南财智讯2月6日电，蕾奥规划在投资者关系活动中表示，公司已成功中标《深圳口岸低空应用场景及起 降点规划研究》《大亚湾低空经济产业基地项目低空交通起降点选址规划研究》《深圳市龙岗区阿波罗 片区低空经济产业园规划研究》等项目；已成为粤港澳大湾区低空经济产业联盟、低空经济产学研协同 创新共同体成员；与深圳博领鹏城之翼通用航空有限公司签署战略合作协议，并共同设立安徽天济奥图 智能科技发展有限公司，探索低空经济运营服务链条。 ...

Summary of the Conference Call for China Communications Design (中交设计) Company Overview - **Company**: China Communications Design (中交设计) - **Industry**: Engineering and Design Services Key Financial Performance - **2024 Revenue**: Decreased due to the divestment of engineering contracting business, but net profit attributable to shareholders reached 1.751 billion yuan, with a weighted average return on equity of 13% [2][4] - **2024 Gross Margin**: Improved to 29.3%, an increase of 2.2 percentage points year-on-year [4] - **Debt Ratio**: Reduced to 50%, indicating an optimized financial structure [2][4] - **Q1 2025 Performance**: New contracts signed amounted to 5.35 billion yuan, a 7% year-on-year increase; revenue was 1.67 billion yuan, with a net profit of 100 million yuan [5] Business Strategy and Future Growth - **Focus Areas**: - Upgrading core business in smart transportation and digital engineering management [6] - Enhancing high-end consulting services [6] - Expanding into emerging sectors like low-altitude economy and new energy infrastructure [6] - Increasing overseas business, targeting a growth in overseas revenue to 40%-50% [3][17] - **Integration of AI**: AI technology has been deeply integrated into operations, significantly enhancing productivity in design tasks [16] Market Dynamics and Industry Trends - **Order Growth**: Anticipated order growth of 3% in 2024 and 7% in 2025, supported by national market layout and central enterprise system regulation [2][11] - **Low-altitude Economy**: The sector has cooled in 2025 due to the need for improved safety management and market demand not yet reaching scale [12][14] - **Impact of National Policies**: The introduction of a 2 trillion yuan debt relief policy is expected to improve the financial situation of the industry, although its effects on the design sector are still to be observed [18] Competitive Landscape - **Internal Competition**: Minimal internal competition within the group, as the design institutes cover all relevant business areas [8] - **Order Acquisition**: Orders are primarily obtained through partnerships with engineering bureaus in a joint bidding model [9] Challenges and Considerations - **Integration of External Design Companies**: Difficulty in integrating external design companies into the group due to their high proportion of contracting business [10] - **Financial Pressure on Local Governments**: Ongoing financial strain on local governments may slow down the recovery of large projects and infrastructure investments [18] Outlook - **2025 Goals**: Aim for stable profits with a target of 3% profit growth, while maintaining a minimum dividend payout ratio of 30% to protect shareholder interests [20] - **New Five-Year Plan**: Anticipated increase in order volume due to the transition from the 14th to the 15th Five-Year Plan [19]