每经AI快讯，工业富联1月4日晚间发布公告称，截至2025年12月31日，公司通过上海证券交易所交易 系统以集中竞价交易方式累计回购公司股份约932万股，占公司目前总股本0.05%，回购最高价格人民 币63.4元/股，回购最低价格人民币18.4元/股，使用资金总额人民币约2.47亿元。 （记者 曾健辉） 每经头条（nbdtoutiao）——AI泡沫破灭？美股下跌20%？量子计算颠覆加密货币？金价涨破1万美元？ 2026年华尔街和科技圈十大预测来了 ...

证券代码：601138 证券简称：工业富联 公告编号：2026-001 富士康工业互联网股份有限公司 关于股份回购进展公告 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： | 回购方案首次披露日 | 2025/4/15，由董事会提议 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年 2025 30 4 | 4 | 月 | 日~2026 | 年 | 月 | 日 29 | | 预计回购金额 | 50,000万元~100,000万元 | | | | | | | | 回购用途 | √减少注册资本 □用于员工持股计划或股权激励 | | | | | | | | | □用于转换公司可转债 | | | | | | | | | □为维护公司价值及股东权益 | | | | | | | | 累计已回购股数 | 931.99万股 | | | | | | | | 累计已回购股数占总股本比例 | 0.05% | | | | | | ...

Core Insights - The article highlights the emergence of six leading technology stocks in the A-share market, referred to as "易中天" and "纪连海," which symbolize the strong performance of the AI, computing power, optical communication, and chip sectors in 2025 [1][3] Group 1: Market Trends - In 2025, global AI technology entered a phase of large-scale application, with China experiencing accelerated penetration of "AI+" driven by policy support and industrial upgrades [3] - The stocks represented by "易中天" (New Yisong, Zhongji Xuchuang, Tianfu Communication) focus on optical modules and communication devices, while "纪连海" (Hanwujing, Industrial Fulian, Haiguang Information) centers on AI chips and computing hardware [3] - The strong performance of these stocks reflects a clear investment logic, with "易中天" benefiting from the urgent demand for high-speed optical modules due to global computing power construction [3][4] Group 2: Performance and Valuation - Many companies experienced a "Davis Double Play" moment in 2025, with Q3 performance significantly exceeding expectations, validating the authenticity and sustainability of AI demand [4] - Market funds showed strong consistency, with public funds and northbound capital driving the trading volume of these sectors to remain at the forefront of the market [5] Group 3: Future Outlook - In 2026, the AI industry is expected to transition from infrastructure construction to application landing and ecological competition, leading to structural differentiation within the AI sector [6] - The demand for 800G optical modules is projected to continue growing rapidly, with significant advancements in 1.6T technology and the initiation of 3.2T module development [6] - As computing costs decrease, AI applications in vertical industries such as finance, healthcare, education, and manufacturing are anticipated to accelerate, potentially leading to the emergence of new "application-oriented leaders" in the A-share market [6][7]

（原标题：2025年度牛股出炉！沪指年度收盘创近18年新高） 12月31日，2025年A股正式收官。上证指数收于3968.84点，日K线实现11连阳。 从年度收盘点位来看，上证指数年度收盘创历史次高，仅次于2007年，且创出近18年来新高。 截至收盘，A股总市值(仅包括A股部分)超过108万亿元，按年末计算，创下历年新高。 7只股票A股市值超过1万亿元，分别为农业银行、工商银行、贵州茅台、中国石油、宁德时代、中国银 行、工业富联。农业银行今年首次超越工商银行，拿下A股市值冠军宝座，目前A股市值达到2.45万亿 元。 据数据宝统计，今年以来共有540股累计涨幅翻倍(不含上市首日)。上纬新材(688585)今年以来累计涨幅 1820.29%，成为2025年涨幅榜冠军，该股因智元机器人入主受到市场热炒。 涨幅靠前的还有*ST宇顺、*ST亚振、胜宏科技、飞沃科技、菲林格尔等。 其次是天普股份，今年以来累计涨幅1645.35%，成为2025年涨幅榜亚军。 上证指数年K线 证券时报·数据宝统计，A股主要指数中，上证指数、深证成指、沪深300指数年度涨幅分别为18.41%、 29.87%、17.66%，创业板指、科创50指 ...

