公司在"第三代半导体"产业集群的进一步战略布局，旨在为新能源汽车、新型显示、光伏、储能、AI数 据中心等关键应用场景的业务拓展提供核心支撑，从而丰富集团的产品结构、协同客户开发，并推动上 下游产业链形成生态聚集效应。同时，通过与广州市工业和信息化发展基金及市、区两级国资平台等的 合作投资，将构建"政府引导、市场化运作、产业牵引"的协同机制，不仅以中长期资本支持广州战略性 产业关键项目落地和产业链能力提升，也将助力集团实现长远高质量发展，为股东创造更大价值回报。 晶科电子股份(02551)发布公告，于2026年2月24日，董事会决议批准公司作为有限合伙人，与万联天泽 (作为普通合伙人且为独立第三方)及新兴基金、高质量发展基金、南沙科金集团、南沙人工同智(各自作 为有限合伙人且为独立第三方)共同订立合伙协议，拟成立基金，基金总出资额预计为人民币6.68亿 元。公司拟承诺出资总额为人民币2.68亿元，约占基金承诺出资总额的40.12%，公司对基金的缴款将由 公司的内部资源拨付。预期基金成立后将不会入账列作公司的附属公司。 基金为一家拟根据中国法律成立的有限合伙企业，名称暂定为广州天泽晶芯创业投资基金合伙企业(有 限 ...

美国总统特朗普将于北京时间2月25日周三上午十点向国会联席会议发表国情咨文演讲。在今年中期选 举的政治压力下，他试图向选民推销其经济成绩，并寻求缓解公众对高生活成本的持续担忧。 此次演讲正值最高法院推翻其核心关税政策之际，市场正密切关注他在贸易议题上的最新表态与潜在的 反制措施。此外，据环球网报道，美国在中东进行军事集结并评估对伊朗采取行动，使得地缘政治风险 也成为投资者紧盯的焦点。 为了回应选民诉求，特朗普计划在演讲中公布多项旨在降低生活成本的国内新政。据华尔街日报报道， 其中包括要求科技巨头自行承担AI数据中心带来的高昂电力成本。这些政策动向预计将直接影响科 技、能源和医疗板块的市场预期。 在地缘政治方面，演讲的背景是美国在中东的军事集结。目前华盛顿正与德黑兰就潜在的核协议进行谈 判，特朗普同时也在考虑对伊朗实施打击。他预计将在演讲中专门阐述其"通过实力实现和平"的外交战 略。 经济放缓与中期选举压力 特朗普面临的一大挑战是，如何在赞美过去一年经济表现的同时，不忽视选民的担忧。尽管通胀有所降 温，但上周公布的政府数据显示，美国经济增长在去年年底出现大幅放缓。 在经济增速放缓和支持率下滑的背景下，此次国情咨 ...

Core Viewpoint - The global demand for energy storage devices is surging due to the rapid expansion of new energy infrastructure and the high electricity consumption of AI data centers, leading to significant order growth for companies in Shenzhen's energy storage supply chain [1][6]. Group 1: Company Performance - Shenzhen-based energy storage laser equipment supplier Haimeixing has seen its production staff nearly double due to a surge in orders, with expected shipment volume in the second half of 2025 increasing by approximately 80% year-on-year, and new orders in January 2026 projected to exceed 1 billion yuan [1][3]. - Songsheng Co., a supplier of energy storage inverters, reported a rapid increase in its energy storage business starting from the fourth quarter of 2025, with revenues expected to reach approximately 75-85 million yuan for the year and around 40-50 million yuan in the first quarter of the following year [3][4]. - Daotong Technology is preparing for increased energy storage procurement from North American data center clients, with expected government subsidies for power grid upgrades and charging infrastructure amounting to approximately 400-500 million USD annually [4][5]. Group 2: Market Trends - The demand for energy storage is expected to explode post-2025, driven by the increasing electricity consumption of AI data centers, which is projected to account for 6.7%-12% of total U.S. electricity consumption by 2028, compared to just 2% before 2020 [6][9]. - The cost of energy storage is decreasing, with estimates indicating that by the second half of 2025, the cost per kilowatt-hour for independent energy storage stations in China will drop to between 0.35-0.60 yuan, making some projects profitable [6][9]. - The Australian government has released significant energy storage orders through its Capacity Investment Scheme, with a total scale of 4.13 GW / 15.37 GWh awarded in September 2025, indicating a strong global push for energy storage solutions [9][10]. Group 3: Industry Expansion - Major battery manufacturers are rapidly expanding production capacity to meet surging demand, with CATL confirming that its production capacity is nearing saturation and is accelerating expansion plans [10][11]. - In December 2025, EVE Energy and Loxie Energy established a three-year cooperation plan for 20 GWh, while CATL announced additional investments in Guizhou for a new 30 GWh production base [11][12]. - The energy storage supply chain is receiving a substantial influx of orders as projects related to computing power and new energy infrastructure are intensifying [12].

