FIYTA HOLDINGS LTD. 2019 1st Quarterly Report, Summary
Stock Code: 000026 200026 Short Form of Stock: FIYTA A, FIYTA B Announcement No: 2019-025
FIYTA HOLDINGS LTD.
2019 First Quarterly Report, Summary
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FIYTA HOLDINGS LTD. 2019 1st Quarterly Report, Summary
Section 1 Important Notice
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 Quarterly 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 Quarterly Report.
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FIYTA HOLDINGS LTD. 2019 1st Quarterly 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 years
No
Year-on-year
The same period of the
Reporting period increase/decrease in the
previous year
reporting period
Revenue in CNY 893,389,751.73 851,815,980.69 4.88%
Net profit attributable to the Company’s
64,359,084.46 59,518,000.75 8.13%
shareholders, in CNY
Net profit attributable to the Company’s
shareholders less the non-recurring items, in 61,517,359.28 54,825,312.90 12.21%
CNY
Net cash flows arising from operating activities,
10,730,388.47 67,632,201.86 -84.13%
in CNY
Basic earning per share (CNY/share) 0.1467 0.1357 8.11%
Diluted earning per share (CNY/share) 0.1453 0.1357 7.07%
Return on equity, weighted average 2.47% 2.38% 0.09%
Increase/decrease at the end
End of the reporting period End of the previous year of the year over the end of the
previous year
Total assets (in CNY) 3,579,986,668.73 3,599,691,650.26 -0.55%
Net profit attributable to the Company’s
2,632,044,015.17 2,570,134,782.90 2.41%
shareholders, in CNY
Non-recurring gain/loss items and the amount involved
In CNY
Amount from the year beginning
Items Note
to the end of the reporting period
Gain/loss from disposal of non-current assets, including the part offset
-50,642.04
from 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
3,807,765.25
to the Company’s business and conform with the national standard
amount or quantity)
Other non-operating income and expenses other than the aforesaid -192,401.94
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FIYTA HOLDINGS LTD. 2019 1st Quarterly Report, Summary
items
Less: Amount affected by the income tax 722,996.09
Total 2,841,725.18 --
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. Statement of total shareholders and shares held by the top 10 shareholders by the end of the reporting period
1. Quantity of the shares held by the common shareholders and preferred shareholders whose voting rights are
restored and statement of shareholding by the top 10 shareholders
In shares
Total preference shareholders with the
Total common shareholders at the end
31,835 voting power recovered at the end of the 0
of the reporting period
reporting period (if any)
Shareholding by top 10 shareholders
Number of the Pledging or freezing
Name of the Nature of the Shareholding Shareholding
restricted shares Status of the
Shareholder shareholder proportion quantity Quantity
held shares
AVIC International
State corporate 36.79% 162,977,327 0
Holding Limited
Domestic natural
Wan Zhongbo 3.07% 13,599,327 0
persons
Domestic natural
#Yang Zugui 2.96% 13,108,917 0
persons
Domestic natural
Mo Jiadong 2.28% 10,084,635 0
persons
National Social
Security Fund 114 State corporate 2.18% 9,657,744 0
Portfolio
Xizang Investment
State corporate 1.12% 4,976,551 0
Co., Ltd.
MANULIFE TEDA
Domestic
Fund－ Minsheng
non-state-owned 1.10% 4,893,559 0
Bank－MANULIFE
corporate
TEDA Value
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FIYTA HOLDINGS LTD. 2019 1st Quarterly Report, Summary
Growth Oriented
Additional Issue
No. 351 Assets
Management
Program
Shenzhen Heli
Domestic
Fengyuan
non-state-owned 0.61% 2,704,000 0
Commerce & Trade
corporate
Co., Ltd.
