Financial Performance - The operating revenue for Q1 2025 was RMB 135.5 billion, with service revenue at RMB 124.7 billion, representing a year-on-year growth of 0.3% and a quarter-on-quarter growth of 4.6%[10] - EBITDA reached RMB 36.7 billion, showing a year-on-year increase of 4.7%, with an EBITDA margin of 29.5%[10] - The profit attributable to shareholders was RMB 8.9 billion, reflecting a year-on-year growth of 3.1%[10] - The net profit for the three months ended March 31, 2025, was RMB 8,828 million, compared to RMB 8,628 million in the previous year, showing an increase of 2.3%[18] - The company reported a total comprehensive income of RMB 8,883 million for the period, up from RMB 8,479 million year-over-year, reflecting a growth of 4.8%[21] - For the three months ending March 31, 2025, the pre-tax profit was RMB 11,318 million, an increase from RMB 11,090 million in the same period of 2024, representing a growth of 2.1%[23] User Growth - The total number of mobile users reached 429.47 million, with a net increase of 4.95 million users during the quarter[8] - The number of 5G network users reached 266.21 million, with a net increase of 15.48 million users[8] - Mobile internet traffic increased by 14.2% year-on-year, reaching a total of 2,322.93 million TB[8] Revenue Segments - IDC revenue grew by 10.4% year-on-year, amounting to RMB 9.5 billion[11] - Smart revenue surged by 151.6% year-on-year, indicating strong growth in this segment[11] Expenses and Liabilities - The company’s operating expenses were RMB 124.7 billion, a decrease of 0.2% year-on-year, with a focus on cost control through AI[13] - Total liabilities decreased to RMB 393,022 million from RMB 410,073 million, marking a reduction of 4.2%[16] - The company’s total current liabilities were RMB 310,825 million, down from RMB 325,377 million, which is a decrease of 4.4%[16] Assets and Cash Flow - The total assets at the end of the reporting period were RMB 858.46 billion, a decrease of 0.9% compared to the previous year[7] - Total assets as of March 31, 2025, amounted to RMB 858,457 million, a decrease from RMB 866,625 million as of December 31, 2024, representing a decline of 0.2%[17] - Cash and cash equivalents decreased to RMB 52,811 million from RMB 82,207 million, indicating a decline of 35.7%[22] - Net cash generated from operating activities for the same period was RMB 10,327 million, down from RMB 20,317 million year-over-year, reflecting a decrease of 49.1%[22] Capital Expenditures and Depreciation - The company’s capital expenditures for the period were RMB 13,710 million, slightly down from RMB 14,711 million year-over-year, indicating a decrease of 6.8%[22] - Depreciation and amortization expenses increased to RMB 25,987 million from RMB 24,548 million, reflecting a rise of 5.9%[23] Other Financial Metrics - The company paid RMB 1,728 million in income taxes, which is an increase from RMB 1,191 million in the same period of 2024, representing a rise of 45.0%[23] - Interest income received was RMB 377 million, down from RMB 503 million in the previous year, a decrease of 25.0%[23] - The net loss from the disposal of long-term assets was RMB 1,146 million, compared to RMB 1,321 million in the previous year, showing an improvement of 13.3%[23] - Accounts receivable increased by RMB 21,787 million, slightly higher than the increase of RMB 21,553 million in 2024[23] - The company reported a decrease in contract liabilities of RMB 4,229 million, compared to a decrease of RMB 5,502 million in the same period last year[23] Cautionary Statements - The company cautioned investors regarding reliance on the unaudited financial data presented, emphasizing the need for careful consideration when trading its securities[24] - The board of directors highlighted that forward-looking statements regarding future strategies and operational plans are subject to known and unknown risks and uncertainties, which may lead to significant differences from actual performance[26]

Group 1 - The core viewpoint of the article is that China Telecom reported its Q1 2025 revenue and net profit figures, indicating slight growth in both metrics [1] - The revenue for Q1 2025 was 134.509 billion yuan, representing a year-on-year increase of 0.01% [1] - The net profit for the same period was 8.864 billion yuan, showing a year-on-year growth of 3.11% [1]

