Core Viewpoint - The article emphasizes the importance of cultivating patient capital to support the high-quality development of the real economy, particularly in the context of technological innovation and industrial transformation in China [1][3]. Group 1: Characteristics of Patient Capital - Patient capital is characterized by long-term investment behavior, a higher risk tolerance for short-term market fluctuations, and a focus on deep integration with specific fields [1][2]. - This type of capital can create "patient dividends" and achieve "patient premiums" by not pursuing quick profits, thus enabling more substantial long-term investment returns [2]. Group 2: Current Trends in Technological Innovation - Recent advancements in technology, driven by information and energy sectors, indicate a significant growth trend in China's technological and industrial innovation, with notable companies emerging in various high-tech fields [3]. - The 2024 Central Economic Work Conference has called for the expansion of patient capital and greater efforts to attract social capital for venture investments [3]. Group 3: Challenges and Opportunities - Despite achievements, there remains a gap in China's overall technological innovation capabilities compared to developed countries, particularly in original and disruptive innovations, highlighting the urgency to develop patient capital [4]. - Strategies to cultivate patient capital should involve a multi-faceted approach across funding, institutional, and market levels to empower innovative enterprises [4]. Group 4: Funding and Institutional Support - Emphasis on directing long-term capital from sovereign wealth funds, social security funds, and other similar entities towards technological innovation is crucial for creating a supportive investment environment [4]. - Supporting the development of institutional investors specialized in various high-tech fields can enhance market participation and reduce speculative behavior among retail investors [4][5]. Group 5: Market Environment - Improving the long-term mechanisms of the capital market and creating a favorable environment for long-term investments is essential [5]. - Strengthening the regulatory framework and enhancing transparency in information disclosure will help establish stable market expectations and protect investors' rights [5].

Core Viewpoint - The article emphasizes the importance of cultivating patient capital to support the high-quality development of the real economy, particularly in the context of technological innovation and industrial transformation in China [1][3]. Group 1: Characteristics of Patient Capital - Patient capital is characterized by long-term investment behavior, a higher risk tolerance for short-term market fluctuations, and a focus on deep integration with the real economy [1][2]. - This type of capital can create "patience dividends" and achieve "patience premiums" by not pursuing quick profits, thus enabling more substantial long-term investment returns [2]. Group 2: Current Trends in Technological Innovation - Recent advancements in technology, driven by information and energy technologies, indicate a significant growth trend in China's technological and industrial innovation, with notable companies emerging in various high-tech sectors [3]. - The 2024 Central Economic Work Conference has called for the expansion of patient capital and greater efforts to attract social capital for venture investments, particularly in innovative enterprises [3]. Group 3: Challenges and Opportunities - Despite progress, China's overall technological innovation capabilities and industrial sophistication still lag behind developed countries, particularly in original and disruptive innovation, highlighting the urgency to develop patient capital [4]. - The cultivation of patient capital should involve a multi-faceted approach, targeting funding sources, institutional development, and market mechanisms to empower innovative enterprises [4]. Group 4: Funding and Institutional Development - On the funding side, there is a focus on directing long-term capital from sovereign wealth funds, social security funds, insurance funds, and other sources into technological innovation [4]. - Institutional support is needed to develop market-oriented investment institutions specializing in frontier technologies and industries, increasing the proportion of institutional investors in the stock market [4]. Group 5: Market Environment - The article advocates for improving the long-term mechanisms of the capital market to create a favorable environment for long-term investments, including enhancing information disclosure and increasing penalties for securities violations [5].

Core Viewpoint - The drone sector in the U.S. stock market experienced significant gains, with Ondas Holdings reporting a substantial revenue increase in Q2, exceeding analyst expectations [1] Company Summaries - Ondas Holdings (ONDS.US) saw its stock price rise over 22% after reporting a sixfold increase in Q2 revenue, reaching $6.3 million, surpassing the FactSet analyst forecast of $5.8 million [1] - Archer Aviation (ACHR.US) experienced a stock price increase of over 5% [1] - Joby Aviation (JOBY.US) saw its stock price rise by over 6.7% [1] - Kratos Defense and Security Solutions (KTOS.US) had a stock price increase of over 3% [1]

Group 1 - The core point of the article is that Hefei Lanyi Aviation Technology Co., Ltd. has completed its first financing round of several tens of millions in Pre-A round, exclusively funded by Hefei State-owned Assets Supervision and Administration Commission [1] - The funds from this Pre-A round will be focused on key projects, particularly supporting the airworthiness certification tests and flight trials of the medium-sized drone LEU100, as well as the airworthiness certification configuration design of the passenger eVTOL LE200 [1]

Core Viewpoint - Hefei Lanyi Aviation Technology Co., Ltd. has successfully completed its first Pre-A round financing of tens of millions, exclusively funded by Hefei State-owned Assets Supervision and Administration Commission [1] Group 1 - The financing will focus on key projects, particularly supporting the airworthiness certification tests and flight trials of the medium-sized drone LEU100 [1] - The funds will also be allocated for the airworthiness certification configuration design of the passenger eVTOL LE200 [1]

