量子科技：在不确定性中超越未来 20260223 摘要 中国将量子科技提升至战略高度，科研成果显著，但产业化与美国存在 差距。2025 年前三季度，美国量子企业融资超 40 亿美元，中国不足其 1/10，需提高公共投资和社会化融资效率。 量子科技产业分为量子通信、量子计算和精密测量三大方向。量子通信 起步早，但带宽受限；量子计算市场规模最大，超导路线相对成熟；精 密测量领域亦有企业积极推进。 量子计算技术路线多样，包括超导、离子阱、光学和中性原子等，各具 优劣，尚未形成大规模应用的成熟方案。超导路线依托半导体工艺，具 有一定工程优势。 量机技术打破欧美垄断，研制出高性能稀释制冷剂，国内市场占有率达 31%，成为核心供应商。2025 年上半年营收 7,000 万元，预计全年净 利润超 5,000 万元。 稀释制冷剂全球市场规模约 5 亿美元，若超导量子计算大规模应用，到 2030 年市场可能增长至百亿美元级别。中国若占据 25%-30%市场份 额，市场规模将达数十亿美元。 Q&A 量子科技行业在未来的发展前景如何？ 量子科技被定位为未来产业，预计在 2025 年至 2035 年间，整个行业的年均 复合增长率将达 ...

2月24日，2026年广东省高质量发展大会召开。大会汇聚各方智慧，共谋"制造业与服务业协同发展"新 篇。在"科技与金融创新赋能产业融合"分会场上，广东省委金融办副主任李腾飞解读了《广东省金融支 持企业开展产业链整合兼并行动方案》（以下简称"《行动方案》"）。 整合兼并是推动产业深度融合的核心路径与关键抓手。2025年10月，省委金融办联合10家单位出台《广 东省金融支持企业开展产业链整合兼并行动方案》，明确12条措施支持企业产业链整合兼并，为构建现 代化产业体系提供坚实支撑。 "这份方案有四大核心亮点：目标非常明确，就是要打造世界级产业集群；参与的主体非常多元，能够 形成强大的整合合力；提供的金融工具非常丰富，能满足不同企业的需求；同时，在保障机制上也有很 多创新，确保方案能够顺利实施。"李腾飞指出。 为何整合： 内外部矛盾和压力倒逼 广东为何在此时提出产业链整合的战略？李腾飞表示，当前，广东的产业发展正面临着内外双重挑战。 从外部看，全球产业链正在重构，地缘政治冲突加剧，核心技术"卡脖子"风险上升，广东制造业面临前 所未有的外部挑战。 从内部看，传统产业亟需数字化转型，而新兴产业尚在培育期，部分产业链存在断 ...

2月24日，2026年广东省高质量发展大会召开。大会汇聚各方智慧，共谋"制造业与服务业协同发展"新 篇。在"科技与金融创新赋能产业融合"分会场上，广东省委金融办副主任李腾飞解读了《广东省推动金 融服务科技强省建设工作方案》（以下简称"《工作方案》"）。 据介绍，《工作方案》包含总体目标、强化对科技强省建设的金融支持、主要任务三部分共15条内容， 首次提出"三大工程"，聚焦服务"三个重点"，形成"3+3"系统体系支撑科技强省建设。 在总体目标方面，《工作方案》提出到2027年底，初步建成与科技创新相适应的现代科技金融矩阵体 系。力争科技型企业贷款及科技相关产业贷款余额位居全国前列，增速高于贷款平均增速，知识产权质 押融资规模持续增长，科技支行服务质效显著提升，科技保险共保体服务能力不断增强；直接融资保持 全国前列，科创债发行规模实现跨越式增长；绿色期货品种体系更加丰富，地方金融组织支撑科技创新 能力稳中有进。 "三个重点"： 聚焦重点区域、重点产业和重点企业 李腾飞对《工作方案》的创新亮点进行了具体介绍。据介绍，《工作方案》亮点之一是突出金融服 务"三个重点"的战略蓝图与靶向目标。 在重点区域方面，以《粤港澳大 ...

东湖科学城：中国氢能装备远销南亚中东欧洲 2月23日，位于东湖科学城的华工科技智能制造未来产业园内灯火通明。工程师们正为中国首条出口海外的GW级碱性电解槽自动化生 产线进行最后的调试。 "主体制造已完成，现在正进行最后的'体检'和'磨合'。""00后"生产工程师吕锦鹏这个春节选择"留守"。据介绍，作为中国出口项目规 模最大、自动化程度最高的GW级碱性电解槽生产线，该产线年产绿氢超4万吨，可满足万辆燃料电池货车一年的用氢需求。 依托数十年激光技术积淀，华工科技近年来加速布局氢能装备赛道，已构建起覆盖"制、储、输、用"关键环节的装备矩阵。作为国内 氢能装备出海的先行者，其产品远销南亚、中东、欧洲。此次出口的生产线实现跨越式升级，提供从智能装备到智慧工厂的"交钥匙"方 案，标志着中国高端氢能装备正向全产业链输出转型。 一路之隔，华工正源高速光模块封装车间同样繁忙。1.6T、800G光模块源源不断下线，产线24小时满负荷运转。公司光模块业务负责 人介绍，武汉及泰国基地正月初一即复工，全力保障交付。这批供应全球头部互联网公司的产品，广泛应用于AI推理、模型训练等场景。 这股热气腾腾的干劲，同样在九峰山实验室升腾。大门上 ...

