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FOCUS PLUG AND INNOVATE

CONNECTIVITY AND COMMUNICATIONS

Providing high-speed ubiquitous basic connectivity products, cloud-network integrated premium network services, global intelligent network services as well as platform- and scenario-based intelligent connectivity services

  • No. of mid-band 5G base stations: >1.21 million
  • Broadband network: maintained industry edge in Northern China, while foundational capabilities in Southern China were markedly boosted
  • Government and enterprise network: Unicom Cloud resources covered >230 cities
  • International network: 660,000 kilometers of international submarine cables

MARKET CONVERGENCE

Leveraging the advantages of “integrated capabilities and operating services” to tap into both consumer and government-enterprise markets

  • Mobile subscribers increased by 10.60 million, reaching 333 million
  • Broadband subscribers increased by 9.79 million, reaching 113 million
  • Serving >1,000 medical clouds and >800 smart city districts and counties
  • No. of 5G virtual private network service customers: 8,563 (up by 125% year-on-year)

COMPUTING AND DIGITAL SMART APPLICATIONS

Deeply integrating digital technologies to provide information services such as computing, data, application, security, etc.

  • Unicom Cloud revenue increased by 41.6% year-on-year, reaching RMB 51 billion
  • Data services revenue growth: 32%
  • 30,000 5G industry application projects covering 71 major categories of the national economy
  • Cybersecurity revenue growth: 120%

CAPABILITY FUSION

Using digital technologies to transform and upgrade traditional industries to empower cost reduction and efficiency enhancement

  • No. of patents granted reached 2,287 (up by 37% year-on-year)
  • Technological innovation personnel ratio: 40%
  • Accelerated the deployment in the nascent AI industry, and launched the “Yuanjing” LLM system
  • Digital Village platform covered >250,000 administrative villages

CORPORATE GOVERNANCE

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The Board believes that a healthy corporate culture is the core of good corporate governance. China Unicom persistently enhances the development of corporate culture, and insists on strengthen and solidify, preserve and innovate, and integrate and open, deeply implements the strategies to build a strong enterprise, i.e. via technology, talent, reform, digital and smart transformation, and brand, in order to accelerate becoming a world-class technology service enterprise with global competitiveness.

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CHAIRMAN’S STATEMENT

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Dear Shareholders,

2023 was a year for China Unicom to achieve significant results in high-quality development. In the past year, the Company steadily promoted the implementation of its strategic system, actively coordinated the current operation and long-term development, and focused on both scale growth and value enhancement.

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SUSTAINABILITY

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2023 was a critical year for the Company to implement the 14th Five-Year Plan. China Unicom has established itself through the “Internet”, grown through “Connectivity”, and become stronger through “Convergence”.

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FINANCIAL OVERVIEW

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In 2023, the Company fully implemented the new development philosophies, fully assumed the two main responsibilities of building a Cyber Superpower and Digital China, and focused on the two main businesses of Connectivity and Communications and Computing and Digital Smart Applications, total revenue was RMB372.60 billion in 2023, up by 5.0% year-on-year. Service revenue reached RMB335.17 billion, up by 5.0% year-on-year. The profit attributable to equity shareholders of the Company was RMB18.73 billion, up by 11.8% year-on-year.

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