每经记者｜肖芮冬 每经编辑｜赵云 5月8日，市场全天低开高走，创业板指领涨。板块方面，军工、铜缆高速连接、脑机接口、CPO等板块涨幅居前，PEEK材料、农业、化肥、黄金 等板块跌幅居前。全市场超3800只个股上涨。沪深两市全天成交额1.29万亿元，较上个交易日缩量1749亿。 下面一起来看今天公募基金的表现。 （注：榜单1、榜单2仅选取灵活配置型、偏股混合型和普通股票型三类产品作为主动基金的代表，纳入统计；债基相关榜单包括各类主、被动债 券型基金） 1.单日涨幅榜 | 证券代码 | 证券简称 | 单日净值增长率(%) | 近1周回报(%) | 今年以来回报(%) | 基金经理(现任) | 基金规模(亿元) | | --- | --- | --- | --- | --- | --- | --- | | 023674.OF | 德邦新兴产业A | 4.8 | 10.92 | 3.48 | 袁之浩 | 0.12 | | 001437.OF | 易方达瑞享I | 4.58 | 10.75 | -0.79 | 武阳 | 6.68 | | 011891.OF | 易方达先锋成长A | 4.55 | 10.67 | -0. ...

Core Viewpoint - The company reported significant growth in revenue and net profit for the fiscal year 2024, indicating strong operational performance and market demand [1]. Financial Performance - The company achieved a revenue of 3.252 billion yuan, representing a year-on-year increase of 68% [1]. - The net profit attributable to shareholders reached 1.344 billion yuan, up 84% year-on-year [1]. - The net profit excluding non-recurring items was 1.314 billion yuan, reflecting an 83% increase year-on-year [1]. Business Segment Analysis - In 2024, the company's passive optical components business generated revenue of 1.576 billion yuan, a 33% increase year-on-year, while the active optical components business saw revenue of 1.655 billion yuan, up 122% year-on-year [2]. - Domestic revenue reached 778 million yuan, growing by 125% year-on-year, while overseas revenue was 2.473 billion yuan, marking a 55% increase year-on-year [2]. - The gross margin for passive components was 68.4%, an increase of 8.2 percentage points year-on-year, while active components had a gross margin of 46.7%, up 1.9 percentage points year-on-year [2]. Operational Insights - In the second half of 2024, the company reported passive revenue of 879 million yuan, a 26% increase from the first half, attributed to workforce expansion and increased customer demand [2]. - Active revenue was 835 million yuan, reflecting a 2% increase from the first half, indicating stable demand for 800G optical engine products [2]. - The company’s inventory increased by 13.2% quarter-on-quarter in Q4 2024, suggesting a positive demand outlook [3]. Strategic Developments - The establishment of overseas production capabilities, particularly in Thailand, is expected to enhance delivery capacity and mitigate tariff impacts [3]. - The company is well-positioned to capitalize on the emerging markets of CPO (Chip-on-Board) and Optical I/O, driven by AI advancements and increasing bandwidth requirements [4]. Future Outlook - The company anticipates continued growth in net profit, projecting 2.081 billion yuan in 2025, 2.741 billion yuan in 2026, and 3.386 billion yuan in 2027, with corresponding year-on-year growth rates of 55%, 32%, and 24% [4]. - The company maintains a "buy" rating based on its strong growth trajectory and market positioning [4].

Market Overview - The Shanghai Composite Index closed at 3352.00 points, up 0.28%, with a trading volume of 501.61 billion yuan [1] - The Shenzhen Component Index closed at 10197.66 points, up 0.93%, with a trading volume of 791.79 billion yuan [1] - The ChiNext Index closed at 2029.45 points, up 1.65%, with a trading volume of 375.82 billion yuan [1] - The STAR Market 50 Index closed at 1026.44 points, down 0.36%, with a trading volume of 21.70 billion yuan [1] - Total trading volume for both markets was 1.29 trillion yuan, a decrease of 174.93 billion yuan from the previous trading day [1] Sector Performance - Strong sectors included defense and military, telecommunications, electric power equipment, banking, machinery, media, environmental protection, and home appliances [3] - Active concepts included geothermal energy, CPO, space station, generator sets, copper cable high-speed connections, magnetic levitation, commercial aerospace, and sapphire [3] - Weak sectors included beauty care, non-ferrous metals, steel, jewelry, and petroleum and petrochemicals [3] Stock Performance - A total of 3678 stocks rose, while 1268 stocks fell, with 179 stocks remaining flat and 21 stocks suspended [3] - 104 stocks hit the daily limit up, while 10 stocks hit the daily limit down [3] - The most popular stock hitting the limit up was Shanzi Gaoke, with a closing limit up order of 55.07 million shares [3] Fund Flow - The net outflow of main funds in the Shanghai and Shenzhen markets was 1.878 billion yuan [7] - The ChiNext saw a net outflow of 397 million yuan, while the CSI 300 index had a net inflow of 3.007 billion yuan [8] - The telecommunications sector had the highest net inflow of main funds, totaling 2.433 billion yuan [8] Individual Stock Highlights - Ningde Times had the highest net inflow of main funds, amounting to 790 million yuan, with a rise of 2.50% [11][12] - 68 stocks saw net inflows exceeding 100 million yuan, with notable mentions including Xinyi Technology and Wolong Nuclear Materials [10] - Red Baoli experienced the largest net outflow of main funds, totaling 883 million yuan, with a decline of 9.50% [15][16] Institutional Activity - Institutions had a net selling of approximately 680 million yuan, with 12 stocks seeing net buying [18] - The stock with the highest institutional net buying was Dineike, with a net inflow of approximately 35.94 million yuan [19][20]

