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。 ZTE CORPORATION 中興通訊股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 海外監管公告 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。 茲載列中興通訊股份有限公司（「本公司」）在深圳證券交易所網站發布的以下公 告全文，僅供參閱。 承董事會命 方榕 董事長 深圳，中國 二零二五年十二月十二日 於本公告日期，本公司董事會包括執行董事：徐子陽；非執行董事：方榕、閆俊武、 諸為民、張洪；獨立非執行董事：莊堅勝、王清剛、徐奇鵬；以及職工董事：李妙娜。 （股份代號：00763） 中兴通讯股份有限公司 第十届董事会第十七次会议决议公告 本公司及董事会全体成员保证董事会决议公告的内容真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 经中兴通讯股份有限公司（以下简称"公司"或"中兴通讯"）董事会全体 董事一致同意，豁免第十届董事会第十七次会议（以下简称"本次会议"） ...

证券代码（A/H）：000063/00763 证券简称（A/H）：中兴通讯 公告编号：202568 表决情况：同意 9 票，反对 0 票，弃权 0 票。 具体情况详见与本公告同日发布的《关于回购公司 A 股股份方案的公告暨 回购报告书》。 特此公告。 中兴通讯股份有限公司董事会 2025 年 12 月 12 日 中兴通讯股份有限公司 第十届董事会第十七次会议决议公告 本公司及董事会全体成员保证董事会决议公告的内容真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 经中兴通讯股份有限公司（以下简称"公司"或"中兴通讯"）董事会全体 董事一致同意，豁免第十届董事会第十七次会议（以下简称"本次会议"）的通 知时间要求。公司于 2025 年 12 月 12 日以电子邮件的方式向公司全体董事发出 了《关于召开第十届董事会第十七次会议的通知》。2025 年 12 月 12 日，本次会 议以通讯表决方式召开，应表决董事 9 名，实际表决董事 9 名。本次会议的召开 符合有关法律、行政法规、部门规章和《中兴通讯股份有限公司章程》的有关规 定，会议合法、有效。 本次会议审议通过《关于以集中竞价交易方式回购公司A股股份方案 ...

证券代码（A/H）：000063/00763 证券简称(A/H)：中兴通讯 公告编号：202569 中兴通讯股份有限公司 关于回购公司 A 股股份方案的公告暨回购报告书 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导性陈述 或重大遗漏。 重要内容提示： 拟回购股份的种类、用途、价格区间、数量、占公司总股本的比例、实施期限、拟用于回 购的资金总额及资金来源等基本情况 中兴通讯股份有限公司（以下简称"公司"或"本公司"）拟使用自有资金以集中竞价交易方 式回购公司A股股份（以下简称"本次回购"），用于实施公司员工持股计划或者股权激励。本次回购 资金总额为不低于人民币10亿元且不超过人民币12亿元（均包含本数）。按照回购资金上限人民币12 亿元、回购A股股份价格上限人民币63.09元/股测算，公司本次回购股份数量约为1,902.04万股，约 占公司目前总股本的0.40%。具体回购股份的数量以回购期满时实际回购的股份数量为准。本次回购 期限自董事会审议通过本次回购方案之日起12个月内。 公司已在中国证券登记结算有限责任公司深圳分公司开立了回购股份专用证券账户。 相关股东暂无增减持计划 截至 ...

早上好，新的一天又开始了。在过去的24小时内，科技行业发生了哪些有意思的事情？来跟21tech一起 看看吧。 【巨头风向标】 OpenAI发布GPT最新升级版本GPT-5.2 当地时间今天凌晨，OpenAI发布其人工智能模型GPT的最新升级版本GPT-5.2，以应对生成式人工智能 领域日趋激烈的竞争。据介绍，这是迄今为止最强大的专业知识工作模型系列。设计GPT-5.2的目的， 是为人们释放更多经济价值；它在创建电子表格、制作演示文稿、编写代码、图像识别、理解长文本、 使用工具以及处理复杂的多步骤项目方面表现更为出色。GPT-5.2在涵盖44种职业的明确知识工作任务 上表现优于行业专业人士。 21世纪经济报道新质生产力研究院综合报道 马斯克暗示启动史上最大IPO 12月11日，SpaceX创始人马斯克回应Ars Technica资深编辑Eric Berger对于公司正转向公开市场的文章 称："Eric一如既往地准确。"这一表态，被外界解读为马斯克暗示SpaceX可能上市。他还于12月6日发 文佐证了SpaceX的财务健康程度："SpaceX多年来一直保持正向现金流，并每年进行两次定期股票回 购，以向员工和投资者 ...

