During an institutional research session on November 9, Changyou Technology stated that its UAV business at the current stage centers on the R&D, manufacturing, and sales of fuselage structural components, leveraging its core strength in composite material molding to supply structural support components such as shells. Over the medium to long term, once the structural components business achieves stable delivery and customer demand is fully validated, the company will—taking into account market demand, cooperation progress, and the boundaries of its own capabilities—prudently assess the feasibility of final assembly integration and complete aircraft delivery. The company emphasized that the aforementioned plan represents only a directional discussion, and whether the complete aircraft business can be implemented, as well as its pace, remains subject to significant uncertainty.