Tillkännagivande • Oct 04
China Tower Corporation Limited to Report Nine Months, 2024 Results on Oct 18, 2024 China Tower Corporation Limited announced that they will report nine months, 2024 results on Oct 18, 2024 Tillkännagivande • Sep 13
China Tower Corporation Limited Announces Appointment of Zhang Wei as Independent Non-Executive Director and Change in the Composition of Board Committees China Tower Corporation Limited announced that the appointment of Ms. Zhang Wei as an independent non-executive Director was approved at the EGM held on 13 September 2024 and her term of office has commenced from 13 September 2024 and will end upon the expiration of term of the third session of the Board. The Board further announced that the composition of the Board committees has been adjusted as follows, which became effective on 13 September 2024: Mr. Chen Li, an executive Director, has been appointed as a member of each of the strategy committee and the connected transaction committee of the Board; and Ms. Zhang, an independent non-executive Director, has been appointed as the chairman of the audit committee of the Board, a member of each of the remuneration and appraisal committee, the nomination committee and the connected transaction committee of the Board. Tillkännagivande • Aug 07
China Tower Corporation Limited Proposes Interim Dividend for the Six Months Ended 30 June 2024, Payable on 29 November 2024 China Tower Corporation Limited proposed Interim Dividend of RMB 0.0109 per share for the Six Months Ended 30 June 2024. Date of shareholders' approval: 13 September 2024. Ex-dividend date: 19 September 2024. Record date: 26 September 2024. Payment date: 29 November 2024. Tillkännagivande • Jul 24
China Tower Corporation Limited to Report First Half, 2024 Results on Aug 07, 2024 China Tower Corporation Limited announced that they will report first half, 2024 results on Aug 07, 2024 Tillkännagivande • Jul 02
China Tower Corporation Limited Appoints Xu Bo as A Deputy General Manager of the Company China Tower Corporation Limited has been appointed as Mr. Xu Bo as a deputy general manager of the Company and his term of office as a deputy general manager of the Company took effect from 2 July 2024 and will end on the date of the expiration of the third session of the Board. Mr. Xu, aged 52, joined the Company in September 2014. He served as the deputy general manager and general manager of Jiangxi Branch, the general manager of Shanxi Branch and the general manager of Hebei Branch of the Company. Since August 2023, he has served as the general manager of the communications and development department of the Company. From November 2005 to September 2014, Mr. Xu successively served in several positions with China United Network Communications Group Company Limited, including the general manager of operation and maintenance department of its Jiangxi Branch and the general manager of its Yichun Branch. Mr. Xu graduated from the department of radio engineering of Beijing Institute of Posts and Telecommunications (currently known as Beijing University of Posts and Telecommunications) in July 1993 with a bachelor's degree in image transmission and processing, and received a master's degree in business administration from the School of Economics and Management of Beijing University of Posts and Telecommunications in November 2002. Mr. Xu is a senior engineer. Tillkännagivande • Apr 24
China Tower Corporation Limited Appoints Chen Li as General Manager The board of directors of China Tower Corporation Limited announced that Mr. Chen Li has been appointed as the general manager of the Company and his term of office as the general manager of the Company takes effect from 23 April 2024 and will end upon the expiration of the term of office of the third session of the Board. Mr. Chen Li, aged 56, served as a director and the deputy general manager of China Mobile Group Hubei Co. Ltd. from October 2000 to March 2010, a director and the deputy general manager of China Mobile Group Anhui Co. Ltd. from March 2010 to August 2012, the chairman and the general manager of China Mobile Group Qinghai Co. Ltd. from August 2012 to October 2014, the chairman and the general manager of China Mobile Group Liaoning Co. Ltd. from October 2014 to April 2016, the chairman and the general manager of China Mobile Group Shanghai Co. Ltd. from April 2016 to April 2024. Mr. Chen graduated from Chongqing Institute of Posts and Telecommunications in July 1988 with a bachelor's degree of engineering and majored in telecommunication engineering and received a master's degree of management with a major in information communication management from BI Norwegian Business School-Fudan University in March 2002. Mr. Chen is a senior engineer. Tillkännagivande • Apr 13
