On Oct. 28 in a conference call, Guangqi Technology said it is advancing UAV R&D
and industrialisation. Under supervisory guidance, the company has recently
started business collaboration with a central state-owned enterprise to
accelerate UAV development and commercialization. The project has achieved stage
commercial progress and Guangqi plans to participate in client-led physical
verification. The company said it will continue to cooperate with the client on
follow-up work and aims to secure substantive progress for the UAV business as
soon as possible.
