Core Viewpoint - The meeting emphasized the importance of establishing a cross-border ethical and security governance system for artificial intelligence (AI) in the context of China-ASEAN cooperation, aiming to enhance people's well-being and regional prosperity while ensuring safety [1][3]. Group 1: Meeting Highlights - The meeting was chaired by Chen Gang, the Secretary of the Autonomous Region Party Committee, focusing on the implementation of Xi Jinping's important discussions on AI development and the specific requirements for Guangxi's work [1]. - Key participants included academicians and industry leaders who provided insights on constructing an ethical governance framework for AI, addressing various aspects such as technology, engineering, system management, legal design, and cultural exchange [2]. Group 2: Strategic Focus - Guangxi aims to embrace the AI era by developing a framework that integrates strategy, application, and safety, while promoting cooperation in AI applications among China-ASEAN countries [3]. - The region is positioned as a "bridgehead" for open cooperation with ASEAN, focusing on the needs of the nation, capabilities of Guangxi, and expectations of ASEAN [3]. Group 3: Governance and Collaboration - Chen Gang highlighted the need to embed ethical and safety considerations throughout the AI research and development process, improve legal regulations and industry standards, and promote cultural exchange [4]. - The goal is to create a collaborative governance framework that addresses the concerns of ASEAN countries and positions Guangxi as a key player in China-ASEAN AI cooperation [4].

Core Viewpoint - JD.com is aggressively expanding its partnerships with smartphone manufacturers, indicating both ambition and anxiety in a competitive market [2][12]. Group 1: Strategic Partnerships - JD.com has formed a strategic partnership with Vivo, aiming for a sales target of 100 billion yuan over the next three years, focusing on user engagement, product co-development, and full-channel integration [4][7]. - The collaboration with Vivo will leverage JD's 700 million active users to target high-potential demographics such as Gen Z through joint marketing and member integration [7]. - JD.com has also secured the national agency rights for ZTE, Nubia, and Red Magic, setting a sales goal of 10 billion yuan, aiming to enhance ZTE's market presence through integrated resources [8][9]. Group 2: Business Expansion and Supply Chain Focus - JD.com is diversifying its business into food delivery, dining, and travel, all centered around its core supply chain capabilities [14][16]. - The company has quickly captured a significant market share in the food delivery sector, achieving 25 million daily orders within three months [16]. - JD's approach in the food industry includes using technology to ensure food safety and streamline supply chain processes, reflecting its long-standing operational efficiencies [17]. Group 3: Financial Performance and Challenges - JD.com's Q3 2025 financial report shows a revenue increase of 14.9% to 299.1 billion yuan, but net profit plummeted by 54.7% to 5.3 billion yuan, indicating financial strain from new business ventures [23]. - The company faces challenges in maintaining market share in food delivery, with a drop in user retention once subsidies are reduced, highlighting the volatility of its new business models [24]. - JD's core supply chain efficiency has declined, with inventory turnover days increasing from 30.4 to 35.8 days, and accounts receivable turnover days rising from 5.8 to 8.3 days, signaling operational difficulties [24][25].

Group 1 - The core viewpoint of the article highlights the performance of the Telecom ETF Huatai (560300), which opened with a gain of 1.29% at 2.040 yuan [1] - Major holdings in the ETF showed varied performance, with China Mobile up 0.06%, China Unicom up 0.41%, China Telecom up 0.35%, and China Satcom up 2.09% [1] - Notable gainers included Zhongji Xuchuang up 3.89%, Yinzhijie up 0.59%, Xinyi Sheng up 4.37%, ZTE up 1.35%, Tianfu Communication up 9.50%, and Zhongtian Technology up 4.75% [1] Group 2 - The performance benchmark for the Telecom ETF Huatai is the CSI Telecom Theme Index return [1] - The fund is managed by Huatai Fund Management Co., Ltd., with manager Wei Lizhu [1] - Since its establishment on December 5, 2023, the fund has achieved a return of 101.53%, while the return over the past month has been -5.46% [1]

Core Insights - The article highlights the significant breakthroughs in general artificial intelligence (AGI) technology and its integration across various industries, marking a transformative shift in productivity globally [1] - A-share listed companies in China are prioritizing technological innovation, particularly in AI, as a central aspect of their development strategy [1] Group 1: R&D Investment Overview - In 2024, the total R&D investment by A-share listed companies reached 1.88 trillion yuan, accounting for 51.96% of the national R&D expenditure [1] - The number of R&D personnel in these companies totaled 3.42 million, representing 11.08% of the total workforce [1] - The Shanghai Stock Exchange companies' R&D investment exceeded 1 trillion yuan, making up nearly 40% of the national corporate R&D spending [2] Group 2: Sector-Specific R&D Insights - The computer, machinery, defense, automotive, pharmaceutical, and communication sectors showed high R&D intensity, with respective contributions of 14%, 6%, 5%, 5%, 4%, and 4% [2] - The Science and Technology Innovation Board (STAR Market) saw its R&D investment reach 168.08 billion yuan in 2025, which is 2.5 times its net profit, reflecting a 6.4% year-on-year growth [2] - The Shenzhen Stock Exchange companies' total R&D investment surpassed 760 billion yuan, with 410 companies having an R&D intensity exceeding 10% [3] Group 3: Leading Companies in R&D - BYD led the A-share market with R&D expenses of 53.195 billion yuan, focusing on advancements in blade battery technology and smart driving algorithms [3] - China State Construction maintained a strong position with R&D investment of 45.459 billion yuan, focusing on smart construction and low-carbon materials [4] - Companies like ZTE, iFlytek, and Hikvision are increasingly investing in AI infrastructure and applications, with a significant portion of their R&D resources directed towards AI-related fields [4]

