521 lines
36 KiB
HTML
521 lines
36 KiB
HTML
<!DOCTYPE html>
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<html lang="zh-CN" data-theme="night">
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<head>
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<meta charset="UTF-8">
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<meta name="viewport" content="width=device-width, initial-scale=1.0">
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<title>深度投研：低空设计 (Low-altitude Design)</title>
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<script src="https://cdn.tailwindcss.com"></script>
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<link href="https://cdn.jsdelivr.net/npm/daisyui@4.11.1/dist/full.min.css" rel="stylesheet" type="text/css" />
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<script defer src="https://cdn.jsdelivr.net/npm/alpinejs@3.x.x/dist/cdn.min.js"></script>
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<script src="https://cdn.jsdelivr.net/npm/echarts@5.5.0/dist/echarts.min.js"></script>
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<style>
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@import url('https://fonts.googleapis.com/css2?family=Lexend:wght@300;400;500;600;700&display=swap');
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body {
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font-family: 'Lexend', sans-serif;
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background-color: #0a0920;
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background-image:
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radial-gradient(ellipse 20% 40% at 20% 40%, hsla(217, 100%, 50%, 0.1), transparent),
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radial-gradient(ellipse 20% 40% at 80% 60%, hsla(287, 100%, 50%, 0.1), transparent);
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overflow-x: hidden;
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color: #e0e0e0;
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}
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.main-container {
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position: relative;
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z-index: 1;
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}
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.background-glow {
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position: fixed;
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top: 0;
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left: 0;
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width: 100vw;
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height: 100vh;
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background:
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radial-gradient(circle at 15% 25%, rgba(66, 153, 225, 0.2) 0%, transparent 40%),
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radial-gradient(circle at 85% 75%, rgba(159, 122, 234, 0.2) 0%, transparent 40%);
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animation: moveGlow 20s ease-in-out infinite;
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z-index: 0;
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}
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@keyframes moveGlow {
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0% { transform: translate(0, 0) scale(1); }
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25% { transform: translate(10vw, -10vh) scale(1.2); }
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50% { transform: translate(-10vw, 10vh) scale(1); }
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75% { transform: translate(5vw, 5vh) scale(1.1); }
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100% { transform: translate(0, 0) scale(1); }
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}
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.glass-card {
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background: rgba(20, 18, 51, 0.5);
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backdrop-filter: blur(20px);
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-webkit-backdrop-filter: blur(20px);
