On May 28th, the Changjiang Securities 2026 Mid term Strategy Conference @ Wuhan Optics Valley Capital, with the theme of "Following the Light to See the Far", officially kicked off at the China Optics Valley Technology Exhibition Center. This strategy will closely follow the central government's policy orientation of "using the capital market as a hub to build a supportive ecosystem for technological innovation", and take the lead in deeply integrating the industry finance exchange function of large securities firms' strategy meetings into the regional science and technology innovation ecosystem. With technology finance as the first of the "five major articles", it will comprehensively open up the two-way empowerment of capital market resources and regional science and technology innovation resources.

Accurately focusing on the hard technology track, with over 2000 closed door exchanges promoting deep links between industry and capital

The conference focuses precisely on hard technology tracks such as optoelectronic information, artificial intelligence, high-end manufacturing, and commercial aerospace. Prior to the meeting, a series of on-site investigations covering the eight key industrial sectors in Hubei Province were initiated. The research team went deep into industry leaders such as Huagong Technology, Di'er Laser, Gaode Infrared, and Aerospace Nanhu, and visited core research institutions such as Jiufengshan Laboratory and Donghu Laboratory, achieving full chain penetration from "optical core" hard technology to green energy, from emerging consumption to life and health, and from the industrial end to the capital end. During the conference, 13 themed sub venues and over 2000 closed door exchanges were held intensively, attracting more than 5000 clients to attend. Changjiang Securities relies on its industry-leading investment and research capabilities to promote the centralized aggregation, precise connection, and deep interaction of capital market resources and regional industrial resources in Optics Valley. It actively guides "patient capital" to accurately connect with regional scientific and technological innovation achievements, helps to break through financing bottlenecks for scientific and technological innovation enterprises, and promotes a virtuous cycle of "technology industry capital".

The insightful opinions of the guests in the main venue have sparked a resonance of ideas on site

In his opening speech, Liu Yuanrui, Deputy Secretary of the Party Committee and President of Changjiang Securities, started from the half century industrial accumulation of Optics Valley: from the birth of China's first practical optical fiber in Wuhan in the 1970s to the current annual output value of the optoelectronic information industry exceeding 660 billion yuan; From the rise of Wuhan's "Six Little Dragons" covering core tracks such as storage chips, optical communication, and infrared sensing, to the construction of the world's largest compound semiconductor pilot platform at Jiufengshan Laboratory and the national mission of Hanjiang National Laboratory to break through "bottleneck" technologies, the accumulated potential energy of the past five decades is now experiencing a concentrated outbreak. The speech further extended the vision to a larger scale of Chinese technology: Huawei's "Tao Law" broke through the chip blockade with original "logic folding" technology, "Jiuzhang No. 4" became the world's first large-scale programmable light quantum system, and Hefei's "Artificial Sun" broke the world record with stable operation at a high temperature of 100 million degrees Celsius - "These breakthroughs did not suddenly emerge, they were slowly built brick by brick, day by night, in the most difficult years.The speech follows the theme of "not the dazzling light of today, but the direction of light that has already been recognized in the darkness", integrating the perseverance of Optics Valley, the breakthrough of Chinese technology, and the investment philosophy of long termism into one, triggering strong resonance throughout the audience.

