CHINA UNICOM(HK:00762)2025-03-18 15:02Financial 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]