China United Network Communications (00762): Adjustment of Value-Added Tax Applicable Scope for Telecommunication Services

19:25 01/02/2026

China Unicom (00762) announced that recently, the Ministry of Finance of the People's Republic of China and the State Administration of Taxation issued the "Announcement on Issues related to the Specific Scope of Value-Added Tax Collection" (Ministry of Finance and State Administration of Taxation Announcement No. 9 of 2026), which stipulates that starting from January 1, 2026, within the territory of the People's Republic of China, the business activities of providing mobile data services, SMS and MMS services, and internet broadband access services using fixed networks, mobile networks, satellites, and the internet, will be subject to a change in the applicable tax item from value-added telecommunications services to basic telecommunications services, and the corresponding VAT rate will be adjusted from 6% to 9%.

China United Network Communications (00762) announced that recently, the Ministry of Finance of the People's Republic of China and the State Administration of Taxation issued the "Announcement on Specific Scope of Value-added Tax and Related Matters" (Announcement No. 9 of 2026 by the Ministry of Finance and State Administration of Taxation), which stipulates that starting from January 1, 2026, in the territory of the People's Republic of China, the tax items applicable to business activities providing mobile data services, SMS and MMS services, and Internet broadband access services using fixed network, mobile network, satellite, and the internet are adjusted from value-added telecommunications services to basic telecommunications services, with the corresponding value-added tax rate adjusted from 6% to 9%. This adjustment in the scope of tax items will have an impact on the company's revenue and profits. The company will adhere to innovation and focus on its core tracks of "connection", "computing power", "services", and "security", striving to build differentiation advantages, further enhance operational efficiency, and promote the company's high-quality and sustainable development.

RAFFLESINTERIOR (01376): Complaint received that company director and controlling shareholder Zheng Nenghuan is suspected of market manipulation and unauthorized activities.

AMASSE CAPITAL(08168): Access Cheer sells approximately 42.03% of the company's shares.

BASETROPHY GP (08460) January sales of dried tangerine peel and white wine totaled approximately 11 million yuan, an increase of over 200% compared to the previous month.

RAFFLESINTERIOR (01376): Complaint received that company director and controlling shareholder Zheng Nenghuan is suspected of market manipulation and unauthorized activities.

AMASSE CAPITAL(08168): Access Cheer sells approximately 42.03% of the company's shares.

BASETROPHY GP (08460) January sales of dried tangerine peel and white wine totaled approximately 11 million yuan, an increase of over 200% compared to the previous month.