China Aerospace Times Electronics to Invest 420 Million Yuan in UAV Base Expansion

MT Newswires Live

2025/05/26

China Aerospace Times Electronics (SHA:600879) subsidiary Aerospace Times Feihong will invest 420 million yuan in the second phase of its unmanned aerial vehicle (UAV) equipment industrial base in Yanqing, Beijing.

The 36-month project focuses on the construction of the needed capabilities for the research and production, testing and simulation tests of related series of unmanned systems, according to a May 24 filing with the Shanghai bourse.

The project includes a total additional construction area of 48,812 square meters and 22 sets of new process equipment.

Shares of the aerospace company rose 1% in recent trade.

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