陈聆听/文 2025年8月2日，海南国际旅游岛欢乐节在海口FUNBAY自在湾正式拉开帷幕。在欢乐节上，无人机与水上表演、地面巡游构成"海陆空"立体 盛宴。与此同时，在北方古城大同，500架无人机于7月29日至31日连续三晚在永泰门广场升空。"中国古都天下大同""美美与共天下大同"的 图案在夜空中流转，云冈大佛形象与古城飞檐斗拱相映成趣，引发观众阵阵欢呼。 目前，无人机编队表演已成为文旅场景中不可或缺的"科技流量担当"。据中金企信调研，2023年全球商业无人机灯光秀收入规模约18.6亿 元，到2030年收入规模将接近56.6亿元。 在国内无人机领域，早期行业内普遍流传着一个行业共识，无人机只有大疆和其他。而无人机表演市场，深圳高巨创新、深圳大漠大智 控、广州亿航智能和天津一飞智控、上海千机科技被称为"无人机表演五小龙"。 高巨创新：无人机表演设备供应商 2014年，深圳高巨创新依托在手机精密模型制造领域的深厚积淀，在深圳建立起3万平方米的专业无人机生产基地，2018年春节联欢晚会上 的无人机表演一战成名。 据高举创新官网介绍，企业打造智能制造、创新型应用、教育产品和海洋产品四大板块业务，具备自主完整闭环的精密制 ...

转自：北京日报客户端 在中关村（房山）氢能产业园内，一场关于"未来飞行"的革命正在悄然发生。当大多数无人机还在为30 分钟续航焦虑时，这里的氢动力无人机能连续飞行3小时、载荷10公斤、加氢仅需3分钟。 作为国内少有的氢动力无人机全产业链企业，氢鹏科技（北京）有限公司（以下简称"氢鹏科技"）在房 山构建了从燃料电池核心部件、电堆设计研制生产、氢动力系统集成到氢能无人机设计研制及测试应用 的完整技术闭环。当行业还在聚焦单一部件研发时，氢鹏科技已实现"核心部件-电堆-动力系统-无人机 整机"的垂直整合。 凭借多年积累的技术底蕴与经验，YS-H6氢动力无人机顺利生产下线，该机型在安全性与可靠性方面均 达到了行业领先水平。 01 超长续航 极速补能 YS-H6氢动力无人机具备出色的性能，空载续航3小时、载荷10kg，仅需3分钟即可完成加氢，可实现 300公里实时声音图像传输。凭借氢燃料电池技术，这款无人机成功打破了传统无人机频繁返航充电的 局限，彻底解决了"充电耗时2小时，作业仅20分钟"的难题，其工作效率相当于传统无人机的6-8倍。 02 适应严寒 稳定可靠 快拆结构与碳纤维结合 03 YS-H6氢动力无人机采用碳纤 ...

Core Viewpoint - The strategic cooperation agreement between Green Energy Charging Technology Co., Ltd. and Xinjiang Commercial Logistics Group aims to leverage each other's strengths in the fields of new energy charging piles, energy storage, and heavy-duty drones to promote industrial upgrades and high-quality economic development in Xinjiang [3][7][12]. Group 1: Agreement Details - The strategic cooperation agreement is a framework agreement based on mutual cooperation intentions, with specific cooperation details to be defined in subsequent formal agreements [2][6]. - The agreement does not involve specific transaction amounts, and its impact on the company's operating performance remains uncertain, depending on the implementation of the cooperation [2][12]. - The agreement was signed on August 5, 2025, and does not require board or shareholder approval as it is a framework agreement [6]. Group 2: Cooperation Focus - The cooperation will focus on the construction of new energy charging stations and distributed energy storage in logistics warehouses, leveraging Xinjiang Commercial Logistics Group's position in the logistics sector [9]. - Green Energy Charging will supply 42 heavy-duty drones to Xinjiang Commercial Logistics, establishing six logistics and emergency drone bases across key regions in Xinjiang [10]. - The long-term cooperation may extend to capital collaboration as the partnership in new energy and drone sectors deepens [11]. Group 3: Impact on the Company - The strategic cooperation is expected to facilitate the large-scale promotion and implementation of the company's new energy charging piles and energy storage products in Xinjiang [12]. - The partnership will also enable the company's subsidiary, Zhongchuang Aviation, to penetrate cross-border logistics and emergency logistics scenarios using heavy-duty drones [12]. - The agreement aligns with the company's long-term development strategy and the interests of all shareholders, although its immediate impact on financial performance is expected to be minimal [12].

