Core Insights - China Tower Corporation held the 2025 Technology Innovation Conference, focusing on innovation as a key driver for development [1] - The company announced significant advancements in technology innovation, including a 89% annual compound growth in R&D investment during the 14th Five-Year Plan [1][2] - Strategic partnerships were established with several universities to enhance research and development in key technological areas [3][4] Group 1: Technology Innovation Achievements - The company has enhanced its technology innovation capabilities, achieving 65 technology awards and increasing its authorized invention patents to 404, quadrupling since the end of 2020 [1][2] - China Tower is transforming communication towers into digital towers, developing over 700 AI algorithms and reducing network construction costs by 60% through shared technology [2] - The company is also focusing on energy-saving and carbon reduction innovations, including research on lithium-sulfur batteries and sodium-ion batteries [2] Group 2: Collaborative Efforts - China Tower established a comprehensive technology innovation system that integrates various stakeholders, including enterprises, universities, and research institutions [3] - The company signed strategic cooperation agreements with Beijing Institute of Technology and Beijing University of Posts and Telecommunications to jointly tackle key technologies in communication networks and artificial intelligence [3][4] - The launch of the "Qingtian Artificial Intelligence Application Development Platform" aims to accelerate digital transformation by providing a comprehensive solution for industry applications [4]

-189 5年科技创新大会 影班 Canada A PENALUZITHERS 中国铁塔2025年科技创新大会 中国官 2025年科技 聚加新刊领 澎湃新质动能 2015.1.11.11.21 201 ( + 中国政理科学 ...

Core Insights - China Tower's Chairman Zhang Zhiyong announced a 32% increase in value added during the 14th Five-Year Plan, reaching 71.7 billion yuan, with a stable debt-to-asset ratio and significant achievements in preserving and increasing state assets [1] - The company aims to enhance its technological strength and innovation effectiveness by 2030, establishing itself as a competitive technology and innovation-driven enterprise [1] Group 1: Business Growth and Achievements - The company has built over 7 million base stations, including more than 3 million 5G stations, saving over 400 billion yuan in construction and operational costs [1] - China Tower has upgraded 250,000 "communication towers" to "digital towers" using resources from 2.1 million sites across the country, supporting various key industries through smart IoT services [1] Group 2: Green and Low-Carbon Initiatives - The company has made progress in supporting green low-carbon transitions by deploying over 80,000 battery swap cabinets in 320 cities, serving over 1.5 million delivery personnel [2] - Nearly 3.7 million electric bike charging ports have been established, benefiting over 32 million residents, while efforts are underway to create "zero-carbon" base stations [2] Group 3: Technological Innovation - During the 14th Five-Year Plan, the company's R&D investment grew at a compound annual growth rate of 89%, with 65 technology awards and 404 authorized invention patents, quadrupling since the end of 2020 [3] - The company has developed over 700 AI algorithms and is focusing on various technological advancements, including edge computing and energy innovation [3] Group 4: Future Goals and Strategies - By 2030, China Tower aims to achieve a second "hundred billion profit" milestone, enhancing its strategic position in the national innovation system [4] - The company plans to strengthen its research capabilities, industry influence, innovation management, and talent cultivation to enhance its core competitiveness [4] Group 5: AI Development Platform - China Tower launched the "Qingtian AI Application Development Platform," which has implemented over 700 intelligent applications across various operational areas [5] - The platform aims to expand "AI+" scenarios and become a core hub for digital transformation [5]

张志勇强调，中国铁塔始终坚信科技是第一生产力，创新是第一动力。中国铁塔坚定不移地向着科技 型、创新型企业迈进，取得了一系列突破性进展和标志性成果。一是科技创新能力持续增强。"十四 五"期间研发投入年均复合增长89%，获科技奖励65项，累计授权发明专利达404件，较2020年底翻了四 番，制定国际标准9项，承担国家科技重大专项11个，科技创新实力取得长足进步。二是科技创新成果 持续增加。聚焦"通信塔"变"数字塔"，强化人工智能创新，推出空间治理经纬大模型，主导研发了700 多种AI算法，中国铁塔"山水林田湖草沙"空间数智化治理场景入选中央企业人工智能战略性高价值场 景。聚焦"通信室分"变"数字室分"，攻克无源室分共享技术，实现多家运营商、多频段、多制式共享需 求，降低了60%的建网成本。与北京邮电大学科研团队一起，突破室分+北斗技术难题，将北斗信号引 入到室内、地下，实现了车位级室内外一体化定位导航。聚焦"通信机房"变"数据机房"，强化边缘计算 创新，积极构建异网异构边缘算力网络，推进算力像自来水一样普惠泛在、随取随用。聚焦"节能降 碳"，强化新能源创新，开展锂硫电池、钠离子电池、基站叠光、能源互联网研发，助力 ...

董事会进一步宣布，其建议任命栾晓维为公司非执行董事，惟需待股东批准。其任期自股东于特别股东 大会上批准之日起生效，至公司第三届董事会完成换届之日止。 格隆汇11月20日丨中国铁塔(00788.HK)宣布，刘桂清因工作职责调整，已辞任公司非执行董事、董事会 战略委员会委员以及审计委员会委员职务。有关辞任将自2025年12月23日召开的公司2025年第二次特别 股东大会选举产生新任非执行董事之日起生效。 ...

