Shang Hai Zheng Quan Bao·2025-04-17 19:05Core Viewpoint - China Unicom reported a significant milestone in Q1 2025, achieving over 100 billion yuan in revenue for the first time in its history, with a year-on-year revenue increase of 3.9% and a net profit increase of 6.5% [1] Group 1: Financial Performance - The company achieved operating revenue of 103.35 billion yuan in Q1 2025, marking a 3.9% year-on-year increase [1] - Net profit attributable to the parent company reached 2.61 billion yuan, reflecting a 6.5% year-on-year growth [1] - The number of mobile users increased by 4.78 million, totaling 349 million users, while IoT connections reached 663 million, with a net increase of 38.4 million [1] Group 2: Business Development - Revenue from data centers amounted to 7.22 billion yuan, up 8.8% year-on-year, driven by the intelligent transformation of data centers [1] - The company has implemented 30,000 "5G + Industrial Internet" projects and over 7,500 5G factories, promoting large-scale 5G applications [1] - Cloud revenue reached 19.72 billion yuan, showing an approximate 18% year-on-year growth [1] Group 3: Strategic Initiatives - China Unicom's strategy focuses on "three new directions": new networks, new technologies, and new services, which have shown significant results [1][2] - The company has built over 1.44 million 5G mid-frequency base stations and over 2 million 4G mid-frequency shared base stations [2] - R&D expenses increased by 6.7% year-on-year, enhancing the company's internal capabilities and technological strength [2] Group 4: User Connectivity - As of the end of Q1, the total number of connected users reached 1.182 billion, with 5G users totaling 204 million and IoT terminal connections at 663 million [2] - The number of 5G industry virtual private network service customers reached 17,941, serving as a core platform for providing high-quality network services to industry users [3] Group 5: Future Goals - China Unicom aims to continue implementing its integration innovation strategy, focusing on enhancing innovation capabilities, optimizing business structure, and improving operational efficiency [3] - The company is committed to achieving substantial growth in revenue, profit, and return on net assets in 2025, creating greater value for shareholders, customers, and society [3]