According to the Civil Aviation Law, the state has complete and exclusive sovereignty over the airspace above its territory.
We made critical contributions of our technological expertise and know-how.
Within the warranty period, customers are entitled to free on-site repair and maintenance services, while costs for accessories and maintenance fees beyond the warranty will be charged separately.
In addition, we might face difficulties or delays in the development process, which may result in losses in our market share and competitive advantages.
We envision that, in the foreseeable future, fast, efficient and door-to-door public air transportation within and between cities will become a reality.
As of December 31, 2020, we have acquired a large number of patents related to Autonomous Aerial Vehicles.
This is who we are.
Any of these factors could have a material adverse effect on our business, prospects, financial condition and results of operations.