Investment Rating - The report maintains a "Buy" rating for multiple companies in the communication sector, including Huadian Co., Meige Intelligent, and China Mobile, among others [1]. Core Insights - Significant advancements have been made in quantum computing architecture in China, with a promising market outlook. The AshN quantum instruction set architecture has been developed, which allows for direct programming of arbitrary two-qubit gates, enhancing efficiency and reducing error accumulation [2][21]. - The commercial aerospace sector is witnessing accelerated developments, particularly with the successful launch of low-orbit satellites, indicating strong investment opportunities in this area [3][36]. Summary by Sections Quantum Computing - The IDC predicts that the quantum computing market will reach $1.1 billion in sales in 2022, growing at a compound annual growth rate (CAGR) of 48.1%, reaching $7.6 billion by 2027. Investment in the quantum computing market is expected to grow at an 11.5% CAGR, nearing $16.4 billion by the end of 2027 [3][35]. - The AshN architecture developed by Tsinghua University and Beijing Quantum Information Science Research Institute significantly improves the performance of superconducting quantum chips by reducing the number of gate operations required [2][22]. Commercial Aerospace - The successful launch of the low-orbit satellite group by the China Academy of Space Technology marks a significant milestone in the development of satellite internet, with plans for extensive satellite constellations [3][36]. - The report highlights the ongoing acceleration of satellite internet deployment, with multiple launches scheduled for 2025-2026, indicating a robust growth trajectory for the commercial aerospace sector [6][55]. Market Performance - The communication sector index rose by 7.66% during the week of August 11-15, 2025, outperforming the CSI 300 index, which increased by 2.37% [11]. - The report recommends several companies for investment, including China Mobile, China Telecom, and various technology firms involved in satellite internet and quantum computing [20].

Group 1 - The core viewpoint of the article highlights the movements of social security funds in the stock market, particularly their investments in eight stocks on the Sci-Tech Innovation Board, with a total holding of 30.19 million shares valued at 1.364 billion yuan [1] - Social security funds increased their holdings in five stocks, entered one new stock, and reduced their holdings in one stock, while one stock's holding remained unchanged [1] - The stocks with the highest holdings by social security funds include Nanwei Medical and Kaili New Materials, with holdings of 9.1785 million shares and 6.3642 million shares, respectively [1][3] Group 2 - In terms of performance, eight stocks held by social security funds reported year-on-year net profit growth in the first half of the year, with the highest growth seen in Rongzhi Rixin at 14.2355 million yuan, reflecting a staggering increase of 2063.42% [2] - The social security funds' holdings are primarily concentrated in the pharmaceutical and basic chemical industries, with two stocks from each sector appearing on the list [3] - Since July, the average increase in the stocks held by social security funds on the Sci-Tech Innovation Board has been 25.90%, with Dingtong Technology showing the highest cumulative increase of 75.47% [3]

Group 1 - The core viewpoint of the news is that Ding Tong Technology (688668) has shown significant stock performance and financial growth, with a notable increase in revenue and net profit [1][3] - As of August 13, 2025, Ding Tong Technology's stock closed at 115.36 yuan, reflecting a 13.1% increase, with a trading volume of 111,200 hands and a transaction amount of 1.199 billion yuan [1] - The company reported total revenue of 785 million yuan for the first half of 2025, representing a year-on-year growth of 73.51%, and a net profit of 115 million yuan, up 134.06% year-on-year [1] Group 2 - Ding Tong Technology has a current liquidity ratio of 3.505 and a quick ratio of 2.653, indicating strong short-term financial health [1] - The company's debt-to-asset ratio stands at 21.22%, suggesting a low level of financial leverage [1] - The company has made investments in four external enterprises and has participated in 17 bidding projects, showcasing its active engagement in business development [2]

