（编辑 丛可心） 证券日报网讯 2月27日，移远通信在互动平台回答投资者提问时表示，公司为支撑长远发展战略性投 入，叠加上游原材料成本持续上涨的影响，2025年度公司业绩情况未达到业绩预告披露标准，具体财务 数据请以后续披露的定期报告为准。公司募投项目建设按计划推进，根据会计准则，截至目前，不存在 导致相关固定资产需大额计提减值的迹象。后续公司也将严格按照企业会计准则及相关法律法规的规定 进行会计核算、编制财务报告并履行信息披露义务。 ...

证券日报网讯 2月27日，移远通信在互动平台回答投资者提问时表示，面对上游原材料价格上涨，公司 已制定相应的价格调整策略并正有序向下游传导，由于公司下游客户遍布全球、数量众多，且产品型号 种类繁多，价格传导节奏存在客观差异，因此难以对涨价情况给出精准的分类统计数据。公司一直严格 遵循法律法规及时履行信息披露义务并持续通过投资者调研、业绩说明会、E互动、投资者关系邮箱、 投资者热线等渠道保持与资本市场的沟通与交流。未来，公司将进一步提升与资本市场的沟通效率，积 极通过多种渠道加强与投资者的互动交流。关于2025年度的经营情况，根据信息披露相关规则，公司 2025年业绩未触及披露业绩预告或业绩快报的情形。目前公司正有序推进年度报告的编制工作，具体业 绩情况请关注公司后续披露的年度报告。 （文章来源：证券日报） ...

证券日报网讯 2月27日，移远通信在互动平台回答投资者提问时表示，公司已于2026年2月7日披露了 《关于累计诉讼及仲裁的公告》，对相关情况进行了如实披露。本次诉讼尚未开庭审理，最终结果需以 法院生效判决为准。目前公司已组建专业法律团队积极应诉，全力维护公司和股东的合法权益。公司将 密切关注案件进展，并严格按照法律法规的要求及时履行信息披露义务。 （编辑 王雪儿） ...

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]

Core Viewpoint - The company emphasizes its commitment to accurate financial reporting and long-term strategic investments despite challenges from rising raw material costs and potential shortfalls in performance forecasts for 2025 [2] Financial Reporting - The company adheres strictly to accounting standards and relevant laws to ensure that its financial reports accurately reflect its operational status [2] - Future financial details will be disclosed in periodic reports, indicating a commitment to transparency [2] Strategic Investments - The company is focused on long-term development strategies, which involve significant investments despite current economic challenges [2] Market Conditions - The company's stock price is influenced by various factors, including macroeconomic conditions, industry policies, market sentiment, and funding preferences, which may lead to short-term volatility [2]

证券日报网讯 2月13日，移远通信在互动平台回答投资者提问时表示，公司自成立以来，始终保持着稳 定且高效的治理架构。董事长作为公司的核心领导者，长期以来勤勉尽责、恪尽职守、认真履职。未来 公司也将继续专注主业经营，不断提升治理水平和综合竞争力，以更好的经营成果回报广大投资者。 （文章来源：证券日报） ...

Group 1 - The core viewpoint of the article highlights the performance of the CSI 1000 Enhanced ETF (159680), which rose by 0.76% to 1.732 yuan with a trading volume of 28.7856 million yuan as of the midday close [1] - The fund's performance benchmark is the CSI 1000 Index return, and it has achieved a return of 71.34% since its establishment on November 18, 2022, with a one-month return of 4.69% [1] - The major holdings of the CSI 1000 Enhanced ETF include companies such as O-film Technology, which fell by 0.50%, and Huayang Group, which increased by 2.54% [1] Group 2 - The fund is managed by China Merchants Fund Management Co., with fund managers Cai Zhen and Wen Yu overseeing its operations [1] - The article provides a detailed breakdown of the performance of individual stocks within the ETF, indicating mixed results among its top holdings [1]

Industry Insights - The Ministry of Industry and Information Technology, along with four other departments, has released implementation opinions to strengthen the capacity building of the information and communication industry, supporting the development of low-altitude infrastructure [1] - The low-altitude communication network is identified as a crucial infrastructure for the low-altitude economy, impacting the scalability of this sector significantly [1] - The optimization and planning of traditional base stations are seen as the best solution for enhancing supply capabilities, with a focus on the demand release in the base station renovation segment [1] Technological Developments - The advancement of 5G-A technology is providing new momentum for the development of the low-altitude economy, characterized by ultra-high speed, low latency, and high reliability [2] - 5G-A technology has diverse application scenarios in the low-altitude economy, including real-time data transmission for drone logistics, ensuring safe flight in complex urban environments [2] - The technology also supports air taxi services by enabling high-speed communication between vehicles and traffic management centers, optimizing flight paths and ensuring passenger safety [2] Company Developments - Quectel Wireless Solutions is recognized as a global leader in IoT solutions, having launched ultra-high-speed 5G R17 modules, RedCap series modules, and high-performance intelligent modules [3] - Putian Technology is focusing on satellite internet and low-altitude communication, specializing in the planning and design of communication information networks, and is a leading independent design institute in China [3]

Core Viewpoint - The company, Quectel (移远通信), has confirmed that it adheres to legal regulations regarding information disclosure and has no undisclosed performance information as of now [1] Group 1: Compliance and Disclosure - The company follows the Shanghai Stock Exchange's rules for annual performance forecasts, which require disclosure if certain conditions are met, such as negative net profit or significant changes in net profit compared to the previous year [1] - The company has stated that its production and operational activities are currently normal and orderly [1] Group 2: Performance Monitoring - Investors are advised to pay attention to the company's upcoming annual report for detailed performance information [1]

Core Viewpoint - The company, Quectel, has established a strong technical foundation and rich customer resources in the fields of vehicle networking, satellite communication, and AIoT, indicating a positive outlook for its operations and order situation [2] Group 1: Company Operations - The overall order situation of the company is good, and production activities are being carried out normally and orderly [2] - The company's Changzhou factory is currently operating at full capacity, and it collaborates with multiple global foundries to meet customer demands [2] - The company plans to disclose specific operational details in its first-quarter report for 2026 [2]