Market Performance - The main board saw significant gains with notable stocks such as Copper Peak Electronics (+10.04%), Xilong Science (+10.00%), and Dongfang Communication (+9.98%) leading the charge [1] - The ChiNext board experienced a surge, highlighted by Guoci Materials (+20.02%) and LianTe Technology (+15.87%) [1] - The Sci-Tech Innovation board also performed well, with Jingfeng Mingyuan (+20.00%) and Yandong Micro (+16.84%) among the top gainers [1] - Active sub-industries included SW Electronic Chemicals III (+4.36%) and SW Semiconductor Equipment (+3.55%) [1] Domestic News - Taiwan's Industrial Technology Research Institute announced the development of the region's first full-color high-resolution Micro LED AI smart glasses, featuring a 0.49-inch display with 1920x1080 FULL HD resolution and over 3000 nits brightness [1] - Shanghai Jiao Tong University and Guoxing Aerospace signed an agreement to establish China's first space computing joint laboratory, focusing on autonomous space computing chip development and related technologies [1] - Goer Group and Haier Group signed a strategic cooperation agreement to collaborate on smart home, health, and digital economy sectors, leveraging Goer's expertise in precision components and smart manufacturing [1] - According to BCI's report, Huawei's smartphone market share is projected to reach 27.81% by the 48th week of 2025, significantly ahead of Apple's 17.12% [1] Company Announcements - Electric Science and Technology Network announced a significant decrease in expected daily related transactions for 2026, with actual transactions for 2025 being 283.25 million yuan compared to an expected 1.17385 billion yuan [3] - Chip Origin announced progress in acquiring Zhudian Semiconductor, with a capital increase of 350 million yuan for the acquisition [3] - Yunding Technology projected daily related transactions for 2026 to be approximately 1.355 billion yuan, with actual transactions expected to be around 1.484 billion yuan [3] - Aisino Security reported receiving a government subsidy of 1 million yuan, classified as a revenue-related government grant [3] International News - Dell plans to increase prices for its commercial product line by approximately 10%-30% starting December 17, depending on computer configuration [1] - STMicroelectronics secured a new credit line of 1 billion euros from the European Investment Bank, with 60% allocated for enhancing manufacturing capabilities [1] - SK Hynix ordered seven sets of thermal compression bonding machines from ASMPT for HBM4 production, a critical technology for ensuring product yield and performance [1] - Kioxia plans to start producing next-generation NAND flash memory chips in Iwate Prefecture in 2026, increasing storage capacity by 59% and data transfer speed by 33% [1]

Investment Rating - The report maintains a "Buy" rating for key companies in the optical communication sector, including Zhongji Xuchuang, Xinyi Sheng, and Tianfu Communication [5][10]. Core Insights - The optical isolator is a critical passive device in optical communication systems, relying on the combination of polarizers and Faraday plates. There is a significant technological dependency and supply gap in the upstream manufacturing of these core components, particularly in high-end Faraday magnetic optical materials, which has become a bottleneck for industry development [1][19]. - The report highlights the low domestic production rate of core materials for polarizers, which are monopolized by Japanese and Korean suppliers, indicating a need for increased localization [3][21]. - The global shortage of Faraday plates is a critical issue, as their complex material growth and precision processing are dominated by a few companies in the US and Japan, leading to supply constraints that hinder the expansion of isolators and high-speed optical modules [4][22][23]. Summary by Sections Investment Strategy - The report suggests focusing on the upstream gaps in isolators, particularly polarizers and Faraday plates, and recommends companies like Zhongji Xuchuang, Xinyi Sheng, and Tianfu Communication for investment [8][24]. Market Review - The communication sector has seen an increase, with optical communication performing particularly well, as indicated by various indices showing significant growth [15][18]. Supply Chain Dynamics - In 2024, China's production capacity for polarizers is expected to account for approximately 73% of the global market, yet the localization rate of core materials remains below 10%, posing challenges to supply chain stability [6][7][24]. Key Companies to Watch - The report identifies several key companies to monitor within the optical communication and related sectors, including Zhongji Xuchuang, Xinyi Sheng, Tianfu Communication, and others involved in the supply chain [8][9][24].

