On April 19, China Unicom announced on the Hong Kong Stock Exchange that its operating income in the first quarter of 2024 was 99.496 billion yuan, a year-on-year increase of 2.3%, and its service revenue reached 89.043 billion yuan, a year-on-year increase of 3.4%. The profit before tax reached 7.239 billion yuan, a year-on-year increase of 10.6%, maintaining a double-digit growth rate, and the profit attributable to equity holders of the company reached 5.613 billion yuan, a year-on-year increase of 8.9%.
In the first quarter of 2024, China Unicom adhered to high-quality development, focused on the main responsibilities of network power and digital China, coordinated the current and long-term, strengthened scale and value, and promoted the coordinated development of the two main businesses of networked communication and computing, network and digital intelligence.
According to the announcement, China Unicom's networked information and communication business achieved revenue of RMB 62.304 billion, and the revenue of computing network digital intelligence business reached RMB 23.215 billion, accounting for 26.1% of service revenue, and the revenue structure was continuously optimized.
The networked communication business has accelerated its scale expansion and value enhancement. As of the end of March, China Unicom's mobile subscribers reached 337 million, including 269 million 5G package users, and the penetration rate of 5G packages increased to 80%. The number of Internet of Things connections reached 529 million, a net increase of 34.6 million, and the number of fixed-line broadband users reached 115 million, of which 2.11 million gigabit users increased to 2.11 million, and the gigabit broadband penetration rate increased to 23%, significantly improving the user structure.
Accelerate the development and transformation of computing, network, and digital intelligence services, and transform models. China Unicom's cloud revenue reached RMB16.7 billion, up 30.3% year-on-year, and its data center revenue reached RMB6.6 billion, up 4.1% year-on-year, and the number of customers served by the 5G industry virtual private network reached 10,030.
Accelerate the construction of digital information infrastructure, and constantly consolidate and consolidate the foundation and foundation of the long-term development of enterprises. Implementing the high-quality development of 5G, the number of 5G intermediate frequency base stations has reached 1.27 million, and the level of network coverage has continued to improve. We will strive to build a green, intensive, safe and reliable computing infrastructure, deploy the overall intelligent computing planning and layout of "1+N+X", and promote the transformation and upgrading of intelligent computing power demand. Actively lay out emerging industries such as artificial intelligence, low-altitude economy, and digital intelligence applications, increase scientific and technological innovation and core technology research, continue to strengthen the engine of scientific and technological innovation, focus on promoting industrial innovation with scientific and technological innovation, and accelerate the development of new quality productivity, with 362 authorized patents in the first quarter, a steady increase year-on-year.
In 2024, China Unicom will adhere to the principle of seeking progress while maintaining stability, deeply implement the key action plans of strengthening the enterprise with science and technology, talent, reform, digital intelligence and brand, and implement key action plans such as the development of networked communications, the integrated development of computing and networking, the development of digital intelligence applications, the development of internationalization, big data innovation, artificial intelligence innovation, new digital infrastructure, high-quality services and network information security, and strive to achieve steady growth in annual operating income. With the performance target of double-digit profit growth, we will accelerate the construction of a world-class technology service enterprise with global competitiveness and create greater value for shareholders, customers and society.
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