BANK OF
COMMUNICATION
S CO.,LTD - Domestic
CHANGXIN non-state-owned 0.57% 2,532,201 0
QUANTIFIED corporate
PIONEER EQUITY
FUND
BANK OF
COMMUNICATION
S CO.,LTD -
CHANG XIN
Domestic
QUANTITATIVE
non-state-owned 0.27% 1,201,200 0
TYPE SMALL DISH
corporate
STOCK
SECURITIES
INVESTMENT
FUND
Shares held by top 10 shareholders of unrestricted shares
Share type
Name of the Shareholder Quantity of unrestricted shares held a
Share type Quantity
CNY ordinary
AVIC International Holding Limited 162,977,327 162,977,327
shares
CNY ordinary
Wan Zhongbo 13,599,327 13,599,327
shares
CNY ordinary
#Yang Zugui 13,108,917 13,108,917
shares
CNY ordinary
Mo Jiadong 10,084,635 10,084,635
shares
National Social Security Fund 114 CNY ordinary
9,657,744 9,657,744
Portfolio shares
CNY ordinary
Xizang Investment Co., Ltd. 4,976,551 4,976,551
shares
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FIYTA HOLDINGS LTD. 2019 1st Quarterly Report, Summary
MANULIFE TEDA Fund－ Minsheng CNY ordinary
Bank－MANULIFE TEDA Value Growth shares
4,893,559 4,893,559
Oriented Additional Issue No. 351
Assets Management Program
Shenzhen Heli Fengyuan Commerce & CNY ordinary
2,704,000 2,704,000
Trade Co., Ltd. shares
BANK OF COMMUNICATIONS CO.,LTD CNY ordinary
- CHANGXIN QUANTIFIED PIONEER 2,532,201 shares 2,532,201
EQUITY FUND
BANK OF COMMUNICATIONS CO.,LTD CNY ordinary
- CHANG XIN QUANTITATIVE TYPE shares
1,201,200 1,201,200
SMALL DISH STOCK SECURITIES
INVESTMENT FUND
Explanation on associated relationship
or consistent action of the above Inapplicable
shareholders
Note to the top 10 shareholders of
ordinary shares involved in margin Inapplicable
financing & securities 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 preferred shareholders and the shareholding by the top 10 preferred shareholders
Inapplicable
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FIYTA HOLDINGS LTD. 2019 1st Quarterly Report, Summary
Section 3 Significant Events
Changes of the major financial data and financial indicators during the reporting period and the causes
Items The amount at the end of The amount at the year Variation proportion (%) Cause of the movement
the reporting period beginning
Advance payments 20,318,636.22 13,666,816.33 48.67% It was mainly due to the
increase of the advance
payment during the reporting
period over the year
beginning
Other non-current assets 5,458,879.75 8,949,160.42 -39.00% It was mainly due to the
decrease of the payments for
the refurbishment and
equipment to be settled at the
end of the reporting period
over the year beginning
Accounts payable 191,577,235.91 259,913,612.34 -26.29% It was mainly due to the
partial payment for goods
and the balance payment for
the works of the Watch
Industrial Base of Guangming
New Zone during the
reporting period
Advance Receipts 27,695,233.88 16,459,445.00 68.26% It was mainly due to the
increase of the advances on
sales during the reporting
period over the year
beginning
Payroll payable to the 34,559,516.76 69,779,037.83 -50.47% It was mainly due to that the
employees year-end bonus of the year
2018 payable to the
employees was paid during
the reporting period.
Taxes payable 36,099,094.50 55,923,171.92 -35.45% It was mainly due to the
decrease of the VAT payable
during the reporting period
over the year beginning
Other comprehensive income -9,009,290.73 -5,442,139.78 65.55% It was mainly due to the
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FIYTA HOLDINGS LTD. 2019 1st Quarterly Report, Summary
influence of the converted
difference in foreign currency
statements during the
reporting period
Net cash flows arising from 10,730,388.47 67,632,201.86 -84.13% It was mainly due to the price
operating activities of goods was paid during the
reporting period and the
amount of the accounts
payable at the end of the
reporting period decreased.
Net cash flows arising from -50,729,730.85 -20,897,671.30 142.75% It was mainly due to the
investment activities balance payment for the
works of the Watch Industrial
Base of Guangming New
Zone partially paid during the
reporting period
Net cash flows arising from 22,731,443.97 63,445,267.85 -64.17% It was mainly due to the
financing activities decrease of the bank loans
over the same period of the
previous year during the
reporting period
Net increase of cash and -17,400,331.36 109,826,844.65 -115.84% It was mainly due to the
cash equivalents payment for goods and the
balance payment for the
works of the Watch Industrial
Base of Guangming New
Zone partially paid during the
reporting period
II. Progress of significant events, their effects and analysis on the solutions
1. Grant of the restricted A-shares was completed
The 3rd session of the Ninth Board of Directors and 2019 1st Extraordinary General Meeting held respectively on
November 12, 2018 and January 11, 2019 decided to start 2018 A-Share Restricted Stock Incentive Program (Phase I),
which was later on reviewed and approved at the 5th session of the Ninth Board of Directors held on January 11, 2019,
and the Company eventually granted 4.224 million restricted A-shares to 128 persons eligible for the incentive. The date
of granting this part of restricted shares was January 11, 2019 (The lock-up period of these restricted shares was two
years commencing from the date of granting). By January 30 2019, the work of granting the shares and registration for
listing was completed. After the share granting, the Company's total capital stock increased to 442,968,881 shares. For
the detail, refer to the Announcement on the Completion of Granting the Restricted A-Shares according to the Incentive
Plan (Phase I) (2019-009) disclosed in Securities Times, Hong Kong Commercial Daily and www.cninfo.com.
