China Telecom announced that its holding subsidiary, QuantumCTek Co., Ltd., plans to jointly establish the 'China Telecom Quantum Industry Venture Capital Fund (Limited Partnership)' in collaboration with related parties such as China Telecom Quantum (Beijing) Enterprise Management Partnership (Limited Partnership) and China Telecom Group Investment Co., Ltd. Both China Telecom Quantum Enterprise Management and Telecom Investment are subsidiaries under China Telecom Group. The fund will primarily invest in startups and growth-stage companies in the fields of quantum information technology within China, engaging in venture capital and equity investments, while also seeking other investment opportunities that align with the fund's interests. In principle, the majority of the fund's capital will be allocated to venture capital projects in the fields of quantum information technology.