Aero Engine General Aviation Power Technology (Shanghai) Co., Ltd. announced that it has received funding on February 25, 2026. The transaction included participation from new investors, Shanghai International Group Assets Management Co., Ltd., Aero Engine Fund Management Co., Ltd., Huihua Fund Management Co., Ltd., Aero Engine Corporation of China, Suzhou Oriza Holdings Co., Ltd., Shanghai Electric Group Co., Ltd., China National South Aviation Industry Co., Ltd., AVIC (Chengdu) UAS Co., Ltd., Aerospace CH UAV Co., Ltd., and angel investors. The company issued convertible preferred stock during the transaction.
Avic Chengdu Uas Co Ltd is a China-based company primarily engaged in the scenario research, market development, product research and development, manufacturing, after-sales support, and operation services for unmanned aerial vehicle systems. The Company's main product is the Wing Loong series of unmanned aerial vehicle systems, which consist of an unmanned aerial vehicle platform, ground station, mission payload, and integrated support system. The Company is also engaged in the provision of unmanned aerial vehicle technical services, including flight test design, aircraft maintenance support, airfield support, and flight test implementation. The Company primarily conducts its businesses in domestic market.
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