Core Viewpoint - Aviat Networks, Inc. is set to release its fourth quarter fiscal 2025 financial results on September 10, 2025, after market close, indicating a focus on transparency and communication with investors [1][6]. Financial Results Announcement - The financial results will cover the period ended June 27, 2025, showcasing the company's performance in the last quarter of the fiscal year [1]. - An earnings conference call and webcast will be held on the same day at 4:15 p.m. ET, featuring key executives including the President and CEO, CFO, and Interim CFO [2]. Access to Conference Call - Interested parties can access the conference call live via the webcast on Aviat Network's Investor Relations website or participate via telephone after registering [3]. - A replay of the conference call will be available on the company's investor relations website following the event [3]. Company Overview - Aviat Networks, Inc. specializes in wireless transport and access solutions, with over one million systems sold in 170 countries, serving various sectors including government and defense [4]. - The company has a long history of microwave innovations and offers a comprehensive suite of professional and support services to simplify network operations for its customers [4].

中兴通讯9月10日在互动平台回答投资者提问时表示，目前，国内液冷服务器主要应用于高性能计算市 场，公司全系列服务器支持液冷，高性能液冷服务器性能居业界前列，可满足多样性算力场景需求。公 司液冷服务器已在国内运营商、互联网行业规模发货。 （文章来源：证券日报） ...

Group 1 - The company focuses on core businesses related to optical transmission, optical access, optical fiber cables, optical distribution, and big data products [1] - The company is actively expanding into the computing and marine network industries [1] - In the AI computing power sector, the company's business includes server hardware and multimode optical fibers used in data centers, with sales scale and profit contribution showing growth in recent years [1] Group 2 - The company has clear plans for capacity expansion and revenue increase for its related products [1]

Core Viewpoint - The company has developed a four-tube nested hollow-core optical fiber that combines high mechanical strength and bend resistance, suitable for complex deployment environments [1] Group 1 - The hollow-core optical fiber is currently in the pilot verification stage [1] - The company is actively promoting pilot projects on the customer side [1]

Core Insights - The 2025 China Unicom Partner Conference was held in Shanghai, focusing on the theme "Co-creation of a New Ecosystem through Practical Collaboration" to explore digital technology integration and innovation in China [1] - Unisplendour's subsidiary, H3C Group, showcased its full-stack innovative achievements under the theme "Computing Power × Connectivity, AI × Future," emphasizing the dual drive of "AI in All" and "AI for All" to empower digital transformation across various industries [1][12] Group 1: Event Highlights - Key leaders from China Unicom, including Chairman Chen Zhongyue and General Manager Jian Qin, visited the H3C exhibition booth, where H3C's latest technological achievements and solutions in intelligent computing and smart home sectors were presented [3] - H3C's Senior Vice President He Ning provided detailed insights into the collaboration between H3C and China Unicom, receiving high praise from leaders for H3C's innovative technologies and applications [3] Group 2: Strategic Initiatives - H3C's participation in the launch of the "China Unicom Tongtong Huigou Enterprise Mall" aims to enhance procurement processes and service efficiency for government and enterprise clients [4] - The company was recognized with the "Outstanding Contribution Award" at the China Unicom Partner Conference for its achievements in the terminal ecosystem, particularly in FTTR products and smart home collaborations [6] Group 3: Technological Innovations - The "Lingxi Intelligent Computing Solution," central to the "AI in All" strategy, supports AIGC demands through six capabilities, including efficient computing power supply and intelligent energy management, while collaborating with over 15 major AI chip manufacturers [8] - H3C's BNC (Broadband Core Network) initiative aims to create a flexible and efficient broadband network architecture, enhancing service capabilities and operational efficiency [10] Group 4: AI Applications and Collaborations - The "Turing Town" initiative, part of the "AI for All" strategy, is being developed in multiple cities to create a closed-loop business model that integrates construction, ecology, operations, and sales [11] - H3C's AI solutions have been implemented in various sectors, including industrial manufacturing and smart healthcare, with a focus on accelerating industry intelligence transformation [11]

