MAJESTIC DRAGON (00918.HK): two-year drone supply framework
- The two-year flexible framework covers 15, 18, 20 and 22-inch drone systems with an estimated total purchase volume of 20,000 units.
- The framework value of RMB 131.5 million is an estimate.
NewTimeSpace News: On 9 November 2026, Majestic Dragon AeroTech Holdings Limited (Stock Code: 00918) announced voluntarily that its subsidiary SHANDONG LONGYI AVIATION TECHNOLOGY CO., LTD. signed a sales framework agreement with Shanghai Dexinyi Aviation Technology to supply unmanned aerial vehicle systems in 15-inch, 18-inch, 20-inch and 22-inch models.
The announcement shows the agreement sets a two-year flexible supply framework covering an estimated 20,000 units with a total framework value of RMB 131.5 million. The company said the arrangement is a milestone in expanding its aviation technology and commercial drone business, locking in volume to optimise production scheduling, scale economies and supply chain efficiency, and showing the competitiveness of its own drone products. Delivery schedules, payment terms and the buyer's background were not disclosed.
