FIYTA Precision Technology Co., Ltd. 2021 First Quarter Report, Summary
Stock Code: 000026; 200026 Short Form of Stock: FIYTA; FIYTA B Announcement No.: 2021-039
FIYTA Precision Technology Co., Ltd.
2021 First Quarter Report, Summary
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FIYTA Precision Technology Co., Ltd. 2021 First Quarter Report, Summary
Section 1 Important Notice, Table of Contents and Definition
The Board of Directors, the Supervisory Committee, directors, supervisors and senior executives hereby individually
and collectively accept responsibility for the correctness, accuracy and completeness of the contents of this report
and confirm that there are neither material omissions nor errors which would render any statement misleading.
All the directors attended the board meeting for reviewing the Quarter Report.
Huang Yongfeng, the Company leader, Chen Zhuo, chief financial officer, and Tian Hui, the manager of the accounting
department (treasurer) hereby confirm the authenticity and completeness of the financial report enclosed in this
Quarter Report.
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FIYTA Precision Technology Co., Ltd. 2021 First Quarter Report, Summary
Section 2 Company Profile
I. Summary of Accounting/Financial Data
Does the Company need to make retroactive adjustment or restatement of the accounting data of the previous year
No
Same period of the previous Year-on-year increase/decrease in the
Reporting period
year reporting period
Operation revenue in CNY 1,378,277,735.81 588,361,057.06 134.26%
Net profit attributable to the Company’s
118,222,042.23 -12,974,795.53 1,011.17%
shareholders, in CNY
Net profit attributable to the Company’s
shareholders less the non-recurring items, in 113,576,505.85 -13,738,773.72 926.69%
CNY
Net cash flows arising from operating activities,
28,711,219.83 -106,747,751.88 126.90%
in CNY
Basic earning per share (CNY/share) 0.2780 -0.0294 1,045.66%
Diluted earning per share (CNY/share) 0.2780 -0.0294 1,045.66%
Return on equity, weighted average 4.15% -0.49% 4.64%
Increase/decrease at the end of the
End of the reporting period End of the previous year
year over the end of the previous year
Total assets (in CNY) 4,412,065,471.64 4,018,712,700.18 9.79%
Net profit attributable to the Company’s
2,911,884,821.93 2,799,948,388.09 4.00%
shareholders, in CNY
Non-recurring gain/loss items and the amount involved
In CNY
Amount from year beginning to
Items Note
the end of the reporting period
Gain/loss from disposal of non-current assets, including the part written-
55,838.26
off with the provision for impairment of assets.
The government subsidies included in the profits and losses of the
current period (excluding government grants which are closely related
6,070,986.55
to the Company’s business and conform with the national standard
amount or quantity)
Other non-operating income and expenses other than the aforesaid
37,477.18
items
Less: Amount affected by the income tax 1,518,765.61
Total 4,645,536.38 --
For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No. 1 on Information Disclosure
for Companies Offering their Securities to the Public – Non-recurring Gains and Losses and its non-recurring gain/loss items
as illustrated in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the
Public – Non-recurring Gains and Losses which have been defined as recurring gains and losses, it is necessary to explain the
reason.
