Core Insights - China Telecom reported a revenue of 394.27 billion yuan for the first three quarters of 2025, a year-on-year increase of 0.59% [1] - The net profit attributable to shareholders reached 30.773 billion yuan, up 5.03% year-on-year, with a basic earnings per share of 0.34 yuan [1] - The company is focusing on transforming into a service-oriented, technology-driven, and secure enterprise, emphasizing high-quality development [1] Financial Performance - Revenue for the first three quarters: 394.27 billion yuan, up 0.59% year-on-year [1] - Net profit: 30.773 billion yuan, up 5.03% year-on-year [1] - Non-recurring net profit: 28.697 billion yuan, up 0.04% year-on-year [1] - Basic earnings per share: 0.34 yuan [1] Business Development - The company is embracing artificial intelligence and accelerating its transformation towards cloud and digital services [1] - 5G network users reached 290 million, with a penetration rate of 66.9% [1] - Mobile internet traffic increased by 16.9% year-on-year, with a daily average usage (DOU) of 22.3 GB, up 11.4% [1] - Gigabit broadband user penetration rate is approximately 31.0% [1] Strategic Initiatives - The company has established an intelligent cloud system centered around its core technology "Xirang," providing integrated intelligent cloud services [2] - New strategic business segments are expanding, with IDC revenue reaching 27.5 billion yuan, up 9.1% year-on-year [2] - Security revenue increased to 12.6 billion yuan, up 12.4% year-on-year [2] - Intelligent revenue grew by 62.3%, while video internet revenue increased by 34.2% [2] - Satellite communication revenue rose by 23.5%, and quantum revenue surged by 134.6% [2]

Core Insights - China Telecom reported a revenue of 394.27 billion yuan for the first three quarters of 2025, a year-on-year increase of 0.59%, with a net profit of 30.77 billion yuan, up 5.03% [2] - In Q3, the revenue was 124.85 billion yuan, a decrease of 0.91% year-on-year, while net profit reached 7.76 billion yuan, an increase of 3.6% [2] - The company is embracing artificial intelligence and transitioning towards a service-oriented, technology-driven, and secure enterprise model, focusing on expanding strategic emerging business [2] Financial Performance - For the first three quarters, China Telecom's IDC revenue was 27.5 billion yuan, up 9.1%; security revenue was 12.6 billion yuan, up 12.4%; intelligent revenue grew by 62.3%; video internet revenue increased by 34.2%; satellite communication revenue rose by 23.5%; and quantum revenue surged by 134.6% [2] - In the first half of the year, quantum revenue increased by 171.1%, with over 6 million quantum communication users and services provided to more than 3,000 industry clients [2] Business Development - The company reported a steady development in its basic business, with 5G network users reaching 290 million, a penetration rate of 66.9%, and mobile internet traffic increasing by 16.9% year-on-year [3] - The average mobile internet usage (DOU) reached 22.3 GB, up 11.4%, while the penetration rate of gigabit broadband users was approximately 31.0% [3] Strategic Initiatives - China Telecom is focusing on its core technology "Xirang" to build an intelligent cloud system, providing integrated intelligent cloud services based on cloud-network integration [4] - The company aims to enhance its core functions and competitiveness through the implementation of the "cloud transformation to intelligent benefits" strategy, promoting the intelligent evolution of digital information infrastructure [4] Shareholder Changes - In Q3, there were changes in the holdings of the top ten shareholders, with Hong Kong Central Clearing (Agent) Co., Ltd. reducing its holdings by 27.948 million shares, now holding 13.821 billion shares (15.10% stake) [5] - China Life Insurance Co., Ltd. increased its holdings by 43.7649 million shares, now holding 1.14 billion shares (1.25% stake) [5]

