□ 本报记者黄红芳 赵曙明对SHRD寄予厚望，表示网站将推动人力资源决策从"经验驱动"转向"数据驱动"，系统化赋能人 力资源管理者，为国家构建可持续的人才竞争力提供"关键基础设施"。 技术热潮背后更需要冷思考。有专家提醒：人工智能成功的关键在于明确目标，识别它真正能产生影响 的领域，并让人力资源团队掌握相关技能。 面对机遇与挑战，与会专家为产教研服融合提供了具体路径：在教育端，可搭建城市智能交通虚拟实训 等场景，利用AI系统实时评估学生操作，构建产教融合大模型，精准对接产业岗位能力与课程模块； 在服务端，需开发行业人才供需预警平台，用数据指导资源调配。同时，专家提出，必须建立数据使用 白名单和规范的脱敏共享流程并开设相应的AI伦理课程，确保技术合规运行。 会上，中天科技（600522）集团党委副书记钱蒋锋结合企业智能化转型实践，生动展示了"企校研服"协 同机制在提升人力资本效能、支撑实体产业跃升中的关键作用。全国政协委员、中国人才研究会常务副 会长余兴安从顶层视角，系统解读了"十五五"期间人力资源服务业服务国家战略的方位与方略。他提 出，人力资源服务业作为"全社会人力资源共享平台"的角色日益凸显。 本次年会主 ...

人工智能（AI）应用的加速发展推动智算算力建设进入快车道，带动数据中心内部及核心节点间高速 互联对新型光纤的需求显著上升。中信建投证券认为，2025年第三季度以来，中国市场光纤价格持续上 涨，反应需求向好、整体供应偏紧。海外需求旺盛，出口表现强劲，反映了全球光纤光缆市场的旺盛需 求。光纤光缆行业经历了2019年供需失衡，价格暴跌，此次厂商扩产会相对理性，另外光棒等环节扩产 周期较长。此轮需求回暖叠加价格上涨，行业内的龙头公司可能盈利与估值双提升。证券时报·数据宝 统计，A股市场涉及光纤光缆行业的公司数量较少，合计不到20家。截至1月28日收盘，今年以来光纤 光缆概念股平均上涨9.72%，跑赢同期上证指数5个百分点以上。6股累计涨幅超10%，分别为亨通光 电、烽火通信、中天科技、锐科激光、长飞光纤、通鼎互联。 ...

今天上午，A股光纤概念上涨，太辰光（300570）、长江通信（600345）、通鼎互联（002491）等个股 大涨。 值得一提的是，光纤均价最近呈现上涨态势，据产业链调研信息，G.652.D光纤市场平均价格连续两个 季度上涨，价格回暖态势明显。 与此同时，多家公司表示，受海外算力数据中心对新型光纤光缆产品需求增长影响，部分出口光纤价格 上扬，预计2026年国内光纤价格将迎来一定幅度的上涨。随着多个厂商将产能持续向AI相关多模、特 光纤概念大涨，主要受隔夜美股康宁走势催化。1月27日，康宁涨超15%，股价创历史新高。 种光纤倾斜，导致AI需求"挤压"传统光纤产能，受此影响，传统普缆供给收缩推动散纤价格上涨。 消息面上，Meta与康宁签署最高60亿美元光纤电缆协议，用于AI数据中心。据报道，康宁将向Meta提 供先进光纤、光缆及连接产品，同时扩大其在北卡罗来纳州的产能，包括位于希科里市的光缆工厂， Meta将成为该厂的主要客户。 康宁的光连接产品是支撑数据中心巨大计算与数据传输需求的关键组件。包括Meta、微软和Alphabet旗 下谷歌在内的大型科技客户不断增长的需求，推动康宁股价在2025年上涨逾84%。 机 ...

Group 1 - The core viewpoint of the news is that the fiber optic sector in the A-share market has seen significant gains, driven by the strong performance of Corning in the US stock market and its partnership with Meta [1][2]. - Corning's stock rose over 15% on January 27, reaching a historical high, following the announcement of a $6 billion fiber optic cable agreement with Meta for AI data centers [2]. - The demand for fiber optic products is expected to remain high, with predictions indicating that global demand for fiber optic cables could reach hundreds of millions of core kilometers by 2025, driven by the construction of AI data centers [2][3]. Group 2 - The average price of G.652.D fiber optic cables has been increasing for two consecutive quarters, indicating a recovery in prices [2]. - Companies are shifting production capacity towards AI-related multimode and specialty fibers, which is causing a reduction in the supply of traditional fiber cables and leading to price increases for scattered fibers [3]. - Key companies to watch in this sector include Hengtong Optic-Electric, Zhongtian Technology, Yangtze Optical Fibre and Cable, Yongding Co., Fenghuo Communication, and TeFa Information [3].

