中国经济网北京9月18日讯 炬光科技(688167.SH)昨日晚间发布股东减持股份结果公告。2025年8月9 日，公司披露了《西安炬光科技股份有限公司股东减持股份计划公告》，宁波宁炬拟通过集中竞价方式 减持不超过279,123股、通过大宗交易方式减持不超过304,423股，即合计减持不超过公司总股本的 0.6494%；宁波新炬拟通过集中竞价、大宗交易方式分别减持不超过273,897股，即合计减持不超过公司 总股本的0.6096%；宁波吉辰拟通过集中竞价、大宗交易方式分别减持不超过273,612股，即合计减持不 超过公司总股本的0.6090%。 2025年9月17日，公司收到宁波宁炬、宁波新炬、宁波吉辰分别出具的《股份减持计划实施结果告 知函》，宁波宁炬、宁波新炬、宁波吉辰按照上述减持计划已实施完毕。 2025年9月1日至2025年9月17日，宁波宁炬减持公司股份583,546股，减持价格区间121.60元/股至 136.00元/股，减持总金额77,084,574.71元。 2025年9月1日至2025年9月17日，宁波新炬减持公司股份547,794股，减持价格区间121.54元/股至 136.00元/股，减持 ...

Core Viewpoint - The AI industry chain is experiencing a surge, expanding from PCB and CPO to more branches, with OCS concept stocks witnessing significant growth in the market [1] Group 1: Market Performance - OCS concept stocks collectively surged, with notable increases in share prices: Dekoli up 20%, Guangku Technology up over 17%, Lingyun Light up over 16%, and others like Tengjing Technology and Saiwei Electronics also showing gains [1][2] - The trading volume for Dekoli reached 165,400 shares, while Guangku Technology saw 325,900 shares traded [2] Group 2: OCS Technology Overview - OCS (Optical Circuit Switch) technology differs from traditional switches by reconstructing the physical path of optical signals, leading to higher bandwidth capacity, lower latency, and reduced energy consumption [3] - The technology is gaining attention as data volumes grow exponentially, with OCS potentially leading the next era of optical communication [3] Group 3: Industry Developments - The 26th China International Optoelectronic Exposition showcased OCS as a mainstream direction for next-generation switching technology, with multiple manufacturers, including Guangku Technology and Lingyun Light, presenting their OCS solutions [2][3] - Google has implemented OCS in its Jupiter data center network, achieving a 30% increase in throughput, a 40% reduction in power consumption, and a 50-fold decrease in network downtime [3] Group 4: Challenges and Competition - OCS technology faces challenges such as high costs, the need for upgrades to existing optical modules, and the requirement for standardization to ensure compatibility among different manufacturers [4] - The competitive landscape includes ongoing iterations of electrical switches and optical-electrical hybrid solutions, which may pose alternatives to OCS as the industry evolves [4]

Core Viewpoint - The A-share market saw a strong rally in the photolithography machine sector, with the photolithography index rising by 4.24% and leading company SMIC reaching a historical high in stock price [1][2]. Group 1: Market Performance - The photolithography index closed at 4525.95, up by 183.95 points, reflecting a 4.24% increase [2]. - SMIC's stock price closed at 117.39 CNY per share, with a nearly 7% increase, leading to a total market capitalization of 605.8 billion CNY [1]. - Other companies in the sector, such as BOL, SuDa WeiGe, and FJ Technology, also experienced significant gains, with BOL rising by 20% [1][2]. Group 2: Industry Developments - Reports indicate that SMIC is testing a deep ultraviolet photolithography machine manufactured by the Shanghai startup Yuliangsheng, which utilizes immersion technology similar to that of ASML [2]. - The photolithography machine is a core device in wafer manufacturing, essential for continuing Moore's Law, with a promising market outlook [4]. - The advanced packaging market is projected to grow from 38 billion USD in 2024 to 79 billion USD by 2030, with high-end packaging expected to increase from 8 billion USD to over 28 billion USD in the same period [4]. Group 3: Market Dynamics - ASML, Nikon, and Canon dominate the global photolithography market, with ASML holding a 61.2% market share in 2024, being the sole supplier in the EUV segment [4]. - China is the largest customer for ASML's photolithography machines, with revenue from the region expected to surge to 41% in 2024 due to the expansion of wafer fabs and excess inventory [4]. - The domestic photolithography machine industry is anticipated to see growth opportunities driven by the increasing demand for AI computing and advancements in domestic chip technology [5].

