Group 1 - The Chinese government expresses strong opposition to Israel's military actions against Iran, emphasizing the need for dialogue and political solutions to international disputes [2][3] - The World Trade Organization meeting highlights China's criticism of the U.S. for its misleading narratives regarding service trade and calls for adherence to multilateral rules [3] - Boeing resumes aircraft deliveries to Chinese airlines, marking a significant step in U.S.-China trade relations after previous disruptions due to tariffs [4] Group 2 - New regulations for individual business registration in China will take effect on July 15, allowing for multiple operating locations and online business registrations [5] - The Ministry of Industry and Information Technology introduces management measures for technology incubators, aiming to enhance support for emerging industries [5] - The China Securities Regulatory Commission imposes penalties on stock market manipulation, highlighting ongoing efforts to maintain market integrity [6] Group 3 - China successfully launches the "Zhangheng-1" satellite, enhancing its capabilities in monitoring natural disasters [8] - The AG600 amphibious aircraft enters mass production, marking a milestone in China's emergency rescue equipment development [8] - Hunan Province outlines plans for developing smart factories, aiming to establish over 100 basic-level smart factories by 2027 [9] Group 4 - Trump Media and Technology Group announces the SEC's approval of its Bitcoin treasury deal registration, although no immediate financing plans are in place [10] - GAC Group commits to ensuring dealer rebates are fulfilled within two months, supporting the healthy development of the automotive industry [11] - Trump's financial disclosure report reveals significant income from real estate and a cryptocurrency platform, indicating ongoing financial interests [12]

此外，涵盖数据中心建设、数据服务与应用、大数据制造业在内的32个项目在大会现场集中签约，标志 着韶关构建"基建——应用——制造"闭环生态，为算力产业注入更强劲的实体支撑。 据了解，首批签约聚焦数据中心项目，三大电信运营商及10家企业率先落子。其中，电信数据中心二期 项目拟建设3.85万标准机架，计划总投资超24亿元。中国移动通信集团广东有限公司、中国联合网络通 信有限公司广东省分公司等将在算力基础设施、网络建设、产业数字化转型等方面与韶关加强合作。 (完) 场。韶关市政府 供图 据介绍，韶关数投公司联合华为，携手中国汽研、上海鸿翼、景联文科技、飞图影像、广州视能互联等 产业合作伙伴，共同推动创新实验室正式落地韶关。 创新实验室聚焦数据要素、人才培养、适配中心三大核心方向，融合技术与资源，服务国家战略，助力 韶关打造数字产业新高地。其中，在数据要素方面，创新实验室将构建产学研、政企协同机制，联合高 校共建研发中心，推动数据治理与隐私计算应用；搭建数据流通平台，提升数据价值释放；参与制定数 据开放与治理标准，支撑数字经济发展。在人才培养方面，创新实验室推进产教融合，联合高校开 展"订单式"培养，建设实训基地，推动 ...

Group 1 - The core viewpoint of the articles indicates that the telecommunications sector is experiencing a recovery in business revenue, driven by increasing mobile internet access and supportive government policies [3][4][5] - The DOU (average mobile internet access traffic per user) has shown significant growth, with a year-on-year increase of 14.6% in April 2025, marking the highest monthly growth rate in 2024 [3] - The overall telecommunications industry revenue for January to April 2025 reached 598.5 billion yuan, reflecting a year-on-year growth of 1.0% [3] Group 2 - The telecommunications operators are entering a golden period of value activation, with a projected upward cycle from 2019 to 2028, influenced by policy changes, competitive landscape, capital investment, and corporate governance [4] - The capital expenditure of the three major telecommunications operators has decreased by 10% year-on-year in 2024, with further planned reductions of 9% in 2025, which is expected to improve cash flow and reduce depreciation pressure [5][6] - The dividend yield for the three major operators remains high, ranging from 5% to 6% for H-shares and 3% to 5% for A-shares, indicating strong dividend-paying capacity [6] Group 3 - The telecommunications sector is currently undervalued historically, presenting investment opportunities in high-quality dividend assets and sectors with strong growth potential, such as AI and cloud computing [5][7] - The Telecom 50 ETF (560300) tracks the China Telecom Index, which includes major telecom operators and has shown a significant increase of over 40% in 2024, compared to a 15% increase in the CSI 300 index [1][8] - The top ten weighted stocks in the Telecom 50 ETF account for 77.54% of the index, indicating a concentrated investment in leading telecom companies [9]

