Investment Rating - The communication industry is rated as "Positive" with expectations for the industry index to outperform the market index by over 5% in the next six months [50]. Core Insights - The communication sector has shown resilience with a 1.71% increase from March 16 to March 20, 2026, outperforming the CSI 300 index, which fell by 2.19% during the same period [3][13]. - The OFC 2026 conference highlighted a significant shift in the industry, with AI computing needs driving technological advancements and reshaping the competitive landscape [4][5][41]. - The Chinese optical communication sector has transitioned from a "follower" to a "leader" in global markets, particularly in high-speed optical modules and packaging technologies, marking a historic leap in the industry [41][44][47]. Summary by Sections Communication Industry Market Review - The communication sector's cumulative increase for 2026 stands at 7.84%, ranking fifth among major industry sectors [3][13]. - As of March 20, the sector's PE TTM is 27.7 times, positioned at the 39.02 percentile [13][14]. Industry News - The OFC 2026 conference attracted over 800 companies from more than 40 countries, with over 30,000 professionals attending, marking the largest scale in five years [4][40]. - The conference showcased a fundamental shift towards AI-driven optical interconnect technologies, with over 90% of new products and presentations focused on AI data center interconnects [41][42]. Investment Recommendations - The communication industry is advised to maintain a cautiously optimistic outlook, focusing on operators with sustained profit growth and enhanced network value, as well as optical communication companies benefiting from traffic growth and computing networks [6][48].

证券代码：000070 证券简称：特发信息 公告编号：2026-15 深圳市特发信息股份有限公司 关于注销已回购股份减少注册资本暨通知债权人的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 本次公司注销已回购股票将涉及公司注册资本减少，根据《中华 人民共和国公司法》等相关法律法规的规定，公司特此通知债权人， 自本公告之日起四十五日内，债权人有权要求本公司清偿债务或者提 供相应担保。公司各债权人如要求本公司清偿债务或者提供相应担保 的，应根据《中华人民共和国公司法》等相关法律法规的规定，向公 司提出书面要求，并随附相关证明文件。债权人未在规定期限内行使 一、通知债权人原因 深圳市特发信息股份有限公司（以下简称公司）分别于 2026 年 2月 26日及2026年3月16日召开董事会第九届二十八次会议及2026 年第一次临时股东会，审议通过了《关于变更回购股份用途并注销的 议案》。 公司于 2022 年 5 月 12 日召开 2022 年第一次临时股东大会，审 议通过《回购公司股份方案的议案》，同意公司以不低于人民币 1 亿 元（含）且不超过人民币 2 亿元（ ...

本公司及董事会全体成员保证信息披露的内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 证券代码：000070 证券简称：特发信息 公告编号：2026-14 深圳市特发信息股份有限公司 2026年第一次临时股东会决议公告 特别提示： 1.本次股东会的议案全部获得通过，未出现否决议案的情形； 2.本次股东会不涉及变更以往股东会已通过的决议。 一、会议的召开和出席情况 1.会议召开情况 （1）会议时间： 现场会议召开时间：2026 年 3 月 16 日 14:50； 网络投票起止时间：2026 年 3 月 16 日 其中：通过深圳证券交易所交易系统进行网络投票的具体时间为： 2026 年 3 月 16 日上午 9:15-9:25，9:30-11:30 和 13:00-15:00；通 过深圳证券交易所互联网投票系统进行网络投票的具体时间为：2026 年 3 月 16 日上午 9:15－15:00 期间的任意时间； （2）现场会议召开地点：深圳市南山区高新区中区科丰路 2 号 特发信息港大厦 B 栋 18 楼公司会议室； （3）召开方式：现场记名投票与网络投票相结合的方式； （3）网络投票情况 通过网络投票 ...

