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China United Network Communications Limited

中国联通

A-share vehicle of the Unicom group, running connectivity, computing, service and security as four state-owned-enterprise tracks while shifting from a pipe provider to a digital services provider.

Headquarters
Beijing, China
Region
Beijing
Founded
2001
Stage
Public
01

Overview

China United Network Communications Limited is the Shanghai-listed vehicle that indirectly holds 43.9% of China Unicom (Hong Kong) through Unicom BVI, keeping control of the red-chip company and its wholly owned operating subsidiaries. The group operates branches in all 31 provincial markets plus overseas offices, and has been on the Fortune Global 500 for years (No. 269 in the 2025 list). It has framed its 15th Five-Year-Plan period around four tracks — connectivity, computing power, service and security — and describes its role as the national team of the information and communications sector, with a stated goal of moving from a basic pipeline provider to an integrated digital services provider. Revenue in the 2026 interim period was RMB 201.36 billion, up 0.6% year on year, with net profit attributable to shareholders of RMB 4.14 billion, down 34.8%; 2025 full-year revenue was RMB 392.22 billion with net profit of RMB 9.13 billion and R&D spending of RMB 12.79 billion. Headcount is roughly 237,000.

02

Products

4

Connectivity (连接)

Mobile, broadband and IoT access across 31 provincial markets.

Computing power (算力)

Data centre and cloud resources sold to government and enterprise customers.

Digital services (服务)

Industry digitalisation, smart city and system-integration projects.

Security (安全)

Network and data security services positioned as one of the four core tracks.

03

Highlights

4
  • 01Ranked No. 269 on the 2025 Fortune Global 500.
  • 022026 interim: revenue RMB 201.36bn (+0.6% YoY), net profit RMB 4.14bn (-34.8% YoY).
  • 032025 full year: revenue RMB 392.22bn, net profit RMB 9.13bn, R&D RMB 12.79bn.
  • 04Indirectly holds 43.9% of China Unicom (Hong Kong) via Unicom BVI.
04

People

1
06

Funding

1
  1. IPO

    CNY 112.6 亿
    Source
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Events

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Not yet listed

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Related projects

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Not yet listed

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Topics

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Coverage

2

Information compiled from public sources; refer to the company's official website for authoritative details.