格隆汇1月9日｜东北证券研报指出，国盾量子国之重器，开启量子计算新篇章。公司全面布局量子通 信、量子计算及量子测量领域，具备规模化产业化能力。工业和信息化部办公厅于2025 年组织开展未 来产业创新任务揭榜挂帅工作，明确聚焦量子计算、量子通信、量子精密测量三大方向，旨在推动量子 技术在医疗、金融、能源及交通等关键领域的应用落地，有力的政策指引有望为产业发展打开市场窗 口。量子计算行业是未来国家及全球发展的重要行业，目前已从实验室逐渐向产业端渗透，国盾量子作 为国内量子计算核心龙头，该行看好其长期发展趋势，首次覆盖，给予"买入"评级。 ...

天天IPO . 投资界（PEdaily.cn）旗下，专注IPO动态 以下文章来源于天天IPO ，作者余梦莹 量子企业排队IPO。 作者/余梦莹 一百年前，在德国黑尔戈兰岛上，物理学家维尔纳·海森堡提出了矩阵力学，标志着量 子力学的诞生。 今年是国际量子科学与技术年。继9月本源量子启动I PO辅导后，又一家 量子企业 I PO 快了—— 投资界-天天I PO 获悉，国仪量子（合肥）技术有限公司（简称"国仪量子"） 在上交所科创板I PO申请获受理。 身后是来自中科大的9 0后科学家杜江峰、贺羽师徒以及两位师兄弟。瞄准高端科学仪器 的国产替代，他们在一间1 4平米的办公室里做起了仪器，利用量子特性实现更微观尺度 的精密测量，至今背后集结了众多知名机构。 外 界 可 能 不 知 道 ， 在 合 肥 高 新 区 云 飞 路 ， 一 条 " 量 子 大 道 " 悄 然 崛 起 ， 超 3 0 家 量 子 科 技 企业比邻而居。它们绝大多数由中科大孵化，一举将未来产业的轮廓画进现实。 中科大校友，干出一个IPO 这是一个师兄弟齐上阵的故事。 1 9 9 2年出生于四川遂宁，贺羽的科学天分很早就展现了出来。1 6岁那年考入 ...

Core Insights - The report maintains an "Overweight" rating for the industry, focusing on three core areas: quantum communication, quantum computing, and quantum precision measurement, indicating that quantum technology is transitioning from frontier exploration to industrialization, with significant prospects for investment by 2026 [1] Group 1: Quantum Technology Development - Quantum technology is becoming a global strategic high ground, with its industrialization process exceeding expectations. The 2025 Nobel Prize in Physics will be awarded to scientists in the quantum field, further increasing attention on quantum technology [1][2] - The core advantages of quantum technology lie in utilizing quantum superposition and entanglement effects to break through the performance limits of classical information systems, thereby reconstructing computing, communication, and measurement systems [1] Group 2: Market Expansion - The global market for quantum communication is projected to reach $951 million in 2024 and is expected to grow to $10.5 billion by 2034, with a CAGR of approximately 28.3%. The Chinese market is anticipated to grow at a CAGR of 52.3% from 2025 to 2030 [2][34][39] - Quantum computing is expected to reach a global market size of $5.04 billion in 2024, with projections of over $800 billion by 2035, driven by its potential in material design and drug development [2][49] - The global market for quantum precision measurement is estimated to be $1.674 billion in 2024, with expectations to reach $4.497 billion by 2035, showing a growth rate exceeding 30% in China [2] Group 3: Technological and Application Breakthroughs - International giants are leading the industry development, with companies like Microsoft, Google, and IBM making significant advancements in quantum hardware and software. For instance, Microsoft has launched a topological qubit processor, while Google has achieved breakthroughs in quantum error correction [3][8] - Domestic companies are solidifying the industrial foundation, with Guoyi Quantum focusing on quantum precision measurement, Benyuan Quantum launching a quantum control system, and Guodun Quantum achieving mass production of single-photon detectors [3][9] Group 4: Policy and Industry Support - The Chinese government has included quantum technology in its "New Infrastructure" initiative, providing multi-dimensional support from top-level design to technological breakthroughs and application implementation, accelerating industry development [1]