Core Viewpoint - DJI is facing competition not just from drones but primarily from panoramic stitching technology, which is crucial for its new product development in the panoramic drone segment [1]. Group 1: DJI's New Product Development - DJI is secretly developing a panoramic drone product, with an engineering prototype already completed and software systems currently being tested, expected to launch by the end of the year [2]. - The new panoramic drone is likely a combination of the recently released Osmo 360 panoramic camera and previous DJI drones, potentially based on the mini series [2]. Group 2: Competitive Landscape - The release of DJI's panoramic drone will intensify competition with Yingshi, which has also entered the drone market with a dual-brand strategy, including a panoramic drone in collaboration with third parties and a self-developed flying camera targeting entry-level Vlog users [3]. - Following the launch of DJI's Osmo 360 panoramic camera, Yingshi quickly responded with promotional price cuts for its X5 series, indicating a fierce competition in the panoramic camera market [3]. Group 3: Future Market Dynamics - With the upcoming releases of DJI's Osmo Nano thumb camera and the panoramic drone, competition between DJI and Yingshi is expected to escalate further in the latter half of the year [4].

金元证券近日发布低空经济周报：本周低空经济指数跌1.57%，相对涨幅0.18%，日均成 交额392.28亿元（近一年141.59%分位），市盈率（TTM）达108.39倍（近一年97.5%分 位），本周日均主力净流入额-6.83亿元。较上周而言，本周成交额有所下降，估值维持高 位，主力资金净流出。 以下为研究报告摘要： 板块行情回顾： 本周低空经济指数跌1.57%，相对涨幅0.18%，日均成交额392.28亿元（近一年141.59% 分位），市盈率（TTM）达108.39倍（近一年97.5%分位），本周日均主力净流入额-6.83亿 元。较上周而言，本周成交额有所下降，估值维持高位，主力资金净流出。 个股表现： 本周涨幅前五个股为山河智能、爱乐达、超捷股份、四川九洲、纵横股份；跌幅前五个 股为亿纬锂能、中国铁塔、宁德时代、吉利汽车、中化岩土。 风险提示：低空空域开放不及预期；电池、电驱技术发展不及预期；下游应用场景开 拓、民众需求不及预期；产业发展进程不及预期；市场竞争激烈程度超出预期。（金元证券 李景星） 1、高德地图与深圳龙岗区合作，发布"空中高德"。 2、我国自主研发吨级eVTOL峰飞V200CG首飞，首 ...

Core Viewpoint - Green Energy Wisdom Charging (600212.SH) has signed a strategic cooperation agreement with Xinjiang Commercial Logistics Group to collaborate in the fields of new energy charging stations, energy storage, and heavy-duty drones [1] Group 1: Strategic Cooperation - The cooperation will involve Green Energy Wisdom supplying 42 heavy-duty vertical twin-rotor unmanned helicopters to Xinjiang Commercial Logistics [1] - Six logistics and emergency drone fleet bases will be established in Xinjiang as part of the collaboration [1] - The partnership also aims to work on the construction of new energy vehicle charging stations and distributed energy storage for logistics material distribution warehouses [1] Group 2: Impact on Business Performance - The cooperation is not expected to have a significant short-term impact on the company's operating performance [1] - The specific impact will depend on the progress of subsequent cooperation projects [1]