Inapplicable
II. Total number of shareholders and the statement of the shares held by the top 10 shareholders
1. Total number of the common shareholders and preferred shareholders whose voting rights are restored and shares
held by the top 10 shareholders
In shares
Total common shareholders at the end 28,331 Total preference shareholders with the 0
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FIYTA Precision Technology Co., Ltd. 2021 First Quarter Report, Summary
of the reporting period voting power recovered at the end of
the reporting period (if any)
Shareholding by top 10 shareholders
Number of the Pledging or freezing
Names of the Nature of the Shareholding Number of shares
restricted shares Status of the
Shareholders shareholder proportion held Quantity
held shares
AVIC International
State corporate 37.40% 162,977,327 0
Holding Limited
ICBC - Fuguo
Tianhui Selected
Domestic non-
Growth Hybrid
state-owned legal 2.75% 12,000,072 0
Securities
person
Investment Fund
(LOF)
Construction Bank
of China - Penghua Domestic non-
Huizhi Optimized state-owned legal 2.11% 9,211,000 0
Hybrid Securities person
Investment Fund
ICBC - Fuguo Hi-
Domestic non-
tech Industry
state-owned legal 1.80% 7,829,645 0
Hybrid Securities
person
Investment Fund
Construction Bank
of China - Penghua
Domestic non-
High Quality
state-owned legal 1.40% 6,103,406 0
Growth Hybrid
person
Securities
Investment Fund
Construction Bank
of China - Penghua
Domestic non-
Value Superiority
state-owned legal 1.13% 4,943,342 0
Hybrid Securities
person
Investment Fund
(LOF)
China Merchants
Bank Co., Ltd. -
Fuguo Sci-Tech
Innovation Theme Domestic non-
3-Year Sealed state-owned legal 0.68% 2,963,991 0
Operation Flexible person
Configuration
Hybrid Securities
Investment Fund
Construction Bank Domestic non-
of China - Penghua state-owned legal 0.61% 2,645,834 0
Selected Growth person
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FIYTA Precision Technology Co., Ltd. 2021 First Quarter Report, Summary
Hybrid Securities
Investment Fund
Bank of
Communications - Domestic non-
CSCL High Quality state-owned legal 0.54% 2,339,400 0
Growth Securities person
Investment Fund
China Construction
Bank Co., Ltd. -
Fuguo Sci-Tech Domestic non-
Innovation Flexible state-owned legal 0.53% 2,290,460 0
Configuration person
Hybrid Securities
Investment Fund
Shares held by top 10 shareholders of unrestricted shares
Share type
Names of the Shareholders Quantity of unrestricted shares held
Share type Quantity
CNY ordinary
AVIC International Holding Limited 162,977,327 162,977,327
shares
ICBC - Fuguo Tianhui Selected Growth
CNY ordinary
Hybrid Securities Investment Fund 12,000,072 12,000,072
shares
(LOF)
Construction Bank of China - Penghua
CNY ordinary
Huizhi Optimized Hybrid Securities 9,211,000 9,211,000
shares
Investment Fund
ICBC - Fuguo Hi-tech Industry Hybrid CNY ordinary
7,829,645 7,829,645
Securities Investment Fund shares
Construction Bank of China - Penghua
CNY ordinary
High Quality Growth Hybrid Securities 6,103,406 6,103,406
shares
Investment Fund
Construction Bank of China - Penghua
CNY ordinary
Value Superiority Hybrid Securities 4,943,342 4,943,342
shares
Investment Fund (LOF)
China Merchants Bank Co., Ltd. -
Fuguo Sci-Tech Innovation Theme 3-
CNY ordinary
Year Sealed Operation Flexible 2,963,991 2,963,991
shares
Configuration Hybrid Securities
Investment Fund
Construction Bank of China - Penghua
CNY ordinary
Selected Growth Hybrid Securities 2,645,834 2,645,834
shares
Investment Fund
Bank of Communications - CSCL High
CNY ordinary
Quality Growth Securities Investment 2,339,400 2,339,400
shares
Fund
China Construction Bank Co., Ltd. - CNY ordinary
2,290,460 2,290,460
Fuguo Sci-Tech Innovation Flexible shares
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FIYTA Precision Technology Co., Ltd. 2021 First Quarter Report, Summary
Configuration Hybrid Securities
Investment Fund
Explanation on associated relationship
or consistent action of the above Inapplicable
shareholders
Note to the top 10 shareholders
involved in margin financing & securities Inapplicable
lending (if any)
Did the top ten common shareholders or top ten shareholders of unrestricted common shares conduct
contractual repurchase during the reporting period?
No
2. Total Preference Shareholders and the Shareholding by the Top 10 Preference Shareholders
Inapplicable
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FIYTA Precision Technology Co., Ltd. 2021 First Quarter Report, Summary
Section 3 Significant Events
I. Financial Data Summary, State ment of Change in the Financial Indicators and the Causes during the Reporting
Period
(I) Items of assets and liabilities
Amount at the Variation
End of the
Items end of the proportion Cause of the movement
previous year
reporting period (%)
Mainly due to the increase in sales receivables collected
from the growth of the operation revenue, the net
Monetary capital 515,870,165.61 353,057,285.71 46.12% increase of the bank loans and the increase in
subscription payments received for the implementation
of the second phase of the equity incentive plan.
Mainly due to the influence from the implementation of
Use right assets 150,191,634.60 0.00 100%
the new standards for lease in the current year.
Deferred income tax Mainly due to the influence from the implementation of
112,197,900.00 80,913,800.35 38.66%
asset the new standards for lease in the current year.
Other non-current Mainly due to decrease of the advance payment for
5,216,861.24 13,536,307.13 -61.46%
assets refurbishment of shops.
