证券日报网讯 9月18日晚间，德科立发布公告称，公司股票交易连续三个交易日内（2025年9月16日、 2025年9月17日、2025年9月18日）收盘价格涨幅偏离值累计超过30%，属于股票交易异常波动情形。经 公司自查并书面问询公司控股股东、实际控制人，截至本公告披露日，公司控股股东、实际控制人不存 在关于公司的应披露而未披露的重大事项或重要信息。 （编辑 姚尧） ...

Investment Rating - The report maintains an "Accumulate-A" rating for the company [2] Core Views - The company reported a revenue of 430 million yuan in the first half of 2025, representing a year-on-year growth of 5.9%, but the net profit attributable to the parent company decreased by 48.2% to 30 million yuan [4] - The decline in performance is attributed to a decrease in telecom transmission demand and insufficient release of DCI capacity [5] - The company is expected to accelerate the release of DCI capacity in the second half of the year, with projections for net profits of 90 million, 290 million, and 590 million yuan for 2025, 2026, and 2027 respectively [8] Financial Performance - The company achieved a gross margin of 26.3% in the first half of 2025, down 5.2 percentage points year-on-year [4] - The revenue from the transmission product line was 330 million yuan, a year-on-year decrease of 7.9%, while the access and data product lines saw a significant increase of 104.7% to 100 million yuan [5] - The projected revenue for 2025 is 1.177 billion yuan, with a year-on-year growth of 39.9% [10] Market Trends - The global DCI market is expected to reach over 40 billion USD in 2025, growing by 14.3% year-on-year, driven by increased demand for data center connectivity and distributed training [6] - The company has received sample orders for its silicon-based OCS optical switch, indicating potential for future mass production [7] Profitability Forecast - The report forecasts a decline in net profit for 2025, with a projected net profit margin of 7.6% [10] - The company's earnings per share (EPS) for 2025 is estimated at 0.57 yuan, with a price-to-earnings (P/E) ratio of 247.3 [10]

每日经济新闻 每经AI快讯，通信设备板块盘初走强，长飞光纤、德科立盘中创新高，鼎信通讯涨停，亨通光电、天 孚通信、烽火通信、世嘉科技、长芯博创跟涨。 ...

资料显示，无锡市德科立光电子技术股份有限公司位于江苏省无锡市新吴区科园路6号，成立日期2000 年1月31日，上市日期2022年8月9日，公司主营业务涉及光收发模块、光放大器、光传输子系统的研 发、生产和销售,产品主要应用于通信干线传输、5G前传、5G中回传、数据链路采集、数据中心互联、 特高压通信保护等国家重点支持发展领域。主营业务收入构成为：传输类75.33%，接入和数据类 23.54%，其他1.13%。 华商优势行业混合A（000390）成立日期2013年12月11日，最新规模40.55亿。今年以来收益89.34%， 同类排名131/8172；近一年收益123.83%，同类排名261/7980；成立以来收益1212.61%。 华商优势行业混合A（000390）基金经理为张明昕。 9月19日，德科立涨5.1%，截至发稿，报147.56元/股，成交5.75亿元，换手率2.47%，总市值233.57亿 元。德科立股价已经连续3天上涨，区间累计涨幅47.17%。 从德科立十大流通股东角度 数据显示，华商基金旗下1只基金位居德科立十大流通股东。华商优势行业混合A（000390）二季度新 进十大流通股东，持有股数1 ...

Group 1 - The communication equipment sector showed strong performance at the beginning of trading, with several companies reaching new highs [1] - Companies such as Changfei Fiber, Dekor, and Dingxin Communications experienced significant price increases, with Dingxin Communications hitting the daily limit [1] - Other companies including Hengtong Optic, Tianfu Communication, Fenghuo Communication, Shijia Technology, and Changxin Bochuang also saw upward movement in their stock prices [1]

上述融资客大手笔净买入的科创板股中，从最新融资余额占流通市值比例看，算术平均值为4.53%，融 资余额占比最高的是赛微微电，该股最新融资余额为4.50亿元，占流通市值的比例为9.67%，融资余额 占比较高的还有华海诚科、高测股份、沃尔德，占比分别为7.97%、7.52%、7.08%。（数据宝） | 代码 | 简称 | 最新融资余额（万 | 环比增减金额（万 | 环比增减 | 当日涨跌幅 | | --- | --- | --- | --- | --- | --- | | | | 元） | 元） | （%） | （%） | | 688205 | 德科立 | 81508.58 | 18140.55 | 28.63 | 20.00 | | 688256 | 寒武纪 | 1433038.82 | 15841.34 | 1.12 | -1.46 | | 688498 | 源杰科 技 | 84530.80 | 12349.41 | 17.11 | 3.18 | | 688062 | 迈威生 物 | 69568.99 | 11483.74 | 19.77 | 13.21 | | 688629 | 华丰科 | 95389.17 ...

