Horizontal Group (688070.SH) wholly-owned subsidiary won the bid for a 1.06 billion yuan low-altitude digital economy project.

The Sina Finance app reported that Zongheng Shares (688070.SH) announced that its wholly-owned subsidiary, Chengdu Zongheng Dapeng UAV Technology Co., Ltd. (referred to as "Zongheng Dapeng"), recently received the winning notification for the "Smart Bazhong" low-altitude digital economy unmanned unattended system and supporting facilities construction project, with a winning bid amount of 106 million RMB.