Mainly due to the decrease in pre-collected rent from the
Advance receipts: 5,358,910.60 9,991,850.67 -46.37%
property lease business.
Payroll payable to the Mainly due to the decrease of the payment for the year-
78,191,053.79 132,853,462.20 -41.14%
employees end performance bonus during the reporting period.
Mainly due to the increase in repurchase obligations
Other payables 198,715,349.62 128,577,597.94 54.55% brought about by the implementation of the equity
incentive scheme phase II.
Mainly due to the influence of the unlocking of the equity
Dividends payable 1,069,368.55 1,639,513.77 -34.78% incentive scheme Phase II and payment of part of the
dividend.
Mainly due to the influence from the implementation of
Lease liabilities 152,730,913.89 0.00 100%
the new standards for lease in the current year.
Deferred income tax Mainly due to the influence from the implementation of
40,474,373.69 3,067,834.55 1219.31%
liability the new standards for lease in the current year.
Mainly due to the implementation of the equity incentive
Shares in stock 119,217,908.46 61,633,530.48 93.43%
scheme Phase II.
Other comprehensive Mainly due to the influence from the change of the
-6,373,398.65 976,871.41 -752.43%
income translation balance of foreign currency statements.
(II) Profit Statement Items
Variation
Same period of
Items Reporting period proportion Cause of the movement
the previous year
(%)
Mainly due to the growth of the Company's operating
Operating revenue 1,378,277,735.81 588,361,057.06 134.26%
performance.
Taxes and Mainly due to the increase in taxes and dues brought
7,586,076.81 3,674,419.66 106.46%
surcharges about from the increase in operation revenue.
Mainly due to the corresponding increase in labor and
Sales costs 280,821,158.83 183,463,601.55 53.07%
channel expenses resulted from growth of the operation
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FIYTA Precision Technology Co., Ltd. 2021 First Quarter Report, Summary
revenue.
Mainly due to the increase in R&D personnel and the
R&D expenses 13,209,007.18 9,810,864.52 34.64% decrease in labor costs during the epidemic in the same
period last year.
Mainly due to the increase of the bank service charges
Financial expenses 10,191,937.77 7,521,614.69 35.50%
brought about from the increase in operation revenue.
Mainly due to the increase in government subsidies
Other income 6,070,986.55 742,609.63 717.52%
received.
Mainly due to the increase of gross profit margin brought
Total profit 151,948,990.88 -18,524,043.50 920.28%
about from the increase in operation revenue.
Mainly due to the increase of taxes and fees brought
Income tax expenses 33,706,891.38 -5,549,247.97 707.41%
about from the growth of total profit.
(III) Items of Cash Flow Statement
Variation
Same period of
Items Reporting period proportion Cause of the movement
the previous year
(%)
Net cash flows arising Mainly due to the increase of sales receivables
from operating 28,711,219.83 -106,747,751.88 126.90% collected brought about from the increase in operation
activities revenue.
Net cash flow arising
Mainly due to increased investment in refurbishment of
from investment -45,193,639.61 -24,341,946.96 -85.66%
shops.
activities:
Mainly due to the net increase of the bank loans and
Net cash flows arising
179,702,677.16 82,992,799.27 116.53% the subscription payments received for the
from financial activities
implementation of the Equity Incentive Plan Phase II.
During the first quarter, the domestic mid-to-high-end watch consumption market experienced a continuous growth trend
following the second half of last year. According to the statistics of the Swiss Watch Industry FH, the cumulative value of Swiss
watch exports to China from January to February increased by 90.38% year-on-year, compared with the increase in 2019
which also reached 47.96%. The Company has always adhered to the concept of high-quality development, continued to tamp
basic management, consolidated core competitive advantages, seized market opportunities, and cultivated new growth points.
In the first quarter, the operating revenue reached CNY 1.378 billion, a year-on-year growth of 134.26%, and greatly reversed
the loss in total profit on year-on-year basis.
