8月25日，浙江绍兴的陈先生向澎湃公众互动平台"服务湃"反映称，他多年前在办理了一张上海联通手 机卡，该手机卡有3张"副卡"，共享"主卡"的流量和话费。近期他发现，"主卡"每个月莫名有一项套餐 外的217.9元扣费，这五年内一共扣了一万多元。 8月26日下午，中国联通上海营业厅投诉处理部门的工 作人员回应澎湃称，五年前，陈先生更换套餐时，把尾号"1111"的手机号单独变更成了159元的套餐， 其余三个号码（副卡）保留了共享套餐，共享套餐的价格为每月217.9元。中国联通可按每月60元标 准，退还过去一年的费用，共计720元。陈先生表示，他不认可只退费720元的解决方案。自2020年至 今，该账号一共被扣了一万多元，他希望联通能退还全部费用。（澎湃） ...

Core Viewpoint - The successful communication support provided by Heze Unicom during the National Rural E-commerce High-Quality Development Symposium highlights the importance of stable network infrastructure for large-scale events and the company's commitment to enhancing digital empowerment in rural revitalization [1][6]. Group 1: Communication Support Preparation - Heze Unicom established a communication support working group led by a company executive to ensure seamless network connectivity during the event [3]. - The working group communicated with government departments to gather essential information regarding the event's schedule, participant numbers, and live streaming requirements, which informed their communication strategy [3]. - Two main venues were identified for the event, and the working group conducted on-site assessments to evaluate network coverage and capacity needs [3]. Group 2: Strengthening Communication Assurance - The team tested fiber broadband networks and inspected surrounding base stations, adjusting antenna angles and transmission power to optimize signal coverage and quality [5]. - Maintenance personnel conducted thorough checks on critical equipment such as optical cables and optical distribution frames to ensure operational reliability [5]. - Emergency power supply vehicles were on standby to provide backup power to base stations in case of outages, further ensuring communication stability [5]. Group 3: Ensuring Network Stability - The event faced significant challenges with approximately 500 attendees using mobile networks, including 150 live streaming simultaneously, creating high network demand [6]. - Heze Unicom's communication support team effectively managed network resources and conducted signal interference checks to maintain stable operations [6]. - The successful execution of live streaming without delays or interruptions demonstrated the company's dedication to customer service and its role in supporting rural economic development through digital means [6].

Core Insights - The 2025 China Computing Power Conference showcased significant breakthroughs in computing power, including the "Jiuzhou" computing power optical network developed by China Mobile, achieving 10 EFLOPS, capable of performing 100 trillion calculations in one second [1] - The conference highlighted ten major advancements in China's computing industry, focusing on both core underlying technologies and ecological solutions that enhance efficiency and sustainability [1][2] - These advancements are expected to drive GDP growth by over 12.6 billion yuan, indicating a strong economic impact from the computing power sector [1] Group 1: Major Breakthroughs - China Mobile's "Jiuzhou" optical network is the world's largest 400G all-optical inter-provincial backbone network [1] - Shanxi Qineng's integrated platform for computing and electricity saves 10 million yuan in electricity costs annually and reduces carbon emissions by 100,000 tons [1] - Super Fusion's FusionOne AI solution enables rapid deployment of AI applications, with over 500 projects already implemented [1] Group 2: Collaborative Technologies - China Telecom's "Wide-area Intelligent Computing Lossless Networking Technology" allows efficient collaboration between distant data centers [2] - China Unicom's "Distributed Training and Inference Key Technology" ensures efficient and secure AI training while protecting data privacy [2] - Lenovo's "Comprehensive Large Model Training and Inference Solution" enhances model inference performance by ten times and enables rapid fault recovery [2] Group 3: Ecosystem Development - Alibaba Cloud's heterogeneous GPU cloud platform facilitates collaboration among different brands of domestic GPUs, supporting over 100 major projects [2] - ZTE's intelligent computing supernode system enables large-scale high-speed interconnection of domestic GPU cards, supporting training of models with over one trillion parameters [2] - Shanghai AI Laboratory's DeepLink solution allows large-scale mixed training across provinces, optimizing national computing resources [2][3]

