证券日报网讯 1月29日，上海港湾（605598）在互动平台回答投资者提问时表示，公司主营业务为岩土 工程综合服务，专注为全球港口、机场、公路、铁路等重大基建领域提供勘察、设计、施工、监测一体 化的整体解决方案，主营业务未发生变化。公司发展坚定奉行"基建主业+航天新业"双轮驱动战略，致 力于成为全球地空双轨基建与能源解决方案的引领者。一方面，公司持续夯实岩土工程核心竞争力，聚 焦东南亚、中东等核心海外市场，全力推进优质项目落地，稳固主业经营基本面；另一方面，通过控股 子公司伏曦炘空、江阴晶晧重点布局商业航天空间电源系统、太空光伏赛道，将其作为公司第二增长曲 线重点培育。目前该板块营收占比较低，处于快速成长阶段。除钙钛矿电池、柔性太阳能板产品外，公 司及下属子公司围绕岩土工程主业、商业航天能源系统技术迭代、钙钛矿的技术升级等方向，持续推进 研发攻关与技术优化工作。未来，公司将始终坚守岩土工程主业根基，同时加速推动商业航天、太空光 伏等新兴业务的技术突破、产品迭代与市场拓展，持续提升公司核心竞争力与长期价值创造能力，切实 回报广大投资者。 ...

未来，公司将始终坚守岩土工程主业根基，同时加速推动商业航天、太空光伏等新兴业务的技术突破、 产品迭代与市场拓展，持续提升公司核心竞争力与长期价值创造能力，切实回报广大投资者。 格隆汇1月29日丨上海港湾(605598.SH)在投资者互动平台表示，公司主营业务为岩土工程综合服务，专 注为全球港口、机场、公路、铁路等重大基建领域提供勘察、设计、施工、监测一体化的整体解决方 案，主营业务未发生变化。公司发展坚定奉行"基建主业 + 航天新业"双轮驱动战略，致力于成为全球地 空双轨基建与能源解决方案的引领者。一方面，公司持续夯实岩土工程核心竞争力，聚焦东南亚、中东 等核心海外市场，全力推进优质项目落地，稳固主业经营基本面；另一方面，通过控股子公司伏曦炘 空、江阴晶晧重点布局商业航天空间电源系统、太空光伏赛道，将其作为公司第二增长曲线重点培育。 目前该板块营收占比较低，处于快速成长阶段。除钙钛矿电池、柔性太阳能板产品外，公司及下属子公 司围绕岩土工程主业、商业航天能源系统技术迭代、钙钛矿的技术升级等方向，持续推进研发攻关与技 术优化工作。 ...

Investment Rating - The report maintains an "Overweight" rating for the commercial aerospace industry, indicating a positive outlook for the sector in the coming months [1]. Core Insights - The commercial aerospace industry is expected to undergo a significant transformation by 2026, driven by advancements in launch capabilities and the successful deployment of domestic rockets, which will remove previous constraints on industry growth [8][9]. - The competition in commercial aerospace is fundamentally a "land grab" for space sovereignty and resource allocation, emphasizing the need for increased launch frequency to secure China's position in low Earth orbit [10]. - The report highlights the strategic importance of commercial aerospace in national defense and resource acquisition, particularly in the context of lunar resources like Helium-3, which could reshape global energy dynamics [12]. - Key catalysts for the industry include domestic policy support and capital market developments, with significant IPOs expected from leading aerospace companies in 2026 [13][15]. Summary by Sections 1. Why has the domestic commercial aerospace industry reached a qualitative change? - The industry has transitioned from a limited payload capacity to a robust launch capability, marked by the successful launch of the Zhuque-3 rocket, which signifies a shift from speculative themes to a narrative driven by operational capacity [8]. 2. How to understand the importance of commercial aerospace? - The scarcity of low Earth orbit resources has made the commercial aerospace race a critical national strategy, with the need to enhance launch frequency to secure space assets and maintain competitive advantages [10][11]. 3. What subsequent catalysts are worth paying attention to in commercial aerospace? 3.1. Domestic: Accelerated release of policy and capital dividends - The report anticipates significant policy support and capital market activity, with major aerospace companies expected to enter the IPO market in 2026, reflecting the strategic importance of the sector [13]. 3.2. International: Clear policy framework and tight planning timeline - The U.S. has shifted from a public to a private ownership model for space resources, establishing a legal framework that encourages commercial investment in space resource development [15][16]. 4. Investment Recommendations 4.1. SpaceX Concept - Companies that could potentially enter the SpaceX supply chain are highlighted, indicating a strong future in commercial aerospace [17]. 4.2. Rocket Sector: "Many Stars, Few Rockets" Expected to Breakthrough - The report suggests that advancements in large-capacity reusable rocket technology will lead to significant changes and valuation adjustments in the sector [19]. 4.3. Satellite Sector: Certainty in Implementation - The urgency to secure low Earth orbit resources is driving domestic satellite constellations from planning to large-scale deployment [20]. 4.4. Space Computing and Space Photovoltaics: Next-Generation Core Tracks - The report identifies space computing and space photovoltaics as critical future sectors, emphasizing their role in supporting lunar economies and global intelligence ecosystems [22].

