China United Network Communications (00762) recorded a first-quarter profit attributable to shareholders of 4.885 billion yuan, a year-on-year decrease of 17.6%.

China United Network Communications (00762) released its key financial and operating indicators for the first quarter of 2026, with the group achieving operating income of RMB 102.8 billion (same unit), a year-on-year decrease of 0.5%; pre-tax profit of RMB 6.114 billion, a year-on-year decrease of 19.54%; net profit attributable to equity holders of the company of RMB 4.885 billion, a year-on-year decrease of 17.6%. In the first quarter of 2026, China United Network Communications firmly grasped the main theme of "staying true to the original, innovating steadily for a long-term future", focusing on the four core tracks of "connectivity", "computing power", "services", and "security", seizing strategic opportunities and achieving new results in high-quality development. In terms of "connectivity", they solidified the "stabilizer" of business development. The user base steadily grew, with a net increase of over 3.58 million mobile and broadband users; the value-holding effectiveness was significant, with integrated ARPU exceeding RMB 100; the expansion and upgrading of connectivity scenes, with over 750 million IoT connections and a net increase of 32.03 million. In terms of "computing power", they drove revenue growth with an "accelerator" for advancement. The revenue from computing power business was RMB 15.4 billion, a year-on-year increase of 8.3%, with revenue from the smart computing center increasing by 11.7%, serving nearly 440,000 government and enterprise customers. To boost digital consumption, the number of paid users for cloud intelligence products exceeded 110 million, with a net increase of 5.49 million. In terms of "services", they created an "accelerator" for income growth. Accelerating the scale application of 5G, they have built over 53,000 commercial 5G projects, with over 9,800 5G factories in operation. Accelerating international market expansion, international business revenue increased by 14.9% year-on-year. Upgrading customer service intelligence, with smart customer service intelligence services accounting for 85.6%, and the customer satisfaction rate for issue resolution increased to 96.5%. In terms of "security", they built a "navigator" for steady advancement. Activating product momentum, special products such as secure lines, Unicom shields, and the ink-defense security operation service platform achieved scale development, serving over 460,000 government and enterprise customers; promoting the prosperity of the industry ecosystem, the network security industry chain supply-demand matching platform "Security Plaza" has listed over 240 security products; forging the growth pole of security business, with revenue increasing by 14.2% year on year. 2026 is the beginning year of the "Fifteenth Five-Year Plan". The company will not forget its original intention, keep in mind its mission, grasp the main theme of "staying true to the original, innovating steadily for a long-term future", focus on the core tracks of "connectivity", "computing power", "services", and "security", take a differentiated path, and make solid strides in promoting high-quality development for the company, striving to create greater value for shareholders, customers, and society.