Recently, Ningbo Shuzhi Transportation Technology Co., Ltd. underwent a significant transformation, with its enterprise name officially changing to Ningbo Low-Altitude Economic Development Co., Ltd. This shift came alongside a substantial increase in registered capital, soaring from 100 million yuan to 500 million yuan, representing a remarkable 400% growth. The expanded business portfolio now encompasses general aviation services, civil airport operations, aviation business services, sales of intelligent unmanned aerial vehicles, and artificial intelligence public data platforms, among other ventures.

Concurrently, the company has also undergone adjustments in its senior management team. Ningbo Low-Altitude Economic Development Co., Ltd. was established in July 2023, with He Liang serving as its legal representative. The company is wholly owned and controlled by Ningbo Transportation Investment Group Co., Ltd.