Core Insights - China Unicom (Europe) has established a significant milestone with the unveiling of its European Technology Support Center in Budapest, Hungary, marking its first large-scale regional technical support platform overseas [1][2] - The center aims to leverage China Unicom Group's strengths in computing power, cloud networks, data, and AI engineering to enhance network and localized service capabilities in Hungary and Central Eastern Europe [1] - The initiative is part of a broader strategy to support Chinese enterprises operating in Europe and contribute to the high-quality development of the Belt and Road Initiative and China-Europe connectivity [1] Group 1 - The European Technology Support Center will facilitate open cooperation with local operators, industry partners, and business associations, providing intelligent solutions for Chinese enterprises and local clients [1] - China Unicom is actively introducing technologies such as artificial intelligence and industrial internet into Europe, aiming to create AI-capable smart factories and promote Chinese manufacturing overseas [1] - Hungary is identified as a strategic hub for high-end manufacturing for Chinese enterprises, with the center serving as a strategic bridge for integrated pre-sales, delivery, and operation services [1] Group 2 - The Deputy General Manager of Bank of China Hungary Branch highlighted that Central Eastern Europe is becoming a key area for Chinese enterprises' investments, with increasing demands for communication connectivity, data processing, and information security [2] - The establishment of the technology support center is seen as a practical measure to enhance the service system in Europe and support the real economy, particularly benefiting sectors like manufacturing, energy, transportation, cross-border e-commerce, and financial services [2] - Presentations at the event showcased comprehensive information service capabilities tailored for high-end manufacturing, smart parks, smart logistics, digital finance, and research education, fostering in-depth exchanges with attendees [2]

Financial Performance - The company's revenue for the first half of the year reached RMB 200.2 billion, showing a steady increase compared to RMB 197.3 billion in the same period last year [1] - Total profit amounted to RMB 17.7 billion, reflecting a year-on-year growth of 5.2% [1] - Net profit attributable to shareholders was RMB 6.35 billion, up from RMB 6.04 billion year-on-year [1] - The net cash flow from operating activities was RMB 29.3 billion, slightly down from RMB 30.1 billion in the previous year [1] User and Service Growth - The company surpassed 1.2 billion connected users, with net additions of over 11 million mobile and broadband users, reaching a total of 480 million [2] - The number of IoT connections increased by over 60 million, totaling 690 million, with 86 million in the automotive sector [2] - 50% of users opted for "dual-gigabit" services, and the penetration rate of integrated services exceeded 77% [2] Business Segments and Innovations - The smart network business achieved significant growth, with cloud revenue reaching RMB 376 billion [2] - The data center revenue was RMB 144 billion, marking a 9.4% increase year-on-year, with a 60% growth in AIDC contract value [2] - The company has established over 30 trusted data spaces and developed more than 100 AI intelligent agents [2] International Expansion - The company rebranded its international operations as UniCom, collaborating with over 600 global operators and 1,000 industry partners [3] - New international smart computing centers were established, enhancing the global innovation network [3] - The company is involved in several benchmark projects across ASEAN, the Middle East, Africa, and Europe [3] Network Investment and Infrastructure - Capital expenditure was RMB 20.2 billion, a 15% decrease year-on-year, with significant savings in operational expenses [3] - The company upgraded its mobile and broadband networks, achieving a data center capacity of 2,650 MW and a total computing power of 30 EFLOPS [3] - The backbone optical cable network expanded to 200,000 kilometers, with a 23% increase in international submarine cable capacity [3]