CHINA MOBILE earnings conference call: aims to become the Taiwan Semiconductor in the AI field, increasing the scale of AI investments.

Faced with the slowdown in the Global telecommunications Industry, CHINA MOBILE is fully transforming into an information services Technology innovation company, now targeting not only Global operators, but also Global Technology innovation companies. The company has established the "AI + Action Plan" to build AI capabilities centered around the "Nine Sky" large model, accelerating the construction of computing power infrastructure, with plans to increase the proportion of computing power investment to 25% by 2025. Amid the AI boom triggered by DeepSeek, the company’s GPU utilization has tripled, and mobile cloud is expected to grow well next year. For investors, the company plans to raise the dividend payout ratio to over 75% by 2026.

wallstreetcnMar 21 07:07

CHINA MOBILE's capital expenditure slightly decreased, with computing power still being one of the main investment directions, which will drive the popularization of MaaS.

① In 2024, the free cash flow is 151.7 billion yuan; ② CHINA MOBILE launched ultra-large-scale intelligent computing centers in Hohhot and Harbin in 2024, with a layout covering 40 AI models in the Energy, Transportation, Medical, and Education Industries; released the CHINA MOBILE AI intelligent assistant Lingxi Intelligence; ③ By the end of December 2024, the total number of clients for its "AI products" reached 0.19 billion.

cls.cnMar 20 18:41

In 2024, CHINA MOBILE's revenue increased by 3.1% year-on-year, with total capital expenditure of 164 billion yuan.

In 2024, CHINA MOBILE achieved growth in both revenue and Net income, and overall performance remained stable. The results of digital transformation were significant, with the proportion of Communications Services revenue further rising to over 31%, becoming an important engine for the company's growth.

wallstreetcnMar 20 17:31

Express News | CHINA MOBILE: The operating revenue for 2024 is expected to be 1,040.8 billion yuan, a year-on-year increase of 3.1%.

BreakingsMar 20 16:37

Three departments are promoting the update of New energy Fund bus equipment, and the bus industry is expected to enter a renewal cycle.

The General Office of the Ministry of Transportation, the General Office of the National Development and Reform Commission, and the General Office of the Ministry of Finance issued the "Implementation Rules for the 2025 New Energy City Bus and Battery Replacement Subsidies." Utilizing ultra-long-term special national debt funds, city bus companies will receive fixed subsidies for updating new energy city buses and replacing batteries.

cls.cnMar 20 08:02

Miyue Group's stock price doubled in just seven days after going public! Consumer stocks have emerged strongly; under the bullish policies, which sectors are worth paying attention to?

In this context, the market style has begun to rotate, with the Consumer Sector standing out, among which the most outstanding performance is in the tea beverage sector. So far, Nayuki's Tea has increased by over 70% in three days.

Futu NewsMar 11 17:17