掘金北斗业务市场空间 日前，航天宏图披露半年报，数据显示，今年上半年公司经营业绩仍保持快速增长，实现营业收入2.08 亿元，同比增长70.58%，归属于上市公司股东的净利润为269.78万元，同比扭亏为盈。 "公司在巩固现有业务的同时，不断突破遥感应用边界，探索新的业务增长点。"航天宏图方面表示，今 年上半年，公司利用遥感和北斗技术的成果积累，融合VR/AR技术，集成多学科、多尺度的仿真过程 及地理信息等技术，以数字化方式再现真实世界的三维场景，凭借客户资源优势，逐步拓展军用仿真市 场。 转型进度加快 谈及业绩变化的原因，航天宏图方面表示，2020年上半年，宏观经济环境下滑和新冠肺炎疫情蔓延对公 司经营发展提出了较大的挑战，公司紧密围绕董事会制订的发展战略和年度经营目标，积极拓展公司业 务，深化公司IPD改革，完善公司信息化建设，保障项目有序实施。 在安信证券方面看来，航天宏图实现业绩扭亏为盈的原因之一在于公司费用控制成效显著。数据显示， 在成本方面，航天宏图上半年毛利率较去年同期下降4.41%;费用方面，期间费用率较去年同期大幅下降 28.86%，其中销售费用率下降10.16%，管理费用率下降17.93%; ...

Group 1 - The company has established a dual-driven layout in Hainan focusing on "Beidou + Digital Transportation" and "Data Elements + Smart Governance" [2] - The company is actively participating in the ecological construction of Hainan's data exchange and data supermarket [2] - The Hainan customs closure policy significantly benefits the company's promotion of Beidou applications and data element business in Hainan [2]

Core Insights - The Beidou system has achieved a scale of 575.8 billion yuan, with nearly 50 million applications in key industries and over 2 billion units in consumer applications [1][3] - The fourth Beidou Scale Application International Summit showcased the integration of Beidou technology into daily life and various industries, highlighting its rapid development and application [2][5] Industry Applications - Beidou technology is being applied across various sectors, including transportation, healthcare, agriculture, and industrial manufacturing, with an application penetration rate exceeding 85% in major domestic industries [4][5] - The summit introduced 33 new products, technologies, and applications that demonstrate the latest achievements in Beidou's core technology breakthroughs and large-scale implementation [2][4] Technological Advancements - Beidou's positioning accuracy has improved from ten meters to sub-meter level, with global signal coverage extending to over 200 countries and regions [6][7] - New research institutions and innovative training models are being established to support the continuous innovation of Beidou technology, focusing on high-precision positioning even in challenging environments [7][8] Future Development - Experts believe that the integration of Beidou with advanced technologies such as artificial intelligence and low-altitude economy will drive significant growth in new applications [5][6] - The establishment of the first Beidou laboratory alliance aims to enhance collaboration among various research institutions and promote technological breakthroughs in the Beidou field [7][8]

Core Insights - The fourth Beidou Scale Application International Summit showcased advancements in Beidou technology, including the launch of the new Beidou III short message communication SoC chip, which captures satellite signals in under 2 seconds [1][2] - A total of 33 new Beidou-related products and technologies were released, highlighting the system's growing scale and international application [2][3] - The Beidou system is increasingly integrated into various sectors, including emergency rescue, marine fisheries, and smart consumer devices [3] Industry Developments - The summit featured 112 exhibiting companies, including major players like China Telecom and Gaode Map, showcasing products such as drones and Beidou chips [1][2] - The integration of Beidou technology into outdoor gear, such as jackets with satellite communication capabilities, demonstrates its application in remote areas [2] - The summit emphasized the importance of Beidou chips in various professional fields and their potential for consumer electronics like smartphones and smartwatches [3] Regional Applications - Local governments, including those from Hunan and Shandong, showcased their initiatives to integrate Beidou technology into regional industries, such as marine monitoring and rescue systems [4][5] - Meituan's deployment of over 2.63 million shared bikes equipped with Beidou high-precision positioning technology highlights the system's penetration into the shared mobility sector [5] - Hunan province aims to achieve a total Beidou industry output value of 610 billion yuan in 2024, accounting for 10.6% of the national total [6] Market Statistics - The Beidou industry is projected to reach a total output value of 575.8 billion yuan in 2024, with a year-on-year growth of 7.39% [5] - The smartphone market is expected to see 98% of devices supporting Beidou positioning by 2024, indicating a significant market penetration [5] - The transportation sector has adopted over 30 million Beidou terminals, covering various modes of transport [5]

