On the evening of November 4, the audit results of the IEC meeting released by the CSRC showed that China Mobile's A-share IPO was approved. Source: website of China Securities Regulatory Commission According to the prospectus, China Mobile plans to issue no more than 965 million RMB shares, which will be listed on the main board of the Shanghai Stock Exchange and raise 56 billion yuan. This means that China Mobile may surpass China Telecom and become the largest A-share IPO in recent 10 years. China Unicom and China Telecom have been listed on the main board of Shanghai Stock Exchange. After the successful listing of China Mobile in a shares, the three major telecom operators will gather in a shares. On November 4, China Mobile's Hong Kong shares rose slightly by 0.62% to HK $48.45/share, with a total market value of HK $992 billion. It is proposed to raise 56 billion yuan China Mobile plans to be listed on the main board of Shanghai Stock Exchange, and the main underwriters are CICC and CITIC Securities. As China Mobile is a red chip enterprise listed overseas, the listing standard selected in this return to a is "the market value is no less than 200 billion yuan". According to the prospectus of China Mobile, the proposed public offering of no more than 965 million a shares does not exceed 4.50% of the total issued shares of the company after this offering (before exercising the over allotment option). The company may adopt the "green shoe" mechanism to authorize the lead underwriter to exercise the over allotment option, and may over sell a shares not exceeding 15% of the number of a shares issued this time (before exercising the over allotment option). China Mobile plans to raise 56 billion yuan to promote digital intelligence transformation and build a new digital intelligence ecology around "new infrastructure, new elements and new kinetic energy", which will be used for 5g high-quality network construction, new infrastructure construction of cloud resources, Gigabit smart home construction, smart middle platform construction, new generation information technology R & D and digital intelligence ecology construction projects, The total investment in these projects will reach 156.9 billion yuan. The fund-raising scale is large, and China Mobile's annual capital expenditure plan is larger. From 2017 to 2020, China Mobile's capital expenditure was 167.1 billion yuan, 165.9 billion yuan and 180.6 billion yuan respectively. The capital expenditure budget of China Mobile in 2021 is 183.6 billion yuan, and 86 billion yuan was completed in the first half of the year. Only 5g network construction investment invested 50.2 billion yuan in the first half of the year. By the end of 2021, China Mobile plans to open more than 700000 5g base stations. Dong Xin, CEO of China Mobile, previously introduced that it is expected to be the peak of 5g construction by 2022. 5g base station ranks first in the world Dong Xin, general manager of China Mobile, introduced at the 2021 China Mobile Global Partner Conference held on November 3 that up to now, China Mobile has built more than 560000 5g base stations, the largest in the world. Yang Jie, chairman of China Mobile, said at the meeting that China Mobile will make every effort to build a 5g boutique network covering the whole country, with advanced technology and high quality, deepen co construction and sharing, intensively and efficiently expand the construction scale, and ensure the continuous coverage of 5g above villages and towns, as well as the effective coverage of important parks, hot areas and developed rural areas by the end of 2022. Dong Xin introduced that China Mobile has developed 360 million 5g package customers and 250 million end customers; More than 5000 "commercial houses" have been applied in 5g industry, and 220 mobile cloud products have been launched; Migu series products have more than 870 million users; Gigabit optical fiber covers more than 100 million households, more than 1.08 million data center racks, and more than 230 common convergence capabilities of smart midrange. In addition, China Mobile operates 28 5g open laboratories, leads 134 5g international standard projects, and obtains 3300 5g patents, ranking the first camp of global operators. Dong Xin stressed that China Mobile will cooperate with all parties in the industrial chain to strengthen the joint innovation of production, learning, research and application around the "neck" difficulty, so as to fight the battle of key core technologies; Strengthen basic research and application basic research, aim at 6G, quantum communication, next generation network, etc., and achieve more breakthroughs from 0 to 1. 5g is not the only focus of China Mobile. Yang Jie, chairman of China's board of directors, said that China Mobile will build a first-class 5g network, ubiquitous integrated computing network and open and shared smart platform, and make 5g, computing network and smart platform integrate, communicate and work together to form a new information service system of "connection + computing + capability". The net profit in the first three quarters was 87.2 billion yuan On October 20, China Mobile released unaudited financial data for the first three quarters of 2021. In the first three quarters, China Mobile achieved a revenue of 648.6 billion yuan, an increase of 12.9% over the same period last year; Among them, the revenue from communication services was 572.9 billion yuan, an increase of 9.0% over the same period last year; EBITDA was 237.5 billion yuan, an increase of 9.5% over the same period last year; The profit attributable to shareholders was 87.2 billion yuan, an increase of 6.9% over the same period last year. In terms of mobile business, as of September 30, 2021, the total number of mobile customers of China Mobile reached about 956 million, with a net increase of 10.2 million mobile customers in the third quarter; There are 331 million 5g package customers and 160 million 5g network customers. In the first three quarters, the mobile Internet traffic of mobile customers of China Mobile reached 90.8 billion GB, a year-on-year increase of 39.1%, and the mobile Internet Dou (average monthly Internet traffic per household) exceeded 12gb; Mobile ARPU (average revenue per user) was 50.1 yuan, a year-on-year increase of 2.6%. China Mobile said that it would adhere to the development strategy of "connection + application + equity", continue to promote value management based on scale, and realize the steady growth of mobile ARPU throughout the year. In terms of wired broadband services, as of September 30, 2021, the total number of wired broadband customers of China Mobile had reached 235 million, with a net increase of 25.03 million in the first three quarters, including a net increase of 21.64 million household broadband customers. In the first three quarters, the ARPU of wired broadband was 34.8 yuan, a year-on-year increase of 7.3%, and the comprehensive ARPU of home broadband was 39.8 yuan, a year-on-year increase of 10.7%. According to China Mobile, the company has strong growth momentum in the government enterprise market. In the first three quarters, the group's ICT business revenue reached 48.9 billion yuan, maintaining rapid growth. China Mobile highlighted the progress of cloud business. Wei Bing, deputy general manager of the government enterprise business department of China Mobile, recently introduced at the media communication meeting that from January to September this year, the mobile cloud revenue reached 14.76 billion yuan, a year-on-year increase of 110%. Mobile cloud is moving towards the first camp of domestic cloud service providers. Wei Bing said that in just over a year, the mobile cloud has formed an overall resource layout of "n + 31 + X" cloud + Network + edge covering the whole country. 19 resource nodes have been built to provide cloud computing resources with more than 40000 servers and 2.56 million vcpu computing power for the market. Meanwhile, the mobile cloud currently ranks 8th in the public cloud and 3rd in the government cloud. (Xinhua News Agency)