Wofei Changkong completes over RMB 100 million Series A financing

Wofei Changkong has completed a round A financing of over 100 million yuan, led by China Control Fund, followed by Yuanhe Yuandian, Honghua Aviation, and Kongtian Aoxiang. The financing will be used for the research and development and market expansion of AE200, promote the implementation of urban intelligent three-dimensional transportation scenarios, and promote the development of low-altitude economy. This round of financing was led by Gu Wenting, vice president of Geely Technology Group, indicating that Wofei Changkong will cooperate with more partners in the low-altitude field. China Control Fund will provide support for Wofei Changkong in research and development, airworthiness, etc.