Core Insights - Quantum technology is viewed as the "key" to the next generation of information technology revolution, with significant breakthroughs in both policy and technology [1][3]. Policy Developments - The Anhui Provincial Development and Reform Commission announced that quantum technology is transitioning from technological breakthroughs to large-scale industrial applications, aiming to implement nearly 300 application scenarios by the end of this year and 1,000 by 2027 [1]. - The United Nations Educational, Scientific and Cultural Organization (UNESCO) has declared 2025 as the "International Year of Quantum Science and Technology" to commemorate the 100th anniversary of quantum mechanics [3]. Technological Advancements - A team from the Chinese Academy of Sciences has made significant progress in neutral atom quantum computing, proposing a new architecture based on fiber arrays that addresses challenges in achieving high parallelism, speed, and stability [1]. - Researchers at the University of Chicago have theoretically extended the connection distance between quantum computers to 2,000 kilometers, making the construction of a global quantum internet more feasible [2]. Industry Growth Potential - Quantum technology, encompassing quantum computing, quantum communication, and quantum precision measurement, is identified as a future industry with substantial growth potential, as highlighted in the 14th Five-Year Plan [3]. - The global quantum computing industry is projected to grow from $4.7 billion in 2023 to over $800 billion by 2035 [3]. R&D Investment - Over 60 companies in the A-share market are involved in quantum technology, with a total R&D expenditure of 69.47 billion yuan, accounting for 3.86% of total revenue [4]. - Among these, 35 companies reported R&D expenses exceeding 100 million yuan in the first three quarters, with seven companies surpassing 1 billion yuan [5]. Key Players and Financial Metrics - Notable companies include Guoxin Technology, which has the highest R&D expense-to-revenue ratio at 89.03%, and has successfully commercialized quantum security chips [5][6]. - Other companies with significant R&D investments include Suzhou Keda, Tianrongxin, and Digital Certification, with varying R&D expense ratios [5][6]. Institutional Interest - Institutional interest is high for companies like ZTE Corporation and China Mobile, with ZTE receiving ratings from 23 institutions [7]. - Forecasts indicate that nine companies are expected to achieve net profit growth rates exceeding 15% from 2025 to 2027 [7]. Market Predictions - Several stocks, including China Haifang and Keda Technology, are projected to have significant upside potential based on institutional target prices [8].

11月11日，证监会网站显示，联通智网科技股份有限公司已启动上市辅导，由中国国际金融股份有限公 司担任辅导机构。辅导备案报告显示，中国联合网络通信有限公司直接持有公司68.88%的股份，通过 其全资子公司联通创投间接持有公司0.33%的股份，为公司控股股东。（界面） ...

【#运营商回应临时停机如何恢复#】#反诈防范导致临时停机如何恢复# @信息通信行业反诈中心 发布 《反诈防范导致手机卡临时停机？四大运营商复机指南一键收藏！》，四大运营商纷纷转发。具体以方 法如下： 一、中国电信 1.线上渠道：用户可通过公众号、小程序、网上营业厅等形式办理（具体方式可见核验通知短信）。 2.线下渠道：用户可携带本人身份证及电话卡，前往全国任一中国电信自有营业厅办理（具体位置可联 系当地10000号查询）。 二、中国移动 1.线上渠道：用户可点击通知短信内的链接或拨打10086客服热线等线上自助方式办理（具体方式可见 核验通知短信）。 2.线下渠道：用户可携带本人身份证及电话卡，前往全国任一中国移动自有营业厅办理（具体位置可联 系当地10086查询）。 三、中国联通 2.线下渠道：用户可至中国广电线下自有营业厅，提供身份证原件与需认证的电话卡，经实人认证，通 过后完成复机。 中国移动 ® 12小时前 反诈防范导致手机卡临时停机 ?复机指南一键收藏! @信息通信行业反诈中心 0 发布了头条文章：《反诈防范导致手机卡临时停机？四大运营商复机指南一键收藏！》 @中国电信＠中国移动＠中国联通＠中国广电 ...

