证券代码：603236 证券简称：移远通信 公告编号：2026-005 上海移远通信技术股份有限公司 关于增加募集资金专项账户并签订监管协议 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。 一、募集资金基本情况 经中国证券监督管理委员会《关于同意上海移远通信技术股份有限公司向特 定对象发行股票注册的批复》（证监许可〔2025〕2184 号）同意，上海移远通信 技术股份有限公司（以下简称"公司"）向特定对象发行人民币普通股（A 股） 26,165,765 股，发行价格 85.21 元/股，募集资金总额为 2,229,584,835.65 元， 扣 除 不 含 税 发 行 费 用 人 民 币 9,658,729.74 元 ， 募 集 资 金 净 额 为 人 民 币 2,219,926,105.91 元。本次发行的保荐机构国联民生证券承销保荐有限公司已 将 扣 除 不 含 税 承 销 费 人 民 币 7,357,629.96 元 后 的 募 集 资 金 余 额 人 民 币 2,222,227,205.69元于2025年12月 ...

Investment Rating - The industry investment rating is "Positive" and maintained [12] Core Insights - The communication sector rose by 1.96% in the 11th week of 2026, ranking first among major industries, and has increased by 6.8% since the beginning of the year, ranking seventh [2][5] - GTC 2026 sees NVIDIA's introduction of the "Five Cabinet" inference solution, leading to significant growth in Scale-out optical interconnects [6] - OFC 2026 anticipates exponential growth in the AI-driven optical communication industry, with leading companies accelerating capacity expansion and multiple technology paths such as CPO, NPO, OCS, and XPO being implemented [7][10] - Domestic cloud providers are adjusting AI service pricing due to surging AI demand and rising supply chain costs [9] Summary by Sections Market Performance - In the 11th week of 2026, the communication sector's performance was highlighted, with significant individual stock movements, including a 26.8% increase for Yuanjie Technology and a 15.5% decrease for Fenghuo Communication [5] GTC 2026 Developments - NVIDIA forecasts that orders for the Blackwell and Rubin platforms will reach $1 trillion by 2027, doubling the previous estimate of $500 billion for 2026 [6] - The hardware aspect includes the release of Groq 3 LPU chips and Groq 3 LPX inference cabinets, achieving a total cabinet computing power of 315 PFLOPS [6] OFC 2026 Projections - The optical communication industry is expected to grow exponentially, with AI optical communication's total addressable market (TAM) projected to increase from $18 billion to over $90 billion from 2025 to 2030, reflecting a CAGR of approximately 40% [7] - InP chip demand is expected to grow at a CAGR of 85% from 2026 to 2030, with significant capacity expansions planned by major players [7] Technology Advancements - The industry is on the brink of entering the single-channel 400G era, with companies like Zhongji Xuchuang and Xinyi Sheng launching new optical modules and products [8] Pricing Adjustments by Cloud Providers - Major cloud providers in China, including Tencent Cloud and Alibaba Cloud, have significantly raised prices for AI services, with increases ranging from 5% to 34% [9]

重要内容提示： 一、闲置募集资金现金管理基本情况 上海移远通信技术股份有限公司（以下简称"公司"）于 2025 年 12 月 22 日召开第四届董事会第九次会议审议通过《关于使用闲置募集资金进行现金管理 的议案》，同意公司拟使用总额度不超过（含）人民币 10 亿元的闲置募集资金 适时进行现金管理，使用期限自第四届董事会第九次会议审议通过之日起 12 个 月。 证券代码：603236 证券简称：移远通信 公告编号：2026-004 上海移远通信技术股份有限公司 关于使用闲置募集资金进行现金管理赎回的公告 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。 投资种类：普通大额存单、结构性存款 赎回金额：人民币 7.5 亿元 二、本次闲置募集资金现金管理赎回情况 2026 年 1 月 8 日，公司控股子公司常州移远通信技术有限公司（以下简称 "常州移远"）使用闲置募集资金在中国建设银行上海吴中路支行购买了金额为 60,000 万元的大额存单。2026 年 1 月 20 日，常州移远使用闲置募集资金在上海 浦东发展银行股份有限公司闵行支行 ...