Market Overview - On August 13, the communication equipment sector rose by 6.06% compared to the previous trading day, with Guangku Technology leading the gains [1] - The Shanghai Composite Index closed at 3683.46, up 0.48%, while the Shenzhen Component Index closed at 11551.36, up 1.76% [1] Top Gainers in Communication Equipment Sector - Guangku Technology (300620) closed at 79.30, up 20.01% with a trading volume of 281,600 shares and a transaction value of 2.204 billion [1] - Xinyi Technology (300502) closed at 236.56, up 15.45% with a trading volume of 601,100 shares and a transaction value of 13.529 billion [1] - Dingtong Technology (688668) closed at 115.36, up 13.10% with a trading volume of 111,200 shares [1] - Other notable gainers include Zhongji Xuchuang (300308) up 11.66%, Jiexun Feihong (300213) up 10.79%, and Tefa Information (000070) up 10.02% [1] Market Capital Flow - The communication equipment sector saw a net inflow of 2.48 billion from institutional investors, while retail investors experienced a net outflow of 6.38 billion [2] - The top stocks by net inflow from institutional investors include Tianfu Communication (300394) with a net inflow of 619 million, and ZTE Corporation (000063) with a net inflow of 313 million [3] Underperformers in Communication Equipment Sector - Dayhai Intelligent (002313) closed at 12.81, down 5.67% with a trading volume of 907,500 shares and a transaction value of 1.187 billion [2] - ST Gaohong (000851) closed at 1.90, down 5.00% with a trading volume of 13,900 shares [2] - Other underperformers include Cheng Tian Wei Ye (300689) down 4.73% and ST Lu Tong (300555) down 1.67% [2]

截至8月13日收盘，铜缆高速连接概念上涨2.67%，位居概念板块涨幅第6，板块内，37股上涨，金田股 份、博威合金等涨停，鼎通科技、胜蓝股份、太辰光等涨幅居前，分别上涨13.10%、12.85%、6.64%。 跌幅居前的有奕东电子、凯旺科技、盛洋科技等，分别下跌5.00%、0.98%、0.09%。 今日涨跌幅居前的概念板块 | 300814 | 中富电 | 4.97 | 10.82 | 5028.20 | 6.21 | | --- | --- | --- | --- | --- | --- | | | 路 | | | | | | 300252 | 金信诺 | 2.15 | 12.44 | 4681.49 | 5.59 | | 688668 | 鼎通科 | 13.10 | 7.99 | 3903.47 | 3.26 | | | 技 | | | | | | 002902 | 铭普光 | 3.54 | 17.72 | 3670.50 | 5.17 | | | 磁 | | | | | | 300913 | 兆龙互 连 | 2.75 | 6.50 | 3608.41 | 4.19 | | 000818 | 航锦科 技 ...

Group 1 - The copper cable high-speed connection concept has shown strong fluctuations, with notable stock performances observed on August 13 [1] - Jin Tian Co., Ltd. reached the daily limit increase, while Shenglan Co., Ltd. and Dingdao Technology both rose over 10% [1] - Other companies such as Bo Wei Alloy and Changxin Bochuang also experienced significant gains, indicating a positive trend in the sector [1] Group 2 - The stock performance data shows Shenglan Co., Ltd. with a rise of 12.28% and Dingdao Technology with an increase of 11.05% [2] - Bo Wei Alloy and other companies like Xin Ya Electronics and Changxin Bochuang also reported gains, with increases around 10% [2] - The overall market sentiment appears to be favorable for companies involved in the copper cable high-speed connection sector [2]

财报季，社保基金持股动向曝光！二季度末社保基金共现身6只个股前十大流通股东榜，增持4只。 社保基金持有的科创板股 | 代码 | 简称 | 社保基金家 | | 社保基金持股量（万 | 环比 | 占流通股比例 | 持股市值（万 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 数 | | 股） | （%） | （%） | 元） | | 688029 | 南微医 学 | 3 | 917.85 | | 30.68 | 4.89 | 62000.73 | | 688475 | 萤石网 络 | 1 | 433.80 | | 20.90 | 1.06 | 13673.37 | | 688267 | 中触媒 | 1 | 320.00 | | 新进 | 3.45 | 9209.60 | | 688768 | 容知日 新 | 1 | 195.00 | | 38.30 | 2.25 | 8656.05 | | 688668 | 鼎通科 技 | 1 | 110.20 | | 37.75 | 0.79 | 6883.20 | | 688368 | 晶丰明 源 | 1 | ...

