Group 1 - The implementation of the "Private Economy Promotion Law" supports private enterprises in participating in national strategic projects and encourages investment in emerging industries and technological upgrades [1][2] - As of April this year, China has cultivated 605,000 technology and innovation-oriented SMEs and over 490,000 high-tech enterprises, with private enterprises accounting for over 92% of national high-tech enterprises [2] - The law aims to alleviate financial pressures on private enterprises by providing funding support and facilitating access to major projects and technology research initiatives [2][3] Group 2 - The law encourages private enterprises to strengthen foundational and cutting-edge research, develop key technologies, and promote the integration of technological and industrial innovation [3] - Companies like Zhongzi Technology and Zongheng Co. are significantly increasing their R&D investments, with Zhongzi's R&D expenditure reaching 110 million yuan in 2024, a 26.13% increase, and Zongheng's R&D investment at 92.44 million yuan, a 27.22% increase [3][4] - Zongheng Co. is focusing on transforming its drone technology towards a tool-based and platform-based model, integrating AI and cloud platforms to enhance efficiency in various applications [4] Group 3 - Hai Liang Co., a leader in the copper processing industry, emphasizes the importance of technological innovation for strategic upgrades and seeks government support for industry-academia collaboration [4][5] - The company has developed an "order class" model for training blue-collar workers and technical personnel, highlighting the need for government-led initiatives to facilitate industry-wide cooperation in talent development [4]

Core Viewpoint - The consumer drone market in China is experiencing robust growth, driven by rising living standards, increased entertainment demand, and government support, with market size expected to reach 48.899 billion yuan in 2024, a year-on-year increase of 20.0% [1][12]. Group 1: Industry Overview - China is one of the largest drone markets globally, with the consumer drone segment showing significant development [12]. - Consumer drones are designed for personal use, featuring lightweight, easy operation, and relatively low prices, catering to ordinary consumers' needs [3]. - The government has implemented various policies to encourage the development and application of consumer drone technology while enhancing flight regulation for safety and privacy [1][12]. Group 2: Market Size and Growth - The consumer drone market in China is projected to grow to 58.678 billion yuan by 2025 [1][12]. - The flight control system market in China is also expanding, with a projected growth from 314 million yuan in 2021 to 521 million yuan in 2024, reflecting a compound annual growth rate of 18.4% [10]. Group 3: Investment Trends - The investment landscape in the consumer drone sector is active, with the number of investments reaching 6 by April 2025, totaling 800 million yuan, surpassing the total investment amount for 2024 [14]. Group 4: Competitive Landscape - The consumer drone market is characterized by a stable competitive landscape, with leading companies like DJI and EHang dominating the high-end market, while the mid-to-low-end market remains fragmented [15][18]. Group 5: Industry Trends - Technological innovation is driving the industry forward, with advancements in AI, big data, and cloud computing enhancing the intelligence of consumer drones [21]. - Miniaturization is a key trend, as consumer demand for lightweight and portable drones increases [22]. - The industry is expected to see accelerated mergers and acquisitions as competition intensifies and prices decline, with average prices dropping from 5,000 yuan in 2019 to 1,800 yuan in 2024 [24].

Group 1 - The profession of drone swarm flight planner has been recognized as one of the 17 new occupations announced by the Ministry of Human Resources and Social Security in 2025, with applications extending beyond performance planning to urban governance, logistics, emergency response, and cultural tourism [1] - The low-altitude economy was included in the government work report during the 2024 National Two Sessions, with the Civil Aviation Administration of China predicting that the market size will reach 1.5 trillion yuan by 2025 and potentially exceed 3.5 trillion yuan by 2035 [2] Group 2 - AI-powered police models and intelligent decision-making platforms are emerging in the public security sector, utilizing big data to analyze intelligence clues and support practical operations [4] - Various smart equipment, including unmanned patrol vehicles, patrol boats, and "cyber police dogs," are being showcased in the first intelligent unmanned equipment exhibition area at the 12th China International Police Equipment Expo, highlighting the application of smart unmanned equipment in law enforcement across air, ground, water, and underwater environments [5]

Core Viewpoint - Zongheng Co., Ltd. has initiated deep cooperation with China Tower's Sichuan branch to leverage communication tower resources for building low-altitude infrastructure and situational monitoring networks, enhancing the efficient application of drones in various fields such as power inspection, emergency mapping, emergency rescue, and security monitoring [1] Group 1 - Zongheng Co., Ltd. is collaborating with China Tower's Sichuan branch [1] - The partnership aims to utilize the extensive communication tower resources across the province [1] - The focus is on developing low-altitude infrastructure and situational monitoring networks [1] Group 2 - The collaboration will enhance the application of drones in power inspection [1] - Drones will also be utilized for emergency mapping and rescue operations [1] - Security monitoring is another key area for drone application within this partnership [1]

北京金杜（成都）律师事务所 关于成都纵横自动化技术股份有限公司 致：成都纵横自动化技术股份有限公司 北京金杜（成都）律师事务所（以下简称本所）接受成都纵横自动化技术股 份有限公司（以下简称公司）委托，根据《中华人民共和国证券法（2019 修订）》 （以下简称《证券法》）、《中华人民共和国公司法（2023 修订）》（以下简称 《公司法》）、中国证券监督管理委员会（以下简称中国证监会）《上市公司股 东会规则（2025 年修订）》（以下简称《股东会规则》）等中华人民共和国境内 （以下简称中国境内，为本法律意见书之目的，不包括中华人民共和国香港特别 行政区、中华人民共和国澳门特别行政区和中华人民共和国台湾地区）现行有效 的法律、行政法规、规章和规范性文件和现行有效的公司章程有关规定，指派律 师出席了公司于 2025 年 5 月 12 日召开的 2024 年年度股东大会（以下简称本次 股东大会），并就本次股东大会相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 有限公司章程》（以下简称《公司章程》）； 议文件； 议文件； 公司已向本所保证，公司已向本所披露一切足以影响本法 ...