每经AI快讯，炬光科技（SH 688167，收盘价：175.97元）9月17日晚间发布公告称，2025年9月17日， 公司收到宁波宁炬、宁波新炬、宁波吉辰分别出具的《股份减持计划实施结果告知函》，上述股东减持 比例分别为0.6494%、0.6096%、0.6090%，宁波宁炬、宁波新炬、宁波吉辰按照上述减持计划已实施完 毕。 （记者 王晓波） 截至发稿，炬光科技市值为158亿元。 每经头条（nbdtoutiao）——海拔4306米现"秦始皇密令"，获官方"身份认定"！古文字学家刘钊：秦人 寻仙采药足迹确至青藏高原 2024年1至12月份，炬光科技的营业收入构成为：计算机和通信和其他电子设备制造业占比99.59%，其 他业务占比0.41%。 ...

证券代码：688167 证券简称：炬光科技 公告编号：2025-070 西安炬光科技股份有限公司 股东减持股份结果公告 本公司董事会、全体董事及相关股东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。 重要内容提示： 股东持有的基本情况 本次减持计划实施前，宁波宁炬创业投资合伙企业（有限合伙）（以下简称"宁 波宁炬"，曾用名：西安宁炬投资有限合伙企业）持有公司股份 1,762,852 股，占 公司总股本的 1.9618%；宁波新炬创业投资合伙企业（有限合伙）（以下简称"宁 波新炬"，曾用名：西安新炬投资有限合伙企业）持有公司股份 731,139 股，占 公司总股本的 0.8136%；宁波吉辰创业投资合伙企业（有限合伙）（以下简称"宁 波吉辰"，曾用名：西安吉辰企业管理咨询合伙企业（有限合伙））持有公司股份 719,000 股，占公司总股本的 0.8001%。上述股份为在公司首次公开发行前取得 的股份，已于 2024 年 12 月 24 日解除限售并上市流通。 减持计划的实施结果情况 2025 年 8 月 9 日，公司披露了《西安炬光科技股份有限 ...

西安炬光科技股份有限公司 2025 年第四次临时股东大会会议资料 证券代码：688167 证券简称：炬光科技 西安炬光科技股份有限公司 2025 年第四次临时股东大会会议资料 | 2025 年第四次临时股东大会会议须知 1 | | --- | | 2025 年第四次临时股东大会会议议程 3 | | 2025 年第四次临时股东大会会议议案 5 | | 议案一：《关于<西安炬光科技股份有限公司 2025 年限制性股票激励计划（草案）> | | 及其摘要的议案》 5 | | 议案二：《关于<西安炬光科技股份有限公司 2025 年限制性股票激励计划实施考 | | 核管理办法>的议案》 6 | | 议案三：《关于提请股东大会授权董事会办理西安炬光科技股份有限公司 2025 | | 年限制性股票激励计划有关事项的议案》 7 | | 议案四：《关于激励对象累计获授公司股份数量超过股本总额 1%的议案》 9 | | 《关于激励对象 C***Z***先生累计获授公司股份数量超过股本总额 1%的 4.01 | | 议案》 9 | | 《关于激励对象刘兴胜先生累计获授公司股份数量超过股本总额 1%的议案》 4.02 | | 10 ...

9月17日，炬光科技大宗交易成交36.09万股，成交额5014.38万元，占当日总成交额的2.68%，成交均价 138.94元，较市场收盘价175.97元折价21.04%，其中最高成交价172.45元，最低成交价136元。 | 交易日期 | 证券間核 | 证券代码 | | | 成交价(元) 成交金额(万元) 成交量(*) 买入营业部 | | 类出营业部 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-09-17 | 矩光科技 | 688167 | 172.45 | 500.11 | 2.9 | 粗泰证券有限责任 公司西安友谊西路 | 中信建投证券股份 有限公司西安科技 | Ka | | | | | | | | 还有留业部 | 路证券营业部 | | | 2025-09-17 | 矩光科技 | 688167 | 136 | 1549 | 11.39 | 机构专用 | 中信建投证券股份 | を | | | | | | | | | 有限公司西安市南 大街证券营业部 | | | 2025-09-17 | 炬光科技 | 68 ...

