On March 11, China United Network Communications Limited(600050) released the 2021 annual performance report of A-share company. The report shows that in 2021, the growth rate of China United Network Communications Limited(600050) revenue reached an eight-year high, the profit scale increased rapidly, and a good new start of the 14th five year plan was achieved. In 2021, the company achieved an operating revenue of 327.9 billion yuan, a year-on-year increase of 7.9%; The main business income reached 296.2 billion yuan, a year-on-year increase of 7.4%, an increase of 3.1 percentage points over the whole year of 2020; The total annual profit reached 17.8 billion yuan, and the net profit attributable to the parent company reached 6.31 billion yuan, a year-on-year increase of 14.2%, an increase of 3.4 percentage points over the whole year of 2020; EBITDA reached 96.1 billion yuan, an increase of 2.3% over last year.
The company has actively practiced green and low-carbon development and achieved remarkable results in Network Co Construction and sharing. In 2021, the company's capital expenditure was 69 billion yuan, lower than the annual guideline of 70 billion yuan, and the investment efficiency was further improved. The annual free cash flow continued to be abundant, reaching 43 billion yuan, and the financial strength was further consolidated.
The company attaches great importance to shareholder returns. After giving full consideration to the company's good business development and strong free cash flow, the board of directors proposed to pay an annual final dividend of RMB 0.0391 per share (tax included), together with the paid interim dividend of RMB 0.0488 per share (tax included), the annual dividend amounted to RMB 0.0879 per share (tax included), an increase of 31.4% year-on-year. In the future, the company will continue to strive to improve profitability and shareholder returns.
In 2021, facing the complex and severe internal and external environment, China United Network Communications Limited(600050) grasp the general trend of digital transformation of economy and society, grasp new opportunities, embrace new changes and achieve new development, and upgrade the new strategy of "strengthening the foundation, adhering to integrity and innovation, integration and opening-up", Clarify the new positioning of "national team of digital information infrastructure operation and service, main force of Digital China's smart society construction, and vanguard of digital technology integration and innovation", focus on the five main responsibilities and main industries of "big connection, big computing, big data, big application and big security", and make full efforts to the main channel of digital economy. Over the past year, the company's business situation has improved steadily, the economies of scale have achieved breakthroughs, the key businesses have made steady progress, the innovation ability has been effectively enhanced, the reform vitality has continued to glow, the operation efficiency has been significantly improved, and the company's high-quality development has jumped to a new level.
Looking forward to 2022, Liu Liehong, China United Network Communications Limited(600050) chairman, said: "2022 is the starting year for China United Network Communications Limited(600050) to fully implement the new strategic plan. China United Network Communications Limited(600050) will continue to fully implement the new development concept, serve to build a new development pattern, promote high-quality development, focus on the construction of 'network power, digital China and smart society', take the implementation of the company's' 1 + 8 + 2 'strategic planning system as the main line of work, focus on five main responsibilities and main businesses, and maintain growth , optimize the network, focus on reform, improve ability, strengthen coordination and prevent risks, so as to create greater value for shareholders, customers and society. "
value operation, scale development, mobile business to a new level
The company takes value management as the top priority of business development. Closely following the development trend of 5g consumption digitization, online and integration, the company continues to deepen 5g leadership and drive the double improvement of mobile business value and scale. The company adheres to the fine operation, deepens the precise slicing and classification of users, and speeds up the promotion of stock users, especially medium and high-end users, to 5g; Improve the digital operation system and drive intensive and platform based intelligent operation with innovation; Continuously optimize the channel layout and make the new channel system of Wuxi Online Offline Communication Information Technology Co.Ltd(300959) integration more robust; Accelerate the innovation and iteration of basic business products, strengthen the cooperation of product content and rights, and more than 10 million video RBT and communication assistant users; Cooperate with industry friends and upstream and downstream of the industrial chain to actively carry out 5g message friendly user experience and explore a new blue ocean of 5g ecology.
In 2021, the main business income of mobile reached 164.1 billion yuan, a year-on-year increase of 4.8%; The net increase of mobile billing users reached 11.3 million, significantly better than the net decrease of 12.66 million in 2020. The user value continued to optimize, and the ARPU of mobile users reached 43.9 yuan, a year-on-year increase of 4.3%. 5g business accelerated, with 155 million 5g package users, and the penetration rate of 5g package users exceeded the industry average, reaching 48.9%.
"three trillion" integrated development, fixed line broadband running out of acceleration
With 5g leading the integration of "three trillion" as the core, the company promotes the integrated development of broadband mobile. Facing the "three trillion" upgrading opportunity period of 5g, broadband and Wi Fi, the company firmly grasped the technology upgrading window, took the "whole network integration" of connection, platform and application as the main strategy, consolidated the wide mobile integration base, met the needs of consumption scenario, intelligence and diversification, and systematically promoted the development of broadband and smart home business.
