Stock codes: 000026, 200026 Stock abbreviations: FIYTA, FIYTA B Announcement No.: 2024-019
FIYTA Precision Technology Co., Ltd.
Q1 2024 Report
The Company and the Board of Directors ensure that the information disclosed is truthful, accurate, and complete,with no false records, misleading statements, or significant omissions.Key content tips:
1. The Board of Directors, the Board of Supervisors, and the directors, supervisors, and senior managementguarantee the truthfulness, accuracy, and completeness of the quarterly report, with no false records, misleadingstatements, or significant omissions, and bear individual and joint legal responsibility.
2. The person in charge of the Company, the CFO, and the Financial Manager (Accounting Supervisor) declare toensure that the financial information in the quarterly report is truthful, accurate, and complete.
3. Whether the Q1 report has been audited
No
I. Key Financial Data
(I) Main accounting data and financial indicatorsDoes the Company need to retrospectively adjust or restate previous years' accounting data?No
| The current reporting period | Same period last year | Change in the current reporting period compared to the same period last year | |
| Operating revenue (RMB) | 1,065,150,876.00 | 1,200,095,568.76 | -11.24% |
| Net profit attributable to shareholders of the listed company (RMB) | 75,499,096.30 | 103,189,489.23 | -26.83% |
| Net profit attributable to shareholders of the listed company excluding non-recurring gains and losses (RMB) | 69,755,955.88 | 95,484,229.79 | -26.95% |
| Net cash flow from operating activities (RMB) | -964,281.20 | 80,169,964.00 | -101.20% |
| Basic earnings per share (RMB/share) | 0.1828 | 0.2505 | -27.03% |
| Diluted earnings per share (RMB/share) | 0.1825 | 0.2505 | -27.15% |
| Weighted average return on equity | 2.24% | 3.23% | -0.99% |
| End of the current reporting period | End of the previous year | Change at the end of the current reporting period compared to the end of the previous year | |
| Total assets (RMB) | 4,136,305,356.14 | 4,204,260,897.08 | -1.62% |
| Owner's equity attributable to shareholders of the listed company (RMB) | 3,403,636,152.70 | 3,333,805,752.19 | 2.09% |
(II) Non-recurring gains and losses items and amounts
Unit: RMB
| Item | Amount for the current reporting period | Explanation |
| Loss/gain on disposal of non-current assets (including reversal of provision for asset impairment) | 2,949,209.65 | |
| Government grants recognized in current profit and loss (excluding those closely related to the Company's normal operations, in compliance with national policies, entitled in accordance with set standards, and having a sustained impact on the Company's profit and loss) | 1,066,372.66 | |
| Reversal of provision for impairment | 3,194,562.55 |
| of receivables subject to individual impairment testing | ||
| Other operating incomes and expenses excluding the above items | 320,045.62 | |
| Less: Income tax impact | 1,787,050.06 | |
| Total | 5,743,140.42 | -- |
Specific circumstances of other items that meet the definition of non-recurring gains and lossesNot applicableExplanation of circumstances where items listed as non-recurring gains and losses in Explanatory Announcement No.1 on Information Disclosure of Companies Issuing Securities Publicly - Non-recurring Gains and Losses are classifiedas recurringNot applicable
(III) Changes in main accounting data and financial indicators and reasons
1. Consolidated Balance sheet items
| Item | Ending balance | Beginning balance | Change ratio | Reason for change |
| Prepayments (RMB) | 12,091,024.86 | 6,571,239.98 | 84.00% | Mainly due to an increase in prepayments for branded watches and movements during the reporting period. |
| Other current assets (RMB) | 48,674,518.61 | 72,249,391.81 | -32.63% | Mainly due to a decrease in input VAT to be credited during the reporting period. |
| Contract liabilities (RMB) | 18,783,506.42 | 12,286,243.62 | 52.88% | Mainly due to an increase in advance receipts for the watch business during the reporting period. |
