The Board of Directors of China Mobile Limited announces that Mr. Yang Jie has resigned from his positions as an Executive Director and the Chairman of the Company by reason of age with effect from 22 December 2025. Mr. Yang has confirmed that there is 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 announced that, as proposed by the Nomination Committee of the Company and after review and approval by the Board, Mr. Chen Zhongyue has been appointed as an Executive Director and the Chairman of the Company with effect from 22 December 2025.
Mr. Chen Zhongyue, aged 54, is currently the Chairman of China Mobile Communications Group Co. Ltd., the ultimate controlling shareholder of the Company, and Director and Chairman of China Mobile Communication Company Limited. Mr. Chen has a master's degree. Mr. Chen had served as Deputy General Manager of China Telecom Zhejiang Branch, Managing Director of the Public Customers Department of China Telecom, General Manager of China Telecom Shanxi Branch, Vice President of China Telecommunications Corporation, Executive Director and Executive Vice President of China Telecom Corporation Limited, General Manager and Chairman of China United Network Communications Group Company Limited, President and Chairman of China United Network Communications Limited, President and Chairman of China United Network Communications Corporation Limited, and President, Executive Director, Chairman and Chief Executive Officer of China Unicom (Hong Kong) Limited.
China Mobile Limited is one of the Chinese No. 1 of mobile telecommunication operators. Net sales break down by activity as follows:
- data transmission services (78.5%);
- mobile telephony services (11.9%);
- other (9.6%): primarily interconnection services.
All net sales are in China.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.