Core Viewpoint - The Tianhong CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (159281) experienced a decline of 1.03% in its closing price on September 25, with a trading volume of 40.68 million yuan [1]. Group 1: Fund Overview - The Tianhong CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF was established on August 20, 2025, with an annual management fee of 0.50% and a custody fee of 0.10% [1]. - As of September 24, the fund's latest share count is 344 million shares, with a total size of 335 million yuan [1]. - The current fund manager is He Yuxuan, who has managed the fund since its inception, with a performance return of -2.80% during the management period [1]. Group 2: Fund Holdings - The top holdings of the Tianhong ETF include: - China COSCO Shipping (0.85% holding, 218,000 shares, market value of 2.9175 million yuan) - Orient Overseas International (0.40% holding, 10,500 shares, market value of 1.3717 million yuan) - China Foreign Transport (0.33% holding, 270,000 shares, market value of 1.1396 million yuan) - China National Petroleum (0.32% holding, 162,000 shares, market value of 1.0973 million yuan) - CITIC Bank (0.32% holding, 175,000 shares, market value of 1.1136 million yuan) - CNOOC (0.29% holding, 58,000 shares, market value of 1.0041 million yuan) - China Shenhua Energy (0.29% holding, 30,500 shares, market value of 982,600 yuan) - China People's Insurance Group (0.29% holding, 164,000 shares, market value of 1.0107 million yuan) - China Unicom (0.28% holding, 104,000 shares, market value of 952,800 yuan) - Agricultural Bank of China (0.27% holding, 189,000 shares, market value of 933,900 yuan) [2].

Core Viewpoint - China Unicom is actively addressing the "digital divide" faced by elderly customers by implementing various supportive measures and services to enhance their communication experience and ensure they can enjoy smart communication technology [1][6]. Group 1: Service Initiatives - China Unicom has launched a dedicated customer service hotline for clients aged 65 and above, allowing them direct access to human assistance [1]. - The company has organized a series of live broadcasts titled "Silver Age Lectures" to educate elderly clients on fraud prevention and smartphone usage [1]. - In-store initiatives include setting up caring service counters and providing assistive items for the elderly, along with regular offline technology assistance classes [1]. Group 2: Community Engagement - Jiangxi Unicom has designed tailored courses for elderly clients, focusing on practical skills such as using WeChat for video calls and electronic payments, addressing their challenges with smart devices [2]. - In rural areas, Jiangxi Unicom has sent engineers to assist elderly clients with network optimization and practical device usage, enhancing their confidence in using technology [2]. - Activities like "Customer Day" have been organized to bring services closer to remote areas, ensuring that more elderly clients can benefit from smart communication [2]. Group 3: Technology Empowerment - Shandong Unicom has established a comprehensive service system for the elderly, emphasizing technology-enabled warm services, including training for customer service representatives to better assist elderly clients [4]. - The company has introduced features like love seats and green channels in service centers, along with providing convenient facilities such as reading glasses and emergency supplies [4]. - More elderly clients are now using the China Unicom app to manage their services from home, reflecting a significant improvement in their digital engagement [4]. Group 4: Fraud Prevention Education - Liaoning Unicom has collaborated with police to conduct "Elderly Assistance Lectures," teaching clients how to recognize and avoid scams through real-life examples [5]. - The initiative includes hands-on demonstrations to help elderly clients set up fraud prevention features on their devices, ensuring practical application of the knowledge gained [5]. Group 5: Emotional and Social Support - Liaoning Unicom has introduced cultural activities such as old photo restoration and community gatherings, combining practical skills training with emotional support for elderly clients [8]. - The company recognizes the dual needs of elderly clients, addressing both their basic and emotional requirements to enhance their quality of life in the digital age [8]. - Future plans include deepening the "Caring and Warmth" initiative to continuously adapt services to meet the evolving needs of elderly clients, ensuring they not only have access to services but also enjoy using them [8].

Core Viewpoint - The 2025 China International Information Communication Exhibition emphasizes the integration of digital and real economies, showcasing the latest achievements in the information and communication industry as a new engine for future development [1][3]. Group 1: Industry Insights - The exhibition highlights the role of the information and communication industry in driving the deep integration of digital and real economies, fostering new productivity [1][3]. - The Chief Engineer of the Ministry of Industry and Information Technology, Zhong Zhihong, stated that the current era is crucial for advancing national rejuvenation and that the industry must seize strategic opportunities to promote this integration [5][6]. - The International Telecommunication Union (ITU) praised China's contributions to global technology standards, particularly in AI and quantum computing, and expressed a desire for deeper international cooperation [5][6]. Group 2: Technological Developments - The exhibition features advancements in technologies such as 5G-A, AI applications in spatial governance, low-altitude smart networks, and satellite internet integration [6][8]. - The main forum of the event emphasized the acceleration of new-generation information technologies, including 5G, AI, big data, and cloud computing, as vital carriers of new productivity [8]. - A keynote report highlighted AI as a core variable in the new stage of digital and real economy integration, with cloud computing as a key support [8]. Group 3: Event Highlights - The exhibition will run until September 26, featuring over ten events, including award ceremonies and the release of more than twenty research reports and action plans [8]. - The event also includes the "2025 BRICS Digital Economy and Trade Investment Forum," aimed at expanding international cooperation and building a global digital governance system [8].