8月25日，浙江绍兴的陈先生向澎湃公众互动平台"服务湃"（https://tousu.thepaper.cn）反映称，他多年 前在办理了一张上海联通手机卡，该手机卡有3张"副卡"，共享"主卡"的流量和话费。近期他发现，"主 卡"每个月莫名有一项套餐外的217.9元扣费，这五年内一共扣了一万多元。 8月26日下午，中国联通上海营业厅投诉处理部门的工作人员回应智通财经称，五年前，陈先生更换套 餐时，把尾号"1111"的手机号单独变更成了159元的套餐，其余三个号码（副卡）保留了共享套餐，共 享套餐的价格为每月217.9 元。中国联通可按每月60元标准，退还过去一年的费用，共计720元。 LUMA 让 赤 来 生 长 生效时间:2020.08.01 去领取 · 首月免月租+会员12选1 套餐资源 套餐说明 2 移网 套内资源 国内语音 700分钟 国内通用流量 40GB 套外计费规则 0.15元/分钟 国内语音 国内流量 3元/GB 国内短信 0.1元/条 国内彩信 0.1元/条 我的合约 217.9 元的扣费。本文图片由受访者提供 8月25日，陈先生告诉智通财经，2011年4月，他在办联通卡时，办理了每月398元 ...

Market Overview - The Hong Kong stock market failed to maintain its strong performance from the previous day, with all three major indices experiencing a collective adjustment. The Hang Seng Index fell by 1.18% or 304.99 points, closing at 25,524.92 points, with a total trading volume of HKD 31.78 billion. The Hang Seng China Enterprises Index decreased by 1.07% to 9,148.66 points, while the Hang Seng Tech Index dropped by 0.74% to 5,782.24 points [1] Blue-Chip Stocks Performance - CSPC Pharmaceutical Group (01093) led the decline among blue-chip stocks, falling by 4.33% to HKD 10.38, with a trading volume of HKD 1.797 billion, contributing a loss of 6.04 points to the Hang Seng Index. Bank of America Securities reported a 14.3% year-on-year decline in total revenue for CSPC in Q2, with attributable net profit down 24% to RMB 1.1 billion. The firm revised its revenue forecasts for 2025 to 2027 down by 25%, 2%, and 11% respectively [2] Sector Highlights - Large technology stocks mostly declined, with Alibaba down 2.57% and Tencent down 0.81%. Gold stocks surged, with China Gold International rising over 10%. Apple is expected to initiate a three-year innovation cycle, boosting related stocks like Lens Technology, which rose over 5%. Gaming stocks and some new consumption concepts performed well, with Melco International Development up over 9% [3][5] Federal Reserve Insights - Federal Reserve Chairman Jerome Powell indicated rising downside risks in the U.S. labor market, suggesting a potential policy adjustment could be appropriate. This statement is seen as a strong signal for a possible interest rate cut as early as September. The market reacted positively, particularly for precious metals, with expectations for further increases in gold prices [4] Gaming Sector Performance - The gaming sector continued its upward trend, with Melco International Development rising 9.27% to HKD 5.54. According to JPMorgan, Macau's gaming revenue for the first 24 days of August reached MOP 17.65 billion, with a daily average of MOP 735 million, reflecting a 9% increase from the previous week [6] Pharmaceutical Sector Challenges - The pharmaceutical sector faced pressure, with several stocks declining. Notably, CStone Pharmaceuticals (09966) fell 6.74% to HKD 10.24. U.S. President Trump's announcement to drastically reduce drug prices could create significant challenges for the global pharmaceutical industry, presenting both opportunities and risks for Chinese biotech stocks [6] Notable Stock Movements - Double Ended Co. (06960) debuted with a 31.29% increase, closing at HKD 19.05. The company focuses on energy storage solutions in the data and communication sectors, with a projected market share of 11.1% by 2024 [7] - Kingsoft Holdings (03918) reached a new high, rising 17.94% to HKD 5.72, reporting a 16.76% year-on-year revenue increase to USD 342 million [8] - Angelalign Technology (06699) saw a 10.28% increase to HKD 75.1, with a 33.1% year-on-year revenue growth reported [9] - Meitu Inc. (01357) rose 7.9% to HKD 11.47 after being included in the MSCI China Index, with Morgan Stanley expressing confidence in its long-term growth potential [10] - Xintai Medical (02291) experienced a significant drop of 12.75% to HKD 23.96 following a major shareholder's sale of shares [11]

