中国移动有限公司董事会 2026年2月1日 1 中国移动有限公司 关于电信服务增值税税目适用范围调整的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 近日，中华人民共和国财政部、国家税务总局发布了《关于增值税征税具体 范围有关事项的公告》（财政部 税务总局公告 2026 年第 9 号），规定自 2026 年 1 月 1 日起，在中华人民共和国境内，利用固网、移动网、卫星、互联网，提供 手机流量服务、短信和彩信服务、互联网宽带接入服务的业务活动适用的税目由 增值电信服务调整为基础电信服务，对应增值税税率由 6%调整为 9%。 此次税目适用范围调整，将对公司收入及利润产生影响。公司将坚守主责主 业，努力做强做优做大通信服务、算力服务、智能服务，坚持网络强基、推进全 栈创新，深化精益管理和提质增效，加快建设世界一流科技服务企业。 特此公告。 股票代码：600941 股票简称：中国移动 公告编号：2026-002 ...

此次税目适用范围调整，将对公司收入及利润产生影响。公司将坚守主责主业，努力做强做优做大通信 服务、算力服务、智能服务，坚持网络强基、推进全栈创新，深化精益管理和提质增效，加快建设世界 一流科技服务企业。 格隆汇2月1日丨中国移动(600941.SH)公告，近日，中华人民共和国财政部、国家税务总局发布了《关 于增值税征税具体范围有关事项的公告》(财政部税务总局公告2026年第9号)，规定自2026年1月1日 起，在中华人民共和国境内，利用固网、移动网、卫星、互联网，提供手机流量服务、短信和彩信服 务、互联网宽带接入服务的业务活动适用的税目由增值电信服务调整为基础电信服务，对应增值税税率 由6%调整为9%。 ...

中国移动通信集团有限公司，成立于1999年，位于北京市，是一家以从事电信、广播电视和卫星传输服 务为主的企业。企业注册资本30000000万人民币。通过天眼查大数据分析，中国移动通信集团有限公司 共对外投资了55家企业，参与招投标项目5000次，财产线索方面有商标信息2211条，专利信息5000条， 此外企业还拥有行政许可50个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 来源：市场资讯 国家知识产权局信息显示，中移(苏州)软件技术有限公司、中国移动通信集团有限公司取得一项名 为"一种知识图谱构建方法、装置和存储介质"的专利，授权公告号CN115374222B，申请日期为2021年5 月。 天眼查资料显示，中移(苏州)软件技术有限公司，成立于2014年，位于苏州市，是一家以从事软件和信 息技术服务业为主的企业。企业注册资本317200万人民币。通过天眼查大数据分析，中移(苏州)软件技 术有限公司参与招投标项目5000次，财产线索方面有商标信息112条，专利信息2689条，此外企业还拥 有行政许可28个。 ...

声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 中国移动通信集团有限公司，成立于1999年，位于北京市，是一家以从事电信、广播电视和卫星传输服 务为主的企业。企业注册资本30000000万人民币。通过天眼查大数据分析，中国移动通信集团有限公司 共对外投资了55家企业，参与招投标项目5000次，财产线索方面有商标信息2211条，专利信息5000条， 此外企业还拥有行政许可50个。 国家知识产权局信息显示，咪咕文化科技有限公司、中国移动通信集团有限公司取得一项名为"脚本生 成方法、装置、设备及计算机程序产品"的专利，授权公告号CN113868123B，申请日期为2021年9月。 天眼查资料显示，咪咕文化科技有限公司，成立于2014年，位于北京市，是一家以从事软件和信息技术 服务业为主的企业。企业注册资本1040000万人民币。通过天眼查大数据分析，咪咕文化科技有限公司 共对外投资了9家企业，参与招投标项目2579次，财产线索方面有商标信息982条，专利信息2886条，此 外企业还拥有行政许可10个。 来源：市场资讯 ...

