中国移动(00941) - 2023 - 年度财报

Financial Performance - The company achieved a basic earnings per share of HKD 2.4002 for the fiscal year 2023, with a total dividend of HKD 4.830, reflecting an increase from HKD 4.410 in 2022[19]. - The total revenue for 2023 was RMB 1,009.309 billion, reflecting a significant increase from RMB 812.058 billion in 2022[189]. - The company plans to distribute over 70% of its profits to shareholders in cash for the year 2023[70]. - The board of directors proposed a full-year dividend payout ratio of 71%, with a final dividend of HKD 2.40 per share, resulting in a total annual dividend of HKD 4.83 per share, an increase of 9.5% compared to 2022[107]. Sustainability and Environmental Initiatives - The company has built 86,000 ultra-simple 5G base stations, with energy efficiency per new large data center dropping to below 1.32 PUE, and a 9% year-on-year improvement in energy efficiency for new single stations[3]. - The clean energy supply capacity has reached 21 million peak watts, enhancing the company's commitment to green development[3]. - The company has reduced paper usage by 130 million sheets through a 99.9% paperless procurement rate, resulting in a carbon emission reduction of 260 tons[3]. - The company has enabled a reduction of approximately 310 million tons of greenhouse gas emissions through its green technology initiatives[3]. - The company plans to continue its sustainable development initiatives, including the establishment of a sustainability committee under the board of directors starting January 1, 2024[8]. - A sustainable development committee was established on January 1, 2024, to oversee corporate social responsibility and sustainability goals[66]. Corporate Governance - The company maintains a strong focus on corporate governance, ensuring transparency and effective communication with shareholders and stakeholders[7]. - The board discussed the company's corporate governance report in 2023, focusing on compliance with legal regulations[29]. - The company has implemented a director nomination policy to ensure suitable candidates are appointed to the board[25]. - The company has committed to continuously improving its corporate governance practices to meet shareholder expectations and ensure long-term sustainable development[127]. - The company received confirmation of independence from independent non-executive directors, affirming their compliance with independence requirements[41]. - The board consists of independent non-executive directors who review the board's structure and composition annually[66]. Audit and Internal Controls - The audit committee held 6 meetings in 2023, with a notable attendance rate, and met with external auditors 3 times, including 1 meeting without executive directors present[34]. - The audit committee approved the audited financial statements for the year ending December 31, 2022, and the profit distribution plan for 2022, along with the interim dividend for 2023[35]. - The internal audit department conducts independent audits across all business units and reports directly to the audit committee four times a year[140]. - The internal audit plan includes financial audits, internal control audits, and risk assessments, ensuring compliance with relevant regulations[141]. - The company has maintained effective internal controls over financial reporting, with no significant deficiencies identified as of December 31, 2023[123]. - The company has established a comprehensive internal audit framework to address risks and improve audit oversight, focusing on key business transformation areas[143]. Talent Development and Workforce - The company emphasizes the importance of talent development as a core competitive advantage, implementing various employee welfare programs[2]. - The company has a total employee count of 451,830, with female employees making up 52.3% of the workforce[97]. - The company aims to strengthen its talent pool with over 5,000 provincial-level experts and more than 10,000 outstanding engineers in key technology areas[151]. - The company has implemented a comprehensive incentive system to drive performance growth, focusing on "two breakthroughs and four enhancements" development goals[152]. - The workforce has been optimized with over 28,000 digital employees developed to enhance productivity in key business areas[153]. Innovation and Technology - The company successfully developed the first domestic reconfigurable 5G RF transceiver chip "Breaking Wind 8676" in August 2023[198]. - The company launched the "BASIC6" scientific innovation plan to stimulate innovation momentum in October 2023[198]. - The company aims to build a smart auditing ecosystem and enhance audit quality through AI and innovative practices in 2024[143]. Shareholder Engagement and Transactions - The company reported a year-on-year increase in interim profit distribution approval rate of 99.9906% at the annual general meeting held on May 24, 2023[21]. - The general authorization for the board to issue and handle Hong Kong shares was expanded based on the number of repurchased shares, with an approval rate of 96.9777%[22]. - The company received 99.9959% approval for a related party transaction agreement with China Tower Corporation[67]. - The company has not entered into any significant transactions or arrangements with its directors or related entities during the year[131]. Financial Management and Fund Utilization - The total amount raised from the issuance of RMB shares is RMB 51,981,373,781.86, with a net amount of RMB 51,373,879,467.74 after deducting issuance costs[80]. - As of December 31, 2022, the company has invested approximately RMB 42.917 billion of the raised funds, with RMB 8.457 billion remaining uninvested[80]. - For the fiscal year ending December 31, 2023, the company has invested approximately RMB 6.654 billion of the raised funds[80]. - The company aims to utilize the raised funds for projects related to 5G network construction, cloud infrastructure, and new generation information technology research and development[80]. - The company has not experienced significant changes or delays in the planned use of the raised funds as disclosed in previous announcements[99].