Core Insights - The event highlighted the integration of China Unicom's 5G-A network with marathon sports, aiming to enhance the experience for runners and spectators [1][3][5] Group 1: Event Overview - The first salon event of the 2025 Beijing Marathon Expo was successfully held, featuring discussions on the future of 5G-A network applications in marathon events [1] - Key participants included executives from China Unicom and Huawei, along with seasoned marathon enthusiasts and media representatives [1][3] Group 2: Technological Integration - China Unicom has been actively promoting the integration of technology and sports, providing marathon services in six cities this year [3] - The 5G-A network coverage along the marathon route exceeded 90%, with a 95% satisfaction rate for the 20Mbps upload speed standard [5] - The introduction of wireless AI smart boards allows for real-time identification of app usage, optimizing network resource allocation [5] Group 3: User Experience - Participants expressed high expectations for the network experience during the marathon, with plans to utilize high-speed connections for live streaming and content creation [6] - The 2TB capacity of Unicom's cloud storage facilitates easy uploading and management of media content for users [6] - The integration of smart home products and fitness solutions into daily life showcases the extensive reach of Unicom's services [6] Group 4: Future Prospects - China Unicom plans to explore further integration of 5G-A and AI technologies in sports and urban lifestyles, aiming to enhance service quality and user experience [7]

Core Insights - China Unicom is actively integrating technology with sports, particularly in the marathon sector, to enhance user experience and brand influence [1][2] - The company has deployed a 5G-A network along the Beijing Marathon route, achieving over 90% coverage and a 95% satisfaction rate for the 20Mbps uplink standard [1] - The introduction of AI-driven network management allows for optimized resource allocation based on the type of applications used by connected devices [2] Group 1 - China Unicom is collaborating with Huawei to provide advanced 5G-A network services for marathon events, enhancing connectivity for runners and spectators [1] - The company has launched the "5G-A Regional Acceleration Package," offering peak download speeds of up to 3Gbps and upload speeds of 300Mbps, enabling real-time social media sharing for runners [2] - Future plans include integrating NWDAF network elements into the 5G core network to improve operational efficiency and service quality [2] Group 2 - The Beijing Marathon is seen as a dynamic representation of the city, with China Unicom aiming to explore further applications of 5G-A and AI in sports and urban lifestyles [2] - The initiative is part of China Unicom's broader strategy to strengthen its brand as "innovative, secure, and trustworthy" in the context of digital transformation [1]

Core Insights - The 2025 World VR Industry Conference showcased China Unicom's innovative smart home solutions, emphasizing the integration of VR and AI technologies to enhance user experience in smart living environments [1][4] - China Unicom's "Smart Home" product, "Zhi Jia Tong Tong," offers comprehensive voice control and smart applications, catering to various family needs, including entertainment and education [2][4] - The "Unicom Watch Home" service utilizes advanced AI recognition technology to provide intelligent caregiving solutions for families, addressing the safety and monitoring needs of children and elderly [2][4] - The cloud-based products, including "Cloud Smart Phone" and "Unicom Cloud Disk," leverage cloud computing power to deliver seamless gaming and data storage experiences, enhancing user engagement [3][4] Summary by Category Smart Home Solutions - The "Zhi Jia Tong Tong" device integrates voice recognition and smart applications, supporting dialect recognition and providing features for elderly care and children's education [2] - "Unicom Watch Home" offers AI-driven monitoring solutions, including alerts for infant crying and activity tracking for elderly, enhancing family safety [2] Cloud and Gaming Innovations - The "Cloud Smart Phone" allows users to play high-demand games seamlessly through cloud computing, providing a console-like experience on mobile devices [3] - "Unicom Cloud Disk" ensures fast, secure data storage and includes AI features for photo enhancement and translation, catering to personal and family data needs [3] Technological Integration - The integration of 5G, AI, and cloud computing technologies supports the development of smart living scenarios, transforming conceptual ideas into practical applications [4]

