孔子"穿越"时空上演历史对话；智能机械臂精准分选产品；产业大脑实现全链条智能决策……这些都是 第十七届中国（济南）国际信息技术博览会上真实可触的未来场景。 11月26日，第十七届中国（济南）国际信息技术博览会（以下简称"信博会"）在济南舜耕国际会展中心 启幕。行业大模型竞相绽放，智能体深入千行百业，从"看一看"的惊奇到"试一试"的融入，人工智能 在"信博会"上变得越来越可感可及。 "一展、一会、N活动" 勾勒山东AI从技术到产业全景图 以"人工智能 赋能未来"为主题，这场为期两天的科技盛会构建起"一展、一会、N活动"的立体化格局， 汇集了来自全国各地的300多家知名企业，集中展示人工智能领域的前沿成果。 在展会区域，记者注意到，AI技术已深度渗透制造、交通、能源、金融、建筑、医疗等重点行业。从 国资央企到地方龙头，从科技巨头到跨界新锐，各家企业纷纷展示其在AI领域的核心技术与标杆应 用。 "从信息化到智能化，从基础技术到'人工智能+'，信博会主题的演变正是国内AI产业落地发展的缩 影。"山东财经大学中国经济研究院教授董彦岭指出，这不仅是一次人工智能产业领域的集中检阅，更 展现出山东AI产业从技术突破到商业应用 ...

Core Insights - The report indicates that domestic generative AI models have become the preferred choice for over 90% of users, reflecting China's market dominance in AI core technologies [1][7] - The number of AI companies and the scale of the industry in China continue to grow during the 14th Five-Year Plan, with significant innovations emerging [1][3] Industry Development - As of August 2025, China has registered 538 generative AI services and 263 applications, with widespread use in various sectors including smart search, content creation, and industrial manufacturing [3] - The generative AI industry in China is characterized by a "pyramid" distribution, with Beijing and Shanghai leading in the number of registered models, accounting for 48.5% of the total [4][6] Regional Characteristics - The Beijing-Tianjin-Hebei region focuses on "technology sourcing and regional collaboration," while the Yangtze River Delta emphasizes "ecosystem building and industrial empowerment" [5][6] - The Pearl River Delta is characterized by "industry application and robust support," leveraging a complete industrial chain and active market for AI technology applications [6] User Preference and Market Dynamics - Over 90% of users prefer domestic models due to their stable advantages in experience, cost-effectiveness, and adaptability to local needs [7] - The preference for domestic models is expected to accelerate a positive cycle of application, feedback, and iteration, enhancing the ecosystem [7] Challenges and Future Directions - Despite the rapid development, challenges such as the inherent opacity of models, "hallucination" issues, and potential security risks hinder deeper applications in critical fields [8] - Future efforts should focus on establishing data governance mechanisms, enhancing vertical scene applications, and promoting collaboration across the AI value chain to lower the barriers for deploying specialized models [8]

Core Insights - The event "AI+ Era" showcases the integration of carbon-based life creativity and silicon-based intelligence, emphasizing the potential of AI in various sectors [1] - China Mobile presents its latest technological innovations and solutions that empower AI applications in life, production, and governance [1] Group 1: AI Infrastructure and Capabilities - China Mobile has developed the "National Core National Connection" super-node AI computing cluster to support data-intensive AI applications such as model training and inference [3] - The self-developed "Xinhui" heterogeneous super-convergence technology enables seamless cross-architecture migration of intelligent computing applications, unifying China's intelligent computing software ecosystem [3] Group 2: Specialized AI Models - The self-developed "Jiutian" large model by China Mobile encompasses various forms including language, vision, multimodal, structured data, and voice, facilitating the creation of industry-specific large models across over twenty key sectors [5] Group 3: AI in Production and Governance - AI-powered flexible manufacturing leverages intelligent agents and foundational large model capabilities to achieve digital transformation across the entire production process, showcasing real-time responses to diverse production demands [7] Group 4: AI in Daily Life - The "Mobile Love Purchase" smart living mall offers a new experience by integrating services across various aspects of life, including clothing, food, housing, transportation, entertainment, education, healthcare, and elder care [9] - The exhibition features autonomous robots in a restaurant setting, demonstrating their ability to collaborate and serve traditional cuisine, enhancing the smart home experience [11] Group 5: Future Directions - China Mobile aims to continue advancing its "BASIC6" innovation plan, "AI+" action plan, and "two new types" upgrade plans to accelerate breakthroughs in AI technology and expand high-quality AI application supply [15]