In 2021, the company's fixed line broadband access revenue increased by 5.2% year-on-year, reaching 44.8 billion yuan; The annual net increase of fixed line broadband users was 8.95 million, reaching a total of 95.05 million. The annual net increase of users reached a record high of the company; The broadband access ARPU basically remained stable, reaching 41.3 yuan, and the value operation based on scale achieved remarkable results; The penetration rate of converged services among fixed line broadband users reached 71.5%, an increase of 7.4 percentage points year-on-year.
build a high-quality network and consolidate the cornerstone of high-quality development
The company takes strengthening the construction of high-quality network as a key link related to the whole strategic area. The company focuses on building new digital information infrastructure capabilities and technological competitive advantages, adheres to deepening network innovation, strengthens network capability guarantee, and maintains the industry-leading average delay of backbone network. Through multiple measures such as network simplification, independent operation, co construction and sharing, AI application and fine management, the network operation efficiency has been continuously improved. In 2022, the company will continue to build 5g high-quality network, Gigabit broadband high-quality network, government enterprise high-quality network and high-quality computing network, promote intelligent network operation and further build the cornerstone of high-quality development of the company.
innovative business releases kinetic energy and makes breakthroughs in intelligent operation
The company perseveres in the field of innovation and lays a solid foundation for the five major tracks with the base of "Yunda Wuzhi chain". The company adheres to innovation driven, unswervingly tilts the allocation of resources to innovative talents, increases investment intensity, tamps the basic capacity platform, continues to strengthen the supply of self-developed products in the fields of digital government, smart city, industrial Internet, medical health, ecological environment and so on, greatly improves the autonomy of key core competencies, and achieves a breakthrough in the level of integrated application.
During the year, the company increased its investment in scientific research. The R & D expenses increased by 61.7% year-on-year, the proportion of scientific and technological innovation personnel reached 22%, and the number of authorized patents reached 1128, a significant increase of 120% year-on-year. The company led the localization and replacement of high-precision time-frequency synchronization chips for the first time, breaking the foreign monopoly on relevant technologies and providing reliable and low error time reference accuracy for 5g network.
In 2021, the industrial Internet business revenue increased by 28% year-on-year to RMB 54.8 billion, accounting for 19% of the overall main business revenue.
Driven by the good growth of innovative business, the main business income of the company's fixed network reached 129.6 billion yuan, a year-on-year increase of 10.9%.
The company adheres to innovative operation to drive business development, and digital transformation continues to be promoted. During the year, "Unicom smart brain" was released, and the core business system, customer system, smart console, big data and digital base were 100% intensive. Adhere to the "platform + application" architecture and consolidate the core competence of the "five middle platforms" of the public, government and enterprises, data, network and management. Intelligent customer service realizes the personalized service of "better understanding of customers", and intelligent service accounts for 80%. The company's process governance has been continuously strengthened, the effect of agile empowerment has been shown, and the supporting capacity of the whole production scenario has been greatly improved.
industry ecology continues to improve, jointly build, share and expand space
Taking the construction of 5g and other new digital information infrastructure as an opportunity, the company continues to promote co construction and sharing. The company continues to work closely with China Telecom Corporation Limited(601728) to open 310000 new 5g base stations. The two sides have opened 6900005g base stations in total, and built the world's largest 5g co construction and sharing network. The scale of 4G sharing further broke through, and both sides shared 6 Guangzhou Baiyun International Airport Company Limited(600004) G base stations. Through the joint construction and sharing of 4G / 5G network, the company actively contributes to the dual carbon goal of "carbon peaking and carbon neutralization", which is expected to save more than 17.5 billion kwh of electricity and 6 million tons of carbon dioxide annually, and save more than 210 billion yuan of investment for both sides. At the same time, the company is committed to further expanding the depth and breadth of co construction and sharing, promoting cooperation and sharing in cloud network integration fields such as scientific and technological innovation and IDC, and promoting the co construction, sharing and common excellence of transmission lines, pipelines and optical cables, computer room sky, distribution system infrastructure and key business platforms.
The company takes the initiative to actively promote strategic cooperation with national ministries and commissions, local governments, enterprises and institutions, deepen the breadth and depth of open cooperation, and serve the digital transformation of economy and society; Actively build an ecological cooperation circle with war investment partners, industry friends, system manufacturers, technology companies and social forces, and jointly promote value creation with the industry; Strengthen the management of equity investment, expand the industrial field by means of equity participation and M & A, and help the growth of the income scale of the main industry; Rely on the investor platform of "direct investment + fund + incubation" to lay out in the field of innovation and promote the ecology of open cooperation.
