Core Viewpoint - The CPO (Co-Packaged Optics) concept stocks in the A-share market have experienced a significant surge, with multiple companies reaching historical highs, driven by advancements in optical integration technology and increasing demand from AI-driven data centers and transmission networks [1][2]. Group 1: Market Performance - Companies such as Robotech (罗博特科) saw a rise of over 17%, while Juguang Technology (炬光科技) and Hengtong Optic-Electric (亨通光电) also performed strongly, with increases exceeding 10% [1]. - Notable stock performances include: - Robotech: 17.82% increase, market cap of 69.9 billion - Juguang Technology: 10.92% increase, market cap of 25.4 billion - Hengtong Optic-Electric: 4.88% increase, market cap of 90.2 billion [2]. Group 2: CPO Technology Overview - CPO technology integrates network switching chips and optical modules into a single slot, significantly reducing the physical distance between them, which enhances data transmission speed and reduces signal loss [1]. - This technology is expected to optimize data interaction efficiency compared to traditional hot-swappable modules and LPO (Linear Pluggable Optics) technology [1]. Group 3: Market Projections - According to CignalAI, the revenue for the optical module market is projected to exceed $18 billion by 2025, with coherent optical modules expected to reach nearly $6 billion [1]. - By 2029, the market size for 400G and above optical modules is anticipated to approach $30 billion [1].

Group 1 - The semiconductor sector is experiencing significant activity, with JunDa Co., Ltd. hitting the daily limit up [1] - JuGuang Technology and Optech both saw their stock prices increase by over 12% [1]

2026年1月19日至2026年1月30日，炬光科技加权均价为201.64元，以此计算，刘兴胜及其一致行动人本次 减持套现约1.97亿元。 | 投资者名 | 变动前股 | 变动前比 | 变动后股 | 变动后 | 权益变动方 | 权益变动 | 资金来源 | | --- | --- | --- | --- | --- | --- | --- | --- | | 称 | 数 | 例 (%) | 数 | 出例 | 式 | 的时间区 | (仅增持 | | | (万股) | | (万股) | (%) | | 间 | 填写) | | 发生直接持股变动的主体: | | | | | | | | | 宋涛 | 9.4477 | 0.11 | 1.4484 | 0.02 | 集中竞价、大 | 2026/1/22- | 不适用 | | | | | | | 宗交易 | 2026/1/30 | | | 延缓斌 | 6.7128 | 0.07 | 0 | 0 | 集中竞价、大 | 2026/1/19 | 不适用 | | | | | | | 宗交易 | 2026/1/29 | | | 李小宁 | 0.1680 | 0.00 | 0 | 0 ...

炬光科技涨1.57%，报255.94元/股，股价再创新高，总市值突破229.98亿元，成交额达7548.97万元。 （AI生成） 炬光科技涨1.57%，报255.94元/股，股价再创新高，总市值突破229.98亿元，成交额达7548.97万元。 （AI生成） ...

Core Insights - The Chinese LiDAR industry is characterized by a limited number of publicly listed companies, with a significant presence in the upstream and downstream supply chain [1] - Key players in the LiDAR manufacturing sector include Wanji Technology, Zhonghaidah, Yongxin Optical, and Juguang Technology [1] Company Overview - The listed companies in the LiDAR industry are summarized, highlighting their roles in the supply chain, such as PCB production, chip design, and ADAS calibration [2][4] - Wanji Technology and Hesai are noted for their strong market positions in vehicle-grade LiDAR products, while Zhonghaidah leads in ground and airborne LiDAR systems [12][18] Financial Performance - In the first three quarters of 2025, major LiDAR companies reported revenues exceeding 600 million yuan, with Hesai Technology achieving the highest gross margin of 42.16% [14] - Wanji Technology reported a revenue of 6.91 million yuan from its vehicle-grade LiDAR segment [6] Business Strategies - Companies are focusing on expanding their product offerings and enhancing performance in the LiDAR sector, with plans for international expansion and collaboration with automotive manufacturers [18] - Wanji Technology aims to improve product performance in traffic and industrial service robots while investing in semi-solid-state LiDAR technology [18] Market Distribution - The majority of LiDAR companies in China are concentrated in the southeastern coastal regions, particularly Guangdong and Jiangsu, with over 500 and 400 companies respectively [8][9] Competitive Landscape - Wanji Technology has the highest number of patents and employees among LiDAR companies, indicating a strong focus on innovation and workforce [12][13] - The competitive landscape includes companies like Juguang Technology, which focuses on high-power semiconductor laser products, and Hesai, which offers a diverse range of LiDAR solutions for various applications [12][18]

