The low-altitude economy accelerates its “take-off”, and the listed central enterprises in the military industry enter a new track_Economy_Macro Channel Home_Financial Network-CAIJING.COM.CN

Our reporter Liu Yuru and Xu Yunqian reported from Beijing

The low-level economy has made a comeback recently! On April 24, related component stocks of the CSI Military Industry Index led the surge, and military information technology concept stocks rose simultaneously. Listed central enterprises in the military industry such as Aerospace Rainbow (002389.SZ), Aviation Power (600893.SH), and China Direct Holdings (600038 .SH) and AVIC Shenfei (600760.SH) have also performed strongly in recent days.

This year, the low-level economy was included in the government work report for the first time, becoming one of the hot spots for developing new productive forces. Wu Ximing, deputy director of the China Aviation Research Institute and deputy director of the Aviation Industry Science and Technology Committee, proposed that through the implementation of special projects, enterprises in aviation, aerospace, electronics, communications and other fields can be guided to deploy low-altitude industries, and further leverage the “technological innovation, industrial control, and safety assurance” of state-owned central enterprises. “The cornerstone role.

Wang Peng, an associate researcher at the Beijing Academy of Social Sciences, said in an interview with a reporter from China Times that the low-altitude economy is in its initial stage, but central enterprises in the military industry have actively deployed. As policies are relaxed, the low-altitude economy is expected to develop rapidly. The technological advantages of central military enterprises in the aerospace field will be transformed into advantages in the low-altitude economic field. Electronic communications play a prominent role in the low-altitude economy, and technologies such as drones and remote sensing will boost the development of the low-altitude economy, with promising prospects.

Layout in aerospace, electronic communications and other fields

With the deepening of national defense construction, the military industry is expected to usher in more development opportunities.

Aerospace Caihong stated in its annual report that the company’s current orders and delivery levels for its military trade business are at historically high levels, and the company has good expectations for its military trade business in 2024. The openness and preferential policies of the low-altitude economy are conducive to the company’s better expansion of the civilian market; Aviation Engine Dynamics mentioned in the annual report that as a representative of new productivity, the low-altitude economy has become an important direction in cultivating new development momentum. With the country’s attention and continued policy support, the low-altitude economy will surely become a new important economic growth point.

The annual report of Zhongzhi Co., Ltd. reveals that as one of the major domestic aviation equipment manufacturing companies, the low-altitude economy has become a strategic emerging industry, and relevant policies have been intensively introduced. Products related to the low-altitude economy are expected to usher in a period of strategic opportunities for rapid development.

According to Bai Wenxi, vice chairman of the China Enterprise Capital Alliance, the current low-altitude economic development of state-owned military enterprises is still in its infancy, but the low-altitude economic development in some military fields is strong, such as aviation, aerospace, electronics and other fields. Among them, listed state-owned enterprises in the military industry such as Aerospace Rainbow, Aviation Engine, and Zhongzhi Co., Ltd. have performed more prominently in the low-altitude economic field. These military industrial enterprises have made certain progress and results in the development of low-altitude economy by virtue of their own technological and market advantages.

Bai Wenxi told a reporter from China Times that listed central enterprises in the military industry are actively deploying low-tech industries and seizing the major opportunities mentioned in the government work report to promote the development and transformation of their own businesses. The continued activity of the low-altitude economy brings more investment opportunities and market demand to central military enterprises, and at the same time drives the development of related industrial chains, providing more cooperation opportunities and resource integration possibilities.

“This initiative will effectively promote the deep integration of the low-level economic innovation chain, industrial chain, talent chain, and capital chain, and inject new impetus into the future development of listed military industry central enterprises.” Bai Wenxi said.

“As an emerging field, the low-altitude economy perfectly fits the concept of new productivity. It involves high-end manufacturing, new energy, new materials and other fields, and technological innovation runs through it.” Fu Yifu, a senior researcher at Xingtu Financial Research Institute, told China Times 》The reporter said that the low-altitude economy not only expanded the economic form, but also empowered traditional industries to improve quality and efficiency, and promoted industrial upgrading. At the same time, the low-altitude economy adheres to advanced concepts such as innovative development and green development to inject new impetus into higher-quality development of the national economy.

Central military enterprises face challenges

In recent years, the low-altitude economy has spawned a series of consumption scenarios, and innovative application scenarios such as drone delivery and air transportation have emerged one after another… Many provinces have included low-altitude economy, general aviation and other related content in government work reports to promote their development.

Recently, Hainan Province released the first provincial drone test flight airspace map; Guangzhou’s general aviation company obtained the world’s first unmanned manned aircraft system type certificate; Anhui Province has planned a prototype of a “one-hour commuting circle” for general aviation. It can be seen that with the continuous increase of policies and application scenarios, the low-altitude economy has gradually begun to flourish and will bring revolutionary changes to future urban transportation and logistics distribution.

It is worth mentioning that although my country’s low-altitude economy is beginning to take shape, it still faces certain challenges. How to break through bottlenecks and promote the healthy and orderly development of the low-altitude economy has become the focus of the industry.

Bai Wenxi believes that with the rise of the low-level economy, central military enterprises are facing multiple challenges. In terms of technology research and development, it is necessary to deepen cooperation with universities and scientific research institutions to accelerate technology transformation and application; in terms of market expansion, it is necessary to strengthen cooperation with local governments and enterprises.

“At the same time, the integration of the upstream and downstream of the industrial chain cannot be ignored to enhance overall competitiveness. To solve these problems, central military enterprises need to integrate internal resources, strengthen external cooperation, and pay attention to talent training. The government and relevant departments should also increase support , provide policy and financial guarantees, and jointly promote the sustained and healthy development of the low-altitude economy,” Bai Wenxi further said.

Wang Peng emphasized that the low-altitude economy brings business opportunities to central enterprises in the military industry and also tests their social responsibilities. Facing challenges such as technology, funding and policies, strengthening technology research and development, seeking diversified financing and communicating with government departments are key.

Wang Peng further added that central enterprises in the military industry should deepen technological research and development and innovation in the low-altitude economic field, break through technological bottlenecks, and improve technological levels. In order to solve the funding problem, it is necessary to seek diversified financing, such as cooperation with private capital, issuing bonds, etc. At the same time, we actively communicate with government departments to strive for policy support and resource allocation to create a good environment for the low-altitude economy.

The research report of Soochow Securities pointed out that it is optimistic about the reversal opportunities of the military industry. The low-altitude economy and other new productivity directions have activated the upstream supporting links. The mid-term adjustment of orders for various equipment lines is about to be implemented. The surrounding situation and environment continue to be tense. The central enterprises in the military industry attach great importance to medium and long-term market value management. , multiple factors are superimposed and resonate upward, and the industry is expected to usher in a continued trend of renewed growth and valuation restoration.

(Editor: Wen Jing)