北 京 大 成 （ 深 圳 ） 律 师 事 务 所 关 于 深 圳 市 特 发 信 息 股 份 有 限 公 司 二 〇 二 六 年 第 一 次 临 时 股 东 会 的 法 律 意 见 书 北京大成（深圳）律师事务所 www.dachenglaw.com 深圳市福田区深南大道 1006 号国际创新中心 A 栋 3 层、4 层、12 层（邮编：518026） 3F&4F&12F, Block A, Shenzhen International Innovation Center, No.1006 Shennan Boulevard, Futian District, Shenzhen, 518026, P.R.China Tel: +86 755 2622 4888/4999 Fax: +86 755 2622 4100/4000 关于深圳市特发信息股份有限公司 2026 年第一次临时股东会的法律意见书 致：深圳市特发信息股份有限公司 根据《中华人民共和国证券法》（以下简称"《证券法》"）、《中华人民 共和国公司法》（以下简称"《公司法》"）和中国证券监督管理委员会《上市 公司股东会规则》（2025.03.28 ...

（一）合规目标：确保公司所有经营活动均遵循国家有关法 律法规和公司内部规章制度； （二）经营目标：致力于提升经营效率与效果，强化风险防 范能力，保障资产安全，促进公司实现发展战略； （三）报告目标：确保财务报告及相关信息披露真实、准确、 完整、及时和公平。 第五条 内部控制制度应遵循的原则 深圳市特发信息股份有限公司 内部控制制度 第一章 总 则 第一条 为了加强和规范深圳市特发信息股份有限公司（以 下简称公司）内部控制管理，提高经营效率和盈利水平，增强财 务信息可靠性，维护公司资产安全防范和化解各类风险，提升公 司经营管理水平，保证国家法律法规切实得到遵守，根据《企业 内部控制基本规范》及配套指引、《深圳证券交易所上市公司自律 监管指引第 1 号——主板上市公司规范运作（2025 年修订）》等 法律法规规范性文件和《公司章程》，结合公司实际，制定本制度。 第二条 本制度适用于公司及事业部、公司所属各分子公司 （以下简称所属企业）。 第三条 本制度所称内部控制，是指由公司董事会、经理层 和全体员工实施的、旨在实现控制目标的过程。 第四条 公司内部控制的目标 （一）全面性原则。内部控制应贯穿决策、执行和监督全过 ...

本公司及董事会全体成员保证信息披露的内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 董事会第九届二十九次会议决议公告 深圳市特发信息股份有限公司 深圳市特发信息股份有限公司（以下简称公司）董事会于 2026 年 3 月 11 日以通讯方式召开第九届二十九次会议。公司于 2026 年 3 月 6 日以书面方式发出会议通知。应参加表决董事 9 人，实际参加表 决董事 9 人。会议通知、议案及相关资料已按照规定的时间与方式送 达全体董事。本次会议的召开符合《公司法》、本公司《章程》和《董 事会议事规则》。会议对以下议案做出决议： 证券代码：000070 证券简称：特发信息 公告编号：2026-13 三、审议通过《关于向中国银行股份有限公司深圳市分行申请 7 亿元授信的议案》 同意公司向中国银行股份有限公司深圳市分行申请授信额度 7 亿元，担保方式为信用，授信到期日为 2027 年 2 月 11 日。 具体授信额度及期限以与中国银行股份有限公司深圳市分行实 际签署的协议为准。 特此公告。 深圳市特发信息股份有限公司董事会 2026 年 3 月 13 日 一、审议通过《关于控股子公司西安特发千喜内部借款展 ...

