600050 China United Network Communications

China United Network Communications Co., Ltd. indirectly holds 43.9% of Unicom's shares through Unicom BVI, which controls Unicom BVI, and maintains actual control over Unicom Red Chip and its wholly-owned Unicom operating company. The company has been selected as one of the “World's Top 500 Enterprises” for many years in a row, ranking 267th in the “Fortune” World 500 in 2022, and has received authoritative honors such as “Best Practice Case of the Board Office”, “Best Practice Case of the Board of Supervisors”, “Best Practice Case of the Board Secretary”, and “Best Practice Case for Performance Briefings” awarded by the China Association of Listed Companies. The company positioned itself as “a national team for the operation and service of digital information infrastructure, a network powerhouse, the main force in the construction of a smart society in digital China, and the vanguard of digital technology integration and innovation”, and upgraded the strategy to “strong foundation, integrity and innovation, integration and openness”, further emphasized the foundation of a strong network, the foundation of solid service, and practiced “basic skills”; placed greater emphasis on the integrity of networking, expanding the innovation of digitalization and intelligence, and playing a good “combo punch” with partners. Under the new positioning and strategy, the company is making full efforts on the main channel of the digital economy, taking “big connectivity, big computing, big data, big applications, and big security” as its main business, achieving all-round transformation and upgrading of development drivers, paths and methods, opening up new development space, enhancing customer value, and integrating better services and into the new development pattern. In order to become a world-class enterprise with global competitiveness, the company resolutely carries out its national mission, comprehensively builds an intelligent comprehensive digital information infrastructure with first-class breadth, thickness and depth in the industry, unblocking the information artery and building a new digital foundation for economic and social development; resolutely implements the cyber power strategy, serves digital China, the construction of a smart society, grasps the direction of digitalization, networking, and intelligence, and takes the direction of digitalization, networking, and intelligence, leading technology and highly integrated “full coverage, all-online, all-cloud, greening, one-stop” digital services to help thousands of industries “go to the cloud to use digital intelligence”; Resolutely implement innovation-driven, Focusing on core technology, focusing on key applications, integrating innovation, turning the company into a technology-innovative enterprise, and achieving a high level of self-reliance and self-improvement in digital technology has become an important part of the country's strategic scientific and technological strength. The company strives to be a “new engine” that empowers social and economic transformation, giving full play to the technological advantages of big data and communication networks, promoting the development of the digital economy and the upgrading of information consumption, helping to transform old and new kinetic energy for economic development, effectively enhancing the satisfaction and sense of acquisition of information and communication services among a wide range of users, so that the whole society can further enjoy the new results brought about by ICT development.