Core Insights - The annual MWC Shanghai highlighted the telecom industry's shift towards AI and large models, with 5G taking a backseat as operators face growth challenges [2] - The three major telecom operators reported low growth in Q1, indicating a saturation in demand and a need for new growth narratives [2][3][4] Group 1: Financial Performance - China Mobile reported Q1 revenue of 263.8 billion yuan, a slight increase of 0.02% year-on-year, with a net profit of 30.6 billion yuan, up 3.5% [2] - China Telecom's Q1 revenue was 134.5 billion yuan, showing a year-on-year increase of 0.01%, with a net profit of 8.9 billion yuan, up 3.1% [3] - China Unicom achieved Q1 revenue of 103.35 billion yuan, a year-on-year growth of 3.88%, with a net profit of 2.61 billion yuan, up 6.5% [4] Group 2: Growth Strategies - Huawei's rotating chairman Xu Zhijun emphasized the importance of identifying new growth demands, particularly from high-value user groups like delivery riders and live streamers, whose ARPU is significantly higher than average users [2][6] - The global number of delivery riders is expected to reach 160 million by 2030, with their ARPU being 1.6 times that of ordinary users; professional live streamers are projected to reach 130 million, with an ARPU four times higher [6] - Other strategies include enhancing high-definition video traffic, capitalizing on smart connected vehicles, and connecting individual businesses through FTTR technology [6] Group 3: AI and Robotics - The telecom operators are focusing on AI as a new narrative, with China Mobile's chairman stating that the industry is entering the AI+ era, where AI capabilities are reaching or exceeding human levels [2][10] - China Unicom launched the U PLUS SMART product system, integrating AI into various applications, while China Telecom showcased AI applications like the Tianyi AI phone and AI cloud computer [10][11] - Several robotics companies, including Yushu Technology and Leju Robotics, showcased their innovations at the event, highlighting the potential of AI in robotics for various applications [13][15]

Core Viewpoint - The three major telecom operators in China are expected to fully reopen eSIM services in the second half of 2023 after a two-year suspension due to business maintenance and upgrades [1] Group 1: eSIM Service Overview - In 2023, the three major operators announced the suspension of eSIM services for smartwatches and independent eSIM cards, citing business maintenance upgrades as the reason [1] - The one-number dual-terminal service allows users to add devices like smartwatches and tablets to their main phone number, enabling shared voice and data plans while allowing independent calls and internet access [1] - The independent SIM service provides devices with their own numbers and dedicated tariff plans, supporting SMS, calls, and internet connectivity [1] Group 2: Impact and Reasons for Suspension - The suspension of eSIM services has significantly impacted smartwatch users, as many who purchased devices with independent eSIM capabilities found they could not activate the features [1] - The reasons behind the suspension include security concerns and unresolved issues among the three major operators, particularly regarding the ease of switching between operators [1] - Industry insiders expect that the operators will establish new industry standards to address these issues before reopening the services [1] Group 3: Current Status of eSIM Services - Some operators have already restarted eSIM services in select cities, with China Unicom resuming eSIM functionality in 25 provinces including Tianjin, Beijing, and Hebei [2] - China Mobile is gradually opening eSIM services nationwide, currently optimizing systems and preparing resources for the rollout [2] - China Telecom has not yet resumed eSIM services, stating that upgrades are still in progress without a specific completion timeline [2]

海拔5100米的红其拉甫口岸，是中巴经济走廊的核心节点，也是中国与巴基斯坦唯一的陆路口岸。这里 常年积雪，含氧量不足平原一半，素有"生命禁区""死亡之谷"之称。 中国联通喀什分公司通过5G-A网络、人工智能与物联网技术的深度融合，协助国家构建起"智慧边防、 数字戍边"的新型边境治理体系。在塔县至红其拉甫国门一线，累计建成基站近30座，铺设光缆超500公 里，构筑起高寒边境的智慧长廊。这不仅保障了国门检查高效运转，惠及3000多名牧区巡边员、护边 员，也为塔县文旅产业发展注入了数智动能。 来源：环球网 在祖国西陲的帕米尔高原腹地，坐落着新疆唯一的高原县、重点边境县——塔什库尔干塔吉克自治县 （简称"塔县"）。这里平均海拔超过4000米，与塔吉克斯坦、阿富汗、巴基斯坦三国接壤，即使在盛 夏，边境线上也覆盖着皑皑白雪。在这片壮美却严酷的土地上，中国联通塔县分公司的员工们，正以通 信之光点亮边陲。 通信覆盖：从"通信孤岛"到"信息通衢" 蜿蜒于塔县瓦恰乡的盘龙古道，全长36公里，608道弯，海拔超4100米，最大落差逾千米。在这条"天 路"上没有信息网络，曾是制约当地发展的难题。村民米尔巴巴曾期盼："希望手机信号像公 ...

