Market Overview - The market experienced a rebound after an initial drop, with all three major indices turning positive. The Shanghai Composite Index rose by 0.11%, the Shenzhen Component increased by 0.65%, and the ChiNext Index also gained 0.65% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 1.38 trillion yuan, a decrease of 63.3 billion yuan compared to the previous trading day [1] Sector Performance - The chemical sector showed strong performance, with stocks such as Cangzhou Dahua, Jinniu Chemical, Baichuan Shares, and Baihehua hitting the daily limit [1] - The humanoid robot concept stocks were active, with Wuzhou Xinchun, Liancheng Precision, and Tianqi Shares also reaching the daily limit [1] - The non-ferrous metals sector rebounded, with Hunan Gold and Xianglu Tungsten hitting the daily limit [1] - The optical communication concept saw a volatile recovery, with Hangdian Shares achieving five consecutive daily limits in six days [1] - The traditional Chinese medicine sector opened actively, with Te Yi Pharmaceutical hitting the daily limit [1] Declining Sectors - The consumer sector faced a collective decline, particularly in the liquor and tourism hotel segments, with Huangtai Liquor hitting the daily limit down and Dalian Shengya also reaching the limit down [1]

Market Overview - The A-share market showed mixed performance with the Shanghai Composite Index up by 0.11%, the Shenzhen Component Index up by 0.65%, and the ChiNext Index also up by 0.65% as of midday [1] - The total trading volume in the Shanghai and Shenzhen markets reached 1.38 trillion yuan, a decrease of 63.3 billion yuan compared to the previous trading day, with over 3,800 stocks rising [2] Sector Performance - Active sectors included lithium batteries, energy metals, humanoid robots, and fintech, while traditional sectors like liquor, retail, and AI application stocks weakened [1] - The Chinese medicine and chemical sectors showed notable gains, with the Chinese medicine sector rising by 2.52% [2][7] - The small metals sector rebounded, with stocks like Xianglu Tungsten and Zhangyuan Tungsten hitting the daily limit [7] Notable Stocks - Mingdiao Co. experienced significant trading activity, achieving a "limit-up" with nearly 700 million yuan in transactions and marking its fifth consecutive trading day of gains [3] - Jiangfeng Electronics saw a slight increase of 0.09% after announcing plans to acquire control of Kaide Quartz [9] Economic Indicators - The industrial development plan for traditional Chinese medicine aims for a collaborative development system by 2030, which may positively impact the sector [7]

Market Overview - A-shares showed resilience against external market pressures, with major indices recovering after a low opening, resulting in the Shanghai Composite Index rising by 4.40 points (0.11%) to 4080.31 points, the Shenzhen Component Index increasing by 90.46 points (0.65%) to 14043.17 points, and the ChiNext Index up by 21.17 points (0.65%) to 3281.45 points [1] Sector Performance - The chemical sector saw strong performance, with stocks like Cangzhou Dahua, Jinniu Chemical, Baichuan Co., and Baihehua hitting the daily limit [1] - The humanoid robot concept stocks were active, with companies such as Wuzhou Xinchun, Liancheng Precision, and Tianqi Co. also reaching the daily limit [1] - The non-ferrous metals sector showed signs of recovery, with Hunan Gold and Xianglu Tungsten hitting the daily limit [1] - The traditional Chinese medicine sector opened strong, with stocks like Te Yi Pharmaceutical reaching the daily limit [1] Policy Support - The Chinese government, through the Ministry of Industry and Information Technology and other departments, issued a development plan for the traditional Chinese medicine industry, aiming for a collaborative development system by 2030, which is expected to boost the sector's growth [2] Price Dynamics - The price of disperse dyes surged due to a significant increase in the cost of upstream key intermediates, rising from 25,000 yuan/ton to 38,000 yuan/ton, a more than 50% increase, which is expected to drive up prices in the textile dyeing industry as demand increases post-Spring Festival [3] Market Challenges - The liquor sector faced downward pressure, with stocks like Huangtai Liquor hitting the daily limit down, attributed to a decline in demand following the consumption peak around the Spring Festival and increased competition leading to price cuts [4] - AI application stocks experienced declines, with companies like Yaowang Technology and Zhejiang Wenhu falling to the daily limit due to concerns over technology maturity and unclear business models [5] - The optical module and CPO sectors continued to adjust, with stocks like Yuanjie Technology and Xinyisheng dropping over 6% as market expectations normalized [6] Institutional Insights - Zhongjin Securities noted that despite external pressures, there are no typical bull market top signals in Chinese stocks, with ample liquidity and improving earnings, suggesting a continued positive outlook for Chinese asset revaluation [7] - Tianfeng Securities highlighted the fragility of market sentiment, indicating that any news could trigger short-term sell-offs, particularly in the gold market [7] - Huachuang Securities observed a strong recovery in consumer markets expected for the 2026 Spring Festival, driven by government-led consumption initiatives, suggesting potential growth in sectors like dining, tourism, and retail [7]