近日，吉林联通协同长春公安汽开分局上演反诈 "闪电战"，依托 VOIP 监测技术锁定线索，仅用 24 小时便成功抓获 利用居民固定电话实施诈骗的嫌疑人王某，一举斩断为境外电诈团伙提供通信支持的犯罪链条。 8 月 21 日，吉林联通监测出 VOIP 异常线索：汽开区多地居民座机被非法安装"小黑盒"，沦为诈骗 "工具"。公司迅速 启动反诈应急机制，凭借通信数据深度分析能力，为警方精准还原嫌疑人作案手法与活动轨迹，汽开公安分局通过实 地走访、人像比对，快速锁定嫌疑人王某身份及落脚点。 为防止嫌疑人拆设备逃跑，吉林联通与警方量身制定抓捕方案 —通过精准控制涉案座机停机时间 "引蛇出洞"。8 月 22 日，王某果然现身欲拆除设备，被埋伏民警当场抓获。 经审，王某交代其自 8 月初起，冒充运营商工作人员，在汽开区、绿园区上门安装 8处VOIP设备，通过诈骗软件接收 上线指令，为境外电诈团伙伪装本地号码拨打诈骗电话提供支持。 此次破案是吉林联通 "技术预警 + 警企联动" 反诈模式的又一成果。目前，吉林联通已构建 "实时监测 - 快速响应 - 专 业处置" 反诈体系，未来将持续强化技术防控，深化警企协作。同时提醒市民：遇上 ...

Core Insights - China United Network Communications Group Co., Ltd. and its subsidiaries have obtained a patent for a "cloud platform service quality detection method, device, equipment, and storage medium" with the announcement number CN116743647B, applied on June 2023 [1] Company Overview - China United Network Communications Group Co., Ltd. was established in 1994 and is based in Beijing, primarily engaged in telecommunications, broadcasting, television, and satellite transmission services. The registered capital is approximately 10.48 billion RMB. The company has invested in 35 enterprises, participated in 3,189 bidding projects, holds 3,738 trademark records, and has 5,000 patent records, along with 11 administrative licenses [1] - Unicom Digital Technology Co., Ltd. was founded in 2006 and is also located in Beijing, focusing on software and information technology services. The registered capital is approximately 988.98 million RMB. The company has invested in 54 enterprises, participated in 5,000 bidding projects, holds 24 trademark records, and has 1,837 patent records, along with 42 administrative licenses [1] - Unicom Cloud Data Co., Ltd. was established in 2013, based in Beijing, and primarily engaged in internet and related services. The registered capital is approximately 400 million RMB. The company has invested in 1 enterprise, participated in 2,176 bidding projects, holds 676 patent records, and has 11 administrative licenses [2]

Core Insights - The integration of 5G and gigabit broadband is transforming traditional agricultural production and sales models in Shandong's Caoxian County, known as the "Hometown of Asparagus" [3][5] - The local asparagus industry is experiencing significant economic benefits, with farmers reporting substantial daily incomes from their harvests, facilitated by real-time e-commerce and live streaming [3][5] Group 1: Agricultural Production - The asparagus planting area in Caoxian has reached 100,000 acres, accounting for 16% of the national total, with an annual production of 120,000 tons of high-quality asparagus [5] - Farmers are utilizing IoT devices to monitor soil conditions, allowing for scientific adjustments in planting strategies to enhance yield and quality [5] - Agricultural experts provide remote guidance through high-definition video, improving farmers' pest control and fertilization techniques [5] Group 2: Economic Impact - Farmers like Mr. Zhang and Ms. Su are leveraging 5G technology for live streaming their harvests, resulting in increased consumer trust and sales [3] - Ms. Su's expected income from her 5 acres of asparagus is nearly 75,000 yuan, based on an anticipated yield of over 3,000 pounds per acre [3] - The asparagus processing industry in Caoxian includes over 10 large-scale processing enterprises, with an annual processing capacity of 150,000 tons, creating jobs for around 100,000 people [7] Group 3: Future Development - The local government aims to expand asparagus cultivation as a key strategy for agricultural restructuring and rural revitalization [5] - The combination of wireless and wired networks ensures seamless connectivity from the field to the market, enhancing e-commerce operations and smart agricultural management [5] - Future plans include promoting the asparagus industry towards scale, industrialization, and branding, thereby increasing product value [9]

