StockCode:       ShortFormofStock: FIYTAA,FIYTAB       AnnouncementNo:2017-047

                            FIYTAHOLDINGSLTD.

                     2017ThirdQuarterlyReport，Text

                                    October,2017

                          Section1   ImportantNotes

TheBoardofDirectors,theSupervisoryCommittee,directors,supervisorsandseniorexecutiveshereby

individuallyandcollectivelyacceptresponsibilityforthecorrectness,accuracyandcompletenessofthe

contentsofthisQuarterlyReportandconfirmthatthereareneithermaterialomissionsnorerrorswhich

wouldrenderanystatementmisleading.

AllthedirectorsattendedtheboardmeetingforreviewingtheQuarterlyReport.

Mr.HuangYongfeng,theCompanyleader,Mr.ChenZhuo,thechieffinancialofficer,andMr.TianHui,

themanageroftheaccountingdepartment(treasurer)herebyconfirmtheauthenticity,accuracyand

completenessofthefinancialreportenclosedinthisQuarterlyReport.

                      Section2   CompanyInformation

I.KeyAccountingDataandFinancialIndicators

DoestheCompanyneedtomakeretrospectiveadjustmentorrestatementoftheaccountingdataofthe

previousyear

No

                                                                        Increase/decreaseofthe

                          Endofthereportingperiod  Endofthepreviousyear  endofthereportperiodvs

                                                                       theendofthepreviousyear

Totalassets,inCNY                  3,699,345,636.81         4,004,897,562.72                 -7.63%

Netassetsattributabletothe

Company’sshareholders(in            2,465,983,929.10         2,371,370,535.17                 3.99%

CNY)

                                          Increase/decreaseof                 Increase/decreaseof

                                           thereportperiodvs Fromyearbeginning thereportingperiod

                           Reportingperiod   thesameperiodof   totheendofthe   vsthesameperiod

                                            thepreviousyear     reportperiod    ofthepreviousyear

                                                                                   (%)

Operatingrevenue,inCNY        876,113,517.26           16.10%   2,475,654,661.61          10.81%

Netprofitattributabletothe

Company’s shareholders(in       49,839,227.96            3.86%    136,548,052.72          26.06%

CNY)

Netprofitattributabletothe

Company’sshareholdersless       49,457,070.83            3.59%    135,395,527.77          26.12%

thenon-recurringitems,inCNY

Netcashflowsarisingfrom            --               --            363,315,959.49          24.83%

operatingactivities,inCNY

Basicearningspershare                 0.1136            4.22%           0.3112          26.04%

(CNY/share)

Dilutedearningspershare                0.1136            4.22%           0.3112          26.04%

(CNY/share)

Netassets-incomeratio,                  2.01%           -0.85%            5.66%          22.57%

weightedaverage

Non-recurringgain/lossitemsandtheamountinvolved

                                                                                       InCNY

                     Items                     Fromyearbeginningtothe          Notes

                                               endofthereportingperiod

Gainandlossfromdisposalofnon-currentassets,including            -200,581.55

thepartoffsetwiththeprovisionforimpairmentofassets

Governmentsubsidyrecognizedincurrentgainandloss              2,414,836.49

(excludingthosecloselyrelatedtotheCompany’sbusiness

andgrantedunderthestate’spoliciesaccordingtocertain

quotaofamountorvolume)

Incomeandexpensesfromthebusinessotherthanthe                -845,778.09

aboveitems

Less:Amountaffectedbytheincometax                            215,951.90

Total                                                      1,152,524.95           --

FortheCompany’snon-recurringgain/lossitemsasdefinedintheExplanatoryAnnouncementNo.1on

InformationDisclosureforCompaniesOfferingtheirSecuritiestothePublic�CNon-recurringGainsand

Lossesanditsnon-recurringgain/lossitemsasillustratedintheExplanatoryAnnouncementNo.1on

InformationDisclosureforCompaniesOfferingtheirSecuritiestothePublic�CNon-recurringGainsand

Losseswhichhavebeendefinedasrecurringgainsandlosses,itisnecesSARytoexplainthereason.

