"十五五"建议稿首提"适度超前新型基础设施建设"。地方"十五五"规划建议中如何落实这一要求，落实 路径有何共性、地方又如何"因地制宜"布局？本文分析，可供参考。 "十五五"建议稿：适度超前新基建如何理解？新基建已逐渐成为广义基建的核心。 "十五五"建议提出"适度超前建设"，要求"推进信息通信网络、全国一体化算力网、重大科技基础设施等 建设和集约高效利用，推进传统基础设施更新和数智化改造"。 对比"十四五"规划和2035年远景目标建 议，其覆盖范围显著拓宽，全面涵盖通信网络、数据与算力各领域。 新基建内涵快速拓展，核心原因在于经济数字化转型推动。 此前发改委已明确其涵盖信息、融合、创新 三类基础设施，持续拓展内涵。新基建自2018年中央经济工作会议首次提出，2019年拓展领域形成"七大 领域"共识，2020年国家发改委官方定型为"信息—融合—创新"三大板块，核心逻辑从单一技术方向走向 系统布局，逐步强化公共服务属性。 "十四五"时期，基建投资涌现"新三样"，新基建是其核心。2019年至2025年11月，广义基建中电力热 力、互联网软件、仓储物流投资占比分别提升10.4、5.0、4.1个百分点， 直观体现新基建的 ...

【导读】广州来利好啦 中国基金报记者 泰勒 兄弟姐妹们啊，利好又来了，这一次是广州。 1月8日， 广州市人民政府办公厅发布《广州市加快建设先进制造业强市规划（2024—2035年）》。 到2030年，先进制造业强市建设迈上重要台阶，现代化产业体系建设取得显著进展，产业体系整体效能明显提升，形成万亿带动、千亿支 撑、百亿跃升的新格局。产业结构不断优化，质量效益大幅跃升，数智化、绿色化水平显著提升，在部分重点领域引领全球产业发展，迈 入全球价值链中高端，建设若干世界级先进制造业集群，建成先进制造业强市。展望2035年，先进制造业强市地位更加巩固，现代化产业 体系基本建成，新质生产力高度发展，产业创新能力和高水平人才队伍居世界前列，培育建设一批世界一流企业和具有国际竞争力的领军 企业，在全球分工体系和产业链供应链体系中的主导力和控制力举足轻重。率先实现新型工业化，关键核心技术实现重大突破，稳居全球 价值链中高端，建成具有国际竞争力的先进制造业强市。 加速培育人工智能、半导体与集成电路、新能源与新型储能、低空经济与航空航天、生物制造等5个战略先导产业 聚焦"2035年工业增加值翻一番"目标，加快推进新型工业化，培育壮 ...

中经记者 顾梦轩 李正豪 广州 北京报道 4年前从华为剥离的超聚变数字技术股份有限公司（以下简称"超聚变"）正式启动上市辅导。证监会官 网显示，超聚变于2026年1月6日正式启动上市辅导，中信证券担任辅导机构。 值得一提的是，超聚变前身为华为X86服务器业务。2021年，受海外因素影响，华为进行重大战略调 整，将旗下X86服务器业务以超聚变为新实体进行了剥离。经过四年发展，超聚变营业收入连年增加， 已经成长为算力服务器行业的"小巨人"。 谈及超聚变上市事宜，苏商银行特约研究员张思远在接受《中国经营报》记者采访时表示，其本质是其 业务发展与资本需求的阶段性匹配。公司快速扩张需要持续的资金投入。通过上市，公司可依托公开市 场融资优化负债结构，降低财务成本，同时为后续技术研发（如AI服务器、液冷技术迭代）与全球化 供应链建设提供资金储备。 营收连年增长 辅导备案信息显示，超聚变控股股东为河南超聚能科技有限公司（以下简称"超聚能科技"），目前持股 比例为31.38%。 作为算力基础设施与算力服务提供商，超聚变业务涵盖服务器、操作系统、AI开发平台、超融合解决 方案、高性能计算解决方案以及数据库解决方案等。 值得注意的 ...

