飞沃科技(301232.SZ):在商业航天领域的业务目前处于初始阶段

Core Viewpoint - Feiwo Technology (301232.SZ) has completed the acquisition of 60% of Sichuan Guanghe Space Technology Co., Ltd. for a valuation of 53 million yuan, with an investment of 31.8 million yuan [1] Group 1: Acquisition Details - The acquisition was finalized on January 22, 2026, and Sichuan Guanghe Space Technology specializes in the research and production of rocket body structural components [1] - The main products include metal fairings and segments for commercial rockets, with core clients being several domestic commercial rocket companies [1] Group 2: Financial Performance - In 2025, Sichuan Guanghe Space Technology reported a revenue of 4.7792 million yuan but incurred a net loss of 1.5220 million yuan, indicating it is still in the early stages of development [1] - The contribution of this acquisition to Feiwo Technology's overall performance is currently very limited [1] Group 3: Business Focus - Feiwo Technology's primary business remains the research, production, and sales of high-strength fasteners for wind power [1] - The company is actively expanding into fasteners and components for aerospace, gas turbines, and oil equipment [1] - The commercial aerospace segment is still in its initial phase, with projected revenue of approximately 1.23 million yuan in 2025, accounting for only 0.05% of total revenue (unaudited) [1]