Group 1 - The Ministry of Industry and Information Technology (MIIT) is set to issue "satellite internet" licenses, which has generated significant interest and inquiries among the public [2] - A business license is a legal permit issued by the government or regulatory bodies that allows organizations or individuals to conduct specific commercial activities, ensuring market access and compliance with regulations [3] - The MIIT's role includes issuing licenses for telecommunications and internet services, ensuring that companies have the necessary technical capabilities and compliance qualifications to operate legally [3] Group 2 - The upcoming satellite internet licenses are expected to fill gaps in existing licenses for China Unicom and China Mobile, allowing them to legally conduct satellite-based mobile services [6] - Companies like Xingwang and Yuanshin are likely to obtain A13-1/2 operational licenses, which would significantly benefit their business development, especially for Yuanshin's focus on satellite internet services along the Belt and Road countries [6] - The rapid deployment of China's satellite constellation, particularly by Xingwang, is anticipated to enhance the country's satellite internet capabilities, with the issuance of operational licenses expected to accelerate the development of this sector [7][8]

Core Viewpoint - Shen Yu Co., Ltd. announced a semi-annual distribution plan for 2025, proposing a cash dividend of 0.4 yuan per 10 shares, totaling approximately 7.06 million yuan, which represents 21.11% of the company's net profit [2][4]. Company Summary - The company reported a total revenue of 396 million yuan for the first half of 2025, reflecting a year-on-year growth of 0.46%. However, net profit decreased by 41.54% to approximately 33.44 million yuan, with basic earnings per share at 0.19 yuan [2][3]. - This distribution marks the 11th time the company has issued dividends since its listing [2]. Industry Context - In the telecommunications sector, 12 companies have announced their semi-annual distribution plans for 2025. China Mobile leads with a cash distribution of approximately 54.09 billion yuan, followed by China Telecom and China Unicom with distributions of about 16.58 billion yuan and 3.48 billion yuan, respectively [3][4].

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 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 ...

证券日报网讯 思特奇8月26日在互动平台回答投资者提问时表示，公司与中国移动、中国联通、中国电 信长期保持稳定的传统业务合作关系，为其提供IT系统架构及业务运营支撑服务。相关信息敬请关注公 司官方网站及相关公告。 （编辑 王雪儿） ...

Core Viewpoint - The article highlights the mid-year dividend announcements from A-share listed companies, indicating a positive trend in net profit growth and substantial cash dividends being distributed to shareholders [2]. Group 1: Dividend Distribution - As of August 26, 2025, a total of 2,358 A-share listed companies have disclosed their semi-annual reports, with 1,329 companies reporting year-on-year net profit growth [2]. - Among these, 389 companies announced mid-term dividend plans, with a total proposed dividend amount nearing 1,800 billion yuan [2]. Group 2: Major Dividend Payers - Notable companies with significant cash dividends include China Mobile, China Telecom, and Sinopec, each distributing over 10 billion yuan, with China Mobile leading at 540.83 billion yuan [5][7]. - Other companies with substantial dividends include Muyuan Foods (50.02 billion yuan) and Ping An Bank (45.80 billion yuan) [5][7]. Group 3: Dividend Per Share - The article lists companies with notable dividends per share, including: - Gigabit (6.60 yuan) - Ninebot (4.23 yuan) - Shuoshi Biology (3.40 yuan) - China Mobile (2.50 yuan) [10].

丨证券研究报告丨 行业研究丨行业周报丨通信设备Ⅲ [Table_Title] 通信行业周观点：AI 高景气延续，海内外算力链 齐发力 报告要点 [Table_Summary] 2025 年第 34 周，通信板块上涨 10.43%，在长江一级行业中排名第 1 位；2025 年年初以来， 通信板块上涨 44.59%，在长江一级行业中排名第 1 位。DeepSeek 推出 V3.1 模型支持 UE8M0 FP8；Meta 与谷歌达成逾 100 亿美元云计算大单；英伟达发布 Spectrum-XGS，开创 scale- across 互联。AI 与算力主线景气延续，国产与海外算力链齐步向前。 分析师及联系人 [Table_Author] 通信设备Ⅲ cjzqdt11111 [Table_Title 通信行业周观点： 2] AI 高景气延续，海内外算力 链齐发力 [Table_Summary2] 板块行情 于海宁 SAC：S0490517110002 SFC：BUX641 请阅读最后评级说明和重要声明 %% %% %% %% research.95579.com 1 2025 年第 34 周，通信板块上涨 10.43% ...

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]