Nanjing Chemical Fiber: "Asset Replacement" and "Employee Replacement" to be Implemented Simultaneously; Renaming May Be Considered After Restructuring is Completed | Direct Coverage of the Shareholders' Meeting

The management of Nanjing Chemical Fiber stated to reporters that the current business proportion of the target company, Nanjing Technology, focused on robotics is still relatively limited. However, since the beginning of this year, the target company has been actively promoting the layout planning in this field to lay the foundation for further business expansion. It should be noted that to achieve scaled growth in related businesses, it still requires an overall breakthrough in the commercialization process of the downstream robotics industry. As Nanjing Technology is a leading domestic manufacturer of ball screws, its products have already gained high recognition in the market. In the future, after achieving more technological advancements and industrialization in the robotics field, it is expected to open up new growth space for the company's performance