FIYTA Precision Technology (000026.SZ) plans to establish a Long Division to expand its business areas in aerospace, Siasun Robot & Automation, and other fields.

FIYTA Precision Technology (000026.SZ) announced that the company's board of directors has approved the proposal to establish the Changkong Business Department. In order to accelerate the layout of emerging industry business, the company has decided to set up the Changkong Business Department, leveraging the core technological capabilities of its wholly-owned subsidiary, Shaanxi Changkong Gear Co., Ltd., in the fields of small modulus gears and precision reducers to vigorously expand into business areas such as aerospace and Siasun Robot & Automation, thereby enhancing the scale of its emerging industry business.