Core Insights - The company, 时的科技, has successfully completed a manned flight test of its self-developed eVTOL aircraft, E20, demonstrating significant progress in low-altitude flying technology [1][2] Company Developments - The E20 eVTOL has completed 1,000 test flights prior to the manned flight, showcasing the team's confidence in the aircraft's safety and performance [2] - The E20 features a streamlined design with a tilt-rotor configuration, capable of carrying five passengers, with a maximum speed of 320 km/h and a range of 200 km [2] - The company is constructing its first E20 eVTOL manufacturing base in Wuhu, covering an area of 70 acres, equipped with digital manufacturing and testing facilities, aiming for an annual production capacity of 200 units [2] Orders and Agreements - In 2023, the company secured a procurement intention agreement for 100 E20 units from China Minmetals Financial Leasing [2] - In July, the company received a procurement agreement from an Emirati firm, Autocraft, totaling $1 billion for 350 E20 units [2]