9月以来，阅兵结束、军贸订单等关键事件落地之后，航空航天板块出现了明显回撤。 行情方面，大盘全天冲高回落，科创50、创业板指双双回吐逾2%涨势收跌。截至收盘，上证指数涨0.29%、深证成指跌0.25%，创业板指跌0.44%。板块 方面，电解液消费电子、固态电池概念领涨，培育钻、海南、SPD概念跌幅居前。 令人意外的是，商业航天概念午后迅速走强，天宜新材20cm，超捷股份涨超10%，通宇通讯、沃格光电、电科芯片、中天火箭涨停。 | | Home | | 名称 | 张帽961 | | --- | --- | --- | --- | --- | | 1 | 688033 | 말 | 天官新材 | +20.04% | | 2 | 301005 | 류훈 | 超電股份 | +13.30% | | 3 | 002792 註 陆 | | 通宇通讯 | +10.03% | | র্ব | 603773 | 陸 | 沃格光电 | +10.02% | | റ | 600877 註階 | | 电科技 | +10.01% | | 6 | 003009 | | | +10.00% | | 7 | 300943 | | | +7.36% ...

9月以来，阅兵结束、军贸订单等关键事件落地之后，航空航天板块出现了明显回撤。 随着"十五五"阶段铺开，板块将进入到新一轮提质增量的上升周期，上涨的核心驱动力已经从产业的景 气逻辑延伸至业绩视角。 尽管板块走势短期对于订单周期更为敏感，在多维增长叙事下，航空航天的长线布局价值依然值得重 视。 01 逆势买入 行情方面，大盘全天冲高回落，科创50、创业板指双双回吐逾2%涨势收跌。截至收盘，上证指数涨 0.29%、深证成指跌0.25%，创业板指跌0.44%。板块方面，电解液消费电子、固态电池概念领涨，培育 钻、海南、SPD概念跌幅居前。 令人意外的是，商业航天概念午后迅速走强，天宜新材20cm，超捷股份涨超10%，通宇通讯、沃格光 电、电科芯片、中天火箭涨停。 还有一个月左右2025年即将结束，板块行情是否具备再度上行的条件？ 近期消息面的催化包括行业大事件和政策两方面。 首先，2025亚洲通用航空展今日（11月27日）起至11月30日在珠海举办以"展览+会议+赛事+活动"模式 聚焦低空经济等领域，覆盖通航全产业链。 本届航展规模升级，展览面积翻倍，吸引22国及地区近400家企业参展，动静态飞机超170架，设五大主 ...

Core Insights - Xiaopeng Motors plans to achieve mass production of three major product lines: Robotaxi, humanoid robots, and the split flying car "Land Aircraft Carrier" by next year [1][10] - The upgraded second-generation VLA (Vision-Language-Action) intelligent driving model will also be implemented next year, enhancing efficiency by directly converting visual signals into motion instructions without language translation [1] - Xiaopeng has partnered with Volkswagen as the first strategic partner for the second-generation VLA model, with its self-developed Turing AI driving chip selected as a supplier [1] Robotaxi Development - Xiaopeng Motors aims to launch three Robotaxi models next year and initiate trial operations in cities like Guangzhou [2] - The company has been exploring the Robotaxi business since 2021, with its G9 model obtaining road testing licenses in Guangzhou [4] - Xiaopeng's Robotaxi will not rely on high-precision maps or LiDAR, instead using a pure vision-based approach to navigate various road types and traffic environments [5] Humanoid Robot Insights - The new IRON humanoid robot will be launched in November 2024, featuring a more human-like appearance and advanced capabilities [7] - The IRON robot will utilize solid-state batteries, which offer higher energy density and safety compared to traditional lithium-ion batteries [8] - The initial application scenarios for the IRON robot are limited to guiding, shopping, and inspection, with challenges in manufacturing and home environments [9] Flying Car Developments - The "Land Aircraft Carrier" flying car has successfully completed its first production run, with a planned annual production capacity of 5,000 units initially, scaling up to 10,000 [10] - The flying car can carry two passengers and has received over 7,000 global orders, with plans for commercial operations in the Middle East [10][11] - A new hybrid electric flying car capable of carrying six passengers and achieving a range of 500 kilometers is set to enter trial flights in 2025 [11] Competitive Landscape - The flying car sector may see increased competition as Tesla's CEO Elon Musk hinted at the potential release of a flying car by the end of 2025, which could position Xiaopeng Motors against Tesla in this emerging market [13]