
Group 1 - The core point of the news is the significant growth in the telecom sector driven by the surging demand for AI computing power, leading to high performance in related listed companies in the first half of 2025 [1] - The China Telecom Theme Index (931235) rose by 2.74%, with key stocks such as Ruijie Networks (301165) increasing by 10.30% and ZTE Corporation (000063) by 7.61% [1] - The telecom ETF fund (560690) also saw an increase of 2.71%, closing at 1.67 yuan [1] Group 2 - The China Telecom Theme Index tracks 50 companies involved in telecom services, value-added services, communication equipment, technology services, and data centers, reflecting the overall performance of telecom-related stocks [2] - As of July 31, 2025, the top ten weighted stocks in the index accounted for 78.18% of the total, including major players like China Unicom (600050) and China Mobile (600941) [2] - The increasing requirements for server performance, security, and reliability from telecom operators are leading to a higher market share for domestic chip servers, indicating a rapid growth period for the domestic server market in the next three years [1]