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China Unicom (Hong Kong) Limited 762.HK 2026 Interim Results 18 August 2026 Vibrant Healthy Robust
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1 2023 年 度 业 绩 Forward-looking Statements Certain statements contained in this presentation may be viewed as “forward-looking statements”. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. In addition, we do not intend to update these forward-looking statements. Neither the Company nor the directors, employees or agents of the Company assume any liabilities in the event that any of the forward-looking statements does not materialise or turns out to be incorrect.
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2 2023 年 度 业 绩 Building a Healthy Foundation with New Paradigm for Value Management — Financial performance to stabilise and gain momentum Notes： 1. The temporary profit volatility stemmed from multiple factors. In addition to value-added tax (VAT), the change in the timing of employee benefit expenses spending was also an important reason. 2. Profit attributable to equity shareholders of the Company. 3. This forecast is made by the Company based on the current external environment and actual operational circumstances, and does not constitute a substantive commitment by the Company to investors. RMB 201.4bil Operating Revenue▲0.6% RMB 178.0bil Service Revenue▼0.2% Steady Revenue Growth RMB 11.3bil Profit Before Tax▼36.4% RMB 9.5bil Net Profit2▼34.6% Profitability under Short-Term Pressure1 Stronger Cash Flow RMB 32.9bil Net Operating Cash Inflow ▲13.6% Enhanced Operating Resilience growth rate of accounts receivable slowed significantly Full-Year Targets 3 • Employee benefit expenses are expected to remain stable • Profit contraction is expected to narrow significantly Net Operating Cash Inflow Reached a Recent High 29.3 29.0 32.9 1H 2024 1H 2025 1H 2026 ▲RMB 3.9bil Net operating cash inflow (RMB bil)
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3 2023 年 度 业 绩 Building a Healthy Foundation with New Paradigm for Value Management — Optimising Structure Connectivity Value stabilised and improved Computing Power Momentum accelerated to be unleashed Internationalisation fully accelerated >78% Integrated subscriber penetration rate RMB 100+ Integrated package ARPU New subscribers ARPU > Existing subscribers ARPU RMB 41.9bil Computing power1 revenue ▲13% IDC revenue ▲11% computing service revenue▲9% RMB 7.7bil International business revenue ▲13.8% Notes： 1. Computing power revenue = computing service revenue + IDC revenue + digital smart applications revenue + cloud-AI services revenue.
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4 2023 年 度 业 绩 RMB 24.1bil 1H2026 CAPEX Connectivity 40% Computing Power 37% 13% Service 10% Investment in computing power ▲80+% YoY Security Unit energy consumption per site ▼4.8% YoY Building a Healthy Foundation with New Paradigm for Value Management — Precise and Efficient Investment
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5 2023 年 度 业 绩 Shaping a Vibrant Character and Defining New Management Rules —Deepen institutional reform to be "unbreakable only if united" No. of management departments▼38% Build an organisational structure with “lean management and strong operations” Drive Capability Upgrade through Organisational Reform and Better Align with Industry Evolution Focus on product innovation and brand building Aim to resolve customers’ full-scenario and full-chain problems Regard computing- network development as a key to technological innovation Strengthen the commercialisation and application of innovation achievements Emphasis on ecological cooperation and capital empowerment
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6 2023 年 度 业 绩 Promote the “drag-and-drop“ product format Reshape brand system Promote intelligent upgrade Subscribers served since the launch of the Unicom Magic Cube product 3 months ago >1.5mil No. of enterprises served by Unicom Yunxi ~50k Unicom Magic Cube, breaking through traditional packages and overcoming commoditised competition with differentiated products. Integrated UniClaw AI agents with Cloud-AI products, accelerated the cloud-AI upgrades of Video Ringtones, Security Guardian and 5G New Calling Product brands Customer brands Corporate brand 1+3+5 Brand Family1 Shaping a Vibrant Character and Defining New Management Rules — Optimise product formats to be “unbeatable only if fast” Notes: 1. “1” refers to the Corporate brand, China Unicom. “3” refers to Customer brands, including Unicom Smart Home, Unicom WO Pai, and Unicom Smart Business. “5” refers to Product brands, including Unicom Cloud, UniAI, Unicom Yunxi, Unicom Gewu, and Unicom Mogong.
