来源：新浪证券-红岸工作室 1月5日，兆龙互连涨1.22%，成交额2.54亿元，换手率1.87%，总市值182.60亿元。 异动分析 铜缆高速连接+光纤概念+5G+机器视觉+人民币贬值受益 1、根据2025年7月30日互动易：公司凭借在高速电缆领域的技术积累，已成为国际头部互联方案商在有 源电缆（AEC）领域的核心合作伙伴。 主力没有控盘，筹码分布非常分散，主力成交额1.23亿，占总成交额的9.81%。 2、根据2025年5月29日投资者关系活动记录表：公司光产品涵盖光纤跳线、MPO/MTP预端接、LC光纤 连接器等。目前国内主要服务于金融系统（如银行）、高等院校、医疗、展馆等中高端项目；同时正进 一步拓展海外市场，逐步形成小批量业务阶段。 3、招股说明披露：公司是国内少数有能力设计制造超六类、七类、超七类乃至八类数据电缆的企业， 能够满足 5G 时代新的数据传输需求。 4、2025年2月27日互动易：公司机器视觉产品已经批量运用于多种机器视觉连接系统解决方案，包含 CoaXPress、GigE、10GigE、Camera Link、光跳线等。 5、根据2024年年报，公司海外营收占比为61.93%，受益于人 ...

1、根据2025年7月30日互动易：公司凭借在高速电缆领域的技术积累，已成为国际头部互联方案商在有 源电缆（AEC）领域的核心合作伙伴。 2、根据2025年5月29日投资者关系活动记录表：公司光产品涵盖光纤跳线、MPO/MTP预端接、LC光纤 连接器等。目前国内主要服务于金融系统（如银行）、高等院校、医疗、展馆等中高端项目；同时正进 一步拓展海外市场，逐步形成小批量业务阶段。 3、招股说明披露：公司是国内少数有能力设计制造超六类、七类、超七类乃至八类数据电缆的企业， 能够满足 5G 时代新的数据传输需求。 4、2025年2月27日互动易：公司机器视觉产品已经批量运用于多种机器视觉连接系统解决方案，包含 CoaXPress、GigE、10GigE、Camera Link、光跳线等。 5、根据2024年年报，公司海外营收占比为61.93%，受益于人民币贬值。 来源：新浪证券-红岸工作室 12月24日，兆龙互连涨0.47%，成交额4.86亿元，换手率3.41%，总市值174.81亿元。 异动分析 (免责声明：分析内容来源于互联网，不构成投资建议，请投资者根据不同行情独立判断) 铜缆高速连接+光纤概念+5G+机器视觉 ...

来源：新浪证券-红岸工作室 12月19日，兆龙互连跌1.87%，成交额3.13亿元，换手率2.31%，总市值164.20亿元。 异动分析 铜缆高速连接+光纤概念+5G+机器视觉+人民币贬值受益 1、根据2025年7月30日互动易：公司凭借在高速电缆领域的技术积累，已成为国际头部互联方案商在有 源电缆（AEC）领域的核心合作伙伴。 2、根据2025年5月29日投资者关系活动记录表：公司光产品涵盖光纤跳线、MPO/MTP预端接、LC光纤 连接器等。目前国内主要服务于金融系统（如银行）、高等院校、医疗、展馆等中高端项目；同时正进 一步拓展海外市场，逐步形成小批量业务阶段。 3、招股说明披露：公司是国内少数有能力设计制造超六类、七类、超七类乃至八类数据电缆的企业， 能够满足 5G 时代新的数据传输需求。 4、2025年2月27日互动易：公司机器视觉产品已经批量运用于多种机器视觉连接系统解决方案，包含 CoaXPress、GigE、10GigE、Camera Link、光跳线等。 5、根据2024年年报，公司海外营收占比为61.93%，受益于人民币贬值。 (免责声明：分析内容来源于互联网，不构成投资建议，请投资者根据不 ...

| 600869 | 远东股 | 3.05 | 1.95 | 1394.17 | 4.19 | | --- | --- | --- | --- | --- | --- | | | 份 | | | | | | 300557 | 理工光 | 5.74 | 12.1 1 | 1357.51 | 2.94 | | | 科 | | | | | | 300757 | 罗博特 科 | 4.44 | 3.97 | 1231.14 | 0.99 | | 300565 | 科信技 术 | 5.08 | 12.47 | 1201.86 | 3.34 | | 603386 | 骏亚科 技 | -0.46 | 9.25 | 882.74 | 1.99 | | 688518 | 联赢激 光 | 2.24 | 2.22 | 776.92 | 4.69 | | 688143 | 长盈通 | 5.95 | 7.64 | 768.62 | 1.87 | | 301517 | 陕西华 | 2.49 | 15.90 | 477.65 | 0.50 | | | 达 | | | | | | 300398 | 飞凯材 料 | -1.20 | 5.03 | ...

