Core Viewpoint - The article discusses the challenges and opportunities in the eVTOL (electric Vertical Take-Off and Landing) industry, emphasizing the need for collaboration among various stakeholders to overcome obstacles and achieve commercial success [2][4]. Industry Cycle Positioning - The eVTOL industry is at a critical juncture in 2024, transitioning from "technical validation" to "commercialization" [6]. - The U.S. has already made significant legislative progress, while China has included "low-altitude economy" in its government work report, indicating a clear policy direction [6]. Technical Validation and Safety - The successful test flight of the VE25-100 eVTOL marks a significant milestone, demonstrating the aircraft's capabilities in a real-world environment [10]. - The rigorous selection process for test pilots highlights the industry's commitment to safety, with a focus on selecting individuals who deeply understand the aircraft [8]. Ecosystem Development - The article introduces a dual-loop model for ecosystem development, linking "R&D supply chain" and "operational service chain" to create synergies [14]. - The collaboration with industry giants during financing rounds indicates a shift from purely financial investment to active participation in R&D [16]. Operational Challenges and Strategies - The article outlines the operational challenges in the eVTOL industry, such as airspace management and infrastructure development, and proposes a "shared benefits" strategy to address these issues [17]. - The focus on creating a collaborative ecosystem aims to distribute high R&D costs and promote infrastructure development [17]. Path to Commercialization - The eVTOL industry's evolution is categorized into three stages: startup, growth, and maturity, with the current focus on validation [19]. - Sichuan Zigong is chosen as a testing ground to establish a complete cycle from production to commercial operation [20]. Long-term Vision - The company aims to become a leading player in the second century of aviation, aspiring to match the stature of Boeing and Airbus [22][23]. - A comprehensive product upgrade plan is in place to adapt to changing market demands over the next 5-10 years [23].

Core Insights - The General Aviation Manufacturers Association (GAMA) reported significant growth in business jet deliveries, contributing to an overall increase in delivery value for general aviation aircraft in the first three quarters of 2025 compared to the same period in 2024 [1][2] Group 1: Delivery Data - A total of 2,201 general aircraft were delivered globally from January to September 2025, representing a 1.5% increase year-over-year [1] - Business jet deliveries reached 554 units, marking a 10.6% year-over-year growth, making it the fastest-growing segment [1] - The total value of aircraft deliveries reached $19.4 billion, reflecting a substantial year-over-year increase of 13.2% [1] Group 2: Helicopter Market - Civil helicopter deliveries totaled 612 units, showing a year-over-year decrease of 3.3% [1] - Despite the decline in delivery numbers, the total value of helicopter deliveries increased to $3.1 billion, a 16.0% year-over-year growth, indicating a trend towards higher-value models [1] Group 3: Market Trends - The sustained growth in the business jet sector underscores the stable demand for high-end business travel and specific niche markets [2] - The robust performance of the high-value aircraft market continues to provide critical confidence and value growth for the industry, despite macroeconomic challenges [2]

《中国民航报》、中国民航网 记者刘九阳 报道：11月29日，在第二届亚洲通用航空展期间，"2025未来 日 航空新生代活动"在珠海国际航展中心成功举办。本次活动以"你的许可，你的翼章"为主题，由亚洲 商务航空协会（AsBAA）与珠海航展法兰克福有限公司联合主办，，旨在为青少年与在校学生提供了 解航空产业的窗口，激发对蓝天事业的向往。 活动吸引了来自香港科技大学广州校区、中山大学数学系珠海校区、澳门旅游大学、珠海科技学院和桂 林航天工业学院等院校的百名师生代表、业界专家及现场亲子家庭共同参与。现场气氛热烈，互动频 繁。 随后的飞行沙龙对话环节，来自瑞士电动航空器制造商Smartflyer AG的创始人Rolf Sturebr分享了他从公 务机飞行员到电动航空飞行器设计创业者的转变历程。国内通航飞行俱乐部京佳通航等创业团队、资深 从业者等代表，也分享了航空如何改变其职业轨迹与生活方式，生动展现了航空领域的多样可能。 当日下午的活动更侧重于面向青少年群体的启蒙与兴趣培养。《问天少年》副主编周好楠通过讲座《民 航机场的秘密》，以生动形式解密机场运行，以生动的图文和互动讲解激发了青少年对航空的兴趣。澳 大利亚首位中国女 ...

