转自：前瞻产业研究院 以下数据及分析来自于前瞻产业研究院深海科技研究小组发布的《中国海洋经济产业发展状况调研与投 资战略分析报告》 行业主要上市公司：中国船舶(600150.SH);中船防务(600685.SH);振华重工(600320.SH);中海油服 (601808.SH);中国海防(600764.SH);海兰信(300065.SZ);中天科技(600522.SH)等 深海材料由多种高端材料组成 在高压、低温、强腐蚀、黑暗等极端环境的深海领域，材料性能直接决定着开发能力的边界。深海材料 是深海科技突破的"地基"，为深潜装备、探测系统、资源开发平台提供了核心保障，推动着深海探测从 浅海向深渊、从观测向开发的跨越。同时，作为撬动十万亿美元深海矿产资源市场的支点，深海材料的 创新将全面激活深海油气、海底矿产、生物资源等巨大产业潜力，支撑起从装备制造到资源利用的全产 业链发展。深海材料按照其功能作用分类，可分为耐压结构材料(壳体材料)、浮力材料、密封材料、防 护材料(如防腐材料、防护涂层、润滑材料等)、照明材料等类别。按照材料性质，则可分为高强度金属 材料、高分子复合材料、陶瓷基复合材料等类别。深海材料类别如下图 ...

Core Insights - The report provides an analysis of the global and Chinese optical module industry, highlighting the product layout of representative companies and a comparative analysis of segmented products. Group 1: Product Layout of Representative Companies - Major Chinese optical module companies have product lines covering transmission rates up to 800G and below, including 10G, 25G, 40G, 50G, 100G, 200G, 400G, and 800G modules [1]. - The table outlines the specific products offered by companies such as Guangxun Technology, Zhongji Xuchuang, and others across various transmission rates, indicating a comprehensive coverage in the optical module market [1]. Group 2: 10G Optical Module Market - The 10G optical module market is mature, primarily featuring XFP and SFP+ modules, with SFP+ being favored for its lower cost, smaller size, and strong compatibility [3]. - 10G data center solutions typically involve 10G switches paired with SFP+ modules and LC fiber jumpers, emphasizing the importance of matching switch rates with corresponding optical modules [3]. Group 3: 40G Optical Module Demand - The 40G optical module, particularly the QSFP+ type, is widely used due to its compact design and ability to meet high-density, high-speed market demands [6]. - Transitioning from 10G to 40G is driven by the need for increased bandwidth and throughput in data centers, with 40G solutions often involving 40G switches and QSFP+ modules [6]. Group 4: 100G Optical Module Applications - The 100G optical module is primarily utilized in cloud data centers and high-speed networks, with QSFP28 emerging as the mainstream packaging method [7]. - Significant technological advancements in 100G modules include digital coherent receiver technology and advanced error correction coding, catering to evolving user demands [7]. Group 5: 400G Optical Module Commercialization - The 400G optical module is set to become commercially viable in 2023, driven by the increasing demand from AI model training and 5G network construction [10]. - Major Chinese telecom operators are expected to deploy 400G modules extensively, with significant market share anticipated by 2024-2025 [10]. Group 6: 800G Optical Module Projections - The 800G optical module is projected to become mainstream by 2025, primarily driven by the needs of AI data centers for large-scale GPU cluster interconnections [13]. - Different types of 800G modules are categorized based on transmission distance, catering to various applications from data center interconnections to long-distance transmission [15]. Group 7: 1.6T Optical Module Development - The 1.6T optical module is expected to see commercial rollout in 2025, with gradual scaling from initial small batch shipments to larger production volumes by year-end [16]. - Key players like Nvidia and Zhongji Xuchuang are leading the early adoption and certification processes for 1.6T modules [18].

Core Viewpoint - The power grid concept stocks have shown strong performance in early trading, with significant gains in several companies, indicating a positive market sentiment towards the power equipment sector [1]. Group 1: Stock Performance - Xuji Electric has risen over 8%, while Guodian NARI and Hengtong Optic-Electric have increased by more than 7%. Other companies like Tebian Electric, Siyuan Electric, and Zhongtian Technology have also seen gains exceeding 4% [1]. - The power equipment ETF and the grid ETF have both increased by over 5% [1]. Group 2: Industry Outlook - According to brokerages, the new energy sector is expected to maintain a positive trend through 2026, supported by the National Energy Administration's commitment to enhance offshore wind power development during the 14th Five-Year Plan [2]. - The anticipated increase in overseas high-value orders is expected to expand China's wind power export potential, alongside domestic grid investment growth, which is likely to drive demand for power equipment [2]. - The power equipment sector is projected to sustain high prosperity levels due to these factors [2].

