China Unicom (Hong Kong) Limited

Ladies and gentlemen, And also our friends from Beijing who are joining online. Good afternoon. I'm Meng Shusheng. I'm delighted to gather here with you again so that we can have face-to-face interactions. I'm also very grateful for your long-term support and concern towards China Unicom. On behalf of the management of the company, I would like to welcome all of you to 2022 resource announcement by China Unicom. Today we have Hong Kong, Beijing on-site plus online mixed model. Our friends from the press can participate from Beijing. The whole session will take about 16 minutes. First of all, I would like to invite our chairman to deliver his speech and then we will have interactions. from inputs in Hong Kong and Beijing. Executive Director and President Mr. Chen Zhongyue Executive Director and President Mr. Wang Junzhi Senior Vice President Mr. Liang Baojun Senior Vice President Mr. He Biao, Executive Director and CFO Madam Li Yuzhuo. Next, Mr. Liu Lihong, our chairman, will present the performance of the company in 2022. Ladies and gentlemen, friends online, good afternoon, everyone. First of all, it gives me great pleasure to return to Hong Kong after a lapse of three years to hold the press conference and have face-to-face communication on behalf of China Unicom. I would like to extend a warm welcome to all investors, analysts, and friends from the media attending today's press conference. I would like to extend my heartfelt thanks and greetings to friends from all walks of life who have always cared about us and supported the development of our company. Today is also the International Women's Day. I would like to take this opportunity to extend my congratulations to all the ladies here. The year 2022 was the first year of China Unicom to anchor its new positioning and implement new strategies. It's also a transformation year for the company to fully enter a new blue ocean of digital economy. Over the past year, guided by strategy of strengthening foundation, maintaining integrity, innovation, integration, and opening up and taking the mission of national team, main force, and Thank you very much. Thank you very much. Thank you very much. Thank you very much. since we went public. Our development model has been transformed and upgraded. Today's China Unicom is accelerating its transformation from a traditional pipeline operator to a digital technology leader. It has four distinctive features. First, it extends from connecting people to connecting man-machine objects and accelerates the development of the Internet of Things and industrial Internet. Second, it gives priority to the connection business and expands to five major business of big connection, big computing, big data, big application, and big security to further enhance core functions. Third, surface sector has expanded from 2C to 2H. Thank you very much. In the past year, we continued to practice for our basic skills adhered to principle of strengthening the foundation of the internet and strengthening the foundation of services and consolidated and tamped down the foundation for our long-term development. We've built a solid digital foundation and make sure we're the first mover. The network is our capital and foundation. Thank you very much. Thank you very much. Intermediate frequency base stations and 170,900 MHz base stations were added. The scale and coverage of 5G intermediate frequency are comparable to that of the industry. We now have 1.17 million 5G base stations accounting for about 30% of the world's total. Thank you very much. In terms of government enterprise premium network, it covers nearly 150,000 commercial buildings in 307 cities across the country, attracting more than 50,000 industry users to settle in, constantly consolidating the industry leading dedicated line brand and increasing revenue of dedicated lines. In terms of computing power premium network, our strategy of number in the east and number in the west has been actively implemented. IDC Resource Supply Capacity in Hotspots has been effectively enhanced. Coverage rate of one city and one pool of Unicom Cloud has increased by 300%. To 170 cities, an investment... Incubating power reached 12.4 billion. From feedback of our customers, we can see more and more people liking our network quality and reputation, an image of a company with significantly improvement in our network quality and getting popular support. We have used 5G+. Thank you very much. 4G base stations reached 1.1 million and cross-industry joint construction and sharing of infrastructure such as poles, rolls and pipelines is also making progress. Through 5G, 4G joint construction and sharing, the two sides have saved more than 270 billion yuan investment. Thank you very much. We improve the level of surface, high standards to shape surface reputation. We are committed to creating full connectivity of high-quality surfaces and surface reputation won more praise. Further giving full play to advantages of integrated and intensive operation, problem-solving rate of intelligent customer surface exceeded 98%. Intelligent surface accounted for 83.2%. Customer perception improved significantly, and the effective complaint rate of the Ministry of Industry and Information Technology hit a record low. We continue to strengthen customer care. We launched Yilin Exclusive Service Plan and a new youth brand, Unicom World Pie. Thank you very much. In the past year, we continue to deliver a combination of measures, uphold the principle of the Internet, expand digitalization and intelligence, fully embrace the release of value dividends from the new blue sea of digital economy at a faster pace. Thank you very much. Thank you very much. Thank you very much. Thank you. Thank you very much. Thank you very much. We are committed to creating more diversified and more useful innovative products deepening the structural