证券代码：601728 证券简称：中国电信 公告编号：2025-027 中国电信股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ? 2025 年中期每股派发现金红利人民币 0.1812 元（含税）。 ? 本次利润分配以实施权益分派股权登记日当日登记的总股本为基 数，具体日期将在权益分派实施公告中明确。 ? 如股权登记日前公司总股本发生变动的，拟维持分配总额不变， 相应调整每股分配比例，并将另行公告具体调整情况。 ? 本次利润分配方案已由 2024 年年度股东大会授权董事会决定。 一、利润分配方案内容 截至 2025 年 6 月 30 日，中国电信股份有限公司（以下简称"公 ）母公司报表中期末未分配利润为人民币 180,860,539,282.68 元。 司" 经公司第八届董事会第二十一次会议批准，公司 2025 年半年度拟以 实施权益分派股权登记日登记的总股本为基数分配利润。本次利润分 配方案如下： 公司拟向全体股东每股派发现金红利 0.1812 元 截至 2025 （含税）。 年 6 月 30 ...

证券代码：601728 证券简称：中国电信 公告编号：2025-025 中国电信股份有限公司 第八届董事会第二十一次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会召开情况 中国电信股份有限公司（以下称"公司"）于 2025 年 8 月 14 日 在香港湾仔告士打道 108 号光大中心 28 楼以现场方式召开了第八届 董事会第二十一次会议。本次董事会的会议通知及资料已于会前发送 给公司全体董事。本次会议应到董事 9 人，实到董事 8 人，公司董事 吕永钟先生因工作原因无法出席本次现场会议，委托公司董事李英辉 先生在本次董事会上对会议议案行使表决权。会议由董事长柯瑞文先 生主持，会议的召开及其程序符合有关法律、法规和公司章程的规定。 二、 董事会审议情况 （一）批准《关于公司 2025 年半年度报告的议案》 议，公司董事会审核委员会同意该议案，并同意将该议案提交公司董 事会审议。 董事会批准公司 2025 年半年度报告、摘要及业绩公告。具体内容 详见公司同日披露于上海证券交易所网站（www.sse.com ...

证券代码：601728 证券简称：中国电信 公告编号：2025-026 中国电信股份有限公司 第八届监事会第十六次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、监事会召开情况 中国电信股份有限公司（以下称"公司"）于 2025 年 8 月 13 日 在北京西城区金融大街 31 号公司总部 718 会议室以现场方式召开了 第八届监事会第十六次会议。本次监事会的会议通知及资料已于会前 发送给公司全体监事。本次监事会会议应到监事 5 人，实到监事 5 人， 会议由监事会主席黄旭丹女士主持，会议的召开及其程序符合有关法 律法规和公司章程的规定。 二、监事会审议情况 （一）审议通过了《关于公司 2025 年半年度报告的议案》 经审核，监事会认为： 公司章程和公司内部管理制度等相关规定； 具体内容详见公司同日披露于上海证券交易所网站 （www.sse.com.cn）及指定媒体的《中国电信股份有限公司 2025 年 半年度报告》及其摘要。 表决结果：5 票同意，0 票反对，0 票弃权。 （二）审议通过了《关于公司 202 ...

