Quantum Tech Concept Gains Momentum! This Company Hits Two Consecutive Limit-Ups

Deep News11-18

Boosted by policy support, technological breakthroughs, and industrial acceleration, the quantum technology sector is experiencing multiple positive catalysts. According to East Money data, as of midday on November 18, the quantum tech concept bucked the market trend, rising 0.25%. Among individual stocks, Geer Software (格尔软件) surged to a limit-up, marking its second consecutive trading day at the maximum gain ceiling.

Geer Software revealed that its security authentication gateway KOAL-NSAG has become China's first product to pass anti-quantum cryptography verification testing conducted by the Technology and Standards Research Institute of the China Academy of Information and Communications Technology.

The company's semi-annual report further indicated that its full line of cryptographic products has preliminarily achieved quantum-resistant capabilities, with multiple commercial cryptographic products passing authoritative third-party quantum-resistant validation tests. As post-quantum cryptography transitions from standardization to industrial application, Geer Software is actively deploying this technology across more products and scenarios, having completed pilot projects in the financial sector during the first half of this year.

Financially, Geer Software reported cumulative revenue of 235 million yuan in the first three quarters of 2023, with Q3 revenue reaching 120 million yuan—a 71.01% quarter-on-quarter increase.

At the industry level, China's quantum technology sector is gaining momentum through policy backing and technical advancements. The proposed 15th Five-Year Plan explicitly calls for forward-looking layout of future industries, exploring diversified technological pathways, application scenarios, viable business models, and regulatory frameworks to position quantum tech alongside biomanufacturing, hydrogen/nuclear fusion energy, brain-computer interfaces, embodied AI, and 6G as new economic growth drivers.

Recently, the superconducting quantum computer "Tianyan-287," equipped with the same chip as "Zuchongzhi-3," completed construction. This system demonstrates "quantum computational advantage," solving specific problems 450 million times faster than today's fastest supercomputer. It will soon connect to the "Tianyan" quantum cloud platform, marking China's first quantum computing cloud service with proven superiority to open globally—a milestone in practical quantum computing development.

CICC noted in a recent report that quantum computing, as a frontier of the new technological revolution, is rapidly transitioning from experimental validation to commercial application. With global tech giants advancing qubit scale and error correction, China has achieved multiple breakthroughs through prototypes like "Zuchongzhi" and "Jiuzhang." ICV forecasts the global quantum computing market will expand from $5 billion in 2024 to over $800 billion by 2035.

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