通信行业周报：北斗规模应用国际峰会召开，60家运营商宣布5G-A商用

Investment Rating - The report maintains an "Accumulate" rating for the communication industry [2] Core Insights - The Beidou Navigation International Summit was held, indicating potential benefits for the Beidou industry chain as it enters a critical phase of marketization, industrialization, and internationalization [6][15] - Huawei announced that 60 operators have declared the commercial use of 5G-A, which is expected to benefit related sectors [7][15] - The development of 10G optical networks is nearing maturity, with significant deployment expected, benefiting relevant sectors [7][16] Summary by Sections 1. Core Insights and Investment Recommendations - The Beidou Navigation International Summit showcased new technologies and applications, marking 30 years since the Beidou system's establishment, with the last two satellites of the Beidou-3 system recently launched [6] - The report highlights the commercial launch of 5G-A by 60 operators, emphasizing its revolutionary capabilities and its role as a precursor to 6G [7] - The report suggests focusing on sectors such as Beidou Navigation, communication equipment, and optical communication networks, recommending specific companies for investment [8] 2. Market Review 2.1 Sector Performance - The A-share communication index fell by 3.28% from October 28 to November 1, underperforming the CSI 300 index by 1.6 percentage points [9] - Within the communication sector, communication services declined by 1.62%, while communication equipment dropped by 4% [9][10] 2.2 Individual Stock Performance - The top-performing stocks included Huichang Communication (+39.14%) and Hainengda (+31.78%), while the worst performers included Guangku Technology (-15.03%) and Yitong Century (-14.38%) [14] 3. Industry News - The Beidou Navigation International Summit highlighted the marketization and industrialization of the Beidou system [15] - Huawei's announcement regarding 5G-A commercial use marks a significant milestone in the mobile industry [15] - The development of 10G optical networks is progressing, with a high percentage of cities achieving gigabit status [16] 4. Company Dynamics - Unisplendour has begun small-scale shipments of its 800G switch products, indicating growth potential in the data center market [17] - ZTE Communications received recognition at the 2024 Golden Award for its 5G vehicle communication module [17] 5. Company Announcements - Several companies reported significant revenue growth, with Unitech reporting a net profit increase of 190.81% year-on-year [18]