Core Insights - The article discusses the challenges and innovations in large-scale AI computing centers, particularly focusing on the need for high-density optical connections to enhance data transmission efficiency [1][3][6]. Group 1: Industry Challenges - Large-scale computing clusters consume power equivalent to a medium-sized city and face engineering challenges in managing extensive cabling within limited physical space [1]. - The complexity of wiring increases exponentially as the number of accelerator cards grows, necessitating advanced high-density wiring solutions [1][3]. - The transition from Scale-out to Scale-up architectures in data centers highlights the need for efficient interconnections between GPUs within a single cabinet [8]. Group 2: Technological Innovations - Corning is expanding its optical communication factory in Shanghai to introduce high-density optical connection technology tailored for AI computing centers [6][16]. - The company aims to reduce the physical size of fibers and connectors, thereby freeing up valuable physical space in crowded computing clusters [6][10]. - Corning's SMF-28Contour fiber reduces the outer diameter from 250 microns to 190 microns, allowing for nearly double the connection capacity in the same cable space [9]. Group 3: Market Dynamics - The demand for high-density connections is becoming a necessity for cloud vendors building large-scale AI computing centers, shifting from a "nice-to-have" to a "must-have" [15]. - The rapid growth of AI model parameters has transformed the internal connection requirements of data centers, necessitating advanced solutions [8][14]. - Corning's local manufacturing capabilities enable faster response times and customized solutions for clients, enhancing operational efficiency [30][32]. Group 4: Local Manufacturing and Workforce - Corning's factory in Shanghai represents a significant investment in local high-end manufacturing capabilities, contributing to the development of skilled labor in the region [39]. - The production process relies heavily on skilled workers due to the customized and non-standard nature of optical connector products [19][27]. - The company's commitment to local production supports rapid delivery and co-design capabilities, crucial for meeting the fast-paced demands of AI data center projects [30][32]. Group 5: Future Outlook - Corning is positioning itself to address future challenges in long-distance data transmission with multicore fiber technology, which aims to increase transmission capacity [40]. - The company is also exploring the potential of co-packaged optics (CPO) technology to further reduce power consumption and latency [40][41]. - Corning's evolution from product introduction to ecosystem cultivation in China reflects its strategic approach to maintaining a competitive edge in the rapidly evolving digital infrastructure market [42][44].

Core Viewpoint - The stock of Xuanji Information has shown a positive trend with a 6.86% increase since the beginning of the year, reflecting strong market interest and performance in the technology sector [1]. Group 1: Stock Performance - As of January 8, Xuanji Information's stock price rose by 2.08% to 6.39 CNY per share, with a trading volume of 274 million CNY and a turnover rate of 2.53%, resulting in a total market capitalization of 11.039 billion CNY [1]. - The stock has experienced a 6.68% increase over the last five trading days, a 2.08% increase over the last twenty days, and a 9.98% increase over the last sixty days [1]. Group 2: Financial Performance - For the period from January to September 2025, Xuanji Information reported a revenue of 1.47 billion CNY, representing a year-on-year growth of 6.90%. However, the net profit attributable to shareholders was -173 million CNY, a decrease of 20.48% compared to the previous year [2]. - The company has distributed a total of 327 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Xuanji Information reached 132,500, an increase of 35.01% from the previous period, while the average number of circulating shares per person decreased by 25.93% to 12,905 shares [2]. - Hong Kong Central Clearing Limited is the third-largest circulating shareholder, holding 30.7632 million shares, which is an increase of 20.6485 million shares from the previous period [3].

1月8日，黑牡丹（维权）盘中下跌2.18%，截至09:40，报8.99元/股，成交1437.00万元，换手率0.15%， 总市值92.78亿元。 责任编辑：小浪快报 分红方面，黑牡丹A股上市后累计派现27.20亿元。近三年，累计派现3.91亿元。 机构持仓方面，截止2025年9月30日，黑牡丹十大流通股东中，南方中证房地产ETF发起联接A （004642）位居第五大流通股东，持股653.16万股，相比上期减少3.82万股。香港中央结算有限公司位 居第七大流通股东，持股639.80万股，相比上期减少83.00万股。 资金流向方面，主力资金净流出109.83万元，大单买入0.00元，占比0.00%，卖出109.83万元，占比 7.64%。 黑牡丹今年以来股价涨7.15%，近5个交易日涨4.66%，近20日跌3.33%，近60日涨13.94%。 资料显示，黑牡丹(集团)股份有限公司位于江苏省常州市新北区长江北路562号高铁新城创智大厦，成 立日期1993年5月28日，上市日期2002年6月18日，公司主营业务涉及城镇化建设业务、纺织服装业务和 产业投资业务。主营业务收入构成为：工程施工46.67%，地产业务27.9 ...

