Core Viewpoint - Feiyada's stock price has shown significant volatility, with a year-to-date increase of 74.92% but a recent decline in the last 20 days by 8.07% [2] Group 1: Stock Performance - On September 18, Feiyada's stock fell by 2.08%, trading at 17.44 CNY per share, with a total market capitalization of 70.77 billion CNY [1] - Year-to-date, Feiyada's stock has increased by 74.92%, with a 2.41% rise in the last five trading days and a 33.44% increase over the last 60 days [2] - The company has appeared on the "龙虎榜" (a stock trading leaderboard) four times this year, with the most recent appearance on August 14, where it recorded a net buy of 786.68 million CNY [2] Group 2: Financial Performance - For the first half of 2025, Feiyada reported a revenue of 1.784 billion CNY, a year-on-year decrease of 14.08%, and a net profit of 82.445 million CNY, down 43.97% year-on-year [2] - The company's main business revenue composition includes 75.36% from luxury watch services, 17.66% from watch brand operations, 3.39% from precision technology, and 3.24% from leasing [2] Group 3: Shareholder Information - As of June 30, 2025, Feiyada had 25,800 shareholders, a decrease of 2.92% from the previous period, with an average of 18,148 circulating shares per shareholder, an increase of 3.77% [2] - The company has distributed a total of 1.515 billion CNY in dividends since its A-share listing, with 429 million CNY distributed over the last three years [3] - Among the top ten circulating shareholders, Huashang Zhenxuan Return Mixed A is the sixth largest, holding 2.5494 million shares as a new shareholder [3]

Market Overview - The jewelry sector experienced a decline of 1.45% on September 15, with Mankalon leading the drop [1] - The Shanghai Composite Index closed at 3860.5, down 0.26%, while the Shenzhen Component Index closed at 13005.77, up 0.63% [1] Individual Stock Performance - Mankalon (300945) saw a significant drop of 4.76%, closing at 21.61 with a trading volume of 249,400 shares and a turnover of 542 million yuan [2] - Other notable declines include: - Cuihua Jewelry (002731) down 3.76% to 13.30 [2] - Laixitongling (603900) down 2.96% to 11.16 [2] - Diya Co. (301177) down 2.43% to 36.54 [2] - Conversely, Lao Fengxiang (600612) increased slightly by 0.42% to 55.18 [1] Trading Volume and Capital Flow - The jewelry sector experienced a net outflow of 284 million yuan from main funds, while retail investors saw a net inflow of 328 million yuan [2] - The trading volume for key stocks included: - Mankalon: 249,400 shares [2] - Cuihua Jewelry: 125,600 shares [2] - Gold China (600916): 378,400 shares [2]

Market Overview - The jewelry sector increased by 0.38% on September 12, with Mankalon leading the gains [1] - The Shanghai Composite Index closed at 3883.69, up 0.22%, while the Shenzhen Component Index closed at 12996.38, up 0.13% [1] Key Performers - Mankalon (300945) closed at 22.82, up 4.49% with a trading volume of 284,900 shares and a transaction value of 6.42 billion [1] - Other notable performers include: - Deep China A (000017) at 7.27, up 1.96% [1] - Cai Zhi Co. (665509) at 14.69, up 1.94% [1] - Ying Xitong Ling (603900) at 11.58, up 1.14% [1] - China Gold (600916) at 8.68, up 1.05% [1] Fund Flow Analysis - The jewelry sector saw a net inflow of 93.53 million from institutional investors, while retail investors experienced a net outflow of 27.79 million [2] - Mankalon had a net outflow of 43.11 million from institutional investors, indicating a shift in investment sentiment [3] - Deep China A experienced a net inflow of 23.93 million from institutional investors, suggesting strong interest [3] Summary of Individual Stocks - Mankalon: - Closing Price: 22.82, Change: +4.49%, Net Institutional Inflow: -43.11 million [1][3] - Deep China A: - Closing Price: 7.27, Change: +1.96%, Net Institutional Inflow: 23.93 million [1][3] - China Gold: - Closing Price: 8.68, Change: +1.05%, Net Institutional Inflow: 736.78 million [3]

