证券日报网讯 2月26日，驱动力发布公告称，公司2025年实现营业收入76809154.15元，同比增长 7.07%；归属于上市公司股东的净利润4553599.67元，同比下降67.42%。 （文章来源：证券日报） ...

证券日报网讯2月26日，麒麟信安在互动平台回答投资者提问时表示，AI是产业变革的重要驱动力，而 非简单替代。操作系统作为释放硬件算力的关键，也是AI应用的必要底座与安全基石。AI应用的快速 发展，对底层操作系统的异构算力调度、数据安全隔离、软硬件深度适配及运行稳定性等方面提出了更 高要求。麒麟信安操作系统支持云边端多应用场景及多样性计算，可针对AI异构算力进行调度优化， 为大模型与AI应用提供高效、稳定的算力支撑。公司以操作系统为根基，积极拥抱AI浪潮，持续推进 AI与公司核心产品操作系统、云计算、信息安全的深度融合与场景落地，不断夯实核心竞争力，助力 各行业数智化转型升级。 ...

展望未来，该行认为游戏领域中，腾讯、网易核心经典游戏凭借持久的IP优势将维持强劲表现，尽管新 游戏供应日益增加且海外扩张成为关键增长引擎，但AI模型对游戏发行/营运的影响有限。娱乐产业竞 争格局方面，快手/哔哩哔哩业务基础稳固且具AI潜力，而音乐/直播业务面临更激烈竞争。 格隆汇2月26日｜高盛发表报告指，春节线下娱乐呈现分化趋势，优质的现场内容供应才是娱乐消费的 核心驱动力。今年春节，旅游消费按年增长19%，而电影票房表现平淡，仅达57亿元，按年下滑40%， 回归疫情前水平。此现象由于今年缺乏优质作品，相较于2025年春节档期票房48亿元的《哪吒2》。 在个股层面，随着近期股价因人工智能颠覆性影响及竞争忧虑而修正，该行观察到部分企业当前股价已 逼近其五年市盈率区间的低端，例如腾讯15倍、网易13倍、快手10倍，但预期2026年每股盈利将实现高 单位数至低双位数的按年增长。 ...

2025年，高盛以参与近40笔、总额1.48万亿美元的交易，位居全球并购顾问榜首。路透社援引伦敦证券 交易所集团数据称，2025年为巨额交易数量最多的年份之一。不过波士顿咨询集团并购情绪指数为75， 仍低于100的长期均值，反映市场整体仍持谨慎态度。 当前全球并购市场面临数十年来最紧张的融资环境。贝恩公司预测，2025年用于并购的资本比例降至30 年来的低点，企业现金更多流向分红、股票回购、资本支出与研发。资金竞争抬升交易门槛，企业更注 重交易回报与价值创造，仅选择具备明确竞争力的项目。私募资本在并购中地位凸显，私募股权交易占 全球并购比重约40%，私募信贷、主权财富基金成为重要资金来源。高盛预计，当前规模约2.1万亿美 元的私募信贷市场，到2030年有望实现规模翻倍，为大型交易提供更充足的资金支持。 人工智能成为本轮并购热潮的核心引擎。贝恩公司数据显示，2025年50亿美元以上巨型交易贡献超73% 的交易额增长；麦肯锡数据显示，超百亿美元大额交易增至60笔，为2021年以来最高。业内预计，2026 年大型交易将继续增多，人工智能服务提供商是主要推动力量。伴随人工智能应用提速，数据中心、能 源、半导体等领域需 ...

