21世纪经济报道记者孙燕 上海报道 国内"工业无人机第一股"纵横股份（688070.SH）交出2024年成绩单。 2024年，纵横股份实现营业收入4.74亿元，同比增长57.14%；归属于上市公司股东的净利润-0.36亿元， 同比减少亏损44.51%。 分季度看，纵横股份的营业收入逐季增长，前三季度归属于上市公司股东的净亏损逐季减少。2024年四 季度，纵横股份实现扭亏。 此外，2024年，纵横股份持续加大在云龙大载重无人机（大型固定翼无人机）、无人值守系统等新产品 研发投入力度。从产销量情况分析表看，2024年无人值守系统已实现销售，固定翼无人机尚未实现销 售。 在硬件之外，纵横股份的营业收入还来自无人机服务、无人机配件。其中，无人机服务主要包括无人机 航飞数据服务、低空数字运营服务、无人机教育培训服务。 尽管自2021年，纵横股份持续亏损，但纵横股份认为，随着各地低空经济基础设施逐步启动建设，以及 应急、林业、智慧政务、城市物流等新兴场景的示范项目，2025年相关项目有望加速落地执行，行业需 求有望从试点验证转向多点爆发。 巡检、地理测绘、农林植保、安防监控是目前工业无人机的主要应用场景，应急救援、物流运 ...

近年来，全球无人机行业的竞争格局正发生剧烈变化。从消费级市场的激烈厮杀，到专业级领域的技术博弈，无人机行业正从"硬件比拼"迈向"生态殖 民"的新阶段。 作为全球无人机领域的绝对霸主，大疆（DJI）凭借技术领先、产品线全面、生态成熟等优势，长期占据全球70%以上的市场份额。然而，随着低端市场 竞争加剧、政策限制加剧以及隐私争议的浮现，这家技术巨头正面临前所未有的挑战。 大疆无人机的"生态帝国" 2024年大疆交出了一份"强者恒强"的成绩单：数据显示，大疆长期占据全球70%-85%的份额，尤其在北美、欧洲、亚洲等主要市场处于绝对垄断地位。行 业应用市场（农业、测绘、安防等）：大疆市场份额超过50%，领先竞争对手如Autel、Parrot等。 在国内的消费级无人机市场上，大疆更是占据9成以上份额。即使在乡镇这样的下沉市场都能看到大疆的销售门店，可见大疆在农业无人机方面的霸主地 位，大疆农业无人机不仅内销国内市场，还畅销海外市场，截至2024年，大疆农业无人机的出口数量相比2017年增长了32倍。 凭借优异的表现，大疆凭借1250亿元的估值上榜胡润研究院发布的"2023年全球独角兽"排行榜，在中国企业中排名第九。表面 ...

>>点题 "同学们，独轮车好玩吗?好玩你就比个耶!"4月11日，深圳市罗湖区梅园实验学校里迎来了一位特殊的 无人机"员工"。它从教学楼楼顶一个"四方形盒子"里弹开，四对旋翼挥舞，轻盈升空，巡逻执勤之余， 还能移动喊话，全程没有一个飞手在操作。这个"四方盒子"是首台走进深圳中小学校园里的全自动无人 机机场。其所搭载的高性能无人机可加挂随动式探照灯、实时语音喊话器等配件，全天候无人值守、全 流程自动作业。 早在2023年12月，深圳市罗湖区的第1座无人机机场就落地莲塘街道投入测试使用，经过反复测试、实 地论证、机场选址，为后续机场的扩建积累经验。今年4月，罗湖的第15座无人机机场正式运营。 只需远程在屏幕上轻轻一点，一架无人机快速反应，从占地不到1平方米的机巢腾空而起，按照既定的 航线任务，智能开展交通、房管、市容、规土、生态等方面的巡查。无人机搭配红外、激光雷达、喊话 器等挂载，可满足不同应用场景的需求。操控人员在后方不仅能看到无人机实时传输回来的画面，还能 通过AI技术对图像和视频中的内容进行自动检测，并对特定的违法行为进行抓拍和消息推送。 全流程自动作业，无人机"员工"大显身手 ——深圳市罗湖区委书记范德繁 ...

