3.本基金的管理人为易方达基金管理有限公司（以下简称"本公司"），托管人为中国建设银行股份有限 公司，本基金登记结算机构为中国证券登记结算有限责任公司。 4.本基金将自2026年3月9日至2026年3月13日进行发售。本基金的投资人可选择网上现金认购和网下现 金认购2种方式，其中网下现金认购的日期为2026年3月9日至2026年3月13日，网上现金认购的日期为 2026年3月9日至2026年3月13日。如深圳证券交易所对网上现金认购时间作出调整，本公司将作出相应 调整并及时公告。基金管理人根据认购的情况可适当调整募集时间，并及时公告，但最长不超过法定募 集期限。 5.网上现金认购是指投资人通过具有基金销售业务资格的深圳证券交易所会员用深圳证券交易所网上系 统以现金进行的认购；网下现金认购是指投资人通过基金管理人及其指定的发售代理机构以现金进行的 认购。 登录新浪财经APP 搜索【信披】查看更多考评等级 重要提示 1.易方达国证港股通科技交易型开放式指数证券投资基金（以下简称"本基金"）根据中国证券监督管理 委员会《关于准予易方达国证港股通科技交易型开放式指数证券投资基金注册的批复》（证监许可 [2026]27 ...

Group 1 - The U.S. and Iran are on the brink of conflict, with heightened tensions following failed negotiations and threats from Iranian leadership regarding uranium enrichment activities [1] - If a military conflict occurs, it could disrupt oil supplies through the Strait of Hormuz, significantly impacting international oil prices and causing instability in the Middle East [1] - A potential quick conflict may have a limited impact on the A-share market, while a full-scale war could have deeper implications [1] Group 2 - The China Securities Regulatory Commission (CSRC) held a meeting with eight foreign investment institutions to discuss investment opportunities [2] - The focus is on the "14th Five-Year Plan," which aims to develop six future industries, reform the investment and financing system, and support differentiated development for foreign investments [3] - The overall strategy emphasizes prioritizing technology, future industries, IPO reforms, and attracting foreign capital [4] Group 3 - The small metals sector has seen explosive growth, with tungsten prices rising by 66% and ammonium paratungstate reaching a historical high of 1.1 million yuan per ton [5] - The U.S. plans to utilize AI models to set reference prices for key minerals, increasing market attention on strategic metals like germanium, gallium, antimony, and tungsten [5] - The surge in small metals prices has also positively impacted related chemical sectors, such as phosphorus chemicals and TDI [5] Group 4 - The demand for computing power in China has surged, with domestic large model token usage exceeding that of the U.S. for several weeks, highlighting rapid growth in AI inference demand [6] - European cloud service providers are entering a price increase cycle, with some services seeing price hikes of up to 38%, further driving the demand for domestic computing power [6] - The overall industry is entering a "full-chain inflation" cycle, with high certainty in performance for sectors benefiting from tight supply and demand [7] Group 5 - The commercial space industry is approaching a peak launch period, with multiple reusable rockets set to launch in March, supported by ongoing development of the Hainan commercial space launch site [7] - Over 20 provinces in China have outlined plans for the commercial space industry, with increasing capital inflow and record financing in the private rocket sector [7] - The space photovoltaic sector is also showing signs of recovery, closely linked to the expansion of related overseas companies [7]

