天气预报显示今天多云，晚些时候还会有小到中雪，这样的气象条件非常适合检验卫星信号，这让小团 队很兴奋。 0:00 天刚亮，聂帅和同事们就已经收拾好行囊，准备出发了。 来源：央视新闻客户端 "十五五"规划建议提出，前瞻布局第六代移动通信，核心是构建"空天地海一体化网络"。当前的一项重 要工作，就是推动天通卫星信号实现更好覆盖。春节前夕，总台记者跟随中国电信卫星工程师，前往西 藏阿里地区展开信号测试。 聂帅他们已经来阿里5天了，今天的测试任务，就是要在海拔超过4500米的深山峡谷里，检测卫星信号 到底还能不能有效覆盖。 他告诉记者，这次测试的天通卫星，可不简单，它不仅让我国在高轨卫星通信领域实现了突破，还是未 来构建空天地海一体化通信网络的核心主力。 总台央视记者 张丛婧：现在海拔超过了4500米，此时温度是-20℃。 等车开到测试的峡谷时，雪花已经变成了密集的雪粒，大家赶紧进行测试前的准备。 按照流程，找不到卫星信号，就要和北京监控中心取得联系，让北京调整信号强度，再进行检测。但是 眼下，峡谷里既没有卫星信号，也没有手机信号，雪还越下越大，聂帅权衡再三，决定还是先到有手机 信号的地方对接北京。 经过一个小时的艰 ...

张玉卓指出，过去一年，各中央企业党委（党组）坚决贯彻落实习近平总书记重要指示批示和党中央决 策部署，不断夯实党对中央企业全面领导的体制机制和制度基础，持续推动党的创新理论武装走深走 实，精心组织开展深入贯彻中央八项规定精神学习教育，扎实推进企业领导人员队伍建设，巩固拓展基 层党建实绩实效，纵深推进全面从严治党，各级党组织和广大党员、干部做到"两个维护"的政治自觉持 续提升，服务党和国家工作大局的意识和能力持续增强，服务经济社会高质量发展的整体效能持续强 化，服务保障和改善民生的责任担当持续彰显，为中央企业"十四五"圆满收官提供了坚强保证。 据国务院国资委网站消息，2月13日，国务院国资委党委召开2025年度中央企业党委（党组）书记党 建工作述职会议。国务院国资委党委书记、主任张玉卓主持会议并讲话，强调要全面贯彻党的二十大和 二十届历次全会精神，学深悟透习近平总书记关于党的建设的重要思想和关于党的自我革命的重要思 想，深入贯彻落实习近平总书记关于国资国企工作的重要论述，更加深刻领悟"两个确立"的决定性意 义，坚决做到"两个维护"，进一步压实中央企业党委（党组）管党治党政治责任，推动党的领导融入公 司治理各环节， ...

据国务院国资委网站消息， 2月 13日， 国务院国资委党委召开2025年度中央企业党委（党组）书记党建工作述职会议 。 国务院国资委党委书记、主 任张玉卓主持会议并讲话，强调要全面贯彻党的二十大和二十届历次全会精神，学深悟透习近平总书记关于党的建设的重要思想和关于党的自我革 命的重要思想，深入贯彻落实习近平总书记关于国资国企工作的重要论述，更加深刻领悟"两个确立"的决定性意义，坚决做到"两个维护"，进一步压 实中央企业党委（党组）管党治党政治责任，推动党的领导融入公司治理各环节，以高质量党建引领保障企业高质量发展。国务院国资委党委委员 出席会议。 中央组织部、中央党的建设工作领导小组秘书组有关部门负责同志参加会议。 会上， 中核集团、国家电投、中国电信、中国宝武、中粮集团、中国商飞、中国诚通、中国有色集团、矿冶集团、中国中铁等中央企业党委（党 组）书记就抓党建工作向国务院国资委党委述职， 汇报落实党委（党组）主体责任、履行第一责任人责任情况，深入查摆突出问题，明确改进思路 举措。张玉卓逐一点评，结合企业功能定位和发展实际提出工作要求，强调企业党委（党组）书记要切实做到对党负责，落实好管党治党第一责 任，抓好班 ...

