据介绍，感知与避障系统(DAA)是无人机安全运行的核心系统，直接关系到无人机在复杂场景中的任务 执行能力。该标准是以城市复杂场景无人机感知避障实际应用场景为导向，规定了无人机对航空器或其 他物体的感知与避障系统的安全和质量要求，指导无人机感知与避障系统的研制、生产、试验和使用， 提高无人机飞行的安全性。 美团无人机正在城市复杂场景中进行配送。管乐 摄 中新网广东新闻5月9日电 (记者 许青青)国际标准化组织(ISO)近日正式发布了由中日联合牵头制定的无 人机领域国际标准ISO15964《无人机感知与避障系统》。记者9日获悉，中方编制团队由深圳美团低空 物流科技有限公司和中国航空综合技术研究所联合主导。 业内人士表示，无人机是多学科交叉、技术密集的高科技领域，其发展水平代表国家装备制造业的顶尖 水平。此次《无人机感知与避障系统》国际标准的发布，成功填补无人机感知避障领域国际标准的空 白，为无人机产业的规范化、安全化发展奠定了坚实的基础，形成了具有广泛共识的全球标准规范。 (完) 编制团队相关人士表示，大量城市复杂场景的应用以及核心技术的持续自研突破，让我国在相关领域的 全球竞争中已占据优势地位，这也是此次我国团 ...

Core Insights - The event "Trillion Low-altitude Market, Drones Take Off First" highlighted the development of a digital low-altitude intelligent service system and its applications in various sectors, emphasizing the importance of drone technology in urban management and emergency response [2][3]. Group 1: Digital Low-altitude Intelligent Service System - The digital low-altitude intelligent service system is being constructed under government guidance, featuring a model of "three networks, two platforms, one center, and N applications" [3][5]. - The "three networks" include a low-altitude facility network, a low-altitude data network, and a low-altitude route network, which together support low-altitude flight operations [5]. - The "two platforms" consist of a low-altitude application service platform, which enhances regional observation capabilities and public service levels [5][6]. - The "one center" refers to a low-altitude operation service center that provides essential services such as flight planning and emergency response [5][6]. - The "N applications" indicate the wide applicability of the system across various sectors, including urban management, energy, environmental monitoring, and public safety [6]. Group 2: Drone Governance and Countermeasures - The governance of drones involves two categories: cooperative targets and non-cooperative targets, each requiring different management methods and technical approaches [10][11]. - For cooperative targets, the governance relies on known communication links, while non-cooperative targets present higher technical challenges due to their unpredictable communication frequencies [11][12]. - The industry is moving towards a more complex drone governance landscape, necessitating advanced electronic countermeasures and multi-modal detection methods [13][14]. - The implementation of the "Interim Regulations on the Management of Unmanned Aerial Vehicle Flights" marks a significant shift in drone governance from managing cooperative targets to defending against non-cooperative threats [13]. Group 3: Domestic Aviation Engine Development - The focus on developing low-cost, domestically controllable aviation engines is crucial for the low-altitude economy, with companies like Hongpeng Aviation leading the way [18][19]. - Hongpeng Aviation aims to meet the demand for small to medium-sized aviation engines, targeting the low-altitude economic sector [19]. - The company has adopted strategies to reduce costs significantly, with some products expected to be priced at one-third of competitors' prices [19][23]. - The Chinese aviation engine industry excels in material and processing capabilities but faces challenges in design and engineering applications [23]. Group 4: Industry Trends and Future Directions - The event discussed the current state of drone chip localization and the effectiveness of AI technology in enhancing drone safety and operational capabilities [24]. - The integration of unmanned systems is expected to lower operational costs for government agencies, as data can be shared across various units [25]. - Investors are encouraged to focus on companies with strong R&D capabilities in the drone governance sector, particularly those addressing non-cooperative target detection and countermeasures [26]. - The future of drone technology may hinge on breakthroughs in signal-level control and the ability to manage non-cooperative targets effectively [27].