Core Viewpoint - ZTE Corporation is focusing on the development of liquid-cooled servers, AI solutions, and high-performance computing infrastructure, positioning itself as a leader in the intelligent computing industry [1] Group 1: Liquid-Cooled Servers - The company’s liquid-cooled servers are primarily aimed at the high-performance computing market, with performance ranking among the best in the industry, catering to diverse computing scenarios [1] - ZTE has successfully delivered liquid-cooled servers to domestic operators and the internet sector [1] Group 2: Robotics - ZTE is collaborating with ecosystem partners on humanoid robots, focusing on computing power, networking, and intelligent hardware and software research and development [1] Group 3: Artificial Intelligence - The company is committed to investing in artificial intelligence, positioning intelligent computing as a long-term strategic focus, enhancing product development and industry ecosystem collaboration [1] - ZTE is developing a full-stack computing infrastructure, including self-developed chips, intelligent computing servers, and large-scale clusters, to provide end-to-end AI solutions [1] - The self-developed high-performance custom processor chips aim to reduce total cost of ownership (TCO) for applications like cloud computing and big data processing [1] - The company’s AI Booster software platform offers a one-stop AI solution, simplifying AI innovation and reducing model migration costs for clients [1] - ZTE's self-developed Nebula large models have achieved top rankings in various AI inference benchmarks, indicating strong capabilities in algorithm innovation and data engineering [1] Group 4: Computing Infrastructure - ZTE provides a range of high-performance training servers and cost-effective inference servers, meeting diverse intelligent computing needs from central to edge [1] - The company’s intelligent computing super-node system, based on its self-developed AI large-capacity switching chip "Lingyun," supports large-scale interconnection of domestic GPU cards [1] - ZTE has launched high-density switches with leading performance in the market, catering to various sectors including telecommunications and finance [1] Group 5: Military Sector - The company has not engaged in any business within the military sector [1]

Core Viewpoint - ZTE Corporation focuses on breakthroughs in core technologies related to connectivity (CT technology) and computing power (IT technology), enhancing its core competitiveness through innovation in 5G, optical networks, computing power, terminals, and value patent layout [1] Group 1: Core Technology Development - In the field of core technologies, the company emphasizes independent innovation in chips, operating systems, and databases, showcasing industry-leading capabilities in chip design and industrial-grade operating systems [1] - The self-developed GoldenDB database supports over 10 trillion financial transactions daily and more than 10 billion core transactions, catering to over 900 million mobile users [1] - New server operating systems and GoldenDB distributed databases have passed national security assessments [1] Group 2: Connectivity Solutions - The company ranks second globally in the cumulative shipment of 5G base stations and core networks, with solid network products also holding a global second position [1] - The company has developed specialized product solutions for various 5G scenarios, enhancing network quality and supporting the evolution towards 6G technology [1] - In the fixed network sector, the company has developed a prototype for 50G PON technology, facilitating smooth upgrades for operators [1] Group 3: Computing Power Innovations - The company is enhancing its intelligent computing product development and ecosystem collaboration to meet the demands of AI large models [1] - It has created a low-latency, high-bandwidth GPU computing network, which received recognition at the 2025 World Artificial Intelligence Conference [1] - The intelligent computing super-node system, based on self-developed AI switching chips, won a significant breakthrough award at the 2025 China Computing Power Conference [1] Group 4: Terminal Products - The company is actively promoting AI applications in consumer electronics, expanding the use of AI in mobile devices, PCs, and smart wearables [1] - It has launched innovative AI cloud computer terminals, including the world's first 2-in-1 cloud PAD, to enhance user experience [1] - The company achieved over 10 million units in FTTR annual shipments and holds the top global market share in PON CPE and IP set-top boxes [1] Group 5: Patent Strategy - The company is among the top global players in patent layout, significantly contributing to 5G technology research and standard-setting [1] - As of June 30, 2025, the company holds approximately 94,000 global patent applications and over 50,000 granted patents [1] - In the chip sector, the company has around 5,700 patent applications, with over 3,700 granted, and in AI, nearly 5,500 applications, with a substantial portion already authorized [1]

