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飞亚达B:2024年第三季度报告(英文)

深圳证券交易所 2024-10-26 查看全文

Q3 2024 Report of FIYTA Precision Technology Co. Ltd.Stock codes: 000026 200026 Stock abbreviations: FIYTA FIYTA B Announcement No.: 2024-038

FIYTA Precision Technology Co. Ltd.Q3 2024 Report

The Company and the Board of Directors ensure that the information disclosed is truthful accurate and complete

with no false records misleading statements or significant omissions.Key content tips:

1. The Board of Directors the Board of Supervisors and the directors supervisors and senior management

guarantee the truthfulness accuracy and completeness of the quarterly report with no false records misleading

statements or significant omissions and bear individual and joint legal responsibility.

2. The person in charge of the Company the CFO and the Financial Manager (Accounting Supervisor) declare to

ensure that the financial information in the quarterly report is truthful accurate and complete.

3. Whether the Q3 report has been audited

No

1Q3 2024 Report of FIYTA Precision Technology Co. Ltd.

I. Key Financial Data

(I) Main accounting data and financial indicators

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

No

Increase/decrease

from the beginning of

Change in the current

Beginning of the the year to the end of

The current reporting period

year to the end of the reporting period

reporting period compared to the same

the reporting period compared to the

period last year

same period last

year

Operating revenue

963368988.81-17.15%3039766900.13-13.82%

(RMB)

Net profit attributable

to shareholders of

50484466.22-35.41%197622948.56-25.58%

the listed company

(RMB)

Net profit attributable

to shareholders of

the listed company

50362069.34-33.32%190807291.15-24.54%

excluding non-

recurring gains and

losses (RMB)

Net cash flow from

operating activities — — 317367961.38 -33.75%

(RMB)

Basic earnings per

0.1256-34.65%0.4824-25.08%

share (RMB/share)

Diluted earnings per

0.1254-34.76%0.4818-25.17%

share (RMB/share)

Weighted average

1.52%-0.90%5.88%-2.34%

return on equity

Change at the end of the current reporting

End of the current

End of the previous year period compared to the end of the previous

reporting period

year

Total assets (RMB) 4188811409.75 4204260897.08 -0.37%

Owner's equity

attributable to

shareholders of the 3370652933.49 3333805752.19 1.11%

listed company

(RMB)

(II) Non-recurring gains and losses items and amounts

Unit: RMB

Amount from the beginning

Amount for the current

Item of the year to the end of Notes

reporting period

the reporting period

Loss/gain on disposal of

non-current assets

-253177.382653033.29

(including reversal of

provision for asset

2Q3 2024 Report of FIYTA Precision Technology Co. Ltd.

impairment)

Government grants

recognized in current profit

and loss (excluding those

closely related to the

Company's normal

operations in compliance 162372.25 1576811.63

with national policies

entitled in accordance with

set standards and having

a sustained impact on the

Company's profit and loss)

Reversal of provision for

impairment of receivables

96375.673399306.40

subject to individual

impairment testing

Other operating incomes

and expenses excluding 97246.92 1196552.42

the above items

Less: Income tax impact -19579.42 2010046.33

Total 122396.88 6815657.41 --

Specific circumstances of other items that meet the definition of non-recurring gains and losses:

Not applicable

Explanation of circumstances where items listed as non-recurring gains and losses in Explanatory Announcement No.

1 on Information Disclosure of Companies Issuing Securities Publicly - Non-recurring Gains and Losses are classified

as recurring

Not applicable

(III) Changes in main accounting data and financial indicators and reasons

1. Consolidated balance sheet items

End of the current End of the

Item Change ratio Reason for change

reporting period previous year

It was mainly due to the growth of bill

Notes receivable 24606908.60 18268972.37 34.69%

transactions related to precision technology.Other non-current It was mainly due to the decrease in prepaid

2353256.109434627.17-75.06%

assets store decoration payments.It was mainly due to the decrease in the

Accounts payable 101584073.03 173825907.71 -41.56%

purchase of luxury watches.It was mainly due to the increase in deposits

Contract liabilities 20023549.02 12286243.62 62.98%

received in advance.It is mainly due to the impact of granting the

Employee benefits

75933801.61 120084810.60 -36.77% year-end bonus in the previous year and the

payable

provision of year-end bonus this year.It was mainly due to the cancellation of

Treasury share 13379181.81 78645532.23 -82.99%

repurchased B shares.

