Yingbor: Establishing eVTOL Joint Venture Company with Ehang Intelligent

On January 8th, Jinshi Data reported that Yingbo announced that the company plans to jointly establish a joint venture with EHang Intelligent, with a total investment of 10 million yuan. Yingbo will contribute 6 million yuan, holding 60% of the shares, while EHang Intelligent will contribute 4 million yuan, holding 40% of the shares. The joint venture will focus on in-depth cooperation in the production and manufacturing of eVTOL products and the upstream component industry chain, responsible for the production of various processes and components before the final assembly of EHang Intelligent’s eVTOL, as well as process optimization and technological transformation of EHang Intelligent’s Yunfu factory and other production bases. This external investment is conducive to implementing the company’s development strategy and further enhancing the company’s overall competitiveness.