本报记者 李乔宇 据工业和信息化部网站2月10日消息，工业和信息化部等五部门办公厅（秘书局、综合局、综合司）近日联合印发《关于 加强信息通信业能力建设 支撑低空基础设施发展的实施意见》（以下简称《意见》）。 在罗军看来，近期相关政策落地节奏显著加快，一系列政策持续完善低空经济发展的制度支撑体系。"相信后续还会有更 多配套政策接续出台，持续为低空经济的全面深入发展筑牢制度根基、铺平产业道路，2026年我国低空经济值得期待。" 此前，中国移动副总经理陈怀达在2025年世界互联网大会上表示，随着低空经济的蓬勃兴起，中国移动将信息服务的边界 从地面延伸至天空，构建起国际领先的"四驱两翼"低空智联能力体系，为低空经济发展提供广域可靠通信、智能精准导航、多 源融合感知、高效安全管控能力。 陈怀达表示："目前，四驱两翼低空能力已在全国160个城市广泛应用，航线覆盖长度超1000公里——低空救援为守护生命 争分夺秒，低空巡检为社会治理保驾护航，低空安防为家园安宁筑牢屏障。" 中国电信集团有限公司（以下简称"中国电信"）相关负责人告诉《证券日报》记者，中国电信以"通导监控算"关键技术攻 关为核心方向，持续筑牢低空网络底座优势， ...

Group 1 - The core viewpoint of the article emphasizes the acceleration of high-quality development in the digital economy and the promotion of the national digital economy innovation development pilot zone in Sichuan Province [3] - Sichuan Telecom has implemented the provincial government's strategic deployment to support the development of artificial intelligence and quantum technology industries by providing essential infrastructure [3][4] - The company launched the self-developed artificial intelligence platform, the Starry MaaS platform, which offers comprehensive services covering data, models, and applications [3] Group 2 - Sichuan Telecom has established a quantum metropolitan area network in Chengdu and Mianyang, successfully creating several demonstration projects, including the first international quantum 0TN dedicated line for major events and the first commercial quantum encryption line for finance [3] - The company has developed the first fully domestic "four-computing integration" super node in Western China, achieving deep integration of quantum computing with general computing, intelligent computing, and supercomputing [3] - The recent construction of the first distributed green computing cluster in a high-altitude area in Ganzi Prefecture demonstrates the effective utilization of local hydropower resources and natural geographical conditions, significantly reducing operational costs [5]

国务院国资委党委发布2025年度"央企楷模" 。 张玉卓强调，新时代是奋斗者的时代，也是在奋斗中成就伟业、成长成才的时代。各位"央企楷模"用火热的年华、蓬勃的风采，塑造了 国资央企人爱党报国、奋斗追梦的时代群像，激励着千万干部职工勇毅前行、锐意进取，希望大家珍惜荣誉、保持本色、继续努力、再 立新功。各中央企业党委（党组）要高度重视楷模、关心关爱楷模，广泛宣传楷模先进事迹，进一步激励国资央企广大党员干部从中汲 取干事创业、拼搏进取的不竭动力，更好服务党和国家工作大局，服务经济社会高质量发展，服务保障和改善民生。 国务院国资委有关厅局负责同志，有关中央企业党委（党组）负责同志和干部职工代表参加上述活动。 2月4日，国务院国资委党委发布2 0 25年度"央企楷模"。国务院国资委党委书记、主任张玉卓亲切会见"央企楷模"代表，并与大家座 谈。他强调，要全面贯彻党的二十届四中全会精神，学习贯彻习近平总书记对中央企业工作作出的重要指示精神，广泛宣传"央企楷 模"先进事迹，大力弘扬劳模精神、劳动精神、工匠精神，践行和弘扬国企先进精神，激励引导中央企业广大干部职工受到鼓舞、汲取 力量，汇聚推动中央企业高质量发展，为强国建设、民 ...

Group 1 - The Digital Economy ETF (工银561220) opened at 1.480 yuan, experiencing a decline of 0.47% [1] - Major holdings in the ETF include companies like SMIC, which fell by 1.48%, and Haiguang Information, which dropped by 1.00% [1] - The ETF's performance benchmark is the China Securities Index for State-Owned Enterprises in the Digital Economy, managed by ICBC Credit Suisse Asset Management [1] Group 2 - Since its inception on May 21, 2025, the ETF has achieved a return of 48.72%, with a monthly return of 0.79% [1]

Core Viewpoint - The State-owned Assets Supervision and Administration Commission (SASAC) announced the incentive income for executives of central enterprises for the 2022-2024 term, which consists of annual salary and term incentive income, with the latter being distributed every three years [1][3]. Group 1: Incentive Income Overview - A total of 87 central enterprises have disclosed their incentive income for the 2022-2024 term [3]. - Notable executives and their respective incentive incomes include: - Jie Houliang, Chairman of China National Petroleum Corporation, with an incentive income of 86.21 million RMB [3]. - Ma Yongsheng, Chairman of Sinopec, with an incentive income of 84.81 million RMB [5]. - Wang Dongjin, Chairman of CNOOC, with an incentive income of 86.06 million RMB [7]. - Zhang Wei, Chairman of State Grid Corporation, with an incentive income of 78.17 million RMB [10]. - Meng Zhenping, Chairman of China Southern Power Grid, with an incentive income of 83.54 million RMB [11]. Group 2: Additional Executive Incentive Incomes - Other notable executives include: - Wen Shugang, Chairman of China Huaneng Group, with an incentive income of 63.47 million RMB [12]. - Zou Lei, Chairman of China Datang Corporation, with an incentive income of 80.02 million RMB [14]. - Liu Mingsheng, Chairman of State Power Investment Corporation, with an incentive income of 26.02 million RMB [16]. - Wang Xiangming, Chairman of China Resources Group, with an incentive income of 82.44 million RMB [36]. - Miao Jianmin, Chairman of China Merchants Group, with an incentive income of 85.08 million RMB [34].

