12月30日，世嘉科技发布公告，披露公司拟通过增资扩股及股权受让相结合的方式，以2.75亿元总价取 得光彩芯辰（浙江）科技有限公司（以下简称"光彩芯辰"）20%股权，同时计划未来进一步推进控股收 购。 本次交易由两部分组成：一是世嘉科技以27.2987元/股的价格，出资2.75亿元认购光彩芯辰1007.37万元 新增注册资本，对应13.2066%股权，其中部分资金计入注册资本，其余作为溢价计入资本公积金；二 是光彩芯辰创始股东嘉兴和同智能科技合伙企业（有限合伙）（以下简称"嘉兴和同"）以1元总价，向 世嘉科技转让其持有的6.7934%股权（对应518.19万元注册资本）。交易完成后，世嘉科技合计持有光 彩芯辰1525.56万元注册资本，持股比例达20%，光彩芯辰注册资本将从6620.43万元增至7627.80万元， 交易后估值为20.8229亿元。 资金支付方面，世嘉科技已预付8000万元增资款，剩余1.95亿元将在相关先决条件满足后10个工作日内 支付。增资款将专项用于光彩芯辰正常经营及研发活动。 光彩芯辰成立于2020年5月，注册资本6620.43万元，注册地址位于浙江省嘉兴市嘉善县，法定代表人为 鞠勇， ...

Suspension and Resumption - WISCO Development plans to acquire equity in WISCO Mining and Luzhong Mining, leading to a stock suspension [1] Mergers and Acquisitions - Xiamen Tungsten's subsidiary, Xiamen Jinlu, intends to acquire 100% equity of German company Mimatic and increase its capital [2] - Sega Technology plans to invest 275 million yuan to increase capital in Guangcai Xincheng and acquire a 20% stake in the company, which focuses on optical communication technology [2] External Investments and Daily Operations - Tianqi Co. plans to raise no more than 977 million yuan for the construction of a robotics intelligent system R&D center aimed at the automotive industry [3] - State Power Investment Corporation's subsidiary collaborates with CATL to jointly invest in the Dadu River Danba Hydropower Station project, with a total dynamic investment of 15.273 billion yuan [3] - Jingye Intelligent plans to establish a controlling subsidiary focusing on advanced nuclear energy systems [3] - Ningbo Huaxiang's subsidiary signs a strategic cooperation agreement with Qianxing Future to enhance collaboration in embodied intelligent robotics [4] - Juneyao Airlines intends to purchase 25 Airbus A320 series aircraft for 4.1 billion USD [4] - Nongshang Environment signs a contract worth 132 million yuan for an integrated hardware and software computing power cluster [4] - International Composite plans to invest 1.693 billion yuan to build a project with an annual production capacity of 36 million meters of high-frequency high-speed electronic fiber cloth [5] - Roman Co.'s subsidiary signs a contract for a computing power service project worth approximately 156 million yuan [6] - Guiguan Electric plans to acquire 100% equity of Datang Tibet Energy Development Co., Ltd. and China Datang Group ZDN Clean Energy Development Co., Ltd. for 2.025 billion yuan [6] - China Duty Free's wholly-owned subsidiary has signed a contract for a duty-free project at Beijing Capital International Airport [7] - Haisheng Pharmaceutical participates in the innovative drug NWRD06 injection, which has completed the enrollment of the first subject in Phase II clinical trials, targeting liver cancer [7] - Hongwei Technology signs a strategic cooperation agreement with a leading domestic company in the transmission field, focusing on joint research of GaN power semiconductor devices [7]

（原标题：世嘉科技(002796.SZ)：拟取得光彩芯辰20%股权） 格隆汇12月29日丨世嘉科技(002796.SZ)公布，基于公司发展战略规划，公司看好光通信细分行业的市 场前景，认可光彩芯辰（浙江）科技有限公司（简称"标的公司""目标公司"或者"光彩芯辰"）在光通信 领域内的前期投入、技术储备以及客户资源，公司看好其未来发展空间。故，公司拟通过增资扩股及受 让创始股东嘉兴和同智能科技合伙企业（有限合伙）（简称"创始股东"或者"嘉兴和同"）部分股权方式 取得标的公司共计20%股权，并拟与标的公司及标的公司创始股东分别签署《苏州市世嘉科技股份有限 公司关于光彩芯辰（浙江）科技有限公司之投资协议》《关于光彩芯辰（浙江）科技有限公司之B5轮 股东协议》，本次交易主要内容如下： 本公司拟将按27.2987元/股的价格以275,000,000元认购标的公司10,073,739.78元新增注册资本。本次增 资完成后，本公司将持有标的公司13.2066%的股权，其中10,073,739.78元作为标的公司新增注册资本， 其余作为溢价进入标的公司的资本公积金。同时，标的公司创始股东嘉兴和同拟将其所持标的公司 6.7934 ...

