On December 27th, Yihang Intelligence announced that it had signed a project cooperation agreement with the Management Committee of Weihai Torch High tech Industrial Development Zone in Shandong Province, China, to cooperate in the unmanned aerial vehicle industry. Based on the cooperation between the two parties, Yihang Intelligence and Weihai High tech Zone Cultural and Tourism Industry Investment Co., Ltd. have signed a purchase agreement for the first batch of 30 EH216-S electric vertical takeoff and landing (eVTOL) unmanned manned aircraft, and have received full payment for the order.