智通财经网·2025-08-12 08:49Core Insights - China Unicom reported a mid-year revenue exceeding RMB 200 billion, with a year-on-year growth of 1.5% [1] - The company's pre-tax profit reached RMB 17.8 billion, reflecting a 5.1% increase year-on-year [1] - Earnings attributable to equity holders amounted to RMB 14.484 billion, up 5.01% year-on-year, with earnings per share at RMB 0.47 and an interim dividend of RMB 0.2841 per share proposed [1] Financial Performance - Operating cash flow for the first half of 2025 was RMB 29 billion, while capital expenditure was RMB 20.22 billion [1] - As of June 30, 2025, the company's debt-to-asset ratio stood at 43.7% [1] Business Structure and Growth - The revenue from connected communications reached RMB 131.9 billion, while smart network revenue was RMB 45.4 billion, accounting for 26% of total revenue [1] - International business revenue grew by 11% to RMB 6.8 billion, and revenue from strategic emerging industries increased to 86%, becoming a new driver for high-quality development [1] User Growth and Network Development - The total number of connected users surpassed 1.2 billion, with net additions of over 11 million mobile and broadband users, marking a record high for the same period [1] - The number of IoT connections increased by over 60 million, totaling 690 million, with 86 million in the automotive IoT sector, reinforcing the company's leading position [1] Operational Efficiency - The company achieved significant results in precise network construction and intelligent network management, with capital expenditure decreasing by 15% year-on-year to RMB 20.2 billion [2] - The implementation of a simplified network is progressing, leading to an annual OPEX savings of nearly RMB 1 billion, and data center resource utilization exceeding 70% [2] - The company emphasizes high-standard construction and efficient operations, enhancing network layout, capability, and security [2]