Stock Codes: 000026, 200026 Stock Abbreviation: FIYTA, FIYTA B Announcement No.: 2026-007
Summary of 2025 Annual Report of
FIYTA Precision Technology Co., Ltd.
I. Important notes
This Annual Report Summary is excerpted from the full text of the Annual Report. For a comprehensive understanding
of the Company's operating results, financial position, and future development plans, investors should carefully read
the full Annual Report on the media designated by the CSRC.
All directors have attended the board meeting to review this report.
Notes on non-standard audit opinion
Not applicable
Profit distribution plan or plan for converting capital reserve into share capital for the reporting period as reviewed by
the Board of Directors
Whether to convert capital reserve into share capital
No
The profit distribution plan approved by the Board of Directors is as follows: based on the total share capital on the
record date for the future implementation of the profit distribution plan, a cash dividend of 1.20 yuan per 10 shares (tax
inclusive) will be distributed to all shareholders, with no bonus shares (tax inclusive) and no conversion of capital
reserve into share capital.
Profit distribution plan for preferred shares for this reporting period as approved by the Board of Directors
Not applicable
This report is prepared in both Chinese and English. In case of any discrepancy in the interpretation of this report, the
Chinese version shall prevail.
II. Company profile
1. Company profile
Stock abbreviation FIYTA, FIYTA B Stock code 000026, 200026
Stock exchange Shenzhen Stock Exchange
where the shares
are listed
Stock abbreviation
before change None
(If any)
Contact Secretary to the Board of Directors Securities Affairs Representative
Information
Name Song Yaoming Xiong Yaojia
Office address 20/F, FIYTA Technology Building, Gaoxinnan 20/F, FIYTA Technology Building, Gaoxinnan
1st Road, Nanshan District, Shenzhen 1st Road, Nanshan District, Shenzhen
Fax 0755－83348369 0755－83348369
Tel 0755－86013669 0755－86013669
Email investor@fiyta.com.cn investor@fiyta.com.cn
2. Description of major businesses or products during the reporting period
(I) Industry landscape during the reporting period
Currently, the company faces an increasingly complex and severe external environment. While China's retail
market continues to expand, upgrade, and experience a marginal recovery in consumer confidence, there is notable
divergence in consumer product categories. The watch industry specifically is experiencing a downturn. According to
2025 data from the China Horologe Association and the Federation of the Swiss Watch Industry, the operating
revenue of domestic timepiece enterprises above a designated size decreased by 9.70% year-on-year, and the value
of Swiss watch exports to Mainland China declined by 12.1% year-on-year. Conversely, the high-end manufacturing
industry benefits from demand driven by emerging sectors like embodied intelligence, and the low-altitude economy,
presenting a broader market prospect.In this context, the company will enhance the competitiveness and market share
of its watch business, thereby stabilizing its core watch segment. This will be achieved by strengthening customer
research and insights, deepening brand partnerships in the comprehensive watch service business, and fostering
product differentiation in its proprietary brand business. Simultaneously, the company will stay committed to the
transformation and upgrade of its precision technology sector, increasing investment in key talent and technology to
accelerate the development of its emerging industry business.
(II) Main business analysis
In 2025, the Company continued to deepen its presence in the watch business, consolidating its leading position
in the domestic watch market and enhancing its core competitiveness. It accelerated strategic transformation and
upgrading to strengthen its core functions. During the reporting period, amid a continuously challenging domestic
watch consumer market, the Company achieved an operating revenue of 3,508,487,911.40 yuan, a year-on-year
decrease of 10.96%. The total profit was 120,103,837.72 yuan, a year-on-year decrease of 58.02%. The Company
focused on refined management, quality improvement, and cost reduction, maintaining stable cash flow from operating
activities and keeping operational risks under control. Facing market challenges, the Company remains confident in its
development and values shareholder returns. It has now formulated the 2025 cash dividend plan, proposing to
distribute a cash dividend of 1.20 yuan (tax included) per 10 shares to all shareholders.
During the report