Core Insights - China Unicom made its debut in the Middle East at the GITEX Global 2025, showcasing its upgraded international brand UniCom and emphasizing its transition from a "telecommunications service provider" to a "digital enabler" [2] Group 1: Digital Infrastructure - China Unicom highlighted its global digital information infrastructure, featuring over 60 international submarine cable systems that provide stable and efficient connectivity for global clients [3] - The company offers innovative products such as global dedicated lines, intelligent networking, and IP Transit to facilitate low-latency and high-stability digital channels for Chinese enterprises going abroad [3] Group 2: Cloud and Computing Services - In the cloud and computing services sector, China Unicom has established a "3+N+X" global resource system to enhance international computing supply capabilities [5] - The "Unicom Star Network" advanced computing scheduling platform 2.0 enables intelligent collaboration of massive computing clusters, supporting heterogeneous computing integration and standardized measurement transactions [5] - The "Smart Product Supermarket" has gathered over 150 intelligent products, providing convenient computing services and intelligent solutions to 360,000 enterprise clients [5] Group 3: IoT and AI Applications - China Unicom provides vehicle networking services for automotive companies, utilizing four global nodes for SIM card access and management, along with AI models to optimize design and usage predictions [5] - The company showcased its achievements in 5G and AI across various sectors, including smart manufacturing, logistics, and mining, demonstrating significant efficiency improvements [8] - The introduction of the U PLUS package offers a one-stop service for Chinese enterprises to expand into international markets, covering compliance, resource integration, and localization support [8] Group 4: Smart Applications and Digital Life - China Unicom launched innovative smart applications focusing on smart homes and digital lifestyles, creating a secure and intelligent home digital ecosystem [10] - The company has established a comprehensive global network for international roaming services, providing 5G and HD voice services in major countries and regions [10] Group 5: Cultural Innovation - A dedicated cultural innovation display area was set up to showcase unique cultural products, reflecting China Unicom's efforts to convey brand value and promote Chinese culture [11] - The "Smart Clothing" interactive experience area utilized the Yuanjing model to present traditional culture in a modern context, highlighting the integration of AI technology and cultural confidence [12]

Core Viewpoint - The article highlights the advancements in digital infrastructure and services by China Unicom in Changsha, focusing on the implementation of 5G-A technology and cloud-based solutions to enhance digital life and support various industries. Group 1: Digital Infrastructure Development - China Unicom has established over 15,000 mobile network base stations in Changsha, achieving a 99% 5G population coverage rate and 98% coverage in administrative villages [9][10] - The company is implementing 5G-A technology, with over 1,500 base stations testing carrier aggregation in high-traffic areas [9][10] - The 5G-A network has demonstrated significant performance improvements, with download speeds exceeding 4Gbps and upload speeds reaching 1Gbps in testing environments [10] Group 2: Cloud and AI Integration - China Unicom's cloud products, such as cloud computers and cloud storage, are designed to enhance user experience in various applications, including remote work and home security [13][14] - The company has launched the "Smart Kitchen Platform," which integrates AI technologies for efficient data annotation and has partnered with multiple industries for digital transformation [15][16] - AI applications developed by China Unicom, such as case assistants and policy assistants, are being utilized across various sectors, showcasing the company's capability in integrating AI with industry needs [16] Group 3: International Service Expansion - China Unicom is fostering international collaboration by signing strategic agreements with organizations in Africa and promoting digital services for local enterprises [17][18] - The company aims to create a "digital export ecosystem" to support local businesses in expanding globally while ensuring secure communication [17] - The emphasis on customer service is evident, with quick response times to international clients' needs, reflecting the company's commitment to a user-friendly service approach [18]

Core Viewpoint - China Unicom is actively integrating digital economy with real economy by enhancing customer service and launching various themed activities, notably the "Unicom Customer Day" which has received positive feedback [1][8]. Group 1: Customer Engagement Initiatives - China Unicom's Shandong branch launched over 40 themed activities focusing on public education, smart experiences, and interactive fun, embodying the mission of "People's Postal and Telecommunications for the People" [1]. - In Zibo, Unicom staff transformed into "safety instructors" for the elderly, educating them on new fraud tactics through relatable examples, which was well-received by participants [2]. - The "Customer Day" initiative serves as a bridge between the company and the community, aiming to enhance service quality and reach more households [8]. Group 2: Smart Home and Technology Experience - In Jinan, Unicom showcased smart home technology, allowing visitors to control devices via voice commands, which impressed attendees, especially children [4]. - The event featured various technology experience zones, including cloud services, where business customers noted significant efficiency improvements [4]. Group 3: Online and Offline Service Integration - Unicom's staff provided hands-on training for elderly customers on using smart devices, resulting in increased customer satisfaction and engagement [6]. - The company expanded its "Customer Day" activities to online platforms, achieving over 5,000 views in a single session and a 60% increase in offline inquiries [6]. - Feedback collection through surveys in various branches yielded over 120 actionable suggestions, reflecting customer trust and service expectations [6].