北京商报讯（记者马换换）作为联合飞机集团的创始人，田刚印将拥有首个上市平台。4月17日晚间， 吉峰科技（300022）披露公告称，公司控股股东将由四川五月花拓展服务有限公司（以下简称"拓展公 司"）变更为安徽澜石企业管理咨询有限公司（以下简称"安徽澜石"），实际控制人由汪辉武变更为田 刚印。公司股票自4月18日起复牌。 另外，联合飞机已在北京、深圳、安徽、陕西、甘肃等地实现产业体系布局，开展无人机、航空机载设 备的研发、生产经营、销售及售后等无人机全线技术服务，打造具有国际影响力的无人机产业集群。 值得一提的是，联合飞机官网还有田刚印的多个荣誉奖项，包括无人系统行业金翼奖年度人物、"中国 无人机杰出贡献奖"等。 （文章来源：北京商报） 公告显示，4月16日，拓展公司、特驱教育、安徽澜石及汪辉武签订《股份转让协议一》。同日，拓展 公司与湖北尚旌（代表其管理的尚旌业问盈沣一期私募证券投资基金，简称"盈沣一期"）签订《股份转 让协议二》。同日，湖北尚旌与安徽澜石签订《表决权委托协议》。如上述协议转让股份实施完成，且 盈沣一期将其获得股份对应的表决权委托给安徽澜石行使，盈沣一期与安徽澜石构成一致行动关系，股 权转让及 ...

Industry Overview - The low-altitude economy supply chain in China has formed a comprehensive development pattern characterized by "upstream independent breakthroughs, midstream collaborative tackling, and downstream standard leadership" with eVTOL and drone manufacturing at its core [2][19] - The domestic market for eVTOL is projected to have a potential demand of 24000 units for tourism and 85000 units for commuting, leading to a total market size exceeding 250 billion [2][45][46] - The eVTOL power system is a critical component of the low-altitude economy, accounting for approximately 40% of the total cost structure of eVTOLs [2][48] Technological Trends - eVTOL technology is diversifying with three main configurations: multirotor, compound wing, and tilt-rotor, each offering unique advantages for different applications [34][35] - The shift towards electric propulsion systems is evident, with a focus on high energy density and low emissions, making them the preferred choice for future urban air mobility [54][55] Market Dynamics - The global low-altitude economy market is expected to grow from approximately 2.08 trillion yuan in 2023 to 2.32 trillion yuan in 2024, indicating significant growth potential [23] - In China, the low-altitude economy market is projected to reach 859.2 billion yuan by 2025, with a compound annual growth rate of 33.8% [23][27] Company Insights - EHang Intelligent (EH.O) has become the first company in China to obtain all four necessary certifications for eVTOL, indicating a significant step towards commercialization [6][51] - Companies like EHang and others are actively collaborating with electric motor manufacturers to enhance their eVTOL offerings, with substantial orders already in place [52] Policy Support - The development of the low-altitude economy has been elevated to a national strategy, with various government departments providing comprehensive support through policies aimed at infrastructure, regulations, and industry standards [14][17] - By 2025, over 30 provinces and cities in China are expected to include low-altitude economy initiatives in their government work reports, promoting infrastructure development and industry standards [14][18]

