FIYTA(SZ:000026)2025-06-06 09:36Group 1: Company Overview and Market Position - The company's watch business is relatively stable compared to the overall industry, with optimism for future development based on long-term economic growth [2] - The precision technology business currently focuses on laser and optical communication components, with a small revenue share [2][3] Group 2: Acquisition of Chang Kong Gear - The acquisition of Chang Kong Gear aims to enhance the company's technical strength and core capabilities in precision components, particularly precision gears and reducers [3][4] - Chang Kong Gear is recognized as a leading enterprise in the small modulus gear sector, with its products applied in aerospace and high-end equipment [4] Group 3: Strategic Focus and Future Plans - The company will continue to prioritize its watch business while accelerating the development of precision technology and smart wearable industries [6] - There are no immediate plans for additional acquisitions beyond the Chang Kong Gear purchase, which is seen as a strategic move supported by major shareholders [8] Group 4: Market Challenges and Opportunities - The domestic watch market faces short-term pressures, but the company is enhancing operational efficiency through product, channel, and marketing strategies [2] - The precision technology sector is identified as a key area for transformation and upgrading, with a focus on higher technical levels [5]