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AVIC Science and Technology: Signed a technology development contract worth 90 million yuan
AVIC Industry Corporation Limited’s announcement: In order to strengthen efforts to tackle key core technologies for intelligent, electric unmanned aerial vehicle flight control, and to accelerate the development of flight control systems for fully tilt-rotor intelligent electric aircraft tailored for low-altitude industries, on March 27, 2026, the board of directors approved the company’s signing of a technical development contract with CITIC Group (AVIC) and Aviation Industry Automation Control Institute. The total amount of the technical development contract is RMB 90 million, of which the company and CITIC Group (AVIC) each contribute RMB 45 million.