Shanghai Lanyi Aviation Technology Co., Ltd. announced that it has received tens of millions in an angel round of funding led by new investor Hefei Baohe Government Fund on May 31, 2024. The transaction included the participation from new investors Dening Capital, Pingtan Lanhai Huateng Investment Co., Ltd., Shenzhen V&T Technologies Co., Ltd., Xi'an Boyishang Enterprise Management Partnership and other individual investors.