2. Consolidated income statement items from the beginning of the year to the end of the reporting period

3Q3 2024 Report of FIYTA Precision Technology Co. Ltd.

Amount for the Amount for the

Item Change ratio Reason for change

current period previous period

It was mainly due to the decrease in

Other income 3418006.55 8149590.70 -58.06%

government subsidies.It was mainly due to the increase in

Investment income 495966.46 -1697481.65 129.22%

profits of associate companies.Income from asset It was mainly due to the impact of

2653033.29892421.07197.28%

disposal disposing of certain properties.It was mainly due to the increase in

Non-operating

1625836.27 663757.42 144.94% compensation received for rights

income

protection.

3. Consolidated cash flow statement items from the beginning of the year to the end of the reporting period

Amount for the Amount for the Change

Item Reason for change

current period previous period ratio

Refund of taxes and It was mainly due to the increase in

1953384.441273051.2753.44%

surcharges VAT refunds received.Net cash received from

disposal of fixed assets It was mainly due to the impact of

4820218.371203099.10300.65%

intangible assets and disposing of certain properties.other long-term assets

Cash received from It was mainly due to the increase in

171506575.500.00-

other investing activities time deposit transactions.Cash paid for other It was mainly due to the increase in

215214392.400.00-

investing activities time deposit transactions.Cash paid for

distribution of dividends It was mainly due to the increase in

166775880.35112333808.9748.46%

and profits or payment cash dividends.of interest

Cash paid for other It was mainly due to the decrease in share

88815458.65151416099.18-41.34%

financing activities repurchase expenses.II. Shareholder Information

(I) Total number of common shareholders and number of preferred shareholders with restored

voting rights and the top ten shareholders' shareholding details

Unit: Shares

Total number of common Total number of preferred shareholders with

shareholders at the end of the 27378 restored voting rights at the end of the reporting 0

reporting period period (if any)

Top ten shareholders' shareholding details (excluding shares lent through refinancing)

Number of Pledge marking or freezing

Shareholder Nature of Percentage of Number of

restricted Status of

name shareholder shares shares held Quantity

shares held shares

AVIC

International State-owned

40.16% 162977327 0 Not applicable 0

Holding Co. legal person

Ltd.#Wu Jilin Domestic 4.72% 19170478 0 Not applicable 0

4Q3 2024 Report of FIYTA Precision Technology Co. Ltd.

natural person

Domestic

Xu Guoliang 1.36% 5524268 0 Not applicable 0

natural person

Domestic

Qiu Hong 0.62% 2510000 0 Not applicable 0

natural person

Domestic

#Zhu Rui 0.50% 2044200 0 Not applicable 0

natural person

Domestic

#Qu Yongjie 0.33% 1331900 0 Not applicable 0

natural person

Domestic

#Wang Xing 0.32% 1302500 0 Not applicable 0

natural person

Domestic

Chen Hao 0.28% 1149543 0 Not applicable 0

natural person

Domestic

#Zhu Xian 0.26% 1072540 0 Not applicable 0

natural person

Domestic

#Qiu Zhiyuan 0.24% 969700 0 Not applicable 0

natural person

Shareholding of the top 10 non-restrictive shareholders (excluding shares lent through refinancing and shares locked

by senior management)

Type and number of shares

Shareholder name Number of unrestricted shares held Type of

Quantity

shares

AVIC International Holding Co. RMB ordinary

162977327162977327

Ltd. shares

RMB ordinary

#Wu Jilin 19170478 19170478

shares

RMB ordinary

Xu Guoliang 5524268 5524268

shares

RMB ordinary

Qiu Hong 2510000 2510000

shares

RMB ordinary

#Zhu Rui 2044200 2044200

shares

RMB ordinary

#Qu Yongjie 1331900 1331900

shares

RMB ordinary

#Wang Xing 1302500 1302500

shares

RMB ordinary

Chen Hao 1149543 1149543

shares

RMB ordinary

#Zhu Xian 1072540 1072540

shares

RMB ordinary

#Qiu Zhiyuan 969700 969700

shares

Explanation of the aforementioned shareholders' The Company is unaware of whether the aforementioned 10

association or concerted action shareholders are related or constitute concerted actors.

