（原标题：中国联通黑龙江通信公司增资至51.97亿，增幅约999%） 企查查APP显示，近日，中国联通集团黑龙江省通信有限公司发生工商变更，注册资本由4.73亿元增至 51.97亿元，增幅约999%。企查查信息显示，该公司成立于1998年，法定代表人为王传宝，由中国联合 网络通信集团有限公司全资持股。 ...

小摩估计三大电讯商H股股息率维持于5%至6%的吸引水平，当中以中国移动(00941)最高，达到6%。小 摩又指，注意到三大电讯商的云收入同比增幅从2024年的17%至35%，显著放缓至今年上半年的5%至 10%，相信是由于互联网公司市场份额提升，以及国企数字化需求减慢所致。该行仍对中国移动、中国 电信(00728)及中国联通(00762)维持正面看法，全数给予"增持"评级，看好强劲股息回报率、盈利增长 及潜在云收入上行空间。小摩继续列中电信为首选股，因其云业务占比最高及传统移动与宽带服务最具 韧性。 智通财经APP获悉，摩根大通发布研报称，中国三大电讯商今年上半年整体纯利均录得约5%同比增 幅，主要受到成本优化(营运开支下降、资本开支及折旧减少等)支持，三大营运商均同比提高上半年派 息比率，显示出对提升股东回报的承诺。 ...

Core Viewpoint - Morgan Stanley's research report indicates that the overall net profit of China's three major telecom operators recorded an approximately 5% year-on-year increase in the first half of this year, primarily supported by cost optimization measures [1] Group 1: Financial Performance - The three major telecom operators' operating expenses, capital expenditures, and depreciation have decreased, contributing to the profit growth [1] - The estimated dividend yield for the H-shares of the three telecom operators remains attractive at 5% to 6%, with China Mobile having the highest yield at 6% [1] Group 2: Cloud Revenue Trends - The year-on-year growth of cloud revenue for the three telecom operators has significantly slowed from an estimated 17% to 35% in 2024 to 5% to 10% in the first half of this year [1] - This slowdown is attributed to the increasing market share of internet companies and a deceleration in the digitalization demands of state-owned enterprises [1] Group 3: Investment Outlook - Morgan Stanley maintains a positive outlook on China Mobile, China Telecom, and China Unicom, giving them an "overweight" rating due to strong dividend returns, profit growth, and potential upside in cloud revenue [1] - China Telecom is highlighted as the preferred stock due to its highest proportion of cloud business and the resilience of its traditional mobile and broadband services [1]

近日，四川省经济合作局、省发展改革委联合印发《2025年四川省稳外资行动实施方案》，从推动高水 平对外开放、提高外商投资促进水平、增强开放平台效能、加大外商投资服务保障力度4个方面提出19 条举措，全力以赴做好2025年稳外资工作。 今年以来，四川持续开展稳外资工作，通过登门拜访重点企业、建立重点外资项目清单、梳理意向外资 并购项目、专项跟进一批在谈外资项目等举措，有力促成近百家外资企业增资。此次出台的稳外资"19 条"，则进一步围绕外资领域关注的重点、热点、难点提出针对性和操作性更强的细化举措，以更大力 度稳外资。 此外，还将开展外籍高层次人才认定，实施境外高端紧缺人才激励，为外籍人才及家属提供出入境、停 居留便利；开展外国人来华工作许可全程网办、不见面审批；开辟绿色通道，为外资企业急需来华的外 籍高管、技术人员办理口岸签证和就近办理签证延期换发补发。(记者陈碧红) 增强开放平台效能方面，深化开发区管理制度改革，推动发展较好的国家级和省级开发区，整合区位相 邻、产业相近、发展较弱的开发区和具有开发区性质的园区，坚持以制造业和生产性服务业为主，加快 发展主导产业；实施自由贸易试验区提升战略，支持自由贸易试验区 ...

Core Viewpoint - China Unicom is leveraging its 5G-A network to support the first global humanoid robot sports event, showcasing the integration of technology and sports, and highlighting the large-scale application of artificial intelligence in the sports sector [2][3]. Group 1: Event Overview - The humanoid robot sports event, held in Beijing, features over 500 robots from nearly 280 teams competing in various categories, including sports, performance, industrial, and medical applications [2][3]. - The event is described as a combination of competition and carnival, providing a platform for intelligent machines to demonstrate their skills [2]. Group 2: 5G-A Network Capabilities - China Unicom's 5G-A network offers comprehensive coverage for the event, ensuring a latency of less than 20ms, which allows robots to respond instantly to commands [3][6]. - The network supports high upload capacity, enabling seamless streaming of 4K machine vision feeds without frame loss, and allows for real-time merging of 8K panoramic video [3][6]. Group 3: Industry Implications - The event serves as a demonstration of the potential for humanoid robots to transition from competitive environments to full commercialization, driven by advancements in AI and robotics [3][4]. - China Unicom aims to inject strong momentum into the robotics industry beyond the event, emphasizing the need for specialized networks to support high-demand AI applications [4][5].

