证券之星消息，11月17日通信服务板块较上一交易日上涨0.04%，中富通领涨。当日上证指数报收于 3972.03，下跌0.46%。深证成指报收于13202.0，下跌0.11%。通信服务板块个股涨跌见下表： | 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 | | --- | --- | --- | --- | --- | --- | --- | --- | | 603881 | 数据港 | 2.49 Z | 8.25% | -8230.39万 | -2.73% | -1.66 Z | -5.52% | | 300560 | 中富通 | 9287.40万 | 8.20% | -5641.24万 | -4.98% | -3646.16万 | -3.22% | | 002544 普天科技 | | 5210.72万 | 12.73% | -2752.98万 | -6.73% | -2457.74万 | -6.00% | | 603322 超讯通信 | | 4941.70万 | 8.84% | -3165.92万 | -5.66% ...

11月7日， 2025 全球计算大会（CGC）期间，由全球计算联盟（GCC）主办的 "2025 年度全球计算产业应用案例汇编（GMVPS）" 正式发布，同期揭晓 "编 委会特别推荐" 称号及入册案例名单。作为连续成功举办四届的产业专项，本次活动以近60份申报案例的规模、跨十余个行业的覆盖广度，再度成为全球计 算产业创新的 "年度风向标"。 为保障评选专业性，GCC组建由 技术指导委员会（TC）、分支机构专家、行业领军学者、权威媒体代表及资深分析师构成的编委会，历经多轮材料审核、 技术论证与综合评审，最终筛选出年度技术创新与行业应用两大方向的标杆案例，同时首次推评 "编委会特别推荐" 称号，树立具有突破性价值的实践成果 标杆。 ES M MVPS) III Case Collection of 2025 Global Most Valuable Practice Solutions 全球计算联盟编制 2025年度 01四年积淀再升级：权威评审筛选标杆实践 本次案例征集自7月21日启动以来，得到昇腾社区、极术社区、鲲鹏创新中心、魔乐社区、飞腾开发者平台的大力支持，吸引GCC会员单位及产业伙伴踊跃 申报。活动聚焦 ...

Investment Rating - The report maintains an "Outperform" rating for the communication industry [5][44]. Core Insights - The communication industry is experiencing strong growth driven by advancements in AI infrastructure and silicon photonics, with companies like Tower and AMD showing significant revenue growth projections [1][15][21]. - Tower Semiconductor's Q3 2025 revenue reached $396 million, a 7% year-over-year increase, with expectations for Q4 revenue to be $440 million, driven by a 70% increase in silicon photonics revenue [11][1]. - AMD projects a compound annual growth rate (CAGR) of over 35% for overall revenue and over 60% for its data center business over the next 3-5 years, highlighting the growing demand for AI-related infrastructure [15][21]. - Cisco reported an 8% year-over-year revenue increase in Q1 FY2026, primarily due to strong AI infrastructure orders, with expectations for AI-related revenue to exceed $3 billion in FY2026 [21][22]. Summary by Sections Industry News Tracking - North American optical module and chip companies are expected to see significant growth, with Tower planning to triple its silicon photonics capacity [1][11]. - Baidu's World Conference 2025 unveiled a roadmap for computing infrastructure upgrades and the launch of the Wenxin large model 5.0, showcasing advancements in AI capabilities [26][27]. - The successful launch of 13 low-orbit satellites marks a significant step in accelerating satellite internet development [28]. Market Performance Review - The communication index fell by 4.77% this week, underperforming the Shanghai and Shenzhen 300 index, which decreased by 1.08% [3][36]. - Within the sector, IoT controllers, operators, and satellite internet showed relatively better performance [3][39]. Investment Recommendations - Continued focus on AI computing infrastructure development is advised, with recommendations to consider companies involved in optical devices, communication equipment, and liquid cooling solutions [44]. - The three major telecom operators are highlighted as important assets for long-term investment due to their stable operations and increasing dividend payouts [44]. Key Company Earnings Forecasts and Investment Ratings - Key companies such as China Mobile, Zhongji Xuchuang, and ZTE are rated as "Outperform" with projected earnings per share (EPS) growth and favorable price-to-earnings (PE) ratios [5][43].

