On December 27, Gelonghui reported that China Merchants issued a report stating that ZTE has deep cooperation with CHINA TELECOM, officially releasing the Nubia Z70 Ultra Smart Phone, which is equipped with the cloud-edge integrated CHINA TELECOM Star AI large model that features a hundred billion-level cloud-side large model and a three billion edge-side large model. The report explained that the large model empowers ZTE's Smart Phone Business, creating personalized AI products and services. China Merchants indicated that in response to ZTE's growth potential and strategic positioning, the 'Strong Buy' rating is maintained. The group focuses on smart computing as a long-term strategic priority, providing comprehensive architecture and all-scenario smart computing solutions, creating an open, inclusive, and prosperous smart computing ecosystem.