Gelonghui, April 22 | Huatai Securities released a report stating that Unicom's performance has been growing steadily and increasing its scale and value. The company's A-share revenue for the first quarter was 99.496 billion yuan, up 2.3% year-on-year; net profit was 2,447 billion yuan, up 8% year-on-year. The company focused on high-quality development and maintained steady growth in revenue and profit. The bank is optimistic about the company's development in the context of digital China construction. The book value of the company's H shares from 2024 to 2026 is 12.13/12.84/13.62 yuan, respectively. Considering the impact of US Executive Order 13,959, H shares were given 0.61 times the 2024 market account ratio, corresponding to the target price of HK$8, to maintain the “buy” rating.