本公司拟将按27.2987元/股的价格以275,000,000元认购标的公司10,073,739.78元新增注册资本。本次增 资完成后，本公司将持有标的公司13.2066%的股权，其中10,073,739.78元作为标的公司新增注册资本， 其余作为溢价进入标的公司的资本公积金。同时，标的公司创始股东嘉兴和同拟将其所持标的公司 6.7934%股权（对应目标公司5,181,864.29元注册资本）以总价1元的价格转让给本公司，最终达到本公 司获得标的公司共计15,255,604.07元的注册资本及持有标的公司20%的股权。本次交易对价为2.75亿 元，本次交易完成后本公司持有标的公司共计20%的股权。本次交易不构成重大资产重组，不构成关联 交易。 格隆汇12月29日丨世嘉科技(002796.SZ)公布，基于公司发展战略规划，公司看好光通信细分行业的市 场前景，认可光彩芯辰（浙江）科技有限公司（简称"标的公司""目标公司"或者"光彩芯辰"）在光通信 领域内的前期投入、技术储备以及客户资源，公司看好其未来发展空间。故，公司拟通过增资扩股及受 让创始股东嘉兴和同智能科技合伙企业（有限合伙）（简称"创始股东"或者"嘉兴和 ...

每经AI快讯，12月29日，世嘉科技（002796）(002796.SZ)公告称，公司拟通过增资扩股及受让创始股 东部分股权方式取得光彩芯辰20%股权，交易对价为2.75亿元。增资完成后，公司将持有光彩芯辰 13.2066%的股权，创始股东将转让6.7934%股权给公司。标的公司是一家专注于光通信领域传输和接入 技术的高新技术企业，专业从事以光模块、AOC、AEC等为主的光通信产品的研发、生产及销售，产 品矩阵覆盖100G至800G及1.6T系列光模块产品。 ...

Core Viewpoint - Huilv Ecological has shown significant stock performance with a year-to-date increase of 187.09%, reflecting strong market interest and financial growth [1][2]. Financial Performance - For the period from January to September 2025, Huilv Ecological achieved a revenue of 1.081 billion yuan, representing a year-on-year growth of 206.15% [2]. - The net profit attributable to shareholders for the same period was 51.7188 million yuan, marking a year-on-year increase of 96.96% [2]. Stock Market Activity - As of December 26, Huilv Ecological's stock price was 21.79 yuan per share, with a trading volume of 3.22 billion yuan and a turnover rate of 2.48%, resulting in a total market capitalization of 17.109 billion yuan [1]. - The stock has been active on the market, appearing on the "龙虎榜" (top trading list) six times this year, with the most recent appearance on October 28 [1]. Shareholder Information - As of December 19, the number of shareholders for Huilv Ecological was 38,600, a decrease of 16.90% from the previous period, while the average number of circulating shares per shareholder increased by 20.33% to 15,698 shares [2]. - The top ten circulating shareholders include new institutional investors, with notable holdings from Hai Futong Stock Mixed Fund and others [3]. Business Overview - Huilv Ecological, established on January 29, 1990, and listed on November 17, 2021, operates primarily in landscape engineering, design, and nursery planting [1]. - The company's revenue composition includes 38.62% from AOC, 31.08% from optical modules, 17.78% from landscape engineering, and smaller contributions from other segments [1]. Dividend Information - Since its A-share listing, Huilv Ecological has distributed a total of 166 million yuan in dividends, with 117 million yuan distributed over the past three years [3].

Core Insights - The article discusses the advancements and market trends in the CPO (Co-Packaged Optics) technology within the optical communication industry, highlighting its growing importance for AI and data center applications [2][5]. Group 1: CPO Technology Developments - Nvidia announced the adoption of single-channel 200G CPO technology in its InfiniBand and Ethernet switches in March [2]. - Meta's testing in September demonstrated the reliability of Broadcom's previous CPO products, leading to Broadcom's launch of its third-generation single-channel 200G CPO product in October [2]. - At the TEF conference in December, Nvidia reported that AI clusters based on CPO switches showed a tenfold improvement in reliability compared to systems using pluggable optical modules, translating to a fivefold increase in cluster uptime [2]. Group 2: Market Trends and Predictions - Ciena's acquisition of Nubis Communications and Marvell's acquisition of Celestial AI indicate major companies' focus on CPO technology, with expectations of more M&A activities in this space by early 2026 [5]. - Currently, CPO applications are limited to Scale-Out network design switches, with the next challenge being to extend Scale-Up interconnects beyond single racks, aiming to scale GPU clusters from 128-144 chips to 500-1000 chips for accelerated AI training [5]. - Amazon is using AEC to interconnect Trainium accelerators across two racks, but this may not scale well to more racks, while Huawei employs 800G pluggable LPO optical modules in its vertical Scale-Up network [5]. Group 3: Future Market Outlook - LightCounting has raised its market forecast for CPO, which now includes 1.6T and 3.2T ports for Scale-Up scenarios with transmission distances under 50 meters [5]. - Broadcom and Nvidia are expected to launch integrated CPO Scale-Up switches, GPUs, or XPUs by 2026, with shipments starting in 2027 [8]. - By 2030, the market size for CPO engines covering both Scale-Up and Scale-Out scenarios is projected to reach $10 billion, with nearly 100 million CPO ports expected to be shipped [8].

