Group 1 - The financing balance of the Sci-Tech Innovation Board increased by 3.623 billion yuan compared to the previous day, with 29 stocks seeing an increase of over 50 million yuan in financing balance [1] - As of January 7, the total margin financing balance on the Sci-Tech Innovation Board reached 279.986 billion yuan, marking a continuous increase for three trading days [1] - Among the stocks on the Sci-Tech Innovation Board, 491 had a financing balance exceeding 100 million yuan, with 53 stocks having a balance over 1 billion yuan [1] Group 2 - The stock with the highest net financing purchase was Lanke Technology, with a latest financing balance of 6.823 billion yuan, an increase of 404 million yuan from the previous day [2] - Other notable stocks with significant net purchases included Dekeli and Xinghuan Technology, with net purchases of 226 million yuan and 179 million yuan, respectively [2] - Stocks favored by financing customers showed an average increase of 4.69%, with notable gainers including Yinuosi and Xinyuanwei, both up by 20% [2] Group 3 - The stocks with the highest financing balance as a percentage of their circulating market value averaged 4.07%, with Huafeng Technology having the highest ratio at 7.81% [2] - Other stocks with high financing balance ratios included Juguang Technology and Bolite, at 7.17% and 6.74%, respectively [2] - The sectors attracting financing customers were concentrated in electronics, communications, and power equipment, with 17, 3, and 2 stocks respectively [2]

Market Overview - The main funds in the Shanghai and Shenzhen markets experienced a net outflow of 54.336 billion yuan, with the Sci-Tech Innovation Board seeing a net outflow of 38.7137 million yuan [1] - A total of 269 stocks on the Sci-Tech Innovation Board saw net inflows, while 331 stocks experienced net outflows [1] Stock Performance - On the Sci-Tech Innovation Board, 371 stocks rose, with 8 stocks hitting the daily limit, including Fuxin Technology and Chip Source, while 221 stocks declined [1] - Strong One Co., listed for 5 days, had a notable increase of 12.55% today [2] Fund Flow Analysis - Among the 269 stocks with net inflows, 21 stocks had inflows exceeding 100 million yuan, with Dekoli leading at 461.26 million yuan [1] - Other significant net inflows were seen in Huahong Company and Hengkun New Materials, with inflows of 262 million yuan and 223 million yuan, respectively [1] - The stock with the highest net outflow was Haiguang Information, which saw a net outflow of 658 million yuan and a decline of 1.36% [1] Continuous Fund Flow - There are 59 stocks with continuous net inflows for more than 3 trading days, with Aiko Optoelectronics leading at 11 consecutive days of inflow [2] - 120 stocks experienced continuous net outflows, with Dameng Data having the longest streak at 21 consecutive days [2] Top Stocks by Net Inflow - Dekoli (688205) had a net inflow of 461.27 million yuan, with a flow rate of 13.02% and a price increase of 14.23% [3] - Huahong Company (688347) and Hengkun New Materials (688727) followed with net inflows of 261.75 million yuan and 223.40 million yuan, respectively [3][4] - Other notable stocks with significant inflows include Changguang Huaxin, Zhongwei Company, and Jiewate, with inflows of 216.65 million yuan, 177.90 million yuan, and 170.29 million yuan, respectively [3]

证券之星消息，1月7日通信设备板块较上一交易日上涨1.6%，德科立领涨。当日上证指数报收于 4085.77，上涨0.05%。深证成指报收于14030.56，上涨0.06%。通信设备板块个股涨跌见下表： 从资金流向上来看，当日通信设备板块主力资金净流入42.06亿元，游资资金净流出27.56亿元，散户资金 净流出14.5亿元。通信设备板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 002792 通宇通讯 | | 11.54 Z | 21.00% | -7.11 亿 | -12.94% | -4.43 Z | -8.05% | | 600105 | 永鼎股份 | 5.69 Z | 8.22% | -1.86亿 | -2.69% | -3.83 Z | -5.54% | | 300502 | 新易盛 | 5.63 亿 | 4.40% | -5.62 Z | -4.39% | -84.76万 | ...