呃各位下午好啊那个我介绍一下啊就是这两个比较热门的话题给在有哪些机会呃从报告整个内容来看呢我们先从人形机器人讲起呃人形机器人呢他有别于我们常见的在工厂里面这些机械臂啊因为机械臂呢因为他动作啊是比较规定好的他是循环的 那么人型机器人呢他能够模仿我们人类的动作有自己的一些判断所以在他的应用场景呢会更为这个复杂你比如说我们工厂里面现在有一些工人啊他用一些机械笔不能简单的替代的时候你典型的就是自检质量检测的一块你可能我们用简单的这个视觉啊识别啊难度都很大啊想把这个人从这个工厂里面解放出来 那么人形机器人给他训练之后这就是一个比较好的应用场景就可以把我们一些自检的人员自检员从这个岗位上给他解放出来那么从人形机器人他的发展历程来看还是在美国日本欧洲他们早在十多年以前就开始布局那么这两年为什么人形机器人活起来了我想还是根据人工智能对他有一定的赋能让他更加聪明 让他这个整个软件的设施尤其他的智能判断更多调研既要添加微信SCCF777666这个更加能够接近我们人类的时候这个时候呢人型机器人他整个的应用才成为了现实尤其在特斯拉他宣布啊今2025年是他特斯拉叫这款机器人啊是成为他们今年应用的元年 他在二零二五年准备大概有一千台位单 ...

Summary of Conference Call Notes Company and Industry Involved - The discussion revolves around a robotics company specializing in firefighting robots and their applications in emergency rescue and data center fire prevention. Key Points and Arguments 1. The company's firefighting robots have received high recognition from the industry, with positive evaluations from local fire departments during application tests [1] 2. The company is exploring the development of humanoid robots to replace firefighters in hazardous environments, aiming to enhance decision-making through real-time data transmission [1][2] 3. A second-generation robot has been developed to automate the connection of firefighting hoses, potentially reducing the risks faced by firefighters during rescue operations [3] 4. The company is actively collaborating with leading domestic robotics manufacturers to optimize their existing robot designs for emergency rescue scenarios [2] 5. The robots are included in the national application promotion directory by the National Fire Administration, indicating a promising market outlook [5] 6. The sales price of the robots ranges from several hundred thousand to over a million, depending on configurations for different applications [5] 7. The company has received orders from various regions, including Xinjiang and Fujian, for their robots, particularly in response to recent fire incidents in battery production facilities [6] 8. The company is developing a third-generation robot with intelligent recognition capabilities to assist in firefighting and rescue operations [9] 9. The company has established a mature technology in data center fire prevention, adapting to the increasing power demands and complexities of modern data centers [11][12] 10. The integration of AI and advanced sensors is crucial for enhancing fire detection and prevention technologies in data centers [13][14] 11. The company is also exploring the use of drones for forest fire prevention and detection, collaborating with local forestry departments [17][18] 12. The company has a clear strategic focus on expanding its business in firefighting robots, data center fire prevention, and the industrial economy, indicating a strong growth potential [21] Other Important but Possibly Overlooked Content 1. The company is leveraging extensive data and experience accumulated over years in the firefighting sector to improve robot training and operational capabilities [4] 2. The discussion highlights the importance of adapting firefighting technologies to meet the specific needs of various environments, including complex urban settings [8] 3. The company is in the process of evaluating its partnership with a drone company, aiming for potential control over the partnership based on performance metrics [19][20]

石头押注大家电，冰箱产品曾胎死腹中 近两年扫地机市场内卷得厉害，扫地机公司都在试图寻找第二增长曲线。石头老板看好大家电行业，一上来就和传统家电巨头卷洗烘一体 机，三年投入千万，分子筛低温烘干技术直接把热泵烘干机的价格从2万干到万元内，想通过价格策略先挤上牌桌。 据说在做洗衣机之前，石头做过大量调研，曾试图做冰箱，但老板觉得还没到能投入市场和产品回报的时候，最后被否掉了。 近期追觅也宣布进军大家电，并在AWE上展出了首款空调、冰箱、洗衣机等智能化产品。传统家电公司与扫地机公司之间，必将上演一场好 戏。（关于石头、追觅大家电的更多信息，可添加作者微信 Angiee0620 交流。） 无人机行业暗战激烈，连生产线表演赛也不放过 无人机行业各家公司之间的火药味十足，连公司生产线宣传片都暗中较劲。公司J曾经为了展示自家生产规模大，品质稳定可靠，对外发布 过一则宣传片，画面展示的是一群中国女工在工厂打螺丝。不到三天时间，公司D发布了相同的生产线展示视频，不过宣传片里全是自动化 生产线。 没过多久，公司T也发布了无人机生产线视频，中国女工换成了外国女工，想借此机会告诉外界自家无人机是在美国本土生产的，实际上是 在深圳请了外 ...