Financial Data and Key Metrics Changes - Operating revenue increased to JPY 386.89 billion, a 4.6% growth year-on-year [5] - Profitability reached JPY 20.6 billion, reflecting a 10.1% increase compared to the previous year [5] - Return on equity improved by 5.8% [5] - Total mobile and broadband subscribers reached 470 million, with IoT connections exceeding 620 million [5] Business Line Data and Key Metrics Changes - Uni Unicom cloud revenue grew by 17.1% to JPY 68.6 billion [6] - Data center revenue increased by 7.4% to JPY 25.9 billion [6] - Net contract value of Intelligent Computing business exceeded JPY 1 billion [6] Market Data and Key Metrics Changes - International business revenue rose to JPY 500 million, a 15.2% increase year-on-year [21] - Integrated subscribers reached 77%, with an integrated subscriber ARPU exceeding RMB 100 [19] Company Strategy and Development Direction - Focus on connectivity communications, computing, and digital smart appliances, emphasizing innovation and breakthroughs [4] - Continued investment in R&D with a 9.1% increase, aiming to enhance core capabilities [13] - Plans for 2025 include a CapEx of around JPY 55 billion, with a 28% year-on-year increase in computing power investment [24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in enhancing operational efficiency and brand image while creating more value for society and investors [25] - The company aims to deepen energy efficiency and utilize clean energy, contributing to corporate ESG responsibilities [22] Other Important Information - The company was included in the FTSE China A50 index, effective soon [23] - Dividend payout ratio increased by 5 percentage points, with a 20.1% rise in dividend payout [23][24] Q&A Session Summary Question: What are the expectations for future growth? - Management indicated that they anticipate continued growth in both domestic and international markets, with a focus on innovation and efficiency [24] Question: How is the company addressing ESG responsibilities? - The company highlighted its efforts in energy efficiency and clean energy usage, serving over 260,000 villages and 280 million users through digital platforms [22] Question: What are the plans for capital expenditure in 2025? - CapEx is expected to be around JPY 55 billion, with a significant portion allocated to computing power, reflecting a strategic focus on AI and important projects [24]

Core Viewpoint - China Unicom is embracing artificial intelligence (AI) as a transformative opportunity, expecting significant growth in revenue and profit in the coming years, particularly through increased investment in computing power [1][8]. Financial Performance - In 2024, China Unicom achieved operating revenue of 389.589 billion yuan, a year-on-year increase of 4.6% [3]. - The net profit attributable to shareholders was 9.029 billion yuan, reflecting a year-on-year growth of 10.5% [2][3]. - The company plans to distribute a total dividend of 0.1580 yuan per share for the year, a 19.7% increase compared to the previous year [4]. Business Segments - The revenue from connected communication services accounted for 76% of service revenue, up 1.5% year-on-year, while the smart network business contributed 24%, increasing by 9.6% [3]. - By the end of 2024, the user base reached 470 million for mobile and broadband services, with a net increase of 19.52 million users [3]. - The IoT connections exceeded 620 million, with a net increase of 130 million, and the vehicle networking connections reached 76 million, maintaining industry leadership [3]. Investment Strategy - In 2024, capital expenditure was 61.37 billion yuan, a decrease of 17% year-on-year, while computing power investment rose by 19% [6]. - The company plans to reduce capital expenditure further in 2025, with computing power investment expected to grow by 28% [1][6]. - China Unicom is also increasing R&D spending by 9.1% and has allocated special budgets for AI infrastructure and major projects [6]. AI Transformation - The company is focusing on upgrading its infrastructure to support AI, including enhancing IDC to AIDC and creating a collaborative computing resource layout [8]. - China Unicom aims to build high-quality data sets to support AI development and is actively engaging in the open-source ecosystem for large models [8]. - The company plans to promote intelligent applications to various industries, facilitating digital transformation [8]. Security Measures - China Unicom is developing an internal security system for AI, ensuring reliability and traceability across computing power, data, models, and application services [9].

Financial Data and Key Metrics Changes - Operating revenue reached ¥191.8 billion, an increase of 8.8% year on year [5] - Net profit reached ¥12.4 billion, up 13.1% year on year, marking a double-digit increase for seven consecutive years [5] - Return on net assets reached a new high of 3.6% [6] - Capital expenditure amounted to ¥27.6 billion, primarily for building 5G networks and broadband [6] Business Line Data and Key Metrics Changes - Large connection subscriber base reached 928 million, with a net increase of 8.66 million subscribers [11] - Mobile business subscribers exceeded 328 million, with net additions of 5.34 million, the highest in four years [11] - Fixed line broadband subscribers reached 108 million, with net additions exceeding 4 million [13] - IoT business revenue was ¥5.4 billion, up 24% year on year [13] - Unicom Cloud revenue reached ¥25.5 billion, up 36% year on year [14] - Big Data business revenue was ¥2.9 billion, up 54% year on year [14] Market Data and Key Metrics Changes - International business revenue reached ¥5.5 billion, up 21% year on year, covering 264 countries and regions [18] - The company established roaming cooperation with 635 carriers, enhancing its international product offerings [19] Company Strategy and Development Direction - The company focuses on deepening strategic planning and integrating current operations with long-term development [5] - Emphasis on innovation-driven growth and embracing the digital economy [10] - Plans to enhance core competitiveness and achieve steady growth in service revenue and net profit [26] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving double-digit growth in net profit and enhancing return on net assets [26] - The company aims to contribute to the modernization of China while rewarding shareholders [25] Other Important Information - The interim dividend was set at ¥0.203 per share, a 23% year-on-year increase [25] - R&D investment intensity reached 2.94%, with a 70% year-on-year increase in patents [20] Q&A Session Summary Question: What are the future growth strategies for the company? - The company will promote coordinated development of basic and emerging business segments to enhance core functions and competitiveness [26] Question: How does the company plan to maintain its market leadership? - The company will leverage its advantages in data concentration and intensive operation to enhance its market share [15]