Event Overview - The 2025 Asian General Aviation Exhibition will be held from November 27 to 30 at the Zhuhai International Airshow Center, co-hosted by AERO and Airshow China, with the theme "New Era of General Aviation, Exploring Unlimited Possibilities in Low Altitude" [1] - The exhibition area has doubled to approximately 60,000 square meters, with over 300 companies from 21 countries and regions confirmed to participate [1] - The exhibition will focus on the mutual development of general aviation and the low-altitude economy, featuring five themed exhibition areas including rotorcraft, drones, fixed-wing aircraft, aviation power, and supporting exhibits [1] Market Potential - According to Guosen Securities, the low-altitude economy has a rich commercial scenario and a vast market space, with projections indicating that the market size could exceed 1 trillion yuan by 2026, reaching 10,644.6 billion yuan [2] - The Civil Aviation Administration of China estimates that the market size of the low-altitude economy in China will reach 2.5 trillion yuan by 2030 and 3.5 trillion yuan by 2035 [2] - The domestic eVTOL steady-state market is expected to exceed 200 billion yuan, with market sizes for sightseeing, commuting, and complete machine sales projected at 683 billion, 208 billion, and 1,260 billion yuan respectively [2] Company Participation - Notable companies showcasing products at the exhibition include: - AVIC will present achievements in aviation equipment, technological innovation, and industry integration [3] - Wanfeng Aircraft will demonstrate VoloXpro for the first time in China [3] - Volant will unveil a full-size model of its VE25-100 passenger aircraft [3] - ZeroG will showcase its electric tilt-rotor aircraft ZG-T6 and electric vertical takeoff and landing aircraft ZG-ONE [3] - Range Aviation will present its LE200 and LEU100 eVTOL aircraft for the first time [3] - EasyFly will debut its electric vertical takeoff and landing aircraft EF7 [3] - Other companies like Tengden, Sky Field, Ziyan Technology, and Wanhong Technology will also showcase innovative products [3] Regulatory Environment - The draft amendment to the Civil Aviation Law was submitted for initial review on February 24, 2025, which aims to ensure the reasonable demand for airspace utilization to support the development of the low-altitude economy [4] - Following this announcement, stocks in the low-altitude economy sector experienced a surge, with companies like Tiancheng Zikong, Wanfeng Aowei, and Shenjian Co. hitting their daily price limits [4]

Group 1 - The World Intelligent Industry Expo 2025 was held in Chongqing, showcasing the VoloCity eVTOL aircraft from WanFeng Aowei, marking its first appearance in China [1] - VoloCity is a two-seat, 18-rotor eVTOL aircraft with a maximum speed of 110 km/h, having received both manned and unmanned flight permits, and is the first electric air taxi to be certified by EASA [1] - The aircraft features multiple redundancy systems for safety, operates at a noise level that is one-fourth of a small helicopter, and includes an autonomous flight control system powered by rechargeable batteries [1] Group 2 - WanFeng Aowei aims to transform human mobility by creating a comprehensive general aviation and low-altitude economy industry cluster, including fixed-wing aircraft, eVTOLs, and drones [2] - The company has established seven aircraft manufacturing plants, three flight training bases, and 192 service centers across 90 countries, positioning itself as a leader in the global general aviation sector [2] - WanFeng Aowei plays a significant role in industry standards and is involved in various aviation associations, enhancing its influence in the sector [2] Group 3 - The company is committed to building a smart, safe, efficient, and green urban air transportation ecosystem, leveraging technological innovation to lead significant changes in mobility [3] - In 2025, WanFeng Aowei completed the strategic restructuring of Volocopter, accelerating the development of green and intelligent aviation technologies [3] Group 4 - Volocopter, founded in 2007, is a pioneer in eVTOL development and the first to receive a manned flight license from EASA, with its core models entering certification stages [4] - The company offers a range of products including VoloXpro, VoloCity, VoloRegion, and VoloDrone, catering to various transportation needs [4] - Volocopter's operations are supported by its VoloIQ intelligent system, enabling comprehensive management of flight operations and safety monitoring [4] Group 5 - The domestic debut of VoloCity signifies a crucial step in WanFeng Aowei's strategic positioning in low-altitude transportation, integrating Volocopter's technology with its own manufacturing and operational expertise [5] - The company aims to promote the application of eVTOLs across diverse scenarios, contributing to the development of a sustainable urban low-altitude transportation network [5]