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border: 1px solid rgba(255, 255, 255, 0.1);
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transition: all 0.3s ease;
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}
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.glass-card:hover {
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transform: translateY(-5px);
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box-shadow: 0 0 40px rgba(76, 107, 188, 0.3);
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border-color: rgba(76, 107, 188, 0.5);
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}
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.text-glow {
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text-shadow: 0 0 8px rgba(133, 192, 255, 0.8);
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}
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.bento-grid {
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display: grid;
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gap: 1rem;
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grid-template-columns: repeat(12, 1fr);
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grid-auto-rows: minmax(100px, auto);
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}
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.bento-item-1 { grid-column: span 12; grid-row: span 2; md:grid-column: span 8; }
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.bento-item-2 { grid-column: span 12; grid-row: span 2; md:grid-column: span 4; }
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.bento-item-3 { grid-column: span 12; grid-row: span 2; md:grid-column: span 6; }
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.bento-item-4 { grid-column: span 12; grid-row: span 2; md:grid-column: span 6; }
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.timeline-item::before {
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content: '';
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position: absolute;
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left: 0.75rem;
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top: 1rem;
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bottom: -1rem;
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width: 2px;
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background-color: rgba(255, 255, 255, 0.1);
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transform: translateX(-50%);
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}
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.timeline-item:last-child::before {
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display: none;
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}
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.timeline-dot {
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position: absolute;
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left: 0.75rem;
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top: 1rem;
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width: 1rem;
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height: 1rem;
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border-radius: 50%;
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background-color: #4c6bbc;
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border: 2px solid rgba(255, 255, 255, 0.2);
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transform: translateX(-50%);
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box-shadow: 0 0 10px #4c6bbc;
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}
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table thead th {
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background-color: rgba(30, 41, 59, 0.8) !important;
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color: #a5b4fc !important;
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}
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table tbody tr:hover {
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background-color: rgba(51, 65, 85, 0.7) !important;
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}
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.tab-lift {