Core Viewpoint - The stock of Wuxi Dekeli Optoelectronic Technology Co., Ltd. has experienced an abnormal trading fluctuation, with a cumulative closing price increase exceeding 30% over three consecutive trading days from September 16 to September 18, 2025 [2][4]. Group 1: Stock Trading Abnormality - The company's stock price closed at 140.40 yuan per share as of September 18, 2025, with a rolling price-to-earnings (P/E) ratio of 249.09, significantly higher than the industry average P/E ratio of 49.83 [2][10]. - The abnormal trading situation is in accordance with the Shanghai Stock Exchange's trading rules and monitoring guidelines [2][4]. Group 2: Company Operations and Financials - The company reported a revenue of 433.36 million yuan for the first half of 2025, a year-on-year increase of 5.93%, while the net profit attributable to shareholders decreased by 48.17% to 28.09 million yuan [5]. - The company is adopting a market prioritization strategy to stabilize revenue amid a slowdown in telecom market demand, while also exploring opportunities in the data communication market [5]. Group 3: Market and Product Developments - The company is closely monitoring advancements in OCS (Optical Circuit Switching) technology, which has gained market attention due to AI computing power demands [3][10]. - Although the company has received overseas sample orders for silicon-based OCS products, it has not yet secured bulk orders from major overseas manufacturers, indicating that large-scale application remains uncertain [3][10]. Group 4: Major Events and Shareholder Actions - As of the announcement date, the company confirmed that there are no undisclosed major events affecting stock price fluctuations, including asset restructuring or share buybacks [6][9]. - A major shareholder plans to reduce their holdings by up to 2.9957% of the total share capital, amounting to 4,741,811 shares, between September 23 and December 22, 2025 [8].

9月18日德科立(688205)收盘价140.40元，收盘涨停，全天换手率14.35%，振幅23.16%，成交额29.89亿 元。科创板交易公开信息显示，当日该股因日收盘价涨幅达15%等上榜。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交8.53亿元， 其中，买入成交额为4.44亿 元，卖出成交额为4.09亿元，合计净买入3475.79万元。具体来看，今日上榜的前五大买入营业部中，有 1家机构专用席位现身，即买三，买入金额分别为6986.10万元，沪股通为第一大买入营业部，买入金额 为15340.63万元，营业部合计买入2.21亿元。卖出营业部中，有1家机构专用席位现身，即卖四，卖出金 额分别为5383.95万元，沪股通为第一大卖出营业部，卖出金额为15109.22万元，营业部合计卖出2.04亿 元。买卖金额相抵，机构专用席位今日净买入该股1602.15万元，沪股通今日净买入该股231.41万元。 | 买入营业部名称 | 买入金额(万元) | | --- | --- | | 沪股通专用 | 15340.63 | | 华创证券有限责任公司北京西直门证券营业部 | 9173.63 | | 机构专用 | ...

9月18日德科立大宗交易一览 德科立9月18日大宗交易平台共发生4笔成交，合计成交量9.69万股，成交金额1153.11万元。成交价格均 为119.00元，相对今日收盘价折价15.24%。 证券时报·数据宝统计显示，德科立今日收盘价为140.40元，上涨20.00%，日换手率为14.35%，成交额 为29.89亿元，全天主力资金净流入3717.49万元，近5日该股累计上涨39.22%，近5日资金合计净流入 2.55亿元。 两融数据显示，该股最新融资余额为6.34亿元，近5日增加1.99亿元，增幅为45.94%。 据天眼查APP显示，无锡市德科立光电子技术股份有限公司成立于2000年01月31日。注册资本 15828.5329万人民币。（数据宝） | 成交量 | 成交金额 | 成交价 | 相对当日收盘 | | | | --- | --- | --- | --- | --- | --- | | （万 | （万元） | 格 | 折溢价（%） | 买方营业部 | 卖方营业部 | | 股） | | （元） | | | | | 4.00 | 476.00 | 119.00 | -15.24 | 中信证券股份有限公司上 | ...

Market Performance - The main board led the gains with notable stocks such as Fenghuo Communication (+10.02%), Kesen Technology (+10.01%), and Guanghe Technology (+10.01) [1] - The ChiNext board saw significant increases with Anlian Ruishi (+19.99%), Guangku Technology (+15.00%), and Longyang Electronics (+10.26%) [1] - The Sci-Tech Innovation board was led by Dekeli (+20.00%), Huicheng Co. (+14.16%), and Zhongwei Company (+11.43%) [1] - Active sub-industries included SW Communication Cables and Accessories (+5.44%) and SW Semiconductor Equipment (+5.28%) [1] Domestic News - Shangle Electronics announced plans to acquire an 88.79% stake in Ligong Technology through its wholly-owned subsidiary, aiming for a "1+1>2" synergy effect to enhance competitiveness [1] - Xingchen Technology revealed that it has chips suitable for AI glasses already shipped to end customers and is in discussions with various clients [1] - Jiangbolong reported over 80 million units of its main control chips deployed by the end of July, with continued rapid growth expected [1] - Huawei's rotating chairman announced the launch timeline for its Ascend chips, with the Ascend 950PR expected in Q1 2026 [1] Company Announcements - Zhejiang Shusu Culture announced a cash dividend of 0.08 yuan per share, totaling approximately 101.45 million yuan [3] - Focus Technology declared a cash dividend of 6 yuan for every 10 shares, based on a total share capital of approximately 317.24 million shares [3] - Yake Technology announced a cash dividend of 3.20 yuan for every 10 shares, totaling around 152.30 million yuan [3] - Yunzhu Technology reported receiving government subsidies amounting to 20.12 million yuan [3] Overseas News - According to DigiTimes, NAND and DRAM contract prices are expected to rise by 15-20% in Q4 2025, driven by AI infrastructure and supply constraints [4] - Reports indicate that Apple plans to launch the "iPhone Ultra" foldable phone in H2 2026, with initial shipment targets between 7 million and 10 million units [4] - Meta launched the new generation of smart glasses, Meta Ray-Ban Display, featuring high-resolution displays for various functionalities [4] - Schaeffler's inverter brick, equipped with Rohm's SiC MOSFET, has begun mass production, supporting higher battery voltages for electric vehicles [4]