Company code: China United Network Communications Limited(600050) company abbreviation: China United Network Communications Limited(600050) China United Network Communications Limited(600050)
Summary of annual report 2021
Section I important notes 1 the summary of this annual report is from the full text of the annual report. In order to fully understand the company’s operating results, financial status and future development plan, investors should go to www.sse.com com. cn.、 www.chinaunicom-a.com. The website carefully reads the full text of the annual report. 2. The board of directors, the board of supervisors and the directors, supervisors and senior managers of the company guarantee the authenticity, accuracy and completeness of the contents of the annual report, and there are no false records, misleading statements or major omissions, and bear individual and joint legal liabilities. 3. All directors of the company attend the board meeting. 4 Deloitte Touche Tohmatsu (special general partnership) has issued a standard unqualified audit report for the company. 5. The profit distribution plan or the plan of converting accumulation fund into share capital in the reporting period adopted by the resolution of the board of directors
The profit distribution plan for the reporting period considered by the board of directors of the company is as follows: the company holds the equity of China United Network Communications (Hong Kong) Co., Ltd. (hereinafter referred to as “Unicom red chip company”) through China United Network Communications Limited(600050) (BVI) Co., Ltd. according to the articles of association, the cash from dividends from Unicom red chip company shall be deducted from the daily cash expenses of the company After taxes and various accumulation funds that should be withdrawn according to laws and regulations, they shall be fully distributed to shareholders in cash.
On March 11, 2022, the board of directors of China Unicom red chip company proposed to pay the final dividend of 2021, with a dividend of 0.096 yuan per share. If approved by the annual general meeting of shareholders of China Unicom red chip company, the company is expected to receive a dividend of about RMB 1.291 billion calculated according to the shareholding ratio. According to the articles of association, after receiving such dividends, after deducting the company’s daily expenses and taxes of about 25 million yuan, deducting the statutory reserve of about 127 million yuan in 2022, and adding the company’s profit available for distribution to shareholders of 60 million yuan at the end of 2021, the profit available for distribution to shareholders is about 1.199 billion yuan. According to the detailed rules for the implementation of share repurchase by listed companies of Shanghai Stock Exchange and other relevant provisions, the company’s shares in the company’s special securities account for repurchase will not participate in this dividend distribution.
Accordingly, the board of directors suggests that the company plans to distribute a cash dividend of RMB 0.391 (tax included) for every 10 shares after the closing of the equity registration date determined in the announcement of equity distribution, and the remaining profits available for distribution to shareholders will be used for profit distribution in subsequent years.
Before the equity registration date of equity distribution, if the total share capital of the company that can participate in profit distribution changes, it is proposed to maintain the total distribution unchanged and adjust the dividend proportion per share accordingly.
The profit distribution plan needs to be submitted to the general meeting of shareholders of the company for deliberation.
Section II basic information of the company 1 company profile
Company stock profile
Stock type stock exchange stock abbreviation stock code
A-share Shanghai Stock Exchange China United Network Communications Limited(600050) China United Network Communications Limited(600050)
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Li Yuzhuo, Lei Xiaoxu
Office address: No. 21, Financial Street, Xicheng District, Beijing No. 21, Financial Street, Xicheng District, Beijing
Tel: 0106625917901066259179
E-mail [email protected]. [email protected].
2. Introduction to the company’s main business in the reporting period
In 2021, China United Network Communications Limited(600050) with the strategic upgrading of “strengthening the foundation, strengthening the foundation, adhering to innovation, integration and opening up”, actively serve the national strategy and integrate into the new development pattern, firmly promote high-quality development, continue to give full play to the advantages of it intensification, vigorously promote digital transformation and service model innovation, strengthen integrated operation and improve user development under the guidance of 5g business.