| Accrued payroll (RMB) | 67,971,231.21 | 120,084,810.60 | -43.40% | Mainly due to the payment of year-end bonuses during the reporting period. |
2. Consolidated cash flow statement items
| Item | Current amount incurred | Amount incurred in the previous period | Change ratio | Reason for change |
| Net cash flow from operating activities (RMB) | -964,281.20 | 80,169,964.00 | -101.20% | Mainly due to decrease in sales revenue leading to decrease in cash receipts. |
II. Shareholder Information
(I) Total number of common shareholders and number of preferred shareholders with restoredvoting rights, and the top ten shareholders' shareholding details
Unit: Shares
| Total number of common shareholders at the end of the reporting period | 28,557 | Total number of preferred shareholders with restored voting rights at the end of the reporting period (if any) | 0 | |||
| Top ten shareholders' shareholding details (excluding shares lent through refinancing) | ||||||
| Shareholder name | Nature of shareholder | Shareholding ratio | Number of shares held | Number of restricted shares held | Pledge, marking or freezing | |
| Status of shares | Quantity | |||||
| AVIC International Holding Co., Ltd. | State-owned legal person | 39.25% | 162,977,327 | 0 | Not applicable | 0 |
| #Wu Jilin | Domestic natural person | 4.10% | 17,043,827 | 0 | Not applicable | 0 |
| Xu Guoliang | Domestic natural person | 1.60% | 6,623,168 | 0 | Not applicable | 0 |
| Qiu Hong | Domestic natural person | 0.60% | 2,510,000 | 0 | Not applicable | 0 |
| #Zhu Rui | Domestic natural person | 0.47% | 1,969,100 | 0 | Not applicable | 0 |
| #Qu Yongjie | Domestic natural person | 0.32% | 1,330,000 | 0 | Not applicable | 0 |
| #Ge Zhongwei | Domestic natural person | 0.29% | 1,195,700 | 0 | Not applicable | 0 |
| Chen Hao | Domestic natural person | 0.27% | 1,101,643 | 0 | Not applicable | 0 |
| Industrial and Commercial Bank of China Ltd. - GF CSI State-owned Enterprises Innovation Shareholder Return ETF | Other | 0.26% | 1,065,800 | 0 | Not applicable | 0 |
| #Zhu Xian | Domestic natural person | 0.25% | 1,032,540 | 0 | Not applicable | 0 |
| Top 10 unrestricted shareholders | ||||||
| Shareholder name | Number of unrestricted shares held | Type of shares | ||||
| Type of shares | Quantity | |||||
| Aviation Industry International Holdings Co., Ltd. | 162,977,327 | RMB ordinary shares | 162,977,327 | |||
| #Wu Jilin | 17,043,827 | RMB ordinary shares | 17,043,827 | |||
| Xu Guoliang | 6,623,168 | RMB ordinary shares | 6,623,168 | |||
| Qiu Hong | 2,510,000 | RMB ordinary shares | 2,510,000 | |||
| #Zhu Rui | 1,969,100 | RMB ordinary shares | 1,969,100 | |||
| #Qu Yongjie | 1,330,000 | RMB ordinary shares | 1,330,000 | |||
| #Ge Zhongwei | 1,195,700 | RMB ordinary shares | 1,195,700 | |||
| Chen Hao | 1,101,643 | RMB ordinary shares | 1,101,643 | |||
| Industrial and Commercial Bank of China Co., Ltd. - GF China Reform State-owned Enterprises Shareholder Return ETF | 1,065,800 | RMB ordinary shares | 1,065,800 | |||
| #Zhu Xian | 1,032,540 | RMB ordinary shares | 1,032,540 | |||
| Explanation of the aforementioned shareholders' association or concerted action | The Company is unaware of whether the aforementioned 10 shareholders are related or constitute concerted actors. |
| Explanation of the top 10 shareholders' participation in securities margin trading (if any) | 1. Shareholder Wu Jilin holds 10,363,377 shares through a regular securities account and 6,680,450 shares through a margin trading collateral securities account, totaling 17,043,827 shares; 2. Shareholder Zhu Rui holds 217,100 shares through a regular securities account and 1,752,000 shares through a margin trading collateral securities account, totaling 1,969,100 shares; 3. Shareholder Qu Yongjie holds 59,000 shares through a regular securities account and 1,271,000 shares through a margin trading collateral securities account, totaling 1,330,000 shares; 4. Shareholder Ge Zhongwei holds 695,700 shares through a regular securities account and 500,000 shares through a margin trading collateral securities account, totaling 1,195,700 shares; 5. Shareholder Zhu Xian holds 25,000 shares through a regular securities account and 1,007,540 shares through a margin trading collateral securities account, totaling 1,032,540 shares. |
