在受让吉峰科技股权的同时，安徽澜石曾在4月份与上市公司签署《股份认购协议》，拟以5.66元/股认 购上市公司非公开发行的1.08亿股，耗资6.12亿元。吉峰科技拟将募资净额全部用于补充流动资金。不 过，公司尚未召开股东会审议该定增事宜。 新东家的资金尚未到位，吉峰科技频频申请银行授信。公司原实际控制人汪辉武则依旧在发光发热。8 月以来，吉峰科技公司及子公司向银行申请授信时，汪辉武都提供了连带责任保证担保。 早前，安徽澜石企业管理咨询有限公司（下称"安徽澜石"）与一致行动人湖北尚旌在今年7月协议受让 五月花拓展持有的吉峰科技9711.82万股股份（占公司总股本的19.65%）完成工商过户。至此，上市公 司控股股东变更为安徽澜石。 上述股权交易单价为8.06元/股，总价为7.83亿元。其中，安徽澜石受让吉峰科技股份7235.68万股（持 股比例为14.64%），交易总价为5.83亿元。 按照吉峰科技当前的股价，安徽澜石的持股市值为5.796亿元。 公开资料显示，芜湖联合飞机科技有限公司（下称"芜湖联合"）系安徽澜石全资股东安徽初朴的主要出 资人（持股比例为66.67%），深圳联合飞机科技有限公司（下称"联合飞机" ...

Core Viewpoint - China Orient Asset Management Co., Ltd. focuses on providing financial support for the high-quality development of the manufacturing industry, aiming to be a "resolver" of financial risks, a "promoter" of industrial transformation, and a "guardian" of healthy corporate development [1] Group 1: Financial Support and Services - Over the past five years, China Orient has invested in 122 manufacturing projects with a total investment exceeding 45 billion yuan [1] - The company employs various business models such as non-performing asset acquisition and market-oriented debt-to-equity swaps to provide comprehensive financial services throughout different stages of manufacturing enterprises [2] - China Orient has supported a leading domestic drone manufacturer by alleviating financial crises through non-performing asset acquisition and restructuring, thus stabilizing the company's equity structure [2] Group 2: Supporting Key Industries - China Orient participated in a capital increase for Seres, a leading domestic new energy vehicle company, to help it strengthen its capital base and control its debt ratio [3] - The company established a special fund to support Zhongxin Innovation, a third-ranked power battery manufacturer, in reducing its debt ratio and accelerating innovation [3] - China Orient has played a crucial role in the bankruptcy restructuring of Jiangsu Zhongli Group, helping the company offload nearly 10 billion yuan in debt and retain over 2,600 jobs [4] Group 3: Industry Transformation and Upgrading - The company focuses on supporting high-end, intelligent, and green manufacturing goals, utilizing regional advantages to allocate resources effectively [7] - China Orient has assisted in the development of the integrated circuit industry in Hefei, helping to secure financial channels and reduce leverage for key enterprises [7] - The company invested in InnoSemiconductor, a leading third-generation semiconductor firm, to alleviate its debt pressure and support its expansion and listing [7] Group 4: Regional Economic Support - China Orient has supported a key local state-owned enterprise in the salt lake industry in Qinghai, helping to improve the regional credit environment and facilitate the high-quality development of lithium carbonate projects [8]

8月19日，在郑州市上街区河南三和航空工业有限公司(下称"三和航空")的试飞场，一架以氢能源为动 力的无人机缓缓升空，这是河南首架氢能源无人机。 它的稳定升空，不仅标志着河南在氢能低空应用领域实现零的突破，更与郑州打造"中原氢都"、建设国 家低空经济示范区的战略布局同频共振。 河南首架氢能源无人机试飞 当天的上街试飞场，阳光穿透云层洒在跑道上。这架翼展2.8米的四旋翼无人机，机身下方悬挂着两个 容积20升的氢瓶，搭载的正是清能股份研发的10kW(千瓦)空冷燃料电池系统。 启动指令发出后，氢气与空气中的氧气在电堆中发生化学反应，安静地转化为电能与水，推动螺旋桨转 动——整个过程没有轰鸣，也没有尾气排放。 "在满载100公斤的情况下，续航时间可达45分钟，是传统锂电池方案的3倍。"本次试飞技术支持方清能 股份相关工作人员介绍，传统锂电池无人机受能量密度限制，同等负重下续航通常不超过20分钟，而氢 能源系统在相同负重下，不仅续航大幅提升，加氢时间还仅需5分钟，精准解决了行业'充电两小时、飞 行半小时'的痛点。 此次试飞成功，正是郑州"中原氢都"战略与低空经济政策协同发力的生动实践。作为国家首批氢能示范 城市，郑州已 ...

