据中国民航局预测，2025年我国低空经济市场规模已达1.5万亿元，较上年实现大幅增长，无人机运营 企业近2万家，eVTOL（电动垂直起降飞行器）年度订单总额超300亿元。 低空经济行业发展进入实质性推进阶段 记者注意到，近期，低空经济领域政策频频。2025年12月，国家发展改革委印发《低空经济及其核心产 业统计分类（试行）》，明确低空经济概念和范畴，明晰产业边界。2月2日，市场监管总局会同中央空 管办、国家发展改革委等十部门联合发布《低空经济标准体系建设指南（2025年版）》，明确到2027 年，低空经济标准体系基本建立。 未来低空经济创新中心理事长罗军在接受《每日经济新闻》记者微信采访时表示，近期这几个政策的发 布加上今天文件的发布，意味着我国低空经济正从概念导入期迈向基础设施全面建设的新阶段。他认 为，国家层面还将密集出台一系列低空经济领域的标准、规则与指导性文件。 罗军表示，自2024年3月低空经济首次写入政府工作报告以来，历经两年发展，该领域已从概念探索转 向实质推进。期间，深圳、广州、上海、成都等城市积极开展先行先试，在基础设施建设、应用场景测 试、飞行器检验认证等方面积累了丰富实践经验。然而，由于 ...

上海在《低空经济产业高质量发展行动方案（2024—2027年）》中明确低空经济500亿元的核心产业规 模目标，建立低空新型航空器研发设计、总装制造、适航检测、商业应用的完整产业链。建成全国低空 经济产业综合示范引领区，加快打造具有国际影响力的"天空之城"。《行动方案》实施时间已过半，不 少代表发现部分关键指标的推进仍显滞后，在本次上海两会上，他们提出了不少有针对性的建议。 为此，沈铱建议构建"政策—标准—协同"三位一体体系。一是由市经信委牵头，联合民航华东管理局、 长三角协同办，尽快出台相关建设导则，按载人、物流、应急等场景分类，明确平台尺寸、避障标准、 安全隔离带等技术要求，实现与《暂行办法》的全流程无缝衔接。此外，实施"存量盘活+增量优化"双 轮驱动。启动"数字塔+低空设施"改造工程，上海现有的1.5万座通信铁塔、近1400座"数字塔"等存量资 源，具备电力保障、位置分布广等天然优势，可以纳入低空基础设施改造范围，通过加装专用起降平 台、避障传感系统，建立社区级微站点，重点支撑快递配送、药品冷链等民生场景。 特定区域分时分级开放 也有代表注意到，当务之急是深化精细化治理，完善无人机分级分类管理体系。市人大 ...

Core Insights - The article highlights a significant shift in the metal mining industry driven by the emerging "low-altitude economy," which is expected to create substantial demand for aviation-grade aluminum and other materials [3][4][8]. Industry Trends - The low-altitude economy is projected to see aluminum consumption exceed 1.25 million tons by 2025, with a market size reaching 32 billion yuan, reflecting a compound annual growth rate of over 36% [3][6]. - Companies are experiencing a surge in orders for aviation-grade aluminum, with one manufacturer reporting a 23% increase in prices to 24,200 yuan per ton compared to the previous year [6][10]. Strategic Shifts - Metal mining companies are compelled to transition towards producing aviation materials, with some firms planning to double their production capacity for 7-series aluminum alloys to meet the growing demand from eVTOL and logistics drone manufacturers [9][10][14]. - A central enterprise has decided to invest 52 billion yuan to enhance its aviation aluminum production capacity to 40% of total output, indicating a strategic pivot away from traditional markets [14][15]. Competitive Landscape - Companies are adopting collaborative approaches, such as forming partnerships to create lightweight materials and participating in product design phases to secure long-term contracts with drone manufacturers [20][21]. - The competition is intensifying as firms engage in price negotiations and technical standard discussions, with some companies leveraging their material properties to differentiate themselves in the market [20][21]. Technological Innovations - The development of advanced aluminum alloys, such as the 7B50 alloy, is enabling significant weight reductions in drone manufacturing, which is critical for performance [18][24]. - Companies are investing in R&D to enhance material properties, such as strength and thermal resistance, to meet the stringent requirements of low-altitude vehicles [24][26]. Challenges and Barriers - The transition to aviation materials faces hurdles, including lengthy certification processes that can take up to 24 months and the high costs associated with them [28][30]. - There is a notable shortage of skilled talent in the aerospace materials sector, with a projected gap of 47,500 professionals by 2025, complicating the industry's ability to meet demand [29][30]. Future Outlook - The article suggests that the ongoing material revolution will reshape the supply chain dynamics, with companies exploring new business models that extend beyond traditional material sales to include technical services and operational partnerships [34][35]. - The global market for low-altitude economy materials is expanding, with companies aiming to position themselves as key suppliers in this emerging sector [35].

