证券代码：688167 证券简称：炬光科技 公告编号：2026-001 西安炬光科技股份有限公司 关于变更持续督导保荐代表人的公告 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、准确性和完整性依法承担法律责任。 张苏先生：保荐代表人，硕士研究生学历，现任中信建投证券投资银行业 务管理委员会副总裁，曾主持或参与的项目有：炬光科技（688167.SH）IPO 项 目、冠石科技（605588.SH）IPO 项目、拓尔思（300229.SZ）向特定对象发行 股份项目、拓尔思（300229.SZ）公开发行可转换公司债券项目等。张苏先生在 保荐业务执业过程中严格遵守《证券发行上市保荐业务管理办法》等相关规定， 执业记录良好。 中信建投证券原指派保荐代表人张铁先生、黄亚颖先生履行持续督导职责， 现因黄亚颖先生个人工作调整，不再担任公司的持续督导保荐代表人。为保证 持续督导工作的有序进行，中信建投证券委派张苏先生（简历见附件）接替黄 亚颖先生担任公司的保荐代表人，继续履行相关持续督导职责。 本次保荐代表人变更后，公司 2021 年首次公开发行 A 股股票持续督导保 荐代 ...

Summary of Key Points Core Viewpoint - Yunlu Co., Ltd. experienced a slight decline of 0.02% on January 8, closing at 102.59 yuan, with significant trading activity in the form of block trades totaling 24.4 million shares and a transaction value of 23.03 million yuan [1][2]. Trading Activity - A total of 9 block trades were recorded, all at a price of 94.40 yuan per share, with a consistent discount of 7.98% from the market price [1][2][3]. - The first four trades involved various institutional buyers, all purchasing shares from Guotai Junan Securities Co., Ltd. at the same price and discount rate [1][2]. - The last five trades continued the trend of 94.40 yuan per share, with multiple institutional buyers involved, indicating a strong interest at this price point [2][3]. Recent Performance - Over the past three months, Yunlu Co., Ltd. has seen a total of 23 block trades, accumulating a transaction value of 82.29 million yuan [3]. - In the last five trading days, the stock has increased by 2.71%, with a net inflow of 5.38 million yuan from major funds [3].

Group 1 - The concept of controlled nuclear fusion has gained momentum, with several stocks such as China Nuclear Engineering, Snowman Group, and others hitting the daily limit up, while stocks like Yingjie Electric and Zhongtai Co. have seen increases of over 6% [1][6] - The Chinese Academy of Sciences has announced a breakthrough in controlled nuclear fusion technology, confirming the existence of a density-free zone in the EAST experimental device, which provides important physical evidence for high-density operation of magnetic confinement fusion devices [1][6] - Controlled nuclear fusion is considered the ultimate solution for the energy revolution due to its abundant resources, environmental friendliness, and zero-carbon safety [1][6] Group 2 - The global fusion industry has experienced explosive growth, with total investment rising from $1.9 billion in 2021 to $9.7 billion, and an additional $2.6 billion expected in 2024 [2][7] - The global nuclear fusion market is projected to reach $496.55 billion by 2030 and exceed $1 trillion by 2050, driven by breakthroughs in high-temperature superconductors and artificial intelligence [2][7] - The focus of the controlled nuclear fusion industry is on technological engineering and commercial feasibility, with significant investment opportunities concentrated in the upstream sector [2][7] Group 3 - There are 59 stocks in the A-share market related to controlled nuclear fusion, with 22 companies reporting R&D expenses exceeding 5% of their revenue for the first three quarters of 2025 [3][8] - Companies like Changguang Huaxin and Aikesaibo have high R&D intensity, with R&D expenses as a percentage of revenue exceeding 20% [3][8] - Among the 22 companies, 16 reported year-on-year growth in R&D expenses, with notable increases from Juguang Technology (87.76%), Jingye Intelligent (64.87%), and Aikesaibo (42.62%) [3][8]

Group 1 - The core point of the news is that Juguang Technology's stock price increased by 5.49% to 193.02 CNY per share, with a trading volume of 926 million CNY and a turnover rate of 5.60%, resulting in a total market capitalization of 17.345 billion CNY [1] - Juguang Technology, established on September 21, 2007, and listed on December 24, 2021, is located in Xi'an, Shaanxi Province, and specializes in the research, production, and sales of high-power semiconductor laser components and laser optical components [1] - The company's main business revenue composition includes: laser optical products (48.73%), semiconductor laser products (18.92%), automotive application solutions (12.62%), general semiconductor process solutions (8.97%), global photonic processes and manufacturing (6.23%), R&D services and processing services (3.76%), and others (0.77%) [1] Group 2 - From the perspective of major holdings, one fund under Penghua Fund holds Juguang Technology as a top ten stock, with the Penghua Science and Technology Innovation Board 200 ETF (588240) holding 19,700 shares, accounting for 1.04% of the fund's net value [2] - The Penghua Science and Technology Innovation Board 200 ETF (588240) has a current scale of 290 million CNY and has achieved a return of 5.21% this year, ranking 914 out of 5488 in its category, with a cumulative return of 47.22% since its inception [2]

Group 1 - The core point of the news is that Juguang Technology's stock price has decreased by 1.1%, currently trading at 175.33 yuan per share, with a total market capitalization of 15.755 billion yuan [1] - Juguang Technology, established on September 21, 2007, and listed on December 24, 2021, specializes in the research, production, and sales of high-power semiconductor laser components and laser optical components [1] - The company's main business revenue composition includes: laser optical products (48.73%), semiconductor laser products (18.92%), automotive application solutions (12.62%), and other segments [1] Group 2 - Tianzhi Fund has a significant holding in Juguang Technology, with the Tianzhi China Manufacturing 2025 Mixed Fund (350005) holding 2.36% of its net value in Juguang Technology as of the third quarter [2] - The Tianzhi China Manufacturing 2025 Mixed Fund was established on May 8, 2008, with a current scale of 15.5074 million yuan and has achieved a year-to-date return of 15.46% [2] - The fund manager, Liang Li, has been in position for 4 years and 261 days, with the best fund return during this period being 26.52% [3]

（文章来源：证券日报） 证券日报网讯 12月29日，炬光科技在互动平台回答投资者提问时表示，公司没有业务参与到星载激光 通信领域。 ...

Core Insights - The company has established a comprehensive product and solution layout in the optical communication field, including various components for lasers, detectors, and optical modules [2] - In the consumer electronics sector, the company has generated significant revenue, with related business income exceeding 53 million yuan, accounting for approximately 9% of total revenue in the first three quarters of 2025 [2] - The company is actively collaborating with leading clients on research projects to drive future growth [2] Product and Solution Offerings - The company provides a range of products including aluminum nitride substrates for laser diodes and photodetectors, micro-lenses for pluggable optical modules, and optical components for silicon photonics platforms [2] - Specialized micro-optical components for wavelength selective switches and high-channel precision designs for optical devices are also part of the company's offerings [2] - The company offers FAU processes and other optical packaging services tailored to customer needs, covering multiple key application scenarios in optical communication [2]

格隆汇12月29日丨炬光科技(688167.SH)在互动平台表示，我们公司没有业务参与到星载激光通信领 域。 ...

格隆汇12月29日丨炬光科技(688167.SH)在互动平台表示，我们公司没有业务参与到星载激光通信领 域。 ...

格隆汇12月26日｜A股市场CPO概念股走低，其中，罗博特科跌超6%，联特科技、仕佳光子跌超5%， 德科立跌近5%，长芯博创、景旺电子、炬光科技、华懋科技跌超3%。 ...