中新网广州1月23日电 (记者 蔡敏婕)2026年，广州越秀西湖花市主牌楼以宋朝时期"广州第一高楼"，享 有"南州冠冕"美誉的共乐楼为设计原型，展现广州商贸繁荣景象。 由广州市越秀区迎春花市指挥部主办的2026年越秀西湖花市新闻发布会23日在广州举行，指挥部常务副 总指挥、副区长王卫国表示，本届越秀西湖花市将广绣、打铜、饼印、榄雕、醒狮、通草画、广彩、广 钟等广府文化瑰宝融入花市场景，以创新表达活化非遗传承，让千年广府文化在百年花市中焕发出新时 代的光彩。 王卫国称，主牌楼前"万马奔腾"主题生肖造型，借鉴2026年马年邮票马匹造型，展示"群骥驰骋"的壮阔 图景；中心花坛以广府非遗红木宫灯为设计原型，绽放千年商都的开放情怀和生命力；铜壶滴漏花景， 借鉴唐三彩陶马的壮硕矫健造型，富有动感和活力；教育路口"神驹献瑞"小景，以"中华第一青铜马"为 主体设计原型，寓意福泽临门、表达新年祝福。 今年越秀西湖花市强化安保措施，运用5G、视频分析、人工智能等高科技手段，实时掌握花市及周边 区域情况，动态更新花市现场瞬时人流和累计人流，发现"堵点"及时疏导，提升通行效率。优化升级安 保设施，在花市区域及周边重点路段设置执勤升降 ...

每经AI快讯，国际复材（301526.SZ）1月23日在投资者互动平台表示，公司生产的电子布作为电子工业 的重要基础材料，主要应用于印制电路板（PCB）。其中，公司自主研发、拥有独立知识产权的5G用 低介电玻璃纤维已在高端手机、5G高频通信用关键透波制品等产品上得到应用。具体应用场景由客户 根据市场实际需求确定。 每日经济新闻 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前核实。据此操作，风险自担。 （记者 张明双） ...

Core Insights - The company expects to expand its losses in 2025, with projected revenue of approximately 921 million yuan, a year-on-year increase of about 43.75% [1] - The storage segment has achieved profitability, while the company continues to invest heavily in the high-performance GPU sector, reporting an investment loss of 166 million yuan last year [1] Financial Performance - The company anticipates a net profit loss ranging from 214 million yuan to 174 million yuan in 2025, representing an increase in losses of 4.1% to 280.3 million yuan compared to the previous year [1] - The net profit loss after deducting non-recurring items was between 241 million yuan and 201 million yuan last year, with a slight increase in losses of 0.15% to 200.9 million yuan [1] Market Dynamics - The small-capacity storage chip market has benefited from an AI-driven industry upcycle, with improved supply-demand dynamics and steady product price recovery [1] - The company’s products are experiencing a structural growth in demand due to ongoing 5G base station construction, smart city upgrades, innovations in wearable devices, and the electrification and intelligence trends in the automotive industry [1] Technological Advancements - The company is focusing on the integration of storage, computing, and networking, maintaining high levels of R&D investment, with significant expenditures reported during the period [2] - In the storage segment, the company is solidifying its technological leadership in SLC NAND Flash, with 1xnm flash products achieving mass production and sales [2] - The company is also enhancing the reliability of its storage products, advancing the development and industrialization of automotive-grade storage products [2] Investment Strategy - In 2024, the company made a strategic investment of 200 million yuan in Lishuan Technology (Shanghai) Co., Ltd., which specializes in GPU chip design [3] - The first self-developed GPU chip, "7G100," successfully completed its first tape-out in 2025, with initial graphics cards delivered to customers [3] - The company plans to invest an additional 211 million yuan in 2025 to deepen its engagement in the high-performance GPU sector, with an expected investment loss of approximately 166 million yuan for the year [3] Market Performance - Since the press conference held by Lishuan Technology in July last year, the company's stock price has surged, with a cumulative increase of over 200%, and the latest market capitalization stands at 53.2 billion yuan [3]

