics and intangible cultural heritage elements to strengthen product competitiveness with

differentiated features. It continuously conducted online and offline integrated marketing and promoted the

continuous growth of brand visibility through rich brand events such as appearing at Shanghai Fashion Week

the return of 'Shenzhou 19' the launch of 'Shenzhou 20' and Gao Yuanyuan's Oriental Selection Live

Broadcast.(II) Continuously optimize channel structure and operation system promote online and offline

coordinated development

During the reporting period the FIYTA brand continued to optimize the channel structure and business

model offline strengthened the layout of high-quality channels such as mainstream shopping centers and

enhanced the refined operation capability of self-operated stores by focusing on member operations new

media operations and store broadcasting. Online relying on aerospace culture and Chinese cultural

elements it created differentiated blockbuster products and a live-streaming matrix. During the "618"

shopping festival the e-commerce GMV achieved counter-trend growth with multiple products ranking

among the top in the sales lists of major platforms. The online and offline synergy promoted the increase of

market share."Harmony" actively expanded cooperation with medium and high-end brands developed offline channels

with high quality and orderly promoted the integration of channels and brand resources; It continued to

deepen the excellent operation system strengthened the lean operation of offline channels and promoted

the integrated development of online and offline businesses.(III) Continue to promote the exploration of new businesses and actively cultivate strategic emerging

industries

During the reporting period the company continuously enhanced process technology and precision

manufacturing capabilities in its precision technology business advancing market and customer

development. The company plans to acquire a controlling stake in Shaanxi Changkong Gear Co. Ltd.(hereinafter referred to as 'Changkong Gear') to strengthen the technical expertise and core capabilities in

precision technology. The smart wearable business continued to promote product function innovation and

software and hardware technology upgrades.(IV) Continue to increase investment in scientific and technological innovation and strengthen the

strength of precision technology

During the reporting period the company accelerated the development of high-level movements and key

components and continuously deepened the application of aerospace materials innovative materials and

processes. It increased investment in research and development resources focusing on key transformation

and upgrading directions of precision technology business.(V) Promote AI empowerment and digital application to accelerate digital transformation

During the reporting period the company promoted the integration of AI technology with digital retail systems

CRM systems SAP systems and other platforms in core areas such as digital retail and business

management empowering business development and efficiency improvement.(VI) Solidly promote cost reduction and efficiency improvement to enhance risk resistance capability

5Summary of 2025 Semi-annual Report of FIYTA Precision Technology Co. Ltd.

During the reporting period the company fully deepened the special work of cost reduction and efficiency

improvement focusing on cost control resource allocation optimization and operational efficiency

improvement to enhance its risk resistance capability.

2. Proposed equity acquisition and related party transaction

Approved by the seventh meeting of the eleventh board of directors of the company the company signed the

"Equity Acquisition Intent Agreement" with Hanzhong Hanhang Electromechanical Co. Ltd. (hereinafter

referred to as "Hanhang Electromechanical") on June 4 2025. The company intends to acquire all or part of

the controlling stake in Shaanxi Changkong Gear Co. Ltd. by means of cash (hereinafter referred to as "this

acquisition"). This acquisition constitutes a related party transaction. According to preliminary estimates it is

not expected to constitute a major asset reorganization. For details please refer to the "Announcement on

Signing Equity Acquisition Intent Agreement and Related Party Transaction 2025-018" disclosed by the

company on www.cninfo.com.cn on June 5 2025. As of the disclosure date of this report the company and

all parties to the transaction are promoting the preliminary work related to this acquisition. The final

acquisition plan has not yet been determined and is subject to the necessary decision-making and approval

procedures of all parties. There is uncertainty as to whether this acquisition can be completed eventually.FIYTA Precision Technology Co. Ltd.Board of Directors

August 23 2025

6