Note: The Company's B-share repurchase account 'Special Securities Account for Repurchase of FIYTA PrecisionTechnology Co., Ltd.' held 9,355,763 ordinary shares at the end of the reporting period, accounting for 2.25% of theshares, mainly due to the Company's ongoing B-share repurchase. According to regulations, this repurchase accountis not included in the list of the top 10 shareholders.Participation of shareholders holding more than 5%, the top 10 shareholders, and the top 10 shareholders of unlimitedoutstanding shares in securities margin tradingNot applicableChanges in the top 10 shareholders, and the top 10 shareholders of unlimited outstanding shares due to securitiesmargin trading compared to the previous periodNot applicable(II) Total number of preferred shareholders and the top 10 preferred shareholders' holdingsNot applicableIII. Other Important Matters
1. Matters related to the 2018 A-share Restricted Stock Incentive Plan (Phase II)Due to the resignation of one of the original incentive recipients of the 2018 A-share Restricted Stock IncentivePlan (Phase II), the Company's 18th meeting of the 10th Board of Directors and 2023 Annual General Meeting ofShareholders approved the repurchase and cancellation of 10,020 A-share restricted stocks that had been granted tothe above person but not yet lifted from restriction, and the creditors were notified as required. For details, please referto the announcements disclosed by the Company on the CNINFO website on March 14, 2024, and April 19, 2024,titled Announcement on the Repurchase and Cancellation of Part of the Restricted Stocks in the 2018 A-shareRestricted Stock Incentive Plan (Phase II) (2024-012) and Announcement on the Notification to Creditors Regardingthe Repurchase and Cancellation of Part of the Restricted Stocks and Reduction of Registered Capital (2024-017).
2. Matters related to the repurchase of a portion of domestic listed foreign shares (B-shares)The Company's 11th meeting of the 10th Board of Directors and the 2022 Annual General Meeting ofShareholders approved the Plan for the Repurchase of a Portion of Domestic Listed Foreign Shares (B-shares), andsubsequently disclosed the repurchase report and a series of progress announcements in accordance with relevantregulations. As of March 31, 2024, the Company has cumulatively repurchased 9,355,763 B-shares through a
dedicated securities account via centralized bidding, with a total payment of HKD 70,401,771.17 (excluding transactionfees). For detailed information, please refer to the relevant progress announcements disclosed on the CNINFOnetwork by the Company.IV. Quarterly Financial Statements(I) Financial statements
1. Consolidated balance sheet
Prepared by: FIYTA Precision Technology Co., Ltd.
As of March 31, 2024
Unit: RMB
| Item | Ending balance | Beginning balance |
| Current assets: | ||
| Monetary funds | 429,133,282.84 | 504,629,153.71 |
| Settlement reserve funds | ||
| Lent funds | ||
| Trading financial assets | ||
| Derivative financial assets | ||
| Notes receivable | 20,594,022.65 | 18,268,972.37 |
| Accounts receivable | 354,145,988.29 | 323,142,761.64 |
| Financing receivables | ||
| Prepayments | 12,091,024.86 | 6,571,239.98 |
| Premiums receivables | ||
| Reinsurance receivables | ||
| Reinsurance contract reserves receivable | ||
| Other receivables | 60,537,703.59 | 57,725,792.00 |
| Including: Interest receivable | ||
| Dividends receivable | ||
| Redemptory monetary capital for sale | ||
| Inventories | 2,105,364,158.13 | 2,100,666,175.28 |
| Including: Data resources | ||
| Contractual assets | ||
| Held-for-sale assets | ||
| Non-current assets due within one year | ||
| Other current assets | 48,674,518.61 | 72,249,391.81 |
| Total current assets | 3,030,540,698.97 | 3,083,253,486.79 |
| Non-current assets: | ||
| Loans and advances granted | ||
| Creditor's rights investments | ||
| Other creditor's rights investments | ||
| Long-term receivables | ||
