Group 1: Autonomous Vehicle Operations - WeRide has received approval from the UAE federal government to launch a fully autonomous Robotaxi service in Abu Dhabi, marking the first city-level L4 autonomous driving commercial license outside the United States [1] - LoBo has announced the receipt of the first fully autonomous commercial operation license from the Abu Dhabi Integrated Transport Center (ITC), indicating its first large-scale public operation outside of China [2] Group 2: Mergers and Acquisitions - Rumble has signed a business combination agreement to acquire German AI company Northern Data, which will allow Rumble to expand its cloud business and accelerate its international expansion strategy [3] Group 3: New Product Launches - Zero One has launched its electric heavy-duty truck "Jingzhe Leizhenzi," which targets core application scenarios such as coal, gravel, containers, and steel, featuring the world's first end-to-end multi-modal L4 autonomous driving solution for heavy trucks [4] - Meituan has entered public testing for its first AI IDE product, Meituan CatPaw, which focuses on agent-driven programming and supports features like code completion and project debugging [5] Group 4: Financing Activities - Blue Solid (Changzhou) New Energy Co., Ltd. has completed a 200 million RMB Series B financing round, with investors including Suining Industrial Investment and Jiu Zhi Capital [6][9] - Xingneng Xuanguang has completed a multi-billion RMB Pre-A financing round led by Ant Group, with plans to enhance its facility performance and expand its team to advance its unique fusion energy technology [8] Group 5: Industry Insights - Citigroup analysts predict a strong potential demand for batteries in the coming years, forecasting a 31% year-on-year growth in battery demand by 2026 [10] - The National Development and Reform Commission of China emphasizes the need for state-owned enterprises to open their main business scenarios to attract participation from private SMEs and research institutions [10] Group 6: Technological Developments - China successfully launched 13 low-orbit satellites for satellite internet, marking a significant advancement in its commercial space capabilities [11] - The National Development and Reform Commission and the National Energy Administration have outlined plans for a new power system that accommodates a high proportion of renewable energy by 2035 [11]

Core Viewpoint - Zhongbei Communication has signed a comprehensive computing power service framework agreement with Xiamen Hongxin Electronic Technology Group, indicating a strategic partnership to provide advanced computing power services, with a total service amount of 1 billion yuan over a period of 60 months [1] Group 1 - The agreement was signed on November 10, 2025, and is aimed at meeting the business development needs of Hongxin Electronic and its subsidiaries [1] - The total amount for the computing power services is set at 1 billion yuan [1] - The duration of the agreement is 60 months from the effective date [1]

| 证券代码：603220 | 证券简称：中贝通信 | 公告编号：2025-075 | | --- | --- | --- | | 债券代码：113678 | 债券简称：中贝转债 | | 中贝通信集团股份有限公司 关于签订算力综合服务框架协议的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 此次合同履行期限较长，存在合同双方因经营情况变化丧失履约能力的风 险。在合同履行过程中，存在法律、法规、政策、履约能力、技术、市场等方面 不确定性或风险，同时还可能面临外部宏观环境发生重大变化、突发意外事件， 以及其他不可抗力因素影响所带来的风险等，将可能产生合同无法正常履行的风 险。 一、交易概述 2025年11月10日，中贝通信集团股份有限公司（以下简称"公司"、"乙方"） 与厦门弘信电子科技集团股份有限公司（以下简称"弘信电子"、"甲方"）签 订《算力综合服务框架协议》，鉴于公司拥有提供先进计算算力综合服务的能力， 弘信电子及其子公司因自身业务发展需要，拟与公司合作开展算力资源服务业务 合作。本次算力综合服务金额 ...

