Core Viewpoint - The document outlines the Chinese government's support for Shenzhen to deepen reforms and innovations in the low-altitude economy, marking a significant upgrade in its exploration of low-altitude economic development, which is expected to accumulate new experiences and explore new paths for the national low-altitude economy [1] Policy and Regulatory Framework - The document emphasizes the establishment of a comprehensive regulatory framework for low-altitude flight management, including the implementation of the "Interim Regulations on the Management of Unmanned Aerial Vehicle Flights" and the exploration of cross-border helicopter flights and public service aviation [1][2] Economic Growth Projections - China's low-altitude economy is projected to exceed 580 billion yuan by March 2025 and is expected to surpass 3.5 trillion yuan by 2035, indicating strong growth momentum in this sector [1] Challenges in Low-Altitude Economy - The low-altitude economy faces challenges in technology, infrastructure, regulatory mechanisms, and talent reserves, including issues with eVTOL battery energy density, autonomous navigation systems, and the need for better integration of low-altitude infrastructure with urban planning [2][3] Infrastructure Development - There is a need to build a supporting system that integrates physical facilities, digital infrastructure, and energy networks, including the construction of general airports and a low-altitude smart network for precise positioning and real-time obstacle avoidance [3] Technological Advancements - The industry is encouraged to implement a "bottleneck breakthrough plan" focusing on key areas such as batteries, flight control, and chips, promoting domestic alternatives and fostering collaboration between academia and industry [3] Market Expansion and New Business Models - The document suggests exploring new business models in the low-altitude economy, such as "shared flights" and low-altitude tourism, while also enhancing data services and establishing a low-altitude data trading platform [4] Talent Development - A multi-level talent development system is proposed, including the establishment of relevant academic programs, vocational training, and international talent recruitment to support the growth of the low-altitude economy [4]

Core Viewpoint - The article discusses the recent performance of the aviation and defense sectors, highlighting the development of low-altitude economy and its implications for investment opportunities in the general aviation industry [1][2]. Group 1: Market Performance - On June 17, major indices experienced a collective pullback, with the General Aviation ETF (159230) declining by 0.39% and the Aerospace ETF (159227) falling by 0.19% [1]. - The holdings within the General Aviation ETF showed mixed results, with stocks like Lijun Co., Ltd. and Lianchuang Optoelectronics facing significant declines, while stocks such as Chenxi Aviation and Xinchen Technology remained relatively strong [1]. Group 2: Policy and Economic Development - On May 30, the National Postal Administration issued guidelines to accelerate technological development in the postal industry, emphasizing the need for drone research in areas like branch transportation and last-mile delivery [1]. - The low-altitude economy is defined as activities involving manned and unmanned aerial vehicles operating below 1,000 meters, extending up to 3,000 meters, which is expected to drive the integration of various related sectors [1]. Group 3: Investment Opportunities - The General Aviation ETF (159230) tracks the National General Aviation Industry Index, focusing on leading companies in the general aviation and low-altitude economy sectors, with a low-altitude economy content of 84.7% and defense industry content of 58.6% [2]. - The Aerospace ETF (159227) targets the military aerospace sector, with a defense industry weight of 99%, making it the purest military ETF in the market [2].

Group 1 - Tianjiu Aviation focuses on the development of general aviation and low-altitude economy, having established a presence in business jets, the Feilian Tianxia online platform, and drone performance over six years [1] - The company plans to launch a low-altitude economic headquarters base in 2025, aiming to tap into the trillion-yuan blue ocean market and create a global O2O low-altitude economic ecosystem service platform [1][19] - The low-altitude economy has been recognized as a trillion-yuan market, with the State Council including it in the government work report for the first time in 2024, prompting various cities to implement supportive policies [9][10] Group 2 - Tianjiu Aviation has developed the Feilian Tianxia app through three iterations, evolving from an enterprise-level platform to an ecological internet platform, earning the nickname "Air Didi" [11] - As of May 2025, Feilian Tianxia has over 430,000 registered users and more than 260 aviation companies onboard, with over 2,200 aircraft available for various services [13] - The company has also introduced a drone performance project, showcasing over 700 performances in 40 cities within a year [15] Group 3 - The low-altitude economic headquarters base will integrate online and offline platforms, providing a comprehensive ecosystem covering over ten business forms, including drone performances, pilot training, and public service operations [21] - The base aims to address supply-demand mismatches and high operational costs in the low-altitude economy, facilitating standardized and scalable operations [21] - Tianjiu Aviation plans to establish this headquarters model in 300 cities within three years, leading industry development and building an aerial ecosystem [21]