China Tower Corporation Limited Announces Resignation of Liu Wei as Supervisor China Tower Corporation Limited announced that Mr. Liu Wei has resigned from his position as a supervisor of the Company with effect from 12 April 2024 by reason of adjustment in work responsibilities. Mr. Liu has confirmed that there is no disagreement with the board of directors of the Company or the supervisory committee of the Company and there is no matter relating to his resignation as a Supervisor that needs to be brought to the attention of the shareholders of the Company. Tillkännagivande • Apr 06
China Tower Corporation Limited to Report Q1, 2024 Results on Apr 19, 2024 China Tower Corporation Limited announced that they will report Q1, 2024 results on Apr 19, 2024 Tillkännagivande • Mar 18
China Tower Corporation Limited, Annual General Meeting, May 20, 2024 China Tower Corporation Limited, Annual General Meeting, May 20, 2024. Tillkännagivande • Mar 13
China Tower Corporation Limited Announces the Resignation of Zhang Guohou as Independent Non-Executive Director The board of directors of China Tower Corporation Limited announced that, by reason of age, Mr. Zhang Guohou has resigned from his positions as an independent non-executive director of the Company, the chairman of the Audit Committee of the Board, a member of the Strategy Committee, the Remuneration and Appraisal Committee, the Nomination Committee and the Connected Transaction Committee of the Board with effect from 13 March 2024. Tillkännagivande • Dec 07
Rchina Tower Corporation Limited Announces Resignation of Gu Xiaomin as Executive Director The board of directors of China Tower Corporation Limited announced that, by reason of age, Mr. Gu Xiaomin has resigned from his positions asan executive director, the general manager of the Company, a member of the strategy committee of the Board and the connected transaction committee of the Board with effect from 6 December 2023. During Mr. Gu's tenure of service, he performed his duties responsibly and diligently. He played a significant role in the implementation of the "One Core and Two Wings" strategy, continuously creating enterprise value and promoting high-quality development of the Company. Tillkännagivande • Oct 06
China Tower Corporation Limited to Report Q3, 2023 Results on Oct 19, 2023 China Tower Corporation Limited announced that they will report Q3, 2023 results on Oct 19, 2023 Tillkännagivande • Jun 17
China Tower Corporation Limited Announces Appointment of Tang Yongbo as Non-Executive Director, Member of the Strategy Committee of the Board and A Member of the Remuneration and Appraisal Committee China Tower Corporation Limited announced at the EGM held on June 16, 2023 that the company approved appointment of Mr. Tang Yongbo ("Mr. Tang") as a non-executive Director was approved at the EGM and his term of office has commenced from 16 June 2023 until the date of the expiration of the third session of the Board. The Company will enter into a service contract with Mr. Tang. Mr. Tang will not receive director's remuneration during his term of office as a Director. Please refer to the Circular for the biographical details of Mr. Tang. As at the date of this announcement, there has been no change to such information except that Mr. Tang has been appointed as a non-executive director of China Communications Services Corporation Limited on 16 June 2023. The Board further announced that Mr. Tang has been appointed as a member of the strategy committee of the Board and a member of the remuneration and appraisal committee of the Board. The above changes become effective on 16 June 2023. Tillkännagivande • May 12
China Tower Corporation Limited Approves Final Dividend for the Year Ended 31 December 2022, Payable on or About 30 June 2023 China Tower Corporation Limited announced that the final dividend of RMB 0.03232 per Share (equivalent to HKD 0.036661 per Share) (pre-tax) for the year ended 31 December 2022 was approved at the AGM. The payment shall be made to the Shareholders whose names appear on the register of members of the Company on 23 May 2023. The register of members will be closed from 18 May 2023 to 23 May 2023. The final dividend is expected to be paid on or about 30 June 2023. Reported Earnings • Mar 03
Full year 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.042 in FY 2021) Full year 2022 results: EPS: CN¥0.05 (up from CN¥0.042 in FY 2021). Revenue: CN¥92.2b (up 6.5% from FY 2021). Net income: CN¥8.79b (up 20% from FY 2021). Profit margin: 9.5% (up from 8.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Telecom industry in South America. Tillkännagivande • Feb 17
China Tower Corporation Limited to Report Q4, 2022 Results on Mar 02, 2023 China Tower Corporation Limited announced that they will report Q4, 2022 results at 4:00 PM, China Standard Time on Mar 02, 2023 Tillkännagivande • Nov 29
