深城交 20251107 摘要 深城交正转型为低空智能网联服务平台，聚焦硬件产品（信号机、边缘 计算网关、多功能路灯杆）迭代，并构建覆盖全域的低空塔台，利用深 圳硬件生态孵化新基建产品。 公司在深圳龙华设立 2000 平米测试场地，研发载人载物无人车，结合 城市底座和交通系统，差异化竞争。作为深圳协会长单位，与美团、京 东合作推动无人物流车跨区域运行。 深城交开发城市设施巡检设备（巡检无人车、机器狗、无人机），服务 城市治理，通过一网统推平台打通政府部门，实现片区巡检和基础设施 AI 检测，提高安全性。 深城交积极拓展国际市场，已在阿联酋获得软件订单，参与沙特智慧朝 拜人口管控系统和香港自动驾驶项目，竞标新加坡自动驾驶项目，推广 中国智慧城市经验。 公司调整内部组织架构，引进 ID 硬件及 AI 人才，传统岗位人员需转型 适应低空智能网联解决方案等新业务，规划咨询设计业务面向新领域， 力争 2025 年保持平稳发展。 Q&A 深城交在转型做产品方面的策略是什么？是否有自己的研发团队，竞争优势在 哪里？ 深城交目前的策略是最终实现总集成，即负责总装环节。核心算法等关键技术 由我们自主研发，而零部件则通过代加工方 ...

Investment Rating - Industry Rating: Recommended [4] Core Insights - The report emphasizes the acceleration of low-altitude intelligent network layout and the normalization of satellite constellation launches, which are expected to catalyze the application of low-altitude economy [2][13] - The "Jiutian" drone is set to make its maiden flight, with potential applications in logistics and aerial photography, paving the way for urban transportation and emergency rescue in the medium to long term [2][16] - The report highlights the strategic importance of low-altitude intelligent networks as a digital foundation for low-altitude economic development, ensuring efficient regulation and safe operations in an open airspace [8][12] Summary by Sections 1. "Jiutian" Drone Maiden Flight - The "Jiutian" drone features a wingspan of 25 meters, a maximum takeoff weight of 16 tons, and a maximum payload of 6 tons, with capabilities for various types of munitions [6][7] - The drone is designed by the Aviation Industry Corporation of China and is expected to complete its maiden flight by the end of June 2024 [6][7] 2. Low-altitude Intelligent Network Layout - The National Development and Reform Commission plans to promote policies for high-quality development of the low-altitude economy by 2025, including the research and layout of low-altitude intelligent networks [8][12] - The report outlines a three-tier architecture for the low-altitude intelligent network, including airborne terminals, data support layers, and application systems [11] 3. Investment Logic and Beneficiary Stocks - The report recommends continuous investment in the low-altitude sector, highlighting companies like China Telecom, China Mobile, and China Unicom for their roles in low-altitude intelligent network infrastructure [2][16] - Other beneficiary stocks include ZTE Corporation, Tongyu Communication, and Haige Communication, which are involved in various aspects of the low-altitude and satellite communication industries [2][16]