Group 1 - The CPO concept stocks in the A-share market mostly rose, with notable gains from companies such as 可川科技, 太辰光, and 长芯博创 [1] - 可川科技 reached a limit-up of 10%, while 太辰光 increased by over 8% [1] - Other companies like 长飞光纤, 中富电路, and 德科立 saw increases of over 6% [1] Group 2 - The market capitalization of 可川科技 is 11.7 billion, with a year-to-date increase of 96.74% [2] - 太辰光 has a market cap of 26 billion and a year-to-date decrease of 0.94% [2] - 长飞光线 has a market cap of 111.8 billion and a year-to-date increase of 16.02% [2]

AI 各种算力应用百花齐放 20260127 摘要 太空算力前景广阔，马斯克规划未来可能实现 100-300GW，推动商业 航天、卫星、火箭及太空光伏能源发展，未来几年该主题将持续发酵带 来投资机会。 海外算力市场预计今年增长 150%，明年增长 5%-100%，旭创、新易 盛、工业富联等公司估值具吸引力。小型企业如源杰科技创新高，显示 中小数字海外算力受短期资金青睐。 国内算力市场以润泽科技、协创数据为代表表现强劲，受益于英伟达高 端制程突破及国产卡增加，行业需求旺盛，配套设施提升，市场愿意给 予更高估值。 AI 应用领域进入入口之战，各大公司如阿里、腾讯、百度、字节跳动等 争夺 AI 入口，今年将涌现各种新玩法和闭合生态系统，带来市场机遇。 光通信领域加速恢复，光纤光缆价格上涨，AI 数据中心需求拉动供给端， 亨通、中天科技和长飞等公司有望实现千亿市值，烽火通信也具备潜力。 多模态 AI 视频应用是今年 AI 应用的重要方向，巨头关注短剧、漫剧等 内容，AI 制作降低成本，形成闭环市场，关注 Minimax、兆驰旗下风行 等公司。 海外与国内算力市场有哪些具体表现？ 海外算力市场今年预计有 150%的增长 ...

行 业 研 究 2026 年 01 月 28 日 投资评级：看好（维持） 行业走势图 -26% 0% 26% 53% 79% 106% 2025-02 2025-06 2025-10 通信 沪深300 数据来源：聚源 相关研究报告 《重视 AI 云 IAAS 稀缺性：AIDC 及 算力租赁—行业点评报告》-2026.1.27 《重视边际变化：卫星和国产 AI 链— 行业周报》-2026.1.25 《重视硅光和 CPO 链投资机会—行业 点评报告》-2026.1.21 重视通信涨价方向：AI 云 IAAS 和光纤 ——行业点评报告 蒋颖（分析师） jiangying@kysec.cn 证书编号：S0790523120003 亚马逊 AWS 宣布涨价，AI 云基础设施稀缺性或日益凸显 2026 年 1 月 23 日，全球云计算巨头亚马逊云科技宣布对其面向大模型训练的 EC2 机器学习容量块实施约 15%的价格上调，这是 AWS 长达约二十年首次打破。 "只降不涨"的定价传统。机器学习容量块是 AWS 为应对高性能 GPU 等稀缺 计算资源供需失衡所推出的定制化服务模式，用户可提前预订指定型号的 GPU 实例，确保 ...

