FIYTA Precision Technology Co., Ltd. Summary of 2026 Interim Report
Stock Code: 000026, 200026 Stock Abbreviation: FIYTA, FIYTA B Announcement No.: 2026-036
FIYTA Precision Technology Co., Ltd.
Summary of 2026 Interim Report
FIYTA Precision Technology Co., Ltd. Summary of 2026 Interim Report
I. Important Notice
This summary of the interim report is extracted from the full text of the interim report. In order to fully understand the
Company's operating results, financial position, and future development plans, investors should carefully read the full
text of the interim report on media designated by the CSRC.
All Directors attended the Board meeting to review this report.
Reminder of Non-Standard Audit Opinion
Not applicable
Proposal on Profit Distribution or Conversion of Capital Reserve into Share Capital for the Reporting Period Reviewed
by the Board of Directors
Not applicable
The Company plans not to distribute cash dividends, issue bonus shares, or convert capital reserve into share capital.
Proposal on Preferred Share Profit Distribution for the Reporting Period Approved by Board Resolution
Not applicable
This report is prepared in both Chinese and English. In the event of any discrepancy in the interpretation of this report,
the Chinese version shall prevail.
II. Basic Information of the Company
Stock Abbreviation FIYTA, FIYTA B Stock Code 000026, 200026
Stock Exchange for Listing Shenzhen Stock Exchange
Contact Persons and Contact
Board Secretary Securities Affairs Representative
Information
Name Song Yaoming Xiong Yaojia
Office Address Building, Gaoxin South 1st Avenue, Building, Gaoxin South 1st Avenue,
Nanshan District, Shenzhen Nanshan District, Shenzhen
Telephone 0755-86013669 0755-86013669
Email investor@fiyta.com.cn investor@fiyta.com.cn
Whether the Company needs to retrospectively adjust or restate accounting data of previous years
No
Increase/decrease of
The Same Period of the reporting period
The Reporting Period
Last Year over the same period
of last year
Operating revenue (RMB) 1,840,480,340.48 1,784,131,937.23 3.16%
Net profit attributable to shareholders of the
listed company (RMB)
FIYTA Precision Technology Co., Ltd. Summary of 2026 Interim Report
Net profit attributable to shareholders of the
listed company after deducting non-recurring 96,839,220.48 78,377,262.19 23.56%
profit or loss (RMB)
Net cash flows from operating activities
(RMB)
Basic earnings per share (RMB/share) 0.2477 0.2034 21.78%
Diluted earnings per share (RMB/share) 0.2477 0.2034 21.78%
Weighted average return on equity (ROE) 2.98% 2.41% 0.57%
Increase/decrease at
the end of the
End of the Reporting
End of Last Year reporting period
Period
compared with the
end of last year
Total assets (RMB) 3,731,488,593.54 3,733,401,610.34 -0.05%
Net assets attributable to shareholders of the
listed company (RMB)
Unit: Share
Total number of ordinary Total number of preferred
shareholders at the end of the 29,296 shareholders with restored voting 0
reporting period rights at period-end (if any)
Shareholding of top 10 shareholders (excluding shares lent via refinancing)
Pledged, marked, or
Shareholdin Number of frozen status
Name of Nature of Number of
g restricted
shareholder shareholder shares held Share
percentage shares held Quantity
status
Shentian
Technology Holding State-owned Not
(Shenzhen) Co., legal person applicable
Ltd.
Domestic
Not
Wu Jilin natural 4.73% 19,189,124 0 0
applicable
person
Qianhai Life
Insurance Co., Ltd. - Not
Other 3.99% 16,183,970 0 0
Dividend Insurance applicable
Product
Bank of China
Limited - Huashang
Not
Selected Return Other 0.96% 3,906,000 0 0
applicable
Mixed Securities
Investment Fund
Hong Kong
Foreign legal Not
Securities Clearing 0.78% 3,144,933 0 0
person applicable
Company Limited
China Merchants
Bank Co., Ltd. -
Not
Huashang Quality Other 0.68% 2,763,400 0 0
applicable
Value Mixed
Securities
FIYTA Precision Technology Co., Ltd. Summary of 2026 Interim Report
Investment Fund
Domestic
Not
Zhu Rui natural 0.59% 2,382,300 0 0
applicable
person
Bank of China
Limited - Huashang
Not
Vision Value Mixed Other 0.55% 2,236,500 0 0
applicable
Securities
Investment Fund
CITIC Securities
Co., Ltd. - Huatai-
PineBridge CSI Not
Other 0.53% 2,152,000 0 0
Central SOE applicable
Dividend Exchange-
Traded Fund (ETF)
Domestic
Not
Wang Xing natural 0.53% 2,141,400 0 0
applicable
person
Explanation of related-party
The Company is not aware of whether there are related-party relationships or
relationships or concerted action
concerted action among the above 10 shareholders.
among the above shareholders
securities account and 14,575,822 shares through a client credit collateral
securities account at China CICC Wealth Management Securities Co., Ltd.,
totaling 19,189,124 shares;
Explanation of shareholders
securities account and 2,379,700 shares through a client credit collateral
participating in margin financing and
securities account at First Capital Securities Co., Ltd., totaling 2,382,300
securities lending business (if any)
shares;
securities account and 310,000 shares through a client credit collateral
securities account at China Merchants Securities Co., Ltd., totaling 2,141,400
shares.