Group 1: Beidou Applications in Agriculture - The "Beidou Empowering Agricultural Machinery Operations" case demonstrates significant cost reductions, achieving a decrease of approximately 100 yuan per mu in planting costs and a 40% reduction in machinery idle rates [1] - The Jiangsu Beidou Agricultural Machinery Technology Co., Ltd. has promoted over 1,000 terminal units, serving more than 2.6 million mu of land, and facilitated over 900 transactions through its digital platform, increasing cooperative service area by 30% [1] Group 2: Beidou Applications in Forestry - The helmet-style Beidou communication positioning system developed by Jiangsu Xingyu Chip Union Electronic Technology Co., Ltd. enhances disaster relief in forestry, achieving a horizontal positioning accuracy of ≤5 meters and a short message communication success rate exceeding 95% [2] - This system has been deployed in several forestry sites, with 1,028 units sold, generating sales revenue of 1.746 million yuan [2] Group 3: Beidou Applications in Drone Regulation - The "Beidou + Existing Drone Precision Supervision" project addresses regulatory challenges in the low-altitude sector, enabling real-time identification and tracking of drones with a positioning error of ≤3 meters [2][3] - The project has improved flight plan review efficiency by over 90% and increased daily takeoff and landing volumes by three times, with 200 units promoted from a registered base of over 3,000 drones [3] Group 4: National Pilot City for Beidou Applications - Nanjing has been selected as a national pilot city for Beidou applications, focusing on consumer, industrial manufacturing, and integrated innovation sectors, enhancing the resilience of the Beidou industry foundation [3] - The city aims to accelerate the construction of Beidou infrastructure and improve application penetration in various fields, including low-altitude economy and smart connected vehicles [3]

Core Insights - The Fourth Beidou Scale Application International Summit opened in Zhuzhou, Hunan, showcasing 33 innovative Beidou-related products and technologies across various sectors [1][2] - The summit's theme is "Connecting the World with Beidou - Intelligent Time and Space," featuring a 50,000 square meter demonstration area with over a thousand application scenarios [1] - By the end of 2024, the scale of China's Beidou industry is projected to reach 575.8 billion RMB, with an average annual growth rate exceeding 8% during the 14th Five-Year Plan period [1] Industry Developments - The 33 new products and technologies include applications in transportation, emergency response, communication, and forestry, marking the first official release of Beidou chips, modules, terminals, and comprehensive solutions [1] - Notable innovations include the "Beidou Voice Message Technology" for emergency voice distress signals and the "Easy Measurement" high-precision Beidou products addressing industry challenges [1] - The summit attracted representatives from 24 countries and five international organizations, highlighting global interest in Beidou applications [2] Strategic Collaborations - China has reached consensus on Beidou application cooperation with multiple countries, with products being widely used in Asia and Africa, enhancing sectors such as transportation, electricity, construction, and oil exploration [1]

Core Viewpoint - The Ministry of Industry and Information Technology and the State Administration for Market Regulation jointly issued the "Action Plan for Steady Growth of the Electronic Information Manufacturing Industry 2025-2026," outlining 16 specific measures for industry development across three dimensions: industrial upgrading, market facilitation, and innovation integration [1][2]. Group 1: Industry Growth Targets - The plan sets a target for the average growth rate of the value-added output of large-scale computer, communication, and other electronic equipment manufacturing industries to be around 7% from 2025 to 2026, with an overall annual revenue growth rate of over 5% when including related fields such as lithium batteries and photovoltaics [1]. - By 2026, the electronic information manufacturing industry is expected to maintain the highest revenue scale and export ratio among 41 industrial categories, with five provinces achieving over 1 trillion yuan in revenue [1]. - The server industry is projected to exceed 400 billion yuan, and the domestic market penetration rate for color TVs of 75 inches and above is expected to surpass 40% [1]. Group 2: Industry Upgrading and Innovation - The plan emphasizes industrial transformation and upgrading as a core strategy for steady growth, focusing on enhancing the quality of the supply system in key areas [1]. - In the field of artificial intelligence terminals, the plan encourages deep integration of intelligent systems with terminal products and the establishment of standards for intelligent classification [2]. - It also highlights the need to accelerate technological breakthroughs in key components for 5G/6G and strengthen the technological foundation of the communication industry [1][2]. Group 3: Market Expansion and Consumer Support - The plan proposes systematic governance measures to address "involution" competition in fields like photovoltaics, including legal regulation of low-price competition and promoting orderly capacity adjustments [2]. - It aims to expand consumption scenarios by enhancing the design of smart products for the elderly and increasing the supply of smart health and elderly care terminals [2]. - The plan also focuses on advancing the construction of advanced computing systems, such as AI servers and efficient storage, to support sectors like scientific research and autonomous driving [2]. Group 4: Financial and Industrial Integration - The plan calls for the establishment of a financial service system that aligns with industrial innovation, leveraging various national funds to guide investment in hard technology [3]. - It encourages reasonable mergers, restructuring, and transformation of enterprises to promote a virtuous cycle of fundraising, investment, management, and exit [3]. - The electronic information manufacturing industry has become a significant engine for industrial growth, with a reported year-on-year increase of 11.1% in value-added output for large-scale electronic information manufacturing in the first half of the year [3].

