Dacheng Lawyers Assist Xingsan Venture Capital Fund in Completing PreB+ Round Investment in Yufeng Future

Dacheng Law Offices recently assisted Xingsan Venture Capital Fund in completing its PreB+ round investment in Yufeng Future Flight Technology (Guangdong) Co., Ltd.

 

Founded in 2021, Yufeng Future is an innovative enterprise dedicated to urban air mobility and one of the leading domestic manufacturers of electric vertical take-off and landing (eVTOL) aircraft. Aligning with national initiatives to develop low-altitude economy as a new growth driver, the company follows a phased development roadmap: starting with small and medium-sized eVTOL aircraft, expanding to large cargo eVTOL products, and finally launching passenger-carrying models to gradually commercialize air cargo and passenger transportation services. Yufeng Future commits to developing safe, cost-effective, green and intelligent eVTOL aircraft, delivering comprehensive solutions for urban three-dimensional air mobility and realizing the vision of accessible air travel for all.

 

Xingsan Venture Capital Fund is managed by Xinding Capital, a well-known domestic investment institution. The fund focuses on the industrial chain of low-altitude economy and mainly invests in innovative technology enterprises in the eVTOL sector, covering investment stages from PreA to PreIPO. This investment in Yufeng Future represents a key layout of Xingsan Venture Capital Fund in the eVTOL track.

 

Acting as special legal counsel, Dacheng's team provided a full range of services including review and negotiation of transaction documents, as well as support for project closing, ensuring the smooth completion of the investment. The team's high-quality and efficient services have won wide recognition from all participating parties. The project team comprises Zhang Jianmin (Partner), Li Yang (Partner) and Zhu Mengze (Legal Assistant).

 

Drawing on rich experience in legal services for investment and financing in hard technology, new energy, artificial intelligence, commercial aerospace and high-end manufacturing sectors, Dacheng will keep improving the professionalism, accuracy and practicality of its legal services, support technological innovation and industrial development, and fuel the robust growth of the real economy.