Financial Services Association, March 21 (Editor Square) The concept of a low-altitude economy is booming. According to incomplete statistics, as of press release, a number of individual stock announcements after the market, including Xianheng International, Rice Information, Wolong Electric Drive, Zongheng Co., Ltd., and Yongyue Technology indicated related risks.

Among them, Xianheng International, Rice Information, and Wolong Electric Drive responded that it had little impact on the company's performance. Xianheng International announced at the end of the day that it won the 5-day 3 board. The company does not produce drones. According to public information, Xianheng International is an intensive MRO supplier of tools, instruments and other products. Xianheng International said on an interactive platform on March 19 that the company has relevant business qualifications in the low-altitude field. The company's subsidiaries include Xianheng International (Hangzhou) Aviation Technology Research Institute Co., Ltd. and Xianheng International (Hangzhou) Aviation Automation Co., Ltd., which account for a small proportion of the company's overall revenue.

According to data from Xianheng International's three-day post-market ranking, Dragon Tiger's net capital sales were 133 million yuan. Specifically, Lev had net sales of 154 million, ranking first in sales.

Rice Information announced that the biggest cumulative increase in stock prices since February was 233%. From 2021 to 2023, operating revenue in the general aviation sector only accounted for about 0.43%, 1.04%, and 0.24% of the company's main business revenue, respectively. Rice Information Systems is an overall solution provider for civilian command information systems. The company said on an interactive platform on March 14 that as a leading enterprise in the domestic civil air traffic control system field, the company has a leading market position in the fields of air traffic control automation systems, air traffic control scene management systems, and air traffic control simulation training systems.

According to Rice Information's one-day post-market data, Dragon Tiger's net capital sales were 22.4536 million yuan. Among them, a net sale of exclusive seats for an agency was 167.757 million yuan.

The 4-day 3-board Wolong Electric Drive announced that the electric aviation business had no significant impact on the company's revenue and profit levels in 2023. Wolong Electric Drive is a major global manufacturer of motors and drives. On March 12, the company announced on an interactive platform that it will jointly build a “joint laboratory” with the China Civil Aviation Science and Technology Research Institute to participate in the formulation of standards related to aeronautical electric power systems. Flying cars are one of the company's key tracks in the electric transportation sector.

According to data from the last three days of the Wolong Electric Drive Board, Dragon Tiger had a net capital purchase of 333.151,000 yuan, of which the player made a net purchase of 71.053 million yuan.

Zongheng Co., Ltd. announced that it once rose and stopped 20CM during the intraday period, with the biggest cumulative increase in stock prices of 230% since February. The company has not set up a project to develop eVTOL-related products. Zongheng Co., Ltd. is a leading domestic industrial drone company in the field of vertical take-off and landing fixed-wing drones. Zongheng Co., Ltd. stated on an interactive platform on March 13 that the company is currently actively developing low-altitude digital economy business, making full use of autonomous unattended systems, drone software and cloud platform capabilities, and is committed to promoting the development of large-scale integrated drone operation service business. In the fields of low-altitude logistics and low-altitude transportation, the company pays close attention to industry development, actively verifies the business model of related businesses, and develops relevant business layouts in a timely manner. In some scenarios such as rural logistics, the company's existing products can carry out application demonstrations after appropriate improvements. It is worth noting that Zongheng Co., Ltd. also stated in the announcement that the company is currently in a state of loss, and that future profitability will be affected by multiple factors such as the company's operation and management, market demand, competitive landscape, and changes in the economic environment.

According to data from the three-day post-market ranking of Zongheng Co., Ltd., Dragon Tiger had a net capital sale of 12.212,600 yuan. Among them, Zhang Meng made a net purchase of 280.55 million yuan, and a net purchase of a dedicated seat for an agency was 204.609 million yuan.

Yongyue Technology announced that the company's drone contract was subject to significant uncertainty and that there was no order in progress in the execution of the company's drone contract. Yongyue Technology has issued changes or risk alerts for three consecutive days since March 19. Yongyue Technology is mainly engaged in unsaturated polyester resins and drone business. Yongyue Technology stated on an interactive platform on March 21, 2023 that the company's Yancheng subsidiary has a “General Aviation Business License” issued by the East China Regional Administration of Civil Aviation of China. Logistics drones are the company's main product to expand the logistics market. They are also an important component of the company's scenario requirements in various fields such as public safety, emergency rescue, industrial applications, and military and police applications around “whole machine manufacturing+scenario application”. It is worth noting that Yongyue Technology also indicated in today's announcement that there is a risk that the company's stock will fall after a large short-term increase; the company's controlling shareholder has pledged a high percentage, and there may be a risk of closing the position; and the company is currently under investigation.

According to Yongyue Technology's three-day post-market ranking data, Dragon Tiger's net capital sales were 18.2379 million yuan. Among them, Ningbo Sangtian Road and Suzhou Bang sold 21.827,800 yuan and 19.3561 million yuan respectively.

In terms of performance, Xianheng International released a performance forecast on January 25. The company expects net profit to be 85 million yuan to 115 million yuan in 2023, a year-on-year decrease of 44.41% to 58.91%. Rice Information released a performance report on February 6. The company's net profit for 2023 was 131 million yuan, an increase of 46.87% over the previous year. Zongheng Co., Ltd. disclosed a quick performance report on February 24. After preliminary accounting, it is expected to have a net loss of 595.08 million yuan in 2023. Yongyue Technology issued a performance pre-loss announcement on January 31. It expects a net loss of 58 million yuan to 69 million yuan in 2023.

Oriental Fashion announced the closing of 4 consecutive days. Currently, the company is not engaged in “flying cars” related business. Oriental Fashion specializes in motor vehicle driving training. The company has not been included in the low-altitude economy concept section by Choice or Tonghuashun, but it has attracted market attention due to rumors related to “flying cars.” The company also warned in today's announcement that there are many risks such as the risk of the actual controller of the company being taken of criminal coercive measures, the company being investigated, the shares of the company's controlling shareholders and co-actors being judicially frozen or judicially flagged, and the company's annual performance pre-loss. Oriental Fashion issued a performance pre-loss announcement on January 31. Net loss and net profit of 2023 are expected to be 281 million yuan to 344 million yuan.