Zhejiang Space-Time Aviation received an investment of 2 billion yuan.
Geely Holdings Group's commercial aerospace company Zhejiang SpaceTime Aerospace Technology Co., Ltd. announced today that the company has reached a strategic cooperation agreement with Zhejiang Jin Kong Investment Limited, Hangzhou State-owned Capital Investment Operation Limited, and Hangzhou High-Tech Investment Holding Group Limited. According to the strategic cooperation agreement, all parties will carry out project investment cooperation following the principle of "complementary advantages and mutual benefit", and work together to build a communication satellite highland. At the same time, the company has received a 2 billion yuan investment from Zhejiang New Energy Vehicle Industry Fund, which will be specifically used for the construction of the global headquarters project and the development of Geely Constellation's global business.
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