Group 1 - The 2025 Service Trade Fair will be held from September 10 to 14 at Shougang Park in Beijing, featuring a "5G Smart Connection Global · Beijing Colorful Service" information and communication theme exhibition [1] - The exhibition showcases significant achievements in 5G network construction, technological innovation, and integrated application services since the commercial launch of 5G in China, with participation from major global companies like China Telecom, China Mobile, China Unicom, and China Tower [1] - The theme exhibition includes ten experiential scenarios such as smart customs clearance, communication services, smart travel, and intelligent accommodation, highlighting the international facilitation level of communication service trade [1] Group 2 - The exhibition features a unique dual narrative: a 30-year 'time comparison' showcasing the evolution of information and communication technology, and an 'insider perspective' from international guests sharing their experiences in China [2] - Interactive experiences are central to the exhibition, with a full-chain scenario covering entry and exit services, transportation, work, and home life, enhanced by a task-based engagement model and AI-guided robot tours [2]

Core Viewpoint - The launch of the iPhone Air, featuring eSIM technology, is expected to stimulate demand for new mobile devices and potentially trigger a wave of upgrades in the smartphone market [4][6]. Group 1: eSIM Technology Overview - eSIM, or embedded SIM, is a new generation SIM card standard that allows for remote configuration and management of mobile networks without the need for a physical SIM card slot [4]. - The introduction of eSIM in the iPhone Air is seen as a significant move that could lead to increased adoption of eSIM technology across the industry [4][5]. Group 2: Market Impact and Industry Response - The iPhone Air's adoption of eSIM technology is anticipated to drive domestic smartphone manufacturers to follow suit, potentially leading to a new wave of smartphone upgrades [4]. - Industry experts express caution, noting that the complexity of eSIM activation compared to traditional SIM cards may affect user acceptance [4][5]. Group 3: Current State of eSIM in China - Currently, China Unicom is the only supported operator for iPhone eSIM in mainland China, while China Mobile and China Telecom are preparing to launch their eSIM services [2][3]. - The domestic eSIM ecosystem has developed a complete supply chain, covering chips, modules, platforms, and operators, and is applicable in various sectors including consumer electronics and IoT [4][5]. Group 4: Company Developments in eSIM - Unisoc Microelectronics is a leading player in the domestic eSIM market, with solutions already in commercial use across multiple countries and supporting over 400 operators [6]. - Hengbao Co., Ltd. has reported that its eSIM technology covers consumer electronics and IoT devices, aligning with global eSIM standards [6]. - Chutianlong Co., Ltd. is enhancing its eSIM product line and service capabilities to expand its domestic and international business [7].

Investment Rating - The report maintains a "Recommended" rating for the satellite communication industry [3]. Core Insights - The satellite communication sector is evolving from traditional voice and emergency connections to a composite infrastructure upgrade that integrates "communication + computing power + data" [6]. - The approval of mobile satellite communication licenses for major telecom operators like China Unicom accelerates the formation of the satellite communication landscape, enhancing service offerings in emergency, maritime, and remote area communications [5][6]. - The industry is expected to see significant market expansion, with both To C and To B models driving satellite applications [6]. Summary by Sections Industry Overview - The satellite industry encompasses manufacturing, launching, operational services, and ground equipment, forming a complete closed loop from spacecraft development to commercialization [5]. - According to SIA statistics, in 2024, the global revenue distribution for satellite industry segments is as follows: 3.2% for launching, 6.8% for manufacturing, 37.0% for operational services, and 53.0% for ground equipment manufacturing, indicating a shift towards downstream applications and terminal segments [5]. Business Models - The report identifies three main business directions for satellite operations: 1. Space computing power leasing services, acting as a "space data center" to provide edge computing capabilities [2]. 2. Space communication and the "Star Cable Plan," which aims to create a low-latency, high-security cross-domain transmission network [2]. 3. Monetization of intelligent data assets through applications in various industries, forming a "Data as a Service (DaaS)" model [2]. Investment Recommendations - The report suggests focusing on companies such as Putian Technology, Tongyu Communication, Zhenyou Technology, Jinxinno, Zongheng Communication, Zhenxin Technology, Shanghai Hantong, and Shunhao Co., Ltd. as potential investment opportunities in the satellite communication sector [6].

