On December 28, the Shanghai and Shenzhen stock markets rose sharply, with the Shanghai Composite Index rising by more than 1% and the Shenzhen Component Index rising by more than 25%, the GEM index rose nearly 4%, and the trading volume increased from yesterday. As of **, the Shanghai Composite Index rose 138% at 295470 points, the Shenzhen Component Index rose 271% at 9441At 05 points, the GEM index rose 385% at 187950 points;The total turnover of the Shanghai and Shenzhen markets was 902.6 billion yuan. The net inflow of northbound funds was 13.5 billion yuan.
The industry sector is almost the whole line, the photovoltaic equipment sector has set off a rising tide, and the new energy track and insurance sector such as batteries, energy metals, wind power equipment, and power supply equipment have led the rise strongly, and only the coal industry, shipping ports, railways and highways have turned green against the market. According to the release of Shenzhen, seven departments including the Shenzhen Municipal Transportation Bureau jointly issued the "Several Measures to Support the High-quality Development of the Low-altitude Economy in Shenzhen", giving a number of encouraging policies to low-altitude economic enterprises, and the maximum economic assistance is not more than 50 million yuan. From January to October this year, Shenzhen has opened a total of 74 new UAV routes, 69 new UAV take-off and landing points, and completed 42 cargo UAV flights10,000 sorties. More than 1,500 enterprises in the industrial chain, such as DJI, Fengyi Technology, Meituan UAV, CITIC Haizhi, and Eastern General Aviation, cover various application scenarios such as logistics and distribution, urban governance, and emergency rescue, and have initially formed a leading low-altitude economic industrial cluster and industrial ecology in China. Galaxy ** said that the military + civilian + trade three-wheel drive, the UAV industry will take advantage of the wind;China Securities Construction Investment pointed out that in the future, civil UAVs will continue to develop in multiple fields and diversification;CICC believes that the consumer drone market is expected to mature, and there is great potential for industrial applications. 
Tianfeng**: eVTOL creates a new way of commuting for megacities, metropolitan areas and urban agglomerations evtol refers to the aircraft that uses electricity as the flight power** and has vertical take-off and landing functions, compared with traditional aircraft, evtol has significant advantages in safety, intelligence, economy and environmental protection. Metropolitans and urban agglomerations have created new ways of commuting.
Galaxy**: Military + civilian + trade three-wheel drive UAV industry will take advantage of the wind
Military + civilian + trade three-wheel drive, the UAV industry will take advantage of the wind. In the military field, modern warfare is changing rapidly, and the UAV system is one of the key new qualitative and new domain combat forces and one of the protagonists of the future battlefield, and the demand for related equipment will be accelerated. In the civilian field, the downstream applications of industrial drones continue to break out, and it is recommended to pay attention to Zongheng Co., Ltd., CTI Navigation, etc. China Securities Construction Investment: In the future, civil UAVs will continue to develop in multiple fields and diversification
Unmanned aerial vehicles are widely used in the civil field, and the recently issued "Interim Regulations on the Management of Unmanned Aircraft Flight" clarifies the specific management rules for unmanned aircraft, and the application field and market scale of unmanned aerial vehicles will continue to expand, and gradually deepen and refine the application development of the industry. From the perspective of development type, the "Regulations" for micro, light, small unmanned aerial vehicles to implement relatively loose management, is expected to be small and slight UAVs will be developed rapidly, UAV market will be diversified. CICCcompany: The consumer drone market is expected to mature and the industrial application is promising
Limited by the scope of use, the main customer groups of consumer drones are still concentrated in photography enthusiasts and drone enthusiasts, and the current demand is gradually close to saturation, and the market has maturedWith the guidance of policies and the improvement of standards, it is expected that industrial applications are the growth engine for the next stage of development of commercial UAVs. From a conservative point of view, the scale of China's industrial drone industry is expected to reach 23% in 2021-24E CAGR, and this figure is expected to reach 57% under optimism, with sufficient growth momentum.
Anxin**: It is expected that the average growth rate of the military UAV market will exceed 15% in the next few years
With the gradual installation of China's UAVs and the continuous improvement of foreign military trade demand, the UAV industry chain will fully benefit. The UAV market has broad prospects and maintains rapid growth, and the average growth rate is expected to exceed 15% in the next few years, which is higher than the global growth rate. In terms of military UAVs, it is recommended to pay attention to listed companies with advanced UAV business, as well as parts and components with strong profitability and high technical content. Although the current domestic market size is not large, civil industrial and police UAVs are widely used and have huge development space in the future. It is recommended to pay attention to the civil and police drone companies that are expected to develop high-level and large-scale market segments in the future.
CITIC**: The application of robotic arms and fully automated manned aerial vehicles is expected to accelerate Under the trend of continuous high carbon fiber localization rate and intensified competition, we are the first to be optimistic about the competition pattern of high-end civil and military carbon fiber, and the emerging 10,000-ton carbon fiber market may come from humanoid robots and unmanned aerial vehicles (including manned), respectively, the application of robotic arms and fully automated manned aerial vehicles is expected to accelerate. The advantages of carbon fiber manufacturers with cost and technology iteration advantages will be highlighted. (This article does not constitute any investment advice, and investors act accordingly at their own risk.) The market is risky, and investors need to be cautious. )
Article**: Oriental Wealth Research Center).