Core Viewpoint - The leadership of China Mobile has undergone a significant change with the appointment of Chen Zhongyue as the new Chairman and Party Secretary, replacing Yang Jie, who served for six and a half years [1][3]. Group 1: Leadership Transition - Yang Jie, who has been in charge since March 2019, oversaw substantial revenue growth during his tenure, with China Mobile's revenue increasing from 745.9 billion yuan in 2019 to 1.041 trillion yuan in 2024 [1]. - Chen Zhongyue, the new Chairman, has extensive experience in the telecommunications industry, having previously held positions at China Telecom and China Unicom [5][6]. Group 2: Financial Performance - In the first three quarters of this year, China Mobile reported a revenue of 794.7 billion yuan, a year-on-year increase of 0.4%, and a net profit of 115.4 billion yuan, up 4.0% [1]. - The company has also seen growth in its mobile customer base, reaching a total of 1.009 billion customers, with 622 million being 5G network users [2]. Group 3: Business Growth and Strategy - China Mobile's fixed broadband customers reached 329 million, with a net increase of 14.2 million in the first three quarters [4]. - The company is focusing on digital transformation, particularly in AI and computing power, aiming to enhance its service offerings and operational efficiency [5][6].