川渝之间的首条短途运输航线，于2024年12月正式通航，连接了四川北川—四川达州—重庆梁平三地。 目前，重庆万州、黔江、梁平、武隆、永川，四川成都、绵阳、达州等约20座城市加入低空航线图，多 个亿元级低空经济项目接连落地，连接川渝的低空经济走廊正逐步形成。 据川观新闻 此次跨省航线由一架固定翼通航飞机承担运输任务，共有两个座位，一名驾驶员负责开飞机，副驾座位 可供游客乘坐。目前票价暂未公开，游客可以在现场购票时了解。 凤仪湾国际飞行营地由滨水城乡公司开发运营，营地作为成渝地区重要的低空运动与旅游节点，已初步 形成多元业态，包括热气球观光、固定翼飞机及直升机体验等。下一步，将以此次跨省飞行为新起点， 整合成渝两地低空资源，探索拓展飞行培训、航空科普、空中物流等多元业态，打造区域低空经济示范 项目。 川渝低空走廊再添新航线 2月12日，记者从四川省港航投资集团旗下滨水城乡发展有限责任公司（以下简称"滨水城乡公司"）获 悉，南充凤仪湾至重庆梁平的低空航空器跨省飞行已于10日完成首飞，新航线即日起开通，春节假期正 式开通运营。春节期间，旅客可从南充打"飞的"到重庆，在提升出行效率的同时，还可以在空中欣赏巴 山蜀水。 ...

一旦正式投入运营，这条海上无人机航线将满足巨大配送需求，每天可从胡市内城向头顿地区运送 约3000至5000个重量低于2公斤的小包裹，从而为低空经济的发展创造巨大潜力，有助于缓解交通拥 堵，优化运营成本。胡市邮政局局长阮如顺表示，胡市力争构建一个绿色、智能、灵活的物流网络，以 满足数字时代可持续发展的要求。 据悉，CT无人机配备飞行监控摄像头和智能自主系统，平均飞行速度10-15米/秒，可在各种场景下 灵活操作。为确保民用活动安全和空域安全，飞行参数经过精心计算：最大飞行高度200米，飞行走廊 宽度300米，起降区域作业半径500米。 该款无人机可在复杂天气条件下应对各种物流作业场景，为无人机在沿海地区、岛屿及交通不便地 区等特定区域的物流应用奠定了基础，为低空经济的发展开辟了巨大潜力，如海上物流、海上检验监 测、海上医疗应急等。 （原标题：越南首次实验无人机跨海运输） 越通社2月12日报道，在胡志明市科技厅支持下，越南CT集团和越南邮政总公司当日完成越南首次 无人机跨海运输实验。在 15 分钟内，CT无人机携带 2 公斤有效载荷，往返胡市芹滁乡和头顿坊，航程 12 公里，运输效率比公路运输提高约6倍，运输时 ...

构建"低空经济+现代农业"新生态，需建立技术创新、政策保障和服务升级的立体化实施体系，通过系 统性解决方案突破产业融合的技术瓶颈与制度障碍，形成可推广、可复制的发展模式。 以技术创新为核心驱动，构建智能装备与数字平台的融合应用体系。技术创新是低空经济赋能农业的底 层支撑，应聚焦农业场景的特殊需求，推动无人机装备迭代与数字技术的深度融合。在智能装备研发领 域，针对山区运输、大田作业等复杂场景，需摆脱传统无人机载重小、续航短的限制，研发适应农业生 产的特种机型。在数字平台建设方面，需整合无人机采集的多光谱影像、地形数据与作物生长信息，构 建空天地一体化智能决策系统。江西省赣州市试点的"5G赣南果业大数据服务平台"，通过接入无人机 的实时监测数据，实现了脐橙果园病虫害预警、营养诊断以及精准施肥的全流程数字化管理，在提升脐 橙单产的同时减少了化肥用量。 以政策保障为制度支撑，完善空域管理与基础设施的配套体系。为保障低空经济的高质高效发展，应在 空域开放、审批流程和设施建设等方面形成系统性保障生态。在空域管理创新方面，各地应通过划定农 业专用空域走廊、设立先飞区试点等方式，破解低空资源利用的制度障碍。浙江省率先建立农业 ...