| Long-term equity investments | 51,862,607.30 | 51,862,607.30 |
| Other equity instrument investments | ||
| Other non-current financial assets | ||
| Investment properties | 356,332,335.03 | 360,255,832.14 |
| Fixed assets | 350,300,461.08 | 355,785,354.68 |
| Construction in progress |
| Productive biological assets | ||
| Oil and gas assets | ||
| Right-of-use assets | 117,158,264.76 | 109,452,481.64 |
| Intangible assets | 30,943,165.32 | 31,664,380.77 |
| Including: Data resources | ||
| Development expenditure | ||
| Including: Data resources | ||
| Goodwill | ||
| Long-term deferred and prepaid expenses | 117,584,444.96 | 122,324,355.13 |
| Deferred income tax assets | 76,660,088.04 | 80,227,771.46 |
| Other non-current assets | 4,923,290.68 | 9,434,627.17 |
| Total non-current assets | 1,105,764,657.17 | 1,121,007,410.29 |
| Total assets | 4,136,305,356.14 | 4,204,260,897.08 |
| Current liabilities: | ||
| Short-term borrowings | 220,161,455.54 | 250,187,763.87 |
| Borrowings from central bank | ||
| Borrowed funds | ||
| Trading financial liabilities | ||
| Derivative financial liabilities | ||
| Notes payable | ||
| Accounts payable | 125,762,415.94 | 173,825,907.71 |
| Advance receipts | 10,666,111.71 | 10,267,758.31 |
| Contract liabilities | 18,783,506.42 | 12,286,243.62 |
| Sale of repurchase financial assets | ||
| Deposits received and interbank placements | ||
| Securities trading on behalf of clients | ||
| Securities underwriting on behalf of clients | ||
| Accrued payroll | 67,971,231.21 | 120,084,810.60 |
| Taxes payable | 46,708,918.01 | 64,188,161.31 |
| Other payables | 116,997,760.78 | 121,937,801.07 |
| Including: Interest payable | ||
| Dividends payable | 2,058,352.24 | 2,058,352.24 |
| Commissions and charges payable | ||
| Reinsurance payables | ||
| Held-for-sale liabilities | ||
| Non-current liabilities due within one year | 73,110,348.05 | 66,399,004.20 |
| Other current liabilities | 2,200,377.15 | 1,589,635.30 |
| Total current liabilities | 682,362,124.81 | 820,767,085.99 |
| Non-current liabilities: | ||
| Insurance contract reserves | ||
| Long-term borrowings | ||
| Bonds payable | ||
| Including: preferred stock | ||
| Perpetual bonds | ||
| Lease liabilities | 43,953,095.24 | 43,526,352.52 |
| Long-term payables | ||
| Long-term payroll payable | ||
| Accrued liabilities | ||
| Deferred income | 952,785.69 | 952,785.69 |
| Deferred income tax liabilities | 5,401,197.70 | 5,208,920.69 |
| Other non-current liabilities |
| Total non-current liabilities | 50,307,078.63 | 49,688,058.90 |
| Total liabilities | 732,669,203.44 | 870,455,144.89 |
| Owners' equity: | ||
| Share capital | 415,219,970.00 | 415,219,970.00 |
| Other equity instruments | ||
| Including: preferred stock | ||
| Perpetual bonds | ||
| Capital reserve | 990,648,535.27 | 990,159,033.17 |
| Less: Treasury stock | 78,645,532.23 | 78,645,532.23 |
| Other comprehensive incomes | 12,860,627.91 | 19,325,335.93 |
| Special reserve | 3,529,668.19 | 3,223,158.06 |
| Surplus reserve | 275,010,401.50 | 275,010,401.50 |
| General risk provision | ||
| Undistributed profits | 1,785,012,482.06 | 1,709,513,385.76 |
| Total owners' equity attributable to the parent company | 3,403,636,152.70 | 3,333,805,752.19 |
| Minority equity | ||
| Total owners' equity | 3,403,636,152.70 | 3,333,805,752.19 |
| Total liabilities and owners' equity | 4,136,305,356.14 | 4,204,260,897.08 |
Legal Representative: Zhang Xuhua CFO: Song Yaoming Financial Manager: Tian Hui
2. Consolidated income statement
Unit: RMB
| Item | Amount in the current period | Amount in the previous period |
| I. Total operating revenue | 1,065,150,876.00 | 1,200,095,568.76 |
| Including: Operating revenue | 1,065,150,876.00 | 1,200,095,568.76 |
| Interest income | ||
| Earned premiums | ||
| Charge and commission income | ||
| II. Total operating costs | 974,432,726.28 | 1,070,094,479.27 |
| Including: Operating costs | 678,091,040.35 | 767,722,882.96 |
| Interest expenses | ||
| Charge and commission expenses | ||
| Surrender value | ||
| Net payments for insurance claims | ||
| Net change in insurance contract reserves | ||