转自：前瞻产业研究院 行业主要上市公司：国盾量子(688027.SH);天奥电子(002935.SZ);中国船舶(600150.SH);西部超导 (688122.SH);光韵达(300227.SZ);国睿科技(600562.SH)等 本文核心数据：量子精密测量市场融资总额与笔数;量子精密测量各技术路线融资笔数分布 1、全球量子精密测量投融资呈现波动性趋势 2021-2024年，全球量子精密测量领域的融资活动呈现出一定的波动性与增长潜力，年复合增长率约为 33.90%。2024年，全球量子精密测量领域融资总额为3.60亿美元，融资笔数为11笔。总体来看，各年份 的融资总额波动明显。 2、中国量子精密测量行业大额融资案例呈增长趋势 2021-2024年大额融资案例总体上呈增长趋势，2024年全球量子传感领域投融资单笔金额为0.33亿美 元。表明融资活动正从分散的少额投资向少数高额投资集中，具备明确商业化前景或规模化能力的项目 更容易获得资本市场青睐，尤其在高技术领域，资金流入正逐步加速。 4、全球量子精密测量融资轮次集中在种子轮 2024年全球融资活动在各轮次之间呈现出明显的不均衡分布，资金高度集中于后期轮次。整 ...

Investment Rating - The report maintains a "Recommended" investment rating for the quantum technology industry [6] Core Insights - Quantum computing is expected to advance faster than market expectations, becoming a core component of future computing systems alongside classical and AI computing [1][12] - The 2025 Nobel Prize in Physics was awarded for groundbreaking work in quantum tunneling and energy level quantization, indicating rapid iterations in quantum technology [2] - Major international companies are enhancing their engineering capabilities and commercializing quantum technologies, making significant strides in quantum hardware and software [3] - Domestic companies are accelerating their development around self-controllable technologies and practical applications in quantum measurement and computing [4] Summary by Sections 1. Quantum Technology Development - Quantum technology is transitioning from basic research to engineering and industrialization, with significant advancements in core device manufacturing and algorithm development [23] - The industry is expected to become a crucial support for future information technology transformations and enhance national technological competitiveness [23] 1.1 Quantum Communication - The global quantum communication market is projected to grow from $1.1 billion in 2025 to $10.5 billion by 2034, with a compound annual growth rate (CAGR) of approximately 28.3% [30] - In China, the quantum communication market is expected to reach $1 billion by 2024, with a CAGR of 52.3% from 2025 to 2030 [34] 1.2 Quantum Computing - The global quantum computing market is anticipated to grow from $5.04 billion in 2024 to $807.75 billion by 2035, indicating a CAGR of 87.64% [44][45] - In China, the quantum computing market is projected to increase from $118.5 million in 2024 to $410 million by 2030, with a CAGR of 23.5% [51] 1.3 Quantum Precision Measurement - The global quantum precision measurement market is expected to expand from $1.674 billion in 2024 to $4.497 billion by 2035, with a CAGR of 9.40% [59] - In China, the quantum measurement industry is projected to grow to $2.14 billion in 2024, with a growth rate exceeding 30% [62]

合肥 "量子大道"上即将冲出第二个 IPO 。 这位 90 后中科大校友联合创立的国仪量子技术（合肥）股份有限公司（以下简称：国仪量子），日 前在上交所科创板 IPO 获受理，拟募资 11.69 亿元。 「IPO全观察」 栏目聚焦首次公开募股公司，报道企业家创业经历与成功故事，剖析公司商业模式 和经营业绩，并揭秘VC、CVC等各方资本力量对公司的投资加持。 作者丨巴里 编辑丨 关雎 图源丨摄图网 其背后，高瓴创投、 IDG 资本、科大讯飞等明星资本云集，公司估值已超过 10 亿美元，成为名副 其实的独角兽。 至此，它与比邻而居的国盾量子、本源量子，共同构成了中国量子科技的 "三剑客"，正以自主可控 的硬核技术，在全球量子科技竞争中展开集体冲锋。 国仪量子董事长贺羽，图源：合肥市广播电视台 几乎在同一时期，另一位青年 ——荣星，正在量子科研的道路上历经锤炼。 比贺羽年长近十岁的荣星，于 2001 年考入中国科学技术大学物理学院。 2005 年，读研一的他选择 科学仪器作为研究方向，开始了与量子的无限"纠缠"。 然而，等待他的是前所未有的挑战： "仪器功能受限、方案被反复推翻、实验结果不及预期……"在 当时国内该 ...

国仪量子技术（合肥）股份有限公司（简称："国仪量子"）日前递交招股书，准备在科创板上市。 | 序号 | 募集资金投资项目 | 项目投资总额 | 拟用募集资金投 入金额 | | --- | --- | --- | --- | | | 高端科学仪器产业化项目 | 78,483.00 | 45,472.00 | | 2 | 量子技术发展研究院建设项目 | 44.940.07 | 44,940.07 | | 3 | 应用中心网络建设项目 | 26,482.67 | 26.482.67 | | | 合计 | 149,905.73 | 116,894.73 | 国仪量子计划募资11.7亿元，其中，4.55亿元用于高端科学仪器产业化项目，4.5亿元用于量子技术发展研究院建设项目，2.65亿元用于应用中心网络建设 项目。 上半年营收1.7亿，净亏7578万 国仪量子的核心技术是以量子精密测量为代表的先进测量技术，为全球范围内企业、政府、研究机构提供以增强型量子传感器为代表的核心关键器件、用 于分析测试的科学仪器装备、赋能行业应用的核心技术解决方案等优质的产品和服务。 国仪量子2022年、2023年、2024年营收分别为1.5 ...

