Huawo Corporation: The company has identified the commercial aerospace sector as one of its key directions for future development.

Huawo Group stated on the interactive platform on December 2nd that its wholly-owned subsidiary, Ande Technology, is an important layout of Huawo Group in the aerospace sector. It is mainly engaged in the research, development, manufacturing, and sales of aviation technology equipment and aviation components. It has become a strategic cooperative supplier of a domestic aerospace mainframe factory and has established long-term stable cooperation relationships with several large domestic aerospace mainframe factories. Ande Technology has accumulated rich experience in the research and production of aviation tooling, aviation engine components, and other products in the aviation field, actively focusing on the development opportunities in emerging fields such as commercial spaceflight. Currently, the company has identified the commercial spaceflight field as one of its future key development directions, actively promoting related strategic layouts and business negotiations, focusing on the field of aerospace rocket body structural components, engine components, and other products, relying on existing aviation technology advantages and production capacity to achieve synergistic expansion of business. At present, Ande Technology has initiated technical and business communications with relevant customers in order to promote the landing of subsequent orders. It should be noted that the company's commercial spaceflight business is still in its early stages and belongs to strategic layout, with a relatively small impact on the overall performance of the company at present. At the same time, the development of this business is influenced by multiple uncertain factors such as technological breakthroughs, market acceptance, return on research and development investment, and industry policies, which may involve risks of initial investment losses and unexpected delays in new product development.