SHENYANG, China, Sept. 30, 2025 (GLOBE NEWSWIRE) -- On September 29, the 2025 Liaoning Aviation Industry Development Conference and the Shenyang Faku International Flight Conference opened at Faku Caihu Airport. Wang Xinwei, Deputy Secretary of the CPC Liaoning Provincial Committee and Governor of Liaoning Province, delivered a speech and officially announced the opening of the event. A Media Snippet accompanying this announcement is available by clicking on this link. At the opening ceremony, the Shenyang ...

Industry Overview - The rise of electric vertical take-off and landing aircraft (eVTOL) opens new horizons for city mobility, offering greater safety, lower noise, and improved performance and cost efficiency [1] - The low-altitude economy is seen as a strategic frontier for global competition and a leap in human civilization [1] Key Challenges - Industry faces challenges such as technological breakthroughs, noise control, and safety systems [1] - Real accident cases highlight the vital role of ducted design [1] Vision - Envisions limitless new connections between people and cultures from the vantage point in the skies [1]

来源：钛媒体 AsianFin -- AutoNavi, the Alibaba-backed digital mapping firm better known for its Gaode Maps app, is pivoting from ground navigation to the skies, betting that China's emerging low-altitude economy will be a multi-billion-yuan market in the coming decade. On July 30, AutoNavi announced a strategic partnership with Shenzhen's Longgang District to co-develop infrastructure and digital services for aerial mobility, spanning areas such as intelligent driving, urban airspace management, drone delivery, a ...

Core Points - The event "2025 Innovation Heroes Gathering" aims to promote entrepreneurship and innovation in Guangdong, showcasing successful entrepreneurial stories and projects since its inception in 2019 [1][4] - The first event in Shenzhen focuses on "Chip and Air Connectivity" and highlights the city's strengths in semiconductor and AI industries, providing a fertile ground for entrepreneurs [4][6] Group 1 - The "2025 Innovation Heroes Gathering" is a collaborative initiative by the Guangdong Provincial Human Resources and Social Security Department and Guangdong Radio and Television Station, designed to encourage high-quality entrepreneurial entities [4] - The event integrates various elements such as sharing entrepreneurial stories, expert guidance, policy interpretation, trend analysis, and addressing entrepreneurial challenges, signaling a supportive environment for entrepreneurship [4][6] - The choice of Shenzhen as the first venue reflects the city's pioneering spirit and aligns with Guangdong's strategic development goals, particularly in high-tech sectors [4][6] Group 2 - The event features inspiring entrepreneurial stories, such as the AI inspection system developed by the team from Tianxun Zhifei, which boasts a 99% accuracy rate and aims to enhance efficiency in various sectors [6][8] - Another highlighted story is that of Tan Zhangxi, founder of Ruisi Chip, who returned to China to develop the first domestically produced high-performance RISC-V server chip, marking a significant step in domestic technology advancement [8][10] - The "AI Smart Employee" initiative by Hu Wei, founder of Jintalent, has already covered 70 job roles and served over 1 million people, showcasing the city's supportive environment for innovation [10] Group 3 - The "1+N" carnival model adopted by the event aims to provide comprehensive services including policy interpretation, trend analysis, financing connections, and industry incubation, enhancing the overall entrepreneurial ecosystem [12] - The event also includes activities like the "Unicorn Acceleration Camp" for financing connections, facilitating direct interactions between innovative projects and investment institutions [12][14] - A recruitment plan called "Chuangxiang Zhuolang Tuan" aims to engage 100 members per event, including entrepreneurs and students, fostering interaction and knowledge exchange [14]

Market Opportunity - The global UAM/eVTOL market is projected to grow from $3 billion in 2025 to $23 billion in 2030 and $61 billion in 2035, representing a CAGR of 85%[12] - China's low-altitude economy market size surpassed RMB 500 billion in 2023 and is estimated to reach RMB 2 trillion by 2030[15] - By 2030, it is estimated that 100,000 eVTOLs will enter households or become air taxis[18] Product and Technology - EHang has launched autonomous eVTOLs and obtained pilotless eVTOL TC, PC, AC and OC from CAAC[10] - The company has a global flight footprint in 19 countries as of March 31, 2025[10, 93] - EHang has 746 issued and pending patents as of March 31, 2025[10] - The company plans to unveil the VT35, a next-generation long-range pilotless human-carrying lift-and-cruise eVTOL, in the third quarter of 2025[27] Regulatory and Policy Support - China is implementing favorable policies and regulations to support the UAM/low-altitude economy, including the establishment of national departments and comprehensive transportation networks[60] - Over 59 cities across China have prioritized the development of the low-altitude economy in their 2024 government plans[61] - Multiple cities and provinces are offering operational subsidies and manufacturing incentives for eVTOL operations, such as a reward of RMB 400,000 for launching a new route in Hubei[63] Strategic Partnerships and Production - Guangzhou city established a low-altitude industry venture capital fund with a size of RMB 10 billion[66] - Suzhou has newly signed 16 low-altitude economy industry funds with a total scale exceeding RMB 20 billion this year[66] - EHang is planning to expand its Yunfu Manufacturing Base to an annual production capacity of 1,000 units by 2025[68]