东莞市鼎通精密科技股份有限公司 股东询价转让结果报告书暨持股 5%以上股东权益变动 触及 1%整数倍的提示性公告 东莞市鼎宏骏盛投资有限公司（以下简称"转让方"或"鼎宏骏盛"）保证向 东莞市鼎通精密科技股份有限公司（以下简称"鼎通科技"或"公司"）提供的信 息内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其真实性、准确性和 完整性依法承担法律责任。本公司及董事会全体成员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: 序号 股东名称 持股数量（股） 持股比例 本次询价转让的出让方鼎通科技为公司控股股东，为公司实际控制人、董事长、 总经理王成海控制的企业，为公司实际控制人的一致行动人。公司实际控制人王成 海、罗宏霞通过鼎宏骏盛间接持有公司股份。鼎宏骏盛及其一致行动人合计持股比 例超过总股本 5%。 证券代码：688668 证券简称：鼎通科技 公告编号：2025-039 （四）转让方未能转让的原因及影响 （二）转让方一致行动关系及具体情况说明 本次询价转让的转让方鼎宏骏盛、新余鼎宏新投资合伙企业（有限合伙）、新 余鼎为投资合伙企业（有限合伙）均系公司实际控制人、董事长、总经理王成海控 制的企业 ...

证券代码：688668 证券简称：鼎通科技 公告编号：2025-039 东莞市鼎通精密科技股份有限公司 股东询价转让结果报告书暨持股 5%以上股东权益变动 触及 1%整数倍的提示性公告 东莞市鼎宏骏盛投资有限公司（以下简称"转让方"或"鼎宏骏盛"）保证向 东莞市鼎通精密科技股份有限公司（以下简称"鼎通科技"或"公司"）提供的信 息内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其真实性、准确性和 完整性依法承担法律责任。本公司及董事会全体成员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: 一、转让方情况 （一）转让方基本情况 本次询价转让的价格为76.72元/股，转让的股票数量为4,176,000股。 公司控股股东、实际控制人、董事及高级管理人员参与本次询价转让。 本次权益变动为询价转让。本次转让不会导致公司控股股东、实际控制 人发生变化。 本次权益变动后，转让方鼎宏骏盛及其一致行动人持有公司股份比例由 49.66%减少至46.66%，持有公司权益比例变动触及 1%的整数倍。 本次询价转让的出让方鼎通科技为公司控股股东，为公司实际控制人、董事长、 总经理王成海控制的企业，为公司实际控制人的 ...

中信证券股份有限公司 关于东莞市鼎通精密科技股份有限公司 股东向特定机构投资者询价转让股份的核查报告 上海证券交易所： 中信证券股份有限公司（以下简称"中信证券"或"组织券商"）受委托担任东莞 市鼎宏骏盛投资有限公司（以下简称"转让方"）以向特定机构投资者询价转让（以下 简称"询价转让"）方式减持所持有的东莞市鼎通精密科技股份有限公司（以下简称"公 司"或"鼎通科技"）首次公开发行前已发行股份的组织券商。 经核查，中信证券就本次询价转让的股东、受让方是否符合《上海证券交易所科创 板上市公司自律监管指引第 4 号——询价转让和配售（2025 年 3 月修订）》（以下简 称"《询价转让和配售指引》"）要求，本次询价转让的询价、转让过程与结果是否公 平、公正，是否符合《询价转让和配售指引》的规定作出如下报告说明。 一、本次询价转让概况 （一）本次询价转让转让方 截至 2025 年 7 月 31 日，转让方所持公司首发前股份的数量及占公司总股本比例情 况如下： | 序号 | 股东名称 | 持股数量（股） | 持股比例 | | --- | --- | --- | --- | | 1 | 东莞市鼎宏骏盛投资有限公司 | ...