开源证券此前研报指出，随着全球AI蓬勃发展，或持续驱动数据中心内部与DCI互联对光纤光缆的需 求，短期来看，全球厂商扩产能力有限，或将形成供不应求的格局，该行认为光纤光缆需求和价格有望 维持稳步提升。 消息面上，根据光电通信公众号，2025年第四季度长期作为市场主流的G.652.D普通光纤出现显著的价 格上涨与供应紧张，且部分大厂库存已无法满足自身订单，开始转向外采。光纤光缆行业需求结构发生 变革。甬兴证券认为，随着AI算力网络、6G预研、全球数字基建等需求的持续释放，全球光纤光缆市 场有望进入2～3年的高景气周期。维持通信行业"增持"评级，建议关注光纤光缆相关投资机会。 智通财经APP获悉，长飞光纤光缆(06869)涨超16%，截至发稿，涨16.42%，报62.15港元，成交额14.65 亿港元。 ...

Investment Rating - The report maintains an "Overweight" rating for the communication industry, expecting the industry index to outperform the market index by more than 10% in the next six months [2][44]. Core Insights - The communication industry index has shown a cumulative increase of 1.61% over the past two weeks (January 9 to January 22), outperforming the CSI 300 index by 1.91 percentage points, ranking 21st among 31 first-level industries [4][11]. - In January, the communication sector has risen by 2.48%, again surpassing the CSI 300 index by 0.45 percentage points [4][11]. - The report highlights a critical period of annual performance forecasts for listed companies, which serves as a key window to validate the growth potential and market conditions of various sectors [4][39]. Industry Performance Review - The communication sector's six sub-sectors have varied performance over the past two weeks, with the highest increase in the SW Communication Application Value-Added Services (+11.59%) and the lowest in SW Communication Terminals and Accessories (-1.64%) [4][15]. - The report notes that the communication industry is entering a phase of technological iteration and policy benefits, with new growth drivers expected from AI, quantum communication, and low-altitude economy [4][39]. Industry News and Company Announcements - IDC predicts that by 2030, AI agents will become a significant part of the global workforce, with a projected increase from approximately 28.6 million active agents in 2025 to 2.216 billion [16]. - China Mobile has established a special office for computing power strategy, marking a new phase in its systematic approach to computing power deployment [17][19]. - The Ministry of Industry and Information Technology reports that AI has penetrated over 70% of business scenarios in leading smart factories [20]. - Tianfu Communication expects a net profit increase of 40%-60% for 2025, driven by the growth in AI and data center construction [23]. - Changxin Bochuang anticipates a net profit increase of 344%-413% for 2025, fueled by demand in cloud computing and AI [24]. Industry Data Updates - As of November 2025, the mobile phone user base reached approximately 1.828 billion, a year-on-year increase of 2.20% [27]. - The internet broadband access user base was about 697 million, reflecting a year-on-year increase of 4.28% [29]. - The length of optical cable lines reached approximately 74.44 million kilometers, with a year-on-year growth of 3.63% [30]. - By November 2025, the total number of 5G base stations reached 4.83 million, with a net increase of 579,000 from the previous year [36]. Investment Recommendations - The report suggests focusing on companies that align with the themes of "technology commercialization, policy catalysis, and earnings certainty," highlighting potential opportunities in the sector [4][39]. - Recommended stocks include China Mobile (600941.SH), China Telecom (601728.SH), ZTE Corporation (000063.SZ), Changfei Optical Fiber (601869.SH), and Weisheng Information (688100.SH) [40][42].

