1月21日晚间，腾景科技(688195)公告称，公司收到某客户C子公司的采购订单，总金额为1280万美元 (约为8915万元人民币)，产品为二维准直器阵列。 腾景科技同时提醒，本次订单交易双方均具备良好履约能力，但订单最终执行情况仍可能受外部宏观环 境变化、国家产业政策调整、客户需求变动及其他不可预见或不可抗力因素影响。此外，订单履行过程 中不排除会存在核心生产物料供应紧张，进而导致产品交付进度不及预期的风险，公司将通过提前锁定 核心物料供应、拓展多元化供应商渠道、优化生产排程等举措积极应对，尽力降低相关风险影响。 公司是专业从事各类精密光学元组件、光纤器件研发、生产和销售的高新技术企业，产品主要应用于光 通信、光纤激光等领域，其他应用领域涵盖量子信息科研、生物医疗、消费类光学等。公司突破并掌握 积累了多项核心技术，涵盖了光电子元器件制造的主要环节，形成了从光学元件到光纤器件的垂直整合 能力和紧密联系的技术体系，运用核心技术生产的主要产品技术指标均达到行业先进水平，能够为光学 光电子各领域客户提供各类精密光学元组件与光纤器件的解决方案。 1月12日，腾景科技发布投资者关系活动记录表，接待了博时基金、兴业证券、 ...

Group 1 - Company Han Jian He Shan is planning a major asset restructuring by acquiring 52.51% of the shares of Liaoning Xingfu New Materials Co., Ltd. The stock will be suspended from trading starting January 22, 2026, for up to 9 trading days [2][20] - Company Tengjing Technology has signed a sales order worth approximately 1280 million USD (about 8915 million RMB) for high-end optical devices in the optical communication field, which is expected to positively impact its operating performance [3] Group 2 - Company Qianfang Technology expects to achieve a net profit of 250 million to 320 million RMB in 2025, recovering from a loss of 1.193 billion RMB in the previous year, mainly due to the recovery of its main business and reduced asset impairment losses [5] - Company Defu Technology anticipates a net profit of 97 million to 125 million RMB in 2025, recovering from a loss of 245 million RMB in the previous year, driven by significant market demand recovery and product upgrades [5] - Company Estun expects a net profit of 35 million to 50 million RMB in 2025, recovering from a loss of 810 million RMB in the previous year, supported by increased sales in the industrial robot sector [5] Group 3 - Company Shanghai Yizhong forecasts a net profit of 60 million to 70 million RMB in 2025, representing a growth of 760.18% to 903.54% compared to the previous year, primarily due to the inclusion of its core product in the national medical insurance directory [6] - Company Jin'an Guoji expects a net profit of 280 million to 360 million RMB in 2025, an increase of 655.53% to 871.4% year-on-year, attributed to improved market conditions for copper-clad laminates [7] - Company Liming Co. anticipates a net profit of 465 million to 500 million RMB in 2025, reflecting a growth of 471.55% to 514.57% year-on-year, driven by increased sales and prices of its main products [7] Group 4 - Company Baiao Intelligent expects a net profit of 90 million to 120 million RMB in 2025, a growth of 228.34% to 337.79% year-on-year, supported by increased demand in the consumer electronics market [8] - Company Dajin Heavy Industry forecasts a net profit of 1.05 billion to 1.2 billion RMB in 2025, representing a growth of 121.58% to 153.23% year-on-year, driven by rapid growth in the offshore wind power market [8] - Company Juhua Co. expects a net profit of 3.54 billion to 3.94 billion RMB in 2025, an increase of 1.58 billion to 1.98 billion RMB year-on-year, primarily due to rising prices of fluorinated refrigerants [9] Group 5 - Company Huan Li Pharmaceutical anticipates a net profit of 1.1 billion to 1.2 billion RMB in 2025, an increase of 4.85 billion to 5.85 billion RMB year-on-year, driven by revenue growth and equity transfer income [9] - Company Hengxing New Materials expects a net profit of 57.61 million to 66.24 million RMB in 2025, reflecting an increase of 65.28% to 90.05% year-on-year [9] - Company Yichang Technology forecasts a net profit of 150 million to 225 million RMB in 2025, a growth of 58% to 138% year-on-year, due to its strategic shift towards high-value sectors [10] Group 6 - Company Shanghai Electric expects a net profit of 1.1 billion to 1.32 billion RMB in 2025, an increase of 350 million to 570 million RMB year-on-year, driven by steady growth in its core business [11] - Company Tianfu Communication anticipates a net profit of 1.881 billion to 2.15 billion RMB in 2025, a growth of 40% to 60% year-on-year, supported by the demand for high-speed optical devices [11] - Company Huqin Technology expects to achieve operating revenue of 170 billion to 171.5 billion RMB in 2025, a growth of 54.7% to 56.1% year-on-year [12]

