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New companies continue to emerge, and China Telecom's high-quality scale development is on the road

According to the Tianyancha APP, recently, Tianyi Rural Technology Co., Ltd. and China Telecom Medical and Health Technology Co., Ltd., a subsidiary of China Telecom, have been established successively, with a registered capital of 200 million yuan. The industry has interpreted the two new companies from the perspective of the industry, but is there a connection between the two?

New companies continue to emerge, and China Telecom's high-quality scale development is on the road

Answering this question requires lengthening the timeline, starting with when the company returned to A-share listing. According to The 2021 year-end market meeting of China Telecom, Chairman Ke Ruiwen proposed that enterprises should pursue high-quality scale development. Since September last year, China Telecom has successively created a series of new companies, including security, transportation, asset management, intelligent network technology, etc., forming a multi-angle, all-round, high-depth pattern, what is done is to make all-round efforts, which is marked by the start of enterprise scale on the road, and the next step in pursuing nature is the start of high-quality development.

Since the east wind, China Telecom's start-ups have been frequent

For some time, China Telecom has continuously included a series of new startups such as security, transportation, science and technology, and investment into the enterprise development map.

China Telecom was officially listed on the Shanghai Stock Exchange on August 20, 2021. On September 2, China Telecom Group signed a strategic cooperation agreement on industrial digitalization with the Suzhou Municipal People's Government. At the signing site, Tianyi Security Technology Co., Ltd. and Tianyi Transportation Technology Co., Ltd. were officially unveiled. The establishment of the two major technology companies in Suzhou means that after returning to the A-share issuance and listing, the company has taken substantial steps around scientific and technological innovation, promoting industrial digitalization, promoting the development of the digital economy, and strengthening regional collaboration and capital cooperation.

Since then, China Telecom has acted quickly and steadily. Sky Eye Check APP shows:

1

On January 7, 2022, Guoqi Asset Management Co., Ltd. was established with a registered capital of 100 million yuan, and its business scope includes asset management, machinery and equipment leasing, technical consulting, services, enterprise management consulting, financial consulting, etc.

2

On January 20, China Telecom Private Equity Fund Management Co., Ltd. was established with a registered capital of 200 million yuan, and its business scope includes private equity investment fund management and venture capital fund management services.

3

On January 26, China Telecom Intelligent Network Technology Co., Ltd. was established with a registered capital of 900 million yuan, and its business scope includes Internet data services and big data services.

4

On January 28, Tianyi Rural Technology Co., Ltd. was established with a registered capital of 200 million yuan, and its business scope includes: the first type of value-added telecommunications business; the second type of value-added telecommunications business; animal husbandry and fishery feed sales; fresh fruit retail; fresh vegetable retail, etc.

5

On January 30, China Telecom Medical Health Technology Co., Ltd. was established with a registered capital of 200 million yuan, and its business scope includes: Class II medical device sales; Class II medical device leasing; intelligent robot sales; intelligent robot research and development.

To be sailed, scale development has become the goal of the enterprise

Ke Ruiwen, chairman of China Telecom, recently proposed that enterprises should pursue high-quality scale development. He said that scale development is the foundation of high-quality development of enterprises, and value enhancement is the path of high-quality development of enterprises. Without the development of scale, the various reform measures, scientific innovation and ecological cooperation of enterprises will be difficult to sustain; and the scale expansion without value cannot be truly high-quality development.

From traffic safety to asset management, from agricultural wisdom to healthcare... With traditional business as the foundation, digital development as the direction, and "Tianyi" as the brand, can the fresh "blood" continuously injected become a note on the scale development of the enterprise?

It is understood that China Telecom Group has 400,000 employees and has channels throughout urban and rural areas. At present, China Telecom has entered the stage of comprehensive intelligent scale development. At present, the new companies that have been born successively are intended to enhance capital operation capabilities and promote the return of enterprise market value on the one hand; on the other hand, they are to form scale, form linkage, and form brand advantages, so as to strengthen the economic strength of enterprises, while giving play to the responsibilities of central enterprises, empowering various industries, and providing customers with more high-quality and efficient comprehensive intelligent information services.

Looking at qualitative changes, high-quality development responds to market expectations

From quantitative change to qualitative change is a leap, from large-scale development to high-quality development also reflects the accumulation from quantitative accumulation to qualitative change.

Ke Ruiwen said that high-quality development is not a simple high-quality development of a single product, but a coordinated high-quality development. In the 2C, 2H, 2B, 2G, and 2O markets, we must continuously improve the service value.

At present, China Telecom has initially realized the business linkage of smart home, smart community and digital village, and in the future, it will make greater efforts and spend more efforts to actively extend to the linkage of digital city and digital government, strengthen the main and practical collaboration and domestic and international dual-ring mutual promotion, continue to strengthen the integration between different scenarios, and give full play to the advantages of synergy and complementarity, and drive the integrated and high-quality scale development of the whole service, the whole customer group and the full market.

For the future of China Telecom, the market has many positive expectations. For example, Guolian Securities recently issued a research report to upgrade the rating of China Telecom, and the rating was adjusted from "overweight" to "buy".

New companies continue to emerge, and China Telecom's high-quality scale development is on the road

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