行业研究 市场研究部 2026 年 3 月 23 日 通信行业周报（3 月 16 日- 3 月 22 日） 2026 年 3 月 16 日至 3 月 20 日，通信（中信）板块上涨了 1.71%，而 沪深 300 指数下跌了 2.19%，通信板块跑输沪深 300 指数 3.9 个百分 点。期间，通信业区间涨幅位列中信一级行业第 1 位，在 30 个中信一 级行业中表现领先。2026 年全年，通信行业累计上涨 7.84%，在中信 一级行业中排第 5 位，表现靠前。截至 3 月 20 日，中信通信行业 PE TTM 为 27.7 倍，处于 39.02%的分位数。 中信通信行业包括上市公司共 120 家，期间 17 家公司收涨，101 家公 司收跌，总体上跌多涨少。涨幅前 3 名分别为新易盛、中际旭创及平 治信息，跌幅前 3 名则分别为烽火通信、特发信息及精伦电子。 周度关注：OFC 2026 2026 年 3 月 15 日 - 19 日，OFC 2026 在美国洛杉矶会议中心举办。 本届 大会吸引了来自全球超 40 个国家和地区的 800 余家企业参展， 参会专业人士突破 3 万人次，参展规模创近五年新高。本届大 ...

证券代码：300571 证券简称：平治信息 公告编号：2026-017 2、本次股份质押基本情况 | 是否为控股 | 是否为限 | 本次质押 | 占其所 | 占公司 | 是否为 | 股东 | 股东或第一 | 售股（如 | 质押起 | 质押到 | 质押 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 数量(万 | 持股份 | 总股本 | 补充质 | 质权人 | 名称 | 大股东及其 | 是，注明限 | 始日 | 期日 | 用途 | 股） | 比例 | 比例 | 押 | | | | | | | 一致行动人 | 售类型） | 是，部分为 | 2026 | 年 | 2027 | 年 | 国泰海通 | 偿还 | | | | | | | | | | | | | 郭庆 | 是 | 977 | 30.72% | 7.00% | 高管锁定 | 否 | 3 | 月 | 19 | 3 | 月 | 1 ...

Market Overview - On March 18, A-shares saw all three major indices rise, with the Shanghai Composite Index up 0.32%, Shenzhen Component Index up 1.05%, ChiNext Index up 2.02%, and the STAR Market Index up 1.77%. Over 3,500 stocks experienced gains [3][4]. Sector Performance - The computing power leasing sector performed strongly, with companies such as Langke Technology, Pingzhi Information, Yunsai Zhili, and Zhongbei Communication hitting the daily limit [5]. - The coal sector faced adjustments, with Zhengzhou Coal Electricity dropping over 5%, and Meijin Energy, Shanxi Black Cat, and Yunmei Energy falling over 3% [7][8]. Stock Highlights - Notable gainers included: - Langke Technology (+20.00%) - Pingzhi Information (+19.99%) - Dongfang Guoxin (+16.36%) - Jingyuan Environmental Protection (+15.26%) [6]. - Conversely, significant decliners included: - Zhengzhou Coal Electricity (-5.93%) - Meijin Energy (-3.97%) - Shanxi Black Cat (-3.91%) [8]. Trading Volume - The total trading volume in the Shanghai and Shenzhen markets reached 2.05 trillion yuan, a decrease of 161.8 billion yuan compared to the previous trading day [8]. Capital Flow - Main capital inflows were observed in the electronics, communications, and computer sectors, while there were outflows from non-bank financials, basic chemicals, and banking sectors [10]. - Specific stocks with net inflows included: - Xinyi Sheng (+4.405 billion yuan) - Jinfeng Technology (+3.644 billion yuan) - Jinkai New Energy (+2.278 billion yuan) [11]. - Stocks with net outflows included: - Cambrian Technology (-1.495 billion yuan) - Ningde Times (-1.036 billion yuan) - Guosheng Technology (-571 million yuan) [12]. Institutional Insights - Huaxi Securities noted that the demand for AI electricity is continuously increasing, accelerating the demand for agents [14]. - CITIC Securities projected that "green fuels" and "coordinated electricity" could drive nearly 465 GW of wind turbine demand by 2030 [15]. - Huatai Securities indicated that the oil and chemical supply is continuously optimizing, with industry prosperity expected to rise in 2026 [16].

