Q3 2025 Report of FIYTA Precision Technology Co. Ltd.Stock Code: 000026 200026 Stock Abbreviation: FIYTA FIYTA B Announcement No.: 2025-030
FIYTA Precision Technology Co. Ltd.Q3 2025 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 major omissions.Key content highlights:
1. The Board of Directors and directors senior management ensure that the quarterly report is true accurate and
complete with no false records misleading statements or major 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. Is the Q3 financial accounting report audited
No
1Q3 2025 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 previous years' accounting data
No
Increase or Increase or
decrease in the From the decrease from the
Current reporting current reporting beginning of the
beginning of the
year to the end of
period period year to the end ofcompared with the the reporting the reporting period
same period of the period compared with the
previous year same period of theprevious year
Operating income (yuan) 890827959.90 -7.53% 2674959897.13 -12.00%
Net profit attributable to
shareholders of the 42572778.28 -15.67% 125018278.31 -36.74%
listed company (yuan)
Net profit after deducting
non-recurring profits and
losses attributable to 41360520.65 -17.87% 119737782.83 -37.25%
shareholders of the
listed company (yuan)
Net cash flows from
operating activities — — 373922398.56 17.82%
(yuan)
Basic earnings per share
(yuan/share) 0.1049 -16.48% 0.3083 -36.09%
Diluted earnings per
share (yuan/share) 0.1049 -16.35% 0.3083 -36.01%
Return on weighted
average net assets 1.27% -0.25% 3.68% -2.20%
End of the current End of the previous Increase or decrease at the end of the
reporting period year current reporting period compared withthe end of the previous year
Total assets (yuan) 3916579397.97 4007690717.02 -2.27%
Equity attributable to
shareholders of the 3376982245.27 3391843200.61 -0.44%
listed company (yuan)
(II) Non-recurring gains and losses items and amounts
Unit: yuan
Amount from the
Item Amount for the current beginning of the year toreporting period the end of the reporting Notes
period
Profit or loss from disposal of non-current
assets (including the writing-off part for
which the asset impairment provision is 105777.25 -318630.07
made)
Government grants included in the current
profit or loss (except for government grants
closely related with the normal business of
the company obtained according to
established criteria and in accordance with 1061953.05 2571788.08
the national policies and provisions and
those continuously affecting the profit and
loss of the company)
Gains and losses from changes in fair value 114406.96 361906.80
2Q3 2025 Report of FIYTA Precision Technology Co. Ltd.
of financial assets and financial liabilities
held by non-financial enterprises and gains
and losses from disposal of financial assets
and financial liabilities excluding effective
hedging transactions related to normal
business operations of the company
Reversal of impairment provision for
receivables that are individually tested for 216720.58 3023867.19
impairment
Other non-operating incomes and
expenses excluding the above items 59712.38 1044478.61
Less: Impact on income tax 346312.59 1402915.13
Total 1212257.63 5280495.48 --
Specific details of other items meeting the definition of non-recurring gains and losses:
N/A
Description of the definition of non-recurring profit and loss items listed in the Explanatory Announcement No. 1 on
Information Disclosure for Companies Offering Their Securities to the Public - Non-recurring Profit or Loss as recurring
profit and loss items
N/A
(III) Changes in main accounting data and financial indicators and reasons therefor
1. Consolidated balance sheet items
Item End of the current End of thereporting period previous year Change Reason for change
Notes receivable 15510792.74 29611600.60 -47.62% Mainly due to the decrease in the precisiontechnology bill business.Prepayments 10190656.10 3858053.60 164.14% Mainly due to the increase in prepaymentsfor purchases of luxury watch business.Accounts payable 80745500.11 115532921.57 -30.11% Mainly due to the decrease in the purchaseof luxury watches.Advances 7678977.16 11783796.49 -34.83% Mainly due to the decrease in the advancereceived rent of the property.Contract liabilities 18316771.40 12605722.95 45.31% Mainly due to the increase in advancedeposits.Treasury stocks - 12815556.81 -100.00% Mainly due to the impact of equity incentiveunlocking.Other
comprehensive 26177313.42 15686794.62 66.87% Mainly due to the change in translation
incomes differences of foreign currency statements.
2. Consolidated income statement items from the beginning of the year to the end of the reporting period
Item Amount for the Amount for thecurrent period previous period Change Reason for change
Finance costs 9155723.74 14165204.14 -35.36% Mainly due to the decrease in interestexpenses.Income from -318630.07 2653033.29 -112.01% Mainly due to the impact of disposing ofasset disposal some properties during the same period.