【大河财立方 记者 李文玉】2025年A股刚刚落下帷幕。 纵观全年，在政策支持、流动性充裕与产业趋势向好的共同驱动下，A股市场稳步上行，演绎出长牛、 慢牛与结构牛并存的鲜明特征。 这一年，万亿市值上市公司新增3家，千亿市值公司显著扩容，A股总市值在今年也首次突破100万亿 元，资本市场迈入量质齐升的新阶段。 在总市值突破进程中，科技企业无疑是核心驱动力之一，以AI、半导体为代表的科技行情贯穿全年， 成为这轮慢牛行情的最强主线。 万亿市值公司扩容， 科技股纷纷入列 过去一年，A股头部公司格局整体稳固，强者恒强，金融、能源等传统行业巨头地位依然坚实，但内部 结构已显现新的变化，科技力量正加速向万亿阵营攀升。 2024年末，A股市值排名中仅有10家万亿级上市公司、3家两万亿级上市公司，其中除中国移动、宁德 时代外，几乎被金融、能源等传统行业巨头所垄断，工商银行、建设银行、农业银行更是包揽前五名中 的三个席位。 | | | 2024年不怕放 【日天10/J 上 公 | | | --- | --- | --- | --- | | | | (截至2024年12月31日) | | | 序号 | 证券代码 | 证券简称 | ...

Core Insights - In 2025, the market capitalization increment of A-share listed companies in Guangdong Province reached 42.7 billion, representing a growth of 27.95% compared to the beginning of the year [1] Group 1: Market Capitalization Growth - The top five companies contributing to market capitalization growth all exceeded 100 billion, with Industrial Fulian leading at an increment of 805 billion, marking a growth rate of 188.46% and contributing 18.85% to the total market capitalization increase in the province [1] - The remaining four companies in the top five, namely China Ping An, Shenghong Technology, Luxshare Precision, and Shunyi Technology, each had market capitalization increments below 300 billion, with their contributions to the overall growth rate not exceeding 7% [1] Group 2: Market Capitalization Decline - The companies experiencing the most significant market capitalization decline in Guangdong Province included Mindray Medical, Haitian Flavoring, Huali Group, Poly Development, and Transsion Holdings [1] - Mindray Medical's market capitalization decreased by 78.3 billion, which is significantly higher than the other four companies, each of which saw declines not exceeding 40 billion [1]

Group 1 - The liquid cooling server concept index declined by 0.98%, ranking among the top declines in the concept sector, with major declines seen in companies like Unification Holdings, Chuanrun Shares, and Yidong Electronics [1] - Among the liquid cooling server concept stocks, 47 stocks saw price increases, with notable gains from Fenghuo Communication (up 10.01%), Lio Shares (up 9.94%), and Sanhua Intelligent Control (up 5.35%) [1] - The liquid cooling server concept experienced a net outflow of 6.502 billion yuan in main funds, with 114 stocks seeing net outflows, and 21 stocks with outflows exceeding 100 million yuan [2] Group 2 - The top net outflow stock was Industrial Fulian, with a net outflow of 1.880 billion yuan, followed by Yingweike, Sanhua Intelligent Control, and Luxshare Precision with net outflows of 1.088 billion yuan, 1.053 billion yuan, and 908 million yuan respectively [2] - The top net inflow stocks included Lio Shares, Fenghuo Communication, and ZTE Corporation, with net inflows of 2.599 billion yuan, 833 million yuan, and 405 million yuan respectively [2] - The liquid cooling server concept saw significant declines in individual stocks, with Unification Holdings down 9.99%, Chuanrun Shares down 9.92%, and Flying Dragon Shares down 7.36% [3]

