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Feiwu Technology has recently made an announcement stating that the notion of commercial aerospace has been drawing considerable attention in the market. At present, the company's core business centers around the research and development, manufacturing, and marketing of high-strength fasteners tailored for the wind power industry. Meanwhile, Feiwu Technology is proactively venturing into new territories, expanding its fastener and component business into sectors such as aerospace, gas turbines, and petroleum equipment. It's worth noting that the company's foray into the commercial aerospace sector is still in its early days. Projections indicate that in 2025, revenue generated from this business segment will reach an estimated 1.23 million yuan (excluding the aviation sector), making up a mere 0.05% of the company's total revenue (unaudited figures).
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