3. Consolidated cash flow statement items from the beginning of the year to the end of the reporting period
Item Amount for the Amount for thecurrent period previous period Change Reason for change
Net cash received from
disposal of fixed assets Mainly due to the impact of disposing of
intangible assets and other 153892.34 4820218.37 -96.81% some properties during the same
long-term assets period.Cash received from Mainly due to the decrease in bank
borrowings 140000000.00 320000000.00 -56.25% borrowings.Cash paid to repay debts 120000000.00 250000000.00 -52.00% Mainly due to the decrease in bank
3Q3 2025 Report of FIYTA Precision Technology Co. Ltd.
borrowings.II. Shareholder Information
(I) Total number of common shareholders and number of preferred shareholders with restored
voting rights and the shareholding situation of the top ten shareholders
Unit: shares
Total number of common shareholders Total number of preferred shareholders with
at the end of the reporting period 38037 restored voting rights at the end of the reporting 0period (if any)
Top 10 shareholders' shareholding situation (excluding shares lent through refinancing)
Nature of Sharehol Number of Number of
Pledge marking or
Shareholder name restrictive freezing statusshareholder ding ratio shares held stocks held Sharestatus Quantity
Shentian Technology State-
Holdings (Shenzhen) ownedlegal 40.17% 162977327 0 N/A 0Co. Ltd. person
Qianhai Life Insurance
Co. Ltd. - Dividend Others 3.99% 16186370 0 N/A 0
insurance product
Domestic
# Wu Jilin natural 3.58% 14523023 0 N/A 0
person
China Merchants Bank
Co. Ltd. - Huashang
Quality Value Mixed Others 0.55% 2229800 0 N/A 0
Securities Investment
Fund
Domestic
#Zhu Rui natural 0.51% 2087500 0 N/A 0
person
China Merchants Bank
Co. Ltd. -
Dongfanghong Vision Others 0.48% 1959100 0 N/A 0
Value Mixed Securities
Investment Fund
Domestic
#Wang Xing natural 0.44% 1800900 0 N/A 0
person
Industrial and
Commercial Bank of
China Ltd. - Huashang
Enjoy Internet Flexible Others 0.42% 1715078 0 N/A 0
Allocation Mixed
Securities Investment
Fund
Bank of China Ltd. -
Huashang Vision Value
Mixed Securities Others 0.41% 1670400 0 N/A 0
Investment Fund
Bank of
Communications -
Huaan Innovation Others 0.34% 1374700 0 N/A 0
Securities Investment
Fund
Shareholding situation of Top 10 shareholders with unrestricted shareholding conditions (excluding shares lent
through refinancing and executive locked shares)
Share type and quantity
Shareholder name Number of unrestricted shares held Share type Quantity
Shentian Technology Holdings (Shenzhen) 162977327 RMB ordinary 162977327
4Q3 2025 Report of FIYTA Precision Technology Co. Ltd.
Co. Ltd. shares
Qianhai Life Insurance Co. Ltd. - Dividend RMB ordinary
insurance product 16186370 shares 16186370
# Wu Jilin 14523023 RMB ordinaryshares 14523023
China Merchants Bank Co. Ltd. -
Huashang Quality Value Mixed Securities 2229800 RMB ordinaryshares 2229800Investment Fund
#Zhu Rui 2087500 RMB ordinaryshares 2087500
China Merchants Bank Co. Ltd. -
Dongfanghong Vision Value Mixed 1959100 RMB ordinary
Securities Investment Fund shares
1959100
#Wang Xing 1800900 RMB ordinaryshares 1800900
Industrial and Commercial Bank of China
Ltd. - Huashang Enjoy Internet Flexible RMB ordinary
Allocation Mixed Securities Investment 1715078 shares 1715078
Fund
Bank of China Ltd. - Huashang Vision RMB ordinary
Value Mixed Securities Investment Fund 1670400 shares 1670400
Bank of Communications - Huaan RMB ordinary
Innovation Securities Investment Fund 1374700 shares 1374700
Explanation of the aforementioned shareholders' The Company does not know whether the above 10
association or concerted action shareholders are related or act in concert.