证券研究报告 2025 年 12 月 16 日 星期二 【A 股市场大势研判】 指数集体收绿 市场表现： | 指数名称 | 收盘点位 | 涨跌幅 | 涨跌 | 上证指数分时图 | | --- | --- | --- | --- | --- | | 上证指数 | 3867.92 | -0.55% | -21.42 | | | 深证成指 | 13112.09 | -1.10% | -146.24 | | | 沪深 300 | 4552.06 | -0.63% | -28.89 | | | 创业板 | 3137.80 | -1.77% | -56.56 | | | 科创 50 | 1318.91 | -2.22% | -29.97 | | | 北证 50 | 1431.95 | -1.09% | -15.74 | | 资料来源：东莞证券研究所，iFinD 数据 消息方面，1-11 月固定资产投资（不含农户）同比下降 2.6%，前值降 1.7%；11 月社 会消费品零售同比增 1.3%，前值增 2.9%；11 月规模以上工业增加值同比增 4.8%，前值增 4.9%。总的来看，11 月份国民经济运行总体平稳，延续稳中有 ...

Market Overview - As of December 15, the optical fiber concept sector declined by 2.22%, ranking among the top losers in the market, with major stocks like Yangtze Optical Fiber and Cable falling to their daily limit [1] - The sector saw a net outflow of 5.038 billion yuan from main funds, with 57 stocks experiencing outflows, and 18 stocks seeing outflows exceeding 100 million yuan [2] Key Stocks Performance - Major decliners in the optical fiber sector included ZTE Corporation, which saw a net outflow of 601.61 million yuan, and other significant losers such as Changxin Bochuang and Yongding Co., with outflows of 480.78 million yuan and 466.66 million yuan respectively [2][3] - Conversely, stocks like Zhongtian Technology, AVIC Optoelectronics, and Huamai Technology experienced net inflows of 109.12 million yuan, 69.52 million yuan, and 56.86 million yuan respectively [2][4] Notable Gainers - Among the few gainers in the optical fiber sector, Falunsheng, Shaanxi Huada, and Huamai Technology recorded increases of 10.05%, 6.88%, and 6.00% respectively [1][4]

来源：新浪证券-红岸工作室 12月15日，兆龙互连跌5.19%，成交额4.51亿元，换手率3.31%，总市值164.42亿元。 异动分析 铜缆高速连接+光纤概念+5G+机器视觉+人民币贬值受益 1、根据2025年7月30日互动易：公司凭借在高速电缆领域的技术积累，已成为国际头部互联方案商在有 源电缆（AEC）领域的核心合作伙伴。 2、根据2025年5月29日投资者关系活动记录表：公司光产品涵盖光纤跳线、MPO/MTP预端接、LC光纤 连接器等。目前国内主要服务于金融系统（如银行）、高等院校、医疗、展馆等中高端项目；同时正进 一步拓展海外市场，逐步形成小批量业务阶段。 3、招股说明披露：公司是国内少数有能力设计制造超六类、七类、超七类乃至八类数据电缆的企业， 能够满足 5G 时代新的数据传输需求。 4、2025年2月27日互动易：公司机器视觉产品已经批量运用于多种机器视觉连接系统解决方案，包含 CoaXPress、GigE、10GigE、Camera Link、光跳线等。 5、根据2024年年报，公司海外营收占比为61.93%，受益于人民币贬值。 (免责声明：分析内容来源于互联网，不构成投资建议，请投资者根据不 ...