reform of the supply side of products for the individual and family market and the rapid growth of personal smart life and Unicom smart home businesses bring new experience of quality upgrading to our customers. Not long ago, we won the Smart Home Best Practice Award at the 2023 Mobile World Congress, which is also the international recognition of China Unicom's ability to deeply cultivate a digital home and serve smart life. Big computing builds up momentum. Unicom Cloud continued to double its growth, reaching 36.1 billion yuan in revenue in 2022. up 121% year-on-year. The 7.0 version of Unicom Cloud was launched to further strengthen the brand image of safe data and wise cloud. Among them, public cloud market growth rate is the first. It has built national drug administration cloud serving national ministries and local governments, Liaoning Province government, and also Guangzhou government. and other benchmarking projects and supported more than 20 state-owned enterprises such as China Life Insurance. Independent research and development innovation level further improved our independent controllable cloud full-stack products to achieve 100% self-research. More than 90% of domestic mainstream hardware and software products Hon LEUNG Kwok-hung Big Data Continues to Take the Lead Ministers and Commissions Thank you very much. Thank you very much. Yvonne Chiu-hung. Upgraded the construction of 5G plus industrial internet and 5G fully connected factory to company strategy and built more than 5,000 5G plus industrial internet projects and more than 1,600 5G fully connected factory projects. We have created a number of benchmark cases of 5G industrial internet in the 5G private network enabling equipment manufacturing, mining, clothing and other industries. For example, in the 5G fully connected factory we built with Yagor, the delivery time of finished product has been reduced from 15 days to 5 days, ensuring that they can be delivered to consumers within a week, providing a Unicom solution to solve the pain points of the garment industry. Recently, at the Barcelona Telecom World Show, we made two major announcements. When is the world's first 5G red cap? Thank you very much. to be light. The other is China Unicom 5G industrial edge computing network integrated machine. In order to better promote 5G industrial network from external to internal network, technology from single to integration and seen from Thank you very much. Thank you very much. Unicomittee Limited Together, security and ecological partners to play good team game and build a cloud security market. We jointly build the first 5G security range in China with Pengcheng Lab, focusing on the layout of large security basic capabilities. Our revenue in big security has increased by nearly four times, and the accumulated security capacity serves more than 10,000 customers. Over the past year, the company has made milestone progress in high-level technology and self-reliance and self-improvement with strong scientific and technological innovation force. China Unicom Association for Science and Technology was established, and 16... Unicomittee Limited and we have obtained the outstanding contribution enterprise in scientific and technological innovation. It proves that our efforts was not unnoticed so that we can continue to follow this path with determination. The internet is connected and data roaming covers nearly Thank you very much. to achieve accurate computing and set up a customer service system and launch integrated AIGC Thank you very much. Thank you very much. so as to create even greater value for our customers so that we can better integrate into local economies. Twenty-seven provinces and 109 major enterprises have already signed strategic collaboration with us so that we can provide services to more than 230,000 administrative villages. We have achieved great synergy and we are operating in more than 140 international entities. In terms of data roaming, we cover nearly 250 countries and regions. With Tencent, Ali, Jingdong, Baidu and other investment partners, we comprehensively upgraded. Thank you very much. Co-Founder, Co-Founder Inc. Inc. Inc. Inc. As the first central enterprise responding to explore reshaping the valuation system, the company's capital market performance has been bright with volume and price rising together and the stock price also increased by more than 90% since the low point. Since November last year, Asia trading volume of Unicom has ranked the first in Asia market. We will also continue to reshape valuation system together with capital market and bring good returns to shareholders and the market by constantly increasing the value of the company. The company is committed to sharing the dividends of its long-term development with its shareholders while continuing to drive good growth in revenue and profit and maintain sustainable development. Taking full account of the sound business development of the company, we recommend a final dividend of RMB 0.109 per share. Together with an interim dividend, RMB 0.165 per share already paid, total dividend for the year would be 0.274 RMB per share, an increase of 26.9%, payout ratio rising to 50%. In the future, the company will grasp relationship between short-term, medium-term and long-term development. And on the basis of accumulating momentum for the company's long-term and steady growth, it will become... Co-President Tsai Ing-wen Thank you very much. We will further strengthen the business service system with a focus on reinforcing and strengthening our companies, improving marketing capabilities, enhance market driving force, strengthen digital transformation, comprehensively promote our digital system from easy to use to comprehensive easy to use transformation, enhance digital enabling production and operation capacity. We'll do a better job of paving the way The President Thank you very much.