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transition: all 0.2s ease-in-out;
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transform-origin: bottom;
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}
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.tab-active.tab-lift {
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transform: translateY(-3px) scale(1.05);
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background-color: #4a5568 !important;
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box-shadow: 0 0 15px rgba(76, 107, 188, 0.4);
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}
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</style>
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</head>
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<body class="min-h-screen">
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<div class="background-glow"></div>
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<div class="main-container max-w-7xl mx-auto p-4 md:p-8">
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<!-- Header -->
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<header class="text-center mb-12">
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<h1 class="text-4xl md:text-6xl font-bold text-white text-glow animate-pulse">深度投研：低空设计</h1>
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<p class="text-lg text-indigo-300 mt-4">Low-altitude Design: Charting the New Infrastructure Frontier</p>
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</header>
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<!-- Main Content -->
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<main>
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<!-- Insight Section: Bento Grid -->
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<section class="bento-grid mb-12">
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<!-- Core Logic -->
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<div class="bento-item-1 glass-card p-6 rounded-3xl flex flex-col">
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<h2 class="text-2xl font-bold text-cyan-300 mb-4 flex items-center">
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<svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 mr-2" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M9.663 17h4.673M12 3v1m6.364 1.636l-.707.707M21 12h-1M4 12H3m3.343-5.657l-.707-.707m2.828 9.9a5 5 0 117.072 0l-.548.547A3.374 3.374 0 0014 18.469V19a2 2 0 11-4 0v-.531c0-.895-.356-1.754-.988-2.386l-.548-.547z" /></svg>
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核心观点与市场逻辑
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</h2>
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<div class="prose prose-invert max-w-none text-gray-300">
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<p class="text-lg font-semibold text-indigo-200">低空设计是低空经济产业链中<strong class="text-cyan-400">最先启动、确定性最高</strong>的环节，其本质是新基建的“勘察设计院”。</p>
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<p>当前，该概念正处于由<strong>政策驱动下的订单释放初期</strong>，核心驱动力源于自上而下的基建投资。未来潜力巨大，但短期业绩兑现将呈现<strong>点状爆发</strong>而非全面开花。核心竞争力在于<strong class="text-cyan-400">稀缺的民航设计资质</strong>和<strong class="text-cyan-400">深度的区域政府资源绑定</strong>。</p>
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<h4 class="text-indigo-200 font-semibold">核心驱动力：政策强驱动下的“基建先行”</h4>
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<ul>
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<li><strong>强制性需求：</strong> 国家战略意志体现，规划设计是实现空域有效利用和安全运行的<strong class="text-cyan-400">刚性需求</strong>。</li>
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<li><strong>投资前置性：</strong> 参考高铁、高速公路发展，大规模建设前有1-2年规划设计周期，设计订单落地速度最快，是产业链中<strong class="text-cyan-400">最先受益</strong>的环节。</li>
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<li><strong>高壁垒业务：</strong> 空域规划和机场设计需要<strong class="text-cyan-400">民航行业甲级资质</strong>，全国仅20余家企业拥有，形成事实上的<strong class="text-cyan-400">资质垄断</strong>。</li>
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</ul>
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<h4 class="text-indigo-200 font-semibold">预期差分析：宏大叙事与订单现实</h4>
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<ul>