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FIYTA HOLDINGS LTD. 2019 1st Quarterly Report, Summary
2. Matters concerning Repurchase of the Company’s Partial Domestically Listed Foreign Shares (B Shares)
The 7th session of the Ninth Board of Directors held on April 4, 2019 reviewed and approved the Proposal for Repurchase
o the Company’s Partial Domestically Listed Foreign Shares (B Shares). For the detail, refer to the Announcement on the
Resolutions of the 7th Session of the Ninth Board of Directors 2019-015 and the Proposal for Repurchase o the
Company’s Partial Domestically Listed Foreign Shares (B Shares) 2019-017 disclosed in Securities Times, Hong Kong
Commercial Daily and http://www.cninfo.com.cn. The said repurchase proposal is still necessary to be submitted to the
General Meeting for discussion.
In accordance with the relevant provisions of the Administration of Repurchase of Public Shares by Listed Companies
Procedures (Trial Implementation), the Supplementary Provisions for Share Repurchase via Centralized Bidding
Transactions by Listed Companies, the Rules of Shenzhen Stock Exchange for Implementation of Repurchase of Public
Shares by Listed Companies, etc., the Company has disclosed the names of, the quantity of shares held by and the
shareholding information of the top 10 shareholders and the top 10 shareholders of non-restricted shares one trading day
before the publication of the resolution on share repurchase (namely April 4, 2019) and registered as at the date of
registration of the equity of the general meeting (namely April 12, 2019). For the detail, refer to the Announcement on the
Information of Shareholding by the Top Ten Shareholders before Share Repurchase 2019-020 and the Announcement on
the Information of Shareholding by the Top Ten Shareholders before Share Repurchase 2019-022.
Inquiry index of the provisional reports
General on Significant Events Date of disclosure
disclosed in the website.
The Announcement on the Completion of
Granting the Restricted A-Shares according to January 29, 2019 http://www.cninfo.com.cn/
the Incentive Plan (Phase I) (2019-009)
Announcement on the Resolution of the 7th
Session of the Ninth Board of Directors, Monday, April 08, 2019 http://www.cninfo.com.cn/
2019-015
Proposal for the Repurchase of the Company’s
Partial Domestically Listed Foreign Shares (B Monday, April 08, 2019 http://www.cninfo.com.cn/
Shares) 2019-017
Announcement on the Information of the
Shareholding by the Top Ten Shareholders Friday, April 12, 2019 http://www.cninfo.com.cn/
before the Repurchase of the Shares 2019-020
Announcement on the Information of the
Shareholding by the Top Ten Shareholders Saturday, April 20, 2019 http://www.cninfo.com.cn/
before the Repurchase of the Shares 2019-022
Progress of implementation of the stock repurchase
Inapplicable
Progress of implementation of reduction of the holding size of the shares repurchased by centralized bidding
Inapplicable
III. Commitments unfinished in implementation by the Company's actual controller, shareholders, related parties,
acquirer and the Company, etc. in the reporting period
Inapplicable
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FIYTA HOLDINGS LTD. 2019 1st Quarterly Report, Summary
IV. Prediction of the Operation Performances from January to June, 2019
Inapplicable
V. Portfolio investment
Inapplicable
VI. Investment in derivatives
Inapplicable
VII. Registration Form of Activities of Reception for Investigation and Survey, Communications, Interviews, etc.
in the Reporting Period
Inapplicable
VIII. Outward guarantee against regulations
Inapplicable
IX. Non-operational Occupancy of the Company’s Capital by the Controlling Shareholder and its Related Parties
Inapplicable
FIYTA HOLDINGS LTD.
Board of Directors
April 23, 2019
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