人民财讯11月3日电，高凌信息(688175)11月3日在互动平台称，在军用电信网通信设备业务方面，公司 主要产品包括程控交换和分组交换系统设备，以及特种应用产品，应用于军用电信核心网、接入网和其 他特种网络。并融合运营拟态防御技术赋能该领域产品以提高其安全性和竞争力，通信相关产品暂未进 入量子通信领域。网络内容安全业务主要面向通信行业主管部门、电信运营商、公安等客户，为其提供 电信网、互联网、移动互联网诈骗防范为代表的有害信息防范和社会安全应用整体解决方案。公司当前 网络安全产品技术路线和应用场景与量子通信安全不同，后续计划引入量子加密技术进一步增强安全 性。 转自：证券时报 ...

智通财经APP讯，京信通信(02342)发布公告，于2025年11月3日，根据2013年6月3日采纳的购股权计划 行使购股权发行10.2万股。 ...

每经头条（nbdtoutiao）——"为了孩子吃上饭，自己只能靠喝水撑着"！美政府停摆危机逼近"临界 点"，4200万人吃饭成问题 （记者 曾健辉） 每经AI快讯，烽火通信11月3日晚间发布公告称，截至2025年10月31日，公司通过集中竞价交易方式已 回购A股股份数量约为118万股，已回购股份约占公司总股本的0.09%，回购成交的最高价格为26.26元/ 股，回购成交的最低价格为24.81元/股，成交总金额约为2998万元人民币。 ...

格隆汇11月3日丨烽火通信(600498.SH)公布，截至2025年10月31日，公司通过集中竞价交易方式已回购 A股股份数量为117.95万股，已回购股份约占公司总股本的0.09%，回购成交的最高价格为26.26元/股， 回购成交的最低价格为24.81元/股，成交总金额为2998.15万元人民币（不含交易费用）。 MACD金叉信号形成，这些股涨势不错！ ...

Investment Rating - The report maintains an "Outperform" rating for the communication industry [5] Core Viewpoints - The communication industry is experiencing robust growth driven by AI investments, particularly in the optical communication sector, which has shown significant profit increases [2][4] - The overall revenue and net profit for the communication industry (excluding operators) grew by 19.57% and 33.69% year-on-year in the first three quarters of 2025, respectively [2][42] - The report highlights a positive outlook for AI infrastructure, with recommendations to focus on optical devices, communication equipment, and liquid cooling technologies [4] Summary by Sections Market Performance - In October, the communication sector index fell by 0.45%, aligning closely with the broader market performance, ranking 20th among 31 primary industries [12][17] - The average PE ratio for the communication sector was 23.2, indicating a recovery from historical lows [17][22] Fund Holdings Analysis - As of Q3 2025, the market value of funds heavily invested in the communication sector reached 288.6 billion yuan, accounting for 7.14% of total fund holdings, with a 3.2 percentage point increase from the previous quarter [30][34] - The concentration of fund holdings in the top ten communication stocks increased, with significant preferences for optical modules and communication devices [35][40] Financial Performance - In Q3 2025, non-operator communication companies reported total revenues of 185.1 billion yuan, a 19.47% increase year-on-year, and net profits of 16.7 billion yuan, up 47.4% [2][42] - The optical module sector led revenue growth with a 63.5% increase, while profit growth was particularly strong in optical modules and AI-driven devices [43][51] Company-Specific Insights - Major companies like Zhongji Xuchuang and Xinyi Sheng reported substantial revenue and profit increases, benefiting from the growing demand for AI-related products [51][58] - The three major telecom operators showed slower growth, with net profit increases outpacing revenue growth, indicating a shift towards digital and innovative business models [49][58]

Investment Rating - The report maintains a "Buy" rating for the company [4] Core Insights - The company experienced significant acceleration in performance growth, with a revenue of 4.96 billion yuan in the first three quarters of 2025, representing a year-on-year increase of 4.6%, and a net profit attributable to shareholders of 270 million yuan, up 16.3% year-on-year [1] - In Q3 alone, the company achieved a revenue of 1.92 billion yuan, a year-on-year increase of 22.0% and a quarter-on-quarter increase of 14.1%, with a net profit of 110 million yuan, reflecting an impressive year-on-year growth of 85.3% [1] - The growth in profit significantly outpaced revenue growth, indicating an optimization in product structure and an increase in the proportion of high-margin products [1] Summary by Sections AI-Driven Growth - The development of domestic super nodes has exceeded expectations, creating opportunities for the industry chain. Major companies like Huawei and Alibaba have launched super node solutions, which are expected to enhance the penetration rate of super nodes and drive growth in the computing power industry chain [2] - The company is one of the few in China to achieve mass production of high-speed connectors and chip-to-IO high-speed optical modules, which are utilized in super node computing scenarios, establishing strong partnerships with clients like Huawei and ZTE [2] Solar Support Business - The global demand for photovoltaic installations is expected to maintain stable growth, driven by the acceleration of renewable energy initiatives and net-zero carbon goals in many countries. The global photovoltaic new installed capacity is projected to be between 466-549 GW in 2025, with a compound annual growth rate of approximately 6.9% from 2025 to 2030 [3] - The company is a key player in solar tracking supports, with core clients including globally recognized firms like Nextracker, and is enhancing its overseas production base in the U.S. and Thailand to improve supply chain resilience [3] Financial Forecast and Valuation - The company is projected to achieve net profits of 360 million yuan, 460 million yuan, and 590 million yuan for the years 2025, 2026, and 2027, respectively, with corresponding price-to-earnings ratios of 25, 20, and 15 [4] - Revenue is expected to grow from 6.097 billion yuan in 2024 to 9.291 billion yuan in 2027, reflecting a compound annual growth rate of 16.40% [6]

