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Express News | Cinda Securities: Intense policy catalysis, low-altitude construction gradually accelerating.
China Design Group (603018): Layout transformation to become a city-level low-altitude flight operator, with a low valuation and potential to take off.
Leading in low-altitude infrastructure planning and design, with outstanding full-chain service advantages. The company established its civil aviation team in 2015, and its subsidiary, Peking Civil Aviation Institute, has a Grade B design qualification in the civil aviation industry, serving as the industry think tank to edit the "Civil Aviation Engineering & Construction Industry Standard System."
Express News | China Design Group: plans to establish a low-altitude economic industrial group company.
Sealand: Low-altitude infrastructure is leading the way, and the air traffic control system has become the pioneer in the trillion-yuan track.
According to the data from CCID Consulting, the proportion of low-altitude infrastructure and flight support in the low-altitude economic industry is only 5%, and the market space has not been fully utilized. There is ample room for improvement in the medium-term proportion of low-altitude infrastructure.
China Design Group (603018.SH): is carrying out a new round of 3-year profit distribution planning.
On November 12, Gelonhui reported that China Design Group (603018.SH) announced at the performance briefing that the company is currently conducting a new round of 3-year profit distribution planning work, fully taking into account the interests of shareholders and investors.
China Design Group (603018): The revenue growth rate in Q3 has turned positive, cash flow has improved, and new growth opportunities are being cultivated in low-altitude and V2X fields.
Event: In 2024Q1-3, the company achieved revenue of 2.692 billion yuan, a decrease of 15.66% year-on-year; net income attributable to the parent company was 0.232 billion yuan, a decrease of 33.78% year-on-year; non-net income attributable to the parent company was 0.227 billion yuan, a decrease of 33.32% year-on-year.
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