| 中威电子 | 11.74 +4.73% +1.29% | | --- | --- | | 创 300270 | | | 华脉科技 | 19.55 +4.66% +14.80% | | 603042 融 | | | 凯旺科技 | 53.88 +3.86% +42.52% | | 创 301182 融 | | （文章来源：上海证券报） | | | 光纤概念股盘初上扬。杭电股份6天5板，长江通信、长飞光纤触及涨停，烽火通信、中威电子等多股跟涨。消息面上，根据华泰证券研报，2026年1月， 中国市场G.652.D单模光纤价格创下近七年来的新高，平均价格来到35元/芯公里以上。 ...

证券代码：603618 证券简称：杭电股份 编号：2026-007 杭州电缆股份有限公司 关于股票交易异常波动公告 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： 杭州电缆股份有限公司（以下简称"公司"、"本公司"）股票于 2026 年 2 月 3 日、2 月 4 日、2 月 5 日连续三个交易日内日收盘价格涨幅偏 离值累计超过 20%，根据《上海证券交易所交易规则》的有关规定，属 于股票交易异常波动情况。2026 年 1 月 30 日至 2 月 5 日，公司股票价 格涨幅累计达到 51.58%，显著高于同行业上市公司，存在交易风险。 经公司自查并向控股股东及实际控制人核实，截至本公告披露日，不存 在影响公司股票交易价格异常波动的重大事宜；不存在其他涉及本公司 应披露而未披露的重大信息，包括但不限于重大资产重组、发行股份、 上市公司收购、债务重组、业务重组、资产剥离、资产注入、股份回购、 股权激励、破产重组、重大业务合作、引进战略投资者等重大事项。公 司特别提醒投资者注意二级市场交易风险，理性决策，审慎投资。 ...

Core Viewpoint - The optical fiber and cable industry is experiencing a significant upturn, driven by increased demand from AI data centers and a global supply-demand imbalance, leading to substantial price increases and stock performance in related companies [1][4]. Industry Summary - The optical fiber market has seen a continuous rise in demand, with prices for G.652.D single-mode optical fibers in China reaching over 35 yuan per core kilometer, marking a 75% increase in January alone [1][4]. - A global trend is observed where optical fiber prices are rising sharply, with the Chinese market leading the way, and some manufacturers quoting prices as high as 50 yuan per core kilometer [4]. - The CRU China Optical Fiber and Cable Index (FOCI) has rebounded by 10.8%, indicating a shift from contraction to expansion in the market [4]. - The industry is entering a prolonged period of prosperity, driven by technological upgrades and the explosive growth of AI data centers, which is expected to sustain tight supply for 2-3 years due to the long production cycle of key materials [4][6]. Company Summary - Hangzhou Electric (杭电股份) has seen its stock price rise significantly, with a cumulative increase of 32.97% over three consecutive trading days, prompting the company to issue a risk warning due to potential irrational market speculation [2][3]. - The company reported a negative rolling price-to-earnings ratio of -33.93, significantly higher than the industry average of 24.23, indicating potential volatility in stock trading [2]. - Other companies in the optical fiber sector, such as Longfly Fiber and Hengtong Optic-Electric, have also experienced substantial stock price increases, with Longfly Fiber issuing a risk warning after its stock price deviated significantly from the norm [3][4].

