YUNNEI POWER(SZ:000903) Sou Hu Cai Jing·2025-07-15 11:19Core Viewpoint - ST Yun Dong has signed a strategic cooperation agreement with Fujian Delong Aviation Technology Co., Ltd. and Fujian Huamin Lianxin Private Fund Management Co., Ltd. to collaborate in the fields of drone research and development, production, supply chain assurance, and industrial investment, aiming to promote the development of the low-altitude economy industry [1][3] Group 1: Strategic Cooperation - The agreement focuses on enhancing collaboration in drone engine product development and production, with both parties becoming priority partners for procurement and supply [2][3] - A joint venture may be established to explore new customer demands in the drone sector, facilitating technology research, production, and market expansion [2] - Huamin Lianxin Fund will leverage its investment experience in the low-altitude economy to coordinate resources and provide investment advisory services [2] Group 2: Company Background and Market Position - Delong Aviation, established in 2012, specializes in aviation engines and has provided thousands of engines for general aviation aircraft and drones, accumulating millions of flight hours [1][2] - The company’s piston engine products have achieved domestic production capabilities and received EASA certification for four-stroke models, catering to various drone applications [2] Group 3: Financial Performance and Projections - ST Yun Dong expects a net loss of 100 million to 150 million yuan for the first half of 2025, compared to a loss of approximately 99.8 million yuan in the same period last year [4] - The company anticipates a decline in sales volume of its main engine products, projecting a total of 353,900 units sold in 2024, a decrease of 5.15% year-on-year [3][4] - The company is optimizing its operational management and focusing on customer demand to enhance market share and product innovation [5]