（来源：中国经济导报） 一是健全低空保险政策体系。加强各级低空经济发展规划政策对低空保险的支持，将保险作为强化场景 运营安全监管、健全事故处理制度的重要手段，鼓励低空经济各类经营主体有效运用保险机制。 二是加快建立无人驾驶航空器责任保险强制投保制度。对于按照法律法规应当投保责任保险的无人驾驶 航空器，推动加强投保情况核查，依法制定无人驾驶航空器责任保险强制投保实施办法，出台示范条 款。 三是强化服务保障体系建设。逐步建立覆盖低空全产业链的保险产品体系，提升无人驾驶航空器和传统 有人驾驶航空器保险供给和服务能力，面向各类应用场景提供针对性保险保障。 四是提升保险可持续经营能力。加快建设低空保险信息平台，探索低空保险信息平台与低空智能网联系 统对接，加强保险机构、再保险机构、保险专业中介机构等专业能力建设。 转自：中国经济导报 本报讯 记者杜壮报道 为加快建立健全低空保险政策体系，国家发展改革委、金融监管总局、中国民航 局近日联合印发《关于推动低空保险高质量发展的实施意见》，提出到2027年，无人驾驶航空器责任保 险强制投保制度初步建立，低空保险产品不断丰富，更好满足各类应用场景保障需求；到2030年，低空 保险 ...

Core Insights - WoFei ChangKong has completed a significant financing round of nearly 1 billion yuan, setting a record for the largest single financing in the low-altitude economy sector at the start of 2026 [2] - The rapid succession of financing rounds reflects strong market recognition of WoFei ChangKong's leading position in the industry and highlights the overall growth of the low-altitude economy [2] Financing and Investment - The latest financing round was led by CITIC Securities, with participation from several well-known institutions, indicating a diversified capital structure that supports the company's future development [3] - The financing will primarily be used for three key areas: finalizing airworthiness certification for the AE200 series, accelerating the production capacity of the global headquarters, and developing commercial models for low-altitude travel [7] Product Development and Competitive Advantage - WoFei ChangKong's AE200 series has demonstrated strong market competitiveness, with the first aircraft having been delivered in September 2025, marking a critical stage in its industrialization [4] - The company has established a comprehensive development capability that includes R&D, certification, production, and operation, creating a competitive barrier that is difficult to replicate [3][4] Supply Chain and Operational Strategy - The completion of the global headquarters base and partnerships with leading companies in the eVTOL motor sector are enhancing WoFei ChangKong's supply chain and production capabilities [6] - The company has successfully accumulated operational experience and has launched the first domestic "civil aviation + low-altitude travel" collaborative demonstration project, indicating progress in commercial operations [6] Industry Trends and Capital Dynamics - The financing success of WoFei ChangKong is seen as a positive signal for the industry, with capital increasingly concentrating on companies with core technologies and clear commercialization paths [8][10] - The current investment logic in the low-altitude economy has shifted towards longer investment cycles and a focus on resource integration and operational scenarios, rather than just short-term returns [11]

Investment Rating - The report gives a "Buy" rating for the company for the first time [5]. Core Insights - The company is a leading commercial entity in Xinjiang, focusing on the low-altitude economy and retail sector [2][8]. - The company has a stable business structure with supermarkets and department stores as core components, and it is responding to consumer demand by accelerating business transformation and enhancing supply chain management [8][9]. - The report predicts a positive trend in profitability, with expected earnings per share (EPS) of 0.18, 0.31, and 0.39 yuan for 2025, 2026, and 2027 respectively, and a target price of 12.09 yuan based on a 39 times price-to-earnings (PE) ratio for 2026 [8][9]. Financial Forecast and Investment Recommendations - The company's financial information for 2023 to 2027 shows projected revenue growth, with 2023 revenue at 2,494 million yuan, expected to decline slightly in 2024 to 2,409 million yuan, and then gradually increase to 2,746 million yuan by 2027 [4]. - Operating profit is forecasted to rise significantly from 199 million yuan in 2023 to 243 million yuan in 2027, reflecting a strong recovery in profitability [4]. - The net profit attributable to the parent company is expected to follow a similar trend, increasing from 162 million yuan in 2023 to 183 million yuan in 2027 [4]. - The report highlights a significant recovery in net profit margin, projected to rise from 2.4% in 2024 to 6.7% in 2027, indicating improved operational efficiency [4][8]. Company Overview - The company has been operating for 25 years, establishing itself as a leader in the Xinjiang retail market with a diverse portfolio including shopping centers, department stores, and supermarkets [12][16]. - As of mid-2025, the company operates 5 shopping centers, 6 department stores, and 11 independent supermarkets, covering a total area of over 1.07 million square meters [16][12]. - The company has a stable shareholding structure, with the founder maintaining significant control, which contributes to consistent management and strategic direction [20][23]. Market and Policy Environment - The retail industry is entering a new development phase supported by government policies aimed at boosting domestic consumption, with the company positioned to benefit from these trends [48][49]. - The report notes that the retail sector is a key focus for stimulating domestic demand, with expectations for improved performance as supportive policies are implemented [48][49]. - The company is also leveraging advancements in AI and low-altitude economy initiatives to enhance operational efficiency and supply chain capabilities [8][9].

（文章来源：证券日报） 证券日报网讯 2月13日，上海机场在互动平台回答投资者提问时表示，随着低空经济商业场景的持续丰 富，上海机场未来可以依托强大的航线网络和广泛的客货流资源进一步发挥服务和辐射长三角的作用。 公司将积极关注低空经济产业的政策走向、发展趋势及带来的产业机会。 ...

