In Huatai Securities' forward-looking research report for the third quarter of the communications industry, it is noted that the AI computing power chain will keep delivering robust performance, and operators are anticipated to sustain steady growth. The report, which takes 38 A-share and H-share companies in the communications sector as its sample, forecasts a 15% year-on-year increase in the net profit attributable to the parent company for the communications sector in Q3 2025. Excluding the three major operators and ZTE from the calculation, the net profit attributable to the parent company for the remaining segment of the sector is projected to rise by 73% year-on-year. Within the sub-sectors, telecom operators are expected to see steady profit growth. Spurred by strong demand in both domestic and international markets, the optical communications sector is poised to continue its outstanding performance, with the industry's prosperity set to expand further. The IDC industry is anticipated to reach an inflection point, benefiting from the rising demand for intelligent computing centers at home and abroad. The copper connectivity sector is expected to gradually realize its performance potential as production capacity is released. Lastly, the fiber optic cable industry is projected to gradually recover in terms of overall prosperity.