China Tower Corporation Limited Announces Appointments of Deputy General Managers The board of directors (the "Board") of China Tower Corporation Limited (the "Company") announced that Mr. Yin Wenkai ("Mr. Yin") and Mr. Zhao Jingbao ("Mr. Zhao") have been appointed as deputy general managers of the Company and their terms of office as deputy general managers of the Company took effect from 28 November 2022 and will end on the date of the expiration of the third session of the Board. Mr. Yin, aged 54, joined the Company in November 2022. He served successively as the deputy general manager of Anhui Guoxin Paging Co. Ltd. and the director of the supervision office of the Anhui branch of China United Telecommunications Corporation from January 2000 to September 2002. He served successively as the senior business manager of the personnel department, the director of the general personnel division of the personnel department and the director of the remuneration and welfare division of the human resources department of China Telecommunications Corporation from September 2002 to June 2006, and served successively as the deputy general manager and general manager of the human resources department of China United Network Communications Group Company Limited from June 2006 to September 2020. From September 2020 to November 2022, he served as the chairman of the board of directors of China Unicom Leasing Co. Ltd. Mr. Yin graduated from Beijing Institute of Posts and Telecommunications (currently known as Beijing University of Posts and Telecommunications) and majored in postal communications management with a bachelor's degree in economics. Mr. Yin is qualified as a senior economist. Mr. Zhao, aged 50, joined the Company in September 2014. He served as the deputy general manager of the Anhui branch and the general manager of the Heilongjiang branch of the Company. Since July 2021, he has served as the general manager of the Guangdong branch of the Company. From May 2003 to October 2006, he successively served as the deputy director of the human resources department and the deputy director of the development strategy department of China Mobile Group Anhui Co. Ltd., and the general manager of Huaibei branch of China Mobile Group Anhui Co. Ltd. from October 2006 to February 2012. From February 2012 to September 2014, he successively served as the general manager of the development strategy department and the general manager of the human resources department of China Mobile Group Anhui Co. Ltd. Mr. Zhao graduated from Hefei University of Technology and majored in circuits and systems with a master's degree in engineering. Board Change • Nov 16
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). Employee Representative Supervisor Hongwei Wang is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive director Chunbo Dong was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: CN¥0.012 (vs CN¥0.01 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.012 (up from CN¥0.01 in 3Q 2021). Revenue: CN¥23.2b (up 5.9% from 3Q 2021). Net income: CN¥2.18b (up 21% from 3Q 2021). Profit margin: 9.4% (up from 8.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Telecom industry in South America. Tillkännagivande • Oct 11
China Tower Corporation Limited Announces Board Changes China Tower Corporation Limited held its annual general meeting on October 10, 2022 announced the appointment of Mr. Fang Xiaobing as a non-executive Director was approved at the EGM and his term of office has commenced from 10 October 2022 until the date of the expiration of the third session of the Board. The Company will enter into a service contract with Mr. Fang. Mr. Fang will not receive director's remuneration during his term of office. Also announced the appointment of Mr. Dong Chunbo and Mr. Sin Hendrick each as an independent non-executive Director was approved at the EGM and their respective term of office has commenced from 10 October 2022 until the date of the expiration of the third session of the Board. The Company will enter into a service contract with Mr. Dong and Mr. Sin, respectively. The Board will determine the remuneration of Mr. Dong and Mr. Sin with reference to their respective duties, responsibilities, experience as well as current market condition. The Board announces that, due to change in work arrangement, Mr. Deng Shiji resigned from his positions as an independent non-executive Director, the chairman of the remuneration and appraisal committee of the Board, the member of the nomination committee of the Board, the audit committee of the Board and the connected transaction committee of the Board with effect from 10 October 2022. The Board further announces that the composition of Board committees has been adjusted as follows, which became effective on 10 October 2022. Mr. Gao Chunlei, an executive Director, has been appointed as the member of the Nomination Committee and the Connected Transaction Committee; Mr. Fang, a non-executive Director, has been appointed as the member of the strategy committee of the Board and the Connected Transaction Committee; Mr. Dong, an independent non-executive Director, has been appointed as the chairman of the Remuneration and Appraisal Committee, the member of the Nomination Committee, the Audit Committee and the Connected Transaction Committee; and Mr. Sin, an independent non-executive Director, has been appointed as the member of the Remuneration and Appraisal Committee, the Nomination Committee, the Audit Committee and the Connected Transaction Committee. Tillkännagivande • Oct 06