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7 2023 年 度 业 绩 Launch Token Plans for individuals & enterprises Upgrade the UniAI MaaS Platform 200+ mainstream LLMs Shaping a Vibrant Character and Defining New Management Rules — Innovate on Token Operations to be “unstoppable only with scale” >500TB High-quality datasets Manufacturing Government affairs Healthcare Education ......
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8 2023 年 度 业 绩 >1.3bil Total connectivity scale1 ▲56+mil Extend boundaries horizontally Broaden the breadth of connectivity 4.8mil Total number of 4G/5G base stations 87% 10G-PON broadband port ratio — No.1 in the industry Renew architecture in depth Solidify connectivity density 333T International submarine & terrestrial cable capacity 330+ Cities covered by 5G-A Pursuing Robustness and Creating New Drivers for Sustainable Development — Broader and Denser Connectivity Notes: 1. Total connectivity scale = aggregate number of mobile billing subscribers + aggregate number of fixed-line broadband subscribers + aggregate number of fixed-line local access subscribers + aggregate number of Internet-of-things terminal connections + aggregate number of networking leased line subscribers.
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9 2023 年 度 业 绩 Note： 1. No. of standard cabinets is calculated based on 2.5KW per cabinet. >1.15mil No. of standard cabinets1 >74% Cabinet utilisation rate Industry-leading Cross-region mixed training and inference on heterogeneous GPUs in large- scale production scenarios >45EFLOPS Intelligent computing power scale National Science and Technology Progress Award First Prize Pengcheng Cloud Brain: Ultra-Large-Scale Domestic Intelligent Computing-Power System and Industrialisation Project Picture of China Unicom’s Ningxia Zhongwei Cloud Data Center Pursuing Robustness and Creating New Drivers for Sustainable Development — Faster and More Precise Computing Power
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10 2023 年 度 业 绩 >100k partner merchants across offline channels >85% smart customer service ratio 14mil industrial devices connected to the Gewu Platform >10,000 5G factories Offer High-Quality Services Integrate with New Industrialisation Pursuing Robustness and Creating New Drivers for Sustainable Development — More Tailored and Refined Services
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11 2023 年 度 业 绩 Picture of China Unicom undertaking major communications support. Accelerate Supply in the Ecosystem Speed up Expansion in Security Market 470k institutional & industry customers cumulatively served ▲30% 250+ security products cumulatively listed on Security Hub ▲25% Steadily Strengthen Technical Capabilities 100+ security AI agents launched in “Mogong” platform Pursuing Robustness and Creating New Drivers for Sustainable Development — Stronger and More Robust Security
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12 2023 年 度 业 绩 Building Green Network 13mil tonnes Annual carbon-emission reductions through co-built co-shared network ▼>6% Comprehensive energy consumption per unit of total telecommunications business volume, vs the end of 2025 Enhancing Public Well-being ~5mil subscribers Benefited from elderly-friendly and barrier-free services Picture 1: OnePower, China Unicom’s self-developed integrated power-supply equipment, provides green, low-carbon power for intelligent computing services. Picture 2: China Unicom’s smart elderly-care product. Fulfilling Corporate Social Responsibilities
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13 2023 年 度 业 绩 Outlook Safeguarding "connectivity" Strengthening "computing power" Optimising "service" Assuring "security" Thank you for the trust and support from our customers, shareholders & society Adhere to “Preserve and Innovate, Steady and Far-reaching” Create greater value for our shareholders, customers & society Serve as the “national team and backbone of the information and communication industry”
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Concluding and Commencing Constitute Change， Streaming and Flowing Lead the Way