港股晨报 港股回顾 点，跌幅随即扩大至 247 点，低见 23730 点，其后跌幅 一度收窄至仅 20 点，午后大盘走势偏软，尾盘沽压再 度扩大。截至收盘，恒指收报 23831 点，下跌 145 点或 0.61%；国指收报 9656 点，下跌 47 点或 0.49%，大市 成交进一步减至 827.99 亿。港股通录得净流入资金 4.84 亿，其中港股通(沪)净流入 2.83 亿，港股通(深)净 流入 2.01 亿。板块方面，本地地产、软件、5G 概念板 块跌幅靠前；黄金股逆市走强。 周一港股股指宽幅震荡，收盘恒生指数跌 1.52% 报 25889.48 点，恒生科技指数跌 1.82%，恒生中 国企业指数跌 1.45%。大市成交 4903.66 亿港 元，南向资金大幅加仓 198.04 亿港元。医药、科 网股普遍下挫，药明康德、小米集团跌超 5%；自 主可控概念大涨，金山软件涨超 13%，华虹半导 体涨 8%；黄金等小金属行业逆势走强，赣锋锂业 涨逾 8%。 美股市场 1. 美股周一收高，三大股指均挽回上周五的部分失 地。道指涨 1.29%，报 46067.58 点；纳指涨 2.21%，报 22694.608 ...

Core Insights - China Mobile announced an upgrade to its "AI+" action plan and the establishment of the "AI+" ecological alliance, indicating a strategic shift from 5G to AI as a core focus [1][2][3] - The company aims to double its investment in artificial intelligence by the end of 2028, with plans to build the largest and most advanced intelligent computing infrastructure in the country [1][3] - The latest financial report shows a 0.5% decline in revenue for the first half of the year, marking the first revenue drop in six years, raising concerns about the financial implications of high investment in AI [1][4] Investment and Infrastructure - By 2028, China Mobile plans to explore the construction of a 100,000-card intelligent computing cluster and achieve a national intelligent computing power scale exceeding 100 EFLOPS [1][3] - The company is focusing on creating a collaborative ecosystem that enhances the synergy between computing power, models, and data to accelerate AI implementation [2][3] - The "Nine Sky" model is central to the company's strategy, aiming to elevate its position in the AI value chain from merely providing resources to offering capabilities [5][6] Market and Business Strategy - The "AI+" action plan is expected to create a new industrial ecosystem with a market scale in the hundreds of billions [3][10] - China Mobile's strategy includes the development of high-quality data sets across 15 industries and the establishment of a robust AI talent pool [3][7] - The company has created a "1+3+N fleet matrix" to support its AI initiatives, which includes a core infrastructure and specialized teams focused on computing power, model development, and application scenarios [8][9] Financial Considerations - China Mobile's revenue from AI is currently minimal compared to its overall revenue, indicating potential cash flow pressures as the company invests heavily in AI infrastructure [10][11] - The company's capital expenditure plan for 2025 is set at 151.2 billion yuan, with 37.3 billion yuan allocated for computing power investments, representing 25% of total expenditures [10] - The net cash flow from operating activities has significantly decreased, highlighting the financial strain as the company accelerates payments to support its supply chain [11]