Share lending via refinancing business by shareholders holding 5% or more shares, top 10 shareholders, and top 10
unrestricted circulating shareholders
Not applicable
Changes in top 10 shareholders and top 10 unrestricted circulating shareholders compared to the prior period due to
share lending/return via refinancing
Not applicable
Not applicable
Shareholders
Not applicable
Not applicable
FIYTA Precision Technology Co., Ltd. Summary of 2026 Interim Report
III. Significant Events
(I) Overview of the Company’s Operations
In the first half of 2026, situated in a pivotal phase of transformation and upgrading, the Company focused on
talent development, precision manufacturing, and digitalization, continuously enhanced organizational capabilities,
deepened its core watch business, and accelerated strategic layout in emerging industries. During the reporting period,
the Company achieved operating revenue of RMB 1,840.4803 million, up 3.16% year-on-year; total profit was RMB
risk control, and steadily improved operational efficiency, with inventory balance decreasing by RMB 265.4821 million
from the end of last year.
During the reporting period, the Company's primary operational initiatives were as follows:
(I)Consolidating the fundamentals of the watch business, optimizing business structure, and enhancing operating
quality and efficiency
"FIYTA" defined its brand positioning as "Aviation Precision + Oriental Aesthetics", continually cultivating brand
differentiation. It optimized product structure, enhanced innovative product design, launched new product series such
as "Chinese Ginkgo" and "Oriental Beauty", and steadily advanced product and brand rejuvenation. It optimized store
portfolio, focusing on increasing store productivity of flagship offline stores, strictly managing ROI online, and
strengthening refined operations. It executed integrated marketing campaigns, hosting nationwide dual-theme
roadshows featuring Aviation Precision and Oriental Aesthetics, celebrity events, and Ru porcelain cultural crossover
IP collaborations, enhancing omnichannel brand influence.
"Harmony" focused deeply on top-tier brands and prime channels, practiced lean operations, and tightened
inventory risk control, achieving substantial improvements in inventory turnover and asset efficiency. By deepening
customer service, the Company achieved a marked increase in repeat purchase volume from existing customers,
further strengthening customer loyalty.
(II) Accelerating the Development of Emerging Businesses, Increasing Key Investments, and Building Core
Capabilities
Building on its existing precision technology business, the Company is focusing on emerging sectors such as
robotics, pursuing a premium, high-impact strategy. It is establishing a core talent pipeline and dedicated product lines
for precision manufacturing and robotics to solidify its capability foundation. By strengthening internal and external
resource coordination, the Company is prioritizing the development of core products and key customer accounts to
secure an early-mover advantage in its business layout. As of the disclosure date, the Company has completed the
leveraging Changkong Gear’s technological expertise and product strengths in precision gears and precision reducers
to accelerate the development of its robotics business.
(III) Comprehensively Strengthening Organizational Capabilities, Building a High-Caliber Talent Pool, and
Enhancing Management Effectiveness
The Company adheres to a talent- and management-driven approach to improve business quality and efficiency.
Aligning with its business development strategy, it has refined its systems for talent acquisition, integration, and
development, bringing in specialized professionals for key roles in R&D, production, process engineering, and
marketing. The Company has improved its closed-loop management mechanism covering strategic formulation,
decomposition, and performance evaluation to ensure the effective execution of strategic objectives. It is advancing
integrated control and functional support functions while deepening the integration of business and finance operations.
Additionally, digital transformation initiatives in production and operations are being implemented to enhance overall
operational efficiency.
FIYTA Precision Technology Co., Ltd. Summary of 2026 Interim Report
(II) Equity Acquisition and Related-Party Transaction
As reviewed and approved at the 16th meeting of the 11th Board of Directors and the 2025 Annual General
Meeting, the Company decided to acquire a 100% equity interest in Shaanxi Changkong Gear Co., Ltd. (hereinafter
"Changkong Gear") held jointly by related parties Hanzhong Hanhang Electromechanical Co., Ltd. and Aviation
Industry Corporation of China, Ltd. for RMB 324.7904 million. For details, please refer to the "Announcement on
Resolutions of the 16th Meeting of the 11th Board of Directors 2026-016", the "Announcement on the Proposed
Acquisition of 100% Equity in Shaanxi Changkong Gear Co., Ltd. and Related-Party Transaction 2026-017", and the
"Announcement on Resolutions of the 2025 Annual General Meeting 2026-024" disclosed on Cninfo on April 30, 2026
and May 21, 2026, respectively. As of June 30, 2026, the aforementioned acquisition had not been completed.
On July 14, 2026, the Company completed the acquisition of 100% equity in Changkong Gear. Changkong Gear
completed the industrial and commercial registration of changes for the equity transfer and obtained the "Business
License" issued by the Administrative Examination and Approval Service Bureau of Nanzheng District, Hanzhong City.
For details, please refer to the "Announcement on the Completion of Industrial and Commercial Registration of
Changes for the Acquisition of 100% Equity in Shaanxi Changkong Gear Co., Ltd. and Related-Party Transaction
FIYTA Precision Technology Co., Ltd.
Board of Directors
August 21, 2026
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