从列装作战部队到换装"中国心" 从飞越天安门接受检阅 到执行重大护航任务 歼-20的航迹遍布祖国长空 转自：四川在线 歼-20首飞15周年 15年前的1月11日 一声轰鸣划破天空 歼-20"威龙"首架技术验证机腾空而起 以惊鸿之姿开启中国空军"20"时代！ 这一飞 不仅是中国航空工业的里程碑 更让无数国人热泪盈眶！ 歼-20。图源新华网 15年间 我们见证它从首飞惊艳到公开亮相航展 歼-20首飞15周年 它每一次腾空 都是国防实力展示的注脚 它每一次亮相 都激荡着亿万国民的自豪 歼-20。图源新华社 值此首飞15周年之际，四川省全民国防教育宣教中心、航空工业成飞、航空工业成都所联合川观新闻，特别推出"空天逐梦·我与'威龙'同行"的 线上活动。在指尖的触碰间，拼出属于中国空军的荣耀航迹，感受大国重器的成长脉搏。 点击下图参与活动，重温"威龙"高光时刻，致敬守护蓝天的力量！还有精美海报和歼-20机模等礼品，等你解锁↓↓ 点击图片参与活动↑ 统筹：任鸿 孙琪 主创：张蒙 周志敏 郭雨迪 王万航 技术：刘畅 张豪 设计：王玉雅文 曾慧 四川省全民国防教育宣教中心 川观新闻 联合出品 ...

2011年1月11日，歼-20一飞冲天，经过约18分钟的飞行后平稳着陆，首飞取得圆满成功。歼-20的成功 首飞，标志着我国成为世界上少数能够自主研发隐身战斗机的国家，实现了航空工业的历史性跨越。 责任编辑：常方卉 ...

转自：北京日报客户端 今天 也将一个真理刻进历史 中国人的天空，必须掌握在自己手中 新中国航空工业 在抗美援朝的烽火硝烟中诞生 是值得每一个中国人铭记的日子 75年前的今天 1950年12月24日 长津湖战役胜利 中国人民志愿军 在极寒绝境中挡住冰冷的战火 为亿万国人拼来了真正的平安 航空人在许党报国的壮阔征程中 筑起守护祖国蓝天的空中长城 57年前的今天 1968年12月24日 轰6首飞成功 填补了我国轰炸机制造的空白 揭开了新中国航空工业崭新的一页 57年来 轰6系列不断蜕变升级 始终是共和国最可靠的空中钢铁长城 在这个特殊的日子 让我们一同回望 轰6的不老传说 划时代的起飞 1968年12月24日，轰6在阎良首飞成功。它的诞生，填补了我国中远程轰炸机的空白。轰6是在苏联 图-16轰炸机基础上研制的高亚声速轰炸机，由中航西飞自行试制，是当时我国制造的吨位最大、结构 最复杂的飞机，应用了大量新技术、新材料和新工艺。轰6于1969年装备空军服役。 大国重器的精彩航迹 自诞生以来 轰6系列不断展翅 飞向远海逐梦蓝天 單展长空 1984年,在国庆35周年阅兵式 上,18架轰6飞越天安门广场, 首次接受祖国和人民的 ...

Core Viewpoint - The Tianjin International Helicopter Expo showcased advanced helicopter models, particularly the Z-20T, highlighting the progress in China's military aviation capabilities and the confidence of pilots in executing complex maneuvers [1][2]. Group 1: Helicopter Performance - The Z-20T, a new assault transport helicopter, demonstrated its stability and maneuverability through various aerial stunts during the exhibition [1]. - The Z-10 helicopters performed a synchronized maneuver known as "four machines blooming," showcasing their precision flying at a dangerously close distance of 15 meters [2]. Group 2: Pilot Experience and Development - Pilots like Zhang Bingqian expressed confidence in their skills, attributing their performance to the continuous development of military equipment [2]. - Zhang Bingqian has accumulated over 3,200 flight hours, reflecting the evolution of helicopter capabilities from basic maneuvers to advanced aerial displays [2]. Group 3: Audience Engagement - The event attracted a diverse audience, including students who expressed admiration for the performances and gained insights into aviation technology and military strength [2]. - The commentary during the flight displays emphasized the establishment of a modern air-ground combat system by the Chinese Army Aviation [2].