Core Insights - The three major telecom operators in China, China Mobile, China Telecom, and China Unicom, have released their interim reports for 2025, indicating a cautious approach to capital expenditure and a focus on AI and computing investments [1][2][3] Financial Performance - China Telecom reported a revenue of 2694.22 billion yuan for the first half of 2025, a year-on-year increase of 1.3%, with a net profit of 230.17 billion yuan, up 5.5% [3][4] - China Mobile's revenue for the same period was 5437.69 billion yuan, a decrease of 0.5%, marking the first decline in six years, while net profit rose by 5% to 842.35 billion yuan [7] - China Unicom achieved a revenue of 2002 billion yuan, a 1.5% increase, with a net profit of 63.49 billion yuan, up 5.1% [7] Dividend Distribution - The three operators plan a total interim dividend of approximately 742.56 billion yuan, with China Telecom distributing 165.8 billion yuan, China Mobile approximately 541.99 billion yuan, and China Unicom about 34.77 billion yuan [2][6][7] Business Transformation - The telecom operators are accelerating their business transformation, focusing on enterprise markets and new business areas due to saturation in the personal market [3][8] - China Telecom's mobile communication service revenue reached 1066 billion yuan, a 1.3% increase, while its digital industrial revenue grew to 749 billion yuan, with AI-related services showing significant growth [6][9] Capital Expenditure Plans - China Mobile's capital expenditure for the first half of 2025 was 584 billion yuan, down 8.75%, with a full-year plan of 1512 billion yuan, focusing on AI and computing [10][11] - China Telecom's capital expenditure was 342 billion yuan, a 27% decrease, with a full-year plan of 836 billion yuan, emphasizing AI infrastructure [12][13] - China Unicom's capital expenditure for the first half was 202 billion yuan, down 15%, with a full-year estimate of 550 billion yuan, shifting focus towards AI and cloud investments [14] AI and Computing Focus - All three operators highlighted the importance of AI in their business strategies, with China Mobile reporting that 75% of its incremental revenue from cloud services was driven by AI [8] - China Telecom is transitioning its strategy to fully embrace AI, enhancing its service offerings to meet diverse customer needs [9]

Core Insights - The three major telecom operators in China, China Mobile, China Telecom, and China Unicom, have released their interim reports for 2025, indicating a cautious approach to capital expenditure and a focus on AI and computing investments [1][2][3] Financial Performance - China Telecom reported a revenue of 2694.22 billion yuan for the first half of 2025, a year-on-year increase of 1.3%, with a net profit of 230.17 billion yuan, up 5.5% [3][4] - China Mobile's revenue for the same period was 5437.69 billion yuan, a decline of 0.5%, marking the first revenue drop in six years, while net profit rose by 5% to 842.35 billion yuan [8] - China Unicom achieved a revenue of 2002 billion yuan, a 1.5% increase, with a net profit of 63.49 billion yuan, up 5.1% [8] Dividend Distribution - The three operators plan a total interim dividend of approximately 742.56 billion yuan, with China Telecom distributing 165.8 billion yuan, China Mobile approximately 541.99 billion yuan, and China Unicom about 34.77 billion yuan [2][7][8] Business Transformation - The telecom operators are accelerating their business transformation, focusing on enterprise markets and new business areas due to saturation in the personal market [3][9] - China Telecom's mobile communication service revenue reached 1066 billion yuan, a 1.3% increase, while its digitalization revenue grew to 749 billion yuan, with AI-related services showing significant growth [7][10] Capital Expenditure Plans - China Mobile's capital expenditure for the first half of 2025 was 584 billion yuan, down 8.75%, with a full-year plan of 1512 billion yuan, focusing on AI and computing [11][12] - China Telecom's capital expenditure was 342 billion yuan, a 27% decrease, with a full-year plan of 836 billion yuan, emphasizing AI infrastructure [13][14] - China Unicom's capital expenditure for the first half was 202 billion yuan, down 15%, with a full-year estimate of 550 billion yuan, shifting focus towards AI and cloud investments [15] AI and Computing Focus - All three operators highlighted the importance of AI in their business strategies, with China Mobile reporting that 75% of its cloud revenue growth was driven by AI [9][11] - China Unicom plans to enhance its AI infrastructure and services, while China Telecom is transitioning to a strategy that fully embraces AI [10][14]

