QINGDAO, May 20 - Mr. Cheng Dezhi, Member of the Standing Committee of the Qingdao Municipal Committee of Shandong Province, Secretary of the Political and Legal Affairs Commission, and Head of the Qingdao Low-Altitude Economy Industry Task Force, met with Mr. Eric Rousseau, Chairman and CEO of France's Pinette Group, at the Central Legal Business District. The meeting was followed by a signing ceremony between Pinette Group and Natian Aviation Technology Development (Qingdao) Co., Ltd.

The newly signed project will focus on establishing a composites R&D center and a high-end manufacturing equipment base, as well as building a global supply assurance and service system for composite equipment and products - all centered around new low-altitude materials development and high-end equipment manufacturing.

This marks the first foreign-invested project to be introduced and established in Qingdao's low-altitude economy industry in recent years, representing a significant practice of pragmatic France-China aviation cooperation.

With a rich history spanning over a century, Pinette Group is a global leader in industrial equipment engineering and manufacturing and ranks among the world's largest industrial groups. The company provides design services and supplies forming and testing equipment, automated production lines, custom engineering machinery, and turnkey factories. Backed by a solid international presence, Pinette has served a wide range of industries including aviation, aerospace, marine, energy, defense, transportation, infrastructure, healthcare, and the circular economy.

About Pinette Group

Headquartered in France, Pinette Group is a century-old global industrial leader specializing in industrial equipment engineering, composite solutions, and automated manufacturing systems.

About Natian Aviation Technology Development (Qingdao) Co., Ltd.

Natian Aviation is a Qingdao-based company focused on technological development in aviation and low-altitude economy applications.