Group 1 - The core announcement is that Yang Jie will resign as Executive Director and Chairman of China Mobile due to age reasons, effective December 22, 2025. Chen Zhongyue has been appointed as the new Executive Director and Chairman, also effective December 22, 2025 [1][4]. Group 2 - Chen Zhongyue, aged 54, is currently the Chairman of China Mobile Communications Group Co., Ltd. and has held various significant positions in the telecommunications industry, including roles at China Telecom and China Unicom [4]. - Yang Jie, born in 1962, has been the Chairman of China Mobile since March 2019 and has overseen the company maintaining the "three global number ones" in network scale, customer scale, and revenue scale during his tenure [4]. Group 3 - As of December 22, China Mobile's stock closed at HKD 83.70 per share, with a total market capitalization of HKD 1.81 trillion [5].

Core Viewpoint - The communication industry experienced a significant increase of 4.28% on December 22, with a net inflow of 7.516 billion yuan in main funds, leading the market in terms of growth and capital inflow [2][3]. Market Performance - The Shanghai Composite Index rose by 0.69% on the same day, with 22 out of 28 sectors showing gains, particularly in communication and comprehensive sectors, which increased by 4.28% and 2.63% respectively [2]. - The media and banking sectors were the worst performers, declining by 0.61% and 0.52% respectively [2]. Capital Flow Analysis - A total of 6.605 billion yuan was net inflowed into the two markets, with 11 sectors seeing net inflows. The communication sector led with a net inflow of 7.516 billion yuan [2]. - The electronic sector followed with a 2.62% increase and a net inflow of 6.073 billion yuan [2]. Individual Stock Performance in Communication Sector - Out of 124 stocks in the communication sector, 90 stocks rose, with 6 hitting the daily limit [3]. - The top three stocks by net inflow were: - Zhongji Xuchuang: 1.485 billion yuan [3] - Xinyi Sheng: 1.083 billion yuan [3] - Hengtong Optic-Electric: 871 million yuan [3]. - The sector also saw 5 stocks with net outflows exceeding 100 million yuan, led by China Mobile with a net outflow of 359 million yuan [5]. Capital Inflow and Outflow Rankings - The top inflow stocks in the communication sector included: - Zhongji Xuchuang: +8.01% [4] - Xinyi Sheng: +6.61% [4] - Hengtong Optic-Electric: +10.02% [4]. - The top outflow stocks included: - China Mobile: -0.98% [5] - Tongding Interconnection: -2.93% [5] - Xinke Mobile-U: -3.92% [5].

Group 1 - The board of China Mobile announced the resignation of Yang Jie as executive director and chairman due to age reasons, effective from December 22, 2025 [1] - Chen Zhongyue has been appointed as the new executive director and chairman of the company, effective from December 22, 2025, following the proposal from the nomination committee and approval by the board [1]

格隆汇12月22日丨中国移动(00941.HK)宣布，杨杰因年龄原因辞任公司执行董事兼董事长的职务，自 2025年12月22日起生效。陈忠岳已获委任为公司的执行董事兼董事长，自2025年12月22日起生效。 ...

中国移动：杨杰辞任董事长，陈忠岳接任。 香港交易及 結算 所有限公司及香港 聯合交易 所有限公司對本公告之 內容 概 不 負責,對其準確性或完整性亦不發表任何聲明,並明確表示概不就因本公告全 部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 董事會議就楊先生對本公司作出的突出貢獻給予高度評價並深表謝意。 執行董事兼董事長委任 董事會欣然宣佈,經本公司提名委員會提議、董事會審議及批准,陳忠岳先生 已 獲 委 任 為 本 公 司 的 執 行 董 事 兼 董 事 長,自2025年 12月22日 起 生 效。 china Mohile 執行董事兼董事長 辭任 中國移動有限公司(「本公司」董事會(「董事會(「董事會」宣佈,楊杰先生因年齡原因辭任 本公司執行董事兼董事長的職務,自2025年12月22日起生效。楊先生已確認與 董事會並無不同意見,而就其辭任一事,亦無任何事項需要通知本公司股東。 中國移動有限公司 CHINA MOBILE LIMITED (根據公司條例在香港註冊成立之有限公司) 股份代號：941(港幣櫃台)及 80941(人民幣櫃台) 董事長變更 陳忠岳先生,54歲,現為本公司最終控股東 ...