| 辅导协议签 | | 2025年11月4日 | | --- | --- | --- | | 署 时 | 间 | | | 舞 导 机 构 | | 中国国际金融股份有限公司 | | 律师事务所 | | 北京市通商律师事务所 | | 会计师事务 | | 德勤华永会计师事务所(特殊普通合伙) | | 所 | | | 智网科技成立于2015年，是中国联通旗下专业从事车联网业务的控股子公司。中国联通直接持有智网科 技68.88%的股份，通过其全资子公司联通创投间接持有智网科技0.33%的股份，为公司控股股东。 【大河财立方消息】11月10日，证监会网站显示，联通智网科技股份有限公司（简称智网科技）已启动 上市辅导。11月4日，智网科技与中金公司签署了辅导协议。 | 辅导对象 | 联通智网科技股份有限公司 | | | --- | --- | --- | | 成立日期 | 2015-08-07 | | | 注册资本 | 24679.6148 万元 法定代表人 | 张然懋1 | | 注册地址 | 北京市密云区兴盛南路 8号院 2 号楼 106 室-266 | | | 控股股东 | 中国联合网络通信有限公司直接持有公司 68. ...

Group 1 - The core point of the article is that Unicom Smart Network Technology Co., Ltd. has initiated the listing guidance process, with China International Capital Corporation (CICC) serving as the advisory institution [1] - The guidance filing report indicates that China United Network Communications Co., Ltd. directly holds 68.88% of the shares in the company [1] - Additionally, China United Network Communications Co., Ltd. indirectly holds 0.33% of the shares through its wholly-owned subsidiary, Unicom Venture Capital [1]

Investment Rating - The communication industry is rated as "Overweight" [10] - The communication equipment manufacturing sector is also rated as "Overweight" [10] Core Insights - The communication sector saw a significant increase in holdings, with the top ten funds holding 7.26% of the communication sector, up 3.58 percentage points from the previous quarter, marking the highest quarterly holding ratio since 2019 [2][3] - The sector's overweight ratio increased to 3.36%, up 2.90 percentage points from the previous quarter [3][14] - Key areas of investment include optical modules, liquid cooling, optical chips, and optical fiber cables, while operators, data centers, and Beidou systems saw reduced holdings [3][14] - The TTM price-to-earnings ratio for the communication sector as of November 7, 2025, is 43.62x, which is at the 69.3% historical percentile since early 2011 [3][14] Summary by Sections Market Performance - The communication index rose by 0.92% last week, while the Shanghai Composite Index increased by 1.08% and the Shenzhen Component Index by 0.19% [2][13] Fund Holdings - In Q3 2025, public funds increased their holdings in the communication sector, with significant increases in companies like Zhongji Xuchuang, Xinyi Sheng, Tianfu Communication, Yingweike, and Yuanjie Technology, with total market value increases of 82.43 billion, 78.93 billion, 9.29 billion, 4.06 billion, and 3.79 billion respectively [3][25] - The top five companies by increase in holdings during Q3 2025 saw stock price increases of 176.8%, 188.0%, 110.8%, 169.2%, and 120.3% respectively [25][26] Key Companies and Recommendations - Recommended companies include Xinyi Sheng, Zhongxing Communication, Ruijie Network, China Mobile, China Telecom, China Unicom, and Hengtong Optoelectronics, all rated as "Buy" [10][58] - The report highlights the potential for AI computing chain investments, particularly in optical modules and related technologies [2][3] Valuation and Future Outlook - The report anticipates continued growth in the AI computing sector, with companies like Xinyi Sheng expected to benefit significantly from the demand for high-speed products [59][62] - Adjustments to profit forecasts for companies like Zhongxing Communication and Ruijie Network reflect a cautious outlook due to market conditions, but long-term growth potential remains [59][62]

证券之星消息，11月10日通信服务板块较上一交易日上涨0.41%，线上线下领涨。当日上证指数报收于 4018.6，上涨0.53%。深证成指报收于13427.61，上涨0.18%。通信服务板块个股涨跌见下表： 从资金流向上来看，当日通信服务板块主力资金净流出1.03亿元，游资资金净流出2737.89万元，散户资 金净流入1.3亿元。通信服务板块个股资金流向见下表： | 代码 | 名称 | 主力净流入 (元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 300959 | 线上线下 | 1.6216 | 16.33% | -5902.60万 | -5.93% | -1.03 Z | -10.39% | | 300560 | 中富通 | 1.33 Z | 13.06% | -3652.16万 | -3.58% | -9670.26万 | -9.48% | | 002115 | 三维通信 | 6272.72万 | 4.41% | 1545.64万 | 1.09% ...

