◎记者 何治民 2026年深圳全市120米以下无人机适飞空域占比超75%，建成低空起降点1200个以上，建成全球首个低 空智能融合系统（SILAS）……7月31日，深圳市发展改革委官网发布的《深圳市低空基础设施高质量 建设方案（2024—2026年）》（下称《建设方案》）明确了多个目标和任务。 "这份方案对其他城市有重要的借鉴和参考意义。毕竟深圳在拓展低空经济的应用场景方面做了很多探 索，实践经验更加丰富一些。"未来低空经济创新中心理事长罗军对上海证券报记者表示。 特新"小巨人"、制造业单项冠军、隐形冠军等企业国内领先。产业集聚发展水平显著提升，产值规模突 破1300亿元。 在低空高端智造中心建设方面，《建设方案》提出，到2026年底，建成10个低空经济产业园区和2个特 色产业园区，覆盖技术研发、生产制造、营销展示等业态。 在全场景示范验证中心建设方面，《建设方案》提出，到2026年底，建成低空起降点1200个以上，开通 载人、载货飞行等各类低空商业航线1000条以上，直升机、eVTOL起降设施1公里半径覆盖建成区面积 比例突破50%，"2小时同城，4小时跨城"低空快送服务覆盖人口占全市人口比例超过70%，三 ...

Core Insights - The "Three New" economy in China achieved a value-added of 242,908 billion yuan in 2024, growing by 6.7% year-on-year, which is 2.5 percentage points higher than the GDP growth rate [1] - The "Three New" economy accounted for 18.01% of GDP, an increase of 0.43 percentage points from the previous year [1] Group 1: Economic Performance - The "Three New" economy is characterized by new industries, new business formats, and new business models, which are essential for economic activities [1] - The rapid development of the "Three New" economy has created more job opportunities, improved labor productivity, and promoted consumption upgrades [1] Group 2: Trends and Developments - The "Three New" economy is experiencing three major trends: leading growth and structural upgrades, expansion into new fields driven by technology, and regional collaboration [2] - Emerging industries such as digital economy, smart manufacturing, and life health are developing rapidly, contributing to the upward momentum of the economy [2] Group 3: Recommendations for Development - Suggestions for strengthening the foundation of the "Three New" economy include deepening the market-oriented allocation of data elements, enhancing regulatory innovation, and aligning with international standards [2]

Group 1: Company Overview - Dongguan Youbang Material Technology Co., Ltd. (Youbang Technology) has initiated IPO counseling with Shenwan Hongyuan after previously failing to list on the Shenzhen Stock Exchange [1][4] - Youbang Technology specializes in electronic assembly materials and automation equipment, with products widely used in smart terminals, communications, new energy, and semiconductors [1][4] - The company has established stable partnerships with major clients including Foxconn and has a significant revenue contribution from them, accounting for 27.67% of total revenue in the first half of 2023 [4] Group 2: Financial Performance - Youbang Technology's revenue for the years 2020 to 2023 (first half) was 419 million, 589 million, 854 million, and 394 million yuan respectively, while net profits were 47.64 million, 49.59 million, 77.39 million, and 35.54 million yuan [4] - The company has seen a steady increase in revenue and net profit over the reporting period, indicating growth potential [4] Group 3: Blue Arrow Aerospace - Blue Arrow Aerospace, founded in 2015, aims to develop a full industrial chain for medium and large liquid oxygen-methane launch vehicles and is recognized as a leading commercial aerospace company in China [5][6] - The company has successfully launched the Zhuque-2 rocket, becoming the first in the world to achieve orbit with a liquid oxygen-methane rocket [6] - Blue Arrow Aerospace has raised over 7 billion yuan through multiple financing rounds, with significant investments from various venture capital firms [6] Group 4: Yimiao Shenzhou - Beijing Yimiao Shenzhou Biomedical Co., Ltd. focuses on CAR-T cell therapy for cancer treatment and has received multiple clinical trial approvals [7][8] - The company has established partnerships with top hospitals for clinical research and has been recognized as a national high-tech enterprise [7][8] Group 5: Chuan Robot - Sichuan Chuan Robot Co., Ltd. has filed for IPO counseling with Huazheng Securities, focusing on humanoid and collaborative robots [9][10] - The company has over 150 patents and aims to develop advanced robotic solutions, indicating a strong commitment to innovation in the robotics sector [11] - The robotics industry is experiencing a surge in IPO activities, with several companies preparing for listings [11]