Core Insights - The article discusses the rapid development of quantum technology in China, highlighting its applications in quantum computing, quantum communication, and quantum precision measurement [1][2][3][4] Quantum Technology Overview - Quantum technology is based on quantum mechanics and focuses on areas such as quantum computing, quantum communication, and quantum precision measurement [1] - Quantum computing can perform complex calculations significantly faster than traditional computers, exemplified by China's "Zuchongzhi 3" prototype completing tasks in 10 minutes that would take supercomputers 16,000 years [1] - Quantum communication enhances information security, with applications like "quantum SIM cards" and "quantum seals" already being piloted in various regions [1] Market Potential - The global quantum technology market is projected to reach approximately $8 billion in 2024, with China accounting for nearly a quarter of this market; by 2035, the global market is expected to exceed $900 billion, with China's industry potentially reaching $260 billion [2] Policy and Innovation Support - The rapid advancement of quantum technology in China is supported by strong collaboration among government, industry, academia, and research institutions, as outlined in the "14th Five-Year Plan" [3] - Recent breakthroughs in high-temperature superconductors and quantum artificial intelligence have been achieved by leading research teams, indicating significant progress in the field [3] - Various regions, such as Anhui and Hubei, are establishing supportive policies and funding to foster the growth of the quantum industry [3] Future Outlook - The article anticipates that quantum technology will achieve breakthroughs in key areas during the "14th Five-Year Plan" period, potentially reshaping industry dynamics and becoming a significant economic growth driver [4]

Core Insights - The quantum precision measurement industry in China is experiencing concentrated investment activities, particularly in the quantum sensor sector, with significant funding events reported from 2018 to 2025 [1][2][3] Investment and Financing Overview - Investment in the quantum precision measurement industry is primarily focused on the quantum sensor field, with the highest single financing amount reported at 131 million yuan (approximately 1.31 billion yuan) for Guoyi Quantum's D round [1][2] - From 2017 to 2024, the financing trend shows a few large amounts dominating the market, with a total financing amount of 0.38 billion USD in 2024, slightly down from 2023 [2][3] - The number of financing events in 2024 reached 4, with an average single financing amount of 9.5 million USD, indicating a strategic focus and sustained investment in the sector [3] Financing Rounds - The majority of financing rounds in the quantum precision measurement industry are concentrated in the angel and A rounds, primarily occurring before companies go public [4][7] Geographic Distribution - The majority of financing enterprises are located in Anhui Province, which accounts for 41% of the total. Hefei, Anhui, has developed a comprehensive industrial ecosystem covering quantum computing, communication, and precision measurement [8] - The industrial cluster in Hefei, known as "Quantum Avenue," includes over 90 upstream and downstream enterprises, with leading companies like Guandun Quantum and Guoyi Quantum [8] Investor Profile - The primary investors in the quantum precision measurement industry are investment firms, with notable participants including Guofeng Investment Fund, Chinese Academy of Sciences Capital, and IDG Capital [11] Industry Funds - There are currently few industry funds closely related to the quantum precision measurement sector, with notable funds including the Hefei Co-Creation Venture Capital Fund, which focuses on integrated circuits and quantum industries [14][16] Mergers and Acquisitions - Mergers and acquisitions in the quantum precision measurement industry are limited, primarily consisting of horizontal mergers aimed at enhancing business capabilities [17][18]

Core Viewpoint - The research team from Shanghai Jiao Tong University has made significant advancements in quantum interference technology and quantum precision measurement by proposing and implementing a new interference architecture called the "quantum twin interferometer," which has improved the signal-to-noise ratio of quantum correlated interferometer phase measurement by three orders of magnitude [1][2]. Group 1: Breakthroughs in Quantum Measurement - The team has successfully surpassed the standard quantum limit in sensitivity for measuring weak signals, which has been a long-standing challenge in the field [1]. - The newly developed quantum correlated interferometer and quantum-enhanced gradient meter have maintained the best international records in this area [1]. Group 2: New Measurement Paradigm - The quantum twin interferometer replaces the existing balanced homodyne detection method, utilizing entangled twin beams in a parallel configuration to establish a new paradigm for phase measurement that combines quantum correlation interference and entanglement detection [2]. - This achievement represents a significant milestone in the advancement of quantum metrology [2].