Group 1 - The A-share market showed mixed performance on February 4, with the only electric grid equipment ETF (159326) experiencing a decline of 0.39% after an initial surge, while trading volume reached 394 million yuan, and stocks like Hangdian Co. and Hongsheng Huayuan hit the daily limit [1] - The electric grid equipment ETF has seen a net inflow of over 10 billion yuan this year, bringing its total size to 17.577 billion yuan, making it the largest power-related ETF in the market [1] - The global AI computing power boom has led to a persistent electricity shortage in data centers, with high-power and stable electricity supply becoming crucial for computing clusters, thus upgrading transformers to core infrastructure for computing power [1] Group 2 - The electric grid equipment ETF (159326) is the only ETF tracking the China Securities Electric Grid Equipment Theme Index, with a strong representation in sectors such as transmission and transformation equipment, grid automation equipment, and distribution equipment [2] - The smart grid sector holds a significant weight of 88% in the index, while the ultra-high voltage segment accounts for 65%, both being the highest in the market [2] - The ETF includes leading companies such as TBEA, China XD Electric, and Baobian Electric, which are prominent players in the export market [2]

Group 1 - The A-share market showed mixed performance on February 4, with the Shanghai Composite Index slightly up while the ChiNext Index declined, and the electric grid equipment sector experienced a brief surge before retreating [1] - The only ETF tracking the CSI Electric Grid Equipment Theme Index, the electric grid equipment ETF (159326), fell by 0.61% with a trading volume of 558 million yuan, while stocks like Hangzhou Electric and Hongsheng Huayuan hit the daily limit [1] - According to the General Administration of Customs, key power equipment exports are projected to reach 71.5 billion USD from January to November 2025, representing a year-on-year increase of 20%, with transformers, winding wires, insulators, and switchgear showing significant growth rates of 35%, 24%, 45%, and 29% respectively [1] Group 2 - China Galaxy Securities anticipates a potential acceleration in electric grid investment, with overseas supply unable to meet demand, leading to extended delivery times for power transformers and high-voltage cables in Europe and the U.S., which could extend into the 2030s [1] - The company believes that Chinese electric equipment manufacturers are entering a golden development period for overseas exports, with expectations for continued growth in both volume and price in 2026 [1] - According to Chengtong Securities, there is a pressing need for the replacement of aging electric grid equipment in developed economies, where over 20% of equipment has exceeded its 20-year lifespan, benefiting domestic electric grid companies amid increasing investment growth [1] Group 3 - The electric grid equipment ETF (159326) is the only ETF in the market tracking the CSI Electric Grid Equipment Theme Index, with a strong representation in sectors such as power transmission and transformation equipment, grid automation equipment, cable components, and distribution equipment [2] - The ETF includes leading companies in overseas markets such as Tebian Electric, China XD Electric, and Baobian Electric, showcasing its comprehensive industry coverage [2]

2026年2月4日，杭电股份（sh603618）触及涨停，涨停价10.93元，涨幅9.97%，总市值83.10亿元，流通 市值83.10亿元，截止发稿，总成交额5.79亿元。 根据喜娜AI异动分析，杭电股份涨停原因可能如下，治理结构优化+子公司业务支持+资金流入： 1、公 司正在进行治理结构改革，取消监事会、修订7项重要制度，虽短期内可能引发市场对监督机制的担 忧，但从长远看有利于提升公司规范运作水平。同时，为全资子公司提供累计1.74亿元担保，保障子公 司业务发展，对公司整体业务有积极作用。 2、杭电股份主要从事电线电缆、光通信产品研发生产销售 及铜箔业务。近期电网设备等相关行业可能存在一定发展机遇，同板块股票可能有活跃表现，形成板块 联动效应。 3、2月2日公司入选龙虎榜，成交额1.19亿，总买入1.5亿，总卖出 -4396.7万，上榜原因包 括游资、机构净买和外资净买，显示资金大量流入，对股价起到推动作用。 责任编辑：小浪快报 声明：市场有风险，投资需谨慎。本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603618 证券简称：杭电股份 编号：2026-006 杭州电缆股份有限公司 股票交易风险提示公告 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： ● 杭州电缆股份有限公司（以下简称"公司"、"本公司"）股票价格短期涨幅较大，2026年1月30日至2月 3日，公司股票已连续3个交易日以涨停价收盘，公司股票价格涨幅累计达32.97%，显著高于同行业上 市公司，存在交易风险。 公司股票自2026年1月30日至2月3日连续3个交易日内日收盘价格以涨停价收盘，股票价格涨幅累计达 32.97%，显著高于同行业上市公司。公司最新滚动市盈率为负，市盈率绝对值远高于同行业。根据中 证指数有限公司官方网站发布的最新滚动市盈率（TTM）（更新日期：2026年2月2日）显示，公司股 票滚动市盈率（TTM）为-33.93，电气机械和器材制造业滚动市盈率（TTM）24.23，股票交易价格存 在较大波动。敬请广大投资者注意二级市场交易风险，理性决策，审慎投资。 二、生产经营风险 ...