Core Insights - Huazhong Xinchang has received a significant project designation from a leading domestic eVTOL manufacturer, which is expected to enhance its operational performance [1] - The project involves the development and supply of a multimedia display system for electric vertical takeoff and landing aircraft, with the first generation of products anticipated to be completed by the end of 2026 [1] Company Performance - For 2024, the company forecasts revenue of 1.035 billion yuan, representing a year-on-year increase of 7.65%, while the net profit attributable to shareholders is projected to be a loss of 76 million yuan, a decline of 88.08% year-on-year [1] - In Q1 of this year, the company reported revenue of 192 million yuan, a year-on-year increase of 3.71%, but a net loss of 22.14 million yuan, which is an increase of 128.04% in losses compared to the previous year [1] Project Development and Future Outlook - The project designation is seen as a comprehensive recognition of the company's capabilities and represents a significant breakthrough in the emerging industry [1] - The company has received multiple project designations since April 24, involving 11 products with project cycles of 3 to 5 years, indicating a strong pipeline for future orders [1] - The company is actively planning products in the low-altitude sector and is increasing business development efforts, with expectations for gradual commercialization as the low-altitude market develops [1]

Core Viewpoint - Huazhong Xinchang has secured a significant project for the development and supply of multimedia display systems for eVTOL aircraft, marking a strategic entry into the burgeoning low-altitude economy sector [1][2]. Group 1: Project Announcement - The company received a project confirmation from a leading domestic eVTOL manufacturer, with expectations to complete the first generation of products by the end of 2026 [1]. - This project signifies Huazhong Xinchang's continued commitment to the low-altitude economy, following its previous collaboration with Xiaopeng Huitian [1]. Group 2: Market Potential - The global urban air mobility (UAM) market is projected to exceed $1.5 trillion by 2040, with eVTOL expected to capture over 60% of this market share [1]. - Domestic policies are increasingly supportive of low-altitude economic development, with pilot projects already initiated in 15 cities [1]. Group 3: Technical Capabilities - The eVTOL display systems require advanced integration of flight data monitoring, weather alerts, and navigation, necessitating high reliability, lightweight, and low power consumption [2]. - Huazhong Xinchang has developed a multimedia display terminal that combines both hardware and software tailored for the complex conditions of eVTOL operations [2]. Group 4: Competitive Advantage - The company has transitioned to a tier 1 supplier status and has established a complete supply chain for display systems, enhancing its ability to provide customized solutions for eVTOL manufacturers [3]. - Huazhong Xinchang is constructing its own production capacity at the Nantong smart manufacturing base, which is expected to further strengthen its competitive edge in the smart cockpit product market [3]. Group 5: Future Outlook - Successful conversion of project orders is anticipated to have a positive and profound impact on the company's future performance [4]. - With the eVTOL market on the brink of mass production, the company aims to leverage its automotive electronics expertise and early mover advantage in the low-altitude economy to create long-term value for shareholders [4].

华安鑫创（300928）公告，公司收到国内某头部eVTOL主机厂的重要项目定点通知，确认公司获得其 电动垂直起降飞行器智能座舱多媒体显示系统项目的开发与供货资格。客户预计将在2026年底完成第一 代产品的研发，并开启城市间点对点的固定飞行线路商业化试运营。此次项目定点，是客户对公司技术 研发、产品质量、生产能力以及产品价格等综合因素的全方位认可，也是公司在战略性新兴产业开拓中 的重要突破。项目实际供货量需以正式销售订单为准，对本年度经营业绩的影响暂不确定。 ...