Inapplicable

II.TotalShareholdersandSharesHeldbyTopTenShareholdersattheEndofthe

ReportingPeriod

1.StatementofTotalShareholdersofCommonSharesandtheReferredShareswiththeVoting

PowerRecoveredandtheSharesHeldbyTopTenShareholders

                                                                                     InShares

Totalcommonshareholdersat                         Totalshareholdersof

theendofthereportingperiod                   35,959preferredshareswithvoting                     0

                                                 powerrecovered(ifany)

                               Sharesheldbythetop10shareholders

 Shareholders’                                           Numberof         Pledgedorfrozen

                Natureof    Proportionof    Numberof     restricted

   Names     Shareholders   sharesheld    sharesheld                 Statusofthe      Q’ty

                                                       sharesheld      shares

CATIC

Shenzhen     State owned         37.15%   162,977,327            0

Holdings      corporate

Limited

Chongqing

International   Domestic

TrustCo.,Ltd.- non-state              2.07%     9,103,318            0

YUXINTrustNo.corporate

2

Chongqing

International   Domestic

TrustCo.,Ltd.- non-state              1.94%     8,502,780            0

Rongxintong   corporate

SeriesUnitrust

No.10

#YangZugui   Domestic              1.65%     7,254,069            0

             naturalpersons

MANULIFE

TEDAFund－

MinshengBank

－MANULIFE

TEDAValue   Domestic

Growth       non-state              1.15%     5,043,559            0

Oriented      corporate

AdditionalIssue

No.351Assets

Management

Program

Xizang        State owned

InvestmentCo.,corporate             1.13%     4,976,551            0

Ltd.

GoldenEagle

Fund-Minsheng

Bank-Golden

EagleWenshi  Domestic

JunyeFlexible non-state              1.07%     4,674,329            0

DispositionNo. corporate

3Assets

Management

Program

Guangdong    Domestic

Junye        non-state              0.76%     3,347,210            0

InvestmentCo.,corporate

Ltd.

ShenzhenHeli Domestic

Fengyuan     non-state              0.76%     3,314,781            0

Commerce&  corporate

TradeCo.,Ltd.

Shenzhen     Domestic

QianyeHuirongnon-state              0.70%     3,076,400            0

InvestmentCo.,corporate

Ltd.

Non-restrictedsharesheldbythetoptenshareholders

Shareholders’Names                                                  ShareType

                           Numberofunrestrictedshares                             Q’ty

                                                                   ShareType

CATICShenzhenHoldings                                              RMBordinary

Limited                                                  162,977,327shares(A         162,977,327

                                                                   shares)

ChongqingInternationalTrust                                           RMBordinary

Co.,Ltd.-YUXINTrustNo.2                                    9,103,318shares(A          9,103,318

                                                                   shares)

ChongqingInternationalTrust                                           RMBordinary

Co.,Ltd.-RongxintongSeries                                  8,502,780shares(A          8,502,780

UnitrustNo.10                                                       shares)

                                                                   RMBordinary

#YangZugui                                                7,254,069shares(A          7,254,069

                                                                   shares)

MANULIFETEDAFund－

MinshengBank－MANULIFE                                            RMBordinary

TEDAValueGrowthOriented                                   5,043,559shares(A          5,043,559

AdditionalIssueNo.351Assets                                          shares)

ManagementProgram

                                                                   RMBordinary

XizangInvestmentCo.,Ltd.                                    4,976,551shares(A          4,976,551

                                                                   shares)

GoldenEagleFund-Minsheng                                           RMBordinary

Bank-GoldenEagleWenshi                                    4,674,329shares(A          4,674,329

JunyeFlexibleDispositionNo.3                                         shares)

AssetsManagementProgram

GuangdongJunyeInvestment                                           RMBordinary

Co.,Ltd.                                                   3,347,210shares(A          3,347,210

                                                                   shares)

ShenzhenHeliFengyuan                                               RMBordinary

Commerce&TradeCo.,Ltd.                                    3,314,781shares(A          3,314,781

                                                                   shares)

ShenzhenQianyeHuirong                                              RMBordinary

InvestmentCo.,Ltd.                                          3,076,400shares(A          3,076,400

                                                                   shares)

                           Ofthetop10shareholders,bothChongqingInternationalTrustCo.,Ltd.-YUXINNo.