本文引自：央视网（焦点访谈）、国家智能制造专家委员会等。 智能制造是制造业高质量发展的核心引擎。2025年底，工业和信息化部等六部门联合公布了首批15家领航级智能工厂名单，名单涵盖装备制造、原材料、 电子信息等多个关键行业。这些领航者不仅代表着当前中国制造智能化的最高水平，更标志着我国智能制造从数字化、网络化迈向了智能化的关键跃升 期。 | 序号 | 企业名称 | 项目名称 | 所在地 | | --- | --- | --- | --- | | 1 | 宝山钢铁股份有限公司 | 高端绿色硅钢预测式制造智能工厂 | 上海 | | 2 | 上海航天设备制造总厂 | 高可靠规模化宇航产品全流程链动 | 上海 | | | 有限公司 | 智能工厂 | | | 3 | 徐州重型机械有限公司 | 全球定制敏捷交付的移动式起重机 | 江苏 | | | | 智能工厂 | | | ব | 南京钢铁股份有限公司 | 产业链深度协同的特殊钢个性化 | 江苏 | | | | 定制智能工厂 | | | રે | 中石化宁波镇海炼化 | 基于全局优化的自主执行绿色石化 | 浙江 | | | 有限公司 | 智能工厂 | | | 6 | 杭州 ...

Core Viewpoint - The terahertz concept sector has shown a positive performance with a 3.01% increase, ranking fifth among concept sectors, driven by significant gains in stocks like Tianyin Electromechanical, Leike Defense, and Aerospace Electronics [1][2]. Group 1: Sector Performance - The terahertz concept sector recorded a 3.01% increase, with 19 stocks rising, including Tianyin Electromechanical (up 12.92%), Leike Defense (up 9.13%), and Aerospace Electronics (up 6.20%) [1][2]. - The sector experienced a net inflow of 356 million yuan, with 13 stocks receiving net inflows, and 7 stocks attracting over 50 million yuan each [2]. Group 2: Key Stocks - Tianyin Electromechanical led the net inflow with 252 million yuan, followed by Saiwei Electronics (207 million yuan), Taihao Technology (117 million yuan), and Leike Defense (91.61 million yuan) [2][3]. - The top stocks by net inflow ratio included Taihao Technology (14.76%), Hitec High-New (7.84%), and Phoenix Optical (7.80%) [3][4]. Group 3: Stock Performance - The top performers in the terahertz concept included Tianyin Electromechanical (up 12.92%, turnover rate 22.28%), Saiwei Electronics (up 2.74%, turnover rate 11.46%), and Taihao Technology (up 5.60%, turnover rate 9.12%) [3][4]. - Conversely, stocks like Changfei Fiber and Hengtong Optic-Electric saw declines of 3.54% and 3.50%, respectively [1][4].

人民财讯1月21日电，企查查APP显示，近日，长飞激光（武汉）智能装备有限责任公司成立，法定代 表人为郑昕，经营范围包含：电子元器件与机电组件设备制造；电子元器件制造；电力电子元器件制 造；机械设备销售等。企查查股权穿透显示，该公司由长飞光纤（601869）全资持股。 ...

Group 1 - Southbound funds net bought Hong Kong stocks worth HKD 3.663 billion today [1] - The top net purchases included Tencent Holdings at HKD 663 million, Meituan-W at HKD 573 million, and Xiaomi Group-W at HKD 395 million [1] - Continuous net buying trends were observed for Tencent over 10 days totaling HKD 10.62116 billion and Alibaba over 7 days totaling HKD 4.75655 billion [1] Group 2 - Southbound funds net sold shares of SMIC at HKD 717 million and China Mobile at HKD 637 million [1] - China Mobile has seen continuous net selling for 12 days, amounting to HKD 9.29936 billion [1] - Hua Hong Semiconductor and Xiaomi also experienced net buying trends over multiple days, with Hua Hong totaling HKD 1.33901 billion over 4 days and Xiaomi HKD 1.42914 billion over 3 days [1]

