本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B 條而作出。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲 明，並明確表示概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 China Telecom Corporation Limited 中国电信股份有限公司 （於中華人民共和國註冊成立之股份有限公司） （股份編號：728） 海外監管公告 中國電信股份有限公司關於召開 2025 年第三季度業績說明會的公告 兹載列中國電信股份有限公司（「本公司」）在上海證券交易所網站刊登的《中國電信股份有 限公司關於召開 2025 年第三季度業績說明會的公告》，僅供參考。 承董事會命 中國電信股份有限公司 董事長兼首席執行官 柯瑞文 中國北京，2025 年 12 月 19 日 於本公告刊發之日的本公司董事會包括柯瑞文（董事長兼首席執行官）；劉桂清（總裁兼首席 運營官）；唐珂、李英輝（財務總監）（皆為執行副總裁）；呂永鐘（非執行董事）；吳嘉寧、 陳東琪、呂薇、李惠光（皆為獨立非執行董事）。 证券代码：601728 证券简 ...

证券代码：601728 证券简称：中国电信 公告编号：2025-036 中国电信股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 重要内容提示： 中国电信股份有限公司（以下简称"公司"）已于 2025 年 10 月 21 日发布公司 2025 年第三季度报告，为便于广大投资者更全面深入 地了解公司 2025 年第三季度业绩，公司计划于 2025 年 12 月 26 日（星 期五）16:00-17:00 举行 2025 年第三季度业绩说明会，就投资者关 心的问题进行交流。 一、业绩说明会类型 本次业绩说明会以网络文字互动形式召开，公司管理层将针对 会议召开时间：2025 年 12 月 26 日（星期五）16:00-17:00 会议召开地点：上海证券交易所上证路演中心（网址：https:/ /roadshow.sseinfo.com/） 会议召开方式：网络文字互动 投资者可于 2025 年 12 月 19 日（星期五）至 2025 年 12 月 25 日（星期四）16:00 前登录上证路演中心网站首页点击"提问预征集" 栏目或通过公司邮箱 ir@chinatelecom-h.com 进行提问。公司将在 ...

近日，罗永浩在朋友圈吐槽上海电信宽带，称独享千兆宽带实际不到百兆，并放话再得不到解决将"在网上发疯"： 万能的朋友圈，有人认识上海电信宽带的人吗？我搬到上海开了电信的独享千兆宽带，半年多来，绝大多数时候只有不到一百兆，每次找来客 服，不管是官方的还是非官方的还是疑似在官方吃里扒外的，都是管用三五天，然后又回到九十多兆。 如果没有朋友能介绍上海电信宽带的人帮忙解决，我就要在网上发疯了…..希望上海电信宽带多保重。 不过，显然被逼发疯的不止罗永浩一个， 不少微博红V也加入到了吐槽行列。 "终于有人说这事了。" "老罗简直就是我们的嘴替"。 菜菜妈的精彩生活 窗 ■》® 41分钟前 美食博主 已编辑 老罗简直是我们的嘴替,上海电信不仅龟速还杀 熟,我们200M带宽(实际达不到,常常卡顿)一 年是1548元,但现在电信上个月活动是同样套餐 1099两年,我们是十年的老客了一直老价格 ©, 以前偶尔一年还能送一个月,现在什么活动都没有 c (2 @中国电信上海网厅 机智猫 过 = = = = 45分钟前 转赞人数超过10 数码 ... 老罗在朋友圈求助,上海电信的千兆宽带网速不达 标 这种情况之前我也遇到过,反馈了几次 ...

