证券代码：601728 证券简称：中国电信 公告编号：2025-018 中国电信股份有限公司 第八届董事会第二十次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会召开情况 中国电信股份有限公司（以下称"公司"）于 2025 年 5 月 16 日 以通讯方式召开了第八届董事会第二十次会议。本次董事会的会议通 知及资料已于会前发送给公司全体董事。会议应到董事 9 人，实到董 事 9 人，会议由董事长柯瑞文先生主持，本次会议的召开及其程序符 合有关法律、法规和《公司章程》的规定。 二、董事会审议情况 （一）批准《关于聘任公司总裁兼首席运营官的议案》 2025年5月16日，公司召开第八届董事会提名委员会第六次会议， 公司董事会提名委员会同意该议案，并同意将该议案提交公司董事会 审议。 具 体 内 容 详 见 公 司 同 日 披 露 于 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）及指定媒体的《中国电信股份有限公司关于聘任公 司总裁兼首席运营官的公告》（公告编号：2025-019）。 20 ...

效率提升6倍！ 茂名高州无人机 运输荔枝首飞成 功_南方+_南方 plus 5月15日上午， 由高州市农业农 村局主办，中国 电信高州分公司 承办，平山镇党 委、平山镇人民 政府和市融媒体 中心协办的"智 飞优果 创新未 来"高州低空无 人机运输荔枝首 飞仪式在平山镇 仁耀垌村成功举 行。满载荔枝的 农用无人机从山 头果园腾空而 起，沿着预定航 线精准飞抵冷链 中心，这标志着 荔枝运输正式迈 入"低空经济"新 赛道，为茂名高 州荔枝产业智能 化升级按下加速 键。 茂名高州运用无人机运输荔枝。 平山镇作为高州 荔枝核心产区之 一，其荔枝以果 头大、甜度高、 上市时间早等优 势常年抢占早熟 市场，但丘陵地 形导致传统运输 方式效率低、损 耗高，果品价格 易受影响。随着 科技的飞速发 展，低空经济领 域的无人机技术 展现出快速配 送、灵活路径选 择的独特优势。 精度定位系统的 无人机在北斗 +5G网络的支持 和飞行控制平台 的监控下，以厘 米级精度飞行至 1公里外的冷链 中心。抵达后， 工人们迅速卸 货、入库、预 冷、打包、发 车，确保荔枝果 品以最佳状态发 往全国市场。 "今天我们这个 活动用到的技 术，第一个就 ...

Summary of Guodun Quantum Conference Call Company Overview - **Company**: Guodun Quantum - **Industry**: Quantum Communication and Technology Key Points Financial Performance - In Q1 2025, Guodun Quantum reported revenue of approximately 20 million yuan, a year-on-year increase of 100% [2][4] - The company expects a total revenue growth of about 30% for the year 2025, reaching over 300 million yuan [3][24] - The main revenue source in 2024 was quantum secure communication, contributing around 250 million yuan, accounting for over 60% of total revenue [3] Strategic Partnerships - Guodun Quantum has formed a deep integration with China Telecom, focusing on application development and market promotion, while Guodun concentrates on core equipment and next-generation technology research [2][5] - China Telecom plans to build a nationwide quantum information security infrastructure, which is expected to contribute approximately 100 million yuan to Guodun's revenue in 2024, accounting for about 40% of total revenue [2][8] Market Position and Competitiveness - Guodun Quantum holds over 90% market share in the quantum secure communication sector, indicating strong competitiveness [2][8] - The company is also involved in quantum computing and precision measurement, with significant revenue from core equipment and related services [3][4] Future Outlook - Guodun Quantum anticipates steady growth in three main business areas: quantum security and information technology, high-end scientific instruments, and customized market demands driven by domestic substitution and technology upgrades [4][6] - The company is committed to product enhancement and core technology development, aiming for breakeven while providing better returns to investors [24] Technological Developments - The integration of Quantum Key Distribution (QKD) and Post-Quantum Cryptography (PQC) is seen as a significant future direction, with QKD providing a robust information security foundation [3][14] - Guodun Quantum is exploring opportunities in quantum computing, with a focus on high-end scientific instruments and potential applications in various industries [18][23] Industry Trends - The quantum communication market is expected to grow, with China Telecom's initiatives to promote quantum information and security technology in various sectors such as finance and government [7][8] - The company is also observing trends in international markets, noting that while the U.S. focuses on PQC, China is well-positioned to develop QKD as a foundational technology [12][13] Challenges and Considerations - Despite the optimistic outlook, Guodun Quantum acknowledges the uncertainties in the market and refrains from making overly optimistic projections for the next three to five years [25] - The company emphasizes the importance of maintaining independence and innovation while collaborating with China Telecom [5][10] Conclusion - Guodun Quantum is positioned for growth in the quantum technology sector, leveraging strategic partnerships and a strong market presence in quantum secure communication. The company is focused on technological advancements and expanding its revenue streams while navigating the complexities of the evolving market landscape.

