{
  "version": "2.1",
  "research_date": "2026-08-18",
  "page_scope": "industry_map_with_stock_importance",
  "importance_coverage": {"described": 97, "total": 97, "display": "inline_in_industry_tables"},
  "evidence_policy": "exchange_or_company_primary_first; obsidian_for_leads_and_cross_check",
  "counts": {"total_unique": 97, "core": 43, "core_observation": 12, "related": 16, "verification": 17, "historical": 9},
  "classification": {
    "domestic_compute_core": ["寒武纪","海光信息","中科曙光","浪潮信息","锐捷网络","盛科通信","紫光股份","澜起科技","华大九天","利通电子","润泽科技","东阳光"],
    "ai_supply_tightness_core": ["工业富联","长鑫科技","长电科技","深南电路","胜宏科技","生益电子","生益科技","沪电股份","中船特气","雅克科技","江丰电子","安集科技","鼎龙股份","华润微","中芯国际","华虹公司"],
    "next_generation_core": ["中际旭创","新易盛","天孚通信","仕佳光子","中石科技","天通股份","光迅科技","联特科技","瑞可达","杰普特","华丰科技","光库科技","罗博特科","联讯仪器","太辰光"],
    "core_observation": ["英维克","宏和科技","概伦电子","源杰科技","航天电器","光环新网","奥飞数据","数据港","协创数据","长光华芯","长盈通","东田微"],
    "related": ["华正新材","飞凯材料","通富微电","华天科技","新洁能","杰华特","芯朋微","仙鹤股份","TCL中环","潍柴动力","杰瑞股份","兆易创新","北京君正","东芯股份","江波龙","佰维存储"],
    "verification": ["富信科技","旭光电子","华特气体","中巨芯-U","铜冠铜箔","风华高科","福达合金","索辰科技","泰金新能","世名科技","兴业科技","大位科技","宏景科技","润建股份","九州一轨","博众精工","凯格精机"],
    "historical": ["利和兴","昀冢科技","宝鼎科技","聚石化学","莱伯泰科","爱迪特","有研硅","唯特偶","金安国纪"]
  },
  "industry_map": [
    {"mainline":"国产算力","segment":"AI训练/推理芯片","logic":"国产算力替代与智算需求放量","stocks":"寒武纪、海光信息","evidence":"公告＋Obsidian"},
    {"mainline":"国产算力","segment":"AI服务器/超节点","logic":"本土AI芯片适配，服务器与智算系统交付","stocks":"中科曙光、浪潮信息","evidence":"公告＋局部Obsidian"},
    {"mainline":"国产算力","segment":"交换芯片/交换机整机","logic":"AI集群带宽升级与400G/800G网络建设","stocks":"盛科通信、锐捷网络、紫光股份","evidence":"公告＋Obsidian"},
    {"mainline":"国产算力","segment":"内存互连/CXL","logic":"DDR5渗透与AI服务器内存带宽升级","stocks":"澜起科技","evidence":"公司年报"},
    {"mainline":"国产算力","segment":"国产EDA/IP","logic":"半导体设计工具与IP自主可控","stocks":"华大九天；观察：概伦电子","evidence":"公告核验，收入纯度跟踪"},
    {"mainline":"国产算力","segment":"AIDC资产运营","logic":"AI机柜功率密度与算力基础设施需求提升；区分成熟IDC与高功率AIDC兑现","stocks":"润泽科技、东阳光；观察：光环新网、奥飞数据、数据港；验证：大位科技","evidence":"年报＋收购公告；上架率、资本开支与回款跟踪"},
    {"mainline":"国产算力","segment":"算力租赁/服务","logic":"从算力设备、集群部署到云算力交付；区分自有直租、转租与项目集成收入","stocks":"利通电子；观察：协创数据；验证：宏景科技、润建股份","evidence":"年报核验，收入模式与客户集中度跟踪"},
    {"mainline":"AI供需紧张","segment":"AI服务器制造","logic":"全球云厂商AI服务器与高速交换机订单放量","stocks":"工业富联","evidence":"公司披露"},
    {"mainline":"AI供需紧张","segment":"国产DRAM/存储芯片","logic":"AI服务器与端侧AI推升存储容量和带宽需求；长鑫补齐国产DRAM设计制造一体化核心，DRAM不等于HBM","stocks":"长鑫科技；观察：兆易创新、北京君正、东芯股份、江波龙、佰维存储","evidence":"上市公告＋公司年报；HBM规模量产待核验"},
    {"mainline":"AI供需紧张","segment":"先进封装","logic":"Chiplet/HBM提升封装复杂度与先进产能需求","stocks":"长电科技；观察：通富微电、华天科技","evidence":"公司年报"},
    {"mainline":"AI供需紧张","segment":"高速PCB","logic":"AI服务器与800G交换机推动层数、阶数和价值量提升","stocks":"深南电路、沪电股份、胜宏科技、生益电子","evidence":"公告＋Obsidian"},