本次展会旨在推动区域数字经济合作。多家中国企业首次参展，展示了具身AI、智能制造等最新成 果。 宇树科技带来的人形机器人和仿生四足机器人在主舞台表演，吸引众多观众。 在会展上还可以看到科大讯飞、中国电信、中国移动、阿里云在内的多家中资科技企业亮相。科大讯飞 展位设计前卫，展示AI翻译、语音交互等多项技术应用。中国电信主打"全球数字信息基础设施"概念， 展位互动频繁。中国移动则以"AI驱动，未来启发"为主题，呈现数据中心与AI应用场景，吸引大量观众 驻足体验。 转自：新华财经 新华财经新加坡4月25日电（记者刘春涛）全球科技盛会海湾信息技术展（GITEX）首次登陆亚洲。 GITEX Asia 2025于23日至25日在新加坡滨海湾金沙会展中心举行，吸引来自70多个国家和地区的700余 家企业参展，聚焦人工智能、机器人、网络安全、智慧城市等领域。 据世界经济论坛预测，到2030年，东南亚数字经济规模有望达到1万亿美元。 编辑：罗浩 来自中国香港的AT-VIBE Technology展示智慧工业监控系统，服务客户包括中国银行（香港）、 Manulife、香港特区政府多部门。电竞硬件厂商七彩虹展出与巴塞罗那俱乐部联名 ...

Core Viewpoint - The article celebrates the successful launch of the Shenzhou-20 manned spacecraft, highlighting the contributions of China Telecom in providing essential communication support during the mission [1][3][4]. Group 1: Launch Event - The Shenzhou-20 spacecraft was launched successfully at 17:17, carrying three astronauts into space, continuing China's legacy in space exploration [1]. - The theme for this year's China Space Day is "The Bright Moon Rises Over the Sea, and the Stars are Within Reach" [1]. Group 2: Communication Support by China Telecom - China Telecom's Jiuquan branch played a crucial role in ensuring communication during the Shenzhou-20 launch, embodying the "Red Telecom" spirit and fulfilling its responsibilities as a central enterprise [3][4]. - Prior to the launch, China Telecom set up dedicated lines and installed communication services such as landlines, broadband, and television at key locations [6]. - To alleviate network pressure during peak times, China Telecom expanded bandwidth, deployed three emergency vehicles, and established six new 5G base stations [6]. - The company monitored six critical communication circuits in real-time and provided 24-hour service to testing units during the launch [10][11]. Group 3: Team Efforts and Monitoring - A dedicated team of 12 personnel at the Jiuquan Network Command Center monitored data indicators and optimized the network in real-time, ensuring seamless communication during the mission [10]. - The communication support team was well-prepared, with emergency vehicles and personnel stationed at critical areas to ensure robust communication services [7][10].

Core Viewpoint - The China Securities Quality Dividend 50 Index has shown mixed performance, with a slight decline over the past month and year-to-date, indicating potential challenges in the market for dividend-paying stocks [1][2] Group 1: Index Performance - The China Securities Quality Dividend 50 Index closed at 1718.08 points, down 1.02% over the past month, up 0.09% over the past three months, and down 5.01% year-to-date [1] - The index was established on December 30, 2016, with a base point of 1000.0 [1] Group 2: Index Composition - The index comprises 50 stocks known for consistent cash dividends and high dividend payout ratios, reflecting companies with strong dividend capabilities and stable earnings [1] - The top ten holdings in the index include: - Changjiang Electric Power (10.54%) - Midea Group (9.87%) - CITIC Securities (7.35%) - China Merchants Bank (7.07%) - Gree Electric Appliances (5.7%) - Yili Group (5.53%) - China Shenhua Energy (3.81%) - China Telecom (3.61%) - Industrial and Commercial Bank of China (3.39%) - Wanhua Chemical (3.11%) [1] Group 3: Market Sector Allocation - The index's market sector allocation is as follows: - Financials: 24.24% - Consumer Discretionary: 19.31% - Communication Services: 12.32% - Utilities: 12.29% - Energy: 11.43% - Industrials: 6.89% - Consumer Staples: 5.85% - Materials: 5.22% - Health Care: 1.91% - Information Technology: 0.42% - Real Estate: 0.14% [2] Group 4: Index Adjustment Mechanism - The index samples are adjusted semi-annually, with adjustments occurring on the next trading day after the second Friday of June and December each year [2] - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [2]

