And our future R&D efforts will focus on optimizing the EH216 performance improvement and developing the long-haul eVTOLs and other aircraft for both passenger carry as well as . And that will include expenses on the R&D materials and our R&D team expansion, test flight, and airworthiness certification expenses.

Aug 22, 2024 / receipt, needs a key / Connor Yang, CFO | earnings call 2024-08-22 | transcript 448e2e52-4a0d-426c-a58f-cfeedf240417 | chars 36603-36916 | segment 37

In February this year, we reached a low-emission economic strategy cooperation with Guangxi Group, and will use the advantages of both sides in the field of smart manufacturing and electric travel products to cooperate. In April, we announced a strategic cooperation with G1 Jiyan to jointly develop the world's first E-Vito aircraft super fast charge, super fast charge battery.

May 20, 2024 / receipt, needs a key / Hua Zhihu, CEO | earnings call 2024-05-20 | transcript e37deecc-1272-468a-a042-eab311b05d53 | chars 5127-5506 | segment 5

In April this year, we joined Japan's advanced air traffic policy cooperation committee. In June, we successfully completed the Japanese-owned UAV Iwato's diving flight in Japan.

Aug 17, 2023 / receipt, needs a key / Xin Fang, COO | earnings call 2023-08-17 | transcript 184e6b19-0393-492f-b813-c5faf878771f | chars 14024-14202 | segment 14

The industry is the pioneer of the industry. is also a driver of the low-altitude flight industry. Under the red light background of the national comprehensive three-dimensional transportation network, we have seen a lot of good policies related to low-altitude economy in China this year.

May 31, 2023 / receipt, needs a key / Hua Zhihu, CEO | earnings call 2023-05-31 | transcript 409ce2ac-007f-4493-8667-29f47acc4c77 | chars 3587-3876 | segment 3

So far, the market analysis of Yihang 216S has come to an end and is in the stage of a comprehensive test. Its comprehensive test has also completed more than 90%. At the end of April, China is the pioneer of the industry. is also a driver of the low-altitude flight industry. Under the red light background of the national comprehensive three-dimensional transportation network, we have seen a lot of good policies related to low-altitude economy in China since this year.

May 31, 2023 / receipt, needs a key / Huang Zhihu, CEO | earnings call 2023-05-31 | transcript 409ce2ac-007f-4493-8667-29f47acc4c77 | chars 36793-37266 | segment 37

After the implementation of the anti-aircraft policy, we are very happy to see that the tourism industry in China has a strong recovery trend. A very prominent example is that according to data from the Chinese Culture and Tourism Department During the five-day holiday period, domestic tourism and travel have increased by 71% to 27.4 billion In the same period of 2019 before the epidemic, 119% This trend is very conducive to the low-cost tourism and tourism commercial market that we value So that potential customers have more funds and motivation to consider the growth of the planet at different points Because of the growing potential of the largest market, low-cost tourism has become an application scene for us to plan ahead of time after starting.

May 31, 2023 / receipt, needs a key / Xin Fang, COO | earnings call 2023-05-31 | transcript 409ce2ac-007f-4493-8667-29f47acc4c77 | chars 40928-41687 | segment 41

In the Asian and overseas markets, last year we actively developed markets such as Japan, Malaysia, Indonesia, Thailand, etc. A total of more than 200 pre-orders of YiHang216 series products have been received, and local partners have used low-air travel, diving traffic, logistics transportation, and other AAV application scenarios to carry out local test flights.

Mar 22, 2023 / receipt, needs a key / Hua Zhihu, CEO | earnings call 2023-03-22 | transcript 572932d5-e446-43e8-bbe5-48e875e357ed | chars 18301-18667 | segment 18

In Europe, in the fourth quarter of last year, we completed EHAM216's first flight in Spain under the EU's AMILED project to successfully verify the UAM concepts of operations. We also joined the EU SEMVA project to explore in-man aircraft system traffic management. In addition, we assisted the Spanish National Police to complete the E-126 maiden flight for their trial operations.

Mar 22, 2023 / receipt, needs a key / Nick Yang, other | earnings call 2023-03-22 | transcript 572932d5-e446-43e8-bbe5-48e875e357ed | chars 26073-26456 | segment 25

The increase was mainly driven by the non-cash item of additional proven provisions for receivables in response to the impact of COVID into customers, and more expenditure on aircraft conformity for EH216-S in its verification process for PEP certification, with reductions in travel and marketing expenses and professional service expenses, etc.

Mar 22, 2023 / receipt, needs a key / Richard Liu, CFO | earnings call 2023-03-22 | transcript 572932d5-e446-43e8-bbe5-48e875e357ed | chars 28916-29262 | segment 28

At the same time, we are very happy to see China has more and more new policies and new policies that continue to support and promote the development of urban air traffic and civilian unmanned aerial aviation. In August this year, the Chinese Civil Aviation Bureau released the Civilian Unmanned Aerial Aviation Development Roadmap 1.0, which clarifies the short-term and long-term development stages and goals of 2025, 2030, and 2035. The development of the new industry is pointed out the direction. At the same time, the Civil Aviation Bureau of China has also released the second batch of the newly added 7 civilian unmanned aerial test areas, plus the first batch of 13 test areas. Currently, China has a total of 20 test cities, and the policy has been implemented to 10 places. In the test area of the batch of goods, Yihang has received a lot of support from the local government and customers, actively building UNM operating test and flight bases and supporting basic facilities, and providing a large number of pre-order orders to bring air travel, air logistics, smart cities, and other multi-industry integration development, and provide groundwork for the operation and actual application of a line of AAV.

Dec 2, 2022 / receipt, needs a key / Huan Zhihu, CEO | earnings call 2022-12-02 | transcript e19f5290-60bc-4352-a04e-2a42931df275 | chars 48349-49569 | segment 49

In overseas, we have made good progress in the two key areas of Asia and Europe. Since this year, the market expansion in Japan, Malaysia, Indonesia, and Thailand in the Asia-Pacific region has worked well. With a total of 210 AAVs delivered in a year, we are the first Japanese customer to successfully complete a flight of 216 in Japan in three seasons. The aircraft has already flown through six cities in Japan, and has successfully demonstrated the application of AAVs such as aerial sightseeing, aerial travel, and self-flying logistics, and for the first time in Japan, we have used Vipo to fly from sea to sea and from point to point. In order to participate in the Japan-Basic Relationship Dispute in 2025, it has obtained a great opportunity to show off and establish a solid foundation for future expansion operations in Japan. In addition, Yihang has played an important role in many UAM projects in Europe and the United States. For example, in October, Yihang 26 successfully flew in Spain, effectively verified the concept of urban air traffic operation, and fully realized the goals of the AMU LED project. On November 11, Yihang joined the S-AMVA project of the European Aerospace Project. The project uses the European Earth's synchronized satellite navigation to strengthen the service system, providing Yihang 2L6 with accurate navigation in Europe, and thus supporting U-Space integrated airspace.

Dec 2, 2022 / receipt, needs a key / Xin Fang, COO | earnings call 2022-12-02 | transcript e19f5290-60bc-4352-a04e-2a42931df275 | chars 16361-17779 | segment 16

Since the first quarter of this year, like most Chinese companies, we have been facing pressures, challenges, and uncertainties due to the resurgence of the COVID-19 in China and the stricter travel restrictions.

May 31, 2022 / receipt, needs a key / Edward Wang, CEO | earnings call 2022-05-31 | transcript d90da065-c25c-480b-9331-dd8a9eb54d8b | chars 16628-16840 | segment 16