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宽带、短信等增值税税率由6%提高至9%,会涨价吗?
Di Yi Cai Jing· 2026-02-01 13:42
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].
宽带、短信等增值税税率由6%提高至9%,会涨价吗?
第一财经· 2026-02-01 13:32
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].
今日晚间重要公告抢先看——锋龙股份、嘉美包装2月2日起复牌;国内三大电信运营商:电信服务增值税税目适用范围调整将对公司收入及利润产生影响
Jin Rong Jie· 2026-02-01 13:26
Group 1: Major Announcements - Fenglong Co. and Jiamei Packaging will resume trading on February 2 [21][21] - The three major telecom operators in China, including China Mobile, China Unicom, and China Telecom, announced an adjustment in the applicable scope of value-added tax for telecom services, increasing the tax rate from 6% to 9%, which will impact their revenue and profits [6][7][8] Group 2: Project Wins and Contracts - Chengdi Xiangjiang won a bid for a project worth 1.22 billion yuan, with its subsidiary holding a 52.6% stake in the consortium [2] - Fulongma is expected to win sanitation service projects with a total first-year service fee of 83.54 million yuan, which will positively impact its operating performance in 2026 and beyond [2] Group 3: Corporate Transactions - BGI Genomics plans to acquire assets for 366 million yuan, including 100% equity of two companies, with additional capital increases planned for both [3] - Penghui Energy submitted an application for the issuance and listing of H-shares on the Hong Kong Stock Exchange [4] Group 4: Financial Performance - North Benz Blue Valley reported a January production of 11,169 new energy vehicles, a year-on-year increase of 20.84% [14] - Sailyus achieved January sales of 45,900 vehicles, a year-on-year growth of 104.85% [15] - GAC Group's January sales reached 116,622 vehicles, reflecting an 18.47% year-on-year increase [16] - Leshan Electric reported a net profit of 23.4 million yuan for 2025, a year-on-year increase of 3.68% [17] Group 5: Share Buybacks - Quzhou Dongfeng proposed a share buyback plan with a total amount between 50 million and 100 million yuan [18] - GoerTek increased its share buyback fund to a minimum of 1 billion yuan and a maximum of 1.5 billion yuan [20] Group 6: Stock Trading and Performance - Tiandi Online confirmed that its operations are normal and there are no undisclosed significant matters, despite recent stock price fluctuations [10] - Hongbaoli's epoxy propylene project has entered the pre-production preparation stage, with significant uncertainties remaining [11] - Hunan Gold's stock trading showed abnormal fluctuations, with ongoing asset purchase plans pending approval [12][13]
税率调整!A股三大巨头,突发公告!
券商中国· 2026-02-01 13:12
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 ...
宽带、短信等增值税税率由6%提高至9%,会涨价吗?
Di Yi Cai Jing· 2026-02-01 13:03
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].
三大运营商发布公告,事关增值税税率
Bei Ke Cai Jing· 2026-02-01 13:03
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].
移动、电信、联通同步发布重大公告,影响不一般!
Sou Hu Cai Jing· 2026-02-01 12:45
Core Viewpoint - The recent announcement by the Ministry of Finance and the State Taxation Administration of China regarding the adjustment of the VAT tax category for telecommunications services will lead to a 50% increase in the VAT rate from 6% to 9%, effective January 1, 2026, impacting the revenue and profits of major telecom operators in China [1][5]. Group 1 - The VAT 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][5]. - The adjustment in VAT rate is expected to reduce the profits of major telecom operators, including China Mobile, China Telecom, and China Unicom, necessitating strategies to maintain performance levels [1][9]. - Companies are encouraged to implement strategies focused on cloud transformation and AI integration to enhance efficiency and drive quality development in response to the tax changes [5].
