FIYTA(SZ:000026)2025-06-13 14:20Group 1: Company Overview and Market Position - The domestic watch market is currently facing short-term pressure, but the company's watch business remains relatively stable compared to the overall industry situation [2] - The company holds an optimistic long-term outlook for the watch industry, supported by the long-term development of the national economy [2] Group 2: Precision Technology Business and Acquisition Plans - The company's precision technology business primarily involves precision components for lasers and optical communications, with a small revenue scale [2] - The acquisition of Chang Kong Gear aims to enhance the company's technical strength and core capabilities in the precision gear and reducer industry [2][3] - Chang Kong Gear is recognized as a leading enterprise in the small modulus gear sector, with its main products being precision gears and reducers, applicable in aerospace and high-end equipment [2][4] Group 3: Strategic Focus and Future Directions - The company will continue to prioritize its watch business while also accelerating the development of precision technology and smart wearable industries [5] - The acquisition of Chang Kong Gear is a strategic market-driven action supported by major shareholders, with no other undisclosed acquisition plans at this time [6] - The company emphasizes the importance of high-quality development in its future strategies [5] Group 4: Risk Disclosure - The completion of the acquisition of Chang Kong Gear is subject to uncertainties, and the company will fulfill its decision-making and disclosure obligations based on the progress of the acquisition [6] - The investor relations activity did not involve any undisclosed significant information [7]