Investment Rating - The report maintains a "Buy" rating for the company YingShi Innovation [12] Core Viewpoints - The report emphasizes the importance of cross-industry collaboration between YingShi and DJI, highlighting the shared technological foundations and the pursuit of incremental growth opportunities [4][10] - Both companies are expected to capture additional market share in the handheld smart imaging and drone sectors, with new product lines and software subscriptions likely to contribute to revenue growth [10] Summary by Sections Cross-Industry Exploration - The launch of DJI's OSMO 360 panoramic camera and YingShi's Antigravity A1 8K panoramic drone marks a significant cross-industry move, driven by the commonality in core technologies such as image processing and stabilization algorithms [7][21] - YingShi is projected to hold an 82% share of the global consumer panoramic camera market by 2024, while DJI has a 76% share of the global drone market as of 2023 [7][28] Differentiation and Competitive Strategy - YingShi focuses on leveraging its algorithm capabilities and user demand insights for differentiated competition, while DJI capitalizes on its established hardware and supply chain advantages to maintain cost leadership [8][37] - The report notes that YingShi's Ace Pro 2, equipped with AI dual chips, leads in night scene shooting and noise reduction, contributing to a significant revenue increase in 2024 [43][50] Growth Potential - The report outlines optimistic growth scenarios for both companies, with projections for the global handheld smart imaging device market reaching 88.5 million units by 2027 and the global consumer drone market potentially reaching $13.7 billion by 2030 [9][10] - YingShi's revenue from handheld smart imaging devices could reach between 22.9 billion to 53.1 billion yuan depending on market conditions, while its drone revenue could range from 7.7 billion to 19.2 billion yuan [9][10] Investment Recommendations - The report concludes that the cross-industry strategies of both companies are likely to yield significant growth, with ample opportunities to capture market share from competitors [10][26]

8 月 22 日，黔东南地区首家 DJI 大疆授权体验店在凯里国贸正式落地，于万众期待中盛大开业！ 开业期间，多重福利重磅来袭：开业专享 95 折，进店打卡 即可领取定制周边，购机狂欢持续3天。 作为大疆在黔东南地区的首店标杆，DJI 大疆 | 凯里国贸授权体验店以独特的科技感空间布局和丰富的全系列产品展示为核心，致力于为顾客打造全方位、 高品质的服务体验。 店内功能分区科学合理，各区域特色鲜明：产品展示区采用现代化陈列方式，将大疆全系列产品及相关配件有序呈现，便于消费者近距离观察、深度体验， 直观了解产品的核心特点与技术优势。 作为低空经济的核心参与者，大疆产品在众多领域发挥着关键作用，为产业升级提供了强大技术支撑，用科技助力低空经济发展，DJI 大疆 | 凯里国贸授权 体验店的开业，将有效推动黔东南地区低空经济的发展，促进相关行业技术进步，满足本地无人机及摄影爱好者的多样化需求，为区域低空经济创新发展创 造更多可能与价值。 此外，体验店还特别设置试飞体验服务，官方认证教员一对一指导，让顾客通过亲身操作，更直观地感受大疆无人机卓越的飞行性能、精准的操控性和高清 的拍摄效果，从而更科学地选择适合自己的产品。 ...