China Communications Services Corp. Ltd. Class H
0.53
USD
-0.01
(-0.95%)
ISIN
CNE1000002G3
Return %
Stock
S&P 500
1Y
-9.96
14.20
3Y
0.77
81.12
5Y
23.10
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Cui Zhanwei
- Full Time Employees
- 73,157
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Block No.1 Beijing BE China 100073
- IPO Date
- Dec 8, 2006
- Website
- chinaccs.com.hk
- Similar Companies
- Business
- China Communications Services Corporation Limited (0552.HK) is a leading provider of telecommunications support services and integrated smart solutions for informatization and digitalization in the People's Republic of China (PRC). Incorporated in 2006 and headquartered in Beijing at Block No.1, Compound No.1, Fenghuangzui Street, Fenghuang District, the company operates through three primary business segments: Telecommunications Infrastructure Services (TIS), Business Process Outsourcing (BPO) Services, and Applications, Content and Other (ACO) Services. TIS encompasses planning, design, construction, project supervision and management for fixed-line, mobile, broadband networks, data centers, supporting systems, and ancillary communications networks, including submarine cable installation; BPO includes network maintenance and optimization for fiber optic cables, electric cables, mobile base stations, network equipment and terminals, general facilities management for data centers, cloud computing bases, commercial and residential buildings, high-speed railway stations and airports, as well as supply chain services such as warehousing, transportation, integrated logistics, procurement, tendering, quality inspection, repair and disposition, alongside products distribution for communication and information products, terminals sales, IT devices, auxiliary machinery and equipment; ACO covers system integration, software development, system support, value-added services, and other applications. The company serves major PRC telecommunications operators including China Telecom, China Mobile, China Unicom, China Broadcasting Network and China Tower Corporation Limited, as well as domestic non-operator customers such as government agencies, industrial enterprises, small and medium-sized enterprises across sectors like government, transportation, energy, education, healthcare, culture and tourism, internet and IT, housing and construction, and overseas customers in dozens of countries and regions including Asia Pacific, the Middle East, Africa and Latin America, with business coverage spanning nationwide in the PRC and global markets. As the largest telecommunications infrastructure service group in China with over 100 specialized subsidiaries, it positions itself as a New Generation Integrated Smart Service Provider, acting as Builder of Digital Infrastructure, Provider of Smart Products and Platforms, Provider of Industrial Digitalization Services, and Guard of Smart Operation, committing to building smart society, boosting digital economy, and serving a good life. In recent developments, the company reported 2025 interim revenues of RMB76.9 billion, up 3.4% year-over-year, with net profit attributable to equity shareholders rising 0.2% to RMB2.1 billion, driven by ACO revenue growth of 11.7% to RMB16.3 billion and strategic emerging businesses new contracts exceeding RMB42 billion, up over 10% year-over-year, including over RMB21.5 billion in ACO strategic emerging areas; it developed nearly 100 technological innovation smart products and 23 comprehensive solutions, secured 96 science and technology awards, accumulated over 4,100 authorized patents and 10,900 software copyrights, invested RMB2.2 billion in R&D with RMB0.97 billion for smart city and AI up 12%, and nurtured over 10,000 technological innovation talents alongside collaborations with 21 academic institutions and 30 enterprises; key projects include a FinTech Center for a bank achieving PUE of 1.176 and supporting 50% of new incremental business, gas pipeline network renovation with 20,000 intelligent terminals, source-grid-load-storage virtual power plant, AI customer service platforms reducing manual intervention by 23%, and energy-saving cloud platforms cutting electricity use by 12%, while deepening overseas collaborations with PRC operators under the Belt and Road Initiative, expanding into general contracting, financing solutions, industrial digitalization, new energy, e-government, and EPC markets.