Group 1 - The 15th National Games and the 12th National Paralympic Games are being supported by major telecommunications companies in China, including China Telecom, China Mobile, and China Unicom, to enhance digital and intelligent upgrades for the events [1][3] - China Telecom is investing over 150 million yuan in seven service projects, including the construction of a cloud data center and event internet services, to ensure high availability of event systems [2][3] - China Unicom is providing 150 million yuan in sponsorship for the construction of a command center and an information technology operations center, focusing on emergency support and network services for key venues [2][3] Group 2 - The collaboration among the three major telecom operators aims to improve digital service capabilities for the events, facilitating efficient operations and enhancing the spectator experience [3] - China Mobile is focusing on 5G network coverage and new technology applications to support the event, while also promoting integrated communication services in the Guangdong-Hong Kong-Macao Greater Bay Area [1][2] - Advanced technologies such as millimeter-wave sensing and AI will be utilized to enhance network stability and monitoring during the events, ensuring high-speed connectivity [2][3]

Core Viewpoint - Guangzhou Shanghang Information Technology Co., Ltd. (Shanghang Technology) has submitted a second round of inquiry response regarding its application for public stock issuance and listing on the Beijing Stock Exchange, highlighting its role as a one-stop service provider in the Internet Data Center (IDC) sector [1] Group 1: Business Overview - Shanghang Technology's main business includes IDC comprehensive services, cloud comprehensive services, and other services [1] - The company has a high customer concentration, with the top five customers accounting for 61.40%, 66.91%, 79.31%, and 78.95% of its main business revenue during the reporting period [1] Group 2: Customer Dependency - In the first half of 2024, the three major telecom operators (China Telecom, China Mobile, and China Unicom) contributed 49.13% of the sales revenue [2] - Shanghang Technology became a major customer of the three telecom operators in 2022, and there is a significant overlap between customers and suppliers, particularly in the Wuxi and Huailai regions [2] Group 3: Regulatory Inquiry - The Beijing Stock Exchange has requested Shanghang Technology to explain the commercial rationale behind the three telecom operators renting cabinets through the company rather than directly [3] - The company is also required to clarify the stability and sustainability of its cooperation with the three telecom operators and the overlap in procurement and sales of cabinets in similar regions [3] Group 4: Financial Performance - During the reporting period, Shanghang Technology's main business revenues were 453.36 million yuan, 485.77 million yuan, and 477.11 million yuan, with net profits of 66.35 million yuan, 70.58 million yuan, and 70.06 million yuan respectively [4] - The company is required to analyze the reasons for the decline in main business revenue and net profit in 2024, considering the operating environment of downstream internet enterprises and the competitive landscape of the IDC industry [4]

Core Points - The China Securities Index (CSI) Huaxia Economic Blue Chip Index increased by 0.84% to 8059.07 points with a trading volume of 260.673 billion yuan [1] - Over the past month, the CSI Huaxia Economic Blue Chip Index has risen by 2.42%, but it has decreased by 1.82% over the last three months and by 1.22% year-to-date [1] Index Composition - The index selects blue-chip securities with good financial fundamentals, with industry weights allocated based on their contribution to the national economy [1] - The top ten holdings in the index are: China Telecom (2.39%), Muyuan Foods (2.3%), China State Construction (2.24%), Wens Foodstuff Group (2.09%), China Merchants Bank (1.97%), China Duty Free Group (1.96%), Digital China (1.94%), China Railway (1.67%), Haida Group (1.59%), and COSCO Shipping Holdings (1.43%) [1] - The index is primarily composed of stocks from the Shanghai Stock Exchange (60.11%) and the Shenzhen Stock Exchange (39.89%) [1] Industry Breakdown - The industry composition of the index includes: Industrial (19.40%), Consumer Discretionary (16.55%), Information Technology (12.42%), Consumer Staples (10.43%), Materials (9.58%), Communication Services (9.08%), Financials (8.53%), Real Estate (4.64%), Health Care (3.86%), Utilities (2.88%), and Energy (2.61%) [2] - The index samples are adjusted semi-annually, with adjustments occurring on the next trading day after the second Friday of June and December [2] - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [2]

青岛联通整合全市无人机资源，打造"智慧低空"一体化共享平台。在青岛市南区、市北区、李沧区部署12个无人机机巢，通过专线实现数据实时回传与AI分 析。同时，整合无人机服务站点，形成全域覆盖的快速响应能力。项目运营期间，已执行了10000余架次的飞行任务，支撑啤酒节、樱花节等大型活动保 障，推动"空天地网"立体化管理，更带动了无人机产业链的协同发展。 5月11日-5月13日，山东省通信行业协会牵头召集山东联通、山东移动、山东电信等相关企业，共同举办了"5G扬帆 鲁领万兆"数智赋能山东新型工业化媒体 探访活动。活动期间，各方围绕5G-A技术在多领域的创新应用展开深入探讨与经验分享，为山东数字经济发展注入新动力。 近年来，信息通信业紧密围绕国家战略，积极推动数字技术与各行业深度融合，不断夯实数字基础设施建设，5G-A作为5G迈向6G的必由之路，在促进产业 升级、推动经济高质量发展方面发挥着愈发重要的作用。山东作为经济大省与制造业强省，在数字经济浪潮中勇立潮头，积极探索5G-A技术创新应用路 径。 为充分发挥青岛作为5G应用"扬帆"行动重点城市以及"5G+工业互联网"融合应用试点城市的引领示范效应，全面总结5G-A规模 ...

