LYC Successfully Enters the Low-Altitude Economy Track

With the rapid development of the "low-altitude economy," flying cars are transitioning from concept to reality. Amidst this wave of innovation, LYC—a powerhouse of "hardcore manufacturing" hailing from Luoyang—has successfully secured a foothold in this core sector. The company has established a partnership with a renowned domestic technology firm in the low-altitude economy space, becoming the exclusive supplier of highly complex rotor bearings for the latter's flying car products.

As a critical component of flying cars, rotor bearings must achieve extreme lightweighting while simultaneously meeting aviation-grade strength standards. Furthermore, they must be capable of withstanding multiple complex loads—including radial, axial, and overturning moments—generated during the 0-to-90-degree tilting process; consequently, the technical barriers to entry are exceptionally high. Confronted with this challenge, LYC Precision swiftly mobilized an elite R&D team to undertake a dedicated technical breakthrough initiative. Leveraging its deep technical expertise and customized solutions, the company quickly won the client's recognition and successfully integrated itself into their core supply chain.

LYC Precision is a National High-Tech Enterprise dedicated to the R&D and manufacturing of high-precision bearings. It is also recognized as a "Specialized, Refined, Special, and New" (or "Little Giant") SME—a designation for highly specialized and innovative small and medium-sized enterprises. For years, the company has served sectors such as aerospace, high-end medical equipment (e.g., industrial CT scanners), precision machine tools, and emerging low-altitude aircraft, with its products renowned for their exceptional precision and high performance.

Since its inception, the company has remained steadfastly driven by innovation, investing approximately 7% of its annual revenue into R&D and securing over 30 national patents to date. It has accumulated extensive experience in specialized niches—including precision spindle bearings, bearings for medical devices, and bearings for radar and launch turntables—thereby laying a solid foundation for expanding into new markets. This robust technical prowess is now translating into impressive market performance. In 2025, the company's revenue surpassed 26 million RMB, marking a 22% year-on-year increase. Sales for the first quarter of 2026 are projected to reach 8 million RMB—a surge of over 80% compared to the previous year—while its backlog of orders stands at a staggering 15 million RMB, up more than 103% year-on-year, demonstrating a thriving business environment characterized by booming production and sales.

Looking ahead, LYC Precision will continue to focus on resolving "bottleneck" technical challenges within the high-end bearing sector. The company aims to accelerate the upgrading of its product portfolio toward higher-end, precision-engineered, and intelligent solutions, thereby leveraging independent innovation to facilitate the localization of core components for my country's high-end equipment industry.