Capital Structure and Information Infrastructure Overview

Committed to Becoming World-class Building a world-class "Powerhouse" to a high standard Firmly adhere to and creatively implement the "1-2-2-5" strategy Consistently anchoring the position of being "a world-class information services and sci-tech innovation enterprise" Strategic approaches to building a "Powerhouse" to a high standard Excellent Products Speeding up "two changes" Paths and directions for building the "Powerhouse" to a high standard Prominent [R] Brand Leading Innovation Collectively foster "two elements" Key levers for building the "Powerhouse" to a high standard Modern Governance Proactively unleash "five benefits" Critical leverages for building the "Powerhouse" to a high standard Quantity: scale leadership Quality: effectiveness and efficiency leadership New Information Infrastructure 5G CFN Capability Middle Platform Innovation Reforms Ecosystem benefits benefits benefits Short-to-mid- term results Mid-to-long term value New Information Service System Connectivity + Computing force + Capability Customer recognition benefits Talent benefits growth Accelerate the development of a new innovation-driven growth model and promote scientific and technological innovation as the "largest growth driver" High intensity of R&D investment Strong ability of sci-tech innovation High proportion of scientific research talents Strong vitality of sci-tech innovation High degree of technology- driven development Strong ecosystem of sci-tech innovation Directions for enhancing enterprise value in 2H2023 中国移动 China Mobile C Accelerate business transformation and upgrade, enhance value-oriented operation effectiveness Develop high-quality products, diversify information service offerings Implement reforms in greater depth, stimulate development momentum and vitality Enhance service quality, cultivate a favourable reputation Strengthen risk safeguards, prevent and mitigate all types of risks 16

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