中天海缆在直流海缆领域的奋进之路，是我国海洋能源装备高水平自立自强的生动缩影。公司先后攻克了±160kV、±200kV、±320kV、±400kV及以上更 高电压等级直流海陆缆关键技术。2021年独家供货亚洲首个±400kV柔直输电海风工程，2022年~2025年，在±500kV等级完成多次型式试验和预鉴定试 验，产品运行温度涵盖70℃~90℃，导体截面涵盖2500mm2~5000mm2，主要技术性能指标达到国际领先水平，为工程应用奠定了坚实技术基础。 近日，全球首个超大规模海陆一体超高压柔性直流输电工程——广东电网阳江三山岛海上风电柔直输电工程首段±500kV直流海缆顺利完工仪式在中天科 技（600522）海缆股份有限公司(简称"中天海缆")举行，标志着我国深远海大容量柔直输电迈出关键一步。 阳江三山岛海上风电工程是全球首个超大规模海陆一体超高压柔性直流输电工程。规划总装机容量2GW，海底电缆线路全长116.5公里。项目位于台风频 繁、海况复杂的南海海域，对海缆的电气性能、机械强度、环境耐受性提出了极限挑战。中天海缆针对±500kV直流海缆大截面阻水导体、绝缘设计、深 海敷设防护等核心技术展开攻关，突破了直 ...

Investment Rating - The report indicates a positive outlook for the power equipment industry, particularly in the renewable energy sector, with significant investments and technological advancements expected to drive growth [1][2][4]. Core Insights - The report highlights that the State Grid's investment during the "14th Five-Year Plan" period is projected to reach 4 trillion yuan, marking a 40% increase compared to the previous plan [2]. - The report emphasizes the stability in polysilicon prices and the continuous rise in battery component prices, with N-type battery prices increasing to 0.40 yuan per watt [15][16]. - The report identifies three key areas of focus: supply-side reform leading to price increases in the industry chain, long-term growth opportunities from new technologies, and industrialization opportunities from perovskite GW-level layouts [16]. Summary by Sections 1. New Energy Generation 1.1 Photovoltaics - Polysilicon prices remain stable, while battery component prices are on the rise, with N-type battery prices reaching an average of 0.40 yuan per watt [15]. - The report notes that leading component companies are responding to industry self-discipline by raising component prices, with distributed sales prices reaching 0.72 yuan per watt [15][16]. - Key companies to watch include Tongwei Co., GCL-Poly, LONGi Green Energy, JA Solar, and Trina Solar [16]. 1.2 Wind Power & Grid - The UK AR7 offshore wind auction results exceeded expectations, with a total scale of approximately 8.4GW, validating the upward trend in European offshore wind [17]. - The State Grid's investment is expected to enhance transmission capacity significantly, addressing bottlenecks in renewable energy delivery [18]. - Companies to focus on include Goldwind, Yunda Wind Power, Mingyang Smart Energy, and Sany Heavy Energy [18]. 1.3 Hydrogen & Energy Storage - By 2025, the production and sales of fuel cell vehicles in China are projected to reach 7,797 units, reflecting a 44% year-on-year increase [20]. - The report anticipates that new energy storage installations will reach 58.6GW/175.3GWh by 2025, with significant growth expected in the energy storage sector [21]. - Key players in the hydrogen sector include Shuangliang Energy, Huadian Heavy Industries, and Shenghui Technology [20]. 2. New Energy Vehicles - Solid-state batteries are gaining traction, with several automakers making progress towards mass production by 2026 [29]. - Companies such as BYD, Changan Automobile, and Chery are expected to achieve significant milestones in solid-state battery technology [29]. - The report suggests monitoring companies like Xiamen Tungsten, Hailiang Co., and Nanjing Advanced Lithium Battery [29]. 3. Industry Trends - The report notes a 0.4% increase in the new energy equipment sector from January 12 to January 16, 2026, with a cumulative increase of 5.3% since the beginning of the year [12]. - The photovoltaic equipment sector saw a 3.52% increase, while the wind power equipment sector experienced a decline of 1.28% during the same period [13].