上海复旦复华科技股份有限公司 2024 年年度股东大会会议资料 证券代码：600624 证券简称：复旦复华 上海复旦复华科技股份有限公司 二〇二五年六月 上海复旦复华科技股份有限公司 2024 年年度股东大会会议资料 上海复旦复华科技股份有限公司 2024 年年度股东大会会议资料 现场会议召开时间：2025 年 6 月 27 日下午 2 点整 现场会议地点：上海市奉贤区茂园路 50 号 37 号楼 16 楼第一会议室 出席人员：1、2025 年 6 月 20 日下午交易结束后登记在册的本公司股东及其授 权委托人； 会议议程： 九、与会董事、董事会秘书等相关人员签署大会决议。 十、宣读本次股东大会法律意见书。 一、介绍出席会议的股东人数及其代表的股份总数。 二、审议本次股东大会议案表决办法。 三、逐项审议下列议案： 序号 议案名称 四、董事会审计委员会作 2024 年度履职报告。 五、股东发言及股东提问。 六、与会股东和股东代表对各项提案进行投票表决。 七、计票人统计表决情况。 八、宣读表决结果。 十一、主持人宣布大会结束。 上海复旦复华科技股份有限公司 2024 年年度股东大会会议资料 为了维护投资者的合法权 ...

Group 1 - The core viewpoint emphasizes the transformation of data assets and the need for effective governance and value conversion in various industries [1][2][3] - The "Data Element × Three-Year Action Plan (2024-2026)" aims to optimize resource allocation and empower the real economy through data utilization, highlighting its significance for high-quality development [1][3] - The increasing importance of data as a core production factor necessitates a focus on governance and value conversion, with data governance being a key link for realizing data value enhancement [1][2] Group 2 - The marketization of data elements is advancing, with nearly 500 central enterprises establishing digital technology companies and about 66% of industry leaders purchasing data, indicating a growing enthusiasm for data utilization [3][4] - The "2025 Digital Economy Work Points" emphasizes accelerating the release of data element value and promoting the integration and sharing of data resources [3] - The ultimate goal of data element marketization is to achieve value through innovative applications by enterprises, which is crucial for unlocking the potential of data elements [3][5] Group 3 - Technology companies are innovating solutions and platforms to enhance the integration of data elements with business scenarios, as seen with Shenzhou Information's "Smart Brain" solution and Tencent Cloud's intelligent agent development platform [4][5] - The financial industry is embracing a collaborative model of software development involving both human modelers and AI programmers, aiming to break traditional departmental silos and enhance efficiency [5] - The shift from a product-oriented mindset to a service ecosystem in the financial sector is essential for improving funding circulation and fostering collaboration within the industry [5]

在技术迭代与市场变革的夹缝中，探索新的生存法则，重新定义企业的使命。 "一方面是数据业务，一方面是人工智能，应该向着哪个方向去发力？这是我们这两年努力探索的问题。"沈益民告诉36氪四川，"站在这样一个时间节点 上，我们开展的工作也恰好分成了两大类型，一类是围绕数据标识的基础通用部分，一类是以传统数据分析结合人工智能大模型的专用部分。" 成都边界元科技有限公司 成都边界元科技有限公司（以下简称"边界元"）成立于2012年，是一家产学研结合紧密的高校教师创业企业，创始人、董事长沈益民是成都工业学院教授、 电子科技大学校外研究生导师，同时担任四川省产业大数据应用研究院执行院长。据了解，「边界元」在"数据要素"方面已经建立了相对稳固的行业地位， 正积极拓展人工智能领域业务。 近年来，人工智能技术浪潮席卷全球，各行各业争相乘上"AI+"的东风。互联网"巨头"们调整战略方向，拆解既有业务架构，将资源向AI领域倾斜；已有明 确业务范畴的信息技术企业更是被迫直面业务转型与自我重塑的课题。 建立平台，让数据要素标识更好用 数据要素标识是每个数据资源的统一、唯一、不变的编码（ID），用于在数据登记确权、流通交易、授权运营、增值利 ...

湖北省属国企再添一员。近日，湖北大数据集团在武汉正式揭牌成立，并完成注册启动运营。作为湖北 省属一级国有企业，该集团由湖北省政府国资委联合湖北联投集团、长江产业集团、湖北交投集团、湖 北文旅集团、湖北宏泰集团、湖北港口集团等6家省属企业共同出资组建，注册资本50亿元。 数据要素是培育新质生产力和实现高质量发展的关键引擎。 据了解，此次新组建的湖北大数据集团聚焦"数字公共基础设施投资建设主体、数据要素汇集流通开发 利用主体、可信数据空间建设主体"三大主体建设，积极构建"数字产业化服务平台、产业数字化支撑平 台、数字技术创新研发赋能平台"三大平台，致力于打造成为全国一流、中部领先的省级大数据集团。 目前，在数字基础设施建设领域，该集团已先后搭建了"中部数据流通综合服务平台""湖北省公共数据 授权运营平台""楚天数链"等省级数字公共基础设施，完成湖北"首笔"电力+金融场内数据交易，助力湖 北港口集团完成全省"首例"国企数据资产入表并颁发"首张"数据产权和资产登记证书，携手十堰市茅箭 区数据局完成首个行政事业单位数据资产进账入卡案例。旗下中部数据流通服务中心已累计入驻数商逾 1000个、上架数据交易标的数量624个、 ...

