TETEWe strengthened the integra on of mobile/broadband, data/AI, as well as digital/real economies to enhance our differentiated compete advantages and promote sustainable business development
We deeply promoted network innovation, technology innovation and service innovation to lead the development of new quality productivity, building the second growth driver of our business
Operational quality continued to be enhanced, leading to new breakthroughs in high-quality development
* Net profit refers to the profit attributable to equity shareholders of the Company
We highly value shareholder return. In 2024, our dividend payout ratio increased by 5pp to 60%, and dividend per share (DPS) increased by 20%. We are committed to sharing the fruits of development with shareholders
The Board believes that a healthy corporate culture is the core of good corporate governance. China Unicom persistently enhances the development of corporate culture. The Company bravely undertakes the mission and tasks of the new journey of the new era and is committed to the development of the network and information industry.
Read MoreDear Shareholders,
In 2024, China Unicom focused on the two main businesses, namely Connectivity and Communications (CC) and Computing and Digital Smart Applications (CDSA), with the aim of advancing network innovation, technology innovation and service innovation, and achieving new breakthroughs in high-quality development.
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Focusing on network innovation, solidifying the digital foundation of the economy and society. China Unicom resolutely shouldered the mission and responsibility of building Cyber Superpower and Digital China, accelerated the construction of intelligent and comprehensive digital information infrastructure, and built a robust information channel for economic and social development.
Read MoreIn 2024, the Company adhered to the general principal of making progress while maintaining stability, its production and operation overall demonstrated a favorable and high-quality development trend coupled with optimized structure, improved quality and enhanced momentum. Total revenue was RMB389.59 billion in 2024, up by 4.6% year-on-year. Service revenue reached RMB345.98 billion, up by 3.2% year-on-year. The profit attributable to equity shareholders of the Company was RMB20.61 billion, up by 10.1% year-on-year.