香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 董事會認為融資協議及擔保之條款乃經協議各方公平磋商確定，屬公平合理並符合 本公司及其股東的整體利益。 經董事作出一切合理查詢後所深知、全悉及確信，該銀行及其最終實益擁有人均為 獨立於本公司及其關連人士（定義見香港聯合交易所有限公司證券上市規則）的第三 方。 Zhonggan Communication (Group) Holdings Limited 中 贛 通 信（ 集 團 ）控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：2545） 自願公告 就附屬公司之銀行授信提供擔保 本公告乃由中贛通信（集團）控股有限公司（「本公司」，連同其附屬公司統稱為「本集 團」）自願作出。 本公司之董事（「董事」）會（「董事會」）欣然宣佈，本公司已向贛州銀行股份有限公司 青山湖支行（「該銀行」）提供一筆最多金額為人民幣250,000,000元之擔保（「擔保」）。 此項擔保旨在保證本公司全資附屬公司中 ...

Market Performance - The A-share market showed positive performance with the Shanghai Composite Index increasing by 1.98%, the CSI 300 rising by 1.08%, and the Wind All A Index up by 2.75% during the period from February 24 to February 27, 2026[23] - The cyclical sector outperformed with an average increase of 1.23%, driven by rising international oil prices and increased demand for precious metals due to geopolitical tensions[13] Geopolitical Impact - The recent US-Iran conflict on February 28 had a limited impact on the market, as it was largely priced in beforehand, with noticeable adjustments in high-valuation sectors like US tech stocks[18] - The conflict is expected to be short-term, with the US likely focusing on limited strikes rather than full occupation, and Iran's economy heavily reliant on oil exports, making long-term blockades impractical[18] Inflation and Monetary Policy - The US January CPI rose by 2.4% year-on-year, with core CPI dropping to 2.5%, the lowest since March 2021, easing inflationary pressures and lowering the threshold for potential Fed rate cuts[20] - Market expectations for Fed rate cuts have increased, with a 63.79% probability of a cut in June and a 98% probability in July 2026[20] Investment Strategy - Focus on technology and advanced manufacturing sectors, particularly electronics, software, and communication services, as well as power equipment and defense industries, due to favorable policy signals from the upcoming "Two Sessions"[24] - Emphasis on boosting domestic demand, with the National Development and Reform Commission planning to enhance the effectiveness of new policies, including a special bond issuance of 625 billion yuan to support consumption[24] Risk Factors - Key risks include economic underperformance, industry-specific risks, exchange rate fluctuations, data inaccuracies, trade protectionism, global liquidity risks, and potential black swan events[39][40]

Core Insights - The total volume of mobile SMS business in China for the year 2025 is projected to reach 23,019.5 billion messages, reflecting a cumulative growth of 14.2% [1] - In December 2025, the mobile SMS business volume is expected to be 1,958.7 billion messages, showing a year-on-year decline of 10.7% but a month-on-month increase of 6.3% [1] Data Summary - The cumulative volume of mobile SMS messages from 2020 to 2025 is illustrated in a statistical chart provided by the National Bureau of Statistics [1] - A separate statistical chart shows the current value of mobile SMS business volume over the past year along with year-on-year growth statistics, also sourced from the National Bureau of Statistics [1]

Core Viewpoint - Yuan Dao Communication (301139) focuses on communication network maintenance, optimization, construction, and ICT services, ensuring the stable operation of communication networks across over 30 provinces in China [1] Group 1 - The company's main business includes communication technology services and ICT services [1] - Services provided by the company cover more than 30 provinces, autonomous regions, and municipalities in China [1] - The company has expanded its communication technology services into smart parks, smart cities, and industry digitization [1]

Core Viewpoint - Zhongfutong (300560.SZ) plans to raise a total of no more than 643 million yuan through a private placement, with the net proceeds to be used for various projects including an AI-based public safety platform, communication service network upgrades, R&D center enhancements, and working capital supplementation [1] Group 1 - The total amount to be raised is capped at 643 million yuan, including the principal [1] - The net proceeds after deducting issuance costs will be fully allocated to specific projects [1] - The projects include the industrialization of an AI-based public safety platform and upgrades to communication service points [1]