天孚通信(300394) < 日 交易中 02-24 11:09:39 通 融 357.62 额 91.9亿 股本 7.77亿 市盈™51.72 万得 盘口 +46.04 +14.78% 换 3.41% 市值 2780亿 市净 56.99 分时 五日 日K 周K 月K 更多 ◎ 均价: 347.20 盘口 | 资金 叠加 15.20% 卖5 357.90 358 93 2 357.80 3 型4 卖3 357.78 3 卖2 357.77 2 5 0.00% 卖1 357.66 311.58 买1 357.57 4 三环集团(300408) 交易中 02-24 11:10:06 通 融 5 4 . 1 7 万得 盘口 +7.34 +12.93% 换 2.08% 市值 1229亿 市净 5.85 分时 五日 日K 周K 月K 更多 ◎ 均价:65.10 盘口 | 资金 叠加 19.39% 卖5 64.16 33 67.78 20 卖4 64.15 | স | 卖3 64.14 | 5 | | --- | --- | --- | | 卖2 64.13 | 37 | | | 29 | 0 000 2 64 1 | ...

长飞光纤（601869）光缆(06869)盘中涨超5%，高见135港元再创历史新高。截至发稿，涨4.46%，报 133.4港元，成交额17.98亿港元。 消息面上，根据中国电子元件行业协会，2026年1月，中国市场G.652.D单模光纤价格平均价格超40元/ 芯公里，创下近七年来新高，部分厂商报价达到50元/芯公里；1月单月市场价格涨幅就超过75%。华源 证券指，光纤价格上涨核心原因在于光纤供需的反转：供应端产能在不断出清，而需求端AI数据中心 建设加速驱动，导致各类光纤出现供不应求的情况。该行认为，光纤光缆景气度有望持续向上，看好相 关公司业绩随光纤价格上涨改善。 ...

消息面上，根据中国电子元件行业协会，2026年1月，中国市场G.652.D单模光纤价格平均价格超40元/ 芯公里，创下近七年来新高，部分厂商报价达到50元/芯公里；1月单月市场价格涨幅就超过75%。华源 证券指，光纤价格上涨核心原因在于光纤供需的反转：供应端产能在不断出清，而需求端AI数据中心 建设加速驱动，导致各类光纤出现供不应求的情况。该行认为，光纤光缆景气度有望持续向上，看好相 关公司业绩随光纤价格上涨改善。 智通财经APP获悉，长飞光纤光缆(06869)盘中涨超5%，高见135港元再创历史新高。截至发稿，涨 4.46%，报133.4港元，成交额17.98亿港元。 ...

Core Insights - The global demand for energy storage devices is surging due to the rapid expansion of renewable energy infrastructure and the high electricity consumption of AI data centers. This has led to significant order growth for companies in Shenzhen's energy storage supply chain [1][11]. Group 1: Company Performance - Shenzhen-based energy storage laser equipment supplier Haimeixing has seen its frontline production staff nearly double due to a surge in orders, with a projected 80% year-on-year increase in shipment volume by the second half of 2025. The company expects to receive over 1 billion yuan in new orders by January 2026 [1][3]. - Songsheng Co., a storage inverter company in Shenzhen, reported a rapid increase in its storage business, with revenues expected to reach approximately 75-85 million yuan in 2025, and first-quarter revenues projected to be around 40-50 million yuan, indicating a significant growth trend [4][5]. - Daotong Technology is preparing for increased energy storage procurement from North American data center clients due to power shortages. The company has established partnerships with power companies in several U.S. states, with expected government subsidies of around 400-500 million USD for grid upgrades and charging infrastructure [6][10]. Group 2: Market Trends - The demand for energy storage is expected to explode post-2025, driven by the increasing electricity consumption of AI data centers, which is projected to account for 6.7%-12% of total U.S. electricity consumption by 2028, up from 2% before 2020 [11]. - The cost of energy storage is decreasing, with estimates suggesting that by the second half of 2025, the cost of independent energy storage stations in China will drop to 0.35-0.60 yuan per kWh, making projects profitable in certain provinces [11][14]. - Australia is leading in energy storage expansion, having released large-scale storage orders through its Capacity Investment Scheme, with a total of 4.13 GW / 15.37 GWh awarded in September 2025 [14]. Group 3: Industry Developments - Major battery manufacturers are rapidly expanding production capacity to meet surging demand, with CATL reporting a 40% year-on-year increase in energy storage battery shipments, reaching approximately 90 GWh in the first three quarters of 2025 [15][16]. - Companies like EVE Energy and CATL are accelerating their expansion plans, with EVE establishing a three-year cooperation plan for 20 GWh and CATL investing in new production bases in Guizhou and Yunnan [16][17]. - The overall supply chain is benefiting from the influx of orders as projects related to computing power and renewable energy infrastructure are being implemented [17].