China Tower Corporation Limited to Report Nine Months, 2022 Results on Oct 19, 2022 China Tower Corporation Limited announced that they will report nine months, 2022 results on Oct 19, 2022 Tillkännagivande • Sep 24
China Tower Corporation Limited Approves Board Appointments China Tower Corporation Limited approved the appointment of Mr. Fang Xiaobing as a non-executive director of the Company; that any director of the Company be and is hereby authorized to sign on behalf of the Company the director's service contract with Mr. Fang Xiaobing. The approved the appointment of Mr. Dong Chunbo as an independent non-executive director of the Company; that any director of the Company be and is hereby authorized to sign on behalf of the Company the director's service contract with Mr. Dong Chunbo, and that the Board be and is hereby authorized to determine his remuneration. The company approved the appointment of Mr. Sin Hendrick as an independent non-executive director of the Company be and is hereby considered and approved; that any director of the Company be and is hereby authorized to sign on behalf of the Company the director's service contract with Mr. Sin Hendrick, and that the Board be and is hereby authorized to determine his remuneration, at its second extraordinary general meeting held on 10 October 2022. Tillkännagivande • Aug 09
China Tower Corporation Limited Announces Management Changes The board of directors of China Tower Corporation Limited announced that Ms. Leung Suet Wing ("Ms. Leung") has been appointed as the company secretary of the Company (the "Company Secretary") with effect from 8 August 2022. Ms. Leung, aged 33, graduated from City University of Hong Kong with a master' s degree in professional accounting and corporate governance in July 2016. Ms. Leung is a Chartered Secretary, a Chartered Governance Professional and an Associate of both The Hong Kong Chartered Governance Institute (formerly known as The Hong Kong Institute of Chartered Secretaries) and The Chartered Governance Institute in the United Kingdom. Ms. Leung has over 11 years of experience in the corporate secretarial field and has been providing professional corporate services to Hong Kong listed companies as well as multinational, private and offshore companies, with focuses on corporate governance and advisory, and regulatory compliance. Upon the appointment of Ms. Leung becoming effective on 8 August 2022, the Company has re-complied with the requirements prescribed in Rule 3.28 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). The Board also announced that Ms. Leung has been appointed in place of Mr. Gu Xiaomin, an executive director of the Company, as the authorised representative of the Company under Rule 3.05 of the Listing Rules with effect from 8 August 2022. Reported Earnings • Aug 08
Second quarter 2022 earnings released: EPS: CN¥0.012 (vs CN¥0.01 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.012 (up from CN¥0.01 in 2Q 2021). Revenue: CN¥22.8b (up 6.2% from 2Q 2021). Net income: CN¥2.04b (up 16% from 2Q 2021). Profit margin: 8.9% (up from 8.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.1%, compared to a 9.8% growth forecast for the industry in Mexico. Tillkännagivande • Jul 26
China Tower Corporation Limited to Report First Half, 2022 Results on Aug 08, 2022 China Tower Corporation Limited announced that they will report first half, 2022 results on Aug 08, 2022 Board Change • Jul 18
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Employee Representative Supervisor Hongwei Wang is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Guohou Zhang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • May 31
Less than half of directors are independent There are 10 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Employee Representative Supervisor Hongwei Wang is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Guohou Zhang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Tillkännagivande • May 31
China Tower Corporation Limited Announces Resignation of Mai Yanzhou as Non-Executive Director China Tower Corporation Limited announced that, due to change in work arrangement, Mr. Mai Yanzhou has resigned from his positions as a non-executive director of the Company, a member of the Strategy Committee and the Remuneration and Appraisal Committee of the Board with effect from 30 May 2022. Mr. Mai Yanzhou has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board would like to express its sincere gratitude to Mr. Mai Yanzhou for his contributions to the Company during his term of office.