Core Viewpoint - The report highlights a significant concentration trend in the global general aviation market by the first half of 2025, characterized by a "one strong, one super" competitive landscape, with Xirui leading the industry in terms of aircraft deliveries and market share [1] Company Summary - Xirui has delivered 350 aircraft with a year-on-year growth rate of 31.0%, holding a market share of 24.4%, demonstrating strong market leadership [1] - Despite a temporary fluctuation in the second quarter due to extended delivery cycles from new model launches, Xirui achieved a delivery volume of 200 aircraft with a quarter-on-quarter growth of 33.3%, showcasing robust market adaptability [1] Industry Summary - The global general aviation aircraft market is projected to show steady growth in the first half of 2025, with total deliveries reaching 1,432 aircraft, representing a year-on-year increase of 4.3% [1] - The market size is expected to exceed $1.225 billion, reflecting a year-on-year growth of 9.9%, significantly outpacing the delivery growth rate, indicating a positive trend in market value enhancement [1] - Looking ahead to the second half of the year, uncertainties in the general aviation supply chain are gradually easing, with manufacturers recovering production capacity; strong market demand persists, particularly with the acceleration of backlog order deliveries [1]