当人们还在讨论下一个风口是AI还是机器人时，一片全新的蓝海已经悄然在我们头顶展开。 "低空经济"——正以超乎想象的速度从科幻走进现实。它已连续两年被写入政府工作报告，相关数据显示，2024年，我国低空经济的市场规模 已经达到了5059.5亿元，同比增长了33.8%。 业界普遍预计，今年低空经济的规模将突破1.5万亿元，到2035年，这个数字将飙升至3.5万亿元，一个足以重塑产业格局的庞大市场正在加速 形成。 ▼低空经济特指在1000米以下，进行有人或无人低空飞行活动，带动相关领域融合发展的综合性经济形态 时至今日，全国已有超过30个省级行政区将低空经济明确写入政府工作报告的重点发展领域，从东部沿海到中西部腹地，一场关乎天空的竞赛 已然打响！ 一、低空经济下的城市机遇 然而，伴随这股热潮而来的，也有一丝熟悉的担忧。很多人不禁会问：这会不会是三年前"元宇宙"热潮的重演？ 毕竟，当初超过23个省份发布元宇宙相关政策，产业园遍地开花，资本疯狂涌入，NFT数字收藏品炒到了天价；但转眼间，热潮退去，科技巨 头纷纷裁撤部门，今年第一季度，NFT交易量同比暴跌70%。 那么，低空经济会是下一个"元宇宙"吗？ 答案是：当然不会 ...

Group 1 - The "Su Chao" league has gained significant popularity this summer, with various cultural and social media trends emerging, such as the "dinosaur girl" and the "who is Nan Ge" debate, showcasing the league's cultural impact [1] - A flying team from Zhenjiang performed a remarkable aerial display over the "Su Chao" league match between Yangzhou and Taizhou, with five light aircraft flying in formation and creating smoke trails, enhancing the event's atmosphere [1] - The attendance at the match was 20,897, and the aerial display received over 1.5 million likes on social media, indicating a shift in focus from the match's performance to the spectacle of the event [1] Group 2 - The flying team was organized by Jiangsu Yahua General Aviation Co., which operates from Zhenjiang Dalu General Airport, highlighting the airport's strategic location for such events [2] - The chairman of Yahua Aviation, Shen Gang, noted that the flight training coincided with the "Su Chao" league match by chance, emphasizing the potential for future aerial displays to enhance local events [2] - Zhenjiang has been actively developing its low-altitude economy since the Dalu Airport opened in 2014, attracting over ten general aviation companies and hosting multiple low-altitude economic events this year [2] Group 3 - The Dalu Water Airport project is progressing steadily, aiming to become the first water-land amphibious general airport in East China, which will further enhance the region's aviation capabilities [3] - Dalu Airport has signed agreements for drone test flight projects with companies like Jiangsu Xinyang and Star Space, providing essential airspace resources and facilities for drone production and research [3]

Core Viewpoint - The 2025 Jiangsu Province Urban Football League ("Su Super") is gaining significant attention and engagement, with various cities leveraging the event to boost local economies and tourism, showcasing innovative promotional activities and attracting numerous sponsors [1][13]. Group 1: Event Highlights - The fourth round of "Su Super" features impressive aerial displays, including over 1,000 drones in Nanjing and a formation of five planes in Yangzhou, enhancing the event's visibility and excitement [2][3][5]. - The attendance for the Yangzhou vs. Taizhou match reached nearly 20,000 spectators, indicating a strong local interest in the league [2][11]. Group 2: Celebrity Engagement - Football star David Beckham participated in a promotional event in Suzhou, energizing local fans by cheering in the local dialect [10]. - Renowned sports commentator Han Qiaosheng made a surprise appearance at the Yangzhou match, further elevating the event's profile [11]. Group 3: Sponsorship Growth - The number of sponsors for "Su Super" has surged from 6 to 20, with sponsorship fees reaching 3 million, highlighting the event's increasing commercial appeal [13][15]. - Major brands such as JD.com and Yili have joined as official sponsors, reflecting the event's attractiveness to large corporations [13][14]. Group 4: Economic Impact - Various cities are capitalizing on the event to promote tourism, with initiatives like free access to attractions in Wuxi and special dining offers in Changzhou and Huai'an [16][17]. - The Jiangsu Provincial Cultural and Tourism Department has launched over 1,800 cultural and tourism activities during the league, anticipating a total economic impact exceeding 300 million [17].

Core Viewpoint - The Jiangsu Province Urban Football League ("Su Super") is gaining significant popularity and economic impact, with various cities leveraging the event for tourism and local business growth [1][19]. Group 1: Event Highlights - The fourth round of "Su Super" has seen innovative promotional activities, including a drone show in Nanjing with over 1,000 drones showcasing the event [3][4]. - The match between Yangzhou and Taizhou attracted nearly 20,000 spectators, with aerial displays from five light aircraft adding to the excitement [4][6]. - Celebrities and sports figures, such as David Beckham and renowned sports commentator Han Qiaosheng, have participated in promoting the league, enhancing its visibility [11][12]. Group 2: Sponsorship and Economic Impact - The number of sponsors for "Su Super" has increased from 6 to 20, with sponsorship fees rising to 3 million, indicating high demand for sponsorship opportunities [15][17]. - Major brands like JD.com and Yili have joined as official sponsors, alongside other notable companies, reflecting the league's growing commercial appeal [16]. - The league is projected to generate over 300 million in comprehensive economic benefits throughout the season, driven by increased tourism and local promotions [19]. Group 3: Local Economic Initiatives - Cities are actively promoting local tourism during the league, with initiatives such as free access to 44 attractions in Wuxi and special discounts in local businesses [18]. - Events like the "Lobster Feast" in Huai'an are expected to attract significant visitor numbers, with projections of selling 100 tons of lobsters over three days [18]. - The Jiangsu Provincial Department of Culture and Tourism has launched over 1,800 cultural and tourism activities to coincide with the league, aiming to boost local economies [19].

