通信行业周报：上海市发布人工智能实施方案，欧盟启动卫星互联网计划

Investment Rating - The industry investment rating is "Maintain Accumulate" [8] Core Insights - The report highlights the potential benefits for the industry chain from Shanghai's implementation plan for artificial intelligence, aiming for a computational power scale of over 100 EFLOPS by the end of 2025 [2][14] - The European Union has launched a significant satellite internet initiative, investing over 100 billion euros to enhance satellite communication capabilities among member states, with a planned constellation of 290 satellites expected to provide services by 2030 [3][15] - The Ministry of Industry and Information Technology in China has issued a new plan for "5G + Industrial Internet," targeting the establishment of 10,000 5G factories and at least 20 pilot cities by 2027 [4][16] Market Review - During the week of December 30, 2024, to January 3, 2025, the A-share Shenwan Communication Index fell by 9.95%, underperforming the CSI 300 Index by 4.78 percentage points [5][18] - The two major sub-sectors within the Shenwan Communication Index, Communication Services and Communication Equipment, saw declines of 7.39% and 11.17%, respectively [20][22] Investment Recommendations - The report recommends focusing on the following sectors: - For computing optical modules: companies such as Zhongji Xuchuang, Tianfu Communication, and Xinyi Sheng [6][17] - For satellite internet: companies like Huace Navigation, Meiansen, and Zhenyou Technology [6][17] - For communication equipment: companies including ZTE Corporation and Unisplendour [6][17]