在全球经济波动加剧、市场寻求确定性增长方向的背景下，以电动汽车、锂电池、光伏产品为代表 的"新三样"已成为中国出口的新支柱。作为贯穿这三大高景气赛道的核心纽带，"电池"正从一个零部件 升级为驱动全球能源革命的战略基石。 为帮助投资者高效便捷地布局这一高成长性赛道，华夏基金将于2026年2月24日正式发行华夏中证电池 主题交易型开放式指数证券投资基金(场内简称：电池ETF华夏；基金代码：512460)，为市场提供把握 能源变革时代机遇的全新投资工具。 新能源车加速普及：国内新能源汽车渗透率已突破50%，进入电动化主导阶段；海外市场在碳中和政策 驱动下，出口持续高增。中国动力电池全球市占率高达68.2%，技术和成本优势显著。 技术迭代带来持续机遇：2026年是固态电池产业化落地的关键验证年，半固态电池已量产出货，全固态 电池即将迎来车规级装车试验。技术的不断突破将打开新的应用场景和市场空间。 尤为值得关注的是，当前指数估值处于历史低位。截至2026年2月11日，中证电池主题指数市盈率 (TTM)为33.73倍，处于近十年来约34.7%的分位点(数据来源：Wind)。在A股主流科技赛道中，电池板 块的绝对估值和估值 ...

Core Viewpoint - Japan's economy managed to achieve growth in Q4 2025, reversing the previous quarter's significant contraction, highlighting the effectiveness of Prime Minister Suga's aggressive spending policies [1] Economic Performance - The initial annualized quarterly GDP growth rate for Q4 was reported at 0.2%, which fell short of economists' median expectation of 1.6% [1] - Private residential investment saw a quarter-on-quarter real increase of 4.8%, aligning with expectations following regulatory adjustments that led to a sharp decline in the previous quarter [1] Consumer Spending - Consumer spending, the largest component of GDP, increased by 0.1%, indicating that household demand remains fragile due to inflation, which has consistently stayed above the Bank of Japan's 2% target over the next four years [1] Economic Recovery - The data released underscores the unevenness of the economic recovery, with a lack of strong driving forces persisting despite the presence of one-off factors [1] - Signs of economic activity weakness are unlikely to deter the Bank of Japan from raising the benchmark interest rate later this year [1]

Group 1 - The stock price of Jiang Tung Equipment (600397) closed at 15.49 yuan on February 13, 2026, marking a historical high with an increase of 8.25% on that day and a cumulative rise of 40.95% over the past five days, despite the company expecting a net loss of 258 million to 308 million yuan for the full year of 2025 and having reported losses for three consecutive years from 2023 to 2025 [1] - The strong stock performance is primarily driven by expectations of a significant asset restructuring, with the company announcing plans to raise no more than 1.882 billion yuan through a targeted issuance to acquire 100% equity of Jiang Hard Company, Huamao Company, and Jiuye Company, which are projected to achieve a combined net profit of approximately 132 million yuan in 2025 [1] - The acquisition will add tungsten and tantalum-niobium product businesses, facilitating the company's transition from coal trading to a dual main business model of "magnetic separation equipment + new materials," which is viewed positively by the market regarding resource integration prospects [1] Group 2 - The trading environment is characterized by intense capital competition, with a single-day transaction volume of 2.717 billion yuan and a turnover rate of 17.62% on February 13, 2026, despite a net outflow of 408 million yuan from main funds, retail and speculative funds collectively saw a net inflow of 408 million yuan, indicating active participation from short-term speculative investors [2] - Technical indicators are strong, with the stock price breaking through all key moving averages (5-day, 20-day, and 60-day), the MACD histogram remaining positive, and the KDJ indicator's J line reaching 107.27, indicating an overbought condition, which supports short-term upward momentum [2] Group 3 - The small metals sector has recently shown active performance, with stocks like Zhangyuan Tungsten Industry (002378) hitting the daily limit, and stocks related to power grid equipment and state-owned enterprise reform being favored by investors, making Jiang Tung Equipment, as a small-cap stock with a circulating market value of 15.3 billion yuan, more susceptible to sector sentiment [3] - The company's transformation direction aligns with policy-supported areas such as high-end equipment and new materials, leading to high growth expectations from the market after shedding its loss-making coal business [3] Group 4 - Attention is needed regarding whether the targeted issuance plan can successfully pass regulatory approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission, as well as the profitability stability of the acquired assets [4] - The company faces significant short-term financial risks, with a debt-to-asset ratio of 88.28% and a current ratio of 0.52 as of the third quarter of 2025, indicating substantial repayment pressure [4] - If the transformation does not meet expectations, the company may continue to experience performance losses [4]

