国泰中证全指通信设备ETF（515880）成立日期2019年8月16日，最新规模115.52亿。今年以来收益 92.14%，同类排名5/4216；近一年收益73.53%，同类排名9/3937；成立以来收益161.94%。 国泰中证全指通信设备ETF（515880）基金经理为艾小军。 截至发稿，艾小军累计任职时间11年307天，现任基金资产总规模1690.29亿元，任职期间最佳基金回报 260.55%， 任职期间最差基金回报-46.54%。 11月12日，通宇通讯跌5.08%，截至发稿，报19.06元/股，成交2.92亿元，换手率4.53%，总市值100.05 亿元。 资料显示，广东通宇通讯股份有限公司位于广东省中山市火炬开发区东镇东二路1号，成立日期1996年 12月16日，上市日期2016年3月28日，公司主营业务涉及从事基站天线,微波天线,射频器件,光模块产品 及能源换电柜,充电柜产品的研发、生产及销售。主营业务收入构成为：基站天线57.09%，微波天线 22.39%，射频器件12.77%，卫星通讯4.90%，其他2.18%，光模块0.67%。 从通宇通讯十大流通股东角度 数据显示，国泰基金旗下1只基金位 ...

根据蓝箭航天公开信息，蓝箭航天"朱雀三号"遥一运载火箭，顺利完成首飞任务的第一阶段工作——加 注合练及静态点火试验。后续将按计划开展垂直状态操作演练，随后返回技术区，为正式入轨发射及一 子级回收开展各项准备。 11月10日，通宇通讯在投资者互动平台表示，公司于2024年底出资3000万元参股卫星核心零部件企业鸿 擎科技，强化卫星互联网上游关键部件布局，公司与蓝箭航天同为鸿擎科技股东，参股鸿擎科技以来双 方一直保持密切沟通。 ...

截至11月10日收盘，铜缆高速连接概念下跌1.50%，位居概念板块跌幅榜前列，板块内，鼎通科技、中 富电路、汇绿生态等跌幅居前，股价上涨的有11只，涨幅居前的有航锦科技、中航光电、通宇通讯等， 分别上涨3.15%、1.20%、1.18%。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 乳业 | 4.36 | 同花顺果指数 | -1.56 | | 培育钻石 | 3.46 | 铜缆高速连接 | -1.50 | | 白酒概念 | 3.01 | 无线充电 | -1.26 | | 天津自贸区 | 2.97 | 超导概念 | -1.24 | | 免税店 | 2.76 | 汽车热管理 | -1.15 | | 预制菜 | 2.65 | PEEK材料 | -1.07 | | 金属铅 | 2.53 | 富士康概念 | -0.99 | | 磷化工 | 2.48 | 中船系 | -0.98 | | 啤酒概念 | 2.48 | 高压快充 | -0.97 | | 小红书概念 | 2.46 | 减速器 | -0.84 | （文章来源：证 ...

协创数据（300857）今年前三季度研发投入2.30亿元，相较于上年同期大幅增长约8350万元。 今年完成上市的影石创新前三季度研发费用、营销费用同比双双提升。 扬子晚报网11月10日讯（记者 范晓林 薄云峰）截至11月7日18时，共有418家上市公司披露机构投资者 调研记录。其中安集科技、天合光能、通宇通讯（002792）等上市公司接待百家以上的机构。从调研内 容来看，三季度经营成果解读、四季度潜在机遇以及对"十五五"规划建议所带来的发展前景分析，是机 构本周关注的焦点内容。 安集科技市值334.60亿元。 从赚钱效应看，近五成机构调研公司实现正收益，其中涨幅居前的个股为隆达股份、中信金属 （601061）、常宝股份（002478）、中富电路（300814）、双杰电气（300444）、英方软件等，涨幅均 为30%左右。 天合光能市值484.47亿元。 三季报披露后，上市公司从三季报中展现的经营趋势是本周的关注焦点，其中财报中研发投入的增长因 指向未来的新发展方向尤其受到关注。 通宇通讯市值107.93亿元。 蔚蓝生物（603739）前三季度研发投入同比增长23.29%，在行业中保持较高水平。 随着2025年 ...

格隆汇11月10日丨通宇通讯(002792.SZ)在投资者互动平台表示，公司目前生产经营情况一切正常，各 项业务有序开展。公司目前正围绕卫星互联网方向，积极布局卫星通信业务，持续加强相关产品研发与 技术布局。现已构建了覆盖"星—地—端"三大应用场景的产品体系。 当前，国家正加速推进卫星互联 网组网建设。基于在卫星通信领域的技术积累和全面产品布局，公司有望在未来三年持续保持竞争优 势。公司将继续聚焦卫星通信核心业务，积极参与国家卫星互联网基础设施建设，助力实现业务持续增 长与竞争力进一步提升。 ...

格隆汇11月10日丨通宇通讯(002792.SZ)在投资者互动平台表示，公司于2024年底出资3000万元参股卫 星核心零部件企业鸿擎科技，强化卫星互联网上游关键部件布局，公司与蓝箭航天同为鸿擎科技股东， 参股鸿擎科技以来双方一直保持密切沟通。 根据蓝箭航天公开信息，蓝箭航天朱雀三号遥一运载火 箭，顺利完成首飞任务的第一阶段工作——加注合练及静态点火试验。后续将按计划开展垂直状态操作 演练，随后返回技术区，为正式入轨发射及一子级回收开展各项准备。 ...