Core Insights - The low-altitude economy is gaining momentum, with significant advancements in eVTOL (electric vertical takeoff and landing) technology and infrastructure development [2][3] - Companies like沃飞长空 are focusing on complex technical paths, particularly in manned eVTOL designs, which pose unique challenges in safety and regulatory compliance [3][13] - The industry is witnessing a shift towards commercial applications, with potential scenarios including low-altitude tourism, urban commuting, and emergency medical services [9][10][11] Industry Developments - The eVTOL market is evolving, with the establishment of new logistics routes and the introduction of advanced eVTOL models for urban air mobility [2][4] - The Chinese Civil Aviation Administration is revising technical standards for eVTOL takeoff and landing sites, emphasizing AI, 5G, and operational safety [2] - Companies are forming strategic partnerships to enhance their supply chains and operational capabilities, as seen with沃飞长空's collaborations with various operators and suppliers [4][5] Company Focus - 沃飞长空, established in 2020, aims to develop manned eVTOLs using a tilt-rotor configuration, which requires rigorous safety standards and regulatory approval [3][13] - The company is currently in the fourth stage of its airworthiness certification process, with a focus on achieving mass production [3][18] - The CEO emphasizes the importance of manned eVTOLs for higher commercial potential compared to cargo models, targeting markets that prioritize passenger experience [8][12] Market Potential - The anticipated ticket pricing for eVTOL services is projected to be 2-3 times that of high-end car services, with the goal of making air travel more accessible as technology advances [12] - Key application scenarios for eVTOLs include low-altitude tourism that integrates cultural experiences, urban commuting that significantly reduces travel time, and emergency medical transport [9][10][11] Challenges and Future Outlook - The industry faces challenges in safety and regulatory compliance, particularly for innovative designs like the tilt-rotor configuration, which must meet stringent safety requirements [13][14] - The eVTOL sector is expected to undergo significant changes, with a predicted timeline for commercial operations starting around 2026, following the completion of airworthiness certifications [17][18] - The competition in the eVTOL market is intensifying, with a focus on technological innovation, regulatory approval speed, and financial sustainability being critical for long-term success [19][20]

Group 1 - The military industry sector has shown resilience, with the Aerospace ETF (159227) rising by 0.80% and trading volume exceeding 520 million yuan, indicating strong investor interest [1] - Key stocks within the Aerospace ETF include Aviation Industry Corporation of China, which saw a rise of over 7%, along with other companies like Hailanxin, Guanglian Aviation, and Aerospace Technology also experiencing gains [1] - The Aerospace ETF closely tracks the National Defense Industry Index, which is heavily weighted towards the defense and military sectors, with 73% of its weight focused on aerospace and aviation equipment [1] Group 2 - Recent policies from Sichuan's government aim to support the development of the low-altitude economy, including the construction of general airports and enhancements to transport airports for general aviation functions [2] - Financial support measures include a one-time subsidy of up to 5 million yuan for infrastructure projects related to general aviation at transport airports, and up to 20 million yuan for projects involving highland-type general aircraft and medium to large drones [2] - The military industry is expected to see continued activity in themes such as low-altitude economy, commercial aerospace, deep-sea technology, large aircraft, and military intelligence, which are anticipated to drive a resurgence in the overall military market [2]