国联民生证券承销保荐有限公司 关于上海移远通信技术股份有限公司 部分募投项目增加实施主体和实施地点 并开立募集资金专户的核查意见 经中国证券监督管理委员会《关于同意上海移远通信技术股份有限公司向特 定对象发行股票注册的批复》（证监许可〔2025〕2184号）同意，上海移远通信 技术股份有限公司（以下简称"公司"）向特定对象发行人民币普通股（A股） 26,165,765股，发行价格85.21元/股，募集资金总额为2,229,584,835.65元，扣 除不含税保荐承销费用人民币7,857,629.96元，减除其他与发行权益性证券直接 相关的不含税发行费用人民币1,801,099.78元，募集资金净额为人民币 2,219,926,105.91元。保荐机构国联民生证券承销保荐有限公司已将扣除不含税 承销费人民币7,357,629.96元后的募集资金余额人民币2,222,227,205.69元于 2025年12月12日汇入公司开立的募集资金专用账户中，立信会计师事务所（特殊 普通合伙）对本次发行的资金到位情况进行了审验，并出具了信会师报字[2025] 第ZF11315号《验资报告》。公司已对募集资金实行了专户存储制度 ...

证券代码：603236 证券简称：移远通信 公告编号：2026-003 上海移远通信技术股份有限公司 关于部分募投项目增加实施主体和实施地点 并开立募集资金专户的公告 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： 2026 年 3 月 19 日，公司召开了第四届董事会第十一次会议，审议通过 了《关于部分募投项目增加实施主体和实施地点并开立募集资金专户的议案》。 "车载及 5G 模组扩产项目"和"AI 算力模组及 AI 解决方案产业化项目" 的原实施主体为常州移远通信技术有限公司，原实施地点为常州。拟增加全资子 公司赣州移远科技有限公司作为上述 2 个项目的实施主体，对应增加赣州为实施 地点，并拟以募集资金向赣州移远科技有限公司增资和借款的方式实施募投项目。 本次部分募投项目仅为增加实施主体和实施地点，不存在变相改变募集资金用途 的情形，也不存在损害公司及股东利益的情形，本次以募集资金向赣州移远科技 有限公司增资和借款方式实施募投项目，该事项不构成关联交易，无需提交股东 会审议。 赣州移远科技有限公司已签订《房 ...

Group 1 - VAST, a general artificial intelligence company, completed a $50 million Series A financing round led by Alibaba and Hengxu Capital, with participation from other investors. The funds will focus on recruiting top talent, continuous algorithm iteration, and building a UGC interactive content platform [2] - Aiot brand E-Link from Quectel and Honor launched an innovative children's AI toy, the Meteer AI dancing robot, which supports natural language understanding and multi-turn dialogue, allowing children to interact through voice [2] - YuanLab.ai officially released the Yuan3.0 Ultra multimodal foundational model, enhancing the global ecosystem of trillion-parameter open-source models, making it one of only three such models available [2] - Softcom Power introduced the Ruido AI intelligent agent cloud platform, integrating computing power infrastructure, token economy, and the OpenClaw intelligent agent framework to innovate computing power operation models [2]

Core Viewpoint - The company, Quectel, indicated that its performance for the fiscal year 2025 is not expected to meet the standards for performance forecasts due to strategic investments for long-term development and rising upstream raw material costs [1] Financial Performance - The company stated that specific financial data will be disclosed in future periodic reports, as the current performance does not meet the forecast disclosure standards [1] - The company is progressing with its fundraising project construction as planned, and there are currently no signs that would necessitate a significant impairment of related fixed assets according to accounting standards [1] Compliance and Reporting - The company will adhere strictly to accounting standards and relevant laws and regulations in its accounting practices, financial report preparation, and information disclosure obligations [1]