平治信息（300571）(300571.SZ)公告，公司子公司深圳兆能与中国电信（601728）集团有限公司、中 国电信股份有限公司签订《中国电信插入式微型智能机顶盒产品(2025年-2026年)集中采购项目设备及相 关服务采购框架协议》，合同约定深圳兆能作为中国电信的服务供应商，向中国电信提供插入式微型智 能机顶盒产品和服务，框架协议总金额合计约为7400万元。 ...

Market Overview - The communication equipment sector increased by 0.31% on November 3, with Wanlong Optoelectronics leading the gains [1] - The Shanghai Composite Index closed at 3976.52, up 0.55%, while the Shenzhen Component Index closed at 13404.06, up 0.19% [1] Top Performers - Wanlong Optoelectronics (300710) closed at 24.88, up 16.15% with a trading volume of 236,800 shares and a turnover of 577 million yuan [1] - Sega Technology (002796) closed at 21.71, up 9.98% with a trading volume of 272,100 shares and a turnover of 575 million yuan [1] - ST Tianyu (300205) closed at 5.21, up 9.92% with a trading volume of 109,800 shares and a turnover of 55.42 million yuan [1] Other Notable Stocks - Cheng Tian Wei Ye (300689) closed at 55.86, up 5.60% with a trading volume of 54,200 shares and a turnover of 303 million yuan [1] - Huyuan Communication (000586) closed at 14.45, up 3.96% with a trading volume of 90,800 shares and a turnover of 130 million yuan [1] Market Capital Flow - The communication equipment sector experienced a net outflow of 2.201 billion yuan from institutional investors, while retail investors saw a net inflow of 1.638 billion yuan [2] - The sector's overall capital flow indicates a mixed sentiment among different investor types [2] Individual Stock Capital Flow - New Yi Sheng (300502) had a net inflow of 159 million yuan from institutional investors, while retail investors had a net outflow of 57.46 million yuan [3] - Wanlong Optoelectronics (300710) saw a net inflow of 64.58 million yuan from institutional investors, but retail investors experienced a net outflow of 47.39 million yuan [3] - Sega Technology (002796) had a net inflow of 50.35 million yuan from institutional investors, with retail investors also facing a net outflow of 26.56 million yuan [3]

第七届知交会暨地博会期间，举行了广州开发区海外知识产权服务工作站签约仪式以及中新双向知识产 权转化运用促进中心揭牌仪式。据现场消息，2023年底，广州开发区成功获评全国首批知识产权服务业 高质量集聚发展示范区以来，推动法国、德国、马来西亚、泰国等外国专利代理机构在华常驻代表机构 落户开发区。为护航企业出海、助力广州开发区扩大高水平对外开放提供重要支撑，广州开发区知识产 权局指导开发区知识产权协会与4家外国专业知识产权服务机构，建设广州开发区海外知识产权服务工 作站，为广州开发区企业走出去提供专业高效的知识产权服务。 当企业携创新成果叩响国际市场大门，在机遇的浪潮之下，也存在一定的风险。此时，知识产权既是打 破技术壁垒、赢得全球客户信任的"黄金通行证"，更是抵御侵权风险、守护核心利益的"坚固护城河"。 第七届粤港澳大湾区知识产权交易博览会暨国际地理标志产品交易博览会设立"知识产权护航出海专 区"，专为企业出海护航。 据悉，本专区以"制度整合、资源聚合、服务赋能、风险防控"为核心定位，创新打造"会议+展览"深度 融合的服务平台。现场既有企业讲述海外维权案例，又有研究机构、金融机构及法律服务机构等为维权 提供方案， ...

公募基金三季报披露完毕，主动权益基金重仓股曝光。 宁德时代仍为主动权益基金三季度头号重仓股，持仓市值为796.9亿元；中际旭创为第二大持仓，持有 市值577.49亿元；对新易盛持有市值达571.59亿元，位居第三。 | 指名 | 股票名称 | 持股票同官 | 持股占流通 | 一分分的投 | | --- | --- | --- | --- | --- | | | | (亿元) | 股比 | 345 K | | 1 | 宁德时代 | 796.90 | 4.66% | -0.38% | | 2 | 中际旭创 | 577.49 | 12.94% | 3.00% | | 3 | 新易盛 | 571.59 | 17.65% | 0.19% | | 4 | 紫等观,不 | 398.66 | 6.58% | -0.07% | | 5 | 立讯精密 | 383.76 | 8.17% | -0.35% | | ୧ | 工业富联 | 372.20 | 2.84% | 2.31% | | 7 | 贵州茅台 | 299.58 | 1.66% | -0.07% | | 8 | 寒武纪-U | 273.58 | 4.94% | 1.42% ...