Relationship/concertedaction   2TrustandChongqingInternationalTrustCo.,Ltd.-RongxintongSerialOrder-Trust

amongtheaboveshareholders  No.10aresubsidiariesofChongqingInternationalTrustCo.,Ltd.Bothofthemare

                           holdingtotalling17,606,098sharesofnegotiableA-sharesintheCompany,which

                           takes4.01%oftheCompany'stotalshares.

Note to the top 10 common

shareholdersinvolvedinmargin

financing&securitieslending(ifInapplicable

any)

Didthetoptencommonshareholdersortoptenshareholdersofunrestrictedcommonsharesconduct

contractualrepurchaseduringthereportingperiod

No

2.StatementofTotalShareholdersofPreferredSharesandSharesHeldbyTopTenShareholders

ofPreferredShares

Inapplicable

                             Section3   SignificantEvents

I.Movementsandthecausesofmajorfinancialdataandfinancialindicatorsinthereporting

period

I.ItemsofBalanceSheet

      Items            Ending         Opening       Changerate              CauseofChange

                      balance         balance           (%)

                                                                  Itmainlyconsistedoftheinputoftheraised

Monetaryfund      283,300,365.16   428,802,755.81      -33.93%     capitalandpartoftheworkingcapitalusedfor

                                                                  repaymentofbankloan

                   11,843,004.08     7,662,556.28       54.56%      Itwasmainlyduetoincreaseofacceptance

Notesreceivable                                                   draftundueattheendofthereportingperiod

                                                                  Itmainlyconsistedofthemoneypaidin

Othernon-current     6,382,192.87    10,681,518.91       -40.25%     advanceforfixedassetconvertedintofixed

assets                                                            assetuponacceptanceinspection

                                                                  Itwasmainlyduetorepaymentofpartofthe

Short-termLoan     765,718,810.00  1,098,438,070.00     -30.29%     bankloanwiththeworkingcapitalinthe

                                                                  currentyear.

                   148,025,474.49   215,422,089.74      -31.29%     Itwasmainlyduetodecreaseofthetrade

Accountspayable                                                  payablesattheendofthereportingperiod.

                                                                  Itwasmainlyduetoincreaseoftheenterprise

Taxespayable       85,190,519.61    50,945,289.31       67.22%      incometaxprovidedattheendofthereporting

                                                                  period.

II.ItemsinProfitStatement

                     Reporting    SamePeriodof    Changerate

      Items           Period       thePrevious         (%)                 ReasonofChange

                                       Year

                                                                  Itwasmainlyduetoincreaseofthelaborcost,

Administrative                                                     increaseofR&Dexpensesinthecurrentyear

expenses           64,896,843.37    46,470,757.63       39.65%      andincreaseofthedepreciationarisingfrom

                                                                  conversionofFIYTAWatchBuildingintofixed

                                                                  assetsattheendof2016.

Lossfrom                                                         Itwasmainlyduetoincreaseofprovisionfor

impairmentof        8,416,056.39     1,909,350.83       340.78%     baddebtandprovisionforpricefallingof

assets                                                            inventoriesinthereportingperiod.

Non-operating                                                      Itwasmainlyduetoincreaseofthe

income              991,658.14      442,044.51        124.33%     governmentsubsidyinthereportingperiod

                                                                  overthecorrespondingperiod.

Non-operating                                                      Itwasmainlyduetopaymentofthedonation

expenses            572,547.81       95,903.50        497.00%     byFIYTADreamCentertoShanghaiAdream

                                                                  Foundation.

