China United Network Communications (00762) released its performance for the first three quarters. The net profit attributable to shareholders increased by 5.1% year-on-year to 20 billion yuan.

China United Network Communications (00762) released its performance for the first three quarters of 2025. The group achieved operating income of 292.985 billion yuan (same unit below), a year-on-year increase of 1%; service income of 261.6 billion yuan, a year-on-year increase of 1.1%; and net profit attributable to equity holders of the company of 20 billion yuan, a year-on-year increase of 5.1%. China United Network Communications is advancing integration innovation comprehensively, cultivating and strengthening new productive forces, maintaining a good momentum in business development, and establishing a more stable foundation, stronger momentum, and higher quality for high-quality development. In the first three quarters of 2025, the group's operating income reached 293 billion yuan, a year-on-year increase of 1.0%; pre-tax profit was 24.7 billion yuan, and net profit attributable to equity holders of the company was 20 billion yuan, a year-on-year increase of 5.1%. The network communication industry is making steady progress. Connection scale continues to expand, with mobile users reaching 356 million households, a net increase of 12.48 million households, and fixed broadband users reaching 129 million households, a net increase of 6.79 million households, with the net increase in broadband users reaching a new high in recent years. The number of IoT connections has exceeded 700 million. Continuing to deepen integrated development, fill in new business elements, expand the scale and value of users, and maintain an ARPU of over 100 yuan for integrated package users. The intelligent computing network is upgrading. The computing power business has achieved a scale breakthrough, with revenue from Unicom Cloud reaching 52.9 billion yuan. The intelligent transformation of data centers has achieved significant results, with data center revenue reaching 21.4 billion yuan, a year-on-year increase of 8.9%. Continuously deepening the integration of intelligence and reality, promoting the deep integration of 5G, AI, and industrial Internet, empowering various industries to upgrade comprehensively, and providing services to over 20,000 customers with 5G virtual private networks. Network investment is improving in quality and efficiency. Adhering to high standards of construction and efficient operation, comprehensively deepening cooperation, sharing, maintenance and optimization, significantly improving network capabilities. Promoting the transition from 5G to 5G-A for mobile networks and from gigabit to ten gigabits for broadband networks, significantly improving user experience. Increasing innovation in computing network supply, with the total scale of intelligent computing exceeding 35 EFLOPS. Scientific and technological innovation capabilities are continuously enhancing. Focusing on key technologies such as next-generation Internet, big data, artificial intelligence, network security, and strengthening strategic layouts in 6G, low-altitude intelligent networking, satellite Internet, embodied intelligence, quantum technology, etc., obtaining a satellite mobile communication business operation license from the Ministry of Industry and Information Technology. Increasing investment in research and development, with R&D expenses growing by 5.9% year-on-year, achieving more significant results.