1. Mobile services
China United Network Communications Limited(600050) adheres to value first, experience leading and scale breakthrough, fully implements 5g to lead integrated and group development, and takes 5g to lead quality and efficiency scale development. Promote the development of new users, namely 5g, and make 5g scene breakthroughs in key markets and subdivided groups; Promote 5g stock users, and fine slice and accurately implement policies for customers based on accurate analysis of big data and deep insight into scenarios; 5g packages are integrated with customers in order to promote 5g product innovation and ensure the full coverage of customers; Enhance tariff and contract flexibility, strengthen 5g core applications and create differentiation; Promote the innovation and development of 5g terminal and pan terminal industries; Promote 5g end network industry service collaboration. The company has deepened the integration of B2H and Unicom’s products and services, and comprehensively promoted the development of “B2H + 2C” digital platform and Unicom’s “digital + 2C” products, which are oriented to the market. The terminal digital operation and supply chain ecology have been accelerated and improved. The company has continuously opened the terminal operation system, ensured the stability of terminal supply and upgraded the capacity of digital supply chain; The empowerment of consumer financial instruments is extensive and in-depth, and the number of financial acceptance stores exceeds 100000. By the end of 2021, the company had about 317.12 million mobile billing users, with an annual cumulative net increase of 11.3 million; 5g package users have reached 154.93 million, with an annual cumulative net increase of 84.1 million.
2. Fixed network service
In 2021, China United Network Communications Limited(600050) in terms of fixed network business development, adhering to the comprehensive coordination of “business service information of end network industry”, adhering to the “three trillion” as the guide, established a market-oriented end network business service coordination and linkage mechanism, comprehensively improved the broadband resource access ability and resource management ability, and realized the coordinated development of broadband marketing and resource ability.
We will promote the construction of Gigabit networks, strengthen broadband capacity-building in the south, focus on high-value areas, accelerate the construction and transformation of Gigabit communities, continue to carry out broadband speed measurement and acceleration activities, revitalize resources and comprehensively improve the efficiency of network resources. Relying on the brand advantages of the Winter Olympics, we will comprehensively strengthen the development of Gigabit broadband, so as to lay the foundation for realizing the business goal of taking the lead in the north and surpassing the south. Focus on the whole chain optimization of broadband process, build a digital operation system of “two networks and one middle station” for household users, optimize resource allocation and promote efficient governance. Incorporate fixed line into family packages, revitalize fixed line code number resources, and launch innovative applications such as fixed line video RBT and business card. 2021
Broadband revenue reached 44.8 billion yuan, a year-on-year increase of 5.2%. In the whole year, the number of broadband users increased by 8.95 million to 95.05 million, and the access of broadband users to ARPU was 41.3 yuan; FTTH users account for 88%.
3. Industrial Internet
In terms of cloud computing, as the base of digital transformation and integration innovation, Unicom cloud provides customers with integrated integration and innovation solutions including cloud resources, cloud platforms, cloud services, cloud integration, cloud interconnection, cloud security and so on. Improve computing power and efficiency through unified technical architecture and PAAS platform, comprehensively layout big computing, and comprehensively upgrade Unicom cloud through technology upgrading, product upgrading, service upgrading and ecological upgrading. It supports open architecture, dual engine base and multi scene deployment. PAAS products such as big Wuzhi chain security are deeply integrated with IAAs products. The categories of basic products are constantly enriched, and the performance of basic products is greatly improved. Seven scene cloud products are launched to help thousands of industries in digital transformation. In 2021, the revenue of “Unicom cloud” was 16.3 billion yuan.
In terms of big data, upgrade data application services, data technology services, data security services, AI and blockchain services, focus on government affairs, finance, cultural tourism, transportation and other industries, and optimize government affairs big data, financial big data, cultural tourism big data, industry AI products and “industry + blockchain” product system; Continuous service for epidemic prevention and control and resumption of work and production; Support the successful selection of eight blockchain pilot projects into the national blockchain innovation and application pilot projects. In 2021, the revenue of big data reached RMB 2.6 billion, with a year-on-year increase of 48.7%, and the market share remained the first among telecom operators for three consecutive years.
In terms of the Internet of things, with 5g as the lead, we accelerated the promotion of a new pattern of large-scale connection of the Internet of animals, with more than 300 million Internet of things connections. Accelerate the independent innovation leading with the platform as the core, and the number of connections carried by Yanfei Zhilian platform (CMP) exceeded 160 million, becoming the main carrying platform of connection business. Since its commercialization in April 2021, yanfeige things platform (DMP) has quickly accessed nearly one million devices, more than 200 things models and 180 open APIs. It has become a hub level platform for the transformation of China Unicom’s Internet of things to “connected + non connected” integrated applications. Released China’s first low-cost lightweight Yanfei 5g module, jointly completed the world’s first end-to-end verification of embB + urllc + iiot based on R16, and actively promoted the innovation and development of 5g IOT industry. In 2021, China Unicom’s Internet of things revenue was 6 billion yuan, a year-on-year increase of 43%.