Core Viewpoint - Sichuan province has introduced a set of 16 policy measures to support the development of the low-altitude economy, aiming to enhance infrastructure, expand application scenarios, and foster a favorable environment for the industry [1][2][3] Group 1: Infrastructure Development - The measures include financial support for the construction of general airports, providing a one-time subsidy of 10% of the estimated investment for new and expanded A-class general airport projects, with maximum subsidies of 35 million, 30 million, and 25 million yuan for different regions [1] - Transportation airports are encouraged to enhance general aviation functions, with a similar subsidy structure for related infrastructure projects, capped at 5 million yuan [1] Group 2: Vertical Takeoff and Landing Facilities - The measures support the establishment of vertical takeoff and landing infrastructure, including helicopter and eVTOL landing sites, with a subsidy of 10% of the construction investment, up to 500,000 yuan for public service projects [2] - There is also support for improving low-altitude flight service management capabilities and establishing a provincial low-altitude operation service management system [2] Group 3: Equipment and Technology Development - Financial support is provided for the development of low-altitude equipment, including general aircraft, drones, eVTOLs, and flying cars, with a subsidy of 30% of project investment, capped at 20 million yuan [3] - The measures also promote the development of key technologies such as hybrid engines and high-energy density aviation batteries, with similar financial support structures [3] - Additional support is available for projects addressing critical technology challenges, with funding increased to 50% for certain engineering transformation projects [3] Group 4: Major Technology Initiatives - The measures encourage the implementation of major aerospace technology projects and support for key payload development, air traffic management, and ground equipment [3] - Establishment of a low-altitude economic sub-fund and support for local manufacturing chains are also included, with subsidies ranging from 500,000 to 2 million yuan for qualifying projects [3]

Group 1 - The core objective of the measures is to accelerate the development of the low-altitude economy in Sichuan, enhancing infrastructure and expanding application scenarios [1][5] - The measures include 16 policy initiatives across five main areas: infrastructure, application scenarios, technological breakthroughs, low-altitude manufacturing, and special funds [1][5] - Sichuan plans to allocate 300 million yuan annually to support the development of the low-altitude economy [1] Group 2 - Financial support for research and development includes 30% funding for projects related to highland general aircraft, medium and large drones, manned eVTOLs, flying cars, and agricultural equipment for low-altitude flying in hilly areas, with a maximum of 20 million yuan per project [2] - Support policies for the construction of general airports and transportation airports include a one-time subsidy of 10% of the estimated investment for new or expanded Class A general airport projects [2] - The provincial government will provide up to 60% of operational subsidies for eligible application scenario projects, which will be used by local governments to create low-altitude economic demonstration application scenarios [2] Group 3 - Sichuan has a strong presence of low-altitude economy companies, including WoFei ChangKong, AVIC Chengdu UAV, Zongheng Co., and Chengdu Lihang Technology Co., supported by local industry leaders in low-altitude aircraft production and manufacturing [2] - The measures are effective for three years from the date of issuance [5]

Core Viewpoint - The Sichuan Provincial Development and Reform Commission has issued several policy measures to support the development of the low-altitude economy, focusing on technological advancements in various sectors such as aircraft, drones, and agricultural equipment [1] Group 1: Policy Measures - The measures include financial support for technological breakthroughs in low-altitude equipment, specifically targeting general aviation aircraft, medium and large drones, manned eVTOLs, flying cars, and agricultural equipment for hilly areas [1] - Financial support will cover 30% of the project investment, with a maximum limit of 20 million yuan for each project [1]

Core Viewpoint - The Sichuan Provincial Development and Reform Commission and the Sichuan Provincial Economic and Information Technology Department have issued policies to support the development of the low-altitude economy, focusing on various aircraft and equipment innovations [1] Group 1: Policy Support - The policies include financial support for enterprises engaged in the development of highland-type general aircraft, medium and large drones, manned eVTOLs, flying cars, and low-altitude agricultural equipment for hilly areas [1] - Financial support will cover 30% of the project investment, with a maximum limit of 20 million yuan [1]