Faiwell Technology (301232.SZ) announced a plan to acquire 60% equity in Xi'an Chuanghang Precision Manufacturing Technology Co., Ltd. for RMB 43.2 million in cash. Xi'an Chuanghang specializes in high-precision machining of commercial aerospace valve assemblies and other components. Originally a global leader in wind power fasteners, Faiwell had already acquired 60% equity in Chengdu Xinshan Aerospace by end-2025, gaining metal 3D printing capabilities. The two acquisitions create a full-chain synergy: "Xinshan Aerospace's metal 3D printing near-net shaping → Xi'an Chuanghang's precision machining for finishing," enabling one-stop delivery of core components such as injectors and combustion chambers. In 2025, Faiwell's commercial aerospace segment generated only RMB 1.23 million in revenue (less than 1% of total), making this acquisition a forward-looking capacity positioning move.