[New Theme - Low-altitude Economy (Flying Cars), the Next Trillion-Dollar Outlet].
CES International Consumer Electronics Show is being held hotly, but I didn't expect that the first domestic fire is Xiaopeng's flying car: today, Xiaopeng's Huitian land-air integrated flying car was unveiled at the CES exhibition, and it was also the first public appearance on the international stage, and the relevant person in charge announced that the company's split flying car "Land Aircraft Carrier" will be booked in the fourth quarter of this year, and is scheduled to start mass production and delivery in the fourth quarter of next year. There are two kinds of flying cars of Xpeng, one is the integrated land-air type, which is simply understood as the installation of a flight system on the car, the land mode will retract the wings, and the flight mode will open the wings to achieve vertical take-off and landing, which is a little later in mass production; The other is the split type, which is a combination of two parts, and the aircraft can be completely stored in the car when it is not in use, and then it can be opened into a flying machine like a transformer when it is used, and people can sit on the aircraft to fly, so the distributed is also known as the "land aircraft carrier", and the split type will be booked in the fourth quarter of this year.
First, let's look at the relevant policies first:
In October last year, the Ministry of Industry and Information Technology and other four departments jointly issued the "Green Aviation Manufacturing Industry Development Outline (2023-2035)", which has put forward a clear time plan for EVTOL (electric vertical take-off and landing aircraft) and flying cars, and by 2025, electric general aviation aircraft will be put into commercial use, and EVTOL will achieve pilot operation.
In December last year, the economic work conference exceeded expectations and mentioned "building a number of strategic emerging industries such as biomanufacturing, commercial aerospace, and low-altitude economy", and the low-altitude economy has been emphasized at the level of the economic work conference.
These are the most advanced level of policies, as well as local: in 2023, 16 provinces will write low-altitude economy, general aviation and other related content into the ** work report, at the end of last year, seven departments of Shenzhen jointly issued the "Shenzhen Municipal Measures to Support the High-quality Development of Low-altitude Economy" to support low-altitude economic enterprises to increase capital and expand production, and give a maximum of no more than 50 million yuan of funding.
These policies show that Xiaopeng is not playing alone, but the entire ** to local policies are being promoted from top to bottom.
At the end of 2022, the "Implementation Plan for the Innovation and Development of Shenzhen's Low-altitude Economic Industry (2022-2025)" was promulgated, pointing out the direction for the high-quality development of the city's low-altitude economic industry. At the beginning of 2023, Shenzhen will write the "low-altitude economy" into the first work report for the first time, proposing to build a low-altitude economic center; In October, the "Regulations on the Promotion of Low-altitude Economic Industries in the Shenzhen Special Economic Zone (Draft Amendments" was unveiled to provide legal guarantee for promoting the high-quality development of Shenzhen's low-altitude economic industries; In December, the "Several Measures to Support the High-quality Development of Low-altitude Economy in Shenzhen" was officially promulgated, and 20 specific support measures were put forward in four aspects: introducing and cultivating enterprises in the low-altitude economic chain, encouraging technological innovation, expanding low-altitude flight application scenarios, and improving the industrial supporting environment, so as to promote the high-quality development of low-altitude economy. At the beginning of the new year of 2024, Shenzhen has issued the country's first low-altitude economic legislation - "Shenzhen Special Economic Zone Low-altitude Economic Industry Promotion Regulations" to help low-altitude economic industries "fly high" from infrastructure, flight services, industrial applications, technological innovation, safety management and other aspects.
Second, the latest flying car concept stocks:
1) Koyo shares 002708
Reason for selection According to the interactive trade on October 10, 2023, the customers of the flying car project are still in the commissioning and verification stage.
Koyo (002708) flying car debuted at CES exhibition + auto parts + robot.
On January 10, 2024, at the 2024 CES exhibition, the Xpeng Huitian split flying car made its first international public appearance since its release in October 2022, with pre-orders open in the fourth quarter of 2024 and mass production and delivery in the fourth quarter of 2025. The flying car project cooperated by the company has completed the delivery of a sample and is in the stage of customer commissioning and verification.
According to the company's previous interaction, some investors speculated that the company Weihai Shiyi indirectly supplied Huawei Mate 60 series through OFILM's camera module.
The company's layout of automotive electronics, the holding subsidiary Weihai Shiyiyuan is the world's largest manufacturing base of the world's leading FPC manufacturer South Korea's SI Flex Co., Ltd., the main business is the research, production and sales of rigid-flex circuit boards.
While focusing on the development of the automotive field, it is also making every effort to develop the robot parts market, and is supporting RV combined bearings for reducers in batches.
2) Sunward Intelligent 002097
Reason for selection: According to the interactive trade on December 29, 2023, Sunward Star Airlines, a shareholding company of the Company, participated in the flying car project.
3)) Mori Kirin 002984
Reason for selection: According to the interactive trade on November 29, 2023, it has successfully obtained the supporting qualification of the only flying car tire project in China, the Xpeng flying car tire project.
4) Business Network Electronic 300975
Reason for selection According to the institutional survey on December 7, 2023, the company's shareholding of EVTOL aviation prototype has been off the assembly line, is currently in the system test, and will be tested before the first flight according to the plan, and is expected to take the first flight around the end of the year.
5) The day is good for 688033
Reason for selection: According to the 2022 annual report, the company's research projects include the design and development of high-performance carbon-ceramic brake discs for flying cars, and have completed and passed the bench test assessment.
6) Prince New Material 002735
Reason for selection: According to the record of investor relations activities on November 29, 2023, after years of development, Ningbo Xinrong, a subsidiary of the company, has established long-term and stable cooperative relations with well-known brand customers at home and abroad, such as Suzhou Inovance, Wuhan Lingdian, Shanghai Electric Drive, Xiaopeng Huitian, etc., 7) Haite High-tech 002023
Reason for selection According to the institutional research on November 29, 2023, the company successfully developed and delivered the first eVTOL simulator in China, which will assist customers in ergonomic verification, control law verification and tuning in the development process of eVTOL aircraft, and also provide customers with a demonstration platform for evtoL aircraft concepts and application scenarios.
Note: No matter how good the logic is, you have to combine the ** rising and falling trend to choose the timing of intervention and exit. The above content is only a static analysis based on the industry and company fundamentals, not a dynamic trading guidance. **There is a risk, you need to be cautious when entering the market, and please operate at your own risk. 】