中国铁塔(00788)发布公告，刘桂清先生因工作职责调整，已辞任公司非执行董事、董事会战略委员会 委员以及审计委员会委员职务。有关辞任将自2025年12月23日召开的公司2025年第二次特别股东大会选 举产生新任非执行董事之日起生效。此外，董事会建议任命栾晓维先生为公司非执行董事，但需待股东 批准。其任期自股东于特别股东大会上批准之日起生效，至公司第三届董事会完成换届之日止。 ...

智通财经APP讯，中国铁塔(00788)发布公告，刘桂清先生因工作职责调整，已辞任公司非执行董事、董 事会战略委员会委员以及审计委员会委员职务。有关辞任将自2025年12月23日召开的公司2025年第二次 特别股东大会选举产生新任非执行董事之日起生效。此外，董事会建议任命栾晓维先生为公司非执行董 事，但需待股东批准。其任期自股东于特别股东大会上批准之日起生效，至公司第三届董事会完成换届 之日止。 ...

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，概不對因本公告的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。 China Tower Corporation Limited 中國鐵塔股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份編號：0788） 董事辭任 及 建議委任董事 董事辭任 董事會進一步宣佈，其建議任命欒曉維先生（「欒先生」）為本公司非執行董事，惟 需待股東批准。其任期自股東於特別股東大會上批准之日起生效，至本公司第三 屆董事會完成換屆之日止。 欒曉維，52歲，目前擔任中國電信集團有限公司副總經理，中國通信服務股份有 限公司（於香港聯合交易所有限公司（「香港聯交所」）上市，股份代號：0552）董事 長兼執行董事。欒先生曾任中國移動通信集團終端有限公司總經理、中國移動通 信集團福建有限公司總經理。 1 欒先生1995年北京郵電大學無綫通信專業畢業，獲學士學位，2005年北京郵電大 學電子與通信工程專業畢業，獲碩士學位。欒先生是一名高級通信工程師。欒先 生在電信行業擁有豐富的經營及管理經 ...

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。 China Tower Corporation Limited 中國鐵塔股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份編號：0788） 建議修訂公司章程並取消監事會 建議修訂股東大會議事規則 建議修訂董事會議事規則 及 特別股東大會及股東類別會議 修訂後的公司章程、股東大會議事規則及董事會議事規則將分別自特別股東大 會、H股股東類別會議及內資股股東類別會議審議批准之日起生效。在此之前， 現行公司章程、股東大會議事規則及董事會議事規則繼續有效。 一份載有（其中包括）建議修訂公司章程並取消監事會、建議修訂股東大會議事規 則及董事會議事規則的詳情之通函將適時提供予本公司股東。 暫停辦理股份過戶登記手續 為確定有權出席特別股東大會及H股股東類別會議並於會上投票的H股股東名單， 本公司將由2025年12月18日（星期四）至2025年12月23日（星期二）（包括首尾兩 日）期間暫停辦理H股股份過戶 ...

Investment Rating - The report assigns a "Buy" rating to China Tower Corporation Limited (0788.HK) [9] Core Views - China Tower is positioned as a global leader in communication infrastructure, focusing on a "one body, two wings" strategy that enhances its growth potential [9][11] - The company has shown steady revenue growth and strong cash flow, with a projected increase in net profit from 10,729 million yuan in 2024 to 17,435 million yuan in 2027 [5][15] - The company benefits from a high market share and a diversified business model, with significant contributions from its tower, indoor distribution, smart connection, and energy businesses [11][15] Summary by Sections 1. Company Overview - China Tower was established in July 2014 by three major telecom operators and has since become a key player in the communication infrastructure sector, achieving over 97% market share in China [11][15] - The company has diversified its operations into smart connection and energy sectors, enhancing its service offerings and market reach [11][15] 2. Financial Performance - The company reported a revenue of 97,772 million yuan in 2024, with a growth rate of 4%, and a net profit of 10,729 million yuan, reflecting a 10% increase [5][15] - For the first three quarters of 2025, the company achieved a revenue of 743.19 billion yuan, up 2.6%, and a net profit of 87.08 billion yuan, up 6.8% [15][18] 3. Business Segments - The tower business accounted for approximately 76% of total revenue, while the smart connection and energy businesses contributed 9.5% and 4.6%, respectively [11][15] - The company has established a robust energy business, becoming a leading player in the light electric vehicle battery swap market with over 50% market share [11][15] 4. Market Position and Strategy - China Tower's strategy of resource sharing and infrastructure specialization has led to significant economic and social benefits, with a focus on enhancing operational efficiency [11][33] - The company is well-positioned to capitalize on the growing demand for communication infrastructure driven by urbanization and technological advancements [11][33] 5. Future Outlook - The report forecasts a substantial increase in net profit, projecting 11,629 million yuan in 2025 and 16,097 million yuan in 2026, driven by the completion of depreciation on existing towers [5][15] - The company is expected to maintain a high dividend payout ratio, averaging 60.9% since its listing, reflecting its commitment to returning value to shareholders [9][15]