China Communications Services Corporation Limited (0552.HK)

3.680 -0.070 (-1.87%) As of 02:08PM HKT. Market open.

China Communications Services Corporation Limited

Block No.1
Compound No.1, Fenghuangzui Street Fengtai District
Beijing 100073
China
86 10 5850 2290
https://www.chinaccs.com.hk

Sector(s): Communication Services
Industry: Telecom Services
Full-time employees: 78,173

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Xu Zhang	Executive VP, CFO & Executive Director	1.29M	N/A	1970
Mr. Xiaowei Luan	Executive Chairman	N/A	N/A	1974
Mr. Dong Yan	President & Executive Director	701.06k	N/A	1972
Mr. Xu Zhao	Executive Vice President	N/A	N/A	1975
Mr. Shiguang Xu	Executive Vice President	N/A	N/A	1981
Mr. Hao Zhang	Executive Vice President	N/A	N/A	1972
Mr. Wai Cheung Chung F Fin, FCCA, FCPA, LLB	Company Secretary & Deputy CFO	N/A	N/A	1974

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

China Communications Services Corporation Limited provides telecommunications support services worldwide. It offers telecommunications infrastructure services, including planning, design, construction, and project supervision for fixed line, mobile, broadband networks, data centers and supporting systems; construction services of ancillary communications networks; and integrated solutions for informatization, digitalization, and intelligentization. The company also provides business process outsourcing services comprising network maintenance and optimization services that include fiber optic and electric cables, mobile base stations, network equipment, and terminals; general facilities management services for customers data centers, cloud computing bases, commercial and residential buildings, high-speed railway stations, airports, etc.; and supply chain services, including warehousing, transportation, integrated logistics, procurement and tendering, and quality inspection, as well as repair and disposition to domestic telecommunications operators, government and enterprise customers. In addition, it offers applications, content, and other services, such as system integration, software development and system support, value-added, and other services. Further, the company provides submarine cable installation and other related services. Additionally, it involved in the distribution of communication and information products; terminals sales; device distribution services; and distribution and procurement services of IT devices, auxiliary machinery, and equipment. It serves telecommunications operators; and non-telecom operator customers, such as government agencies, industrial customers, and small and medium enterprises, as well as overseas customers. The company was incorporated in 2006 and is headquartered in Beijing, China.

Corporate governance

China Communications Services Corporation Limited’s ISS governance QualityScore as of 29 April 2024 is 3. The pillar scores are Audit: 1; Board: 6; Shareholder rights: 10; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.