Core Viewpoint - The founder of Yingshi Innovation, Liu Jingkang, celebrated the launch of their new drone product by distributing 200,000 cash to employees, signaling a strong market entry against DJI in the drone industry [1][2]. Group 1: Company Developments - Yingshi Innovation's panoramic drone brand "Yingling Antigravity" announced its public testing on August 14, with plans for a formal launch in January 2026 [2]. - Following the announcement, Yingshi Innovation's stock price surged by 20% on August 15, closing at 224.42 yuan per share, resulting in a market capitalization of 89.992 billion yuan [2]. - The company's market value continued to rise, reaching 107.9 billion yuan on August 18 and 120.3 billion yuan on August 19 [3]. Group 2: Competitive Landscape - Yingshi Innovation and DJI are positioned as key competitors in their respective markets, with Yingshi holding a 67% market share in the global panoramic camera market as of 2024, while DJI commands over 70% of the global consumer drone market [4][5]. - In response to DJI's launch of the Osmo360 panoramic camera, Liu Jingkang announced a price reduction of 500 yuan for Yingshi's new product Insta360 X5, indicating aggressive competition [4][5]. - Both companies are seeking new business avenues to sustain high growth expectations, as they have dominated their respective fields [5].
20万现金雨点燃商战！影石创新市值3天飙涨300亿，正面“硬刚”大疆