Core Viewpoint - The article highlights a successful emergency response by the ground service company at Beijing Daxing International Airport, showcasing their ability to efficiently manage a life-saving situation during a flight emergency [1][4]. Group 1: Emergency Response - The ground service company activated its emergency response mechanism promptly upon receiving the flight diversion notification at 14:18 [3]. - Various departments coordinated effectively under the unified command of the company's operations control center, ensuring rapid preparation for the aircraft's arrival [3][4]. - The medical transfer equipment was prepared in advance, and a direct communication mechanism was established with airport emergency services, customs, and border inspection to facilitate a "green channel" for the patient [4]. Group 2: Efficiency and Coordination - The flight arrived at the designated gate at 15:49, and the cabin door was opened just three minutes later, allowing for an efficient transfer of the patient within eight minutes [4]. - The maintenance department executed pre-flight checks swiftly, while the passenger service department coordinated with inspection units to minimize delays for the subsequent flight [4]. - The emergency support ensured the passenger's safety and exemplified the aviation industry's commitment to prioritizing life, achieving both life-saving and flight support objectives [4]. Group 3: Future Improvements - The ground service company plans to continuously enhance its emergency support system and optimize response plans to provide robust support for Daxing Airport as a world-class aviation hub [4].

Market Performance - The three major U.S. stock indices rose collectively, with the S&P 500 and Nasdaq both closing at new highs [1][4] - The Dow Jones Industrial Average increased by 192.34 points to 44,650.64, a rise of 0.43% [4] - The S&P 500 index rose by 0.27% to 6,280.46, marking its eighth record close this year [4] Company Highlights - Nvidia's market capitalization surpassed $4 trillion for the first time at closing [5] - Delta Airlines shares rose by 11.99% following a positive earnings outlook indicating a rebound in demand [8] - United Airlines and American Airlines also saw significant increases in their stock prices, rising by 14.33% and 12.72% respectively [8] Cryptocurrency Developments - Bitcoin reached a new all-time high, climbing over 4% to $115,877.4, with earlier peaks exceeding $117,000 [14] - The surge in Bitcoin led to a significant number of liquidations in the market, with over 230,000 traders affected in the past 24 hours [14][16] Economic Commentary - Recent uncertainties in the market have eased, providing support for stock performance, as noted by Wells Fargo's global equity strategist [13] - President Trump urged the Federal Reserve to take swift action to lower interest rates, reflecting ongoing pressure on monetary policy [2][18] - Federal Reserve officials indicated that a rate cut could be discussed in the upcoming July meeting, with a 64% probability of a 25 basis point cut by September [20]

Report Summary 1) Report Industry Investment Rating No information provided. 2) Core Viewpoints - The National Development and Reform Commission has allocated over 300 billion yuan to support the third - batch of "Two - Major" construction projects in 2025, and the 800 - billion - yuan project list for this year has been fully released [1]. - The Guangzhou Housing Provident Fund Management Center is soliciting opinions on the implementation measures for converting commercial personal housing loans to provident fund personal housing loans [1]. - International oil prices have dropped significantly, and egg prices have declined [2]. - The operating rates of urea, PX, and polyester in the chemical industry have decreased [3]. - The sales of commercial housing in first - and second - tier cities have seasonally declined, while the number of domestic flights during the summer vacation has increased [4]. - The credit spread of electrical equipment has slightly declined recently [5]. 3) Summaries by Directory A. Middle - view Event Overview - **Production Industry**: Over 300 billion yuan has been allocated for the third - batch of "Two - Major" construction projects in 2025, and the 800 - billion - yuan project list for this year is complete. There are both "hard investment" in 1459 projects and "soft construction" with reform initiatives [1]. - **Service Industry**: Guangzhou is seeking opinions on the implementation measures for converting commercial housing loans to provident fund loans, with different measures based on the personal housing loan rate of the provident fund [1]. B. Industry Overview - **Upstream**: International oil prices and egg prices have dropped [2]. - **Midstream**: The operating rates of urea, PX, and polyester in the chemical industry have decreased [3]. - **Downstream**: The sales of commercial housing in first - and second - tier cities have seasonally declined, and the number of domestic flights during the summer vacation has increased [4]. C. Market Pricing - The credit spread of electrical equipment has slightly declined recently [5].