Core Insights - Zhongbei Communication (603220) has signed a comprehensive computing power service framework agreement with Xiamen Hongxin Electronics (300657) [1] - The collaboration aims to provide computing resource services due to the business development needs of Hongxin Electronics and its subsidiaries [1] - The total amount for the computing power services is set at 1 billion yuan, with a duration of 60 months from the effective date of the agreement [1]

Core Viewpoint - Zhongbei Communication (603220.SH) has signed a comprehensive computing power service framework agreement with Xiamen Hongxin Electronic Technology Group Co., Ltd., indicating a strategic partnership to provide advanced computing power services [1] Summary by Categories Agreement Details - The agreement is valued at 1 billion yuan and will be effective for a period of 60 months from the date of signing [1] Business Collaboration - The collaboration aims to address the computing resource service needs of Hongxin Electronic and its subsidiaries, leveraging Zhongbei Communication's capabilities in advanced computing power services [1]

Core Viewpoint - Zhongbei Communication (603220.SH) has signed a comprehensive computing power service framework agreement with Xiamen Hongxin Electronic Technology Group Co., Ltd. for a total amount of 1 billion yuan, effective for 60 months [1] Summary by Relevant Sections - **Agreement Details** - The agreement involves a total service amount of 1 billion yuan and is set to last for 60 months from the effective date [1] - The collaboration aims to provide advanced computing power services to meet the business development needs of Hongxin Electronic and its subsidiaries [1] - **Financial Impact** - The company will recognize revenue based on contract performance obligations and revenue recognition principles during the relevant accounting periods [1] - The specific accounting treatment and its impact on the company's financial performance will depend on the results confirmed by the annual audit [1] - The agreement's duration and terms introduce uncertainty regarding its effects on the company's current and future financial status and operational results [1]

Core Viewpoint - Zhongbei Communication (603220.SH) has signed a comprehensive computing power service framework agreement with Xiamen Hongxin Electronic Technology Group Co., Ltd. for a total amount of 1 billion yuan, effective for 60 months [1] Summary by Relevant Sections - **Agreement Details** - The agreement is for a total service amount of 1 billion yuan, with a duration of 60 months starting from the effective date [1] - The collaboration aims to provide advanced computing power services to meet the business development needs of Hongxin Electronic and its subsidiaries [1] - **Financial Impact** - The company will recognize revenue based on contract performance obligations and revenue recognition principles during the relevant accounting periods [1] - The specific accounting treatment and its impact on the company's financial performance will be subject to annual audit confirmation, indicating uncertainty regarding the immediate and future financial effects [1]

Core Insights - Zhongbei Communication (603220.SH) has signed a comprehensive computing power service framework agreement with Xiamen Hongxin Electronic Technology Group Co., Ltd. [1] - The agreement involves the procurement of high-performance computing power resources and related services, with a total service amount of 1 billion yuan [1] - The duration of the agreement is set for 60 months from the effective date [1]

Core Viewpoint - Qingwei Intelligent and Zhongbei Communication have signed a strategic cooperation agreement to deepen collaboration on reconfigurable computing chips and full-stack solutions [1] Company Summary - Qingwei Intelligent is a leading company in reconfigurable computing chips, originating from Tsinghua University [1] - The TX series chips developed by Qingwei Intelligent utilize a self-developed reconfigurable computing architecture, achieving a 3x improvement in energy efficiency compared to peer products and a 50% reduction in overall costs [1] Industry Summary - The collaboration aims to create a comprehensive AI computing power solution that spans from chips to clusters and from hardware to software [1]

Group 1 - The core activity involved a delegation from Xiaogan City conducting an investment inspection at the Xiangnan Chamber of Commerce in Wuhan, highlighting the importance of local business engagement in regional development [1][3] - The delegation visited Zhongbei Communication Group Co., Ltd., gaining insights into the company's advancements in 5G infrastructure, computing networks, and artificial intelligence, which left a strong impression on the delegation [3][5] - The Xiangnan Chamber of Commerce expressed gratitude for the visit, emphasizing the significance of this inspection in fostering collaboration between government and enterprises to support local development [3][9] Group 2 - The Vice President of the Xiangnan Chamber of Commerce, representing Youyi Times Wuhan Technology Co., Ltd., presented investment projects, showcasing the company's robust growth of 30% annually and its commitment to contributing to local industry upgrades [5][11] - Chamber members shared their dedication to supporting their hometown, with notable contributions from various companies in technology and finance sectors, aiming to address local business challenges and enhance economic development [7][9] - The event underscored the need for collaboration between government and local businesses to drive high-quality development in the Xiaonan region, aligning with the strategic goals of the Xiaogan municipal government [11][13]