张云勇介绍，中国联通早就已经跳出"单打独斗"模式，自2022年5月以来，便勇担网络安全现代产业链 链长重任，与链上企业创新构建出"五链融合"链长工作新范式，围绕增强核心技术能力、提升基础安全 能力、维护国家网络与信息安全、丰富产品服务、产业链供需对接等重点方向不断发力。 中国青年报客户端讯（中青报·中青网记者 贾骥业 张均斌）AI技术迅猛发展，为生产效率带来了巨大提 升，但同时也带来指数级增长的网络安全隐患，如何应对挑战？近日，2025年世界互联网大会乌镇峰会 上，刚刚履新的中国联通网络与信息安全部总经理张云勇分享了他的看法：AI赋能、端网协同、标准 化、跨行业融合等创新模式可以为突破安全产业困局提供新的解决路径。 包括通过建设国家级科技创新载体，推动科技创新和产业创新深度融合；夯实产业链能力底座，服务国 家网络安全防御体系建设；全力保障通信畅通，筑牢数据安全和公民个人信息防线；构建"墨攻"平台， 促进产业链服务模式升级；构建产业链供需对接平台，促进产业链上下游高效协同联动。 张云勇表示，当前威胁感知与攻防博弈格局正发生深刻变革，行业面临着情报数据质量参差不齐、互联 互通不畅等痛点问题。为了应对新时代挑战，中 ...

Core Viewpoint - The 15th National Games serves as a platform for showcasing athletic talent and advanced communication technology, with major telecom operators providing a comprehensive digital support system for the event [1] Group 1: Ultra HD Broadcasting - The three major telecom operators have utilized ultra HD broadcasting technology to break geographical barriers, enabling millions of viewers to experience the event in real-time [2] - China Unicom is the sole official partner for cloud broadcasting, employing a "Unicom Cloud + 5G backpack + 5G network slicing" solution to enhance broadcasting capabilities [2][3] - The broadcasting network covers 69 venues and supports 8K technology transmission, marking the largest scale of broadcasting network established for the National Games [3] Group 2: AI Integration - AI technology has been deeply integrated into event management, spectator services, and athlete training, enhancing the overall experience of the National Games [7] - China Unicom's cloud broadcasting platform uses AI algorithms to automatically edit highlight moments from the events, significantly reducing production time [7] - China Telecom has introduced an AI mascot that can interact with visitors, providing information and recommendations, thus enhancing the spectator experience [8] Group 3: Network Infrastructure - China Mobile has optimized 5G networks across 126 venues, adding 634 new 5G base stations to support high concurrent access during the event [4] - The deployment of a 5G-A network at Shenzhen Bao'an International Airport offers speeds 5-10 times faster than standard 5G, ensuring smooth live streaming for spectators [6] - A quantum encryption platform has been implemented in the power emergency command system, enhancing security against quantum computing attacks [6] Group 4: Long-term Benefits - The technological advancements demonstrated during the National Games are expected to benefit urban governance and long-term development beyond the event itself [9] - The MOC platform technology can be reused for city emergency command and various sporting events, promoting digital collaboration in the Guangdong-Hong Kong-Macao Greater Bay Area [9]

Core Viewpoint - The article discusses the recent trend of mobile operators in China replacing the operator name in the signal bar with promotional messages, which has raised concerns among users about privacy and the integrity of mobile services [1][5][13]. Group 1: Advertising in Signal Bars - Mobile operators have begun to modify the signal bar to display promotional messages related to local events, which users cannot turn off manually [1][5]. - This change is attributed to operators altering the global mobile communication standards, allowing them to push advertisements through the NITZ protocol instead of displaying the operator name from the SIM card [6][10]. - The new practice has been linked to the operators' need to find additional revenue streams amid declining average revenue per user (ARPU) in a saturated market [17][18]. Group 2: Regulatory and Compliance Issues - The modification of the signal bar for advertising purposes violates the 3GPP standards, which prioritize displaying the SIM card information over NITZ messages [10][13]. - Legal experts have indicated that this practice may infringe upon telecommunications regulations, as it constitutes forced advertising without user consent [13][19]. - There is a call for regulatory bodies to enhance compliance checks on operators to prevent such practices from becoming widespread [19][20]. Group 3: User Experience and Industry Response - Users have expressed dissatisfaction with the intrusive nature of these advertisements, which detract from the intended functionality of the signal bar [19]. - The article suggests that operators should focus on improving service quality and user experience rather than resorting to aggressive advertising tactics [18][20]. - There is a potential for operators to utilize the signal bar for practical notifications, such as data usage alerts, rather than commercial promotions [19].