Sichuan Jiuzhou subsidiary forms low-altitude economy fund, parent reduces capital

Sichuan Jiuzhou Electronic's controlling subsidiary, Sichuan Jiuzhou Air Traffic Control Technology Co., Ltd., will co-establish the Sichuan Jiuzhou Low-Altitude Economic Equity Investment Fund Partnership (Limited Partnership) with a total size of 50.01 million yuan. Jiuzhou Air Traffic Control will contribute 25 million yuan, representing 49.99% of the fund. Other partners include Sichuan Jiuzhou Investment Holdings Group Co., Ltd. and Jiuzhou Junhe Private Equity Fund Management Co., Ltd. The fund aims to capitalize on the growing low-altitude economy by investing in sectors such as detection, airworthiness testing, and control systems.

In a separate development, Sichuan Jiuzhou Electronic also announced a reduction in its registered capital from 1,022,806,646 yuan to 1,016,324,759 yuan. This was achieved through the cancellation of 6,481,887 repurchased shares. The repurchase, totaling 100,173,246.23 yuan, was completed by October 9, 2025. The company concurrently approved the appointment of Mr. Luo Laisuo as deputy general manager and board secretary.