Core Insights - The Chinese telecommunications industry is at a crossroads as the 2025 statistics reveal a mixed performance, with total telecom business volume growing by 9.1% year-on-year, significantly outpacing GDP growth by 4.1 percentage points, contributing positively to economic growth [2] - However, telecom business revenue growth has declined to only 0.7% in 2025, a drop of 2.5 percentage points from 2024, indicating a trend of stagnation in revenue growth despite overall market improvements [3][4] Group 1: Industry Performance - By the end of 2025, the number of 5G base stations reached 4.838 million, accounting for 37.6% of mobile phone base stations, with an average of 34.4 5G base stations per 10,000 people, exceeding the "14th Five-Year Plan" target [2] - The number of mobile phone users in China reached 1.827 billion, with a penetration rate of 130 devices per 100 people, surpassing the global average by 22.5 percentage points [2] - The number of 5G mobile phone users reached 1.204 billion, with a net increase of 190 million users, representing over 65.9% of total mobile phone users, which is 2.1 times the global average [2] Group 2: Revenue Trends - Telecom business revenue for 2025 was 1.75 trillion yuan, with a growth rate of only 0.7%, down from 3.2% in 2024, and significantly lower than the 6.2% and 8% growth rates in 2023 and 2022, respectively [3][4] - Traditional business revenues, including mobile data and voice services, are declining due to competition from OTT services and pricing pressures, with traditional business revenue down by 0.5% in 2025 [4] Group 3: Emerging Business Growth - New emerging businesses, including cloud computing, big data, and IoT, accounted for 25.7% of telecom industry revenue in 2025, growing by 4.7% year-on-year and contributing 1.2 percentage points to overall revenue growth [6] - Big data business revenue grew by 69.2% year-on-year, driven by demand from enterprise clients for data governance and intelligent applications [6] - The number of IoT terminal users reached 2.888 billion, significantly exceeding the number of mobile phone users, indicating a shift from low-value connections to revenue-generating opportunities [7] Group 4: Transition Challenges - The growth rate of cloud computing revenue slowed to 2.9% in 2025, a significant drop from nearly 30% in 2023, highlighting challenges in the sector [8] - Operators face difficulties in the cloud business due to pricing structures and competition from major cloud providers, which limits their market share in high-end cloud services [9] - Continued investment in data centers and computing networks is squeezing profit margins for operators, with China Mobile's computing network investment reaching 37.3 billion yuan in 2025 [9] Group 5: Future Outlook - The ability of emerging businesses to transition from volume growth to high-quality monetization will depend on the industry's execution in building capabilities, ecosystem cooperation, and capital efficiency [10] - If operators can effectively integrate network advantages with computing services into scalable products, emerging businesses may become a sustainable profit driver for the telecommunications industry [10]

中國聯通(00762)：表現稍強，微升0.12%收於8.11元，關鍵是其股價站穩10日及30日均線之上，技術指標信號更為積極。 整體來說，板塊缺乏明顯的領漲動力，中移動作為板塊龍頭，其走勢基本反映了板塊的普遍狀態，短期整理、等待方向選擇，投資者可重點關注板塊內是否 有個股率先打破僵局，帶動整體走強。 【窩輪透視】中移動短期震盪未破，窩輪佈局有講究 1月29日，中移動(00941)走勢相對平靜，收盤價80.9元，與前一交易日持平，成交額28.59億元，成交量中規中矩，並未出現明顯放量或縮量的情況，反映市 場當下處於觀望狀態。 收盤價80.9元剛好站在10日均線（79.55元）之上，算是短期有一定支撐，但同時受制於30日均線（81.40元）和60日均線（84.18元）的雙重壓制，屬於「短 期企穩、中期遇阻」的典型格局，這也是1月29日走勢平淡的核心原因之一：上方阻力未突破，下方支撐暫穩，多空雙方暫時處於平衡。 RSI指標為47，剛好處在40-60的中性區間，沒有出現超買或超賣的信號，進一步印證了當前震盪格局，多空力量相對均衡，沒有一方佔據明顯優勢。整體技 術指標給出「買入」信號，強度7級，但移動平均線信號卻是「賣 ...