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<li><strong>订单规模预期差：</strong> 市场预期百亿级设计市场，但现实订单多为几十万至几百万元的规划咨询，大规模建设预计在<strong>2026-2027年</strong>放量。</li>
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<li><strong>业务实质预期差：</strong> 头部公司已超越图纸绘制，扮演<strong class="text-cyan-400">“地方政府智库”</strong>角色，深度参与政策、标准制定，这是被低估的核心壁垒。</li>
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<li><strong>估值逻辑预期差：</strong> 设计环节PE估值（7-10倍）远低于空管（60倍）、制造（30倍），可能因资质壁垒和智库角色存在<strong class="text-cyan-400">价值重估潜力</strong>。</li>
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</ul>
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</div>
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</div>
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<!-- Key Events Timeline -->
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<div class="bento-item-2 glass-card p-6 rounded-3xl">
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<h2 class="text-2xl font-bold text-cyan-300 mb-6 flex items-center">
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<svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 mr-2" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M8 7V3m8 4V3m-9 8h10M5 21h14a2 2 0 002-2V7a2 2 0 00-2-2H5a2 2 0 00-2 2v12a2 2 0 002 2z" /></svg>
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关键事件轴
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</h2>
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<div class="relative space-y-8">
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<div class="timeline-item pl-8">
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<div class="timeline-dot"></div>
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<p class="font-semibold text-indigo-200">政策顶层设计 (2023-2024初)</p>
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<p class="text-sm text-gray-400">首次写入政府工作报告，国家发改委设立低空经济发展司，顶层设计明确。</p>
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</div>
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<div class="timeline-item pl-8">
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<div class="timeline-dot"></div>
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<p class="font-semibold text-indigo-200">地方规划与试点 (2024)</p>
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<p class="text-sm text-gray-400">安徽、江苏、深圳等率先发布规划，设计院密集中标规划咨询项目，订单初步落地。</p>
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</div>
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<div class="timeline-item pl-8">
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<div class="timeline-dot"></div>
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<p class="font-semibold text-indigo-200">基建指引发布 (2025)</p>
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<p class="text-sm text-gray-400">《低空经济基础设施框架指引》发布，被视为基建启动标志，催化“设计先行”共识。</p>
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</div>
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<div class="timeline-item pl-8">
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<div class="timeline-dot"></div>
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<p class="font-semibold text-indigo-200">订单加速与模式探索 (至今)</p>
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<p class="text-sm text-gray-400">项目从宏观规划向大型EPC演进，BIM、AI、数字孪生等技术融合成为新趋势。</p>
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</div>
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</div>
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</div>
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<!-- Catalysts -->
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<div class="bento-item-3 glass-card p-6 rounded-3xl">
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<h2 class="text-2xl font-bold text-cyan-300 mb-4 flex items-center">
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<svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 mr-2" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M13 10V3L4 14h7v7l9-11h-7z" /></svg>
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未来催化剂与发展路径
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</h2>
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<div class="space-y-4">
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<div>