Group 1 - The core viewpoint of the articles emphasizes the increasing interest in high dividend yield stocks, particularly in the context of declining bond yields and the need for investors to seek higher returns in equity investments [1][2][3] - Long-term value in dividend investing is shifting from merely seeking high dividend rates to focusing on sustainable dividend capabilities, with a recommended expected return rate of over 3%-5% and a strong safety margin [1][2] - The performance of high dividend sectors has shown recovery, driven by strong demand for insurance funds and favorable pricing logic in cyclical high dividend sectors such as oil, steel, and coal [1][2] Group 2 - The market is experiencing challenges in restoring risk premiums, with significant volatility in cyclical products affecting market profitability, leading to a potential "small platform period" for investor risk appetite [2][3] - The insurance sector is seeing robust growth in new business, particularly in dividend insurance sales, which is increasing the allocation of investment funds towards long-duration assets [2][3] - The dividend strategy remains a key focus for equity investments, with pressures on cash investment returns expected to increase by 2026, reinforcing the importance of dividend strategies for companies [2][3] Group 3 - Looking ahead to 2026, dividend strategies are expected to continue serving as a stabilizing force in investment portfolios, with dividend assets showing lower valuation levels and volatility compared to other asset classes [3][9] - The Hong Kong Stock Connect Dividend ETF (520900) closely tracks the CSI National New Hong Kong Stock Connect Central Enterprise Dividend Index, which selects stable dividend-paying companies from the central state-owned enterprises [3][9] - The top five industries in the CSI National New Hong Kong Stock Connect Central Enterprise Dividend Index include oil and petrochemicals (28.63%), telecommunications (21.75%), coal (11.80%), transportation (10.47%), and public utilities (7.94%), indicating a strong value and defensive characteristic [4][10]

Core Insights - The report highlights the performance of various sectors in the A-share market, indicating a mixed trend with certain industries like electric grid and liquor leading the gains while others like precious metals and fertilizers lag behind [3][7][13] - The macroeconomic analysis suggests that while the GDP growth target for 2025 was achieved, structural issues such as weak demand persist, necessitating policy support to sustain growth momentum [10][11] - The telecommunications sector is experiencing significant changes due to tax adjustments, which may impact revenue and profit margins for major players like China Mobile, China Unicom, and China Telecom [3][6] Market Performance - The A-share market has shown volatility with the Shanghai Composite Index and Shenzhen Component Index experiencing declines of 2.48% and 2.69% respectively [1] - The telecommunications industry index outperformed the broader market, reflecting a 12.82% increase in December, driven by strong demand for communication equipment [27] - The new materials sector has also shown robust performance, with a 10.54% increase in January, significantly outperforming the broader indices [18] Industry Analysis - The report discusses the upcoming launch of DeepSeek's new AI model, DeepSeek V4, which is expected to surpass existing models in performance and could significantly impact the AI landscape [15][17] - The photovoltaic industry is highlighted for its strong growth, with over 300GW of new installations in 2025, despite facing challenges such as rising costs and regulatory changes [21][22] - The media sector is experiencing a surge in activity, particularly in gaming and film, with the upcoming Spring Festival expected to drive significant box office revenues [24][26] Economic Indicators - The report notes that China's GDP for 2025 reached 1401879 billion, marking a 5.0% increase from the previous year, with consumption playing a more significant role in growth [10] - The fixed asset investment showed a decline of 3.8%, indicating potential weaknesses in the investment landscape [10] - The telecommunications retail sector saw a year-on-year increase of 20.9% in 2025, reflecting strong consumer demand for communication devices [28] Investment Recommendations - Investors are advised to adopt a balanced strategy, focusing on sectors like AI and high-end manufacturing while also considering cyclical and resource sectors for potential opportunities [3][14] - The report suggests that the media sector, particularly gaming and film, presents high growth potential due to favorable policy environments and technological advancements in AI [26] - In the telecommunications sector, companies involved in optical fiber and AI mobile technologies are recommended for investment due to their growth prospects [31]