News Summary:
China Unicom (Hong Kong) Limited plans to convene a Board meeting on March 19, 2026, to approve its 2025 financial results and consider a final dividend payment. Previously, on February 12, 2026, Mr. Wang Limin resigned from his position as Senior Vice President, effective the same day, due to a change in work arrangement, with the Board acknowledging his diligent service. Earlier, effective January 1, 2026, China Unicom (Hong Kong) Limited began adjusting the application scope of VAT categories for telecommunications services. This adjustment stems from a new directive by China’s Ministry of Finance and State Taxation Administration, which reclassifies mobile data, SMS/MMS, and internet broadband access services from value-added to basic telecommunications services for VAT purposes, increasing the applicable tax rate from 6% to 9%. The company noted this change will impact its revenue and profit, advising shareholders and investors to exercise caution. Separately, on January 30, 2026, China Unicom attained the China Securities "Golden Bauhinia Awards" at the 15th Hong Kong International Financial Forum and Awards Ceremony.
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