Core Viewpoint - The upcoming 55th Paris Air Show in June 2025 will showcase China's significant advancements in aviation technology, marking its transition from a "follower" to a "leader" in the global aerospace industry [1]. Group 1: Military Aircraft Segment - The J-20, China's first fifth-generation stealth fighter, will enhance international market confidence with its supercruise capability and advanced information warfare capabilities [3]. - The J-35A, a multi-role stealth fighter, is designed to meet both air force and navy needs, showcasing advanced radar and infrared control technologies [4]. - The Y-20 strategic transport aircraft and Z-20 utility helicopter highlight China's global competitiveness in strategic airlift and general aviation [6]. Group 2: Unmanned Aerial Vehicles (UAVs) - The Attack-11, a stealth unmanned combat platform, is positioned as a new favorite in the high-end UAV market, reflecting China's strategic focus on unmanned systems [7]. - The Wing Loong series, particularly the Wing Loong-2H, has proven its effectiveness in various regions, enhancing its appeal in the global military trade market [8]. - The Xunhe series of small UAVs, such as the Xunhe-500W, demonstrates versatility in emergency rescue and agricultural monitoring applications [9]. Group 3: Civil Aviation Segment - The AG600M, the world's largest amphibious aircraft, is set to enhance China's international emergency rescue capabilities [10]. - The AC352, a product of Sino-French collaboration, targets the growing civil helicopter market in Southeast Asia and Africa, emphasizing comfort and cost-effectiveness [11]. Group 4: Market Insights - The global military trade delivery total is projected to exceed $120 billion in 2024, with aviation equipment accounting for over 40% of this market [13]. - China's military equipment is known for its cost-effectiveness, and recent advancements in stealth and information warfare technologies are enhancing its competitive edge [14]. - China's military industrial cooperation has evolved from merely exporting weapons to technology collaboration and production line licensing, as seen in projects with Pakistan and Indonesia [15]. Group 5: Future Outlook - The Paris Air Show represents a starting point for opportunities, supported by China's "14th Five-Year Plan" for high-end manufacturing and the transition in military trade from quantity to quality [18]. - Future advancements will focus on sixth-generation fighters, hypersonic vehicles, and intelligent unmanned systems to secure a leading position in next-generation aviation technology [19]. - The reliability and brand recognition of Chinese equipment are expected to open new markets in both traditional and emerging regions [20]. - The internationalization of civil aircraft like the AG600M and AC352 indicates a shift towards military-civilian integration, with potential growth in large aircraft and low-altitude economy sectors [21].

Core Viewpoint - The company maintains a stable credit rating outlook due to its strong market position in the automotive parts industry and anticipated growth in its new energy vehicle components segment, despite facing challenges from market fluctuations and pricing pressures [2][4][5]. Financial Performance - The company's total assets increased to 64.45 billion, up from 62.22 billion, with equity rising to 31.30 billion from 30.24 billion [2][3]. - Net profit for the company was reported at 3.21 billion, reflecting a growth from previous periods [3]. - The operating cash flow showed a significant improvement, with a net cash flow of 6.11 billion compared to -1.19 billion in the previous year [3]. Business Segments - The automotive parts segment, particularly the synchronizer business, is the main revenue driver, with a market share increase and stable customer relationships with major clients like Magna and Volkswagen [2][15]. - The new energy vehicle components segment is expected to see substantial growth, with a projected revenue increase of 72.80% in 2024 due to the ramp-up of differential assembly production [4][16]. - The aerospace components segment also showed a positive trend, with revenue expected to rise to 2.83 billion, marking a 27.71% increase [4]. Market Environment - The automotive industry in China is projected to continue its growth trajectory, with new energy vehicles achieving sales of 1,286.6 million units in 2024, a 35.5% increase year-on-year [10][11]. - The competitive landscape remains challenging, with price wars among manufacturers leading to pressure on profit margins for parts suppliers [11][12]. Risks and Challenges - The company faces potential capacity digestion issues in its synchronizer products and new energy segments due to market volatility and customer pricing pressures [4][5]. - High dependency on a few key clients in the aerospace segment poses operational risks, particularly regarding cash flow and working capital [4][5]. - The company has a significant amount of restricted assets, amounting to 19.81 billion, which could pose risks if operational performance does not meet expectations [5]. Future Outlook - The company is expected to benefit from the ongoing transition to new energy vehicles, with plans to enhance production capabilities in this area [4][16]. - The credit rating agency maintains a stable outlook for the company, anticipating continued revenue growth driven by both traditional and new energy vehicle segments [5][6].