Dongguan Holdings to Buy 65% of Low-Altitude Economy Firm for 6.05M Yuan

This is a related-party asset transfer, not an open-market transaction: the seller is the controlling shareholder, so the price and the target's valuation carry limited independent signal. The strategic substance sits in the exclusive airspace rights, a scarce regulatory asset that gives the listed vehicle a foothold in low-altitude operations without building one. Whether that right converts into a commercial business, and how the stake is priced relative to any disclosed financials of the target, is the open question.