虽然入行仅一年，他已经跟随团队参与了几十场大型表演，足迹遍布大江南北。自身能力不断提高的同时，他也见证了行业的快速发展。 近年来，无人机群表演成为大型赛事、节庆盛典的"标配"。而在这璀璨光影的背后，被称为"空中编舞师"的无人机群飞行规划员也逐渐走入 大众视野。 任锭哲是贵州数智文化科技有限公司的一名无人机群飞行规划员。大学毕业前，他就是一个航拍爱好者，并考取了无人机驾驶的相关证书。 如今他将兴趣变成职业，手中的无人机不再是单纯记录美景的工具，而是结合更加专业的设备和技术，为人们带来一场场震撼的表演。 记者：吴斯洋、崔晓强 新华社音视频部制作 【纠错】 【责任编辑:施歌】 据公司相关负责人介绍，公司虽是贵州本土企业，但业务版图越来越广。截至目前，今年暑期的订单都已经基本排满。 2025年5月，人力资源和社会保障部发布的新职业公示中，无人机群飞行规划员名列其中。随着国家对低空经济发展政策的持续完善，不断 涌现的新职业将为年轻人提供更多就业机会。 ...

你有没有想过，手机、电动车，甚至无人机 记者：马峥 姜淏然 结果，彻底"翻车"了！ 没见过的行业黑科技，意想不到的全球合作链条 从苹果的"果链"，到靠300多家供应商支撑的无人机…… 真相其实很简单： 到底是怎么造出来的？ 记者带着这个问题 直奔中国国际供应链促进博览会 想拼出一条供应链 没有人能单打独斗，世界靠链接更加精彩 编辑：郑开君 柳丝 操兰漪 【纠错】 【责任编辑:钱中兵】 ...

Group 1 - The 2025 International Low Altitude Economy Expo showcases innovative applications of drone technology, including drone soccer, which uses drones equipped with spherical hollow covers to create flying "magic footballs" [1][3] - Over 19 products made their global debut and 25 products had their domestic premiere at the expo, highlighting the maturity of various aircraft and the potential of the low-altitude economy [3] - Companies like Qianji Technology demonstrated advanced drones capable of performing for 25 minutes, significantly reducing human dependency by over 80% in complex environments [3][5] Group 2 - China Post has established a pioneering role in drone applications with its Zhongyou Drone Company, showcasing a drone with a maximum payload of 260 kilograms and a flight endurance of 10 hours [5] - The eVTOL (electric Vertical Take-Off and Landing) aircraft is being promoted for low-altitude tourism, allowing passengers to experience scenic views from the air [4][5] - Companies are working towards the certification of eVTOLs, with plans to offer air transport services in 30 to 40 cities by 2030 and expand to over 300 county-level cities by 2035 [6]

Group 1: Fiscal Policy and Economic Growth - China's fiscal policy has shifted to a more proactive stance, with increased funding and support aimed at stimulating consumption and investment [2][3] - The government has allocated 300 billion yuan in special bonds to support the consumption upgrade policy, which is an increase of 150 billion yuan from the previous year [2] - In the first half of the year, over 66 million consumers participated in the consumption upgrade program, purchasing more than 109 million units of 12 categories of home appliances [2] Group 2: Investment in Infrastructure and Technology - The Guangdong Shantou International Textile City project received 190 million yuan in local government special bond funding, facilitating its progress [3] - The government has arranged 200 billion yuan in long-term special bonds for equipment upgrades, which is an increase of 50 billion yuan from last year, benefiting approximately 7,500 projects [5] - The Shandong Province New Momentum Fund has invested over 30 billion yuan in more than 390 projects in digital economy and artificial intelligence sectors [7] Group 3: Support for Employment and Livelihood - In Nanchong City, 1.14 billion yuan in entrepreneurial guarantee loans were issued, supporting 378 individuals to start businesses and creating 27,500 jobs [8] - Nationally, social security and employment expenditures reached 24,504 billion yuan, a year-on-year increase of 9.2% [9] - The focus on enhancing the quality of life through fiscal spending is expected to stimulate economic growth and create a positive cycle between economic development and livelihood improvement [9]

"因地制宜发展新质生产力，加快建设现代化产业体系。""民营经济发展前景广阔、大有可为，民 营企业和民营企业家大显身手正当其时。"近日召开的全国两会和民营企业座谈会释放了推动科技创新 和产业创新融合发展、促进民营经济健康发展的重要信号。 围绕高层次人才的创业和生活，浙商银行丰富"人才贷"系列产品，"人才支持贷""人才成长贷"突出 以"人"为本，对参与实际经营的人才，按不同人才层级给予相应授信额度与期限。截至2024年末，浙商 银行已服务科技型企业超3万户，提供融资余额超3600亿元，服务高层次人才近4000户，融资余额345亿 元。 将目光聚焦民营经济大省浙江，当人形机器人迈出实验室、无人机翱翔于低空经济赛道、搭载 着"绿色心脏"的火箭冲向太空时，一场又一场关于"耐心资本"培育未来产业、金融赋能高水平科技型企 业的实践正悄然上演。 作为一家根植浙江的全国性股份制商业银行，截至2024年末，浙商银行已服务科技型企业超3万 户，其中主要为民营企业，提供融资余额超3600亿元。这不仅是数字的跃升，更是赋能人才创业、驱动 科技发展的金融范式创新。 数据背后，折射出浙商银行对科技金融的深入布局。近年来，浙商银行秉持"善本 ...