1. In addition to holding 9451977 shares through the ordinary

securities account Wu Jilin the shareholder of the company also

holds 9718501 shares through the client credit trading guarantee

securities account of CICC Wealth Management holding

19170478 shares in total;

2. In addition to holding 188800 shares through the ordinary

Explanation of the top 10 shareholders'

securities account Zhu Rui the shareholder of the company also

participation in securities margin trading (if any)

holds 1855400 shares in the client credit trading guarantee

securities account of First Capital Securities Co. Ltd. holding a

total of 2044200 shares;

3. In addition to holding 59000 shares through the ordinary

securities account Qu Yongjie the shareholder of the company

also held 1272900 shares through the customer credit trading

5Q3 2024 Report of FIYTA Precision Technology Co. Ltd.

guarantee securities account of Shanxi Securities Co. Ltd.holding a total of 1331900 shares;

4. In addition to holding 882500 shares through the ordinary

securities account Wang Xing the shareholder of the company

also holds 420000 shares through the customer credit trading

guarantee securities account of China Merchants Securities co.Ltd. (CMS) holding a total of 1302500 share;

5. Shareholder Zhu Xian holds 35000 shares through a regular

securities account and 1037540 shares through a customer

margin trading collateral securities account of Huachuang

Securities Co. Ltd. totaling 1072540 shares;

6. Shareholder Qiu Zhiyuan holds 969700 shares through a

customer margin trading collateral securities account of Huafu

Securities Co. Ltd.Participation of shareholders holding more than 5% the top 10 shareholders and the top 10 shareholders of unlimited

outstanding shares in securities margin trading

Not applicable

Changes in the top 10 shareholders and the top 10 shareholders of unlimited outstanding shares due to securities

margin trading compared to the previous period

Not applicable

(II) Total number of preferred shareholders and the top 10 preferred shareholders' holdings

Not applicable

III. Other Important Matters

1. General election of the Board of Directors

In the 20th meeting of the 10th Board of Directors and the first extraordinary general meeting of shareholders in

2024 the Proposals on General Election of Non-independent Directors and the Proposals on General Election of

Independent Directors was approved. Mr. Zhang Xuhua Mr. Wang Bo Mr. Li Peiyin Mr. Deng Jianghu Mr. Guo

Gaohang and Mr. Pan Bo were elected as the non-independent directors of the company's 11th Board of Directors.Mr. Wang Susheng Mr. Wang Wenbo and Mr. Cao Guangzhong were elected as independent directors of the

company's 11th Board of Directors. For details please refer to the Announcement on the General Election of the

Board of Directors 2024-027 disclosed by the Company on the CNINFO website on August 21 2024.At the first meeting of the company's 11th Board of Directors Mr. Zhang Xuhua was elected as the Chairman of

the Company。 For details please refer to the Announcement on the First Meeting of the 11th Board of Directors

2024-035 disclosed by the Company on the CNINFO website on September 7 2024.

2. General election of the board of supervisors

The 18th meeting of the 10th Supervisory Board and the first extraordinary general meeting of shareholders in

2024 approved the proposal on the General Election of shareholder representative supervisors for the Supervisory

Board. Ms. Hu Min and Mr. Yuan Tianbo were elected as shareholder representative supervisors of the company's

11th Supervisory Board. For details please refer to the Announcement on the General Election of the Board of

Supervisors 2024-028 disclosed by the Company on the CNINFO website on August 21 2024.The employee representative congress of the company elected Ms. Hu Jing as the employee representative

supervisor of the company's 11th Board of Supervisors. For details please refer to the Announcement on the General

Election of Employee Representative Supervisors 2024-033 disclosed by the company on the CNINFO website on

August 27.

6Q3 2024 Report of FIYTA Precision Technology Co. Ltd.

At the first meeting of the company's 11th Board of Supervisors Ms. Hu Min was elected as the Chairman of the

Board of Supervisors. For details please refer to the Announcement on the First Meeting of the 11th Board of

Supervisors 2024-036 disclosed by the Company on the CNINFO website on September 7 2024.

3. Renewal of the financial service agreement with AVIC Finance Co. Ltd.

The 20th meeting of the 10th Board of Directors and the first extraordinary general meeting of shareholders in

2024 approved the Proposal to Sign A Financial Services Framework Agreement with AVIC Finance Co. Ltd. It was

decided to terminate the original contract with AVIC Finance Co. Ltd. and to re-sign the "Financial Services

Framework Agreement." For details please refer to the Announcement on Related Party Transactions on Signing a

Financial Service Framework Agreement with AVIC Finance Co. Ltd. 2024-029 disclosed on the CNINFO website on

August 21 2024.