Investment Rating - The report maintains a "Buy" rating for major companies in the telecommunications sector, including China Mobile, China Telecom, ZTE, and others [9][10][47]. Core Insights - The China Mobile Global Partner Conference highlighted advancements in AI and quantum communication, with a focus on enhancing computational power and capabilities [2][14]. - China Mobile plans to double its AI investment by the end of 2028 and is exploring the establishment of a large-scale intelligent computing cluster [1][14]. - The report emphasizes the importance of domestic computational power and its supporting industrial chain as a key investment opportunity [1][13]. Summary by Sections Market Overview - The telecommunications index fell by 1.60% last week, while the Shanghai Composite Index rose by 0.37% [1][13]. - The conference showcased significant achievements in AI, satellite internet, and quantum technology, indicating a shift towards high-quality development in the industry [2][14]. Key Companies and Dynamics - Recommended companies include ZTE, China Mobile, China Telecom, and others, focusing on AI computational power and core asset value reassessment [3][10]. - China Mobile's "AI+" action plan aims to enhance AI infrastructure and support data-intensive applications [14][19]. Investment Recommendations - Specific stock recommendations include: - China Telecom (Target Price: 9.11) [10][47] - ZTE (Target Price: 62.76) [10][47] - China Mobile (Target Price: 126.30) [10][47] - Others include Huace Navigation, Hengtong Optic-Electric, and Ruijie Networks, all rated as "Buy" [10][47]. Emerging Technologies - The report highlights advancements in quantum communication and the establishment of a quantum ecological alliance, aiming for practical integration with existing communication networks [19][21]. - The low-altitude economy is also emphasized, with over 500 projects implemented nationwide, showcasing the integration of 5G-A and AI technologies [21][19].

Core Insights - The conference held by China Mobile focused on the theme of "Carbon-Silicon Symbiosis to Co-create the AI+ Era," aiming to build a new order of carbon-silicon coexistence and highlight AI's role in high-quality development [1] - China Mobile is establishing a new information service system centered around "Connection + Computing Power + Capabilities" to support the growth of AI applications [1] - The integration of AI in various sectors, including flexible manufacturing and social governance, showcases the effective collaboration between carbon-based decision-making and silicon-based execution [2] Group 1 - The conference showcased AI-enabled solutions across multiple fields, emphasizing a future where technology is tangible and experiential [1] - China Mobile has developed industry-specific large models based on the Jiutian model foundation, enabling intelligent applications in over twenty key areas [1] - The "Lingxi" AI system provides immersive interactive experiences, demonstrating its capabilities in tasks like schedule management and report generation [1] Group 2 - AI+ flexible manufacturing is transforming the entire process from research and production to supply and sales, effectively responding to diverse production needs [2] - The "Mobile Smart Enterprise" initiative extends AI's benefits to small and medium-sized enterprises, facilitating their intelligent upgrades [2] - Various innovative applications, such as AI in mining safety, smart healthcare, and digital government projects, were presented, highlighting the practical outcomes of carbon-silicon symbiosis [2] Group 3 - The "Lingxi" AI system enhances daily life by providing comprehensive services, including travel planning and work report generation through voice commands [3] - Autonomous robots in a restaurant setting and outdoor robotic performances illustrate the practical applications of AI in everyday scenarios [3] - The introduction of AI voice models for the hearing impaired promotes inclusive communication, showcasing the societal impact of AI technology [3]

Core Viewpoint - The 2025 China Mobile Global Partner Conference, held in Guangzhou, focuses on "Carbon-Silicon Symbiosis and Co-Creation in the AI+ Era," aiming to promote high-quality development through artificial intelligence [2][3][21]. Group 1: Conference Highlights - The conference showcased China Mobile's latest technological innovations and solutions in various fields, including daily life, production, and governance, emphasizing the integration of carbon and silicon technologies [3][4][12]. - Attendees experienced real-time applications of AI, such as the Lingxi Intelligent Body demonstrating capabilities in schedule management and report generation, highlighting the efficient matching of carbon-based needs with silicon-based capabilities [10][11]. - The event featured a dynamic heat map from Wutong Big Data to present real-time visitor flow data, effectively warning of congestion and ensuring visitor safety [12]. Group 2: Key Initiatives - On October 11, during the main forum, China Mobile announced four significant initiatives covering quantum communication, AI development, digital consumption, and international branding [21][22]. - Chairman Yang Jie delivered a keynote speech titled "Carbon-Silicon Symbiosis and Co-Creation in the AI+ Era," stating that artificial intelligence is a key variable influencing future development [22][23]. - China Mobile expressed its commitment to collaborating with global partners to create a community of shared interests, careers, and development, exploring the limitless possibilities of carbon-silicon symbiosis and jointly shaping a vibrant future in the AI+ era [24][25].