中兴通讯股份有限公司于2026年2月6日召开第十届董事会第二十次会议，审议通过《关于认购粤港澳大 湾区创业投资引导基金合伙企业（有限合伙）份额的议案》。会议同意公司作为有限合伙人出资2亿元 人民币认购该基金份额，并签署相关合伙协议。授权公司法定代表人或其授权代表签署投资相关法律文 件并办理工商登记手续。本次会议以通讯表决方式召开，9名董事全部参与表决，决议合法有效。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 来自交易信息汇总：2月6日主力资金净流出2.39亿元，散户资金净流入2.03亿元。 来自公司公告汇总：中兴通讯拟出资2亿元人民币认购粤港澳大湾区创业投资引导基金合伙企业 （有限合伙）份额。 交易信息汇总资金流向 2月6日主力资金净流出2.39亿元；游资资金净流入3589.26万元；散户资金净流入2.03亿元。 公司公告汇总第十届董事会第二十次会议决议公告 截至2026年2月6日收盘，中兴通讯(000063)报收于36.31元，下跌0.71%，换手率1.48%，成交量59.53万 手，成交额21.68亿元。 当日关注点 ...

Core Viewpoint - ZTE Corporation has filed an international patent application for a method of log processing, indicating ongoing innovation efforts despite a decrease in patent filings this year [1] Group 1: Patent Application - The patent application is titled "Method for Log Processing, Electronic Device, Storage Medium, and Computer Program Product" with application number PCT/CN2025/085297, published internationally on February 5, 2026 [1] - ZTE has announced a total of 159 international patent applications this year, which represents a 27.4% decrease compared to the same period last year [1] Group 2: R&D Investment - In the first half of 2025, ZTE invested 12.665 billion yuan in research and development, showing a slight decrease of 0.48% year-on-year [1]

Core Viewpoint - ZTE Corporation has filed an international patent application for a communication system training method, with the application number PCT/CN2025/087057, set to be published on February 5, 2026 [1] Group 1: Patent Application - The patent application is titled "Training Method, Communication Method, Equipment, System, and Storage Medium for Communication Systems" [1] - This marks one of the 159 international patent applications filed by ZTE in 2023, which is a decrease of 27.4% compared to the same period last year [1] Group 2: R&D Investment - In the first half of 2025, ZTE invested 12.665 billion yuan in research and development, reflecting a year-on-year decrease of 0.48% [1]

Core Viewpoint - ZTE Corporation's stock price has decreased by 5.66% to 36.31 CNY as of February 6, 2026, with a total market capitalization of 173.69 billion CNY, ranking 4th in the communication equipment sector and 97th in the A-share market [1] Trading Information Summary - On February 5, 2026, ZTE Corporation executed a block trade with a net institutional purchase of 7.5444 million CNY [2][5] Company Announcement Summary - ZTE Corporation plans to invest 117 million CNY as a limited partner in the Shaanxi Jianxing Zhanlu Equity Investment Partnership, which has a total fund size of 300 million CNY, focusing on new generation information technology, new energy, artificial intelligence, and advanced manufacturing [3] - ZTE Corporation intends to invest 200 million CNY in the Guangdong-Hong Kong-Macao Greater Bay Area Venture Capital Guidance Fund, with the relevant proposal approved by the board of directors [3][5] - As of January 31, 2026, ZTE Corporation has not yet implemented its A-share repurchase plan, which was approved for a total repurchase amount of 1 to 1.2 billion CNY at a price not exceeding 63.09 CNY per share [3][5]

Core Insights - ZTE Corporation (000063) has filed an international patent application titled "Information Transmission Method, Device, Storage Medium, and Program Product" with application number PCT/CN2025/089515, which is set to be published internationally on February 5, 2026 [1] Group 1: Patent Activity - ZTE has announced a total of 153 international patent applications this year, representing a decrease of 30.14% compared to the same period last year [1] Group 2: R&D Investment - In the first half of 2025, ZTE invested 12.665 billion yuan in research and development, which is a slight decrease of 0.48% year-on-year [1]

Core Viewpoint - ZTE Corporation has filed an international patent application for a mobility management method and device, indicating ongoing innovation efforts despite a decrease in patent filings this year [1] Group 1: Patent Application - The patent application is titled "A Method and Device for Perceiving Mobility Management" with application number PCT/CN2025/088624, and it is set to be published internationally on February 5, 2026 [1] - ZTE has announced a total of 153 international patent applications this year, which represents a decrease of 30.14% compared to the same period last year [1] Group 2: Research and Development Investment - In the first half of 2025, ZTE invested 12.665 billion yuan in research and development, showing a slight decrease of 0.48% year-on-year [1]