Guangdong issued an action plan to promote high-quality development of low altitude economy, and proposed a scale of more than 300 billion yuan by 2026
On May 22, Guangdong Province released the Action Plan of Guangdong Province for Promoting the High Quality Development of Low altitude Economy (2024-2026), which proposed that by 2026, it would promote the formation of a development pattern of low altitude manufacturing and service integration, application and industrial mutual promotion, and create a world leading industrial highland of low altitude economy. The scale of low altitude economy would exceed 300 billion yuan. The layout of low altitude infrastructure was moderately advanced, and the Layout Plan of General Aviation Flight Service Stations in Guangdong Province was studied and issued to support cities to build flight service stations on demand. Actively expand logistics, air traffic, emergency and other low altitude application scenarios, and support qualified cities such as Guangzhou, Shenzhen, Zhuhai to open intra city and inter city low altitude passenger routes; Encourage the use of helicopters, eVTOL and other low altitude aircraft to explore and expand new low altitude businesses such as air commuting, business travel, air ferry, interline connections, cross-border flights; Explore and open up low altitude routes between Guangdong and Hainan.
Recently, Nanjing, Beijing and other places have issued policies to launch a "timetable" for low altitude economic development
On May 15, Nanjing held the Low Altitude Economic Development Conference, where 37 industrial funds and investment projects were signed on the spot, with a total investment of 30.6 billion yuan. The Nanjing Implementation Plan for Promoting High Quality Development of Low Altitude Economy (2024-2026) released at the conference clearly stated that by 2026, Nanjing's low altitude economic industry scale will strive to exceed 50 billion yuan.
On May 16, the Beijing Municipal Bureau of Economy and Information Technology released the Action Plan of Beijing for Promoting the High Quality Development of Low Altitude Economy Industry (2024-2027) (Draft for Comments), which proposed that Beijing will strive to make the number of low altitude economy related enterprises exceed 5000 in three years, in terms of technological innovation, standard policies, application needs Security countermeasures and other fields have formed a national leading demonstration, driving the city's economic growth of more than 100 billion yuan.
On May 18, Jingzhou held a seminar on low altitude economy, which will focus on five directions: low altitude manufacturing base, low altitude infrastructure, low altitude tourism scene, low altitude logistics system, and low altitude urban transportation, and strive to gradually establish a low altitude economic industrial chain system by 2027, gathering 10 leading enterprises and 200 related enterprises, with a total output value of 30 billion yuan.
Investment suggestions:
Local support policies are implemented intensively, and investment opportunities in low altitude digital infrastructure are valued.
We mainly recommend Les Information, Zhongke Xingtu, Aerospace Hongtu, Putian Technology, and the beneficiary targets include Shenzhen Chengjiao, Hengtuo Kaiyuan, Sichuan Jiuzhou, Xinchen Technology, Huashi Group, etc.
Risk tip: slow pace of policy implementation; Technology progress is not as expected; Market competition intensifies.