Investment Rating - The report maintains an "Outperform" rating for the communication industry [5][44]. Core Insights - The communication industry is experiencing strong growth driven by advancements in AI infrastructure and silicon photonics, with companies like Tower and AMD showing significant revenue growth projections [1][15][21]. - The report highlights the robust performance of North American optical module and chip companies, indicating a sustained high demand for computing power [11][21]. - Cisco's strong Q1 FY2026 results, driven by AI infrastructure orders, reflect the increasing importance of AI in the industry [21][22]. Summary by Sections Industry News Tracking - Tower Semiconductor reported a Q3 2025 revenue of $396 million, a 7% year-over-year increase, with a projected Q4 revenue of $440 million, driven by a 70% increase in silicon photonics revenue [1][11]. - AMD aims for a revenue CAGR of over 35% in the next 3-5 years, with its data center business expected to grow at over 60% CAGR [15][18]. - Cisco's Q1 FY2026 revenue reached $14.9 billion, an 8% year-over-year increase, with AI infrastructure orders hitting $1.3 billion [21][22]. Market Performance Review - The communication sector index fell by 4.77% this week, underperforming the broader market [3][36]. - The report notes that IoT controllers, operators, and satellite internet sectors performed relatively well despite the overall decline [3][39]. Investment Recommendations - The report suggests focusing on AI computing infrastructure development, recommending companies like China Mobile, Zhongji Xuchuang, and ZTE for long-term investment [4][44]. - It emphasizes the importance of the three major telecom operators as stable dividend-paying assets [4][44].

Core Insights - The report reveals that in 2024, 5,091 listed companies in China contributed approximately 39,727 billion yuan in actual tax payments, remaining stable compared to 2023, accounting for about 22.7% of the national tax revenue [3][4]. Group 1: Tax Contributions and Distribution - The top 100 listed companies contributed around 73% of the total tax payments, indicating a significant concentration of tax contributions among a small number of firms [5]. - Major contributors include China National Petroleum (3,961 billion yuan) and Sinopec (3,313 billion yuan), with several banks and other companies also exceeding 1,000 billion yuan in tax payments [5]. - The average tax payment per listed company was 7.8 million yuan, with a median of 0.53 million yuan [6]. Group 2: Industry Contributions - The mining, financial, and manufacturing sectors accounted for nearly 77% of the total tax contributions from listed companies, with mining alone contributing about 1 trillion yuan [8]. - The manufacturing sector saw the highest growth in tax contributions, increasing by approximately 22.6 billion yuan, while the real estate sector experienced the largest decline at around -28% [12]. Group 3: Ownership Structure and Tax Burden - State-owned enterprises represented about 30% of listed companies but contributed nearly 80% of the total tax payments, highlighting the dominance of state-owned firms in tax contributions [12]. - The average tax burden for listed companies has decreased over the years, with the tax payment per 100 yuan of revenue dropping to approximately 5.6 yuan in 2024 [13]. - The mining and financial sectors had the highest tax payment per 100 yuan of revenue at around 12 yuan, while the manufacturing sector had a lower tax burden of about 4 yuan [14].

Core Insights - The report from Southwest University of Finance and Economics reveals the tax contributions of listed companies in China for 2024, indicating a total actual tax payment of approximately 39,727 billion yuan, which remains stable compared to 2023 [1] Group 1: Tax Contributions - A total of 5,091 listed companies contributed an actual tax amount of about 39,727 billion yuan in 2024, accounting for approximately 22.7% of the national tax revenue [1] - The top 100 listed companies contributed around 73% of the total actual tax payments made by all listed companies [1] Group 2: Industry Contributions - The industries with the highest tax contributions are concentrated in mining, finance, and manufacturing [1] - China National Petroleum Corporation and Sinopec ranked first and second in actual tax payments, contributing 3,961 billion yuan and 3,313 billion yuan, respectively [1] - Major banks such as Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, and Bank of China each contributed over 1,000 billion yuan, ranking third to seventh [1] - Kweichow Moutai, China State Construction Engineering, and China Mobile each contributed over 500 billion yuan, ranking eighth to tenth [1]

