On January 11-12 ,2019. “MMC 2018 Annual Report Conference” was held in Zhaoqing, Guangdong. As Lu Zhihui, Chairman and General Manager of MMC announced at the meeting: MMC’s 2018 annual sales reached a new high in the first three quarters which has exceeded 100 million, and the company’s current valuation is over 2.5 billion yuan”
According to the official data of the company, The revenue of 2018 increased by 300% year-on-year. The performance of the business in power, public security, fire protection and petrochemical industriesincreased most significantly. The annual investment in R&D of UAV exceeded 40 million yuan with a year-on-year increase of 200%.
As the leading brand of industrial drones, MMC’s output value has been the industry leader.The drone firm has rapidly emerged with the development of industrial UAV industry in recent years. Since 2014, its annual performance has increased by 3 times, and sales value have been realized from 440,000 RMB in just four years. which is mainly due to the efforts and innovation in the industry chain ecology, drone operation services and global market layout.