Group 1: Policy Measures - Chengdu's "14 Measures for Low Altitude Economy" includes 14 policies focusing on infrastructure, service regulation, application scenarios, and industry support, with subsidies reaching up to 5 million yuan for various projects [1][2] - The policy introduces a "dual subsidy" for low-altitude passenger routes, providing up to 500,000 yuan for companies and ticket price subsidies for passengers based on distance [2][5] - Chengdu's commitment to infrastructure includes a 10% subsidy on actual construction investments for low-altitude facilities, with a maximum of 500,000 yuan per project [3][5] Group 2: Industry Development - Chengdu has established a complete low-altitude economy industry system with over 500 companies and 25 innovation platforms, supported by more than 60 universities and research institutions [2][6] - The city offers the highest rewards in the country for airworthiness certification, with subsidies of up to 3 million yuan per year for companies obtaining necessary certifications [5][6] - The low-altitude economy is expected to enhance logistics capabilities in Sichuan, addressing geographical challenges and contributing to the Chengdu-Chongqing economic circle [6][12] Group 3: National Trends - Nationwide, 42 eVTOL manufacturers have emerged, and 225 policies related to low-altitude economy have been implemented across various regions [7][9] - Shenzhen has positioned itself as a leader in low-altitude economy with legislative support and plans for extensive infrastructure development [9][10] - Hefei has established the first urban air traffic hub in the country, supporting eVTOL operations and logistics routes with significant subsidies [10][11] Group 4: Economic Impact - The development of low-altitude economy is expected to inject new momentum into urban economic growth, creating job opportunities and enhancing economic benefits [12][14] - Infrastructure development for low-altitude economy will not only meet industry needs but also promote sustainable urban development [14][15] - The integration of production, public services, and future transportation scenarios in low-altitude economy is seen as a strategic advantage for China in the global economic landscape [15]

Report Summary 1. Industry Investment Rating No investment rating information is provided in the report. 2. Core Viewpoints - In May, the downstream sales of the automotive industry increased, with the domestic retail sales of new energy passenger vehicles reaching 1.021 million units, a year-on-year increase of 28.2% and a month-on-month increase of 12.1%. From January to May, the domestic retail sales of new energy passenger vehicles totaled 4.351 million units, a year-on-year increase of 34.1% [1]. - On June 9th, the Ministry of Industry and Information Technology and the Ministry of Civil Affairs issued a notice on carrying out pilot projects for intelligent elderly care service robots. The market scale of China's intelligent elderly care robots is expanding rapidly, and Founder Securities expects the market to reach 50 billion yuan in 2025 [1]. - Attention should be paid to the policy promotion in the insurance industry. The General Office of the Communist Party of China Central Committee and the General Office of the State Council issued an opinion on further ensuring and improving people's livelihood, proposing multiple measures such as canceling household registration restrictions for social insurance participation, and increasing the supply of affordable housing [2]. 3. Summary by Industry Production Industry - **Automotive**: In May, the downstream sales of the automotive industry increased, with significant growth in the sales of new energy passenger vehicles [1]. - **Intelligent Elderly Care**: The market scale of intelligent elderly care robots is expanding rapidly, and relevant pilot projects are being carried out [1]. Service Industry - **Insurance**: Attention should be paid to policy promotion, and relevant policies aim to improve people's livelihood and social security [2]. Upstream Industry - **Energy**: International oil prices rebounded significantly compared to last week [2]. - **Chemical**: The prices of soda ash and urea declined significantly [2]. - **Agriculture**: Egg prices fluctuated [2]. Midstream Industry - **Chemical**: Urea prices are currently at a high level [2]. - **Agriculture**: The operating rate of pig product processing has been at a high level recently [2]. Downstream Industry - **Real Estate**: The sales of commercial housing in first - and second - tier cities are the same as the same period last year, at a near - three - year low [2]. - **Service**: The number of domestic and international flights has decreased [2]. 4. Industry Data Tracking - **Industry Credit Spreads**: Data on industry credit spreads for various industries such as农牧渔林,采掘, and化工 are provided, showing their changes over different time periods [47]. - **Key Industry Price Indicators**: Price data for various industries including agriculture, energy, and chemical are provided, along with their year - on - year changes and trends in the past 5 days [48].