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<h4 class="font-semibold text-indigo-200">近期催化剂 (未来3-6个月)</h4>
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<ul class="list-disc list-inside text-gray-300 space-y-1 mt-2">
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<li><strong>国家级试点城市名单公布：</strong>预计2024年Q3-Q4公布，将引爆相关地区基建招投标。</li>
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<li><strong>标志性项目启动招标：</strong>如合肥骆岗机场试点项目，验证公司拿单能力。</li>
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<li><strong>行业强制性标准出台：</strong>加速行业规范化发展和项目落地。</li>
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</ul>
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</div>
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<div>
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<h4 class="font-semibold text-indigo-200">长期发展路径</h4>
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<ol class="list-decimal list-inside text-gray-300 space-y-1 mt-2">
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<li><strong>第一阶段 (当前-2025)：</strong>规划与试点。订单以小额、高利润率的顶层规划咨询为主。</li>
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<li><strong>第二阶段 (2026-2028)：</strong>大规模建设。通用机场、起降枢纽等进入全面建设期，设计订单迎来爆发。</li>
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<li><strong>第三阶段 (2028以后)：</strong>数字化与运营深化。重心转向数字孪生、智慧管控，并探索EPCO等新商业模式。</li>
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</ol>
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</div>
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</div>
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</div>
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<!-- Risks -->
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<div class="bento-item-4 glass-card p-6 rounded-3xl">
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<h2 class="text-2xl font-bold text-cyan-300 mb-4 flex items-center">
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<svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 mr-2" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M12 9v2m0 4h.01m-6.938 4h13.856c1.54 0 2.502-1.667 1.732-3L13.732 4c-.77-1.333-2.694-1.333-3.464 0L3.34 16c-.77 1.333.192 3 1.732 3z" /></svg>
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潜在风险与挑战
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</h2>
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<ul class="list-disc list-inside text-gray-300 space-y-2">
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<li><strong>商业化风险 (最大风险)：</strong>目前完全依赖政府投资，未来能否形成可持续商业模式尚不明朗。若商业应用发展不及预期，将导致基建投资收缩。</li>
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<li><strong>政策与竞争风险：</strong>政策推进不及预期是系统性风险。同时，拥有资质的少数玩家之间竞争将加剧。</li>
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<li><strong>订单价值解读风险：</strong>需穿透看待EPC类订单，其总额不等于设计收入，设计费占比可能仅10-20%。</li>
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<li><strong>“贴标签”风险：</strong>市场存在将传统市政设计等同于高壁垒低空设计的逻辑谬误，需甄别核心受益标的。</li>
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</ul>
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</div>
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</section>
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<!-- Detailed Data Section -->
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<section class="mb-12" x-data="{ tab: 'reports' }">
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<div class="tabs tabs-boxed bg-slate-800/50 justify-center mb-6">
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<a class="tab tab-lg tab-lift" :class="{ 'tab-active': tab === 'reports' }" @click="tab = 'reports'">核心研报观点</a>
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<a class="tab tab-lg tab-lift" :class="{ 'tab-active': tab === 'roadshows' }" @click="tab = 'roadshows'">关键路演纪要</a>
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<a class="tab tab-lg tab-lift" :class="{ 'tab-active': tab === 'news' }" @click="tab = 'news'">重要新闻摘要</a>
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</div>
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<div class="glass-card p-6 rounded-3xl min-h-[30rem]">
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<!-- Reports View -->
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<div x-show="tab === 'reports'" class="prose prose-invert max-w-none text-gray-300">