1. In addition to holding 2702904 shares through the ordinary
securities account Wu Jilin a shareholder of the Company
also held 11820119 shares through the customer credit
trading guarantee securities account of CICC Wealth
Management holding a total of 14523023 shares;
2. In addition to holding 2600 shares through the ordinary
Explanation of the top 10 shareholders' participation securities account Zhu Rui a shareholder of the Company
in securities margin trading (if any) also held 2084900 shares through the customer credit tradingguarantee securities account of First Capital Securities Co.Ltd. holding a total of 2087500 shares;
3. In addition to holding 1317800 shares through the ordinary
securities account Wang Xing a shareholder of the Company
also held 483100 shares through the customer credit trading
guarantee securities account of China Merchants Securities
Co. Ltd. holding a total of 1800900 shares.Participation of shareholders holding more than 5% stock the top 10 shareholders and the top 10 shareholders of
unrestricted circulation stock in shares lent through refinancing
N/A
Changes in the top 10 shareholders and the top 10 shareholders of unrestricted circulation stock due to refinancing
lending/return compared with the previous period
N/A
(II) Total number of preferred shareholders and shareholding situation of the top 10 preferred
shareholders of the company
N/A
III. Other significant matters
1. Revise internal company policies
The 8th meeting of the 11th Board of Directors and the first extraordinary shareholders meeting in 2025 approved
the proposals to revise the Articles of Association Rules of Procedure of Shareholders Meeting and Rules of
Procedure of Board Meeting. For details please refer to the relevant announcements disclosed by the company on the
5Q3 2025 Report of FIYTA Precision Technology Co. Ltd.
website www.cninfo.com.cn on Aug. 23 2025 and Sep. 11 2025.
2. Resignation of non-independent director and election of employee representative director
The company received a written resignation letter from non-independent director Mr. Wang Bo in Sep. 2025. Due
to work reasons Mr. Wang Bo applied to resign from his positions as a director of the 11th Board of Directors and a
member of the nomination remuneration and appraisal committee. After resignation he will no longer hold any
position in the company.On Sep. 22 2025 the company held an employee representative meeting and elected Ms. Cao Ping as the
employee representative director of the 11th Board of Directors. Her term starts from the date of election approval at
this meeting and ends upon the expiration of the term of the 11th Board of Directors.For details please refer to the relevant announcements disclosed by the company on the website
www.cninfo.com.cn on Sep. 23 2025.IV. Quarterly Financial Statements
(I) Financial Statements
1. Consolidated Balance Sheet
Prepared by: FIYTA Precision Technology Co. Ltd.Sep. 30 2025
Unit: yuan
Item Balance at the end of the period Balance at the beginning of theperiod
Current assets:
Monetary capital 602135428.27 518954177.49
Deposit reservation for balance
Lending funds
Trading financial assets
Derivative financial assets
Notes receivable 15510792.74 29611600.60
Accounts receivable 301219133.99 260152834.43
Receivables financing
Prepayments 10190656.10 3858053.60
Premiums receivable
Reinsurance accounts receivable
Provision of cession receivable
Other receivables 58734034.02 56982351.27
Including: Interest receivable
Dividends receivable
Redemptory financial assets for
sale
Inventory 1826017007.34 1984486969.74
Including: Data resources
Contract assets
Assets held for sale
Non-current assets due within one
year
Other current assets 111458397.42 98007925.22
Total current assets 2925265449.88 2952053912.35
Non-current assets:
Issuing loans and advances
Debt investments
Other debt investments
6Q3 2025 Report of FIYTA Precision Technology Co. Ltd.
Long-term receivable
Long-term equity investments 51401581.98 50907036.84
Investments in other equity
instruments
Other non-current financial assets
Investment properties 290759500.95 301002364.41
Fixed assets 365003918.17 377568144.41
Construction in progress
Productive biological assets
Oil and gas assets
Right-of-use assets 74876431.87 98437976.41
Intangible assets 30885571.44 31567927.16
Including: Data resources
Development expenditures
Including: Data resources
Goodwill
Long-term deferred and prepaid
expenses 90190395.43 110205323.29
Deferred income tax assets 82248898.14 82155778.31
Other non-current assets 5947650.11 3792253.84
Total non-current assets 991313948.09 1055636804.67
Total assets 3916579397.97 4007690717.02
Current liabilities:
Short-term borrowings 140082111.09 124087754.51
Borrowings from central bank
Borrowing funds
Trading financial liabilities
Derivative financial liabilities
Notes payable 528817.49
Accounts payable 80745500.11 115532921.57
Advances received 7678977.16 11783796.49
Contract liabilities 18316771.40 12605722.95
Financial assets sold for
repurchase
Deposits from customers and
interbank
Acting trading securities
Acting underwriting securities
Payroll payable 68430696.31 92260153.14
Taxes payable 51258132.83 49815151.35
Other payables 89599082.81 104638483.81
Including: Interest payable
Dividends payable 2785293.14
Service charges and commissions
payable
Dividend payable for reinsurance
Liabilities held for sale
Non-current liabilities due within
one year 58118245.13 63538231.06
Other current liabilities 2362324.29 1529468.07
Total current liabilities 517120658.62 575791682.95
Non-current liabilities:
Reserve fund for insurance
contracts
Long-term borrowings
Bond payables
Including: Preferred shares
Perpetual bonds
7Q3 2025 Report of FIYTA Precision Technology Co. Ltd.