During the reporting period, the Company continued to focus on the goal of "value creation" and paid close attention to the
implementation of the work. Focusing on “brand power, product power, and channel power”, the Company continued to
strengthen its core competitive advantages. FIYTA Brand unit price per customer, sales discounts, and gross profit margins
continued to increase, series of new products such as MARS 500, Extremity and Heartstrings were successfully launched, and
entered shopping mall channels in an orderly way. The year-on-year revenue growth rate reached 58%; on the basis of the
continuous improvement of single store output, HARMONY World Watch Retail continued to promote channel expansion. The
number of mid-to-high-end channels and brands was further increased. At the same time, it focused on Hainan offshore island
tax-free opportunities to promote channel layout. Some duty-free channel projects have been implemented and operation
revenue continuously keeps rapid growth. The customer-centric digital operation system has been further implemented, and
the contribution to the sales from the potential customer transactions and repurchases of regular customers has been further
improved; the new customers of the precision technology business have expanded smoothly, and the operation revenue has
grown steadily; the technology reserve and product iteration of the smart wearable business have been propelled in an
accelerative way, and the year-on-year operation revenue has experienced a big growth.
During the reporting period, the FIYTA brand was selected as one of the 7th "International Reputation Brands" and was
honorably listed in the "Shenzhen Gifts".
During the 14th Five-Year Plan period, China will accelerate the establishment of a “dual circulation” development pattern in
which domestic economic cycle plays a leading role while international economic cycle remains its extension and supplement.
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FIYTA Precision Technology Co., Ltd. 2021 First Quarter Report, Summary
The Company keeps optimistic about the growth prospects of the domestic watch consumer market in the future, and shall
actively seize the opportunities of the times, continue to strengthen its core competitive advantages, and accelerate the
channel layout and structural upgrade; stick to the original aspiration of development, implement the "Big Country Brand"
strategy, strengthen high-end precision technology innovation and R&D investment, accelerate self-centered design and
development and key watchmaking capabilities; continue to cultivate and promote the development of precision technology
and smart wearable businesses. The Company shall take multiple measures simultaneously to enhance the comprehensive
competitiveness of various businesses and continue to push the Company's overall operating performance to a new level.
II. Analysis on and explanation of the progress of important issues and their impacts and solutions
1. Matters in Connection with 2018 Restricted A-Share Incentive Scheme (Phase I)
The 24th session of the Ninth Board of Directors held on December 29, 2020 reviewed and approved the Proposal on the
Release Conditions having been Satisfied for the First Release Period of 2018 Restricted A-Share Incentive Scheme (Phase I).
The 1.357641 million restricted shares (accounting for 0.3116% of the Company's total share capital) that could be lifted this
time were listed for trading on February 1, 2021. For the details please refer to the "Indicative Announcement on the First
Release of the Restricted Sales Period and the Listing of the Restricted Shares for Trading Involved in the 2018 A-Share
Restricted Stock Incentive Scheme (Phase I) 2021-012” disclosed in the Securities Times, Hong Kong Commercial Daily and
http://www.cninfo.com.cn.
According to the “Proposal for Repurchase and Cancellation of the Partially Restricted Shares Involved in 2018 Restricted A-
Share Incentive Scheme (Phase I)” approved at the 26th Sessions of the Ninth Board of Directors held on February 4, 2021
and 2021 2nd Extraordinary General Meeting held on February 24, 2021, the Company decided to repurchase and cancel a
total of 51,359 restricted A-shares that were granted with the restriction but not released to the one retired and one deceased
incentive objects in the 2018 Restricted A-Share Incentive Scheme (Phase I). For the details please refer to the
"Announcement on Repurchase and Cancellation of Partial Restricted Shares Involved in the 2018 A-Share Restricted Stock
Incentive Scheme (Phase I) 2021-019” disclosed in the Securities Times, Hong Kong Commercial Daily and
http://www.cninfo.com.cn.
2. Matters in Connection with 2018 Restricted A-Share Incentive Scheme (Phase II)
The 23rd session of the Ninth Board of Directors held on December 4, 2020 and 2021 1st Extraordinary General Meeting held
on January 6, 2021 decided to start 2018 Restricted A-Share Incentive Scheme (Phase II) (Draft) and the summary, which was
later on reviewed and approved at the 25th session of the Ninth Board of Directors held on January 15, 2021, and the
Company eventually granted 7.66 million restrictive A-shares to 135 persons eligible for the incentive. This part of restricted A-
shares was all granted by January 15, 2021 and registered for listing by January 29, 2021. After the grant, the Company's total
share capital increased to 435,751,881 shares. For the details please refer to the "Announcement on Completion of the Grant
Involved in the 2018 Restricted A-Share Incentive Scheme (Phase II) 2021-011” disclosed in the Securities Times, Hong Kong
Commercial Daily and http://www.cninfo.com.cn.