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<h3 class="text-xl font-bold text-cyan-300">研报核心观点：设计先行，基建之基</h3>
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<h4>一、 战略定位：产业链前端，率先受益</h4>
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<blockquote>“基础设施建设是低空经济发展的基础，设计企业作为产业链的前端将率先受益。”</blockquote>
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<p>规划设计公司扮演地方政府“顶层智库”角色，提供政策咨询、空域规划、标准制定等全方位服务。</p>
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<h4>二、 设计范畴：物理与数字并重</h4>
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<ul>
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<li><strong>物理设施：</strong>通用机场、eVTOL起降场、无人机起降枢纽、能源站等地面保障设施。</li>
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<li><strong>信息设施：</strong>低空航路航线网、智能信息网、基于数字孪生的智慧交通整体解决方案。</li>
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<li><strong>综合规划：</strong>区域整体规划、产业园规划、“轨道+低空”融合方案等。</li>
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</ul>
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<h4>三、 市场空间测算</h4>
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<ul>
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<li><strong>通用机场设计：</strong>年均市场空间约 <strong>20.7 - 34.5 亿元</strong>（基于年增230个，设计费率3%测算）。</li>
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<li><strong>起降点设计：</strong>若全国300个地级市开启建设，未来2-3年新增设计费市场空间近 <strong>400 亿元</strong>。</li>
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</ul>
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<h4>四、 核心竞争力：资质壁垒与技术储备</h4>
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<p>核心壁垒在于<strong>民航行业甲级资质</strong>，中交集团旗下三家单位占据市场份额高达<strong>81.40%</strong>，形成垄断优势。同时，AI及BIM数字化设计能力、标准制定能力是关键护城河。</p>
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</div>
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<!-- Roadshows View -->
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<div x-show="tab === 'roadshows'" class="prose prose-invert max-w-none text-gray-300">
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<h3 class="text-xl font-bold text-cyan-300">路演核心纪要：订单落地与技术壁"</h3>
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<h4>一、 核心逻辑：“低空经济，设计先行”</h4>
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<p>设计环节作为起点，订单落地快、技术壁垒高、区域性强，是产业链最先受益环节。订单转化收入周期短，可快速体现在业绩中。</p>
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<h4>二、 设计三大方向</h4>
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<ul>
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<li><strong>地面基础设施设计：</strong>通用机场、起降平台、产业园的规划、勘察和设计。</li>
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<li><strong>空域规划与航路设计：</strong>空域划分、航线规划、飞行仿真模拟等顶层设计。</li>
|
||
<li><strong>数字化与智能化设计：</strong>低空数字孪生平台、智慧交通管控系统、BIM及AI辅助设计。</li>
|
||
</ul>
|
||
|
||
<h4>三、 订单结构与利润</h4>
|
||
<ul>
|
||
<li><strong>订单单价：</strong>省级规划咨询约10-30万/项，市县产业规划30-60万/项，机场设计费（含可研+施工图）约500-600万元/项。</li>
|
||
<li><strong>毛利率：</strong>通用机场设计毛利率高于传统基建，而低空规划咨询因技术壁垒更高，毛利率进一步提升（约30%-40%）。</li>
|
||
</ul>
|
||
|
||
<h4>四、 关键公司动态</h4>
|
||
<ul>
|
||
<li><strong>设计总院：</strong>安徽省内唯一机场设计资质，定位为省级“专家智库”，推动BIM技术应用，启动AI大模型训练。</li>
|
||
<li><strong>中交设计：</strong>公路设计规范主编者，成立“低空经济创新中心”，推动空域管理顶层规划。</li>
|
||
<li><strong>深城交：</strong>已有低空基础设施数字化模型等订单落地，开发低空OS系统，整合无人机交通管理。</li>
|
||
<li><strong>华设集团：</strong>太仓低空经济项目（2600万）体现“设计+集成”能力，AI产品提升设计效率10倍。</li>
|
||
</ul>
|
||
</div>
|
||
|
||
<!-- News View -->
|
||
<div x-show="tab === 'news'" class="prose prose-invert max-w-none text-gray-300">
|
||
<h3 class="text-xl font-bold text-cyan-300">新闻核心摘要：政策驱动，多点开花</h3>
|
||
<h4>一、 政策与市场层面：顶层设计驱动</h4>
|
||
<blockquote>“低空顶层政策设计及地方性的低空投资持续推动。”</blockquote>
|
||
<blockquote>“《低空经济基础设施框架指引（2025版）》正式发布！机构称基建为低空经济的基石，规划设计企业有望率先受益。”</blockquote>
|
||
<p>新闻普遍强调，随着低空司成立和顶层设计不断完善，行业正从政策设计向订单落地过渡，商业化进程有望加速。</p>
|
||
|
||
<h4>二、 企业业务布局：成立专门团队，提供全过程服务</h4>
|
||
<ul>
|
||
<li>多家设计公司已成立专门团队（如民航设计院、低空经济创新中心）。</li>
|
||
<li>服务范围覆盖从前期规划、选址、可研到具体工程设计的全过程服务。</li>
|
||
<li>部分企业自主研发低空空域航路规划设计软件和管理平台。</li>
|
||
</ul>
|
||
|
||
<h4>三、 具体项目落地：规划与设计项目中标频繁</h4>
|
||
<ul>
|
||
<li><strong>设计总院：</strong>中标淮北市起降点布局规划、安徽铁塔无人机机场设计服务等项目。</li>
|
||
<li><strong>深城交：</strong>中标温州、常州、台州、南山等超过20个低空经济相关项目。</li>
|
||
<li><strong>华设集团：</strong>中标江苏、黑龙江、宁夏三个省级低空规划及约20个市级规划。</li>
|
||