Investment Rating - The investment rating for the company is "Buy" and is maintained [9]. Core Insights - In H1 2025, the company's operating performance steadily improved, with a notable recovery in service revenue growth in Q2. The company maintains its guidance for good growth in revenue, EBITDA, and net profit for the full year. The core business showed steady growth, while emerging businesses rapidly developed, fully upgrading the strategy from "cloud transformation" to "cloud transformation and intelligent benefits" [2][12]. - The company achieved operating revenue of 269.4 billion yuan in H1 2025, a year-on-year increase of 1.3%, and a net profit attributable to shareholders of 23 billion yuan, up 5.5% year-on-year [6][12]. Summary by Sections Operating Performance - In H1 2025, the company reported revenue of 269.4 billion yuan, a 1.3% increase year-on-year, with service revenue at 249.1 billion yuan, up 1.2%. In Q2 alone, revenue reached 134.9 billion yuan, growing 2.6% year-on-year, and net profit was 14.2 billion yuan, a 7.1% increase [12]. - The company maintains its guidance for good growth in revenue, EBITDA, and net profit for the full year [12]. Core Business and Emerging Strategies - The mobile communication service revenue reached 106.6 billion yuan in H1 2025, up 1.3%, while fixed-line and smart home service revenue was 64.1 billion yuan, a 0.2% increase. The mobile ARPU was 46.0 yuan, down 0.6%, and broadband ARPU was 48.3 yuan, unchanged [12]. - The company is actively promoting the upgrade of its enterprise strategy from "cloud transformation" to "cloud transformation and intelligent benefits," enhancing the integration of innovative-driven core and digital businesses [12]. Financial Management - The company reduced its full-year capital expenditure guidance to less than 83.6 billion yuan, with H1 capital expenditure at 34.2 billion yuan, down 27.5% year-on-year. The operating cash flow net amount was 47 billion yuan, a 19.4% decrease year-on-year, while free cash flow increased by 13.9% to 13.1 billion yuan [12]. - The interim dividend per share was 0.1812 yuan, an 8.4% increase, with a payout ratio of 72%. The company clarified that the full-year payout ratio for 2025 will be further increased compared to 2024 [12].

智通财经APP获悉，香港联交所最新资料显示，8月4日，China Mobile Limited增持香港宽频 (01310)2.13570097亿股，每股作价5.075港元，总金额约为10.84亿港元。增持后最新持股数目约为4.42 亿股，最新持股比例为29.9%。 ...

（记者 安子修）据人民网报道，立秋时节，"秋天第一杯奶茶"已成为颇具仪式感的消费符号，承载着人们对季节更替的情感寄托，也往往带动现制饮品 消费迎来阶段性高峰；此外，外卖平台的各类促销政策，既进一步放大了市场消费情绪，也对品牌供应链韧性提出了更高要求。 实际上，在经济日益发达的当下，运营商的数智能力也为多元化的消费生态提供着无形的支持。 （图片来源：摄图网） "科技+"带动消费体验新升级 如今，通过"线上线下联动、多场景融合"，各品牌的战略效力也被有效放大，让整个生态形成更良性的消费循环。而依托厂商打造的数字化黑科技，产品 体验也完成质变。 据新华网报道，知名饮品企业沪上阿姨宣布与蚂蚁集团子公司数字蚂力达成合作，率先应用"AI督导员"产品。据了解，该产品基于多模态大模型，可精准 识别工作人员、行为、物品与环境状态，识别准确率超90%，将支持沪上阿姨门店进行设备卫生、原料有效期、物料摆放、茶饮制作流程等规范化经营过 程的数字化升级并提供科学决策。 其实，人工智能应用在奶茶等饮品领域并非孤例。从奈雪、喜茶等品牌应用的自动奶茶机，到"雪王"家的人工智能公司，越来越多饮品企业正在竞逐"数 字奶茶"新蓝海。而在管理层面， ...

中期净利处于10亿元-20亿元区间的公司有25家。从净利同比增速来看，达仁堂净利同比增长193.08%居首，北新建材、神火股份、华 润三九、铜陵有色、龙佰集团、海油工程、盛屯矿业7家公司净利出现同比负增长。 新华财经注意到，从中期净利超过10亿元的48家公司来看，中期净利负增长的企业分布于建材、电力、中药、有色、化工和基建等行 业。 | 代码 | 名称 | 净利(万元) | 同比增长率(%) | | --- | --- | --- | --- | | 600941.SH | 中国移动 | 8,423,500.00 | 5.03 | | 600519.SH | 贵州茅台 | 4,540,296.23 | 8.89 | | 300750.SZ | 宇德时代 | 3,048,513.90 | 33.33 | | 601728.SH | 中国电信 | 2,301,704.42 | 5.53 | | 601138.SH | 工业富联 | 1,211,335.70 | 38.61 | | 600011.SH | 华能国际 | 926,188.50 | 24.26 | | 603259.SH | 药明康德 | 856,08 ...

从2019年5G建设元年至今，5G技术已发展升级到5G-A阶段。记者还了解到，借助暑假窗口期，济南分 公司针对高校部分超高话务区域，进行了2.6G二载波扩容、新增4.9G容量覆盖，同时引入3CC(三载波 聚合)等技术，打造了以2.6G频段广覆盖为基础、700M频段增强穿透、4.9G频段承载超大带宽的"多频 多级"立体网络结构。5G-A技术在校园的覆盖与应用，为学校教育教学模式的创新带来了新机遇，助力 学校在数字化转型浪潮中抢占先机。此外，该公司在长清大学城联合中兴通讯部署智算单板，为用户提 供内容保障与差异化网络体验，引入AI算法让网络更节能高效，着力建设绿色节能的智慧网络。 采访中，山东移动济南分公司相关人员表示，未来将持续推进高校5G网络深度覆盖建设，不断提升网 络服务质量，为驻济高校提供优质智能的5G网络。通过引入5G-A和AI智算等先进技术，助力高校信息 化建设，探索5G-A技术在学校教育领域的创新应用，为推动智慧校园建设和教育行业变革贡献更多力 量。 齐鲁晚报.齐鲁壹点记者张洁清 为让莘莘学子开学季享受到高品质5G网络，山东移动济南分公司紧抓暑期施工窗口，针对长清大学城 等全市高校场景掀起新一轮5G ...