Group 1 - Shanghai-based low-altitude economy company Volant Aviation signed a tripartite cooperation agreement with Pan Pacific and China Aviation Technology International Engineering Company, involving the procurement of 500 VE25-100 eVTOLs for short-distance transportation and emergency rescue services in Thailand and the Maldives, with a total order value of $1.75 billion, marking the largest international order for high-grade passenger eVTOLs in China to date [2] - The 2025 International Low Altitude Economy Expo and Shanghai Low Altitude Economy Industry Innovation Conference saw the launch of two significant platforms: the "East China (including the Yangtze River Delta) Low Altitude Economy Industry Alliance" and the establishment of a joint construction entity for the Shanghai eVTOL large-scale assembly manufacturing base [4] - The East China Low Altitude Economy Innovation and Development Summit Forum announced the commencement of the "Shanghai Low Altitude Economy Characteristic Park and East China Drone Base" project, focusing on attracting leading enterprises in eVTOL, industrial-grade drones, and new energy aviation aircraft, supported by low-altitude infrastructure and airworthiness testing standards [5] Group 2 - The Shanghai Jinshan East China Drone Base aims to create a national-level comprehensive demonstration zone for the low-altitude economy, having established two commercial systems: coastal low-altitude cargo transport and intercity passenger operations in the Yangtze River Delta, with a total approved low-altitude airspace of 1,370 square kilometers [6] - The base has completed 41 signed projects with a total contract value of approximately $5.08 billion, covering various fields including eVTOL research and development, airworthiness certification, and operational projects [6]