Xin Lang Cai Jing·2026-02-01 19:22Core Viewpoint - The adjustment of the VAT tax category for telecommunications services in China will impact the revenue and profit of China Telecom, as the applicable VAT rate changes from 6% to 9% starting January 1, 2026 [1] Group 1: Tax Adjustment Impact - The Ministry of Finance and the State Administration of Taxation in China announced that from January 1, 2026, the tax category for services such as mobile data, SMS, multimedia messaging, and internet broadband access will change from value-added telecommunications services to basic telecommunications services [1] - The corresponding VAT rate will increase from 6% to 9%, which is expected to affect the company's financial performance [1] Group 2: Strategic Response - In response to the tax changes, the company will implement a comprehensive strategy focused on cloud transformation and digital intelligence, accelerating the development of technology-driven enterprises [1] - The company aims to promote an integrated intelligent cloud service model that combines computing power, platforms, data, models, and applications, thereby fostering new growth drivers and enhancing operational efficiency [1]