被誉为"百岛之市"的珠海，一直在探索海岛型低空经济。 此前，全国首条海岛公共物流无人机航线开通，全国首个海岛无人机快件运输标准立项，全市首个区级 低空经济支持措施出台等等，都让珠海亮相闪光灯下。在先行先试探索下，陆岛物流、海洋牧场、海岛 巡检多个特色场景落地，市区物资半小时可达海岛，新鲜海产从"浪尖"直达市民"舌尖"，为全国海岛发 展低空经济提供"万山样板"。 7月30日，"2025万山群岛低空综合应用大会"在珠海唐家港无人机物流运营基地举行，更多先行先试密 集落地到珠海，包括全国首创"万山群岛低空安全双核体系"、物流复合翼eVTOL航空器在大湾区的首次 长航程城际飞行等等。 "唐家港模式的核心意义在于它跑出了独立的飞行模式，包括通信、导航、监视、气象，是一整套的管 理的基础设施和运营经验，具有推广价值和复制能力。"中国气象服务协会低空经济专业委员会主任委 员蔡银寅告诉南方财经记者，通过这些经验的积累，能够先把成本降下来。低成本是低空经济的第一需 求，然后才是复制低成本的商业模式。低空经济与传统航空的区别，就是从"奢侈品"到"平民化"的过 程。 随着低空基础设施建设、飞行标准体系落地及场景深度融合，珠海有望打 ...

永悦科技（603879.SH，股价7.14元，市值25.66亿元）7月31日晚间公告，持股5%以上非第一大股东傅文昌签署 协议，拟将其持有的公司3600万股（占公司总股本的10.02%）转让给广州万江通讯技术有限公司（以下简称万江 通讯），转让价格为6.336元/股，总对价为2.28亿元。转让完成后，傅文昌持股比例将降至2.68%。 公告称，本次权益变动不会导致公司控股股东及实控人发生变化，且万江通讯及其股东江洋、李文欢承诺在本次 协议转让股份完成过户登记之日起18个月内不直接或间接减持上市公司股份。 按照永悦科技7月31日7.14元的收盘价计算，6.336元的转让价格折价了11.26%。 近年增收不增利 资料显示，永悦科技是一家专注于合成树脂研发、生产和销售的公司，主要产品包括不饱和聚酯树脂和无人机。 公司前身为福建永悦科技有限公司，成立于2011年，并于2017年在上交所主板上市。 过去3年，永悦科技净利润出现连续亏损。2022年—2024年，永悦科技营收分别为2.96亿元、3.38亿元和3.7亿 元，同比增幅分别为-25.21%、13.97%和9.66%。同期，归母净利润分别为-0.39亿元、-0.7亿 ...

Core Viewpoint - Yongyue Technology (603879.SH) announced a share transfer agreement where major shareholder Fu Wenchang will sell 36 million shares (10.02% of total shares) to Guangzhou Wanjing Communications Technology Co., Ltd. at a price of 6.336 yuan per share, totaling 228 million yuan, which represents an 11.26% discount from the closing price of 7.14 yuan on July 31 [1][2]. Group 1 - The share transfer will reduce Fu Wenchang's holding to 2.68%, but will not change the company's controlling shareholder or actual controller [1]. - Wanjing Communications and its shareholders have committed not to reduce their holdings in Yongyue Technology for 18 months after the transfer [1]. - Yongyue Technology has faced continuous net losses over the past three years, with revenues of 296 million yuan, 338 million yuan, and 370 million yuan from 2022 to 2024, showing a trend of increasing losses despite revenue growth in 2023 and 2024 [5]. Group 2 - The company experienced a significant stock price increase earlier in 2024, reaching a high of 11.52 yuan, but subsequently faced a sharp decline due to regulatory issues involving its actual controller [8]. - Wanjing Communications was established less than two months prior to the share transfer and is primarily engaged in professional technical services [9]. - Despite being newly established, Wanjing Communications has already invested in two companies, indicating its operational intentions [10].

Investment Opportunities - The investment conference in Meishan resulted in 36 signed projects, with 31 being investment attraction projects totaling 47.69 billion yuan [1] - Among the signed projects, 10 investment attraction projects accounted for 19.06 billion yuan, showcasing Meishan's investment appeal [1] - The projects included over 28 exceeding 500 million yuan, with 6 projects over 2 billion yuan, indicating a strong industrial growth momentum [1] Industrial Development - Meishan has attracted 39 Fortune Global 500 companies, ranking second in Sichuan province, and is recognized as a demonstration city for open development [2] - The city aims to establish a modern industrial system with core competitiveness, focusing on the new energy and new materials sector, including lithium batteries, crystalline silicon photovoltaics, and high-end fine chemicals [2] - The lithium battery industry in Meishan has established a complete supply chain, with leading companies like Zhongke Innovation and American Yabao [2] Infrastructure and Support - Meishan offers comprehensive support for enterprises, including 7 provincial industrial parks and over 1.3 million square meters of standardized factory buildings [4] - The city has invested significantly in power grid construction, ensuring robust electricity supply, and has established a rapid response mechanism for enterprise needs [4] - A total of 1.14 billion yuan has been allocated in subsidies to support quality projects, reflecting strong policy backing [4] Project Pipeline - The newly released investment opportunity list includes 129 projects with a total investment of 161.5 billion yuan, covering various sectors such as new energy, electronic information, and equipment manufacturing [5] - Specific projects include 36 in the new energy sector with an investment of 63.53 billion yuan and 14 in electronic information with an investment of 14.42 billion yuan [5] Collaboration with Shenzhen - Meishan and Shenzhen have established deep collaboration in industrial sectors, focusing on resource allocation and technology transfer [6] - The partnership leverages Shenzhen's strengths in technology and Meishan's advantages in manufacturing, particularly in the new energy and electronic information sectors [6] - The collaboration is characterized by a shift of labor-intensive production processes to Meishan, enhancing local industrial output [7]