2026年2月10日，港股上市公司伊登软件控股有限公司（股票代码：01147）发布公告，宣布其直接全资 附属公司Professional Eternity Limited以300万港元收购港骏科技有限公司100%股权。 细究公告与业务细节，这场收购远非财务考量，核心在于"借渠引水"：通过嫁接港骏深厚的客户网络与 渠道，将伊登的AI解决方案与云服务快速导入香港企业级市场，完成战略卡位。 港骏科技的深厚积淀：客户基础与口碑构筑护城河 港骏科技并不是一家新创公司，而是一家成立超过35年的香港老牌IT服务商，长期服务企业级客户，覆 盖软件订阅、云服务、IT解决方案与培训等多个环节。从地域来看，港骏科技服务覆盖中国内地、香 港、澳门等多地。 对这类公司而言，真正的护城河并不体现在短暂利润上，而是体现在客户关系、厂商授权与服务网络的 长期积累上。 对伊登而言，这并不是一批"可有可无"的客户，而是一组已经完成筛选的优质企业客群——伊登不需要 从零开始教育市场，只需要把自己的产品能力嵌入进去。 港骏近年出现亏损，更像是传统IT服务商在云化与AI转型阶段的典型阵痛：一方面，软件订阅与传统实 施业务毛利被压缩；另一方面，企业客户 ...

Group 1 - The core viewpoint of the article emphasizes that by 2026, Chinese companies are shifting their focus towards globalization, with the Hong Kong Stock Exchange (HKEX) playing a crucial role in this transition [2] - Many internet and cross-border e-commerce companies are choosing to list in Hong Kong due to the alignment of international investors with overseas business perspectives, leading to more reasonable valuations [2] - Listing in Hong Kong not only serves as a means to raise capital but also provides a strong endorsement for companies seeking licenses and local promotion overseas [2] Group 2 - Zhipu officially listed on the HKEX on January 8, 2026, reporting a significant revenue increase from 124.54 million RMB in 2023 to 312.41 million RMB in 2024, marking a growth of approximately 151.61% [3] - Despite the revenue growth, Zhipu is currently in a loss position due to substantial R&D investments, with net losses of 29.58 billion RMB in 2024 and 23.58 billion RMB in the first half of 2025 [3] - MiniMax, which listed on January 9, 2026, achieved a revenue of approximately 30.52 million USD in 2024, a nearly eightfold increase from 3.46 million USD in 2023, with a revenue of 53.44 million USD in the first three quarters of 2025 [7] Group 3 - Haima Cloud submitted its second listing application to the HKEX on January 30, 2026, focusing on providing cloud computing support for gaming and real-time interactive video [9] - The company reported a revenue of 520 million RMB in 2024, nearly doubling from 290 million RMB in 2022, with a revenue of 580 million RMB in the first ten months of 2025 [9] - Ugreen, after listing on the Shenzhen Stock Exchange, submitted its application to the HKEX, reporting a revenue of approximately 6.17 billion RMB in 2024, with a significant increase to 6.36 billion RMB in the first three quarters of 2025 [12] Group 4 - WOOK submitted its listing application to the HKEX on January 20, 2026, showcasing a revenue of 1.05 billion RMB in 2024, a year-on-year growth of approximately 15.5%, with over 880 million RMB in revenue in the first three quarters of 2025 [14] - The article indicates that the HKEX is becoming a vital platform for Chinese companies to connect with international capital and enhance brand influence [16] - The trend of Chinese companies going global is expected to continue, with a focus on technology barriers and global operational capabilities, providing investors with diversified options [17]

Core Viewpoint - The company emphasizes its five core advantages in cloud services, which include global cloud network integration, intelligent heterogeneous adaptation, minute-level elastic delivery, light-asset cost optimization, and full-stack security compliance [1] Group 1: Global Cloud Network Integration - The company covers over 50 countries and regions with its nodes, enabling global deployment within 5 minutes [1] - The self-developed GIC platform allows for low-latency scheduling across regions, effectively avoiding cost pressures in single regions [1] - The service is designed to adapt to cross-border scenarios [1] Group 2: Intelligent Heterogeneous Adaptation - The company utilizes a self-developed architecture that integrates GPU, CPU, and domestic chips under the "one cloud, multiple cores" model [1] - It supports both NVIDIA and domestic chips, ensuring autonomous control and flexible high-end computing power supply [1] Group 3: Minute-Level Elastic Delivery - The company achieves minute-level activation and elastic expansion through a model of "exclusive physical resources + cloud management" [1] - This allows for flexible billing and rapid fulfillment of customer business deployment needs [1] Group 4: Light-Asset Cost Optimization - The company adopts a "self-built + managed" model, avoiding additional depreciation costs [1] - Elastic management enhances resource utilization, maintaining cost competitiveness during price increases [1] Group 5: Full-Stack Security Compliance - The company implements single-tenant physical isolation and VPC exclusive networks to meet data security requirements in compliance-heavy scenarios like finance [1] - This approach reduces compliance risks and additional investments while enhancing customer loyalty [1] Group 6: Overall Strategy During Price Increase Cycle - During the cloud price increase cycle, the company focuses on cost reduction through global scheduling, supply assurance via heterogeneous adaptation, efficiency enhancement through elastic delivery, and risk control via light-asset strategies [1] - This strategy meets customer demands for high performance and low latency while creating differentiated barriers in cost and compliance [1]