中央纪委国家监委驻中国联通纪检监察组按照规范化、法治化、正规化要求，创新构建案件质量评查体 系，坚持问题导向开展评查。2024年首次实现全系统案件评查全覆盖，案件质量实现整体提升。 创新评查模式，构建全流程质控体系。在覆盖范围上，系统总结既往抽检工作经验，对2024年度全系统 全量办结案件实施评查全覆盖。在方式方法上，推行"线上全量覆盖+线下靶向抽检"双轨模式，结合案 件类型、复杂程度等因素选取案件现场评查，着力发现深层次问题。在协作机制上，跨省级分公司组建 5个评查组，通过交叉互评、集中会审，打破区域壁垒，形成监督合力。在质量把控上，建立三审三校 机制，经背靠背初评、交叉复核、集体终审，确保定性精准、标准统一。在过程管理上，督导组全程指 导，统一评查表格，保证评查工作严谨规范，发布第二批《执纪审查文书模板》，推动文书标准化。 深化成果运用，健全长效机制。紧扣"三化"建设要求，今年持续以案件质量评查工作为抓手，推动监督 执纪质效再升级。开展案件质量"回头看"，对党的二十大以来省级分（子）公司纪委办结案件开展全覆 盖质量评查，重点核查事实证据、定性处理等关键环节，启动纪律处分执行情况检查。深化实战练兵， 通过以 ...

金十图示：2025年06月17日（周二）富时中国A50指数成分股午盘收盘行情一览：银行、酿酒板块涨跌互现、保险行业普跌 | 1148 | | | | | --- | --- | --- | --- | | 农业银行 | 中国银行 | 交通银行 | | | 19704.04亿市值 | 15779.19亿市值 | 5747.94亿市值 | | | 8.69亿成交额 | 9.22亿成交额 | 4.09亿成交额 | | | 5.63 | 5.36 | | 7.74 | | 0.00(0.00%) | -0.02(-0.37%) | | -0.02(-0.26%) | | AN CERTIFIC | 招商银行 | 工商银行 | | | 22500.99亿市值 | 11563.30亿市值 | 25483.05亿市值 | | | 3.75亿成交额 | 11.64亿成交额 | 9.31亿成交额 | | | 9.00 | 45.85 | | 7.15 | | 0.00(0.00%) | +0.07(+0.15%) | | +0.01(+0.14%) | | 兴业银行 | 平安银行 | ● 用及银行 | | | 5047.34亿 ...

来源：环球网 6月9日，由中央网信办网络社会工作局、中国联通党组办公室主办的2025年"高质量发展看联通"专题活 动启动仪式在新疆克孜勒苏柯尔克孜自治州举办。来自科技、通信、地理、科普等领域的媒体记者、网 络正能量人士，以及自媒体账号走进新疆、走进中国联通，全方位感受5G新基建助力"一带一路"建设 以及电信普遍服务十周年成效，感受以中国联通为代表的信息通信业在网络强国、数字中国建设中做出 的贡献。 位于喀什地区帕米尔高原东麓的塔什库尔干自治县，凭借"一县邻三国，两口通两亚"的独特区位优势， 成为对外开放的重要门户。中国联通红其拉甫口岸国际业务通讯办理点作为口岸服务中心唯一的运营商 服务窗口，为入境旅客提供便捷通讯服务。旅客抵达口岸后，可第一时间办理通讯业务，通过手机及社 交软件与家人报平安。2025年1- 6月，经红其拉甫口岸出入境旅客达1.1万人次，来自51个国家（地 区），其中超千名入境旅客在联通业务窗口享受服务。高效、专业的服务不仅赢得国际旅客广泛赞誉， 更提升了口岸整体服务水平，为国际交流合作提供坚实通信保障。 在广袤的新疆大地，中国联通深入践行电信普遍服务使命，大力推进通信基础设施建设与网络深度覆 ...

