Group 1 - The conference titled "Intelligent Connectivity and Cloud-Driven Future" was held by China Telecom in Linyi, showcasing the integration of technology and ecology [1] - China Telecom has established the world's largest 5G network and computing power scheduling network, serving over 1 billion users and millions of enterprises [1] - The company aims to accelerate Linyi's transition to a "new high ground of digital economy" by integrating its capabilities with local development [1] Group 2 - The conference emphasized the importance of building an open ecosystem through "platform co-construction, capability sharing, and value co-creation" [2] - China Telecom launched the "Cloud Entropy: Change Engine" ecosystem partner empowerment plan, providing comprehensive support to partners [2] - The company awarded 17 trophies to outstanding partners for their contributions to technological innovation [2] Group 3 - Technical experts presented eight core capabilities of China Telecom, highlighting advancements from cloud computing to quantum security [3] - The "Cloud Sail: Intelligent Star Path" partner program was introduced, inviting more partners to join and share digital dividends [4] - Case studies were shared, demonstrating how China Telecom's technology is transforming traditional industries in Linyi [4]

记者从发布会上获悉，本届大会联合欧中企业联合会、中国进出口银行、中国电信、毕马威等24家 协会与企业代表成立"出海国际合作联盟"。大会期间，16家领军企业签约入驻北京出海基地，签约总额 超百亿元。 新华社北京7月5日电（记者阳娜）"大会期间，国际团组与北京数字经济企业、园区开展深度合作 对接70余场次，推动意向合作项目超百个。"北京市经信局副局长刘维亮在5日举行的2025全球数字经济 大会成果发布会上介绍。 此外，大会还在推动全球多个城市间数字经济协同合作方面取得成果。例如，联合40个国际城市发 起成立"全球数字经济城市联盟"；发布《全球数字友好倡议》，启动"全球数字友好开源社区"；落 地"联合国开发计划署数字友好和数字经济可持续创新实验室"等。 【纠错】 【责任编辑:刘子丫】 同时，大会还举办欧洲、东南亚专场供需对接会和5场国际政企交流活动，吸引近200家中外企业参 与，促成10余个中外项目合作。大会期间还签订了"中国数字经济联盟""京台数智绿色协同创新发展合 作网络""数字京津冀协同共建服务联盟"等16份合作协议与合作备忘录。 ...

#中国电信回应777777携号转网受限#【#777777靓号携号转网受限#，中国电信：肯定有限制，能不能行 由领导批准】澎湃读者王学彬反映，他手机号18***777777携号转网遭遇各种限制。中国电信桂林公司 人士介绍，三连号市级批，六连号省区级批，转号肯定会有限制。（素材来源 相关人士） 特别声明：以上文章内容仅代表作者本人观点，不代表新浪网观点或立场。如有关于作品内容、版权或其它问 题请于作品发表后的30日内与新浪网联系。 777777靓号携号转网受限，中国电信：肯定有限制，能不能行由领导批准 777777靓号携号转网受 限，中国电信：肯定有限制，能不能行由领导批准 ...

Core Insights - Real-time cloud rendering is an emerging rendering method based on rapid advancements in cloud computing, virtualization, and rendering engines, enabling high-quality video streaming of complex 2D or 3D graphics in real-time [1][2][7] - The global real-time cloud rendering market is projected to grow from $1.595 billion in 2020 to $4.03 billion by 2024, achieving a compound annual growth rate (CAGR) of 26% [7][9] - In China, the market is expected to reach 8 billion yuan in 2024, with a year-on-year growth of 45.5%, significantly outpacing the global market [9] Market Overview - Real-time cloud rendering enhances user experiences across various sectors, including entertainment, film, tourism, architecture, social interaction, and office applications, as well as cutting-edge fields like the metaverse and digital twins [1][9] - The service is categorized into three main applications: cloud gaming, cloud-native, and other scenarios, with cloud gaming being the primary application due to its established industry framework and large user base [11][13] Competitive Landscape - The real-time cloud rendering market consists of independent rendering cloud vendors and cloud computing providers, each offering different capabilities and solutions [13] - Independent vendors, like Ruiyun Technology, provide platforms compatible with multiple computing resources, while cloud computing firms, such as Alibaba Cloud, offer integrated "compute + render" platforms but with limited application support [13] Business Model - Various pricing models exist for cloud rendering services, including billing by duration, frame count, or node count, with many platforms adopting a dual-track pricing model based on configuration and time [15] Industry Trends - The real-time cloud rendering market is evolving towards large-scale, diversified, and specialized services, driven by the increasing complexity of application scenarios and the demand for high-quality rendering [19] - Enhanced infrastructure capabilities are necessary to meet the growing demands for computing power, storage speed, and network bandwidth [20] - The integration of artificial intelligence with real-time cloud rendering is improving rendering quality and system responsiveness, enhancing user interaction [21] - The industry ecosystem is expanding, attracting more participants and driving growth, although many applications are still in early development stages [22]