4. Matters related to the 2018 A-share Restricted Stock Incentive Plan (Phase II)

Due to the resignation of two of the original incentive recipients and the passing of one original incentive recipient

from the company's 2018 A-share Restricted Stock Incentive Plan (Phase II) the Company's 20th meeting of the 10th

Board of Directors and the first extraordinary general meeting of shareholders in 2024 approved the repurchase and

cancellation of the total 90180 A-share restricted stocks that had been granted to the above person but not yet lifted

from restriction and the creditors were notified as required. For details please refer to the announcements disclosed

by the Company on the CNINFO website on August 21 2024 and September 7 2024 titled Announcement on the

Repurchase and Cancellation of Part of the Restricted Stocks in the 2018 A-share Restricted Stock Incentive Plan

(Phase II) (2024-030) and Announcement on the Notification to Creditors Regarding the Repurchase and Cancellation

of Part of the Restricted Stocks and Reduction of Registered Capital (2024-037).IV. Quarterly Financial Statements

(I) Financial statements

1. Consolidated balance sheet

Prepared by: FIYTA Precision Technology Co. Ltd.Sept. 30 2024

Unit: RMB

Item Ending Balance Opening balance

Current assets:

Cash and bank balances 537700961.71 504629153.71

Deposit reservation for balance

Lending funds

Trading financial assets

Derivative financial assets

Notes receivable 24606908.60 18268972.37

Accounts receivable 338894430.91 323142761.64

Receivables financing

Prepayment 6221596.50 6571239.98

Premiums receivable

Cession premiums receivable

Provision of cession receivable

Other receivables 61159058.98 57725792.00

Including: Interest receivable

Dividend receivable

Redemptory monetary capital for

sale

Inventories 2062539803.21 2100666175.28

7Q3 2024 Report of FIYTA Precision Technology Co. Ltd.

Including: Data resources

Contract assets

Assets held for sale

Non-current assets due within one

year

Other current assets 86272600.62 72249391.81

Total current assets 3117395360.53 3083253486.79

Non-current assets:

Loans and advances offered

Debt investment

Other debt investment

Long-term receivables

Long-term equity investments 51952479.36 51862607.30

Other equity instrument

investments

Other non-current financial assets

Investment properties 348485340.81 360255832.14

Fixed assets 340420482.15 355785354.68

Construction in progress

Productive biological assets

Oil and gas assets

Right-of-use assets 107866365.74 109452481.64

Intangible assets 30422160.03 31664380.77

Including: Data resources

Development expenditures

Including: Data resources

Goodwill

Long-term prepaid expenses 112595737.01 122324355.13

Deferred income tax assets 77320228.02 80227771.46

Other non-current assets 2353256.10 9434627.17

Total non-current assets 1071416049.22 1121007410.29

Total assets 4188811409.75 4204260897.08

Current liabilities:

Short-term loans 320207333.32 250187763.87

Borrowing from the central bank

Borrowed funds

Trading financial liabilities

Derivative financial liabilities

Notes payable

Accounts payable 101584073.03 173825907.71

Advances from customer 9052024.50 10267758.31

Contract liabilities 20023549.02 12286243.62

Financial assets sold for

repurchase

Deposits from customers and

interbank

Receivings from vicariously traded

securities

Funds received as stock

underwrite

Employee benefits payable 75933801.61 120084810.60

Taxes payable 60970785.28 64188161.31

Other payables 114717552.05 121937801.07

Including: Interest payable

Dividend payable 2785293.14 2058352.24

Service charges and commissions

8Q3 2024 Report of FIYTA Precision Technology Co. Ltd.

payable

Cession premiums payable

Liabilities held for sale

Non-current liabilities due within

71407342.6666399004.20

one year

Other current liabilities 2200523.89 1589635.30

Total current liabilities 776096985.36 820767085.99

Non-current liabilities:

Insurance contract reserve

Long-term loans

Bonds payable

Including: preferred stock

Perpetual bonds

Lease liabilities 35786485.69 43526352.52

Long-term payables

Long-term employee benefits

payable

Estimated liabilities

Deferred income 952785.69 952785.69

Deferred tax liability 5322219.52 5208920.69

Other non-current liabilities

Total non-current liabilities 42061490.90 49688058.90

Total liabilities 818158476.26 870455144.89

Owner's equity:

