证券之星消息，根据市场公开信息及9月2日披露的机构调研信息，民生加银基金近期对3家上市公司进 行了调研，相关名单如下： 调研纪要：国内主要资讯商资本开支同比去年均出现增长，预计明年国内市场总体仍将延续增长态势。 公司2023年推出硅光模块，今年出货量达历史高峰，后续比例将逐步增加。当前产能利用率较高，未来 将根据市场需求实时调整。二季度毛利率下滑因产品结构变化及竞争加剧，预计下半年将回升。2025年 国内以400G为主，明年800G占比将增加。OCS布局基于MEMS技术，技术成熟且出货量占比较大。上 半年需求同比增长较多，下半年总体保持稳定。50G PON技术已通过认证，目前处于小批量试点，商用 时间取决于试点效果。物料价格由供需决定，公司将提前备货缓解压力。 1)华峰测控(民生加银基金管理有限公司参与公司电话会议&业绩交流会) 民生加银基金成立于2008年，截至目前，资产管理规模(全部公募基金)1696.88亿元，排名43/210；资产 管理规模(非货币公募基金)1413.77亿元，排名36/210；管理公募基金数175只，排名41/210；旗下公募基 金经理28人，排名48/210。旗下最近一年表现最佳的 ...

Group 1: Company Insights - Yuanjie Technology reported significant revenue growth in the data communication sector, particularly for 400G/800G optical modules, with expectations for substantial growth in the second half of 2025 [1] - Huafeng Measurement Control experienced a 41% year-on-year revenue increase in the semiconductor industry, with a notable 37.6% growth in net profit, driven by stable demand in power devices and consumer electronics [2] - Dekeli faced challenges in order delivery due to insufficient capacity and supply chain resources, but anticipates improvement with new facilities coming online in the second half of 2025 [3] - Kebo Da achieved a revenue of 3.047 billion yuan, an 11.1% increase year-on-year, with a net profit of 451 million yuan, reflecting a 21.34% growth [4] - Ningbo Jingda's performance was slightly impacted by international trade factors, but saw a recovery in the second quarter with a 70% increase in export orders [5] - Jinbo Co. reported a 19.69% increase in revenue to 411 million yuan, with significant growth in new business areas, particularly in the lithium battery sector [6] - Xinmai Medical achieved a revenue of 714 million yuan and a net profit of 315 million yuan, with overseas revenue growing over 95% [7] - Guangxun Technology's revenue is expected to continue growing, with a historical peak in silicon optical module shipments and plans to adjust production capacity based on market demand [8] Group 2: Industry Trends - The semiconductor industry is expected to continue its recovery trend into 2025, with increasing demand for data centers and power devices [2] - The demand for optical communication products is anticipated to grow, particularly with the introduction of 400G and 800G technologies [1][8] - The automotive sector is seeing a shift towards energy management products and lightweight solutions, with companies exploring new directions in EV and hydrogen energy [5] - The overall market for optical communication is projected to remain stable in the second half of 2025, with a focus on MEMS technology for OCS products [8]