Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Stay Pausing Investments

Chinese drone manufacturer

Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Stay Pausing Investments
The Company Statement
February 24, 2023

A Chinese drone manufacturer has denied it has any commercial dealings with Russia, following a report claiming it was negotiating with the country’s military over the mass production of “kamikaze” drones.

February 24, 2023China to sell Russia combat drones despite unveiling Ukraine peace proposal: reports
February 24, 2023China is in talks to supply Russia with 100 kamikaze drones
February 24, 2023Chinese drone manufacturer Xi'an Bingo Intelligent Aviation Technology has reportedly agreed to produce and test 100 ZT-180 prototype drones before delivering them to Russia by April 2023.
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