九联科技股价波动上行，机构谨慎看待基本面

Core Viewpoint - The recent analysis indicates that Jiulian Technology's stock price is relatively high compared to its fundamentals, with a valuation range of 7.45-8.23 yuan and a rating of C for accuracy [1] Group 1: Valuation and Financial Performance - Jiulian Technology's profitability is weak, with a gross margin of only 10.56%, significantly below the industry average of 18.48% [3] - The company's return on equity is -13.48%, placing it low in industry rankings [3] - The stock price has shown a fluctuation upward trend over the past week, with a range of 2.25% and a peak price of 9.17 yuan [2] Group 2: Market Trends and Industry Impact - The optical fiber and cable industry is experiencing supply-demand tension due to increased AI computing power demand, which has positively impacted the optical communication sector, with a recent increase of 1.88% [1] - Jiulian Technology's optical module business has limited exposure to the high-end product demand driven by AI data centers, necessitating attention to its technology upgrades and order fulfillment progress [3] - The stock's trading activity has increased, with a notable single-day increase of 2.83% and a trading volume of 87.01 million yuan on February 9 [2]