浙商证券表示，国防军工行业在"十四五"收官之际，"十五五"新一轮军备采购计划即将推出，大力发展国防军工建设路线坚定，实现作战装备高端化、 智能化、信息化方向明确。国防军工受益于陆军重点建设方向，内需外贸共促增长，行业长期景气上行。此外，特种装备订单恢复及远火外贸增长有望成为 行业催化剂，军工板块业绩拐点已现，全年营收计划同比大幅增长，行业景气度持续提升。 财信证券认为，短期内大盘或将延续震荡向上趋势，投资者可把握科技、消费、红利方向在轮动中的结构性机会。此外，今日港股三大指数低开高走后 显著回落。截至发稿，恒生指数涨0.24%，恒生科技指数涨0.38%，国企指数涨0.51%。 具体来看，A股三大股指在5月8日集体低开，盘初快速走高，带动三大股指早盘涨势明显。午后两市维持高位震荡的走势，个股呈现普涨态势。国防军 工板块午后走强，继续大涨，航天南湖、中航成飞、晶品特装、雷电微力、银河电子等超10股涨停或涨超10%。通信股走强，新易盛、有方科技、中际旭 创、海能达、剑桥科技等涨停或涨超10%。银行股涨幅居前，青农商行、青岛银行、渝农商行、宁波银行、浦发银行等涨超2%。不过，美容护理跌幅靠 前，拉芳家化跌超6%，稳健 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [9]. Core Views - The delivery of passive product lines is accelerating in H2 2024, while active products are awaiting the ramp-up of new 1.6T products. The company reported a revenue of 3.252 billion yuan in 2024, a year-on-year increase of 68%, and a net profit attributable to shareholders of 1.344 billion yuan, up 84% year-on-year [6][11]. - The company is experiencing improved cost management in Q4 2024, with inventory levels increasing by 13.2% quarter-on-quarter, indicating a positive demand outlook. The establishment of overseas production capacity is expected to enhance delivery capabilities and mitigate tariff impacts [11][12]. - The CPO/OIO market presents significant growth opportunities, driven by AI advancements and the increasing demand for high-performance optical modules [11][12]. Summary by Sections Financial Performance - In 2024, the company's passive components business generated revenue of 1.576 billion yuan, a 33% increase year-on-year, while the active components business achieved 1.655 billion yuan, a 122% increase year-on-year. Domestic revenue reached 778 million yuan, up 125%, and overseas revenue was 2.473 billion yuan, up 55% [11][12]. - The gross margin for passive components was 68.4%, an increase of 8.2 percentage points year-on-year, while active components had a gross margin of 46.7%, up 1.9 percentage points year-on-year [11][12]. Cost Management and Production Capacity - In Q4 2024, the company's expense ratios for sales, management, R&D, and financial costs were 0.3%, 3.7%, 6.9%, and -6.3%, respectively, showing improvements compared to previous quarters [11][12]. - The company is increasing its inventory levels, reflecting a positive demand trend, and its fixed assets have increased by 7.9% quarter-on-quarter, indicating the gradual establishment of overseas production capacity [11][12]. Market Outlook - The company is well-positioned to benefit from the CPO and Optical I/O markets, with expectations of continued growth driven by AI and high-performance optical module demand [11][12]. - The forecast for net profit attributable to shareholders for 2025-2027 is 2.081 billion yuan, 2.741 billion yuan, and 3.386 billion yuan, representing year-on-year growth rates of 55%, 32%, and 24%, respectively [11][12].

Market Performance - Major A-share indices opened lower but closed higher, with the ChiNext Index leading the gains, closing up 1.65% [1] - The Shanghai Composite Index rose by 0.28% to 3352 points, while the Shenzhen Component Index increased by 0.93% [1] - Total trading volume for the day was 1.32 trillion yuan, a decrease of 183.3 billion yuan compared to the previous trading day [1] - Over 3800 stocks rose in the market, indicating a broad-based rally [1] Sector Performance - The aerospace and military sector continued its upward trend, with AVIC Chengfei hitting a 20% limit up and Runbei Aerospace achieving four consecutive trading limit ups [2] - Runbei Aerospace confirmed that there were no significant undisclosed matters affecting its stock price, and its operational status remains normal [2] - Huawei's HarmonyOS concept stocks surged, with the HarmonyOS index rising over 2%, and individual stocks like ST Dongtong and Dongfang Zhongke hitting their daily limit up [2] Upcoming Events - The HarmonyOS computer is set to be officially launched on May 19, with the Huawei Developer Conference scheduled for June 20-22, 2025 [3] - The conference will allow participants to experience the latest version of HarmonyOS, which is expected to play a crucial role in Huawei's ecosystem [3] - Analysts believe that the HarmonyOS PC is a significant component of Huawei's broader ecosystem strategy, potentially reshaping the global operating system market [3]