议案 5、议案 7、议案 8、议案 11、议案 12 对中小投资者进行了单独计票。 三、 律师见证情况 | 证券代码：688070 证券简称：纵横股份 公告编号：2025-030 | | | | | --- | --- | --- | --- | | 成都纵横自动化技术股份有限公司 | | | | | 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 | | | | | 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 | | | | | 重要内容提示： | | | | | ? 本次会议是否有被否决议案：无 | | | | | 一、 会议召开和出席情况 | | | | | （一） 股东大会召开的时间：2025 年 05 日 | 月 12 | | | | （二） 股东大会召开的地点：四川省成都市高新区天府五街菁蓉汇 | | 3A11 | A3 楼 | | 会议室 | | | | | （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 | | | | | 其持有表决权数量的情况： | | | | | 普通股股东人数 23 | | | | | 53,506,77 ...

证券代码：688070 证券简称：纵横股份 公告编号：2025-030 成都纵横自动化技术股份有限公司 2024年年度股东大会决议公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 05 月 12 日 （二） 股东大会召开的地点：四川省成都市高新区天府五街菁蓉汇 3A11 楼 A3 会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 23 | | --- | --- | | 普通股股东人数 | 23 | | 2、出席会议的股东所持有的表决权数量 | 53,506,778 | | 普通股股东所持有表决权数量 | 53,506,778 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 61.0947 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 61.0947 ...

关于成都纵横自动化技术股份有限公司 2024 年年度股东大会之法律意见书 致：成都纵横自动化技术股份有限公司 北京金杜（成都）律师事务所（以下简称本所）接受成都纵横自动化技术股 份有限公司（以下简称公司）委托，根据《中华人民共和国证券法（2019 修订）》 （以下简称《证券法》）、《中华人民共和国公司法（2023 修订）》（以下简称 《公司法》）、中国证券监督管理委员会（以下简称中国证监会）《上市公司股 东会规则（2025 年修订）》（以下简称《股东会规则》）等中华人民共和国境内 （以下简称中国境内，为本法律意见书之目的，不包括中华人民共和国香港特别 行政区、中华人民共和国澳门特别行政区和中华人民共和国台湾地区）现行有效 的法律、行政法规、规章和规范性文件和现行有效的公司章程有关规定，指派律 师出席了公司于 2025 年 5 月 12 日召开的 2024 年年度股东大会（以下简称本次 股东大会），并就本次股东大会相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 北京金杜（成都）律师事务所 1. 公司 2023 年第二次临时股东大会审议通过的《成都纵横自动化技术股 ...

Core Viewpoint - Chengdu Zongheng Automation Technology Co., Ltd. has made significant progress in the low-altitude economy sector, evidenced by its recent winning of contracts totaling approximately 120 million yuan, which represents about 25.38% of its projected revenue for 2024 after excluding non-core business income [1][2]. Group 1: Company Developments - Zongheng Dapeng, a wholly-owned subsidiary, won contracts for the "Smart Bazhong" low-altitude digital economy unmanned system and supporting facilities, with contract amounts of 106 million yuan and 13.6 million yuan respectively [1]. - The company aims to deepen its low-altitude digital economy business layout by promoting the integration of "unmanned systems + Zongheng Cloud + AI" [1][3]. - Zongheng has established strategic partnerships with over ten local governments and enterprises to jointly develop low-altitude economy projects in 2024 [3]. Group 2: Industry Insights - The low-altitude economy is viewed as a burgeoning field with vast development potential, driven by technological advancements in drones and artificial intelligence [3]. - The successful contract wins are expected to enhance Zongheng's market position in the low-altitude economy, positively impacting its revenue, business expansion, and brand influence [2]. - The company has a competitive advantage in the low-altitude economy sector due to its strong technical foundation in industrial drones and a diverse product line that meets various operational needs [2].

经中国证券监督管理委员会（以下简称"中国证监会"）于 2021 年 1 月 13 日出具的《关于同意成都纵横自动化技术股份有限公司首次公开发行股票注册 的批复》（证监许可〔2021〕110 号），成都纵横自动化技术股份有限公司（以 下简称"纵横股份"、"公司"或"发行人"）获准向社会公众公开发行人民币普 通股（A 股）2,190 万股，发行价格为 23.16 元/股，募集资金总额为 50,720.40 万元；扣除发行费用后实际募集资金净额为人民币 44,600.52 万元 持续督导保荐总结报告书 本次发行证券已于 2021 年 2 月 10 日在上海证券交易所科创板上市。国泰 海通证券股份有限公司（以下简称"保荐机构"或"国泰海通"）担任其持续督 导保荐机构，持续督导期间为 2021 年 2 月 10 日至 2024 年 12 月 31 日。2024 年 12 月 31 日，持续督导期已届满，国泰海通根据《证券发行上市保荐业务管 理办法》《上海证券交易所科创板股票上市规则》《上海证券交易所科创板上市 公司自律监管规则适用指引第 1 号——规范运作》等法规、规范性文件相关要 求，出具本保荐总结报告书，具体情况如 ...