证券之星消息，根据企查查数据显示中天科技（600522）公布了一项国际专利申请，专利名为"天线组 件及测试系统"，专利申请号为PCT/CN2025/080525，国际公布日为2026年2月26日。 专利详情如下： 今年以来中天科技已公布的国际专利申请10个，较去年同期减少了23.08%。结合公司2025年中报财务 数据，2025上半年公司在研发方面投入了9.65亿元，同比减0.96%。 数据来源：企查查 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 图片来源：世界知识产权组织（WIPO） ...

本报记者 陈潇 "现在（光纤）一天一个价，涨得非常厉害。"2月26日，《证券日报》记者以投资者身份致电江苏中天科技股份有限公 司，该公司工作人员表示，近期光纤市场确实出现明显涨价现象。 上述工作人员表示，以G.652.D单模光纤为例，产品价格已从去年低点的18元/芯公里至19元/芯公里，上涨至目前最高约50 元/芯公里。随着数据中心相关需求快速增长，对部分光纤产能形成一定挤压。在整体产能相对有限的情况下，供需格局阶段 性偏紧。 事实上，在全球算力基础设施建设提速的背景下，光纤行业景气度正显著回升。多家券商研报认为，AI大模型训练、智算 中心建设及数据中心互联（DCI）等需求的快速增长，正成为拉动光纤产业的新引擎。 国泰海通证券研报认为，与传统数据中心相比，单个智算中心的光纤需求量可达数倍甚至十倍以上，一个典型万卡GPU集 群仅服务器内部互连就需数万芯公里光纤。其预测，AI驱动的数据中心内部及DCI（数据中心互联）场景的光纤需求占比，有 望从2024年的不到5%激增至2027年的35%。 工信部信息通信经济专家委员会委员盘和林向《证券日报》记者表示，中国光纤具有规模、技术和成本优势。预计未来2 年至3年间，光纤 ...

（来源：淘金ETF） 1. 中国卫通（601698） 作为卫星通信运营国家队，手握稀缺轨位与频谱资源，是商业航天从上天到变现的关键枢纽。在低轨星 座加速组网、手机直连卫星需求爆发的背景下，卫星通信运营与数据服务成为核心增长极。凭借完整地 面站网络与高通量卫星资源，深度绑定国家星网工程，承接卫星互联网、应急通信、偏远地区覆盖等核 心订单，现金流稳定且可持续。随着商业航天规模化落地，卫星运维、数据分发、行业应用需求持续释 放，叠加政策对卫星互联网的战略支持，长期成长逻辑清晰。在空天地一体化建设浪潮中，凭借资源壁 垒与运营优势，成为商业航天运营端最具确定性的核心标的，业绩与估值具备向上空间。 2. 中国卫星（600118） 深耕卫星研制与应用全产业链，覆盖通信、导航、遥感等多领域卫星制造，是商业航天卫星制造端的核 心力量。随着低轨星座建设进入高峰期，微小卫星批量发射需求激增，卫星总装与核心部件配套迎来爆 发式增长。依托航天科技集团技术与资源优势，在卫星平台、载荷研发、总装测试等环节具备深厚积 累，深度参与国家重大航天工程与商业卫星项目。同时积极布局卫星应用服务，构建"制造+运营+数 据"闭环，拓展行业应用场景。在商 ...

Core Viewpoint - The rapid development of AI is driving an increased demand for upstream raw materials, leading to a rise in prices for these materials, particularly in the optical fiber market, which has reached a seven-year high with prices exceeding 40 yuan per core kilometer, reflecting an annual increase of over 80% [3][6]. Demand Side - The growth in AI computing power is significantly increasing the demand for high-speed connections within data centers and in non-traditional communication fields, leading to a surge in demand for new types of optical fibers such as multi-mode fibers and G.654.E fibers [6]. - Major tech companies like Microsoft are planning to deploy extensive lengths of hollow-core fiber for their AI data centers, indicating a strong market demand [6]. - The "East Data West Computing" national project in China is expected to generate a concentrated procurement demand for over 3 million core kilometers of ultra-low loss optical fibers by 2025 [6]. Supply Side - The production capacity of optical fibers is constrained by the availability of optical fiber preform rods, which are critical raw materials and represent a bottleneck in the supply chain [7]. - The expansion cycle for optical fiber preform rods is approximately two years, and the industry has seen cautious capital investment since 2019, resulting in a mismatch between supply and demand [7]. - The introduction of hollow-core fibers, which offer advantages such as low latency and low loss, is expected to change the market dynamics, although their high cost remains a barrier [7]. Market Concentration - Domestic manufacturers hold 80% of the global optical fiber preform capacity, enhancing their market power and limiting the expansion of traditional and hollow-core fiber production [8]. - The global optical fiber market is highly concentrated, with the top four manufacturers accounting for over 50% of the market share, and the top ten companies exceeding 90% [8]. Company Highlights - **Changfei Fiber**: A leading global company in the optical fiber industry, expected to reach a production capacity of 100 million core kilometers per year by 2025, benefiting from price increases [12]. - **Hengtong Optic-Electric**: Among the top three in optical fiber communication and submarine cables, with a projected capacity of 95 million core kilometers per year by 2025 [15]. - **ZTT**: A major player with a comprehensive product range and a projected capacity of 90 million core kilometers per year by 2025 [17]. - **FiberHome**: Unique in integrating optical communication systems, with a projected capacity of 85 million core kilometers per year by 2025 [19]. - **Tongding Interconnection**: Established a complete industry chain, with a projected capacity of 75 million core kilometers per year by 2025 [21]. - **Yongding Co., Ltd.**: Recognized as a national champion in fire-resistant communication cables, with a projected capacity of 70 million core kilometers per year by 2025 [23]. - **TeFa Information**: Focused on high-end optical communication products, with a projected capacity of 65 million core kilometers per year by 2025 [25].