其中，800G光模块预计在2025年迎来需求高峰，全球出货量或将达到1800–1990万只，实现同比翻倍； 行业研究机构LightCounting预测，2029年全球光模块市场规模有望突破370亿美元。 汇聚科技(01729)：汇聚科技绝佳卡位MPO光通信和AI服务器等赛道，迎接高质量成长。MPO业务是公 司核心利润来源，技术行业领先，目前16芯MPO已形成批量出货，卡位海外云厂供应链，是谷歌体系 主力供应商，公司MPO产品需求旺盛(光纤收入24/25H1同比高增43%/35%)，且盈利能力远高于公司平 均水平。 长飞光纤（601869）光缆(06869)：公开资料显示，长飞光纤光缆在传统光棒光纤业务基础上，发展多 模、空芯光纤等高附加值产品，同时积极多元化。华泰证券此前研报指出，公司光纤光缆主业在AI算 力需求的驱动下，产品结构持续优化。虽然国内电信侧传统光纤需求短期承压，但面向算力网络的高端 产品需求旺盛。在下一代光纤技术方面，公司空芯光纤的研发与产业化进程全球领先。此外，公司通过 子公司长芯博创（300548）布局的MPO、AOC、高速铜缆等光互联组件业务已成为强劲增长点，受益 于北美AI数据中心建设， ...

华泰证券此前研报指出，公司光纤光缆主业在AI算力需求的驱动下，产品结构持续优化。虽然国内电 信侧传统光纤需求短期承压，但面向算力网络的高端产品需求旺盛。在下一代光纤技术方面，公司空芯 光纤的研发与产业化进程全球领先。此外，公司通过子公司长芯博创布局的MPO、AOC、高速铜缆等 光互联组件业务已成为强劲增长点，受益于北美AI数据中心建设，公司海外业务持续拓展。 长飞光纤光缆(6869.HK)今日继续上涨，盘中拉升涨超9%至50.5港元，为连续第三日上涨，股价创10月 初以来新高。A股长飞光纤一度涨超6%至115.13元，连续第三日上涨，股价创9月底以来新高。 消息面上，长飞光纤近日公告，子公司长飞资本及长芯博创，拟作为有限合伙人参与设立上海并购基金 三期。公告显示，上海并购基金三期主要聚焦于高端制造、集成电路、新材料、新能源、信息技术等国 家政策支持产业的并购等股权投资机会。上海并购基金三期全体合伙人拟认购金额为8.3亿元，其中长 飞资本拟出资6000万元、长芯博创拟出资4000万元。公司表示，子公司本次认购上海并购基金三期有限 合伙份额，旨在借助专业投资机构在股权投资领域的资源与优势，拓宽投资渠道，助力公司巩 ...

责任编辑：卢昱君 长飞光纤光缆（06869）盘中涨超5%，该股昨日大涨超21%，公司A股2连板。截至发稿，股价上涨 4.73%，现报48.72港元，成交额13.84亿港元。 近日市场热议光纤涨价。据看财经消息，有机构认为AI驱动光纤涨价。此前市场普遍认为，受限于运 营商宽带投资放缓，光纤始终处于降价周期。但近日光纤开始涨价，国内头部四家光纤厂商，以及海外 的康宁、藤仓等反馈，普缆散纤已涨价约15%。 华泰证券11月发布的研报指出，公司核心产品G.654.E光纤作为"东数西算"等长距离干线网络升级的首 选，已进入快速发展期，在中国电信近期集团级干线集采，公司G.654.E光缆以最大份额中标。在下一 代光纤技术方面，公司空芯光纤的研发与产业化进程全球领先。此外，公司通过子公司长芯博创布局的 MPO、AOC、高速铜缆等光互联组件业务已成为强劲增长点，受益于北美AI数据中心建设，公司海外 业务持续拓展。 MACD金叉信号形成，这些股涨势不错！ MACD金叉信号形成，这些股涨势不错！ 长飞光纤光缆（06869）盘中涨超5%，该股昨日大涨超21%，公司A股2连板。截至发稿，股价上涨 4.73%，现报48.72港元，成交额 ...