证券代码：000026 200026 证券简称：飞亚达 飞亚达B 公告编号：2025-027 飞亚达精密科技股份有限公司 2025 年第一次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大 遗漏。 特别提示： 1、本次股东会不存在否决议案的情形。 2、本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开情况 1、现场会议时间：2025 年 9 月 10 日（星期三）下午 15:00 2、网络投票时间：2025 年 9 月 10 日。其中，通过深圳证券交易所交易系统进行网络投 票的具体时间为：2025 年 9 月 10 日 9:15-9:25,9:30-11:30，13:00-15:00；通过深圳证券交 易所互联网投票的具体时间为：2025 年 9 月 10 日 9:15 至 15:00。 3、现场会议召开地点：深圳市南山区高新南一道飞亚达科技大厦 20 楼 2 号会议室 4、召开方式：现场表决与网络投票相结合 5、召集人：公司董事会 B 股股东出席情况：通过现场及网络投票的 B 股股东及股东授权委托代表共 1 人，代表股 份 6,500 股，占 ...

广东鸿湾律师事务所 关于飞亚达精密科技股份有限公司 2025 年第一次临时股东会法律意见书 致：飞亚达精密科技股份有限公司 广东鸿湾律师事务所（简称"本所"）接受飞亚达精密科技股份有限公司（以 下简称"贵公司"）的委托，指派本所唐健律师、庞丽洁律师就贵公司 2025 年第 一次临时股东会进行现场见证，就本次股东会有关法律事宜进行审查，并出具法律 意见书。 本所律师根据《中华人民共和国公司法》（简称《公司法》）、《上市公司股 东会规则》（简称《股东会规则》）、《上市公司治理准则》（简称《治理准则》） 等国家法律、法规、有关主管部门的规定及贵公司《公司章程》就本次会议的召开、 召集程序、出席会议人员资格、议案审议情况及表决结果等相关事宜和法律问题进 行审查，本所律师将按照律师行业公认的业务标准、道德规范和勤勉尽责的精神， 发表法律意见如下： 一、关于本次股东会的召集、召开程序 贵公司董事会已按照《公司法》和《公司章程》的规定在会议召开十五日前， 于 2025 年 8 月 23 日在巨潮资讯网以公告的方式通知了各股东，并对所有提交股东 会审议的提案内容进行了披露。 本次股东会于二〇二五年九月十日 15 时在飞亚达科 ...

Market Overview - The jewelry sector experienced a decline of 2.21% on September 10, with Chao Hong Ji leading the drop [1] - The Shanghai Composite Index closed at 3812.22, up 0.13%, while the Shenzhen Component Index closed at 12557.68, up 0.38% [1] Individual Stock Performance - Notable declines in individual stocks include: - Chao Hong Ji (002345) down 6.23% with a closing price of 15.05 and a trading volume of 360,300 shares [2] - Mankalon (300945) down 4.96% with a closing price of 22.82 and a trading volume of 377,600 shares [2] - China Gold (600916) down 2.03% with a closing price of 8.68 and a trading volume of 737,300 shares [2] - Other stocks such as Lao Feng Xiang (600612) and Zhou Da Sheng (002867) also saw declines of 0.72% and 1.44% respectively [1][2] Capital Flow Analysis - The jewelry sector saw a net outflow of 430 million yuan from institutional investors, while retail investors contributed a net inflow of 422 million yuan [2][3] - The capital flow for key stocks indicates: - Chao Hong Ji had a net outflow of 79.22 million yuan from institutional investors [3] - China Gold experienced a net outflow of 63.42 million yuan from institutional investors [3] - Lao Feng Xiang had a net outflow of 54.84 million yuan from institutional investors [3] Summary of Trading Data - The trading data for the jewelry sector shows significant activity with total trading volumes and values across various stocks, indicating a mixed sentiment among investors [1][2][3]

Group 1 - The core point of the article is that Feiya (SZ 000026) announced it will be receiving a research visit from CCB Fund Management on September 9, 2025, with key executives participating in the meeting [1] - For the first half of 2025, Feiya's revenue composition is as follows: table products account for 93.02%, precision manufacturing business accounts for 3.39%, leasing accounts for 3.24%, and other businesses account for 0.35% [1] - As of the time of reporting, Feiya's market capitalization is 6.9 billion yuan [1]