Summary of Conference Call Notes Industry Overview: Optical Fiber and Cable - The optical fiber and cable industry is experiencing a strong demand surge, particularly driven by data centers and AI applications [1][2][4] - Meta has entered into a significant agreement with Corning, committing up to $6 billion for optical fiber and cable for AI data centers, indicating a robust growth trajectory for the industry [1][3] Key Insights and Arguments - The demand for optical fibers, especially 652D and 657, is witnessing substantial price increases, with the market for scattered fibers showing rapid price fluctuations [2][4] - Data center demand is projected to be a major driver of overall optical fiber demand growth in the coming years, with specific segments like 657A1 facing supply shortages in overseas markets [4] - The recent contract between Meta and Corning highlights two critical trends: 1. The clear link between data center growth and increased optical fiber demand [4] 2. The opportunity for domestic manufacturers to expand into overseas markets due to tight capacity from major suppliers like Corning [4][5] Pricing and Profitability - The optical fiber and cable industry is showing signs of recovery with significant price increases, with some prices doubling from their lows, indicating strong profit elasticity [4][8][9] - The price hikes are expected to enhance profitability across the optical communication sector, particularly as hollow-core fibers begin to be industrialized [9] Market Dynamics - The overall supply-demand balance is improving, with sustained rapid demand growth likely to push prices higher [7] - Domestic manufacturers are well-positioned to capitalize on overseas opportunities as foreign suppliers struggle to meet demand [5][6] Recommendations - Key companies to watch in the optical fiber sector include Yangtze Optical Fibre and Cable Joint Stock Limited Company (长飞光纤), Hengtong Optic-Electric, Zhongtian Technology, FiberHome Technologies, and Yongding Co., Ltd. [10]

根据CNBC报道，Meta已与康宁公司签署一项价值高达60亿美元的光纤电缆供应协议，该协议于2026年1月27日正 式公布。 协议期限至2030年，康宁将为Meta的AI数据中心提供光纤、电缆及连接解决方案，支持其全球数据中心基础设施 的扩张计划。 【东北通信】光纤：继内存储之后的又一AI硬通货！ 根据CNBC报道，Meta已与康宁公司签署一项价值高达60亿美元的光纤电缆供应协议，该协议于2026年1月27日正 式公布。 协议期限至2030年，康宁将为Meta的AI数据中心提供光纤、电缆及连接解决方案，支持其全球数据中心基础设施 的扩张计划。 #我们认为，这笔交易是Meta应对AI算力需求激增、确保关键供应链稳定 【东北通信】光纤：继内存储之后的又一AI硬通货！ 考虑到北美业务占比情况，建议关注2个环节相关标的： 1. 光纤品种：长飞光纤、亨通、中天。 2. 光纤涨价受益标的：长芯博创（母公司保供、成本不变毛利率提升）MPO是光纤的产业化&高价值实现。 #我们认为，这笔交易是Meta应对AI算力需求激增、确保关键供应链稳定的重要举措，未来光纤将成为AI数据中心 的一个瓶颈环节，该份长期协议也是Meta是对康宁 ...

Core Insights - Jiangsu Province is expected to add 152 new marine specialized "little giant" enterprises by 2025, representing a 28.6% increase year-on-year and accounting for 18.8% of the total new enterprises in the province [1] Industry Distribution - The new marine "little giant" enterprises are primarily concentrated in four sectors: marine engineering equipment manufacturing (37 new enterprises), marine shipbuilding (27), marine materials manufacturing (27), and marine equipment manufacturing (19), showcasing distinct industrial characteristics [1] Regional Distribution - The cities of Nanjing, Suzhou, Wuxi, and Nantong account for 62.7% of the new enterprises, indicating a significant "along the river" clustering effect, which serves as a core force driving high-quality development of the regional marine economy [1] Innovation Breakthroughs - Jiangsu's marine "little giant" enterprises have achieved multiple innovations in deep-sea development and utilization, such as the domestically produced all-sea deep optical cable winch system "Haiwei GD11000" by Nantong Liwei Machinery, filling a domestic technology gap [2] - Hengtong Optic-Electric has developed dynamic cables that cover three core scenarios: offshore wind power, marine oil and gas, and offshore hydrogen production [2] - Zhongtian Technology's underwater optical composite cable stands out in underwater observation and cross-sea communication, leading in these sectors [2] - Wuxi Haiying Jike focuses on high-end marine electronic equipment, developing key products like a 10,000-meter depth gauge to significantly enhance deep-sea exploration capabilities [2] Green and Low-Carbon Development - In the field of green low-carbon development, clean energy equipment and green ships have shown promising results, with 40% of new orders from Yangzi Mitsui Shipbuilding being for green ships [2] - Haisan Clean Energy has achieved breakthroughs in FLNG (Floating Liquefied Natural Gas) technology and model innovation, becoming the only company globally to independently deliver FLNG projects [2]