Core Viewpoint - China Telecom has announced an emergency procurement project for fiber optic cables in its Guangdong branch for Q1 2026, indicating a significant price increase in the fiber optic market, with the maximum price for GJYXFCH-1 core cable set at 310 yuan per kilometer, reflecting a 45.36% increase from previous prices [1][2]. Group 1: Procurement Details - The procurement focuses on FTTH butterfly-shaped fiber optic cables, with a maximum response price of 1,726,955.49 yuan for the project [2]. - The previous maximum price for GJYXFCH-1 core cable was 213.27 yuan per kilometer, highlighting a substantial price increase in the current procurement [2]. Group 2: Market Trends - The demand for fiber optic cables is increasing, with operators raising procurement prices; for instance, China Telecom's procurement prices for G.652.D cables have risen by over 31% year-on-year, with some prices increasing by as much as 64.29% [3]. - The price of G.652.D fiber has exceeded 50 yuan per core kilometer, compared to 20 yuan in November 2025 and 35.6 yuan in January 2026, indicating a robust market [3]. Group 3: Industry Outlook - The fiber optic market is experiencing sustained price increases due to rapid growth in AI and computing networks, with a projected global demand increase of 4.1% for fiber optic cables by 2025, and a 75.9% increase in data center fiber cable demand [4]. - Supply constraints are expected to persist due to the long expansion cycle for optical fiber preform, which is approximately two years, suggesting continued price potential for fiber optic cables [4]. Group 4: Key Companies - The report highlights several core manufacturers in the fiber optic cable sector, including Zhongtian Technology, Hengtong Optic-Electric, Yangtze Optical Fibre and Cable, TeFa Information Technology, Yongding Co., and FiberHome Technologies [5].

Group 1 - The top 20 stocks with significant capital inflow include Zhongji Xuchuang (1.706 billion), BYD (1.590 billion), and Xinyi Sheng (1.447 billion) [1] - Zhongji Xuchuang experienced a price increase of 6.74%, while BYD rose by 4.4% [2] - The defense sector shows strong performance with Lei Ke Defense and China Satellite increasing by 10.02% and 6.52% respectively [2] Group 2 - Other notable stocks include Feilong Co. (10% increase), Dongshan Precision (4.01% increase), and Hengtong Optic-Electric (6.36% increase) [2][3] - The energy sector is represented by TBEA (3.1% increase) and Changjiang Electric Power (2.04% increase) [2] - Agricultural Bank saw a modest increase of 1.88% with a capital inflow of 3.17 billion [3]

Core Insights - The main focus of the news is the significant inflow of capital into various stocks, indicating strong investor interest in specific sectors and companies. Group 1: Stock Performance and Capital Inflow - BYD saw a capital inflow of 1.427 billion, with a price increase of 3.55% [1][2] - China Satellite experienced a capital inflow of 0.797 billion, with a price increase of 7.71% [1][2] - Aerospace Rainbow had a capital inflow of 0.346 billion, with a price increase of 9.99% [1][2] - The stock with the highest capital inflow was BYD, followed by China Satellite and Raytheon Defense [1][2] Group 2: Sector Analysis - The automotive sector, represented by BYD and Feilong Co., showed strong performance with inflows of 1.427 billion and 0.493 billion respectively [1][2] - The defense sector, including China Satellite and Raytheon Defense, also attracted significant capital, with inflows of 0.797 billion and 0.730 billion respectively [1][2] - The communication sector, represented by companies like Hengtong Optic-Electric and Tianfu Communication, saw inflows of 0.504 billion and 0.233 billion respectively [1][2][3]

Core Viewpoint - Shenzhen Tefa Information Co., Ltd. has decided to change the purpose of its repurchased shares from employee stock ownership plans to cancellation and reduction of registered capital, aiming to enhance long-term investment value and boost investor confidence [10][11]. Group 1: Share Repurchase and Cancellation - The board approved the change of purpose for 31,951,811 shares from "for employee stock ownership plans" to "for cancellation and reduction of registered capital" [10][11]. - Following the cancellation, the total share capital will decrease from 900,344,760 shares to 868,392,949 shares, and registered capital will reduce from RMB 900,344,760 to RMB 868,392,949 [4][12]. - The repurchase was initially approved in May 2022, with a budget of between RMB 100 million and RMB 200 million, and a maximum price of RMB 7.33 per share [11]. Group 2: Board Meeting and Voting - The board meeting held on February 26, 2026, had all 9 directors present, and all resolutions were passed unanimously [2][3]. - The proposals will be submitted to the shareholders' meeting for approval, including the amendment of the company's articles of association [3][6]. - The first extraordinary shareholders' meeting of 2026 is scheduled for March 16, 2026, with specific voting procedures outlined [17][20].