Securities code: China Telecom Corporation Limited(601728) securities abbreviation: China Telecom Corporation Limited(601728) China Telecom Corporation Limited(601728)
Record of investor relations activities
No.: 2022001
\uf0a3 research on specific objects \uf0a3 analyst meeting
\uf0a3 media interview ■ performance briefing
Investor relations activities \uf0a3 press conference \uf0a3 roadshow activities
Dynamic category
□ site visit
□ others
Way of holding: webcast and text interaction
Time: 17:00-18:00, March 17, 2022
Shanghai Stock Exchange Shanghai Securities roadshow Center (website: http://roadshow.sseinfo.co Live broadcast address m), roadshow platform (website: https://www.roadshowchina.cn./Meet/det ail. html? Mid = 13182) synchronous live broadcast
Mr. Ke Ruiwen, executive director, chairman and CEO of the company, Mr. Li Zhengmao, executive director, President and chief operating officer of the company's participants, Mr. Shao Guanglu, executive director, Mr. Liu Guiqing, executive director and executive vice president, Mr. Tang Ke, executive vice president, etc
Reception object: corporate investors and media
1、 Mr. Ke Ruiwen, executive director, chairman and CEO of the company, and Mr. Li Zhengmao, executive director, President and chief operating officer, introduced the performance and development of the company in 2021.
2、 In the interactive communication link, the participants of the company give a live reply on investor relations on the issues concerned by investors and the media. The main contents are as follows:
Introduction question 1: China Telecom Corporation Limited(601728) first proposed cloud network integration and put it into practice. Recently, the state proposed the project of "counting East and calculating West". How does China Telecom Corporation Limited(601728) consider this?
A: 1. Digitalization, networking and intellectualization are the trend and direction of the development of digital society. The essential feature of building an intelligent comprehensive information infrastructure with "high-speed ubiquitous, integration of heaven and earth, integration of cloud and network, intelligent agility, green, low-carbon, safe and controllable" is cloud
Network convergence. In recent years, the company has promoted the "cloud to digital" strategy and built a new information infrastructure, which has achieved remarkable results and laid a solid foundation for the development of the enterprise.
2. The project of "computing from the east to the west" is a typical application scenario of cloud network integration. Computing power network is an important part of cloud network integration and is the resource endowment and advantage of China Telecom Corporation Limited(601728) . The company attaches great importance to and actively participates in the "East digital West computing" project. It will give full play to the advantages of cloud network integration. Around the national "East digital West computing" project and the planning of integrated big data center, the company will comprehensively deploy four key capabilities such as data center, DCI network, computing power and Tianyi cloud, and prospectively layout the computing power network. At present, all capabilities are highly consistent with the requirements of the "East digital West computing" project.
3. The project of "computing from the east to the west" has been fully launched, which will help China Telecom Corporation Limited(601728) give full play to the advantages of cloud network integration, further optimize the layout of computing resources and reduce the operation cost of data center. Through new investment, the company will activate existing assets and resources and fully undertake the national "counting East and counting West" project.
Question 2: scientific and technological innovation has become the core engine of high-quality development of enterprises. How does China Telecom Corporation Limited(601728) change to a scientific and technological enterprise?
A: 1. The company actively grasps the strategic opportunities brought by the new round of scientific and technological revolution and industrial reform, strengthens scientific and technological innovation, speeds up the construction of intelligent and comprehensive digital information infrastructure, actively creates "service-oriented, scientific and technological and security" enterprises, and makes every effort to promote the high-quality development of enterprises.
2. The company has completed the RDO technology innovation and R & D system through application basic research, application technology R & D and operational development, and made breakthroughs in core technology fields such as Tianyi cloud 4.0, volte quantum secret telephone, base station and computer room AI power saving. At the same time, the company will continue to carry out scientific and technological innovation, accelerate the extensive transformation of scientific and technological achievements, and enhance the ability of production, learning and research enterprises China Telecom Corporation Limited(601728) has formulated the layout plan for scientific and technological innovation in the 14th five year plan, and will build a leading enterprise in science and technology in three steps.
Question 3: at present, the company's share price continues to be lower than the issue price. Although the company has taken measures to increase its holdings, the share price has not changed significantly. What measures will the company take in the next stage to increase its share price and protect the interests of investors?
A: 1. The company always pays close attention to the stock price and investor returns, and fully listens to the shareholders
Opinions and take multiple measures to stabilize the stock price. Performance is the basis for the steady improvement of share price. In 2021, the company achieved double-digit growth in revenue and net profit. The revenue growth rate was higher than the industry average for five consecutive years. The net increase of mobile users was the industry leader for four consecutive years. The scale of industrial digital revenue was the industry leader, and the revenue of Tianyi cloud doubled.
