在本届大会上最新发布的《低空经济场景白皮书》，系统梳理了城市综合治理、通用航空应急救援、通用航空短途运输、无人机城市物流配送等八大高价值 场景，推动低空经济场景从蓝图走向现实。 除此以外，本届大会还发布了《多旋翼无人驾驶航空器噪声测量方法》团体标准。该文件系统规定了航空器噪声评定的度量、设备要求等内容，为行业提供 了统一、科学的测试依据。目前，我国已从低空装备技术追赶阶段，逐步迈向局部引领的关键转变。2025年我国低空经济市场规模预计将达到1.5万亿元， 产业发展呈现强劲增长态势。 （总台央视记者 帅俊全 褚尔嘉 广东台） 责编：黄之安、卢思宇 中国航空工业集团公司西安飞行自动控制研究所研究员 杨卫平：我们正大力推进低空经济全链条机载系统的技术创新，开展从前端智能感知、高安全飞行 控制，到末端高功率密度作动的全域技术攻关，主导行业标准制定，固化安全设计理念，满足适航要求，为产业规范化、规模化发展提供清晰、统一、高水 平的技术标尺。 0:00 低空经济作为国家战略性新兴产业，近年来实现跨越式发展。正在广东举行的2025第八届中国航空科学技术大会上，2025《低空经济场景白皮书》发布。 ...

冬日的法库财湖机场寒风凛冽，跑道上却一派繁忙，多架无人机和小型飞机依次起降，执行物流、 测绘、试飞等任务。在财湖机场塔台，运行控制部主任李鑫紧盯着电脑，正在安排近期机场的飞行计 划。他说气象预报能精准地预测到未来30个小时的气象变化，是企业的重要参考。 据了解，2025年4月，中国气象局确定沈阳市气象局牵头申报的"低空公共服务、低空文体旅培、通 航短途运输"为全国18个示范场景建设试点之一。 沈阳市气象局通过构建"穹瞰·低空"气象服务平台，为低空飞行提供定制化气象服务，显著提升航 空气象监测精度与预警能力。近日，记者来到位于沈阳市法库县的沈阳通用航空经济区，对气象服务如 何精准护航低空经济进行探访。 （原标题：气象精准护航低空经济 探访沈阳通用航空经济区） （作者：姜兆臣 责任编辑：苏杰西） ...

Group 1 - Anhui Low-altitude Technology Development Co., Ltd. has been established with a registered capital of 100 million yuan [1] - The company's business scope includes general aviation services and intelligent unmanned aerial vehicle manufacturing [1] - The shareholders of the company are Anhui Construction, Hefei Logistics Holding Group Co., Ltd., and Hefei Guoxian Holding Co., Ltd. [1]

Core Viewpoint - The General Aviation ETF (159378) has shown a significant increase, reflecting a strong growth trend in the low-altitude economy and drone manufacturing sector in China [1][3]. Group 1: Market Performance - As of December 8, 2025, the General Aviation ETF (159378) rose by 2.22%, marking its third consecutive increase [1]. - Key component stocks such as Tianyin Electromechanical (300342) increased by 11.99%, Aerospace Electronics (600879) by 10.01%, and China Satellite (600118) by 8.49% [1][2]. Group 2: Industry Growth - The low-altitude economy market in China is projected to reach 1.5 trillion yuan by 2025 and is expected to exceed 2 trillion yuan by 2030 [2]. - China holds a 70% share of the global consumer drone market, with 969 companies registered in the civil unmanned aerial vehicle product information system [2][3]. - The first four-seat electric aircraft has received a type certificate from the Civil Aviation Administration of China [2]. Group 3: Policy and Infrastructure - The Central Committee of the Communist Party of China has emphasized accelerating the development of strategic emerging industries, including the low-altitude economy [3]. - Local governments have been expediting the planning of low-altitude flight routes and airspace division since the second half of 2025, with ongoing policy support [3]. - Drones are rapidly expanding in both military and civilian sectors, particularly in logistics and emergency rescue applications [3]. Group 4: Investment Opportunities - The General Aviation ETF (159378) focuses on the low-altitude economy and drone sector, benefiting from the rapid development of integrated air, space, and ground capabilities [3]. - The ETF is the first and largest of its kind in the market, tracking the National Index of General Aviation Industry [3].