According to the “Proposal for Repurchase and Cancellation of the Partial Restricted Shares Involved in 2018 Restricted A-
Share Incentive Scheme (Phase II)” approved at the 26th Sessions of the Ninth Board of Directors held on February 4, 2021
and 2021 2nd Extraordinary General Meeting held on February 24, 2021, the Company decided to repurchase and cancel a
total of 150,000 restricted A-shares that were granted with the restriction but not released to the one retired incentive object in
the 2018 Restricted A-Share Incentive Scheme (Phase II). For the details please refer to the "Announcement on Repurchase
and Cancellation of Partial Restricted Shares Involved in the 2018 Restricted A-Share Incentive Scheme (Phase II) 2021-020”
disclosed in the Securities Times, Hong Kong Commercial Daily and http://www.cninfo.com.cn.
3. About the Change of Directors, Supervisors and Senior Executives
The 25th Session of the Ninth Board of Directors held on January 15, 2021, reviewed and approved the "Proposal on the
Appointment of the General Manager of the Company" and the "Proposal on the Appointment of the Secretary of the Board of
the Company” according to which Mr. Pan Bo was appointed as the General Manager, Mr. Chen Zhuo was appointed as the
Secretary of the Board with the tenure from the date of approval by the Board of Directors to the date of ending of the Ninth
Board of Directors. For the detail, please refer to the “Announcement on the Change of the Senior Executives 2021-010”
disclosed by the Company on the Securities Times, Hong Kong Commercial Daily and http://www.cninfo.com.cn.
The 26th session of the Ninth Board of Directors of the Company held on February 4, 2021 and 2021 2nd Extraordinary
General Meeting held on February 24, 2021 reviewed and passed the "Proposal on the Proposed Change of Directors”
according to which Mr. Zhang Zhibiao, Mr. Xiao Yi, Mr. Li Peiyin and Mr. Pan Bo were elected non-independent directors of the
Ninth Board of Directors of the Company with the tenure from the date of the approval by the general meeting to the date of
expiry of the Ninth Board of Directors. For the detail, please refer to the “Announcement on the Proposed Change of Directors
2021-017” disclosed by the Company on the Securities Times, Hong Kong Commercial Daily and http://www.cninfo.com.cn.
The 23rd session of the Ninth Board of Directors of the Company held on February 4, 2021 and 2021 2nd Extraordinary
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FIYTA Precision Technology Co., Ltd. 2021 First Quarter Report, Summary
General Meeting held on February 24, 2021 reviewed and passed the "Proposal on the Proposed Change of Supervisors”
according to which Mr. Zheng Qiyuan and Ms. Cao Zhen were elected non-staff supervisors of the Ninth Supervisory
Committee the Company with the tenure from the date of the approval by the general meeting to the date of expiry of the Ninth
Supervisory Committee. For the detail, please refer to the “Announcement on the Proposed Change of Supervisors 2021-018”
disclosed by the Company on the Securities Times, Hong Kong Commercial Daily and http://www.cninfo.com.cn.
4. About the Amendment of the Articles of Association
The 26th session of the Ninth Board of Directors held on February 4, 2021 reviewed and approved the "Proposal on the
Amendment of the Articles of Association" according to which the relevant articles of the Articles of Association concerning the
practical situation upon completion of the award based on 2018 Restricted A-Share Incentive Scheme (Phase II) have been
updated. For the detail, refer to the Proposal on the Amendment of the Articles of Association disclosed on the Securities
Times, Hong Kong Commercial Daily and http://www.cninfo.com.cn.
5. About the Change of Accounting Policies
The 27th session of the Ninth Board of Directors held on March 8, 2021 reviewed and approved the "Proposal on Change in
the Accounting Policies". According to the relevant provisions of the "Accounting Standards for Business Enterprises No. 21 -
Lease" revised by the Ministry of Finance, the Company shall implement the updated standards for lease commencing from
January 1, 2021. For the detail, please refer to the “Announcement on Change of the Accounting Policies 2021-030” disclosed
by the Company on the Securities Times, Hong Kong Commercial Daily and http://www.cninfo.com.cn.