12月18日，罗永浩在朋友圈公开吐槽上海电信网速问题。 有通信行业从业者分析，宽带速率"缩水"有多种可能的原因：一是小区宽带接入的光纤线路老化、端口 带宽被共享挤占，导致高峰期速率骤降；二是电信后台对部分用户的带宽进行了隐性限制，或未按合约 开放足额千兆带宽；三是用户端的路由器、网线等设备不支持千兆速率，形成硬件瓶颈。不过考虑到罗 永浩是科技行业从业者，第三类的硬件问题大概率可排除。 此外，罗永浩的朋友圈在网络上流传开后，不少上海电信用户在评论区反映自己也遭遇过类似情况，表 示办理时表称的千兆宽带实际速率远未达标，报修后问题也未能得到根治。 罗永浩表示，其搬至上海后开通电信独享千兆宽带服务，然而自办理以来的半年多时间里，宽带实际速 率绝大多数时候仅有不到一百兆。 罗永浩说："每次找来客服，不管是官方的还是非官方的，还是疑似在官方吃里扒外的，都是管用三五 天，然后又回到九十多兆。" 无可奈何之下，罗永浩通过朋友圈表示希望能有朋友介绍上海电信宽带的人帮忙解决："我就要在网上 发疯了……希望上海电信宽带多保重。" 黑猫投诉等平台上也可见上海电信宽带用户的投诉。有用户反映上海电信将其签约的100M上行宽带擅 自限制至 ...

Group 1 - The top three companies by Hong Kong Stock Connect holding ratios are China Telecom (00728) at 72.22%, Green Power Environmental (01330) at 70.20%, and Da Zhong Public Utilities (01635) at 69.39% [1][2] - The companies with the largest increase in holding amounts over the last five trading days are Xiaomi Group-W (01810) with an increase of 51.02 billion, Meituan-W (03690) with 43.47 billion, and Beike-W (02423) with 18.61 billion [1][2] - The companies with the largest decrease in holding amounts over the last five trading days are Alibaba-W (09988) with a decrease of 39.24 billion, SMIC (00981) with 18.55 billion, and Tencent Holdings (00700) with 16.86 billion [1][3] Group 2 - The latest holding ratios for the top 20 companies in Hong Kong Stock Connect show that China Telecom has 100.23 billion shares, Green Power Environmental has 2.84 billion shares, and Da Zhong Public Utilities has 3.70 billion shares [2] - The top 10 companies with the largest increase in holdings over the last five trading days include China Ping An (02318) with an increase of 16.11 billion and Hong Kong Exchanges (00388) with 8.47 billion [2] - The top 10 companies with the largest decrease in holdings over the last five trading days include China Petroleum (00857) with a decrease of 14.21 billion and China Mobile (00941) with 14.17 billion [3]

Group 1 - The chairman of GuoDun Quantum, Lv Pin, passed away on December 18, 2025, and the company expressed deep condolences and sympathy to his family [1] - Lv Pin served as the chairman since May 2025 and held various committee positions within the company [1] - His passing will not affect the normal operation of the board, and the company will proceed with the election of a new chairman as per legal regulations [1] Group 2 - Lv Pin was 46 years old, born in July 1979, and held a master's degree [5] - He had a significant career in China Telecom, holding various managerial positions before becoming the chairman of GuoDun Quantum [5] - GuoDun Quantum, established in 2009, focuses on quantum communication, quantum computing, and quantum precision measurement, and is recognized as a pioneer in China's quantum information industry [5] Group 3 - GuoDun Quantum's stock price has seen significant growth, doubling from a low of 211.03 CNY per share on April 7, 2025, to 494.00 CNY per share by December 18, 2025 [6] - The stock reached its highest point of 618.28 CNY on October 31, 2025 [6]

Core Viewpoint - The chairman of GuoDun Quantum, Lv Pin, has passed away on December 18, 2025, which may impact the company's leadership and future direction [2][4]. Company Overview - GuoDun Quantum Technology Co., Ltd. was established in 2009 and is a pioneer in the commercialization of quantum information technology in China, focusing on quantum communication, quantum computing, and quantum precision measurement [8]. - The company is controlled by China Telecom's wholly-owned subsidiary, China Telecom Quantum Group, and was listed on the STAR Market in 2020, becoming the "first stock in quantum technology" [8]. - As of December 18, 2025, GuoDun Quantum's stock price was reported at 494 yuan, reflecting an increase of over 65% for the year, with a total market capitalization of 50.813 billion yuan [8]. Leadership Background - Lv Pin, born in July 1979, held various positions within China Telecom before becoming the chairman of GuoDun Quantum on May 30, 2025 [6][8]. - His leadership was marked by significant contributions to the company's growth and its position in the quantum technology sector [8]. Intellectual Property and Standards - The company has surpassed 1,000 total intellectual property rights, holding the largest number of family patents in the field of quantum communication globally [8]. - GuoDun Quantum has led or participated in the development of over 100 domestic and international standards, positioning itself as a key player in the establishment of quantum technology standards [8].

