Qiaoyin Holdings has established a new company, including intelligent unmanned aerial vehicle business.

According to the Qi Cha Cha app, recently, Hohhot Qiaofei Operation Management Co., Ltd. was established with a registered capital of 20 million yuan. Its business scope includes: sales of civil aviation materials; aviation operation support services; manufacturing and sales of intelligent unmanned aerial vehicles. According to the equity penetration displayed on Qi Cha Cha, the company is indirectly wholly owned by Qiaoyin Co., Ltd.