Investment Rating - The report does not explicitly provide an investment rating for the drone industry Core Insights - The Chinese drone industry has become a strategic emerging industry driven by national strategy, with a leading global market size and a complete industrial chain, transitioning from "manufacturing-led" to "technology-driven and ecosystem construction" [1] - The industry faces multiple challenges, including reliance on imported core technologies, long commercial return cycles, and international compliance and geopolitical risks, with future development focusing on intelligence, greening, airspace digitization, and market diversification [1] Strategic Positioning and Policy Support - The drone industry has rapidly developed under coordinated policy design, airspace management reform, and infrastructure construction, establishing a solid foundation for the large-scale application of the low-altitude economy [2] - The industry is defined as unmanned aerial vehicles operating in low-altitude airspace, which is recognized as a core carrier of the low-altitude economy [2] - A comprehensive policy framework has been established, including mandatory national standards and regulations to support the industry's standardized development [3][4] Market Size and Import-Export Patterns - The global drone market is projected to grow from USD 35.28 billion in 2024 to USD 67.64 billion by 2029, with a compound annual growth rate (CAGR) of 13.90% [5] - The Chinese civil drone market is expected to reach approximately CNY 146.8 billion in 2024, with a forecasted market size exceeding CNY 400 billion by 2030, reflecting a CAGR of 18.3% from 2024 to 2030 [5] - China remains the world's largest drone manufacturer and exporter, with significant growth in both export volume and value [6][7] Industry Chain Structure and Layout - The Chinese drone industry has established a complete industrial chain from upstream core components to midstream manufacturing and downstream application services, showcasing global competitiveness [11] - The upstream sector includes critical components such as flight control systems and sensors, with a high reliance on imports for advanced technologies [13] - The midstream focuses on the research and production of consumer, industrial, and military drones, with leading companies dominating various segments [14] - The downstream application services cover logistics, agriculture, power inspection, and emergency rescue, with significant market shares held by key players [14] Core Challenges and Future Development Trends - The industry faces challenges such as reliance on imported high-end components, high commercialization costs in industrial applications, and complex certification processes [16] - Future trends indicate a shift towards intelligent, autonomous, and green technologies, with eVTOLs emerging as a new avenue for urban air mobility [17][18] - The integration of low-altitude economy and digital infrastructure is expected to enhance operational efficiency and regulatory compliance [18]

经济观察网航天彩虹（002389）公告，控股股东之一致行动人航天投资控股有限公司于2025年12月16日 至2025年12月30日通过集中竞价方式合计减持公司股份1505.92万股，占公司总股本1.52898%。减持前 中国航天空气动力技术研究院、台州市金投航天有限公司及其一致行动人合计持股3.8亿股，占 38.55%；减持后合计持股3.65亿股，占37.02%，权益变动触及1%整数倍。 ...

航天彩虹无人机股份有限公司 证券代码：002389 证券简称：航天彩虹 公告编号：2025-061 2 本次变动是否存在违反《证 券法》《上市公司收购管理 办法》等法律、行政法规、 部门规章、规范性文件和本 所业务规则等规定的情况 是□ 否☑ 5．被限制表决权的股份情况 按照《证券法》第六十三 条的规定，是否存在不得 行使表决权的股份 是□ 否☑ 6．30%以上股东增持股份的说明（如适用） 本次增持是否符合《上市 公司收购管理办法》规定 的免于要约收购的情形 不适用 股东及其一致行动人法定 期限内不减持公司股份的 承诺 不适用 7．备查文件 1．航天投资出具的《关于股份减持进展的告知函》 ☑ 2．深交所要求的其他文件 □ 特此公告 航天彩虹无人机股份有限公司董事会 关于控股股东之一致行动人减持股份触及 1%整数倍的公告 公司控股股东之一致行动人航天投资控股有限公司保证向本公司提 供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信 息一致。 航天彩虹无人机股份有限公司（以下简称： "公司"）于 2025 年 12 月 30 日收到公司控 ...

证券日报网讯12月29日，航天彩虹（002389）在互动平台回答投资者提问时表示，公司本次参股设立子 公司，是围绕低空经济发展趋势所进行的战略性布局，旨在通过前瞻性的产业协同与能力构建，积极把 握未来相关领域的发展机遇。新公司将依托相关技术领域的积累，积极布局低空物流飞行器和低空载人 飞行器等符合国家战略导向和市场前景的新兴方向，为未来低空经济产业生态的形成做好适配与准备。 ...

航天彩虹公告称，为集中资源发展主业，此前公司通过上海联合产权交易所公开挂牌，出售位于台州的 三宗土地及地上建筑物产权，占地面积153.75亩，建筑面积10.39万平方米，评估值40781.44万元。2025 年12月23日，公司与受让方台州市城兴城市建设发展有限公司签署交易合同，12月26日收到转让价款 40781.44万元。此次交易将盘活资产、回笼资金，预计对当期利润有积极影响。 ...

