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资讯 Stock Code: 000026, 200026 Stock Abbreviation: FIYTA, FIYTA B Announcement No.: 2026-036
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 ful 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
1. Company Profile
| Stock Abbreviation | FIYTA, FIYTA B | Stock Code | 000026, 200026 | |
| Stock Exchange for Listing | Shenzhen Stock Exchange | |||
| Contact Persons and Contact Information | Board Secretary | Securities Affairs Representative | ||
| Name | Song Yaoming | Xiong Yaojia | ||
| Office Address | 20th Floor, FIYTA Technology Building, Gaoxin South 1st Avenue, Nanshan District, Shenzhen | 20th Floor, FIYTA Technology Building, Gaoxin South 1st Avenue, Nanshan District, Shenzhen | ||
| Telephone | 0755-86013669 | 0755-86013669 | ||
| investor@fiyta.com.cn | investor@fiyta.com.cn | |||
2. Key Accounting Data and Financial Highlights
Whether the Company needs to retrospectively adjust or restate accounting data of previous years No
| The Reporting Period | The Same Period of Last Year | Increase/decrease of the reporting period 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) | 100,504,370.41 | 82,445,500.03 | 21.90% |
| Net profit attributable to shareholders of the listed company after deducting non-recurring profit or loss (RMB) | 96,839,220.48 | 78,377,262.19 | 23.56% |
| Net cash flows from operating activities (RMB) | 383,972,620.40 | 251,490,807.07 | 52.68% |
| 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% |
| End of the Reporting Period | End of Last Year | Increase/decrease at the end of the reporting 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) | 3,379,593,262.55 | 3,336,540,162.45 | 1.29% |
3. Number of Shareholders and Shareholding Status
Unit: Share
| Total number of ordinary shareholders at the end of the reporting period | 29,296 | Total number of preferred shareholders with restored voting rights at period-end (if any) | 0 | |||
| Shareholding of top 10 shareholders (excluding shares lent via refinancing) | ||||||
| Name of shareholder | Nature of shareholder | Shareholding percentage | Number of shares held | Number of restricted shares held | Pledged, marked, or frozen status | |
| Share status | Quantity | |||||
| Shentian Technology Holding (Shenzhen) Co., Ltd. | State-owned legal person | 40.17% | 162,977,327 | 0 | Not applicable | 0 |
| Wu Jilin | Domestic natural person | 4.73% | 19,189,124 | 0 | Not applicable | 0 |
| Qianhai Life Insurance Co., Ltd. - Dividend Insurance Product | Other | 3.99% | 16,183,970 | 0 | Not applicable | 0 |
| Bank of China Limited - Huashang Selected Return Mixed Securities Investment Fund | Other | 0.96% | 3,906,000 | 0 | Not applicable | 0 |
| Hong Kong Securities Clearing Company Limited | Foreign legal person | 0.78% | 3,144,933 | 0 | Not applicable | 0 |
| China Merchants Bank Co., Ltd. - Huashang Quality Value Mixed SecuritiesInvestment Fund | Other | 0.68% | 2,763,400 | 0 | Not applicable | 0 |
| Zhu Rui | Domestic natural person | 0.59% | 2,382,300 | 0 | Not applicable | 0 |
| Bank of China Limited - Huashang Vision Value Mixed Securities Investment Fund | Other | 0.55% | 2,236,500 | 0 | Not applicable | 0 |
| CITIC Securities Co., Ltd. - Huatai-PineBridge CSI Central SOE Dividend Exchange-Traded Fund (ETF) | Other | 0.53% | 2,152,000 | 0 | Not applicable | 0 |
| Wang Xing | Domestic natural person | 0.53% | 2,141,400 | 0 | Not applicable | 0 |
| Explanation of related-party relationships or concerted action among the above shareholders | The Company is not aware of whether there are related-party relationships or concerted action among the above 10 shareholders. | |||||
| Explanation of shareholders participating in margin financing and securities lending business (if any) | 1. Company shareholder Wu Jilin held 4,613,302 shares through a regular 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;2. Company shareholder Zhu Rui held 2,600 shares through a regular securities account and 2,379,700 shares through a client credit collateral securities account at First Capital Securities Co., Ltd., totaling 2,382,300 shares;3. Company shareholder Wang Xing held 1,831,400 shares through a regular 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
4. Changes in Controlling Shareholder or De Facto Controller
Not applicable
5. Total Number of Preferred Shareholders and Shareholding Table of Top 10 Preferred Shareholders
Not applicable
6. Bonds Outstanding as of the Approval Date of the Interim Report
Not applicable
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 131.6645 million, up 24.73% year-on-year. Meanwhile, the Company deepened structural adjustments, strengthened 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 externa 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 100% equity acquisition of Changkong Gear. It is steadily advancing deep integration and business empowerment, 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 overal operational efficiency.
(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 Genera 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 2026-033" disclosed on Cninfo on July 15, 2026.
FIYTA Precision Technology Co., Ltd. Board of Directors August 21, 2026
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