Core Viewpoint - The Ministry of Industry and Information Technology and the State Administration for Market Regulation jointly issued the "Action Plan for Stable Growth of the Electronic Information Manufacturing Industry 2025-2026," outlining 16 specific measures to guide the development of the electronic information manufacturing industry through industrial upgrading, market facilitation, and innovation integration [1][2]. Group 1: Industry Growth Targets - The plan sets a target for the average growth rate of the value added in the computer, communication, and other electronic equipment manufacturing industries to be around 7% from 2025 to 2026, with an overall annual revenue growth rate of over 5% when including related fields such as lithium batteries and photovoltaics [1]. - By 2026, the electronic information manufacturing industry is expected to maintain the highest revenue scale and export ratio among 41 industrial categories, with five provinces achieving over 1 trillion yuan in revenue [1]. - The server industry is projected to exceed 400 billion yuan, and the domestic market penetration rate for color televisions of 75 inches and above is expected to surpass 40% [1]. Group 2: Industry Upgrading and Innovation - The plan emphasizes industrial transformation and upgrading as a core strategy for stable growth, focusing on enhancing the quality of the supply system in key areas [1]. - In the field of artificial intelligence terminals, the plan encourages deep integration of intelligent systems with terminal products and the establishment of standards for intelligent classification [2]. - It also highlights the need for accelerated technological breakthroughs in key components for 5G/6G and the strengthening of the technological foundation for the communication industry [1][2]. Group 3: Market Expansion and Consumer Support - The plan proposes systematic governance measures to address "involution" competition in fields like photovoltaics, including legal regulation of low-price competition and promoting orderly capacity adjustments [2]. - It aims to expand consumption scenarios by enhancing the design of smart products for the elderly and increasing the supply of smart health and elderly care terminals [2]. - The plan also supports the development of advanced computing systems in artificial intelligence servers and efficient storage, facilitating applications in scientific research and autonomous driving [2]. Group 4: Financial and Industrial Cooperation - The plan calls for the establishment of a financial service system that aligns with industrial innovation, leveraging various national funds to guide investment in hard technology [3]. - It encourages reasonable mergers, restructuring, and transformation of enterprises to promote a virtuous cycle of fundraising, investment, management, and exit [3]. - The electronic information manufacturing industry has become a significant engine for industrial growth, with a reported year-on-year increase of 11.1% in value added for large-scale electronic information manufacturing in the first half of the year, outperforming overall industrial growth [3].

Core Viewpoint - The company is actively engaging in the development and application of Beidou technology in the Hainan Free Trade Zone, focusing on various sectors including intelligent vehicle terminals, integrated vehicle-road-cloud platforms, insurance technology, and smart traffic management [1] Group 1 - The company has established a leading position in the large-scale application of Beidou technology within the Hainan Free Trade Zone [1] - The business scope includes vehicle-mounted intelligent terminal installation, integrated vehicle-road-cloud platform construction, insurance technology risk reduction, and smart traffic management [1] - The company is participating in legislative and demonstration work related to Beidou free flow, promoting the implementation of free flow charging and smart governance applications [1] Group 2 - The company is leveraging the policy advantages of the Hainan Free Trade Zone to explore compliant circulation and value transformation of data elements [1] - The initiatives contribute to the construction of a strong transportation nation and digital China [1]

Group 1 - The Ministry of Industry and Information Technology announced a list of pilot cities for the Beidou application, with Dali Prefecture being included among 39 cities from 22 provinces [1] - The "2025 Cross-Strait Smart City Seminar" was held in Dali, focusing on key areas such as urban management, smart manufacturing, IoT, green energy, and smart transportation [1][2] - The seminar aimed to build a high-level cooperation platform to promote deep integration of industrial chains, innovation chains, and talent chains [1][2] Group 2 - Key representatives from major companies and research institutions from both sides of the Taiwan Strait participated in the seminar, discussing core topics related to smart cities [2] - The Future Mobile Communication Forum emphasized the significant potential for cooperation in smart city construction between the two sides [2][3] - The seminar highlighted the current critical period for industrial transformation, driven by low-orbit communication, AI, and widespread data center construction [2] Group 3 - The Dali Research Institute aims to create a modern spatial foundation for smart city construction, leveraging the Beidou satellite navigation system [3] - Dali Prefecture is recognized for its unique natural resources and open business environment, making it an ideal location for smart city development [4] - The Dali Research Institute is positioned as a comprehensive research think tank and technology innovation platform, focusing on the application of Beidou technology in smart city construction [4] Group 4 - Dali's tourism industry is projected to attract over 110 million visitors in 2024, presenting new challenges for urban management and emergency services [5] - The Dali Research Institute and Zhongke Jingshang Technology Co., Ltd. are responding to these challenges by integrating Beidou technology with 5G, IoT, and big data to enhance urban services [5] - A real-time dynamic map based on Beidou technology is being developed to support Dali's goal of becoming a "Beidou Tourism City" [5][6] Group 5 - The Dali Research Institute's Beidou tourism map supports technological innovation and industrial application in high-traffic scenarios, extending its influence beyond Dali to Southeast Asia [6] - Xiangwang Technology, a leading company in slow transportation services, has developed smart electric vehicles based on local needs and the Beidou system [6][7] - The integration of smart city construction and Beidou applications is attracting high-end talent to Dali, fostering the rapid development of new intelligent industries [7]