Group 1 - The company, Zhongfu Tong (300560.SZ), plans to issue A-shares to specific investors, with a total fundraising amount not exceeding RMB 643 million, including issuance costs [1] - The issuance will involve no more than 35 specific investors and the total number of shares issued will not exceed 30% of the company's total share capital prior to the issuance, which amounts to a maximum of 6,892,310 shares [1] - The net proceeds from the fundraising, after deducting issuance costs, will be used entirely for projects related to the industrialization of an AI-based public safety platform, upgrading communication service outlets, enhancing the research and development center, and supplementing working capital [1]

每经AI快讯，中富通2月27日晚间发布公告称，公司第五届第十五次董事会会议于2026年2月26日以现 场加通讯的方式召开。会议审议了《关于公司2026年度向特定对象发行A股股票方案的议案》等文件。 每经头条（nbdtoutiao）——中美大反转，中国AI调用量首超美国，A股嗨了，多板块掀涨停潮！华尔 街知名分析师：中国算力路径颠覆传统认知 （记者 王晓波） ...

Core Viewpoint - The A-share market experienced a collective decline in the morning session, with all three major indices falling, indicating a bearish sentiment among investors [1]. Market Performance - The Shanghai Composite Index closed at 4139.53 points, down 0.17% - The Shenzhen Component Index closed at 14405.75 points, down 0.68% - The ChiNext Index closed at 3296.23 points, down 1.46% [1]. Sector Performance Top Gaining Sectors - Small Metals: Increased by 5.81%, with a total trading volume of 1,212.85 million hands and a net inflow of 51.25 billion - Communication Services: Increased by 2.74%, with a total trading volume of 1,560.11 million hands and a net inflow of 40.26 billion - Electric Power: Increased by 2.30%, with a total trading volume of 6,635.82 million hands and a net inflow of 38.43 billion [2]. Top Losing Sectors - Components: Decreased by 2.36%, with a total trading volume of 1,267.51 million hands and a net outflow of 50.17 billion - Electronic Chemicals: Decreased by 2.09%, with a total trading volume of 670.66 million hands and a net outflow of 18.45 billion - Paper: Decreased by 1.78%, with a total trading volume of 451.19 million hands and a net outflow of 4.41 billion [2].

Core Viewpoint - Chuling Information (300250) has confirmed its participation as a limited partner (LP) in the China Mobile Chain Long Beijing Fund, indicating a small investment share of approximately 1.08% in the fund [1] Group 1 - The company is involved in the China Mobile Chain Long Beijing Fund and the China Mobile Chain Long Shanghai Fund [1] - The investment in the Beijing Digital New Economy Industry Fund is characterized as a minor contribution [1] - The company has advised investors to be aware of the uncertainties in the secondary market [1]

Core Viewpoint - The strong performance of Nvidia's earnings report alleviates concerns about the overseas AI bubble, leading to increased investment in domestic computing power and AI application sectors, particularly through the Huabao Big Data ETF (516700) [1] Group 1: Market Performance - The Huabao Big Data ETF (516700) saw an intraday increase of 2.27%, currently up by 2%, with nearly 9 million yuan in inflows over the past three days, indicating positive market sentiment towards the big data sector [1] - Key stocks in the ETF include Zhongke Shuguang, iFLYTEK, Unisoc, Inspur Information, and China Software, focusing on data centers, cloud computing, and big data processing [5] Group 2: Stock Performance - Notable stock performances include: - Runze Technology up by 18.56% - Aofei Data up by 11.57% - Yuntian Lihui up by 9.63% - Guanghuan New Network up by 7.16% [2][6] Group 3: Industry Insights - The AI development phase is in a critical acceleration period, with increasing demand for underlying computing power and a growing supply chain for related chips, servers, and switches [3] - Data centers are identified as the core infrastructure for AI, with a high demand in the domestic and international computing power markets driving steady growth in the IDC industry [3] Group 4: ETF Composition - By the end of 2025, the Huabao Big Data ETF's index will have a computing power concept weight of 40.91% and an AI application concept weight of 37.43% [4]