盘后数据显示，1月30日龙虎榜中，共45只个股出现了机构的身影，有24只股票呈现机构净买入，21只 股票呈现机构净卖出。 | 宏力达 | 16.90% | 1723.81 | | --- | --- | --- | | 杰普特 | 20.00% | 1634.63 | | 商络电子 | 3.13% | 1521.44 | | 黄河旋风 | -10.03% | 1456.48 | | 高层温州 | 10.01% | 1172.67 | | 电声股份 | 19.98% | 855.73 | | 世纪恒通 | 4.56% | 252.52 | | 美邦科技 | 2.76% | -273.53 | | 茂业商业 | 10.03% | -294.83 | | 准油股份 | -0.54% | -303.42 | | 中金岭南 | -9.94% | -644.82 | | 流金科技 | 0.77% | -872.12 | | 飞南资源 | -15.32% | -1144.58 | | 思看科技 | 20.00% | -1547.37 | | 科力股份 | -14.39% | -1563.03 | | 致尚科技 | 20.0 ...

格隆汇1月30日丨炬光科技(688167.SH)公布，2026年1月30日，公司收到刘兴胜出具的《股份减持计划 实施结果告知函》，在本次减持计划期间，刘兴胜通过集中竞价交易方式累计减持公司股份24.08万 股，本次减持计划已实施完毕。 ...

证券代码：688167 证券简称：炬光科技 公告编号：2026-009 西安炬光科技股份有限公司 股东减持股份结果公告 减持计划的实施结果情况 2025 年 12 月 20 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》（公告编号：2025-094），刘兴胜拟通过集中竞价交易方式减持不 超过 240,840 股，即不超过公司总股本的 0.2680%。 2026 年 1 月 30 日，公司收到刘兴胜出具的《股份减持计划实施结果告知函》， 在本次减持计划期间，刘兴胜通过集中竞价交易方式累计减持公司股份 240,840 股，本次减持计划已实施完毕。 现将减持计划实施结果情况公告如下： 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。 | 股东名称 | 刘兴胜 | | | | --- | --- | --- | --- | | | 控股股东、实控人及一致行动人 | √是 | □否 | | 股东身份 | 直接持股 5%以上股东 | √是 | □否 | | | 董事、监事和高级管理人员 | √是 | □否 ...

证券代码：688167 证券简称：炬光科技 公告编号：2026-010 本公司董事会及全体董事保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： | 权益变动方向 | 比例增加□ | | 比例减少 | | --- | --- | --- | --- | | 权益变动前合计比例 | 15.00% | | | | 权益变动后合计比例 | 13.91% | | | | 本次变动是否违反已作出的承 诺、意向、计划 | 是□ | 否 | | | 是否触发强制要约收购义务 | 是□ | 否 | | 一、 信息披露义务人及其一致行动人的基本信息 1、身份类别 | |  | 控股股东/实际控制人及其一致行动人 | | --- | --- | --- | | | □ | 其他 5%以上大股东及其一致行动人 | | 投资者及其一致行动人的身份 | □ | 合并口径第一大股东及其一致行动人（仅适 | | | | 用于无控股股东、实际控制人） | | | □ | 其他______________（请注明） | 2、信息披露义务人信息 西安炬光科技股份有限公司 关于控股股东、实际控制人及其一致行动人 权益变动触及 1 ...

Group 1 - The semiconductor sector experienced a rise of 0.91% on January 30, with Juguang Technology leading the gains [1] - The Shanghai Composite Index closed at 4117.95, down 0.96%, while the Shenzhen Component Index closed at 14205.89, down 0.66% [1] - Juguang Technology's stock price increased by 16.77% to 251.98, with a trading volume of 76,300 shares and a transaction value of 1.79 billion [1] Group 2 - The semiconductor sector saw a net outflow of 3.441 billion from institutional funds, while retail investors contributed a net inflow of 3.083 billion [2] - Notable declines included Ashi Chuang, which fell by 11.08% to 36.84, and Hangyu Micro, which decreased by 8.60% to 22.95 [2] - The trading volume for Ashi Chuang was 235,800 shares, with a transaction value of 884 million [2] Group 3 - Key stocks with significant net inflows from retail investors included Beijing Junzheng with a net inflow of 212 million, and Saimicroelectronics with 208 million [3] - Conversely, major stocks like Lanke Technology and Chuangxin Technology experienced substantial net outflows from institutional funds [3] - The overall market sentiment reflected a mixed response, with some stocks gaining while others faced declines in both institutional and retail investments [3]