Share capital 405854187.00 415219970.00

Other equity instruments

Including: preferred stock

Perpetual bonds

Capital reserve 936316152.19 990159033.17

Less: treasury stock 13379181.81 78645532.23

Other comprehensive income 18034734.90 19325335.93

Special reserve 4025988.19 3223158.06

Surplus reserves 275010401.50 275010401.50

General risk provisions

Undistributed profits 1744790651.52 1709513385.76

Total equity attributable to the owner

3370652933.493333805752.19

of the parent company

Minority interests

Total owner's equity 3370652933.49 3333805752.19

Total liabilities and owner's equity 4188811409.75 4204260897.08

Legal Representative: Zhang Xuhua CFO: Song Yaoming Financial Manager: Tian Hui

2. Consolidated income statement from the beginning of the year to the end of the reporting

period

Unit: RMB

Item Amount for the current period Amount for the previous period

I. Total operating income 3039766900.13 3527243623.07

Including: Operating revenue 3039766900.13 3527243623.07

Interest income

Premiums earned

Income from service

charges and commissions

II. Total operating cost 2789227954.27 3193712123.89

Including: Operating costs 1910085181.05 2256476548.22

9Q3 2024 Report of FIYTA Precision Technology Co. Ltd.

Interest expense

Expenditures of service

charges and commissions

Surrender value

Net payments for insurance

claims

Withdrawal of net provision

for insurance contracts

Expenditure of policy

dividend

Reinsurance costs

Taxes and surcharges 20647103.44 25345712.61

Selling and Distribution

673760699.02691195217.89

Expenses

General and Administrative

127780770.41160446439.91

Expenses

R&D Expenditures 42788996.21 43344236.22

Financial expenses 14165204.14 16903969.04

Including: interest

8083091.189642227.49

expenses

Interest income 3418830.95 4131111.69

Plus: other income 3418006.55 8149590.70

Investment income (losses

495966.46-1697481.65

indicated with "-")

Including: income from

investment in associates and joint 89872.06 -1697481.65

ventures

Gains from

derecognition of financial assets

measured at amortized cost

Exchange gain (loss

presented with“-”)

Net exposure hedging gains

(losses indicated with "-")

Gains on changes in fair value

(losses indicated with "-")

Credit impairment losses

1562607.224685503.40

(losses presented with "-")

Asset impairment loss (loss

28336.82

expressed with "-")

Asset disposal income (loss

2653033.29892421.07

expressed with "-")

III. Operating profit (losses indicated

258696896.20345561532.70

with "-")

Plus: non-operating revenue 1625836.27 663757.42

Less: non-operating expenses 429283.85 651662.32

IV. Total profit (total losses indicated

259893448.62345573627.80

with "-")

Less: income tax expenses 62270500.06 80015634.99

V. Net profit (net losses indicated 197622948.56 265557992.81

10Q3 2024 Report of FIYTA Precision Technology Co. Ltd.

with "-")

(I) Classified by business continuity

1. Net profit from continuing

operations (net loss indicated with "- 197622948.56 265557992.81

")

2. Net profit from discontinued

operations (net loss indicated with "-

")

(II) Classified by ownership

1. Net profit attributable to

shareholders of the parent company 197622948.56 265557992.81

("-" for net losses)

2. Minority interest income ("-"

for net losses)

VI. Net of tax from other

-1290601.037793849.07

comprehensive income

Net amount of other

comprehensive income after tax

-1290601.037793849.07

attributable to owners of the parent

company

(I) Other comprehensive

incomes that cannot be reclassified

into profit and loss

1. Changes in re-

measurement of the defined benefit

plan

2. Other comprehensive

income that cannot be transferred to

profit or loss under the equity method

3. Changes in fair value of

other equity instrument investments

4. Changes in fair value of

enterprise's own credit risk

5. Other

(II) Other comprehensive income

that can be re-classified into profit -1290601.03 7793849.07

and loss

1. Other comprehensive

income that can be carried forward to

profit and loss under the equity

method

2. Changes in fair value of

other debt investments

3. The amount of financial

assets reclassified and included in

other comprehensive income

4. Credit impairment reserves

of other debt investment

5. Cash flow hedge reserve

6. Translation difference of

-1290601.037793849.07

foreign currency financial statements

7. Other

Net of tax from other

comprehensive income attributable to

minority shareholders

VII. Total comprehensive income 196332347.53 273351841.88

(1) Total comprehensive income 196332347.53 273351841.88

11Q3 2024 Report of FIYTA Precision Technology Co. Ltd.