Core Insights - The Jiangsu Provincial Urban Football League ("Su Super") is gaining significant popularity, drawing comparisons to major events like the Super Bowl due to its vibrant activities and community engagement [1][2] - The league has seen a substantial increase in sponsorship, with the number of sponsors rising from 6 to 20, reflecting a growing interest from major brands and industries [1][10] Group 1: Event Highlights - The fourth round of the "Su Super" attracted nearly 20,000 spectators to the Yangzhou Sports Park, showcasing the event's ability to draw large crowds [3] - A spectacular drone show featuring over 1,000 drones was held in Nanjing, enhancing the event's visibility and excitement [2] - The event included aerial displays from five light aircraft, which added to the festive atmosphere and drew cheers from the audience [5] Group 2: Sponsorship and Economic Impact - The number of sponsors for the "Su Super" has increased significantly, with sponsorship fees reaching 3 million, indicating a high demand for sponsorship opportunities [10] - Major brands such as JD.com and Yili have joined as official sponsors, further solidifying the league's commercial appeal [10] - The league is projected to generate over 300 million in comprehensive economic benefits throughout the season, highlighting its potential impact on the local economy [14] Group 3: Community Engagement and Promotions - Various cities are leveraging the league's popularity to boost local tourism and economy, with initiatives like free entry to attractions and special discounts on local cuisine [13] - Events such as the "Lobster Feast" in Huai'an are expected to attract significant visitor numbers, with projections of selling 100 tons of lobsters during the event [13] - The Jiangsu Provincial Department of Culture and Tourism has launched over 1,800 cultural and tourism activities to coincide with the league, aiming to enhance visitor experiences [14]

Core Insights - The launch of the low-altitude economy "pilot zone" in Dongyang aims to integrate low-altitude aviation with the film and tourism industries, establishing a modern transportation industry cluster [1][5] - Dongyang is recognized as a pilot city for low-altitude economy in Zhejiang Province, which is expected to set a model for low-altitude economic development in China [5][6] Group 1: Infrastructure and Development - The Hengdian General Airport, located in a renowned film production area, is China's first town-level general airport and has attracted around 30 general aviation companies with 60 aircraft, achieving an annual flight volume exceeding 10,000 [2][5] - The airport is undergoing an expansion of its 1,800-meter runway, which will become the longest in East China and will support a comprehensive general aviation service network [2][6] - New testing bases for eVTOL aircraft, stratospheric airships, and drone communication are planned to be established at Hengdian [2] Group 2: Economic Impact and Opportunities - The low-altitude economy is viewed as a new growth engine for Dongyang, with the pilot program expected to create new opportunities and enhance the local economy [5][6] - The "Air Tour Hengdian" project has become a significant attraction, offering 10 low-altitude routes for tourists to view various film shooting locations [6] - The airport has established a provincial emergency rescue base and is equipped with professional rescue helicopters to support aerial rescue operations in central Zhejiang [6] Group 3: Skills Development and Collaboration - The event included the signing of multiple agreements related to drone service bases and low-altitude economic development, alongside a drone skills competition to promote technology exchange [8][11] - The establishment of a drone training system and the initial development of an aviation test flight base are expected to provide essential talent and technical support for the general aviation industry [6][8]

Core Insights - Young consumers have become a significant force in the cultural tourism market, seeking unique life experiences and emotional value beyond traditional sightseeing [1][4] - Low-altitude tourism scenarios are not limited to scenic spots but can effectively channel traffic between different attractions, enhancing tourism consumption frequency [1][6] Group 1: Consumer Trends - The majority of visitors to the Sichuan aviation base are under 30 years old, with a 30% increase in visitor experiences year-on-year and a 40% increase during peak holiday periods [2][4] - The "Air View of Shihai" helicopter tour project in Yibin has become a new hotspot in the local cultural tourism market since its launch during the May Day holiday [3][4] Group 2: Technological Advancements - Advances in low-altitude flying technology have significantly reduced noise levels, improving the passenger experience [4][5] - The company plans to introduce new air routes to connect scenic spots, reducing travel time and enhancing the attractiveness of aerial views [5][6] Group 3: Market Development - The company aims to establish vertical take-off and landing networks in every town, offering flight training and themed flight experiences, which will also support emergency rescue services [7] - Sichuan has formed a low-altitude flight network that connects various regions, promoting the development of low-altitude tourism and short-distance transportation [7]