Operators "Big Three" or will gather A shares in the first half of the first half of an average daily profit of about 475 million yuan
China Telecom's A-share listing today
On the evening of August 18, China Mobile announced on the Hong Kong Stock Exchange that the company’s application materials for the initial public offering of A shares have been accepted by the China Securities Regulatory Commission, and the pre-disclosed A-share prospectus was published on the website of the China Securities Regulatory Commission on August 18 .
China Telecom also issued an IPO announcement on the same day, and the company's A shares will be officially listed on the Shanghai Stock Exchange on August 20.
The three major operators will gather for the A-share index.
At the same time, the three major operators announced their financial report data for the first half of this year. From the perspective of financial data, among the three major domestic operators, China Mobile's revenue scale and profitability are far ahead.
The reporter sorted out that the total revenue of the three major operators in the first half of 2021 was about 827 billion yuan, with a total net profit of 85.97 billion yuan, and an average daily profit of about 475 million yuan.
All-media reporter Zhang Lu, Guangzhou Daily
China Mobile plans to raise 56 billion yuan
The prospectus shows that China Mobile is the world's leading communications and information service company, committed to providing a full range of communications and information services for individuals, households, government and enterprises, and emerging markets.
At present, China Mobile's business covers more than 200 countries and regions around the world, serving 946 million mobile customers, 205 million household customers, and 15.53 million government and corporate customers across the country.
China Mobile's operating performance ranks in the first echelon of global telecom operators, with a total asset scale of nearly 1.8 trillion yuan, and its main business income has maintained steady growth.
In terms of performance, China Mobile ranks among the top telecom operators in the world in terms of revenue scale and profitability.
From 2018 to 2020, China Mobile's operating income reached 736.818 billion yuan, 745.917 billion yuan, and 768.07 billion yuan; the net profit attributable to the parent reached 116.699 billion yuan, 106.325 billion yuan, and 107.837 billion yuan in the same period, with an average daily profit of 300 million yuan.
The net profit in the last three years has been relatively stable, all in the over 100 billion yuan.
The reporter noticed that China Mobile plans to raise 56 billion yuan in this IPO. If calculated on this basis, this will exceed the 54.2 billion yuan of China Telecom's IPO and become the highest amount of A-share IPO funds raised in the past 10 years.
If China Mobile's return to A shares is implemented smoothly, the three major operators will gather in A shares.
It is worth noting that China Mobile's A-share fundraising will also be mainly used for 5G construction.
China Mobile said that the current 5G application is in the early stage of development, and the development of related industrial chains and technology research and development have yet to be further matured.
On the evening of August 18, China Telecom announced that the company's shares will be listed on the Shanghai Stock Exchange on August 20, 2021.
Two months after the NYSE’s delisting, China Telecom officially announced on March 9 this year that it would return to A shares, and it took only more than five months to officially go public on August 20 this Friday.
In the near future, China Telecom and China Mobile may "join together" with China Unicom, which has been on the A-share market for many years, and the A+H structure of the three major domestic operators will be formed.
According to industry analysts, the gathering of high-quality large-scale central enterprises such as the three major operators in the telecommunications industry in A shares can directly allow A-share investors to fully enjoy the market dividends of the rapid and stable growth of the telecommunications industry.
At the same time, the radiation pulling effect on the domestic information and communication industry has become more obvious.
China Unicom:
Proposed to spin off its indirect holding subsidiary Zhiwang Technology to A-share listing
On August 19, China Unicom issued an announcement stating that China Unicom plans to spin off its indirect holding subsidiary Zhiwang Technology into A-share listing.
After the completion of this spin-off, China Unicom’s shareholding structure will not change, and it will still maintain its control over Zhiwang Technology.
It is understood that Zhiwang Technology is a holding subsidiary of China Unicom engaged in the professional operation of the Internet of Vehicles. It provides intelligent connection and intelligent operation professional services, as well as intelligent transportation vehicle-road collaboration and fleet based on 5G, V2X, MEC and other new-generation information technologies. Smart application services such as management and smart cockpit.
According to the unlisted audited financial data of Zhiwang Technology, the net profit of Zhiwang Technology in 2018, 2019, and 2020 is approximately 60 million yuan, 68 million yuan, and 68 million yuan, respectively.
China Unicom said that Zhiwang Technology will achieve independent listing, which can further enhance the company's influence in the field of Internet of Vehicles, which will help increase the overall value of China Unicom and enhance the development potential of the company and the innovation capabilities of Zhiwang Technology.