Dongguan Development (000828.SZ) plans to acquire a 65% stake in a low-altitude economy company.

Dongguan Development (000828.SZ) announced that the company plans to acquire a 65% equity stake in Dongguan Low-Altitude Economy Development Co., Ltd. (the "Low-Altitude Economy Company") held by Dongguan Communications Investment Holding Group Co., Ltd. (the "Communications Investment Group"), for a transaction price of RMB 6.0542 million. The company's related parties, Dongguan Rail Transit Group Co., Ltd., Dongguan Port Group Co., Ltd., and Dongguan Road and Bridge Investment Construction Co., Ltd., plan to simultaneously acquire 15%, 10%, and 10% equity stakes in the Low-Altitude Economy Company held by the Communications Investment Group. Upon completion of the transaction, the Low-Altitude Economy Company will be included in the company's consolidated financial statements. It is reported that the Low-Altitude Economy Company is the only state-owned platform in Dongguan primarily engaged in low-altitude economy operation services. Its business focuses on three major directions: low-altitude government services (G-end), flight services for transportation, logistics, insurance, and other (B-end) scenarios, and other extended services. In order to fully leverage the deep synergistic development between transportation infrastructure and diversified application scenarios and the low-altitude economy industry, and to actively position itself in strategic emerging industry tracks, the company established a low-altitude economy industry fund in August 2026, focusing on investments in the technology hardware industry chain involving drones and eVTOL complete vehicles. Through this acquisition of a controlling stake in the Low-Altitude Economy Company, the company will achieve a "fund + capital + comprehensive operation services" layout in the low-altitude economy industry ecosystem, which aligns with the company's medium- to long-term development strategy of main business transformation and upgrading, and is in the long-term interests of the company and all shareholders.