Core Viewpoint - The F5G concept sector experienced a decline of 0.21%, ranking among the top losers in the market, with notable declines in stocks such as StarNet Ruijie, Cambridge Technology, and Changxin Bochuang [1][2] Market Performance - The F5G concept sector saw a net outflow of 5.795 billion yuan, with 22 stocks experiencing net outflows, and 10 stocks seeing outflows exceeding 100 million yuan [2] - The stock with the highest net outflow was Zhongji Xuchuang, with a net outflow of 2.578 billion yuan, followed by Changxin Bochuang, Cambridge Technology, and Fenghuo Communication [2] Top Gainers and Losers - Among the F5G concept stocks, the top gainers included Zhenyou Technology, Tongyu Communication, and CITIC Heavy Industries, with increases of 6.17%, 3.38%, and 2.13% respectively [1][2] - The top losers in the F5G sector included Zhongji Xuchuang (-2.93%), Changxin Bochuang (-3.55%), and Cambridge Technology (-4.36%) [2][3] Capital Flow Analysis - The main capital inflows in the F5G concept stocks were observed in Zhenyou Technology, Zhao Chi Shares, and Dekeli, with inflows of 134 million yuan, 114 million yuan, and 6.307 million yuan respectively [2][3] - The overall trend indicates a significant capital outflow from the F5G sector, highlighting potential concerns among investors [2]

Group 1: Industry Overview - The deployment and expansion of 5G networks are significantly driving the demand for high-speed optical modules, which are essential for data transmission in 5G networks [1] - Different scenarios such as front-haul and mid-haul require differentiated transmission performance, pushing optical modules towards higher speeds to support emerging services like HD video and industrial IoT [1] - The global 5G base station deployment is projected to reach 6.376 million by 2024, a year-on-year increase of 23.3%, with a forecast of 8.5 million by 2025 [1] Group 2: Company Developments - Zhongji Xuchuang is the only global manufacturer to achieve mass production of 400G/800G silicon optical modules, with a high yield of 95% for its self-developed 1.6T silicon optical module [4] - NewEase focuses on integrating silicon photonics and LPO technology, with significant orders from Meta and Amazon for its 800G LPO silicon optical modules [4] - Coherent maintains a strong market share in 800G optical modules and is collaborating with Lumentum to develop next-generation solutions [4] Group 3: Competitive Landscape - The Chinese optical module industry is in a high-growth phase, with competitors categorized into three tiers based on revenue, with Zhongji Xuchuang leading the first tier with over 20 billion in revenue [5] - The competitive landscape is characterized by diverse technological routes and differentiated core advantages among leading companies, with a focus on self-research and global expansion [7] - Companies like Cambridge Technology and Guangxun Technology leverage vertical integration to enhance their product offerings and market responsiveness [7] Group 4: Technological Advancements - Companies are advancing in the 800G/1.6T high-end product space, with Zhongji Xuchuang showcasing its 3nm 1.6T OSFP series products at OFC2025 [8] - NewEase has entered mass production with its automated production lines in Thailand, focusing on high-end products and optimizing supply chain responsiveness [8] - Huagong Technology is enhancing its production capabilities and expanding its delivery network to meet the growing demand for 800G and 1.6T products [8]

Group 1 - The CPO concept in the A-share market experienced a widespread decline, with several companies showing significant drops in their stock prices [1] - Guangku Technology fell over 5%, while Taicheng Light, Cambridge Technology, and Tianfu Communication dropped more than 4% [1] - Dekeli, Zhongfu Circuit, Founder Technology, Zhongji Xuchuang, Jingwang Electronics, and Xinyi Sheng all saw declines exceeding 3% [1]