智通财经APP讯，东芯股份(688110.SH)发布2025年年度业绩预告，2025年度实现归属于母公司所有者的 净利润将出现亏损，实现归属于母公司所有者的净利润预计-1.74亿元至-2.14亿元。与上年同期(法定披 露数据)相比，亏损将增加685.81万元至4,685.81万元，亏损增加4.10%至28.03%。 2025年度，公司所处的中小容量存储芯片市场受益于人工智能驱动的新一轮行业上升周期，供需结构持 续优化，产品销售价格稳步回升。在此背景下，随着5G基站建设的持续推进、智慧城市建设带动的安 防设备升级、智能穿戴设备的功能创新、以及汽车电动化与智能化的产业浪潮，公司产品所面对的网络 通信、安防监控、消费电子、工业控制、汽车电子等下游应用领域需求整体呈现复苏与结构性增长。面 对上述持续向好的市场机遇，公司积极把握行业发展态势，坚定深耕存储芯片主业，通过有效的市场策 略与客户拓展，带动了公司营业收入与盈利能力的同步提升。 2025年度，公司围绕"存储"核心业务，在"存、算、联"一体化领域持续进行技术布局，并维持了高水平 的研发投入。在存储板块，公司继续巩固SLCNANDFlash行业的技术领先优势，推动产 ...

Group 1 - The company, Zhongguang Lightning Protection, is a supplier of lightning protection products for major global telecommunications equipment manufacturers such as Ericsson, ZTE, Nokia, and Samsung [1] - The technical reserves for lightning protection products for 5G communication equipment have been validated in the market [1] - The company's revenue in the telecommunications sector for the first half of 2025 is projected to be 111.23 million yuan, representing a year-on-year growth of 12.43% [1] Group 2 - The demand for the telecommunications technology service industry is expected to enter a rapid growth phase due to the ongoing construction of 5G and 6G networks and new infrastructure initiatives [1]

Group 1: Company Overview and Market Position - Sichuan Zhongguang Lightning Protection Technology Co., Ltd. is a leading enterprise in the lightning protection sector in China, supplying products to major global communication equipment manufacturers such as Ericsson, ZTE, Nokia, and Samsung [2]. - The company reported a revenue of CNY 111.23 million in the communication sector for the first half of 2025, marking a year-on-year growth of 12.43% [2]. - The company holds a unique position in the market, being the only publicly listed company in the Shanghai and Shenzhen stock exchanges with over 50% of its main business revenue derived from lightning protection [4]. Group 2: Product Development and Revenue Growth - The company's electronic components, including magnetic components and RF devices, achieved a revenue of CNY 57.31 million in the first half of 2025, reflecting a significant year-on-year increase of 70.73% [2]. - In the energy sector, the company reported a revenue of CNY 82.35 million in the first half of 2025, which is a 35.84% increase compared to the previous year, driven by rising customer demand [3]. Group 3: Technological Advancements and R&D - The company has developed EMP protection products capable of shielding against nuclear electromagnetic pulses and high-power microwave radiation, although these products have not yet reached mass production [3]. - The company is actively involved in the development of 6G technology, maintaining close technical ties with clients and adapting to their customized product needs [3]. Group 4: Industry Applications and Projects - The company has participated in numerous lightning protection engineering projects, including those for high-speed rail, nuclear power plants, and military applications, covering complex scenarios such as the Qinghai-Tibet Railway and the CCTV headquarters [3]. - In the renewable energy sector, the company provides tailored SPD products for traditional power, wind, solar energy, and charging stations, enhancing its market share through innovative product offerings [3].

400 → 389,88 0 - 200 100 0 28 07 2 6 6 40.68 -65.64 -100 =135.9 -200 -300 3-09-30 124-03-30 -06-30 <3-12-30 24-06-30 4-09-30 4-12-30 2n. -○- 公司 -○- 行业均值 100 93o25 ହ 90 80 70 60 50 40 30 20 10 0 2023-12-30 ' +-12-30 · 4-06-30 4-03-30 2n- -O- 公司 -O- 行业均值 制图数据来自恒生聚源数据库 中证智能财讯东芯股份（688110）1月23日晚间披露2025年度业绩预告，预计2025年实现营业收入9.21亿元，同比增长43.75%；归母净利润亏损1.74亿元至 2.14亿元，上年同期亏损1.67亿元；扣非净利润亏损2.01亿元至2.41亿元，上年同期亏损2.01亿元。以最新收盘价计算，市净率（LF）约17.1倍，市销率 （TTM）约57.74倍。 以本次披露业绩预告均值计算，公司近年市盈率（TTM）图如下所示： 近年来市盈率变化情况（倍） 市净率(LF)历史分位(%) 100 ...

