FAQs

In the first quarter of 2026, China Unicom firmly adhered to the keynote of "Preserve and Innovate, Steady and Far-reaching", focused on the four core arenas of "Connectivity", "Computing Power", "Service", and "Security", seized strategic opportunities, and made new achievements in high-quality development. The Company's operating revenue was RMB 102.8 billion, representing a year-on-year decrease of 0.5%. Profit before income tax was RMB 6.1 billion, and profit attributable to equity shareholders of the Company was RMB 4.9 billion, representing a year-on-year decrease of 17.6%.

The Company adhered to "Connectivity" to solidify the "stabiliser" for business development. Its subscriber scale grew steadily, with the net addition of mobile and broadband subscribers exceeding 3.58 million. It achieved significant results in value retention, with the integrated subscriber ARPU remaining at above RMB 100. Connectivity scenarios were expanded and upgraded, with the number of IoT connections exceeding 750 million, representing a net increase of 32.03 million.

The Company strengthened "Computing Power" to drive the "booster" for revenue growth. Revenue from the computing power business was RMB 15.4 billion, up by 8.3% year-on-year. Within that, data centre revenue increased by 11.7% year-on-year. Unicom Cloud served nearly 440,000 major government and enterprise customers. The Company facilitated the upgrade of digital consumption, and the number of paying users for Cloud-AI products exceeded 110 million, representing a net increase of 5.49 million.

The Company optimised "Service" to create an "accelerator" for revenue growth. It accelerated the large-scale application of 5G. It has cumulatively developed over 53,000 5G commercial projects and established more than 9,800 5G factories. It accelerated international market expansion, with international business revenue increasing by 14.9% year-on-year. It upgraded the customer service AI agent, with the smart customer service ratio reaching 85.6%, and the satisfaction rate of customer issue resolution increasing to 96.5%.

The Company ensured "Security" to build a solid "escort" for steady and sustainable development. It activated its product momentum with unique products such as secure leased lines, Unicom Shield, and the Mogong security operations service platform achieving scale development. These products served a total of over 460,000 government and enterprise customers. It nurtured a flourishing industry ecosystem, with over 240 security products listed on the "Security Hub", its cybersecurity industry chain market platform. It fostered the security business as a growth driver, with such revenue increasing by 14.2% year-on-year.

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.