Core Points - The company, Aishide's wholly-owned subsidiary, Tibet Cool Love Communication Co., Ltd., has conducted a self-examination of tax-related matters, revealing a need to pay back taxes amounting to 45.1254 million yuan, with late fees totaling 19.2460 million yuan, resulting in a total of 64.3713 million yuan [1] Tax Payment Situation - As of the announcement date, the company has already paid 45.1254 million yuan in taxes, while the late fee of 19.2460 million yuan will be paid subsequently. This tax payment does not involve any administrative penalties [2] Impact on the Company - According to the relevant provisions of the "Accounting Standards for Enterprises No. 28 - Changes in Accounting Policies, Accounting Estimates, and Correction of Errors," the tax payment and late fee do not constitute prior accounting errors and will not require retrospective adjustments to previous financial data. The tax and late fee will be included in the company's profit and loss for the year 2025, with the final impact on the net profit attributable to shareholders of the listed company to be determined based on the audited financial statements for 2025. Additionally, this tax payment will not affect the company's normal operations [3]

Core Viewpoint - Huayuan Securities has initiated coverage on ZTE Corporation (00763), recognizing it as the fourth largest telecommunications equipment supplier globally, with a stable operator network business and a promising second growth curve from computing and terminal businesses, assigning a "Buy" rating [1] Business Segments - **Connection Business**: The operator network business remains stable, achieving a gross margin of 52.94% in H1 2025, serving as a significant cash flow source. The company is proactively advancing 5G-A technology and promoting the deployment of 400G optical networks [2] - **Computing Business**: The emergence of AI large models has generated substantial demand for computing power. The company is seizing this opportunity by expanding its computing infrastructure-related business, which includes servers, storage, switches, and data center products. In H1 2025, revenue from the government and enterprise sector doubled, making it a core growth driver for the company [2] - **Terminal Business**: The company adheres to the "AI for All" philosophy, continuously expanding the application of AI technology in terminal devices, particularly in the smartphone sector. In H1 2025, the company launched the world's first full-size AI smartphone, Nubia Z70 Ultra, which is expected to enhance user experience and increase the shipment volume of AI terminal products [2]

Core Viewpoint - Huayuan Securities has initiated coverage on ZTE Corporation (00763), recognizing it as the fourth largest telecommunications equipment supplier globally, with a stable operator network business and a promising second growth curve from computing and terminal businesses, assigning a "Buy" rating [1] Business Segments - **Connection Business**: The operator network business remains solid, achieving a gross margin of 52.94% in H1 2025, serving as a significant cash flow source. The company is also advancing in 5G-A technology and promoting the deployment of 400G optical networks [2] - **Computing Business**: The emergence of AI large models has created substantial demand for computing power. The company is seizing this opportunity by expanding its computing infrastructure-related business, which includes servers, storage, switches, and data center products. In H1 2025, revenue from the government and enterprise sector doubled, making it a core growth driver [2] - **Terminal Business**: The company is implementing the "AI for All" concept, continuously expanding AI technology applications in terminal devices, particularly in the smartphone sector. In H1 2025, the company launched the world's first full-size AI smartphone, Nubia Z70 Ultra, which is expected to enhance user experience and increase AI terminal product shipments [2]

Core Viewpoint - Huawei has appointed Yu Chengdong as the head of the Product Investment Review Board (IRB), a decision signed off by Ren Zhengfei, aimed at enhancing strategic decision-making and resource allocation efficiency in the company [1] Group 1 - The IRB will primarily evaluate and control major strategic decisions within Huawei [1] - The internal sources indicate that Yu Chengdong's appointment is intended to lead Huawei in winning critical battles in the AI sector [1] - Yu Chengdong continues to hold his positions as Executive Director and Chairman of the Terminal Business Group, overseeing terminal and related operations [1]

据悉，余承东仍然担任华为常务董事、终端 BG董事长，掌管华为终端、鸿蒙智行等业务。 编辑 杨娟娟 校对 王心 新京报贝壳财经讯（记者韦博雅）9月29日，新京报贝壳财经记者从知情人士处获悉，华为公司任命余 承东为公司产品投资评审委员会（IRB）主任，任命文件由任正非亲自签发。 知情人士表示，此次任命意味着，余承东将主导华为IRB。该委员会负责对公司重大战略方向的资源投 入项目立项及预算审批进行关键决策，确保资源高效聚焦核心战略目标。 知情人士称，余承东的核心任务是带领华为在人工智能（AI）领域取得全球领先地位，被内部视为"打 赢Al关键战役"的核心领导人。同时，此次调整凸显华为将AI置于未来十年发展的核心地位，通过IRB 机制确保战略资源向AI领域高强度倾斜。 ...

