Fy Financial Shenzhen publishes 2025 annual report

• FY Financial (Shenzhen) annual report for year ended Dec. 31, 2025 flagged a strategic shift in energy storage toward medium-scale projects and commercial and industrial systems, moving away from projects above 100 MWh.
• Finance leasing operations continued to run down, with no remaining balance of leased finance leasing assets as contracts turned non-performing and moved into litigation or judgment stages.
• Factoring remained core credit exposure, with factoring assets balance at RMB 199.36 million at Dec. 31, 2025.
• Investment in associate Shanghai KYMS remained under pressure, with FY Financial citing severe operating challenges and cash flow constraints tied to weak office leasing conditions.
• Cross-border e-commerce stayed small and early-stage, with monthly order volumes low despite platform integrations positioning business for potential expansion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fy Financial Shenzhen Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260416-12107703), on April 16, 2026, and is solely responsible for the information contained therein.