以eVTOL为代表的载人飞行器， 是当前最被看好、前途无限的无人机领域 新风口的出现，改变了不少年轻人的职业走向。有的外卖骑手变飞手，摆脱了到处打零工的状态，有了稳定的事业和前程；有的回归农田，用作物上空飞 舞的机器，抵抗种植户的传统观点和"农业没前途"的偏见；有的发挥"生意经"，在鲜有人涉足的智能清洁领域，组建了一支00后创业小团队。 5月8日，人力资源社会保障部公示了17个新职业，无人机群飞行规划员名列其中。 早在2019年，无人机驾驶员成为国家人力和社会资源保障部发布的首批新职业之一。2023年，中国民用无人机市场规模已达1239.87亿元。根据中国民航 局数据，截至2024年6月，全国实名登记的无人机数量突破187万架，取得执照的飞手22.5万人。计算下来，低空经济正面临上百万的人才缺口。 数据来源：浙商证券 一条和以上三位相关从业者聊了聊，在他们的想法里，无人机并不是什么"高大上"的东西，相反，它出现在稀松平常的生活中，走上餐桌、爬上高楼，便 捷人类。 从深圳的外卖骑手，到外派中东的无人机飞手 罗锡坤，93年，广东梅州，外卖无人机测试飞手 罗锡坤 我是一名外卖骑手。直到美团内部招聘前，我完全没想过自 ...

值得关注的是，该基金创新性地引入 "产业协同" 模式：一方面，与新加坡政府共建空天产业研究院， 整合高校资源，提供技术转化与人才培养支持；另一方面，联合白云金控旗下产业园区，为被投企业提 供研发场地与供应链配套，例如为某无人机企业定制的 "智能机巢" 解决方案，可实现无人机自动充 电、维护与调度，降低运营成本 30%。数据显示，2025 年一季度基金已储备优质项目 20 余个，其中 60% 涉及军民融合技术，预计未来三年带动产业链投资超 50 亿元。 白云私募基金还引入 "绿色金融" 理念，将 20% 的资金投向氢能动力、碳中和材料等可持续领域。例 如，某卫星制造企业采用碳纤维复合材料替代传统金属，使卫星重量降低 25%，同时通过碳足迹追踪 系统实现全生命周期减排，相关技术已获欧盟 CE 认证，产品出口订单占比达 40%。"我们不仅关注财 务回报，更注重技术创新与社会效益的双重价值。" 基金管理人表示，通过 "产业基金 + 政策红利 + 技 术输出" 的模式，有望在 3-5 年内培育出 3-5 家独角兽企业。 在全球科技竞争白热化的背景下，白云投资有限公司（Baiyun Investment Pte. Ltd ...

Group 1 - Shenyang's investment promotion team participated in the 27th China Beijing International Science and Technology Industry Expo to showcase its advantageous industries and promote cooperation projects with Beijing [1] - The team explored advanced technologies in aerospace, robotics, drones, biomedicine, and integrated circuits during the expo [1] - Shenyang's investment team directly connected with high-tech enterprises at the expo, highlighting the unique industrial advantages and development characteristics of Shenyang's development zones [1] Group 2 - Beijing and Shenyang trade promotion associations held discussions to enhance cooperation and resource sharing between enterprises in both cities [2] - The associations aim to explore innovative cooperation models and expand collaboration into broader fields [2] - Shenyang's trade promotion team conducted in-depth investigations of drone-related enterprises and facilities in Beijing's Zhongguancun area [2]

