Dongguan Development (Holdings) Co., Ltd. (000828.SZ) has announced plans to acquire a 65% equity interest in Dongguan Low-Altitude Economy Development Co., Ltd. from Dongguan Transport Investment Holding Group Co., Ltd., with the transaction valued at 6.0542 million yuan.

In a coordinated move, related parties including Dongguan Rail Transit Bus Group Co., Ltd., Dongguan Port Group Co., Ltd., and Dongguan Road and Bridge Investment Construction Co., Ltd. will respectively purchase 15%, 10%, and 10% stakes in the low-altitude economy firm from the same seller. Following the completion of these transactions, the target company will be consolidated into Dongguan Development's financial statements.

The low-altitude economy company stands as the only state-owned platform in Dongguan focused primarily on low-altitude economic operations and services. Its business spans three key areas: low-altitude government services for the public sector, flight operations for commercial clients in transportation, logistics, and insurance, alongside other value-added services.

To leverage the deep synergies between its transportation infrastructure and diverse application scenarios with the low-altitude economy sector, while actively pursuing strategic emerging industry opportunities, the company established a low-altitude economy industry fund in August 2026. This fund targets investments in the technology hardware supply chain related to drones and eVTOL aircraft manufacturing.

By securing controlling interest in the low-altitude economy company, Dongguan Development is executing a strategy that combines fund investment, capital deployment, and integrated operational services to build a comprehensive low-altitude economy ecosystem. This acquisition aligns with the company's mid-to-long-term transformation roadmap for its core business and serves the long-term interests of both the company and its shareholders.