Core Viewpoint - Shenzhen is positioning itself as a leader in the new track of "new quality productivity," focusing on hard technology innovations such as artificial intelligence, drones, and new energy vehicles, which are crucial for the global industrial landscape transformation [1][3]. Group 1: Technological Advancements - Shenzhen's R&D investment reached 223.66 billion yuan, growing by 18.9%, marking nine consecutive years of double-digit growth, which supports breakthroughs in hard technology [3]. - Major technological showcases at recent exhibitions included BYD's "megawatt flash charging" technology, allowing for a one-minute charge to achieve a 100-kilometer range, addressing user concerns about range anxiety [3]. - Huawei unveiled significant products like the HUAWEI MateBook Fold and HUAWEI MateBook Pro at the global AI terminal exhibition, while DJI showcased the new Matrice 4 series drones with advanced AI detection capabilities [4]. Group 2: Application of Technology - The trend of technology rapidly transitioning from exhibition to real-life applications is evident, with AI and drones being integrated into various sectors such as smart homes, logistics, and emergency services [5][6]. - Shenzhen plans to open 100 application scenarios annually to enhance the matching of supply and demand, facilitating product development and technology iteration [6]. Group 3: Ecosystem Development - The exhibitions reflect a shift from merely showcasing products to presenting an entire ecosystem, highlighting the collaboration between technology and industry [7]. - The establishment of the Shenzhen AI Glasses Industry Alliance aims to integrate resources across the AI glasses sector, promoting innovation and scaling [8][9]. - Policies supporting the development of these industries include the launch of investment funds for AI terminals and robotics, indicating a strong commitment to fostering long-term capital investment [9]. Group 4: Future Outlook - The combination of hard technology breakthroughs, accelerated application scenarios, and efficient industrial ecosystem collaboration forms the "innovation triangle," which is central to Shenzhen's new quality productivity strategy [9].

Investment Rating - The industry investment rating is "Recommendation," indicating an expected increase in the industry index by more than 5% over the next 3-6 months compared to the benchmark index [49]. Core Insights - The report emphasizes the strategic importance of the U.S. government's executive order aimed at enhancing the leadership position of American drone systems and accelerating the eVTOL pilot programs [5][9]. - It highlights the potential for significant growth in the low-altitude economy, particularly in three application scenarios: new consumption in cultural tourism, manned (passenger) transport, and specialized uses [35][34]. - The report identifies key players in the industry, including manufacturers and supply chain participants, and suggests focusing on segments with high growth potential from 2025 to 2027 [36][34]. Industry Overview - The report notes that as of June 6, 2025, the total market capitalization of the industry is approximately 334.09 billion yuan, with 122 listed companies [2]. - The Huachuang Transportation Low Altitude 60 Index has shown a year-to-date increase of 3.8%, outperforming the CSI 300 Index, which has decreased by 1.6% [26][27]. U.S. Government Initiatives - The executive order signed by President Trump on June 6, 2025, aims to expand the operational scope of drones and accelerate the development and testing of drone technologies, including advanced air mobility [5][6]. - The establishment of eVTOL pilot programs is a key focus, with plans to select at least five pilot projects for applications in cargo transport and medical rescue [10][9]. Market Dynamics - The report indicates that companies like Archer and Joby, despite not yet achieving type certification or mass production, have market valuations exceeding 40 billion yuan, reflecting strong market confidence in the future potential of eVTOL for air transportation [13][12]. - It suggests that both Chinese and American companies are well-positioned to dominate the global market for eVTOL, with China leading in technological advancements [13][12]. Investment Recommendations - The report recommends focusing on key segments within the low-altitude economy, including main manufacturers, supply chain participants, and new infrastructure developments [36][34]. - Specific companies highlighted for investment include Wan Feng Ao Wei (for general aviation and eVTOL), Green Energy Huichong (for drones), and various supply chain firms like Zongshen Power and Yingboer [36][34].

你有没有发现，美国最近的焦虑感特别明显？ 不是那种嘴上说说的担心，是实打实的我们是不是搞砸了的那种慌张。讲真，我刷到《华尔街日报》的那条报道时，第一反应 是：你们终于肯讲点实话了？ 说的是啥？一段话意思很明白：美国这些年折腾了半天，封锁芯片、围堵技术、搞供应链脱钩，折腾来折腾去，不但没把中国摁 下去，反而让中国在一些关键领域越禁越强。 最扎心的一句，是他们承认：在人工智能、自动驾驶、无人机等高科技领域，美国的优势地位正在松动，很多地方已经追不上中 国了。这不是我说的，是《华尔街日报》6月初刊出的原话。消息出来后，我也去看了原文，确实有点味儿。 我就在想，这种反噬，其实早就埋下伏笔。 反而催生了一波国产替代潮。 我说句可能不那么体面的实话：过去这些年，美国用的是冷战思维，想用技术卡脖子让中国掉队，但时代变了。全球产业链不是 单边主义能操控的，那些曾被忽略的备胎，现在都上岗了。备胎变成了主力，中国科技产业链也就补全了最后一块拼图。 有一次我跟搞AI的朋友聊天，他说他们内部的共识是：我们已经不再看美国怎么想，而是自己该往哪走。对，就是这么自信。但 也不是盲目乐观，我查了下，我们在高端EDA软件、顶尖光刻机和某些材料 ...