| Policyholder dividend expenses | ||
| Reinsurance expenses | ||
| Taxes and surcharges | 6,383,389.41 | 7,087,405.97 |
| Sales expenses | 225,628,850.97 | 228,113,224.28 |
| Management expenses | 45,467,020.50 | 48,007,102.03 |
| Research and development expenses | 14,435,086.78 | 13,175,703.59 |
| Financial expenses | 4,427,338.27 | 5,988,160.44 |
| Including: Interest | 2,503,202.83 | 2,990,967.60 |
| expenses | ||
| Interest income | 1,021,252.43 | 873,024.53 |
| Plus: Other income | 1,740,510.64 | 2,825,263.25 |
| Investment income (losses indicated with "-") | ||
| Including: Income from investments in associates and joint ventures | ||
| Income from derecognition of financial assets measured at amortized cost | ||
| Foreign exchange gains (losses indicated with "-") | ||
| Net exposure hedging gains (losses indicated with "-") | ||
| Gains on changes in fair value (losses indicated with "-") | ||
| Impairment loss on credit (losses indicated with "-") | 2,979,316.13 | -240,194.86 |
| Impairment loss on assets (losses indicated with "-") | ||
| Gain on disposal of assets (losses indicated with "-") | 2,949,209.65 | -73,523.67 |
| III. Operating profit (losses indicated with "-") | 98,387,186.14 | 132,512,634.21 |
| Plus: Non-operating income | 340,407.61 | 480,647.98 |
| Less: Non-operating expenses | 20,361.99 | 221,408.98 |
| IV. Total profit (total losses indicated with "-") | 98,707,231.76 | 132,771,873.21 |
| Less: Income tax expense | 23,208,135.46 | 29,582,383.98 |
| V. Net profit (net losses indicated with "-") | 75,499,096.30 | 103,189,489.23 |
| (I) Classified by business continuity | ||
| 1. Net profit from continuing operations (net loss indicated with "-") | 75,499,096.30 | 103,189,489.23 |
| 2. Net profit from discontinued operations (net loss indicated with "-") | ||
| (II) Classified by ownership | ||
| 1. Net profit attributable to owners of the parent company | 75,499,096.30 | 103,189,489.23 |
| 2. Minority shareholders' gains and losses | ||
| VI. Net amount of other comprehensive income after tax | -6,464,708.02 | -2,489,066.77 |
| Net amount of other comprehensive income after tax attributable to owners of the parent company | -6,464,708.02 | -2,489,066.77 |
| (I) Other comprehensive income not to be reclassified to profit or loss | ||
| 1. Changes in remeasurement of defined benefit plan |
| 2. Other comprehensive income from equity investments not to be reclassified to profit or loss | ||
| 3. Changes in fair value of other equity instrument investments | ||
| 4. Changes in fair value due to own credit risk | ||
| 5. Others | ||
| (II) Other comprehensive income to be reclassified to profit or loss | -6,464,708.02 | -2,489,066.77 |
| 1. Other comprehensive income from equity investments to be reclassified to profit or loss | ||
| 2. Changes in fair value of other creditor's rights investments | ||
| 3. Amounts reclassified to other comprehensive income from reclassification of financial assets | ||
| 4. Credit impairment provisions for other creditor's rights investments | ||
| 5. Cash flow hedge reserves | ||
| 6. Translation difference in foreign currency financial statements | -6,464,708.02 | -2,489,066.77 |
| 7. Other | ||
| Net amount of other comprehensive income after tax attributable to minority shareholders | ||
| VII. Total comprehensive income | 69,034,388.28 | 100,700,422.46 |
| Total comprehensive income attributable to owners of the parent company | 69,034,388.28 | 100,700,422.46 |
| Total comprehensive income attributable to minority shareholders | ||
| VIII. Earnings per share: | ||
| (I) Basic earnings per share | 0.1828 | 0.2505 |
| (II) Diluted earnings per share | 0.1825 | 0.2505 |
Legal Representative: Zhang Xuhua CFO: Song Yaoming Financial Manager: Tian Hui
3. Consolidated cash flow statement
Unit: RMB
| Item | Amount in the current period | Amount in the previous period |
| I. Cash flows from operating activities: | ||
| Cash received from sales of goods and rendering of services | 1,147,315,290.57 | 1,268,572,542.49 |
| Net increase in customer deposits and interbank placements | ||
