Investment Rating - The report maintains a "Buy" rating for China Unicom, expecting the stock price to outperform the industry index by more than 15% in the next six months [4][16]. Core Views - China Unicom has officially entered the satellite mobile communication sector, focusing on satellite and industry development, which is expected to enhance its service offerings in emergency communication, maritime communication, and remote area communication [1]. - The company is actively exploring the integration of satellite technology with vertical industries, such as vehicle networking and the Internet of Things (IoT), which will drive innovation and application in various sectors [2]. - The report forecasts revenue growth for China Unicom, projecting revenues of 418.4 billion yuan, 454.8 billion yuan, and 496.7 billion yuan for the years 2025, 2026, and 2027 respectively, alongside net profits of 9.9 billion yuan, 10.9 billion yuan, and 12.2 billion yuan for the same years [3]. Financial Summary - Revenue for 2023 is projected at 372.6 billion yuan, with a year-over-year growth rate of 5.0%. This is expected to increase to 496.7 billion yuan by 2027, with a growth rate of 9.2% [1][8]. - The net profit attributable to the parent company is expected to rise from 8.2 billion yuan in 2023 to 12.2 billion yuan in 2027, reflecting a compound annual growth rate of approximately 12.1% [1][8]. - The report indicates an improvement in key financial ratios, with the return on equity (ROE) expected to increase from 5.2% in 2023 to 6.3% in 2027 [1][8].

通信设备ETF（159583）跟踪中证通信设备主题指数 （931271），其成分中光模块龙头与算力硬件企 业占比极高，能精准映射光模块和算力产业的发展态势。没有场内账户的投资者可以通过联接基金（A 类021933； C 类021934）关注投资机遇。 （文章来源：每日经济新闻） 消息面，工业和信息化部日前向中国联通颁发卫星移动通信业务经营许可。中国联通可依法开展手机直 连卫星等业务，深化应急通信、海事通信、偏远地区通信等场景应用，丰富通信服务与产品供给。据 悉，中国移动也正积极向工信部申请卫星移动通信业务牌照。 今日三大指数翻红回暖，大科技方向活跃居前，其中通信、互联网服务、计算机设备、东数西算等板块 活跃居前，通信设备ETF（159583）盘中涨幅达5.63%，创业板人工智能 ETF 富国（159246）盘中涨幅 达5.43%。其中通信设备ETF成分股东方通信涨停。另外，通信设备ETF和创业板人工智能 ETF 富国共 有的成分股新易盛涨超8%，中际旭创涨幅超8%，天孚通信涨超5%。 ...