Core Viewpoint - The article highlights the ongoing issue of deceptive marketing practices by telecom operators in China, where consumers are misled into upgrading their service plans under the guise of "free upgrades," resulting in increased monthly charges [1][3][7]. Group 1: Telecom Operators' Response - The three major telecom operators in China have announced a unified approach to combat misleading marketing calls by using official numbers for promotions, aiming to help consumers identify legitimate marketing channels [1][2]. - Despite the operators' statements, complaints related to telecom service plans continue to rise, with over 65,000 complaints recorded on consumer platforms regarding issues with service charges and plan changes [2]. Group 2: Nature of Deceptive Practices - Consumers often receive calls claiming to offer lower-cost plans, but these calls frequently result in higher charges due to hidden fees or changes in service plans that are not clearly communicated [3][4]. - A common tactic involves presenting a plan that appears cheaper but actually increases the total monthly cost when additional services are included, effectively manipulating consumer perceptions [3][4]. Group 3: Structure of Marketing Practices - The telecom industry is structured into three main components: the company headquarters, retail stores, and third-party channel partners, with the latter often responsible for aggressive marketing tactics [4][5]. - External call agents, who are under pressure to meet sales targets, typically lack comprehensive knowledge of the plans they are selling, focusing solely on pushing sales rather than providing accurate information [5][6]. Group 4: Consumer Experience and Challenges - Consumers face significant challenges in canceling or downgrading plans, as the process is often complicated and time-consuming, leading to frustration and increased costs [3][6]. - The system is designed in such a way that external agents can only increase service plans, while retail staff have limited authority to reduce plans, creating a barrier for consumers seeking to lower their expenses [6][7]. Group 5: Implications for the Industry - The article suggests that the telecom operators are aware of these deceptive practices but continue to allow them to persist, effectively placing the burden of accountability on consumers [7][8]. - The ongoing issue of unsolicited marketing calls indicates that these practices are likely to continue, as the operators gamble on consumers' ability to recognize and report such tactics [8].

Investment Strategy - Concerns over Nvidia's security may accelerate the replacement of domestic chips, creating a vacuum in the supply of computing chips in China. Recent advancements in domestic computing cards are expected to drive rapid development in the related industry chain. Nvidia's H20 computing chip has been reported to have serious security issues, which could negatively impact its future orders in the Chinese market. In 2024, over 50% of the data center accelerator cards in China are expected to be inference cards, with domestic computing cards projected to account for over 40% by the first half of 2025. The domestic accelerated computing server market is expected to grow by 97.3% year-on-year in 2024 and by 52.9% in 2025 [10][12][13] - The release of DeepSeek-V3.1 is expected to enhance the usability of domestic computing cards in large model applications. The V3.1 version supports UE8M0 FP8 precision, which significantly reduces storage and improves computational throughput compared to traditional FP16 and FP32 formats. This advancement is anticipated to lead to a qualitative leap in the application of domestic computing cards [11][14] - The demand for computing infrastructure from operators and cloud vendors is clear, with capital expenditures expected to increase in the second half of the year. The three major operators reported good growth in computing-related business revenues, with China Telecom's cloud service revenue at 57.3 billion yuan, China Unicom's at 37.6 billion yuan, and China Mobile's at 56.1 billion yuan. Capital expenditures for the first half of 2025 are projected to be 494 billion yuan for China Telecom, 348 billion yuan for China Unicom, and 928 billion yuan for China Mobile, accounting for 59.1%, 63.3%, and 61.4% of their annual expenditures respectively [12][13][18] Industry News - The successful launch of the low-orbit satellite internet 09 group marks a significant step in China's satellite internet development, with the country entering a high-density launch phase. This mission was the 590th flight of the Long March series of rockets, and it is expected to enhance the satellite internet network [15][16] - The budget for the 2025 rocket launch service procurement project by Shanghai Yuanxin Satellite Technology Co., Ltd. is approximately 1.336 billion yuan, with a focus on launching 94 satellites across seven missions. This indicates a growing emphasis on satellite internet and commercial space development in China [16][17] - Capital expenditures by the three major operators in the first half of 2025 were the lowest in recent years, totaling 112.8 billion yuan, a decrease of 16.5% year-on-year. However, there is an expectation of increased investment in AI and computing infrastructure in the second half of the year, which could significantly boost the domestic computing chain [18][19] Weekly Review and Focus - The communication sector saw a significant increase of 10.47% this week, outperforming major indices. The IDC and optical module sectors continued to lead gains, with increases of 14.59% and 14.41% respectively. The overall performance of the communication sector suggests strong investment opportunities in domestic computing chains and satellite internet [19][20]