Group 1: Company Insights - BoShi Fund conducted research on six listed companies, focusing on their strategic initiatives and market performance [1][2][3][4][5][6] - Jerry Holdings is executing an international strategy with significant achievements in overseas markets, particularly in the Middle East, and plans to enhance cash flow management and cost reduction in 2024 [1] - Luxshare Precision has a limited impact from U.S. tariffs due to a small proportion of exports to the U.S., and it is observing the situation while emphasizing global capacity layout opportunities [2] - SuShi Testing anticipates a decline in main business revenue and net profit in 2024, with a focus on controlling capital expenditure in traditional areas while exploring emerging sectors [3] - Aerospace Rainbow has made significant progress in drone and missile businesses, with optimistic market expectations for exports and ongoing development of new products [4] - Crystal Optoelectronics is committed to a global and technology-driven strategy, with growth in AR and automotive sectors, while managing production adjustments and maintaining profitability [5] - Guanghe Technology is experiencing steady revenue growth driven by market opportunities and technological innovation, with a focus on AI products and maintaining high production capacity [6] Group 2: Financial Performance - Jerry Holdings reported a cash flow from operating activities of 2.594 billion, a year-on-year increase of 147.3% [1] - SuShi Testing expects a main business revenue of 1.920 billion, a decrease of 4.56%, and a net profit of 229.41 million, down 27% [3] - Aerospace Rainbow's drone export revenue is approximately 1.3 billion, with a gross margin of about 36% [4] - Guanghe Technology achieved an operating income of 3.734 billion, a year-on-year increase of 39.43%, and a net profit of 676 million, up 63.04% [6]

Summary of Key Points from the Conference Call Company and Industry Overview - The company discussed its operations in the drone and charging station sectors, highlighting its recent acquisition of a 57% stake in Zhonghang Tong, which has expanded its heavy-lift drone business [3][20]. Core Insights and Arguments - **Revenue Targets**: The company set a revenue target of 1.9 billion yuan for 2025, primarily from charging facilities, excluding drone business revenue. This target is part of the stock incentive assessment indicators [4][8]. - **Charging Station Business**: The charging station business focuses on fast-charging equipment sales, benefiting from the growth of new energy vehicles and advancements in autonomous driving technology. Profit margins are expected to improve to 7-8% by 2025 [4][9]. - **International Expansion**: The company is actively expanding its charging station business overseas, with collaborations in Europe, Southeast Asia, the Middle East, Japan, Australia, and South America. However, it has not entered the U.S. market due to tariff policies [5][17]. - **Drone Business Development**: The company aims to replicate the rapid growth model of its charging station business in the drone sector, with an internal target of 100 domestic drone orders for 2025 [4][18][20]. - **Market Demand**: The drone project in Indonesia has made significant progress, driven by demand in Southeast Asia and Belt and Road countries, as well as trade opportunities arising from U.S. tax policies [4][13][17]. Additional Important Content - **Sales Model**: The company focuses on equipment sales rather than platform operations, differentiating itself from typical distributor models [10]. - **Profit Margin Trends**: Despite rapid revenue growth, profit margins have been low due to high expenses during the expansion phase. However, margins are expected to improve as scale increases [9]. - **Future Growth Expectations**: The company anticipates a high growth period over the next 2-3 years, which will support the development of large projects in the green energy sector [19]. - **Share Buyback Plans**: The company has completed part of its share buyback plan, with future buybacks contingent on cash flow conditions [14][15]. This summary encapsulates the key points discussed in the conference call, providing insights into the company's strategic direction and market positioning.