    {"mainline":"AI供需紧张","segment":"高速CCL/覆铜板","logic":"M9等高频高速材料国产替代与产品升级","stocks":"生益科技；观察：华正新材","evidence":"年报＋Obsidian"},
    {"mainline":"AI供需紧张","segment":"ABF/CBF积层绝缘膜","logic":"海外供应集中、认证周期长；限供说法未获官方确认","stocks":"华正新材（CBF，客户认证期）","evidence":"产品已核验，缺货催化待证"},
    {"mainline":"AI供需紧张","segment":"高端电子布","logic":"低介电、低损耗电子布国产替代","stocks":"宏和科技","evidence":"交易所＋Obsidian"},
    {"mainline":"AI供需紧张","segment":"电子特气/前驱体","logic":"先进制程扩产与国产替代","stocks":"中船特气、雅克科技；验证：华特气体、中巨芯-U","evidence":"公告核验，分产品跟踪"},
    {"mainline":"AI供需紧张","segment":"靶材/CMP材料","logic":"晶圆扩产提高靶材、抛光液和抛光垫需求","stocks":"江丰电子、安集科技、鼎龙股份","evidence":"公司年报"},
    {"mainline":"AI供需紧张","segment":"晶圆制造/功率半导体","logic":"成熟与特色工艺高利用率，AI电源需求提升","stocks":"中芯国际、华虹公司、华润微；观察：新洁能","evidence":"公告＋Obsidian"},
    {"mainline":"AI供需紧张","segment":"DrMOS/电源管理","logic":"AI服务器功率密度提升增加电源管理器件用量","stocks":"杰华特、芯朋微","evidence":"产品相关，AI收入待拆"},
    {"mainline":"AI供需紧张","segment":"数据中心电力","logic":"AIDC建设推升气发、内燃机与分布式供电需求","stocks":"潍柴动力、杰瑞股份","evidence":"订单/场景继续核验"},
    {"mainline":"下一代技术","segment":"800G/1.6T光模块","logic":"800G放量并向1.6T迁移","stocks":"中际旭创、新易盛、光迅科技、联特科技","evidence":"公告＋Obsidian"},
    {"mainline":"下一代技术","segment":"NPO/CPO-CW外置光源与光芯片","logic":"外置激光光源与高功率CW DFB支撑硅光引擎和高通道互连","stocks":"仕佳光子；观察：源杰科技、长光华芯","evidence":"仕佳产品已披露；源杰、长光客户与收入纯度继续核验"},
    {"mainline":"下一代技术","segment":"NPO/CPO-FAU/MT-FA/保偏阵列","logic":"通道密度提升使FAU、MT-FA和保偏光纤阵列成为精密耦合核心部件","stocks":"天孚通信、仕佳光子、光库科技、杰普特；观察：长盈通","evidence":"产品披露；长盈通送样验证且相关收入不足1%"},
    {"mainline":"下一代技术","segment":"NPO/CPO-Shuffle/MPO高密度连接","logic":"光纤路由重排和多芯连接随端口通道数增长而提高价值量","stocks":"太辰光","evidence":"MPO规模产销、光柔性板批量出货；CPO方案联合开发"},
    {"mainline":"下一代技术","segment":"NPO/CPO-PIC晶圆切割加工","logic":"硅光晶圆从制造进入封装前需要高精度隐形切割、减薄和分选","stocks":"验证：九州一轨","evidence":"全资子公司晶禧已有小规模收入；6.3亿元扩产处前期筹备，非设备销售"},
    {"mainline":"下一代技术","segment":"NPO/CPO-耦合与封装设备","logic":"硅光/CPO量产对贴装、耦合精度、良率和自动化提出更高要求","stocks":"罗博特科；验证：博众精工、凯格精机","evidence":"罗博特科已有CPO设备验证及批量订单；其余以光模块设备交付为主"},
    {"mainline":"下一代技术","segment":"NPO/CPO-光芯片与硅光测试","logic":"晶圆、KGD、光芯片及光模块测试决定量产良率与交付效率","stocks":"联讯仪器；观察：东田微","evidence":"联讯覆盖光模块至硅光晶圆测试；东田微CPO仍为研发储备"},
    {"mainline":"下一代技术","segment":"高速连接器","logic":"AI服务器、交换机与液冷系统提升高速铜互连、背板及高速线模组需求","stocks":"华丰科技、瑞可达；观察：航天电器","evidence":"公司年报；瑞可达不以未核验FAU份额作为依据"},
    {"mainline":"下一代技术","segment":"薄膜铌酸锂","logic":"高速调制器潜在路线，商业兑现仍需跟踪","stocks":"天通股份","evidence":"收入待证"},
    {"mainline":"下一代技术","segment":"散热/液冷","logic":"芯片与机柜功率密度提升","stocks":"中石科技；观察：英维克、富信科技","evidence":"公告＋局部Obsidian"},
    {"mainline":"下一代技术","segment":"磷化铟衬底","logic":"高速光器件上游材料，A股映射处小体量验证","stocks":"兴业科技","evidence":"已签收购协议，AI客户映射待证"}
  ],
  "contradictions": [
    {"topic":"华正新材与ABF","obsidian_claim":"华正有ABF膜产能并通过部分客户验证","primary_evidence":"公司正式称CBF积层绝缘膜；CPU/GPU与IC载板客户处验证，部分产品小批量交付","resolution":"列入ABF国产替代方向，但标为CBF客户认证期，不称味之素ABF原厂膜或全面量产"},