中天科技近日成功中标长乐机场综保区人工智能智算中心一期机电总承包工程，此举标志着公司在高端 智算和数据中心机电领域取得重要里程碑。该项目是福州新区数字经济标杆，旨在打造东南地区高性能 人工智能算力枢纽。项目一期将通过液冷机柜矩阵与AI服务器，形成15000P算力，兼具高效与节能优 势。中天科技依托其在光通信、智能电网等领域的技术积淀，进一步巩固了行业领先地位，并为拓展东 南地区算力新基建业务打开了新空间。(中天科技) ...

Investment Rating - The industry investment rating is "Positive" and maintained [12] Core Insights - The communication sector saw a 2.35% increase in the 6th-7th week of 2026, ranking 6th among primary industries in the Yangtze River region; since the beginning of 2026, it has risen by 0.44%, ranking 27th [2][6] - Tower's silicon photonics revenue doubled, with a high demand for 1.6T, and capacity expansion plans have been adjusted with prepayments secured; silicon photonics modules continue to penetrate the market [2][10] - Vertiv's orders and backlog reached new highs, with a shipment-to-order ratio rising to 2.9 times [2][10] - ByteDance's Seedance 2.0 has industry-leading generation availability, while Google's Gemini 3.1 Pro tops the charts, and Anthropic's annual revenue is growing rapidly at $14 billion [2][10] - OpenAI's cumulative computing expenditure is expected to exceed $600 billion by 2030, with an upward revision of revenue forecasts [2][10] Summary by Sections Market Performance - In the 6th-7th week of 2026, the communication sector increased by 2.35%, ranking 6th among primary industries; since the start of 2026, it has risen by 0.44%, ranking 27th [2][6] - Among companies with a market capitalization above 8 billion, the top three gainers this week were Dawei Technology (+39.4%), Shengke Communication (+31.7%), and Shenling Environment (+29.6%); the top three decliners were Tongyu Communication (-11.7%), Dingtong Technology (-9.7%), and Xinke Mobile (-9.3%) [6] Company Highlights - **Tower**: In Q4 2025, revenue reached $440 million, a year-on-year increase of 13.7%, with GAAP net profit of $80 million, up 45.3%. The company expects silicon photonics revenue to reach $228 million in 2025, doubling from 2024, and has raised its capacity target from 3 times to over 5 times the Q4 2025 shipment [7] - **Vertiv**: In Q4 2025, revenue was $2.88 billion, a year-on-year increase of 22.7%, with GAAP net profit of $450 million, up 203.1%. The company reported a significant increase in organic orders, with a year-on-year growth of 252% [7] AI Model Developments - On February 12, ByteDance launched Seedance 2.0, achieving industry-leading performance in complex scenarios with a high generation availability rate [8] - Anthropic completed a $30 billion Series G financing round with a post-money valuation of $380 billion, reporting an annual revenue of approximately $14 billion [8] - On February 19, Google released Gemini 3.1 Pro, which ranked first in AI analysis, showing significant improvements in reasoning capabilities [8] Future Projections - OpenAI updated its financial outlook, projecting cumulative computing-related expenditures to exceed $600 billion by 2030, with training costs expected to rise significantly in 2025 and 2026 [9]