中青报·中青网记者 尹希宁 低空经济"热"了，什么样的人才最稀缺？ 北方工业大学无人机学院院长董哲提到，2024年，该学校成立无人机学院，这是当时国内第一个以无人 机学院命名的二级学院，旨在结合北京市延庆区产业发展和北方工业大学办学特色，着力打造科教融 汇、产教融合科研高地，助力延庆打造低空无人驾驶航空示范区。 2025低空技术与工程大会上，专家热议低空人才培养与创新引领。主办方供图 董哲提到的北京市延庆区，早在2020年10月就获批中国民航局首批、北京市唯一民用无人驾驶航空试验 区。自那时起，延庆区从政策支持、空间搭建等方面发力，构建了涵盖研发设计、整机制造、运营服 务、反制技术等环节的全产业链条，成为北京市无人驾驶航空示范区。 "成立无人机学院，是发现了低空经济领域人才的稀缺。低空领域哪些人才比较稀缺？我觉得各个领域 的人才都还挺稀缺的。"董哲以无人机的操作人员举例，中央空管办统计全国实名登记注册无人驾驶航 空器目前超220万架，而中国民航局统计的全国实名登记的无人机驾驶员执照数量是超22.5万本。 董哲还提到了几个无人机稀缺人才方向：无人机相关的运行管理人员、无人机管理专业技术人员。"最 缺的实际是交叉 ...

Group 1 - Meituan's first regular drone delivery route in Hong Kong has officially launched, enhancing delivery efficiency by 7 times and marking a new chapter in the low-altitude economy [1][2] - Jiahe Foods has confirmed that the coffee brand "Lucky Coffee," under Mixue Ice City, is one of its important clients, indicating a strong presence in the food and beverage sector [3] - Didi will start distributing over 600 million yuan in high-temperature subsidies across nearly 300 cities in China, providing support for drivers during the summer months [5][6] Group 2 - Boeing has resumed aircraft deliveries to China, with the first Boeing 737 MAX aircraft recently delivered after being returned to the U.S. in April, indicating a recovery in the aviation supply chain [7] - The price of Lao Miao gold jewelry has dropped to 999 yuan per gram, down from 1008 yuan, reflecting a decrease of 9 yuan per gram in two days, influenced by reduced risk sentiment and a stronger dollar [8][9] - Tesla's humanoid robot project leader has announced his departure, with Ashok Elluswamy taking over, which may impact the project's future direction [10] Group 3 - White Elephant Foods has decided to rename its "Duoban" series products to "Noodle Cake 120g" and "Noodle Cake 110g," ceasing production of the original packaging, aiming for greater transparency in branding [11][12] - The China Automobile Circulation Association reports that the new car price war continues, which may suppress the activity in the used car market, as the supply of used cars shows signs of fatigue [17]

完整早报音频，请点击标题下方小耳机收听 【周鸿祎：我准备干掉 360 整个市场部】 360 集团创始人、董事长兼首席执行官周鸿祎发视频称，"我准备干掉 360 整个市场部，这样一年可以给公司 省下几千万。""听起来像天方夜谭，但这次我准备动真格的了。"周鸿祎表示，"从今天起我要准备做一个挑战，我一个人要完成一场完整的新产品发布会 ——测试公司 6 月 11 号即将发布的纳米 AI 超级搜索智能体。""这件事我如果干成了，就意味着 AI 智能体确实有颠覆性的发展，传统的效率模型可能要 被淘汰了， 360 市场部也可以全部转岗到其它部门或者都给我编智能体去。"周鸿祎表示。（上游新闻） 【娃哈哈集团几成 "空壳"！媒体调查：利润被转移，国有股东权益被"悬空"】 据报道，部分娃哈哈集团前高管称，国资作为第一大股东的娃哈哈集团，在 企业治理方面存在诸多问题，娃哈哈产品的利润已转移至娃哈哈集团高管掌控的体外企业，娃哈哈集团几成"空壳"。 "确切地说， 2002 年以后娃哈哈出现了大量绕开国资的体外公司。"一位老员工透露："这些公司主要是由管理层和职工持股会共同成立的投资公司对外投 资的，还有一部分是管理层和中层干部共同成 ...

