L and to the 198 11458 H E E a e 制造 C REENEEHA 18 37 P 20 张宣 摄 □ 本报记者 张宣 杨易臻 与此同时，第三届低空（苏州）产业创新生态大会暨2025数字低空大会现场同样热闹非凡，苏州相城区 16家低空企业组成的"豪华天团"赚足眼球。 双城"齐飞"， 数字低空走进现实应用 中国电科在南京重磅发布"天行、天卫、天工"三大产品体系，分别针对低空飞行的管理服务、城市要地 的监管防护、飞机平台的特色制造。 "'天行'系统就像低空交通的'智能管家'。"中电莱斯信息系统有限公司（下称"中电莱斯"）空管系统事 业部总体室主任何亮形象地比喻，"它的作用是为低空'修路'，既要规划主次航线，又要避开敏感区 域。""天卫"系列的"蜘蛛网"低空监视雷达，已在首都机场等场景大显身手，95%的无人机识别准确率 让"黑飞"无所遁形。"天工"则面向应急救援、海事海监等行业应用，提供特种飞机平台及系统解决方 案。 值得关注的是，同步发布的"天牧"低空大模型，是我国自主研发的首套航空运输大模型，同时具备智能 问答、辅助决策等核心能力。在其加持下，"天行"系统通过对超千万条低空运行规则的学 ...

Core Viewpoint - The company is a leading radar enterprise in China, focusing on low-altitude economy and safety, with a comprehensive product and system solution in the low-altitude security field [1][2][4] Group 1: Company Overview - Established in 2000, the company is the first listed company in China primarily focused on radar technology [1] - The company operates under the China Electronics Technology Group, with three main business segments: perception products, perception infrastructure, and perception applications [1] - The company is positioned as a core unit for low-altitude economy in Anhui Province, focusing on low-altitude flight security and regulation [1][2] Group 2: Product Development - The company has developed a range of products including low-altitude monitoring radar, safety control systems, and flight assurance systems [2] - New solutions introduced include UAM low-altitude navigation systems, "Wukong" low-altitude models, and "Weishield" low-altitude micro-meteorological systems [2] - The company aims to create a full-chain solution capability covering communication, navigation, monitoring, and meteorology for low-altitude air traffic management [2] Group 3: Strategic Initiatives - The company is involved in national planning and has led the first provincial-level low-altitude intelligent infrastructure work plan in Anhui [2] - It has successfully applied for over 100 million yuan in funding from various national and provincial projects [2] - The company has signed strategic cooperation agreements with five entities, enhancing its position in the low-altitude economy [2] Group 4: Market Outlook - 2025 is anticipated to be a pivotal year for the low-altitude economy, with Anhui Province expected to issue the first eVTOL operating license [2] - The government has allowed new industries, including low-altitude economy, to be included in special bond financing, ensuring financial support [2] - The company is expected to benefit significantly from the ongoing reforms in state-owned enterprises and the transition of low-altitude economy from planning to large-scale implementation [4][5] Group 5: Financial Projections - Revenue projections for the company are estimated at 1.671 billion yuan, 2.109 billion yuan, and 2.693 billion yuan for the years 2025, 2026, and 2027 respectively [5] - Expected net profit for the same years is projected to be -91 million yuan, 144 million yuan, and 219 million yuan [5]

Summary of the Conference Call for SiChuang Electronics Company Overview - SiChuang Electronics Co., Ltd. was established in August 2000 and listed on the Shanghai Stock Exchange in May 2004 with stock code 600990. The company focuses on electromagnetic sensing technology and products, particularly in meteorological radar, air traffic control radar, low-altitude monitoring radar, special vehicle modifications, printed circuit boards, power supplies, microwave devices, security information systems, emergency civil defense, and grain information systems [3][7] Key Financial Performance - For the fiscal year 2024, SiChuang Electronics reported a revenue of 1.603 billion yuan and a net profit attributable to shareholders of -245.88 million yuan. The revenue breakdown includes: - Headquarters: 958 million yuan - Huayao Electronics: 250 million yuan - Bowei Chang'an: 433 million yuan - Revenue by business segment: - Sensing products: 677 million yuan - Sensing infrastructure: 492 million yuan - Sensing applications: 421 million yuan [9] Industry Developments - The company is actively pursuing government demands in the low-altitude economy sector and plans to launch new products at the Radar Expo [10] - The 11th World Radar Expo was held on May 17, 2025, showcasing SiChuang's innovations in radar technology and attracting top global enterprises and research institutions [12] Product Innovations - At the Radar Expo, SiChuang presented over 50 projects, including: - Movable X-band phased array weather radar - Air traffic control primary and secondary radars - Various microwave components and systems - The company launched three new low-altitude systems: - UAM Low Altitude Navigation System Solution - SiChuang "Wukong" Low Altitude Model - "Weishield" Low Altitude Micro-Meteorological System [13][14] Strategic Collaborations - SiChuang signed strategic cooperation agreements with five organizations, including Anhui University and Hefei Meteorological Bureau, to explore innovative applications in the low-altitude economy [14] Future Market Opportunities - Huayao Electronics, a subsidiary, has secured a project for the EAST controlled nuclear fusion device power module, with a market potential expected to grow as the project transitions from experimental to commercial phases [17][18] - The company is also involved in the BEST project, which is expected to enter the bidding phase between 2025 and 2026 [19] Additional Applications - Huayao Electronics has a strong foothold in high-voltage power supply technology, with applications extending to various fields, including space exploration and medical sterilization [20] Conclusion - SiChuang Electronics is positioned as a leader in the radar and sensing technology sector, with a focus on innovation and strategic partnerships to drive growth in emerging markets such as low-altitude economy and nuclear fusion technology. The company aims to enhance its product offerings and expand its market presence through ongoing research and development initiatives.