Core Insights - The report by IDC indicates that the Chinese healthcare cloud IaaS+PaaS market is projected to reach 12.24 billion yuan in 2024, with a year-on-year growth of 8.8% [1] - Unicom Cloud ranks among the top three in the overall market share of healthcare cloud IaaS+PaaS, achieving a growth rate of 23.8% [1] - Unicom Cloud holds a 27.4% market share in the dedicated healthcare cloud market, reflecting its commitment to providing secure, reliable, and customized services [1] Market Position and Growth - Unicom Cloud's strong growth momentum and core competitiveness in the digital transformation of healthcare are highlighted by its comprehensive service offerings [1] - The company has established a full lifecycle solution for healthcare institutions, from cloud migration to intelligent upgrades, leveraging its differentiated advantages [1] Data Security and Compliance - Unicom Cloud adheres to strict security standards, including the national security compliance level 2.0 and healthcare industry data security maturity level 3 certifications [2] - The company employs domestically controlled server clusters and SDN network slicing technology to ensure hardware-level security isolation and dedicated encryption channels [2] Technological Integration - The integration of cloud, 5G, and AI technologies is crucial for addressing the computational challenges faced by healthcare institutions [3] - Unicom Cloud has achieved comprehensive coverage with over 320 resource pools and more than 6.4 million cores, ensuring 24/7 operation of medical business systems [3] Customized Services and Product Offerings - Unicom Cloud has developed a rich product ecosystem that includes AI IaaS, AI PaaS, and AI SaaS layers to meet the diverse needs of the healthcare sector [4] - The AI IaaS layer provides elastic cloud resources, while the AI PaaS layer offers a library of technical components for rapid application development [4] Solutions for Healthcare Scenarios - The company has launched various solutions such as Smart Hospital Cloud, Regional Medical Cloud, and Disease Control Cloud to address the unique demands of the healthcare industry [5] - These solutions aim to enhance resource sharing, improve operational efficiency, and support remote medical services [5] Industry Empowerment and Transformation - Unicom Cloud has successfully assisted over 2,000 healthcare institutions in their digital transformation efforts [7] - The company has implemented innovative AI applications and platforms in various hospitals, enhancing patient care and operational efficiency [7] Future Outlook - The IDC report emphasizes the transition of industry demand from basic resource provision to deep business empowerment [8] - Unicom Cloud plans to focus on core healthcare needs and continue investing in computational resource construction and security technology development [8]

Core Viewpoint - Jiangsu Unicom is integrating traditional Chinese culture into its corporate culture and employee training to enhance moral values and promote high-quality development in party building and corporate culture [1][5][6]. Group 1: Integration of Traditional Culture - Jiangsu Unicom is conducting activities themed "Connecting the Past and Present, Civilizations Moving Together" to draw wisdom and strength from traditional Chinese culture for reform and progress [1]. - The company is incorporating traditional culture into its political education for employees, emphasizing a human-centered approach and enriching ideological work with cultural elements [2][3]. - Various cultural activities, such as photography exhibitions and traditional craft experiences, are being organized to promote local cultural heritage and enhance employee engagement [3][4]. Group 2: Moral and Ethical Development - Jiangsu Unicom is focusing on enhancing employees' moral qualities by integrating traditional cultural values into its corporate philosophy and training programs [3][4]. - The company is promoting virtues such as integrity and respect through activities that combine traditional culture with ethical education [4]. - Initiatives like establishing interest groups for calligraphy and reading are being implemented to foster a culturally rich environment for employees [4]. Group 3: Innovation and Corporate Governance - Jiangsu Unicom is applying traditional cultural principles like honesty and innovation to its management practices, aiming for a harmonious development between culture and corporate governance [5][6]. - The company is committed to enhancing its core competitiveness by embracing a spirit of responsibility and innovation in its operations [5]. - Jiangsu Unicom is actively engaging in social responsibility initiatives, leveraging technology to support rural revitalization and community service projects [6]. Group 4: Future Directions - Jiangsu Unicom plans to continue drawing from the profound wisdom of Chinese civilization to foster innovation and strengthen its corporate culture [6].

