基于规模的价值经营持续深化 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 中国移动董事长杨杰表示，2025年上半年，面对错综复杂的外部环境和诸多压力挑战，中国移动凝心聚力、攻坚克难，牢牢把握数智化转型重要机遇，紧扣"一二二五"战略实施思路，全面推进 8月7日，中国移动公布2025年中期业绩：营运收入达5438亿元，其中通信服务收入为4670亿元，同比增长0.7%。总连接数达到38.15亿，净增1.45亿。CHBN中，HBN收入占通信服务收入比 | (亿元人民币) | 1H2024 | 1H2025 | 同比变化 | | --- | --- | --- | --- | | 营运收入 | 5,467.44 | 5,437.69 | -0.5% | | 其中:通信服务收入 | 4,635.89 | 4,669.89 | 0.7% | | EBITDA | 1,822.70 | 1,859.58 | 2.0% | | EBITDA率 | 33.3% | 34.2% | 0.9pp | | 净利润 | 802.01 | 842.35 | 5.0% | | 路积润率 | 14.7% | 15. ...

Core Insights - China Mobile is advancing the integration of digital intelligence and industrialization, focusing on AI-driven innovations to support industrial upgrades and contribute to new industrial development [1][18] - The company showcased its "Nine Sky" foundational model V3.0 at the 2025 World Artificial Intelligence Conference, highlighting its capabilities in language, vision, and voice understanding, which are among the industry's top tier [1][2] Digital Intelligence in Life - The "Nine Sky" model serves as an accelerator for industrial intelligence transformation, offering functionalities for model development, intelligent application creation, and resource integration [2] - China Mobile's AI-enabled devices, such as smart cars and AI smartphones, are designed to enhance personal life experiences, promoting the vision of "AI for Life" [4][5] Digital Intelligence in Governance - The company is redefining modern governance efficiency through technological innovation, exemplified by AI-driven risk identification and cross-departmental collaboration in local governance [8][9] - AI applications in public safety, such as traffic monitoring and drowning prevention, are effectively reducing accident rates and enhancing community safety [9][11] Digital Intelligence in Production - China Mobile is facilitating new industrialization by implementing AI in various production processes, leading to improved data management and product quality [12][14] - The use of AI in quality inspection and safety monitoring has shown significant efficiency gains, such as a 70% improvement in response times and a 50% reduction in safety management personnel [14][16] Digital Intelligence in Research - The company is pioneering the "AI for Science" paradigm, enhancing research efficiency through AI-assisted experimental processes [16] - China Mobile's quantum computing initiatives, including the Five Mountains Era Quantum Cloud Platform, are positioned as leading innovations in the field [16][18]