Group 1: Stock Suspension and Resumption - Han Jian He Shan is planning to acquire a 52.51% stake in Liaoning Xingfu New Materials Co., Ltd., leading to a stock suspension [1] - Zhi Te New Materials may apply for stock suspension again if the stock price continues to rise abnormally in the future [1] Group 2: Share Buyback - Aotai Biology intends to repurchase company shares worth between 100 million to 200 million yuan [2] Group 3: External Investments and Daily Operations - Tengjing Technology has signed a sales order worth 89.15 million yuan for high-end optical devices in the optical communication field [3] - Binhai Energy plans to invest 548 million yuan in the construction of a porous carbon and silicon-carbon anode materials project [3] - Baili Technology intends to establish a holding subsidiary to develop solid-state battery material production systems and other businesses [4] - Hualan Co., Ltd. plans to increase capital by 450 million yuan in its wholly-owned subsidiary Lingqing Smart, which focuses on AI innovative drug R&D solutions and services [5] - Nanmin Group has signed a contract worth 296 million yuan with Inner Mongolia Xijin Mining Co., Ltd. for the supply of main equipment for a crushing and screening project, accounting for 38.08% of the company's audited revenue for 2024 [5] - Hongbaoli's epoxy propylene comprehensive technology transformation project has entered the preparatory stage for trial production [6] Group 4: Performance Changes - Tianfu Communication expects a net profit of 1.881 billion to 2.150 billion yuan in 2025, an increase of 40.00% to 60.00% year-on-year, driven by the rapid development of the AI industry and global data center construction [7] - Huaqin Technology anticipates a net profit of 4 billion to 4.05 billion yuan in 2025, a year-on-year increase of 36.7% to 38.4% [8] - Penghui Energy expects a net profit of 170 million to 230 million yuan in 2025, turning a profit compared to the previous year [9] - Jin'an Guoji expects a net profit of 280 million to 360 million yuan in 2025, a year-on-year increase of 655.53% to 871.40%, attributed to improved market conditions for copper-clad laminates [9] - Demingli anticipates a net profit of 650 million to 800 million yuan in 2025, an increase of 85.42% to 128.21% year-on-year, driven by enhancements in full-link storage solutions and high-end manufacturing capabilities [9] - Dajin Heavy Industry expects a net profit of 1.05 billion to 1.2 billion yuan in 2025, a year-on-year increase of 121.58% to 153.23%, with rapid growth in overseas offshore wind power project deliveries [9]

