一、 日常关联交易基本情况及审议程序 （一）日常关联交易履行的审议程序 2025年12月24日，公司召开第八届董事会第二十四次会议、第八届董事会审 核委员会第二十次会议、2025年第三次独立董事专门会议，审议通过了《关于预 证券代码：601728 证券简称：中国电信 公告编号：2025-038 中国电信股份有限公司 关于预计与中国铁塔股份有限公司 2026 年度关联交易金额上限的公告 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。 重要内容提示： 2025 年度公司实际与中国铁塔发生的日常关联交易的预计和执行情况如下： （三）本次日常关联交易预计金额和类别 公司董事会审核委员会认为：该等关联交易均符合公司发展需要，关联交易 协议遵循公开、公允、公正的原则，均按一般商业条款或更佳条款订立，相关建 议年度上限公平、合理，符合公司及其股东的整体利益。审核委员会一致同意提 交公司董事会审议。 公司独立董事专门会议认为：该等关联交易符合公司发展需要，关联交易协 议遵循公开、公允、公正的原则，均按一般商业条款或更佳条款订立，相关建议 年度 ...

证券代码：601728 证券简称：中国电信 公告编号：2025-039 中国电信股份有限公司 关于变更签字注册会计师的公告 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。 中国电信股份有限公司（以下简称"公司"）于 2025 年 3 月 25 日 召开了第八届董事会第十八次会议，审议通过了《关于 2024 年度外部 审计师审计工作表现评价及 2025 年度外部审计师聘用的议案》，批准 建议聘任毕马威华振会计师事务所（特殊普通合伙）（以下简称"毕马 威华振"）和毕马威会计师事务所为公司 2025 年度外部审计师，该事 项已经公司 2024 年年度股东大会审议通过。具体内容详见公司分别于 于 2025 年 3 月 26 日、2025 年 5 月 22 日于上海证券交易所网站 （www.sse.com.cn）及指定媒体披露的《中国电信股份有限公司关于续 聘会计师事务所的公告》（公告编号：2025-010）、《中国电信股份有限 公司 2024 年年度股东大会、2025 年第一次 A 股类别股东会和 2025 年 第一次 H 股类别股东 ...

中国电信股份有限公司 第八届董事会第二十四次会议决议公告 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 12 月 24 日在北京西城区金融大街 31 号公司总部 618 会议室以现场方式召开 了第八届董事会第二十四次会议。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。本次会议应到董事 9 人，实到董事 8 人， 公司独立董事吕薇女士因工作原因无法出席本次现场会议，委托公司 独立董事吴嘉宁先生在本次董事会上对会议议案行使表决权。会议由 董事长柯瑞文先生主持，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《关于外部审计师 2025 年度审计费用的议案》 证券代码：601728 证券简称：中国电信 公告编号：2025-037 特此公告。 根据公司 2024 年年度股东大会决议，公司继续聘任毕马威华振 会计师事务所（特殊普通合伙）及毕马威会计师事务所（以下合称"毕 马威"）作为公司 2025 年度外部审计 ...

截至发稿，中国电信市值为5939亿元。 每经头条（nbdtoutiao）——左手"欠款"右手"豪购"！杨陵江收购"国内酒庄第一股"，1919是否重启上 市？"吹太多牛都实现了，但千亿还没实现，我很着急" （记者 曾健辉） 每经AI快讯，中国电信（SH 601728，收盘价：6.49元）12月24日晚间发布公告称，公司第八届第二十 四次董事会会议于2025年12月24日在北京西城区金融大街31号公司总部618会议室以现场方式召开。会 议审议了《关于外部审计师2025年度审计费用的议案》等文件。 2024年1至12月份，中国电信的营业收入构成为：电信业占比100.0%。 ...

Core Insights - The overall shareholding ratio of southbound funds in Hong Kong Stock Connect stocks is 19.37%, with 250 stocks having a shareholding ratio exceeding 20% [1] - Southbound funds hold a total of 4,927.94 million shares, accounting for 19.37% of the total share capital of the stocks, with a market value of 61,492.48 billion HKD, representing 14.62% of the total market value [1] - The stocks with the highest shareholding ratios by southbound funds are China Telecom (71.99%), Gree Power (70.09%), and China Resources Power (68.82%) [1] Group 1: Shareholding Distribution - 250 stocks have a shareholding ratio of over 20%, 128 stocks have a ratio between 10% and 20%, 94 stocks between 5% and 10%, 82 stocks between 1% and 5%, and 25 stocks below 1% [1] - Among the stocks with over 20% shareholding by southbound funds, 128 are AH concept stocks, making up 51.20% of that group [1] Group 2: Industry Concentration - The stocks with over 20% shareholding by southbound funds are primarily concentrated in the healthcare, industrial, and financial sectors, with 57, 36, and 34 stocks respectively [2] - The top stocks by shareholding ratio include: - China Telecom: 999,044.23 thousand shares, 71.99% of issued shares, closing price 5.550 HKD, daily change -0.18% [2] - Gree Power: 28,345.30 thousand shares, 70.09%, closing price 5.310 HKD, daily change +1.34% [2] - China Resources Power: 36,728.40 thousand shares, 68.82%, closing price 3.370 HKD, daily change -3.44% [2]

