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

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

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