Market Overview - The A-share market showed mixed performance on March 18, with the communication and electronics sectors experiencing significant gains, becoming the highlights of the morning session [1][4]. - By the close of the morning session, the Shanghai Composite Index fell by 0.40%, while the Shenzhen Component Index rose by 0.05%, the ChiNext Index increased by 0.89%, and the Sci-Tech Innovation Index gained 0.6% [4]. Sector Performance - The communication sector led the gains with an increase of nearly 3%, featuring stocks like Century Hengtong (301428) hitting the daily limit with a 20% rise, and Pingzhi Information (300571) soaring nearly 15% [4][5]. - The electronics sector also saw a rise of over 1.4%, with multiple stocks reaching their daily limit, including Aohong Electronics and Aosikang [6][7]. - Other sectors such as computers and defense industries also showed strong performance, while oil, steel, and real estate sectors faced declines [8]. ETF Market - The ETF market remained stable overall, but the ChiNext Composite ETF (159287) experienced a sharp decline of over 18% upon resuming trading [2][10]. - This ETF had previously shown strong performance, closing with a 20% increase the day before its drop [12]. Company Highlights - Notable stocks in the communication sector included: - Century Hengtong (301428) at 39.79, up 19.99% - Pingzhi Information (300571) at 33.77, up 14.98% - Ruisi Kanda (603803) at 13.13, up 9.97% [5]. - In the electronics sector, key performers included: - Lian Dong Technology (301369) at 150.78, up 13.20% - Anlu Technology (688107) at 33.00, up 12.63% - Aibisen (300389) at 19.65, up 11.33% [7].

杭州平治信息技术股份有限公司（以下简称"公司"或"平治信息"）于 2025 年 4 月 28 日召开的第五届董事会第二次会议、2025 年 5 月 19 日召开的 2024 年度股东大会审议通过了《关于公司及子公司申请综合融资授信暨担保事项的议 案》，同意公司为全资子公司杭州平治智达科技有限公司、杭州兆能讯通科技有 限公司、两亚汇智（昆明）人工智能科技有限公司、深圳市兆能讯通科技有限公 司、杭州平治赋能智慧科技有限公司、杭州平治算昇科技有限公司、杭州平治智 远科技有限公司向银行等金融或非金融机构申请的合计 45 亿元的综合融资授信 额度提供担保，担保方式包括但不限于连带责任保证担保、股权质押。 具体内容详见公司于 2025 年 4 月 29 日在巨潮资讯网披露的《关于公司及子 公司申请综合融资授信暨担保事项的公告》。 证券代码：300571 证券简称：平治信息 公告编号：2026-016 杭州平治信息技术股份有限公司 关于为全资子公司提供担保的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 一、担保情况概述 二、本次担保情况 公司与重庆鈊渝金融租赁股 ...

证券代码：300571 证券简称：平治信息 公告编号：2026-015 1、第五届董事会第九次会议决议； 2、深圳证券交易所要求的其他文件。 特此公告。 一、审议通过《关于为全资子公司提供担保的议案》 经董事投票表决，以 5 票同意、0 票反对、0 票弃权的表决结果予以审议通 过。 经过认真审议，董事会认为公司为全资子公司提供担保，是基于全资子公司 生产经营和业务发展的需要，有利于全资子公司实际业务的开展，提高公司整体 盈利水平，符合公司的整体利益。本次提供担保的对象为公司直接控制的全资子 公司，被担保对象信用情况良好，具有相应的偿债能力，公司有能力控制其生产 经营管理风险及决策，本次担保风险整体可控，不存在损害公司及股东利益尤其 是中小股东利益的情形。因此，董事会同意该议案。该议案具体内容详见同日刊 登在巨潮资讯网(www.cninfo.com.cn)的《关于为全资子公司提供担保的进展公告》 (公告编号:2026-016)。 二、备查文件 杭州平治信息技术股份有限公司 第五届董事会第九次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 杭州平治信 ...

