证券日报网讯 12月16日，国网信通（600131）在互动平台回答投资者提问时表示，公司并不涉及商业 航天或太空算力等相关产业。公司子公司中电飞华基于光纤通信、无线通信、卫星通信等基础资源，构 建形成覆盖全国的"空天地一体化通信网络"，包括地基网络、空基网络和天基网络，持续提升算网一体 融合的多元化通信和算力服务能力。 ...

Core Viewpoint - The 2025 World Internet Conference "Internet Light" Expo, held from November 6 to 9 in Wuzhen, Zhejiang, showcases China Telecom's innovations in cloud computing, AI, and other strategic emerging industries under the theme "Starry Intelligence for Co-Governance and Sharing" [1] Group 1: Digital Infrastructure - China Telecom emphasizes the "Integrated Computing and Network" service, showcasing the Tianyi Cloud as a national cloud service that connects heterogeneous computing power effectively [2] - The public computing service platform operates with a total computing power of 77 EFLOPS, serving 18 cities and various industry users [2] - The fully domestic computing power system is built on the Zijin computing architecture and integrates various systems to create a comprehensive domestic capability framework [3] Group 2: Innovation and Security - The "New Quality Leadership" section highlights the Starry MaaS platform, which covers over 50 application scenarios in education and government, achieving breakthroughs in AI technologies [4] - China Telecom presents a comprehensive security protection system covering "cloud, network, edge, terminal, data, and space," ensuring the security of critical national infrastructure [4] - The company is actively exploring quantum computing and communication, offering various quantum products that enhance security across multiple scenarios [4] Group 3: Empowering Industries and Society - The "Smart Benefit Industries" and "Smart Connect Families" sections demonstrate AI applications in governance, urban safety, and industrial efficiency, with AI improving textile production efficiency by over 25% [6][7] - AI technologies are reshaping personal experiences, with the introduction of an AI home computing host that integrates various smart home services [7] - Interactive exhibits and experiences at the expo engage audiences, showcasing the potential of AI technology to enhance everyday life and industry challenges [8]

Group 1 - The threshold for entering the "2025 China Top 500 Private Enterprises" list has increased from 26.3 billion to 27.023 billion yuan, indicating the strengthening of high-quality enterprises in the private sector [1][2] - A total of 6,379 companies applied for the list this year, with the revenue threshold raised from 500 million to 1 billion yuan, reflecting the growth and vitality of the private economy [2] - The total revenue of the top 500 private enterprises exceeded 4.305 trillion yuan, with an average revenue of 861.02 million yuan, showing a year-on-year growth of 2.72% [3] Group 2 - There is a notable increase in the number of companies in emerging industries such as new-generation information technology and high-end equipment manufacturing, while traditional manufacturing and commerce have decreased in proportion [4] - 309 companies reported a total of 627 new projects in emerging industries, focusing on AI technology, energy storage, and advanced materials [4] - The average R&D expenditure intensity of the top 500 private enterprises reached 2.77%, with 103 companies exceeding 3% and 14 companies exceeding 10% [6] Group 3 - Total R&D investment surpassed 1.13 trillion yuan, with over 1.1517 million R&D personnel and 721,600 effective patents, indicating a strong focus on innovation [6] - 64.2% of companies have developed digital transformation strategies, while 83% are actively promoting green and low-carbon development [7] - The number of effective patents increased by 8.23% year-on-year, with a significant rise in participation in standard-setting activities [6]

Core Viewpoint - China Telecom is fully embracing artificial intelligence (AI) and upgrading its corporate strategy from "cloud transformation" to "intelligent cloud transformation" to enhance digital transformation across various industries [3][4]. Group 1: AI Integration and Services - China Telecom aims to create an integrated intelligent cloud service system combining computing power, platforms, data, models, and applications to empower digital transformation in various sectors [3]. - The company is enhancing its AI safety governance capabilities by developing a comprehensive AI dynamic protection system [3]. - The "Xingchen Textile Intelligent Body" showcased at WAIC 2025 can intelligently adjust process parameters and inspect fabric quality during production, achieving a 99% on-time delivery rate [4][6]. Group 2: Performance Improvements - China Telecom has improved the efficiency of its reasoning engine and matched computing power with minimal latency through integrated computing and networking services, resulting in over a 40% increase in computing resource utilization and a 30% reduction in average reasoning latency [4]. - The company plans to launch terminal-as-a-service and intelligent agent-as-a-service systems to further promote AI application and empower industrial intelligent transformation [4]. Group 3: Industry Applications and Models - China Telecom has developed over 80 industry-specific large models and more than 20 intelligent agent applications targeting sectors such as industry, emergency response, and education [5]. - The company emphasizes the need for an end-to-end security assurance system that encompasses infrastructure, data, models, and applications to address the diverse safety risks associated with AI [5]. Group 4: Security Measures - To tackle security challenges in the AI era, China Telecom proposes a four-in-one security model comprising early warning, assessment, protection, and operation [5]. - The "Jianwei" security model has achieved a 98% accuracy rate in fault alert identification, and the foundational security measures for large models will be open-sourced domestically to enhance resistance against AI attacks [5].

Core Viewpoint - Shanghai Telecom is leveraging Huawei's AI WAN solution to create a new service model for computing power rental, addressing the needs of various industries while ensuring data security and efficient resource allocation [1][2]. Group 1: Infrastructure Development - Shanghai Telecom is developing a 400GE IP metropolitan intelligent computing POD to connect enterprise parks with operator computing centers, providing integrated computing network services [2]. - The new infrastructure aims to facilitate the efficient flow of computing resources between operators and enterprises, promoting the widespread adoption of AI technology [1]. Group 2: Business Model and Demand - Enterprises, particularly state-owned and government sectors, are increasingly opting to rent computing resources from operators to meet their training and inference needs while keeping sensitive data within their premises [1]. - A growing trend among enterprises is to adopt a light-asset operation model, combining self-built computing servers with rented resources from operator intelligent computing centers to reduce procurement and operational costs [1]. Group 3: Data Security and Flexibility - The distributed training and inference model allows enterprises to deploy sensitive data models locally while utilizing operator resources for other parts, ensuring data security during transmission [2]. - The use of RDMA lossless transmission technology enables efficient inference over distances of up to 240 kilometers without performance degradation [2]. Group 4: Collaboration and Future Goals - Shanghai Telecom is collaborating with Huawei and various enterprises to tackle key technological challenges in intelligent computing networks and validate solutions in vertical industry scenarios [2]. - The ultimate goal is to achieve commercial implementation of integrated computing network services, contributing to the high-quality development of computing infrastructure in China [2].