Core Insights - The low-altitude economy, officially included in national planning since 2021, is transitioning from a grand blueprint to practical applications, highlighted by the successful transportation flight of a domestic electric vertical takeoff and landing (eVTOL) aircraft [1][3] - The issuance of the Everbright National General Aviation Index Fund, with an initial investment of 10 million yuan, reflects confidence in the long-term potential of the low-altitude economy [1][9] Industry Developments - The successful test flight of the "Kairui O" eVTOL, which transported fresh fruits and emergency medical supplies to an offshore oil platform, marks a significant advancement in low-altitude logistics and showcases the integration of innovative aviation technology with real-world operational needs [3] - The 2025 International Low Altitude Economy Expo held in Shanghai featured nearly 300 exhibitors and showcased over 44 new products, emphasizing the diverse applications of low-altitude economy in various sectors such as tourism, agriculture, emergency rescue, and logistics [3][4] Government Initiatives - The National Development and Reform Commission (NDRC) has identified the promotion of high-quality development in the low-altitude economy as a key focus for the second half of the year, aiming to enhance domestic circulation and stimulate innovation in the digital economy [4] Economic Impact - The low-altitude economy is characterized as a complex industrial ecosystem that integrates high-end manufacturing and modern services, with the general aviation industry serving as its backbone [6] - The flight hours for general aviation in China have increased from 730,000 hours in 2015 to 1.28 million hours in 2023, reflecting a compound annual growth rate of 7.3%, indicating robust growth potential [6] - The multiplier effect of the low-altitude economy is significant, with the U.S. general aviation industry contributing a GDP multiplier of 1:10, suggesting that each new job in general aviation can create 12 additional jobs [7] Financial Collaboration - The collaboration between Everbright Group's fund, bank, and securities arms aims to enhance financial services for emerging industries, with the launch of the Everbright National General Aviation Index Fund representing a commitment to the low-altitude economy [9]