Investment Rating - The report maintains a "Recommended" rating for the satellite communication industry [3]. Core Insights - The satellite communication sector is evolving from traditional voice and emergency connections to a composite infrastructure that integrates "communication + computing + data" [6]. - The recent issuance of satellite mobile communication licenses to China Unicom accelerates the formation of the satellite communication landscape among major telecom operators, enhancing service offerings in emergency communication, maritime communication, and remote area connectivity [5][6]. - The industry is witnessing a shift in value distribution towards downstream applications and terminal segments, with the commercial exploration of operational and service models being crucial for future development [5]. Summary by Sections Industry Overview - The satellite industry encompasses four main segments: manufacturing, launching, operational services, and ground equipment, forming a complete closed loop from spacecraft development to commercial application [5]. - According to the Satellite Industry Association (SIA), the global revenue distribution for 2024 is projected as follows: 3.2% for satellite launching, 6.8% for manufacturing, 37.0% for operational services, and 53.0% for ground equipment manufacturing, indicating a trend towards downstream application and terminal segments [5]. Business Models - The report identifies three major business directions for satellite operations: 1. Space computing leasing services, where satellite constellations act as "space data centers" providing edge computing capabilities [2]. 2. Space communication and the "Star Cable Plan," which aims to create a low-latency, high-security cross-domain transmission network [2]. 3. Monetization of intelligent data assets, transforming collected data into commercial value across various industries [2]. Investment Recommendations - The report suggests focusing on companies such as Putian Technology, Tongyu Communication, Zhenyou Technology, Jinxinno, Zongheng Communication, Zhenxin Technology, Shanghai Hantong, Shunhao Co., and Hangyu Micro [6].

Core Viewpoint - Apple's annual event on September 10 introduced the iPhone Air, which exclusively supports eSIM technology, raising significant attention in the market [2][4]. Group 1: eSIM Technology Overview - The iPhone Air can only be activated through eSIM, making it incompatible with physical SIM cards. Users must choose a carrier that offers eSIM services and obtain a corresponding mobile service plan [4]. - eSIM technology allows for remote configuration of multiple carrier profiles, saving internal device space and enhancing user connectivity management. This technology is increasingly important as traditional SIM card growth plateaus [7][10]. Group 2: Current Market and Regulatory Landscape - In China, only China Unicom currently supports eSIM for the iPhone Air, while China Mobile and China Telecom are preparing to offer eSIM services and have submitted applications to the Ministry of Industry and Information Technology [6][18]. - China Unicom has been a leader in promoting eSIM, having launched eSIM services in 25 provinces and cities, and has previously collaborated with Huawei and Apple for eSIM-enabled devices [11]. Group 3: Future Prospects and Challenges - Despite the push for eSIM, its adoption has been slow, with applications primarily in wearables rather than smartphones. The industry aims to eliminate physical SIM slots to enhance device design and performance [10]. - Regulatory bodies have paused eSIM services due to security concerns, but there are indications that the three major Chinese telecom operators plan to fully restart eSIM services by the end of the year [15][18].

Investment Rating - The report maintains a "Recommended" rating for the satellite communication industry [3]. Core Insights - The satellite communication sector is evolving from traditional voice and emergency connections to a composite infrastructure upgrade that integrates "communication + computing power + data" [6]. - The approval of mobile satellite communication licenses for major telecom operators like China Unicom accelerates the formation of the satellite communication landscape, enhancing service offerings in emergency, maritime, and remote area communications [5][6]. - The industry is witnessing a shift in value distribution towards downstream applications and terminal segments, with the commercial exploration of operational and service models being crucial for future development [5]. Summary by Sections Industry Overview - The satellite industry encompasses four main segments: manufacturing, launching, operational services, and ground equipment, with the revenue distribution in 2024 being 3.2% for launching, 6.8% for manufacturing, 37.0% for operational services, and 53.0% for ground equipment [5]. Business Models - The report identifies three major business directions for satellite operations: 1. Space computing power leasing services, acting as "space data centers" to provide edge computing capabilities [2]. 2. Space communication and the "Star Cable Plan," creating low-latency, high-security cross-domain transmission networks [2]. 3. Monetization of intelligent data assets through applications in various industries, forming a "Data as a Service (DaaS)" model [2]. Investment Recommendations - The report suggests focusing on companies such as Putian Technology, Tongyu Communication, Zhenyou Technology, and others as potential investment opportunities in the satellite communication sector [6].

