GAC-backed Zhejiang Gaoyu Sets Up Flying Car Unit with RMB 100 Million Registered Capital
Zhejiang Gaoyu Flying Car Manufacturing Co. , Ltd. , a new entity fully owned by GAC Group-invested Guangdong Gaoyu Technology Co. , has been established with a registered capital of RMB 100 million. The company will engage in auto parts, high-performance fiber composites, smart unmanned aerial vehicle manufacturing, and aviation equipment sales. Lin Guoqiang serves as its legal representative.
A new flying car manufacturing company backed by GAC Group has been established with a registered capital of RMB 100 million. Zhejiang Gaoyu Flying Car Manufacturing Co. , Ltd. was recently incorporated, with Lin Guoqiang serving as its legal representative. Its business scope covers auto parts and accessories manufacturing, high-performance fiber and composite material production, intelligent unmanned aerial vehicle manufacturing, and aviation transport equipment sales. Equity structure shows the company is wholly owned by Guangdong Gaoyu Technology Co. , which is in turn held by GAC Group.
Why this event matters
The event has a measured impact on 4 industrys. The strongest current signal is positive for New Energy Vehicles, with intensity 50/100 and 65% confidence over a medium term horizon.
New Energy Vehicles
- Direction
- positive
- Intensity
- 50
- Confidence
- 65%
- Horizon
- Medium term
Auto Parts
- Direction
- positive
- Intensity
- 40
- Confidence
- 70%
- Horizon
- Medium term
Aerospace Manufacturing
- Direction
- positive
- Intensity
- 45
- Confidence
- 60%
- Horizon
- Medium term
Robotics
- Direction
- positive
- Intensity
- 35
- Confidence
- 55%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.