Core Viewpoint - Chuangjiang New Materials (002171.SZ) announced an investment of 300 million yuan to enhance the preparation technology of high-performance fiber preforms for aerospace composite materials, aiming to meet the growing market demand over the next decade [1] Group 1: Investment and Project Details - The investment will be made by the company's subsidiary, Jiangsu Tianniao High-tech Co., Ltd., to establish an industrialization project for aerospace composite materials [1] - The project targets the complex processes and structures of aerospace products, which require specialized equipment and have urgent tasks with short timelines [1] Group 2: Technological Focus and Development Strategy - The project will adhere to the development philosophy of designing, manufacturing, and equipping aerospace products in a generational manner, focusing on cutting-edge international technologies [1] - It will leverage research platforms such as the Jiangsu Provincial Academician Workstation and the Jiangsu Provincial Carbon Fiber Weaving Engineering Center to drive research and innovation in critical technologies related to new materials, new technologies, and new equipment [1] Group 3: Goals and Contributions - The initiative aims to accelerate the construction of automated, digital, and intelligent equipment, overcoming manufacturing bottlenecks in aerospace composite materials and their high-performance fiber preforms [1] - The project seeks to achieve self-controllable technology in processes and equipment, industrializing key materials and expanding into new application fields, thereby contributing to the development of China's aerospace and new materials technology [1]

Core Insights - The aerospace industry is experiencing a significant transformation driven by advancements in new materials, particularly composite materials, which are essential for meeting the demands of weight reduction, increased range, and cost efficiency in aerospace applications [1][2][5]. Group 1: Aerospace Material Innovations - The shift from traditional metal materials to advanced composite materials is crucial for the aerospace sector, with carbon fiber composites being highlighted for their lightweight and high-strength properties [2][3]. - The global aerospace composite materials market is projected to reach approximately 428.54 billion yuan by 2029, indicating a robust growth trajectory [1]. - Carbon fiber composites are becoming increasingly important in the aerospace field, with applications in both manned and unmanned aerial vehicles, significantly enhancing performance metrics such as range and fuel efficiency [2][3]. Group 2: Low-altitude Economy and eVTOL Development - The eVTOL (electric Vertical Take-Off and Landing) industry is expected to see a dramatic increase in demand for composite materials, with projections indicating a rise from approximately 500 tons in 2024 to 11,750 tons by 2030, reflecting a growth rate of about 22.5 times [3]. - Companies are forming partnerships to advance the lightweighting of aircraft, which is essential for the development of a comprehensive transportation network that integrates ground and air travel [3]. Group 3: Domestic Innovation and Market Growth - China's aerospace materials sector is in a phase of self-innovation, with increasing domestic production rates of high-end composite and alloy materials, supporting the mass application of domestic aircraft and low-altitude vehicles [4][5]. - The aerospace equipment industry is transitioning from a scale of hundreds of billions to trillions, with new materials playing a pivotal role in this evolution [5]. Group 4: Additive Manufacturing and Future Prospects - The commercial space industry is demanding more complex materials, particularly for reusable rocket technologies, which require materials that can withstand extreme temperatures and conditions [6][7]. - Additive manufacturing (3D printing) is emerging as a key technology in the aerospace sector, enabling the production of complex components while reducing costs and production times [6][7]. - The domestic market for additive manufacturing in the commercial space sector is expected to range between 10.5 billion yuan and 24 billion yuan from 2025 to 2030, highlighting significant growth potential [7].