每经编辑｜何小桃 黄胜 2月12日晚，协创数据（300857.SZ）公告称，公司及/或子公司根据经营发展需要，拟向多家供应商采购服务器，并签署相关采购合同，采购合同总金额 预计不超过人民币110亿元。公司及/或子公司购买服务器主要用于为客户提供云算力服务。 公司于2月12日召开第四届董事会第十一次会议，以全票同意审议通过了《关于公司购买资产的议案》，本次交易金额占公司最近一期经审计净资产的 50%以上，亦达到了公司最近一期经审计总资产的50%以上，本议案尚需提交公司股东会审议，该项交易目前不存在其他需要履行的审批程序，亦不存在 重大法律障碍。 据21世纪经济报道，面对外界对"激进"决策的不解，协创数据董事长耿康铭表示，"这笔投入其实非常保守，客户的需求远远大于我们的投入。" 耿康铭将当下算力产业发展比作"房地产的90年代"，认为未来五到十年，算力领域的投资规模将超越房地产巅峰时期，而协创数据此刻所做的，不过是行 业爆发前夜的准备。 1月28日，协创数据公告称，预计2025年归属于上市公司股东的净利润为10.50亿元～2.50亿元，比上年同期增长51.78%～80.69%。报告期内，多个算力集 群项目按计划完成 ...

Group 1 - Honghe Technology issued a risk warning due to a significant stock price increase, with a cumulative rise of over 20% in three consecutive trading days [2][12] - The company specializes in the research, production, and sales of mid-to-high-end electronic-grade fiberglass cloth and yarn, with no major changes in its main business [2][12] - The company cautioned investors about the risks of speculative trading and emphasized the stability of its core operations [2][12] Group 2 - Zhangyue Technology also issued a risk warning, stating that its AI short drama business revenue for 2025 is expected to be less than 1% of its main business revenue [3][13] - The company anticipates a net loss of approximately 195 million yuan for 2025, with a non-recurring net loss of about 212 million yuan [3][13] - The company confirmed that its main business operations remain normal and unchanged [3][13] Group 3 - Decai Shares highlighted that its subsidiary, Qixiang Wuxian, has no current orders or revenue related to the animation production business [3][13] - The company is in the early stages of development, with a registered capital of only 3 million yuan and no significant impact on overall performance [3][13] Group 4 - Jiamei Packaging stated that its associated enterprise, Magic Atom, is planning independent capital operations unrelated to the listed company [4][14] - The company's stock has a significantly higher price-to-earnings ratio compared to the industry average, indicating potential risks of rapid price declines [4][14] Group 5 - Shuangliang Energy clarified that it has not directly cooperated with SpaceX, despite recent media reports suggesting otherwise [5][15] - The company received three overseas orders for high-efficiency heat exchangers, totaling approximately 1.3923 million yuan, which is only 0.11% of its audited revenue for 2024 [6][15] - The main business includes energy-saving products and new energy equipment, with commercial aerospace not being a primary application area [6][15] Group 6 - YN Holdings announced plans for a capital increase not exceeding 1.4 billion yuan, with a stake of up to 49% in a subsidiary, without merging financial statements [8][17] - The target industry is Internet Data Centers (IDC), which is distinct from computing chip manufacturing and cloud services, indicating stable profitability post-operation [9][18] - The company emphasized that its main business operations remain stable and unchanged, with no significant impact from recent media discussions [9][18]

