Xin Lang Ke Ji·2025-03-25 10:59Core Insights - China Telecom's revenue for 2024 reached 529.417 billion yuan, reflecting a year-on-year growth of 3.1% [1] - The net profit for the same period was 33.01 billion yuan, showing an increase of 8.4% year-on-year [1] - The company plans to increase its R&D expenditure by 11.3% year-on-year, emphasizing the importance of technological innovation as a core strategy for high-quality development [1] R&D and Technological Innovation - China Telecom is focusing on strengthening its core technology capabilities, with significant breakthroughs in cloud computing foundational software such as cloud server operating systems and databases [1] - The company has established a talent pool that includes five leading figures and around a thousand senior experts, forming a "wild goose formation" for technological talent [1] - China Telecom is involved in multiple national-level innovation platforms in fields like cloud computing, quantum technology, optical networks, and security, enhancing its technological influence [1] Intelligent Computing Services - The company is developing a comprehensive intelligent computing service system called "Xiangrang," which integrates computing power, platforms, data, models, and applications [2] - The scale of self-owned and accessed intelligent computing has reached 62 EFLOPS [2] - Tianyi Cloud, centered around "Xiangrang," achieved an annual revenue of 113.9 billion yuan, marking a year-on-year growth of 17.1% [2] - "Xiangrang" has made significant advancements in core technologies, including the development of the first fully domesticated training solution in the country, supporting high-quality models and datasets [2]