China Unicom Establishes Macau Company, Launches Guangdong-Hong Kong-Macao Greater Bay Area Artificial Intelligence Cooperation Program

China UnicomChina Unicom announced in Macau on December 6Macau Operations Company Limited (hereinafter referred to as "MOCL")("China Unicom Macau") was officially established and launched theGuangdong-Hong Kong-Macao Greater Bay AreaAICooperative Program.

At the event, Zhang Xiaoguang, Deputy General Manager of China Unicom International Limited, released China Unicom's international intelligent computing products, including Intelligent Computing Center AIDC, Intelligent Computing Dedicated Line AINET, Intelligent Computing Integration AISI, Intelligent Computing Cloud AICLOUD, and International Cloud Communication AICC.

During the event, China Unicom Macau, together with more than 10 industry chain partners such as CTM, Macau University of Science and Technology, Hong Kong University of Science and Technology, launched theGuangdong-Hong Kong-Macao Greater Bay Area Artificial Intelligence Cooperation Program UP AI (Union for Partners AI)The program will deepen the cooperation between industry, academia, research and utilization in areas such as arithmetic networks. Through the establishment of the "Guangdong-Hong Kong-Macao Joint Operation Mechanism", the program will deepen the cooperation between industry, academia, research and application in the fields of arithmetic network and artificial intelligence.

In addition, China Unicom announced the establishment of the Hong Kong Innovation Research Institute (HKIRI) and the launch of its international brand, UniCom, on December 5th. Laboratory, Yuyue Medical, Huawei, ZTE, and China Telecom Post Consulting & Design Institute to launch the "Union for Partners - Technology" (UPT) partnership program.

1AI's check of the financial results shows that China Unicom's operating revenue for 1H2024 was RMB17.3 billion, up 2.9% year-on-year; EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortization) reached RMB55 billion, up 2.7% year-on-year; and net profit attributable to equity holders of the company reached RMB13.8 billion, up 11.3% year-on-year.

Looking ahead to the full year 2024, China Unicom said it is confident that it will achieve solid growth in revenue, double-digit profit growth, and stabilize its fixed asset investment to within RMB 65 billion.

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