Core Viewpoint - The company has implemented a price adjustment strategy in response to rising raw material costs, which is being communicated to downstream customers globally, although precise categorization of price increases is challenging due to the diversity of products and customer base [2]. Group 1: Price Adjustment Strategy - The company is facing an increase in raw material prices and has developed a corresponding price adjustment strategy [2]. - The price transmission to downstream customers is occurring in an orderly manner, but the pace varies due to the large number of global customers and diverse product types [2]. Group 2: Communication with Capital Market - The company emphasizes its commitment to legal compliance and timely information disclosure, maintaining communication with the capital market through various channels such as investor surveys, performance briefings, and interactive platforms [2]. - Future efforts will focus on enhancing communication efficiency with the capital market and increasing interaction with investors through multiple channels [2]. Group 3: 2025 Performance Outlook - As per disclosure regulations, the company has not reached a situation that requires a performance forecast or report for the year 2025 [2]. - The company is currently progressing with the preparation of its annual report, and specific performance details will be available in future disclosures [2].

Core Viewpoint - The company has disclosed information regarding ongoing litigation and arbitration, emphasizing its commitment to protecting the rights of the company and its shareholders [1] Group 1: Legal Matters - The company announced on February 7, 2026, that it has a cumulative lawsuit and arbitration situation, providing truthful disclosure of the relevant circumstances [1] - The ongoing lawsuit has not yet gone to trial, and the final outcome will depend on the court's effective judgment [1] - The company has established a professional legal team to actively respond to the lawsuit and is fully committed to safeguarding the legal rights of the company and its shareholders [1] Group 2: Information Disclosure - The company will closely monitor the progress of the case and will strictly adhere to legal regulations regarding timely information disclosure obligations [1]

Investment Rating - The industry investment rating is "Positive" and maintained [12] Core Insights - The communication sector saw a 2.35% increase in the 6th-7th week of 2026, ranking 6th among primary industries in the Yangtze River region; since the beginning of 2026, it has risen by 0.44%, ranking 27th [2][6] - Tower's silicon photonics revenue doubled, with a high demand for 1.6T, and capacity expansion plans have been adjusted with prepayments secured; silicon photonics modules continue to penetrate the market [2][10] - Vertiv's orders and backlog reached new highs, with a shipment-to-order ratio rising to 2.9 times [2][10] - ByteDance's Seedance 2.0 has industry-leading generation availability, while Google's Gemini 3.1 Pro tops the charts, and Anthropic's annual revenue is growing rapidly at $14 billion [2][10] - OpenAI's cumulative computing expenditure is expected to exceed $600 billion by 2030, with an upward revision of revenue forecasts [2][10] Summary by Sections Market Performance - In the 6th-7th week of 2026, the communication sector increased by 2.35%, ranking 6th among primary industries; since the start of 2026, it has risen by 0.44%, ranking 27th [2][6] - Among companies with a market capitalization above 8 billion, the top three gainers this week were Dawei Technology (+39.4%), Shengke Communication (+31.7%), and Shenling Environment (+29.6%); the top three decliners were Tongyu Communication (-11.7%), Dingtong Technology (-9.7%), and Xinke Mobile (-9.3%) [6] Company Highlights - **Tower**: In Q4 2025, revenue reached $440 million, a year-on-year increase of 13.7%, with GAAP net profit of $80 million, up 45.3%. The company expects silicon photonics revenue to reach $228 million in 2025, doubling from 2024, and has raised its capacity target from 3 times to over 5 times the Q4 2025 shipment [7] - **Vertiv**: In Q4 2025, revenue was $2.88 billion, a year-on-year increase of 22.7%, with GAAP net profit of $450 million, up 203.1%. The company reported a significant increase in organic orders, with a year-on-year growth of 252% [7] AI Model Developments - On February 12, ByteDance launched Seedance 2.0, achieving industry-leading performance in complex scenarios with a high generation availability rate [8] - Anthropic completed a $30 billion Series G financing round with a post-money valuation of $380 billion, reporting an annual revenue of approximately $14 billion [8] - On February 19, Google released Gemini 3.1 Pro, which ranked first in AI analysis, showing significant improvements in reasoning capabilities [8] Future Projections - OpenAI updated its financial outlook, projecting cumulative computing-related expenditures to exceed $600 billion by 2030, with training costs expected to rise significantly in 2025 and 2026 [9]