Core Viewpoint - ZTE Corporation is facing significant challenges due to potential payments exceeding $1 billion to the U.S. government related to overseas bribery allegations, leading to a sharp decline in stock prices and market capitalization [1][2]. Group 1: Financial Performance and Compliance Issues - On December 11, ZTE's stock hit the limit down, closing at 37.82 yuan per share, with a market value of 180.9 billion yuan [1]. - ZTE has previously faced compliance issues, including a $2.29 billion fine in 2018 for violating U.S. export control laws, which resulted in losses of 2.357 billion yuan in 2016 and 6.984 billion yuan in 2018 [2]. - The company is currently in communication with the U.S. Department of Justice regarding compliance investigations and emphasizes its commitment to a robust compliance system [1][4]. Group 2: Leadership and Strategic Transition - In March 2023, Fang Rong became ZTE's first female chairperson, succeeding Li Zixue, who led the company through a recovery phase post-U.S. sanctions [3][4]. - Under Li's leadership, ZTE shifted its strategy from "full connectivity" to "connectivity + computing power," aiming to transform its business model [3][4]. Group 3: Business Performance and Market Trends - ZTE's traditional telecom business is under pressure, with a decline in revenue from operator network services by 15.02% and 5.99% year-on-year in 2022 and the first half of 2023, respectively [6]. - The company's computing power business has seen rapid growth, with a 180% year-on-year increase in revenue, accounting for 25% of total revenue [6][7]. - Despite the growth in computing power, the overall gross margin has decreased, with the company's gross margin at 32.45% and the computing power segment's gross margin at only 8.27% [6][7]. Group 4: Future Focus and Challenges - ZTE aims to enhance the profitability of its computing power business through increased revenue scale, higher self-research ratios, and expanding into solution sales [7]. - The computing power industry is characterized by intense competition, with ZTE developing its own chips to improve profitability [7].

来源：格隆汇APP | 代码 | 名称 | | 涨跌幅 ^ | 最新价 | 总市值 | 年初至今涨跌 | | --- | --- | --- | --- | --- | --- | --- | | 01347 | 华虹半导体 | 0 | -3.73% | 69.700 | 1209.99亿 | 221.94% | | 02658 | 天域半导体 | | -3.19% | 44.300 | 174.22亿 | -23.62% | | 02577 | 英语塞科 | | -3.23% | 76.350 | 698.68 Z | 144.32% | | 00522 | ASMPT | | -2.22% | 77.100 | 322.09亿 | 3.74% | | 06908 | 宏光半导体 | | -1.96% | 0.500 | 4.69亿 | -25.37% | | 00981 | 中心国际 | | -1.64% | 66.050 | 5284.2亿 | 107.70% | | 01385 | 上海复日 | | -1.29% | 39.920 | 327.91亿 | 165.56% | | 00763 | 中兴通 ...