Core Viewpoint - The article highlights the successful collaboration between Shandong Unicom and law enforcement in combating telecom network fraud through a targeted operation against illegal VOIP device installations, resulting in the dismantling of multiple criminal groups and the arrest of several suspects. Group 1: Action and Results - In September, Shandong Unicom actively supported police in a special operation named "打猫" (Operation Cat), focusing on illegal VOIP device installations in various locations, achieving significant results [1] - The operation led to the dismantling of multiple criminal gangs and the arrest of dozens of suspects, effectively curbing the high incidence of telecom network fraud [1] Group 2: Nature of the Threat - The illegal VOIP devices can disguise overseas scam calls as local fixed-line calls, significantly increasing the concealment of fraud activities [3] - Criminals remotely control these devices, creating a spatial separation between the perpetrator and the equipment, complicating investigation efforts [3] Group 3: Collaborative Mechanism - The success of the operation is attributed to the established police-enterprise collaboration mechanism, where an anti-fraud task force uses intelligent monitoring systems to detect abnormal numbers and initiate thorough investigations [4] - Precise leads are quickly relayed to law enforcement, aiding in targeted operations against criminal groups [4] Group 4: Preventive Measures - Alongside enforcement actions, Shandong Unicom has enhanced security and early warning measures for key clients, conducting inspections in high-risk areas such as hospitals and office buildings [5] - The company has delivered warning notices to key clients and assisted in improving fixed-line usage registration systems, thereby reducing fraud risks at the source [5] Group 5: Internal Capacity Building - The company places a strong emphasis on internal training, equipping installation and maintenance personnel with skills to identify VOIP devices and common concealment methods [6] - A notable incident involved an engineer who, upon receiving a tip about a VOIP installation, promptly assisted police in apprehending a suspect, demonstrating the effectiveness of the training [6] - The company plans to continue optimizing the police-enterprise collaboration mechanism and strengthen technical defense systems to further combat telecom network fraud [6]

Core Viewpoint - The integration of digital technology in traditional agriculture has significantly transformed farming practices, enhancing efficiency and productivity through the use of IoT and big data [1][4]. Group 1: Digital Transformation in Agriculture - The collaboration between China Unicom and Sanjianxi Village has led to the implementation of a comprehensive IoT sensor system that monitors various agricultural processes, including black pig farming and organic planting [1][4]. - The "four-dimensional circular agriculture" model emphasizes the importance of data management in optimizing agricultural practices, with a focus on tracking the entire lifecycle from pig farming to vegetable cultivation [2][4]. Group 2: Cost Reduction and Efficiency - Digital management has resulted in a significant increase in black pig output, rising from approximately 3,000 to 10,000 heads annually, while also reducing labor costs through data monitoring [4][6]. - Enhanced product quality has been achieved through precision farming, leading to improved taste and higher market value for crops such as tomatoes and cucumbers [6]. Group 3: Skills Development and Community Engagement - China Unicom is actively providing digital skills training for local farmers and small business owners, covering areas such as IoT software, e-commerce, and digital content creation [6][8]. - The initiative aims to empower villagers to effectively utilize digital tools, likening the acquisition of data to driving on a highway, where understanding how to navigate is crucial [6]. Group 4: Integration of Industries - The digital initiatives not only support the primary agricultural sector but also promote the integration of secondary and tertiary industries, enhancing local economic development [8][9]. - The introduction of a digital rural platform and a "one-code tour" mini-program facilitates access to local tourism and culinary information, benefiting the community [8][9]. Group 5: Replicable Model for Future Development - The success of the Sanjianxi model is attributed to a collaborative ecosystem involving government, enterprises, and local communities, creating a sustainable and mutually beneficial environment [9]. - China Unicom plans to replicate this model in other rural areas by employing standardized modules tailored to local needs, focusing on AI governance and digital agriculture [9].

Core Insights - The implementation of the "Unicom Digital Village" platform in Shizikou Village has transformed the traditional village landscape, enhancing convenience for residents and providing a smart tourism experience for visitors [1][2] - The platform features a three-screen linkage system that allows real-time updates on village affairs and facilitates communication between villagers and local authorities [2][4] - The deployment of a digital loudspeaker system has modernized the way information is disseminated within the village, improving management efficiency and safety communication [4][6] Group 1: Digital Infrastructure - The "Unicom Digital Village" platform enables tourists to access detailed information about attractions, book tickets, and accommodations through a mobile app [1][2] - The platform includes a "Leadership Mailbox" feature that allows villagers to send suggestions directly to village leaders, promoting community engagement [2] - The construction of the digital infrastructure faced challenges such as difficult terrain and signal coverage, which were addressed through innovative solutions like drone transportation and careful site selection for 5G base stations [4][6] Group 2: Smart Tourism and Livelihood - The village has developed unique "smart homestays" using traditional stone houses, equipped with smart home technology for enhanced guest experience [6][8] - A dedicated live-streaming room has been established to support local product sales, leveraging social media influencers to promote agricultural products [6][8] - The integration of digital technology in tourism and agriculture aims to create a new ecosystem that enhances the quality of life for villagers and promotes economic development [8]

