Zongheng Corporation invests to establish a drone technology company

According to the Qichacha APP, Fujian Zongheng Unmanned Aerial Vehicle Technology Co., Ltd. was recently established, with Wang Chen as the legal representative and a registered capital of 10 million yuan. Its business scope includes the manufacturing of intelligent unmanned aerial vehicles; Manufacturing of specialized instruments for navigation, surveying, meteorology, and oceanography; Sales of intelligent unmanned aerial vehicles; Sales of security equipment; Sales of intelligent robots; Satellite remote sensing data processing, etc. Qichacha's equity penetration shows that the company is indirectly wholly owned by Zongheng Shares.