中新社北京5月11日电 (记者陈杭徐婧)无人机外卖配送"从天而降"、无人机"火眼金睛"助力森林防 火……在第二十七届中国北京国际科技产业博览会(下称北京科博会)上，一架架形态各异的无人机集体 亮相，为公众预演低空经济进入未来生活的图景。 伴随低空经济蓬勃兴起，无人机续航、载重、导航精度等技术不断成熟，已从实验室的酷炫玩具，进化 为千行百业"空中助手"，应用范畴不断拓展。 用户在手机下单后，一架无人机腾空而起，将热气腾腾的外卖送至用户身旁。美团无人机展台工作人员 李海铭表示，美团第四代无人机配备"时空胶囊"轨迹规划技术，通过算法精准计算飞行路径，主要用于 往返约5公里以内的低空物流配送，还能适应六级大风及中雨、中雪天气。 李海铭说，截至今年3月底，美团无人机已在深圳、北京、上海、广州、南京等城市开通55条航线，并 累计完成订单超52万单，其中年轻群体对"无人机送餐"模式接受度较高。今年计划根据市场需求探索更 多配送航线，进一步扩大低空物流覆盖范围。 北京科博会上，普宙科技展示了多旋翼无人机、无人机自动机库等产品，可用于智慧城市、能源巡检、 智慧园区等场景。现场工作人员梁曼琪表示，S200系列无人机具备卫星直连通 ...

Core Viewpoint - The article highlights the financial struggles of four ST companies listed on the Sci-Tech Innovation Board, all of which experienced significant declines in net profit after their initial public offerings (IPOs) [1] Group 1: Company Overview - As of May 9, there are 586 companies listed on the Sci-Tech Innovation Board, with four classified as ST companies: ST Pava, *ST Guandian, *ST Tianwei, and ST Yifei [1] - All four companies had the highest net profit in the year of their IPO, followed by substantial declines or direct losses in the subsequent year [1] Group 2: ST Pava - ST Pava was listed on September 19, 2022, with a focus on the research, production, and sales of new energy battery materials [2][3] - The company reported revenues of 1.65626 billion yuan in 2022, which dropped to 954.27 million yuan in 2023 and further to 948.57 million yuan in 2024 [3] - The net profit figures were 108.56 million yuan in 2022, -250.03 million yuan in 2023, and -731.76 million yuan in 2024 [3] - The stock was placed under risk warning due to a negative internal control audit opinion from its auditing firm [4] Group 3: *ST Guandian - *ST Guandian transitioned to the Sci-Tech Innovation Board on May 25, 2022, specializing in drone flight services and defense equipment [6] - The company achieved revenues of 291.04 million yuan in 2022, which fell to 212.10 million yuan in 2023 and further declined to 89.98 million yuan in 2024 [7] - The net profit figures were 78.69 million yuan in 2022, 13.26 million yuan in 2023, and -111.15 million yuan in 2024 [7] - The stock was flagged for delisting risk due to negative profit figures and low revenue [8] Group 4: *ST Tianwei - *ST Tianwei was listed on July 30, 2021, focusing on fire suppression systems and related products [9] - The company reported revenues of 205.82 million yuan in 2021, which decreased to 110.75 million yuan in 2022, then increased to 140.48 million yuan in 2023, and dropped to 77.75 million yuan in 2024 [10] - The net profit figures were 114.54 million yuan in 2021, 44.92 million yuan in 2022, 49.70 million yuan in 2023, and -29.16 million yuan in 2024 [10] - The stock was placed under risk warning due to negative profit and revenue figures [11] Group 5: ST Yifei - ST Yifei was listed on July 28, 2023, focusing on precision laser processing equipment [12] - The company achieved revenues of 538.96 million yuan in 2022, 697.2 million yuan in 2023, and 692.1 million yuan in 2024 [13] - The net profit figures were 68.10 million yuan in 2022, 75.75 million yuan in 2023, and 9.41 million yuan in 2024 [13] - The stock was flagged for risk due to negative audit opinions from its auditing firm [13]