Market Overview - The communication equipment sector experienced a decline of 3.62% on January 20, with Tongyu Communication leading the drop [1] - The Shanghai Composite Index closed at 4113.65, down 0.01%, while the Shenzhen Component Index closed at 14155.63, down 0.97% [1] Stock Performance - Notable gainers included: - Dingxin Communication (603421) with a closing price of 7.92, up 10.00% on a trading volume of 367,100 shares and a turnover of 287 million [1] - Weisheng Information (688100) closed at 46.16, up 7.15% with a trading volume of 128,400 shares and a turnover of 598 million [1] - Major decliners included: - Tongyu Communication (002792) closed at 46.14, down 10.01% with a trading volume of 656,100 shares and a turnover of 3.158 billion [2] - Datang Telecom (600198) closed at 10.64, down 9.98% with a trading volume of 898,800 shares and a turnover of 971 million [2] Capital Flow - The communication equipment sector saw a net outflow of 12.802 billion from institutional investors, while retail investors experienced a net inflow of 8.096 billion [2] - The sector's overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors increased their positions [2] Individual Stock Capital Flow - Hengtong Optic (600487) had a net inflow of 338 million from institutional investors, while retail investors saw a net outflow of 304 million [3] - Longfly Fiber (601869) experienced a net inflow of 132 million from institutional investors, but a net outflow of 161 million from retail investors [3] - Dingxin Communication (603421) had a significant net inflow of 106 million from institutional investors, while retail investors faced a net outflow of 568 million [3]

Group 1 - The terahertz concept sector experienced a decline of 3.15%, ranking among the top declines in concept sectors, with major declines seen in companies like Shenglu Communication, Tianyin Machinery, and Leike Defense [1] - Among the terahertz concept stocks, only four saw price increases, with Hengtong Optic-Electric rising by 2.58%, Changfei Fiber by 0.48%, and Phoenix Optical by 0.28% [1] - The terahertz concept sector faced a net outflow of 3.063 billion yuan, with 15 stocks experiencing net outflows, and 10 stocks seeing outflows exceeding 100 million yuan [2] Group 2 - The leading stock in terms of net outflow was ZTE Corporation, with a net outflow of 781 million yuan, followed by Haige Communication, Tianyin Machinery, and Saiwei Electronics with net outflows of 560 million yuan, 445 million yuan, and 407 million yuan respectively [2] - The stocks with the highest net inflows included Hengtong Optic-Electric, Changfei Fiber, and Taihao Technology, with net inflows of 253 million yuan, 71.9 million yuan, and 7.57 million yuan respectively [2] - The terahertz concept stocks with significant declines included ZTE Corporation (-2.43%), Haige Communication (-6.70%), Tianyin Machinery (-7.74%), and Leike Defense (-7.67%) [3]

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 长飞光纤光缆（06869）盘中涨超5%，截至发稿，股价上涨3%，现报56.70港元，成交额11.39亿港元。 根据光电通信公众号数据显示，G.652.D光纤市场平均价连续两个季度上涨，价格回暖态势明显。甬兴 证券发布研报称，2025年第四季度长期作为市场主流的G.652.D普通光纤出现显著的价格上涨与供应紧 张，且部分大厂库存已无法满足自身订单，开始转向外采。光纤光缆行业需求结构发生变革。 值得注意的是，长芯博创发布2025年度业绩预告，预计归属于上市公司股东的净利润为3.20亿元-3.70亿 元，同比增长344.01%-413.39%。华泰证券此前表示，长飞光纤通过子公司长芯博创布局的MPO、 AOC、高速铜缆等光互联组件业务已成为强劲增长点，受益于北美AI数据中心建设，公司海外业务持 续拓展。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 长飞光纤光缆（06869）盘中涨超5%，截至发稿，股价上涨3%，现报56.70港元，成交额11.39亿港元。 根据光电通信公众号数据显示，G.652.D光纤市场平均价 ...

值得注意的是，长芯博创发布2025年度业绩预告，预计归属于上市公司股东的净利润为3.20亿元-3.70亿 元，同比增长344.01%-413.39%。华泰证券此前表示，长飞光纤通过子公司长芯博创布局的MPO、 AOC、高速铜缆等光互联组件业务已成为强劲增长点，受益于北美AI数据中心建设，公司海外业务持 续拓展。 智通财经APP获悉，长飞光纤光缆(06869)再涨超5%，截至发稿，涨4.72%，报57.65港元，成交额10.7亿 港元。 消息面上，根据光电通信公众号数据显示，G.652.D光纤市场平均价连续两个季度上涨，价格回暖态势 明显。甬兴证券发布研报称，2025年第四季度长期作为市场主流的G.652.D普通光纤出现显著的价格上 涨与供应紧张，且部分大厂库存已无法满足自身订单，开始转向外采。光纤光缆行业需求结构发生变 革。 ...