Group 1 - The core viewpoint of the article is the strategic partnership between Haiguang Information and China Unicom Software Research Institute, focusing on the establishment of a joint innovation laboratory to address key demands in the digital transformation of the telecommunications industry [1] Group 2 - The collaboration aims to conduct in-depth cooperation and technological breakthroughs in multiple directions within the telecommunications sector [1]

Group 1 - The 20th China Timber Products Trade Fair will be held from September 19 to 21 at the Zhuangzhai Timber Products Industrial Park in Caoxian [1] - Heze Unicom has established a special working group led by the deputy general manager to ensure effective communication network support during the event [1][3] - A comprehensive mobile signal strength test was conducted on the A and B exhibition halls to assess current communication coverage and inform optimization plans [3] Group 2 - Heze Unicom initiated a special inspection of optical cables due to potential impacts from renovations, ensuring the integrity and performance of core communication links [3] - To accommodate the expected increase in data transmission needs during the event, Heze Unicom will add one 5G sector in each of the A and B exhibition halls [3] - The company aims to provide high-speed and smooth network services for participants, enhancing the overall communication experience during the fair [3][5] Group 3 - Heze Unicom recognizes the significance of the trade fair in promoting regional forestry industry exchanges and supporting local economic development [5] - The company has implemented strict quality control measures throughout the preparation process, from signal surveys to equipment debugging [5] - Professional technical personnel will be on-site 24/7 during the event to monitor network status and respond to any emergencies promptly [5]

Group 1 - China Unicom (Hong Kong) announced a tender for the "2025 Xinjiang Unicom Yili Branch Comprehensive Maintenance Service Procurement Project" with a budget of 10.6245 million yuan [1] - The project is set to be published on September 10, 2025 [1] - China Unicom (Hong Kong) fully owns the company that issued the tender [1]

Investment Rating - The report maintains a "Recommended" rating for the satellite communication industry [3]. Core Insights - The satellite communication sector is evolving from traditional voice and emergency connections to a composite infrastructure upgrade that integrates "communication + computing power + data" [6]. - The approval of mobile satellite communication licenses for major telecom operators like China Unicom is accelerating the formation of the satellite communication landscape, enhancing service offerings in emergency communication, maritime communication, and remote area connectivity [5][6]. - The industry is witnessing a shift in value distribution towards downstream applications and terminal segments, with the commercial exploration of operational and service models being central to future development [5]. Summary by Sections Industry Overview - The satellite industry encompasses manufacturing, launching, operational services, and ground equipment, forming a complete closed loop from spacecraft development to commercialization [5]. - According to the Satellite Industry Association (SIA), the global revenue distribution for satellite launch, manufacturing, operational services, and ground equipment in 2024 is projected to be 3.2%, 6.8%, 37.0%, and 53.0% respectively, indicating a shift towards downstream applications [5]. Business Models - The report identifies three main business directions for satellite operations: 1. Space computing power leasing services, acting as a "space data center" to provide edge computing capabilities [2]. 2. Space communication and the "Star Cable Plan," which aims to create a low-latency, high-security cross-domain transmission network [2]. 3. Monetization of intelligent data assets through applications in various industries, forming a "Data as a Service (DaaS)" model [2]. Investment Recommendations - The report suggests focusing on companies such as Putian Technology, Tongyu Communication, Zhenyou Technology, Jinxinno, Zongheng Communication, Zhenxin Technology, Shanghai Hantong, and Shunhao Co., Ltd. as potential investment opportunities in the satellite communication sector [6].