China Unicom (hong Kong) Limited · HKEX:762
China Unicom (hong Kong) — H1 2025 Earnings Presentation
23 slides from China Unicom (hong Kong)'s earnings presentation, Aug 12, 2025
Slide 1: 2025 Interim Results
2025 Interim Results 12 August 2025 China Unicom (Hong Kong) Limited 762.HK
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements contained in this presentation may be viewed as “forward-looking statements”. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results
Slide 3: Overall Results
Overall Results
Slide 4: Steady Growth in Operating Results
Steady Growth in Operating Results Operating revenue Service revenue Profit before income tax (RMB bil ) (RMB bil ) (RMB bil ) 200.2 178.4 197.3 175.7 17.8 16.9 191.8 171.0 15.3 轻量化5GC 轻量化5GC 13.4 轻量化5GC 176.3 161.0 1H 2022 1H 2023 1H 2024 1H 2025 1H 2022 1H 2023 1H 2024 1H 2025 1H 2022 1H 2023 1H 2
Slide 5: Optimising Business Structure
Optimising Business Structure Service revenue mix Two main businesses Connectivity and Computing and Digital Communications (CC)1 Smart Applications (CDSA) 2 26% 轻量化5GC 1pp RMB 131.9 bil RMB 45.4 bil 0.4% 4.3% CDSA CC Key businesses International business Strategic Emerging Businesses as % of
Slide 6: Highlights
Highlights 1 CC business made steady progress 2 CDSA business delivered enhanced quality High-quality development 3 International business accelerated expansion Stronger foundation Greater momentum Better quality 4 Network investment achieved higher efficiency 5 Technological innovation continuously
Slide 7: CC - Actively Expanding Subscriber Base
CC - Actively Expanding Subscriber Base Net increase in mobile and broadband subscribers Mobile and broadband (mil) 11.19 Total mobile and broadband 9.51 9.61 subscribers Broadband 8.67 subscribers Fixed-line 6.79 轻量化5GC 480 mil local access subscribers 1H net addition reached a new high in recent y
Slide 8: CC - Effective Enhancement of Subscriber Value
CC - Effective Enhancement of Subscriber Value “Dual-Gigabit”1 subscriber ratio 轻量化5GC 50% Broadband Terminals >77% Mobile Cloud-AI products2 subscribers 轻量化5GC 270 mil Net addition of >20 mil Integrated subscriber penetration rate Privileges Integrated RMB >100 Cloud AI business ARPU 轻量化5GC Notes:
Slide 9: CC - Enhancing Service Quality
CC - Enhancing Service Quality Continuously Rising Customer satisfaction Enhanced channel service capabilities 轻量化5GC 10,000 Stores Terminal Refined Revamp Cooperation Operations AI-powered customer service 84% 轻量化5GC 99% Smart customer service ratio Issue resolution rate 8 2023年度业绩
Slide 10: CDSA – Strong Momentum in Computing Power Business
CDSA – Strong Momentum in Computing Power Business AI integration Data centre Accelerated development Mega 10k-chip cluster Unicom Cloud1 revenue management capability Data centre revenue (RMB bil) (RMB bil) 60% AIDC contract value 37.6 14.4 signed in 1H 35.9 Computing-network integration 轻量化5GC D
Slide 11: CDSA - Accelerated Growth of Intelligence Services
CDSA - Accelerated Growth of Intelligence Services Dataset Trusted Data Spaces Industry dataset Unleash the value of 34 Enhance model >400T trusted data accuracy LLM Multi-model 30+ 轻量化5GC Industry 40 Self-developed language, empowerment Industry large models for voice and video multi- industrial, h
Slide 12: CDSA - Empowering Industry-wide Upgrade
CDSA - Empowering Industry-wide Upgrade Becoming a digital service provider with deeper industry expertise Industrial 7,500 ...... >50k Internet 5G factories Automobile Steel Electronics 5G application projects implemented Smart 2,000+ 轻量化5GC ...... healthcare Healthcare Healthcare Medication Hospit
Slide 13: International Business Accelerated Expansion
International Business Accelerated Expansion Global Intelligent >280 >400 Networking No. of global cloud No. of global data Leading in scale service providers centres connected served 轻量化5GC Global computing power deployment Building benchmark projects Established 5 new overseas intelligent Smart ma
Slide 14: Network Investment - Precise & Efficient CAPEX
Network Investment - Precise & Efficient CAPEX CAPEX Precise construction & intelligent network management (RMB bil) 73.9 Annualised OPEX savings Strive to build 61.4 55.0 ultra-lean network nearly RMB 1 bil 轻量化5GC 27.6 23.9 IDC resource utilisation -15% 20.2 Continuously >70% enhance investment eff
Slide 15: Network Investment – New Upgrade in Network Capabilities
Network Investment – New Upgrade in Network Capabilities Capability upgrade of Innovative supply of Robust backbone broadband and mobile networks computing power network network connectivity Mobile network population coverage IDC capacity reserve Elastic and >99% AI-ready DC 2,650MW 200k km “New Eig
Slide 16: Technological Innovation Continuously Strengthened
Technological Innovation Continuously Strengthened 2024 Central State-owned Enterprises Excellent Technological Innovation Enterprise Talent pool Proportion of technological No. of technological personnel innovation talents >40% 47k Innovation system 1H2025 轻量化5GC R&D expenditure • China Unicom Next
Slide 17: Actively Fulfilling Corporate ESG Responsibilities
Actively Fulfilling Corporate ESG Responsibilities Most Committed to ESG Most Honored Sustainable Asia Award Telecom Company FinanceAsia Corporate Governance Asia Asia's Best Managed Companies Poll Extel (formerly Institutional Investor) 15th Asian Excellence Award 2025 2025 2025 Asia Executive Team
Slide 18: High Regard for Shareholder Returns
High Regard for Shareholder Returns Interim dividend per share (RMB) 60% High Regard for Shareholder Returns 0.2841 14.5% 0.2481 YoY growth of DPS 0.203 The Board of Directors resolved to distribute an interim dividend of RMB 0.2841 per share (before tax). 0.165 1H2022 1H2023 1H2024 1H2025 17 2023年度
Slide 19: Full-year Outlook
Full-year Outlook High-quality achievement of full-year operating results targets Sound conclusion of the “14th Five Year Plan” AI services Digital-real integration To increase investment in strategic emerging businesses such as AI Full-year CAPEX: around RMB 55 billion 实现数据采集、标注、开发、流通的智能化运营 AI Infr
Slide 20: Financial Performance
Financial Performance
Slide 21: Effective Cost Control
Effective Cost Control (RMB mil) 1H 2025 Yoy change Total operating expenses 186,285 0.9% The growth rate is lower than the 1.5% growth of operating revenue Include: Interconnection charges 5,467 -0.2% Depreciation and amortisation Mainly benefited from continuous enhancement in investment efficienc
Slide 22: Continuously Strengthened Ability to Counter Financial Risks
Continuously Strengthened Ability to Counter Financial Risks Interest-bearing liabilities Liabilities-to-assets ratio (RMB bil) 41.21 45.8% 43.7% -XXX% -11% 36.84 -XXpp -2.1pp 2024.12 2025.6 2024.12 2025.6 21 2023年度业绩
Slide 23: Thank You!
Thank You!
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