China Mobile： In 2022, the operating income was 937.3 billion yuan, a year-on-year increase of 10.5%.

　　On March 23rd, China Mobile released its annual results for 2022: operating income reached 937.3 billion yuan, up 10.5% year-on-year, of which communication service income reached 812.1 billion yuan, up 8.1% year-on-year; The revenue from digital transformation reached 207.6 billion yuan, a year-on-year increase of 30.3%; The net profit reached 125.5 billion yuan, an increase of 8.0% year-on-year, and the proportion of net profit to the income of the service remained high and remained stable; The return on net assets was 10%, an increase of 0.2 percentage points over the same period of last year, and it continued to lead the industry; Capital expenditure was 185.2 billion yuan, accounting for 22.8% of communication service income, down 1.6 percentage points year-on-year; Free cash flow was 95.6 billion yuan, which kept healthy.

　　On the whole, China Mobile’s operating income has maintained double-digit growth, and the "second curve" of digital transformation income growth has been fruitful, with a more balanced and stable income structure, and its profitability, return on assets and cash flow have remained ahead of the industry for many years.

　　The transformation and development have achieved remarkable results.

　　China Mobile achieved remarkable results in its transformation and development in 2022. The total number of connections reached 2.94 billion, ranking first in the world, and the number of connections between things exceeded that of people. The customer scale and revenue scale of CHBN’s four major markets increased in an all-round way. HBN revenue accounted for 39.8% of communication service revenue, which increased by 8.4 percentage points in three years, and the revenue structure was further optimized.

　　It is worth mentioning that in 2022, China Mobile’s digital transformation income contributed 79.5% to the increase of communication service income, accounting for 25.6% of communication service income, which is the first engine of revenue growth. In terms of industry digitalization, DICT revenue increased by 38.8% year-on-year to 86.4 billion yuan, of which big data revenue increased by 96.1% to 3.2 billion yuan, and 5G private network revenue increased by 107.4% to 2.55 billion yuan. In terms of personal and family digitalization, the value-added business income of smart families increased by 43.4% year-on-year to reach 29.7 billion yuan; Digital content revenue and financial technology revenue increased by 27.2% and 79.9% respectively.

　　Four major markets exert all-round efforts.

　　In the personal market, China Mobile’s revenue in 2022 reached 488.8 billion yuan, a year-on-year increase of 1.1%; The number of mobile customers reached 975 million, with a net increase of 18.11 million, and the net increase reached a three-year high. Among them, the number of 5G package customers reached 614 million, with a net increase of 227 million. The number of customers with equity integration reached 287 million, with a net increase of 96.43 million; The number of monthly active customers of mobile cloud disk reached 166 million, with a net increase of 30.65 million, ranking second in the industry in terms of customer scale; The number of customers using high-definition video for 5G new calls reached 91.9 million, with a net increase of 26.82 million. Mobile ARPU reached 49 yuan, with a year-on-year increase of 0.4%.

　　In the home market, China Mobile’s revenue reached 116.6 billion yuan in 2022, a year-on-year increase of 16%; The number of home broadband customers reached 244 million, a net increase of 25.78 million; Gigabit home broadband customers reached 38.33 million.

　　In the government and enterprise market, the revenue in 2022 reached 168.2 billion yuan, a year-on-year increase of 22.6%. The number of government and enterprise customers reached 23.2 million, a net increase of 4.37 million. Mobile cloud revenue reached 50.3 billion yuan, a year-on-year increase of 108.1%, and its comprehensive strength entered the first camp in the domestic industry.

　　In 2022, China Mobile’s revenue in emerging markets reached 38.5 billion yuan, a year-on-year increase of 26.9%. International business income reached 16.7 billion yuan, up 25.4% year-on-year. Digital content revenue reached 21.3 billion yuan, a year-on-year increase of 27.2%.

　　"two new types" accelerated progress

　　China Mobile has accelerated its efforts to develop "two new types", namely, new information infrastructure and new information service system.

　　"Double Gigabit" boutique network leads in an all-round way. China Mobile has further promoted the co-construction and sharing of the 5G network with China Radio and Television, scientifically coordinated the frequency resources of 700MHz, 2.6GHz and 4.9GHz, made great efforts to build the 700MHz base network, accurately built the 2.6GHz and 4.9GHz frequency bands, and promoted the indoor coverage construction in an orderly manner, so as to realize the continuous coverage of urban areas, counties and towns across the country and build the world’s largest 5G SA network. In 2022, China Mobile invested 96 billion yuan in the 5G network, and opened 1.285 million 5G base stations, including 480,000 700MHz 5G base stations, serving 330 million 5G network customers. China Mobile promotes the construction of all-optical Gigabit broadband network, and on the basis of 100% Gigabit capacity of urban OLT platforms, it promotes the extension of Gigabit capacity of rural OLT platforms, with 90% of rural OLT platforms having Gigabit capacity and 260 million households covered by Gigabit.

　　China Mobile leads the computing network from concept prototype to industrial practice, and the computing network layout is continuously optimized. Optimize the "4﹢N﹢31﹢X" intensive ladder layout, with 467,000 IDC racks available for external use, with a net increase of 60,000; Strengthen the collaborative development of cloud network edge, and put into operation a total of over 710,000 cloud servers, with a net increase of over 230,000, and the computing power scale reached 8.0EFLOPS, with a net increase of 2.8EFLOPS. In 2023, China Mobile plans to invest 45.2 billion yuan in the computing network, an increase of 11.7 billion yuan compared with 2022, and plans to add more than 240,000 cloud servers.

　　The development of empowerment in Taiwan has accelerated. China Mobile has made great efforts to promote the large-scale development and refined operation of the middle-level platform, and injected acceleration into the internal and external application and value realization of the capacity. By the end of December, 2022, China Mobile had 889 Taiwan-based capabilities, with an average of 13.74 billion calls per month, up 68.4% year-on-year, and its capabilities were realized by more than 10 billion yuan in the whole year. It launched the "AaaS﹢" ecological 100 million action for the society and the scale of ecological cooperation was constantly expanding.

　　China Mobile adheres to the new information service system of "connectivity, computing power and capability" as the focus of product innovation, and achieves a breakthrough in information service supply. Mobile Cloud has built eight 3AZ high-quality resource pools, with the richness of one-point access resources ranking first in the industry, and the full-stack capability being self-controllable. The revenue share of public cloud has entered the top six in the domestic industry, the exclusive cloud ranks third, and the edge cloud ranks first; Promote the 9 one industry platform and gradually become the main force of first-line support, build more than 800 core functions, and support more than 1,100 5G projects.

　　Yang Jie said that China Mobile will fully, accurately and comprehensively implement the new development concept, build a new development pattern, anchor the position of "world-class information service technology innovation company" according to the implementation idea of the "1225" strategy, and accelerate the "two transformations", that is, from leading in quantity and scale to leading in quality, efficiency and efficiency, from focusing on short-term and medium-term performance completion to focusing on medium-and long-term value growth, and make concerted efforts on "two new types" That is, innovation dividend, people’s heart dividend, reform dividend, talent dividend, and ecological dividend, and strive to promote high-quality sustainable development, strive to achieve sustained and good growth in income and profits, and continue to create greater value for shareholders and customers. (Reporter Wu Cong)