--- title: "Everbright Securities: The low-altitude economy and robot market have vast potential, which is expected to drive the demand for lightweight materials and carbon fiber" type: "News" locale: "en" url: "https://longbridge.com/en/news/231601485.md" description: "Everbright Securities released a research report indicating that the low-altitude economy and robotics market have vast potential, which is expected to drive the demand for lightweight materials such as carbon fiber. With the introduction of relevant policies and the recovery of end-user demand, companies with high-end carbon fiber production capabilities will benefit. It is estimated that by 2025, the market size of China's low-altitude economy will reach 1.5 trillion yuan, and the robotics market size will grow from 1.017 billion USD to 15 billion USD. Everbright Securities recommends paying attention to Jinggong Integration Technology's performance in the carbon fiber equipment sector" datetime: "2025-03-12T23:31:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/231601485.md) - [en](https://longbridge.com/en/news/231601485.md) - [zh-HK](https://longbridge.com/zh-HK/news/231601485.md) --- # Everbright Securities: The low-altitude economy and robot market have vast potential, which is expected to drive the demand for lightweight materials and carbon fiber According to the Zhitong Finance APP, Everbright Securities published a research report stating that **the low-altitude economy and robotics have vast market potential, which is expected to drive the demand for lightweight carbon fiber materials.** On March 10, the General Office of the People's Government of Guangdong Province issued a notice on "Several Policy Measures to Promote the Innovative Development of Artificial Intelligence and Robotics Industries," and various regions have successively released stimulus policies for the low-altitude economy and robotics. **With the increase and recovery of terminal demand in low-altitude economy and aerospace, leading manufacturers with high-end, high-performance carbon fiber mass production capabilities will significantly benefit.** Based on the demand itself and considerations of supply chain security, Everbright Securities believes that domestic carbon fiber equipment companies will benefit in this context, and recommends paying attention to Jinggong Integration Technology (002006.SZ) in the carbon fiber equipment sector. ## **Everbright Securities' views are as follows:** **Various regions have successively released stimulus policies for the low-altitude economy and robotics, which are expected to drive the demand for carbon fiber.** On February 25, 2025, the sixth session of the seventh Shenzhen Municipal People's Congress was held, where Shenzhen Mayor Qin Weizhong delivered a government work report. The report proposed that Shenzhen will fully compete in new tracks such as artificial intelligence, low-altitude, and aerospace industries, deeply implement the "Artificial Intelligence +" action, enrich and develop artificial intelligence terminal products, accelerate the construction of a national comprehensive demonstration zone for the low-altitude economy industry, strive to create a pilot for urban air traffic management, and take the lead in achieving the world's first comprehensive low-altitude sensing network covering the entire city. The low-altitude economy and robotics have vast market potential, which is expected to drive the demand for lightweight carbon fiber materials. In terms of the low-altitude economy, by 2024, 449 general airports and 32 flight service stations have been built and registered nationwide, with over 440 drone routes. According to the Civil Aviation Administration of China, it is predicted that by 2025, the market size of China's low-altitude economy will reach 1.5 trillion yuan, and by 2035, it is expected to reach 3.5 trillion yuan. In terms of robotics, GGI estimates that the global humanoid robot market size will be approximately USD 1.017 billion in 2024, and will reach USD 15 billion by 2030, with a CAGR exceeding 56% from 2024 to 2030, and global sales will grow from 11,900 units to 605,700 units. **Carbon fiber prices are gradually stabilizing, and high-performance, low-cost manufacturers are expected to stand out.** Currently, the decline in carbon fiber prices has initially slowed down. According to Baichuan Yingfu data, since December 2024, domestic carbon fiber prices have remained at 83.5 yuan/kg. The current operating rate of the carbon fiber industry is still at a low level. As of the week of March 7, 2025, the domestic carbon fiber industry operating rate was 47.76%, a year-on-year change of -1.2 percentage points. The price reduction of carbon fiber products and the decline in gross profit levels have put pressure on the performance of carbon fiber production companies. As of the week of March 7, 2025, the average gross profit of the carbon fiber industry was -18,200 yuan/ton, an increase of 2,000 yuan/ton compared to the previous period. However, Everbright Securities believes that as carbon fiber prices stabilize, leading manufacturers with scale advantages and cost advantages will gradually improve their profitability. At the same time, with the increase and recovery of terminal demand in low-altitude economy, aerospace, and other sectors, leading manufacturers with high-end, high-performance carbon fiber mass production capabilities will significantly benefit. In the carbon fiber materials sector, Everbright Securities recommends paying attention to Jilin Chemical Fiber, Jilin Carbon Valley, and Zhongfu Shenying **Under the expectation of increased demand for carbon fiber, domestic equipment manufacturers such as Jinggong Integration Technology will also benefit simultaneously** The preparation process and equipment for carbon fiber are crucial for its production. However, due to the complex process flow of carbon fiber preparation, which involves many process parameters, accumulating these parameters requires a long period. At the same time, overseas companies have consistently implemented a blockade and ban on the sale of such equipment. With the rapid development of the low-altitude economy, domestic demand for carbon fiber will also be boosted, leading to a simultaneous increase in demand for core key equipment. Based on the demand itself and considerations of supply chain security, Everbright Securities believes that domestic carbon fiber equipment companies will benefit in this context. In terms of carbon fiber equipment, Everbright Securities suggests paying attention to Jinggong Integration Technology. In 2020, Jinggong Integration Technology became the first company in China to achieve full localization of thousand-ton-level carbon fiber complete production line equipment, and it is the only complete line equipment supplier in China, with a domestic market share exceeding 50%. **Risk Analysis:** Rapid decline in raw material prices and maintaining high levels, risk of downstream demand falling short of expectations ### Related Stocks - [300699.CN](https://longbridge.com/en/quote/300699.CN.md) - [002006.CN](https://longbridge.com/en/quote/002006.CN.md) - [06178.HK](https://longbridge.com/en/quote/06178.HK.md) - [000420.CN](https://longbridge.com/en/quote/000420.CN.md) ## Related News & Research - [Desert Control subscription rights trading ends as rights issue deadline nears](https://longbridge.com/en/news/294914623.md) - [01:19 ETHexagon Composites ASA: Second quarter and half year 2026](https://longbridge.com/en/news/295057828.md) - [Selvaag Bolig IFRS Q2 FY26 EBITDA adjusted for financial expenses rises to NOK 255 million; revenue climbs to NOK 1.45 billion](https://longbridge.com/en/news/295056761.md) - [NEXT Biometrics announces extraordinary general meeting](https://longbridge.com/en/news/294972538.md) - [LITEON invests US$34m for 21% stake in DenseLight](https://longbridge.com/en/news/294930138.md)