Lease liabilities 18503213.38 35065292.04
Long-term payables
Long-term payroll payable
Estimated liabilities
Deferred income
Deferred tax liabilities 3973280.70 4990541.42
Other non-current liabilities
Total non-current liabilities 22476494.08 40055833.46
Total liabilities 539597152.70 615847516.41
Owner’s equity:
EQUITY 405764007.00 405764007.00
Other equity instruments
Including: Preferred shares
Perpetual bonds
Capital reserve 935609251.94 936339503.60
Less: Treasury stocks 12815556.81
Other comprehensive incomes 26177313.42 15686794.62
Special reserves 4190707.96 4340162.76
Surplus reserves 275010401.50 275010401.50
General risk provisions
Undistributed profits 1730230563.45 1767517887.94
Total equity attributable to the owner
of the parent company 3376982245.27 3391843200.61
Minority equity
Total owner’s equity 3376982245.27 3391843200.61
Total liabilities and owner's equity 3916579397.97 4007690717.02
Legal Representative: Zhang Xuhua CFO: Song Yaoming Financial Manager: Jiang Haiming
2. Consolidated income statement from the beginning of the year to the end of the reporting
period
Unit: yuan
Item Amount for the current period Amount for the previous period
I. Total operating incomes 2674959897.13 3039766900.13
Including: operating incomes 2674959897.13 3039766900.13
Interest income
Earned premiums
Income from service
charges and commissions
II. Total operating costs 2523227625.11 2789227954.27
Including: Operating costs 1715179822.86 1910085181.05
Interest expenses
Payments of service
charges and commissions
Surrender value
Net payments for insurance
claims
Net provision for insurance
liabilities
Policy dividend payment
Reinsurance costs
Taxes and surcharges 23084166.70 20647103.44
Selling expenses 593832125.50 673760699.02
Administrative expenses 131153054.26 127780770.41
8Q3 2025 Report of FIYTA Precision Technology Co. Ltd.
R&D expense 50822732.05 42788996.21
Finance costs 9155723.74 14165204.14
Including: Interest
expenses 3894213.61 8083091.18
Interest income 2899092.91 3418830.95
Add: Other income 4280755.76 3418006.55
Investment income (losses are
presented by "-") 856451.94 495966.46
Including: Income from
investment in associates and joint 494545.14 89872.06
ventures
Derecognized
income from financial assets
measured at amortized cost
Exchange income (losses are
presented by “-”)
Net exposure hedging income
(losses are presented by “-”)
Income from changes in fair
value (losses are presented by “-”)
Credit impairment loss (losses
are presented by “-”) 826482.13 1562607.22
Asset impairment loss (losses
are presented by “-”) 1399805.56 28336.82
Asset disposal income (losses
are presented by “-”) -318630.07 2653033.29
III. Operating profits (losses are
presented by “-”) 158777137.34 258696896.20
Add: Non-operating income 1868069.76 1625836.27
Less: Non-operating expenses 823591.15 429283.85
IV. Total profits (total losses are
presented by “-”) 159821615.95 259893448.62
Less: Income tax expense 34803337.64 62270500.06
V. Net profits (net losses are
presented by “-”) 125018278.31 197622948.56
(I) Classified by operating
sustainability
1. Net profit from continuing
operations (net losses are presented 125018278.31 197622948.56
by "-")
2. Net profit from discontinued
operations (net losses are presented
by "-")
(II) Classified by attribution of the
ownership
1. Net profit attributable to
shareholders of the parent company 125018278.31 197622948.56
(net losses are presented by "-")
2. Minority interest income (net
losses are presented by "-")
VI. After-tax net amount of other
comprehensive incomes 10490518.80 -1290601.03
Other comprehensive income net
of tax attributable to owners of the 10490518.80 -1290601.03
parent company
(I) Other comprehensive
incomes that cannot be reclassified
into profit and loss
1. Re-measurement of
changes in defined benefit plan
2. Other comprehensive
9Q3 2025 Report of FIYTA Precision Technology Co. Ltd.