Cao Guangming, Deputy Director of the Investment Promotion Bureau of Donghu High tech Zone (in charge of the work), also mentioned in his speech that the GDP of Donghu High tech Zone (China Optics Valley) will exceed 336 billion yuan in 2025, ranking fourth in the national high-tech zone in terms of comprehensive strength. In the first quarter, the GDP growth rate was 13.2%, and the added value of large-scale industries increased by 38.5%, indicating a strong momentum for high-quality development. The entire region gathers 170000 enterprises and 72 listed companies, with the rise of the "Optics Valley Seven Stars" chain, forming a complete capital market echelon of "leading with billions, supported with 50 billion, and clustered with billions". The total market value of domestic and foreign listed companies exceeds 1.6 trillion yuan. Optics Valley anchors national strategic needs, deeply cultivates hard core technology, and builds a world-class industrial cluster that integrates optoelectronics, semiconductors, life and health, intelligent terminals, and digital economy. The optoelectronic information industry exceeds 660 billion yuan, and the global production capacity of fiber optic cables accounts for over 25%; The semiconductor industry is worth nearly 300 billion yuan, with over 10 wafer fabs under construction; Annual income from life and health is 220 billion yuan; The humanoid robot has built the largest and most diverse professional training platform in the country, and has landed the first humanoid robot 7S experience store in the country; The software industry is 260 billion yuan. In terms of innovative elements, 42 universities and 800000 college students have built a high-level science and technology innovation platform matrix of "1 national laboratory+8 large scientific facilities+13 national key laboratories".

The exchange of viewpoints among the guests in the conference venue is equally exciting.Wu Ge, Chief Economist of Changjiang SecuritiesIt is pointed out that supply shocks and demand fluctuations are intertwined in the current macroeconomy - given the multiple channels to fill the gap in crude oil supply and the reflexive impact of high oil prices on the US midterm elections, oil prices may have a "ceiling"; Although the valuation of AI technology is controversial, the demand for computing power and tokens shows a non-linear growth trend, while the global supply of electricity and other related resources is linear; Part of the domestic second-hand housing market is experiencing a "little spring", but resident loans indicate that endogenous driving forces such as housing and consumption are still bottoming out, and the seesaw effect of strong supply and weak demand is significant.

Tian Wenlin, Director of the Middle East Research Institute at the Regional and Country Studies Institute of Renmin University of ChinaIt is believed that the US Israel Iraq War has reached a maximum stalemate due to the dual blockade of the strait. Although it is close to reaching a ceasefire agreement due to huge consumption, it has triggered a serious global energy crisis; The conflict has shattered the myth of Gulf security, plunged Israel into difficulties, increased Iran's influence, and accelerated the decline of the United States in a dilemma; Compared to the severe impact on countries such as Japan, South Korea, and India, China's strong energy resilience and transition to clean energy have made risks overall controllable, and opportunities outweigh challenges in geopolitics,Driven by the expansion of RMB settlement for oil in the Middle East, the internationalization process of RMB has been historically accelerated.

Huang Min, Deputy General Manager of Lantu Automotive, believes that at this time when the performance and design of new energy vehicles are becoming more homogeneous and industry competition is entering the second half, Lantu proposes to use value AI、 Globalization Breakthrough: Leveraging the advantages of embodied intelligent race track, focusing on intelligent cockpit to create a warm third space, adhering to the safety bottom line and deeply cultivating the underlying driving logic with integrated intelligent driving. At the same time, based on the leading advantage of domestic industries, with intelligence and globalization as the core, we will help Chinese automobiles move from scale advantage to comprehensive upgrading of value, system, and global competitiveness.

Zhou Jun, Deputy General Manager of Wuhan Xinxin, stated that in the face of the contradiction between AI computing power demand and traditional physical limits, 3D integration and optoelectronic fusion technology have emerged. 3D integration shortens the data path through vertical stacking, breaking through the "storage wall" and "power consumption wall"; Optoelectronic fusion utilizes the advantages of low photon loss and high bandwidth to solve communication bottlenecks between chips. The two respectively reconstruct the cornerstone of computing power through internal collaboration and external interconnection, jointly promoting the comprehensive innovation of AI hardware architecture in the post Moore era.

Deeply cultivate Hubei and inject new momentum into regional development

At the critical window of research in the early stage of the 15th Five Year Plan, Hubei is accelerating its transition from a "thoroughfare of nine provinces" to a "highland of new quality productivity", and securities research is upgrading from a traditional intermediary role to a key link connecting industry and capital, local and global. Changjiang Securities conducts professional research to discover and transmit value, and deeply promotes Hubei's industrial upgrading vitality and regional investment potential to global investors, injecting sustained momentum into regional economic innovation and transformation.