China Mobile Limited (the “Company”, including subsidiaries collectively known as the “Group”) was established in Hong Kong on September 3, 1997, and listed on the New York Stock Exchange (“New York Stock Exchange”) and Hong Kong Stock Exchange Limited (“Hong Kong Stock Exchange”) on October 22 and 23, 1997, respectively. The Company's stock became a constituent stock of the Hong Kong Hang Seng Index on January 27, 1998. The New York Stock Exchange submitted Form 25 to the US Securities and Exchange Commission on May 7, 2021, and the delisting of the Company's American Depositary Shares came into effect on May 18, 2021. On January 5, 2022, the Company's RMB common stock (“RMB shares” or “A shares”) was listed on the Shanghai Stock Exchange (“Shanghai Stock Exchange”). On June 19, 2023, RMB counter trading was added to the Company's shares listed on the main board of the Hong Kong Stock Exchange (“Hong Kong Shares”). The Group provides communication and information services in all 31 provinces, autonomous regions, municipalities directly under the Central Government and the Hong Kong Special Administrative Region in mainland China. The business mainly covers voice, data, broadband, dedicated lines, IDC, cloud computing, Internet of Things, etc. for individuals, households, government enterprises and emerging markets. It is the largest communications and information service provider in mainland China, and is also a world-class communication and information operator with the largest global network and customer scale, leading profitability and brand value, and ranking high in market value. As of June 30, 2023, the total number of employees in the Group reached 450,000, the total number of mobile customers reached 985 million, and the total number of cable broadband customers reached 286 million. In the first half of 2023, the Group's operating revenue was RMB 530.7 billion. The ultimate controlling shareholder of the Company is China Mobile Communications Group Co., Ltd. (“China Mobile Group Corporation”). As of June 30, 2023, the Group directly and indirectly held about 69.79% of the Company's total issued shares, with the remaining 30.21% held by public shareholders. Currently, the company's credit rating is equivalent to China's national sovereignty rating, which is S&P A+/ stable outlook and Moody's A1/ stable outlook.
No Data