Group 1: Core Insights - Rongchang Biologics (09995.HK) announced that its innovative drug Taitasip (brand name: Tai Ai®) for treating primary Sjögren's syndrome has met the primary endpoint in a Phase III clinical trial in China [1] - Taitasip is the first BLyS/APRIL dual-target fusion protein drug to complete Phase III research in the field of Sjögren's syndrome globally [1] - The clinical trial was a multi-center, randomized, double-blind, placebo-controlled study aimed at evaluating the efficacy and safety of Taitasip, with the primary endpoint being the change in ESSDAI score at week 24 compared to baseline [1] Group 2: Disease Background and Drug Mechanism - Sjögren's syndrome is a chronic inflammatory autoimmune disease characterized by lymphocytic infiltration and damage to exocrine glands, leading to persistent dry mouth and dry eyes, and can affect multiple organ systems [2] - The prevalence of Sjögren's syndrome in China is estimated to be between 0.3% and 0.7%, with an increasing trend indicating a significant unmet clinical need [2] - Taitasip is a novel dual-target fusion protein developed by the company that simultaneously inhibits the overexpression of BLyS and APRIL, effectively preventing abnormal differentiation and maturation of B cells [2] Group 3: Regulatory and Clinical Recognition - Taitasip has received multiple authoritative guideline recommendations in China, including the "Clinical Practice Guidelines for Sjögren's Syndrome" and the "Expert Consensus on B-cell Targeted Therapy for Rheumatic and Immune Diseases" [2] - Internationally, Taitasip has been granted Fast Track designation by the U.S. FDA for its indication in Sjögren's syndrome and has been approved to conduct global multi-center Phase III clinical trials [2]

Core Viewpoint - China Telecom (601728)(00728) announced that it will distribute an interim dividend of 0.1812 yuan per share on September 30, 2025 [1] Company Summary - The interim dividend per share is set at 0.1812 yuan [1]

Core Viewpoint - China Telecom has announced the appointment of independent non-executive director Mr. Chen Dongqi to the board's remuneration committee and independent non-executive director Ms. Lu Wei to the board's nomination committee, effective from August 14, 2025 [1] Group 1 - Mr. Chen Dongqi appointed to the remuneration committee [1] - Ms. Lu Wei appointed to the nomination committee [1] - Both appointments are effective from August 14, 2025 [1]

8月14日晚间，又有14家公司披露2025年半年报发红方案。截至最新，半年报宣布分红的公司（含股东 提议分红）达到77家，拟分红总金额突破1000亿元，达到近1005亿元。其中，中国移动、中国电信两家 公司分红金额超过100亿元，宁德时代、海康威视、中国联通分红金额超过30亿元。 ...

Group 1: Financial Performance - The three major telecom operators in China reported growth in net profits for the first half of 2025, with China Telecom's operating revenue at 271.5 billion RMB, a 1.3% increase year-on-year, and a net profit of 23 billion RMB, up 5.5% [1] - China Unicom's operating revenue exceeded 200 billion RMB, with a total profit of 17.7 billion RMB, reflecting a 5.2% year-on-year growth, and a net profit of 6.349 billion RMB, up 5.1% [1] - China Mobile achieved operating revenue of 543.8 billion RMB, with communication service revenue at 467 billion RMB, a 0.7% increase, and a net profit of 84.235 billion RMB, up 5.0% [1] Group 2: Technological Advancements - The three telecom operators are accelerating their layout in frontier technology fields, with China Telecom's strategic emerging business revenue growing rapidly, including Tianyi Cloud revenue of 57.3 billion RMB and intelligent revenue of 6.3 billion RMB, up 89.4% year-on-year [2] - China Mobile is enhancing AI innovation and application, with over 60 million monthly active users for its Lingxi intelligent agent and a new upgrade of its MoMA service engine [2] - China Unicom's cloud revenue reached 37.6 billion RMB, with data center revenue growing by 9.4% to 14.4 billion RMB, reflecting strong demand for intelligent services in various sectors [2] Group 3: Future Opportunities - The telecom operators emphasize the importance of seizing opportunities in the digital intelligence era, with China Telecom focusing on optimizing quantum products and promoting AI applications across various industries [3] - China Mobile plans to deepen reforms and enhance its capabilities in technology innovation and integration, aiming to release AI scale effects [3] - China Unicom aims to foster a new ecosystem of AI infrastructure and technology through collaboration with partners, with an expected fixed asset investment of around 55 billion RMB for the year [3]