Core Viewpoint - The stock of Dekoli has experienced significant fluctuations, with a year-to-date increase of 104.64% but a recent decline of 7.49% over the last five trading days, indicating volatility in investor sentiment and market conditions [2]. Financial Performance - For the period from January to September 2025, Dekoli reported a revenue of 652 million yuan, representing a year-on-year growth of 8.59%. However, the net profit attributable to shareholders decreased by 47.43% to 40.11 million yuan [3]. - Since its A-share listing, Dekoli has distributed a total of 158 million yuan in dividends [4]. Stock Market Activity - As of December 29, Dekoli's stock price was 142.57 yuan per share, with a market capitalization of 22.567 billion yuan. The trading volume was 9.62 billion yuan, with a turnover rate of 4.19% [1]. - The stock has appeared on the "Dragon and Tiger List" seven times this year, with the most recent appearance on December 9, where it recorded a net purchase of 353 million yuan [2]. Shareholder Structure - As of September 30, 2025, Dekoli had 17,300 shareholders, an increase of 81.68% from the previous period. The average number of circulating shares per shareholder decreased by 2.48% to 9,163 shares [3]. - Notable changes in institutional holdings include an increase in shares held by Zhonghang Opportunity Leading Mixed Fund and new entries from several funds, indicating growing institutional interest [4]. Business Overview - Dekoli, established on January 31, 2000, and listed on August 9, 2022, specializes in the research, production, and sales of optical transceiver modules, optical amplifiers, and optical transmission subsystems. Its products are primarily used in key national development areas such as communication trunk transmission and 5G applications [2]. - The company's revenue composition is 75.33% from transmission-related products, 23.54% from access and data products, and 1.13% from other sources [2].

Group 1 - The CPO concept stocks in the A-share market have declined, with notable drops in several companies [1] - Robotech has fallen over 6%, while Lantech and Shijia Photon have decreased by more than 5% [1] - Dekoli has dropped nearly 5%, and other companies like Changxin Bochuang, Jingwang Electronics, Juguang Technology, and Huamao Technology have seen declines of over 3% [1]

Summary of Key Points Core Viewpoint - On December 25, a total of 15 stocks from the Sci-Tech Innovation Board (STAR Market) experienced block trading, with a cumulative transaction amount of 287 million yuan and a total trading volume of 4.1073 million shares [1]. Group 1: Trading Overview - The stock with the highest transaction amount was Tuojing Technology, with a trading volume of 310,000 shares and a transaction amount of 108 million yuan [1]. - Other notable transactions included Laplace and Haiguang Information, with transaction amounts of 60.86 million yuan and 42.79 million yuan, respectively [1]. - All stocks involved in block trading were sold at a discount, with the highest discount rates observed in Hechuan Technology, Times Electric, and Guoxin Technology, at 25.79%, 20.15%, and 18.89% respectively [1]. Group 2: Price Performance - The STAR 50 Index fell by 0.23% on the same day, while 439 stocks (73.41%) on the STAR Market saw an increase [1]. - The average increase for stocks involved in block trading was 2.25%, with the largest gains seen in Aerospace Software, Guobo Electronics, and Hechuan Technology, which rose by 10.46%, 8.67%, and 7.86% respectively [1]. - Conversely, the largest declines were recorded by Canxin Co., Dekeli, and Huaguang New Materials, with decreases of 1.95%, 1.81%, and 0.87% respectively [1]. Group 3: Institutional Participation - Among the block trades, there were 5 transactions involving institutional buyers or sellers, with the highest buying amounts in Tuojing Technology, Haiguang Information, and Dekeli, at 108 million yuan, 21.384 million yuan, and 13.2 million yuan respectively [2]. - The leading selling amount was from Guobo Electronics, totaling 3.5615 million yuan [2]. - In terms of capital flow, 7 stocks experienced net inflows, with Haiguang Information, Dekeli, and Guobo Electronics leading with net inflows of 170 million yuan, 39.3281 million yuan, and 28.2074 million yuan respectively [2].

进一步统计，近3个月内该股累计发生53笔大宗交易，合计成交金额为2.17亿元。 证券时报·数据宝统计显示，德科立今日收盘价为152.80元，下跌1.81%，日换手率为9.14%，成交额为 22.23亿元，全天主力资金净流入3932.81万元，近5日该股累计下跌5.75%，近5日资金合计净流入3.67亿 元。 12月25日德科立大宗交易一览 德科立12月25日大宗交易平台出现一笔成交，成交量10.00万股，成交金额1320.00万元，大宗交易成交 价为132.00元，相对今日收盘价折价13.61%。该笔交易的买方营业部为机构专用，卖方营业部为国泰海 通证券股份有限公司无锡湖滨路证券营业部。 两融数据显示，该股最新融资余额为11.22亿元，近5日增加1.17亿元，增幅为11.66%。 据天眼查APP显示，无锡市德科立光电子技术股份有限公司成立于2000年01月31日，注册资本 15828.5329万人民币。（数据宝） | 成交量 | 成交金额 | 成交价格 | 相对当日收盘折溢 | 买方营 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | （万股） | （万元） ...