| Net increase in borrowings from the central bank | ||
| Net increase in funds borrowed from other financial institutions | ||
| Cash received from premiums of original insurance contracts |
| Net cash received from reinsurance business | ||
| Net increase in policyholder deposits and investment funds | ||
| Cash received from interest, charges, and commissions | ||
| Net increase in borrowed funds | ||
| Net increase in cash from repurchase transactions | ||
| Net cash received from securities brokerage | ||
| Tax refunds | 837,925.87 | 612,797.28 |
| Cash received from other operating activities | 10,555,854.88 | 14,811,953.04 |
| Subtotal of cash inflows from operating activities | 1,158,709,071.32 | 1,283,997,292.81 |
| Cash paid for goods and services | 809,254,741.34 | 848,501,717.56 |
| Net increase in loans and advances to customers | ||
| Net increase in deposits with central bank and other banks | ||
| Cash paid for claims under original insurance contracts | ||
| Net increase in lent funds | ||
| Cash paid for interest, charges, and commissions | ||
| Cash paid for policy dividends | ||
| Cash paid to employees and for employees | 199,231,956.37 | 197,287,320.08 |
| Taxes paid | 70,531,590.40 | 69,642,205.23 |
| Other cash payments related to operating activities | 80,655,064.41 | 88,396,085.94 |
| Subtotal of cash outflows from operating activities | 1,159,673,352.52 | 1,203,827,328.81 |
| Net cash flow from operating activities | -964,281.20 | 80,169,964.00 |
| II. Cash flows from investment activities: | ||
| Cash received from investment recovery | ||
| Cash received from investment income | ||
| Net cash received from disposal of fixed assets, intangible assets, and other long-term assets | 4,740,975.47 | 858.16 |
| Net cash received from disposal of subsidiaries and other business units | ||
| Cash received related to other investment activities | ||
| Subtotal of cash inflows from investment activities | 4,740,975.47 | 858.16 |
| Cash paid for acquisition of fixed assets, intangible assets, and other long-term assets | 19,071,569.91 | 13,729,006.77 |
| Cash paid for investments | ||
| Net increase in pledged loans | ||
| Net cash paid for acquisition of subsidiaries and other business units | ||
| Cash paid related to other investment activities | ||
| Subtotal of cash outflows from investment activities | 19,071,569.91 | 13,729,006.77 |
| Net cash flow from investment activities | -14,330,594.44 | -13,728,148.61 |
| III. Cash flows from financing activities: | ||
| Cash received from capital contributions | ||
| Including: Cash received from minority shareholders' investments in subsidiaries | ||
| Cash received from borrowings | 120,000,000.00 | 150,000,000.00 |
| Cash received from other financing activities | ||
| Subtotal of cash inflows from financing activities | 120,000,000.00 | 150,000,000.00 |
| Cash paid for debt repayment | 150,000,000.00 | 150,000,000.00 |
| Cash paid for dividends and profits distribution, or interest payments | 1,442,427.78 | 4,779,458.02 |
| Including: Dividends or profits paid to minority shareholders of subsidiaries | ||
| Cash paid for other financing activities | 28,716,692.97 | 26,933,476.33 |
| Subtotal of cash outflows from financing activities | 180,159,120.75 | 181,712,934.35 |
| Net cash flow from financing activities | -60,159,120.75 | -31,712,934.35 |
| IV. Effect of exchange rate changes on cash and cash equivalents | -41,874.48 | -380,351.54 |
| V. Net increase in cash and cash equivalents | -75,495,870.87 | 34,348,529.50 |
| Plus: Beginning balance of cash and cash equivalents | 504,629,153.71 | 313,747,463.64 |
| VI. Ending balance of cash and cash equivalents | 429,133,282.84 | 348,095,993.14 |
Legal Representative: Zhang Xuhua CFO: Song Yaoming Financial Manager: Tian Hui
(II) Adjustment of items related to the financial statements at the beginning ofthe year when the new accounting standards are implemented for the first timesince 2024Not applicable(III) Auditors' ReportWhether the Q1 report has been auditedNo
FIYTA Precision Technology Co., Ltd.
Board of DirectorsApril 25, 2024