来源：金融界 金融界8月1日消息，有投资者在互动平台向华星创业提问：请问公司5G -A应用产生业绩了没，目前公 司连年亏损！公司打算从哪些方面扭转盈亏？ 公司回答表示：您好，公司将围绕主营业务和发展战略，积极整合各种优势资源，拓展企业发展新渠 道，努力扩大业务盈利空间。公司将继续深耕移动通信技术服务，继续围绕运营商、主设备商等客户的 需求进行技术研发，同时积极拓展与运营商、主设备商等客户在政企、数字经济等其他领域的业务合 作。低空经济为通信行业带来了多方面的机遇，依托多年在通信行业领域积累的经验，积极追踪新的行 业机遇。公司将继续对于元宇宙、虚拟现实和数字人等数字产品的研究和开发，对相关业务进行拓展。 感谢您的关注！ ...

Core Viewpoint - The signing of the Wuxi-Lianyungang aviation industry cooperation project marks the establishment of the first cross-regional aviation industry chain, aiming to develop a robust aviation industry cluster and promote the commercialization and operation of the aviation industry [1][3]. Group 1: Project Overview - The Wuxi-Lianyungang specialized and innovative industrial park will create an aviation industry cluster, focusing on low-altitude transportation and enhancing regional economic development [1][3]. - The project includes the construction of a flight service center, a talent training base, and a research and manufacturing base, forming a comprehensive cooperation loop covering the entire low-altitude economy [3][5]. Group 2: Investment and Development - The signing event included projects such as a 500 million yuan low-altitude aircraft research and manufacturing base by Xiaoshan Aviation and a 500 million yuan drone countermeasure equipment development base by Tiandun Technology, aiming to create the largest countermeasure equipment production base in East China [5][6]. - Xiaoshan Aviation's low-altitude aircraft manufacturing base is expected to produce 200 aircraft annually, generating an estimated annual output value of approximately 1 billion yuan [5][6]. Group 3: Talent and Education - The establishment of a low-altitude research and practice base aims to develop a talent training mechanism, integrating academic qualifications with practical licenses for students [6]. - The base will offer courses in drone research and innovation, piloting, low-altitude aircraft maintenance, and low-altitude economic management, contributing to the cultivation of professionals in the low-altitude economy sector [6].

Group 1: Communication ETF Performance - The Communication ETF has a turnover rate of 5.42% and a transaction volume of 5.9067 million yuan during the trading session [3] - Over the past month, the Communication ETF's scale increased by 3.2637 million yuan, ranking first among comparable funds [3] - As of July 31, the net value of the Communication ETF has risen by 45.63% over the past year, placing it in the top 15.56% of index equity funds [3] Group 2: Industry Outlook - The telecommunications industry in China has shown stable operation in the first half of the year, with growth in telecom business volume and orderly progress in new infrastructure construction [3] - The user base for 5G, gigabit, and IoT continues to expand, with mobile internet access traffic maintaining rapid growth [3] - By 2025, the telecommunications sector is expected to experience a period of technological iteration and policy dividends, with new growth drivers emerging from AI, quantum communication, and low-altitude economy [3] Group 3: North American vs. Domestic Computing Power Chains - North American computing power chains, represented by "Yizhongtian," have significantly outperformed domestic counterparts like SMIC and Cambrian [4] - The divergence is primarily driven by performance, with North American cloud vendors reaffirming increased AI capital expenditures and clearer overseas optical module demand guidance for next year [4] - Since Q2, the performance of North American computing power chains has seen substantial upward revisions [4] Group 4: Major Stocks in the Communication Index - As of July 31, the top ten weighted stocks in the National Communication Index include Zhongji Xuchuang, Xinyi Sheng, China Telecom, ZTE, China Mobile, China Unicom, Zhongtian Technology, Transsion Holdings, Tianfu Communication, and Wentai Technology, collectively accounting for 61.8% of the index [4] - The performance of these stocks varies, with Zhongji Xuchuang down by 2.05% and Transsion Holdings up by 2.82% [6]

