Aerospace Electric announced on November 4 that its Eighth Board of Directors' Ninth Extraordinary Meeting in 2026 deliberated and approved a proposal agreeing that wholly-owned subsidiary Shenzhen Aerospace Motor Systems Co., Ltd. will absorb and merge Shenzhen Smart Micro Motor Co., Ltd. This move aims to optimize the allocation of civil motor resources, reduce management costs, and promote the high-quality development of the motor industry. Upon completion of the merger, Aero-Electric Systems will continue to exist, with its name, registered capital, and equity structure unchanged, and will remain a wholly-owned subsidiary; Smart will cease to have an independent legal personality, and all of its assets, liabilities, business, and personnel will be inherited by Aero-Electric Systems in accordance with the law.