公司方面，据中证报表示，A股相关概念股有新易盛 、光迅科技等。 *免责声明：文章内容仅供参考，不构成投资建议 中证报指出，AI数据中心算力提升和下一代无线通信网络6G的蓬勃发展，要求在多样化场景满足信号 的高速、低时延传输。新系统破解"带宽鸿沟"，数据传输速率刷新目前已知的新纪录。这一系统可支持 光纤通信和无线通信双模式传输，显著提升了抗干扰能力。新系统"对融合光学和太赫兹通信系统的进 步作出重要贡献，在6G基站、无线数据中心等场景中极具应用潜力。 *风险提示：股市有风险，入市需谨慎 据中证报报道，我国科学家近日在国际上率先实现光纤通信与无线通信系统的跨网络融合，自主研发 的"光纤—无线一体化融合通信系统"刷新数据传输速率纪录。团队还模拟了6G大规模用户接入场景， 实现86个信道的多路实时8K视频接入演示，传输带宽较目前5G标准提升10倍以上。该突破由北京大学 联合鹏城实验室等团队完成，解决了光纤与无线通信间的"带宽鸿沟"，为6G发展奠定基础。 ...

2月23日早盘，港股三大指数高开。截至发稿，恒生指数涨2.6%报27100.94点，日内涨近700点；恒生国企指数涨2.86%报9215.75点，恒生科技指数涨 3.77%报5407.81点。 A50期指盘中快速拉升，截至发稿涨1.6%。 | | | 14961.0 今开 14715.0 最高 14964.0 最低 14683.0 | | | | | --- | --- | --- | --- | --- | --- | | 1.60% 236.0 | 总手 | 13.7万 持仓 100万 日增 | | -4895 | | | 结算 -- | 昨结 | 14725.0 | | 重零 | | | 分时 | 五日 | 日Ｋ 周Ｋ 月Ｋ | | 更多,◎ | | | 14964.0 | | | 1.62% 卖 1 14963.0 | 75 | | | | | | 买1 14961.0 | 26 | | | | | | 日 价 | 를 | | | | | | 10:34 14961.0 | 3 | | | | | | 10:34 14962.0个 | 18 | | | | | | 10:34 14961.0J | | ...

2月23日早盘，港股三大指数高开。截至发稿，恒生指数涨2.6%报27100.94点，日内涨近700点；恒生国 企指数涨2.86%报9215.75点，恒生科技指数涨3.77%报5407.81点。 A50期指盘中快速拉升，截至发稿涨1.6%。 个股方面，美团涨超7%，京东、中芯国际涨超5%，华虹半导体涨超4%，阿里巴巴涨超3%。 港股光通讯概念走强，截至发稿，长飞光纤光缆涨近17%，最新总市值为1080亿港元；汇聚科技涨超 8%，剑桥科技涨超5%。 | < V | | 长飞光纤光缆 | | | Ca Q | | --- | --- | --- | --- | --- | --- | | | | 06869 港股通 ▼ | | | | | 130.500 今开 116.200 最高 133.000 最低 115.500 | | | | | | | 16.94% 18.900 块子 | | 1.42% 总手 | | 600万 金额 | 7.66亿 | | 总值 1080亿 市盈 TM 177.42 市净 | | | | 8.34 | 重多 | | A股报价 213.39 -6.00% | | | | 溢价(H/A): ...