Group 1 - Yunnan Province government has issued measures to support the healthy development of the low-altitude economy, including the creation of new low-altitude cultural tourism formats and the issuance of 20 million yuan in consumption vouchers annually to support activities like skydiving, low-altitude sightseeing, drone performances, and flight experiences [1] - According to Yuekai Securities, the low-altitude economy industry chain involves manufacturing, services, and consumption, with a solid industrial chain foundation in China. The low-altitude economy index is expected to outperform the market in 2024, maintaining a relatively high level in the first half of 2025 [1] - The low-altitude manufacturing sector in China has advantages in drone technology and promising developments in eVTOL. Infrastructure construction is accelerating under dual support from central and local governments, while the application and operation phase is crucial for establishing benchmark scenarios and pilot projects, particularly in cultural tourism and logistics [1] Group 2 - Galaxy Securities anticipates that 2025 will be the year of commercial application for the low-altitude economy, with accelerated construction of air traffic management systems and takeoff/landing sites [2] - A rail transit control system company has a technical foundation for extending into low-altitude airspace management and has launched low-altitude products such as flight control computers and air traffic management systems since 2024, achieving a breakthrough in low-altitude business [2]