Core Insights - The Chinese data exchange system industry is experiencing structural growth driven by multiple strategic demands, with a projected market size of approximately 13.749 billion yuan in 2024, representing a year-on-year growth of 7.05% [1][5][6] - The industry is transitioning from traditional network connection devices to core computing infrastructure, propelled by the "East Data West Computing" national strategy, AI model training, and large-scale deployment of 5G edge computing [1][5] Industry Overview - Data exchange systems (DTP) are hardware and software combinations deployed across networks of varying security levels to facilitate cross-platform, cross-network, and cross-language data transmission, integration, and security control [2] - The primary goal is to resolve data interoperability issues between different systems through standardized data formats, transmission protocols, and interfaces [2] Core Functions of Data Exchange Systems - The systems utilize a dual-host architecture consisting of a Trusted Access Server (TAS) and an Untrusted Access Server (UAS) to ensure data security and compliance during transmission [4] - TAS acts as a secure gateway, while UAS handles data reception and distribution, supporting high concurrency and ensuring secure data transfer across different security domains [4] Industry Value Chain - The upstream of the data exchange system industry includes components like chips, optical devices, and software development tools, while the midstream focuses on manufacturing and integration [5] - The downstream applications span data centers, telecommunications, finance, and government sectors [5] Market Size - The data exchange system market in China is projected to reach approximately 13.749 billion yuan in 2024, with a year-on-year growth of 7.05% [1][5][6] - The growth is closely tied to the evolving demands of data centers, which are expected to reach a market size of about 277.3 billion yuan in 2024, growing by 15.21% year-on-year [5] Key Companies' Performance - New Morning Technology focuses on financial, air traffic control, and government sectors, with a revenue of 653 million yuan in the first three quarters of 2025, down 2.92% year-on-year [7] - Beijing Sanwei Tiandi's data exchange service platform supports various data transmission needs and reported a revenue of 134 million yuan in the first three quarters of 2025, up 5.85% year-on-year [9] Industry Development Trends 1. The evolution from "network connection" to "trusted circulation" emphasizes data sovereignty and security as core architecture [10] 2. The shift from "batch synchronization" to "real-time intelligence" is transforming data processing paradigms, with AI integration enhancing data handling efficiency [11] 3. The transition from "professional tools" to "inclusive services" aims to lower usage barriers, making data exchange systems accessible to non-technical users [12]

（来源：内蒙古日报） 转自：内蒙古日报 □本报记者 郑学良 通讯员 梁良 1月6日上午，呼和浩特数据标注基地内，内蒙古三合熵动科技有限公司的20多名数据标注员正专注地对 着屏幕，逐帧标注道路图像中的障碍物。 这家刚刚落户新城区的小微企业，已与本地教育、医疗等多领域展开合作，驶入了发展的快车道。 "新城区给我们人工智能企业提供了实实在在的便利，产业协同发展的机会也更多了。"公司创始人张世 明感慨道，"取得的成绩，让我们更有信心在AI这条路上走下去。" 事实上，在新城区，像三合熵动这样的企业正快速集聚。 作为国家"东数西算"战略布局中的"北翼中枢"，新城区与和林格尔新区南北呼应，围绕"算力支撑、数 据驱动、算法创新、应用落地"构建全链条数字生态，夯实人工智能发展根基。 目前，新城区已吸引百度、抖音、海天瑞声等46家上下游企业入驻，组建起超过4800人的专业标注队 伍，并入选全国首批"数据标注产业伙伴计划"，成为区域数字经济强劲的增长极。 在追求数据标注"量"的同时，新城区更注重数据要素"质"的突破。自治区首个"数据要素综合服务窗 口"在这里设立，为企业提供数据资产登记、评估、入表等一站式服务，让"沉睡"的数据转化 ...

"十五五"建议稿首提"适度超前新型基础设施建设"。地方"十五五"规划建议中如何落实这一要求，落实 路径有何共性、地方又如何"因地制宜"布局？本文分析，可供参考。 "十五五"建议稿：适度超前新基建如何理解？新基建已逐渐成为广义基建的核心。 "十五五"建议提出"适度超前建设"，要求"推进信息通信网络、全国一体化算力网、重大科技基础设施等 建设和集约高效利用，推进传统基础设施更新和数智化改造"。 对比"十四五"规划和2035年远景目标建 议，其覆盖范围显著拓宽，全面涵盖通信网络、数据与算力各领域。 新基建内涵快速拓展，核心原因在于经济数字化转型推动。 此前发改委已明确其涵盖信息、融合、创新 三类基础设施，持续拓展内涵。新基建自2018年中央经济工作会议首次提出，2019年拓展领域形成"七大 领域"共识，2020年国家发改委官方定型为"信息—融合—创新"三大板块，核心逻辑从单一技术方向走向 系统布局，逐步强化公共服务属性。 "十四五"时期，基建投资涌现"新三样"，新基建是其核心。2019年至2025年11月，广义基建中电力热 力、互联网软件、仓储物流投资占比分别提升10.4、5.0、4.1个百分点， 直观体现新基建的 ...

每经AI快讯，有投资者在投资者互动平台提问：根据最新运营动态，塔城数据中心首批4500P（FP16） 算力项目已于2026年1月正式投运，对应年电力消耗约5000万度。该项目总规划达75000P算力规模，全 部建成后预计年耗电量将超8亿度，请问塔城数据中心对贵公司电力消纳改善有何影响？目前国家大力 发展智算中心，鼓励东数西算，请问贵公司目前是否有主动对接算力中心的行动？ （记者 张明双） 绿发电力（000537.SZ）1月7日在投资者互动平台表示，塔城数据中心首批算力项目投运将带来区域内 用电量的提升，促进改善新能源消纳。目前公司也正在积极对部分数据中心，洽谈绿电交易合作可行 性。 ...