Core Viewpoint - The company has entered into a strategic partnership with Sichuan Hongpeng Aerospace Equipment Intelligent Manufacturing Co., Ltd. to establish a strategic alliance in the aviation piston engine sector, aiming to enhance competitiveness and market share in both domestic and international markets [1][2][3] Group 1: Strategic Alliance Objectives - The primary goals of the strategic alliance include integrating the company's strengths in automotive engine design, testing, industrialization, supply chain, and manufacturing with the partner's expertise in aviation engine design, manufacturing, testing, FADEC control system development, engine matching, and airworthiness certification [1] - The alliance will develop a product system for aviation piston engines in both non-airworthy and airworthy states in a phased manner [1][2] Group 2: Sales and Development Phases - In the first phase, the company will sell specific engine models to the partner, which will be modified into non-airworthy aviation piston engines to meet the needs of the partner's non-airworthy aircraft clients [2] - The second phase involves the partner modifying the engines into airworthy aviation piston engines for their airworthy aircraft clients [2] - A potential joint venture may be established in the third phase, focusing on the design, supply chain, production, market development, and sales of selected aviation piston engine models based on the experiences gained from the first two phases [2] Group 3: Market Access and Strategic Benefits - The strategic alliance provides the company with a rapid entry into the high-barrier aviation market, particularly in terms of airworthiness certification [3] - The partnership aligns with national and local development strategies in the low-altitude economy, facilitating access to policy support, funding, and government resources [3] - The alliance is expected to provide predictable and stable order sources, allowing the company to extend its automotive power systems into aviation power systems, gradually realizing its vision of becoming a world-leading power system provider [3]
新晨动力(01148):绵阳新晨与四川鸿鹏航空航天装备智能制造在航空活塞发动机领域建立战略联盟