China Telecom and others have established a low-altitude quantum network technology development company in Tianjin with a registered capital of 10 million.

Tianyancha's business information shows that recently, Tianjin Urban Investment Low Altitude Quantum Network Technology Development Co., Ltd. was established, with Wang Baokui as the legal representative. The registered capital is 10 million RMB, and the business scope includes sales of intelligent unmanned aerial vehicles, 5G communication technology services, data processing and storage support services, internet data services, communication equipment sales, artificial intelligence industry application system integration services, information system integration services, network and information security software development, etc. Shareholder information shows that the company is held 51% by Tianjin Low Altitude Economic Investment Development Co., Ltd. and 49% by China Telecommunications Unmanned Technology Co., Ltd.