Group 1: Financial Performance - China Telecom reported a net profit of RMB 30.8 billion for the first three quarters of 2025, representing a year-on-year increase of 5% [2] - Wanchen Group achieved a net profit of RMB 855 million for the first three quarters of 2025, showing a remarkable year-on-year growth of 917% [2] - New Qianglian's net profit for the first three quarters of 2025 reached RMB 664 million, marking a staggering year-on-year increase of 1940% [3] - Wens Foodstuff Group's net profit for the third quarter of 2025 was RMB 1.781 billion, reflecting a significant year-on-year decline of 65.02% [5] - Zhimi Intelligent reported a net profit of RMB 131 million for the first three quarters, with a year-on-year growth of 59.30% [8] Group 2: Revenue Growth - China Telecom's operating revenue for the first three quarters of 2025 was RMB 394.3 billion, a year-on-year increase of 0.6% [2] - Wanchen Group's operating revenue for the first three quarters of 2025 was RMB 36.562 billion, up 77.37% year-on-year [2] - New Qianglian's operating revenue for the first three quarters of 2025 was RMB 3.618 billion, reflecting an 84.1% year-on-year increase [3] Group 3: Strategic Developments - Chuangxin Data plans to procure servers from multiple suppliers for a total amount not exceeding RMB 4 billion, aimed at enhancing cloud computing services [4] - Huibo Yuntong's acquisition of Baode Computing equity has passed antitrust review, indicating progress in its strategic expansion [7]

Group 1: New Stock Offerings - Dana Biological is offering a new stock with a subscription code of 920009, an issue price of 17.10 yuan per share, and a subscription limit of 360,000 shares [1] Group 2: Economic and Trade Developments - The Ministry of Commerce held a roundtable with over 170 foreign enterprises, indicating a commitment to expand foreign investment and support high-quality development in China [2] - The Chinese government is emphasizing the need for equal and respectful negotiations in the ongoing US-China trade discussions, stating that trade wars do not benefit either side [2] Group 3: Industry Standards and Guidelines - The Ministry of Industry and Information Technology is soliciting opinions on a draft guideline for building a computing power standard system by 2027, aiming to revise over 50 standards and promote innovation and collaboration in technology [3] - Guangdong Province has launched an action plan to enhance the quality of manufacturing through artificial intelligence, focusing on various sectors and supporting the development of intelligent factories [4] - Zhejiang Province aims to cultivate 10 leading intelligent development platforms and 1,000 intelligent products by 2027, with a goal of achieving over 70% application rate of intelligent systems [5] Group 4: Consumer and Tourism Initiatives - Guizhou Province is enhancing its tourism sector by creating world-class destinations and improving the quality of existing attractions, while also promoting diverse tourism products [6] - Shanghai is encouraging the integration and upgrading of construction enterprises to foster new growth drivers in the industry [7] - Guangzhou is implementing measures to boost consumer spending and stabilize investor returns through various economic initiatives [7] Group 5: Company Performance Highlights - Pop Mart reported a year-on-year revenue increase of 245% to 250% in the third quarter [8] - Jin Gu shares have been selected for a low-carbon wheel project by a global leading automotive company [9] - China Telecom's net profit for the first three quarters increased by 5.03% year-on-year [9] - Shiyida's net profit surged by 471.34% in the third quarter [9] - Wanchen Group's net profit for the first three quarters increased by 917.04%, with a proposed dividend of 1.5 yuan per 10 shares [9] - Shengnong Development's net profit rose by 202.82% in the first three quarters, proposing a dividend of 3 yuan per 10 shares [9] - China National Materials Technology reported a 234.84% increase in net profit for the third quarter [9] - Grebo secured significant orders for lithium battery outdoor power equipment from a leading US home improvement retailer [9]

证券日报网讯 10月21日晚间，中国电信发布2025年第三季度报告称，2025年第三季度公司实现营业收 入124，848，239，618.79元，同比下降0.91%；归属于上市公司股东的净利润为7，756，277，170.07 元，同比增长3.60%。 （文章来源：证券日报） ...

中国电信（601728）(00728)公布，2025年第三季度，移动用户数为约4.37亿户，当季净增448万户。其 中，5G网络用户数约2.92亿，当季净增1039万户。有线宽带用户数约2亿，当季净增189万户。 ...