In terms of IT services, strengthen independent innovation, realize the platform of product capacity, standardization of independent products and intensive product research and development, improve the large-scale promotion ability of 5g applications and improve the gross profit margin of the project. At present, there are more than 200 self-developed application products in major applications. A number of star products such as smart city base, one network unified management, industrial Internet platform, government big data platform and smart River and lake manager have been built in the fields of smart city, industrial Internet, digital government and ecological environment. With self-research as the core, more than 8000 industrial application projects have been implemented, driving the industrial application revenue of 6 billion yuan, It has formed a differentiated competitive advantage integrating independent ability, self-developed products, independent integrated delivery and continuous operation services to comprehensively serve customers’ digital transformation.
4 network capability
In 2021, the company earnestly implemented the strategic deployment of “network power” and “new infrastructure”. Focusing on the goal of building network differentiated competitive advantage through digital transformation, the company deepened the co construction and sharing of industries, network industry coordination, strengthened service support, continuously improved network competitiveness, and took multiple measures to effectively alleviate the pressure of resource investment caused by 5g large-scale construction and rapid business development, Deepen the reform of operation system, adhere to the direction of digitization, networking and intelligence, and promote the transformation of network digitization.
By the end of 2021, the available 5g base stations have reached 690000, 4G base stations have reached 1.56 million, 4G population coverage has reached 95%, and 4G administrative village coverage has reached 91%. In terms of fixed networks, we continued to expand the coverage of new regional networks and the transformation of PON + LAN regional networks. The total number of broadband ports reached 239 million, of which FTTH ports accounted for 91%. The company continues to improve its international network layout. By the end of 2021, the resource capacity of international submarine cable will reach 57.8t. The international export capacity of the Internet is 5.31t, and the return bandwidth is 3.93t. International roaming covers 260 countries and regions
627 operators in the region.
5 marketing
1) Brand strategy
In 2021, focusing on the digital transformation, brand publicity will continue to advocate playing with wisdom as the core, 5g as the guide and Winter Olympics as the endorsement
Create a smart experience and strive to build a smart brand with temperature. In terms of publicity, focus on 5g, 3000mb, innovative application, industrial application
Gigabit network, high-quality service and other key business advantages, focusing on household, rural, youth, government and enterprise customers and other market segments and key industries,
Take advantage of hot spots, events and key nodes to carry out publicity, and closely combine the differentiated advantages of the Winter Olympics with the brand and 5g,
Strengthen the identity of Winter Olympic Partner and highlight the brand strength. In terms of communication, through continuous innovation of publicity means and forms, create a three-dimensional communication moment
Array, tell big stories with a small incision, constantly optimize publicity contents and diversified communication means, strengthen user attention and improve brand value. product
The overall development trend of the brand is good, and the reputation and awareness are both improved.
2) Marketing strategy
The rural market complies with the upgrading trend of rural digital consumption, implements the strategy of “Rural Revitalization”, and continues to upgrade zhihuijia under the guidance of 5g
Rural digital services and products; In the face of Pan entertainment groups, the youth market cooperates with the head contact to realize drainage
Scale development, pay close attention to the development time of autumn opening, pre marketing mode, and do a good job in college broadband, college informatization, 5g private network and K12 smart campus
And other projects. Implement the plans of “promoting machine replacement” and “promoting network access”, and promote the coordinated development of 5g end network services; Carry out “end industry matching” and “network
“Industry matching” and other plans, continue to strengthen the matching of broadband terminals, networks and services, and improve the Gigabit network capacity and user perception. Tamp the stock economy
By strengthening the foundation and strengthening the business base, we have improved integration, value, loss control and reduction of sets, realizing the double stability of stock income scale and user scale
Business volume continued to drive the steady growth of service revenue.
3) Marketing channel
In 2021, the company will build a customer-centered “one type and three modernizations” Omo new channel marketing service system. First, accelerate the promotion of offline channels
The comprehensive transformation of Tao to the target market, close to the target market and optimize the distribution
