PING AN OF CHINA(SH:601318) Jing Ji Guan Cha Wang·2025-08-13 11:51Core Viewpoint - The introduction of drone postal routes in Shiban Rock Town significantly enhances logistics efficiency, connecting remote villages and transforming the delivery landscape in mountainous regions [1][3]. Group 1: Drone Postal Routes - The first regular drone postal route in Henan Province allows for delivery times to be reduced from one hour by car to just seven minutes by drone [1][3]. - Currently, there are 11 operational drone routes that link 11 remote mountain villages, with each drone capable of carrying 50 kilograms and making 1-2 trips daily [3]. Group 2: Historical Context - Historically, the region relied on manual transportation methods, such as carrying goods with a shoulder pole, which could take up to four hours to reach the town [2]. Group 3: Insurance and Risk Management - The development of drone logistics is supported by insurance products that cover risks associated with drone operations, including comprehensive coverage for drone damage and third-party liability, with a risk coverage amount exceeding 9.6 million yuan [3][4]. - The insurance sector is actively developing tailored insurance solutions for low-altitude economic activities, addressing various risks such as professional negligence and quality defects [4]. Group 4: Broader Economic Implications - The low-altitude economy, which includes drone logistics, is recognized as a strategic emerging industry in China's 14th Five-Year Plan, integrating advanced technologies to enhance productivity [4]. - The insurance company has insured over 150,000 drones, providing risk coverage exceeding 90 billion yuan, thereby facilitating the growth of the low-altitude economy [5].