记者丨 张旭 编辑丨包芳鸣 "截至2025年底，中央企业资产总额突破95万亿元，2025年实现利润总额2.5万亿元，完成固定 资产投资5.1万亿元，上交税费2.5万亿元，有效带动产业链上下游企业融通发展，为我国顺利 完成经济社会发展主要目标任务提供了有力支撑。"这是国务院国资委副主任庞骁刚在1月28日 的国新办新闻发布会上亮出的成绩单。 在科技创新方面，2025年，中央企业研发投入1.1万亿元、连续四年超过万亿元，新增22位两 院院士、创历史最好水平。在产业焕新方面，2025年，中央企业完成战略性新兴产业投资2.5 万亿元、占总投资的41.8%。 除了一组组数据，央企的重组整合、"AI+"与布局新兴产业、推动"十五五"时期高质量发展等 也成为本次发布会的关键词。 庞骁刚透露，在建设现代化产业体系方面，主要目标是打造一批新兴支柱产业，通过打造市场 化专业化国有资本运作平台，强化新能源、新能源汽车、新材料、航空航天、低空经济、量子 科技、6G等领域布局，超前谋划具身智能、生物制造、海洋能、绿色船舶等新赛道，建设一 批具有全球竞争力的产业集群，更好发挥中央企业在建设现代化产业体系、构建新发展格局中 的科技创新、产业 ...

21世纪经济报道记者张旭 北京报道 "截至2025年底，中央企业资产总额突破95万亿元，2025年实现利润总额2.5万亿元，完成固定资产投资5.1万亿元，上交税费2.5万亿元，有效 带动产业链上下游企业融通发展，为我国顺利完成经济社会发展主要目标任务提供了有力支撑。"这是国务院国资委副主任庞骁刚在1月28日的 国新办新闻发布会上亮出的成绩单。 在科技创新方面，2025年，中央企业研发投入1.1万亿元、连续四年超过万亿元，新增22位两院院士、创历史最好水平。在产业焕新方面， 2025年，中央企业完成战略性新兴产业投资2.5万亿元、占总投资的41.8%。 除了一组组数据，央企的重组整合、"AI+"与布局新兴产业、推动"十五五"时期高质量发展等也成为本次发布会的关键词。 庞骁刚透露，在建设现代化产业体系方面，主要目标是打造一批新兴支柱产业，通过打造市场化专业化国有资本运作平台，强化新能源、新能 源汽车、新材料、航空航天、低空经济、量子科技、6G等领域布局，超前谋划具身智能、生物制造、海洋能、绿色船舶等新赛道，建设一批 具有全球竞争力的产业集群，更好发挥中央企业在建设现代化产业体系、构建新发展格局中的科技创新、产业控 ...

Core Viewpoint - The company plans to raise up to 662 million yuan through a targeted stock issuance, focusing on the development of OSS product platforms and intelligent network applications, aiming to strengthen its core business competitiveness and explore new growth opportunities in line with the digital transformation trend in the telecommunications industry [1]. Fundraising Details - The total investment amount for the projects is 6.813756 billion yuan, with the raised funds allocated as follows: 2.73 billion yuan for OSS product R&D and intelligent network applications, 1.6 billion yuan for intelligent scheduling management systems, 740 million yuan for next-generation digital home software-defined terminals, 1.21 billion yuan for the Shanghai R&D office center, and 340 million yuan for working capital [3][4]. - The issuance will target no more than 35 qualified investors, with a maximum of 31.2 million shares to be issued, accounting for 30% of the company's total share capital before issuance [3]. Project Allocation - 2.73 billion yuan will enhance 15 existing OSS products to improve automation and intelligence in network operations [4]. - 1.6 billion yuan will develop nine product modules, including a computing controller, to support the "East Data West Computing" strategy [4]. - 740 million yuan will introduce SDN technology for home gateway management, aiding telecom operators in upgrading their digital home services [4]. - 1.21 billion yuan will be used for the construction of the Shanghai R&D office center to improve the working environment and attract talent [4]. - 340 million yuan will optimize the capital structure and support business expansion [4]. Company Position - As a core supplier in the OSS field for telecom operators, the company has a strong foothold in the ICT management sector, serving major operators like China Mobile and China Telecom, with software development and technical services accounting for over 95% of revenue from January to September 2025 [4].

Core Insights - The rapid expansion of AI computing power in China is highlighted, with the current capacity reaching 3000P for training and 1000P for inference, and over 250 innovative solutions developed across various sectors [1] - The integration of computing power and network technology, referred to as "算网融合" (computing-network integration), is identified as a critical path for addressing the growing demand for AI computing resources and enhancing computational efficiency [3][6] - The Chinese intelligent computing power market is projected to grow significantly, with estimates indicating a market size of $25.9 billion by 2025, reflecting a 36.2% increase from 2024 [2] Industry Growth and Trends - The intelligent computing power scale in China is expected to reach 1037.3 EFLOPS by 2025, representing a 43% increase from 2024, and is projected to double by 2026 [2] - The compound annual growth rate (CAGR) for China's intelligent computing scale from 2023 to 2028 is forecasted at 46.2%, indicating a strong trend towards large and super-large intelligent computing centers [2] - The demand for AI models is driving a significant increase in computing power requirements, with current needs exceeding hardware supply by over 200 times [3] Technological Developments - Companies are focusing on transforming data centers into intelligent computing centers, emphasizing the need for efficient, green, and high-performance solutions [4][5] - Huawei is leveraging advanced technologies such as zero-loss networking and intelligent computing network scheduling to enhance computing resource utilization from 40% to 75% [5] - The integration of distributed computing architecture, low-latency networks, and virtualization technologies is essential for achieving high-quality development in computing power [6] Market Dynamics - The competition among enterprises for intelligent computing resources is intensifying, with a focus on optimizing computing infrastructure and enhancing service capabilities [5] - The shift from hardware-centric approaches to efficiency-driven models in AI computing is becoming evident, necessitating a demand-oriented and benefit-oriented approach in intelligent computing center construction [6]

中国移动日前宣布建成全国首个覆盖"通、智、超、量"（通算、智算、超算、量子计算）四算融合的算 力网络，算力服务器规模超100万台，智算规模超43EFLOPS（每秒百亿亿次浮点运算），并网21家智 算中心、3家国家级超算中心、3家量算中心，可调度算力资源占全国六分之一。 专家认为，以数智化为主要特征的新一轮科技革命和产业变革深入发展，数据成为新生产要素，算力成 为新基础设施和基础能源，人工智能成为新生产工具，推动经济社会从"互联网+""5G+"向"人工智能 +"加速转变，对算网基础设施演进提出新要求，也带来新机遇。 算力规模不断扩大 作为人工智能发展的基石，算力已成为重要的基础设施之一，算力需求呈爆发式增长。数据显示，截至 2024年底，我国算力总规模达280EFLOPS，其中智能算力规模达90EFLOPS，占比超过30%。同时，算 力基础设施发展成效显著，梯次优化的算力供给体系初步构建，算力基础设施综合能力明显提升，算力 产业不断创新发展，持续赋能千行百业。 国际数据公司（IDC）与浪潮信息联合发布的《2025年中国人工智能计算力发展评估报告》显示， DeepSeek带来的算法效率提升并未抑制算力需求，反而因 ...