Fiyta Precision Technology Co., Ltd. (000026.SZ) has issued an announcement regarding unusual stock price fluctuations. The company previously disclosed its intent to acquire a 100% equity stake in Changkong Gear. This transaction remains pending approval from Aviation Industry regarding the economic aspects of the agreement transfer and is subject to uncertainty.
Currently, Changkong Gear's primary products consist of precision gears and precision reducers, primarily utilized in sectors such as aerospace, engineering machinery, and high-end equipment. Its business activities in the robotics and commercial aerospace fields are currently in preliminary market cultivation and exploration phases. Consequently, the future development and operational performance in these areas carry significant uncertainty.
For the first quarter of 2026, revenue from Changkong Gear's robotics segment accounted for less than 10% of its total operating revenue and less than 1% of the consolidated operating revenue of Fiyta Precision Technology. Similarly, revenue from its commercial aerospace segment constituted less than 5% of its total operating revenue and less than 0.5% of the consolidated operating revenue of Fiyta Precision Technology.
Recently, market attention on robotics and commercial aerospace concepts has been heightened, with related sectors demonstrating active performance. Certain market rumors suggesting the company's involvement in robotics and commercial aerospace businesses have attracted attention, contributing to significant short-term volatility in the company's stock price and instances of irrational speculation. The company advises all investors to fully comprehend the risks associated with secondary market trading, make rational decisions, and invest prudently.