Core Insights - The "Aerial Gaode" project has officially launched in Longgang District, Shenzhen, marking the establishment of a low-altitude economic demonstration zone [1][5] - The project aims to integrate air and ground transportation through a comprehensive digital map, enhancing smart transportation, intelligent driving, and instant delivery services [1][2] Group 1: Project Overview - "Aerial Gaode" serves as a comprehensive urban smart transportation solution, designed to create a digital map that integrates air and ground data [1][2] - The project includes modules for low-altitude three-dimensional digital bases, safety guarantees, airspace management, and operational services [2] Group 2: Technological Innovations - The platform utilizes massive real-time low-altitude three-dimensional data and ground data, employing AI deep learning for high-quality 3D reconstruction [2] - The system allows for real-time updates of data, significantly reducing data generation costs [2] Group 3: Service Offerings - The project features three core service models: intelligent flight route planning, application scenario matching, and integrated basic services [3][4] - The flight service center assists companies in quickly obtaining flight route approvals, while the operations center connects buyers and service providers [3][4] Group 4: Economic Impact - Longgang District has over 150 low-altitude economy enterprises, showcasing a complete industrial chain from R&D to application [5] - The collaboration with Gaode has attracted over 10 low-altitude ecological enterprises, enhancing technological development and adaptation [5] Group 5: Future Prospects - Longgang aims to become a national low-altitude economic hub, inviting enterprises to collaborate and innovate within the region [7] - The project is expected to support various applications in healthcare, emergency services, and logistics, further expanding the low-altitude economy [6][7]

Core Viewpoint - The defense and military industry sector is experiencing fluctuations, with the ETF (512810) showing signs of strong buying interest despite recent volatility [1][4]. Group 1: Market Performance - On August 1, the defense and military ETF (512810) initially dropped by 2% but later rebounded, currently down by 1.31% [1]. - The ETF has seen a continuous net subscription of 99.35 million yuan over the past four trading days, indicating strong buying momentum [1]. - The ETF is currently trading at a price of 0.678, with a trading volume of 759 [2]. Group 2: Sector Analysis - The defense and military sector is believed to be in a state with significant upward potential and limited downside risk, according to Zhonghang Securities [3]. - The sector is expected to benefit from several catalysts, including the military's "14th Five-Year Plan" entering a critical delivery phase, potential breakthroughs in military trade, and a rebound in net profits for some military stocks [5]. Group 3: Investment Opportunities - The ETF (512810) covers a wide range of themes, including commercial aerospace, low-altitude economy, large aircraft, deep-sea technology, military AI, and controllable nuclear fusion [6]. - The investment threshold for the ETF has been halved due to a share split in June, making it more accessible for investors [7].

Core Viewpoint - Pengzhou is positioning itself as a "thousand billion city" and a "sub-center" in the Chengdu metropolitan area, aiming for high-quality economic development and significant population growth, reflecting the deep logic of economic breakthroughs in western China [1][24]. Economic Data Summary - In 2024, Pengzhou's GDP is projected to exceed 70 billion yuan, reaching 71.46 billion yuan, maintaining its position as the top county-level city in Chengdu [3]. - By 2027, the GDP is expected to surpass 85 billion yuan, with a national ranking improvement of six places among the top counties [5]. - By 2029, the goal is to achieve the "thousand billion city, million people" target and enter the top 80 of national counties [6]. Industrial Advantages Summary - Pengzhou focuses on three key areas: strong industry, population attraction, and urban development, leveraging two provincial-level parks and two city-level parks [7]. - The Chengdu New Materials Chemical Park is the only chemical park in Chengdu, with a production capacity of 800,000 tons of ethylene and 10 million tons of refined oil annually, supplying 45% of gasoline and 85% of aviation kerosene in Sichuan [9]. - The Chuanxi Gas Field, located within a major city, produces nearly 2 billion cubic meters of natural gas annually, supporting local industrial development [9]. - The Tianfu Traditional Chinese Medicine City has attracted over 300 health enterprises, becoming a hub for traditional medicine innovation [11]. - The establishment of a national-level drone testing base and logistics routes positions Pengzhou as a leader in the low-altitude economy [13][14]. - The Sichuan International Agricultural Products Trading Center handles 6 million tons of vegetables and 2 million tons of fruits annually, making it a key player in international logistics [16]. Business Environment Summary - Pengzhou emphasizes a responsive business environment, with a commitment to reducing operational costs for enterprises by 15% in capital usage and 10% in electricity costs [21][23]. - The establishment of industry funds totaling 4.5 billion yuan supports businesses from startup to maturity [23]. - A "tea discussion" mechanism facilitates direct communication between government and enterprises, enhancing service efficiency [21]. Future Outlook Summary - Under the guidance of national and provincial policies, Pengzhou aims to strengthen its role as a green manufacturing base and enhance regional influence, promoting the integration of culture, tourism, and various industries [24].

