Following the A+ round of financing at the beginning of the year, Paypal Aerospace recently successfully completed the A++ round of financing of tens of millions of yuan. Old shareholders such as Shenzhen Hi-Tech Investment and Xingtie Fund continued to increase, and Huaxi Jinzhi, a private equity subsidiary of Huaxi Securities, also participated as a new investor. Piper Aerospace is deeply involved in the field of aerospace fluid power system R&D, design, manufacturing, assembly, inspection and delivery, and has provided fluid power system support for many liquid rocket models that have successfully entered orbit in China. This financing will focus on two core directions. One is to consolidate core system research and development and establish technical barriers, and the other is to comprehensively speed up production capacity construction and enhance large-scale delivery capabilities.

Following the A+ round of financing at the beginning of the year, Paypal Aerospace recently successfully completed the A++ round of financing of tens of millions of yuan. Old shareholders such as Shenzhen Hi-Tech Investment and Xingtie Fund continued to increase, and Huaxi Jinzhi, a private equity subsidiary of Huaxi Securities, also participated as a new investor. Piper Aerospace is deeply involved in the field of aerospace fluid power system R&D, design, manufacturing, assembly, inspection and delivery, and has provided fluid power system support for many liquid rocket models that have successfully entered orbit in China. This financing will focus on two core directions. One is to consolidate core system research and development and establish technical barriers, and the other is to comprehensively speed up production capacity construction and enhance large-scale delivery capabilities.