Core Viewpoint - Zhongke Xingtu has successfully won a bid for the "Hanzhong Low-altitude Economic Digital Infrastructure and Supporting Scenario Construction Project" with a bid amount of approximately 295 million yuan, marking a significant expansion in the low-altitude economy sector and reflecting a shift from policy-driven to technology-driven development in China's low-altitude economy industry [2][3][4]. Group 1: Project Overview - The project has a total investment of 299.95 million yuan and a planned construction period of 1,095 days (three years), with funding sourced from various channels including special bonds, long-term special treasury bonds, central budget investments, policy financial tools, bank loans, and corporate self-raised funds [3]. - The project includes the construction of low-altitude flight infrastructure, route development, flight service operations, and the establishment of a digital twin platform, aiming to create a comprehensive "air-ground" integrated network covering nine counties and two districts in Hanzhong [3][4]. Group 2: Company Strategy and Financial Performance - Zhongke Xingtu's low-altitude strategy is encapsulated in its "1+2+N+M" framework, which emphasizes the use of digital twin technology and aims to empower multiple industry scenarios through demonstration projects in various cities [4]. - The company's financial results indicate a positive impact from its low-altitude projects, with a reported revenue of 2.208 billion yuan for the first three quarters of 2025, a year-on-year increase of 10.02%, and a net profit of 146 million yuan, reflecting a growth of 0.54% [4]. Group 3: National Expansion and Market Position - Since 2025, Zhongke Xingtu has expanded its low-altitude economic initiatives across nearly twenty cities, establishing a market presence that includes offline contracts in almost twenty cities and online services in over sixty cities [6]. - The company's differentiated approach to regional needs has allowed it to effectively integrate low-altitude infrastructure with urban governance, enhancing safety and generating economic benefits [6]. Group 4: Industry Transformation - The low-altitude economy is transitioning from being policy-driven to technology-driven, with Zhongke Xingtu's comprehensive product system and collaborative ecosystem providing pathways for systematic implementation [7]. - The establishment of integrated infrastructure in the Hanzhong project requires the integration of advanced technologies such as satellite communication and AI, positioning Zhongke Xingtu as a key player in the evolving low-altitude economy market, which is projected to exceed one trillion yuan [7].