Group 1 - The "2025 Tianzhu Town Quality Resource Promotion and Investment Attraction Conference" was held, where strategic cooperation agreements were signed with various industry associations, third-party service agencies, and key enterprises in fields such as healthcare, hotels, and sports [1] - The first "Enterprise Reception Room" in Shunyi District was unveiled, designed to provide a "quasi-overseas" business service space for key enterprises, offering free communication venues [1] - Tianzhu Town promoted nearly 3,520 acres of quality land resources, including 12 industrial and commercial buildings and 3 factories, with a focus on the 2801 block and Gangshan block for future development [1] Group 2 - The "Flying Garden Art Street" project in Loutai Village aims to create a multifunctional residential, tourism, and production complex, inviting investment and operational partners to develop a unique suburban lifestyle area [2] - Tianzhu Town is leveraging its proximity to Beijing Capital International Airport to establish a dual-core development path focused on air service and international consumption, aiming to build a modern industrial system [2] - The town is committed to creating an open economic ecosystem with a strategy based on commerce, business, and trade, striving for high-quality economic development [2]

Import and Export Overview - The import volume of the equipment manufacturing industry has increased, with the Guangdong-Hong Kong-Macao Greater Bay Area's import and export value reaching 2.85 trillion yuan, a growth of 5.4% in the first four months of the year, accounting for 96.4% of Guangdong's total import and export value[1] - Exports of "new three items" and motorcycles increased by over 40%, while imports of semiconductor manufacturing equipment, computers and components, and certain consumer goods grew rapidly[1] Monetary Policy and Financial Services - As of the end of April, the broad money supply (M2) stood at 325.17 trillion yuan, reflecting a year-on-year increase of 8%[1] - The balance of domestic and foreign currency loans reached 269.54 trillion yuan, with a year-on-year growth of 6.8%[1] - The balance of RMB loans was 265.7 trillion yuan, up 7.2% year-on-year, with an increase of 1.006 trillion yuan in RMB loans over the first four months[1] Industry Trends - In the upstream sector, international oil prices have continued to rise following the tariff war, while aluminum prices have recently rebounded[2] - The chemical industry is experiencing a seasonal decline in PX operating rates, while polyester operating rates remain high[3] - In the downstream sector, real estate sales in second and third-tier cities are declining, and domestic flight frequencies have decreased compared to the same period last year[4] Market Pricing and Risks - The credit spread across all industries has recently narrowed slightly[5] - Potential risks include unexpected economic policies and global geopolitical conflicts[5]

在当地证券交易所非公开发行债券（以下简称"本次发行"），本次 发行规模最高不超过 1,200 万欧元，发行期限 3 年，其中 400 万欧元 为私募债券，800 万欧元为公募债券，利率为 9%-10%，期限为 3 年。 最终发行利率与发行期限由 MMRO 公司监事会在上述范围内确定， 募集资金计划用于 MMRO 购置资产以拓展发动机托架租赁业务和补 充营运资金，并与国内民航业务进行互补、协同。本议案无需公司股 东大会审议通过。本次发行详情公告如下： 一、 本次发行的基本方案 元。 发行第 1 年末至第 2 年末提前赎回，需要支付 0.5%的补偿金；发行 超过 2 年发行人提前赎回债券，无需支付任何溢价。 证券代码：300424 证券简称：航新科技 公告编号：2025-064 广州航新航空科技股份有限公司 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 "公司" ）召开第六届董事会第六次会议，审议通过了《关于境外子 公司拟发行境外债券的议案》。为开拓海外融资渠道，实现融资多元 化，公司计划推进控股子公司 Magnetic MRO AS（以下简称 "MMRO"） ...