Market Overview - The two markets experienced a net outflow of 9.871 billion yuan, with 1,748 stocks seeing net inflows and 2,886 stocks experiencing net outflows [1] - The Shanghai Composite Index closed up 0.09% [1] Industry Analysis - Among the 10 industries with net inflows, the defense and military industry led with a net inflow of 7.975 billion yuan, and its index rose by 2.13% [1] - The media industry followed with a net inflow of 4.777 billion yuan and a rise of 1.54% [1] - Other industries with significant net inflows included computer and light manufacturing [1] - In contrast, 21 industries saw net outflows, with the electronics sector experiencing the largest outflow of 7.004 billion yuan, followed by the power equipment sector with 4.704 billion yuan [1] Stock Performance - A total of 46 stocks had net inflows exceeding 200 million yuan, with BlueFocus Media leading at 3.352 billion yuan [2] - Other notable stocks with significant net inflows included LEO Technology at 3.005 billion yuan and China Satellite at 2.437 billion yuan [2] - Stocks with the highest net outflows included Industrial Fulian at 1.659 billion yuan, followed by Tianfu Communication at 1.417 billion yuan [2][4] - Stocks with net inflows over 200 million yuan saw an average increase of 13.16%, outperforming the Shanghai Composite Index [2] Top Stocks by Net Inflow - BlueFocus Media: 3.352 billion yuan, 20% increase [2] - LEO Technology: 3.005 billion yuan, 9.94% increase [2] - China Satellite: 2.437 billion yuan, 10% increase [2] - Aerospace Electronics: 2.423 billion yuan, 10.01% increase [2] - Aerospace Development: 1.152 billion yuan, 10% increase [2] Top Stocks by Net Outflow - Industrial Fulian: -1.659 billion yuan, -3.39% decrease [4] - Tianfu Communication: -1.417 billion yuan, -4.44% decrease [4] - Shanzik Technology: -1.168 billion yuan, 3.23% increase [4] - Sanhua Intelligent Control: -1.166 billion yuan, 5.35% increase [4] - Xinyi Technology: -1.144 billion yuan, -3.39% decrease [4]

Market Overview - The Shanghai Composite Index rose by 0.09% on December 31, with 15 industries experiencing gains, led by defense and military industry at 2.13% and media at 1.54% [1] - The communication and agriculture, forestry, animal husbandry, and fishery sectors saw the largest declines, down 1.35% and 1.10% respectively [1] Capital Flow - The main capital outflow from the two markets totaled 32.27 billion yuan, with 9 industries seeing net inflows [1] - The defense and military industry had the highest net inflow of 6.06 billion yuan, followed by the media industry with 4.45 billion yuan [1] Electronic Industry Performance - The electronic industry fell by 1.02%, with a net capital outflow of 11.199 billion yuan [2] - Out of 476 stocks in the electronic sector, 187 rose while 278 declined, with 2 hitting the daily limit up and 1 hitting the limit down [2] Top Gainers in Electronic Industry - The top three stocks with significant net inflows included: - XW Communication (信维通信) with a net inflow of 0.881 billion yuan and a rise of 16.98% [2] - Qian Zhao Optoelectronics (乾照光电) with a net inflow of 0.570 billion yuan and a rise of 15.75% [2] - C Qiang Yi (C强一) with a net inflow of 0.489 billion yuan and a rise of 13.62% [2] Top Losers in Electronic Industry - The electronic industry saw significant outflows from: - Industrial Fulian (工业富联) with a net outflow of 1.879 billion yuan and a decline of 3.39% [3] - Saiwei Electronics (赛微电子) with a net outflow of 1.214 billion yuan and a decline of 9.96% [3] - Shenghong Technology (胜宏科技) with a net outflow of 1.011 billion yuan and a decline of 3.01% [3]

Group 1 - The core point of the article highlights the top-performing stocks in the A-share market for 2025, with Zhongji Xuchuang leading the list with a transaction volume of 2.51 trillion yuan [1] - Other notable companies with transaction volumes exceeding 2 trillion yuan include Dongfang Caifu and Xinyisheng, ranking second and third respectively [1] - The top ten rankings also feature companies such as Hanwha, Ningde Times, Shenghong Technology, Industrial Fulian, Sunshine Power, ZTE, and Luxshare Precision, all with transaction volumes surpassing 1.41 trillion yuan [1]