III.ItemsofCashFlowStatement

                     Fromyear

                    beginningto    SamePeriodof    Changerate             ReasonofChange

      Items        theendofthe    thePrevious         (%)

                     reporting          Year

                      period

Rebatedtaxes         863,877.72       69,388.94        1144.98%    Itwasmainlyduetoincreaseoftheexport

received                                                           dutiesrebatedinthecurrentyear.

Cashpaidfor                                                      Itwasmainlyduetodecreaseofthe

construction/purch   85,209,670.21    134,423,973.14      -36.61%     engineeringpaymentsofGuangmingNew

aseoffixedassets,                                                  ZoneIndustrialBaseoverthecorresponding

intangibleassets                                                   period.

andotherlongterm

assets

Cashreceivedfrom  495,432,500.00   865,749,959.13      -42.77%     Itwasmainlyduetodecreaseofthebankloan

loans                                                             inthecurrentyear.

   II.ProgressofSignificantEvents,itsImpactsandtheSolutions

   1.ChangeofDirectors,SupervisorsandSeniorExecutives

   TheCompany's19thSessionoftheEighthBoardofDirectorsheldonSeptember4,2017and20173rd

   ExtraordinaryGeneralMeetingheldonSeptember20,2017reviewedandapprovedtheProposalof

   NorminatingMr.WangBoasDirectorCandidateandtheProposalofNorminatingMr.XiaoZhanglinas

   DirectorCandidate.Mr.WangBoandMr.XiaoZhanglinweredirectorsoftheCompany'sEighthBoardof

   Directors.Forthedetail,refertoAnnouncementonResolutionsofthe19thSessionoftheEighthBoardof

   Directors-2017-041andAnnouncementonResolutionsof20173rdExtraordinaryGeneralMeeting-

   2017-045 respectively disclosed on the Securities Times, Hong Kong Commercial Daily and

   www.cninfo.com.cn.   TheCompany's20thSessionoftheEighthBoardofDirectorsheldonSeptember8,2017reviewedand   approvedtheProposalforElectionoftheChairmanoftheBoardandMr.HuangYongfengwaselected   theChairmanoftheEighthBoardofDirectors.Forthedetail,refertoAnnouncementonResolutionsof   the20thSessionoftheEighthBoardofDirectors-2017-044.        Briefsofsignificantevents              Disclosuredate           Indexforinquirywiththewebsite                                                                      disclosingprovisionalreports   Announcement on Resolutions ofthe   19th Session of theEighth Board of        September5,2017              http://www.cninfo.com.cn/   Directors-2017-041   AnnouncementonResolutionsof2017   3rd Extraordinary General Meeting-        September21,2017              http://www.cninfo.com.cn/2017-045

   Announcement on Resolutions ofthe

   20th Session of theEighth Board of        September9,2017              http://www.cninfo.com.cn/

   Directors-2017-044

   III.FailureinDueFulfillmentoftheCommitmentsoftheActualControllers,

   Shareholders,Affiliates,andAcquirerandtheCompanyduringtheReportingPeriod

   Inapplicable

   IV.PredictionoftheOperationResultsYear2017

   Inapplicable

V.InvestmentinSecurities

Inapplicable

VI.InvestmentinDerivatives

Inapplicable

VII.  Registry  of  such  Activities  as  Reception  of  the  Visitors  of  Survey,

Communications,Interview,etc.duringtheReportingPeriod

Inapplicable

VIII.OutwardGuaranteeagainsttheRegulations

Inapplicable

IX.TheCompany’sFundOccupiedbyitsControllingShareholderorRelatedPartyfor

Non-operationPurpose

Inapplicable

X. Implementation of the Social Responsibility of Taking Targeted Measures to

AlleviatePovertyinLightofLocalConditions.

Inthereportingthirdquarter,theCompanyneithercarriedouttheworkoftakingtargetedmeasuresto

alleviatepovertyinlightoflocalconditionsnorhadsuchaplan.