FAQs

In the first half of 2026, China Unicom has faced new opportunities and challenges, and adhered to “Preserve and Innovate, Steady and Far-reaching”, focusing on the four major arenas of “connectivity”, “computing power”, “service”, and “security”. The Company strived to promote high-quality development, leading to more solid operational foundation, stronger growth momentum, enhanced reform vitality and improving quality and efficiency. The Company's operating revenue was RMB 201.4 billion, representing a year-on-year increase of 0.6%. Profit attributable to equity shareholders of the Company was RMB 9.5 billion. Cash flow was healthy and improving, with net operating cash reaching RMB32.9 billion, representing a year-on-year increase of 13.6%, setting a new record in recent years. The growth rate of accounts receivable slowed significantly compared to the same period last year.

China Unicom promoted institutional reform across the entire group, adhering to the principle of “One China Unicom” and “lean management and strong operations”. The Company focused on product innovation and brand building, aimed to resolve customers’ full-scenario and full-chain problems, regarded computing-network development as a key to technological innovation, strengthened the commercialisation and application of innovation achievements, and emphasised on ecological cooperation and capital empowerment, building an organisational system with more scientific institutional settings, optimised functional responsibilities, enhanced systems and mechanisms, and more efficient operational management. Following this reform, the number of management departments at the headquarters has been reduced by nearly 40%, conducive to clearing bottlenecks, streamlining hierarchies, improving efficiency, and further unleashing development vitality.

Broader and denser connectivity. The Company regarded connectivity as its greatest asset, and expanded its scale, enriched its variety and enhanced its value, with the total connectivity scale exceeding 1.3 billion. Connectivity value has stabilised and improved, with the value of new subscribers higher than that of existing subscribers. The integrated subscriber penetration exceeded 78% and integrated package ARPU remained above RMB100.

Faster and more precise computing power. The Company regarded computing power as an innovation engine, and strengthened deployment for “Eastern Data, Western Computing”, deepened the integration of computing power and green electricity, constructed 10,000-chip intelligent computing centres, and integrated into the national integrated computing power network, seizing new opportunities in the industry with new technological capabilities. The Company’s intelligent computing power scale exceeded 45 EFLOPS. Currently, over 1.15 million standard cabinets have been deployed across the entire network, and the utilisation rate exceeded 74%. The Company innovated on token operations, established token pricing rules that are compatible with different models, manage data elements, and integrate connectivity and security capabilities. The Company enhanced the full-process operational model for token creation, transmission, cleansing, storage and application. Computing power revenue reached RMB41.9 billion, representing a year-on-year increase of 13%. Within this, IDC revenue increased by 11% year-on-year, and computing service revenue increased by 9% year-on-year.

More tailored and refined service. The Company treated service as key to reaching customers and enhancing reputation, and refined it to specific scenarios. The Company leveraged digital intelligent capabilities to create high-quality services. The Company promoted intelligent and user-friendly services, with a smart customer service ratio of over 85%. With its core physical stores, the Company has built a dense network of convenient offline channels, along with over 100,000 partner merchants, helping to create a 15-minute convenient living circle. Integrating with new industrialisation, the Company served over 10,000 5G factories. The Gewu Platform managed more than 14 million devices and developed 75 industrial LLMs. Over 150 industry-specific AI agents have been launched, assisting in cost savings, efficiency and quality enhancement as well as carbon reduction. The Company strengthened Internet of Vehicles operating capabilities, serving over 100 million vehicles. Internationalisation fully accelerated and became a new growth driver. International business revenue reached RMB7.7 billion, representing a year-on-year increase of 14%.

Stronger and more robust security. The Company demonstrated its mission, responsibility, and SOE image through security, persuading customers to turn to China Unicom whenever they want security. The Company’s technical capabilities steadily strengthened. The “Mogong” platform was upgraded from single tool deployment to complete intelligent operation. Over 100 security AI agents were launched, driving security protection towards a new stage of AI autonomous defence. The Company sped up its expansion in the security market, and signature products such as Unicom Shield and Secure Leased Line saw fast growth in scale, cumulatively serving 470,000 customers, representing a growth of nearly 30%. Supply in the ecosystem continued to accelerate. Over 250 products have been listed on Security Hub, the nation’s first market platform for the security supply chain, representing a growth of over 25%, accelerating coverage across seven major product categories, leading to marked enhancement in support capabilities for the supply chain.

The Company attaches great importance to shareholder returns. While achieving steady growth in operating results, the Company is committed to sharing the fruits of development with shareholders. The Board of Directors proposed a final dividend of RMB0.1329 per share (pre-tax). Together with the interim dividend of RMB0.2841 per share (pre-tax) already paid, the total dividend for 2025 will be RMB0.417 per share (pre-tax), representing a year-on-year increase of 3.1%, with the dividend payout ratio increasing to 61.3%.

The objective of the dividend policy of the Company is to achieve a long-term, sustainable and steadily increasing dividend, with a view to maximising the shareholders’ value. The declaration and payment of future dividends will depend upon, among other things, financial condition, business prospects, future earnings, cash flow, liquidity level and cost of capital. The Company believes such policy will provide the shareholders with a stable return in the long term along with the growth of the Company. Pursuant to the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and the Company’s articles of association, the Company may only pay dividends out of profits available for distribution.