Group 1 - The core viewpoint of the news is that China Telecom's stock experienced a decline of 1.20% on December 23, with a trading volume of 946 million yuan, indicating a notable market activity [1] - On December 23, China Telecom had a financing buy-in amount of 91.14 million yuan and a net financing buy of 30.69 million yuan, with a total financing and securities balance of 848 million yuan [1] - The financing balance of China Telecom is 847 million yuan, which accounts for 0.17% of its market capitalization, indicating a high level compared to the past year [1] Group 2 - China Telecom, established on September 10, 2002, primarily engages in telecommunications and related services, with a revenue composition of 39.56% from mobile communication services and 27.78% from industrial digital services [2] - As of September 30, 2025, China Telecom reported a revenue of 394.27 billion yuan, reflecting a year-on-year growth of 0.59%, and a net profit of 30.77 billion yuan, with a growth of 5.03% [2] - The company has distributed a total of 95.19 billion yuan in dividends since its A-share listing, with 68.65 billion yuan distributed over the past three years [3]

智通财经APP获悉，根据2025年12月23日披露数据，中国电信（00728）、绿色动力环保（01330）、大 眾公用（01635）位居港股通持股比例前3位，分别为71.99%、70.09%、68.82%。此外，小米集团－Ｗ （01810）、腾讯控股（00700）、阿里巴巴－W（09988）在最近有统计数据的5个交易日内，持股额增 幅最大，分别为+20.16亿元、+16.55亿元、+14.46亿元;中国移动（00941）、盈富基金（02800）、中国 财险（02328）在最近有统计数据的5个交易日内，持股额减幅最大，分别为-27.51亿元、-13.48亿 元、-6.40亿元。 具体数据如下（交易所数据根据T+2日结算）： 1、港股通最新持股比例排行（前20名） | 公司名称 | 持股数量 | 最新持股比例 | | --- | --- | --- | | 中国电信(00728) | 99.90亿股 | 71.99% | | 绿色动力环保(01330) | 2.83亿股 | 70.09% | | 大眾公用(01635) | 3.67亿股 | 68.82% | | 凯盛新能(01108) | 1.70亿股 | 67 ...

Core Viewpoint - The articles emphasize the importance of establishing a data payment mechanism to activate the value of high-quality data, which is crucial for the development of artificial intelligence and the overall digital economy in China [1][2][3]. Group 1: Data Payment Mechanism - The establishment of a data payment mechanism is essential for addressing the core bottlenecks in the marketization of data elements and ensuring a continuous supply of high-quality data [2][3]. - A clear and reasonable payment mechanism serves as a "market benchmark" for data value, guiding efficient resource allocation by reflecting the true demand and value of data across different industries and applications [3][4]. - The payment mechanism is vital for solidifying the foundation of the artificial intelligence industry and mitigating security risks by incentivizing the production of high-quality data [3][4]. Group 2: Building a New Data Payment Ecosystem - A new data payment ecosystem should be constructed around three core aspects: quantifying value, ensuring circulation, and incentivizing application [4][5]. - A dynamic pricing mechanism based on scientific assessment and contribution recognition should be established, including a quality certification system and innovative pricing models [4][5]. - A secure circulation system supported by trustworthy data infrastructure is necessary to facilitate data transactions, including the establishment of a national-level secure circulation platform [5]. - The cultivation of application scenarios that demonstrate the tangible benefits of data is crucial for realizing data value, which includes creating benchmark projects and encouraging enterprises to manage data as core assets [5].

人民财讯12月23日电，企查查APP显示，近日，湖北省新型互联网交换中心有限责任公司成立，注册资 本1亿元，经营范围包含：互联网数据服务；数据处理服务；计算机软硬件及辅助设备批发；计算机软 硬件及辅助设备零售等。企查查股权穿透显示，该公司由中国电信全资子公司天翼资本控股有限公司、 湖北大数据集团有限公司、烽火通信、湖北广电共同持股。 转自：证券时报 ...

Core Insights - The top three companies by Hong Kong Stock Connect holding ratios are China Telecom (71.95%), Gree Power (70.09%), and Da Zhong Public Utilities (69.09%) [1] - Xiaomi Group-W, Meituan-W, and Ping An of China saw the largest increases in holding amounts over the last five trading days, with increases of +2.547 billion, +1.476 billion, and +0.872 billion respectively [1] - China Mobile, Tracker Fund of Hong Kong, and China Petroleum experienced the largest decreases in holding amounts, with reductions of -2.183 billion, -1.341 billion, and -0.814 billion respectively [1] Group 1: Top Holding Ratios - China Telecom (00728) holds 9.985 billion shares, representing 71.95% [1] - Gree Power (01330) holds 0.283 billion shares, representing 70.09% [1] - Da Zhong Public Utilities (01635) holds 0.369 billion shares, representing 69.09% [1] - Other notable companies include Kai Sheng New Energy (67.96%) and Tianjin Chuangye Environmental Protection (67.34%) [1] Group 2: Recent Increases in Holdings - Xiaomi Group-W (01810) saw an increase of +2.547 billion, with a change of +63.9958 million shares [1] - Meituan-W (03690) increased by +1.476 billion, with a change of +14.3595 million shares [1] - Ping An of China (02318) increased by +0.872 billion, with a change of +13.3612 million shares [1] - Other companies with significant increases include Southern Hengtong Technology (+0.808 billion) and Changfei Optical Fiber (+0.796 billion) [1] Group 3: Recent Decreases in Holdings - China Mobile (00941) decreased by -2.183 billion, with a change of -26.0847 million shares [3] - Tracker Fund of Hong Kong (02800) decreased by -1.341 billion, with a change of -51.5610 million shares [3] - China Petroleum (00857) decreased by -0.814 billion, with a change of -100.7797 million shares [3] - Other companies with notable decreases include China Pacific Insurance (-0.725 billion) and CNOOC (-0.599 billion) [3]