Core Viewpoint - A-shares showed a positive trend with major indices closing higher, indicating a stable market environment supported by policy and liquidity improvements [1][11]. Market Performance - The three major indices closed with gains: Shanghai Composite Index up 0.28% to 3352.00, Shenzhen Component Index up 0.93% to 10197.66, and ChiNext Index up 1.65% to 2029.45 [2][1]. Sector Performance - The military industry sector led the gains, with stocks like AVIC Chengfei, Runbei Aerospace, and Aerospace Changfeng hitting the daily limit [4][5]. - The compressor concept stocks experienced a collective surge, with companies such as Magv Technology and Xinlei Co. seeing significant price increases [6]. Capital Flow - Main capital inflows were observed in communication equipment, cultural media, and consumer electronics sectors, while semiconductor and internet service sectors faced outflows [7]. - Notable net inflows included Ningde Times (8.17 billion), New Yi Sheng (6.78 billion), and沃尔核材 (6.59 billion) [8]. - Stocks facing significant net outflows included Hongbaoli (8.36 billion), Huasheng Tiancai (5.55 billion), and Changshan Beiming (4.86 billion) [9]. Institutional Insights - CITIC Construction noted that the market is stabilizing with improved liquidity and policy support, suggesting a focus on domestic circulation and technological innovation for future strategies [11]. - Shanghai Securities highlighted that the current market performance exceeds expectations, with positive sentiment and limited downside potential, attracting international capital [11]. - Founder Securities mentioned a rebound in polysilicon prices, indicating potential stabilization in that sector [12].

Market Overview - The military industry sector showed strong performance, with significant activity in CPO, high-speed copper connections, photovoltaics, computing power, and AI applications, while PEEK materials, gold, and agriculture sectors weakened [1][4] - As of May 8, the A-share market saw over 3,800 stocks rise, with the Shanghai Composite Index up 0.28%, the Shenzhen Component Index up 0.93%, and the ChiNext Index up 1.65% [1][2] Stock Performance - Specific stocks in the military sector, such as AVIC Chengfei, Runbei Aerospace, Aerospace Changfeng, and Chengfei Integration, experienced limit-up gains [4] - Compressor concept stocks also surged, with companies like Mag Valley Technology, Xinlei Co., Jialitu, and Liande Co. hitting the upper limit [4] Capital Flow - Main capital inflows were observed in sectors such as communication equipment, cultural media, and consumer electronics, while semiconductor and internet service sectors saw net outflows [5] - Notable net inflows included Ningde Times (¥8.17 billion), New Yi Sheng (¥6.78 billion), and沃尔核材 (¥6.59 billion), while net outflows were seen in Hongbaoli (¥8.36 billion), Huasheng Tiancai (¥5.55 billion), and Changshan Beiming (¥4.86 billion) [6] Institutional Insights - CITIC Construction noted that with policy support and improved liquidity, the market is stabilizing, suggesting a focus on domestic circulation and technological innovation for future strategies [7] - Shanghai Securities highlighted that the current market performance exceeds expectations, with positive sentiment and limited downside potential, attracting international capital [7] - Founder Securities mentioned a rebound in polysilicon prices, indicating potential stabilization and recovery in that sector [7]

收评：创业板指低开高走涨1.65% 军工股持续爆发 智通财经5月8日电，市场全天低开高走，创业板指领涨。沪深两市全天成交额1.29万亿，较上个交易日缩量1749亿。盘面上，市场热点快速轮动，个股涨多 跌少，全市场超3800只个股上涨。从板块来看，军工股持续爆发，中航成飞等20余股涨停。AI硬件股展开反弹，沃尔核材涨停。ST板块表现活跃，ST瑞和 等近40股涨停。下跌方面，PEEK材料概念股展开调整，新瀚新材跌超10%。板块方面，军工、铜缆高速连接、脑机接口、CPO等板块涨幅居前，PEEK材 料、农业、化肥、黄金等板块跌幅居前。截至收盘，沪指涨0.28%，深成指涨0.93%，创业板指涨1.65%。 | 上证指数 | 深证成指 | 创业板指 | | --- | --- | --- | | -3351.99 | -10197.66 | -2029.45 | | +9.33 +0.28% | +93.53 +0.93% | +32.94 +1.659 | | FREE WARRESS OF | FILE I | 700 | 昨涨停今表现 1.06% 高开率 48% 获利率 48% 封板率 74.00% 封板 66 触 ...

创业板指涨超1%，沪指涨0.26%，深成指涨0.53%，脑机接口、交运设备、保险、CPO等方向领涨，沪 深京三市上涨个股超3000只。 ...