证券代码：300571 证券简称：平治信息 公告编号：2026-014 杭州平治信息技术股份有限公司 关于为全资子公司提供担保的进展公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 一、担保情况概述 杭州平治信息技术股份有限公司（以下简称"公司"或"平治信息"）于 2025 年 4 月 28 日召开的第五届董事会第二次会议、2025 年 5 月 19 日召开的 2024 年度股东大会审议通过了《关于公司及子公司申请综合融资授信暨担保事项的议 案》，同意公司为全资子公司杭州平治智达科技有限公司、杭州兆能讯通科技有 限公司、两亚汇智（昆明）人工智能科技有限公司、深圳市兆能讯通科技有限公 司、杭州平治赋能智慧科技有限公司、杭州平治算昇科技有限公司、杭州平治智 远科技有限公司向银行等金融或非金融机构申请的合计 45 亿元的综合融资授信 额度提供担保，担保方式包括但不限于连带责任保证担保、股权质押。 具体内容详见公司于 2025 年 4 月 29 日在巨潮资讯网披露的《关于公司及子 公司申请综合融资授信暨担保事项的公告》。 二、本次担保情况 1、公司全资孙公司杭州兆能讯通 ...

Major Announcements - Farsen announced that it does not engage in "special optical fibers," "fiber sensing," or related businesses, and may apply for a trading suspension if stock prices continue to rise [1] - COSCO Shipping has suspended new bookings for related routes due to escalating conflicts in the Middle East, affecting several countries [2] Financial Performance - Muxi Co. expects a net loss of 90.76 million to 182 million yuan in Q1 2026, but revenue is projected to grow by 24.84% to 87.26% year-on-year [3] - Shanghai Electric received approval for two offshore wind power projects, which will enhance its green transition and increase clean energy share [4] - Xiamen Tungsten's revenue for January-February 2026 is expected to grow by 60% to 110% year-on-year, driven by rising raw material prices and increased sales [8] - Qiangyi Co. reported a 157.9% year-on-year increase in revenue for January-February 2026, attributed to strong demand in AI computing and the semiconductor industry [9] - Aerospace Intelligence reported a net profit of 881 million yuan for 2025, a year-on-year increase of 11.24% [10] - Yutong Bus sold 1,806 units in February 2026, a 14.96% increase year-on-year [11] Corporate Actions - China National Offshore Oil Corporation has cumulatively increased its stake in the company by 402.79 million yuan [16] - Huayuan Bio announced a temporary shutdown of its cholesterol production line for maintenance, expected to last no more than 45 days [7] - Zhi Gong Technology's shareholder plans to reduce its stake by up to 1.35% due to funding needs [14]

证券代码：300571 证券简称：平治信息 公告编号：2026-013 杭州平治信息技术股份有限公司 中标候选人公示的提示性公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 近日，中国移动采购与招标网发布了《中国移动 2026 年智能家庭网关产品 紧急集中采购项目_中选候选人公示》，杭州平治信息技术股份有限公司（以下 简称"公司"）子公司深圳市兆能讯通科技有限公司（以下简称"深圳兆能"） 为上述项目的中标候选人。 一、中国移动预中标项目情况 （一）项目名称：中国移动 2026 年智能家庭网关产品紧急集中采购项目 （二）采购人名称：中国移动通信有限公司 （三）采购代理机构：中国邮电器材集团有限公司 （四）采购内容：智能家庭网关产品 杭州平治信息技术股份有限公司董事会 截至本公告披露日，中标项目尚处于中标候选人公示期，公司尚未收到相关 项目的中标通知书，是否收到中标通知书及最终的中标金额或份额存在不确定性。 敬请广大投资者谨慎决策，注意防范投资风险。 特此公告。 （五）预中标情况：深圳兆能为中国移动 2026 年智能家庭网关产品紧急集 中采购项目标包 1、标包 3 ...

Group 1 - The core viewpoint of the article emphasizes the importance of compliance in information dissemination during the AI era [1] - The article highlights that over 13,000 accounts have been disposed of and more than 543,000 pieces of information have been cleaned up, indicating a strong regulatory approach [5] - There is a call for creators to proactively add AI identification to foster a clean and positive online environment [5] Group 2 - The article outlines several key areas related to AI content review, including digital watermarking and AI anti-fraud measures [6] - It mentions various companies involved in the digital watermarking technology and network security, such as Hanbang Gaoke, Xinhua Net, and Keda Xunfei [6] - The content also references the application of digital watermarking in extending its use cases, indicating a growing trend in the industry [6]