Overview of the Significant Events Date of disclosure Inquiry Index of the Website Disclosing Interim Reports
Announcement on the Resolution of 2021 1st
January 07, 2021 www.cninfo.com.cn
Extraordinary General Meeting, 2021-002
Announcement on the Change of the Senior Executives of
January 16, 2021 www.cninfo.com.cn
the Company 2021-010
"Announcement on Completion of the Grant Involved in
the 2018 Restricted A-Share Incentive Scheme (Phase II) January 28, 2021 www.cninfo.com.cn
2021-011
"Indicative Announcement on the Listing of the Restricted
Shares for Trading Released in the First Release Period
January 29, 2021 www.cninfo.com.cn
Involved in the 2018 Restricted A-share Incentive Scheme
(Phase I) 2021-012”
Announcement on the Proposed Change of Directors
February 05, 2021 www.cninfo.com.cn
2021-017
Announcement on the Proposed Change of Supervisors
February 05, 2021 www.cninfo.com.cn
2021-018
"Announcement on Repurchase and Cancellation of
Partial Restricted Shares Involved in the 2018 Restricted February 05, 2021 www.cninfo.com.cn
A-Share Incentive Scheme (Phase I) 2021-019”
"Announcement on Repurchase and Cancellation of
Partial Restricted Shares Involved in the 2018 Restricted February 05, 2021 www.cninfo.com.cn
A-Share Incentive Scheme (Phase II) 2021-020”
Proposal on the Amendment of the Articles of Association February 05, 2021 www.cninfo.com.cn
Announcement on the Resolution of 2021 2nd
February 25, 2021 www.cninfo.com.cn
Extraordinary General Meeting, 2021-023
Announcement on the Change of Accounting Policies
March 10, 2021 www.cninfo.com.cn
2021-030
Progress of implementation of the stock repurchase
The 19th Session of the Ninth Board of Directors held on July 6, 2020 and 2020 2nd Extraordinary General Meeting held on
July 23, 2020 reviewed and approved the “Proposal on Repurchase of Partial Domestically Listed Foreign Shares (B- Shares)”,
and subsequently disclosed the repurchase report and a series of progress announcements in accordance with relevant
regulations. For the detail, refer to the relevant announcement disclosed in the Securities Times, Hong Kong Commercial Daily
and http://www.cninfo.com.cn.
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FIYTA Precision Technology Co., Ltd. 2021 First Quarter Report, Summary
Ended the reporting period, the Company accumulatively repurchased 8,994,086 shares in the Company through a centralized
bidding method with the special account for the securities repurchased , accounting for 2. 06% of the Company’s total share
capital. The highest transaction price of the repurchased shares was HK$6.74 per share, and the lowest transaction price was
HK$5.93/share, the total amount paid was HK$ 58,207,259.08 (with the stamp duty, commission and other transaction costs
exclusive). The repurchase activity complies with the requirements of relevant laws and regulations as well as the Company's
established repurchase plan.
Progress of implementation of reduction of the holding size of the shares repurchased by centralized bidding
Inapplicable
III. Commitments finished in imple mentation by the Company's actual controller, shareholders, related parties,
acquirer, the Company, etc. in the reporting period and commitments unfinished in imple mentation during the
reporting period
Inapplicable
IV. Financial assets investment
1. Portfolio investment
Inapplicable
2. Investment in derivatives
Inapplicable
V. Progress of the projects invested with the raised capital
Inapplicable
VI. Prediction of the performances from January to June, 2021
Inapplicable
VII. Important contracts for day-to-day operation
Inapplicable
VIII. Finance manage ment on commission
Inapplicable
IX. Outward guarantee against regulations
Inapplicable
XI. Non-operational occupancy of the company’s capital by the controlling shareholder and its related parties
Inapplicable
XI. Registration form of the activities, such as reception of survey, communications, interviews, etc. during the
reporting period
Types of Index of Basic Information
Reception Place of Way of Main contents discussed and
Visitors Visitors Received on the Investigation and
time reception reception information provided
Received Survey
In order to provide investors with a
comprehensive and in-depth
understanding of the Company’s
Extensive investors’ situation, the Company held a 2020
Wechat Mini participation in the Online Performance Briefing and
http://irm.cninfo.com.cn/ircs/co
Program Titled Company's 2020 conducted communications and
March 25, mpany/companyDetail?stockc
“FIYTA Others Others Annual Online exchange with investors on the
2021 ode=000026&orgId=gssz0000
Relationship Performance Company’s 2020 operating status,
026
with Investors Presentation by development strategy, watch brand
network remoteness business, watch retail service
business, and development of
precision technology and smart
wearables.
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FIYTA Precision Technology Co., Ltd. 2021 First Quarter Report, Summary
Board of Directors of
FIYTA Precision Technology Co., Ltd.
April 13, 2021
12
