Core Viewpoint - The low-altitude economy is rapidly emerging as a new market "blue ocean" driven by innovation, with significant development opportunities in various industries [1][2]. Group 1: Industry Development - The low-altitude economy encompasses a wide range of application scenarios, including logistics, smart agriculture, and intercity travel [2]. - GAC's flying car GOVE successfully completed a flight demonstration in a complex urban low-altitude environment, showcasing the rapid progress in this sector [2]. - Approximately 60% of the core components of flying cars share similarities with those of new energy vehicles, allowing for cost-sharing and leveraging advancements in the automotive industry [2]. Group 2: Investment Opportunities - The low-altitude economy in China reached a scale of 505.95 billion yuan in 2023, with a growth rate of 33.8%, and is expected to exceed one trillion yuan by 2026 [6]. - Investment focus areas include the manufacturing of flying vehicles, ground infrastructure for flight safety, and various application scenarios for flying vehicles post-launch [7][8]. - The manufacturing sector is anticipated to see early performance releases due to the critical role of flying vehicle production in enabling flight activities [7]. Group 3: Role of State-Owned Enterprises - State-owned enterprises (SOEs) have distinct competitive advantages in developing the low-altitude economy, including strong policy support, abundant resources, and high credibility [4][5]. - SOEs are expected to benefit from government policies such as tax incentives and project funding, enhancing their ability to drive rapid development in the low-altitude economy [5]. - The brand influence and public trust associated with SOEs may lead consumers to prefer their products, especially in safety-critical areas [5].