China Mobile: It will be officially listed on the Shanghai Stock Exchange on January 5

Jiwei Network news, on January 3, China Mobile issued an announcement that the company's shares will be listed on the Shanghai Stock Exchange on January 5, 2022, with a stock code of 600941 and an issue price of 57.58 yuan per share.

According to the data, China Mobile is the world's leading communication and information service enterprise, committed to providing a full range of communication and information services for individuals, families, government and enterprises, emerging markets, and is a technology leader and innovation promoter for the development and growth of China's information and communication industry.

Over the past 20 years, China Mobile has continued to promote the breakthrough and application of information technology, promoted China's information and communication industry to achieve the leapfrog development of "2G follow,3G breakthrough, 4G synchronization, and 5G leadership," and built a high-speed, mobile, secure, and ubiquitous information infrastructure that benefits one-fifth of the world's population, with business covering more than 200 countries and regions around the world, and dedicatedly serving 946 million mobile customers, 205 million household customers, and 15.53 million government and enterprise customers across the country.

It is understood that the CSRC approved China Mobile's initial offering application on December 13.

In terms of performance, in 2020, China Mobile's revenue was about 768.070 billion yuan and net profit was 108.134 billion yuan; from January to June 2021, China Mobile's revenue was about 443.647 billion yuan and net profit was 59.186 billion yuan; in 2021, the revenue was expected to be 844.877 billion yuan to 852.558 billion yuan, an increase of about 10% to 11% year-on-year. The net profit attributable to the shareholders of the parent company was approximately RMB114.307 billion to RMB116.464 billion, an increase of approximately 6% to 8% year-on-year, and the net profit attributable to the shareholders of the parent company after deducting non-recurring gains and losses was approximately RMB107.285 billion to RMB109.328 billion, an increase of approximately 5% to 7% year-on-year.

China Mobile revealed in the prospectus that as of the end of June 2021, the number of China Mobile customers was 946 million, the domestic market share was 58.42%, the number of wired broadband customers was 226 million, and the domestic market share was 47.01%; revenue, net profit and customer scale ranked first in China. (Proofreading/Seven-Seven)