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Today, the A-share market fluctuated and rebounded, and the GEM index led the gains. The big consumer sector has once again raised the daily limit, and more than 50 stocks in the retail, food, home and other directions have gained daily limit. There are also big financial, real estate, medicine and other sectors that are among the top gainers, while robots, reducers, PEEK materials, industrial machine tools and other sectors are among the top losers.Today, the China 5G Development Conference opened in Shanghai. According to the report of Global System for Mobile Communications, the mobile ecosystem represented by 5G in China created about 8 million jobs in 2023. According to the calculation of China Information and Communication Research Institute, 5G commercialization has directly driven the total economic output of about 5.6 trillion yuan and indirectly driven about 14 trillion yuan in the past five years.Luxshare is a manufacturer of RF components. The multiple RF modules launched on the 5G base station can support higher working frequency and wider spectrum range. The RF module applied to 5G mobile phones can provide faster data transmission speed and more stable signal strength. At present, the company has released the annual performance forecast for 2024, with a slight increase in performance. The predicted net profit is about 13.143 billion yuan to 13.691 billion yuan, which is about 20% to 25% higher than the same period last year.

The total economic output effect is obvious.Today, the A-share market fluctuated and rebounded, and the GEM index led the gains. The big consumer sector has once again raised the daily limit, and more than 50 stocks in the retail, food, home and other directions have gained daily limit. There are also big financial, real estate, medicine and other sectors that are among the top gainers, while robots, reducers, PEEK materials, industrial machine tools and other sectors are among the top losers.Zhang Yunming, member of the Party Group and Vice Minister of the Ministry of Industry and Information Technology, said that by the end of October 2024, the total number of 5G base stations in China had reached 4.141 million, and the number of 5G base stations per 10,000 people had reached 29, fulfilling the "14 th Five-Year Plan" development goal ahead of schedule.

The total economic output effect is obvious.Luxshare is a manufacturer of RF components. The multiple RF modules launched on the 5G base station can support higher working frequency and wider spectrum range. The RF module applied to 5G mobile phones can provide faster data transmission speed and more stable signal strength. At present, the company has released the annual performance forecast for 2024, with a slight increase in performance. The predicted net profit is about 13.143 billion yuan to 13.691 billion yuan, which is about 20% to 25% higher than the same period last year.Zhang Yunming, member of the Party Group and Vice Minister of the Ministry of Industry and Information Technology, said that by the end of October 2024, the total number of 5G base stations in China had reached 4.141 million, and the number of 5G base stations per 10,000 people had reached 29, fulfilling the "14 th Five-Year Plan" development goal ahead of schedule.