Core Viewpoints - The A-share market saw all three major indices rise on Friday, with the Shanghai Composite Index up by 0.7%, the Shenzhen Component Index up by 1.08%, and the ChiNext Index up by 1.36%. The total trading volume in the Shanghai and Shenzhen markets reached 1,725.659 billion yuan [1][6] - In terms of industry performance, non-bank financials, metals, and machinery equipment led the gains, while banking, public utilities, and transportation sectors lagged behind [1][6] - The Hang Seng Index in Hong Kong rose by 0.58%, and the Hang Seng Technology Index increased by 0.84%. In overseas markets, the three major US indices also saw collective gains, with the Dow Jones up by 0.22%, the S&P 500 up by 0.19%, and the Nasdaq up by 0.31% [1][6] Important News - As of the end of November, China's foreign exchange reserves stood at 33,464 billion USD, an increase of 30 billion USD from the end of October, marking a rise of 0.09%. This figure has remained above 3.3 trillion USD for four consecutive months and is the highest since December 2015. Additionally, the central bank's gold reserves reported at 7,412 million ounces, with an increase of 30,000 ounces month-on-month, marking the 13th consecutive month of gold accumulation since last November [2][7] - A draft of the "Guidelines for Performance Evaluation Management of Fund Management Companies" has been issued, which strengthens performance assessments and links various indicators to profitability. The regulations require that the proportion of investments by executives and fund managers be increased, with at least 30% of their annual performance compensation tied to purchasing their own company's funds. Fund managers' performance compensation will be closely linked to fund performance, with significant reductions in compensation for those whose products underperform benchmarks by over ten percentage points in the past three years [2][7] Industry Insights - In December, TV panel prices are expected to stabilize, with a warming demand anticipated next year. According to data from Lottu Technology, the prices of LCD TV panels from major manufacturers saw an increase in November, with small sizes rising by 0.5-1 USD and medium to large sizes by 2-3 USD. Although the settlement price is expected to decline, the rate of decline is anticipated to narrow [8][9] - The upcoming sports events in 2026, such as the Winter Olympics and the World Cup, are expected to boost demand for panels, leading downstream manufacturers to stock up in advance, which will provide support for LCD TV panel prices. The demand for large-sized displays continues to grow, with a projected 6% year-on-year increase in global display panel area demand in 2026 [9][10] - The operating rates of LCD panel manufacturers remain high, and the depreciation pressure on production lines is expected to ease, improving operational pressures. In October 2025, the global shipment of large-sized LCD TV panels reached 20.6 million units, an 8% year-on-year increase, despite a 4.8% month-on-month decline [10][11]

| 688143 | 长盈通 | 13.16 | 14.41 | 973.07 | 1.80 | | --- | --- | --- | --- | --- | --- | | 301329 | 信音电 | 3.56 | 18.86 | 865.62 | 3.26 | | | 子 | | | | | | 300447 | 全信股 | 2.42 | 8.03 | 853.48 | 3.24 | | | 份 | | | | | | 301289 | 国缆检 | 4.64 | 2.42 | 837.01 | 7.82 | | | 测 | | | | | | 603618 | 杭电股 份 | 3.22 | 2.64 | 731.94 | 5.04 | | | 新能泰 | | | | | | 000720 | 山 | 0.87 | 1.06 | 707.23 | 15.37 | | 002179 | 中航光 | 0.87 | 0.66 | 535.97 | 1.18 | | | 电 | | | | | | 300747 | 锐科激 | 3.19 | 2.52 | 473.91 | 1.44 | | | 光 | | | ...

截至12月5日收盘，租售同权概念下跌0.17%，位居概念板块跌幅榜前列，板块内，三湘印象、合肥城 建、财信发展等跌幅居前，股价上涨的有17只，涨幅居前的有锦和商管、首开股份、明牌珠宝等，分别 上涨2.78%、2.53%、1.89%。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 超导概念 | 4.15 | 租售同权 | -0.17 | | 光纤概念 | 3.67 | 流感 | 0.03 | | 福建自贸区 | 3.57 | 芬太尼 | 0.08 | | 可控核聚变 | 3.42 | 医药电商 | 0.12 | | 商业航天 | 3.32 | 幽门螺杆菌概念 | 0.14 | | 海峡两岸 | 3.05 | 肝炎概念 | 0.18 | | 特高压 | 2.94 | 仿制药一致性评价 | 0.23 | | 军工信息化 | 2.89 | 国家大基金持股 | 0.29 | | 数字水印 | 2.80 | 阿尔茨海默概念 | 0.34 | | 太赫兹 | 2.74 | 生物疫苗 | 0.34 | 租售同权概念资金流出 ...