卫星、通用航空概念股走低，华力创通跌超5%，航天电子、电科芯片、振芯科技、中科星图跌超3%。 受盘面影响，卫星、通用航空相关ETF跌超2%。 （文章来源：每日经济新闻） | 代码 | 类型 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | | 159206 | 主 卫星ETF | 1.199 | -0.032 | -2.60% | | 563320 | 主 通用航空ETF | 0.898 | -0.020 | -2.18% | | 561660 | 主 通用航空ETF基金 | 0.990 | -0.022 | -2.17% | | 159283 | 主 通用航空ETF南方 | 0.925 | -0.020 | -2.12% | 有机构分析称，近年来，我国商业航天在政策牵引、技术突破与市场驱动下，以全产业链协同创新，完成了历史性的跨越。商业航天司牵头 推进"卫星互联网"等重大基础设施建设，2027年前将形成大规模星座组网，上游卫星制造、中游发射订单有望增长。并且，统一监管缩短审 批周期，批量生产、批次发射成为常态，卫星单颗成本有望下降。商业航天司的成立不仅 ...

Core Insights - A new company, Changsha Low-altitude Industry Development Co., Ltd., has been established with a registered capital of 200 million yuan, focusing on general aviation services and public air transportation [1] Company Information - The shareholders of the new company include Changsha Transportation Investment Holding Group Co., Ltd., Changsha Urban Development Group Co., Ltd., Changsha Digital Group Co., Ltd., and Hunan Xiangjiang New Area Development Group Co., Ltd. [1]

11月26日至28日，第七届空中丝绸之路国际合作峰会（ASRIF）在西安举办，围绕构建西北开放新格 局、推进智慧民航和文旅融合、促进临空经济和低空经济发展等核心议题深入交流，为新时代推动"一 带一路"空中互联互通贡献智慧与方案。 在ASRIF召开期间，《每日经济新闻》记者（以下简称NBD）与空中丝绸之路国际合作峰会组委会常务 副主任兼秘书长、北京临空国际技术研究院院长马剑展开对话，围绕本届峰会亮点设计、议题逻辑与低 空经济等热点，进行深入交流。 多个方面进行IP转化 NBD：第七届空中丝绸之路国际合作峰会主要有哪些亮点？ 马剑：本次峰会是中国国际服务贸易交易会常态化论坛，以"打造空中丝路新枢纽构建西部开放新高 地"为主题，取得了多项关键成果，同时在"空中丝路"IP（知识产权）打造、产教融合、低空经济、国 际合作等领域形成重要突破。 除主论坛外，峰会设置了两场平行论坛。其一为首次举办的"讲好空中丝路故事暨品牌传播"研讨会，构 建了传播共同体，将推动"空中丝路"成为国际品牌新名片；其二为第二届全国低空产教融合发展论坛， 聚焦低空经济领域人才短缺的瓶颈，汇聚了政企校三方，共同探讨如何破解低空经济领域人才短缺的难 题 ...

（编辑 丛可心） 证券日报网讯 12月1日，万丰奥威在互动平台回答投资者提问时表示，公司产业聚焦以"铝合金-镁合 金"为主线的汽车金属部件轻量化业务以及集自主研发、设计、制造、销售服务等于一体的专业通用飞 机制造业务，并加大固定翼纯电动飞机、eVTOL、无人机等新型飞行器的研发，开拓全球低空市场。 ...