丨证券研究报告丨 行业研究丨行业周报丨软件与服务 [Table_Title] 关注高景气能源 IT 赛道投资机遇 2025 年第 23 周计算机行业周报 报告要点 [Table_Summary] 上周计算机板块整体持续反弹，大幅上涨 3.18%。在长江一级行业中排名第 4 位，两市成交额 占比为 10.00%，稳定币及并购重组概念表现活跃。上周数字货币巨头 Circle 在美国纽约证券 交易所（NYSE）上市；我国将在北京、浙江、安徽等地部署建设 10 个国家数据要素综合试验 区。本周推荐关注能源 IT 领域具备先发优势的厂商。 分析师及联系人 [Table_Author] 宗建树 SAC：S0490520030004 SFC：BUX668 请阅读最后评级说明和重要声明 %% %% %% %% research.95579.com 软件与服务 cjzqdt11111 [关注高景气能源 Table_Title2] IT 赛道投资机遇 2025 年第 23 周计算机行业周报 [Table_Summary2] 上周复盘：计算机板块持续反弹 上周受端午假期影响，仅有四个交易日，上证综指持续上涨，周五报收 3385.3 ...

Group 1 - The core viewpoint highlights the recent rebound in technology sectors, particularly in military, pharmaceutical, and TMT industries, with the Sci-Tech Innovation Board ETF (589630) rising nearly 1.5% [1] - The A-share merger and acquisition market has been active this year, with significant participation from Sci-Tech Innovation Board companies, especially in sectors like biomedicine, semiconductors, and new-generation information technology [1] - Data indicates that out of 86 major restructuring events in 2025, 18 involved Sci-Tech Innovation Board companies, showing a significant increase compared to the same period last year [1] Group 2 - Dongwu Securities emphasizes the importance of self-reliance in technology, focusing on sectors such as artificial intelligence, autonomous control, new energy technology, aerospace information technology, and data elements [1] - In aerospace information technology, areas like low-altitude economy, satellites, and commercial space are highlighted as key focus points [1] - The report suggests that the AI sector should concentrate on AI agents, AI applications (like standalone software and smart terminals), humanoid robots, and autonomous driving [1] Group 3 - Western Securities notes that the level of merger and acquisition activity reflects the direction of the industrial cycle, with the highest number of mergers occurring in the automotive, electronics, and machinery sectors in 2024 [2] - The report indicates that the trends in automotive intelligence, semiconductor self-control, and high-end manufacturing are accelerating technological upgrades and industry evolution [2] - It is suggested that if AI commercialization leads to performance improvements through mergers and acquisitions, it could create a mainline market trend; otherwise, it may only represent a short-term thematic opportunity [2] Group 4 - The Sci-Tech Innovation Index ETF from Guotai (code: 589630) tracks the Sci-Tech Innovation Index (code: 000680), which includes representative stocks from the Sci-Tech Innovation Board, with an average market capitalization of approximately 11 billion [2] - The index focuses on technology innovation companies, covering more early-stage innovative firms and emphasizing hard technology sectors [2] - Investors without stock accounts can consider Guotai's linked ETFs for the Sci-Tech Innovation Board Comprehensive ETF [2]

Core Viewpoint - The value of data as a resource is gradually being released, with various industries moving towards incorporating data resources into their financial statements since the implementation of the interim regulations by the Ministry of Finance in 2024 [1] Group 1: Data Resource Incorporation - Various banks are beginning to recognize data resources as intangible assets, with institutions like Hengfeng Bank being the first to do so in August 2023 [2] - As of 2024, banks such as Citic Bank, Everbright Bank, and Ningbo Bank have also started to incorporate some data resources into their financial statements, although the overall number remains limited [2] - The value of data resources recognized by banks is relatively small, with Citic Bank reporting a net value of RMB 494,000 for its data resources as of the end of 2024 [2] Group 2: Potential and Challenges - Large and medium-sized banks possess rich data resources and have a solid foundation for data governance, indicating significant potential for data resource extraction [3] - Some banks are actively working on data asset inventory, rights confirmation, and valuation, with Qilu Bank elevating data governance to a strategic level [3] - However, many smaller banks are still in the data governance phase, with data quality needing improvement before they can effectively create value from data assets [3] Group 3: Ownership and Valuation Issues - The definition and ownership of data assets in banks remain ambiguous, with no standardized definition available for the industry to follow [4] - The challenges of defining data assets stem from the need to clarify data ownership and establish pricing based on that ownership [5] - Questions arise regarding the ownership of customer data collected during business transactions, particularly concerning the bank's rights to classify such data as assets without customer authorization [6]