Core Insights - Shanghai Low Altitude Economic Industry Development Co., Ltd. aims to establish an innovative ecosystem for the low-altitude industry this year, with a focus on creating the Shanghai Low Altitude Industry Fund to lead project investments [1][3] - The company plans to set up a standard system for low-altitude operations, spearheaded by the establishment of the Shanghai Low Altitude Economic Industry Standardization Technical Committee and the Low Altitude Economic Standard Innovation Alliance [1][4] - A key project includes the construction of the Minhang Low Altitude Testing Base in the Wujing area of Shanghai, which will focus on creating a collaborative environment for testing unmanned aerial vehicles [1][4] Company Overview - Shanghai Low Altitude Economic Industry Development Co., Ltd. was established in December 2024 with a registered capital of 900 million yuan, backed by several well-known state-owned enterprises in Shanghai [2] - The company is positioned as a functional state-owned enterprise platform that combines investment and technological innovation, focusing on building and operating the "four networks" of low-altitude operations [2] Strategic Initiatives - The company plans to create the Shanghai Low Altitude Economic Research Institute and the East China Low Altitude Economic Industry Alliance, forming a closed-loop operational system that integrates government, academia, research, industry, investment, and application [3] - The establishment of a city-level low-altitude flight service center is also a priority for the company this year [4] Testing and Development - The Minhang Low Altitude Testing Base is in the planning stage, designed to address the lack of standards in the low-altitude industry and to create a realistic testing environment for urban scenarios [4] - The company aims to collaborate with national testing facilities to provide various environmental conditions for testing [4] Market Potential - Shanghai has significant advantages for developing the low-altitude economy, including a concentration of 70% of aviation talent and over 50% of eVTOL companies originating from the city [5] - According to the "Shanghai Low Altitude Economic Industry High-Quality Development Action Plan," the goal is to establish a complete industrial system for low-altitude new aircraft by 2027, with a core industry scale exceeding 50 billion yuan [5]

Group 1 - Shanghai Low Altitude Economic Industry Development Co., Ltd. plans to establish a low-altitude industry innovation ecosystem this year, with a focus on creating the Shanghai Low Altitude Industry Fund to lead project investments [2][5] - The company aims to establish a standard system for low-altitude industries, initiating the Shanghai Low Altitude Economic Industry Standardization Technical Committee and the Low Altitude Economic Standard Innovation Alliance to promote the formation of Shanghai's low-altitude standards [2][6] - The company is planning to build a low-altitude testing base in the Wujing area of Minhang District, Shanghai, focusing on a collaborative approach involving "four networks" (infrastructure network, air network, flight route network, and service network) to create an unmanned testing environment [2][6] Group 2 - The Shanghai Low Altitude Industry Fund is set to be established within the year, with a registered capital of 900 million yuan, backed by well-known state-owned enterprises in Shanghai [4][5] - The company is positioned as a functional state-owned enterprise platform, responsible for building and operating the "four networks" of low-altitude infrastructure, including key facilities for low-altitude aircraft and main route navigation links [5] - By 2027, Shanghai aims to establish a complete industrial system for new low-altitude aircraft research, design, assembly, airworthiness testing, and commercial application, with a core industry scale exceeding 50 billion yuan [7]

Core Viewpoint - Shanghai Low Altitude Economic Industry Development Co., Ltd. aims to establish an innovative ecosystem for the low-altitude industry, with a focus on creating a low-altitude industry fund to lead project investments and developing a standard system for low-altitude economic activities [1][3]. Group 1: Company Overview - Shanghai Low Altitude Economic Industry Development Co., Ltd. was established in December 2024 with a registered capital of 900 million yuan, backed by prominent state-owned enterprises in Shanghai [3]. - The company is positioned as a functional state-owned enterprise platform that integrates investment and technological innovation, focusing on building and operating the "four networks" of low-altitude infrastructure [3]. Group 2: Key Initiatives - The company plans to establish the Shanghai Low Altitude Industry Fund to spearhead project investments and create a closed-loop operational system that integrates government, academia, research, industry, investment, and application [3]. - A standardization technical committee and an innovation consortium for low-altitude economic standards will be set up to address the lack of standards in the industry, aiming to develop local standards that can evolve into national standards [5]. Group 3: Testing and Development - The company is in the planning stages of constructing a low-altitude testing base in the Wujing area of Minhang District, focusing on creating a collaborative environment for testing various low-altitude technologies [4][5]. - The testing base will utilize real urban environments to facilitate testing under realistic conditions, which has garnered interest from multiple enterprises [5]. Group 4: Industry Advantages and Goals - Shanghai has significant advantages for developing the low-altitude economy, including a concentration of 70% of aviation talent and over 50% of eVTOL companies originating from the city [6]. - According to the "Shanghai Low Altitude Economic Industry High-Quality Development Action Plan," the goal is to establish a complete industrial system for new low-altitude aircraft by 2027, with a core industry scale exceeding 50 billion yuan [6].