<li><strong>中衡设计：</strong>中标低空经济产业园相关设计项目，累计合同额1406.86万元。</li>
|
||
<li><strong>地铁设计：</strong>中标邢台市低空经济综合服务平台及基础设施建设项目。</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
</section>
|
||
|
||
<!-- Industry Chain & Players Section -->
|
||
<section class="mb-12">
|
||
<div class="grid grid-cols-1 lg:grid-cols-3 gap-8">
|
||
<!-- Industry Chain -->
|
||
<div class="lg:col-span-1 glass-card p-6 rounded-3xl">
|
||
<h2 class="text-2xl font-bold text-cyan-300 mb-6 flex items-center">
|
||
<svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 mr-2" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M19 11H5m14 0a2 2 0 012 2v6a2 2 0 01-2 2H5a2 2 0 01-2-2v-6a2 2 0 012-2m14 0V9a2 2 0 00-2-2M5 11V9a2 2 0 012-2m0 0V5a2 2 0 012-2h6a2 2 0 012 2v2M7 7h10" /></svg>
|
||
产业链图谱
|
||
</h2>
|
||
<div class="space-y-4">
|
||
<div class="p-4 rounded-xl bg-slate-800/50 border border-slate-700">
|
||
<p class="font-bold text-indigo-300">上游：设计工具与技术</p>
|
||
<p class="text-sm text-gray-400">BIM/GIS软件, AI大模型 (如DeepSeek V2), 云计算平台等技术支持方。</p>
|
||
</div>
|
||
<div class="flex justify-center my-2"><svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 text-cyan-400" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M19 14l-7 7m0 0l-7-7m7 7V3" /></svg></div>
|
||
<div class="p-4 rounded-xl bg-cyan-900/50 border border-cyan-700 ring-2 ring-cyan-500/50">
|
||
<p class="font-bold text-cyan-300">中游：低空设计服务商 (核心)</p>
|
||
<ul class="text-sm text-gray-300 list-disc list-inside mt-1">
|
||
<li><strong>综合规划层：</strong>顶层设计、政策咨询、标准制定。</li>
|
||
<li><strong>物理设计层：</strong>通用机场、起降点等实体设施设计。</li>
|
||
<li><strong>数字设计层：</strong>航路规划、监管平台、数字孪生开发。</li>
|
||
</ul>
|
||
</div>
|
||
<div class="flex justify-center my-2"><svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 text-cyan-400" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M19 14l-7 7m0 0l-7-7m7 7V3" /></svg></div>
|
||
<div class="p-4 rounded-xl bg-slate-800/50 border border-slate-700">
|
||
<p class="font-bold text-indigo-300">下游：建设与运营</p>
|
||
<p class="text-sm text-gray-400">基础设施建设方, 设备供应商, 航空器运营商和最终用户。</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
<!-- ECharts -->
|
||
<div class="lg:col-span-2 glass-card p-6 rounded-3xl">
|
||
<h2 class="text-2xl font-bold text-cyan-300 mb-4 flex items-center">
|
||
<svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 mr-2" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M11 3.055A9.001 9.001 0 1020.945 13H11V3.055z" /><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M20.488 9H15V3.512A9.025 9.025 0 0120.488 9z" /></svg>
|
||
核心市场格局：资质高度集中
|
||
</h2>
|
||
<div id="market-share-chart" class="w-full h-80"></div>
|
||
</div>
|
||
</div>
|
||
</section>
|
||
|
||
<section class="mb-12 glass-card p-6 rounded-3xl">
|
||
<h2 class="text-2xl font-bold text-cyan-300 mb-6 flex items-center">
|
||
<svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 mr-2" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M9 3v2m6-2v2M9 19v2m6-2v2M5 9H3m2 6H3m18-6h-2m2 6h-2M12 6V3m0 18v-3M5.636 5.636l-1.414-1.414M19.778 19.778l-1.414-1.414M18.364 5.636l1.414-1.414M4.222 19.778l1.414-1.414M12 12a6 6 0 110-12 6 6 0 010 12z" /></svg>
|
||
核心玩家深度剖析
|
||
</h2>
|
||
<div class="overflow-x-auto">
|
||
<table class="table w-full">
|
||
<thead>
|
||
<tr>
|
||
<th class="w-1/6">公司</th>
|
||
<th class="w-1/4">定位与逻辑</th>
|
||
<th class="w-1/4">竞争优势</th>
|
||
<th class="w-1/4">业务进展与验证</th>
|
||
<th class="w-1/12 text-center">纯粹度</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr class="hover">
|
||
<td class="font-bold text-indigo-300">设计总院</td>
|
||
<td>区域龙头 & 智库</td>
|
||
<td>安徽省唯一民航设计资质；深度绑定省政府，作为“技术支持单位”；具备空域协调经验。</td>
|
||
<td>已中标新疆、湖北通用机场设计；编制安徽省中长期规划；2023年民航类合同3400万。</td>
|
||
<td class="text-center"><div class="badge badge-accent">高</div></td>
|
||
</tr>
|
||
<tr class="hover">
|
||
<td class="font-bold text-indigo-300">中交设计</td>
|
||
<td>国家队 & 全能选手</td>
|
||
<td>央企背景，旗下民航总院等三家公司垄断民航设计市场81.4%；全国性业务网络；具备标准制定能力。</td>
|
||
<td>成立“低空经济创新中心”；目标成为“天路”设计服务商。但目前低空业务占总营收比例极低。</td>
|
||
<td class="text-center"><div class="badge badge-warning">中</div></td>
|
||
</tr>
|
||
<tr class="hover">
|
||
<td class="font-bold text-indigo-300">深城交</td>
|
||
<td>数字先锋 & 模式创新者</td>
|
||
<td>扎根深圳政策高地；聚焦数字孪生、低空OS等高附加值领域；已获大型EPC订单，探索总包模式。</td>
|
||