Financial Performance - Ericsson's Q4 2025 organic sales increased by 6% year-over-year[5, 11] - The adjusted gross margin for Q4 2025 was 48.0%[5, 12, 15] - The adjusted EBITA margin for Q4 2025 was 18.3%[5, 12, 16] - For the full year 2025, organic sales grew by 2% year-over-year[5, 18, 19] - The adjusted gross margin for full year 2025 was 48.1%[5, 18, 19] - The adjusted EBITA margin for full year 2025 was 18.1%[5, 18, 19] - Free cash flow before M&A for Q4 2025 was SEK 14.9 billion[12, 16] - Free cash flow before M&A for full year 2025 was SEK 26.8 billion[18, 19] Segment Performance - Networks segment Q4 organic sales grew by 4%[24] - Cloud Software and Services segment Q4 organic sales grew by 12%[29] - Enterprise segment Q4 organic sales grew by 2%[32] Regional Performance - In Q4 2025, Europe, Middle East and Africa (EMEA) saw organic growth of 13%[11] - South East Asia, Oceania and India saw organic growth of 19%[11]

Core Insights - Qualcomm Ventures LLC, a subsidiary of Qualcomm, is participating in the IPO of Longcheer Technology, marking a significant milestone in their nearly two-decade collaboration focused on innovation and technology synergy [1][3] - The partnership aims to leverage the explosive growth of AI at the edge, enhancing their strategic cooperation and commitment to advancing AI development in terminal devices [1][3] Group 1: Partnership and Collaboration - Longcheer Technology's Chairman, Dr. Du Junhong, emphasized that the collaboration with Qualcomm is rooted in a shared pursuit of innovation and deepening cooperation, with Qualcomm's participation in the IPO affirming their long-term relationship [3] - Qualcomm's China Chairman, Meng Pu, expressed enthusiasm for supporting Longcheer's next development phase, aiming to accelerate innovation in multi-category terminal products by combining Qualcomm's strengths in connectivity and edge AI [3][5] Group 2: Market Position and Performance - Qualcomm is recognized as a leader in mobile communications and smart computing, extending its influence beyond traditional smartphones to sectors like PC, XR, automotive, and IoT, thereby supporting digital transformation across various industries [5][6] - Longcheer Technology is projected to ship 173 million smartphones in 2024, ranking first globally in ODM, with an overall ODM shipment market share of 22.4%, positioning it as a significant player in the consumer electronics sector [6] Group 3: Future Directions - The collaboration between Longcheer and Qualcomm is set to expand into key areas such as AI PCs and wearable devices, with Longcheer being a core partner in Qualcomm's "AI Accelerate Program," exploring new applications for edge AI [7]

Core Insights - Crown Castle Inc. (CCI) has a market capitalization of approximately $38 billion and operates a vast communications infrastructure portfolio, including around 40,000 cell towers and 90,000 route miles of fiber across major U.S. markets, facilitating essential wireless services and data flow nationwide [1] Financial Performance - Analysts expect CCI to report an AFFO of $1.01 per share for fiscal Q4 2025, representing a 43.9% decrease from $1.80 per share in the same quarter last year, although the company has consistently exceeded Wall Street's bottom-line estimates in the last four quarters [2] - For fiscal 2025, the projected AFFO is $4.12 per share, down nearly 41% from $6.98 per share in fiscal 2024, but is anticipated to increase by 15.1% year-over-year to $4.74 per share in fiscal 2026 [3] Stock Performance - CCI stock has declined by 2.5% over the past 52 weeks, underperforming the S&P 500 Index, which gained 13.6%, and the State Street Real Estate Select Sector SPDR ETF, which had a marginal return during the same period [4] - Following the Q3 2025 results announced on October 22, where CCI reported an AFFO of $1.12 per share and revenue of $1.07 billion, the stock experienced a slight recovery, and the company raised its annual site rental revenue forecast to between $4.01 billion and $4.05 billion, indicating steady demand from major carriers upgrading to 5G [5] Analyst Ratings - The consensus rating for CCI stock is cautiously optimistic, with a "Moderate Buy" rating from analysts. Among 19 analysts, 10 recommend a "Strong Buy," one has a "Moderate Buy," and eight suggest a "Hold," reflecting a less bullish outlook compared to three months ago when 12 analysts recommended a "Strong Buy" [6] - The average analyst price target for Crown Castle is $108.39, indicating a potential upside of 25.8% from current levels [6]