Group 1 - Zhi Te New Materials has seen its stock price increase by 211.27% from January 5 to January 21, 2026, becoming the first double stock in A-shares this year [1] - The company has announced a suspension of trading for verification due to significant deviations from its fundamentals and the risk of a sharp decline in stock price [1] - The company does not currently engage in AI applications or related fields, and its main business remains focused on aluminum molds and prefabricated components [1] Group 2 - Nanmin Group has signed a contract worth 296 million yuan with Inner Mongolia Xijin Mining Co., which represents 38.08% of its audited revenue for 2024 [2] - This contract is expected to positively impact the company's revenue and profit for the current and future years [2] Group 3 - Tengjing Technology has received a sales order worth approximately 89.15 million yuan for high-end optical devices in the optical communication field [3] - The order is expected to have a positive impact on the company's operating performance, with specific effects to be determined based on the order's details [3] Group 4 - Hualan Co. plans to increase its wholly-owned subsidiary Lingqing Intelligent's capital by 450 million yuan to enhance its capabilities in AI drug research and development [4] - This investment aims to strengthen the subsidiary's financial position and facilitate collaboration with global partners in the AI pharmaceutical sector [4] Group 5 - Han Jian He Shan is planning to acquire a 52.51% stake in Liaoning Xingfu New Materials Co., with trading suspended as of January 22, 2026, for up to nine trading days [5] - The acquisition will allow the company to control and consolidate the target company [5] Group 6 - Jin An Guo Ji expects a net profit of 280 million to 360 million yuan for 2025, representing a year-on-year increase of 655.53% to 871.40% [6] - Da Jin Heavy Industry anticipates a net profit of 1.05 billion to 1.2 billion yuan for 2025, reflecting a growth of 121.58% to 153.23% [6] Group 7 - Deming Li forecasts a net profit of 650 million to 800 million yuan for 2025, indicating a growth of 85.42% to 128.21% [9] - Ju Hua Co. expects a net profit of 3.54 billion to 3.94 billion yuan for 2025, with a year-on-year increase of 80% to 101% [9]

Group 1: Profit Forecasts - Limin Co. expects a net profit of 465 million to 500 million yuan for 2025, representing a year-on-year increase of 471.55% to 514.57% [1] - Guohui Energy anticipates a net profit of 1.32 billion to 1.47 billion yuan for 2025, reflecting a decline of 50.03% to 55.13% year-on-year [2] - Jiajia Yue forecasts a net profit of 198 million to 228 million yuan for 2025, indicating a growth of 50.06% to 72.79% year-on-year [3] - Xianghe Industry projects a net profit of 120 million to 148 million yuan for 2025, with an expected increase of 59.17% to 96.31% year-on-year [4] - Aojie Technology predicts a net profit of 90 million to 120 million yuan for 2025, showing a growth of 228.34% to 337.79% year-on-year [14] - Shanghai Electric expects a net profit of 1.1 billion to 1.32 billion yuan for 2025, representing an increase of approximately 47% to 76% year-on-year [15] - Tianfu Communication anticipates a net profit of 1.881 billion to 2.15 billion yuan for 2025, reflecting a growth of 40% to 60% year-on-year [16] - Yichang Technology forecasts a net profit of 150 million to 225 million yuan for 2025, indicating a year-on-year increase of 58% to 138% [29] - Shanghai Yizhong expects a net profit of 60 million to 70 million yuan for 2025, representing a significant increase of 760.18% to 903.54% year-on-year [41] Group 2: Loss Forecasts - Kexin Electromechanical anticipates a net profit of 55 million to 70 million yuan for 2025, reflecting a decline of 58.65% to 67.51% year-on-year [11][12] - Kexin Technology expects a net loss of 900 million to 1.2 billion yuan for 2025, which is an increase in loss of 78.67% to 84% year-on-year [10] - Tianyang New Materials forecasts a net loss of 250 million to 180 million yuan for 2025, compared to a loss of 213 million yuan in the previous year [20] - Bo Rui Data anticipates a net loss of 90 million to 100 million yuan for 2025, which is an increase in loss of 15.17 million to 25.17 million yuan year-on-year [19] - Xinlian Integrated expects a net loss of 577 million yuan for 2025, which is a reduction in loss of approximately 40.02% compared to the previous year [40] - Fangshilong forecasts a net loss of 4 million to 6 million yuan for 2025 [30] Group 3: Strategic Developments - Lianlong signed a strategic framework agreement with Runyinglian to enhance the reliability and efficiency of the lubricant additive supply chain in China and the Asia-Pacific region [7] - Han Jian Heshan is planning to acquire a 52.51% stake in Liaoning Xingfu New Materials Co., Ltd., with stock suspension expected for up to 9 trading days [13] - Kai Zhong Precision plans to invest 116 million yuan in a technical transformation and expansion project to meet future capacity demands [34] - Tianfu Communication is expected to engage in clinical trials for its ABA001 injection, which has received approval from the National Medical Products Administration [17]

