On June 16th, the regional headquarters project of the commercial airline company AEROFUGIA, a subsidiary of Geely Technology Group, was officially settled in Xiaoshan District. Mayor Yao Gaoyuan and President Li Shufu of Geely Holding Group witnessed the contract signing ceremony, and Sun Xudong and Ding Digang attended.  

The main construction contents of the Eastern China’s regional headquarters project of AEROFUGIA include a research and development center, a sales and supply chain center, an AE200 manufacturing and delivery center, and the headquarters office etc. Among them, the R & D center project will leverage the industrial advantages of Hangzhou and the Eastern China’s region in terms of artificial intelligence, electronic information, and automotive intelligent network to focus on the intelligent and centralized development of low-altitude aircraft and infrastructure, conduct the development and optimization of operation management systems, upgrading of human-computer interaction software and hardware, and the research and development of take-off and landing equipment and technology, so as to achieve efficient collaboration between upstream and downstream of the industrial chain and contribute to the high-quality development of low-altitude economy in Hangzhou.

This strategic contract signing represents a new breakthrough in the cooperation between the government and enterprises to facilitate the transition of China's low-altitude economy from individual innovation to cross-regional ecological co-construction.