The company, formerly known as Zhejiang Nanyang Technology Co., Ltd., is a limited company jointly initiated by natural persons Shao Yutian, Feng Xiaoyu, Feng Haibin, and Zheng Fayong, which was completely changed and established on the basis of the original Zhejiang Nanyang Electronic Film Co., Ltd., and registered with the Taizhou Administration for Industry and Commerce on November 23, 2006. The company is mainly engaged in two major business segments: drones and new materials. The main products include mature products, products under development, mission payloads and ancillary equipment, drone application services, advanced technology pre-research, and integration into the overall low-altitude economic development situation. Corporate honors: High-tech Enterprise Certificate; Zhejiang Famous Trademark Certificate; Top Ten Most Popular Brands in the Industry, National Science and Technology Progress Award, National Defense Science and Technology Progress Award, China Aeronautical Society Science and Technology Award, China Advanced Technology Transformation and Application Award, etc.