China Telecommunications Group Corporation Limited (“China Telecom”) is an extra-large state-owned telecommunications enterprise in China, with a total registered capital of RMB213.1 billion. At present, the size of China Telecom’s total assets exceeds RMB800 billion, with annual revenue of more than RMB430 billion, and has been listed in the Fortune Global 500 for several consecutive years. With the world’s largest broadband Internet network and a leading-edge mobile communications network, China Telecom is capable of providing cross-region, fully integrated information services and a sound customer service channel system to global customers. Today, the company has become the largest LTE-FDD 4G operator, optical broadband operator, IPTV operator and fixed-line telephone operator in the world. Up to now, our users of diversified services total 700 million. China Telecom owns three listed companies, which respectively are China Telecom Corporation Limited, China Communications Services Corporation Limited, and Besttone Holding Corporation Limited. As a main force for building a cyber power, digital China and smart society, a forerunner in supply-side reform in the fields of cloud computing, big data and artificial intelligence, and a provider of network infrastructure, China Telecom will make new achievements in a new era. Under the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, we will take building a cyber power, developing a first-class enterprise and creating a beautiful life as our goals, and regard enhancing information infrastructure construction, deepening the four integrations, and improving the total-factor productivity as our responsibilities, to accelerate the development of intelligent networks, eco-based businesses and smart operation, and strive to write a new chapter for China Telecom in the new era.