The number of 5G users pre-ordered by the three major operators exceeds 9 million, and the countdown to commercial launch has begun

China Energy Storage Network: Following China Mobile's launch of 5G reservations, China Unicom and China Telecom also launched 5G online reservations. During this National Day holiday, the number of reservations continued to rise.

Data shows that as of 17:00 on October 7, the number of China Mobile's 5G pre-booked users has exceeded 5.6 million, the number of China Unicom's 5G pre-booked users is about 1.78 million, and the number of China Telecom's 5G pre-booked users exceeds 1.91 million. The total number of pre-booked users exceeds 9.29 million, approaching the 10 million mark.

The three major operators have offered different levels of discounts for 5G packages.

For example, China Unicom's 5G package reservation page shows that after making a reservation, you can enjoy a discount on the 5G package for 6 consecutive months starting from the next month after ordering China Unicom's nationwide unified 5G package. Users with a network age of 3 years or more can enjoy a 30% discount, and users with a network age of less than 3 years and new users can enjoy a 20% discount.

China Mobile's event page shows that if customers order China Mobile's unified package for the entire network within three months from the date of receiving the 5G package discount, they can enjoy a package discount for six consecutive months after ordering. The longer the network age, the more discounts there are. A network age of 5 years or more enjoys a 30% discount, and a network age of less than 5 years enjoys a 20% discount.

According to a research report released by CITIC Securities, China's 5G is expected to be commercialized on a small scale from the third quarter of 2019, and commercialized on a large scale in 2020. Some commercial cities in 2019 may include more than 50 cities such as Beijing, Shanghai, Shenzhen, Guangzhou, Hangzhou, and Xiong'an. It is estimated that China will build 680,000 new 5G base stations in 2020, covering all prefecture-level cities. 5G commercial use will shorten the replacement cycle. "2019 will be the first year of 5G mobile phone innovation, and the innovation of '5G+AI+folding screen' will ignite a new round of demand for replacement. Since 2019 is in the pre-commercial stage of 5G, technology and services are still in the exploratory stage, so the shipment of 5G mobile phones is limited. It is expected that a new round of replacement will start from 2020 to 2023."

It is worth mentioning that in addition to Apple, many mobile phone manufacturers have released 5G mobile phones. At present, Xiaomi 9 Pro 5G is already on sale online. Xiaomi Mall shows that Xiaomi 9 Pro 5G will go on sale again at 10 am on October 8.

The reporter of Securities Daily learned during the visit that the Huawei Mate 30 5G version has not yet been officially released. "The price is about 1,000 yuan more expensive than the current Mate 20 X 5G." A salesperson at a Huawei dealership told the reporter that the Mate 20 X 5G phone is in stock, and the specific launch time of the Mate 30 5G phone has not yet been notified.

Consumers who are interested in purchasing 5G mobile phones told reporters that they hope to wait until Huawei's new 5G mobile phones are on the market before making a decision.

As 5G commercialization draws closer, the performance and stock price of related concept stocks have attracted market attention.

According to data from Tonghuashun, as of October 7, 22 5G concept stocks released their performance forecasts for the first three quarters of 2019. Among them, 10 listed companies have expected good performance, including Wingtech Technology, Wuhan Fangu, ZTE, Eastcom, Shanghai Electric, and Yitong Century, which are expected to double their net profits. Yueling Co., Ltd., Luxshare Precision, Dongshan Precision, and Ziguang Guowei expect their net profits to increase by more than 30%.

In addition, companies such as Zhongli Group, Shenzhou Taiyue, Guanghua Technology, Chunxing Precision, Gaussbell, and Hongbo Co., Ltd. expect their performance to decline to varying degrees from January to September.

It is worth mentioning that while the performance of 5G concept stocks is differentiated, their stock prices also have different performances.

According to data from Tonghuashun, among the 5G concept sector, 18 listed companies have seen their share prices rise by more than 100% this year, including Wuhan Fangu, Shanghai Electric, and Wingtech Technology, which have seen their share prices rise by more than 200% this year. Meanwhile, the share prices of companies such as *ST Xinwei, Zhengye Technology, and *ST Xinhai have fallen by more than 50% this year.