- CEO
- Xiaowei Luan
- Full Time Employees
- 75,068
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Address
- Block No.1 Beijing People's Republic of China 100073
- IPO Date
- Sep 23, 2010
- Business
- China Communications Services Corporation Limited China Communications Services Corporation Limited (CUCSF ) provides integrated comprehensive smart solutions in the informatization and digitalization sector to telecommunications operators, government agencies, industrial customers, small and medium-sized enterprises, and overseas clients primarily in China and along the Belt and Road regions. Incorporated in 2006 and headquartered in Beijing, the company operates through three main segments: telecommunications infrastructure services (TIS) encompassing design, construction, project supervision, and management of networks including fiber optics, mobile base stations, data centers, and cloud computing bases; business process outsourcing (BPO) services covering network maintenance and optimization, general facilities management for commercial buildings, high-speed railways, airports, supply chain logistics, warehousing, transportation, procurement, and product distribution of communication devices and IT equipment; and applications, content, and other (ACO) services including system integration, software development for OSS, BSS, MSS, e-commerce, mobile payment, security, video systems, value-added services such as Internet content and video conferencing, submarine cable installation, and smart products like cyberspace asset mapping, 5G security simulation ranges, emergency management platforms for hazardous chemicals, mines, floods, fires, CCS Intelligent Manufacturing Execution System (MES), IoT Platform, Intelligent Warehouse Management System (WMS), blockchain platforms, smart city governance platforms, digital government solutions, cyber security suites, industrial Internet systems, smart education campuses, intelligent buildings, and carbon neutral data management platforms. The company serves major domestic operators including China Mobile, China Telecom, China Unicom, and China Tower, while expanding into non-telecom sectors like government, energy, transportation, construction, Internet & IT, and healthcare through its nationwide Industry Center + Regional Platform matrix and overseas projects in digital infrastructure and new energy. In 2024, the company reported revenues of RMB150 billion with service revenue up 1.9% year-on-year, grew ACO services by 8.4% to exceed 20% of total revenues for the third consecutive year, achieved over 30% year-on-year increase in new contract values from strategic emerging businesses accounting for 37% of total new contracts, expanded overseas revenue by 22.3% to RMB4.228 billion through large-scale projects with Chinese enterprises abroad, undertook around 20 digital infrastructure projects each over RMB100 million including intelligent computing centers, secured multiple green low-carbon EPC contracts exceeding RMB100 million with new contracts up over 25%, boosted smart city new contracts by over 40% in social governance, digital government, transportation, education, and healthcare, advanced emergency management and security with over 30% growth in new contracts including national R&D participation and proprietary products selected for cybersecurity exemplary cases, developed nearly 100 key industry products in AI, 5G-A, blockchain, satellite communications, and low-altitude economy with over 3,900 patents, ranked 1,429th in Forbes Global 2000, and proposed a final dividend of RMB0.2187 per share reflecting a 42% payout ratio amid steady profit growth and 20.4% free cash flow increase.