2025年前三季度，公司经营费用为人民币3,593亿元，同比增长0.3%，其中折旧及摊销为人民币779亿 元，同比增长4.4%，主要是公司加快新型数字信息基础设施建设，固定资产较上年同期有所增长;网络 运营及支撑成本为人民币1,149亿元，同比下降3.0%，主要塬因是公司通过AI赋能并结合业务发展情 况，加强成本精準管控，持续提升资源使用效率。人工成本为人民币752亿元，同比下降0.3%。 中国电信（601728）(00728)公布，2025年前三季度，公司经营收入为人民币3,970亿元，同比增长 0.6%，其中服务收入为人民币3,663亿元，同比增长0.9%。公司股东应占利润为人民币308亿元，同比增 长5.0%。每股基本净利润为人民币0.34元，EBITDA为人民币1,156亿元，同比增长4.2%，EBITDA率为 31.6%。 未来，公司将全面实施云改数转智惠战略，强化创新引领的基础业务和产数业务双轮驱动融合发展，深 入推进"人工智能+"行动，加快推动数字信息基础设施智能化演进升级，让智能红利更好惠及千行百业 和千家万户，不断增强核心功能、提升核心竞争力，加快建设世界一流企业，积极回馈广大股东。 公司坚 ...

公告显示，公司前三季度营业收入394,269,976,324.05元，同比增加0.59%，归属上市公司股东的净利润 30,773,321,357.40元，同比增加5.03%。 公告显示，十大流通股东中，广东省广晟控股集团有限公司－2024年面向专业投资者非公开发行可交换 公司债券(第一期)质押专户为新进流通股东。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 责任编辑：小浪快报 10月21日消息，中国电信发布三季度报告。 ...

中新社北京10月21日电 (记者陈康亮)中国A股上市公司中国电信股份有限公司(下称中国电信)21日发布 公告称，今年前三季度，公司实现营业收入约3942.7亿元(人民币，下同)，同比增长0.59%；实现归属于 上市公司股东的净利润约307.73亿元，同比增长5.03%。 关于公司经营情况，中国电信方面表示，2025年前三季度，公司抢抓新一轮科技革命和产业变革发展机 遇，全面拥抱人工智能，持续推动战略新兴业务规模拓展，公司经营业绩保持稳健。未来，公司将全面 实施"云改数转智惠"战略，深入推进"人工智能+"行动，加快推动数字信息基础设施智能化演进升级。 (完) （文章来源：中国新闻网） 公告还显示，今年第三季度，中国电信实现营业收入约1248.48亿元；实现归属于上市公司股东的净利 润约77.56亿元，同比增长3.6%。 ...

IT之家 10 月 21 日消息，中国电信今日发布 2025 年第三季度报告： 2025 年前三季度，中国电信营业成本为人民币 2,748 亿元，同比增长 0.1%；销售费用为人民币 389 亿元，同比下降 1.4%；管理费用 为人民币 271 亿元，同比增长 0.7%；研发费用为人民币 91 亿元，同比增长 4.4%，主要为公司持续深耕应用基础研究，聚焦网络、云 及云网融合、人工智能、量子 / 安全方向，加强关键核心技术攻关。 IT之家从公告获悉，2025 年前三季度，中国电信 5G 网络用户数达到 2.9 亿户，渗透率提升至 66.9%；手机上网总流量同比增长 16.9%；手机上网 DOU 达到 22.3GB，同比增长 11.4%；千兆宽带用户渗透率约 31.0%。 | 单位:万户 | 2025 年三季度 | | --- | --- | | 移动用户数 | 43, 719 | | 当季净增/减用户数 | 448 | | 其中:5G 网络用户数 | 29, 241 | | 当季净增/减用户数 | 1, 039 | | 有线宽带用户数 | 20, 049 | | 当季净增/减用户数 | 189 | 2025 ...