Core Viewpoint - ZTE Corporation (00763) has seen a stock price increase of 4.06%, reaching HKD 29.22, with a trading volume of HKD 430 million, indicating positive market sentiment towards the company [1][4]. Group 1: Company Developments - ZTE has stated that there is a trend of integration between communication technologies in the commercial aerospace sector and terrestrial communication networks, positioning itself as a global leader in this field [1][4]. - The company is focused on building a space-ground integrated communication network aimed at 6G, having conducted multiple NTN technology trials in collaboration with domestic operators and satellite companies, achieving significant breakthroughs [1][4]. - ZTE plans to leverage its advantages in industry standardization, core technologies, and product specifications to provide comprehensive satellite payload products, thereby enhancing the core competitiveness of its partners [1][4]. Group 2: Industry Insights - Huaxi Securities has released a report stating that satellite networks are foundational for the construction of 6G networks, aligning with current standards and timelines for development [1][4]. - Since August, relevant authorities have indicated plans to issue satellite internet licenses, marking a critical first step towards commercial operations in China's satellite internet sector, which is expected to accelerate the entire industry's move towards scaling [1][4].

Core Viewpoint - ZTE Corporation (00763) has seen a stock price increase of over 4%, currently trading at 29.2 HKD with a transaction volume of 370 million HKD, indicating positive market sentiment towards the company [1] Group 1: Company Developments - ZTE has stated on its interactive platform that there is a trend of integration between communication technology in the commercial aerospace sector and terrestrial communication networks, positioning itself as a global leader in communication technology [1] - The company is committed to building a space-ground integrated communication network aimed at 6G, having conducted multiple NTN technology trials in collaboration with domestic operators and satellite companies, achieving significant breakthroughs [1] - ZTE plans to leverage its leading advantages in standardization, core technology, and product specifications in the communication field to provide comprehensive satellite payload products, helping partners build core competitiveness [1] Group 2: Industry Insights - Huaxi Securities has released a report indicating that satellite networks are foundational for the construction of 6G networks, aligning with current standards and timelines for 6G development [1] - Since August, relevant authorities have announced plans to issue satellite internet licenses, marking a critical first step towards commercial operations of satellite internet in China, which is expected to accelerate the entire industry chain towards large-scale development [1]

Group 1 - ZTE Corporation (000063) saw a stock increase of over 4%, currently trading at 29.2 HKD with a transaction volume of 370 million HKD [1] - The company stated on its interactive platform that there is a trend of integration between communication technology in the commercial aerospace sector and terrestrial communication networks, positioning itself as a global leader in communication technology [1] - ZTE has collaborated with domestic operators and satellite companies to conduct multiple NTN technology trials, achieving breakthroughs in the process [1] Group 2 - ZTE aims to leverage its leading advantages in communication industry standardization, core technology, and product specifications to provide comprehensive satellite payload products, helping partners build core competitiveness [1] - Huaxi Securities (002926) released a report indicating that satellite networks serve as the foundation for 6G network construction, aligning with current 6G standards and timelines [1] - Since August, relevant authorities have announced plans to issue satellite internet licenses, marking a significant step towards commercial operation of satellite internet in China, which is expected to accelerate the entire industry chain towards scaling [1]

Core Insights - The launch of the AI assistant phone by Doubao and ZTE Nubia is seen as a significant shift in the AI industry, marking the beginning of a new era in smart devices [1][2] - Experts believe that this innovation could lead to a rapid growth in related sectors such as chip manufacturing and cloud computing, driven by the need for enhanced computing power [2][4] Industry Trends - The introduction of the AI assistant phone signifies a competitive race for transformation within the industry, prompting all players to engage in this emerging market [4] - The product is expected to redefine the business model for smartphone manufacturers, shifting from a one-time hardware sale to ongoing service revenue opportunities [5] Consumer Impact - The success of AI assistant devices will ultimately depend on consumer acceptance, similar to past technological shifts where user preference dictated market leaders [3][4] - The integration of AI into mobile systems is anticipated to enhance user experience and operational efficiency, making it a compelling offering for consumers [2][3]