Core Insights - 2026 is a critical turning point for China's low-altitude economy, transitioning from policy frameworks to commercial realities [1] - Chongqing has introduced a unique strategy in the low-altitude economy, highlighted by the successful first flight of its eVTOL and the establishment of a significant industrial fund [2] - The competitive landscape in China's low-altitude economy is characterized by three distinct paths: Shenzhen's vertical integration, Guangzhou/Hefei's lead firm model, and Chongqing's system capability output [3] Group 1: Policy and Governance - The new Civil Aviation Law mandates provincial governments to enhance supportive policies, leading cities like Jinan and Huangshi to develop local governance frameworks for low-altitude flight services [1] - Chongqing's low-altitude economic development is marked by a focus on systematizing governance and operational standards, moving beyond mere product competition [2] Group 2: Competitive Landscape - The three paths in the low-altitude economy include Shenzhen's focus on vertical integration with over 15,000 industry chain enterprises, Guangzhou/Hefei's lead firm approach with companies like EHang, and Chongqing's emphasis on system capability output led by the Aerospace Science and Technology Group [3] - Chongqing's model is gaining value as it demonstrates effective airspace utilization and rapid administrative processes, contrasting with Guangdong's challenges in infrastructure [3] Group 3: Structural Framework - The establishment of the Chongqing Low Altitude Economic Development Company is part of a four-tiered structure involving national strategic interests and local operational management [4][5] - The first tier involves the China Aerospace Science and Technology Group, focusing on national security and economic growth, while the second tier is represented by the Aerospace Ninth Academy, which manages system operations [4][5] Group 4: Capital Dynamics - The 20 billion yuan Aerospace Industrial Fund in Chongqing represents a complex structure of financial and industrial capital, indicating a shift from project-based funding to asset-based investment [6] - This model suggests a market-driven expansion of the low-altitude economy, moving away from reliance on government subsidies [6] Group 5: Future Outlook - The low-altitude sector is expected to face challenges post-2026, including diminishing advantages in airworthiness and the need for robust infrastructure [8] - The ability to provide comprehensive solutions for airspace management and operational standards will become a critical competitive advantage [8][9] - The 2026 timeline is pivotal for defining the industry's structure, with a shift from product competition to comprehensive urban airspace management [10]

（文章来源：新华财经） 会议指出，"十四五"时期，我国低空产业发展取得积极成效，技术装备加快突破，场景应用多元拓 展。"十五五"时期，要认真贯彻落实党中央、国务院决策部署，充分认识我国低空产业发展面临的新形 势，统筹发展和安全，坚持政策支持和改革创新并举，推进科技创新和产业创新深度融合，强化企业创 新主体地位，加快培育产业集群，打造智能化、绿色化、融合化产业体系，稳妥推进低空产业安全有序 健康发展。 会议强调，要切实加强顶层谋划，做好规划编制工作，加大对低空产业创新发展的政策支持，加快标准 预研，建立健全产业标准体系。要着力筑牢安全底座，加强生产制造行业管理，高度重视低空无线电安 全、网络安全、数据安全，构建低空装备试验验证体系。要积极推进融合创新，强化行业基础共性技术 攻关，深化低空装备与新能源、新一代信息技术等产业协同，加速人工智能赋能。要大力营造良好环 境，有序拓展场景应用，强化场景牵引带动装备升级，深化高水平对外合作，夯实产业人才基础，为低 空经济战略性新兴产业发展提供有力保障。 新华财经北京2月13日电 2月13日，工业和信息化部召开低空产业发展领导小组全体会议。 ...

经济观察网东方中科（002819）于2025年12月与中山华特雅低空经济发展有限公司、深圳市城市交通规 划设计研究中心股份有限公司达成合作，签订中山无人机试飞测试基地项目与深圳坪山智能网联测试场 项目，并正式加入粤港澳大湾区低空经济产业联盟，标志着公司在低空经济领域的布局深化。低空经济 是近期市场热点，五部门发文提出到2027年低空公共航路地面移动通信网络覆盖率目标，相关概念股受 关注。 以上内容基于公开资料整理，不构成投资建议。 财报分析公司于2026年1月31日发布2025年业绩预告，预计净利润为-1.70亿元至-1.30亿元，同比变动区 间为18.73%至37.85%。前三季度数据显示，营业收入20.12亿元，同比增长3.24%，净利润为-8218.55万 元，同比增长2.04%。 股票近期走势截至2026年1月31日，东方中科股东户数为31323户，较1月20日减少3434户，环比下降 9.88%，为连续第二期下降。同期股价表现方面，2月6日披露数据时股价为27.52元，本期筹码集中以来 累计下跌6.11%；最新行情显示，2月13日收盘价为28.11元，近5日涨跌幅为2.85%，但20日涨跌幅仍 为- ...