China Fortune Land Development (600340.SH) stated on its interactive platform that its subsidiary recently signed a strategic cooperation agreement with the leading industrial drone enterprise, Zhejiang KuBeit Creative Technology Co., Ltd. (hereinafter referred to as "KuBeit"), according to the company's public announcement. The aim is to assist KuBeit in landing investment projects in areas where the company is developing and constructing and attracting investments, and by leveraging the advantages of both parties, deepen the strategic cooperation mode to promote the development of low-altitude economy. Since 2017, the company has begun to layout the low-altitude economy industry in urban circles such as the environment in Beijing and Zhengzhou, making full use of the existing industry foundation to access the low-altitude economy sector in the industrial new city platform, cultivate and expand the low-altitude economy industry, actively explore the relevant scenario applications of low-altitude economy, accelerate the industrial accumulation and innovative application through the construction of parks, industry alliances, and strategic cooperation with circle-enterprises, and jointly promote the high-quality development of the low-altitude economy industry.