incomes that cannot be transferred
into profit and loss by the equity
method
3. Changes in fair value of
other equity instrument investments
4. Changes in fair value of the
company's credit risk
5. Others
(II) Other comprehensive
incomes to be re-classified into profit 10490518.80 -1290601.03
and loss
1. Other comprehensive
incomes that can be transferred into
profit and loss by the equity method
2. Changes in fair value of
other equity 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. Balance arising from the
translation of foreign currency 10490518.80 -1290601.03
financial statements
7. Other
Net of tax from other
comprehensive income attributable to
minority shareholders
VII. Total comprehensive incomes 135508797.11 196332347.53
(I) Total comprehensive income
attributable to owners of the parent 135508797.11 196332347.53
company
(II) Total comprehensive income
attributable to minority shareholders
VIII. Earnings per share:
(I) Basic earnings per share 0.3083 0.4824
(II) Diluted earnings per share 0.3083 0.4818
Legal Representative: Zhang Xuhua CFO: Song Yaoming Financial Manager: Jiang Haiming
3. Consolidated cash flow statement from the beginning of the year to the end of the reporting
period
Unit: yuan
Item Amount for the current period Amount for the previous period
I. Cash flows from operating
activities:
Cash received from sales of goods
and provision of labor services 2893253336.90 3305394563.13
Net increase of deposits from
customers and other banks
Net increase of borrowings from
central bank
Net increase of borrowing funds
from other financial institutions
Cash premiums received on
original insurance contracts
Net cash received from
reinsurance business
Net increase of policy holder
deposits and investment funds
10Q3 2025 Report of FIYTA Precision Technology Co. Ltd.
Interests service charges and
commissions collected in cash
Net increase of borrowing funds
Net capital increase of repurchase
business
Net amount of cash received by
agent for trading securities
Refunds of taxes 1073859.53 1953384.44
Other cash received related to
operating activities 28392285.57 35362922.75
Sub-total of cash inflows from
operating activities 2922719482.00 3342710870.32
Cash paid for purchasing goods
and accepting labor services 1728169019.57 2125354281.82
Net increase of customer's loans
and advances
Net increase of deposits in central
bank and other banks
Cash payments of claims for
original insurance contracts
Net increase in lending funds
Cash payments of interests
service charges and commissions
Cash paid for policy dividends
Cash payments to and for
employees 412859795.13 468285742.10
Payments of taxes 178676553.41 175398254.82
Other cash payments related to
operating activities 229091715.33 256304630.20
Sub-total of cash outflows from
operating activities 2548797083.44 3025342908.94
Net cash flows from operating
activities 373922398.56 317367961.38
II. Cash flows from investing
activities:
Cash received from withdrawal of
investments
Cash received from investment
income 366455.91 353144.14
Net cash received from disposal of
fixed assets intangible assets and 153892.34 4820218.37
other long-term assets
Net cash received from the
disposal of subsidiaries and other
business entities
Other cash received related to
investing activities 140253053.51 171506575.50
Sub-total of cash inflows from
investing activities 140773401.76 176679938.01
Cash paid for purchase and
construction of fixed assets
intangible assets and other long-term 50701701.00 60055827.16
assets
Investment payments in cash
Net increase of pledge loans
Net cash payments for acquisition
of subsidiaries and other business
units
Other cash payments related to
investing activities 157330748.74 215214392.40
Sub-total of cash outflows from
investing activities 208032449.74 275270219.56
11Q3 2025 Report of FIYTA Precision Technology Co. Ltd.
Net cash flow from investing activities -67259047.98 -98590281.55
III. Cash flow from financing
activities:
Cash received from capital
contribution
Including: Cash received from
the investment of minority
shareholders of the subsidiaries
Cash received from borrowings 140000000.00 320000000.00
Other cash received related to
financing activities
Sub-total of cash inflows from
financing activities 140000000.00 320000000.00
Cash paid to repay debts 120000000.00 250000000.00
Cash paid for distribution of
dividends and profits or payment of 166118961.77 166775880.35
interests
Including: Dividends and profits
paid by subsidiaries to minority
shareholders
Other cash payments related to
financing activities 78191571.04 88815458.65
Sub-total of cash outflows from
financing activities 364310532.81 505591339.00
Net cash flows from financing
activities -224310532.81 -185591339.00
IV. Influence of exchange rate
change on cash and cash 828433.01 -114532.83
equivalents
V. Net increase in cash and cash
equivalents 83181250.78 33071808.00
Add: Balance of cash and cash
equivalents at the beginning of the 518954177.49 504629153.71
period
VI. Balance of cash and cash
equivalents at the end of the period 602135428.27 537700961.71
Legal Representative: Zhang Xuhua CFO: Song Yaoming Financial Manager: Jiang Haiming
(II) Situation of adjusting the relevant items in the financial statements as of the
beginning of the first implementation year upon the initial adoption of the new
accounting standards starting from 2025
N/A
(III) Audit report
Is the Q3 financial accounting report audited
No
FIYTA Precision Technology Co. Ltd.The Board of Directors
Oct. 25 2025
12
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