Core Insights - The rapid development of artificial intelligence has made "computing power" and "data" essential infrastructure for industry growth [1][6] - The Guangdong-Hong Kong-Macao Greater Bay Area is positioning itself as a new hub for data industry development, with Shaoguan as a key player [1][2] Group 1: Infrastructure Development - Shaoguan has established 13 400G optical networks connecting to the Greater Bay Area, significantly enhancing its capacity to support the digital economy [1] - The city has built a high-speed computing power latency circle, with latency times of 1ms for city connections, 3ms for the Greater Bay Area, and 5ms within the province [1] - Major telecom operators have begun launching data centers in Shaoguan, indicating a competitive landscape for computing power investment [2][4] Group 2: Investment and Capacity - The total investment in Shaoguan's computing power cluster by major operators and tech companies has reached 621 billion yuan [2] - China Unicom's data center in Shaoguan has a planned capacity of 48,000 standard cabinets and a total energy consumption of 120MW, with capabilities for large-scale AI model training [2][5] - China Mobile's data center in Shaoguan has a total investment of 56 billion yuan and is expected to support over 1 million P of computing power upon full operation [5][6] Group 3: Strategic Focus and Future Growth - The three major telecom operators have indicated that their investments in computing power will have no upper limit, reflecting a strong commitment to expanding their capabilities [6][9] - China Unicom anticipates a 28% year-on-year increase in computing power investment by 2025, with special budget arrangements for AI infrastructure [10] - The market for computing power leasing in China is projected to reach 260 billion yuan by 2026, growing at over 20% annually [10]

【4月电信业务收入回暖，电信运营商进入价值激活的黄金期】 招商证券表示，DOU（户均移动互联网接入流量）逐月加速增长，4月电信业务收入回暖。2025年1-4月，国内电信行业整体保持稳 健增长（累计5,985亿元，yoy+1.0%），5G基站建设和用户渗透率持续提升。得益于今年DOU逐月加速增长，且4月DOU增速 （yoy+14.6%）创下2024年以来单月新高，4月电信业务收入回暖（当月1,516亿元，yoy+2.0%）。 今日（6.13），受中东战局影响，市场情绪不振，A股集体飘绿，电信板块逆市上涨。热门ETF方面，截至11:23，电信 50ETF(560300)微涨0.07%。从更长周期来看，电信50ETF(560300)可以说是"闷声发大财"，其标的指数2024全年涨超40%，而作为对 比，沪深300同期的涨幅仅15%（来源：Wind，2024/01/01-2024/12/31）。 与此同时，纲领性政策出台，推动运营商深化改革。《关于完善中国特色现代企业制度的意见》近日发布，政策定位为新时代完善 企业制度的纲领性文件：1）《意见》要求优化国企股权结构，支持上市公司引入持股5%以上的积极股东；2）《意见》 ...

Group 1 - The "Tech Forever" innovation exhibition in Paris showcases cutting-edge technologies from Chinese companies, including Huawei, Yushutech, China Mobile, and others, attracting numerous visitors and professionals [1][2] - The Chinese pavilion serves as a platform for displaying technological achievements and fostering collaboration between Chinese enterprises and French institutions [1] - Yushutech presented an updated version of its humanoid robot G1, aiming to promote its application in education and research fields, contributing to AI technology development and STEM education [1] Group 2 - Xidimo 3D Printing Company showcased a full range of printing equipment capable of high-performance 3D printing solutions for satellite thermal control structures and electric vehicles [2] - China Unicom highlighted its integrated system solutions for Chinese enterprises going abroad and local foreign enterprises, with a focus on AI applications in system upgrades [2] - The "Tech Forever" exhibition, established in 2016, has become a significant platform for technology innovation and startups, with around 3,500 exhibitors and an expected visitor count exceeding 160,000 this year [2]

Core Insights - A new type of scam targeting elderly individuals has emerged, where fraudsters exploit their concern for family members by fabricating urgent situations to induce them to transfer money [1][2] - The case of Aunt Wang in Yantai highlights the effectiveness of using AI and big data technology in combating such scams, leading to the arrest of a suspect and the dismantling of a cross-border fraud ring [2][3] Group 1: Scam Mechanism - Scammers impersonate police officers and claim that the victim's grandchild is involved in criminal activities, demanding money to resolve the situation [2] - The initial demand was for 5,000 yuan, which escalated to 200,000 yuan as the scam progressed [2] Group 2: Technological Response - Yantai Unicom launched an intelligent monitoring system on April 16, which screens over 2,000 landline numbers daily to identify potential fraud risks [3] - The system utilizes 12 characteristics, including overseas calls and high-frequency dialing, to build a fraud identification model and push real-time alerts to the police [3] Group 3: Community Engagement - Yantai Unicom has established a dual protection system combining technology and community outreach, including anti-fraud SMS alerts and educational workshops for the elderly [5] - Volunteer teams conduct tailored anti-fraud lectures in communities to raise awareness among senior citizens [5] Group 4: Broader Impact - The anti-fraud system has been expanded across Shandong province, intercepting 337,000 fraudulent calls and blocking 510 million yuan in suspicious transactions since 2025 [6] - The initiative has successfully deterred over 5 million potential victims through various communication methods [6]