Group 1: Market Overview - The Hong Kong stock market saw a net inflow of 32.22 billion HKD from northbound trading, with 20.39 billion HKD from Shanghai and 11.83 billion HKD from Shenzhen [1] - The most bought stocks included CSPC Pharmaceutical Group (01093), Xiaomi Group-W (01810), and the Tracker Fund of Hong Kong (02800) [1] Group 2: Notable Stock Transactions - CSPC Pharmaceutical Group (01093) received a net inflow of 9.36 billion HKD, following a strategic cooperation agreement with AstraZeneca for the development of innovative long-acting peptide drugs, potentially worth up to 18.5 billion USD [4] - The Tracker Fund of Hong Kong (02800) saw a net inflow of 5.89 billion HKD, with positive market sentiment driven by earnings recovery, improved liquidity, low valuations, and policy support [5] - Alibaba Group-W (09988) had a net inflow of 3.29 billion HKD, as it launched a high-end AI chip, enhancing its position in the AI technology sector [5] - Longi Green Energy Technology (06869) experienced a net inflow of 2.41 billion HKD, driven by strong demand for AI infrastructure and optical communication upgrades [5] Group 3: Stocks with Significant Net Outflows - Shandong Gold (01787) and Zijin Mining (02899) faced net outflows of 2.06 billion HKD and 6.35 billion HKD respectively, amid significant volatility in the precious metals market [7] - Semiconductor manufacturer SMIC (00981) saw a net outflow of 545.8 million HKD, with limited impact expected from the approval of H200 chips for the domestic market [7] - Xiaomi Group-W (01810) had a net inflow of 9.14 billion HKD, while China Mobile (00941) and CNOOC (00883) faced net outflows of 5.41 billion HKD and 5.25 billion HKD respectively [7]

Group 1 - The net inflow of southbound funds today amounted to 3.22 billion HKD [1] - The top three companies with net inflows were CSPC Pharmaceutical Group, Xiaomi Group-W, and the Tracker Fund of Hong Kong, with net purchases of 935 million HKD, 914 million HKD, and 590 million HKD respectively [1] - The companies with the highest net outflows included Zijin Mining, China Mobile, and CNOOC, with net sales of 635 million HKD, 541 million HKD, and 526 million HKD respectively [1]

Group 1 - Southbound funds net bought Hong Kong stocks worth 32.22 billion HKD today [1] - The top net purchases included: CSPC Pharmaceutical Group at 9.34 billion HKD, Xiaomi Group-W at 9.14 billion HKD, and the Tracker Fund of Hong Kong at 5.89 billion HKD [1] - Notable net sales included: Zijin Mining at 6.35 billion HKD, China Mobile at 5.41 billion HKD, and CNOOC at 5.25 billion HKD [1] Group 2 - Southbound funds have recorded a continuous net sell of China Mobile for 20 days, totaling 159.752 billion HKD [1] - Zijin Mining has seen a net sell for 5 consecutive days, amounting to 37.8638 billion HKD [1] - Semiconductor Manufacturing International Corporation (SMIC) has also experienced a net sell for 5 consecutive days, totaling 12.2751 billion HKD [1]

Group 1: Market Overview - The Hong Kong stock market saw a net inflow of 32.22 billion HKD from northbound trading, with 20.39 billion HKD from Shanghai and 11.83 billion HKD from Shenzhen [1] - The most bought stocks included CSPC Pharmaceutical Group (01093), Xiaomi Group-W (01810), and the Tracker Fund of Hong Kong (02800) [1] - The most sold stocks were Zijin Mining (02899), China Mobile (00941), and CNOOC (00883) [1] Group 2: Notable Stock Performances - CSPC Pharmaceutical Group (01093) received a net inflow of 9.36 billion HKD, following a strategic cooperation agreement with AstraZeneca for the development of innovative long-acting peptide drugs, potentially worth up to 18.5 billion USD [4] - The Tracker Fund of Hong Kong (02800) saw a net inflow of 5.89 billion HKD, with positive market sentiment driven by earnings recovery, improved liquidity, and policy support [5] - Alibaba Group-W (09988) had a net inflow of 3.29 billion HKD, as it launched a high-end AI chip, enhancing its position in the AI sector [5] Group 3: Sector-Specific Insights - Long Fiber Optic Cable (06869) received a net inflow of 2.41 billion HKD, driven by strong demand for AI infrastructure and high-speed optical modules [5] - China Spring (01969) had a net inflow of 46.22 million HKD, with growth potential in student enrollment and tuition fee increases [6] - Gold stocks faced significant sell-offs, with Shandong Gold (01787) and Zijin Mining (02899) experiencing net outflows of 2.06 billion HKD and 6.35 billion HKD, respectively, amid volatility in the precious metals market [7]