Core Viewpoint - Dongtu Technology has shown significant stock performance with a year-to-date increase of 133.19%, indicating strong market interest and potential growth opportunities in the industrial control network sector [1][2]. Group 1: Stock Performance - As of September 30, Dongtu Technology's stock price reached 26.77 CNY per share, with a market capitalization of 16.461 billion CNY [1]. - The stock has experienced a 4.49% increase over the last five trading days and a 30.78% increase over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent net buy of 215 million CNY on April 2 [1]. Group 2: Financial Performance - For the first half of 2025, Dongtu Technology reported a revenue of 390 million CNY, a year-on-year decrease of 7.13%, while the net profit attributable to shareholders was -88.8 million CNY, reflecting a growth of 4.65% [2]. - The company has cumulatively distributed 107 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3]. Group 3: Business Overview - Dongtu Technology, established on March 27, 2000, specializes in the research, production, and sales of hardware devices in the industrial control network field, with a revenue composition of 68.97% from industrial network communication, 20.05% from smart controllers and solutions, and 10.98% from industrial operating systems and related software services [2]. - The company is categorized under the communication equipment sector and is involved in various concept sectors, including humanoid robots, smart vehicles, and Industry 4.0 [2].

Core Viewpoint - Pingzhi Information has been selected as a candidate for the 2025 China Unicom General Server Centralized Procurement Project, indicating a significant opportunity for the company in the cloud computing infrastructure sector [1][2]. Group 1: Project Details - Project Name: 2025 China Unicom General Server Centralized Procurement Project [2] - Tendering Entity: China United Network Communications Co., Ltd. and Unicom Digital Technology Co., Ltd. [2] - Tendering Agency: Putian Information Engineering Design Service Co., Ltd. [2] - Procurement Content: General servers [2] - Pre-bid Status: Pingzhi Information is the eighth candidate for bid package two, with a winning bid amount of approximately RMB 451 million [2]. Group 2: Impact on Company - Winning this bid is expected to have a very positive and significant impact on the company's development of general server business [2]. - The general servers are primarily used in the cloud computing industry, and the company aims to leverage this project to actively participate in the construction of cloud computing infrastructure for telecommunications operators [2]. - This aligns with the company's strategic development goals [2].

Core Viewpoint - Pingzhi Information has been selected as a candidate for the 2025 China Unicom General Server Centralized Procurement Project, indicating a significant opportunity for the company in the cloud computing infrastructure sector [1][2]. Group 1: Project Details - Project Name: 2025 China Unicom General Server Centralized Procurement Project [2] - Tendering Entity: China United Network Communications Limited and Unicom Digital Technology Co., Ltd. [2] - Tendering Agency: Putian Information Engineering Design Service Co., Ltd. [2] - Procurement Content: General servers [2] - Pre-bid Status: Pingzhi Information is the eighth candidate for bid package two, with a winning bid amount of approximately RMB 451 million [2]. Group 2: Impact on Company - Winning this bid is expected to have a very positive and significant impact on the company's development of general server business [2]. - The general servers are primarily used in the cloud computing industry, and the company aims to leverage this project to actively participate in the construction of cloud computing infrastructure for telecommunications operators [2]. - This project aligns with the company's strategic development goals [2].

Group 1 - The company, Pingzhi Information (300571.SZ), has been selected as one of the candidates for the 2025 China Unicom general server centralized procurement project [1] - The total bid amount, including tax, is approximately 451 million yuan [1]

智通财经APP讯，平治信息(300571.SZ)公告，公司为2025年中国联通通用服务器集中采购项目的中标候 选人之一，中标含税金额约为4.51亿元。 ...