Group 1 - The core investment theme post-Spring Festival revolves around "price increases" and "revaluation of physical assets," particularly in resource, chemical, and midstream manufacturing sectors, leveraging China's pricing power amid global uncertainties [1][2] - The technology sector, particularly driven by AI, remains a key focus, with sub-sectors like computing power, applications, and robotics expected to remain active due to industrial catalysts [1][2] - The recovery of export chains, non-bank financials, and certain consumer and real estate chains are seen as important supplements to market trends under the backdrop of internal and external demand recovery [1] Group 2 - CITIC Securities emphasizes that price increases are a core configuration clue for Q1, with a focus on sectors like chemicals, non-ferrous metals, power equipment, and new energy, while also increasing exposure to undervalued insurance and brokerage stocks [2] - Historical data indicates that February and the period around the Spring Festival are strong for market movements, with small-cap stocks showing a 100% probability of rising from the Spring Festival to the Two Sessions [3] - Guojin Securities highlights the importance of balancing global physical assets against Chinese assets, recommending commodities like copper, aluminum, and oil, as well as sectors with global comparative advantages like equipment exports and domestic manufacturing [4] Group 3 - Industrial sectors experiencing structural price increases due to supply-demand gaps are primarily in midstream materials and manufacturing, with a focus on chemicals, steel, and high-end manufacturing [5] - The potential for recovery in the export chain is noted, particularly in industries with significant exposure to the U.S. market that will benefit from reduced tariffs [5] - The policy uncertainty surrounding tariffs and trade is expected to favor gold as a risk hedge, with market participants anticipating potential shifts in U.S. trade policy [6] Group 4 - Attention is drawn to the post-holiday inventory replenishment in commodities, with a continued positive outlook on technology applications, particularly in semiconductors and AI [7] - Quantum technology is highlighted as a sector receiving dual catalysts from policy and technological advancements, with significant developments in quantum key distribution networks [8] - The AI industry revolution is identified as a key investment theme, focusing on computing power, storage, and applications, with a strong emphasis on the performance of high-growth sectors [9] Group 5 - Localized opportunities are expected in AI applications linked to overseas trends and robotics associated with the Spring Festival, with a cautious approach to market movements anticipated [10] - The current bull market logic remains intact, with a recommendation for investors to maintain confidence despite short-term volatility, focusing on sectors with high securities ratios [11]

晚会还突出"科技为民"的深度思考，深刻体现中国式现代化的人文关怀。小品《奶奶的最爱》关注银发 族拥抱人工智能与代际亲情，通过喜剧形式直面人工智能伦理与技术普惠问题，启发人们继续探寻技 术、产业与社会的协同发展路径。 总台马年春晚以硬核科技，勾勒出中国经济高质量发展的崭新图景。这场文艺盛会既是经济转型升级的 成果展，也是未来发展的宣言书：中国经济唯有向新而行、向优而进，方能于变局中开新局，于挑战中 育先机。 除夕夜的总台春晚，不仅承载着中国人传统年俗的温情记忆，也是观察中国经济转型的重要窗口，更是 鼓舞人们奋发向前的激情号角。 舞台科技沉浸式展示新质生产力的蓬勃发展。科技自立自强是国家发展的战略支撑，我国稳步推进新质 生产力发展，在人工智能、集成电路等领域取得重要进展，关键核心技术不断实现自主突破。总台马年 春晚实现8K超高清电视直播的全面国产化，三维菁彩声技术实现从采集、制作到播出的全链路呈现， 展现了我国超高清视频产业链已实现"端到端"自主可控。机器人"天团"集体亮相，是我国具身智能与高 端制造自主化的"汇报演出"。在感知、规划、控制等方面的扎实进步，使国产机器人可以通过精准化控 制，呈现春晚舞台上的艺术表 ...