Group 1: Mergers and Acquisitions - Han Jian He Shan is planning to acquire 52.51% stake in Liaoning Xingfu New Materials Co., Ltd. through a combination of share issuance and cash payment, leading to a major asset restructuring. The company's A-shares will be suspended from trading starting January 22, 2026, for a period not exceeding 9 trading days [2] - Guotou Zhonglu has received approval from the State-owned Assets Supervision and Administration Commission for its asset restructuring and financing plan, which involves acquiring 100% of China Electronic Engineering Design Institute's shares and raising funds from no more than 35 specific investors [3] Group 2: Performance Forecasts - Lian Ang Microelectronics expects a net loss of approximately 121 million yuan for 2025, with projected revenue of about 3.595 billion yuan, reflecting a year-on-year growth of approximately 16.26% due to recovery in the semiconductor silicon wafer sector [9] - Ju Hua Co. anticipates a net profit of 3.54 billion to 3.94 billion yuan for 2025, representing a growth of 80% to 101% compared to the previous year, driven by rising prices of core products like fluorinated refrigerants [10] - Shanghai Yizhong forecasts a net profit of 60 million to 70 million yuan for 2025, marking a significant increase of 760.18% to 903.54% year-on-year, attributed to the inclusion of its core product in the national medical insurance directory [11] - Deming Li expects a net profit of 650 million to 800 million yuan for 2025, reflecting an increase of 85% to 128% year-on-year, driven by advancements in storage solutions and AI demand [12] - Tianfu Communication projects a net profit of 1.881 billion to 2.150 billion yuan for 2025, a growth of 40% to 60% year-on-year, supported by the demand from the AI industry and global data center construction [13] - He Kang New Energy anticipates a net profit of 50 million to 75 million yuan for 2025, representing a growth of 386% to 628% year-on-year, driven by the expansion of its photovoltaic EPC business [14] - Aojie Technology expects a net loss of approximately 399 million yuan for 2025, a reduction in losses compared to the previous year [15] - Xinda Real Estate forecasts a net loss of 7.6 billion to 8.2 billion yuan for 2025, significantly higher than the previous year's loss of 784 million yuan, due to reduced project delivery and impairment provisions [17] - Jin An Guo Ji anticipates a net profit of 280 million to 360 million yuan for 2025, reflecting a growth of 656% to 871% year-on-year, driven by improved market conditions for copper-clad laminates [18] - Limin Co. expects a net profit of 465 million to 500 million yuan for 2025, a growth of 471.55% to 514.57% year-on-year, due to increased sales and prices of its main products [19] Group 3: Share Buybacks and Reductions - Aotai Bio plans to repurchase shares worth between 100 million and 200 million yuan, with a maximum repurchase price of 85 yuan per share, to be completed within 12 months after shareholder approval [21] - Yong'an Futures' major shareholder Zhejiang Dongfang intends to reduce its stake by up to 3% starting February 24, 2026, through various trading methods [23] - Xinjie Electric's senior management plans to reduce their stake by up to 0.41% through combined trading methods [24] - Beifang Navigation's chairman intends to reduce their stake by up to 3.11% due to personal financial needs [25] - Glinda's major shareholder plans to reduce their stake by up to 3% for personal financial reasons [26] Group 4: Major Contracts - Tengjing Technology has signed a sales order worth approximately 8.915 million yuan for high-end optical devices in the optical communication field, which is expected to positively impact the company's performance [28]

Group 1 - The article discusses the recent policy measures issued by Guangdong province aimed at promoting high-quality development in transportation through artificial intelligence [4][5] - The policy encourages enterprises to focus on core technology breakthroughs and innovation in areas such as end-to-end remote driving, intelligent decision-making, and precise prediction and control [4][5] - The initiative aims to create high-quality data sets, toolchains, and algorithm libraries to facilitate the application of large models in autonomous driving [4][5] Group 2 - The article lists various companies involved in the development of key technologies related to autonomous driving, including 威帝股份, 凯众股份, and 大华股份 [6] - It highlights the importance of advanced systems such as steer-by-wire systems, vehicle-mounted cameras, and heads-up displays (HUD) in the context of intelligent driving [6]