中信建投研报指出，2024年是低空经济发展元年，未来中国低空经济市场万亿元蓝海。2023年我国低空 经济市场规模超5000亿元，随着下游应用领域的不断扩大，未来有望继续保持增长，按照民航和物流数 据，设备价值量占运营收入的5-15%，基础建设占运营收入的20%。根据《通用航空装备创新应用实施 方案（2024-2030年）》提出到2030年形成万亿级市场规模。 NO.3中信证券：继续看好未来两年航司业绩释放 中信证券研报表示，保险行业已从资产负债表衰退叙事中率先走向良性扩张，周期向好正式确立，预计 2026年向上趋势进一步加强，体现为：净资产恢复并维持较快增长、分红险作为主力产品更加畅销、银 保渠道份额集中和总量增长仍然具有很大空间、险资作为耐心资本主力，目前资产结构正受益于债券利 率低位波动、股市慢牛的市场格局。从选股角度看，保险股阿尔法和贝塔兼具，2024和2025年牛市带来 的业绩弹性已较为充分体现，该机构更加关注保单价值率高、新业务价值增速快、盈利和股息稳定增长 的头部公司。 NO.2中信建投：低空经济市场规模有望继续保持增长 中信证券研报表示，民航机队产能释放受新增飞机低引进、发动机检修、航材备件等因 ...

12月5日，中信建投发布最新投资研报，对低空经济的发展前景进行了深入剖析，指出低空经济市场规 模有望继续保持增长，未来将形成万亿元的庞大蓝海市场，为投资者指明了新的投资方向。 市场动态方面，2025年多家eVTOL（电动垂直起降飞行器）公司接到国内外意向订单，这一现象充分 反映出低空经济市场空间广阔，需求旺盛。eVTOL作为低空经济的重要载体，具有绿色环保、灵活便 捷等优势，有望在未来城市空中交通、短途运输等领域发挥重要作用。 在相关概念股方面，万丰奥威在通用航空领域布局较早，其生产的钻石飞机在全球通用飞机市场具有较 高的知名度和市场份额，有望受益于低空经济的发展；卧龙电驱在电机驱动技术方面实力雄厚，为 eVTOL等低空飞行器提供关键的动力支持，随着低空经济市场的扩大，其业务有望迎来快速增长；还 有中直股份，作为国内直升机制造的龙头企业，在低空经济领域的应急救援、旅游观光等应用场景中具 有广阔的发展空间。 来源：券商研报精选 中信建投研报明确指出，2024年是低空经济发展的元年，标志着这一新兴产业正式进入高速发展轨道。 回顾2023年，我国低空经济市场规模已然超过5000亿元，展现出强劲的发展势头。随着下游应 ...

中信建投研报指出，2024年是低空经济发展元年，未来中国低空经济市场万亿元蓝海。2023年我国低空 经济市场规模超5000亿元，随着下游应用领域的不断扩大，未来有望继续保持增长，按照民航和物流数 据，设备价值量占运营收入的5-15%，基础建设占运营收入的20%。根据《通用航空装备创新应用实施 方案（2024-2030年）》提出到2030年形成万亿级市场规模。以2027年为节点，我国将致力于通用航空 装备供给能力与产业创新的提升。以增强技术创新，完善产品谱系，加速示范应用等20个重点任务为核 心，推动航空制造业新型工业化探索和实践。2025年多家eVTOL公司接到国内外意向订单，反映低空 经济市场空间广阔。 ...

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 ...