格隆汇11月10日丨通宇通讯(002792.SZ)在投资者互动平台表示，公司于2024年底出资3000万元参股卫 星核心零部件企业鸿擎科技，强化卫星互联网上游关键部件布局，公司与蓝箭航天同为鸿擎科技股东， 参股鸿擎科技以来双方一直保持密切沟通。 根据蓝箭航天公开信息，蓝箭航天朱雀三号遥一运载火 箭，顺利完成首飞任务的第一阶段工作——加注合练及静态点火试验。后续将按计划开展垂直状态操作 演练，随后返回技术区，为正式入轨发射及一子级回收开展各项准备。 ...

Group 1: Company Overview - The company specializes in the research, production, and sales of communication antennas and RF devices, including base station antennas and microwave antennas, serving mobile communication operators and equipment integrators [3][4]. - As of June 30, 2025, the company holds over 700 authorized patents in the RF communication field, showcasing its strong technical foundation and intellectual property barriers [5]. Group 2: Financial Performance - In the first half of 2025, the revenue from the microwave antenna business reached approximately 119 million yuan, with a gross margin of 33%, accounting for 22% of the company's total revenue [4]. - The company's overseas revenue surpassed domestic revenue for the first time in the first half of 2025, driven by expansion in emerging markets along the Belt and Road Initiative [6]. Group 3: Strategic Initiatives - The company has made strategic investments in the satellite communication sector, including a 30 million yuan investment in Hongqing Technology and a 100 million yuan contribution to a venture capital fund aimed at low-orbit satellite internet [4]. - The company is focusing on high-margin businesses, optimizing its cost structure through supply chain management and operational efficiency improvements [3][4]. Group 4: Market Position and Competitive Advantage - The company is positioned in the first tier of the mobile communication antenna industry, with a strong market competitiveness due to its reliable product quality and vertical integration in precision manufacturing [5]. - The company is actively expanding its product range beyond traditional antennas to include new energy smart charging cabinets and satellite communication, creating a diversified product portfolio [5]. Group 5: Future Outlook - The company anticipates continued growth in the satellite communication and low-altitude economy sectors, alongside expansion in overseas markets, which will drive the transformation of early investments into substantial performance [4][6]. - The company aims to enhance its competitiveness in the global communication infrastructure market through a strategy of "global operations, localized services" [6][7].

Core Insights - Tongyu Communication's stock increased by 5.18%, reaching 20.30 CNY per share, with a trading volume of 497 million CNY and a turnover rate of 7.65%, resulting in a total market capitalization of 10.656 billion CNY [1] Company Overview - Tongyu Communication, established on December 16, 1996, and listed on March 28, 2016, is located in Zhongshan, Guangdong Province. The company specializes in the research, production, and sales of base station antennas, microwave antennas, RF devices, optical module products, energy exchange cabinets, and charging cabinets [1] - The revenue composition of Tongyu Communication is as follows: base station antennas 57.09%, microwave antennas 22.39%, RF devices 12.77%, satellite communication 4.90%, others 2.18%, and optical modules 0.67% [1] Shareholder Insights - Guotai Fund's ETF, Guotai CSI All-Share Communication Equipment ETF (515880), entered the top ten circulating shareholders of Tongyu Communication in the third quarter, holding 1.5677 million shares, which is 0.47% of the circulating shares. The estimated floating profit today is approximately 1.5677 million CNY [2] - The Guotai CSI All-Share Communication Equipment ETF (515880) was established on August 16, 2019, with a current scale of 11.552 billion CNY. Year-to-date returns are 102.63%, ranking 5th out of 4216 in its category; the one-year return is 95.14%, ranking 7th out of 3913; and since inception, the return is 176.23% [2]

Core Viewpoint - Tongyu Communication's stock price has shown a year-to-date increase of 27.63%, but recent trading indicates a slight decline, with a 2.02% drop on November 6, 2023, reflecting market volatility and potential investor concerns [1]. Financial Performance - For the period from January to September 2025, Tongyu Communication reported a revenue of 815 million yuan, representing a year-on-year decrease of 3.34%. The net profit attributable to shareholders was 25.27 million yuan, down 50.91% compared to the previous year [2]. - Cumulatively, since its A-share listing, the company has distributed a total of 375 million yuan in dividends, with 133 million yuan distributed over the past three years [3]. Shareholder Structure - As of September 30, 2025, the number of shareholders for Tongyu Communication stood at 53,800, with an average of 6,201 circulating shares per person, indicating stability in shareholder numbers [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 609,600 shares to 2.701 million shares, and the Guotai CSI Communication Equipment ETF, which is a new entrant holding 1.5677 million shares [3]. Market Activity - On November 6, 2023, the stock traded at 18.96 yuan per share, with a total transaction volume of 303 million yuan and a turnover rate of 4.76%. The total market capitalization was approximately 9.953 billion yuan [1]. - The net outflow of main funds was 30.92 million yuan, with significant selling pressure observed, as large orders sold 73.73 million yuan worth of shares, indicating potential liquidity issues [1]. Business Overview - Tongyu Communication, established on December 16, 1996, and listed on March 28, 2016, specializes in the research, production, and sales of base station antennas, microwave antennas, RF devices, optical modules, and energy exchange cabinets [1]. - The company's revenue composition includes base station antennas (57.09%), microwave antennas (22.39%), RF devices (12.77%), satellite communications (4.90%), and others (2.18%) [1]. Industry Context - Tongyu Communication operates within the communication equipment sector, specifically focusing on communication network devices and components. The company is associated with various concepts, including the Belt and Road Initiative, China-Russia trade, virtual power plants, satellite internet, and energy storage [1].