Core Viewpoint - The financial struggles of listed companies often stem from a lack of strategic vision rather than mere cash flow issues, indicating that a clear and innovative strategic direction is essential for attracting capital [2][3]. Group 1: Root Causes of Financial Issues - Many companies have impressive strategic plans that resemble ornamental bonsai rather than robust growth strategies, leading to a disconnect between planning and market realities [3]. - A notable example is a once-prominent new energy company that failed to adapt to technological changes after initially thriving on subsidies, resulting in significant financial distress [3][4]. - Companies that focus solely on current business without considering future innovations or market trends risk temporary financial relief without sustainable growth [3]. Group 2: Successful Companies and Strategic Innovation - Companies like Huawei and BYD have successfully navigated market challenges by investing heavily in research and development and maintaining a focus on innovation, which has created competitive advantages [4][5]. - Strategic innovation should focus on the company's unique capabilities and market needs rather than following trends blindly, ensuring that the strategy is grounded in the company's core strengths [5][6]. Group 3: Balancing Value Creation - A company's financial outlook is influenced by a balance of production value, market value, and reputation, which must work in harmony to create a sustainable "money landscape" [8][9]. - Companies that prioritize production value at the expense of profitability or reputation risk long-term viability, as capital markets will eventually recognize unsustainable practices [8]. Group 4: Leveraging Strategic Investments - The value of strategic investments is often exponential rather than linear, where small adjustments can unlock significant potential and create competitive advantages [10][11]. - New Oriental's pivot to live streaming during a downturn exemplifies how leveraging existing resources and capabilities can lead to substantial market value recovery [10][11]. Conclusion - The focus for companies should be on identifying and cultivating their "money landscape," which is essential for attracting capital and ensuring long-term success [12].

Group 1: Technology Developments - Tencent announced the open-source of four small-sized models (0.5B-7B) to support deployment on devices like laptops and smartphones, showcasing high performance in long content processing and complex decision-making [2] - 360 Group upgraded its Nano AI brand to "Multi-Agent Swarm," achieving L4 level and introducing a unique "swarm collaboration framework" that enhances efficiency in video production and content creation [5] - Apple is testing its self-developed camera sensor featuring LOFIC technology, expected to be used in future iPhone models, marking a move towards reducing reliance on Sony [12] Group 2: Autonomous Vehicles - RoboTaxi announced a strategic partnership with Lyft to create the largest autonomous vehicle fleet in Europe, with plans to deploy thousands of self-driving cars by 2026 [3] Group 3: Financial Performance - Sohu reported Q2 2025 total revenue of $126 million, with a net loss of $20 million, reflecting a more than 40% year-over-year reduction in losses [11] Group 4: Corporate Strategies - Shanghai State-owned Assets Supervision and Administration Commission aims to enhance original technology development among state-owned enterprises, focusing on strategic and disruptive technologies [7] - Neta Auto is publicly recruiting restructuring investors as part of its bankruptcy reorganization process [8][9] Group 5: Product Innovations - DJI is secretly developing a panoramic drone expected to launch by the end of the year, indicating competition with the recently announced drone by YingShi [4] - Gaode Map announced the launch of the world's first AI-native intelligent agent, aiming to integrate AI into everyday travel experiences [13]

Group 1: Technology Developments - Tencent has open-sourced four small-sized models (0.5B-7B) aimed at deployment on devices like laptops and smartphones, showcasing high performance in long content processing and complex decision-making [2] - 360 Group has upgraded its Nano AI brand to a "multi-agent swarm," achieving L4 level capabilities and significantly improving video production efficiency from 2 hours to 20 minutes [5] - OpenAI's ChatGPT is projected to reach 700 million weekly active users, marking a 4-fold increase year-over-year, with daily message volume surpassing 3 billion [6] Group 2: Autonomous Vehicles -萝卜快跑 has partnered with Lyft to create the largest autonomous vehicle fleet in Europe, planning to deploy thousands of self-driving cars by 2026 [3] Group 3: Financial Performance - Sohu reported Q2 2025 total revenue of $126 million, with a net loss of $20 million, a reduction of over 40% year-over-year [11] Group 4: New Product Launches - DJI is secretly developing a panoramic drone expected to launch by the end of the year, competing with the recently announced "影翎Antigravity" from影石 [4] - Apple is testing its self-developed camera sensor featuring LOFIC technology, expected to be used in the iPhone 18 series, indicating a move towards reducing reliance on Sony [12] - Gaode Map has launched the world's first AI-native intelligent agent, aiming to integrate AI into everyday travel experiences [13] Group 5: Strategic Initiatives - Shanghai State-owned Assets Supervision and Administration Commission is promoting state-owned enterprises to become original technology sources, focusing on strategic and disruptive technology advancements [8]

Group 1 - The drone concept sector showed strong performance on August 5, with companies like Beiwai Technology and Furi Electronics reaching their daily limit up [1] - Other companies in the sector, including Aileda, Shanhe Intelligent, Aerospace Electronics, Hengyu Xintong, and Liding Optoelectronics, also experienced gains [1]