attributable to owners of the parent

company

(2) Total comprehensive income

attributable to minority shareholders

VIII. Earnings per share:

(I) Basic earnings per share 0.4824 0.6439

(II) Diluted earnings per share 0.4818 0.6439

Legal Representative: Zhang Xuhua CFO: Song Yaoming Financial Manager: Tian Hui

3. Consolidated cash flow statement from the beginning of the year to the end of the reporting

period

Unit: RMB

Item Amount for the current period Amount for the previous period

I. Cash flows from operating

activities:

Cash received from sale of goods

3305394563.133812300160.43

and rendering of services

Net increase in deposits from

customers and interbank

Net increase in borrowings from

the central bank

Net increase in funds borrowed

from other financial institutions

Cash received for premiums under

the original insurance contract

Net cash received from

reinsurance business

Net increase in deposits from the

insured and investment funds

Cash received for interest service

charges and commissions

Net increase in borrowed funds

Net increase in funds of

repurchasing business

Net cash received from vicariously

traded securities

Refund of taxes and surcharges 1953384.44 1273051.27

Cash received from other

35362922.7552079384.91

operating activities

Sub-total of cash inflow from

3342710870.323865652596.61

operating activities

Cash paid for purchase of goods

2125354281.822412313846.34

and rendering of services

Net increase in loans and

advances to customers

Net increase in deposits in the

central bank and deposits from

interbank

Cash paid for the compensation

under the original insurance contract

Net increase in lending funds

Cash paid for interest service

12Q3 2024 Report of FIYTA Precision Technology Co. Ltd.

charges and commissions

Cash paid for policy dividends

Cash paid to and for employees 468285742.10 481935681.22

Taxes and fees paid 175398254.82 206597758.05

Other cash payments relating to

256304630.20285730827.89

operating activities

Sub-total of cash outflow from

3025342908.943386578113.50

operating activities

Net Cash Flows from Operating

317367961.38479074483.11

Activities

II. Cash flows from investing

activities:

Cash received from disinvestment

Cash received from investment

353144.14500000.00

income

Net cash received from disposal of

fixed assets intangible assets and 4820218.37 1203099.10

other long-term assets

Net cash received from disposal of

subsidiaries and other business units

Cash received from other investing

171506575.50

activities

Sub-total of cash inflow from

176679938.011703099.10

investing activities

Cash paid to acquire and construct

fixed assets intangible assets and 60055827.16 58184503.58

other long-term assets

Cash paid for investments

Net increase in pledged loans

Net cash paid to acquire

subsidiaries and other business units

Cash paid for other investing

215214392.40

activities

Sub-total of cash outflow from

275270219.5658184503.58

investing activities

Net cash flows from operating

-98590281.55-56481404.48

activities

III. Cash flows from financing

activities:

Cash received from investors

Including: Cash received from

the investment of minority

shareholders of the subsidiaries

Cash received from borrowings 320000000.00 250000000.00

Cash received from other financing

activities

Sub-total of cash inflow from

320000000.00250000000.00

financing activities

Cash paid for debt repayments 250000000.00 240000000.00

Cash paid for distribution of

dividends and profits or payment of 166775880.35 112333808.97

interest

Including: Dividends and profits

paid by subsidiaries to minority

shareholders

Cash paid for other financing 88815458.65 151416099.18

13Q3 2024 Report of FIYTA Precision Technology Co. Ltd.

activities

Sub-total of cash flows from financing

505591339.00503749908.15

activities

Net cash flows from financing

-185591339.00-253749908.15

activities

IV. Effect of exchange rate changes

-114532.83-159124.40

on cash and cash equivalents

V. Net increase in cash and cash

33071808.00168684046.08

equivalents

Add: opening balance of cash and

504629153.71313738389.64

cash equivalents

VI. Closing balance of cash and cash

537700961.71482422435.72

equivalents

Legal Representative: Zhang Xuhua CFO: Song Yaoming Financial Manager: Tian Hui

(II) Adjustment of items related to the financial statements at the beginning of

the year when the new accounting standards are implemented for the first time

since 2024

Not applicable

(III) Auditors' Report

Whether the Q3 report has been audited

No

FIYTA Precision Technology Co. Ltd.Board of Directors

October 26 2024

14

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