受积极影响的板块 今日A股商业航天板块再度掀起狂热涨停潮，成为高端制造与前沿科技赛道的绝对焦点，呈现"龙头秒 板、梯队爆发"的极致活跃格局。板块核心标的东方通信表现尤为震撼，强势点燃板块情绪引擎；航天 长峰、顺灏股份、再升科技、四创电子等细分领域标的紧随其后纷纷涨停，形成多点开花的上涨态势， 进一步放大板块赚钱效应。从交易层面看，板块整体成交额较前一交易日翻倍增长，Wind数据显示， 截至收盘商业航天主题基金单日净值平均上涨4.2%，北向资金对板块核心标的净买入合计达9.8亿元， 资金进场迹象极为明确，反映出市场对商业航天产业政策红利与成长潜力的高度认可。 国家设立商业航天司，顶层制度迎来里程碑突破：据新华社2025年12月1日报道，国家航天局已正式设 立商业航天司并开展相关业务，这是我国商业航天领域首个国家级专职监管机构。浙商证券指出，该举 措标志着行业从"政策培育期"迈入"规范发展期"，将显著优化发射审批、牌照发放等流程，降低企业制 度性交易成本，为产业规模化发展提供确定性支撑。 全球产业规模破6000亿，中国增速领跑全球：雪球2025年12月7日发布的《2025全球航天产业价值白皮 书》显示，2025年 ...

商业航天板块，持续活跃！ | D | 分时 1分钟 5分钟 15分钟 更多 } | 竟价 叠加 | 重播 统计 | 画幾 | F10 | 标记 +自选 返回 | | | 东方通信 600776 LRI000 | | 通信设备 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 16.09 | 东方通信 分时 成交量 | | | | 涨跌停分析 | ® □ | 9.98% | 16.09 1.46 9.98% | | | 0.99% | | 15.88 | | | | | | | 8.55% | | | | | | | | | | | | | | बर | 英 首 | | 都 | | 15.67 | | | | | | | 7.13% | | | | | | | | | | | | | | 卖五 | 2 | | | | 15.46 | | | | | | | 5.70% | 卖四 | | | | | | | | | | | | 4.28% | | | | | | 15.26 15.05 | | | | | | ...

其中，再升科技已连续5个交易日涨停。该公司昨晚发布股价异动公告称，关注到有市场信息讨论公司 向SpaceX供货相关事项。目前公司主要业务为以微纤维玻璃棉为核心材料，开发"干净空气材料"、"高 效节能材料"和"无尘空调产品"，应用于"工业空间、移动空间、生活空间"三大空间。经公司自查核 实，公司高效节能材料中用于航空航天领域的产品2024年度收入占公司营收比例约为0.5%；其中，公 司自2020年起向国际某知名航天公司直接供应"高硅氧纤维产品"，2024年该项产品业务收入占公司总营 收比例极低，对公司业绩无重大影响，目前"高硅氧纤维产品"暂无在手订单，后续订单获取存在较大不 确定性。 商业航天板块，持续活跃！ 12月12日盘中，商业航天概念股再度掀起涨停潮。其中，东方通信开盘后被资金直线拉升至涨停板，用 时仅1分钟。紧随其后，航天长峰、顺灏股份、再升科技、四创电子等纷纷涨停。 | | ■ 分时 1分钟 5分钟 15分钟 更多 > | 筑价 登加 重强 统计 圆线 F10 | | 标记 +自选 透回 | | 东方通信 600776 L R1000 | 通信设备 | | --- | --- | --- | --- ...

