Xin Lang Ji Jin·2025-08-04 03:22Core Viewpoint - The low-altitude economy and military aviation sectors are experiencing significant growth, with specific stocks showing strong performance and a notable increase in the General Aviation ETF Huabao (159231) [1][3]. Group 1: Industry Developments - The successful flight of the domestically developed 2-ton electric vertical take-off and landing aircraft "Kairui Ou" marks a key advancement in low-altitude logistics applications, demonstrating its capability to transport goods over sea [3]. - The aircraft has a maximum take-off weight of 2 tons, a payload capacity of 400 kilograms, and a cruising speed of 200 kilometers per hour, showcasing its technical specifications [3]. - The development of low-altitude logistics is expected to enhance operational efficiency and safety for offshore oil and gas platforms, with the low-altitude economy projected to reach a scale of 3 trillion yuan by 2030 [3]. Group 2: Policy and Market Insights - The National Development and Reform Commission has identified low-altitude economy as a key focus for the second half of the year, indicating a push for improved domestic circulation and investment opportunities in the sector [4]. - Recent analyses suggest that the low-altitude sector is positioned for a rebound, with technical indicators showing it is currently undervalued and ready for growth [4]. - The establishment of a leadership group for general aviation and low-altitude economy by the Civil Aviation Administration of China is expected to lead to favorable industry policies [5]. Group 3: Infrastructure and Strategic Planning - The China Civil Airport Association has released a comprehensive framework for low-altitude economic infrastructure, outlining 21 core indicators for airspace designation and operational management [5]. - Local governments are increasingly focusing on practical measures such as flight route planning and airspace division, moving beyond mere planning documents [5]. - The low-altitude sector is seen as a potential area of competition in the context of U.S.-China relations, with both countries investing in the development of this industry [5]. Group 4: Investment Opportunities - The General Aviation ETF Huabao (159231) covers a wide range of sectors, including military and civilian aviation, and is positioned as a strategic investment tool for capturing opportunities in the burgeoning aviation industry [6]. - The launch of the Huabao ETF's linked funds provides investors with accessible options to engage with the general aviation sector, which is anticipated to be a significant growth area [6].