●订单履行期限：自订单生效之日起至订单双方责任和义务履行完毕之日止 ●对上市公司当期业绩的影响： 证券代码：688195 证券简称：腾景科技 公告编号：2026-002 腾景科技股份有限公司 关于签订日常经营重要订单的自愿性披露公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要提示： ●订单类型：销售订单 ●订单总金额：1280 万美元（约 8915 万元人民币） ●订单生效条件：收到客户采购订单并确认生效 本次订单供货产品二维准直器阵列为腾景科技股份有限公司（以下简称"公 司"）在光通信领域高端光器件的重点产品之一，依托公司深厚的精密模压与精 密组装工艺积累与突破，产品具备高精度耦合、高端口密度、高通道一致性、低 插损及高可靠性等优异特性，可满足下游 OCS 光交换机厂商对于不同端口数量规 格的准直器阵列产品的定制化需求，为 AI 算力中心及超大规模光互联网络建设 提供关键元器件支持，体现了客户对公司在高端无源光器件领域技术能力的认可， 有助于巩固和提升公司在光通信产业链关键环节的市场影响力和核心竞争力。 如该协 ...

Core Viewpoint - The company has received a purchase order for a two-dimensional collimator array from a subsidiary of client C, amounting to 12.8 million USD (approximately 89.15 million RMB), which is expected to positively impact the company's operational performance [1] Group 1 - The total value of the purchase order is 12.8 million USD [1] - The order is classified as a routine operational order for the company [1] - The expected outcome of this order is a positive effect on the company's business performance [1]

Market Overview - The three major indices showed mixed performance, with the Shanghai Composite Index rising by 0.29% and the ChiNext Index falling by 0.7% [1] - The total trading volume in the Shanghai and Shenzhen markets was 2.71 trillion yuan, a decrease of 317.9 billion yuan compared to the previous trading day [1] - Over 3,500 stocks in the market experienced gains, with notable performances in sectors such as electric grid equipment, robotics, precious metals, and tourism [1] Sector Highlights - The electric grid equipment sector saw significant gains, with multiple stocks hitting the daily limit, including Baobian Electric and China West Electric [1] - The robotics sector experienced fluctuations, with stocks like Wuzhou New Spring and Riyi Electronics reaching the daily limit [1] - The precious metals sector also performed well, with Sichuan Gold and Zhaojin Mining hitting the daily limit [1] - The tourism and hotel sector strengthened, with stocks such as Dalian Shengya and Jiuhua Tourism reaching the daily limit [1] - The commercial aerospace sector was active, with stocks like Jinding New Materials and Yuexiu Capital hitting the daily limit, while Chaojie Co. rose over 15% [1] - Conversely, the CPO sector faced declines, with stocks like Cambridge Technology hitting the daily limit down [1] Investment Insights - Galaxy Securities highlighted the potential of humanoid robots, noting that multiple factors are converging, and emphasized the importance of structural marginal changes [2] - Tesla's Gen3 is expected to launch in Q1, with a projected production of 1 million units by 2030, indicating a significant growth opportunity in the humanoid robot market [2] - The application scenarios for humanoid robots are diversifying, with early adoption in industrial logistics, elderly care, special environments, agriculture, and consumer-facing robots [2] Consumer Sector Analysis - According to招商证券, the frequent consumer stimulus policies and stable demand for leisure activities present opportunities in the travel chain layout [3] - Hainan's duty-free sales reached approximately 4.8 billion yuan in October-November 2025, a year-on-year increase of 19.8%, indicating a recovery in industry sentiment [3] - The government’s focus on expanding domestic demand and boosting service consumption is expected to benefit travel-related sectors, including OTA, hotels, and scenic spots [3] Hong Kong Market Strategy - Dongwu Securities recommends maintaining a barbell strategy for the Hong Kong market, focusing on value dividends as a base while dynamically monitoring aggressive market directions such as AI technology and cyclical consumption [4] - Despite a general reduction in the Fed's interest rate cut expectations, domestic investors remain optimistic, suggesting potential improvements in corporate and real estate investments [4]