智通财经APP获悉，国泰海通发布研报称，太空光伏领域获关注，"人工智能+"被写入国家规划，各地 政策密集出台。深城交(301091.SZ)、苏交科(300284.SZ)等公司围绕交通治理与低空场景，华设集团 (603018.SH)、设计总院(603357.SH)针对工程设计领域，均加速自研AI应用落地，推动行业效率提升与 智能化转型。 (1)深城交构建"多模式AI调控业务引擎"，支撑城市级交通智能治理转型和一体化服务升级，已在深圳 市实现交通融合规划评估、大型枢纽运力优化等领域试点。2025年12月公告拟增募资不超过18亿元，用 于交通大模型与生态应用、具身智能交通设备等方向。(2)苏交科自主研发"无人机自主运维与智能管控 一体化低空AI综合巡检平台"，构建"任务管理-航线规划-飞行监控-智能识别-数据归档"全流程智能闭环 系统，全面满足复杂场景下无人化巡检作业需求。2025年10月，苏交科与中移上研院、长智云签署合作 协议，推动构建"AI+通信+基建"的战略协同生态。 华设集团与设计总院围绕工程设计场景推进垂直AI应用研发 (1)华设集团子公司狄诺尼发布自主研发的AiRoad道路快速方案设计系统，可将方案设 ...

（来源：淘金ETF） 1、乾照光电（300102） 作为国内砷化镓太空电池绝对龙头，国内市占率超60%，三结砷化镓电池量产效率达35%，实验级效率 突破42%，抗辐射寿命达15-20年，完美适配高轨卫星、深空探测等严苛场景 。产品批量供应中国卫 星、空间站等重大项目，同时切入SpaceX、亚马逊 Kuiper等海外客户供应链，2025年底未交付订单达6- 8亿元 。马斯克100GW太空光伏产能规划落地，将直接带动其砷化镓电池需求爆发，公司凭借技术与产 能优势，成为太空光伏电池核心供应商，充分受益行业景气度提升。 2、东方日升（300118） 国内HJT超薄电池龙头，已实现向SpaceX星链小批量交付HJT电池，产品通过太空环境测试，具备高可 靠性 。公司超薄P型HJT电池厚度仅100μm，适配卫星轻量化需求，同时布局N型HJT技术，转换效率持 续提升 。随着马斯克太空光伏产能扩张，其作为核心供应商，将直接受益于卫星、太空数据中心等场 景需求增长，HJT电池在太空光伏领域的应用前景广阔，推动公司业绩增长。 3、钧达股份（002865） 全球TOPCon电池龙头，通过战略投资尚翼光电布局钙钛矿/晶硅叠层电池技术， ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：605598 证券简称：上海港湾 公告编号：2026-002 上海港湾基础建设（集团）股份有限公司 第三届董事会第十七次临时会议决议公告 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、董事会会议召开情况 上海港湾基础建设（集团）股份有限公司（以下简称"公司"、"上海港湾"）第三届董事会第十七次临时 会议于2026年1月23日以通讯表决的方式召开，本次会议通知已于2026年1月19日以电子邮件形式发出。 会议应出席董事8名，实际出席董事8名，公司部分高级管理人员列席本次会议。本次会议的召集、召开 程序符合《公司法》和《公司章程》等的相关规定。董事长徐士龙先生主持本次会议。 (一)审议并通过《关于回购注销限制性股票的议案》 经审核，董事会认为：部分激励对象因离职已不符合激励条件，且公司2025年度业绩无法达到2023年限 制性股票激励计划设定的第三个解除限售期解锁标准。基于上述情形，相关激励对象已获授但尚未解除 限售的限制性股票不得解锁，公司将对该部分股票依法依规进 ...

