About China United Network Communications Company

The company indirectly holds 43.9% of Unicom's Red Chip shares through its controlling Unicom BVI company, and maintains actual control over Unicom Red Chip and Unicom's wholly-owned Unicom operating company. The company is positioned as “the national team for digital information infrastructure operation and service, a network power, the main force in building a smart society in digital China, and the vanguard of digital technology integration innovation”. Under the new positioning strategy, the company fully invigorates the main channel of the digital economy, taking “big connectivity, big computing, big data, big applications, and big security” as the main business to achieve all-round transformation and upgrading of development engines, paths and methods, open up new development space, enhance customer value, and better serve and integrate into the new development pattern. The main business is to provide voice calls, value-added services, broadband and mobile data services, data and other Internet applications, inter-network settlement, circuit and network element services in China. The company has been selected as one of the “World Top 500 Companies” for many years, ranked 267th in the 2022 Fortune 500, and has received authoritative honors such as “Board Office Best Practice Case”, “Supervisory Board Best Practice Case”, “Board Secretary's 5A Highest Rating”, and “Performance Briefing Best Practice Case” by the China Association of Listed Companies.