Investment Rating - The report recommends a focus on companies involved in OCS systems, particularly those producing OCS machines and core components, with specific recommendations for 中际旭创, 光库科技, and 腾景科技 [3][34][35]. Core Insights - The OCS (Optical Circuit Switches) technology is highlighted as a key advancement in the optical networking industry, providing high bandwidth, low power consumption, and low latency, which are essential for modern data centers [11][14][34]. - The report emphasizes the increasing participation of major industry players in the OCS market, indicating a clearer development path for OCS technology and a potential acceleration in the performance realization of companies within the OCS supply chain [3][34]. Summary by Sections OCS Solutions at the Expo - The 26th China International Optoelectronic Exposition showcased various OCS solutions, with significant participation from over 3,800 exhibitors from more than 30 countries [10]. - Coherent presented two digital liquid crystal OCS solutions, featuring a 300-port and a 64-port model, both designed for high reliability and low power consumption [19][20]. - 光库科技 demonstrated a MEMS OCS solution capable of supporting 640 or 320 LC ports, already deployed in over 750,000 fiber optic connectors globally [25][26]. - 凌云光 and Polatis are leading the promotion of direct beam steering OCS technology, utilizing piezoelectric ceramics for precise light routing [27][31]. Investment Recommendations - The report suggests focusing on companies involved in OCS machines, such as 中际旭创, 德科立, 光库科技, and 凌云光, as well as core component manufacturers like 腾景科技 and 赛微电子 [3][34][35]. - The ongoing acceleration in global computing infrastructure and interconnect bandwidth is expected to enhance the performance realization of companies in the OCS supply chain [34]. Company Profit Forecasts and Valuation - The report provides earnings per share (EPS) and price-to-earnings (PE) ratios for key companies, with 中际旭创 projected to have an EPS of 8.58 in 2025 and a PE of 48, while 光库科技 is expected to have an EPS of 0.43 and a PE of 237 [4][35].

| 交易日期 | 证券商隊 | 蓬券代码: | 成交价(元) 成交金额[万元) 成交量(*) 买入营业部 | | | 美出营业部 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | --- | | 025-09-16 | 矩光科技 | 688167 | 161.7 2.48 | 401.02 | 银泰证券有限责任 | 中信建投证券股份 | 180 | | | | | | | 公司西安友谊西路 | 有限公司西安科技 | | | | | | | | UN MI BE II LAN FOR ST | SALES AND BEAULY COLLECT CONTRACT | | 9月16日，炬光科技大宗交易成交2.48万股，成交额401.02万元，占当日总成交额的0.28%，成交价161.7 元，较市场收盘价165元折价2%。 ...

Group 1 - The core viewpoint of the news highlights the trading performance and financial metrics of Juguang Technology, indicating a significant increase in financing activities and a high level of margin trading [1][2]. - On September 15, Juguang Technology's stock rose by 1.58%, with a trading volume of 1.51 billion yuan. The financing buy-in amount for the day was 240 million yuan, while the financing repayment was 202 million yuan, resulting in a net financing buy of 37.76 million yuan [1]. - As of September 15, the total margin trading balance for Juguang Technology was 688 million yuan, with the financing balance accounting for 4.76% of the circulating market value, indicating a high level compared to the past year [1]. Group 2 - Juguang Technology, established on September 21, 2007, specializes in the research, production, and sales of high-power semiconductor laser components and optical components, with a revenue composition of 48.73% from optical products and 18.92% from semiconductor laser products [2]. - For the first half of 2025, Juguang Technology reported a revenue of 393 million yuan, reflecting a year-on-year growth of 26.20%, while the net profit attributable to shareholders was -24.94 million yuan, showing an increase of 11.30% compared to the previous period [2]. - The company has distributed a total of 65.87 million yuan in dividends since its A-share listing, indicating a commitment to returning value to shareholders [3].