Market Overview - On December 12, 2025, A-shares experienced a collective decline, with the STAR 50 index leading the drop at 1.55%. The Shanghai Composite Index fell by 0.7% to 3873.32 points, while the Shenzhen Component Index decreased by 1.27% and the ChiNext Index dropped by 1.41%. A total of 752 stocks rose, while 4374 stocks fell, with a combined trading volume of 1.86 trillion yuan, an increase of approximately 78.6 billion yuan compared to the previous trading day [1]. Popular Stocks - The top ten popular stocks on December 12, 2025, included Aerospace Power, Snowman Group, Yonghui Superstores, Moer Thread-U, Galaxy Electronics, ZTE Corporation, Yongding Co., Annie Co., Zaiseng Technology, and Zhongchao Holdings [2]. Company Insights - Aerospace Power is benefiting from the rising interest in the commercial aerospace sector and its own business development. As a core liquid propulsion technology platform under the Aerospace Science and Technology Group, it is deeply involved in the development of scientific satellite propulsion systems and control engines for space exploration. The company has also successfully attracted six strategic investors, raising 300 million yuan to enhance its capabilities [3]. - Snowman Group is experiencing a boost from multiple trending concepts, including the winter economy and hydrogen energy. As a supplier of ice and snow equipment, it aligns with seasonal themes, while its involvement in cutting-edge concepts like controlled nuclear fusion adds to its appeal [3]. - Yonghui Superstores is actively pursuing transformation and upgrades amid operational pressures. The company is implementing innovative measures such as the "Fat Donglai" model store adjustments and is benefiting from the growth of the prepared food sector due to consumer upgrades and supportive retail policies. The significant operations by well-known speculative funds have also attracted market attention [3]. - Moer Thread-U, recognized as the "first domestic GPU stock," holds unique value due to its status as the first company in China to achieve mass production of full-function GPUs. Its business spans general-purpose GPUs and AI computing cards, and the absence of price limits in the first five trading days post-IPO has provided opportunities for speculative trading [3]. - Galaxy Electronics is positioned well within several hot market themes, including military information technology and satellite internet. The company is involved in bidding for the Geospace Aerospace capital increase project and benefits from being a supplier for multiple military branches, which enhances its business advantages [4]. - ZTE Corporation is driven by AI-related themes and is under scrutiny for compliance issues. The company is collaborating with ByteDance to develop AI smartphones, which has led to significant revenue growth in AI server-related businesses. Ongoing discussions with the U.S. Department of Justice regarding compliance investigations have also sparked market discussions [4]. - Yongding Co. is benefiting from industry tailwinds in superconductivity and controlled nuclear fusion. Recent announcements regarding Sino-French nuclear cooperation and breakthroughs in nickel-based superconductors have boosted sentiment in the sector. The company specializes in second-generation high-temperature superconducting materials and is involved in the mass production of optical modules and applications in controlled nuclear fusion [4]. - Annie Co. is influenced by changes in control and multiple thematic resonances. The company's controlling shareholder has changed to a firm focused on "industry intelligence and embodied intelligence," and it is involved in popular themes such as data elements and intellectual property protection. As a stock linked to the Fujian Free Trade Zone and cross-strait concepts, it forms a synergistic effect with data security and intellectual property sectors [4].

Group 1 - OpenAI has launched the new model GPT-5.2, which is now available for paid users and API access, following the competitive pressure from Google's Gemini 3 [2] - The release of GPT-5.2 comes less than a month after GPT-5.1, indicating a rapid development cycle in response to market competition [2] - The core focus of GPT-5.2 is to enhance workplace efficiency, with capabilities including creating spreadsheets, writing presentations, coding, analyzing images, and reading long texts [2] Group 2 - Bilibili has denied rumors that all video content will require a paid membership starting March 1, 2026, and stated that they will pursue legal action against those spreading false information [3] - ZTE Corporation has issued a statement opposing all forms of corruption and is in communication with the U.S. Department of Justice regarding related matters, asserting that its operations remain normal [3] Group 3 - JD Industrial has officially listed on the Hong Kong Stock Exchange with a public offering price set at HKD 14.1 per share, aiming to raise approximately HKD 28.27 billion [4][5] - Xiaomi has announced the launch of its first self-produced central air conditioning unit, designed for larger homes and high-end users, with a total of five configurations available [5] Group 4 - Apple's first smart glasses, Apple Glasses, are expected to be released in 2026, with a likely announcement at the WWDC, and will rely on the iPhone for certain functionalities [6] - The HarmonyOS version of WeChat Moments now supports sending and viewing live photos, with over 27 million installations reported [6] Group 5 - Leap Motor's CEO and a shareholder have purchased a total of 215,060 shares at an average price of HKD 50.51, amounting to over HKD 100 million, reflecting management's confidence in the company's future [6] Group 6 - QQ has introduced an AI summary feature for group chats, allowing users to quickly grasp key points from dense conversations [7] - Elon Musk has praised Tencent's ability to identify and invest in promising gaming studios, highlighting their success in the Western gaming market [7] Group 7 - The China Association of Automobile Manufacturers reported that in November, automobile production and sales continued to show strong growth, with monthly production exceeding 3.5 million vehicles, a historical high [9] - For the first 11 months of the year, both production and sales of automobiles surpassed 31 million units, with year-on-year growth exceeding 10% [9] Group 8 - The scale of the vehicle trade-in program is expected to exceed 180 billion yuan in 2025, driven by strong subsidies and tax incentives for new energy vehicles [10] - The expected growth in the automotive market is supported by nearly 400 billion yuan in tax exemptions and subsidies, indicating a significant increase in sales [10]

