AVIAGE was officially awarded the title of "Shanghai Foreign funded R&D Center" by Shanghai Municipal Commission of Commerce. This honor not only represents further recognition of AVIAGE 's technological innovation strength in the field of civil aviation, but also demonstrates its solid steps in promoting sustainable development and technological progress in the aviation industry.

Foreign-funded R&D center refers to an institution that is wholly or partially invested by foreign investors whose main business is abroad, established in China in accordance with Chinese laws, and whose business scope includes conducting research and experimental development in the fields of natural sciences and related technologies (including intermediate experiments serving R&D activities). Foreign-funded R&D center include R&D innovation centers and open innovation platforms. Foreign funded research and development centers are one of the key areas for foreign investment and an important component of China's scientific and technological innovation research and development system. In 2020, Shanghai issued the "Regulations on Encouraging the Establishment and Development of Foreign funded R&D Centers in Shanghai" to optimize the science and technology innovation ecosystem. Last September, the State Council issued the "Opinions on Further Optimizing the Foreign Investment Environment and Increasing the Efforts to Attract Foreign Investment", proposing 24 policy measures to stabilize foreign investment, further optimizing the foreign investment environment and increasing the efforts to attract foreign investment.

AVIAGE has always adhered to innovation as the driving force, with a global R&D team, cutting-edge industry technology and capabilities, and deep and mature R&D experience. It is committed to providing safer, smarter and more environmentally friendly avionics systems and flight control solutions for China's civil aviation and emerging low altitude aviation fields, and helping promote the sustainable development of green aviation.

This recognition as the "Shanghai Foreign funded R&D Center" not only brings policy support and R&D resources to the company, but also accelerates the innovation and iteration of products and technologies and enhances its core competitiveness. At the same time, the qualification as a foreign-funded research and development center will enhance the company's influence in the global market and create more development opportunities.