经本公司提名委员会提议、董事会审议及批准，陈忠岳先生已获委任为本公司的执行董事兼董事长，自 2025年12月22日起生效。 智通财经APP讯，中国移动(00941)发布公告，杨杰先生因年龄原因辞任本公司执行董事兼董事长的职 务，自2025年12月22日起生效。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 CHINA MOBILE LIMITED 中國移動有限公司 （根據公司條例在香港註冊成立之有限公司） 股份代號：941（港幣櫃台）及 80941（人民幣櫃台） 董事長變更 執行董事兼董事長辭任 中國移動有限公司（「本公司」）董事會（「董事會」）宣 佈，楊 杰 先 生 因 年 齡 原 因 辭 任 本 公 司 執 行 董 事 兼 董 事 長 的 職 務，自2025年12月22日 起 生 效。楊 先 生 已 確 認 與 董 事 會 並 無 不 同 意 見，而 就 其 辭 任 一 事，亦 無 任 何 事 項 需 要 通 知 本 公 司 股 東。 董 事 會 謹 就 楊 先 生 對 本 公 司 作 出 的 突 出 貢 獻 給 予 高 度 評 價 並 深 表 謝 意。 執行董事兼董事長委任 董 事 會 欣 然 宣 佈，經 本 公 司 提 名 委 員 會 提 議 ...

CHINA MOBILE LIMITED 陳忠岳先生（董 事 長） 何飈先生（首 席 執 行 官） 王利民先生 李榮華先生（財 務 總 監） 獨立非執行董事 姚建華先生 楊强博士 李嘉士先生 梁高美懿女士 – 1 – 董 事 會 設 有 四 個 董 事 委 員 會。董 事 委 員 會 的 組 成 如 下： 中國移動有限公司 （根據公司條例在香港註冊成立之有限公司） 股份代號：941（港幣櫃台）及 80941（人民幣櫃台） 董事名單與其角色和職能 中國移動有限公司董事會（「董事會」）成 員 載 列 如 下： 執行董事 審核委員會 薪酬委員會 姚建華先生（主 席） 楊强博士 李嘉士先生 梁高美懿女士 提名委員會 楊强博士（主 席） 姚建華先生 李嘉士先生 梁高美懿女士 可持續發展委員會 梁高美懿女士（主 席） 何飈先生 李榮華先生 李嘉士先生 香 港，2025年12月22日 – 2 – 姚建華先生（主 席） 楊强博士 李嘉士先生 梁高美懿女士 ...

Group 1 - The Super Brand concept index declined by 0.48%, ranking among the top declines in concept sectors, with notable declines in stocks such as Aucma, Zhonggong Education, and TCL Technology [1] - Among the Super Brand concept stocks, 13 stocks saw price increases, with Anfu Technology, SF Holding, and Dong'e Ejiao leading the gains at 2.40%, 1.22%, and 1.11% respectively [1] - The Super Brand concept experienced a net outflow of 1.662 billion yuan from main funds, with 32 stocks facing net outflows, and 7 stocks seeing outflows exceeding 100 million yuan [2] Group 2 - The top net outflow stocks included China Mobile, TCL Technology, and Kweichow Moutai, with net outflows of 359.45 million yuan, 219.80 million yuan, and 155.96 million yuan respectively [2] - Conversely, the stocks with the highest net inflows included SF Holding, Dong'e Ejiao, and Yunnan Baiyao, with net inflows of 89.39 million yuan, 34.34 million yuan, and 14.78 million yuan respectively [2] - The trading volume for China Mobile was 2.28%, while TCL Technology had a turnover rate of 2.06% [3]

Market Performance - The Shanghai Composite Index closed up 0.36% at 3890.45 points, while the Shenzhen Component rose 0.66% and the ChiNext Index increased by 0.49%[1] - The Hong Kong Hang Seng Index closed up 0.75% at 25690.53 points, with the Hang Seng Tech Index rising 1.12% and the Hang Seng China Enterprises Index up 0.68%[1] - The total market turnover in Hong Kong was 2211.864 million HKD[1] U.S. Market Outlook - Goldman Sachs and Castle Securities are optimistic about the "Christmas rally" in U.S. stocks, citing historical data showing the S&P 500 index has risen 75% of the time in the last two weeks of December since 1928, with an average increase of 1.3%[8] - The Dow Jones Industrial Average rose 0.38% to 48134.89 points, the S&P 500 increased by 0.88% to 6834.5 points, and the Nasdaq Composite gained 1.31%[1] ByteDance Financial Projections - ByteDance is expected to achieve a profit of approximately 50 billion USD by 2025, marking a record year for the company as it expands into e-commerce and new markets[8] - The company has reportedly generated around 40 billion USD in net profit in the first three quarters of this year, indicating strong growth potential[12] Sector Highlights - Real estate services and development sectors are showing active performance in the A-share market[1] - Coal, automotive, and healthcare sectors led the gains in the Hong Kong market[1]