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Feiwuo Technology (301232.SZ) has disclosed that the cumulative rise in its stock's closing price over two successive trading days has surpassed 30%, signaling abnormal volatility. Presently, the company's commercial aerospace sector is still in its nascent phase. In 2025, the revenue generated from this business segment stood at roughly RMB 1.23 million, constituting a mere 0.05% of the total revenue (unaudited figures). On December 30, 2025, Feiwuo Technology successfully concluded the acquisition of a 60% equity stake in Xinshan Aerospace. Xinshan Aerospace is primarily engaged in offering metal 3D printing services, encompassing the production of components for liquid rocket engines. Among its key clients is Beijing Tianbing Technology. In 2025, Xinshan Aerospace's revenue from the commercial aerospace business reached approximately RMB 10.81 million.
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