（记者 王晓波） 每经头条（nbdtoutiao）——5年期大面积下线，3年期利率低至1.5%仍一单难求：要么"售罄"要么"额度 紧张"！中长期大额存单为何在消失？ 每经AI快讯，中贝通信12月1日晚间发布公告称，截至本公告披露日，公司对外担保均为公司为子公司 提供的担保。公司为子公司实际提供的担保额为人民币约11.14亿元，占公司最近一期经审计净资产的 54.62%。 ...

每经AI快讯，有投资者在投资者互动平台提问：公司在1.6T光模块方面是否有布局？ 中贝通信（603220.SH）11月28日在投资者互动平台表示，公司在1.6T光模块方面暂时没有布局。 （文章来源：每日经济新闻） ...

每经AI快讯，有投资者在投资者互动平台提问：公司在1.6T光模块方面是否有布局？ 中贝通信（603220.SH）11月28日在投资者互动平台表示，公司在1.6T光模块方面暂时没有布局。 （记者 张明双） ...

Core Insights - The article highlights the strategic vision of Zhongbei Communication, led by Chairman Li Liubing, emphasizing the importance of balancing social benefits with precise and stable business operations [4][5][10] Company Strategy - Zhongbei Communication is advancing a fundraising plan of up to 1.922 billion yuan, with 1.102 billion yuan allocated for the construction of computing power centers [6] - The company aims to expand its computing power cluster significantly, targeting a total capacity of 20,000P to meet the growing demand for high-performance GPU clusters [6][7] - The strategic focus includes international expansion, particularly in Southeast Asia, with ongoing projects in Indonesia [6][7] Technological Development - The company is transitioning from traditional communication technology to artificial intelligence, positioning itself in the "AI + communication" era [5] - Zhongbei Communication has established computing power clusters in various locations, with a target of exceeding 15,000P by the end of 2024 and a reported revenue growth of 498.21% in the first half of 2025 [5][6] Management Philosophy - Li Liubing employs a unique "reverse management philosophy," where rules are established from the bottom up, ensuring that all employees can execute and accept the policies [9] - The company emphasizes transparency and collaboration, fostering a culture where all levels of staff can contribute effectively [9][10] Global Expansion - Zhongbei Communication is shifting its overseas strategy from "borrowing boats to go to sea" to "building boats to go to sea," establishing subsidiaries in countries like Saudi Arabia and South Africa [10] - The company is also collaborating with academic teams on early research in 6G semantic communication, which is seen as a key technology for future advancements [7][10]

Core Viewpoint - The article highlights the strategic vision of Zhongbei Communication, focusing on its commitment to innovation and expansion in the AI and computing power sectors, supported by a recent fundraising initiative of 19 billion yuan to enhance its capabilities and market presence [1][3][7]. Group 1: Company Background and Development - Zhongbei Communication was founded in 1992 by Li Liubing, who aimed to address the reliance on foreign technology in the domestic telecommunications sector, which was costly and slow [1][2]. - The company has evolved from a telecommunications technology provider to a player in the AI-driven computing power market, emphasizing the integration of AI and communication technologies [2][3]. Group 2: Strategic Initiatives - The company plans to raise up to 19.22 billion yuan, with 11.02 billion yuan allocated for the construction of computing power centers, aiming to expand its computing power cluster and support its strategic projects [3][4]. - Zhongbei Communication has established computing power clusters in various locations, with a target of exceeding 15,000 PetaFLOPS by the end of 2024, and a significant revenue growth of 498.21% in the first half of 2025 [2][3]. Group 3: Management Philosophy - The company employs a unique "reverse management philosophy," where rules and systems are developed from the ground up, ensuring that they are executable and accepted by employees [5][6]. - This management approach fosters transparency and collaboration, allowing for efficient decision-making and empowering employees at all levels [5][6]. Group 4: International Expansion and Collaboration - Zhongbei Communication is accelerating its internationalization through investments and partnerships, aiming to enhance its global digital infrastructure service capabilities [4][6]. - The company is also collaborating with academic teams on early research in 6G semantic communication, positioning itself for future technological advancements [4][6]. Group 5: Future Outlook - The company remains committed to its original mission of making communication technology accessible to more people, focusing on innovation and keeping pace with trends in AI and 6G development [7].