Core Viewpoint - The recent military parade showcased the "unmanned combat swarm" as a significant highlight, indicating advancements in military technology and strategic capabilities [1] Group 1: Military Technology - The display of unmanned intelligent and anti-drone equipment by the army, navy, and air force signifies a national-level technological demonstration [1] - The integration of unmanned systems in military operations reflects a shift towards modern warfare strategies [1] Group 2: Future Implications - The event raises questions about the future of military engagements and the potential for unmanned systems to redefine combat scenarios [1] - The emphasis on unmanned technology suggests a focus on innovation and modernization within the military sector [1]

Group 1 - The core point of the news is that Jiangsu Huaying Enterprise Management Co., Ltd. has pledged 8.5 million shares of Yongyue Technology, accounting for 2.37% of the total share capital [1] - The pledged shares represent 13.67% of the shareholder's total holdings, with the pledge starting on August 26, 2025 [1] Group 2 - Yongyue Technology reported a main revenue of 149 million yuan for the first half of 2025, a year-on-year decrease of 6.16% [2] - The net profit attributable to the parent company was -6.1745 million yuan, which is a year-on-year increase of 75.24% [2] - The company's second-quarter revenue was 88.1491 million yuan, also reflecting a year-on-year decline of 6.24% [2] - The second-quarter net profit attributable to the parent company was -337,900 yuan, showing a significant year-on-year increase of 97.35% [2] - Yongyue Technology's main business includes unsaturated polyester resin and drone operations [2]

Core Insights - The low-altitude economy is rapidly evolving in China, particularly in the Guangdong-Hong Kong-Macao Greater Bay Area, driven by favorable policies and leading companies like Xpeng Heavens and DJI [2][4] - By 2025, the market size of China's low-altitude economy is projected to reach 1.5 trillion yuan, with a talent gap of 1.5 million [2][4] - The low-altitude economy is seen as a new economic space that can transform previously unthinkable operations into reality, such as drone logistics and urban air mobility [9][10] Regional Development - The four major growth poles for low-altitude economy in China are the Greater Bay Area, Yangtze River Delta, Chengdu-Chongqing region, and Beijing-Tianjin-Hebei [6][7] - Each region has unique advantages: the Greater Bay Area has strong market demand and policy support; the Yangtze River Delta has a robust manufacturing base; Chengdu-Chongqing is a key aviation industrial center; and Beijing-Tianjin-Hebei benefits from rich technological resources [6][7] Employment Opportunities - There are various entry points for individuals looking to enter the low-altitude economy, such as becoming drone pilots, maintenance technicians, or involved in logistics and tourism operations [15][16] - The demand for skilled professionals in this sector is high, with positions like flight control algorithm engineers and drone pilots offering salaries starting at 1.5 million yuan annually [2][15] Infrastructure and New Construction - Key components of low-altitude new infrastructure include takeoff and landing facilities, communication networks, monitoring and regulatory systems, navigation and positioning facilities, energy supply stations, and air traffic management systems [12][13] - These infrastructures are essential for ensuring the safety and efficiency of low-altitude operations [12][13] Industry Leaders and Market Dynamics - DJI is currently a leading player in the drone industry, with potential for becoming a market "dark horse" as it seeks to go public [22] - The low-altitude economy is characterized by a multi-tiered structure of leading companies, focusing on areas such as aircraft manufacturing, power systems, and air traffic management [24] - Institutions are particularly interested in companies with strong core technologies and clear commercialization paths, as well as those benefiting from supportive policies [24][25]

Core Viewpoint - The article highlights the advancements in China's unmanned aerial vehicle (UAV) technology, showcasing new models that enhance combat capabilities and operational versatility in modern warfare [1]. Group 1: Technological Advancements - The showcased UAVs include new reconnaissance and strike drones, unmanned auxiliary aircraft, and shipborne unmanned helicopters, which are designed for covert operations, wide-area coverage, and autonomous collaboration [1]. - The five types of equipment presented are domestically developed and possess both land-based and naval operational capabilities, aimed at performing diverse battlefield tasks such as reconnaissance, surveillance, and strikes [1]. Group 2: Military Structure - The formation of the UAV squadron is primarily composed of units from the Navy and Air Force, indicating a collaborative approach in enhancing aerial combat capabilities [1].

