通信行业：奥飞数据拟定增打造新一代智算中心，MWC2025广和通推出“星云”系列全矩阵AI模组

Investment Rating - The report maintains a "Positive" investment rating for the communication industry, indicating an expectation of performance that exceeds the market benchmark by more than 5% over the next six months [2][35]. Core Insights - The communication industry is experiencing significant growth, particularly in the context of electric grid investments, which are projected to exceed 825 billion yuan in 2025. This growth is primarily driven by the rapid integration of renewable energy sources [3]. - Companies like Sanwang Communication are actively positioning themselves in the power communication sector, providing solutions that enhance operational efficiency and reduce energy consumption [3]. - Recent product launches at MWC2025, such as the new generation intelligent computing center by Aofei Data and the "Nebula" series AI modules by Guanghetong, highlight the industry's innovation and potential for growth [5][24][25]. Summary by Sections Industry Overview - The communication index rose by 2.81% during the week of March 3-7, 2025, outperforming major indices like the Shanghai Composite and the ChiNext [4][15]. - Key stocks in the communication sector showed varied performance, with China Mobile increasing by 6.45% and ZTE Corporation decreasing by 1.18% [22]. Key Announcements - Aofei Data plans to raise up to 1.75 billion yuan through a private placement to develop a new generation intelligent computing center [5][24]. - MWC2025 showcased significant advancements, including the SG885G-WF edge computing module by Yiyuan Communication, which offers high computational power for service robots [5][24]. - Guanghetong introduced the "Nebula" series AI modules, which provide diverse computational configurations to meet various application needs [5][25]. Financial Metrics - The communication industry comprises 117 listed companies with a total market capitalization of approximately 498.64 billion yuan and an average P/E ratio of 23.98 [7].