公司高速背板连接器实现56G/112G量产，224G产品已完成客户验证，打破国外垄断。通讯业务收入占 比达61.65%，深度合作华为、浪潮、阿里、腾讯等头部客户，国产替代市占率超80%。 项目进展 公司计划通过定增募资9.72亿元扩产，高速线模组产能将从6000套/月提升至3万套/月。截至2025年10 月，高速线模组在手订单达6.2亿元，客户峰值需求预计可达2.2万套/月。 经济观察网华丰科技股价在2026年2月13日创下历史新高，主要受益于AI算力需求爆发、业绩高速增长 以及产能扩张等多重因素驱动。 股价与资金表现 业绩经营情况 2026年2月13日股价收于115.56元，当日涨幅9.27%，近一年累计上涨171.91%。尽管动态市盈率达 208.79倍，但市场对其在AI算力产业链的稀缺性给予高估值认可。 公司深度绑定国内AI服务器厂商，受益于数据中心建设加速。2025年前三季度营收16.59亿元，同比增 长121.47%；归母净利润2.23亿元，同比扭亏为盈，增幅达558.51%。全年预计归母净利润3.38亿–3.88亿 元，第四季度单季净利润或达1.4亿元(预告中值)，同比增长351.6%。 风险提示 ...

Core Viewpoint - Lockheed Martin's stock price has reached a historical high, driven by strong earnings guidance, significant contract developments, and favorable industry policies [1]. Financial Performance - The company provided earnings guidance for 2026, expecting net sales between $77.5 billion and $80 billion, with earnings per share projected at $29.35 to $30.25, exceeding market expectations [2]. - In Q4 2025, net sales increased by 9% year-over-year to $20.3 billion, with earnings per share at $5.80 and net profit up by 155% [2]. Contract Developments - Lockheed Martin signed an agreement with the U.S. Department of Defense to increase the annual production of THAAD interceptors from 96 to 400 units and Patriot PAC-3 missiles from 600 to 2,000 units, supporting future revenue growth expectations [3]. Operational Status - As of the end of 2025, the company's backlog reached $194 billion, the highest level in history, providing visibility for long-term business [4]. Industry Policy and Environment - The U.S. defense strategy emphasizes strengthening the industrial base and deploying in the Asia-Pacific region, such as the plan to deploy nearly 300 F-35 aircraft by 2035, enhancing market expectations for the defense sector [5]. - The industrial sector has become a focal point for capital rotation, with institutions optimistic about valuation recovery opportunities [5]. Stock Performance - As of February 13, 2026, Lockheed Martin's stock closed at $652.00, up 2.29% for the day and 34.80% year-to-date, significantly outperforming the market [6]. - The trailing twelve months price-to-earnings ratio stands at 30.34, indicating a high market valuation [6].

经济观察网2026年2月13日，中点能源(CNP.N)股价突破历史新高，盘中最高触及42.49美元，收盘报 42.39美元，单日涨幅1.75%。年初至今累计上涨10.56%，近5个交易日涨幅达5.84%。当日成交额约7397 万美元，换手率0.27%，能源电力板块同期上涨1.72%，公司股价表现强于板块均值。 股价异动原因 以上内容基于公开资料整理，不构成投资建议。 业绩基本面支撑：2025财年第三季度财报显示，公司归母净利润同比增长51.81%，营业收入同比增长 7.11%，毛利率稳定在31.94%。主营业务中电力占比53.11%，天然气占比46.84%，2025年第四季度已恢 复同比增长势头。 机构看好情绪：2026年2月，19家机构发布观点中42%给予买入或增持评级，目标均价42.71美元，最高 看至49.00美元。交易活跃度显著提升，2月11日成交量达599.48万股，资金流入明显。 行业政策现状 全球AI数据中心建设需求旺盛，公司作为能源供应商受益于相关基础设施投资扩张预期。同日美股能 源电力板块整体走强，进一步助推股价突破。 AI合作进展：经济观察网报道指出，公司与Palantir、英伟达合作开发 ...