来源：长江商报 长江商报消息 ●长江商报记者 沈右荣 突破百元，A股上市不到两年的广合科技（001389.SZ）股价创了新高。 1月26日，广合科技盘中股价突破106.55元/股，创下了历史新高，最终收报102.31元/股，较发行价17.43元/股上涨 近5倍。 股价创新高的广合科技，2025年预计盈利10亿元左右，也创了历史新高，同比增长50%左右。 广合科技解释，业绩增长主要是因为受益于算力供应链需求旺盛，公司以全球化产能为支点，在算力浪潮中稳健 前行。 广合科技是一家PCB企业，致力于以高速、高频为主的高端PCB制造。 主攻高端市场，公司研发投入持续增长。2025年前三季度，公司研发投入1.94亿元，已经超过了2024年全年。 广合科技深耕全球市场。2025年上半年，公司来自于境外市场的收入占比为66.29%。 为了深化全球化战略布局，广合科技寻求港股上市，通过募资补充全球布局的"弹药"。1月23日晚，公司公告，其 拟发行不超5439.35万股H股已获得中国证监会备案。 业绩股价双创新高 广合科技取得了创新高的经营业绩。 根据广合科技近期发布的年度业绩预告，2025年度，公司预计实现归母净利润9.80亿 ...

新一代天基信息服务竞争开启 "天数天算"加速： ▲ ▲ 随着AI技术的不断发展，行业对算力的需求持续飙升，将计算能力部署于太空，已逐渐从幻想变成产 业加速落地的现实考量。 A05·公司纵横 ...

Group 1 - The core strategy of Shaoguan is to build a "Smart Computing City" with an investment of 62 billion yuan, aiming to activate an ecological value of 75 billion yuan [1][2] - Shaoguan is positioned as one of the ten major data center clusters in the country, leveraging advantages such as geological safety, low costs, low network latency, and accelerated talent aggregation [5][6] - The city has established a layout of "three zones and one center," attracting 20 data center projects with a total investment of 62 billion yuan, and has built 120,000 standard racks with a computing power of 16,000 P [10][11] Group 2 - Shaoguan aims to expand its computing power supply to 300,000 standard racks by the end of this year, with a target computing power of 250 MW to better serve the AI industry in the Greater Bay Area [13][14] - The city is focused on creating a complete industrial ecosystem from hardware manufacturing to application services, accelerating the aggregation of upstream and downstream enterprises [15] - Infrastructure improvements, including power supply and network channels, are being prioritized to reduce latency and costs, attracting more ecological partners for collaborative growth [16] Group 3 - The "Hundred Million Project" has been effectively implemented, achieving initial results within three years and receiving an excellent rating in the provincial evaluation for 2024 [18][19] - Shaoguan's industrial revitalization has become a strong engine for county development, with 33 local industries included in the provincial directory [21][22] - The average operating income of village collectives is projected to increase from 538,600 yuan in 2022 to over 820,000 yuan by 2025 [23][24] Group 4 - The city plans to invest approximately 212 million yuan to install air conditioning in 29 public schools, achieving full coverage for middle and primary schools [42] - Shaoguan aims to establish a comprehensive rural logistics service system by the end of this year, with plans to build eight county-level logistics centers and over 1,085 village-level service points [51][53] - The focus on public services includes enhancing rural logistics to facilitate the two-way flow of goods between urban and rural areas [51]

Group 1: Computing Power - Gansu Consulting has no business related to computing power [1] - Capital Online will continue to seize opportunities in cross-border computing power services [1] Group 2: Semiconductors - Feikai Materials is collaborating on the development and testing of related materials to enhance the HBF process technology [1] Group 3: Aerospace - Sijin Intelligent has entered the substantial research and development stage for multi-station intelligent precision thermal forging equipment [1] - Thunder Micro Power's self-developed chips have been applied in Beidou navigation satellites [1] - Taili Technology is leveraging its core material technology advantages to deeply layout in the aerospace application sector [1]

证券日报网讯1月26日，利通电子（603629）发布公告称，公司预计2025年年度实现归属于上市公司股 东的净利润为2.70亿元到3.30亿元，同比增加996.83%到1240.57%。业绩预增的原因主要是算力业务端 盈利增加、制造端业务亏损收窄、对外投资公允价值正向变动确认所致。 ...

Core Viewpoint - The company, Yimikang, is expected to achieve a net profit of 25 million to 37 million yuan for the fiscal year 2025, marking a turnaround from losses in the previous year, primarily driven by significant growth in its precision cooling product business [1] Group 1: Financial Performance - The projected net profit for 2025 is between 25 million and 37 million yuan, with a non-GAAP net profit expected to be between 24 million and 36 million yuan, indicating a return to profitability year-on-year [1] - The main reason for the performance improvement is the substantial increase in revenue from precision cooling products [1] Group 2: Business Strategy - The company is focusing on the information data sector, integrating smart engineering, software platforms, and intelligent operations to enhance its precision cooling capabilities [1] - Yimikang has adopted a strategy of targeting major clients, aligning with the growing demand for precision cooling products in the domestic market, leading to a continuous increase in orders [1] - The company is also expanding its overseas orders significantly, contributing to the growth of its precision cooling product line [1] Group 3: Market Development - In 2025, the company will extend its smart engineering business to the construction of intelligent computing centers, supporting high-performance computing needs in various sectors, including AI model training and energy simulations [2] - The company has established a dual-market strategy, expanding its domestic client base with major companies like Alibaba and ByteDance, while also entering international markets in Southeast Asia and the Middle East [2] Group 4: Investment and Growth - In Q4 2025, a strategic investment from Chuanfa Securities Fund has been made, optimizing the company's equity structure and strengthening its foundation in the computing power sector [2] - Yimikang plans to raise funds through a private placement to enhance its research and development capabilities for cooling products, aiming to meet the fast-evolving demands of AI chips and GPU interconnections [2]