近日，成都富凯飞机工程服务有限公司（以下简称"成都富凯"）携手深圳航空有限责任公司（以下简 称"深圳航空"），历时数月技术攻坚，成功研发出获得PMA（零部件制造人批准书）批准的国产旅客 服务组件（PSU）。该项目完成装机验证后顺利投入市场，以卓越性能和成本优势为航空产业链注入新 动能，向业界展示了成都富凯在客舱部件国产替代上的全产业链创新服务能力。 战略破局：锚定国产替代新目标 作为国航系兄弟单位，成都富凯与深圳航空始终践行"国家队"使命，直面民航产业链"卡脖子"难题。面 对PSU组件长期依赖进口导致的采购周期长、成本高、供应链风险突出等痛点，成都富凯依托国航系平 台，整合航空工业设计、产品生产及适航认证等资源，组建跨领域攻关团队。 团队从查阅手册资料、解读航空产品技术标准、研究产品与飞机系统通信关联到适航审定符合性分析， 历时数月突破多重技术壁垒，最终实现国产PSU组件功能性能全面对标国际一流产品，顺利通过适航审 查及中国民航局（CAAC）PMA认证，拿到了装机放行的"通行证"，为国产替代奠定了坚实基础。 成都富凯与深圳航空以"协同作战"为核心，打通国产替代全链条关键环节，形成覆盖"研发-制造-服 务"的完 ...

Report Summary 1. Industry Investment Rating No information provided regarding the industry investment rating. 2. Core View The report focuses on the impact of trade - war uncertainties on upstream prices and provides an overview of the mid - view events and the industry situation. It also mentions that the credit spreads of the pharmaceutical and chemical industries have recently declined slightly [1][3]. 3. Summary by Directory Mid - view Events Overview - **Production Industry**: The National Energy Administration issued a notice to promote the development of private economy in the energy field, supporting private enterprises to invest in energy infrastructure projects such as nuclear power, hydropower, oil and gas storage facilities, and LNG receiving stations [1]. - **Service Industry**: As of April 27, the average pre - sale price of domestic civil aviation tickets for the "May Day" holiday dropped slightly to about 864 yuan, up 9.75% compared to 2019 and down 7.09% compared to 2024, showing a stable trend [1]. Industry Overview - **Upstream**: International oil prices are continuously fluctuating due to tariffs; prices of copper, zinc, and nickel are oscillating; cement and building material prices are continuously falling; egg prices are rising [2]. - **Midstream**: The PTA operating rate has rebounded, the PX operating rate has recently declined, and the operating rates of polyester and urea are at this year's high. The asphalt operating rate has reached a three - year low [2]. - **Downstream**: The sales of commercial housing in first - and second - tier cities are the same as last year and at a three - year low. The number of international flights has increased, while the number of domestic flights has decreased compared to the same period [2]. Market Pricing The credit spreads of the pharmaceutical and chemical industries have recently declined slightly [3]. Data Charts The report includes various data charts on coal consumption, inventory, operating rates of different industries, traffic congestion indexes, movie box office, flight execution, and real - estate transaction data [4]. Industry Credit Spread Tracking It provides the credit spread data of multiple industries, including past data from last year, a quarter ago, a month ago, last week, and this week, as well as the quantile data [44]. Key Industry Price Index Tracking It shows the price indexes of multiple industries, including the frequency, unit, update time, current value, year - on - year change, and the trend in the past 5 days [45].