特此公告。 中国移动有限公司董事会 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。 股票代码：600941 股票简称：中国移动 公告编号：2026-002 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 2026年2月1日 ...

Core Viewpoint - The three major telecom operators in China are adjusting their business strategies in response to changes in tax regulations, focusing on innovation and the development of computing power services to drive high-quality growth [1][2]. Group 1: Tax Regulation Impact - The Ministry of Finance and the State Taxation Administration announced that starting January 1, 2026, the tax category for certain telecom services will change from value-added telecom services to basic telecom services, with the VAT rate increasing from 6% to 9% [2]. Group 2: Strategic Focus and Performance - China Telecom is implementing a comprehensive strategy to enhance its cloud and AI services, aiming to create an integrated intelligent cloud service platform [3]. - China Mobile is focusing on strengthening its communication services and expanding its capabilities in computing and intelligent services [3]. - China Unicom is concentrating on core areas such as connectivity, computing, services, and security to build differentiated advantages [3]. - The three operators are transitioning to a strategic "gear-shifting" phase, placing artificial intelligence at the core of their strategies, with significant achievements already noted [3]. Group 3: Financial Performance - China Unicom reported a revenue of 293 billion yuan for the first three quarters of 2025, a year-on-year increase of 1.0%, with a net profit of 8.8 billion yuan, up 5.2% [4]. - China Telecom's IDC revenue reached 27.5 billion yuan, a 9.1% increase year-on-year, contributing to a total revenue of 394.3 billion yuan, up 0.6% [4]. - China Mobile achieved a revenue of 794.7 billion yuan, a 0.4% increase, with a net profit of 115.4 billion yuan, up 4.0% [4].

Group 1 - The stock price of China Mobile (600941) closed at 96.38 yuan on January 30, 2026, down by 0.62%, with a turnover rate of 1.52% and a trading volume of 137,500 shares, amounting to a total transaction value of 1.33 billion yuan [1] - On January 30, the net inflow of main funds was 44.65 million yuan, accounting for 3.36% of the total transaction value, while retail investors experienced a net outflow of 33.14 million yuan, representing 2.49% of the total transaction value [2][1] Group 2 - Starting from January 1, 2026, the VAT rate for mobile data services, SMS, MMS, and broadband access services will be adjusted from 6% to 9%, with the applicable tax category changing from value-added telecommunications services to basic telecommunications services [1][2] - This adjustment is expected to impact the company's revenue and profit, prompting the company to continue focusing on its core business, enhancing service capabilities, and promoting innovation and management optimization [1]

Core Viewpoint - The adjustment of the VAT tax category for telecommunications services in China will impact the revenue and profit of China Mobile, as the VAT rate changes from 6% to 9% starting January 1, 2026 [1][4]. Group 1 - The Ministry of Finance and the State Taxation Administration of China announced that from January 1, 2026, the tax category for services such as mobile data, SMS, MMS, and internet broadband access will change from value-added telecommunications services to basic telecommunications services [1][4]. - The corresponding VAT rate for these services will increase from 6% to 9% [1][4]. - The company aims to strengthen its core telecommunications services, computing power services, and intelligent services while focusing on network enhancement and innovation [1][4].

Group 1 - The core point of the news is the adjustment of the value-added tax (VAT) rate for telecommunications services in China, increasing from 6% to 9%, which will impact the revenue and profits of major telecom operators [2][3] - The adjustment is set to take effect on January 1, 2026, and applies to services such as mobile data, SMS, multimedia messaging, and internet broadband access [2] - The change is characterized as a "repositioning" of the tax category rather than an additional tax burden, aiming to clarify the public nature of basic communication services and enhance operational efficiency in the industry [4] Group 2 - The announcement from the Ministry of Finance and the State Taxation Administration specifies the applicable VAT rates and the scope of services, with the current VAT rates in China being 13% for the basic rate, and 9% and 6% for preferential rates [4] - The repositioning is expected to encourage telecom operators to focus more on core activities such as network construction and service assurance, reducing homogeneous marketing competition [4]