<td>联合中标深圳5.18亿项目；中标温州、常州等20余个规划项目；南山协同感知项目0.6亿。</td>
|
||
<td class="text-center"><div class="badge badge-accent">高</div></td>
|
||
</tr>
|
||
<tr class="hover">
|
||
<td class="font-bold text-indigo-300">华设集团</td>
|
||
<td>综合解决方案商</td>
|
||
<td>具备民航设计院，业务覆盖政策咨询、规划设计、平台建设；深耕江苏经济强省。</td>
|
||
<td>中标江苏/黑龙江等3个省级、20个市级规划，金额近2000万；设计赣州产业园。</td>
|
||
<td class="text-center"><div class="badge badge-secondary">中高</div></td>
|
||
</tr>
|
||
<tr class="hover">
|
||
<td class="font-bold text-indigo-300">中衡设计</td>
|
||
<td>早期参与者</td>
|
||
<td>已中标低空经济产业园相关设计项目。</td>
|
||
<td>2024年至今中标合同额1406.86万元。公司明确表示目前相关收入占比很小。</td>
|
||
<td class="text-center"><div class="badge badge-neutral">低</div></td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</section>
|
||
|
||
<!-- Stock List Table -->
|
||
<section class="glass-card p-6 rounded-3xl">
|
||
<h2 class="text-2xl font-bold text-cyan-300 mb-6 flex items-center">
|
||
<svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 mr-2" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M9 17v-2m3 2v-4m3 4v-6m2 10H7a2 2 0 01-2-2V5a2 2 0 012-2h5.586a1 1 0 01.707.293l5.414 5.414a1 1 0 01.293.707V19a2 2 0 01-2 2z" /></svg>
|
||
相关概念股梳理
|
||
</h2>
|
||
<div class="overflow-x-auto">
|
||
<table class="table table-zebra w-full text-sm">
|
||
<thead>
|
||
<tr>
|
||
<th>股票名称</th>
|
||
<th>股票代码</th>
|
||
<th>所在区域</th>
|
||
<th>企业性质</th>
|
||
<th>总市值(亿)</th>
|
||
<th>2024PE</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<!-- Data will be populated here -->
|
||
<tr><td>中交设计</td><td><a href='https://valuefrontier.cn/company?scode=600720' target='_blank' class='link link-hover text-cyan-400'>600720.SH</a></td><td>全国</td><td>央企</td><td>246</td><td>13</td></tr>
|
||
<tr><td>深城交</td><td><a href='https://valuefrontier.cn/company?scode=301091' target='_blank' class='link link-hover text-cyan-400'>301091.SZ</a></td><td>广东省</td><td>国企</td><td>154</td><td></td></tr>
|
||
<tr><td>蕾奥规划</td><td><a href='https://valuefrontier.cn/company?scode=300989' target='_blank' class='link link-hover text-cyan-400'>300989.SZ</a></td><td>广东省</td><td>民企</td><td>32</td><td></td></tr>
|
||
<tr><td>地铁设计</td><td><a href='https://valuefrontier.cn/company?scode=003013' target='_blank' class='link link-hover text-cyan-400'>003013.SZ</a></td><td>广东省</td><td>国企</td><td>64</td><td>11</td></tr>
|
||
<tr><td>设计总院</td><td><a href='https://valuefrontier.cn/company?scode=603357' target='_blank' class='link link-hover text-cyan-400'>603357.SH</a></td><td>安徽省</td><td>国企</td><td>68</td><td>12</td></tr>
|
||
<tr><td>苏交科</td><td><a href='https://valuefrontier.cn/company?scode=300284' target='_blank' class='link link-hover text-cyan-400'>300284.SZ</a></td><td>江苏省</td><td>国企</td><td>131</td><td>27</td></tr>
|
||
<tr><td>中衡设计</td><td><a href='https://valuefrontier.cn/company?scode=603017' target='_blank' class='link link-hover text-cyan-400'>603017.SH</a></td><td>江苏省</td><td>民企</td><td>26</td><td>17</td></tr>
|
||
<tr><td>华设集团</td><td><a href='https://valuefrontier.cn/company?scode=603018' target='_blank' class='link link-hover text-cyan-400'>603018.SH</a></td><td>江苏省</td><td>公众企业</td><td>67</td><td>9</td></tr>
|
||
<tr><td>建发合诚</td><td><a href='https://valuefrontier.cn/company?scode=603909' target='_blank' class='link link-hover text-cyan-400'>603909.SH</a></td><td>福建省</td><td>国企</td><td>25</td><td>29</td></tr>
|
||
<tr><td>甘咨询</td><td><a href='https://valuefrontier.cn/company?scode=000779' target='_blank' class='link link-hover text-cyan-400'>000779.SZ</a></td><td>甘肃省</td><td>国企</td><td>41</td><td>12</td></tr>
|
||
<tr><td>华建集团</td><td><a href='https://valuefrontier.cn/company?scode=600629' target='_blank' class='link link-hover text-cyan-400'>600629.SH</a></td><td>上海</td><td>国企</td><td>52</td><td>9</td></tr>
|
||
</tbody>
|
||
<tfoot>
|
||
<tr><td colspan="6" class="text-center text-xs text-gray-500">仅列出部分核心及代表性公司，完整列表请参考原始数据。</td></tr>
|
||
</tfoot>
|
||
</table>
|
||
</div>
|
||
</section>
|
||
</main>
|
||
|
||
<!-- Footer -->
|
||
<footer class="text-center mt-12 text-xs text-gray-500">
|
||
<p>北京价值前沿科技有限公司 AI投研agent：“价小前投研” 进行投研呈现</p>
|
||
<p>本报告为AI合成数据，不构成任何投资建议，投资需谨慎。</p>
|
||
</footer>
|
||
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|
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