Group 1 - The core viewpoint of the articles highlights a significant rise in the Zhongzheng Information Technology Application Innovation Industry Index, with key stocks such as Dongfang Guoxin and Puyuan Information showing substantial gains [1][2] - The Xinchang ETF (562570) has seen a 1.12% increase, marking its fourth consecutive rise, with a trading volume of 799.91 million yuan and a recent scale reaching 5.35 billion yuan, the highest in three months [1] - Over the past five trading days, there has been a net inflow of 65.35 million yuan into the Xinchang ETF, averaging a daily net inflow of 13.07 million yuan [1] Group 2 - Bank of China International anticipates a "Spring Festival" for large models in 2026, with significant updates expected for major domestic models like Doubao 2.0 and SeedDance 2.0 [2] - The Xinchang ETF closely tracks the Zhongzheng Xinchang Index, emphasizing domestic full-stack substitution and covering key areas such as storage, CPU, and AIPC, while integrating into the DeepSeek ecosystem and AI applications [2] - The Xinchang ETF is currently the largest in its category, benefiting from strong policy certainty [2]

中际旭创在互动平台回应称，光模块产品由光模块厂商按照CSP客户对数据中心网络的需求进行定制化 开发和设计，需要光模块厂商拥有高效的研发技术能力和成熟的制造工艺、充足的产能和大规模制造与 交付能力，且经过CSP客户严格的产品送测、资格认证和审厂后才能成为CSP客户供应链上的合格供应 商。因此，CSP客户会直接下订单给公司，由公司制造后直接交付给CSP客户，这个商业模式并没有改 变。不存在所谓的CSP客户下订单给上游光芯片厂，跳过公司等中间层再转单给光芯片指定的模组/组 装厂生产的情形。 （文章来源：21世纪经济报道） 2月11日，《21辟谣》注意到，社交媒体网络上广泛流传一张截图，称光模块公司订单路径发生改变， CSP绕过公司（如中际旭创），通过下单给上游的激光设备公司Lumentum，再经Lumentum指定模组/组 装厂的方式，跳过中间层下单，从而压缩中国模组厂的毛利。CSP是指大型云服务提供商（Cloud Service Provider），如谷歌、亚马逊、微软、Meta等科技巨头。 对此，有投资者在互动平台问，近日有新闻说CSP绕过公司，通过下单给Lumentum上游，再经 Lumentum指定模组/组 ...

有投资者问，近日有新闻说CSP绕过公司，通过下单给Lumentum上游，再经Lumentum指定模组/组装厂的方式，跳过中间层下单，请董秘尽快出来 辟谣，给投资者以信心。 中际旭创在互动平台表示，光模块产品由光模块厂商按照CSP客户对数据中心网络的需求进行定制化开发和设计，需要光模块厂商拥有高效的研发技 术能力和成熟的制造工艺、充足的产能和大规模制造与交付能力，且经过CSP客户严格的产品送测、资格认证和审厂后才能成为CSP客户供应链上的 合格供应商。因此，CSP客户会直接下订单给公司，由公司制造后直接交付给CSP客户，这个商业模式并没有改变。 不存在所谓的CSP客户下订单给 上游光芯片厂，跳过公司等中间层再转单给光芯片指定的模组/组装厂生产的情形。 小财注： 2月11日，社交媒体网络上广泛流传一张截图，称光模块公司订单路径发生改变，CSP绕过公司（如中际旭创），通过下单给上游的激光设 备公司Lumentum，再经Lumentum指定模组/组装厂的方式，跳过中间层下单，从而压缩中国模组厂的毛利。CSP是指大型云服务提供商（Cloud Service Provider），如谷歌、亚马逊、微软、Meta等科技巨头。 ...