Group 1 - As of August 11, 2025, China Telecom's stock price is 7.38 yuan, unchanged from the previous trading day, with a trading volume of 8.38 billion yuan and 1.36% fluctuation [1] - China Telecom is a major state-owned telecommunications operator in the communication services industry, providing fixed, mobile, and satellite communication services [1] - Recently, the company established a smart technology company in Anhui with a registered capital of 10 million yuan, focusing on 5G communication technology services and software development [1] Group 2 - On August 8, China Telecom and China Electronics Corporation jointly established a new company, the China Information Technology Application Innovation Promotion Center, with a registered capital of 200 million yuan [1] - On August 11, the net inflow of main funds for China Telecom was 1.7283 million yuan, while the net outflow over the past five days was 33.014 million yuan [1]

Investment Rating - The report maintains a "Buy" rating for Tianfu Communication, Ruijie Network, China Mobile, China Telecom, and Hengtong Optics, while recommending "Hold" for China Unicom [9][42]. Core Viewpoints - The commercial aerospace sector is experiencing significant developments, with a notable increase in satellite launches, particularly the successful launch of the low-orbit satellite group on August 4 [3][12]. - The report emphasizes the growth opportunities in the satellite internet and commercial aerospace sectors, driven by high-frequency launches and advancements in satellite technology [2][16]. - The AI-driven optical fiber industry is also highlighted, with companies like Changfei Fiber and Hengtong Optics making strides in advanced optical materials and production capacity [2][4]. Summary by Sections Market Overview - The communication index rose by 1.3%, while the Shanghai Composite Index increased by 2.11% and the Shenzhen Component Index by 1.25% [2][12]. - The report notes the successful launch of the low-orbit satellite group and anticipates continued high-frequency launches to meet network demands [2][12]. Commercial Aerospace Developments - Key events include the successful launch of the Long March 12 rocket, which significantly increased the launch frequency to an average of one every three days [3][13]. - The report suggests that the rocket industry is poised for breakthroughs in the second half of 2025, with numerous catalytic events expected to boost market sentiment [3][15]. Key Companies and Dynamics - The report identifies several companies with strong growth potential, including Tianfu Communication, Ruijie Network, China Mobile, China Telecom, Hengtong Optics, and Huace Navigation, focusing on AI computing power and satellite internet [4][42]. - Specific recommendations include maintaining a "Buy" rating for Tianfu Communication and Ruijie Network based on their strong performance and growth prospects in the AI and optical fiber sectors [42][43]. Investment Opportunities - The report highlights the potential for investment in the satellite internet sector, driven by both domestic and international developments, including the deployment of satellite constellations and advancements in ground infrastructure [16][15]. - The focus on AI computing power and the optical fiber industry is expected to create further investment opportunities as demand for high-speed data transmission increases [2][4].

Core Points - The Shanghai Composite Index increased by 0.34%, while the China Securities Hong Kong 300 Communication Services Index (H300 Communication) reported a value of 1578.18 points [1] - The H300 Communication Index has seen a rise of 4.79% over the past month, 16.90% over the past three months, and 32.48% year-to-date [1] Group 1: Index Overview - The China Securities Hong Kong 300 Industry Index series classifies securities based on the China Securities Industry Classification Standard, reflecting the overall performance of different sectors in the Hong Kong market [1] - The base date for the index is December 31, 2004, with a base point of 1000.0 [1] Group 2: Top Holdings - The top ten holdings of the H300 Communication Index are Tencent Holdings (15.07%), NetEase-S (13.89%), China Mobile (13.81%), Baidu Group-SW (12.96%), Kuaishou-W (12.72%), Cheung Kong (7.38%), China Telecom (4.5%), China Unicom (3.24%), China Tower (2.93%), and Bilibili-W (2.79%) [1] Group 3: Sector Composition - The sector composition of the H300 Communication Index includes Digital Media (47.10%), Telecom Services (30.30%), Cultural Entertainment (15.78%), Communication Technology Services (2.93%), Data Centers (2.03%), Communication Equipment (0.99%), and Marketing & Advertising (0.86%) [2] Group 4: Sample Adjustment - The index sample is adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [2] - Weight factors are adjusted in accordance with the sample changes, and any temporary adjustments will follow the same protocol as the index sample adjustments [2]