Core Viewpoint - The article discusses the implementation plan for cooperative development between Anhui and Henan provinces, focusing on enhancing collaborative investment mechanisms and promoting industrial transfer from eastern regions through market-oriented approaches [1]. Group 1: Industrial Development - The plan aims to create specialized industrial clusters, particularly in the new energy vehicle sector and advanced materials, including new energy industries such as wind, solar, and hydrogen energy [5]. - It emphasizes the development of a green food industry cluster through collaboration in agricultural product processing, focusing on high-quality grains, fruits, and vegetables [5]. Group 2: Infrastructure Connectivity - The initiative includes the construction of key highways and railways to improve transportation networks between the two provinces, such as the Nanjing to Xinyang highway and high-speed rail projects [5]. - It also plans to enhance waterway transport by upgrading existing channels and establishing cross-province navigation mechanisms [5]. Group 3: Urban-Rural Integration - The plan promotes urbanization efforts in potential areas, encouraging the development of small and medium-sized cities and enhancing rural public services [5]. - It aims to strengthen agricultural supply chains and support the production of specialty agricultural products, including traditional Chinese medicinal herbs [5]. Group 4: Ecological and Environmental Protection - The article outlines strategies for ecological restoration in the Huai River basin, focusing on joint pollution control and the establishment of ecological corridors [6]. - It also addresses air quality improvement through collaborative management of emissions from industries and vehicles [6]. Group 5: Regional Cooperation Mechanisms - The plan proposes the establishment of a free flow mechanism for resources and data sharing to facilitate market integration and enhance investment opportunities [7]. - It encourages the creation of cross-border e-commerce zones and the development of international trade bases for agricultural products [7].

截至12月1日13:51，同类规模最大的通用航空ETF（159378）涨超1%，冲击3连涨。成分股利君股份 (002651)涨停，航天宏图(688066)，华力创通(300045)，广联航空(300900)等个股跟涨。 | | | 1.197 +0.012 +1.01% | 通用航空ETF 159378 | ਐ | | --- | --- | --- | --- | --- | | | SZSE CNY 13:51:03 交易中 | | | 十〇 ~ 時 | | | | 净值走势永赢国证通用航空产 今年 | 0.00% 120日 | 9.02% | | 序号 | 代码 | 名称 | 现价 | 涨跌幅 ▼ | | T | 002651 | 利君股份 | 11.86 | 10.02% | | 2 | 688066 | 航天宏图 | 29.11 | 6.32% | | 3 | 300045 | 华力创通 | 23.50 | 4.77% | | ব | 300900 | 广联航空 | 18.98 | 3.04% | | 5 | 600879 | 航天电子 | 11.28 | 2.83% | | 6 | 688568 ...

Core Insights - The 2025 Asia General Aviation Exhibition concluded in Zhuhai, showcasing the rapid development of the low-altitude economy with over 387 companies participating and a transaction volume exceeding 7 billion yuan, including 837 aircraft sold [1][6][9] Industry Highlights - The low-altitude economy emerged as the focal point of the exhibition, with over 120 related companies and more than 30 eVTOL (electric vertical takeoff and landing) aircraft displayed, outlining a clear vision for urban air mobility [4][6] - Notable products included high-grade commercial eVTOL models from Volant Aerospace, second-generation manned aircraft from Qifei Aviation, and the AE200 from Wofei Changkong, which completed successful transition flight tests, indicating a mature technology landscape [6][9] - The exhibition featured a comprehensive range of supporting services, including intelligent airspace management systems and communication solutions, promoting collaboration among upstream and downstream enterprises in urban commuting and emergency rescue applications [6][9] International Participation - The exhibition saw a significant increase in international participation, with 75 international exhibitors from 22 countries, including major companies like Bell Helicopter and Pilatus showcasing flagship products [7][9] - The Canadian and South Korean delegations presented a full chain of solutions from power to manufacturing, while German and American companies introduced innovative aircraft, enhancing the exhibition's global resource integration capabilities [9] Commercial Achievements - Major commercial agreements were signed, including a purchase agreement exceeding 2.25 billion yuan by Lanyi Aviation and a partnership between Southern Airlines General Aviation and Airbus Helicopters to establish a global maintenance center in Zhuhai [9] Public Engagement - The exhibition featured various engaging activities, including flight performances and interactive experiences, attracting significant media coverage and public interest, with nearly 75 million views on new media platforms [12][15]