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600050 China United Network Communications

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  • 5.22
  • -0.11-2.06%
Market Closed Dec 13 15:00 CST
166.00BMarket Cap18.58P/E (TTM)

About China United Network Communications Company

The company indirectly holds 43.9% of Unicom's Red Chip shares through its controlling Unicom BVI company, and maintains actual control over Unicom Red Chip and Unicom's wholly-owned Unicom operating company. The company is positioned as “the national team for digital information infrastructure operation and service, a network power, the main force in building a smart society in digital China, and the vanguard of digital technology integration innovation”. Under the new positioning strategy, the company fully invigorates the main channel of the digital economy, taking “big connectivity, big computing, big data, big applications, and big security” as the main business to achieve all-round transformation and upgrading of development engines, paths and methods, open up new development space, enhance customer value, and better serve and integrate into the new development pattern. The main business is to provide voice calls, value-added services, broadband and mobile data services, data and other Internet applications, inter-network settlement, circuit and network element services in China. The company has been selected as one of the “World Top 500 Companies” for many years, ranked 267th in the 2022 Fortune 500, and has received authoritative honors such as “Board Office Best Practice Case”, “Supervisory Board Best Practice Case”, “Board Secretary's 5A Highest Rating”, and “Performance Briefing Best Practice Case” by the China Association of Listed Companies.

Company Profile

Short Name-A中国联通
Symbol-A600050
Company NameChina United Network Communications Limited
Listing DateOct 9, 2002
Issue Price2.30
Shares Offered5.00B share(s)
FoundedDec 31, 2001
Listed ExchangeSH Stock Exchange
Legal Representativezhongyue chen
General Managerqin jian
Secretaryyuchao li
Accounting FirmDeloitte Huayong Certified Public Accountants (Special General Partnership)
Securities Representativexiaoxu lei
Legal CounselBeijing Commerce & Commerce Law Firm
Employees1529
Phone010-66259179
Office AddressNo. 21 Financial Street, Xicheng District, Beijing
Zip Code100033
Registered Address4th Floor, No. 21 Financial Street, Xicheng District, Beijing
Fax010-66259544
Emailir@chinaunicom.cn
Business License310000000082463
BusinessInvestments in the telecommunications industry. The Company is limited to holding shares in China Unicom (HongKong) Limited (“ChinaUnicom (HongKong) Limited,” “Unicom Red Chip Company”) through China Unicom (BVI) Limited (“Unicom BVI Company”), and maintains actual control over Unicom Red Chip. The shares of Unicom BVI Company held by the Company shall not be transferred, pledged or created any third party rights in any form during the period of the Company's existence.

Company Executives

  • Name
  • Position
  • Salary
  • zhongyue chen
  • Chairman, Directors, Chairman of the Development Strategy Committee, Chairman of the Nomination Committee
  • 928.50K
  • shan lu
  • Directors, Member of the Remuneration and Assessment Committee, Member of the Development Strategy Committee
  • --
  • guoliang tang
  • Directors, Audit Committee Member, Member of the Development Strategy Committee
  • --
  • jin li
  • Directors, Member of the Development Strategy Committee, Member of the Remuneration and Assessment Committee
  • --
  • dou shen
  • Directors, Member of the Development Strategy Committee
  • --
  • junzhi wang
  • Directors, Nomination Committee Members, Member of the Development Strategy Committee
  • 835.70K
  • junhui wang
  • Directors, Nomination Committee Members, Audit Committee Member, Member of the Development Strategy Committee
  • --
  • qin jian
  • Directors, President, Member of the Development Strategy Committee
  • --
  • jiezhuang wu
  • Independent Directors, Member of the Development Strategy Committee, Audit Committee Member, Member of the Remuneration and Assessment Committee
  • --
  • xin jiang
  • Independent Directors, Chairman of the Audit Committee, Member of the Remuneration and Assessment Committee, Nomination Committee Members
  • --
  • guohua tong
  • Independent Directors, Nomination Committee Members, Member of the Development Strategy Committee, Audit Committee Member
  • 80.00K
  • ruguang geng
  • Independent Directors, Audit Committee Member, Member of the Remuneration and Assessment Committee, Nomination Committee Members
  • --
  • jiadan gu
  • Independent Directors, Audit Committee Member, Chairman of the Remuneration and Assessment Committee, Nomination Committee Members
  • 80.00K
  • yuchao li
  • Board Secretary, Chief Financial Officer (Head of Finance)
  • 768.60K
  • xiaoxu lei
  • Securities Affairs Representative
  • --
  • chong li
  • Chairman of the Supervisory Board, Auditors
  • --
  • xiangming fang
  • Auditors
  • --
  • yongbo tang
  • Senior Vice President
  • 814.20K
  • limin wang
  • Senior Vice President
  • --
  • liqian hao
  • Senior Vice President
  • --
  • lan cheng
  • Employee Supervisors
  • 1.51M

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