Group 1: Investor Relations Activity - The investor relations activity was a specific object survey conducted on September 9, 2025 [2] - Participants included representatives from Guotai Junan Securities Co., Ltd. and CCB Fund Management Co., Ltd. [2] - The meeting took place at the Feiya Technology Building conference room [2] Group 2: Company Representatives - The meeting was hosted by Song Yaoming, Chief Accountant and Secretary of the Board [2] - Other attendees included Fang Jiarui, Head of Planning and Operations Capital Department, and staff from the Secretary Office [2] Group 3: Discussion Topics - The discussion focused on the company's business operations and development, as well as the proposed acquisition of Chang Kong Gear equity project [2] - Participants were encouraged to refer to previous investor relations activity records and disclosed announcements for more details [2] Group 4: Disclosure Information - The activity did not involve any undisclosed significant information [2] - No presentation materials or documents were provided during the meeting [2]

Core Insights - The gold and jewelry industry experienced a stark contrast in performance in the first half of 2025, with upstream gold mining companies benefiting from rising gold prices, while downstream consumption faced pressure due to these price increases [1][2]. Group 1: Performance of Selected Companies - Among the 12 selected jewelry companies, only 6 reported increases in both revenue and net profit, while 1 company saw revenue growth without profit increase, and 5 companies experienced declines in both metrics [1]. - The companies that achieved growth in both revenue and net profit include Caibai Co., Mankalon, Chaohongji, Cuihua Jewelry, Ruibeka, and Dia Co. [1]. - Laisen Tongling reported revenue of 870 million yuan, a 37% increase year-on-year, but its net profit fell by 263.52% to 61 million yuan [1]. Group 2: Declining Companies - Five companies reported declines in both revenue and net profit: China Gold, Feiya, Laofengxiang, Mingpai Jewelry, and Xinhua Jin [2]. - China Gold's revenue decreased by 11.54% to 31.098 billion yuan, and its net profit fell by 46.35% to 319 million yuan [3][4]. - Feiya's revenue was 1.784 billion yuan, down 14.08%, with a net profit of 82.45 million yuan, a decrease of 43.97% [3]. - Laofengxiang's revenue dropped to 6.603 billion yuan, a decline of 16.52%, and its net profit decreased by 13.07% to 1.22 billion yuan [3]. - Xinhua Jin's revenue fell by 24.92% to 669 million yuan, and its net profit decreased by 39.45% to 12.87 million yuan [3].

Core Viewpoint - The gold and jewelry industry is experiencing a dichotomy in performance in the first half of 2025, with upstream gold mining companies benefiting from rising gold prices, while downstream consumption is under pressure due to the same price increases [1]. Group 1: Performance of Selected Companies - Among the 12 selected jewelry companies, only 6 reported increases in both revenue and net profit, while 1 company saw revenue growth without profit increase, and 5 companies experienced declines in both metrics [1]. - The companies that achieved growth in both revenue and net profit include Caibai Co., Mankalon, Chaohongji, Cuihua Jewelry, Ruibeka, and Dia Co. [1]. - Laisen Tongling reported revenue of 870 million yuan, a 37% increase year-on-year, but its net profit fell by 263.52% to 61 million yuan [1]. Group 2: Declining Performance - Five companies reported declines in both revenue and net profit: China Gold, Feiyada, Laofengxiang, Mingpai Jewelry, and Xinhua Jin [2]. - China Gold's revenue decreased by 11.54% to 31.098 billion yuan, and net profit fell by 46.35% to 319 million yuan [3][4]. - Feiyada's revenue was 1.784 billion yuan, down 14.08%, with net profit dropping by 43.97% to 82.45 million yuan [3]. - Laofengxiang's revenue fell to 6.603 billion yuan, a decrease of 16.52%, and net profit declined by 13.07% to 1.22 billion yuan [3]. - Xinhua Jin's revenue dropped by 24.92% to 669 million yuan, with net profit down 39.45% to 12.87 million yuan [3].