证券代码：002389 证券简称：航天彩虹 公告编号：2025-060 航天彩虹无人机股份有限公司 关于转让公司位于台州南洋科技新材料产业园之三宗土地及地 上建筑物产权的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 一、交易概述 为提高公司资产运营效率，优化公司资源配置，集中资源发展无人机 主责主业，公司通过上海联合产权交易所以公开挂牌转让的方式出售位于 浙江省台州市椒江区新坦路 218 号南洋科技新材料产业园三宗土地及地 上建筑物产权，本次转让共涉及三宗土地，占地面积合计 153.75 亩；地 上建筑物总建筑面积 10.39 万平方米，资产评估值 40,781.44 万元（评估 备案值）。上述事项已经公司第七届董事会第三次会议审议通过，在公开 挂牌期间，共征集到 1 名合格意向受让方，确认为台州市城兴城市建设发 展有限公司，成交价格为 40,781.44 万元（含增值税价款）。 具体详见公司于 2025 年 11 月 8 日刊登于《证券时报》及巨潮资讯网 （http://www.cninfo.com.cn）的《关于对台州南洋科技新材料产业园三 宗 ...

Core Viewpoint - The commercial aerospace sector is experiencing significant growth driven by supportive government policies and the recent establishment of clearer IPO guidelines for commercial rocket companies, which is expected to accelerate their market entry and boost related industries. Group 1: Market Performance - The Zhongzheng General Aviation Theme Index (931855) rose by 1.62% as of December 29, 2025, with notable increases in constituent stocks such as Guangwei Composites (300699) up 14.57%, Haige Communication (002465) up 10.04%, and Leike Defense (002413) up 9.97% [1] - The General Aviation ETF (561660) increased by 1.70%, marking its fourth consecutive rise, with the latest price reported at 1.2 yuan [1] Group 2: Policy Developments - In November 2025, the National Space Administration issued the "Action Plan for Promoting High-Quality and Safe Development of Commercial Aerospace (2025-2027)", which supports commercial entities in developing new technologies and products, and establishes a national commercial aerospace development fund [1] - The Shanghai Stock Exchange released specific guidelines for commercial rocket companies to access the Sci-Tech Innovation Board, which is expected to expedite the IPO process for leading private commercial rocket firms [2] Group 3: Industry Insights - The commercial rocket sector is identified as the "launch base" of commercial aerospace, with its industrialization expected to drive demand across satellite manufacturing, ground equipment, and space applications [2] - The Zhongzheng General Aviation Theme Index includes 50 listed companies involved in aviation materials, components, aircraft manufacturing, infrastructure, operations, and applications, reflecting the overall performance of the general aviation sector [2] - As of November 28, 2025, the top ten weighted stocks in the Zhongzheng General Aviation Theme Index accounted for 40.68% of the index, including companies like Aerospace Electronics (600879) and China Satellite Communications (601698) [2]

格隆汇12月29日丨航天彩虹(002389.SZ)在投资者互动平台表示，彩虹7目前正在按计划推进相关工作进 展，预计于2025年四季度完成全部研制工作，请投资者关注公司后续相关公告和官方报道。 ...

Core Viewpoint - The general aviation sector is experiencing significant growth, driven by government support and strategic initiatives aimed at enhancing technological independence and promoting the low-altitude economy and commercial aerospace development [1][2]. Group 1: Market Performance - As of December 26, 2025, the China General Aviation Theme Index (931855) rose by 1.83%, with notable increases in constituent stocks such as Guanglian Aviation (300900) up 13.94% and Zhongfu Shenying (688295) up 13.03% [1]. - The General Aviation ETF (561660) also saw a rise of 1.91%, marking its third consecutive increase, with the latest price reported at 1.17 yuan [1]. Group 2: Government Initiatives - A successful satellite launch using the Long March 8A rocket from Hainan's commercial space launch site occurred, deploying 17 low-orbit satellite internet satellites into their designated orbits [1]. - The strategic emerging industry development fund, with a scale of 51 billion yuan, has officially launched, focusing on providing substantial financial support to the aerospace sector and related industries [1]. Group 3: Index Composition - The China General Aviation Theme Index tracks 50 listed companies involved in various aspects of general aviation, including manufacturing, infrastructure, and operations [2]. - The top ten weighted stocks in the index account for 40.68% of the total index, with key companies including Aerospace Electronics (600879) and Haige Communication (002465) [2].

本次取消股东会部分提案的程序符合法律法规、部门规章、规范 性文件和《公司章程》等相关规定。除取消上述提案外，公司《关于 召开2025年第四次临时股东会的通知》（公告编号：2025-058）中列 1 明的其他审议事项、会议时间、会议地点、股权登记日、登记方法等 其他事项未发生变更，现将补充后的召开2025年第四次临时股东会的 通知公告如下： 证券代码：002389 证券简称：航天彩虹 公告编号：2025-059 航天彩虹无人机股份有限公司 关于 2025 年第四次临时股东会取消部分提案 暨股东会补充通知的公告 本公司及董事会全体成员保证信息披露的内容的真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 航天彩虹无人机股份有限公司（以下简称"公司"）定于2025 年12月31日召开2025年第四次临时股东会。具体内容详见公司2025 年12月16日刊登在《证券时报》和巨潮资讯网（www.cninfo.com.cn） 上的《关于召开2025年第四次临时股东会的通知》（公告编号： 2025-058）。 鉴于目前上述拟提交公司股东会审议的《关于全资子公司以包括 部分募投项目资产在内的非货币性资产出资与非关联方合资 ...