Investment Rating - The report does not explicitly provide an investment rating for the eSIM industry Core Insights - The eSIM technology represents a significant evolution in telecommunications, transitioning from traditional physical SIM cards to embedded SIMs, which are crucial for the Internet of Things (IoT) and 5G applications [7][8] - The report highlights the global adoption of eSIM technology, with various countries commercializing it and establishing a robust industrial ecosystem, while also addressing challenges in standardization and data security [7][8] Industry Development Overview - The report outlines the historical development of telecommunications cards, detailing the evolution from magnetic cards to IC cards, SIM, USIM, and finally to eSIM technology [15][20][22] - eSIM technology is characterized by its ability to support remote configuration and management, making it suitable for a wide range of applications in consumer electronics and IoT [23][49] Current Status of eSIM Industry Technical Standards - The GSMA has established a comprehensive standardization framework for eSIM technology, which is recognized by international organizations, facilitating its global interoperability and scalability [40][44] - The report notes that the CCSA and TAF are actively developing eSIM standards in China, aligning with international standards while promoting innovation [46][48] Application Areas - eSIM technology is increasingly utilized in consumer electronics, enabling seamless network switching for travelers and enhancing connectivity for remote work and e-commerce [49][50] - In the IoT sector, eSIM technology is gaining traction across various industries, including smart homes, healthcare, automotive, and energy management, due to its flexible configuration and efficient management capabilities [51][52] Market Size - In 2023, global eSIM chip shipments reached 446 million, with significant contributions from smartphones, tablets, and wearables [58][60] - The report forecasts that by 2025, approximately 1 billion eSIM-enabled smartphones will be connected globally, indicating a strong growth trajectory for the eSIM market [62] Industry Chain - The eSIM industry chain is well-established in the US and Europe, with key players in chip manufacturing, security certification, and product design leading the market [68]

Core Insights - Jianzhi Education Technology Group has partnered with China Telecom to integrate its educational platforms into China Telecom's cloud infrastructure, marking a significant advancement in digital education in China [1][3][5] Company Overview - Jianzhi Education Technology Group, established in 2011 and headquartered in Beijing, is a leading provider of digital educational content in China, focusing on high-quality professional development training resources [6] - The company has developed a comprehensive digital educational content database and offers a wide range of professional development products through its omni-channel sales system [6] Partnership Details - The collaboration aims to embed AI-generated content and digital human technologies into the learning experience, reshaping the future of education [2] - China Telecom, with over 425 million mobile subscribers and operating revenues of US$72.5 billion in 2024, provides significant infrastructure and technical support for the project [3] - The partnership will facilitate the development of new cloud-native applications and services tailored to the needs of learners and institutions across China [4] Strategic Implications - The integration with China Telecom's cloud center is seen as a milestone for Jianzhi, enhancing the speed, reliability, and reach of its digital education content [5] - This collaboration lays the groundwork for deeper technological cooperation, paving the way for future innovations in digital content distribution and educational infrastructure [5]

Group 1 - The communication index has shown a strong increase of 1.23%, with notable stocks such as Qiyu Technology reaching the daily limit increase and Cambridge Technology rising by 7.18% [1] - The communication ETF has seen a weekly increase of 5.11%, ranking first among comparable funds [1] - The trading volume of the communication ETF was 4.34%, with a transaction value of 4.74 million yuan [3] Group 2 - The communication ETF has experienced a significant growth in scale, increasing by 2.26 million yuan over the past two weeks, leading among comparable funds [3] - The ETF's share count has grown by 22 million shares in the last three months, also ranking first among comparable funds [3] - Zhongji Xuchuang, a leading company in optical communication, reported a revenue of 23.862 billion yuan for 2024, a year-on-year increase of 122.64%, and a net profit of 5.171 billion yuan, up 137.93% [3] Group 3 - The first quarter of 2025 saw Zhongji Xuchuang achieve a revenue of 6.674 billion yuan, a year-on-year increase of 37.82%, and a net profit of 1.583 billion yuan, up 56.83% [3] - Predictions indicate that global AI spending will reach 500 billion dollars in 2025, suggesting sustained high growth in revenue and profit for related companies [3] - Companies in the server and connector sectors are expected to perform well due to increased AI demand and capital expenditure growth from domestic and international internet firms [3] Group 4 - The top ten weighted stocks in the communication index account for 58.92% of the total, including major players like China Telecom, ZTE, and China Mobile [4] - Investors can access optical communication investment opportunities through the communication ETF linked fund [4]