China Unicom(SH:600050) Xin Lang Cai Jing·2025-08-07 07:14Core Viewpoint - China Unicom is focusing on enhancing its cloud services and digital infrastructure to support the national digital economy strategy, with significant revenue growth in cloud products and data centers [2][9]. Financial Performance - For the first quarter of 2025, China Unicom reported a revenue of RMB 1,033.54 billion, a year-on-year increase of 3.88%, and a net profit attributable to shareholders of RMB 26.06 billion, up 6.50% year-on-year [9]. - The company has distributed a total of RMB 355.36 billion in dividends since its A-share listing, with RMB 124.27 billion in the last three years [10]. Business Strategy - The company aims to integrate cloud and network services, creating a comprehensive and secure computing network to meet diverse digital demands, positioning itself as a key player in the digital economy [2][8]. - China Unicom is actively participating in the national "East Data West Computing" project, enhancing its service capabilities in data centers and cloud computing [2][3]. Market Activity - On August 7, China Unicom's stock rose by 0.19%, with a trading volume of RMB 9.74 billion and a market capitalization of RMB 1,672.65 billion [1]. - The stock has seen a net outflow of RMB 46.06 million from major investors, indicating a reduction in holdings over the past few days [4][5]. Shareholder Information - As of March 31, 2025, the number of shareholders increased to 592,600, with an average of 51,921 shares held per shareholder, reflecting a decrease of 10.64% [9]. - Major shareholders include Hong Kong Central Clearing Limited and various ETFs, with some increasing and others decreasing their holdings [10].