2. As the main force of information and communication infrastructure, operators will actively grasp the strategic opportunities brought by the new round of scientific and technological revolution and industrial reform, and gradually change to comprehensive intelligent information service providers. The company is fully implementing the "cloud to digital transformation" strategy, strengthening scientific and technological innovation, seizing the valuable strategic opportunity period and continuously creating value for customers and shareholders. Question 4: in 2021, Tianyi cloud has developed rapidly and doubled its revenue. What is the core competitive advantage of Tianyi cloud? Tianyi cloud has introduced four central enterprises. What is the development roadmap of Tianyi cloud in the future? Is there a spin off plan in the future?
A: 1. With the prosperity and development of the digital economy, industrial transformation and upgrading and personal and family digital life have stimulated strong demand for cloud access. Relying on the advantages of one cloud polymorphism, localized services and security, Tianyi cloud has achieved remarkable market expansion. In 2021, Tianyi cloud will comprehensively upgrade its distributed cloud infrastructure, operating system and product capabilities, and enrich edge cloud products and solutions.
2. Tianyi cloud Technology Co., Ltd. is carrying out equity diversification reform, which will help Tianyi cloud integrate cloud computing ecological resources, strengthen independent control of key core technologies, deepen reform, enhance enterprise vitality, comprehensively strengthen Tianyi cloud's core competitiveness and enhance market expansion ability.
3. The company will actively explore the possibility of Tianyi cloud's spin off and listing under the condition of complying with the regulatory rules.
However, so far, there has been no substantive progress and there is great uncertainty. The company will strictly perform its internal procedures and information disclosure obligations in accordance with laws and regulations and the provisions of the exchange.
Question 5: with the large-scale operation of 5g, IDC and other infrastructure, green energy conservation has become the focus of social attention, China Telecom Corporation Limited(601728) how to achieve green and low-carbon development? A: 1. Green and low-carbon development is an important part of China Telecom Corporation Limited(601728) "cloud to digital transformation" strategy. Over the years, the company has unswervingly promoted green development and taken multiple measures to practice the new concept of green development: build a green and low-carbon cloud network, integrate new information infrastructure and promote network development
The intensity of energy consumption continued to decline, and the concept of green development was actively implemented.
2. The company has incorporated green development into the 14th five year plan of the company. Last year, the company issued the action plan for carbon peak and carbon neutralization, which aims to build a new green cloud network and create a new green operation; Build a new green ecology and enable new green development; Promote the "double carbon" work in terms of giving birth to new green technologies and building new green support.
Question 6: how are the company's 5g 2B application scenarios and project progress?
A: with the help of "Zhiyuan", "Bilin" and "Ruyi" customized network wide connection, high speed, low delay and data security, the company has created key scenes such as flexible production, 8K ultra-high definition intelligent quality inspection, AGV intelligent logistics transportation and remote connection control of unmanned equipment. Widely enable the digital transformation and upgrading of industries such as industrial Internet, financial media, smart city, smart mining, Internet of vehicles, smart medical treatment and smart port. The company has built about 200 5g benchmark projects, and 1200 projects have been replicated throughout the year.
Question 7: what is the profitability of the company's industrial digital business?
A: the company has grasped the development opportunity of digital economy, deepened enterprise reform and transformation, and appropriately increased investment in industrial digitization in terms of investment, personnel and R & D, so as to improve the core competitiveness of the enterprise. The overall profitability of the industrial digitization sector is close to the overall profitability of the company, and the profitability of more mature businesses is higher than the overall profitability. Question 8: what is the company's capital expenditure target in 2022? Proportion of 5g and industrial digitization allocated? 5g follow up investment plan?
A: the company is in an important period of development opportunities. Infrastructure investment needs to be moderately advanced and maintain an appropriate investment intensity. In order to grasp the development opportunities of industrial digitization in the future, the investment in industrial digitization has increased compared with the past, which is mainly used for IDC and computing power; In the next 1-2 years, 5g construction will mainly focus on improving network coverage and capacity expansion. Through effective and guaranteed investment, the company revitalizes and makes good use of existing resources. It is expected that the proportion of investment in income will continue to decline in the future.
Q9: what is the company's outlook for 2022?
A: at present, the digital economy contains a broad space. National projects and macro policies such as "counting East and counting West" are conducive to the high-quality development of the industry. The industry has made great progress in rational competition, co construction and sharing. The demand for digital life and industrial transformation and upgrading has erupted
The information communication industry has ushered in new historical opportunities. In 2022, the company will fully implement the strategy of "transforming cloud into digital", strengthen scientific and technological innovation, accelerate the construction of new cloud network integrated, green and safe information infrastructure, build a digital platform hub, create a win-win ecosystem of cooperation, deepen the reform of system and mechanism, and promote the high-quality development of enterprises.
Annex list none
