A list of 6G concept stocks that have received the most institutional research since the second half of the year.

Recently, at the 2025 China Information and Communication Conference and the Academic Annual Meeting of the China Institute of Communications, the China Mobile officially released the "China Mobile 6G Transmission Technology White Paper" and the "China Mobile 6G Transmission System Prototype 1.0". According to Securities Times Data Bao statistics, there are a total of 34 6G concept stocks in the A-share market, with an average increase of 8.15% since December. Zenray Technology, Tongyu Communication, and Zhenyou Technology have the highest cumulative increases, with increases of 61.18%, 34.61%, and 33.65% respectively. Financial report data shows that 6G concept stocks are actively conducting technology research and development, with 8 stocks having research and development expenses accounting for over 10% of their operating income in the first three quarters of this year. Zenray Technology, Zhenyou Technology, and Haige Communication are in the lead, with ratios reaching 32.12%, 23.81%, and 21.85% respectively. Since the second half of this year, 6G concept stocks have received high attention from institutions, with 12 stocks being researched by 10 or more institutions. Move Far Communication, Tongyu Communication, and Jingwang Electronic have the highest number of institutions conducting research, with 267, 191, and 98 institutions respectively.