Core Viewpoint - The adjustment of the VAT tax rate applicable to telecommunications services in China will impact the revenue and profits of the three major telecom operators, China Mobile, China Unicom, and China Telecom, starting from January 1, 2026 [1][2]. Group 1: Tax Rate Changes - The new regulation changes the applicable tax category for mobile data services, SMS, MMS, and internet broadband access from value-added telecommunications services (6% VAT) to basic telecommunications services (9% VAT) [1][2]. - The definition of basic telecommunications services has been expanded to include mobile data services, SMS, MMS, and internet broadband access, which were previously classified under value-added telecommunications services [2]. Group 2: Financial Implications - The increase in VAT from 6% to 9% for certain services may lead to higher costs for consumers, although the extent of this price increase will depend on consumer demand elasticity [2][3]. - The adjustment is expected to increase the tax burden on telecom companies, but given their state-owned status and market position, the impact is considered manageable [2]. - The adjustment in tax rates is anticipated to contribute to increased fiscal revenue, addressing the growing fiscal pressure faced by the government [3]. Group 3: Broader Economic Context - In 2025, the national general public budget revenue is projected to be 21,604.5 billion yuan, a decrease of 1.7% from the previous year, while government fund budget revenue is expected to decline by 7% [3].

Core Viewpoint - The adjustment of the VAT tax rate applicable to certain telecommunications services in China is expected to impact the revenue and profits of the three major telecom operators: China Mobile, China Unicom, and China Telecom. The VAT rate for these services will increase from 6% to 9% starting January 1, 2026, as per the new regulations issued by the Ministry of Finance and the State Administration of Taxation [3][4]. Summary by Sections VAT Rate Adjustment - The new regulations redefine the scope of basic telecommunications services to include mobile data services, SMS, MMS, and internet broadband access, which were previously classified under value-added telecommunications services with a lower VAT rate of 6% [4]. - The adjustment expands the range of services subject to the 9% VAT rate, thereby increasing the tax burden on the three major telecom operators [4]. Impact on Telecom Operators - The increase in VAT from 6% to 9% for certain services may lead to higher costs for the telecom operators, which could potentially be passed on to consumers depending on demand elasticity [5]. - Voice call services, which were already subject to a 9% VAT rate, will not see a price increase due to this adjustment [5]. Financial Context - The adjustment is part of broader fiscal measures aimed at addressing increasing fiscal revenue challenges, as indicated by the decline in public budget revenues and the increase in budget expenditures in recent years [6].

三大运营商公告：增值税率升至9%。 今日，中国移动、中国电信及中国联通三大电信运营商相继发布公告，电信服务增值税税目适用范围调整，税率由6%调整为 9%，将对公司收入及利润产生影响。 在此之前，财政部、税务总局发布《关于增值税征税具体范围有关事项的公告》（以下简称《公告》），明确了适用9%、6% 增值税税率范围，以及销售服务、无形资产、不动产具体范围，这涉及多档税率。该《公告》自2026年1月1日起施行。目前 中国增值税税率主要有三档，其中基本税率是13%，两档优惠税率分别是9%、6%。 三大巨头发布公告 2月1日，中国移动、中国电信、中国联通发布公告称，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、中国电信、中国联通均在公告中表示，此次税目适用范围调整，将对公司收入及利润产生影响。 中国移动表示 ...

Core Viewpoint - The increase in the value-added tax (VAT) rate from 6% to 9% for certain telecom services will negatively impact the revenue and profits of China's three major telecom operators: China Mobile, China Unicom, and China Telecom [1][2]. Group 1: Tax Rate Changes - The new VAT regulations, effective from January 1, 2026, redefine the applicable tax categories for telecom services, shifting mobile data, SMS, and broadband services from the category of value-added telecom services (6% VAT) to basic telecom services (9% VAT) [2][3]. - The adjustment expands the definition of basic telecom services to include mobile data, SMS, and broadband services, which were previously classified under value-added services [3]. Group 2: Impact on Operators - The tax rate increase will lead to a higher tax burden for the three major operators, although their monopolistic position may help mitigate the overall impact [3]. - The potential for price increases in broadband and SMS services exists due to the higher VAT rate, but the extent of this will depend on consumer demand elasticity [4]. Group 3: Financial Context - Recent data indicates a decline in national public budget revenue by 1.7% in 2025, alongside a 7% decrease in government fund budget revenue, highlighting the need for increased tax revenue through such adjustments [5].

Core Viewpoint - The Ministry of Finance and the State Taxation Administration of the People's Republic of China announced a change in the tax classification for telecommunications services, which will affect the revenue and profits of major telecom companies starting January 1, 2026 [1]. Group 1: Tax Changes - From January 1, 2026, the tax category for services such as mobile data, SMS, MMS, and internet broadband access will change from value-added telecommunications services to basic telecommunications services [1]. - The applicable VAT rate for these services will increase from 6% to 9% [1]. Group 2: Impact on Companies - The adjustment in tax classification is expected to have a significant impact on the revenue and profit margins of companies like China Mobile, China Unicom, and China Telecom [1].