（来源：淘金ETF） 1. 中际旭创（300308）作为全球高速光模块领域的绝对龙头企业，中际旭创深度绑定英伟达、微软、谷 歌等北美头部云厂商，是AI算力爆发周期内最具确定性的核心受益标的。800G与1.6T高速光模块出货 量稳居全球前列，产品结构持续向高端迭代，毛利率与盈利水平稳步抬升。随着英伟达GB300与Rubin 新一代算力平台规模化落地，单机光模块用量大幅提升，直接推动公司订单持续高增。在CPO共封装光 学领域，企业技术储备完善，与产业链上下游协同推进下一代互联方案，长期成长空间进一步打开。北 美四大云厂商资本开支同比增长超60%，叠加英伟达业绩超预期，公司未来两年业绩确定性极高，产能 持续满载，客户结构优质且壁垒深厚，是光模块板块中业绩弹性最强、成长逻辑最清晰的龙头企业。 2. 新易盛（300502） 专注于高速光模块研发、生产与销售的新易盛，是国内少数具备全球竞争力的核心企业，产品覆盖数据 中心、电信传输全场景，在400G、800G高端模块领域出货量位居行业第一梯队。企业海外收入占比 高，深度绑定全球主流云厂商与设备商，订单能见度高且交付能力突出。受益于AI数据中心建设提速 与高速互联需求爆发， ...

消息面上，有券商研究员表示，商业航天板块仍是市场主线。近期更是有四大驱动突现：一是央地协同 发力，红利持续释放；二是融资IPO双爆发；三是高频发射序幕将启；四是技术突破催生大运力时代来 临。 2月26日，三大指数涨跌不一，创业板指盘中一度跌超1%，黄白线分化。板块方面，商业航天概念股狂 欢，春晖智控、中科环保双双20cm涨停，华丰科技、钢研高纳、电科蓝天等多股涨超10%，航天动 力、中天科技、烽火通信等多只概念股涨停。 华龙证券认为，我国商业火箭发射进入规模化阶段，政策持续加码，市场规模快速提升。截至2025年 底，中国商业火箭累计发射95次，标志着国家级星座开始进入规模化发射阶段。我国商业航天市场规模 2025年已突破2.5万亿元，从投资端来看，火箭和卫星制造为主要投资领域。2025年末，中国多型可回 收火箭密集进入回收验证阶段，为后续降本和高频发射奠定基础。 （文章来源：21世纪经济报道） ...

专题：A股节后迎高胜率窗口 新一轮上行可期 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 2．电网设备 北京科锐、神马股份、杭电股份等多股涨停。 截至收盘，沪指报4146.63点，跌0.01%；深证成指报14503.79点，涨0.19%；创指报3344.98点，跌 0.29%。 盘面上，元件、CPO、铜缆高速连接板块涨幅居前；影视院线、保险、房地产板块跌幅居前。 热点板块： 1．算力芯片 寒武纪涨近10%，聚飞光电、杰普特20cm涨停，中天科技、烽火通信等多股涨停。 消息面上，国产算力芯片龙头海光信息公告，预计一季度实现归属于母公司所有者的净利润6.2亿元— 7.2亿元，同比增长22.56%—42.32%。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 2月26日消息，市场全天探底回升，三大股指涨跌不一。板块方面，算力芯片股午后拉升，明阳电路、 聚飞光电、杰普特20cm涨停；电网设备板块震荡走强，北京科锐、神马股份、杭电股份等多股涨停； 商业航天概念持续走高，抚顺特钢涨停；下跌方面，影视院线板块持续调整，博纳影业领跌；房地产板 块表现低迷，华联控股领跌；创新药板 ...

据交易所数据显示，截至2月26日收盘，主力资金流入前20的股票分别为： 沪电股份（15.53亿元）、 胜宏科技（13.99亿元）、 亨通光电（10.93亿元）、 华胜天成（9.40亿元）、 润泽科技（8.43亿元）、 航天动力（8.12亿元）、 聚飞光电（8.09亿元）、 中天科技（7.05亿元）、 芯原股份（6.60亿元）、 高澜 股份（6.50亿元）、 东方电气（6.33亿元）、 华银电力（6.09亿元）、 东山精密（5.95亿元）、 世运电路（5.55亿元）、 川润股份（5.04亿元）、 赛微电子 （4.81亿元）、 永鼎股份（4.56亿元）、 光迅科技（4.51亿元）、 豪威集团（4.31亿元）、 华丰科技（4.19亿元）。 | 华银电力 | 10.06 | 6.09亿元 | 公用事』 | | --- | --- | --- | --- | | 东山精密 | 8.01 | 5.95亿元 | 电子 | | 世运电路 | 4.95 | 5.55亿元 | 电子 | | 川润股份 | 10.02 | 5.04亿元 | 机械设备 | | 赛微电子 | 4.95 | 4.81亿元 | 电子 | | 永鼎股份 | ...