行业报告 | 行业研究周报 通信 证券研究报告 GPT-5 重磅发布，坚定看好 AI 和卫星产业链 本周行业动态： GPT-5 登场：准确性、速度、推理能力等全面突破 OpenAI 公司正式宣布 GPT-5 模型。OpenAI 团队上台介绍 GPT-5 模型，表示 GPT- 5 已经在包括 Swe Bench 在内的几个基准上设定了一个新的水平，GPT-5 的关注点 的关键领域是提高可靠性并准确地说明事实。OpenAI 宣布将面向免费、Plus 以及 Pro 订阅用户推出 GPT-5。用户可以免费使用 GPT-5，但会存在某些配额限制，而 Plus 和 Pro 订阅用户可以享受更高的使用权益。 我国成功发射卫星互联网低轨 07 组卫星 北京时间 2025 年 8 月 4 日 18 时 21 分，我国在海南商业航天发射场使用长征十二 号运载火箭，成功将卫星互联网低轨 07 组卫星发射升空，卫星顺利进入预定轨 道。此次任务是长征系列运载火箭的第 587 次飞行。此次发射是中国星网"GW 星 座"第七次批量组网发射，距离第六批次卫星的成功升空，仅间隔五天。 本周投资观点： 海外算力产业链高景气度依旧，并未受到 De ...

Core Viewpoint - The article highlights the extraordinary dedication and contributions of Chai Ruifeng, a communication maintenance worker in the remote area of Moerdaoga, Inner Mongolia, who has spent fifteen years ensuring reliable communication in extreme conditions, earning the trust and respect of local military and civilian communities [2][6]. Group 1: Personal Journey and Commitment - Chai Ruifeng began his career at the age of 21 in Moerdaoga, tasked with maintaining communication across 12,000 square kilometers of remote forest, often alone [2][3]. - Over fifteen years, he has traveled more than 600,000 kilometers, equivalent to circling the Earth's equator 15 times, showcasing his commitment to his role [3][5]. - His work is characterized by a deep sense of responsibility, viewing the local users as family and expressing that the communication center is his home [3][4]. Group 2: Challenges and Achievements - The most significant challenges in his role include navigating treacherous ice-covered roads, which pose serious risks, especially during winter [3][4]. - Chai has played a crucial role in eliminating "information islands" by participating in the establishment of over 70 new communication stations, significantly improving connectivity in the region [5][6]. - His efforts have been recognized with multiple awards, including the National Labor Model title, reflecting his dedication and impact on the community [6]. Group 3: Community Impact and Recognition - The local military personnel have shown their appreciation by keeping a light on for him during his late-night repairs, symbolizing their trust and gratitude [4][6]. - Chai's story is emblematic of the spirit of dedication and service, representing the values of hard work and commitment to the community in the face of adversity [6].

Core Viewpoint - The article emphasizes the rapid development and enhancement of China's information and communication industry, highlighting its role as a strategic and foundational sector for economic and social development, particularly during the "14th Five-Year Plan" period [1]. Group 1: Communication Infrastructure Improvement - The construction of communication infrastructure has accelerated, achieving significant breakthroughs in technology, with a solid "digital foundation" established [3]. - As of June 2023, China has completed its goals for 5G and gigabit optical network construction, with 4.55 million 5G base stations and 226 million gigabit broadband users [3]. - The total length of optical cable lines reached 73,770 kilometers, and the deployment of 400G backbone networks has begun, significantly enhancing transmission bandwidth and network capacity [3]. Group 2: Industry Integration and Application - The integration of 5G and AI technologies has improved production efficiency, as seen in the automotive industry, where a smart detection system has increased production line efficiency by 20% [5]. - 5G applications have penetrated 86 out of 97 major categories of the national economy, with over 18,500 "5G + Industrial Internet" projects established [7]. Group 3: Service Quality Enhancement - The information and communication industry has improved service quality by addressing consumer concerns, such as implementing measures to reduce misleading marketing practices [8]. - The industry has also focused on enhancing accessibility for special groups, with over 3000 websites and apps modified for older adults and disabled individuals [8][9]. - A total of 1.046 billion instances of "Do Not Disturb" services have been provided to 1.08 billion users, reflecting the industry's commitment to consumer protection [9].