Core Viewpoint - China Tower Corporation reported stable revenue growth and improved profitability for the first half of 2025, with a focus on optimizing resource allocation and enhancing core competitiveness [1][2] Group 1: Financial Performance - The company achieved operating revenue of RMB 49.601 billion, a year-on-year increase of 2.8% [1] - EBITDA reached RMB 34.227 billion, reflecting a 3.6% year-on-year growth [1] - Profit attributable to shareholders was RMB 5.757 billion, up 8.0% compared to the previous year [1] - Net cash flow from operating activities was RMB 28.679 billion, with free cash flow amounting to RMB 16.287 billion [1] - The board decided to distribute an interim dividend of RMB 0.13250 per share (pre-tax) for 2025 [1] Group 2: Business Development - The company’s operator business generated revenue of RMB 42.461 billion, a 0.8% increase year-on-year [1] - The two wings business achieved revenue of RMB 6.935 billion, accounting for 14.0% of total revenue, an increase of 1.6 percentage points from the previous year [2] Group 3: Innovation and Technology - The company emphasized technological innovation, focusing on key technologies such as next-generation mobile communication, artificial intelligence, edge computing, and IoT [2] - The number of R&D personnel increased by 29% compared to the same period last year, and the number of authorized invention patents rose by 16% since the end of 2024 [2] - The company is actively promoting the transformation of technological achievements into productive forces through various initiatives [2]

Group 1 - The State-owned Assets Supervision and Administration Commission (SASAC) is focusing on training talent in key strategic emerging industries, including industrial mother machines, new generation mobile communications, artificial intelligence, and new energy vehicles, to support high-quality industrial development [1][2] - SASAC aims to enhance the capabilities of leading technology talents in areas such as industry leadership, technical insight, and collaborative innovation, while also improving the skills of young talents in strategic thinking and application [1] - Recent training programs have been launched, including a special training class for the new energy vehicle industry, emphasizing the need for technological innovation and digital marketing skills among participants [1][2] Group 2 - The new generation mobile communication talent training class focuses on cultivating talents with strong technical innovation capabilities and the ability to drive key technology breakthroughs [2] - The artificial intelligence chief architect training class aims to develop professionals who can integrate AI technology innovation with industrial applications [2] - The new energy sector training class emphasizes enhancing decision-making and strategic execution capabilities among industry leaders to support the green transformation of enterprises [2]

Exhibition Overview - The 2025 Korea International Steel, Pipe, and Nonferrous Metals Exhibition will be held from November 19 to 21, 2025, at the Daegu Exhibition Center in South Korea [1] - Organized by The Fairs, this biennial event is recognized as the most authoritative exhibition in the steel, pipe, and nonferrous metals industry in Korea [1][2] - Beijing Lianhua Shanhui International Exhibition Service Co., Ltd. is designated as the official agent for the exhibition in China, responsible for promotion and sales [2] Market Overview - South Korea is the fourth largest economy in Asia and the thirteenth largest in the world, with a GDP of approximately $1.87 trillion in 2023, where the industrial sector accounts for 28.1% [3] - The country ranks as the fourth largest mold producer, fifth in automation products, and seventh in machine tools, holding a significant position in metal and steel production [3] - South Korea's manufacturing and service sectors are well-developed, with shipbuilding, automotive, electronics, steel, and textiles among the top ten globally [3] Industry Development - Over the past decade, the machinery industry has been a key driver of South Korea's rapid economic growth, with major companies like POSCO and Hyundai Steel leading the steel sector [4] - South Korea is emerging as a core country for future industries such as mobile communication, batteries, and hydrogen, supported by government initiatives aimed at achieving carbon neutrality by 2050 [4] - The government plans to invest 1 trillion KRW by 2030 to enhance R&D, further solidifying the core position of the steel and nonferrous metals industries [4] Trade Relations - Since the establishment of diplomatic relations between China and South Korea in 1992, trade has significantly increased from $5.028 billion to $362.351 billion in 2021, a 72-fold growth [5] - China is currently South Korea's largest trading partner, while South Korea ranks as China's third-largest trading partner [5] - In the first nine months of 2024, trade between China and South Korea reached $240.04 billion, a year-on-year increase of 4.5% [5] Exhibition Scope - The exhibition will feature a wide range of products including various steel products, production technologies and equipment, raw materials, metal processing technologies, environmental technologies, refractory materials, and metal materials [6] - Specific categories include steel pipes, plates, wires, special steels, and advanced materials such as high-strength aluminum and lithium [6]