GDMZH(SH:600382) Zheng Quan Shi Bao Wang·2024-11-28 09:58Core Viewpoint - Guangdong Mingzhu is entering the low-altitude economy sector by establishing a subsidiary focused on drone technology, aligning with national development strategies and aiming to cultivate a second core business [1][2]. Group 1: Company Developments - On November 28, Guangdong Mingzhu announced the establishment of Guangdong Mingzhu Group Drone Technology Co., Ltd. in collaboration with Guangzhou Guangnian Zhiyou Enterprise Management Partnership and Guangzhou Feiyi Exploration Enterprise Management Co., Ltd. [1] - The new subsidiary aims to develop competitive market mechanisms and build a strong management and R&D team focused on smart drones, responding to market demands for innovative technology products [2]. Group 2: Industry Insights - The low-altitude economy, defined as activities involving manned and unmanned aerial vehicles operating below 1,000 meters, has been recognized as a strategic emerging industry in China, with significant market potential [1][2]. - As of the end of 2023, there are approximately 2,000 drone design and manufacturing units in China, with 1.267 million registered drones, marking a year-on-year growth of 32.2%. The total flight hours reached 23.11 million, an increase of 11.8% [2]. - The scale of China's low-altitude economy has exceeded 500 billion yuan in 2023, with projections to reach 2 trillion yuan by 2030, indicating a robust growth trajectory for the sector [2].