第一财经每日早间精选热点新闻，点击「听新闻」，一键收听。 【今日推荐】 中央经济工作会议最新信号，结构性货币政策工具"加量降价"可期 中央经济工作会议中关于2026年货币政策延续适度宽松的基调，显示出宏观政策保持很强的连续性、稳 定性。除了总量政策提出运用降准降息外，会议还要求畅通货币政策传导机制，引导金融机构加力支持 扩大内需、科技创新、中小微企业等重点领域。 泽连斯基：若获安全保障 愿支持在战时举行大选 当地时间11日，乌克兰总统泽连斯基在会见记者时表示，在获得国际伙伴提供充分安全保障前提下，他 愿意支持在战时状态下举行大选，并已要求议员着手准备相关立法修订。泽连斯基在与记者会面时表 示，"最重要的是确保选举的合法性。如果我们的合作伙伴能够帮助我们在安全条件下、在合理时间内 组织选举，我将予以支持。为避免这仅仅成为我发出的一个媒体信号，我已正式请求乌克兰议员起草允 许在战时状态期间举行选举的法律修正案。"泽连斯基强调，当前关键目标是以乌克兰的强势地位结束 冲突。 马斯克：若重来，不会领导"政府效率部" 美国电动车制造商特斯拉公司、太空探索技术公司创始人埃隆·马斯克日前表示，如果重来，他不会领 导"政府效率 ...

1、 中央经济工作会议在北京举行，定调明年经济工作，强调要继续实施更加积极的财政政策，保持必要的财政赤字、债务总规模和支出总量，重视解决 地方财政困难。 要继续实施适度宽松的货币政策，灵活高效运用降准降息等多种政策工具。会议确定8方面重点任务，提出要优化"两新"政策实施，清理 消费领域不合理限制措施。推动投资止跌回稳，适当增加中央预算内投资规模。坚持创新驱动，深化拓展"人工智能 "。深入整治"内卷式"竞争。加快新 型能源体系建设，扩大绿电应用。倡导积极婚育观，努力稳定新出生人口规模。着力稳定房地产市场，因城施策控增量、去库存、优供给，鼓励收购存量 商品房重点用于保障性住房等。多措并举化解地方政府融资平台经营性债务风险。 1、 国务院台办发言人陈斌华表示，统一是台湾前途的唯一方向。 当前反对"台独"分裂的斗争不是制度之争，而是统一和分裂的斗争、正义与邪恶的对 抗。我们愿意为和平统一创造广阔空间，但决不为任何形式的"台独"分裂行径留下任何余地。 2、墨西哥将从明年起对中国和其他亚洲国家的部分产品征收5%到50%的关税。 商务部新闻发言人表示，希望墨方及早纠正错误做法。为维护中国相关产 业利益，商务部已于9月底依法 ...