2025 年前三季度，A 股通信板块实现营收 19525.33 亿元，同比增长 3.22%；归母净利润增速快于收入增速，达 8.80%；综合毛利率为 28.90%，同比下滑 0.06pct；净利率 10.58%，同比提升 0.56pct。2025Q3，通信板块营收、净利润增速同环比均有所提升。

2025年三季度，基金重伧持股通信个股前20中，中际旭创、新易盛、天孚通信、中国移动等持有基金数量最多，新易盛、中际旭创、天孚通信、德科立、仕佳光子持股占流通股比重最大。中际旭创、新易盛、中兴通讯、天孚通信为三季度持仓股数增加量最多公司。

本周 A 股市场走势震荡，小微盘相对占优，中证 1000 领涨，周度收益达约 1.18%，而上周表现强势的科创 50 回调幅度居前；此外，防御性较强的中证红利指数亦出现小幅回调。 聚焦红利内细分板块来看，央国企红利系列占优，指数周度平均涨幅达约 0.59%，跑赢纯粹红利资产。策略表现上，本周攻守兼备红利 50 组合跑赢中证红利全收益，周度超额约 0.85%。

A non-mydriatic handheld fundus camera is a portable diagnostic device used to capture high-resolution images of the retina without the need for pupil dilation (mydriasis). It is commonly used by ophthalmologists and healthcare professionals for non-invasive retinal screenings, allowing for the early detection of eye diseases such as diabetic retinopathy, glaucoma, and age-related macular degeneration. The compact design of the camera makes it ideal for use in various healthcare settings, including hospitals, clinics, and ambulatory surgical centers.

A network interface card (NIC) is a hardware component that allows a computer to connect to a network. It is a circuit board installed in a computer that provides the computer with a dedicated network connection. It is sometimes referred to as a network interface controller, a network adapter, or a LAN adapter

A music synthesizer is an electronic musical instrument that generates audio signals to imitate traditional musical instruments such as piano, flute, vocals, and others. The electric signals in a synthesizer or synths are converted into sound with the help of amplifiers and speakers. These instruments are mostly played in conjunction with a keyboard. A synthesizer can also be controlled using musical instruments, such as guitars, sequencers, drums, and fingerboards.

A multi-functional printer (MFP) is a system that comprises the functionality of a printer, scanner, fax, and copier in a single system. Some MFPs do not have fax functionality, which is not considered a norm for MFPs, as it is no longer a popular mode of document exchange.

A mirrorless camera is a type of digital camera that does not require a reflex mirror to reflect images. Mirrorless cameras, therefore, do not have mirrors and optical viewfinders; instead, they use electronic viewfinders (EVF). These cameras are available with fixed lenses and interchangeable lens features. A mirrorless camera is generally smaller than a digital single-lens reflex (DSLR) camera. Mirrorless cameras are known in industry terms, such as compact system cameras (CSC), hybrid cameras, mirrorless interchangeable-lens cameras (MILC), and non-reflex cameras.

Military drones refer to unmanned aerial vehicles (UAVs) that are specifically used for military purposes such as border surveillance, battle damage management, combat operations, communication, delivery, and anti￾terrorism weaponry.

LED lighting is based on fixed light source installations, which deliver a practical or aesthetic lighting effect. The general lighting industry is moving toward energy-efficient lighting, leading to technological innovations in the market. LED lighting solutions provide advantages such as low voltage and current requirements, high reliability, low radiated heat, negligible emission of ultraviolet (UV) rays, and a longer lifespan than conventional lighting sources. As a result, the adoption and penetration of LEDs in the general lighting industry are rising.