Fiyta Precision Technology Co.,Ltd. (000026.SZ) has announced the establishment of a new division, the Changkong Division, as approved by the board of directors through the "Proposal on the Establishment of the Changkong Division." This strategic move aims to accelerate the company's expansion into emerging industries.
The newly formed Changkong Division will leverage the core technological expertise of its wholly-owned subsidiary, Shaanxi Changkong Gear Co., Ltd., in the areas of small-to-medium modulus gears and precision reducers. By capitalizing on these capabilities, Fiyta Precision Technology plans to significantly broaden its presence in high-growth sectors such as aerospace and robotics, thereby enhancing the scale of its emerging industry operations.
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