Group 1 - The AI sector experienced a general pullback on January 26, but the ChiNext AI index rebounded strongly towards the end of the trading day, driven by IDC data centers and CPO optical modules [1][6] - Notable stock performances included NetEase Technology hitting a 20% limit up, and Huahuan New Network rising over 8%, while Ruijie Networks surged nearly 13% and LianTe Technology increased by over 7% [1][6] - The ChiNext AI ETF (159363), which focuses on "computing power + AI applications," closed up 0.56% and saw a trading volume of 628 million yuan, with a total of over 2.1 billion yuan added in the past 10 days [1][6] Group 2 - The IDC data center sector is currently positioned at a low point in computing power, with multiple favorable factors expected to catalyze a revaluation of the sector [3][8] - Major domestic companies like ByteDance are significantly increasing their capital expenditure plans, and improvements in chip supply are noted, leading to a revival in bidding activities for data centers [3][8] - The CPO optical module sector is witnessing strong demand, and market dynamics are shifting as companies adjust to a crowded trading structure, with leading firms expected to maintain their competitive advantages [3][8] Group 3 - The current development of AI is transitioning from computing power construction to application implementation, with the ChiNext AI ETF and its associated funds directly benefiting from the commercialization of AI technology [3][8] - The ChiNext AI ETF allocates approximately 60% of its portfolio to computing power (including leading companies in optical modules and IDC) and about 40% to AI applications, representing both core computing power and true AI application leaders [3][8]

Group 1 - The company, Tianrongxin, has made advancements in the computing power sector by launching products such as the Intelligent Computing Cloud Platform, integrated computing machines, and computing power servers [2] - These products are designed to provide security support and computing power assistance for intelligent transformation across various industries [2]

Market Overview - On January 26, the market experienced fluctuations with significant divergence between large and small indices, where the Shenzhen Component and ChiNext indices opened high but closed down over 1% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 3.25 trillion yuan, an increase of 163 billion yuan compared to the previous trading day [1] - The market saw over 3,700 stocks decline, with only 79 stocks hitting the daily limit up [1] Sector Performance - The non-ferrous metals sector led the gains, particularly the precious metals concept, with notable performances from Sichuan Gold, which achieved four limit-ups in eight days, and Zijin Mining reaching a historical high [1] - The oil and gas sector also showed strength, with China National Offshore Oil Corporation hitting a historical high and Intercontinental Oil & Gas achieving three limit-ups in four days [1] - The chemical sector experienced a rebound, with stocks like Hongbaoli and Chengxing Co. hitting the limit up [1] - Conversely, the commercial aerospace and semiconductor equipment sectors faced significant declines, with several commercial aerospace stocks hitting the limit down [1] Limit-Up and Limit-Down Stocks - A total of 70 stocks hit the limit up today (excluding ST and delisted stocks), with 15 stocks on consecutive limit-ups [1] - Key stocks included Baiyin Nonferrous Metals with five consecutive limit-ups and Sichuan Gold with four limit-ups in eight days [1][9] Related Hotspots - The precious metals sector continues to rise, with gold prices in New York surpassing $5,100 and silver prices exceeding $109 [11] - In the AI sector, major companies like Tencent and Baidu have initiated cash red envelope activities for the Spring Festival, indicating a competitive landscape in AI applications [12] - The robotics sector saw a partnership announcement between China Central Television and Magic Atom for the 2026 Spring Festival Gala [12]

Group 1 - The company, Far East Holdings (600869), announced an expected net profit of 45 million to 65 million yuan for the year 2025, marking a turnaround from losses in the previous year, with stable development in its core business and breakthroughs in AI, computing power, and robotics [1] - The company is committed to implementing its "Electricity + Computing Power + AI" strategy in 2025, focusing on strategic customers, optimizing product structure, service systems, and business models, leading to positive development across its three main business areas [1] - Revenue from smart cable networks continues to grow, the utilization rate of smart batteries/storage is steadily increasing, significantly reducing losses, and there is a strong order backlog for smart airport projects, indicating stable operations [1] Group 2 - Far East Electric, a wholly-owned subsidiary, is a key technology partner in the global AI infrastructure and smart interconnection field, focusing on addressing core challenges in intelligent computing centers, robotics, and smart vehicles, providing full-stack solutions from design to system integration [2] - The product offerings include four core areas: high-speed interconnects, thermal management, battery storage, and power transmission, with liquid cooling plates used in next-generation GPU/CPU cooling acceleration cards and data center servers [2] - In 2026, the company plans to expand its core technology products and services, increasing sales of high-value products with independent intellectual property rights, such as special cables, marine cables, robotic harnesses, high-capacity/solid-state batteries/storage, liquid cooling products, and testing equipment for iterative computing chips [2]