Group 1 - The demand for skilled talent in enterprises is diverse, requiring targeted services to supply urgently needed personnel [1] - Suzhou is accelerating the construction of an employment-friendly city, with 12 major projects signing cooperation agreements with labor service units [2][4] - In 2024, Suzhou will explore pre-employment labor services and initiate employment assessment for major projects to accurately evaluate their employment capacity [2] Group 2 - A total of 211 major projects with investments exceeding 300 million yuan have been included in the employment assessment, with a total investment of over 231.4 billion yuan [4] - The projects are expected to create 51,189 jobs, with 37,917 new hires needed [4] - The integration of production and education is emphasized as a key driver for innovation and development in Suzhou [5] Group 3 - Strategic cooperation agreements were signed between 10 quality universities and 10 leading enterprises in Suzhou to enhance collaboration in talent cultivation [5] - The establishment of a low-altitude economy education and skills ecosystem aims to accelerate the training of high-skilled talent [6] - Suzhou has organized over 400 school-enterprise matching activities, attracting more than 480,000 skilled talents [6][7] Group 4 - The city is enhancing the efficiency of government-school-enterprise collaboration to better serve the integration of education and industry [6] - A digital exchange platform for school-enterprise cooperation is being developed to centralize talent resource information and skill demands [7]

特朗普签署多道行政令 涉及无人机研发与超音速航空发展 金十数据6月7日讯，美国白宫表示，特朗普签署多道行政命令： ① 签署行政令以确保 美国领空主权及 航空安全。 ② 签署行政令推进 电动空中出租车发展，允许先进无人机操作。 ③ 签署行政令强化国家 网络安全，行政令指示联邦政府推进安全软件开发。 ④ 签署行政令以确保美国在 无人机研发、商业化 及出口领域的持续领先地位。 ⑤ 签署行政命令，推动美国 超音速航空发展，特朗普已下令联邦航空管 理局负责人废除对陆上超音速飞行的禁令。行政令还指示美国联邦航空管理局制定基于噪音的临时认证 标准，并废除其他阻碍超音速飞行的法规。超音速飞机噪音认证标准需考虑社区可接受性、经济合理性 和技术可行性。 ...

Group 1 - Wang Ziru announced his return to Bilibili as "Wang Ziru AI," focusing on AI content creation and helping traditional industries with digital transformation, citing quick financial returns as a motivation [1] - ByteDance's overseas employees experienced food poisoning, leading to a lawsuit against the restaurant Yunhaiyao for violating food sales laws and public health regulations [2] - Yonghui Supermarket is set to open its 100th store redesigned in the "Fat Donglai" model, indicating a shift towards quality retail and a systematic approach to this model [4] Group 2 - Reports indicate that some regions in China have paused the "national subsidy" for home appliance replacements due to exhausted funds, with a total subsidy of approximately 1.2 billion [3] - The chairman of Xizi Elevator, Liu Wenchao, passed away at the age of 54, as confirmed by the company [6] - The company *ST Renle, known as the "first private supermarket stock," is facing delisting due to negative net assets of -387 million yuan as of 2023 [5] Group 3 - Lululemon reported a 7% year-on-year increase in global net revenue for Q1 2025, reaching $2.4 billion, with international business growing by 19% [16] - The AI video software PixVerse launched its domestic version "Pai Wo AI," attracting over 60 million global users and 16 million monthly active users [14] - The company North China Kangyuan completed a 200 million yuan A-round financing to develop clean energy projects [20]

美团副总裁、无人机业务负责人毛一年出席仪式时表示，美团无人机在沙盒试行期间配合监管方要求， 持续开展安全、隐私、信号等测试，确保服务满足安全、操作和技术等相关要求。美团无人机已在香港 成立无人机企业主体，并计划设立研发中心，期待与香港学术界展开低空经济领域的联合研究和技术突 破，助力香港低空经济科技进步和产业发展。 记者在现场看到，首条航线选择"跨海+公园"场景，从香港科学园起飞，降落在马鞍山海滨长廊，目前 已接入麦当劳、必胜客等商户，对比传统骑行配送方式效率提升近7倍。 "首条航线选择'跨海+公园'场景，是因为这一场景在香港比较具有代表性"，毛一年认为，无人机配送 在香港有望成为现有步行、骑行等多种配送方式的重要补充，会更多承接那些因时间或地理空间限制而 难以完成的订单。 新华社香港6月6日电（记者林迎楠）香港低空经济监管沙盒框架下的首条常态化无人机配送航线6日正 式投入运营。"特区政府会维持无人机高速发展步伐，继续研究如何满足低空经济集资需要。"香港特区 政府财政司副司长黄伟纶出席启动仪式时说。 据了解，香港特区政府去年11月发布低空经济监管沙盒，接获由72个申请人提交的"监管沙盒"试点项目 申请，经发展 ...