Core Viewpoint - ZTE Corporation is focusing on liquid cooling servers, AI solutions, and self-developed chips to enhance its competitiveness in the high-performance computing market and AI industry [1] Group 1: Liquid Cooling Servers - ZTE's liquid cooling servers are primarily used in the high-performance computing market, with the company claiming its high-performance liquid cooling servers are among the best in the industry [1] - The company has successfully delivered liquid cooling servers to domestic operators and the internet sector [1] Group 2: AI Strategy - ZTE is positioning intelligent computing as a long-term strategic focus, enhancing R&D in intelligent computing products and collaborating with industry partners [1] - The company is developing a full-stack computing infrastructure, including self-developed chips, intelligent computing servers, and large-scale clusters to meet diverse AI application needs [1] - ZTE's self-developed high-performance processors aim to reduce total cost of ownership (TCO) for applications like cloud computing and big data processing [1] Group 3: Software and Models - ZTE's AI Booster platform offers comprehensive AI solutions, simplifying AI innovation for clients and reducing costs associated with model migration [1] - The company has received top scores in IDC's report on AI inference computing power, showcasing its capabilities in complex hardware and software integration [1] - ZTE's self-developed Nebula large models have achieved significant rankings in algorithm innovation and data engineering [1] Group 4: Infrastructure and Ecosystem - ZTE is building a domestic intelligent computing ecosystem, having won the 2025 China Computing Conference's major breakthrough award [1] - The company is launching high-density switches and a full range of servers to support large-scale intelligent computing clusters in various markets [1] Group 5: Military Sector - ZTE has not engaged in any business within the military sector [1]

Core Viewpoint - ZTE Corporation focuses on breakthroughs in core technologies related to connectivity (CT technology) and computing power (IT technology), enhancing its core competitiveness through innovation in 5G, optical networks, computing power, terminals, and value patent layout [1] Group 1: Core Technology Development - The company emphasizes independent innovation in core technologies such as chips, operating systems, and databases, showcasing industry-leading capabilities in chip design, real-time operating systems, and its self-developed GoldenDB database, which handles over 10 trillion financial transactions daily [1] - ZTE's new server operating system and GoldenDB distributed database have passed national security assessments, reinforcing its commitment to secure technology [1] Group 2: Connectivity Solutions - In the connectivity sector, ZTE ranks second globally in cumulative shipments of 5G base stations and core networks, with its fixed network products also holding a global second-place market share [1] - The company has developed specialized product solutions for various 5G scenarios, enhancing network quality and supporting the evolution towards 6G technology [1] Group 3: Computing Power Initiatives - ZTE is enhancing its intelligent computing product development and ecosystem collaboration, focusing on AI-driven solutions through self-developed chips and large-scale computing infrastructure [1] - The company has received accolades for its innovations in distributed optical interconnect chips and AI supernode systems, demonstrating its leadership in AI computing solutions [1] Group 4: Terminal Products - ZTE is actively promoting AI applications in consumer electronics, expanding its ecosystem across smartphones, PCs, tablets, and smart wearable devices [1] - The company has achieved significant sales milestones, including over 10 million FTTR units and leading global market shares in various terminal categories [1] Group 5: Patent Strategy - ZTE ranks among the top global players in patent layout, with approximately 94,000 global patent applications and over 50,000 granted patents as of June 30, 2025 [1] - The company is a major contributor to 5G technology research and standard-setting, maintaining a strong position in essential patent families [1]

Core Viewpoint - The recent patent application by Fenghuo Communication Technology Co., Ltd. focuses on a method for achieving deterministic delay in time-sensitive network services, which aims to enhance the control over end-to-end delay and jitter while minimizing network upgrade costs and complexity [1] Group 1 - The patent titled "A Method for Determining Delay in Time-Sensitive Networks and Its Implementation" has been published [1] - The invention generates a timestamp label based on the business identifier, message length, and reception timestamp of time-sensitive flow service messages [1] - The method allows for strict control of end-to-end delay and jitter for time-sensitive flow service messages by utilizing existing network infrastructure with minimal modifications [1]