Investment Rating - The report indicates a positive outlook for the communication industry, suggesting a potential shift towards a "stronger gets stronger" dynamic due to technological and capital barriers [1]. Core Insights - The communication industry is experiencing a transformation driven by technology and policy support, with a shift in demand from traditional to emerging services [1][39]. - The industry is expected to enter a recovery phase in Q3 2025, with capital expenditure expansion driven by technological breakthroughs and new infrastructure initiatives [39]. - The demand for AI computing power, accelerated commercialization of 5G-A, breakthroughs in 6G technology, and the rise of the "low-altitude economy" are key factors driving the industry's upgrade [1][39]. Supply Capacity Analysis - The report highlights the growth in the optical communication sector, particularly in high-speed optical modules, driven by AI computing demand and increased capital expenditure from global cloud service providers [3][10]. - The domestic penetration rate of traditional optical fiber and cable is nearing saturation, prompting companies to accelerate international expansion [5][4]. - The communication equipment integration market is recovering, with the Asia-Pacific region leading in 5G system integration and services [6]. Demand Matching Capability Analysis - The demand for optical modules, especially high-speed products for data centers, is robust, with a projected shipment increase from 6.4 million units in 2023 to over 31.9 million units by 2025 [3]. - The communication equipment market is experiencing strong growth, with a year-on-year revenue increase of 18.9% in Q2 2025, despite a contraction in 5G investment [11]. - The telecommunications service sector is seeing a shift towards emerging businesses, with significant growth in AI computing and quantum communication services [15][30]. Industry Chain Position Analysis - The communication industry is characterized by a high degree of market concentration, particularly among leading companies in optical communication and equipment integration [24][27]. - The report notes that traditional communication services are facing saturation, with new business areas becoming the core of competitive differentiation [28]. Innovation Capability Analysis - The report emphasizes the importance of policy support for technological advancements, particularly in AI, 6G, and satellite communication [31][32]. - Significant R&D investments are being directed towards AI and 6G technologies, with major companies like China Mobile leading initiatives in these areas [34]. Credit Rating Situation Analysis - The communication industry is witnessing a favorable credit environment, with a total bond issuance of 17.35 billion yuan in Q2 2025, primarily from leading companies [36][37]. - The report indicates that the dual barriers of technology and capital for leading firms will become more pronounced, reinforcing the trend towards market consolidation [36]. Cycle Development Outlook - The communication industry is expected to see revenue and profit growth, with cash flow recovery anticipated in Q3 2025 [38]. - The report forecasts a transition to an expansion phase driven by new infrastructure investments and a focus on domestic demand [39]. Key Segment Development Trends - The optical communication sector is evolving towards ultra-high-speed, intelligent, and integrated solutions, supporting the AI computing network [40]. - The commercialization of 5G-A and advancements in 6G technology are expected to enhance the capabilities of communication equipment integrators [41]. - Telecommunications services are anticipated to diversify, with new opportunities arising from the low-altitude economy and satellite internet developments [42].

为积极响应国家关于打击治理电信网络诈骗犯罪的号召，深入践行企业社会责任，切实提升高校学生群 体防骗识诈能力，9月20日下午，福州大学旗山校区迎来一场特殊的"安全课"。由福建联通联合福建省 通信管理局、福建省公安厅、福州大学共同主办的"警校企同心·反诈校园行"反诈宣传进校园活动在福 州大学旗山校区图书馆博学厅成功举办。 本次活动核心环节为福州市公安局资深干警带来的反诈知识专题讲座。高警官结合大学校园内高发 的"兼职刷单"、"冒充客服"、"出租出售电话卡成为电诈工具人"等真实典型案例，以案说法，深入浅出 地揭露了诈骗分子的常用伎俩和话术，并传授了实用的防范技巧和止损措施，警示同学们务必保持警 惕，保护好个人隐私信息和财产安全，赢得了在场师生的阵阵掌声。 抢答热潮掀起反诈"知识风暴" 当前，电信网络诈骗手法迭代迅速，大学生群体已成为诈骗分子重点瞄准的目标。福建联通积极发挥自 身在网络信息安全领域的技术优势与平台触达能力，组建"联通小福"反诈宣传志愿服务队，主动携手警 方与校方，旨在构建"警、校、企"三位一体的反诈宣防新格局，共同守护莘莘学子的财产安全和校园的 和谐稳定。 真实案例揭开诈骗"画皮" "防范电信网络诈骗 ...