Group 1 - The China Securities Regulatory Commission has issued a notice regarding the full circulation of unlisted shares of Zhongchuang Xinhang Technology Group Co., Ltd., allowing 13 shareholders to convert a total of 149,831,290 shares for listing on the Hong Kong Stock Exchange [1] - Zhongchuang Xinhang expects a net profit of approximately RMB 7.09 billion to RMB 7.93 billion for the half-year ending June 30, 2025, representing an increase of about 70% to 90% compared to the same period last year, where the net profit was approximately RMB 4.17 billion [3] - The significant profit increase is attributed to the scaling up of leading technology products in various sectors including passenger vehicles, commercial vehicles, energy storage, and shipping [3] Group 2 - The GOVY AirCab, equipped with Zhongchuang Xinhang's high-energy flight-specific battery, was officially launched in June, receiving over a thousand intent orders and successfully delivering prototypes in July [3] - The battery features a high energy density exceeding 300Wh/kg and is designed for fast charging scenarios, while the second-generation semi-solid large cylindrical battery can reach an energy density of 350Wh/kg, positioning the company as a leader in aviation battery technology [3] - The GOVY AirCab is currently undergoing airworthiness certification, with plans for certification and mass production in the second half of 2026, marking 2027 as the year for low-altitude manned flight [3] Group 3 - The list of shareholders and the number of shares they are converting to full circulation includes notable entities such as Guangdong Guangqi Rui Electric Equity Investment Partnership and Hubei Xiaomi Yangtze River Industry Fund Partnership, among others, totaling 149,831,290 shares [4][5]

Core Viewpoint - Zhongchuan Innovation (03931) has signed a strategic cooperation agreement with Guangdong Gaoyu Technology Co., aiming to deepen collaboration in the eVTOL sector and promote standardized power products [1] Company Developments - Zhongchuan Innovation's stock opened nearly 4% higher and is currently trading at HKD 20.88, with a transaction volume of HKD 613,900 [1] - The company has previously provided the highest energy density power batteries for GAC Gaoyu's Aircab [1] Product Innovations - The battery developed by Zhongchuan Innovation for low-altitude travel is a 9-series high nickel/silicon battery, featuring high energy density and safety [1] - The cell energy density exceeds 300 Wh/kg, suitable for 6C fast charging scenarios, while the second-generation semi-solid large cylindrical battery can reach an energy density of 350 Wh/kg [1] Market Outlook - The GOVY AirCab, equipped with Zhongchuan Innovation's specialized battery, has received over a thousand intent orders and successfully delivered prototypes in July [1] - The GOVY AirCab is currently undergoing airworthiness certification, with plans for certification and mass production in the second half of 2026, marking 2027 as the inaugural year for low-altitude manned flight [1]

Core Viewpoint - Zhongchao Innovation Aviation (中创新航) has signed a strategic cooperation agreement with Guangdong Gaoyu Technology Co., Ltd. to deepen collaboration in the eVTOL (electric Vertical Take-Off and Landing) sector, which is expected to enhance their market position and product offerings in this emerging industry [1] Group 1: Strategic Partnership - The partnership aims to advance eVTOL power standardization products, leveraging Zhongchao Innovation Aviation's expertise in high-energy density batteries [1] - Zhongchao Innovation Aviation has previously provided the highest energy density power batteries for GAC Gaoyu's Aircab, indicating a strong foundation for this collaboration [1] Group 2: Product Development - The GOVY AirCab, equipped with Zhongchao Innovation Aviation's high-performance flight-specific battery, was launched in June and has received over a thousand intent orders [1] - The battery technology includes a 9-series high nickel/silicon system with an energy density exceeding 300Wh/kg, suitable for 6C fast charging scenarios [1] - The second-generation semi-solid large cylindrical battery can achieve an energy density of up to 350Wh/kg, positioning the company as a leader in aviation battery technology [1] Group 3: Market Outlook - The GOVY AirCab is currently undergoing airworthiness certification, with plans for certification and mass production in the second half of 2026, marking 2027 as a significant year for low-altitude passenger flight [1]