Zhejiang Jindun Fans (300411.SZ) has established a wholly-owned subsidiary to carry out the venturi tube project.

Zhejiang Jindun Fans (300411.SZ) announced that in order to continue promoting the research and development and subsequent industrialization of the "Impulse Propeller" project in multiple scenarios, with the approval of the general manager, it has agreed to use its own funds of RMB 10 million to establish a wholly-owned subsidiary, Zhejiang Hanyi Intelligent Impulse Technology Co., Ltd., and authorize relevant personnel to handle registration and other matters. The establishment of the wholly-owned subsidiary, Zhejiang Hanyi Intelligent Impulse Technology Co., Ltd., is a core strategic move for the company's layout in the low-altitude economy industry sector. The company has previously cooperated with Tsinghua University to develop the "Impulse Propeller" suitable for flying cars, industrial drones, high-end model aircraft, and other scenarios, and has made phased achievements through continuous research and development investment. The establishment of the wholly-owned subsidiary will seize the opportunity for the development of the low-altitude economy, integrate the advantages of listed company's technology, talents, market, and other resources, attract research and development forces and outstanding business teams, focus on the research and development, production, and sales of the "Impulse Propeller" series of products, laying a foundation for future commercialization.