低空经济行业双周报（0707-0720）：时的科技斩获350架海外订单，国际低空经济博览会召开在即-20250720

Investment Rating - The report maintains an "Outperform" rating for the low-altitude economy industry [1] Core Insights - The low-altitude economy sector has shown strong performance, with the Wande Low Altitude Economy Index rising by 3.07%, outperforming the Shanghai Composite Index by 1.28 percentage points [6][14] - The upcoming "2025 International Low Altitude Economy Expo" will take place from July 23 to 26, showcasing nearly 300 exhibitors and focusing on low-altitude infrastructure and applications [23] - Significant orders and investments are being made in the sector, including a $1 billion order for 350 E20 eVTOLs from Autocraft and a $250 million Series B financing for XPeng Huitian [27][24] Summary by Sections Market Review - The low-altitude economy sector outperformed the broader market during the period from July 7 to July 20, with notable increases in relevant indices [6][14] - The National Meteorological Administration emphasized the importance of low-altitude economy as a new productive force, integrating meteorological infrastructure with disaster prevention and urban management [21] Policy Dynamics - Recent policy updates include the revision of low-altitude economic regulations in Hong Kong and the issuance of supportive measures in Jingmen City to promote high-quality development in the low-altitude economy [21][22] - Chengdu has established the first low-altitude meteorological laboratory to enhance meteorological service capabilities for the low-altitude economy [27] Industry Developments - The establishment of the Shaanxi Low Altitude Economy Alliance aims to integrate resources and promote collaborative development in the low-altitude economy [31] - A joint research institute between EHang and Tsinghua University will focus on advancing low-altitude aviation technology and its commercialization [29]