Core Viewpoint - The National Development and Reform Commission (NDRC) emphasizes the importance of maintaining economic stability and high-quality development in the face of external pressures and risks, highlighting the resilience and potential of China's economy [1][2]. Group 1: Economic Analysis and Strategy - The NDRC reports that China's economy has shown steady progress in 2023, with major economic indicators performing well and new productive forces developing positively [1]. - The meeting underscores the need for a comprehensive analysis of significant changes, key indicators, and major issues, focusing on stabilizing employment and expanding domestic demand [2]. - The NDRC aims to enhance investment and consumption, stimulate private investment, and implement high-quality policies to boost market vitality [2]. Group 2: Policy Implementation and Planning - The NDRC is committed to executing the decisions of the Central Government, ensuring the completion of the "14th Five-Year Plan" and preparing for the "15th Five-Year Plan" [2]. - There is a focus on fostering new productive forces, promoting the "Artificial Intelligence +" initiative, and advancing the digital economy [2]. - The NDRC plans to deepen the construction of a unified national market and promote healthy development of the private economy [2]. Group 3: Sustainable Development and Safety - The NDRC emphasizes the transition to a green and low-carbon economy, establishing a new mechanism for energy consumption and carbon emission control [2]. - The meeting highlights the importance of regional and urban-rural coordinated development, ensuring food, energy, and supply chain security [2]. - There is a commitment to enhancing safety measures and disaster prevention, prioritizing the safety of people's lives [2].

Core Viewpoint - Shenzhen aims to become the "global low-altitude economy capital" by implementing a comprehensive construction plan for low-altitude infrastructure from 2024 to 2026, with a target output value exceeding 130 billion yuan by the end of 2026 [1][2]. Group 1: Infrastructure Development - The plan includes the establishment of a layout consisting of "1+5+4," which comprises one low-altitude economic scientific device, five operational test zones, and four testing fields [1]. - By the end of 2026, Shenzhen plans to build over 1,200 low-altitude take-off and landing points and open more than 1,000 various low-altitude commercial flight routes [1]. - The city aims to achieve a coverage ratio of over 50% for helicopter and eVTOL take-off facilities within a 1-kilometer radius of built-up areas [1]. Group 2: Technological Advancements - Shenzhen will establish the world's first low-altitude intelligent integration system (SILAS) by 2026, ensuring comprehensive coverage of low-altitude communication, navigation, monitoring, and meteorological services [1]. - A modern low-altitude governance system will be fully established, covering airspace designation, traffic management, flight plan approval, and aircraft management services [1]. Group 3: Economic Growth and Performance - As of 2024, Shenzhen's low-altitude economy industry scale is expected to exceed 100 billion yuan, with over 700,000 drone flights annually, maintaining the top position in the country [2]. - According to the "Linkage Index" for urban low-altitude economies, Shenzhen ranks second nationally, with a particularly strong performance in environmental friendliness [2][3]. Group 4: Policy and Regulatory Framework - Shenzhen has introduced several policies to support low-altitude economic development, including the "Shenzhen Special Economic Zone Low-altitude Economic Industry Promotion Regulations" and the "Action Plan for Cultivating and Developing Low-altitude Economy and Aerospace Industry Clusters (2024-2025)" [4][5]. - The city emphasizes the need to accelerate the construction of low-altitude infrastructure to address existing shortcomings in both hard and soft infrastructure [4].

Core Insights - Shenzhen aims to become the "global low-altitude economy capital" by 2026, with a target of exceeding 130 billion yuan in low-altitude industry output value [1][2] - The plan emphasizes a comprehensive approach combining technology, scenarios, and ecosystems to develop low-altitude infrastructure and services [3][4] Infrastructure Development - By the end of 2026, Shenzhen plans to establish over 1,200 low-altitude takeoff and landing points and open more than 1,000 low-altitude commercial flight routes [3][4] - The city will also adapt existing helicopter landing sites for eVTOL use and create a public service network to meet various low-altitude flight service needs [4] Technological Advancements - Shenzhen will build a low-altitude intelligent integration system (SILAS) to manage over 1,000 low-altitude flight routes and support 3 million cargo drone flights annually [5] - The plan includes the establishment of a low-altitude communication network and monitoring system to ensure 24/7 oversight of key low-altitude airspace [5] Standardization and Policy - The plan highlights the need for standardized services and regulations, with a goal of having over 75% of the city's low-altitude airspace suitable for drone operations by 2026 [5][6] - Shenzhen aims to lead the development of industry standards for low-altitude equipment and safety protocols, which could enhance the overall industry framework [6]