    {"topic":"日本限制ABF出口/大陆减量30%","obsidian_claim":"味之素对大陆减量或配额收紧","primary_evidence":"未找到日本政府或味之素正式公告","resolution":"待证真，不作为事实催化"},
    {"topic":"九州一轨与PIC切割","obsidian_claim":"截图将九州一轨列为PIC切割","primary_evidence":"2026年6月完成收购晶禧半导体100%股权并并表；晶禧已有硅光芯片激光隐形切割业务","resolution":"映射成立，但标为并购取得的加工服务，不写成九州一轨原主营或切割设备制造"},
    {"topic":"长盈通CPO规模化","obsidian_claim":"截图/市场将其作为CPO核心","primary_evidence":"公司2026年6月公告称器件保偏光纤收入不足1%、订单较少、尚未规模应用于CPO","resolution":"由核心降为核心观察，阶段为客户认证期"},
    {"topic":"光迅股份/德东光","obsidian_claim":"截图使用光迅股份和德东光","primary_evidence":"A股正式简称为光迅科技；未找到德东光对应的A股正式简称","resolution":"统一写光迅科技；德东光在身份确认前不纳入"},
    {"topic":"鹏鼎控股M-Cell及长芯博创Shuffle","obsidian_claim":"截图分别映射M-Cell与Shuffle","primary_evidence":"公司公开材料未形成对应NPO/CPO产品与规模收入的充分证据","resolution":"本轮不纳入NPO/CPO模块，等待产品、客户或收入证据"}
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    "https://static.cninfo.com.cn/finalpage/2026-03-24/1225026470.PDF",
    "https://www.sse.com.cn/disclosure/announcement/listing/ipo/c/c_20260724_10826610.shtml",
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    "https://static.cninfo.com.cn/finalpage/2026-03-28/1225045085.PDF",
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    "https://dataclouds.cninfo.com.cn/shgonggao/hsomarket/2026/20260414/d07822e827b34e85980072a1bd145cd0.PDF",
    "https://static.cninfo.com.cn/finalpage/2026-03-31/1225054265.PDF",
    "https://static.cninfo.com.cn/finalpage/2026-04-10/1225090821.PDF",
    "https://static.cninfo.com.cn/finalpage/2026-04-10/1225090784.PDF",
    "https://big5.sse.com.cn/site/cht/www.sse.com.cn/disclosure/listedinfo/announcement/c/new/2026-04-18/603881_20260418_YP0B.pdf",
    "https://big5.sse.com.cn/site/cht/www.sse.com.cn/disclosure/listedinfo/announcement/c/new/2026-04-22/600589_20260422_NSGK.pdf",
    "https://static.cninfo.com.cn/finalpage/2026-04-27/1225195098.PDF",
    "https://static.cninfo.com.cn/finalpage/2026-04-01/1225070311.PDF",
    "https://static.cninfo.com.cn/finalpage/2026-03-31/1225059372.PDF",
    "https://dataclouds.cninfo.com.cn/sjother/documents/2025/20250815/4a95ab6a274e40dba7eb32087fe2408b.pdf",
    "https://static.cninfo.com.cn/finalpage/2025-08-15/1224487631.PDF",
    "https://static.cninfo.com.cn/finalpage/2026-04-18/1225123248.PDF",
    "https://paper.cnstock.com/html/2026-06/11/content_2230143.htm",
    "https://vip.stock.finance.sina.com.cn/corp/view/vCB_AllBulletinDetail.php?id=12466080",
    "https://www.bozhon.com/upload/file/2025%E5%B9%B4%E5%8D%8A%E5%B9%B4%E5%BA%A6%E6%8A%A5%E5%91%8A.pdf",
    "https://pdf.dfcfw.com/pdf/H2_AN202605071822035651_1.pdf",
    "https://dataclouds.cninfo.com.cn/shgonggao/hsomarket/2026/20260327/e67ce100b4dd41fca62312c3acbbcd4a.PDF",
    "https://dataclouds.cninfo.com.cn/shgonggao/hsomarket/2026/20260622/715837fc824c4640a84f03e438670ad0.PDF"
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