Core Viewpoint - China Tower showcases its role as a key player in digital infrastructure development at the China International Information Communication Exhibition, emphasizing its contributions to national strategies and carbon reduction goals [1] Group 1: Digital Infrastructure Development - Since the 14th Five-Year Plan, China's information and communication industry has built the world's largest and most advanced communication network, achieving over 90% coverage of 5G administrative villages [1] - China Tower has constructed over 5.81 million base station projects, including more than 2.97 million 5G base stations, significantly increasing the availability of shared sites for telecom operators [1] - The sharing level of China Tower has risen from 14.3% to 86%, leading to a reduction in industry investment costs by over 220 billion yuan and operational costs by 195 billion yuan [1] Group 2: Emergency Response Capabilities - China Tower has introduced new disaster-resistant super base stations with capabilities to withstand level 8 earthquakes and level 12 winds, ensuring communication continuity for over 72 hours during extreme disasters [2] - The company has established a comprehensive emergency response system, enhancing capabilities in command and communication support, and has built the largest IoT data sensing network in the country [2] Group 3: Digital Governance and Industry Applications - China Tower is transitioning from "communication towers" to "digital towers," integrating IoT sensors and AI to create a multi-dimensional perception system for various industries [3] - The company has developed 15 specialized industry products and established distributed platforms across 31 provinces, serving over 10,000 application scenarios [3] Group 4: AI and Intelligent Applications - The company has launched the "Artificial Intelligence+" initiative, developing a large-scale model with 180 billion parameters for spatial governance, enhancing capabilities in object detection and reasoning [4] - A general-purpose intelligent system has been introduced, achieving a decision-making time of only 2.6 seconds with 100% accuracy [5] Group 5: Low-altitude Economy Development - China Tower is focusing on the low-altitude economy as a key strategic direction, building a robust infrastructure system and expanding diverse low-altitude applications [6] - The company has implemented pilot projects in several provinces, enhancing management efficiency and operational safety in low-altitude activities [6] Group 6: Energy Solutions - China Tower has become the largest operator of lightweight electric vehicle battery swapping in China, with over 82,000 swapping points across 320 cities, significantly reducing carbon emissions [7] - The company has introduced "zero-carbon base stations" utilizing solar power and energy storage systems, promoting efficient use of clean energy [7]

为持续向投资者普及ETF基础知识，招商证券携手十大基金公司，联合全景网共同举办2025年招商证 券"招财杯"ETF实盘大赛系列直播，旨在帮助投资者提升资产配置与风险管理能力，促进ETF市场的健 康发展。 2025年8月6日，"招财杯"ETF实盘大赛系列直播邀请到了博时基金指数与量化投资部投资经理陈晓志与 博时基金投资者关系部首席培训官洪露娉，一起探讨《世界人工智能大会后，如何布局AI板块？》。 陈晓志表示，此次世界人工智能大会参展企业与人数均超往届，表明AI技术正加速迭代，AI产业迎来 爆发式发展。 当前国际AI竞赛白热化对中国企业是"危中有机"，短期挑战在于供应链安全和人才竞争，需要加速核心 技术突破；长期机遇在于本土场景深度应用与多极化合作，有望培育出全球细分领域的"隐形冠军"。若 能把握国产替代窗口期、深耕垂直行业，科创板企业具备广阔的成长空间，甚至可能在国际规则博弈中 开辟新路径。 投资者看好科创人工智能机会，可采用"核心-卫星"资产配置框架，锚定指数跟踪。"上证科创板人工智 能指数"具备成长性逻辑更强，研发投入力度更大，弹性更大，调整也更加及时，聚焦于高新技术和战 略新兴产业。 01 世界人工智能大 ...

Group 1 - The 2025 World Mobile Communication Conference is currently being held in Shanghai, showcasing advanced technologies from China Tower that have attracted attention from both domestic and international peers [1] - China Tower demonstrated various industry application cases based on its extensive tower resources and AI algorithms, including solutions for agricultural burning, water and forest protection, and cultural heritage preservation [3] - The "Iron Tower Vision Link Platform" significantly improves the efficiency of handling straw burning alerts, reducing the average response time from detection to resolution to 20 minutes [3] Group 2 - China Tower has introduced innovative technologies aimed at high-quality network construction, including a new type of 13/8" leaky cable that supports the 3.5GHz frequency band, addressing high costs and low sharing efficiency in high-speed rail tunnel coverage [3] - The company has developed a spatial governance industry model called "Jingwei Model," which includes a visual model with 18 billion parameters and a multi-modal model with 200 billion parameters, enhancing detection accuracy and recall rates [3] - As of March 2025, China Tower has completed over 5.6 million base station construction projects, with a total coverage of over 66,000 kilometers for high-speed rail and subway public networks [4]

Core Viewpoint - The article highlights the significant advancements and contributions of China Tower Corporation in the construction and sharing of telecommunications infrastructure, particularly in the context of 5G and digital transformation initiatives in China [1][2][3][4][5][6][7][8]. Group 1: Infrastructure Development - The Jidayan High-Speed Railway in Shanxi Province is set to commence operations on December 31, 2024, with China Tower integrating 4G and 5G network construction into a shared plan, achieving full signal coverage across 426 base stations and 18.49 kilometers of tunnels in just four months [1]. - Since its establishment in 2014, China Tower has led a "sharing revolution" in the telecommunications industry, significantly reducing redundant base station construction and achieving a 50% cost saving in projects like the Dalian Metro communication network [2]. - By the end of last year, China Tower had constructed over 2.76 million 5G base stations, covering an area of over 12.6 billion square meters and extending coverage to over 44,000 kilometers of high-speed and subway lines [3]. Group 2: Resource Sharing and Cost Efficiency - Over 95% of 5G construction projects have utilized existing resources such as communication towers and streetlight poles, leading to a substantial reduction in construction costs and time [3]. - The new tower sharing rate increased from 14.3% to 85%, equating to the avoidance of building 1.2 million new towers, saving 68,000 acres of land and over 210 billion yuan in industry investments [3]. Group 3: Digital Transformation and Smart Solutions - China Tower is transitioning from traditional communication towers to "digital towers" by integrating advanced technologies such as AI and big data, enhancing capabilities in various sectors including environmental monitoring [4][6]. - The company has upgraded 230,000 communication towers to digital towers, contributing to the construction of a digital China [4]. Group 4: Social Responsibility and Community Impact - China Tower has invested 8.5 billion yuan in universal telecommunications services, building over 70,000 base stations to ensure 100% network coverage in administrative villages [7]. - The company has deployed over 76,000 battery swap stations across more than 320 cities, providing over 2 million battery swaps daily, significantly reducing carbon emissions by 3.3 million tons [7]. Group 5: Future Commitments - China Tower aims to continue its mission of building a strong digital infrastructure to support the digital economy and enhance public welfare through ongoing resource sharing and technological innovation [8].