无人机送生鲜到社区，医疗机跨区运急救药，植保机巡田防治病虫害……眼下，低空经济正以前所 未有的速度融入生产生活各领域，成为激活经济增长的新动能。但伴随着产业的加速发展，技术隐患、 运行风险、责任纠纷等新考验也逐渐凸显。 8月29日，全国首个低空经济共保体（以下简称"低共体"）成立大会暨项目签约活动在重庆举办。 19家低共体成员单位签署合作协议，人保财险代表低共体发布倡议书，低共体成员单位与16家单位完成 项目签约，为被保险人提供6115万元的风险保障。 在业内人士看来，低空经济的安全发展离不开保险护航，但当前保险供给与产业需求仍存在适配差 距。此次低共体的成立，既是保险业整合资源、提升承保能力的创新尝试，也为破解低空经济风险保障 难题提供了新路径。未来，保险业还需在产品定价、行业标准、人才储备等方面持续突破，让保险真正 跟上低空经济的发展节奏。 低空经济"飞稳"催生保险需求 低空经济是依托通用航空、无人机、低空飞行器等装备，在距地面1000米以下的低空空域开展生 产、服务、消费等活动的经济形态，小到无人机物流配送、植保作业，大到低空旅游、应急救援、城市 空中交通，都在其覆盖范畴内。其中，无人机产业规模约占低空 ...

Core Insights - The Qianhai Comprehensive Bonded Zone has achieved a remarkable leap from 19th to 3rd place in the national performance evaluation, marking its first entry into the top three, and is the only bonded zone in the Guangdong-Hong Kong-Macao Greater Bay Area to do so [2] - In 2024, the total import and export value of the Qianhai Bonded Zone reached 375.25 billion, a year-on-year increase of 49.9%, significantly surpassing the national average [3] - The Qianhai Bonded Zone has become a core engine for Shenzhen's foreign trade growth, accounting for two-thirds of the total import and export volume of Shenzhen's three bonded zones [3] Performance Metrics - The Qianhai Bonded Zone's import and export scale for January to July reached 221.5 billion, a year-on-year increase of 19.1%, setting a historical record for the same period [3] - The zone has attracted nine enterprises with over 10 billion in import and export value, with Yuhai Global emerging as a leading player with over 100 billion in foreign trade [3] Policy Innovations - Shenzhen Customs has introduced a new customs supervision model to support high-value products, significantly reducing clearance times and transforming "time costs" into "enterprise benefits" [4] - The inclusion of products like DJI toy drones and Siemens MRI components in the bonded zone's maintenance product catalog has alleviated high repair costs for enterprises [4] New Business Models - The "Bonded+" model has expanded into the leasing sector, with the successful clearance of the first civil aviation engine bonded financing lease, which has eased capital occupation pressures for enterprises [5] - The Qianhai Bonded Zone has conducted bonded leasing for 11 aircraft, 2 ships, and 1 aircraft engine, with a total value of nearly 4 billion, becoming a new growth point for regional foreign trade [5] Cultural Initiatives - The Qianhai Bonded Zone hosted Guangdong's first bonded auction for cultural artworks, innovatively combining "overseas bonded" and "domestic art" in a competitive format [5]

Group 1: Financial Performance - The company achieved a revenue of 70,505.32 million yuan in the first half of 2025, representing a year-on-year growth of 14.08% [1] - The net profit attributable to shareholders reached 6,370.41 million yuan, with a year-on-year increase of 35.31% [1] Group 2: Business Strategy and Development - The company has established a "three-in-one + industrial investment" development strategy, aligning its business with national goals in aviation and technological independence [2] - Significant advancements in product development include the successful evaluation and delivery of various systems such as drone engine electronic control systems and commercial aircraft oxygen systems [2] Group 3: Logistics and Market Position - The company is the first third-party modification company globally for the Airbus EFW A321 passenger-to-freighter project and the only one in China capable of modifying both B737NG and A321 aircraft [2] - An estimated 2,991 new freighters and passenger-to-freighter conversions are expected to be delivered over the next 20 years, with 2,041 passenger aircraft projected to enter the cargo market by 2041 [2] Group 4: Investment and Innovation in Low-altitude Economy - The company completed a strategic investment in "Aosi Technology," focusing on the future of the low-altitude economy and leveraging its technological advantages [3] - The company has developed the first domestic eVTOL simulator and is involved in multiple low-altitude industry standard formulations [3] - Successful development of the first 600 kW turboshaft drone engine control system, with initial deliveries to customers underway [3]