Core Viewpoint - Feiya Technology (000026) highlights its subsidiary, Chang Kong Gear Company, which has extensive experience in precision component manufacturing since its establishment in 1969 [1] Company Overview - Chang Kong Gear Company specializes in precision gears and precision reducers, primarily serving the aerospace and high-end equipment sectors [1] - The company is recognized as a leading player in the domestic small modulus gear industry and has received national-level certification as a "Little Giant" enterprise for specialized and innovative companies [1]

每经头条（nbdtoutiao）——独家对话特斯拉FSD跨美第一人：4400公里"零接管"，手没碰过方向盘！作 为激光雷达销售员，他为何站队马斯克的"纯视觉"？ （记者 王晓波） 每经AI快讯，飞亚达发布公告称，2026年1月9日，飞亚达接受长安基金管理有限公司等投资者调研， 公司证券事务代表 熊瑶佳等人参与接待，并回答了投资者提出的问题。 ...

Group 1: Company Performance - In 2025, the company achieved a total revenue of 2.675 billion CNY, representing a 12% year-on-year decline due to a drop in watch sales [2] - The company anticipates continued uncertainty in the consumer market for 2026 and plans to strengthen its operational management and accelerate transformation efforts [2] Group 2: Brand Strategy - The "Fiyta" brand focuses on high-quality Chinese watches with an emphasis on aerospace-themed products, aiming to maintain a leading position in the domestic market [3] - Future product development will prioritize the creation of women's watches that incorporate Chinese cultural and aesthetic elements [3] Group 3: Luxury Watch Business - The luxury watch market in China saw a 12.7% year-on-year decline in Swiss watch exports from January to November 2025 [4] - The company’s luxury watch segment, "Hengjili," is committed to high-quality development and expanding partnerships with top brands while enhancing operational management [4] Group 4: Precision Manufacturing - The precision manufacturing segment focuses on producing components for lasers and optical communications, maintaining stable business scale but with a small revenue share [5] - Plans include strengthening internal capabilities and optimizing the production system, as well as acquiring a controlling stake in Chang Kong Gear Company to enhance technical capabilities [5][6] Group 5: Acquisition Plans - Chang Kong Gear Company, established in 1969, is recognized as a leading manufacturer of precision gears and reducers, primarily serving aerospace and high-end equipment sectors [6] - The acquisition process is ongoing, with no finalized transaction details yet, and updates will be provided through company announcements [7]

Group 1 - The core viewpoint of the news is that Feiyada's stock has experienced fluctuations, with a recent decline of 2.04% and a total market value of 6.829 billion yuan [1] - As of January 9, Feiyada's stock price is 16.83 yuan per share, with a trading volume of 1.53 billion yuan and a turnover rate of 2.47% [1] - The company has seen a net outflow of 6.3328 million yuan in principal funds, with significant selling pressure from large orders [1] Group 2 - Year-to-date, Feiyada's stock price has increased by 2.75%, with a 9.78% rise over the past 20 trading days [2] - The company's main business includes watch brand management and retail, with revenue contributions of 75.36% from luxury watch services, 17.66% from watch brand business, and 3.39% from precision technology [2] - As of December 19, the number of shareholders has decreased by 3.18% to 35,700, with an average of 12,098 circulating shares per person, an increase of 3.81% [2] Group 3 - Feiyada has distributed a total of 1.515 billion yuan in dividends since its A-share listing, with 429 million yuan distributed in the last three years [3] - As of September 30, 2025, several new institutional shareholders have entered the top ten circulating shareholders, including Huashang Quality Value Mixed A and Dongfanghong Vision Value Mixed A [3]

Group 1 - The company, Feiyada, is increasing its investment in research and development, as well as talent acquisition, focusing on its strategic transformation towards precision manufacturing [1] - Feiyada is actively exploring related businesses such as precision reducers, building on its existing precision component product base [1]

证券日报网讯1月8日，飞亚达（000026）在互动平台回答投资者提问时表示，截至2025年12月31日，公 司A股股东户数为28929户，B股股东户数为5565户。 ...

（文章来源：证券日报） 证券日报网讯 1月8日，飞亚达在互动平台回答投资者提问时表示，公司主营手表业务，同时积极培育 精密制造和智能穿戴等战略性新兴产业业务，其中精密制造业务产品应用于激光器、光通讯、航空航天 等领域。公司暂不涉及商业航天相关业务。 ...

格隆汇1月8日丨飞亚达(000026.SZ)在互动平台表示，公司主营手表业务，同时积极培育精密制造和智 能穿戴等战略新兴产业业务，其中精密制造业务产品应用于激光器、光通讯、航空航天等领域。公司暂 不涉及商业航天相关业务。 ...

格隆汇1月8日丨飞亚达(000026.SZ)在互动平台表示，公司主营手表业务，同时积极培育精密制造和智 能穿戴等战略新兴产业业务，其中精密制造业务产品应用于激光器、光通讯、航空航天等领域。公司暂 不涉及商业航天相关业务。 （原标题：飞亚达(000026.SZ)：暂不涉及商业航天相关业务） ...

Market Overview - The jewelry sector increased by 0.36% on January 8, with ST Xinhua Jin leading the gains [1] - The Shanghai Composite Index closed at 4082.98, down 0.07%, while the Shenzhen Component Index closed at 13959.48, down 0.51% [1] Individual Stock Performance - ST Xinhua Jin (600735) closed at 5.78, up 5.09% with a trading volume of 7365 lots and a transaction value of 4.257 million yuan [1] - Feiya (000026) closed at 17.18, up 2.57% with a trading volume of 193,200 lots and a transaction value of 331 million yuan [1] - Mingpai Jewelry (002574) closed at 5.70, up 1.42% with a trading volume of 102,800 lots and a transaction value of 58.218 million yuan [1] - Other notable performers include Laizitongling (603900) up 1.17%, Mankalon (300945) up 1.04%, and Laofengxiang (600612) up 1.01% [1] Capital Flow Analysis - The jewelry sector saw a net inflow of 45.9794 million yuan from main funds, while retail funds experienced a net outflow of 9.506 million yuan [2] - Main funds showed significant net inflows in stocks like Chaohongji (002345) with 21.8855 million yuan and China Gold (600916) with 16.5952 million yuan [3] - Conversely, stocks like Caizai Co. (605599) and Mingpai Jewelry (002574) experienced net outflows from main and retail funds [3]