Core Viewpoint - The defense and military industry sector is experiencing fluctuations, with the defense military ETF (512810) showing signs of strong buying interest despite recent volatility [1][3]. Group 1: ETF Performance - On August 1, the defense military ETF (512810) initially dropped by 2% but later rebounded, currently down by 1.31% [1]. - The ETF has seen a continuous premium in the market, indicating strong buying pressure, with a total net subscription of 99.35 million yuan over the past four trading days [1][3]. - The ETF's price is currently around 0.678, with a trading volume of 759 [2]. Group 2: Market Sentiment and Future Outlook - Analysts from Zhonghang Securities suggest that the defense and military sector is in a favorable position with potential for upward movement, while the risk of a structural deep adjustment is relatively low [3]. - There are three major catalysts for the defense and military sector: the military's "14th Five-Year Plan" entering a critical delivery phase, potential benefits from the upcoming September 3 military parade, and a rebound in net profits for some military stocks in Q2 [3]. - The defense military ETF (512810) covers a wide range of themes, including commercial aerospace, low-altitude economy, large aircraft, deep-sea technology, military AI, and controllable nuclear fusion [3].

在经济领域，聚焦数据产业培育壮大、一二三产数字化转型两大重点，着力构建全链条数据产业体 系，加速释放实数融合效能，加大对人工智能、低空经济等未来产业培育力度。 2024年全市数字经济核心产业增加值占GDP比重达到5.75%，列全省第三位。今年，威海将打造通 用算力、智能算力融合发展体系，为企业提供"采-存-算-管-用"全生命周期的支撑能力；继续推动数字 产业做大做强的同时，力争到年底打造省级工业互联网重点平台20个左右，依托重点产业集群、园区打 造一批重点行业"产业大脑"。 在民生领域，聚焦企业、群众需求，围绕政务服务提效、公共服务提质，深化"高效办成一件 事""无证明城市"等改革，持续创新数字化服务场景、丰富服务供给，不断拓展数字化服务的广度和深 度。 民生服务"一网通办" 城市管理"一网统管" 社会治理"一网智治" 威海绘就全域数字化转型路线图 日前，威海市印发《关于深化新型智慧城市建设 推进城市全域数字化转型的实施意见》（以下简 称《实施意见》）。《实施意见》提出，到2027年，基本建成高效协同、整体智治的新型智慧城市；数 字经济核心产业增加值占地区生产总值比重保持在全省前列，培育一批成效显著、可复制推 ...

文字早评 2025/08/01 星期五 宏观金融类 股指 消息面： 1、国常会：部署实施个人消费贷款贴息政策与服务业经营主体贷款贴息政策；审议通过《关于深入实 施"人工智能+"行动的意见》；要更加注重激发经济发展内生动力 持续深化重点领域改革； 2、国家发改委：纵深推进全国统一大市场建设 破除"内卷式"竞争；推动"人工智能+"行动走深走 实 推进低空经济高质量发展；加大力度稳投资促消费 拓展投资增量; 3、商务部：中美将继续推动已暂停的美方对等关税 24%部分以及中方反制措施如期展期 90 天； 交易逻辑：政治局会议强调增强国内资本市场的吸引力和包容性，巩固资本市场回稳向好的势头，进一 步确认了政策对资本市场的呵护态度，策略上仍关注市场逢低做多的机会。 国债 4、微软及 Meta 业绩超预期，股价大幅上涨； 期指基差比例： IF 当月/下月/当季/隔季：-0.13%/-0.46%/-1.22%/-2.09%； IC 当月/下月/当季/隔季：-0.63%/-1.64%/-3.96%/-6.02%； IM 当月/下月/当季/隔季：-0.74%/-1.85%/-4.64%/-7.17%； IH 当月/下月/当季/隔 ...

7月31日，深圳官宣全力打造"全球低空经济第一城"！深圳市发展和改革委员会官网发布《深圳市低空 基础设施高质量建设方案（2024—2026年）》，到2026年底全面建设全球低空经济总部研发中心、高端 智造中心、全场景示范验证中心、一站式解决方案供给中心。 6）从产业趋势角度看：低空今年的重心是低空安全+载物场景的无人机率先落地。如果后续低空相关 政策能够落地，无人机有望从无人物流板块跟随角色到独立行情主角此外低空安全板块既是低空经济产 据深圳特区报报道，去年11月，深圳市低空经济基础设施高质量建设启动会上介绍了《深圳市低空基础 设施高质量建设方案（2024-2026年）》。深圳市发改委当时在会上透露，预计2024至2026年，深圳低 空设施投资额120亿元以上，"十五五"期间，可达200亿元以上。 8月1日早盘，重仓低空经济的通用航空ETF华宝（159231）场内价格续跌1.03%，至此已连续3日回 调。技术面上日线仍处于20日线上方，上升趋势仍有望持续。 华福证券最新分析指出，整体而言，当前位置合适+下半年以来催化不断+中美新博弈方向，低空是具 备反弹要素的。板块正在酝酿多个"量变"，静待一个"质变"： 1 ...