近日，国务院国资委公布了最新一轮的"双百企业"与"科改企业"名单，全国范围内共有1218家企业荣耀 上榜。值得关注的是，据统计，此次通信业有31家企业脱颖而出，成功入选。 最新版"双百企业" 最新版的"双百企业"名单，全国共计564家公司，其中，三大运营商旗下有7家通信企业入选，具体如 下。 中国电信集团有限公司 1.中国通信服务股份有限公司 2.天翼支付科技有限公司 中国联合网络通信集团有限公司 1.联通智网科技股份有限公司 2.中国联合网络通信有限公司广东省分公司 3.云盾智慧安全科技有限公司 中国移动通信集团有限公司 1.中国移动通信集团云南有限公司 2.中移智捷科技(北京)有限公司 其中，本次中国电信集团有限公司旗下入围"双百企业"的 天翼支付科技有限公司，曾用名为天翼电子商务有限公司，该企业于今年3月更名为天翼支付科技有限 公司。 最新版"科改企业" | 首页 | 机构概况 | 新闻发布 | 国资监管 | 政务公开 | 国资数据 | 互动交流 | 在线服务 | 热点专题 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 价 首页 ...

智通财经APP获悉，根据2025年4月22日披露数据，中国电信（00728）、新天绿色能源（00956）、凯 盛新能（01108）位居港股通持股比例前3位，分别为74.50%、67.36%、67.18%。此外，阿里巴巴－W （09988）、腾讯控股（00700）、盈富基金（02800）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+40.45亿元、+30.71亿元、+27.30亿元;中芯国际（00981）、小米集团－Ｗ（01810）、中国 石油化工股份（00386）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-14.57亿元、-9.19 亿元、-6.26亿元。 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 | 持股额变动 | 持股数变动 | | --- | --- | --- | | 阿里巴巴－W(09988) | +40.45亿元 | +3677.58万股 | | 腾讯控股(00700) | +30.71亿元 | +666.95万股 | | 盈富基金(02800) | +27.30亿元 | +12467.10万股 | | 中国石油股份 ...

Core Insights - China Telecom has completed the expansion of its Central Intelligent Computing Center by adding 300 intelligent computing servers, increasing its computing power to over 2000P [1] - The center is located in Wuhan Future Technology City and has future plans to scale its total computing resources to over 5000P, which will support the training of large models with trillions of parameters and high concurrency computing demands [1]

中信科移动、中国移动、北京大学联合发布6G全息超表面宽带移动通信系统样机，为未来6G高速传输 提供全新路径；中国电信联合北京邮电大学研发的可视化6G卫星接入网系统级仿真平台，可对目前超 大低轨卫星星座进行前期仿真验证；南京市交通集团打造的南京市低空飞行服务平台，通过通感一体技 术支撑低空飞行全过程管理……产业链协同努力下，6G图景正日渐清晰。 在4月10日至12日举行的2025全球6G技术与产业生态大会期间，中国移动集团首席科学家王晓云说，6G 发展需凝聚产业共识，化解技术路线分歧，最终实现商业闭环，推动移动通信向"移动信息网络"的范式 变革。 AI为6G提供新机遇 "6G是一个基础性的使能技术，它可以赋能整个社会的智能化转型，能力比现有的5G再提升一个量级， 甚至两个量级。"中国科学院院士、紫金山实验室主任、东南大学教授尤肖虎介绍，6G能够实现通感融 合、通信和智能的融合、泛在的融合，并有望在2030年左右逐渐投入商用，再一次改变人类的生活工作 方式，支撑新的变革。 "6G面临新的机遇，那就是AI。AI可以给6G提供新动能。"中国工程院院士邬贺铨说。 "6G可以将AI和通信结合起来。"中国工程院院士、北京邮 ...

Core Points - Yang Xiaowei, the Deputy Director of the 14th National Committee of the Chinese People's Political Consultative Conference, is under investigation for serious violations of discipline and law as announced by the Central Commission for Discipline Inspection and the National Supervisory Commission [1] - He is the 16th senior official publicly reported for investigation by the Central Commission this year [1] Background and Career - Yang Xiaowei, born in September 1963 in Chongqing, joined the Communist Party of China in December 1984 and has a master's degree in engineering [1] - He held various positions in the telecommunications sector, including roles at the Chongqing Telecommunications Bureau and China Unicom, eventually becoming the Vice General Manager of China Unicom [1][3] - In April 2016, he was appointed as the Director and General Manager of China Telecom Group [3] - In June 2017, he transitioned to the Central Cyberspace Affairs Commission and the National Internet Information Office, where he emphasized the importance of correct public opinion guidance in online media [3][4] Recent Developments - In August 2021, Yang was appointed as the Deputy Director of the National Radio and Television Administration, focusing on youth protection measures against online addiction [4] - He was elected as the Deputy Director of the 14th National Committee of the Chinese People's Political Consultative Conference in March 2023 and stepped down from his role at the National Radio and Television Administration by the end of the year [5]