Core Insights - China Mobile officially launched the "AI+" action plan and ecosystem alliance, aiming to double its investment in artificial intelligence by the end of 2028, establishing the largest and most advanced intelligent computing infrastructure in the country [1] Investment and Infrastructure - By 2028, China Mobile plans to build a national intelligent computing capacity exceeding 100 EFLOPS and develop a hundred thousand intelligent computing clusters [1] - The initiative will enhance the supply of high-quality data sets across 15 industries, positioning them as the "core resource" for intelligent ecosystem value extraction [1] AI Model Development - The plan aims to elevate the Jiutian large model to an internationally leading level, providing ubiquitous and inclusive "model as a service" [1] - The focus is on creating a "smart engine" that enhances economic and social efficiency through advanced AI capabilities [1] Talent and Collaboration - China Mobile will strengthen the development of high-end and youth AI talent, promoting a safe and controllable development of intelligence in collaboration with various industries [1] Application and Expansion - The company aims to implement over 3,000 AI+DICT projects across more than ten sectors, including new industrialization, government affairs, and agriculture, contributing to the creation of smart city services for hundreds of millions of users [1] - The goal is to accelerate the user base of the Lingxi intelligent agent to over 200 million, establishing a comprehensive intelligent service entry point [1] Global Outreach - The plan includes promoting high-quality AI capabilities abroad, assisting developing countries in sharing technological benefits and bridging the intelligence gap [1]

Core Viewpoint - The article highlights the significance of the Cybersecurity Expo and related events in Kunming, showcasing advancements in digital security technologies and services, particularly by China Mobile, aimed at combating fraud and enhancing digital safety [1][2][3]. Group 1: Event Overview - The Cybersecurity Expo and International Promotion Conference for Cybersecurity Products and Services have made Kunming a focal point for the national cybersecurity industry [1]. - The event features various activities, including a technology summit, attracting significant public interest and participation [1]. Group 2: China Mobile's Innovations - China Mobile's "Xihua Guardian" offers three key functions: identification alerts, family protection, and insurance compensation, which have drawn considerable attention from visitors [1]. - The "Xihua Guardian" service has established a protective network for over 24 million users across the country, combining smart technology prevention with fraud insurance compensation [1]. Group 3: AI and Fraud Prevention - The "Xihua Anti-Fraud Digital Person" utilizes AI to interact with visitors, providing clear explanations of fraud-related processes and features such as one-click reporting and app risk detection [2]. - The AI system can quickly identify fraudulent apps installed on users' devices, enhancing the overall security framework [2]. Group 4: Low-altitude Security Measures - A low-altitude safety monitoring system demonstrated at the expo can autonomously detect and counteract unauthorized drones, showcasing advancements in airspace security [3]. - The "Hubble No. 1" 5G drone communication terminal allows for remote control via 5G networks, presenting new opportunities for emergency response [3]. Group 5: Addressing AI Risks - The industry faces challenges related to AI, including risks from large model dependencies, trust issues from model inaccuracies, and the need for comprehensive security evaluation systems [6]. - China Mobile's self-developed "Jiutian" model addresses these issues by implementing a dual identification mechanism to track AI-generated content and establishing a lifecycle security assessment platform [6]. - The company's AI technology can detect deepfake scams with over 95% accuracy in real-time, being integrated into various services like video calls and messaging [6].