Core Viewpoint - The company, Dahongli (300865), is focusing on cautious investment strategies in the drone industry while expanding its overseas business to drive revenue growth [2][4][5]. Group 1: Drone Industry Investment - Dahongli's initial investment in the drone sector is modest due to its commitment to a steady development strategy, emphasizing careful selection based on industry research [2]. - The company has acquired a 51% stake in Chengdu Leidian Bird Technology Co., Ltd. (Leidian Bird), which specializes in drone technology development and manufacturing [2][3]. - Leidian Bird's core assets include a skilled technical team with over ten years of experience in avionics and flight control systems [3]. Group 2: Overseas Expansion - Dahongli's overseas revenue reached 5.39 million yuan, a significant increase of 3540.07% compared to the previous year's 148,200 yuan [4]. - The company has established offices in Thailand and Malaysia, and a wholly-owned subsidiary in Indonesia to enhance its international presence [4][5]. - Future growth is expected to be driven by infrastructure demands in countries participating in the Belt and Road Initiative, which will boost Dahongli's market share abroad [5].

Investment Rating - The report maintains a recommendation for the radar military trade sector, indicating a positive outlook for investment opportunities in this area [1]. Core Insights - The report highlights the increasing focus on radar military trade due to international conflicts, particularly the recent India-Pakistan tensions, which have led to a surge in the military sector [4]. - The defense radar business is crucial for national security, with a growing global market size projected to reach $38 billion by 2025, of which the military radar market is expected to be $23.2 billion [10][13]. - The introduction of the "Export Control Regulations for Dual-Use Items" in China is expected to enhance the transparency and compliance of radar exports, benefiting the military trade sector [13]. - Recent high-value contracts signed at the Zhuhai Airshow reflect China's improving military trade capabilities, positively impacting airborne, vehicle-mounted, and ground radar development [16]. Industry Overview - The radar industry is categorized into military and civilian applications, with military radar being essential for tactical intelligence and precision strikes [5][6]. - Key players in the radar sector include companies like Guorui Technology, Sichuan Aerospace, and Nairui Radar, with Guorui Technology leading in revenue and profit margins [19][36]. - The report emphasizes the importance of low-altitude economy projects, with companies like Zongheng and Lais Information winning significant contracts, indicating the sector's growth potential [44][45]. Financial Performance - Guorui Technology reported revenues of 34 billion yuan in 2024, with radar-related business revenue at 26.7 billion yuan, showcasing its market leadership [19][20]. - The report provides a comparative analysis of radar companies, highlighting Guorui Technology's superior profit margins and revenue growth compared to its peers [19][36]. Market Trends - The Huachuang Transportation Low Altitude 60 Index has shown a significant increase of 5.4% in the past week, indicating a positive market sentiment towards the low-altitude economy [49]. - The report identifies three major application scenarios for the low-altitude economy from 2025 to 2027: new consumption in cultural tourism, manned transportation, and specialized uses [58].

盘面上，国防军工、通信设备、铜缆高速连接、消费电子等板块涨幅居前，种业、黄金、PEEK材料、休闲食品等板块跌幅居前。 数据显示，国防军工获得逾76亿元主力资金净流入，通信、机械设备均获得超60亿元净流入，电力设备、电子、汽车也均获得超40亿元净流入，纺织服饰 则连续8日获得净流入。基础化工主力资金净流出逾10亿元，房地产、交通运输、钢铁、美容护理也都净流出超亿元。 展望后市，国泰海通指出，相较于过去，政策预期和展望更为连续和稳定。中国股市风险溢价有望系统性下移，而无风险利率下降与资本市场制度改革将 成为增量入市的关键力量。继续看好中国AH股市，把握做多窗口期。 东兴证券认为，基本面和政策面基本明朗，短期外部因素有所缓解，市场不确定性因素下降，风险偏好有望重回升势。随着行情趋于活跃，投资者可提升 一定仓位，参与结构性行情。大科技板块仍是首选，重点关注机器人、人工智能、智能驾驶等方向；其次是消费方向，重点关注以家电、消费电子、汽车 为代表的政策红利方向。 今日，A股继续稳步上升，创业板指收复2000点大关，上证指数、上证50等则再创阶段性新高。上涨个股远多于下跌个股，市场成交萎缩至1.32万亿元。 | 代码 | ...