Group 1 - The establishment of Shibei Qiyuan (Wuhan) Artificial Intelligence Technology Co., Ltd. has been reported, with a registered capital of 10 million yuan [1] - The company's business scope includes artificial intelligence public service platform technology consulting, AI application software development, AI hardware sales, intelligent robot sales, and R&D of intelligent robots [1] - The company is jointly held by Zhongbei Communication (603220) and other stakeholders [1]

Market Overview - The communication services sector experienced a slight decline of 0.09% on November 12, with Zhongbei Communication leading the drop [1] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] Stock Performance - Notable gainers in the communication services sector included: - Online and Offline (code: 6660008) with a closing price of 154.12, up 7.03% and a trading volume of 127,100 shares, totaling 1.927 billion yuan [1] - Sanwei Communication (code: 002115) closed at 12.12, up 4.12% with a trading volume of 1.3922 million shares, totaling 1.649 billion yuan [1] - Major decliners included: - Zhongbei Communication (code: 603220) closed at 23.43, down 3.42% with a trading volume of 138,800 shares, totaling 326 million yuan [2] - Jialin Technology (code: 603206) closed at 16.00, down 2.91% with a trading volume of 47,400 shares, totaling 76.815 million yuan [2] Capital Flow - The communication services sector saw a net outflow of 556 million yuan from institutional investors, while retail investors contributed a net inflow of 435 million yuan [2][3] - Key stocks with significant capital flow included: - Sanwei Communication had a net inflow of 15.3 million yuan from institutional investors, but a net outflow of 76.58 million yuan from retail investors [3] - China Mobile experienced a net inflow of 13.7 million yuan from institutional investors, with a net outflow of 99.74 million yuan from retail investors [3]

Core Insights - The report highlights the performance of the domestic financial market, with the Shanghai Composite Index closing at 4002.76, down 0.39% [4] - The retail sales of new energy passenger vehicles reached 1.282 million units in October, marking a year-on-year increase of 7.3% and a cumulative retail of 10.151 million units from January to October, reflecting a growth of 21.9% [6] - The report discusses the increasing market scale in the express delivery industry, indicating a seasonal growth trend [8] Industry Updates - Multiple departments have jointly issued documents to promote the open interconnection of enterprise logistics data, with related stocks including SuperMap Software (300036) and Hezhong Shizhuang (002383) [8] - Two departments have issued documents to strengthen the technological innovation support for new energy consumption, with related stocks including Southern Power Grid Technology (688248) and Oriental Electronics (000682) [8] - The express delivery industry is showing signs of seasonal characteristics, with accelerated market growth and related stocks including YTO Express (600233) and Shentong Express (002468) [8] Company Focus - Maiwei Biotech (688062) has received approval from the National Medical Products Administration for a Phase II clinical trial application for its MW3811 injection for pathological scars, with trials expected to start by the end of 2025 [10] - Zhongbei Communication (603220) has signed a comprehensive service framework agreement with Xiamen Hongxin Electronic Technology Group to collaborate on computing resource services [10] - Chaoying Electronics (603175) plans to expand its AI computing high-end printed circuit board production project in Thailand [10] Market Review and Outlook - On November 11, the total trading volume in the two markets was 1.9936 trillion yuan, with 2631 stocks rising and 2380 stocks falling, indicating a net outflow of 76.83 billion yuan [12] - The report notes that the market is experiencing a weak recovery with a focus on speculative trading, while trends in battery and photovoltaic sectors show relative resilience [13] - The report suggests that if the market experiences a pullback, investors may consider low-risk opportunities in resilient sectors for trial trading [13]

Core Insights - The company, Zhongbei Communication, has signed a significant contract worth up to 1 billion RMB with Xiamen Hongxin Electronics for comprehensive computing power services over the next 60 months, marking a major breakthrough in the AI computing power service sector [1][2] Group 1: Contract Details - The contract includes high-performance computing resources and related support services, with Zhongbei providing intelligent computing resources, cabinet services, and operational maintenance services [2] - The ownership of the physical computing resources will remain with Zhongbei or third parties, while Hongxin Electronics will have the right to use these resources [2] - The announced 1 billion RMB does not include cabinet services and operational maintenance, indicating that the total value of the collaboration may exceed 1 billion RMB as specific agreements are made later [2] Group 2: Business Performance - In the first half of 2025, Zhongbei's intelligent computing service revenue reached 297 million RMB, reflecting a staggering year-on-year growth of 498.21%, with an operational computing power scale exceeding 15,000 P [3] - Despite a slight revenue increase of 5.05% in the first three quarters of 2025, the company's profits have significantly declined due to reduced income from traditional 5G infrastructure and increased financial costs [3] - The partnership with Hongxin Electronics is viewed as a strategic shift for Zhongbei, emphasizing the development of intelligent computing as a new growth avenue [3]

Group 1 - The company and its subsidiary, Bester Saudi Limited, plan to apply for a loan of USD 20 million from the China Development Bank for an EPC project, with a financing term of 3 years [2][3] - The loan will be secured by the company's real estate and state-owned land use rights, with additional collateral in the form of an account pledge from Bester Saudi [2][6] - The company has approved a total external guarantee limit of RMB 5 billion for 2025, with a specific guarantee amount of RMB 200 million for Bester Saudi [3][4] Group 2 - As of the announcement date, the company has provided guarantees totaling RMB 2.91416 billion for Bester Saudi, with a remaining guarantee capacity of RMB 54.292 million [4][8] - The board of directors has confirmed that the loan and guarantee are within the authorized scope and comply with relevant regulations [7][8] - The company holds a 51% stake in Bester Saudi, allowing it to effectively control the financial risks associated with the subsidiary [8][9]