{
  "@context": "https://schema.org",
  "@type": "FinancialProduct",
  "registryType": "xrpl-rwa-asset",
  "symbol": "HAT",
  "name": "Hanyu Aerospace",
  "network": "XRP Ledger",
  "currencyCode": "HAT",
  "issuerAccount": "rKVBRCYxHx674PfsnZPbznmNuoJyQk4ALG",
  "ammAccount": "rHqn3M9JT3SFfKXSiGZjQxiQK71k5ZLmCw",
  "quoteAsset": "USD",
  "category": "Tokenized Private Equity",
  "subClass": "SPV Participation Units",
  "issuer": {
    "slug": "zao-yu-ren",
    "name": "Zao Yu Ren",
    "type": "Private market SPV operator",
    "website": "https://zaoyuren.com/",
    "html": "https://dexlocate.com/issuer/zao-yu-ren"
  },
  "description": "Hanyu Aerospace Technology is a private aerospace technology company focused on aerospace electronics, avionics, autonomous flight systems, satellite technologies, advanced manufacturing solutions, and aerospace engineering.",
  "assetThesis": "Hanyu Aerospace builds engineering capabilities for commercial aerospace, space systems, unmanned systems, industrial automation, and advanced manufacturing customers.",
  "whatItDoes": "Hanyu Aerospace develops flight computers, mission processors, navigation modules, data acquisition systems, aerospace networking, embedded control platforms, satellite electronics, onboard computing, communications hardware, flight control software, sensor fusion platforms, and intelligent mission management systems.",
  "businessModel": "Hanyu Aerospace can generate revenue through aerospace electronics products, avionics systems, satellite technology, autonomous flight platforms, engineering services, manufacturing validation, systems integration, and long-term customer programs across aerospace, space, autonomous systems, and advanced manufacturing.",
  "structure": "Zao Yu Ren Holdings Limited manages its Hanyu Aerospace investment exposure through ZYR Hanyu SPV. HAT tokenizes participation in that SPV on the XRP Ledger. Hanyu Aerospace Technology Co., Ltd. remains the operating company, while Zao Yu Ren and the SPV manage tokenization, investor communications, legal documentation, transfer procedures, records, and related administration. The structure uses a $108,000,000 company valuation, 4.5% represented exposure, and a $4,860,000 tokenized allocation represented by 1,620,000 HAT at a $3.00 launch price.",
  "whySpecial": "Hanyu Aerospace operates in aerospace systems engineering, a category where reliable electronics, autonomous flight, satellite systems, and manufacturing validation are critical to safety, performance, and program execution. Its work connects aviation, space technology, unmanned systems, industrial automation, and advanced manufacturing.",
  "sectors": [
    "Aerospace electronics",
    "Avionics",
    "Satellite systems",
    "Autonomous flight",
    "Advanced manufacturing"
  ],
  "highlights": [
    "Private aerospace technology company focused on avionics, satellite systems, and autonomous flight",
    "SPV participation structure managed by Zao Yu Ren Holdings",
    "Exposure to aerospace electronics, space systems, advanced manufacturing, and autonomous technologies"
  ],
  "tokenomics": {
    "valuation": 108000000,
    "tokenizedPercent": 4.5,
    "tokenizedValue": 4860000,
    "launchPrice": 3,
    "launchSize": 1620000
  },
  "links": {
    "html": "https://dexlocate.com/token/HAT",
    "json": "https://dexlocate.com/registry/assets/HAT.json",
    "website": "https://hanyuaerospace.com/",
    "issuerPage": "https://hanyu.zaoyuren.com/",
    "disclosure": "https://hanyuaerospace.com/tokenization/",
    "xrpl": "https://livenet.xrpl.org/token/HAT.rKVBRCYxHx674PfsnZPbznmNuoJyQk4ALG",
    "trade": "https://trensik.com/trade/xrpl:issued:HAT:rKVBRCYxHx674PfsnZPbznmNuoJyQk4ALG",
    "logo": "https://hanyuaerospace.com/assets/favicon.png"
  },
  "lastRegistryUpdate": "2026-06-27"
}