Core Insights - The consumer drone market is experiencing explosive growth, driven by innovations and diverse applications in various sectors, including tourism, agriculture, and urban services [3][4][5] - China Telecom is positioning itself as a key player in the low-altitude economy, leveraging its strengths in communication networks, AI, and cloud computing to support the development of consumer drones [2][5][6] Industry Growth - The consumer drone market is maturing, with over 600 drone manufacturing companies in China and a market value in the hundreds of billions [3] - The demand for consumer drones has expanded beyond aerial photography to include services in agriculture, urban governance, and logistics [3][7] Policy Support - Recent government policies, including the implementation of new guidelines for low-altitude economic applications, are providing significant support for the growth of the consumer drone market [4][5] Company Initiatives - China Telecom has established a dedicated subsidiary, China Telecom Drone Technology Co., to focus on the low-altitude economy and has made significant technological advancements in drone networking and intelligent scheduling [5][6] - The company has developed a comprehensive low-altitude economic capability system, introducing innovative products to address industry challenges [5][6] Technological Infrastructure - China Telecom is building a robust 5G-A low-altitude communication network, ensuring stable and real-time connectivity for drone operations across urban and rural areas [6] - The company has implemented a multi-dimensional "air traffic control system" to enhance drone safety and operational efficiency [6] Application Scenarios - China Telecom is actively expanding drone applications in various fields, including public safety, logistics, and agriculture, creating replicable and scalable models [7][8] - Notable projects include a 5G police drone system for smart governance and a low-altitude logistics line in rural areas to address last-mile delivery challenges [7][8] Future Outlook - China Telecom aims to continue collaborating with industry partners to unlock new drone application scenarios, contributing to the high-quality development of the economy and society [8]

Group 1 - As of December 17, the total shareholding of southbound funds in Hong Kong Stock Connect stocks accounts for 19.33% of the total share capital, with a total market value of HKD 60,627.61 billion [1] - There are 247 stocks where the shareholding ratio of southbound funds exceeds 20% [1] Group 2 - China Telecom has the highest shareholding ratio at 72.27%, followed by Gree Power and China Gas with 70.08% and 69.75% respectively [3] - The stocks with high southbound fund holdings are primarily concentrated in the healthcare, industrial, and financial sectors, with 56, 36, and 34 stocks respectively [3] - Over half of the stocks with high southbound fund holdings are AH concept stocks, with 128 out of the 247 stocks also listed in mainland China and Hong Kong, representing 51.82% [3]

Core Insights - The overall shareholding ratio of southbound funds in Hong Kong Stock Connect stocks is 19.33%, with 247 stocks having a shareholding ratio exceeding 20% [1] - Southbound funds hold a total of 4,915.49 million shares, accounting for 19.33% of the total share capital of the stocks, with a market value of 60,627.61 billion HKD, representing 14.57% of the total market value [1] Group 1: Shareholding Distribution - 247 stocks have a shareholding ratio of over 20%, 130 stocks between 10% and 20%, 94 stocks between 5% and 10%, 84 stocks between 1% and 5%, and 26 stocks below 1% [1] - The stock with the highest shareholding ratio by southbound funds is China Telecom, holding 1,003.09 million shares, which is 72.27% of the issued shares [2] - Other notable stocks with high shareholding ratios include Green Power Environmental (70.08%) and China Resources Power (69.75%) [2] Group 2: Industry Concentration - Southbound funds with a shareholding ratio exceeding 20% are primarily concentrated in the healthcare, industrial, and financial sectors, with 56, 36, and 34 stocks respectively [2] - The healthcare sector shows significant representation among high-shareholding stocks, with several companies like WuXi AppTec (57.49%) and Fosun Pharma (57.43%) [3] - The industrial sector also features prominently, with companies such as China Shenhua (66.44%) and COSCO Shipping Energy (63.69%) [2][3]