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Maoyan Entertainment Capital/Financing Update 2022

Nov 21, 2022

50247_rns_2022-11-21_d27a2d84-938b-4568-b9d1-653e616c083e.pdf

Capital/Financing Update

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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(Incorporated in Hong Kong with limited liability) (Stock Code: 762)

Operational Statistics for October 2022

China Unicom (Hong Kong) Limited (“the Company”) continues to fully implement new development philosophies, contribute to the establishment of a new development landscape and promote high-quality development. With the goal of establishing “Cyber Superpower, Digital China, and Smart Society” and adhering to the Company’s “1 + 9 + 3” strategic planning, the Company focuses on its five main responsibilities and main businesses, namely “Big Connectivity, Big Computing, Big Data, Big Application, And Big Security”, to steer on the main course of digital economy and strive for a new future.

The board of directors (the “Board”) of the Company discloses the operational statistics of the Company and its subsidiaries (collectively the “Group”) for the month of October 2022.

The operational statistics for the month of October 2022 are as follows:

October 2022
I. “Ubiquitous Connectivity”
Aggregate number of “Big Connectivity” subscribers 850.436 million
Aggregate number of 5G package subscribers 205.005 million
Aggregate number of Internet-of-things terminal connections 373.492 million
II. “Innovative Application”
Number of customers served by virtual 5G industry private networks 3,125
III. “Smart Service”
Resolution ratio of customer cases by smart customer service in the
current month
98.4%
Smart customer service ratio in the current month 82.0%

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October 2022
IV. “Technological Innovation”
Cumulative number of patents granted in the current year 1,444

Notes:

  1. Aggregate number of “Big Connectivity” subscribers = aggregate number of mobile billing subscribers + aggregate number of fixed-line broadband subscribers + aggregate number of fixed-line local access subscribers + aggregate number of Internet-of-things terminal connections + aggregate number of networking leased line subscribers.

  2. A virtual 5G industry private network is a high-quality private network based on the public 5G network provided to industry customers to satisfy their business and security needs. It is a core carrier for offering differentiated and partially self-operated network services. Virtual 5G industry private network is a key metric in the government’s “5G Applications ‘Sailing’ Action Plan (2021-2023)” and has become a new engine for driving 5G application innovation, enhancing productivity and accelerating digital transformation in vertical industries.

  3. Resolution ratio of customer cases by smart customer service = number of satisfactory resolution ratings / number of post-service ratings * 100%. Smart customer service ratio = number of cases resolved by smart customer service / total number of cases.

  4. The patents mentioned in the above table are held by China United Network Communications Group Company Limited, the ultimate controlling shareholder of the Company. Such patents can be used by the Group.

Caution Statement

The Board wishes to remind investors that the above operational statistics are based on the Group's internal records. Such statistics may differ from those to be reported in the Group’s consolidated financial statements. Investors are cautioned not to unduly rely on such statistics. In the meantime, investors are advised to exercise caution in dealing in the securities of the Company.

By Order of the Board CHINA UNICOM (HONG KONG) LIMITED Liu Liehong

Chairman & Chief Executive Officer

Hong Kong, 21 November 2022

Certain statements contained in this announcement may be viewed as “forward-looking statements”. Such forwardlooking statements are subject to known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward looking statements. In addition, we do not intend to update these forward-looking statements. Neither the Company nor the directors, employees or agents of the Company assume any liabilities in the event that any of the forward-looking statements does not materialise or turns out to be incorrect.

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As at the date of this announcement, the board of directors of the Company comprises:

Executive Directors: Liu Liehong, Chen Zhongyue, Wang Junzhi and Li Yuzhuo Independent Non-executive Directors: Cheung Wing Lam Linus, Wong Wai Ming, Chung Shui Ming Timpson and Law Fan Chiu Fun Fanny

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