1月13日，随着最后一道生产工序顺利完成，南网广东电网公司阳江三山岛海上风电柔直输电工程首段 ±500千伏直流海底电缆在中天科技海缆股份有限公司正式完成制造。作为全国首个电网企业统一规划 建设的海上风电海陆一体柔直输电工程，本次制造完成的±500千伏直流海缆总长54.52千米，不仅破解 了大截面型线单丝焊接等多项技术难题，更彰显了中国制造与中国创造的硬核实力。 据悉，阳江三山岛工程海缆线路总长约114.8千米，其中海上段114.2千米，途经最大水深52米海域，用 海面积达682.28公顷，陆上段0.60千米衔接至电缆转架空终端站，是广东电网服务"海上新广东"建设、 打造千万千瓦级海上风电基地的核心工程。据悉，本段海缆将于4月启动海上敷设，计划6月底完成全部 海缆工程施工，7月进入海陆联调阶段，确保工程10月底如期投产。项目建成后，将实现深远海风电高 效送入粤港澳大湾区，同时拉动上下游产业链协同发展，为广东经济发展注入强劲动力。 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：600522证券简称：中天科技公告编号：临2026-004 江苏中天科技股份有限公司关于 使用闲置自有资金进行委托理财的 公告 公司拟进行委托理财的产品属于风险可控的投资品种，但仍然受到金融市场及宏观经济的影响，公司将 根据金融市场的变化适时适量介入，但不排除该项投资受到市场波动的影响。 一、投资情况概述 （一）投资目的 为提高资金使用效率，合理利用自有资金，在不影响正常经营的情况下，江苏中天科技股份有限公司 （以下简称"公司"）拟利用闲置自有资金进行低风险的理财产品投资，提高资金使用效率，增加公司收 益。 （二）投资金额 公司拟使用额度不超过人民币150,000万元闲置自有资金进行低风险的理财产品投资，在该额度内由公 司循环滚动使用。 （三）资金来源 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 基本情况 本事项已经公司第九届董事会第十次会议审议通过，无需提交公司股东会审议。 ● 特别风险提示 资金来源为公司及子公司闲置自有资金。 （四）投资方 ...

证券日报网讯 1月15日，中天科技发布公告称，公司第九届董事会第十次会议审议通过《关于使用募集 资金临时补充流动资金的议案》《关于使用闲置自有资金购买理财产品的议案》。 （文章来源：证券日报） ...

江苏中天科技股份有限公司关于 使用闲置自有资金进行委托理财的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 基本情况 证券代码：600522 证券简称：中天科技 公告编号：临 2026-004 | 投资金额 | 150,000 万元 | | --- | --- | | 投资种类 | 低风险、流动性高的理财产品或金融产品，包括但不限于银行、信 | | | 托、证券公司或其他金融机构发行的产品、债券回购（包括正回购 | | | 和逆回购）等 | | 资金来源 | 自有资金 | 已履行及拟履行的审议程序 本事项已经公司第九届董事会第十次会议审议通过，无需提交公司股东 会审议。 特别风险提示 公司拟进行委托理财的产品属于风险可控的投资品种，但仍然受到金融 市场及宏观经济的影响，公司将根据金融市场的变化适时适量介入，但不排 除该项投资受到市场波动的影响。 一、投资情况概述 （一）投资目的 为提高资金使用效率，合理利用自有资金，在不影响正常经营的情况下，江 苏中天科技股份有限公司（以下简称"公司"）拟利用闲置自有资金 ...

证券代码：600522 证券简称：中天科技 公告编号：临 2026-003 江苏中天科技股份有限公司募集资金 临时补充流动资金的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 临时补流募集资金金额：70,000 万元 补流期限：自 2026 年 1 月 15 日公司第九届董事会第十次会议审议通 过起不超过 12 个月 一、募集资金基本情况 | 发行名称 | 2019 年公开发行可转债 | | --- | --- | | 募集资金总额 | 396,512.00 万元 | | 募集资金净额 | 392,272.34 万元 | | 募集资金到账时间 | 2019 年 3 月 6 日 | | 前次用于暂时补充流动资金 | 截至 2026 年 1 月 9 日，公司已将 120,000 万元 | | 的募集资金归还日期及金额 | 临时补充流动资金的募集资金全部归还至募集 | | | 资金专用账户。 | 二、募集资金投资项目的基本情况 截至 2025 年 11 月 30 日，江苏中天科技股份有限公司（以下简称"公司"） ...