Investment Rating - The industry investment rating is "Buy" [4] Core Insights - The report indicates that the construction industry continues to experience a low allocation in public funds, with a slight increase in heavy positions in Q4 2025. The total market value of the SW construction decoration sector rose to 1,845.9 billion CNY, a 2% increase quarter-on-quarter, accounting for 1.50% of the A-share market value [15][19] - The report highlights a shift in public fund allocations towards the decoration and other specialized engineering sectors, with significant increases in heavy positions for these sub-sectors [19][31] - Key companies in the sector include China State Construction, Honglu Steel Structure, Shanghai Port, Jianghe Group, and Yaxiang Integration, with notable changes in their heavy positions [44] Summary by Sections Section 1: Q4 2025 Construction Industry Allocation - The heavy stock allocation in the construction industry increased quarter-on-quarter, with the total market value of SW construction decoration reaching 1,845.9 billion CNY, a 2% increase [15][19] - The heavy stock allocation ratio for public funds in the construction decoration sector was 0.37%, up by 0.01 percentage points from the previous quarter [15][19] Section 2: Sub-sector Analysis - The report notes an increase in public fund heavy positions in the decoration and other specialized engineering sectors, while the housing construction and municipal engineering sectors saw a decrease [19][30] - The decoration sector's heavy position ratio rose to 0.029%, an increase of 0.017 percentage points, primarily due to increased holdings in Jianghe Group [31][40] Section 3: Individual Company Analysis - The top five companies by heavy stock value are China State Construction (19.64 billion CNY), Honglu Steel Structure (12.17 billion CNY), Shanghai Port (8.86 billion CNY), Jianghe Group (5.59 billion CNY), and Yaxiang Integration (4.25 billion CNY) [44] - Significant changes in heavy positions include a 485.4% increase for Shanghai Port and a 134.3% increase for Jianghe Group [44] Section 4: Investment Recommendations - The report recommends focusing on four key areas: technology (cleanroom sector), safety (industrial and nuclear power module manufacturers), overseas expansion (China National Materials and China Steel International), and undervalued state-owned enterprises in favorable regions [46]

免责声明： 本报告（文章）是基于上市公司的公众公司属性、以上市公司根据其法定义务公开披露的信息（包括但 不限于临时公告、定期报告和官方互动平台等）为核心依据的独立第三方研究；市值风云力求报告（文章）所载内 容及观点客观公正，但不保证其准确性、完整性、及时性等；本报告（文章）中的信息或所表述的意见不构成任何 投资建议，市值风云不对因使用本报告所采取的任何行动承担任何责任。 以上内容为 市值风云APP 原创 未获授权 转载必究 相关行业或迎来催化。 作者 | 小鑫 编辑 | 小白 当地时间1月22日，特斯拉CEO埃隆·马斯克在瑞士达沃斯世界经济论坛年会期间，在与贝莱德CEO拉 里·芬克的对谈中明确力挺太空光伏，并披露关键产能规划。 他表示，SpaceX与特斯拉正同步推进太阳能产能提升，目标在未来三年内实现每年100GW的太阳能 制造能力。 U MAMMIST 制图:市值风云APP 【资讯】 当地时间1月22日，马斯克在达沃斯力挺太空光伏， SpaceX与特斯拉目标三年内实现年产100GW太阳能产能。 核心电池制造 乾照光电 东方日升 钧达股份 天合光能 拓日新能 三安光电 二、上游设备与材料 晶盛机电 聚和材料 ...

Group 1 - The core viewpoint of the report emphasizes that the demand for AI computing power will continue to grow and diversify in 2026, extending from data centers to network edges and even internal terminals [8][13][27] - The report highlights the significant capital expenditure (Capex) growth driven by business revenue, with major cloud service providers like Google, Microsoft, and Amazon showing consistent revenue growth exceeding 20% year-on-year [27][31][35] - The report identifies the increasing importance of silicon photonics technology, particularly the 1.6T optical module, which is expected to maintain accelerated growth and enhance the global market share of domestic optical chips and devices [7][54][70] Group 2 - The report discusses the emergence of new technologies such as Scale-UP supernodes and their impact on optical link demand, indicating that these technologies will drive additional link requirements in 2026 [7][9][66] - It notes that the AI infrastructure is experiencing a high level of prosperity, with significant investments in data centers and AI capabilities expected to continue, particularly in the U.S. [47][49][53] - The report anticipates that the integration of silicon photonics will significantly increase its market penetration, projecting that by 2026, over half of optical module sales will come from silicon photonics solutions [70][75]

每经AI快讯，上海港湾1月23日晚间发布公告称，公司第三届第十七次董事会临时会议于2026年1月23 日以通讯表决的方式召开。会议审议了《关于回购注销限制性股票的议案》等文件。 每经头条（nbdtoutiao）——地方国资开始"抄底"法拍房！单价六七千元"扫货"广州南沙区超60套房 源，同小区二手房挂牌均价逾2万元 （记者 王晓波） ...