机器人概念牛股停牌核查结束 明日复牌|盘后公告集锦
Sou Hu Cai Jing· 2026-02-01 12:43
Company Announcements - Fenglong Co., Ltd. received a commitment from UBTECH not to inject assets into the company within 36 months after the acquisition, and the stock will resume trading on February 2 after the completion of a trading suspension investigation [2] - Jerry Holdings signed a sales contract for gas turbine generator sets with a total amount of 1.82 billion USD (approximately 12.65 billion RMB) for a data center application, marking the fourth such contract with a U.S. client since November 2025 [3] - Aoxin plans to invest 1.82 billion RMB in a high-end printed circuit board project, which aims to enhance product competitiveness and meet the growing demand in various sectors [3] Shareholder Changes - Yanzhou Coal Mining Company intends to transfer 100% equity of its wholly-owned subsidiary Xintai Coal [4] - GoerTek increased its share repurchase fund from a minimum of 5 billion RMB to a minimum of 10 billion RMB, with a maximum of 15 billion RMB [4][5] Business Performance - China Mobile and China Telecom will be affected by the adjustment of the VAT tax category for telecom services, which will impact their revenue and profits [3][5] - Leshan Electric Power reported a year-on-year net profit growth of 3.68% for 2025 [5] Stock Price Movements - Jiamei Packaging's stock price surged by 408.11% from December 17, 2025, to January 23, 2026, leading to a trading suspension for investigation, with the stock resuming trading on February 2 [5] - Hunan Gold's stock experienced significant trading fluctuations, with uncertainty regarding the future market price of its gold products [7] - Hongbaoli's epoxy propylene comprehensive technology transformation project has entered the pre-production preparation stage, although there is uncertainty regarding the timeline for producing qualified products [8] Other News - Fushi Holdings' actual controller and chairman Chen Yongliang has been detained [9] - ST United received a notice from the Shanghai Stock Exchange to suspend the review of its application due to the need to update financial documents [9]
机器人概念牛股停牌核查结束 明日复牌|盘后公告集锦
Sou Hu Cai Jing· 2026-02-01 12:37
Company Announcements - Fenglong Co., Ltd. received a commitment from UBTECH not to inject assets into the company within 36 months after the acquisition, and the stock will resume trading on February 2 after the completion of the suspension investigation [2] - Jereh Group signed a sales contract for gas turbine generator sets worth 1.82 billion USD (approximately 12.65 billion RMB) with a U.S. client, marking the fourth such contract since November 2025 [4] - China Mobile announced that the adjustment of the VAT tax category for telecom services from 6% to 9% will impact the company's revenue and profits starting January 1, 2026 [5] - Aoshikan plans to invest 1.82 billion RMB in a high-end printed circuit board project, aiming to enhance product competitiveness and meet the growing demand in various markets [6] - Yanzhou Coal Mining Company intends to publicly transfer 100% equity of its wholly-owned subsidiary, Xin Tai Coal, with a base price of 670 million RMB [7] Share Buybacks and Changes - GoerTek increased its share buyback fund from a minimum of 500 million RMB to a minimum of 1 billion RMB, with a maximum of 1.5 billion RMB [8] - Quzhou Dongfeng's controlling shareholder proposed a share buyback plan of 50 million to 100 million RMB for employee stock ownership plans [9] - Chipone Technology's major shareholder plans to reduce its stake by up to 1.95% through block trades [11] Operational and Performance Updates - China Telecom and China Unicom both reported that the VAT adjustment will affect their revenues and profits starting January 1, 2026 [12][13] - Leshan Electric Power announced a net profit increase of 3.68% for the fiscal year 2025, with total revenue of 3.395 billion RMB, reflecting a 6.24% year-on-year growth [14] Stock Price Movements - Jiamei Packaging's stock price surged by 408.11% from December 17, 2025, to January 23, 2026, leading to a suspension for investigation, with the stock resuming trading on February 2 [15] - Tiandi Online confirmed that its operations are normal and there are no undisclosed significant matters after experiencing abnormal stock price fluctuations [16] - Hunan Gold expressed uncertainty regarding the future market prices of its gold products, which have recently seen significant increases [17] - Hongbaoli's epoxy propylene comprehensive technology renovation project has entered the pre-production preparation stage, although there is uncertainty regarding the timeline for producing qualified products [19] Other Notable Events - Fushi Holdings' actual controller and chairman, Chen Yongliang, has been detained, but the company's operations remain normal [20] - ST United received a notice from the Shanghai Stock Exchange to suspend the review of its application due to outdated financial documents [21]
移动联通电信同日公告
【#移动联通电信同日公告#】#三大运营商集体回应增值税率调整#电信服务增值税税目适用范围将调 整,三大运营商发布公告。1月31日,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》,明确了适用9%和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%和6%。今日,中国移动、中国联通及中国电信国内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。中国移 动2月1日公告,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》,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 ...