Core Insights - Hefei is emerging as a significant hub for advanced industries, showcasing its strengths in quantum information, fusion energy, and deep space exploration during the Spring Festival Gala [3][4][20] - The city is set to witness China's largest IPO this year with Changxin Technology, which is expected to exceed a market value of 1 trillion yuan [4][20] - Hefei has established a "Quantum Avenue" with over 30 quantum technology companies located in close proximity, indicating a burgeoning quantum industry [3][20] Industry Developments - Hefei's investment in fusion energy is gaining momentum, with significant projects like the EAST and CRAFT facilities, which are attracting numerous related enterprises [10][27][28] - The city is recognized as a "Quantum City," with 85% of its quantum enterprises concentrated in the high-tech zone, leading to the development of world-class achievements such as the "Mozi" quantum satellite [11][27][32] - The deep space exploration sector is also thriving, with nearly 50 projects being incubated in the deep space exploration laboratory, attracting leading commercial aerospace companies [11][28] IPO Trends - Hefei is experiencing a wave of IPOs, with 88 companies listed on A-shares and 20 on the Sci-Tech Innovation Board by 2025, ranking fifth and second among provincial capitals respectively [30] - Changxin Technology is preparing for an IPO with a fundraising target of 29.5 billion yuan, following a significant investment history [30][31] - Other notable companies like Sunshine Power and quantum firms such as Guoyi Quantum and Benyuan Quantum are also pursuing IPOs, reflecting the city's growing financial landscape [31][32] Investment and Innovation - Hefei's government has made substantial investments in technology, with over 100 billion yuan allocated during the 14th Five-Year Plan, positioning it as a leader in R&D spending among provincial capitals [15][33] - The city is leveraging its academic resources, particularly from the University of Science and Technology of China, to foster innovation and attract talent, akin to Silicon Valley's relationship with Stanford [15][32]

Core Viewpoint - Hefei is emerging as a significant hub for advanced industries, particularly in quantum information, fusion energy, and deep space exploration, as showcased during the Spring Festival Gala [2][3][4]. Quantum Information - Hefei is recognized as the "Quantum City," with over 85% of the country's quantum enterprises located in its high-tech zone, including notable achievements like the "Mozi" quantum satellite and the "Nine Chapters" quantum computer [9][12]. - The city is witnessing a wave of IPOs in the quantum sector, with companies like Guoyi Quantum and Benyuan Quantum preparing for public offerings, supported by leading scientists from the University of Science and Technology of China [10][12]. Fusion Energy - Hefei is making strides in fusion energy, with projects like the EAST and CRAFT facilities achieving significant milestones, including the "billion-degree seconds" world record [8][9]. - The establishment of Fusion New Energy, backed by local investment and major companies, is positioning Hefei as a leader in the fusion energy sector, with nearly 60 related enterprises in the area [8][9]. Deep Space Exploration - The city is developing a deep space exploration laboratory that is incubating around 50 projects related to satellite manufacturing and aerospace applications, attracting top commercial space enterprises [9][10]. - Hefei's deep space initiatives are part of a broader strategy to enhance its technological capabilities and innovation landscape [9]. Investment and Economic Growth - Hefei is experiencing a surge in IPO activity, with projections indicating that by 2025, it will have 88 A-share listed companies, ranking fifth among provincial capitals [10][11]. - The city has invested heavily in technology, with over 100 billion yuan allocated during the 14th Five-Year Plan, making it a leading city in R&D spending among provincial capitals [13].

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 据悉，国富量子通过"战略合作+资本赋能"的双轮驱动模式，在量子科技领域建立了系统化布局。公司 已与多家领先的量子科技企业建立战略合作关系：投资量子计算企业量旋科技，布局硬件与软件生态； 与夸密量子成立合资公司推进量子随机数技术应用。此外，公司正依托香港国际金融中心地位，构 建"资本+平台+生态"的全周期赋能体系，探索建立面向全球的量子科技产业投融资平台。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 国富量子（00290）盘中涨超19%，高见3.10港元，截至发稿，股价上涨17.69%，现报3.06港元，成交额 3049.22万港元。 2月13日，恒生指数公司宣布截至2025年12月31日之恒生指数系列季度检讨结果，其中国富量子获纳入 恒生综合指数。变动将于2026年3月6日收市后实施并于2026年3月9日起生效，届时沪深交易所会相应调 整港股通可投资标的范围。据中金研报，国富量子有可能被调入港股通。 据悉，国富量子通过"战略合作+资本赋能"的双轮驱动模式，在量子科技领域建立了系统化布局。公司 已与多家领先 ...

序号股东名称持股比例1中科酷原科技（武汉）有限公司100% 经营范围含技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；量子计算技术服务；光 学仪器制造；地质勘探和地震专用仪器制造；集成电路制造；光学仪器销售；地质勘探和地震专用仪器 销售；导航、测绘、气象及海洋专用仪器销售；机械设备销售；集成电路销售；教学专用仪器制造；导 航、测绘、气象及海洋专用仪器制造（除依法须经批准的项目外，凭营业执照依法自主开展经营活动） 天眼查显示，近日，无锡中科酷原量子科技有限公司成立，法定代表人为黄攀威，注册资本500万人民 币，由中科酷原科技（武汉）有限公司全资持股。 来源：市场资讯 企业名称无锡中科酷原量子科技有限公司法定代表人黄攀威注册资本500万人民币国标行业科学研究和 技术服务业>专业技术服务业>工业与专业设计及其他专业技术服务地址无锡市梁溪区瞻江街道通沙路 280号1802室企业类型有限责任公司(自然人投资或控股)营业期限2026-2-13至无固定期限登记机关无锡 市梁溪区数据局 ...