According to the news on November 4, according to the announcement of the China Securities Regulatory Commission,China Mobile’s initial listing application was approved by the China Securities Regulatory Commission.So far, China Mobile with 56 billion yuan of funds to be raised and China Unicom and China Telecom will share A shares. It is worth mentioning that China Mobile will exceed China Telecom’s 54.2 billion yuan,It has become the highest amount of A-share IPO funds raised in the past 10 years.
On August 18 this year, China Mobile issued an announcement stating that the application materials for the company’s initial public offering of A shares have been accepted by the China Securities Regulatory Commission.
According to the prospectus, China Mobile plans to issue 965 million A shares, and the amount of funds to be raised may exceed 56 billion yuan.
According to reports, the raised funds will be used for 5G boutique network construction projects, cloud resources new infrastructure construction projects, gigabit smart home construction projects, smart middle-station construction projects, new generation information technology research and development, digital intelligence ecological construction projects, total investment A total of 156.9 billion yuan.
From the perspective of the company’s shareholding structure, as of now, the company’s controlling shareholder is China Mobile BVI, which directly holds 72.72% of China Mobile’s shares. China Mobile Group holds 100% of China Mobile’s BVI through its wholly-owned subsidiary, China Mobile (Hong Kong) Group. The shares are the actual controller of China Mobile, and China Mobile Group is 100% owned by the SASAC.
In October of this year, China Mobile released unaudited main operating data for the first three quarters of 2021.
Data Display,China Mobile’s operating income in the first three quarters was 648.6 billion yuan, a year-on-year increase of 12.9; net profit attributable to the parent was 87.2 billion yuan, a year-on-year increase of 6.9%.