Shanghai Teyi Leading Intelligent Technology Co., Ltd. invests in electric drone R&D project

Shanghai Teyi Leading Intelligent Technology Co., Ltd. will invest in the construction of an electric drone R&D project in Yuxin Town, Nanhu District, Jiaxing City. Relying on the advantages of Tongji University's aerospace major, the project will build a high-end drone and parts production base to engage in the R&D and sales of eVTOL. The project is expected to have an annual output value of no less than 500 million yuan after reaching full production.