Paita Precision announced on February 24 that the company has noticed recent media reports listing it as a robotics concept stock. The revenue related to this concept accounts for a very small proportion of the company’s total operating income, and the company has not yet achieved large-scale sales. Currently, the company’s main business is the research, development, production, and sales of compressor components and automotive parts, with no change in its main operations. The company’s shareholder, Hangzhou Zhonghu, plans to reduce its holdings by 4,043,512 shares, accounting for 2.00% of the total share capital, through centralized bidding and block trades from February 26, 2026, to May 25, 2026. The aforementioned share reduction plan has not yet been completed.
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Patek Precision: Revenue from the robotics business accounts for a very small proportion of the company's operating income
Paita Precision announced on February 24 that the company has noticed recent media reports listing it as a robotics concept stock. The revenue related to this concept accounts for a very small proportion of the company’s total operating income, and the company has not yet achieved large-scale sales. Currently, the company’s main business is the research, development, production, and sales of compressor components and automotive parts, with no change in its main operations. The company’s shareholder, Hangzhou Zhonghu, plans to reduce its holdings by 4,043,512 shares, accounting for 2.00% of the total share capital, through centralized bidding and block trades from February 26, 2026, to May 25, 2026. The aforementioned share reduction plan has not yet been completed.