另外，国家航天局已于近期设立商业航天司，相关业务正在逐步开展，标志着我国商业航天产业迎来专 职监管机构，未来将持续推动我国商业航天高质量发展，产业链有望全线受益。 本报记者 梁傲男 12月12日，商业航天板块走强，10余只个股集体涨停、多股连板，市场热度持续升温。 截至上午收盘，再升科技（603601）、华菱线缆（001208）、长城电工（600192）、航天长峰 （600855）、四创电子（600990）、顺灏股份（002565）、雪人集团（002639）、泰永长征 （002927）、东方通信（600776）、泰尔股份（002347）、中超控股（002471）11只概念股涨停。其 中，再升科技达成5连板，华菱线缆、雪人集团、中超控股达成2连板。 此外，天力复合（920576）涨超20%，超捷股份（301005）、国瓷材料（300285）、创远信科 （920961）、苏轴股份（920418）股价上涨超10%。 | | 代码 | 名称 | 涨幅％ v | 现价 | 主力净量 | 主力净流入 | 涨跌 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 ...

12月12日，A股三大股指早盘小幅下跌后震荡走高，截止午盘，沪指跌0.04%报3871.78点，深成指涨 0.57%报13222.51点，创业板指涨0.6%报3182.68点，科创50指数涨0.72%报1335.41点；沪深两市半日成 交额1.24万亿，全市场超3200只个股上涨。 板块方面，电网设备、贵金属、商业航天等板块涨幅居前，零售、海南、港口航运等板块跌幅居前。盘 面热点快速轮动，商业航天概念延续强势，再升科技等十余股涨停；算力硬件概念表现活跃，联特科技 20cm涨停；电网设备概念快速拉升，中国西电、中能电气等多股涨停。零售概念集体下挫，中央商场 跌停。 热门板块 贵金属反复走强 贵金属反复走强，晓程科技领涨，中金黄金、西部黄金、山金国际等跟涨。 消息面上，美联储12月10日如期降息25个基点，并启动新一轮短期国债购买计划，强化市场流动性宽松 预期，提振贵金属避险需求。此外，白银期货库存持续偏低，工业应用需求受光伏、AI及新能源产业 扩张驱动，加剧供需紧张格局，现货紧张加剧推升银价创历史新高。 商业航天概念活跃 商业航天概念反复走强，华菱线缆、中超控股2连板，东方通信、长城电工涨停，超捷股份、创远信 ...

（文章来源：每日经济新闻） 每经AI快讯，12月11日，5G概念股局部异动，东方通信直线触板，梦网科技、信科移动、硕贝德等纷 纷冲高。 ...

5G概念股局部异动，东方通信直线触板，梦网科技、信科移动、硕贝德等纷纷冲高。 ...

Core Viewpoint - Oriental Communication has experienced a continuous increase in stock price, with a total rise of 11.2% over the past six days, indicating strong market interest and potential investor confidence [1][2]. Group 1: Company Overview - Oriental Communication Co., Ltd. is located at 66 Dongxin Avenue, Binjiang District, Hangzhou, Zhejiang Province, and was established on August 1, 1996, with its listing date on November 26, 1996 [1]. - The company's main business activities include communication, financial electronics, and network services, with revenue composition as follows: smart manufacturing 67.51%, information communication 47.39%, financial technology 5.45%, and others 4.67% [1]. Group 2: Stock Performance - As of the report, Oriental Communication's stock price is 13.80 CNY per share, with a trading volume of 4.17 billion CNY and a turnover rate of 3.17%, leading to a total market capitalization of 173.33 billion CNY [1]. - The stock has seen a consistent upward trend, with a 0.51% increase on December 1, contributing to a total of six consecutive days of price increases [1]. Group 3: Shareholder Information - Among the top ten circulating shareholders, a fund under Guotai Fund, the Guotai CSI All-Index Communication Equipment ETF (515880), has entered the top ten in the third quarter, holding 2.8876 million shares, which is 0.23% of the circulating shares [2]. - The Guotai CSI All-Index Communication Equipment ETF has achieved a year-to-date return of 95.97%, ranking 1 out of 4207 in its category, and a one-year return of 104.35%, also ranking 1 out of 4009 [2].