Xpeng's Heavenshuttle flying autos will start pre-sale this month. Low-altitude economy is expected to take off.

①At the Xiaopeng AI Technology Day, Xiaopeng Autos Chairman He Xiaopeng revealed that Xiaopeng Huitian's global first mass-produced split-type flying car will have its global public maiden flight at the Zhuhai Air Show in November, and officially start pre-sale in December. ②Galaxy Securities pointed out that looking ahead, the trillion-level low-altitude economy market is gradually approaching, leading infrastructure first, with manufacturing and operations progressing in tandem.

cls.cnDec 1 18:54 ET

The International Low Altitude Economic Development Conference is about to be held. Institutions suggest paying attention to the subsequent sector market trends.

The 2024 China (Xi'an) International Low Altitude Economic Development Conference will be held from November 22 to 24 at the Xi'an International Convention and Exhibition Center. Open Source Securities' Yin Shenglu stated that the low altitude economy has already experienced a vertical implementation from macro (national level industry planning) to meso (local subsidies) and then to micro (infrastructure mainframe bidding, application scenario creation), suggesting to pay attention to the subsequent sector market of the low altitude economy.

cls.cnNov 19 19:02 ET

Specific subsidy plan released! Low-altitude sector expected to usher in a wave of orders.

The Ministry of Industry and Information Technology recently held the first plenary meeting of the leading group for the development of low-altitude industry, discussing and deploying the key tasks to promote high-quality development of the low-altitude industry. On the same day, the Shenzhen Transportation Bureau solicited opinions on the detailed rules for the implementation of "Several Measures to Support the High-quality Development of the Low-altitude Economy in Shenzhen". The draft for soliciting opinions proposes specific subsidy plans.

cls.cnNov 5 19:10 ET

Ningbo Tuopu Group's Q3 revenue and non-GAAP net profit hit a record high for a single quarter, with automotive electronics revenue increasing more than 9 times year-on-year. | Interpretations

①Since the beginning of this year, Ningbo Tuopu Group's revenue and profits have maintained rapid growth, with Q3 company revenue and non-GAAP net profit both reaching a single-season historical high; ②Ningbo Tuopu Group stated that the short-term construction of factories has brought some cost pressures, but it is currently in a period of rapid development in the new energy autos industry.

cls.cnOct 28 10:58 ET

Accelerated repositioning? China Life Insurance has reduced its shareholding in Zhejiang Wanfeng Auto Wheel for the fourth time this year, having made two moves this month alone, with the latter's stock price rising over 260% this year.

① China Life Insurance further reduced its shareholding in Zhejiang Wanfeng Auto Wheel by 1%, marking the fourth reduction this year with a cumulative reduction of 3%, accelerating the reduction in the third quarter. ② Zhejiang Wanfeng Auto Wheel's stock price has reached a historical high this year, with a year-to-date increase of 261.92%.

cls.cnOct 23 10:20 ET

It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.

①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.

cls.cnOct 18 01:13 ET