Hongxin Technology (301539.SZ) signed a technology development contract and a component procurement contract with a leading flying car company in the domestic low-altitude economy.

Zhitong Finance APP News, Hongxin Technology (301539.SZ) announced that the company recently reached a friendly agreement with a leading domestic flying car company in the low-altitude economy (based on the confidentiality agreement between the two parties, the specific name of the customer is not disclosed), and agreed to cooperate on the development, manufacturing, testing, and delivery of certain vehicle models' stator main shell, folding propeller outer rotor shell, rigid propeller outer rotor shell, front and rear wheels, etc. The two parties signed a "Technical Development Contract" and a "Component Procurement Contract".