智通财经网·2025-10-28 06:35Core Viewpoint - ZTE Corporation (00763) experienced a decline of over 5% in intraday trading, currently down 4.71% at HKD 39.62, with a trading volume of HKD 1.701 billion [1] Group 1: Company Performance - ZTE Corporation is set to hold a board meeting to approve its third-quarter results for the nine months ending September 30, 2025 [1] - Despite a downturn in traditional network capital expenditure from domestic operators, ZTE maintains a high market share in collective procurement and strong profitability [1] Group 2: Strategic Transition - The company is transitioning from a focus on "connectivity" to "connectivity + computing power" [1] - ZTE has made significant advancements in the AI computing power sector, with a comprehensive layout in computing, storage, and networking products [1] Group 3: Future Outlook - The company possesses full-stack self-research capabilities from chips to complete machines, highlighting its uniqueness in the domestic computing power chain [1] - With the mass introduction of self-developed chips into ICT equipment, ZTE's profitability in government and enterprise business is expected to improve significantly [1]