Core Insights - The company focuses on breakthroughs in core technologies related to connectivity (CT technology) and computing power (IT technology) [1] - Emphasis is placed on core products such as 5G, optical networks, computing power, and terminals, along with a strategic patent layout to enhance core competitiveness [1] R&D and Product Development - In the computing power sector, the company is strengthening the development of intelligent computing products and industry ecosystem collaborations, particularly in response to new opportunities presented by AI large models [1] - The company is developing a full-stack computing infrastructure that includes self-developed chips, intelligent computing servers, data center switches, and large-scale clusters, as well as integrated intelligent computing machines [1] Software Solutions - The company is also focusing on software solutions such as resource management platforms, training and推 platforms, Nebula large models, and intelligent factories, aiming to create an open and inclusive intelligent computing foundation [1] - The goal is to provide end-to-end, full-stack, and all-scenario intelligent computing solutions to meet diverse AI application needs [1]

Core Viewpoint - ZTE Corporation is focusing on the forefront of AI technology innovation and application, planning to launch corresponding AI products and services based on user needs and its product strategy [1]. Group 1 - The company is actively engaging with investors regarding its AI initiatives [1]. - ZTE emphasizes the importance of aligning AI product development with user demands [1]. - The company aims to enhance its product strategy through the integration of AI technologies [1].

Core Viewpoint - ZTE Corporation emphasizes its commitment to independent innovation in core technologies such as chips, operating systems, and databases, showcasing its industry-leading capabilities in these areas [1] Group 1: Chip Technology - The company possesses industry-leading full-process design capabilities in chip technology [1] Group 2: Operating Systems - ZTE's industrial-grade operating system is recognized for its leading performance in real-time processing, reliability, and security [1] Group 3: Database Technology - The self-developed GoldenDB database supports an average daily financial transaction volume exceeding 10 trillion yuan and processes over 10 billion core transactions, catering to more than 900 million mobile users for billing [1] - Both the new Spindle server operating system and the GoldenDB distributed database have passed national security and reliability assessments [1]

（编辑 丛可心） 证券日报网讯 1月7日，中兴通讯在互动平台回答投资者提问时表示，公司已于2025年12月12日发布 《关于回购公司A股股份方案的公告暨回购报告书》，公司拟使用自有资金以集中竞价交易方式回购公 司A股股份，用于实施公司员工持股计划或者股权激励。本次回购资金总额为不低于人民币10亿元且不 超过人民币12亿元（均包含本数）。本次回购股份的实施期限自公司董事会审议通过本次回购方案之日 起12个月内。公司后续将根据市场情况在回购实施期限内实施回购计划，具体情况请以公司披露的公告 为准。 ...

证券日报网讯 1月7日，中兴通讯在互动平台回答投资者提问时表示，在算力领域，面向AI大模型带来 的新机遇，公司强化智算产品的研发及产业生态合作，通过自研芯片、智算服务器、数据中心交换机、 数据中心配套、超大规模集群、智算一体机等全栈算力基础设施，及资源管理平台、训推平台、星云大 模型、智能体工厂等软件方案，软硬件协同打造开放普惠智算基座，提供端到端、全栈全场景智算解决 方案，满足多样化AI场景需求。 （编辑 丛可心） ...

Core Viewpoint - ZTE Corporation emphasizes its commitment to research and development (R&D) resources and efficiency, focusing on core technology breakthroughs in connectivity (CT technology) and computing power (IT technology) [1] Group 1: R&D Focus - The company is concentrating its R&D efforts on core products such as 5G and future evolution, optical networks, computing power, and terminals [1] - ZTE is also focusing on the layout of valuable patents to continuously enhance its core competitiveness [1]