Core Insights - The report reveals that in 2024, 5,091 listed companies in China contributed approximately 39,727 billion yuan in actual tax payments, remaining stable compared to 2023, accounting for about 22.7% of the national tax revenue [1][2] Group 1: Tax Contributions and Distribution - The top 100 listed companies contributed around 73% of the total tax payments, indicating a significant concentration of tax contributions among a small percentage of companies [3] - Major contributors include China National Petroleum (3,961 billion yuan) and Sinopec (3,313 billion yuan), followed by major banks and companies like Agricultural Bank of China and China Mobile, each exceeding 1,000 billion yuan in tax payments [3] - The average tax payment per listed company was 7.8 million yuan, with a median of 0.53 million yuan [4] Group 2: Industry Contributions - The mining, financial, and manufacturing sectors accounted for nearly 77% of the total tax contributions from listed companies, with the mining sector alone contributing about 1 trillion yuan [4][9] - The manufacturing sector saw the highest growth in tax contributions, increasing by approximately 226 million yuan, while the real estate sector experienced the largest decline at -28% [9] Group 3: Ownership Structure and Tax Burden - State-owned enterprises represented about 30% of listed companies but contributed nearly 80% of the total tax payments, highlighting the dominance of state-owned firms in tax contributions [9] - The average tax burden for listed companies has decreased to approximately 5.6% in 2024, down from 8.9 yuan per 100 yuan of revenue in 2015, reflecting the impact of tax reduction policies [10] - The mining and financial sectors had the highest tax burden per 100 yuan of revenue, at around 12 yuan, while the manufacturing sector had a lower burden of about 4 yuan [10] Group 4: Emerging Sectors - Companies related to digital currency and digital government concepts had relatively low tax contributions, indicating potential for growth in tax contributions from these sectors [11]

◎记者 王子霖 张雪 央企控股上市公司是国家战略的核心载体，更是资本市场的"基本盘"，其总市值约占A股三成，在维护 市场健康稳定发展中扮演着关键角色。近年来，在证监会与国务院国资委系列新政的推动下，"市值管 理"已从边缘话题跃升为国资央企的核心战略。2024年以来，体现央企板块走势的国新央企综合指数涨 幅超20%，市场反响强烈。 阶段性成果已经显现，将市值管理向制度化、纵深化推进，着力构建长效机制，已成为摆在各央企面前 的新任务。接受上证报记者采访的专家一致认为，央企市值管理绝非短期的"股价管理"，而是一场以价 值创造为根基、以价值传递为桥梁、以长效战略机制为保障的系统性工程，旨在实现内在价值与市场价 值的统一，引领A股市场走向成熟。 内修价值创造之功，强业绩之基 市值管理的根本在于提升内在价值，脱离业绩支撑的一切手段皆为无源之水。 今年以来，央企正通过聚焦主业、强化盈利和创新能力来夯实这一基础。数据显示，2025年前三季度， 超220家央企控股上市公司实现归母净利润同比增长，19家净利润翻番，多家公司实现扭亏为盈，国防 军工、机械设备等行业表现尤为亮眼。 "中央企业要牢固树立科学市值管理理念，把立足点放在切 ...

俊知集团(01300)发布公告，2025年11月11日，中国移动（600941）通过其线上商务平台公布了中国移 动2025年至2026年通信用电力电缆产品集中采购项目中选结果公示(以下简称"中标公示")，本集团的全 资附属公司，江苏俊知技术有限公司(以下简称"俊知技术")为相关中标候选人，预中标具体项目如下： 中国移动2025年至2026年通信用电力电缆产品集中采购项目：俊知技术此次投标报价不含税为人民币 17.9995亿元，中标排名第三及份额为19.44%。 中国移动是本集团主要客户之一，此集采对5G新基建规模部署有积极推动作用。中标公示的公示期已 经结束，公示期为2025年11月11至14日。 ...

中国移动是本集团主要客户之一，此集采对5G新基建规模部署有积极推动作用。中标公示的公示期已 经结束，公示期为2025年11月11至14日。敬请广大投资者谨慎投资决策，注意防范投资风险。 中国移动2025年至2026年通信用电力电缆产品集中采购项目：俊知技术此次投标报价不含税为人民币 1,799,952,662.07元，中标排名第三及份额为19.44%。 格隆汇11月14日丨俊知集团(01300.HK)公告，2025年11月11日，中国移动通过其线上商务平台公布了中 国移动2025年至2026年通信用电力电缆产品集中采购项目中选结果公示(以下简称"中标公示")，集团全 资附属公司，江苏俊知技术有限公司(以下简称"俊知技术")为相关中标候选人，预中标具体项目如下： ...