Core Insights - Zhibao Technology's subsidiary, Sunshine Insurance Brokers, has entered a strategic partnership with F+More to tap into China's low-altitude economy insurance market, projected to reach RMB 3.5 trillion by 2035 [2][6][10] - The partnership aims to leverage Sunshine's digital insurance brokerage capabilities and F+More's expertise in the low-altitude economy to create customized insurance products for the drone sector [4][10] Company Overview - Zhibao Technology Inc. is a leading InsurTech company in China, focusing on digital insurance brokerage services and has pioneered a B2B2C digital embedded insurance model [11] - Sunshine Insurance Brokers has launched digital insurance brokerage services for F+More's clients, aiming to cover all provinces in China [3][4] Market Opportunity - The low-altitude economy, which includes commercial drones and urban air mobility, is expected to grow significantly, with the low-altitude insurance market projected to reach RMB 8-10 billion by 2035 [6][7] - The low-altitude airspace economy in China exceeded RMB 500 billion in 2023, indicating substantial growth potential for specialized insurance providers [6] Strategic Collaboration - The partnership integrates real-time flight data with risk assessment mechanisms, enabling rapid policy customization and automated claims processing [4][5] - Both companies aim to establish competitive advantages in the low-altitude insurance landscape through joint development of insurance products [4][5] Industry Developments - Recent advancements, such as the successful public road test flight of a flying car, signal a shift towards commercialization in the low-altitude economy [8] - China is positioned to benefit from these trends due to its strategic advantages in drone technology and logistics [8][9]

Global Carbon-Carbon Composite Materials Market Overview - The global carbon-carbon composite materials market is projected to reach $2007.30 million in 2024 and is expected to decline to $1971.21 million by 2031, with a CAGR of -0.26% [6] - The Chinese market is rapidly evolving, with a market size of $422.54 million in 2024, accounting for approximately 21.05% of the global market, and expected to grow to $474.07 million by 2031, reaching 24.05% of the global share [6] Product Types and Applications - The chemical vapor deposition (CVD) segment is anticipated to have a global market size of $1212.34 million in 2024, representing 60.40% of the market, but is projected to decline to $1185.58 million by 2031, with a CAGR of -0.03% from 2025 to 2031 [6] - The CZ and DSS furnace applications are significant, with a global market size of $561.82 million in 2024, accounting for 27.99% of the market, and expected to decrease to $284.16 million by 2031, reflecting a CAGR of -9.59% from 2025 to 2031 [6] Industry Competitors - Major global players include SGL Carbon, Toyo Tanso, Tokai Carbon, Nippon Carbon, and MERSEN BENELUX, with the top five companies holding over 48.78% market share in 2024 [7] - Competition is expected to intensify in the coming years, particularly in the Chinese market [7] Current Industry Status and Innovations - Carbon-carbon composites are characterized by low density (<2.0 g/cm³), high thermal conductivity, and high-temperature resistance (up to 2600°C), making them suitable for extreme environments [10] - Production techniques such as CVD and liquid phase impregnation are maturing, but high costs and complex processes remain significant challenges [10] Technological Innovations - Innovations focus on process optimization to reduce costs and enhance product stability, development of low-cost graphite-based composites, and the application of 3D printing technology for mass production of complex components [11] Policy Environment and Domestic Substitution - The Chinese government has classified carbon-carbon composites as a strategic emerging industry, providing tax incentives, funding support, and technical research initiatives to promote industry upgrades [12] - The domestic substitution opportunities are highlighted by the acceleration of the C919 and C929 aircraft projects, which create urgent demand for domestic materials [13] Military Demand and Market Dynamics - The increasing reliance on multifunctional composite materials in military equipment is driving the penetration of carbon-carbon composites in the defense sector [14] Competitive Landscape and Supply Chain - International companies like SGL Carbon and Toyo Tanso lead in technology, especially in high-end products, while domestic firms like Jinbo Co. and Xi'an Chaoma are emerging, though high-end product self-sufficiency remains low [15] - The upstream supply chain faces challenges with low domestic production rates of high-performance carbon fibers, leading to reliance on imports [16] Future Growth Opportunities - The renewable energy sector, including photovoltaic single crystal furnace materials and hydrogen storage tanks, is expected to see explosive demand [21] - The low-altitude economy, driven by the lightweight requirements of drones and eVTOLs, is also anticipated to boost carbon-carbon composite applications [21] - The industry is shifting towards green manufacturing practices, emphasizing low energy consumption and recyclability [21] Application Expansion - Carbon-carbon composites are increasingly utilized in aerospace, automotive, shipbuilding, and renewable energy sectors due to their lightweight, high strength, and high-temperature resistance [22] - In aerospace, they are primarily used for critical components like engine nozzles and thermal protection systems, while in the automotive sector, they enhance braking performance and range in electric vehicles [22] Technological Advancements and Policy Support - Increased research investment and technological advancements are improving the production processes of carbon-carbon composites, with traditional methods being optimized to lower costs and enhance efficiency [23] - Government policies supporting technological innovation and green development are expected to bolster the industry's growth [24] Industry Structure and Competitiveness - The carbon-carbon composite industry comprises upstream raw material supply, midstream manufacturing, and downstream application sectors, with numerous companies enhancing product quality and technological capabilities [25]