Recently, Ka Shui International Holdings Limited (Stock Code: 822) ("Ka Shui International"), a company listed on the Main Board of the Hong Kong Stock Exchange, received a flying car project order. In June 2024, Ka Shui Technology (Huizhou) Co., Ltd. ("Ka Shui Technology"), a subsidiary of the company, obtained an assignment notice for a flying car project from a leading domestic flying car manufacturer, confirming that Ka Shui Technology will supply magnesium alloy die-casting shell products to it. In addition, Ka Shui International together with a couple of leading companies in flying cars and new energy vehicles industries are jointly developing magnesium alloy electronic control and electric drive products.

As a reputable supplier of magnesium alloy new energy vehicle parts, Ka Shui International has provided one-stop R&D and production solutions for multiple domestically and internationally well-known brands in the past 40 years. With over 20 years of extensive experience in magnesium alloy die-casting, Ka Shui International has provided production services for automotive and communication product components to numerous internationally renowned brands. The company has now joined the "Low-altitude Economy " industry chain, and the rapid takeoff of the low-altitude economy will become new impetus to for the rapid development of the Group's new business.